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<br /> -_�-��� ot o�la p�ovide�t tor In the Dae�d of Yrust provldea euha4antlaltY different rlpht�and abllyatlonA to Yruat�rthan n mo�tyeg��n iheavant --°-
<br /> �, ��-���.w� of e dehu►1 or bre8oh of obU�allon under the Dned of T�uAt,lnaluding,but na!Ilmltpd tp,tha l.pndAr'e tipht t�heve tt�4 praperqr aotd �'` .- _.:..__.-__._:-_
<br /> �� _s by ths Yrtrst�e wkhrwrt any hidictet prooeedtng.'�rueior ropresa�te an tvar►a�ihet thta aotm�i adqo�tont�ae ex�utr.�f Dy __ - -
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<br /> � .. D�BO OF Yl9U9T WITH FUTU�E d10VANCE� �� .�.: i� ;' *�
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<br /> /.� , . THI9 OE�D OF TRU97,Is made ae of the..�gth day of _ Jun. ,�g g3^by und amon '�'j���`���-����°
<br /> . 8 ,_.�_ — -;
<br /> ` `` � Olean A �lilsan, Jr. � Con�tanae £ Milenn , husband and vi,i� '" `
<br /> , .: � ' � . the Truotor.�. _ --- - --- _ „_� -�:�F "sY, :2.'�'.:�,,,:
<br /> . P 0 Box 5201 Gr�nd Ia��nd ^ , NC,60802^92W1� ��` �_,�,:;��`a
<br /> � . whoso malling addresa ie _ _ ,_,_, {horoln `Truator; whothar one o•moro), �1 �,:.,. ,-
<br /> " Five Poinl� B�nk, a Nobr��ka Cosporation �, • °��'�`�
<br /> � tho Truatoe, .�. _ ,... ��:-�'"`
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<br /> � � P.O. BoK 1507 tirand Imland. NB 6E!&02 . �,�� .:
<br /> ��, ' whose malling addrasa Is -- _ (horeln "T�d818Q"),and � � ;,!:.,��.
<br /> _ . -- -- the BeneNai�ry, F�ve Point� Flenk_ � � � „�:�� '` �--
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<br /> �� � wNose mauin addrasa la �ls �1. Broad�oll tirpnd Ie1�fl�� NS. 68802-1507 � ° ��i':
<br /> g ._. _. (horol�"Londor").
<br /> Glonn R Mil�on� Jr. ' � �,,� ��,�
<br /> , FOR VAL.UABLE GON8IGERATION,Inoludln�lendor's extenaion ot orndlt idantlllod horeln to.� • � ' �
<br /> , 8 Conatanae 3 Mileon "� ,, " �`��
<br /> ___.____ (hare�n"Narrowar",whether one or m�•01 and the t�uet i'uiieln�roaWd, --. "- �� ..:: :�ir
<br /> ' . tho racolpt uT witloh Ib hareby eaknowledgod,Truatar horeby Irrovooab�y granis, 9n8forb,conveys and asaigna to Tn�atao, IN , �
<br /> ' ' TRUBT,WITH POWER OF 9ALE,tor the banatit and eocuriry ol Lender,under and a�,ujeat to the terma�and aondNiona hereinatter aet " .+�.}' .
<br /> farth,the ree{proeert�r,dosarlbad as tollowa: �• ��� ,� ,•�+r{':
<br /> ' � Suils 21 C MindAOr SQu�re Condow�aiu� Prop�rty R��se in Jnit 3, Lot 2, • _ t, -
<br /> • 91oak 8 �teplat� Continenlol eordena. *n Addition !o e City oi Iira�nd Yeland� � � �
<br /> ; Nali CaesraiY. !lsDraeka¢ — . .
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<br /> , • Together with all bulldlnps.�mpravementa,tixturos,atroota,nlleys,paesayewaya das�amenis,righis,pn�lleges and appurte• ' •
<br /> - --- ---��__
<br /> _ -: _- ----- - iiancoa ioaaieci ihareon or t�anywiee pe►to�ning tnarpt0,anq tn9 rent9,tseuea ond protita,reveralona and romaindera ttlere0l,8n0 � . ,: . . �..
<br /> supl�peraonal property that ia attAOhAd to the Improvementa so as to constltuto a(Ixture,including,bul not Ilmltod to,heaHng and �
<br /> cooling oquipment;and together with the homeatead or man1Al intereats,fl any,whiah fntorepts aro hareby relepaed and waived;all
<br /> �' , o}whioh,Inoluding replpcem�nta and addttlone thereto,la horeby doolared to be a part of the real oatata seoutpd by the ilon oi this fi •
<br /> . Doed o9 Trust And Ail oi tho torogoing being reforred to hero�n Ae thp"Property". ��
<br /> ' ThlB Cead ol Truet ehAll secu►e(a)the payment ol the pr�ncipal uum and intoroot ovldoncod by a promtseoty not�or pradlt `"
<br /> � ' agreement dAtad ��Q�.��i.._h 19q3 ,heving a matunry date ot _.__. Junv 10lh 1998 , , '
<br /> ,
<br /> � in the crlglnal principal amount ot�.._—?6.098.50 ____.,and any and alt mpolfioaHpna,oxtenatona and renewals I , ' .
