|
, . ,;�
<br /> ' • • •�� a.v� ;,• �'-. �1.�.
<br /> .1' �.t .
<br /> w
<br /> .:rt� . . .... ���
<br /> . ��
<br /> • �
<br /> ACKNOWl.ED�lMBNT OF DBlD OF TRU�T
<br /> ���,�.���: g�: ��2
<br /> Tnnlo�und��Ify11lM doaumMM tMt Tru�lor b aboulro�x�ouM Ia.ONd a Trua u�d eel a matp�uid MMt th�poww
<br /> of wts provkNd Ior I�+tM OMd a T�wt provldN wb�nelaly dNhr�nt�hb�nd obllp�Mon.b TnalnNhan a morpp�In tlN�wM
<br /> � of��ult a bn�ah of obtlyatbn und�r qN OMd of T►usf,Inoludtnp,but rnot Ilmlt�d to,th�Lmd�'��M b th�Prop�rty�otd
<br /> b�r p�TruN»wHhout iny�udiolN prooMdlnp.Trwb►npnMnb�nd w�rr�m�that Ihl��ok t wr�x�ourd by
<br /> TruMor bMon 11��x�outlon W IIw OMd of TiuN. � �
<br /> PAT . ITH�/f Tru�ta wb�ad
<br /> �� T !Y�
<br /> ii�T�LI6 A. MCNBIL T�► Mife
<br /> DEED OF TiiU6T WITH PUTURE ADVANCEB
<br /> ��`,���`''•� THIB 68E0 OF TRUST,1�mad�u of th�_��,.day ot $��- ,1�..9,3�by snd�monp
<br /> ',;. '� . ths Tiunor. PITQICK K. sNi�b s M11'��iR �_ uc�ui� � b.�.�, ■�a rif� ,
<br /> .�.
<br /> - + whow n�Nlnp addrMS I� 2521 BRAHMA GRAMD ISIJII��.T�.'���«��).
<br /> � . •�;Tit�. �1-Y. ..
<br /> i`:;;�p - '"°.'���i�;;;`" dt�TrWIN, Fiv� Poiet� B�nk� a Y� � Cerperation �
<br /> , •.,. •�,_����
<br /> � ��S . ,, �,f;.�C.,:.
<br /> �r , �;;'4���,��';�: �'';i�;:NU'� whoM m�llinp Wdrq�I� P.O. Box 1307 Gr�od Ioland. MB 6B8PZ (hsrein"Tro�t«'9.uid
<br /> ,i:r.,u,• �k� r�
<br /> � A�'�}�ti•'�• - �Y.��I�:•i�, Is.�
<br /> ' �' ,,. ,, ':,t.,� th�B�MflCl�ry� Fiv� Peiet� B�u►k , ';:'
<br /> �.�.y�. 4e„r +f�t:,;�,.��
<br /> .'1 �.. +�;�''+� whow nw�linp addras u ?�L.� M- Arn�elr�l 1 Gran�Ll�lan�+, VE- 88�2_l�� (hsr�n"L�nd�►"'►.
<br /> ;�..: ��
<br /> f,::.,`�.� a ,�, .�.. , ,
<br /> �'' 4j;;:<<� FOR VALUABLE CONSIDERATION,Inaludlnp L�nde►'s�xternlon ot oredit Identitqd herein to�°A1'RIGK K. SpITH
<br /> � � •�,, t M���.rF �_ Mr.�Fi� (herein"Borrower",whethar one or more)end the huet henin croat�d,
<br /> � ��'•�!`�`�'.`' the recdpt o1 which i�Mreby�cknowladped, Trustor hsreby Irrevocebly yranb,t�an�ten,conveye and ealpn�to T�utlse,IN
<br /> , ;!.;.d
<br /> ' � • r, YRU8T,WITN POYVER OF SALE,for the benelq and aecwity M Lender,under and aubJectto the te►ms and condidom h�►�IMlt�r wt
<br /> ---' -l-=�------,;T;�.`::' tatth.ihs reat propsrry.dezcrlb�d at tottaws:
<br /> ` � :�������''''''�'''�"''' ''r THB 30UTHERLY SI?ITY 160.0) FEET OF 1.'�i' ELBYEN I11) IN B1.00K TNREE 13) I!Y
<br /> ''�'� �'` ���f �"�� '�� SOUTHBRN ACRES ADDITIOM TO THE CITY �OF t3RAND ISLANG. HAO.L COUNTY, NBB[tASliA
<br /> � . . . . '��I%;"�;::-i;1,Yj.
