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<br /> ` `,,�, � �.`: �'i�li31AB�,CONS(DERATION.inciud��h:eris�e�''s exaensian of a�edt identifled herein to ... t• �
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<br /> , '. ` . ��:;•��'Ei,,••�•�r�+aer,�huaba[►a d[x] FT1fe (hereio"Borcower'.whether ana or more)and the hust herein c�ested� ����
<br /> �, ihs reCSipt of which is heaby�cknowlsd�ed.Tnutor hereby irrevocably grants,hanafera.aomeys and aaal�ns to Tiustee.iN ',, : ;:�___
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<br /> • � THUST.WITH POYY�ii OF SALE.far the benefitand aecuriry at Lenaer.under and subjeat to the tsnns anA conditions hsreinalter sst `��� „" '
<br /> • tath.the res10��H.Qsicribed as tollow� '. � ` •�
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<br /> . � Lot 3even ('7} an8 s��iaia�i�`3a&it�ian �City of�C.rand Is;lanc�, Ha12 � �''��''.� �..—
<br /> ' " Caunty�� �. ' • ' :�_:•�
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<br /> � •-�j' • Topether wlth all buit0lops,impravements,t�xtures.streets,atleys,passayawaye.easemenp,riphts,prlvQpei prtd appu :
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<br /> ' ,'"�:_�• nancis foeaNd th�r�on or in anywife pertaining thereta and the rents,�ssues enC prot�ts,reversions aod ram��nd�rs iM��o1.and . „
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<br /> ,-:�.,; euch pNSOn�I prop�rty that Is eltacheA t0 the improvements so as to const�lute e tixtur�,inCtudinp,buf not limlted to,hMtinp and : ;:�_
<br /> ,��,�i�... ��������k��p��rwitbthshomsstea0orma�italinterost�,ilany.whichinterestsers�eroby�etsrfsdandw�►v�d:a�� 1" `
<br /> , ;-�y`�� • ofwtUCh,includinpnPtacen�entsenaaaditiona�hereto��herebyQecfaredtobeapartotthsrealestatssecuredbythslianoiMia ; I:F_. ��:
<br /> ° f�:• pred ol Trust�n0 ai!oi the tore�oinq bein�referred to herein aa the"PropeAy". i� �;_
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<br /> •'�.� This Oesd ot TrWt shail aecure(a)the Oayment of the principal sum and interest evideneed by a promissory note or credit ;,. . • � �•��-
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<br /> . �' ���_�� -_�y, 10._1997 .having a matu6ty date ot � �'-1� • ?; ,3.�_
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<br /> ,`r X�f;'F.r, in ths oripinal principa►amount ot= lO�OZ0.50 ,and any anA ali modificafione.extension�and ranswA�� :. .,��y,���=
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<br /> •r,,.:,. ��}a���roto and any and alt future aQvances and readvances to Borrower(or any oi lhem i1 maro than oae)hereunder ,'.���w�
<br /> � . ��`,' pufivan!to o�1e o►more pCOfitissory�ote!of Ctedit a�rp8menta(he�ein Called"Note"k(b)the OaSlment of other wms a4vAt�ced by = �•_� ;,,�,�f�:::
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<br /> ,,S+:.,, . LendertoprotectthsseceuitYcitheHuta:(�itftepertormanceotallcovenanbandaQreementsofTrustorsettoMhe�ein;and(d)ali � I t ��,.
<br /> � � � �'�,i;-� pre�sntactd fdture inQaDtect�E�$n4 obt;�aUOn�of Borrpwer(or any of them if more fhan one�to LenQer whether direcL indireCL : . �y�
<br /> ' ''';�`: absduts or coM.irtqen!and whether ari�ing.b�t nota.nuaranty,overQ�aft or atherwise.The Note.this Deed ot Trust and any and all `. ; � .+ L S 1,5,.,,
<br /> -#��'{: p}berdocuenblhataecurotheNoteorotherwissexecutedinconnect�ontherowith,includingwithoutHmitationpuarantees.a�curlty .�„��,,: .._
<br /> �� ��s7 �gresmanb and assi�nrtrer�of fe2�tes and rents.shall be referred to herein as the"loan Insuuments`. { � •
<br /> �;. "?t�.��'�-` " TrwWr cev�nant�and ayree�with LenQar as�oUows: { .�
<br /> �' : ` �*�'L t� d Ind�pMdnNr.All ind�abtaQness secured hereby sfiatt be paid when due. i ...
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<br /> �h+� :}�r'+)t^�, 2.TIfN.Ttu3ta�is the owner ot!hA Ptopavty,has the Nght and authority to convey the ProOertY.and werrant9 that the lien
<br /> ' �`��"����'`���''�,� createG hereby is a f�rst an0 prioe I�en oa the Properry,exaept far t�ens and encumbrances sef goRb by Trustoi!n writing and
<br /> �'x 'r� ' MisYaredto�ende�befoceexecut�onoftnisDeedotTrust.andlhbexecuUOnanddeliveryotth{90eedotTrustdoe��otvlofeteany
<br /> k•_� =� � ' ' wnbatE or other oDli�tion to whiCh 7�ustor is suDleet
<br /> �'�~`,- �- ' � . �,T�,�!�7o pay betoro Qelinquency ali taxe�,specia�assessments and all other charqes apainat the Piopany
<br /> . - now or hera�itar Irrled. � � .
