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<br /> NEBRASKA
<br /> SECOND OEED OF TRUST
<br /> This Second Desd of Trust(this 'Second Oeed af�Trust"�,�is,made as of Apri 1 5 1 g9 b an •�
<br /> Jeremy Drapal, a single man • 9 Y d amonQ
<br /> . ("Trusior'�, whose mailing address is 1 404 North Eddy, Grand Island, NE6;8801
<br /> Commercial Federal Bank l"Trustee")
<br /> Omaha, NE , . Whase mailing address is p0 Box 1 1 03
<br /> ('Beneficiary"�, whose maiiing address is 200 Comme ce Caurt 12 0 O Street, Lin oin,eNeb asfca 68 08-1402 ance Authoriry
<br /> FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers,conveys and assigns to Trustee, IN TRUST,WITFI ppVyER
<br /> OF SALE, for the benefit and securiry of Beneficiary, under and subject ta the terms and conditians cf chis Second Deed of Trust,
<br /> the �eal property, legally described an Exhibit A attached hereto and incorpc�ated herein by reference (the "Properry'�; and
<br /> TOGEfHER WITH,all rents,profits,royaldes,income and other benefits derived fram the Propeny(co(tectively, the'renu"), .
<br /> all leases ar subleases covering the Prcperty ur any paRion thereat now or hereafter existing or entered into, and ali right, tide and
<br /> interest of Trustor thereunder, all right, dtle and interest of Trus;or in and ta any greater estata in the Property owned or hereafter
<br /> acquired, all inte�ests, estate o� oxher claims, bath in law and in equity, which Trusior�ow has or may hereaher acquire in tha
<br /> Property, all easements, rights-of-way, tenements, hereditaments and appu�tenances thereaf and thereto, all water rights, aIl right,
<br /> dtle and incerest of Trustar, now owned or hereafter acquired, in and to any land, lying within the right-of-way of any street or
<br /> highway adjoining the Property, and any and all alleys and strips and gores of land adjacent to ar used in connection with ihe
<br /> Properry, and any and all buildings;fixtures and improvements now a�hereafte�erected thereon (the "Improvements"), and alt the
<br /> estate, interest, right, dtle or any claim or demand which Trustar now has or may hereaher acquire in the Property, and any and
<br /> all awards made for the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the whole or any part af
<br /> the Trust Estace, including without limitation a�y awards resulting from a change of grade of sueets and awards for severance '
<br /> damages.
<br /> The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the 'Trust Estate".
<br /> Fo� the Pu�posa of Securing: '
<br /> A• Payment of indebtedness evide�ced by any promissary note of Trusta� in favor of Beneficiary; and
<br /> B• Payment of all sums advanced by Beneficiary to protect che Trust Estate, with interest thereon at the rate ot
<br /> sixteen percent (16961 per annum.
<br /> The indebtedness described in paragraphs A and B abave is referred ta as the 'Indebtedness."
<br /> This Second Deed of Trust, any promissory note of Trustor in favor of Beneficiary�and any other instrument given to
<br /> evidence or turche� secure the payment and perto�ma�ce of any obligation secured hereby are referred tc caQeciively as tt►e "I.oa�
<br /> Instruments'.
<br /> Trustor covenants that (i1 Trustor holds title to the Trusi Estate and has lawfu! authority to encumber the Trust Estare,
<br /> fii) the Trust Estate is free and clear of all liens and encumbra�ces except for aaseme�ts, restrictions and covenants of record and �
<br /> the Deed of Trusi ftam Trustor encumbering the Praperty dated on or about the date hereof (the 'First Oeed of TrusYl� and
<br /> (iii) Trustor will defend the Trust Estate against the lawful ctaims of any person.
<br /> To Protect tha Secu�tty of this Second Dead of Trust:
<br /> 1• Paymenr o!/ndebtsdness. Trustor shall pay when due the principat♦af,and the interest on, the I�debtedness and � , �
<br /> alt other sums as provided in the Loan Instruments. . � ,
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