<br /> l ����l��'' ���tl-�A'��•'��' �•�'r��i.
<br /> �'�,t��;}:��t It,'1.,'•:�',,�
<br /> '��' 1 ��I�li;• '�('
<br /> °1..:. ;r, ..,,,;;: .;
<br /> '���` ' �„"'i:f,;..,"f Topether wlth ell bulldln�s,Improvemente,tlxturea,atreats,alleys,passapeways,easementa,►Iphfa,pNvllOgeb and appurte-
<br /> •'. � • • nances loCatsd thereon or In anywise pertalning thereto,and the rents.Isauea and prolhs,reverabns and remelndera thereol,and
<br /> �!•� ,� such penoml propsrty th�t fs atteched to the Improvemants ao es to conetitute a liKlure,includinp,but not Ilmited to,heating and �.;��
<br /> t coolinp equipmen�and Wpsther wlth the homeslead or marllal Interests,If any,whicl�Jnte�eaq are hereby relea�ed�nd waived;all ' ��'•
<br /> ' of which,Includln�r�pl�camenU�nd addltlons thereto,ia hereby deolared to be a pert of th�real eatata soaur�d by ths lien of lhi� Eti,�;q
<br /> '�� , OMd ot T►uN and all ol M�fapolnp balnp referred to he►el�es the"P�operty". ��:
<br /> �
<br /> ��y , • Thb M�d of T►u�t�hdl�eaure(e)the payment of the prMcipal sum and interest evidenced by e promluory note or credJl �tY,.
<br /> �` , ,`"�' ayresmsnt doted Sa*to�bos i�t 5993 ,havinp a meturiry date of 5a*t�aMb_r lStA i999 . .;���
<br /> �.,��,., �.•
<br /> in the ori9iml princlpal amount ol s 15�174.93 ,end any and all moditicauona,extenalons and renewals '
<br /> i�. •.��'• thereof a thereb and any and ell luture adva�ces and readvences to 8orrowpr(or eny of fhem if more than one)hereunder �:.
<br /> ' ��,'�„t� pur'ua�t to one o►more proml�sory notes or credlt a9reemenis(herein called"Note");lb)the payment of other auma advanced by �
<br /> � �ender to protect the aecurity ol the Note;(c)the peKorma�ce of all covenenta end Aqreemente of Trustor sef forth herein;and(d)ell �
<br /> ' preaent and luture indebtedness end oblipedons ot 8orrower(or any of them II more than one)to Lender whether dfrect,indirect, !�,�
<br /> �� ebsolute or conHnyent and whether arising by note,guaranty,overdraR or otherwlae.The Note,thls Deed ol Truat end any end all ;�
<br /> >%�• other dxuents fhat secure the Note or otherwWe executed In connectlon therewith,includiny withou111mitetlon puerenteea,securily �.
<br /> • . a�reements and ae�ipnmenta ot leaeea and rente,shell be referred to hereln as the"Loan Instrument�". f
<br /> ���'`• , Truetor covonanta and apreea with Lender ae followe:
<br /> � � � � ' ° ' 1. P�ynNnt W Indsbt�dn�.All fndebtedneso secured hereby ahall be pald when due. t'�
<br /> ,•,,.:'��:
<br /> , ' 2. Titb.Truttor ia the owner oi the Prope►ty,hae the rfght and euthorNy to convey the Property,and warranis that the Ilen
<br /> ,�ti i ; ;.�•. ���, created hereby fs a firet and prlor Ilen on the Property, except for Uena and encumbrances Aet forth by TruBtor In writinp and ���'
<br /> •� �;�,�' ' deBvered to Lender before executlon ol thla Oeed of Trutt,end the execution and tlelivery ol this Deed ol Truat tloea not vlolate any
<br /> ' , '; ,�ti�7� , ,.;-'+: contract or other obli�ptlon to wh�h Truslor Is aub�ecL �•
<br /> '.�.��';p{..���.;t�?,,, :.' 3. U�N,AaN�m�nb.To pay before delinquency ali taxes,sWec�ai asseasmenta and all other charfles egalnat Ihe Property �,,
<br /> ��;�*•',1�' �'��'•�• • • , . �ow or hereaRer levied. � "
<br /> F`� �' ,.�'`; ;�' ' , , 4. M�wana�.To keep the Property fnaured aga�nst d amage by 1ire,hazards mc�uded wNhin the term"exter.�ea coverage",end �
<br /> '�' 1 '!'�� ��' � � � s�Ch other hezerde e8 Lender may requlre.In amou�ts andµ+tn comparnes acceptfl�e to Lender,naming Lendar A8 an addltional '
<br /> ;. ,,•,._,• ,
<br /> ,�t,.' � ��;{;x�,• � + ;." • r�med insured,wfth losa payable to the Lender.In case o,+toss under such polic�es,the lender�s authorlied to atl�uaL COIlet1 and
<br /> •���`��� •`� � �� ���'� compromix,all clelms thereunder aod shatr have tne option of applymg ail or pert of the insurance proceeds p)to any�ndebtetlness
<br /> � - :,�.., ,.
