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<br /> ACKNOWI.RI�MENT OF t�l�D O!�TINI�T �" 1�3�,� .
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<br />��^= ' ' DEED AF TRUST WITH F!�'�t�RR?ADVANCEB
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<br /> '"`� � �"� whoN m�Hl�q address Is ,.' 2AiS L �dr�ll Liraeid I�l�od.
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<br />',.•.i4-M1;, rr� ' FOR VAWA�I.E CQNSICIFRATION,Inoludlnp Land�r's oxtanWon ot cradit id�ntlAod Mroin to�r�11 R M�dbrT�_�_
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<br /> :r'_�; t r.b. M.�b±r;► (hereln Borrower",whether one or mor�)and the trwt harein crea�ad,
<br />_..,;�� -; ths rac�ipt of wh[qh la hereby ocknowlydped,Trustor hereby Irrevocabty prana, trmsiera, canveya�nd eaipns to Trueteei,IN
<br />;;-;•.;;. �, TRUST,NIITH POW�R OF SALE.fa the beneflt�nd oecurlty of l.ondar,undor and wb�eot to the Wrms and condltlons h�nina(b►iq
<br /> '�:x.• :� brfh.th�rwl properry,detcd6sd as follows: .
<br /> -���;;;'A; ���,`•; ,� � �,oi sw.nsr-F�ve i�s�� 1.� �ipbb Pow�tb Subdiv7U�i�• � ��. ��y. ,�•�•+��
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<br />-Y�t�,.:�� '`I� �� �:x ; Topether with all buildlnps,improvemente,ifxtures,atreete,alleys,passagewaya,ea�emente,riphts,privilepas and appurb-
<br /> ��'%i'�� �""��"'' ."'t;� � nancea loceted thereon or in anywise pertelninp thereto,end the rents,lasuea and proHts,reveralone and remeinden thersof,and
<br /> - N� �uch eraonal property that le ettached to the Improvemenle so as to conslituta e flxture,inoludinp,but not Iimited to,heodnp and
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<br /> •'y"� °� coollnp equipman�and topether wlth the homeatead or marltal interesta,If any,which Interests ere hereby releaaed and walved;�tl �
<br /> - � �•'•. '�� '� ` +• oi whiah,inaludinp replecements and addltlone thereto,Is hereby declered to be a pan ot the raol wt�b wcur�d by th�Ibn of tld� -
<br /> _,�_.�,` ' �`��`�`'". ,� Dold ol Trust and all of the(orepdnp bainp relerred W hereln a4 the"Property". _
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<br />-¢'::;.`•• ' � �"�':'��` Thlt Doed o1 Trual�holl tocure(a)the payment of Iho rinci al sum And Interest evldoncad b a romisso not�or ondR -
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<br /> �;�j�,''���; ��4�;,,. �preemem dated ... ,h vl date ot _ Aerii Lt 2M3 , -
<br /> a.: .; —Jls�oa-1�lh-.1,993 a n9 a maturity
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<br /> ty. , �•� .-. In tAe aiginal Frincipel amount of S �9a�•� ,and any and all modilicatfona,extensions snd renewale
<br /> :^;. ;y�. i�� �;� ��'x thereof or thereto a�d any and all tuture edvences and �eadvances to 8orrower (or eny ol them If more then one)hereunder
<br /> ;,,,i_ � di�.i�. purouant to one or more promissory notes or credil agreernenta(hereln called"Note");(b)the payment ol other aums advanced by
<br /> � .'''•�" Lender to proteat the security of the Note;(c)the performence of all covenents and agreements ol Trustor eet lorth heretn;and(d)aN
<br />° � ��' � • �� � � preta�t and tuture Indebtedness and oblipadons ol Borrower(or any ol them ft more than one)to l.ender whether direct Indirect
<br /> � '` ' �'��"� � • •` ebbolute or continpent and whether arfalnp by note,gueranly,overdrafl or otherwise.The Note,fhis Deed ol Truat and eny and all
<br /> �� ��� �r� �';�4v►�•-'•.`, other docuente thet eecure the Note or othe►wiae executed in connectlon therewith,f nclud,ng without Iimifatfon puarontee�,waurity -.
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<br />-=•�; 'j • , :°: apreements and asalgnmenta of leases and rents,shall be relerred to hereln as the"Loen Inotrumonta". _
<br /> � ,�,� Trustor covenants and agrees wkh Lender es follows: �
<br /> )','�, �` t � � ', ' t. P�ym�nt o1lnd�bt�dn„�.All Indebtednesa secured hereby shall be paitl when due.
