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<br /> , - -.- _ . py 1ht Tru�witl�otst a�ll I��P��•TrusEOr rppresenb and warrants that tfiis acknowisdpers�srs!+�+as exacuMd by _ i .. ,�.� :
<br /> . , `� ? , Tivaur b�lore ths execulbn d fhe Deed ot Tnai i , .
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<br />""% : w��ir��aaa��+�P o aox 1507 Grand Islaiid� ssso2�r � m��+�Me��: - - ���. --- --—;
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<br /> , FOEi VAWABLE CON3IDERATION,inctudin9 ten�ers extenaionol credit idenUtied he'retn to 9 •
<br /> `� ' :',:.:..Y,r:; , (hereln"Borri�wer",whether one ar more�and the uust herein created. . � _
<br /> • , •..4�::,�..��, ,the r4ce+pR o€,which is heteby ackrtawfedged.Trustor hereby irrevoca('efy grants,transters,conveys and assigns to Trustee.IN .
<br /> � .•'. :r. , ;<<, . �{�y�H�WERpFSAtE.farthebenet'itandsecuriryolLender,JnGerandsubjecttothetermsandr.onditionshe�einafterset
<br /> �; ;:;;��F. • . ,. . . foRns;G±e rea!ATaPeny,desca'�d as tottowx _ . '� ' •
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<br /> i. � . • ..Togefh�.r�+witt�all buildings.Improvements.ilxtures.streets.atievs;+yassageways.easements,rtghts.priviteges aa4�e• '.�,�;�:�'.'r'�`�-, �
<br /> - � r�$nces tacated fl�erean or in anywise peRaining thereto,and!he renSS;issues and protits.reversions anA remalade�s thereof,and i ;,{ r
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<br /> � °L'� ��`� '.sucfti personat property that i�atlached to the improvements so as to constitute a ffxlure.inctuding.but not limited to,heating an0 . �._ -
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<br /> � •;• �:;.;:;:��.� . caotirtQ equ?pmen�and together with the homestead or marital inter¢sts.itany,whicb interests are hereby reteased and walved:alt
<br /> ���'����' bf whicls,in�tudin9 reptacements and add(tions thereto,is hereby��red to be a paR otthe real estatesecured by the Ilen o[t91is ,_
<br /> `�:�•:•�r'�;�sc;:;� 11eec}o�YrugL'and all af the forepoing betnq reterred to hereln�s.Lhe'iProperry". . , . . _ '
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<br /> ���,,,,;;,.i;•�•: 4deys�eea at Tncs¢4�},.:ecure(a)the payment dt+5��,�r;:��%p�?sum and interest evidenced by a promissory note or Ccedit
<br /> •�.:�;.'���'�� a��erten�da9� ..��3[���5, laot � .� vi��ainaturi dateot �e6tuay�2�s 1°4R . .
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<br /> ;"�'`� 9 d313.50 ' �� `,.and an and all modifiaations,extensto�sa:�ce ee?�avc�ls
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<br /> ;���C;`?� �t�heraoto i�Zr�to a dFany aRd all f�e a:vances.a^�d•readvarr�3 ta Borrower(or any o1 them i1 moro tha�•�tQD Mer�.:isi�:► '
<br /> s.��<:';;:�:� pursuant to one or mare promlasory notes or credi���:'@e!nents(here�n calted"Note'1:(b?the payment ot other s3Ki�ar�va:7�EC by
<br /> 7.2r►der to protect the security of the Note;i�)the peri��+tsance ot all covenants and agreements of Trustor set torltt i�•ein;anQ(d)aIl �
<br /> �resent anc!tuture indebtedness and a51"r�a2i�ns o1 SDnower(or any oi them if mare than one)to Lender whethel direct,�r�0irecl.
<br /> absotute or contin�ent and whether asis9c�,�s�a�"guaranty,overdrah o�otherwise.The Note,this Deed of Trust and arry a.�all .
<br /> otherdocuenbthataecurotheNoteer .at;�wiseeaec,�edinconnecUontherewith.inctudingwithoutlimitationguaranteas.se��?�1
<br /> ayreement�end assi�nment�ot teases and rents.s?;dp:de�etened to hereln as the"Loan Instruments". . � �
<br /> . �rwtor covenants and agree�with Lende►as 4�Etnii6�'• � . . ' , �� ,
<br /> �, 1. P�ynNM a1 Ind�6l�dn�s�.At)indebtedness s,�a�c-%fie�eby S�aII be paid�r��2n due. � , ,
<br /> ' ' • 2, TNN.Trustor is the owner of the Property,h�17m3 right anQ authorlty to Convey the Property,and war:^^.s�?��rxC M*e'lien ,
<br /> � created hereby Is a first and prior lien on tha Proper.;�.exrepS 9ar. R.�ns and encumbrances set forth by Trusta�"s�^�*n"��`��rd
<br /> � ' delivered t0 Lender before executton o1 thi�Oeed ot Trus�anQ th.e sxa:ution and delivery of this Deed of Truat does��c���a��r:;r
<br /> - ' coneract ar other obti9atlan to which Trustpr ia subaer�.,.. ' , , �
<br /> . 3. TaxN.AuNSm�nb.To pay betoro deNnquenc���t•c�.ices.��ecial assessments and alt olher chasges ag,�?s,�;?'��e�r�t�
<br /> . now a heretRer Iev1eA. ,; , :�.�• � • , .
