|
_ U � . l, ..j�_ ��.
<br /> V
<br /> -�- . x ,. ..._ .
<br /> .- . ., •. �.,�, _`—_
<br /> -� �- - .r•-v.. __ � _,_�--_.���::._ � �
<br /> � .. - --=-- - -- -
<br /> ���.__ - �-}.`� . , . , '`^.�;.'�-Y-:=:`' __
<br /> • � � O�D O�7'�IYST '���
<br /> . •,. ,
<br /> 1!�'8T'OIi.IMG10'fl!I/'sl�oll!�1,QMR�i: . � . � . ,-
<br /> 7hl�oii�ndwM�nth�MllMde��M�11ruMorMabaAa�ec�aiMI��OMddTiuM�f�a�welqrp��l�ri�lMiiM�'
<br /> of�Mi b1in�NMdM7tu�t MibMMMtMh►�MM�fNN�and�blqM�loTMuwo►MiMn• M'h��t
<br /> a•�a.�oi+a�una.►°�°waw a irw�,�nauana aN na�ra a.�n.�.«+e�r�.�e a hw.��o�r•�w
<br /> -- eyr tl�Ttwr.r�ear�q► arooMdlelk Tnalor nprwnh�nq w�!*�l�M lhta 1hN�olmow!�iM.��i�iol�i�dl�►
<br /> �►w��•��.d�a.aa�.�, .
<br /> - r..�.___.�....�--�--� � . . � . . . .. ,. ., .
<br /> ,._ .. . � , . . . .- ,
<br /> .. � P•�tr �. � .
<br /> -.. . �--�.�- oe�o pR rnusr wiTH t����ov�u�tcss
<br /> _ n+is n�o o��r�usT.�s m.d.a a a�.�d.y� �ar- .��.n�►+ua�morw
<br />-�- 1hsTrwto� �•�� D Lnrae�e i Patt�r J I.orwt,a�A . bwb�nd �ad �it� �
<br /> - w����y Rout� 2 Box 177 �ir�nd I�lap�snln"T�%"w�hMbi►o�or m��
<br /> m
<br />-- -- - - --- �„��� ra�iu Cor tion ,
<br /> ,y�` wtwM n�itin0�ddr�a� P,0. iox 13�7 Gr�nd I�l�qd• IIB 688�2 (hm�ln"Tiy�tM"1,and
<br /> ;,;.��� � �ly� Poinb 8�nlc
<br /> B�iCItaY� '
<br /> i
<br /> _ � wlwM m�tlinp wdd�3�r �is o Broad��il [3r�nd I�land. 11�. 689�2-1�7 (h�nln"L�nd�r"�.
<br /> ' FOR VAtuAE�1.E CONSIDERA710N.incN�dlnp�sndds�xt�ntton o1 c�dit Id�ntlfl�d horeln roRq°ald D. Lorenz�n
<br /> ==:;ti.��.
<br />-��:�'r; s P.tt� �. ,J�er�nun (hereln"Bonowsr",whefher ons or moro)�nd ths trust hsrel�crBpUd,
<br /> =;;;"1:�� �'.r the�ec�ipt of whlch b hereby�cknowlsdpsd.T�usta hereby inevocably y►anb,transfsrs,conveye e�d as�ipna to Ti�iat�s,IN
<br />==:"�t�� � TRUST,WITH P01N�R OF SAIE.fa the benei�t amd sewrlty o1 Lwide►,und�►and wbJ�ct to ths torma and condltlons h�Yif�MM wt
<br />�-�6,� iarif:.i`+a na8i�ropatiy.r�c�l�3�s t�Ow6:
<br />` :k;�? � '�:�� ."�� .
<br /> . �� .;� . � � L.�T OIiE 11) OR SECTI011 1'��i !10) IM TOMNSNIP TEM 1101 MOR7'll OF RAMBE Dlg�l� ¢9� ..
<br /> `.r`�;•� ;� �tfi*�'%' �� M6S'f OF TH8 SIXTN P.19. GitAliD ISLAUD IIEB�g KA. AND 7'l1B M�E�R�I.Y SBYF�i3'Y-FI�PE .
<br /> . � FEET f M7S') QR LOT F041�i 1�!I IY SECT0�1 ELEV6ii 11�) TOMNSH2P �61 !1e) ilO�TN.