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<br /> �,,,�,.� k: ��,�,.�. 2. Tid�. TruatOr�s the owner of the Property,hea the rlght and euthority to convey the Property,and warrents that the Uen
<br /> �`�,�}y`,s.�a'+� . .. created hereby is e(irot and prior lien on the Property,excep1 tor Ilens and encumbRances set forth by Trustor In wrlU�p end
<br />,��`'+,� i'� �.•:i'�}�:�r`' • - dellvered to Lender belore executlon ol thie Deed of Truat,and the executlon and d611very ot f hls Deed ot Tru4t does�ot vlolpte any __
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<br /> ,�. ,�� _��=ir��--:- contraet Or othai oLligaUun lu wl�i�h T�ustor IS subJect. -
<br />-!�}-'�� � " ti 3. tax��,Assessm�nb.To pey before delinquenCy all taxes,apec�al asseaemenls and all other char�es ayainst the Propehy �
<br /> �,�;5���� • .��.. - now o►hereefter levied. =
<br />. ��:�'ti� � `"� • ' ��. �; 4. Imwa�ce.TO keep the Property Insured against da maga by tlre.hazards Includetl wlthln the term"extended coverage",and =
<br /> � ?���r:,•� auch otner haxarda as lender may require,in amounts ana with companiea acceplable to Lender,namfnp Lender as an edditional -
<br /> � •��� ` namec0 Inaured,wlth losa peyeble to the Lender.In case ot loss unde►such pollcie8,the Lender la authorized to adjusL caUect and =
<br />-;;1�'.;�'� � ,:,, ��� comp�omine,al�clalma thereunder and�hall havo the opUon ot appl�ing all or part of the lnaurance proceeds(q to a�y indeGtedness _
<br /> � eecured hereby pntl�n auch order e8 Lender may dQtermine,(li)to the Trustor to be ueed for the repafr or restoroUon ol the Properry
<br /> � ._:`?%f: � . � � �' " or pA)for any ott�er�urpose or obiect setlatactory to Lender wlthoul aNecting tne iiert ot this Deed of Truat lor the full amount securetl =,
<br />-:,;s,.;;'�, , hereby before auch payment ever rook place.Any appNCatlon of prxeeds to �ndebtedness ahell not extend or poatpono the due
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<br /> .�.�.:'1: �,• .-;. . -.i dati ot any payments under the Note,or cure eny defeult thereunder or hereunder.
<br /> - 5. �erow.Upon wrllten demand by Lender,Truator sha11 pay to Lander,ln auch manner as Lender may dealpnate.auNlclent
<br /> —"-;"i r 4 eums toenao�e L.entier io pay as iney oecoma dun vntl�ir�r�vrer iri v.o iu��i,«��� ' �ai:�aiivb,aeooso�To�� ''"`'--`""'•_"""�
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<br /> �•"°�, '' �, • ' ,��,,,�` Ihe Prop�rty,(iiy the premiumi on the properly Inourance raquired t�er�under, and (Ilq thv promlums on any matpepe Insuranc�
<br /> •�-;;:, ,..i � o • �� r�qulrw!by Corber. �.
<br /> -.---�••�� V -� ' ` '�=`=�•. 6_ MNnMn�ne�. R�pdn�nd CompU�nc�wlth I.�w�.Truetor snall keep the Propery In goud condltlon a�d repalr;ahall -
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<br /> - �2. „ ., prompdy r�, or replace ony Improvement whlch may be damaged or dAStroyed; shell not commlt or permft eny waste or
<br /> '� , , , , ` d�0�rioration of Me Property;thell not remove,demolleh or eubetantlally alter any ol the Improvemente on lhe Property;thall nol •
<br /> ��.`y( u."y�•.,., ;��; commit,tuf6sr or permlt 6ny act to be done In or upon the Properly In violaUon ot any law,ordlnance,or repuladon:and shall pay and �
<br /> �' ,.;q� promptt�r dfscharpe at Trustor's co�t and axpanse all Ikns,encumbrences end cherpes lovied,Imposad or asaoswd opainst the
<br /> �'."��,i � Property w eny pert thereof.
<br /> . ��+ . • 7. EmNNM Damaln.Lender f�heraby esslpned all compenaetion,ewarda,demapes end other paymenu or reNol(horefnatter
<br /> - . "�'racs:d:'�!n caosssztlaa•�lth candsmnat�an ar a�cr aktnp at ths Properr;ar paK lhoraat,cr!or con•ra�ancc!rs llau c!cand�ssr�a
<br />' ' �• :� :• ,�,; q" tlon.Lender thsll bs entltled at its optlon to commence,eppear in and pro�ecuta In Ite own name eny actlon or proceedlnp�,and '
<br /> .���� �"� �� x �h�ll al�o bs ontltlad to mak�any compromlw or wttl�mant in conneatbn wlth wch takinp or demepe.ln the event any po►don of �
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