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<br /> Ti#S DEED OF TRUST.i�nwd�a d�-34#��S►°f p�,c.-- .tf�9�.b!r and�onQ
<br /> ' y�TN�p�.. iw�� Y r2d Inv�sf,�ats Ina t �BF�T J P,�-r� ' . �
<br /> ��rt�g��� �N7 DRIF?MOOD WtIYB 6R�1D ISLAX�'T�or."w�e�an�or n+o�N:
<br /> . �T� Fiv� Points B�nk. a �e�ra�k�—Corbosstioe► ,
<br /> y���p��� P.Q. Box i3i7 Grand Ts�and. 11E 6�68�� (MrNn'TmM��"��nd
<br /> Ih�8�ciirfr. Fire Poiata B�nk -- , ,
<br /> - MIf10q 111iiliflp�ddhM if ��1S � Bro d��ii Graed Idand,_ �. 68882-15�7 QIlf�(fl"LNId�'�.
<br /> �— ' FOR VALUABLE CONS�DEF�A710N.inc(udinp Laxbr's a�en�lon of crodtt id�ntNted haretn taBw��� yorld In�ntireats .=-
<br />�� .
<br />-= L BntEQ7' J P�YC��t� (hsrNn"8orrower".whether ons or more)and tffs tnnt hsnin crMW1,
<br /> ths teceiP�W Mfiich b hM'ebyr 11Cknowfpci�ecl.Trustor heteby inevoCSbty pranb,transiers.cornaya and�ra b Ti��MR MI
<br /> �`4 TRUST.YVITH POYVER OF SILLE.for the bene8tand security of Lender.underand sublectto theterms and condiNons hereinafler sst
<br />-=`��' ionn.�ns rev prope�ty.a:.cribea�s ra�owc � � � �
<br />- LOTS O�E !i) AIID ?MO t2) BLOCK FYYE t5) 6LADSTOMB PLACB I11 TpB.CI?Y OP. .
<br /> "-�:;� GRAIID ISLAIiD. IiALL COUiIT�! riEBBAS'7�A 7'O�i�TH£R MITH 7'HE NO�t7'B li� tlil/2) �
<br /> ,�;: THE YAC�7'ED ALLEY ADJACEN�' TO SAID �.OZS OYE t!) AMD 'fM0 t2) ABUMING OX THE
<br /> =s 50117H 5IDB '�HERE�. � �ri � ��IMAXCE K0. 5977 EECORDED AS DOG111EMT 110.
<br />-_- ?6=�i326l.
<br /> Topeqwr wilh aq bulidiny�;,improvement�fnctures.streets.atlays,Pa�sQewsys,esse�enfs,rlyhts.P�Ivikpes and Appurb-
<br />_ ,,�,:,; ,,; nances located thsrson a in anyw(se pertaining thereto.and the rems,issues end profits,re+�r�tOns snd remeinders Thea�pf,and
<br />- � .g�;� auCh pslaonal propeRy that is attached to the improvements so as to conatitute a flxture,irtc7u�inQ.but not limited to t�a".i�y and ��a.�-
<br /> �.,.. .:_._
<br /> .••;_ :,..: :`iiy�.�'; cooiirp eQuipment and to�ether wiil�the homes�ead or meritat Interests,if any,which interesta are heraby retea�ed and wat�rod;ail . ��r�__
<br /> ' ' '��``f'��• " of which.tncludirp�eptacemenb ar:d additions thereto,ia heraby dectared to be a pah ot the real esfate aecured by the lien otthis _y ;-
<br />':hi' .�.�;n..,,...- �►�9 9 .,_,y,..r.. . �
<br /> y�`�,•��. '. ,'�" peed of Truat and alt ot the tor bein reTerred to herein as the"Property". .