<br /> � • - � 4. InMrane�.TokeepthePropettyinsureQagainsedamagebylire,hazarasinctudedwilhlntheterm"axtend�dcovaa�'.and _ .
<br /> � such other hazards aa Lender may requ�r8,in amounts and w�th compan�es acceptaGle to Lander,naming Lender a9 an additlonal
<br /> ' ' named Insured,with foss payabfe to the EenQer.frt case of toss unCer such pohc�es.the LenBet i9 authOliZed 10 81dJu8�CCIteO!8ftd :
<br /> � � � wmpromiae.atl c�aimsthereunder and shal�havethe option ot apptying atl or partot the insuranee piaceeds(�)to any Indebtedness ;� ,
<br /> • secureA hereby and in such arder a�tenQer may dete�mine,(ii)to the Trustor to be used tor the repair or re�tOrdtion o1 the PropeRy { ,
<br /> � - • �� :�' or(iii�fa any other purpose or obJettaatisfactoty to Lender without aNecUngthe lien otthia Oeed ol7rus!tor thetutl amoun!secured �
<br /> • �`,,�• � ' . , hereby bel0�s such payment�ver took p�ace Any app�lcetion of praceeds t0 irtdebtedness ahall not extend or postpOne the due I
<br /> • -�-}.�--� • � deb o1 aay Pf►Yments undecltfe Note ov cure any default thereurtder or nereunder,
<br /> " ' _.�, ,._;:, . � 5.Eferow.Upon wditerr Qemand�ylender,Trusior shalt pay to Lender,in such manner ae Len�r may designaM.sufNcieM
<br /> � ��� � � a�mstoenabfelendertapay�atneybecomedueoneormoreofthefo�tow�ng:(i�alltaxes,assessm�n�,�ndnthe�chargesagatnsf � _ _
<br /> ���'�� d`•a1 Properly,(ii).the premivan�o:�the property insurancs requlred he�eunde�,and(iii)the prem�µm5�n.�artjr mactqage insurance i
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<br /> • + ;f�'���� r. f�i�4�bYl4nder. _ - , . �ir.s#talt �'��>-;;:,,- :
<br /> �.,, ��:,-� . , �; . � `•�i���#[�Wi1K ta�rY�.?`�ustar shalt i�eep the Properry fl��.gi�d;w�snd�Huts;a��1'r�p �',:�,...��, ••.
<br /> �.���,.• , �'�#rirdi�Wt►�s..R� , � . W��vo ed: s1ta11 noh;�{nr�lf�d�-),�.NtiniL''�ay,iva�i3,�:r. ,l,' r,,
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<br /> �� � . °!'� , �! �� • ��r�--�� i� w�ifi,��•�:���r��.y����� �Isr�tt��3ter�l�yiii aitiir;` , .;{;„�.;;`:; ;, , �,.,
<br /> ri.h�;l�. . . •��.:�,j}[r��llU��Gl�if/.�:{CQ41�3i�1'�,'.��+.A+d�M'�'f',�CX, ��°}PJ�"N"�.{��''01 i '{..U2��F?.11)R!s�t'_ '#�'� :�ur'�. �.'
<br /> G- _ 1� !''. �94 `� .r?.•;J_.� � t t �
<br /> - - =':�.r - - �� . _ �` �. � �Ll��.u:t� fa"!���E'•t"�d r�?:� � ,�:�Iri�r�a.ytt��!i�;.i�';�-'ti.Q51����+�,•.�,1��', J .�.•�,. '•j. ',tr-, t
<br /> ; — =�#'�:.spfly dir�hargc at � ��:� �':±�., �.�`•��., _ r _ ,r- .- '�. .
<br /> ';�.; t' . . �.` , _=t:i,...� _r_, �*•- „r_ :_.:1;, . -•�_... i_ .••r,-SSi..Y.r"f:.. ".r!£�.:i�',T_r`_' 1� }_�
<br /> . ProRe�N a�Y P����` � .,.. � ��` ;, ntsor reliel erein�ryt� � t � � ;' ,
<br /> � . ` �. �. �.En�M Oem�ln.Lender is hereby?��ed a0 campenaatir�:;,�wards.clamages and oe�e+r Ix�.1�t� l� , , ; : ,, p �
<br /> � °praceads'ti in connecUon wiUf cortdemn�iv+i o�other taking oithe�re��hy or partthereot.ortor ccvty�tince in liqu ot condetandu . , ,;.,�
<br /> , � ,i_;_ _ . ` __ ya�,����dn�y��t ib opdon to commence,appear in aed proaecute In Its own name aa,ti action or proceedings`��td: t� �
<br /> .� ' ° � ' shs�t e�so be enUUed to make any Compromise ot s9tt(emenf In Ccnnectio�wlth sueh taking or damage.tn the event any pORton ot -
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<br /> � , . . � O1lr/1rwM��r�YNCamera�trurr�e�nryt/Wec�Man lmeeb.N�a�u _ i
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