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<br /> pEED OF TRUST WtTH FUTURE 11DVANCE3 � �
<br /> � THIS OEED OF TRUST.ts msds as otths �b My o�� Jul� .i9�1 by and� `
<br /> fhs TrwOor, . '
<br /> • yviw�msilinp address i� :whetl�a one a more)�
<br /> . ' ths Tn�MR �Fiv� Paints �nk - r�s:��s� r�e .
<br /> - - � ,M,ose inaarn�a�a�ss.is r.a�Ho�C lss� `[�aaa Ll.sa. 1� 6e8n : (�ein~Tru�s'�:ana. .. .- .:
<br /> � �g�wy, Fiv� Polnta 8�nk _ �. :
<br /> w!w!a�na(linp a4dress is—� Be: i5e7 c;r.wd i.iand, � . -15A7 _ (f�erein"Lender'7. -
<br />___.
<br /> 'F(3A VALUABLE CON8IDERIITfON,including F.enders exieission oi c�edit ldentiAedt►eieti�to �� i' ��� , �
<br /> -_ - t Joinn S 6iakhot'!-- - --- -- ---. -._ (hereln"Bortowe�`.wfie�er one or more)entl Me trust nereln cr�ated "
<br /> tlfe�ecetpt of whiCA is hereby acknowled9ed,'Titi,stor hereby irrevocabty graats,transfers.conveys and aasigna W Truslse.IN -
<br /> ;e� TRUSf WITHPOWEROFSAl.E,forihebenet'dandsecuriryefl.ender.underandsubjecttothetermsandcondittonshereinat0e►set
<br /> '� . i0rl(�,1[�e r 1 prapwty de�cribed as foltow�: '
<br />,� l.�ot:..�pbt�n �18?. ia,Q i B Svbdivi�ian,. ��sll County. MDs�si�s.
<br /> •-• To�sther wiM ail buildln�s,i�rtDrovements,tixturea,atreets,aftey�,passageways,easements,riyhts,privite�es and appuAa-
<br /> nances Iocated thereon or f�anywise pertaining thereto,and the rents,issues and profits,reveraions and remainders Mereof,and
<br /> aucb psrsonal properly fhat is attached to tAe improvements so es to consdtuta a flxture,includinp,but not limited to.heptin�and
<br /> coolinp equipmantand topetherwith the homestead or marltal inte►ests.If any,which intereats are hareby releaaedandwaived:all
<br /> of which.IrtGudin�repiacements and edditions thereto,is hereby declarea to de a part ot the real esfate aecured by the liert of this
<br /> DeeA M Truat and ail of tde fore�oing heing rafened to herein as the"Property".
<br /> � ' This Oeed of Trust shall secure(e)tt�e p8yment ol fie principai Sum and�nterest evidenced ty a promlSSary ftote or credi! - •
<br /> .- a9r4e�ment aated Su3----�0.-�93� .hav;ng a maturiry date ot �,+g. t�. �� .
<br />-- tn ths afqinal princlpal amount Ot s�lA�O45_50 ,and any and ail modiAcations,ex�snsions and�enewata
<br />- thereof or theteto and any aad all tuture advances and readvances to Bor�ower(or any ot lhem if mare than one)hereunder
<br /> �� pursc�a�nt to one or moro pramissa�ry nMes or credii egreemen�Eherein cailed"Note'�;(b)the�ayment ot other aums a4vetneed by
<br /> Lendirto protecfthe securttyr oAif�yote;(c)the performance o�atl cqvenants and agreemer.��c¢Trustor aettoRh herein;ae�d(d)atl
<br />•-;':�,r present end future lndebtedne:a and obii�ationa ot Borrower(or any o!them if more than one'j to tender whether direcE mdirect,
<br /> �.,c: eb�olute or contlnpent and whether arlsiny by note,guaranty.averdraN or o�e�wlse.The Note,lhis Oeed of Trust and any and all
<br /> �'��' � othe�docuents thatsecursthe(Yotear otherwise executed in cannection ther�:�inctuding without flmita�:an gu8ranteas,aecurlty
<br /> .,�,;
<br />`'`�:�='''` a�rdenfents and assiynments ol teasea a�A rents,shall be raterred to here;^��::�t,",9"LOan Instrumen:s".
