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DEED OF TRUST Page 2
<br />(Continued)
<br />Deed of Trust. The words "Deed ct Trust' mean this Deed of Trust among Grantor, Lander and Trustee. Of
<br />Grr storm The word "Grantor" means anv and all vet one andu5tt only executing end conveyonat Grantors �ntaerrgst nn trio ipeal Ptroperty and rtq grant
<br />d sa not sign the Credit Ago is interest is Sinn he Per oral of
<br />Y 9
<br />a ,ecunty interest in Gran :pr's interest .n the Personal Property to Lender and Is not personally liagle under the Credit Agreement exMI At
<br />otr.erwrse provided by contract or taw.
<br />improvements. The were "lmprpvemeni5" means and includes without limitation all eaysting and future Improvements, fUitUfgs, buildings.
<br />structures. ^ ts. homes aY.xe. cn 1 ^e Real Peppery. ' ic;''!'es, additions and other construction on the Real Property.
<br />the Credit Agreement and any amounts expended or
<br />Indebtedness. The word '"Ceplecness' means all principal and interest payable under
<br />n
<br />adranceC by Lender t0 discharge Cbr.ga!ions.of Grantor or expenses Incurred by. Trustee or Lender to enforce obligations of Grantor under this
<br />secures arrevol ing line of cried t, whi h obligates Lender Otodmake advannccees to Grantor so as Grantor compiles wti alt the terms a
<br />tae Credit Agreement. Such advances may ix made, repaid, and remade from time 10 time, subject to Cie itmltatlon fiat the total
<br />outstanding balance awing at rimy one time, not including finance charges on such balance at a fixed or variable rate or sum as provided
<br />g g touter nmq,
<br />In the Credit Agreement, any temporary overages, other charges, and any amounts expended or advanced as provided In this paragraph,
<br />shall not exceed the Credit Limit as provided In the Credit Agreement. Notwtthstanciln the amount outstandln at any part
<br />this Deed of Trust secures the total Credit Agreement amount shown above. The unpaid balance Of the revolving line of credit may at terminate Lender's
<br />obligation times be lower than
<br />taht a no rnt now., reftlrDr the rplen of zero
<br />S Deed of Trust will remain In full force and tttectrnotwithstanding any
<br />X{p pafance.
<br />Let-SC. The word "..case" means arty lease between urantCr and the 'Lasser of the Property.
<br />Lr_nCer. The wcrC de� means NAF0`1 NE Federal Credit :anion. its sucr!es5ors dnd azsigns.
<br />Pernonal PrtlperTy. The words -Personal Property" mean all equipment, fixtures• and other articles of personal proper/ now or here8tter Owned
<br />by Gran!, r, and new or hares` er erso al or af5xed rn the peal droperh; tog with all accessions, pars, and additions to. an rWlacements of,
<br />and ad substitutions tar, any of Such property: and together with all proceeds (including without limitation all insurance proceeds and refund Of
<br />premiun^,3) from any sale Or other d :spc5ition of the Property.
<br />Property. The word 'property" means coilecnvely the Rea! Property and the Personal Property.
<br />Recd Prppicrty. The words 'Real Proper^/' mean the property, Interests and rights descnbed above in the "Conveyance and Grant' swtOm-
<br />Reiated Documents. The words r.-!-eialed. Documents" mean and include without limitation all promissory notes, w rediiAgreements. ereaoan now
<br />agreements. guaranties. security agreements, mcr.garges, deeds of trust, and all nth @r tnstrum@ntS and documents,
<br />ax,,sting, executed in Connection with Granter's Indebtedness t0 Lender.
<br />Trustee. The word rustee' meads the entity shown at the top of page one of this Deed of Trust. t PAYMENT OF THE DEED' OF TRUST AND, IF ANY, A SECURITY INTEREST IN THE PERSONAL PROPERTY, IS GIVEN TO SECURE ( )
<br />INDEBTEDNESS AN DOCUMENTS, ( AN PERFORMANCE S GEED OF TRUST. TRUST. THIS DEED OF TRt�STLIS GIVEN OF ND ACCEPTED ON THE FOLLOWING TERMS: T11Le
<br />aFa. A
<br />3• PAYMENT AND PERFORMANCE. except as otherwise provided in this Deed of Trust, Grantor shall pay to Lender all amounts secured a this
<br />Deed of Trust as they became due, and small Strirtly and in a timely manner perform all Of Grantor's obligations under the LOANLINER® Home Equt1Y
<br />plan Cretin Agreement and this Deed of Trust.
