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<br /> =::4 ti_ Fire Po3�►tai D�a1[,;'� lebra�ta Corp....,..; -
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<br /> FpR iDlL�.1AgLE`qQli�A11(�I�3ttctudiag Lende�'a ext@nsic�01 crodft ide�ifled here�rr Zm . � : _
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<br /> ,�;" i A1td �![itiC�,G ����� °r�.'-�:.:, '�(hereia"�ower'.whether one or r.rc�e!and the Lust[ierein c�a1� • ,�l��`�,�_
<br /> � �'� the receiFtaY arl5ici�,ta�r�86y aaknoi�.�ged.Trustcrheteby i�LKY 9rente.tranafero,C�ti�E3 and asai�ns m Tn�sae�-'Ih4
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<br /> TRUST.Wl�'►:�gOW�G��11.�.farihe�sertef'danasac�trityofterrder iu3"erandsubjecttathe�*:rs�andcondiUonsfiereinafte�se2 • . _ -
<br /> '' k�`��!��'�01�ClIONLL i.0! THR�E i3� i� FR�C'fIOUL �LOC� � _
<br /> 'nIQtY-ONB �21T � RUS&6[: Y11B61.ER'S ADDITY���ID I4'S E'�LEIIB�'1' TO MI't �Y� -�
<br /> � FiGClIO�A1. LOT ?ilitHB E3r i1 FRACTIOM�I. 81.00[ aEt1I I�11.li.CLA�•S ADDI�'IO�. _.—�.
<br /> ,. ���, BGTIt D6��ti ADDITIO�S '[b�7N8 CITY OR GttAND IS[�ND. WW. C01lYTY� I!elR�. -;=��x,�;;-
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<br /> � Toaethsr witN a(1 buitdinga.lmprovements,fixtures,streets,attey9.passageways.easements,rlghte,privitepes and appuKe- •.•�,�_+«:'. -
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<br /> ' � na�cea laceted thareun or Fn Anywise peRalnirt�thereto.and tha rents,issues and profits,reversions and�emalnde�a thereof,and
<br /> - such peraonal prupeRy that►s attached to the improvements ao as to conatitute e 5xturs,lnctudinp,but not llmlted to,heaGnp itn0 •
<br /> � .�; coolinp aqulpmen�end topather with the homestead or marital interests,it 8ny.whlch interests aro hereay released and waived:aIl
<br /> ot whlah,tnctudin��epinaemsnts and additlons thereto,is hereby declared to de a partof ths real estate sscured by the lisn otthls ;
<br /> � . Oeed ol Trust ana efl ot tba[are�olnp beinp reteRed to herein as the"PropeRy". � _ , : � +:-
<br /> � ° This Osed of Trust ahaitiaacuro ta)Me payme�t of the principat sum and taterest evldenced by a promiawry note or credit � . � ..�_°
<br /> �, fi�p. 13. 1991 ,i
<br /> apreement Aated K�y� 16. 1991 .havtng a maturity date ol • �,� '�_
<br /> , .� in the orlpinal p�lnaipal amaunt of S 31•�'� .and any and all modiHcatiana,extensioaa and renewala ;, :;
<br /> • thereof�or U�ereto and anp.and aIl tuture advances and readvancea to 8orrower(or any of them it more than one)hereunder t � ;,,�,_
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<br /> - pursWint tq ene ar�mare promissory notes or credit asreementa(herein celleQ"Note");(b)the payment of other suma adva�ced bM ..;;;�••-
<br /> .�.. Lender�ta protaat St1e saGUrity o1 the Note;(c)the peRormance ot all covenants and ay�eements ot Truato�set forth h�relm,and(ct'{'{ati �•� .?:_,
<br /> pfe�ent aad lutute ifldtl��edoe�a and oblipetions ot Borrower(ot any ol them H mcre than one)to Lender whether dlrect,indireG, ��-. ��;4.,,.
<br /> abaa�u�a m�oomin�ant�and whether arising by note,guaranry.overdratl or otherwise.7he Note,thla Oeed ot Trust and any and au =•���:,
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<br /> ° a�ar.daauanWtfi�!'secursthe Note or otherwiseexecuted ln connection therewith,includingwithout limitation guarantees,secu►fty _.
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<br /> �` aq�pamenW and`bsi+qnmenta ot teases and ronts,ahall be referred to herein as ttle"Loan Instrument�". ;-'' �•• ' ��,i•��;r;
<br /> f • '{ ; T[ustonCOrert�nl9 and agrees wlth Lender es follows: ' "���
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<br /> � � 1,Paynl�iff�ol l�All Indebtedness secured hereby shall be paid when due. �; •
<br /> 'r '. � I , p.�.7rustor ig the owner of the Property,hae the right and euthoNry t0 Convey t he Prope rt y,an d war�a n t e t h a t t h e,li e n �_ � . .'.