<br />°-;ft�;'� Trustor cavenanb�nd a�rees with Lender aa foltorvx , _
<br />•;�': �: rj�nNM d Ind�bNd��Ail indebtedness aecured h�*ehy shail be Gx��when C�� :
<br /> "' ' `' 2.Till�.Trustac i�the owner o1 the PropeRy.has the rig`.t and authoriy to convey tT:a�:operty.an4 wahants that the lien
<br /> �.�:i;� Created here b y is a firsi arni prior iien vn tha�roperty.excapi 4ar{iens ar.�Caeumbrsn�s.�torflr tsy Truetor ln wiiting and
<br /> , dNivered to Lender before executlon olthis Oeed ot Trust,and the execution and 4ellvery o1 tr,:;QeeC mlTruat doe�noivlolate any
<br /> � contract ar other oblipaUon to which Trustor i�subject.
<br /> : , 3.TaxN�AMasnNnb.To pay before delinquency ali taxes,speclal assessments artc!af1 other cna�ges againat the Property
<br /> � now or hereaRer levied. ,
<br /> • 4..iMUnne�.To keep the Property Inau►ed against damage by fire,hazards inc�uded within theterm"extendedCOVera9e",and
<br /> • such other hazards as Lender may require,in amounts an0 wlth companies acceptabte to Lender,naming lender aa an additional
<br /> named insured,with bss payabte to the Lender.tn case o1 toss under such policies,the�ender is authorized to adjust,coltect and •.
<br /> • Compromise,a(1 ct�imsthereunder and ahall havethe optlon of apptying all or partof the lnsurance proCeed9(i)to any indebtedness
<br /> secured hereby and in such order aa Lende►may determine.pi)to the Trustor to be used tor the repair or restoraUon of the Propertyr -
<br /> • f: or(ili)tor any other purpose or obJec!satisfactory to Lende�withaut aNecUng the uen o1 this Oeea ot Truat tor the futl amoune secured
<br /> _ hereby before suCh payment ever took p�ece.Any appltcation of proceeds to indebtedness sh811 no!extend or postpone the due
<br /> .. �of any paymerns under the Note.or cure any defauit thereunder or hereunder.
<br /> , � 5. E�ero�r.Upon wrltten demsnd by lender,Trustor shatl pay to Lender,in such manner aa Lender may dealgnate.sufflcient -
<br /> --�-• sumstbenable Lander to psyaathey becomedueonear more ot the toltowing:(1)a11 taxes,assessments and other chary09 a�ainst
<br /> _ �� the Property.pi)ths premlums on the property�nsurance tequired hereunder,and�1ii)the premiums on eny mortgage insutance
<br /> nquirrd by Lender. �
<br /> "� 8. MMnMMUne�.R�pdn and CoropYuk�vrNh Laws.Trustor shatl keep the Propertyr in good condition and repair:shall
<br /> �` promptly repd►,Or rlplaCS any improvertlent whieh may be damaged or desUayed:shett aot cammit or permif any waste a►
<br /> �eMriontlon ct the P�opeRy;ehalt not removs,demoNSh or su6sfentlaliy alte�any of the improvements on the Property:shall not
<br /> � commi�sWfer er permi!any actto 6e dorte in or upon the Property in viatatien ot any faw.ordinance of reputation,and shall pay an0
<br /> • prort�pUy discharps at 7rustar's cost and expen�s all lians,encumbrtnce�and ehar�es tavled,impolaA or alsessed e�ainet the
<br /> P�op�yelry�o}r�uryyt}0���r�o�f.en`L p��me �.^.� ` ��y�� I-�!{{���_`-�{� ^1,I�w+. �{ ��y�
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<br /> � ' - "proctids'�in�onneedon whb conQemnation or other fakin�of the PropeAy or paR thereot.or tcr conveyanae in 11eu ot condemna-
<br /> � 'i� fbn.Lafdu shall6s aMittb at Itt opUOn to CamtnenCe,eppear in and proseeuts in ib own name am►acUon ar praceedinpi,arM
<br /> { shaN alao be antltlae to maks any comprami�e or satttement in connection wlth such fakin�or Qamage.In the event any poMOn ot
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