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<br /> b�l 11w f'hwN�wM�ei�l��P��O.Tru�lor nWMMM��nd w�n�Ml 1111t IbM�oNnowll�iMM INN�AI�M�m►
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<br /> --- �.�. Floya a. sos.�..tie a s�a,ron so:....n . Av.b.na .aa .s�.
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<br /> �Ta�w�, Fiv� Poiat� B�nt. • Web�a� CorPdr��ion .
<br /> -. P.O. 6ox 1':i�7 lir�ad I�l�ad. !IB �G88�2 ��?�upM'y,and .
<br />°° :�:. whot�rt�i11�0 edd►e�s is .
<br /> ^��°� Fiv� Pointa Bsnk .
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<br /> ,�� ; `' 2�15 M. Broad�ell Grrnd I�l�nd, ME. �688O2-iS�7 , '
<br /> �° , who.�nwu�no.aa...s a � l�°�«�r'�.
<br /> :. Floyd J. 8or�a�a
<br /> �.::. FOR VALUA6LE CONSIDEMTtON.UtCNidlnp l.�nd���nsfon af�r�dit Idw�tlN�d haN�ta .
<br /> ,�� i 8hu'o� Sor��u�le1 (herein"Bor�ow�er".wMther one a moro)uid the trwt hKMn ctMMd,.�
<br /> �,'� — TR!lST,W�ITH POWER��L�E tor th�benedt a�d s�cu��enda.u biuter and wb�act W th�terms� condi�on��hMMn�IMt�M,� .
<br /> .•�'�.- .-•i����. 4t�;�.�. ����l���A���'•K ROUR 1�/1 OF dY1.B£�RT'S S6CClID ADDITIOII TO TdE . f� ,
<br /> ,�,i'i�; _;' : � CITY OF tiR�I1D ISbAND, N66RASItA , ,
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<br /> i•�, �t �,d� ,ar� TopMh�r with all buildinps,improvements,tixtures,atreets,alleys,passapeways,e��emenb,rlphb,privllepe�and appuAqt '
<br /> `'�;;:'S �iy�,�.;q�:'•;��,�:' �'� • nanais located thereon or in enywiee pertYfninp thereto,and ihe rents,is�ues end profita,reveralons end remaind�rs fhersof,anca
<br /> ""'�'�� „u� �,'t '� such penonal property that Is atlached to the improvements eo as to conatitute a lixlure,fncludlnp,but not limited to.hsfidn��nd
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<br /> �� , •.;;,,;�,;,:,,,;y;.,;:;�„_;� coolinp equipmen�aod topether with the homestead or marftal Interests,ff any,which intereats are hereby releasad and walv 'o i
<br /> _ t ,,{,...„� •• . -+�w�.+�, of whleh,includinp replacements and addWons thereto,ia hereby declared to be a part o1 th�rwl wtato Mour�d by t�11�ot tl�
<br /> �. '•�'rrr• • � ••�- DMd of Trust and all of th�lorapoinp boinp refqrred to he►eln a�the"Propary".
<br /> �• � � 4� ��
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<br /> ' "�°i'�1: ': ' Thi�O�d ol T�utt shall socure(a)the p�yment of tha principal aum and Intereat evidonced by a P�om��sury noW or oredit
<br /> .Y'u. r• .�.�r; ' :I•
<br /> �;�; + ^���w� � ., � April 3rd 1993 ,havinp e maturlry date of April lpt 1997 ,
<br /> , ,��:. �... ;, apre�nwnt dated ,
<br />`,� �� �� � r�-n::f���` :�,.:
<br /> ,�,:,;�;,...,:�;. .-y�.� ., 8.421.66 ,and an end an modilicetiona,exten9ioas and renew81s
<br /> ,,, , ..,r1•:;;;.,•� . in the oripinal prMclpel amount ot a Y •
<br />- � , : iAI 7':�l_ '
<br /> ,,��,;. '`,!+��� . ,�, :. thereof or thereto and any and all tuture advancea and readvencea to Borrower (or any of them ii more than one)herounde�
<br /> �::.. � ,. � • '�;:;� punuant to one or more promisaory notes or credit aqreements(harein called"Note"1:(b)the payment of other aums adve by
<br /> �`•�• '� • ':� Lender to protect the aecurfy of the Note:k7 the perlormance ol all covenAnts end aqreementa ol Truetor aet forth hereln;and(d al1
<br />�, .,_ ,
<br />;.;�'�?�� �^�' ? � .�.';, , p�e�ent and 1Uture indebfedness end obllgs1looa of Borrower(or any ol ihem if more than one)to Lender whethor direct,indlreCt,
<br /> _���- `• ;• ,,;;: '`' "•• nbsolute or coniingent end whether arfeMg by note,yuaranty,overdrafl or otherwfse.The Note,this Oeed of Truet and any and o!1
<br /> � ?�� �``��, other docuente thet secure the Note or otherwfse executed in connecGon therewith,includiny wdhout Ilmitetfon yueranteas.wCUdly
<br />���: " '' ` '�'�' apreements end esaipnmenta of leases and rents,ahall be referred to harein as the"Loan In�trumants".
<br />�-�.; : . � �`�'"' �l,!';' Truetor covenants and agrees with l.ender as Idlows;
<br /> " �'� �'� .� '����; 1. PaymeM d Ind�bt�dn�u.All Indebiedneas secured hereby shall be paid whe�due.