<br /> �, �� ' K QAflt�E 11IME I91. ME3T OF THE SIxTN P.M., HALL COUM�'Y. i168RASlIA
<br /> , �'{ ;�:
<br /> ,�r�,s,y��',•°�• To�ether wlfh all buildlnps,improvements,ilxtures,atreeta,alleya,passogawaya,eaaemente,Nphta,privJlepes 8nd appurte-
<br /> n�nces locAtsd lhereon or in enywlee pertainfnp thereto,and the�enb,isauea and profita,reverobna and remalnden thereot,�nd
<br /> - •�4 .'�+s+k,���� wch paraond property thot Is aftached to the improvements eo as W consQtute e Ifxture,includfnQ,but not Ilmlted to,heaYln�and -
<br /> � - aoollny equlpmsn�and tnpether wlth the homostead or mar{tel Intareats,if any,which Interesb ars hereby relea�sd and walved;all
<br />—_ _. ,y�;�.,,,...�,a�w ' , oi whlch,inc�udlnp replacemenu and additlone thereto,Is hereby declared to be a pen o1 ttw r�al ostata soau�od by tha Ilen of Ihi�
<br /> _� ;�,-
<br /> �'��,:
<br /> DeW of Tru�t and all ot fha Iorapolnp balnp raferred W heroM as tFw"Propvrty".
<br /> ;�'� _ ����'ry,',�e;��,.`'�n This p��d o1 Trwt ahall sacuro(a)the payment ot the princlpal dum and Interest evfdonced by a pramiraory nota a u�dit
<br />_fr y� . . -Y(.T. .:.,f�� aT�i
<br /> t s � � "�� ;�,' a eement dated ii iSth 1998
<br /> ,y;�, ��',..:�., : a 1{�xab 29th i993 ,n�vinp a mewrlty dato of _..�F►R1' .
<br /> J���.• d��;a,�::;'` ��� "�'{, In the orlptnal princl�al emount ot s. 2s�021.00 ,and any and all modfllcatlone,extenslons and renewela
<br /> -��`��'�4"- ; ' �•t•�y�`r� � , thereoi or the►etp And any and all future edvances end readvances to Bor�owar(or any ol them If more than one)hareunder
<br />. t�:'1��� ',�,,;;;•,,;�7!r�yh�',� .=, , rsuanl to one or more romlaeo notea or credit a reementa(herefn called"Nate");(b)the payment of other aums advanced by
<br /> .i •, . . �.,f�•,�.� P� P rY 9
<br />�`% ;: �u �•��.,`�� • � Lender to proteCt 1�e aecurlty ol th�Note;(c)the pertormnnce oi all covenants and agreements of Truator sot brth herein:and(d)all
<br /> ''�„�' : �'� ,, � " � pr�sent pnd t�ature Indebtednees and obllpatlons ol Borrower�or any of them if more than one)to Lende�whether direct,indirect,
<br /> :'>•:i' �,�,�:`.� absotute or contin�ent end whether arlslnp by nate,guaranty,overdraR or otherwlae,The Note,this Deed of Trust end any and all
<br />�''''�':�J s� ?;�:{�.�r� other dxuenb that sacure the Note or otherwlse ex•ecuted In connectlon therew�lh,including wlthout Ilmlfatfon�ueranta�,waudly
<br /> ��� "�`� r� � ,�,,_ apreemente and ssslgnments o1 leaees end rents,shall be relerred to hQrein as the"Loan In4trumanta".
<br /> 'R` :,. ;:,K'�.;� �• ; Truator covanants end a rees wlth Lender as tollows:
<br /> :u�•�. ��';��;�'� " 1. paynMnt o1lnd�bbdniw.All Indebtednes4 secured hereby shall be paid when d�e.
<br /> . �,;
<br />- .,' `_y,�':;�,:.�,� ��u. .
<br /> • ; ,,r,,,�y,r�; � •.: 2. TIH�.Trustor Is the owne�01 the Property,has the rlyht and authonry to convey t'�e Paaporty.and warrants that iDe Ilen
<br />-�`�;,. ,�d�� ' • , • .'.�� , created hereby is a tlrst and prler lien on the Property,except lor Ilens and encumbrar.ces�et forth by Trustor fn wrHinp end
<br />_- �'��'�,1 '��_�:��s��c:�,. deNvered to Lender beiore execution o1 thla Deed of Trust,and the executfon and dellvery ot 1hls Deed ot Truat does not vlolote any
<br /> 'r.•.• r` `�_"`..""T':t'''i.
<br /> � ;.�', , ,y.•„ul;��,� contraCt or other obllgotlon to whlch Trustor le aubject.
<br />'�' �'� ''":.;�� +� �i'i••';,4►.� 3. T�xN,A�NNm�nb.To pay betore dellnquency all taxes,speGal assQSSmeMS and ell other cha�ges aysinat the Property
<br /> •,;�f;,;
<br /> "' �'+q ;.:�r�<� ` now or herea(ter levted.
