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200001183
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Last modified
7/20/2017 7:28:10 PM
Creation date
10/20/2005 7:47:51 PM
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DEEDS
Inst Number
200001183
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� � 200001183 <br /> 98. DEFEASANCE AND RECONVEYANCE BY TRUSTEE. Upon the payment andperformence in full of all of the Obligations,Lender will execute and <br /> deliver to GraMor those documeMs that may be required to release this Deed of Trust of record. GraMor shall be respcuisible to pay any costs of <br /> reoorcJation and any recorneyance fee charged by Trustee. Upon written request of Lsnder stating that all sums secured hereby have been paid and upon <br /> suRender of this Deed of Trust and any note to Trustee for cancellation and retention and upon paymern by Lender of Trustee's fees, Trustee ahall <br /> reconvey to Lender,or the person or persons legally eMitled thereto,wfthout warranty,any portion of sald premises then held hereunder. The reatals in <br /> sud�reconveyance of any matters or facts shall be condusive proof of the tMhfulness ihereof. The grarrtee in any reconveyance may be described as^the <br /> peraon or persons legelly entiGed thereto". <br /> 37. CONSTRUCTION LOAN. �This Deed of Trust is a construction mortgage under the Uniform Cortrneraal Code,to secure an obUgation incurred for <br /> the constnxKlon of an improvem� on land,induding the acquisition costs of land. This Deed of Trust secures a construction loan,and it will be subject to <br /> the tertns of a consuuctbn�oan�reemeM belween Grarnor and Lender. My materials,equiprrient or supplies used or iMended for use in the construction, <br /> ���opeff tfo�of the P s are��Wd o such Mracio r shall Prapp�rty,shall also be subject to the lien of this Deed of Trust,and Grarnor, or <br /> fumisFied for such construction��� � Y the loan proceeds to the paymerrt of lawful daims for labor and material <br /> 38. WAIVER OF N0IAESTEAD AND OTHER EXEMPTIONS. Grantor hereby waives all homestead and other exemptions in the Properry to which <br /> GraMor would otherwise be e�titled under any applic�ble law. <br /> 39. JURY TRIAI WAIVER. GRANTOR HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY CIVIL AC710N ARISING OUT OF,OR BASED <br /> UPON,THIS DEED OF TRUST. <br /> 40. ADDITIONAL TERMS: <br /> Grantor aclvwwledges that Grantor has read,understands,and agrees to the terms and conditions of this Deed of Trust,and aclviowledges receipt of an <br /> exad copy of same. <br /> Datedthis 30th dayoBeptember, 1999 <br /> GRANTOR: GRANTOR: <br /> � �� t�� <br /> PSGGY LEA F <br /> GRANTOR: GRANTOR: <br /> GRANTOR: GRANTOR: <br /> GRANTOR: GRANTOR: <br /> NEDOTE Rw.1?�97 Papa 5 d 6 <br />
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