<br />a. POSSESSION AND MAINTENANCE OF THE PROPERTY, Grantor agrees that Grantor's possession and use of the prop" ty shall be governed by
<br />!}1e tcilpwtrNy prov'slons:
<br />Possession and Use. until the occurrence of art Evert of Default, Grantor may (a) remain in possession and control of the Property' b tom•
<br />operate or manage the property, and (c) collect any Rents from the Properly.
<br />Duty to Maintain. Grantor small maintain the Property in tenantable condition and promptly perform all repairs end maintenance necessary to
<br />presxerie Its value:
<br />G-la.- xrCOUS �ubstan ^_Cs. Granter raoresenis and warrants that the Property never has been, and never �,�" be so long as this Deed of rtA51
<br />rmairs a lion or. the Prope ry, used !cr !rte generation, manufacture. storage, treatment, disposal. release CK !nr@atened release of any f 19W. oix
<br />waste cr substance. as !nose lerwis are c �w� !tnehe mpertundiAmehdments And ReauthoMizalionmACt ( SAAA )nape cat) state frN Faders
<br />acne, -ICed, 42 L'.S.G. Section 5EA1, et sag. (" �, ),
<br />laws. cr ragula ices adopted Pursuant to any of the foregoing. Grantor authonM Lender and its agents to enter upon the Property r make such
<br />,nsperhens antl rests as Lender may deem approprate In Cerermtne compliance of trip Property with this section of the Deed pt Trust. Grantor
<br />Uanvr c' un er anYnauC7 ewe are future (b agrees aoendemn�ty anCrnold harmless Lender against any Ind Alllclaims and losses �!ting rfrp a
<br />Crr,aC ^. ct!n, paragraph at the Creed of Trust. This obligation to indemnify smart survive the payment of the Indebtedness and the SatlsfacUdn Of
<br />in-S Cr3-3d of Trust.
<br />Hulsnnce, Waste. Grantor small not cause, conduct or permit any nuisance mar commit, permit, or sutler Any stripping of or waste on or to the
<br />Pepper y
<br />or any poi iori a1 the Property. Spectfical!y 'Without limitation, Grarlr,r will not remove, or grant to Any Other party the right to (emove, any
<br />rlmarr, minerals iinciuding oil r
<br />a.0 bas), sod, gravel or rock products without the prior written consent of Lgntler.
<br />Lender's Right to 'Enter, Lender and its agents and representatives may enter upon the Real Property at all reasonable bm" to attend to
<br />Lancer's 'micro -s ;and to inspect Ine Property for purposes of Grantor'S compliance with the terms and condthons of this Deed at Trust.
<br />Co mpitance with Governmental Requirements. Grantor shall promptly comply with all taws, ordlnarK , and such requianan of a17
<br />c regulation and
<br />w,mmo cetcnpp'iance duritng any procaadingnincludinq approonat appeals s0 longtastGrantor has tnolif oil Lender in wnfing prior to doing so and
<br />;a !c. , as Lender's in!e +ests in the Property are not )eopardiLvd. Lender may require Grantor t0 post edgquate security a a surety bend,
<br />N.t crahiy szt,Sfaclory 10 Lender, !o protect Lender's interest,
<br />Duty to Prolect. Grantor agrees neither to abandon nor leave unattended the Progeny. Grantor shall do all other arts, in addition to those Acts
<br />t rartn above .n leis ;<x non, wmicm ram the cnaracter ai'd use of the Property are re
<br />ASOnpbIY necessary io protect and preserve the Property.
<br />S. DDMFr�IAN!..'E WITH Lt:ASE, If !n7rE� is a t.•fr1s9 Or" !h0 rUPertY. Grantor will pay All rents And will Stmotiy abSarve and perform 0h A nmeiY basis all
<br />".fir ,�'7'nanii��• ".. erC .7rdi!�7n5 J' the �_oase rlranlor hJr!r1e, a5rW15 (a) not Ill SurrCndR /, termiriale. Or c.1r+CW) Inver Lrsa:�e. and ib) not .0
<br />,,..'•1 Mc .•tit1!p ,n Inr} P,cr,gny
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