<br /> ''��� � ''�' '�h:y�� Z. Tiq�.7rudtor ia the Owner of lhe Property, hes the ri ht and authori to conve the Property,end warrants that the Ilen _
<br />���` i-;,,';' � � cseated hereb la a Ilrst ar.c1 prlor lien on Ihe Property,axcept la 11ens a d encumb ancea set forth by 7ruator In writinp end
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<br />.,i-�=� .�;;;:;.:.�,. ��;: de9ivered to Lender betore ene:,ut�on of thls Deed of trusl.and the execution ana tle��vary o(lh��Deed uf Tr uat�uez�ot vlotate eny
<br /> ,r�t;-': ��s ;%' ' '•:�: conuaCt or other obllgaUon to which Trustor fs aubJect.
<br /> . Y;<'Sl�!,:' ' �
<br /> ,rfrj.;..'.: •. � • �, 3. TpKN.Aswpm�nt�.To pey before delinquency al�taxaa,apec�at aa9esamenls and all olher charyes aqeln�t the PropeAy
<br /> .;,:_,.:. • •��:.. , ' i�' now or hereazter levled.
<br />;;;�'�,:'+i� . �� 4. (MUtaace.yo keep the Property inawed aqainst damage by fue.nazards Included wlih�n the term"extended covereqe",end
<br /> �•� �
<br /> "�� � +" svch other h8tarde as Lender may requlre,ln amount8 and wNh campanles acceptable to lender,neminp Lender a9 an additfonel
<br />`� ���'�' � • naoned Insured,wHh loss payable to the lender.In case o1 loss under auch policles,tne Lender Is aulhalzed to atljusv.collect and
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<br /> '"��"� � � � , compromlae,all claims thereu�der and shall have the opiinn ol epplying ell or part of the�nsurence proceeds(�i teany�ndebtedness
<br />'��.��,���•.• , �r.,:•r.� , .� • ��: s9CU�ed hereby aRd in 9uch o�de�a8 Lentler may tlet9rm�re.(II)to ihe TrustOr to be used lor the repafr or resloration of ih@ PrOperty
<br /> � ������� •�,�.��' or(III)tor any Other putpoae or ob�e�t 9�tc9tactay to Lender without aHecu�ng the lien of this Deed ol Yrust for ihe lull amount aecure@
<br /> :,Jti,,4�t t.:�
<br /> !<'.f� i;� hereby be�ae s�ch paymertt bver took GIAC�.Any appllcetion of proceedz to Indebtedness shall nat�:rclend or postpone the due
<br /> � �'�}f:
<br /> ` ����_ ''• .. �;�;,,�y, dota of any paymente unBer tt�e Note,or cura any defeult thereunder ar�nereunder.
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<br /> u��..... �.....�.., w.wsnnu s��an/iw may dosmnate.auM�c�ent
<br /> c�'�'��.:; '- j _ _-._ _ ..-..'_ - 6. E�CfOw.UPOO w►iLC6���IdnrefW[ir�efiu'oi�i iuoivi 6i�o��po�.....o.......,S.^..:'�.._.�...." —'--'--' .
<br /> .:"i'�.�.'} c.:. " , .
<br /> � : b,�':�,;: ' wm�to�nable Lender to pa��a ihey become due one or more of Ihe folk►vy�ny:p)t��l taxee,asseesmente and other charqea ayalnat
<br /> { -•,�,,;;,:., ,;;, th�Prope�ty.(ii)tha promwms on the property Insurance reqwrad hereumder,and(lil)the premluma on eny rnortyaye In�uronce
<br /> . �j} ., -e-� � -' �',- .. nqulra0 by Lartder.
<br /> � �'� "� • �.r{ • ,
<br /> : �.� r ' � • 8. MdnNnana�,R�paks�nd Canpllanc�wlfh L.�ws.Trusfor �r�ala ksep the Property in yood condltion end repalr; shell
<br />- � ,'� � prompHy repalr,or replace eny Improvement which mey be dame�etl or deatrayed: shall not commlt or permll any waate or
<br />�' deterlondon of the Properly;shall not r�move,demolish or subatentfally alter any ol the improvemente on the Property:shall not
<br />� ,":',,,�� `.,' commlt,suNer or permit eny act to be done In or upon the Property In vfolatfon ot eny law,ordlnance.or repulatlon;and ahall pay and
<br />, :,� promptly dlsCharpe at Trusto�'s co4t and expeme all Ilens,encumbrances and charpec Ievlod.lmposed or asfeased apeMSt the
<br />- ��� " •+� Propsrty or any part the►eol.
<br /> ` " � ' ''� �'";I;:�����a�.�� 7. EmNNnt Dan�M�.lender Ia hereby ealpned all compeneallon,awarde,damepes and olher payments or reliel(hereinafter
<br />;�.; { ,,n�;: " "Proce�dt'�in conneCUon wlth condemneUon or other tekfnp of the Property or pa►t the�eof,or for conveyance In Ileu of condemna-
<br /> . " •�• �'` tlon.Lender shall be enlHled ef ib option to commence,appear In end proaecute i�fls own name any ection or proceedlnps,and
<br /> '` . ... .�� shall�I�o bY�nUded to make eny compromi�or sorilemsnt In conneclfon wfth euah teklnp or d�meye.ln the erent any portion ol
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