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� � �� � 99 10675�� <br /> r_3d. DEF�ASANCE AND RECONVEYANCE BY TRUSTEE. Upon the paymern andperformance in full of all of the Obligations,Lender will execute and <br /> deliver to Grantor those documents that may be required to release this Deed of Trust of record. Grarnor shall be responsible to pay any costs of <br /> recordation and any reasnveyance fee charged by Trustee. Upon written request of Lender stating that all sums secured hereby have been paid and upon <br /> suRender of th�s Deed of Trust and any note to Trustee for cancellation and reteMion and upon paymem by Lender of Trustee's fees, Trustee shall <br /> reconvey to Lender,or the person or persons legally erititled thereto,without warranty,any portion of said preMses then held hereunder. The recitals in <br /> such reconveyance of any matters or facis shall be condusive proof of the truthfulness thereof. The grarrtee in any reconveyance may be described as"the <br /> person or persons legally entitled thereto". <br /> 37. CONSTRUCTION LOAN. ❑ This Deed of Trust is a construction mortgage under the Uniform Comrneraal Code,to secure an obligation incurred for <br /> the construction of an improvement on land,induding the acquisition costs of land. This Deed of Trust secures a construction loan,and it will be subject to <br /> the tertns of a construction loan agreemeM between Grantor and Lender. My materials,equiprrient or supplies used or intended for use in the construction, <br /> developmerrt,or operation of the Property,whether stored on or off the Pro rty, shall also be subject to the lien of this Deed of Trust, and GraMor, or <br /> Grantor's coMractor if loan praceeds are paid to such contractor, shall appfy the loan proceeds to the payment of lawful claims for labor and material <br /> fumished for such constructio�. <br /> 38. WAIVER OF HOMESTEAD AND OTHER EXEMPTIONS. Grantor hereby waives all homestead and other exemptions in the Property to which <br /> Grantor would otherwise be emitled under any applicable law. <br /> 39. JURY TRIAL WAIVER. GRANTOR HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY CIVIL ACTION ARISING OUT OF,OR BASED <br /> UPON,THIS DEED OF TRUST. � <br /> 40. ADDITIONAL TERMS: <br /> Grantor adcnowledges that Grarnor has read,understands,and agrees to the terms and conditions of this Deed of Trust,and acknowledges receipt of an <br /> exact copy of same. <br /> Datedthis 27th dayof April, 1999 <br /> GRANTOR: GRANTOR: <br /> � � • <br /> EDWIN D STILLINGER <br /> G R: GRANTOR: <br /> ATRICIA TILLINGER <br /> GRANTOR: GRANTOR: <br /> GRANTOR: GRANTOR: <br /> NEDOTE Rav.1297 Papo 6 d 6 <br />