<br /> L�; u��:1,}- - •
<br /> �' `� This Osed of Trust�hall secuse(aj the payment oi the principai aum and iaterest eY[�s�zced b a romiaso note or eredit �:'.r'';}� ___
<br />, t�,.. , ,_ Y 0 ry :tT -
<br /> `( " �./r���iJ?" • ' . `T' ',�r�.�
<br /> ;,, .�yjy `"`-:��. s�rewnsnt eatso ao�■�o�+-istle �9533 having a maturlry aase of . _"��: �—
<br /> ..�..-"'j�r� �_
<br /> • �^yr_ , • . . �:`_
<br /> �� ' ' � °�' ''. in fne alyinal princtpat amount oi S �4�.��?'-Q� ,aR0 a�syr and a:!modifications,e�tensions and renewats . , �_��
<br /> ;,a,•'�„ '-��� �� � . . �` -
<br /> .:.1,,, �_ . thereof or thereto and any and all future adva�..2s and readvances to Borrawer(�mer�of tham if mofe than one)hereunder . .-,�:._;
<br />,i:r , _,.`,�-. ,. pu�rsmaiat to one a moro promissory�otes or credit agreeme�{t�ereln calted"Naie"A tb;�`ta payment ot other suma advanced by . ;;.,
<br /> ,9;ai�r�>;..._� Lera�dr?o pratect tha security of t�rs Gtiete;(c)the pe�formance s��!E covenarns and ag:ee:r,ents of Trustor set torth he�ein;and(d)a0 �•
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<br /> ' . preyent and tuture�debtedness acd obliyaUons o1 Borrower(or any ot mem if more than one)to Lender whether direcL tndirect, , ��
<br /> � I `' � absoluts or corta:^�a�t and whe�er arising by note,yuaranty.overdraft cr c��rwise.The Nota,this Deed oi Tru�t antl any and i�il , ;�,�
<br /> ''"" �'-•+��`>" ;� �� " • ottf�rdocuentslEa�c.s+ee�:retlleNoleorotherwisAexecutedinconnectionthevx��s.h.inctudingwithoutllmitationpuarantee�,secuNry. - . ,
<br /> ..,,,,:
<br />•�'•.`'.1 � . •„�.}..'.'.i.. '
<br /> ayreemsnb and a�s%�.ments�t k�s4s�nd ronts,ahatl be refened to herei*r�ttie"6oan Instrument�". __..:.. .
<br /> � ' �` Trustor covenants and aflrces awith Lender as tollows: . ,
<br /> ;�:�?;�. � "� 1,p�nNn!o11��d�b1��lMU�hli indebtedness secured hereby shail be paid whert c�: ` '`;�`� • .
<br /> �� �
<br /> , �'��"����. �^�� ' �� 2.TMN.T►uator is the ownerof the Property.has the right and authority to convey the�PropeKy,an0 warranta Cr2tlhe tten ' '-'':`��- '
<br /> � '.. - creeted hereby ia a flrat�and prior!1!xn on tt.�?roperty.except tor Ilens an d encum brances set forth t�Tmstor ln wt�.ia p and '� . ��'`:'� .
<br /> � � detivered to Lender before execution of this Oeed of Tru�t,and the execution and deUvery of this Deed af Ti�does nai viotate any
<br /> . ' � contract or other obUQadon to which Tnutor is subject • � ��=
<br /> ' 3.TaxM,MNN+nrnb.To pay befcre deHnquency all taxes,special assessments and ail other chargesaga:nst���roperty !
<br /> '`.• • now or hera�Rer tavied. , , ,
<br /> � � 4. I�NUr�nc�.To keep the Properry in9ured against d�mage by fire,hazards included within the term"e�cia�ded Ccv�'�,�a",and . .�ti,�;±,�.,
<br />, -;,;... .;.:�:.�'. . • such othsr hazsrds ae Lender may r8quire,in amounts and wlth companies acceptable to Lender,namir,g t.Pnde�,as ars�SUOna► , .•. ;.,;�..
