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201400400
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Last modified
8/19/2014 2:25:24 PM
Creation date
1/23/2014 3:16:30 PM
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DEEDS
Inst Number
201400400
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201400400 <br />Mortgaged Property and rights so sold and for that purpose Lender or Deed of Trust Trustee (as <br />directed by Lender) may execute all necessary instruments of conveyance, assignment and <br />transfer, and may substitute one or more persons with like power, Borrower hereby ratifying and <br />confirming all that its said attorney or such substitute or substitutes shall lawfully do by virtue <br />hereof. Any such sale or sales made under or by virtue of this paragraph shall operate to divest <br />all the estate, right, title, interest, claim and demand whatsoever, whether at law or in equity, of <br />Borrower in and to the properties and rights so sold, and shall be a perpetual bar both at law and <br />in equity against Borrower and against any and all persons claiming or who may claim the same, <br />or any part thereof from, through or under Borrower, Deed of Trust Trustee shall not exercise <br />the power of attorney set forth herein except as directed by Lender to do so in writing. <br />(f) Upon any sale made under or by virtue of this paragraph, Lender may bid for and acquire <br />the Mortgaged Property or any part thereof and in lieu of paying cash therefor may make <br />settlement for the purchase price by crediting upon the Debt the net sales price after deducting <br />therefrom the expenses of the sale and costs of the action and any other sums which Lender is <br />authorized to deduct under this Security Instrument. <br />(g) No recovery of any judgment by Lender and no levy of an execution under any judgment <br />upon the Mortgaged Property or upon any other property of Borrower shall affect in any manner <br />or to any extent the lien of this Security Instrument upon the Mortgaged Property or any part <br />thereof, or any liens, rights, powers or remedies of either Deed of Trust Trustee or Lender, but <br />such liens, rights, powers and remedies of Deed of Trust Trustee or Lender shall continue <br />unimpaired as before. <br />7. Paragraph 27 of this Security Instrument is hereby amended to hereby add the <br />following to the end of the paragraph: <br />"Portions of the Mortgaged Property are goods which are or are to become fixtures to the <br />Premises and Borrower covenants and agrees that the filing of this Security Instrument in the real <br />estate records of the county where the Premises is located shall also operate from the time of <br />filing as a fixture filing in accordance with the West Virginia Uniform Commercial Code." <br />8. Lender or Deed of Trust Trustee shall provide notice of any foreclosure sale under <br />this Security Instrument in accordance with W. Va. Code §38 -1 -4, and no other notice shall be <br />required. <br />9. This Security Instrument is a fixture filing. <br />10. This Security Instrument is intended to be a credit line deed of trust within the <br />meaning of W. Va. Code §38 -1 -14. All advances, made at the time of recording hereof or to be <br />made in the future, are secured by this Security Instrument as if made on the date of recording <br />hereof. However, the aggregate maximum principal amount of the indebtedness secured <br />hereunder at any one time outstanding shall not exceed the sum of the Loan Amount set forth on <br />Schedule A hereto. The future advances secured hereunder are the obligatory readvances of <br />principal which may be made pursuant to paragraph 19 of the Security Instrument. The address <br />
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