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<br /> - Tnmtor b�tsre the executlon ot the Dsac4 d Trus�
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<br />- :;; , 8=- � Willfam P. Zilles' .
<br /> ' Preefdent
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<br /> �"�� ' _. . . - -- 318 ! IlADISOM 1B E86�1 �_
<br /> _ , •r� whose imailti�{.eddress ia � �meretn`Trustor,'whelher one or more). _
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<br /> ` a N1ebs'aslta Carperat#.oa - _._
<br /> 1 � ' Fi�re Poiats B�Nt. - -
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<br /> e �;,`�'� tha eeneticiary. ��v� P.oiat! 8ank . �_ _
<br /> � �.',Mr' f;'�?;';: whose maieng actdres�is'- P•0.-.Fos�iSd7 [iraAd Is1.+atct. �� 688f2-isi7 (herein"LeR�°}. �',-
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<br /> ''•Ff,:�:,��;:�'•�'�• ' FOAVAIUABLH�'3l'Y�ERATtON,`inciudingl.grrdersextenslonatcredltidentifiedhereinto — .
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<br /> ,. � �%E,:��u;''�`.� �_.lILB �P�f� . �herefn'�arrower".whether one or more)and the��re7n created. _. `_="-m�
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<br /> .' '';'•°�:,':�•'- •:•• � the rec�L:�f afiIch is Aereby acknawtedged.Trusi6r.hereDY irr�rccably graints�transfers,conveys and ass;�s to Trus�IN _ ~�T� �,.._
<br /> , . � 4�`'� � � TRUST,�Fr'71•t?OWEAOFSAL�torthe6enefitandsecuNtyatt.etrcfer:unde*eadsuDjecltothetertnsandcondiponshereinaft��t � ••,�.;�: _ _
<br /> � ,lrJ �.• , � fortb.the r�property described a9 fd![iiHa � ,
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<br /> Lots 1. 2 and 3r'��k-.�'fi:��ob�n i Deofc�s"Addif.fon to th� Ci,ty oi 6rand �.t. ��
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<br /> .,; :�;,t��,.;�. � Ial�nd, A�11 Ceea� '.�. -II�A- Fraat3.aar1 Lat 41� li�. in Bloak Hi�tt �A) : � ----
<br /> 4``�~;�r y��;':'�3,i. 11l �!l11obaa a� tier,.�t°�-15�ditio�•ta tAr Gtty af G�rand� Islatid. Nall Coura��, 't:�,_'-�. ._
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<br /> .. � .�s�r ,�`�'s�� �� ,; Tagether wlth ail buildings,imprv���em�.�15 Siistu►�s.$treet�.�:aJl���s.Passa�$eways.easemert5.r:g.hts,privileges apd apPurte- � ' �y'�`��.s
<br /> ,� ' „ �ancea Iocated thereon or in anyw1s8 pSrtainmg thereW,end tire rents,isguea and profits,rev8rs,�s:ss anA rem?�r..3ers thereoi,and -�
<br /> � sucit personal property that is attached to the impravaments so as to constitute a fixture,including,but not lir.,ti�W,heating anQ ' ��
<br /> °� � �.�• i•-•^� cooNag equipmenx andtogether with the homestead or ma�itai interests,ii aay,which interests are Aereby released and waived:�� , ��� ``
<br /> �`� ,.�;�,,.. , o!w h i c h,i n c l u d i n g r e p l e c e m e n t s a a d a d d i t i o n s t h e r e t o�i e h er e b y d e c(are d tn be a part ot the real estata secured D y the lien C4tYr,;g. , �ff • � � ;�
<br /> � peed ck tn,;�and all ot the foregoir►�be ing re ter�e d to here in as t t�°ProBe r t y,• . ., � .. , . ,.,'-�%` �-
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<br /> • Thts�cf 7rust shali s�cure(8)tho paymeM ot the principai sum�nd interest evidenceC by a prcmissory note or credit � . ` , -"�
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<br /> � � ag�eement deted 6�ebsr iitt�i991 having e maturity G�-�5! Qctobsr 11� 1995 , ���, , . • : • •.°•
<br /> �`_i-. .,. . ,.,� � . , 3� �. . - ':.�y.
<br /> :�'.' '�G,��"�:. ' io thA orr�'a�al pdncipai amount of ffi 27.681.83 .and 2rr�-�a►t ma',�>'R.::tl4'�s.extensions and renewats j ,� ,�.;�ati�:;,4�.''. .,:
<br /> �� ':t���,rt. tharea9 ar tihereto aod any and all tub�re advancea and readvances to 9orrowe�{or any ot�+�:it more than one) hereunder �' ���"-��•�? •.�=-'
<br /> . • '" �' - ��. i purouas�Y¢a one or more promiasory nates or credii apreementa(herein aalled"Nat�'};(b)tho p�f:�ent ot other sums advancc-�by ( . '��t:��F,'��..�-�+•:�."
<br /> � '{ '°�• `' � kender to p►otect the securlty o1 t8e Note;(c)the p8dormanee ot afl covenants an�G3�eements o1 Trustor set foRh herein:arfl�(d?aQ E . ' . '!f�Y+'-�4,�_
<br /> � preaent artd tulure indebtednesa and obligations of&�rrower(or any ollhem it m�:�than one)to Lender whe�'r�r direcL ir,�,r.:ct (• "�=•y
<br /> � � . " • , absoluta or contingent and whether arising by not�,gu3ranty,overdratt or otherw.sg.The Note,thts Oeed of�n:..�i and any�3 ali � . .