<br /> �;, " '• � , ��{ nam�d insure0.+��t4se payabte to the Lender.tn case of bss under suoh�c,#�ies,the Lender is suthcr�r.�i to adjustr oc:�ectana ;.,•, •
<br />:,::Y .�^•:•'.: .•� .�" campromi�a1F G'3�nsa tt�ereunder an0 ahall have the option of applying stl.cr.�st of the insuranee proeet�(7 ta any in��ness . � '
<br /> � r.,;�
<br /> ���^����``'"�• ' `' securea hereb ar�ih auch order�a Lender ma determine,(ii}to the T�ust:r.3 6e used tor the repair or r�storaUOn oftne Pr • '�
<br /> - �e,_ti' ;�''- •�• y �� . ,,.': :,. �
<br /> = r 7`�� • - "°� api)foranyotherpurpoeewaP��tsaUafactorytoLenderwitYc�talfecNngthelienotthis�ofTrusttorthetullartiaunts�esured i �.,:;`,
<br />- � �"'"� �°'��' hereby before auch payment C�ertook place.Any epplicatior cf proceeds to Indebtedn�s.:fiall not extend or postpone it�e due i. �
<br /> -�� -�' � date of any payments under the Note,or cure any detautt thereunder or hereunder. ' .;
<br /> -•_ ���`s::=-:;*��� ' S.Ererorr.Upon written demand by Lender.Truator ahall pay to Lender,in such manner as Lender may desipnate,aufticlent :
<br />°�� _,�_=�-�,�`��,�:�'• surt�stpen�bleLendertopayastheybecomedueoneormoreolthefoliowin�(i)ailtaxe�.asaessmenbandotherchar�esey�inst � '
<br /> -�` � ---�-�°= tfte Property,{ii)4he premiums on the propeKy lnsurance raquired hereunder.and(lii)the premiuma on any mort�ase insuanCe �
<br /> :-1 -. • : •
<br /> required by Lender. , _
<br /> '� � 8. NaNMnane� R�patrs and CanpWec�wilb I.iws.Trustor ahall keep the Property in�ood condition an0 repair;shan �
<br /> --'� ,�,"�;:_Y:_. '
<br /> ; A • promptly repsir.a repiacs any°improvement wh)ch may 6e Camagad or deaVoyed;ahall nnt commit or permit eny waste or
<br />. ,'-•�►:�:r.•-•-• �Nriontlon af tl�s Property;�hall not remove,Qemolish or aubstanUalty alter any o1 tbe improvements on the Property:ahalf not
<br /> , '�.�.::;�•..: eanmN.su1Nr or permitany act to da done in or upan the Fropsrty in vlolatlprt ot any law,ordinance,or repulaUon;and ahatl payand
<br /> ,;'•`'=- � pramptly di�cha��s at TrustoPs cost and expe�se all psn�,encumbrences end charqes IevieA,imposed or asaessed against the • •
<br /> . ?!�t;�•; '�> prop�ry u►�l P�A MNnwL . , .
<br /> '�-'E'�...k��.. . ,
<br /> _t?4�-!: T.E�M Oo�N.Lend�r I�h�r�by asfi�ned ail eompensaUan,awud�,d�mayes and other payments or relief(herelnatter � •
<br /> ,.'. . . . .
<br /> -�---�—= - --- 9 ' "Ptac�ds"}isteor�rwctlotswiff�eanda�lonaroBseeLSkin�o!lhaPropaslyozRarttherea�aNareomreyanceiniieuoteondemna• � ..
<br /> �'"��. �`" fbn.Lender sha11 b�rntltled tt it!optlon to eommence,appesl in and proaecuts in its own name any action or proceedings,and � � �
<br /> ';.r�&,`. ,
<br /> . y,,,_,'�1:,'i` sha11 afsa bs enUtlsd to make any compromtas or selNement in connectlon with sueh fakinp ar dama�e.in ttM eveM any poAlon of
<br /> 3�` ' ` r" ' Mc��wrwnarerrewew.�aiM '.
<br /> ` '•.�ta'.:' .;- '; O1lMMwwW/rMdEw�+Trw��nffwriMAweYUn.tMeM�M�n�b '1
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