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99108681
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Last modified
3/13/2012 7:10:46 PM
Creation date
10/21/2005 12:34:33 AM
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DEEDS
Inst Number
99108681
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. 9�- s��ssss <br /> 3p. DEFEASANCE AND RECONVEYANCE BY TRU8TEE Upon tha paymerrt and_psrfortrenc�fn full of all of ths Obligatlons,Lsnder will execute and <br /> deliver to Grantor those documents that mey be requlrod to releate this Daed of Trust of ncord. �rantor ahall be responsible to pay costs of <br /> recordation and reoornn fee cherped by Truatee. Upon written requeri of Lendsr atatinp tha!all aums eeaiired hereby have been pei�endupon <br /> eea <br /> surrender of this eed of rust and any note to Truatee for cencellatlon and retention end upon payrt�errt by Lender of Tn�stee'a fees, Trustee ahall <br /> reoornrey to Lender.or ihe person or peraons legelly erttitled thereto,wfthout wertantY,enY Portlon of aeld a�ert�ises then held hereunder. The redtals in <br /> such reconveyance of eny matters or facts shall be condusive proof of Me truthfulness thereof. The g�anteeln arry recorneyance may be described as"the <br /> person or peroona legaly entkled thereto". <br /> 37. CONSTRUCTION LOAN. ❑ Thla Deed of Truat la a conatruction mortgags under the Uniform Cortrnerdal Code,to aecure an obligatlon fncurred for <br /> the oonstruction of an improvemertl on lend,Indudlng th•aoqulaftion costs of lend. This Deed of Trust securee a oonatruction loen,end ri will be subject to <br /> the tertns of a oonatructlon loan a�eement between�3rarrtor and Lender. My materlals,equipmerrt or supplles used or irrtended for use In the construction, <br /> developmerrt,or opsration of the Property,whether atored on or off tha P ahall also be wbject to the Ilen oi thls Deed of Truat, and Orantor,or <br /> Grento�'s �ector if loen proceeds are peld to such corrtractor, shall y the loen proceeda to the payrnerrt of lawful daims for labor and material <br /> fumished for such construction. <br /> 38. WAIVER OF HOMESTEAD AND OTHER EXEMP110N3. Grantor hereby watvea all homestead and other exemptlons In the Property to which <br /> (3rentor would othervvise be entttled under any applicable law. <br /> 39. JURY TRIAL WAIVER. GRANTOR HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY CML AC710N ARISING OUT OF,OR BASED <br /> UPON,THIS DEED OF TRUST. <br /> 40. ADDITIONAL TERMS: <br /> (3rantor aclviowledgea that Grantor haa read,underatanda,end agrees to the tem�a and conc�tlons of thla Deed of Trust,and admowledges receipt of an <br /> exad oopy of same. <br /> Datedthis 27th dayof Auqust, 1999 <br /> G GRANTOR: <br /> BLL PT. <br /> GRANTOR: CiRANI'l�R: <br /> GRANTOR: GRANTOR: <br /> C3RAN70R: GRANTOR: <br />
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