<br /> � � 1. 6wrane�To kee�4�e P�operty insured a�ii1�1'�lT��4N tire,haxarde inctuQed withln the term"exten��is�'`r�,3��,and... �
<br /> � � sucf�other harar�as t�raer may�eq�ira,tn 3ma�a�+±�°=r�t',+�+�n��:ampanles acceptabte to Lender,naming Lendrer•��?!���if!�'�J�. � ,- •
<br /> ' nan�ed insure�.wbff�lcss�3Yatt!e Ga t�he U�itL'cr.��T+�����•"•°!-3�ua;+�:a`sach policies.the Lender is authurized to a+S;�+st,dn+fl�a°•.:�M'� '. . ,
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<br /> ccmpromise aEicFata�s���:a�s�r:.am�is[�afli.�.��lic.ri c�olapp�� 3 atl or part of the insuranae proceeds(�)�o an �nC��.�r�s �.:� r.,,;,`:!!..
<br /> : ti setured hereby anef ivo sus�n m���as���-^�;��y�*�>�e,{�F)to't:e Trustor to be used tor the repatr or restaratfic.r 4f tha�?�ecC9i,- . ::;',,.;.;;,,;,
<br /> , arf���tarar�ycthe►p�rpas�ecre6ie�esat�s�,a�rscy°.�3C,�a�..�'wilhoutaNectingthel;�notthlsQeedolTrusttorfhePu�aincuittses,a�ed� .
<br /> trereby betae sucrt payment ever took a[aee.M��i�aon of proceeds to�ndelotedness shall not exten�oR IaastQorte the dua
<br /> dite M any payments unQei the NaCe,Qi cutg any'tCc-�1�.T,t�ereunCer.ar hereunder. '
<br /> 5. Eacroti►.Upon written demane Ey l.enQer,Tru5C:+!�x;att Qay Ya Lender,In such manner as Lender may aesignate,suftt�cdent � .
<br /> sums to enabte Lender to pay aa they become Cu�orte a+�fiar2 bP+*�ccttowirtg(i)alHaxes,asses�ment�and other ctiargesa�nst
<br /> � - - - the PropeHy,{il}the premlur�s on the propertyr insucanr��requ,red°bereunCe►,and pii)the premiums on any moRgage insur^�nce
<br /> '� , rpWuld by L�ender. ,
<br /> i• 8. MalnNnane�.R�pNn and CoiepH�ee�wRlt ILawa.Truster shal!kee�tlte Ptoperty in good coaQition and repair,shall
<br /> . �# � • prOM�tly�ePelr.or replaae sny improvemeM whtch rffay Ce damaged ar Cestroyad:shafl not commit or permit any waste or �
<br /> i. �. deteioaUon af the Praperty,shatl not remove�,eernOtish or SubstartHally Blter any of the improv�2ments an the PropBrlSr.shatt nae
<br /> • , . � �commiRsufferOrpermit�nyacttobedoneinoruponthePropeAyrinvfatatlonolanylaw.�rdinartC�arregutation;an45N8lCpayane "
<br /> . .� promply dbeharpe al Trustor's oolt and axpense ell liena,encumCrances and charges tev+ed imposeQ ar assesstd against the �
<br /> PropNty ar_inY Pw fh�eot.
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<br /> --- ----:--� T. En�O�nif+�.Lender t�hereby asstgrt�afi cem�ensa6an,a�rbrds.6ar�ages andother payme�ct�rsli2�thtno3s�alittr•. � . --
<br /> � ' °p�oCerd�'ry�n eannecdon wilb condemrtaUOn or otherfatcin�ot the Property or parl thereol,or tor eameyanCein lisu ot Condemn�-
<br /> � : Uan.Lander shalt be entitleA al ib opNOn tp eomrtfence appear in and proseeute in its Own name any action cr prac�e�ir�9s.and
<br /> • • � ; ih1Nl al�o b11 entitt�f to maks any compramiae or se�feme+►t in eonnecUan with such faking or damage tn�e event an�c portia+af
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