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<br /> � • ' ^� �'�f�� 1lNTiaMR Five Pnints Sat�it. A tiebi�a�.�orporatioa �. . . �' .
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<br /> ;� � :�-�.i;:%; z FORYAI.ElA81.ECONSIDERAT�ON.+►�crud'iigta�b�saxtensio�"dL•.c��L�isi�!`ret�'hlre�nto _ , _ . - - � ._._
<br /> '` CosposatioA � .;.. . •. .. ,.. . � �
<br />. Lutheran CAuscti tplC 1! Religious •Borrower:whe�her atte or more)and the Lrust he�3ir�C�Ae�, � ''`'�'''��
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<br /> . - � t1N ree�ipt qi wMch Is here6y sclatowied�ed.Ttustar het a 0 y t irrevocabty g►ants.transters.comeya anA assigas e����.- � �.:�_�
<br /> = TRUST.NffTHPOWEROFSAL�tathebenefitanAaecuritYotLender,unde►andsubjedWl�etertnsandconGiti�onshereirrat�� , ;:.u`.r
<br />';i' r ioN�.1M rMl propah.daatxibsd as toilOws � . "� ., : .,; .
<br />��' , � Lots �ro �ndred Porty—aitte t2�91 Tuo HatWsed Pifty t250)s qtro Hundtcecl Pifty—ot�e.:6�5r��,�.; : . "��t'�:� c
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<br /> ' 1�to Randsed Pitty �+v �252). 'iwo Bundted Fffty—Thses �253). �ro Ettutdted Fifty—���.C��`',� .. ;'�;!.:•:,
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<br /> �� : arzd Zt+o HnnBred Pi�ty,f3ve �2�5I• i� iteet Lawu, d11 1►dd�tloll to th@ Clty of G1CdRC� �IC�S�3�a � . ''. �" , f:��:��: '
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<br /> �1�i�r i�i�a 1 1 y e f 1 1 d i�improvement�.flxtu�es.streets.atteya,passagewaYS.easemeats,rlghta.P�ivilepes a�d apD�� '��`
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<br /> �. �nces Iocale0 the�reon�ar irta:�ywlse pectelning thereto,and the rents,issues and proGts,reversion9 and�emainders thereol,�f f
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<br /> sw�fi peisont)propest�r�'tftet.l�a'�ached to tt�improvemeats so as to coast+tute a fixture,inciuding,but not iimited to,heatlny and `�� '.��-
<br /> • � �eodinp equlpmenx�nd tagr�h�r with the homestea0 or marital interests,if any,whicb interests are hereby�efeased and watved:all • � �`' •
<br /> � ol whicN.incluclirtp reptacemenb and additions thereto,is�ereby dectarea to be a paN of the reat estate secured by the lien ol this
<br /> �. ONO of Trust aoA ail ot the fore�oing beiny re►erred ro herein as the"Property'. ,.r;�
<br /> �. This Qeed ot Trost sha11 secure(a)the payment o1 ihe princtpal sum and interest evidenced by a promissory note or eredit � ;r�;';:��-
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<br /> • Januasy 11. t991 Jarnufry 1L 2001 . , s�s:�:�;��:
<br /> '" syrsement ddsd ,having a maturity date of - ,
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<br /> { in the orl�inal prin�ipal amount o1 S �5.000.00 ,and arry an0 aU modifications,extertsfRns ats►3 renewats '.�;;�; ":, � .
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<br /> i lhersot or Mereto and any and al!future advances and��eadva�ces tm Barrower(or any oi them�f mCre�fiah:f;h�#�hereundet � �;••�.. -!i;;;�..,
<br /> � Ou�110 one or more promissory notes or credit agreemeats(hereir�a�ned"Nate"l:lb?the PaYa?�'of;a�fi�a's�n�ri#�vanced.b�; • � . � ` . '. .
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<br /> Lendertaprotsettheaeeuri oftheNote;(e)thepeAormancaofat►covarlanlsan0a reemenqotT�urs�.tl�iri��ii��:ana(�1all ••• �.��r °�-�•
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<br /> ' pr�tand tuturs irtdabteAnesa artd obliyatlona of Borrowei�or any of them if more than one)to LF+sd'er;wliellp:i�dlti.�indireC� � � ��!:,,;���•,.,
<br />' ' ' . sbsWub or Contingen!end wheTher arlsing by note,gua►anty.overdratt orotherwise.The Nofe,this�d:cYTrUSf:�tld��ny end ell � � �'.' ;. '
<br /> ohe►QOCUenbtAateeCUrslheNOtsorotherwlseexecutedinconnecUontherewlffi,inetudingwHhout,linri3atictiT�uat�nl�l.securlty � �,�;:., ,
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<br /> ,;,z,.,,;,.., s�nemenb anQ assi�nmenb ol leases and rents,shalt be�eferred to herein as the"I.oan tn9tnimaa115: ,.,:;t•;.;,��; .. .
<br /> •'.;,:;;•_ TivaWr coYenanb and a rees wlth Lender a�followa: . . `",:�'-`r,
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<br /> . t.PaY�N d Ind�6Udn��.Al11nQeQtednesa aecured hereby s�`�a�1t bo paid when due. ;�•';{•.-•�.�`:
<br /> 2.Tlw.Truator is the ow�er ot the M1�rcaperty.has the rigM an6�athority to ca�nvey,the Prop�rlY:and wanants that Ihe tien �•;,: '"` ':'F"t'f`
<br /> � Cteate0 her4by Is�Qrst ar[d p�lOt Ueer¢�r lt�e PrOpertyl.excepf(or Aeira and erteuiiTls��nces Set tvrtb by Trustor in writinp and �':5�.;: I� .
