|
_ _ . . . . .E; i�r _
<br /> _ _ d�6-_ . . - . _.• . . - -; �.L"'° s.�"`' ;e sr' - � � � � ` . . ` --
<br /> I �y .��•�t , ��� � �.
<br /> , . . . - ..�.' :.5`. 'ar._� t � .� `_.. `. _ � �F• i S`_.,�-_
<br /> . . ,.
<br /> ..
<br /> _, -::
<br /> . :..� ;. . . , . .-�� � .-•,� ...`' _.__�__..__...o. -_.-�.��-T_=� - -
<br /> :�..,.�- . < <
<br /> .
<br /> .- . - " ---" �- . . . . ._�. ., ,� ... �.._
<br /> �. .I'--- :. ' - - . .`._-- -� �.
<br /> . . , ('_ `- _ _ � . �
<br /> < .. i
<br /> _ `,� �`'�� . � �� .
<br /> .T_.� �� �� � -. ` � .:r10�391 �
<br /> --- - . ACKNQWLEDOEMENT OF DEEO OF TitUST
<br /> �°�s TRUSTOR READ tHls 8ff�iiE S�Gt�INCi:
<br /> �- „ �
<br /> 7nn6oeunderrin�a�hu�dosun+mtthstTnnmrisaEOUttoexecut�isaDe�dotTrustanQnolamo�lp�eandtAatlMpowN =
<br /> .*�, atsatsprovid�dtorintt�sOMOolTrwtproviQess+�stantialtydifferentd�bandobtipationstoTrustor�tnamoAp�gstntAfav�n�• __=--
<br /> B� --.
<br /> - - ofadehulta�rn�cAWobliQanonuaderths�eed°tTrustirtctudn�butnollimit�dt0.fAeLen�e�sriyMtatu►�r�tnePropertYsotd �:
<br /> Bon
<br /> � by e�a Tntstee tvithout�ny judieial procaedinp.T�aStor reprosetris an0 �LS t�at this acknawt�dsetnertt wAS exsCU�ed 0}f: .��-_—
<br /> `- - - � TrusLO�bafofe flte ezeGtAtOn at�ti Celd of Tttest � ' /� . J�L ��_��_ -
<br /> - Lov �y�� � �
<br /> ,' , / i r �_ __
<br /> - � . � �_i��
<br />-. �.' � E=s-=�---
<br /> �- �. i — - .��?�,_
<br /> _ .'�`�'� _:, ..��;};���'_.
<br /> -�f- ".:-:a,� t _ , . _�•_:�tf'!'C�j�(•
<br /> - — ":� DEEDOF TRUST WtTif FUTURE ADVANCES :��`.=�< �''`--
<br /> ��F���� 28th Oct. . . :j�r...%`��4;,�;',�
<br /> �`� . � THiS OEED OF TAUST,is made as of the daY at- - 19 9i by and amoag�. : , �•'�_
<br /> _ .``•a:' Dsvid � !lc�ullea i Or Debra J llc�ul.len.Nroi . bu��and aad �if� �"`:�;�
<br /> �' . .^;u�r� . . � -' f � - �--=—='
<br /> . `�:�?�- • ths Tn�tor, ol�eer.: _ • i
<br /> • .r:���
<br /> . ;'��-� - �' wt►q�e maitinp addreas is (herein"'frusovr,"whether one ar marel.a• �� `,,.�c..��
<br /> - �:��:� � :�.: � Fiv� Paint� Baak, s re�r�►sga Corporatiea _ `.`
<br /> ,�..f s.�.r'•t�i.' the 1'fus1E� v ;.�.:;.. '' ',-�
<br /> ,�.� �:`t,s'r,,�;:�';?' P.O. Bos 15�7 Graud Island. IiE 5$842 n"Trustee d ' � . ��
<br /> ��=� �tir:` <€.<;�:"� �•n,� whiD�e maclir��ess is (herei �.M _
<br /> `lr;`��{S'a G-.. - ���' - � Five PoiAt� � � . .. . . ,: - . . �
<br /> :,,r;.,i`S,� >r ..�� . �� ,.i..�,, Y � ��,*'• . . . --
<br /> ,^,i..�.�t��� f� ,4u �nG?$6R�vp•ia � -
<br /> `::,��'*t< �-_..,.,..: . `._ �'::� P.O. $ox 15�7 Gs*stsF Island. 1IS. 6A882-1507 thsr�sn"I.ender''k� • .---. ---
<br /> ��. � �ti �- . ..,,�f�e mai�rg:�ress is David J llcwllea � _
<br /> , :;;�;;;:��= � .'.
