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<br /> 97_ 10�Q09 Deed of Trust �
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<br /> 7i11S DEED OF TRUS�Ia mad�M!s fd�t1) �9-2 b-t 99� ,by and e�twMn �n
<br /> �.���tonh�r R and Cer{ 1� Wat�r� ��"
<br /> wh�fh�r on�o�moi�,(ANwh�hr caM�d M� ��
<br /> '7'iwtcr'/,wAos�m�lJJny addrus!s
<br /> ana v.,..�ti. n...� ..a �..� [Srand T�Lnd� NR 6A90� .
<br /> Nor�o�t Sank Nahraoka� Natiengl l�avnciation (Aerdns/�►c�H�dthe 'Tltrste�7,Whus�malAdny
<br /> �ddraa Js 9h����t '!m��•-a a�M�oF drand Ielind. NB 69907 .�nd
<br /> No�ast Bantr_ Nehraak�. National Aaaoeiat+nn .(hNNna/tw caN1O M� 'tlln�iiciary-1,wnoa�
<br /> malUnyaddiwTSls���,�;�j��t Third Rtir�wf- [srand T�land� NE 6E801
<br /> W/7NESSETH.•
<br /> /F 7H1S BOX/S CHECKfD[�TN/S OEEO Of TRUST CQN3TI7UTES A CONS7RUC7/ON SfCURl7YAOREEMFNT UNDER 7HE NEORASXA
<br /> CONSTR!/C1JON UENACT AND CREA1fS,QRAIV'1'S AMD CONS7/7UTES A CON8TRUCT/ON SECURIIY IAI�EREBT/N TMF PROAERIY
<br /> DfSCRlBED NERE/N BELOW.
<br /> WHEREAS,Tiwtor/s 1nd�Dt�d to B�n�ticiary in th�pdnclp�l aum of
<br /> Two Ftundr._� ThoLaand and QQ,�100
<br /> Oo!/«a Id ZOO,�00.00 1,whlch lndrbt�dn�ssls�vld�nc�d by 7iwtor'a promivary not�d�t�d �9-26-1997 ,
<br /> lhNNn�ttM cdbd oh�Abn%p�y�bN to ths o�dw ol Bn►�Nclary�nd hiviny�mstwity of 19-05-2002 _-_
<br />,� NOW,TNEREfORE,%�tAe pwpw�ol aecurJnp:
<br /> F (�1 paym��nt o!th�Not�,toy�th�r wltA Jnte�ur thw�on,l+t�ch�rpss pr�payin�nt p�ns/da,a�ny/utw�adwnc�s.�nd�M�xt�nalons.
<br /> � moaYflcadons,tubsdtutJona and i�n�waW hsnol,
<br /> fbJ paym�nt ot aN other aums,/�u ar chaiyu, toyethw wlth Jnt���.tt thNeon,�dvanc�d to prohct ths a�cudty of 1hls D�ed of 7iust�nd
<br /> -� th1 pMfOIAlMCI O�MI COVWlMfB Md Ay/IMlMfS OJ TitfJtOl�wh�th�r or not ast/mtA h�rdn,
<br /> 1 Icl pNJonnu+cs,dschsrys ol�nd compAanc�w!M svay brm,coven�nt ob/Ipadon�nd�pro�m�nt of 7iustor aonh/n.rd h�rdn or
<br /> �s Inco►poi�t�d by isl�nnc�or my other secuilty insbwn�nt at anytlm�plve�n ro aecun M�Not�,�nd
<br />_� fdl du i�p�ym�nt ol�!I oth�►sums o�/utuiNdv�ncss,with/nbr�st 1h�reon,wh/ch may hwstofoi�hav�bHn o�hN�e/ta b��dvanc�d by
<br /> �, B�n�Nclary to Tiusto►oi�iwto�'s iucceuor In lnta�at o►dd�,
<br /> •i �N of whlch!s h�rrina/t�r coll�cUvdy e�l/�d tA� 7nd�btsdnus;Trwtoi ln�voc�bly ynnh�nd bina/�ra to TiwtN.!n hust.W17N PO W�4 OF
<br /> S,ALE,th�folMowlny d�,td/b�d propsrty:
<br /> 8se l�ttmoh�d 8xhibit "A°
<br /> top�tha with(I1 NI b�Adlnps atruotwu,�ddldoiu,snl�rpsmsnts,moditicedona,ispalra,i�p/scwn�r►M,�nd lmprowm�nts naw w h�nMhr
<br /> bcat�d th�non,Oil N/�qWpmrnt,m�ehlnwy�nd Nxtwwi f/nc/udln�,wRhout Nmit�tlon,alJ HyABny,hNNny,wndlitk►y,coaYny,atr cond�da►lnpr,
<br /> � apdnkHny and p/wnOiny Nxttu�s,w�tw end powwsystuns,�np/n�s,boilara,r�npW ovNU dbAwuh�n,mJrrora and mmtNv,csrprdhy,
<br /> � tumina,oll bum�ra,�l•v�rora.nd moto�a�efilprr�don pl�nts or unita,commun/c�Non ayst�rnt, dymamos.hynafb►m�►s.�NcblcN pt�pma►t.