<br /> QeliveradtoLenderbetori���onotl�r�sOeedofTrust,andtheexecuflonanea�tiv�r�oitnis0eedofTrustdoes�otvlotateany ,.,:���•�
<br /> � aorKraot or othe►obUQaUair tti'whtet�Tni�tttr Is subJeet. " , . 4'
<br /> � 3.Tan��1�.To pay befar�d'efmquency alt taxes,spc�a#�assessments and a1t other cha�9es a�ainst the PropeRy; ' • .. �',��`•.'
<br /> .. tww or he►eafflerle,rled. .•';'
<br /> ,; 4.6�rwic�.TokeepthePropertyinsuredagalnstdama8obytire;►sszar49inc1udedwithiMheterm"extendedcove►age.and ,
<br /> (,�•, , sucb alher husrd!e!Lender may�equlre,in amounts and wiih�oinpan��y acceptabie to�ender,naming LenQer as an aQditbnal '
<br /> ,1� "•+. : � hemdd insurell,wilN IOS!payabte to the LertQer.M case ot Ibss un�er SccCh pplicie9,th8 L@OAB�i9 BUthO111Q0 LO 8d�t15�COIIQCt BIId � �
<br /> ` �`. :�%`� '� ���`�� i �mDroml�eallCtaimlthe►eunderandshallhavatheopUancf'applym alfor0drlohhelnSUranCeprqCeeQsGftvanyrindeptadnes! �
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<br /> �•"• •` �'•-•:�� ��?�'•.`�::�yv���;� 'se�tu�ldherel�y�andiesuChorderalLendermaydetermine:(iiJfeslfi�TvstOrtob9usedtorlhetepairor�eStOre�onoftheProperty �
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<br /> . �, : ;s�_1r;,,�.,Y�r��::.- , fla(Ilqlbrri,t�o1lterpurpo�eorobjeclaa6�fattorytolenderwflhqutalf�ci9ngtheii0nolthi�0eeea[Uustforthefu�tamountsetured
<br /> :,•; i , yt. i•,ij••L\,al. , � 11@18� Y {3 P Q}6fletitedve
<br /> . ,��, ,��,,.,y , . ,,;�,,.:,: , y fseC�►s�such payment ever took plaee.M appllcatiort nt rocegds to irtdebfedness st�all not extend ar os ,
<br /> ;�,�; h.;;<<, ' �' � d611�d1eny paymenb under the Note,or cure arty QefaWt tAereunder or hereanQer.
<br /> ;;�t ,4+�;� ' ' j 5.Efeta�.Upon wdKendemand by�ander.Trustar shalt pay to F.ende►,fn sucF►manner as Lender may deslgnate,sutficient �
<br /> " ti��- �� � sumsbanfbbLendertopiya�theybecome0ueoneormoreatthetatlawing:(1)alttsxes,assessmentsandotherchargesagairtst ;
<br /> � � � � th�P�ope�ty,pi)lhe premiums on the proparty lnsuranca�e utred'hereunder,and' h tfla remiums nn an mart �
<br /> `�. . . . ' ! requtre0 by lender. 4 p ) p Y 9�Se insurance
<br /> �# � 6.MiMIYnlne�,R�pilr�and CompYan���rHh LawL Trustot ahall keep the Property in godd eandition and repair,Sh�ll
<br /> prompdy repatr,or�eptaee any improveme�t whleb may 6a dama�e0 ar destrayed;shsSl not cammR ar{�ermtt any wasb or
<br /> •�� a deleri0ratlon of tl�e P�opertyr,sh�ll not�emove dema`�h�t substanUalty aKe�arty af tl�improvement!on the Property,sh111 not � '
<br /> eammits�Akrdrpermitanya�Cttobsdoneinortiponthei►�opertyinvlotationofanytaw.otdinsnCe wtepulatiutkandshaHpayatfd
<br /> ` prpnptly eN�cfiupe at 7rultor'!to31 in0�apertse al!tiens,eneumbranee�and char�fevied impo�d en assessed a�airut the
<br /> �� � . �►�h��RsM tltare0l. • .
<br /> �_ . _ � ' ?.E�M Qas�Lender is hereby esslgntd alt cnmpen�tion,award�,damage!and other paymenb ar reliel(heeeinafl�er
<br /> . .
<br /> -- .__._.-_.-:._�:._::_.._.. . -�����AEd�ifltBdAwiBfCoflQbmni6otioro8�ertakin otthePr br erltheteol ortoreanv � . . - -- � ' .� ._
<br /> " .. '� p aperty p eyaneeinfeuofeondemna�
<br /> .� . tion.Lander shalf Qs enNtled at tb eptlon to eommenee,appe��in and prq�e�CUte in ib own aame eny acGOn ar pracee0in�.s.anQ
<br /> � • lh�lt abo bs entifted to make ar�t compromise ar setttemen!lrt eartnec�on with such�king o►•dunaige.fn tfb eveM anfporfton at ,
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