<br /> ,�'�`�''�� � � FOR VAWABLE CONSIOERATtON,inCiuding Lertders extension oi Credii idenfsfied herein to ;i�,.Y
<br /> ` �6�' �:��- ; . . i QT Debsi J l�c�ullen 11ros �herein"Bar►ower'.wh$th�rone or more�artd the trust herein creat84�. •: , `
<br /> << , � (M1I;.. ';•`,;., J' "�
<br /> ;:,� = tBe receipi of which Fs hereby acknowtedged.Tru_-'�``r�z�sby irrevocabty grants,tr-�r•�rs,conveys and assi9ns to Truatee. :.•,,°: , �
<br /> 'f ` ' ' TRUST.WiTHPOWEFiOFSALE.torthebeneTa2r,d�,'r:?anr�ofLertder.underandsutiecttothetermsandcondi6ortshereinaftHrueG� ;-;,:`�. .
<br /> •F: :�
<br /> ��` '`�: �r`� ��'�"` ' t�j��e�de��l���.r��,�4��DDITIOY 7:0 TNE CITY OF GRAIID ISI.AXD. :
<br /> ;;:,;E• r � .�` t,,:,,<< '�. . .
<br /> ,:.:;::, �,. ti�,.:.. ,..
<br /> `:s�;`a�� �_;����`,��- "�. _ eAL.L C0�'C'f. MEBR�SRA. , . . ' ' . . , r ,� i�-
<br /> :`,�t�`. ..,' �';"`:, .
<br /> •�;
<br /> �} ' ' . T/..y �..
<br /> i�;.. .�
<br /> � .,.;�,��.J �.,,;,;_
<br /> ,�..a: r;,;°,,.�
<br />� � 7ogether wit�ail buildings,improvements,fixtures,streets,alteys,passageways;F..Gsements,rights,pr�viteges and aFPur�� f.,S;�::- �:=
<br /> � __..'���' nances tOCated thereon or in anywise peRaining thereta,and the rents,issues and pr�'s.reversions and remainders thereuL arnb° .,
<br /> • ' � sucb persortal properry that ls attached to the lmprovements so as to consticute a fixtura,including,but not limited W,fieafinQ nrtd• � •
<br /> cooling equtpmenX and together with the homestead or maritat interests,it eny,whicb interests are hereby released end waiu0d;411�• �� . • f �
<br /> : .� � • ot whfich,inctuding replacements end a0ditlons thereto,Is hereby dectared tu be a��^�at the real estate secured by the tis�of tiffa � ,
<br /> •�=,«,;i�'•. � Oeed Of Trust an0 aIl of the toregoing being referred to herein as the"PropeRy". , , ' � .:
<br /> . � . :�
<br /> - • �' � � �•'� � This Qeed ot Truat ahall secure(a)the payment of the principal su�n arsd i:ste�evidenced�y a pfomissary�ote or��dit � , , : � _
<br /> . . � ',?t.:" OctoDer 28�k L9'�1 Qsy 28th 199! �� ' T
<br /> .. ';' a,greementd��:� .having amo'�:r�;�r„�;:3t � `
<br /> ` • ,
<br /> ' 6: ' " �,500.08 •
<br /> ' �r Me ortginal princfpal aT�:rt 1� .and ar.y�d���l moditications,extensions and reneu�9ts f.� ,
<br /> � �.. ., �,� ;`n:;�
<br /> ' �!'tereot or thereto and arry;r'4,�. .-,.-E•-_�anCes ar.�readvances to Borrower;ar„ny of them It more than nne)hereupder ,;,;,.,.
<br /> . � . '.- � pursuant to one or more pror.'.�ssc?'f-o"t�r.r�redit agreements(herein called"Nc:��'�;��1�)the payment ot other sums advenued by ;;r::-: . :,...
<br /> : Lender to protectthe securlty of the�;c�(�"f.�:he pertorma�ce ot all covenants and ag�e:�:ents of Trustor set torth hereia;and(d�rJl x � ;, ,
<br /> ; '��. ` present end future lndebtedness and ob��gdtions o}Borrower(or any of them it rnare�t?r�one)to Sxrtder whether dlreaL`irfd(rr�L � ,:���t!:•;'%���
<br /> ,.;,,;;.;
<br /> � • absalute or contingent anc!whether arising by note,guaranty,ove►draft or otherw�sc.�e Nate,tfs����ed ot Truat and nny$n�t�l1.. • �.+�,. ��. . ,
<br /> � � ' Other docuents that secure ti�e Note or otherwlse execute0 in connection therew�!t�,irct�.d�yg w:�aLti't rnitation guaranteeai5.ecu.r�t�r k•..�,:: •
<br /> «.;;: .. � agreements and essignm�rtls of leases and rents,shall be referred to herei�as U'�`Lcan 1ns:cuir•�r,�y^. ��t:�.;, , ;
<br /> •��;"• •- Trustor covenants a•y�.�rees witb Lende►as tottows: � �. .��'`'� � �' '�•
<br /> �. ,,...