<br /> � �•, O1NNndocueMethataeCUrelbeNoteorotherwiseexecuCedinconnectioniherewlth,�nctudingwithoatitmitattan�:arantees.saa:�iy ; �;. � .
<br /> ' -?�>.'• '�� . aytriement9 artd assignments ot leases and�ents,shall be reterred ic herein as the"Loan Instruments". ` '
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<br /> . � . . � Ti�ustbr covenants and agreea with Lender as toltowa: E . ' '
<br /> •., • 1. i�sym�nf of fnd�bt�dnh�.Ail inCebtedness seeured here�y snatl be paid when due. �
<br /> ' . . ' 2.�T�tiM.Trustor is the owner o1 the Property.has the right and suthority ta�hvey the Property,and wanants that the 8en . . .
<br /> ' createC hereby is a ttrst ana ptior tien an ihe Pruparty.eacept for tlane and�r:+;�~�trrartces set tmth by Trustor in writing and �� • • •
<br /> ' •� - ' � delivered tn l.ender belore execution o`t.hia Deed o1 Trust,and th�execution and ce�tvery of this Oeed olTrust does ao!viotata any ;?` • •
<br /> • � " contraat•onother obpgetion to wfiich Trustor 19 subJeCf. • : . • � �:{�+�.
<br /> `��'��" 3.Taxn,A�rmenN.To pay betore delinquency all taxes.speci�l assessments and all other eharges against the Property '�'
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<br /> '� � • now or h�reaHer levted. ' ' �' •
<br /> . � . .. 4. qalutanae.To kee�t�e P.operty insured againsi aamage by 1ire,hazatds lncluded within the te•m°ex•,�ra�as coverage".and • .� •
<br /> � ..' . .. suCh athgn Itazards as LF��er may require,in am�;�nts aM+.vsth companies acceptable to Lender,nam�ng Lend�c'+�"s an additlonal ' •
<br /> • named tnaured,wltb toss payable to the Lertder,tn ea�g af toss under�such pollcie9,the Lender is authorized,�n adJ;us�cottectand ' •
<br /> • • �'.:+..;• compratltige,all Cl�ima thereunder and J�sli havethe opiion of appiyJng aIl or part at the insurance proceeCs E�l-:�any indebteffiiess � ' . :,�.�.. ..
<br /> ' , �'"' � secute�'iternby a»�in such order as I.fr.dar may d6t�rmine.(ii)tv�h�t Trustor to be used for the rEp�,r cr restaraUon o1 the Praperry
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<br /> ( y �:Cif18r�y,;,�se or object sa::stacfory to Lender withou!aifpetmg the Uon ot this Oeed a{.T,t+st for the tuil amount secured � �
<br /> - : hereby��e�are Such Ga�r.•ent ever took place.Any�ppllcation o1 praceeds to Indebtedness aha,l hot extend cr postpone the Cue , , ' �
<br /> ,;.� ' , • Qete o1 any payments un�*.,�r the Note,ar Cut�any dElBUlt thereundet or hereunder. . �
<br /> � '•��' S. Eatarow.Upon wr!Jen demand by LendBf.Trustor shall pay tu Lender,in s1;Gh manner as Lendar may dasignate,suHiclent
<br /> � �''�"' sums to•en8tsle Lender to pay as they become dtlt+ane ot more vt trib totfowing:(�)a:i taxes,assessments artd other charges against ' •
<br /> : '" ?� the Propsrty:(li)�th��sr�miuma aa tho psoporty 7ngurance set�ui�ed hereunder,and l�ii)the premiums on any mortgage insurance �
<br /> . - .,.:,: . . .
<br /> required�a)�Lende�: ,
<br /> . 8. M(�tinf�nanco,ttepelra and Comptiaaee witi,l.swi.Tw�ive yhaN keep the Property in good cortdition and repalr,sha:�
<br /> , promptty rapalt+nr,raplace any impravemsM v�hfcb may b9 di�muged o�destroyed;sriaU not commit ar permit any waste or ' . • .
<br /> t� '' ' detedoraUumaUifftl praperty:shall rtot remove.dbmo115b or subsl�ntialty alter any ot the Imp►ovaments an the Property:shall not
<br /> • � CommiusuH�r.at�permitanyacttoCedoneinbiup5»th�pra�enyinvio�ationotanytaw.ordfianCe.orregutation;andshalipayand �
<br /> - - - -�� ` prompUy,disaharga at Trusto�'s cost and sxgErstr^�.!!tisns,snct�mb�ances and charges tevie�,i'mp4S:d cr asssssad against the ' -. - ..
<br /> - � �-�--- - - � P�oPeAyaneny-�pn�t thereof.
<br /> � ��� �` � '- 7. Em1lIW11 @tlm81h.Lender 19 hereby�55i�»�9�il con�{�6n3�tibn,awaras.c�amages and ather paymertcs or rettet f�,ereinafter - - - - . •
<br /> • . • "P�oceeds'��n Canngctlan with ccndemnatianat aiher t�kirtg olth�ProOertY or partthereof,orlOr Conveyartce in lieu Of COnd@mna- . �
<br /> � ; .. dan.Lendersriall�ha entiHed at its option tv camm�nog,ap�8nr ih antl proseeute in its own name any acUOn or proceedings,and
<br /> ;. � ' shall ats�be enUNgd to m$ite eny comaromise aY S92t1gmOn4 in Cbnnection with such taking or damaqe.ln tfie event any portton of • , "
<br /> � . _. •
<br /> � �. ' Hetats�;ero�i�,.ws�w�araw.+aee - �
<br /> Ot9esranem►e,Mascomnarnnrsar�s+.m�'woaanorKen+at,u,enus , i •
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