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<br /> � � ° . � , . . � pEEQ OF TR118'E WiTH F1ITURE AOVANCEB . . . .. .� � s � �`� �� ��:
<br /> : � . .. ' :.t ' � 11isC� t� 91 bY anQ�anmr0 � � - .''r�-� '�
<br />- � � �-==F ` - � THlS OEED OF TRUST.N m�u M�s � day W - __ - 5=-_-- - --_�r-=<`�'�',
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<br /> � � :,:`_ -�::# _wnat n�NF�Q,dd�wsis .�.� .d..,,.. �eu..o� �_rr�,�m� � �f�nerNn�"i�or.°w�one a nar�.r.. �- - . .- -. . .
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<br /> -- � wha.m�ilMO.ddraa�s �•a Ho: :srr arand I.�,sud. � r�2 (ner.ln�Truste.'�..nd f:
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<br /> Bfv� Pointa 6�ntc ' , ,�;
<br /> �' � . ,� t���Y• P O Be�r 15� r...d i.i�nd YE 68ei2-15�7 (herein"Lender?. � , '�.
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<br /> ; whoes mailing addtess is , ;f;�.,�
<br /> � . . JAC[ A. LIRJ! r . _'
<br /> ._. ... "..J. FQE�.VAI.LIABLE CANSIDEE�A7tON,inc(uding Lender'�extenslo�of credit identitied herein to .. . , �� �
<br /> � - :.. . . . - � � wern Lee and Penny ` � „ ` . �`� ' �
<br /> 1 Iti L1Tg � Stumeenherst (herein"Borrower",whefher one or more)and the trust herein created, ; ;:����;�,:
<br /> '' -� tlte roceipt of which.ia here6y acknowledged.Trustar hereby iRevocaWy grants transfers.conveys 2r�d assigns ta Truatee.tN '' ' . . . , �::;i;�":
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<br /> � 7RU8T WITkIPOYYEROFS/1lQtartbebene(itan�securltyoft.ender.urederandsubjecttothetermsarzdc�iGonsfiereinaiterset , ., 'yf!.�.�.r.��; '
<br /> . reDl p[Operty desCtibed 88 follaws: � : )`�:`�`;`;i
<br /> ::?:-. . �FOptt t�) �Mi�S?Ett]! UEILiH'IS SECOIiD SUHDI91SI011 HALL COLiI[7'!. ![E8, ; ,':'�'�: ' . ;����''S;� �
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<br /> • � Together wlttR afL 6uildings.imprwemen�(txtures,streets.aiteys.pass�eways.easements.rigE-i�.Cr•��vileges aad appurte- . � • . :.sr:;" :
<br /> • '� nartces tocateQ�aecsa'n or in anywfae pertaintrr�ihereto,and the rents,issue's and profits,reversian9 ar*�r„snainde►s thereal.and :?,p,,., :
<br /> � :c `. "� suCfo p�sanaf prc�rty that la attache d to t he im�rovemen t s saas t n cons:i t u t e a fl x t ure,iactuAin g,but na':Irmited to,heaU�g and . ;:.� .(
<br /> �� � � .t Coo�Mg equipmeratand together with the home5'�d or maritat interests,if2t°�l.which iaterests are here��oz�ased and watveQ;atl �.:';;,
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<br /> � oi whieh.inetu�tc�g�ytacements and additioc�s tna:�r�,ls hereby dectare�ta�e a part of the�eal estate sa:.J►ed by Ihe Be�ot this -.�.,
<br /> • � • � �' Oeed of Trust and a�.oi the toregoing befng re're,Me�fa herein as the"Prespa�y.• �. :;.Y-�'�` :�
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<br /> � �r ' ��''' This Oeed oi.Tn;sst shall secare(a)the�a�nt ot the principa{sum ead interest er.denced�ya�r�missory note or credit ``��f't.
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<br /> ":`'``':l�•;�` :;�•; '; • w�,, s .aar .haWn a inaturl date at• �y '�-• i99t � �.
<br /> ... '��;;';��� agcesmenfdated 9 �Y 9� . ,,,<:
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<br /> ' � � . ,;-;,�� in the p�iginal princt�iai amount b!S 441.�d1A ,and any and 2"�-����s�tF�s,�aions and renewals , � � �
<br /> � , � thereol or thereto and 8ny 8na ail future advr�ces and readvaoces t�Borrowe�(or a??fc�f f.Nsri:it,��r�,9ttan one)hereunder �i`'Y�':;
<br /> :� � purauaat to one or more promissqry natea ar ciedit agreements(herein catted"NOte"Y(���'�°payment aY other suma anlvane,ed by •.
<br /> ° ��;�� , Lender to qrotact the security ot the Note;(c)the performanceof all covenants and agreeme�is ot T�ustor set faAh herein;�a��(d)ail
<br /> ' present aed fulure iftdebtednes�and obligatia:ss o1 Bonower(or any of them i{more than one)to LenCer whelher direck lndi�ect, . .