<br /> - ., ' t.Pagment ot ted�62�Qnfas.All Indebtedness secured hereby SY�„.��pa�d v+:^en due. 5 ,;. .;:
<br /> � • � 2.Ti�Sa.Trustor is the owner ot the Property,has the right and�u�•r.�nty to convey the Property.and warrants tnef tha lisn .
<br /> • � � oreated hereby is a first a°d prlor lien on the Properry,except for liens and ertcurrbrances set forth by Trustor in wtttlhg 8nd
<br /> •'%���. ¢elive►ed to Lender befcre eASCUtion a}thls Deed otTrust,and the execution art��euvery ot th;s Deed oi Trus�does�otvintate any s;,
<br /> �,�•::-
<br /> , ,�;;`. � . eontract or other obllgaticn to which Trustor�s sub�ect. f�:+,
<br /> � �-,.���: 3.Tsxa,bsa�ments.'�o pay bofore delirtquency;�tt taxes,speaal assdssments and all othor charges against 11t��PrCperty . , ,
<br /> . . ::;:::.�}���`. naw or hereafter levled • ,
<br /> . ,•;��:..��' .
<br /> • . •�.._,,.� 4. Insurance.To keep the Property�n�ured aga�nst damag�by f�re.haiards�nci�ded w�t!+��the term"extended cov�rdge",and
<br /> � • ` �'"� •f such other haZards as Lender may require.in amounts and w►th compames acceptabla to lendei,naming Lender as amaddiUOna�
<br /> � named insures,witb foss p�ya5le to the lender.ln case olloss under suc�pollcies,the Lender is authorized to adjdsL colE�ct and
<br /> campromiae,all claime thercunder and shatl have the option o}applying all or part ot the insurance praceeds tif to anK indebteQness �
<br /> • • ' �„��• secured hereby artd in suct�vrder as LenQer may determine,(ii)to the Trusto�to bo used for the repair or restoraflan at'.n�Proper�,r
<br /> � or(iii)tor any other purpose or oblect satiafactory to Lender w�ihout aflectmg tho lien ot th�s Oeed of Trust for the tuif�mnunt Secured '
<br /> ' hereby before Such payment ever taok ptace.Any Appt�catian o1 prticeeds to inCebteCness shall naf extand or postpone the due
<br /> date of eny payments under the Note.or cure any dotault thereunder o�hereunder. � •
<br /> 5. Escrow.Upon written demand by lender,Trustor shat�pay to Lende�.+n suCh manner as lendor may designatei 3uN�cient ,
<br /> -• gum9tpenabtelende►to pay asthey become due one or more ot the foltawing:(i)aIt taxes,assessments and other chgrg�s against
<br /> ,�- � the Praperty,(ii)the aremiums on the property insurance requ�red hereunder,and(��il tho prem�ums on any martgage��dsurance
<br /> f required by LenOer.
<br /> � B. Malnt�ntna�.Rspala and Compliancs witA Laws.Trustor shau keep tho Properry m goad cond�unn and repa�r,shall
<br /> . ` � , p�OmpUy tepair,or replace any impravement wNicb may be damaged ar dostrayed, shall not commit or permit an�+.waste or .
<br /> • - � - detedaration�f tlse Pro��h;,Sh2R not remove.demotish br sutfstantiatty 81t8►any of the�mprovemenl9 on the P�CpB�ty�shau not
<br /> eommit,suHer ar permit any act to be done ln or upan the property in v�olat�an af any law.ordinance,or r�gu�aaan;and shpii pay ano ,
<br /> '�._... . • promOUY dlscharge et Trustor's cast and expense al!fiens,encumbrances and thargos lewed.�mposed or assess9tl against the
<br /> _ . �___-___.••--- ProQerry or any part fhereot - . _
<br /> � 7. Em1n�At Qomaln.Lender is heredy aseigned ail compensation.awards,damages and othe�RaYments or re1�E�l(dere�natter
<br /> "Proceed9'y in connection with condemnatian Or other taking of the Property or pan thereaf.or for conveyance in I��ru�tCOndemna-
<br /> . ' 1.� tion.Lendet shatl be entitted at it9 option to commence,appear m anA prosecute In its own name any att�an or prcceeding9,and
<br /> ;�� ' ' " r � sha1181$b bA�entitted to mdke,any compromise or settlement ln cannecnan w�th suCh takmg or damage.ln the event Any portion o) � .
<br /> ' NeC9��7v+��eu�mre�oeeaasr�o�ae = _
<br /> � , a/9lSff�aiWBAn�MCom�*teTrusl�ndSaa�sASSOti�tiontmleln.NtOr�iU . , ' '
<br /> � t '- � ' .
<br /> • . • . --- �------- - � � � ---
<br />
|