<br /> �; ,; created hereby is a tlrst and prior lien on the Property.e%cept for iiena and encumbrartcea set torth by Trostor in wrlting an0 '+ .. . ,:,.,�;-
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<br /> .��' dtlUVered to tender beto�e execution of thia Oeed ot Trus�artd the ezecutlon and delivery otthi9 Oeed ol Trust daes not violate�ng r;' '•' : s�",},,-,:
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<br />;;.��,, : , ,contr8cl orother obUgation to which Truator is subject i . .:;�,s,;t:,
<br /> 3.Ta�.Af�s�n�nb.To pay betore delinquenay a�l taxea,speCial assessments and a11 other charges againat the ProRert/ , ..
<br /> �' ''`-"• ' now or hereafter tevied. :
<br /> . j� Y� ' 4.tmwane�.To keep the Property insured against damage by f�re,hazards+nc�uded w,thin the term��extended Coverage".and , �
<br /> ,.� such other hazards aa Lender may requl�e,in amounts and with companies acceptabte to Lender,neming Lender a�an additlbnal �
<br /> _ � , namad lnaured,wlth toss payabte tu the I.endec In case ot toss unde►such policies.the�ende�is authorized to adjus�callect and 1
<br /> ' �, {t�•��"�,'' compromisb,al!claimsthereundei artd shall havethe option et applying aIl or part of tttg insurance proceed�(�)to any indeMednes� �
<br /> �=�>__- aecured he�eby and ln such order as Lender may determine.{ii)to the Trustor e0 be usBQ for the rep8it or testOtatiOn Ot the Property
<br /> �'�G==��`� � or(iii)toranyotherpurpoaeorobJectsaUstactorytoLenderwithou�aHectingthelienotthis0eedolTrustforthefullamountsecure4 �.
<br /> ?' • heraby bebre auoh paymertt ever took ptace.Any applir,ation of proceeda td Indebtednesa shell nof extend or postpone the due !
<br /> - ��"'� dats of any paymenb u�der the Note,ar cure any+ida�H thereunder or hereunder. � .
<br /> ` � ���� �•�•�� S. Eaorow.Upon written demand by Lender,T`iva;cP s�all pay to Lgnder,in such manner as��nde►may designate,suNlaient 's �
<br /> - - --, �= ��`�'.�. `r�''' �- sumstoen�bietendertop$yestheybecomedueo�t�orsnoreotttr�'attnwing:(i)aptaxas.assessmentsandotherchargesegainst f . ._ _
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<br /> ' r,'r; ` '���'`�`��•;�'��'� the Property.pi)the premiums on ihe property ins�cFararreqairod Mereunder,and pi,)the p�emium9 on any mortgage lnsuteaCe ,
<br />',,". �•,;;y. ��_ �.� ., � _. . required by Lende�. .,. •.•...,; .
<br /> � �;;,�. . g, I�Y�f�nan�,y�ppsks and CompNanc�wlMt�Trusibs�hall keep tne PropeHy in gaad condiUon and repair,sha11
<br /> , � "'� r'�'.' � `�', ' � promptly repalr.ar replaice any improvement which.may ee da�raqed ar destroyed;shall nm eommit or permlt any waste ar
<br /> � .x�: �:' �� , dMerioraUGn ot ths Property;sha0 nof remave.demolish or substantf�3ty a8er any at the improvements on tfie Prpperty:shafl nat
<br /> ` �- ����� eanmN:suMe�oi plrmtt any aotto bedone in or uponthe Propertyr irr:via�atlon ot any law.ordinance,or reyutaUon;and shall pay and :
<br /> ... �
<br /> -��-.-:.�-.:.��� promplly dlicharge ef trusmr's ccst end expenae aIl liena,enoum'�rances and cha►ge!tevied.imposed or assessed ageinat the � ' �
<br /> _- _<;,_ . ,-_ :- Propetty or arn►Put thereof. _ . . . . . . _ _ . . ' •-_ ---
<br /> :..��:: :•,-:; . 7,E�f OoeeaU�Lender is hereby assigned ett compensaNOn,awards,damage�and other payments ar relief(herelnafte� ,
<br /> �� •�` � "Praeed!1 in connetfton witM condemnallon or other taWng otthe Property or pan thereof,or tor convoyance in liau ot eondemna, �
<br /> '"'' tlen.Lender shall bs en�Uaa at its option to eommence,appear in ane presecute in ib own name any actton or praceedin�and (
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<br /> ' :��.''.��° " • eNatf at�o 6e andted ta rnake am►campmmiss ar aat�ement rn connectlon wiH�such faWng or Qam�ye tn the avent any ponlanat � .
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