<br /> �.�,. ;�,.
<br /> ,�,';'.;:,. � .�,.,, � ,,,�,.�; ti .�,� secured her�by and in auch order oa Lerrder may determine,(li)to the Trustor to be used lor tAe re�ai�or re�toratlon of 1he Pro�err� .
<br /> �"�'' ,�)Yi.'' � ��5�;;;• or(IN)tor pny othe►purpose or ob�ect saastactory to lende►�vithout aHectlnp the hen of thla Deed ol Tru�t for the fu11 amount secy� �
<br /> ., �� �'};.�'+;'• , Mreby betore such payment ever took place.Any a�hcadon ol proceeds to indeblEdness shall not extend or postpone the due 'ti
<br /> i��� `� dat�of any paymenta under the Note.or cure any 6e!au�t tAereunder or hereunder
<br /> d1. ---'�.i._ 5 E�eMri_Ilnnn wrlMan rlwmand En�lwnAar Tn�stnr shall nav fn 1 onrinr in acvh nuniur se 1�nA�r�ne..iiue.nn�la �.M.r.u.f
<br /> — ...-�-^��'°-•---'--•-^-
<br /> . � � ' ```�" sum�eo�naEle lender ro pay ae they D�ccome due one or more ot trts following•(i►ai�taxes.auessements and other charyes aga�rtsl
<br /> ti'• , �, ths property,(fp the premfums on the praAerty Maurance reguuea nereunder,and pn)the{uem�c�rr!Cn eny mortyvye Inswance
<br /> � • • . rpulrad by Lender.
<br /> , . 8. Ma1nMn�na�, R�paln and Canpll�ne�wNh I.aw�.Trustor ahall keep tne Propeny�n good conditfon and repair,shall
<br /> ,• prompdy repalr,or replece any Improvement which may be damaped or desfeoyed: shalt not commH or permlt any waste ur
<br /> f� deterlonNon of M�e Property:ehall not remove,demotlsh or eubatantlelly etter any ot the�mprovsntenta on the Property;8he11 nof
<br /> j ► � � commif,tuMer or permft eny act to be done In or upon the Property�n violatlon ol any law,ord�nanc�.or repulation:end nhall pay and
<br /> ' • ! � prompdy dl�charps at 7ruator's cost and expense all l�ent,eneumqrances and charyee lev�ed.unposed or aeseesed apafnst the
<br /> ' � Propsrty or�ny paA thsreol.
<br /> 7. EmMwnt Oan�ln.Lender It hereby as�lpned all compensanon,awards.dameaea and other payments or rellel(herelnarier
<br /> � � "P►ocesds'�In cOnn�ctlon with Condemnaqon or other takfnp ol th�Property or paA thereot,or lor conveyance In II6u of Condemna-
<br /> ; • , tlon.lander�hall M entlNed at Ib opllon to Commence.appesr�n end prosecute in its own name any actlon or proceediny�,and
<br /> ' � � shNl alw W�ntlllad to m�ke any compromite or tettlement In connectlon with such qklri�or�n19�.1n the event any pod�on ot
<br /> � � � M�CDN7nlenwKUMVNMMMvtO�N
<br /> O f�M MMrnM MrA�1 C«nnwa rrw��ne ttiwq�Anotwwn.��roWn N�bwu
<br /> 1
<br />
|