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<br /> <•;:..•.; ;�5;;; absotute or conttnge�il and whether adsing py��te,guaranty,overdrafl oc 6i�rWlse.The Nota,this Dee�of Tru9t and any and all � `}:
<br /> -• •,��s�._� otherdecuenlsthat�uretheNoteorotherwiseexecutedlnconnectionlhe+�yvilh.inGudingwltboutlimit�F;�nguarante�,securiry "'�''', '
<br /> , � . � � '`,�:t�:; . agreement�and�assignmenta a!leasea artd�ents.shatl be referred to herein ae the"Eoan Insdumenis°: • .
<br /> ' � �� �'-�-'••' T�uator covenants and agrees wUh LenQ�r 8s toltows: � , ,�� �;;,
<br /> � �'''���-`�`� '�`'' 1. Rsy�.n�a ina.tiadn..�.atl Indebt'eQnesa secured hereby shatl be paid when due. � °i r;•;,��.!;>�.� •
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<br /> 2.TiM�Trosto�ie tbe owner of the Pro�e�ty,has the rfght and authority to convey the Proper!+f:;�nd warram�thaf the tien � ` ` ` o-;_
<br /> � � � '�`�:'""''� created hereb ia a Nrst and prlor lien o�thg�ra e exce t tor Ilens and encumbrances set tvsL�+� Trustor in writln and `� ):;;
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<br /> , !�:;"i_� delivered ta lender belore execution ai this Q�es�af Trust,and ihe execution and dellvery ot thia Op2w O:t��st d0es not violate any '.
<br /> , - , ;�.� contrAat or�attler�obligatton to which;Trayt�'rs��b(ecL •
<br /> � 3.Taxss.A�m�nb.T3 pay Cse�er�d9llnQuency all taxea,special assesaments anQ aU ct�ei e+r2►:�es against tlte p�aperty �'�;�'
<br /> � � ` now or�fte�eaHer levled: .. . . ° . . .
<br /> � � ' 4: Itnwraece To keep the Prope�ry inaur�d agalnst damage by Ilre,hazafds includeQ w�thin the te�m'�extended coverage",and! �� �•`
<br /> � . . �• auch olher,Nazard�bs LenQer may require.��amaunts and wlih companie��eptahte to 6ender,namra��LenQer as an additlonal
<br /> � : . ' rtamed ineuted,wlth fass payablH to tNe LenQer.In case of lo�s under such Foncies,ihe Lende�iA suthorized to adjus�wllect and
<br /> ' campromiee,all cl8ima thereunder�and shal)Itave the option ot applying all or part of the insurance proceed9(i)to any indebtedaegs
<br /> . : ; ' } aecured hereby and 1n aucM ordaras Lender may determine.(ii)tathe Trugtor fu be used tor the repair cr reatorauen of the P�operty
<br /> > f• f ar(iii)tor any other purpose or ohJect saHslactory to Lender without affecting the Nen o1 this Deed ol Tru�1 tar fhe lull amount aecured
<br /> , ; hereby before sucb payment ever toak place.Any application vt proceeds to lndebtedrtess sha11 rtot extend or postpone the due
<br /> dats ot any payments under tlte Note,or cure any detgult thereunde�or hereurtder.
<br /> S. Etero�r.Upon wtllten demand by Lender,Trustor shall pay to Lender,in such mannei t�s Lender may de9ignqte,suNlcient
<br /> auma to enable Lender to pay aelltey became due on�or mo�e of the toltowing(�)a11 taxes,assessment9 and othtlr Cltarge�against
<br /> tNe Ptoperty,(ii)tNe premiuttts an tFfe praperty lnsuranae required hereunder,and(iii)fhe premiums on any mortgage insurartcH ',
<br /> � -- requlred�by.L'eader. - -
<br /> � 8. MMntinana�,R�paits and�Compllana�wiUt Law�Truator shatl keep the Property in good cunditiun and repgir•.shall•
<br /> promptly�tepalr,Qr replace any lmprovement�which may b�damaged or deatroyed;shall�not�commit or permif any wasfe ar
<br /> ','�� ' ' d�faravratiare oftts�PropeKy;shall rta1 remave.Ceanqtisjs e�K suastantiatty al!sr any ot the impravemen�an the Property;stfell rtat
<br /> _ ,: � comml�sufterQr-p�ermitactytacstoaodorteiroar�aa�tei��pertyinviota2�a��t�anytaw.ordtnance.orregufatlon:andshatipayand
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<br /> •�:;•y}�,��4 Promptly dischargg�Taia5i6r`��"StlQ�Xp�+15°ait 11�Jii��n�sshES�a�i"�3a�^�CNar�fevi8d;impasad or aasessed a9ainat th�
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<br /> . ..�. .:•t::. ::�..:,, .�".,_�� T. E���endetlsE�Blei��I�95i�ced all tnmpecs�tior�,�.�;¢.dama�san�o�h�c�3yments or iellet(hereiaatter .
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<br /> i .. `� � Uon.Lenden sNa1f he eMitted at ita opNun t�cQmmertce.gppear in ars��ir,rsecute in its own name ang�eNon or proceedings,and -
<br /> ahall al�a tle enHUed to tnake any compromise or settlemeM In eonnecuar°wlth such taking or damage.M the evenf any portion ot � �
<br /> � _ _ tMe3uktUw�w�war++rauxR«.�mas. _. _ , f . __ _
<br /> , " 1{ItfMlYNrIM�rdCemnraLunanlSw�ndAireewiacune�NMrau � . . .
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