Laserfiche WebLink
, , _ <br /> - 99 107628 <br /> . 96. DEFEASANCE AND RECONVEYANCE BY TRUSTEE. Upon the paymerrt andperfom�anoe in full of all of the Obligations,Lender will execute and <br /> deliver to Grantor those dxumerrts that may be requlred to release this Deed of Trust of reoord. Grantor shall be responsible to pay any costs of <br /> recordation and any recorneyance fee charged by Trustee. Upon written request of Lender stating that all sums secured hereby have been paid and upon <br /> surrender of this Deed of Trust and any note to Trustee for cancellation and reterrtion and upon paymeM by Lender of Trustee's fees, Trustee shall <br /> recorney to Lender,or the person or persons legally ertdtled thereto,without warraMy,any portion of saidp��ses then held hereunder. The redtals in <br /> wch reoorneyance of any matters or facts shall be condusive proof of the Vuthfulness thereof. The grarttee ln any recorneyance mey be descrfbed as"the <br /> person or persons legally errtiHed thereto". <br /> S7. CONSTRUCTION LOAN. ❑ This Deed of Trust is a construction mortgage under the Uniform Cortrrwrcial Code,to secure an obligation incurred for <br /> the construction of an improvemerrt on land,indu�ng the acquisition cost=of land. This Daed of Trust sacures a constructbn loan,and it will be aubject to <br /> the tem�s of a construction loan agreement between Grarrtor and Lender. My materials,aquiprr�nt or wpplie:used or intended for use in the construction, <br /> development,or operation of the Property,whether stored on or off tha P shall also be subject to the lien of this Deed of Trust,and Gramor,or <br /> Grantor's cornractor if loan proceeds are paid to wch corrtractor, shall ap�e loan proceeds to tha paymerrt of Iawtul daims for labor and material <br /> tumiahed for such constructlon. <br /> 38. WAIVER OF HOMESTEAD AND OTHER EXEMPTIONS. Grantor hereby waNea ell homeste�J and other exempdons in the Property to which <br /> Grantor would otherwise be entitled under any applicable Iaw. <br /> �. JURY TRIAL WAIVER. GRANTOR HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY CIVIL ACTION ARISING OUT OF,OR BASED <br /> UPON,7HIS DEED OF TRUST. <br /> 40. ADDITIONAL TERMS: <br /> Grantor aclmowledges that Grarrtor has read,understands,and agrees to the tertns and conditions of this Deed of Trust,and ac�owledges receipt of an <br /> exact copy of same. <br /> Datedthis a9th dayof Juae, 1999 <br /> GRAN GRANTOR: <br /> TO L R <br /> �G�: ` GRANTOR: <br /> TAI�IlKY J. I <br /> GRANTOR: GRFJV1bR: <br /> GRANTOR: CipAN'IDFt: <br /> NEOO��r.�� Paa.sae <br />