<br /> , ihereot or thereto and any and ail tuture advancea and readvancea to Bor�ower �or any ol them if u�ore than one) horeunder 4 .•
<br /> pur8uant to one or mare promiseory notea or oredit agrpomenta(ha�oin cAliod"Notd");(b)the payment pf otha�eums advAnced by � ' •
<br /> Lender to protect the seottrity o11he Note;(01 tha pe►formance ot ail covonants and agroemente ol'hustor set forth heretn;and(d)aii � '
<br /> •. preeent antl tuturo indobtodneas and ob8gatlona o1 Borrowor(or any ol them il moro than one)to Lender whetho�direct,Indireot� I
<br /> abaolute or contingent end whether arlsing by npte,guArinty,overdralt or(,therwise.thfl Note,this Reed of Tru�t and any and a11 �
<br /> othar do�uento tnat seouro the Note or otherwisa axecuted In connection Iherowith,mcludinp rvithout Umitetlpn guuranteve,aeauriry ,
<br /> aflr�omenta and aesipnments ol laasas and ronta.ah�ll bo reforred to horam as the"Loan inst�uments" ,
<br /> , Trustor covonants and agreae wlth I,endar aa lollowa: � '
<br /> ' 1. Paymenf o1 Indebtednoto,All Indoblodnoas socured herdpy ehall 6s paid when due.
<br /> � � 2. Tille.Truetor le the owner ui the Property,has the rlght And Authorlty to convoy thp Property,and warrants that the lien
<br /> oreated herpby IR a Ilrat pnd prlor tlen an the Property,except for t�ens and ancumbrancos set fo��lh by Truetor In writinp and
<br /> ' delivered to Lendar bvtorA executlon ot thie Deed ol T►usL and ihe oxt�cutton and dolivery oi ihia poed of Truet does:tot vlolato ony
<br /> contraat or other obltgatlon ta whlch Trustor ta sub�ect.
<br /> ' 3. TAxef,A�teaamento.To pay befora clelinquency all taxea,apealnl Aeseasmenis and All other cherges uqalnst the Prope�ty
<br /> , � now or hereaftar levled.
<br /> 4. Inturanao.To keep the Proparty lnaured agalnst damctgo by Nra,hazarda inc�uded wlthln thd term"oxton .ooverape",end
<br /> auoh other hazards as Lender may requlre.In amounts and wlth companiea pcceptable tA Lender,n�m�np 4ender as an addlllonel �
<br /> nemed inaured,with tose payAble to the Lender.ln caet�of loas under;,uch pollcies,the Lender ia authprlZOd to ndJuuL collect and �
<br /> _ _ ----- _- __ .--- i+omp►omisa,el!elelms lhe:oundor snd�ltal!havo tFo aptian of appiying ali ar pa�i oi Eite ingurance prvicevde(�)to any indnbted�jnye •
<br /> • aeoured hereby and+n such prd�r as 4ender may dotormina.�iq to the Trustor to be used for the repaU or resroratlon of Ihe Properry
<br /> o►(Ilp for any other purpos�or��b)ect eatis}actory to lander withoul Altecting tho Ilen o1 thia Daed ol Truat}or the tull amount aecured
<br /> � . horoby botore such paymant ever took plaae.Any AppUCAtlan of prpceeds to indebtadnesa dfiull nol o�tond or postpono the duo
<br /> • • date of any paymenta under tho Noto,or cure eny dotaull therounder or hereunder.
<br /> , 6. BYOrow.Uppn written demand by Lender,Truetor ehall p�y ta Lender,In euch manner as Lendpr mAy doeipnAta,euHiclent
<br /> �1 ; sum9 ta enAble londer to pay as they bacome due ono or more ol the tollowing:(1)all taxea,asaeasments and other ahargos egainst
<br /> the Property,(il)ttie promlumb on the property Ineurance requlrod hareunder,ond(lil)the premlume on any mprtpaga inaurance
<br /> . 'a � requlred by Londer.
<br /> 8. blalntsnunoe,Repaln and Complianoa wNh Law4. 7rustar ehall koop tho Proporty In pood condipon and repelr ehA11
<br /> . � promptly repalr,or replace any improvement wbich may be damAged or destroyed; ehall not commit or pormlt eny woete or
<br /> ' 1 `�• • deterlorAtlon of the Propetty;ahall not rdmove,demollah or eubetanHally a�ter uny p}tho Imprpvementa on the Propertyr:ehail not
<br /> aommit,suffer or permlt any aot to be done in or upon the Property In v�alatlon o1 any Inw,ordinance,or rogulatlon;and ahell pay and
<br /> • promptly dlsaharge at Truetor's cost and expenea atl Hena,encumbrancea and ohnrges tevled,Impoaed or oeaeased ogotnat ihe
<br /> ' , P►opertyr or any part theroof.
<br /> � 7. 8min�nl Qome�n.Lender le hereby aesipnod all oompeneatlun,awArde,domagea end other pAyments or rellel(herelnaRer
<br /> !� "Proceeds")In oonnvctlon wlth oondemnatton or pther taking ot tho Proparty or pprt thereof,or lor aonvpyanco in Ilou of condemna-
<br /> , �• . tion,Lender ahall be ontNled at itd optlon to commence,appear In And p�osecute In ite own name any actlon pr proceedinps,and
<br /> ehall also be entilled to make any compromise or settlamenl in connoctlon with euch lakinp or dnmage.In the event any portion o}
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