<br /> �t ` ' ���',�'rt":';f��f � . 4. Imunnc�.To kee the Pro ert insured e ainsldama e b 11re,hazards included within the tetm"extended cove�a e and
<br /> ., . t, , ?' ! �,
<br /> � '.. �:�{(•��,'r>.it�; P �P Y 9 9 Y 9 �•
<br /> �.?.,��,�s;';+i"Ja such ot�er hezards as Lender may requlre,ln amouma end with companiea acceptable to l.ender,namin9 lender as an additsonal
<br /> - ���'`. •s+` '`�;�i� nemed In�ured,wlth loea payable to the Lende�. In caae ot loas under such polic�ea,the Lender is authorized to adjust,colleet and
<br /> � �:' • ��`t4��`"�,��t�l•, compromise,all claims thereunder and shall ha�e ine optlon of applying all or part o1 tne inaurance proceeds G)to any Indebtedness
<br /> , ''`?.�'�'�;},:;^'���1����t4 oecured hereby ead in suCh order aa Lender may determine,pq to the Truator to be used 1or t�e repair or rearoraUon ol the Proparty
<br /> • ' s� •''<��{'�{•4='�j�`; or p{q tar eny other.purpoae or object saUafacfory to Lender wllhout eHectfng the Ilen ol tnie Deed o1 Truat for the lull amouM secured
<br /> ` �'�� ���i��'.` �`:;�,,, her beforo�uch,p8yment eveP took place.An eppllcatlon of roceeds to indebtedness shali�ot extend or ostpone the due
<br /> • .s trt 6bY Y p p
<br />'•'�,, ����'�`��""'' �+'•�' dab oi any paymemts under the f�iqte,or cure any delault thereundar or hereunde�.
<br /> — b. F�cro�r.Una�n w�Nten demand bv Lender_Truator ahell nav to Lender.Sn such manner as Lender maY de8i0nate,euflicient
<br /> �-�+q 7 =:.'' .. ��•��-�� eums to enabte LenrDer to pay as they become due one or more of the lollowing•�d all taxea,assasements and Other ahargea aqalnst
<br /> - -.� , , .�,y, th�Property,pi�the premlums on the properry Inaurance requfred hereunder,and(Ilq tha premiuma on any mortyape iawurance
<br /> �,._�� :_r rpulnd by Lender. `
<br />�,,,� q;;�' 8. M�Inl�nce�R�paln and Canpll�nc�wlth Laws.Truaror ahall keep the Property in yood condlUon and repa�r, shall
<br />, - � . . ��: � prompdy repelr,or replece any Improvemenf whbh may be demaqed or deatroyed; ahall not commil or permit any waste or '•
<br /> :�'�+',' ' ,� � �•: dsterlontlon of the Property;shall not remove,demolleh or aubamnUally alter any of the Improvements on the Properly:ahall nnt
<br /> ��'��'y� commlf,�uMer or
<br /> permM any act to be done In or upon the Property In vloleUOn of any law,ordlnence,or repulatlon;and ahall pay and
<br /> ��' -' �•,��;,: ',� promptty dl�chuqe at Trustor's co�t and oxpense ell Ilens,encumbrences and charpea levlod,Imposed or aasoased eQeln�t the
<br /> � ,�.:.,;. � prop�rty or any part thereof.
<br /> S' � ' .. ��.. 7. EmNwnl Donwln.Lender Is hereby aealpned all compenaetton,awarda,demapes ena other payments or rellef(herelnelter
<br />��-�_ ° '� "ProcsWs")in conneoGon wlth condemnaHon or other laklnp of ihe Properry or pan thereof,or lor conveyance fn Ileu of condemna-
<br />. ,.� ' tlon.Lender�hall be entltled at Its optlon to commence,anpear fn end proaecute In Ite own name any actlon or proceedlnps,and
<br /> : � � � � �� • �`' �hall�Iso ba entitlad to maka anr compromise or wtGNnent In connectlon with euah lakkp or damepe.In the event any poAlon of
<br /> - _ , 1,� '' i":. �,�'�f • '
<br /> a
<br />. . • "'"�'�-�•-. IMCiQ7�r��aiMurND�M1Mrt0iN � .. . .. �
<br /> • Q 1/M MMiMW YN�1 CM�MMfp TwM MM f���AMKWwR lieUWL MYrMY� ..
<br /> � ,� . •
<br /> �:1
<br /> ��1
<br />
|