<br /> ' irorm�nd sciMn winabwa,doom,�wntays�nd ahada/now oi h�r�dt�r�ttach�d to,or Dui/t In,�ny OWld/ny dmpov�m�nt a/mprovenfmt
<br /> now w h�ka bc�hd th�non,flll)u/susmenta Md ilyhts oI wey�ppwf�n�n[th�rsta,IivJ u//�urhold�tnn,rJpht,Nt/i and intevwt of
<br /> ' Trustor/n�nd to�I!lasss,wh�th�r now or hrndtor�x/sNny o�Mt�red lnto(lncludlny,wfthout/!mlt�t/on,N/cuh erd a�curity d�poslts,
<br /> , �dv�ncs nnt�la Md d�poslta or paymrr►ta of s almJ/�rn�tursl,petdniny th�r�to, IvJ N!rents,iisua,profits�nd/ncorn�th�nfrom fauDpot M
<br /> � th�dpht of Trwror to m/l�ct�nd�ppty auch iMp,isauas,p�oflta and/ncoms u th�y b�com�du��nd payabl�ao lonp as no�vMt of ddsuJt
<br /> ; IX1GlJ hM1UfldMl,fv11 N/roy�/Nu,minw�l,op and pu r/phts�nd prollta,w�t�r,w�tN ily6tt,Md w�t�r ttock,(vNJ N�tlnMnlnts,
<br /> hN�dNuna►ts,pdvllsy�s�nd�ppurt�n�ncea belonp/ap,used or sn�oyed/n coan�ctlon thonwltA,�nd fvilp d/p+�cNd+o/ronv�ralon,vo/untsry
<br /> or Inv�ofuntary,of sny o/th�fa��poJnp lnto cuh oi/lquldaf�d c/Nms Unc/udinp,wlthout limit�tlon,proc��ds of/nsw�nc��nd condN►�n�Nori
<br /> . �wardrl,d/o!whlch la h�rNnsNrr colfsctively c�llad th• 'Tiust Prop�rty•.
<br /> TO PR07ECT 7Mf SECflR/TY OF THIS DEED OF TRUST, TRUSTOR COVENANTS ANO AOREES A3 FOLLOW3:
<br /> f.7/W. Tiustor covarsnta,w�nenta�nd�prees with Bsn�Bclary/ts succusors ind aulyns, M�t Tiustoi owns th�riatt Plnpaty h��from a�ny
<br /> prloi/J�n or�ncumbnnc�,thst thls DNd o/Tie�st Is�nd wlll rema/n�valld and�Mo�e�abl�Nmt N�n on the 7iust Prop�►ty that Tiutto��t lta
<br /> �xp�ns�,w!ll pra�►w aur.h dt/��nd wl//mNntoln Ohit D��d of Tiust�s�tliat�nd pa►amount Br►►apon tA�Tiust R+vp�r[y�nd wrW lonwr
<br /> wirnnt�nd d�find M�vaJldiry�nd pdorlry of th�llan hM�ol wpdnat th�c/Mms of M/p�ons rnd p�rtla whornso�v�r. Tiustor,at itr�xp�nr�,
<br /> , wl//c�us�thfi O��d ol TivaL�nd�ach�mmdinMt or auppl�rna►t A�r�to,to b�fi/�d�nd ncard�d u�mortpap�of M�Auat Ohop�rty ki iuch
<br /> mannw�nd!n auch plac��nd w11!bk�aucA�cNon�fn ths opinlon of TrustN m�y b�i�oulr�d by N►y prW�nt or Iutw�l�w in ordn to nwficL
<br /> , malntKn�nd protrct th�N�n ol thls Ond ol Tiust�s th�aun�may b��mMd�d or aupp/u»�nhd hom tim�ro Nm�. 7rattoi wIl/m�k�auch
<br /> funA�r assuianc�o�asurancss to per/sct ita rJtl�ro Ms bwt Propsrt y�s may bs nqulisd b y B�n�Nc/wy Tiwror ha�Dy iNinqulsA�t aYY dpht oI
<br /> dowx�nd homsahad/n wnd to ths Tiust Properry.
<br /> 2.riynr�nt o/Avd�it��e.Tiustor sAil/punctu�lly Qsy ths pr/nclpa/o/�nd/ntNSSt on ths Mdrbt�dn�a,r s�cwral hw�by.
<br /> 3.CaKtmotlsn o/hnprowmenM.Titutor shal/cvmplets in pood end wakm�nllks mmner sny bufldinps,/mprovsm�nts or rspdre rN�Nnp
<br /> th�nto wAlch mty b�b�pun on ths Trust PropNly or cont�mp/at�d b y th�loan�vld�ncvd by th�Not�a�cwsd h�nb y,to pny wh�n dw N!
<br /> costs�nd lfab!/rtiss/ncuirsd thsrsfore,�nd not to psimlt�ny constiueHon/lrn�ps/nst such Tiutt Prop�rty.M M��v�nt construotlon of
<br /> bulldinys,lmprov�mmts or npalro are contemplsted,Trwtor�lsa�yrna�nytAlnp ln thl:ONd of Ti�st ro du contrwy notwltAs[�+raFny;(aJ to
<br /> promptty comm�nc��n y such work and to comp�ts th�propos�d lmprov�rn�nta prompt/y,Ib/!o compl�ts th�ssmr ln�ccord�nc�w/th M�
<br /> pl�ns�nd ap�clBcallon:as�pprovsd by BeneNc/ary, fcl to comply wlth i!!tM brms ol a buNdinp Iban�pr�wn�nt,ff any,b�hvNn Tiu�tor�nd
<br /> BsnsNc/ary,th�tsrms ot whlch as lnrnrponted Mreln by rdiv�nce and mad��pirt h�nol, /dl to Nbw Bsn�ficlay to lnsp�ct Ms Tiust �
<br /> PropNry�t d/Hmss dnriny constiuctlon,�nd(sJ to ieplacs�ny work or maNria/i uns�tlal�ctcary to BM+�f/d�ry wlM/n rhNn f f6/days�k�r
<br /> wdmn notic�/mm Bsn�ticlary olsuch hct.
<br /> N/f711Jt M10 fJ•!6•16?611 Jl NfdR�45xA ONIY
<br /> Paye f of b
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