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� 2000U1133 .xfa. DEFEASANCE/�ND RECONVEYA�dt;E:!3Y TRUSTF�. Upon ihe payn�nt and performance in full of all oi the Obligations,Lender will execule and cieliver to Grantor ihose documents tliat may be reyuired lo release this Deed �f Tn�st of !ecord. Gramor shai! be responsible to pay any costs of r�cordaiion and any reconveyance fee charged k�y Trustee. Upon written reyuesl ui Lender stating thai all sums secured hereby have been paid and upon sur!-ender of this Deed of Trust and any note io Trustee for cancellation anc� reteriiion and u�on payment by Lendei- of Trustee's fees, Trustee shall r.�convey to L.ender, or the person or persens le�ally entitled ihereto,withaut warranty, any porlion of said premises then held hereunder. The recitals in such reconveyance of any rr�tt�rs�r facts shall be conclusive proof of ihe iruthfulness thereof. The grantee in any reconveyance may be described as"the r�erson or persons leyally entit!ed iherelo". 27. CONSTRUCTION LOAN. � I This Deed of Trust is a consiruction mortgage under ihe Uniform Commercial Code,to secure an obligation incurred for ihe consiruction of an improveiiient on ianrJ,includin,y ihe ac.quisition costs of land. This�eed of Trust secures a consiruction loan,and it will be subject to !he lerms of a construction loan agreenx�nt between Grantor and Lendee Any rrk�terials,equipment or supplies used or in�ended for use in the consiruction, ciew�lopnienl, or operalion of the P!operty. whether stored on or��if the Propenv, shail also be subjeci to ihe lien of this Deed of Trust, and Grantor, or Grantor's contractor if loan proc;eeds are paid io such coniraclor, sP�all apply the loan p!oceeds to the payment of lawful daims for labor and material ?urnished for such construciiori 38. WAIVER OF HOMESTEAD ANU �TNER EXEMPT101NS. Uraritor I�erel��,. �vaives all homestead and otlier exemptions in thie Property to which Grantor would otherwise be eniilled imder any apnlicable law. 39. JURV TRIAL WAIVER. GRANTOR HEREBY INAIVES ANY RlGHT TQ TRIlAI_BY JURY IN ANY CIVIL ACTION ARISING OUT OF,OR BASED UPON,THIS nEED OF TRUST. 40. ADDITIONAL TERMS: Grantor acknowledges that Grantor has read, understands, and ayrees to the tern�s and canditions of this Deed of Trusi,and acknowledges receipt of an ; exact copy of sa��ne. � � Datedthis 8th dayo(Februar.y, 2000 __. _ _ _ . cFa�nNT cRnr�roc�: l ' J _ _ _ _ __ __ ___ - 'PRQY OZTS r;�arvrc,H: ��in.ra�or�: _ __ _ _� ��c�,� __ _ _ _ .__ _ _ -- _ ___ _ __ __ ___---- KATHERYN F NOZISKA GRANTOA: GF?L;N fJH: GRANTOR: GR��fS i 04�: ...-..,.r.- �,_.. .,,�,. �_....�,.��