=...•-,.., �- _ =°---
<br /> a -
<br /> �r � . . '�::-_A.�.
<br /> .._.� �• � '�
<br /> _ — . � A�OWLEDOEMENT OF DEED OF�UST
<br /> rnusTOR�►u�rrris e�o�s�oNU�: 84- i�M��t
<br /> _ - Tiwtor u��MNt 1h�doa�n�nt th�t Tiwta M�bou!ts s��eut�M�Owd of Tn�t�M Mt�en�M��tlwt ths pwM
<br /> of s�M provi�i!w N Nw DNd of Tiwt aovidM w+bt�ntldiY iWrnnt ddN��ni arMpNton�t�T�wta Mrn�inat�b tM wM+t M
<br /> �ddwk w bn�oh of obNY�tion und�r tM OMd ot Tiwt.inoludkW�but rat Nmtt�d to.1h�L�nd��ei�ht te hw�th�h�ety�et/►1►tlw
<br /> - - T�wtN wMhout anY IudbW Woa�dY�o.Tiwta�+p�nt��w�n�nb thN 1hM�krwwld�nwK wM�wwM ry 7'rwtM rM�IM
<br /> � �::�a�� Mc�oWion of tM OMA of Ttu�t.
<br /> 3` �.�1 /�A�.��m
<br /> M�RV1L J �1"�'l1UiTOR
<br /> �� .�
<br /> � �"y-s,�::�=�:�t�,� TRl/sTOit
<br /> ;_�.."'�y`'.�.�.�So.SS:"�
<br /> ""`���=��'= DEED OF TRUST WITH FUTURE ADVANCES
<br /> , .--, . . . ...
<br /> .v-��:�:.-•��•.;�+•�„���::�<. TH15 DEED OF TRUBT,ism�d��.of th• 21at d.y of Janu *'y .til!_.�W��q
<br /> ';',L�'o'.;r:::.:.-:`.:ty .
<br /> y°'�� �,( ' .��..� th�Tnutw. )(71RVaL Jfllti BCARLSTT. 11 BSNOI.S PSRSON �
<br /> -T:.=r ��}:�!!f(�� GRl1liD I8L11ND �fi�8s�3- .
<br /> �,�ef.�.,•:Y:w' - whow m�Yino�ddnu M 615 N WALDO nuta. wh�on�a rt�e��l.
<br /> �s'
<br /> � � th�TnutN. l�tSND H7U1C1C -
<br /> � . . � - -
<br /> �. whoN m�iknp�ddr�is� O 80X 790 GRl1I�iD S8L)1ND N6 68802 ��in'TnutM•1.and _�
<br /> � • .. ' T� Q�n��w+ v�inTnvf�_ R1/JY A? [3A1N�1 7SL1ND �
<br /> t . . � �1��fl�f�ly�
<br /> • whow m�iltnp�tldrN�b p O BOX 1686 (iR1�ND ISL!►tiD N6 68802 (h�nin•Lr�d�r'1. -
<br /> .
<br /> FOR VALUABIE CONSIOERATION,hcludlnp Lndw's�xtw+don of a�dk id�ntHi�d h�nin to y�R�� ?_�!'? g�-�RL�
<br /> —
<br /> ' � (h�nin'Bo��owa',wh�th�r on�or mor�!and th�tn��t hK�in on�t�d,th�
<br /> twdpt ot whioh i�Mt�by aoknowMdp�d,Tru�to�hw�by kr�vooably qnnt�,tnnii�n,oonv�y��nd Mdpnr to Ttu�tM,IN TRUST,WITH
<br /> =- _=_--___- ___-- PO`ti:t!Of�!ilE.!at the bsndi! end e!�!+��/ky ef L�ndw,und�r�nd wb(�ot to th�t�tm�snd conditfon�h�niutta Nt fotth.th�rMl
<br /> propstty.d�eorib�d��foqow�:
<br /> LOT� ONS HUNDRED BIFTY NIIi$ (159) �1ND ONE HUNDREp SIXTY
<br /> `(�1�TYZN�B�s�•1►DDITION TO TNE CITY OT GR71ND I8L�1ND� il11LL
<br /> ' Top�thw with all bufidinp�, knprov�rnnt�, fixturN,strMt�,�INy�.P��up�wsy�.w�wn�nt�,�Ipht�,prlvNp»and appurt�n�no�s =�-
<br /> ' bo�t�d th�aon or in�nywis�p�tbininp tha�to,�nd th�ant�,M�uN�nd protib,rwwdon��r►d nrnaind�n th�nof,�nd such p�nonat ��
<br /> 4 propwty th�t i��ttaoh�d to th�improvwn�nts�o w to con�tituto�fixtur�,inoludinp,but not limk�d to,hwtinp�nd coollnp puipm�nt; �=="'
<br /> and top�th�►with th�hom«twd or mult�l int�rNt�,if�ny, whiah htw�st��n h�nby r���d w►d waiv�d; �II ot whioh,Inotudinp � .'
<br /> tg• r�pi�o�en�nt��nd�ddition� the�to,b h�r�by d�oland to b��part of th�tNl wt�t���ound by th�Bw►of thM OMd of Ttu�t�nd aN of ` _
<br /> ++ the forpoinp b�inp nfurd to h�nin��th�'Prop�rty". _
<br /> i�. Thb DNd of Ttu�t sh�ll s�cun(�)th�psyment of th�prhoipd sum and int�nst wld�nud by s promi��ory not� or a�dit "`-
<br /> �p��n�nt d�t�d 01/21/94 ,havinp�maturity dat�of Oi/31(�9 . �-''-T
<br /> in th�orlpin�l principd amount ot t ta_98�_0� ,�nd�ny�nd di modifiaation�,�xt�nsions�nd nn�wd� �'
<br /> � therw}or th�nto�nd any end+�II futun advano�s�nd t�adva��cw to Borrow�r(ot�ny of them it mon th�n on�1 ha�und�t punuant to
<br /> on�or more ptominory noty or cr�dit apr�am�nte(h�r�in aallsd"Nob');lb)th�p�yment of oth�r�ums�dv�no�d by L�r►d�►to prot�ot
<br /> th�t�eurity of th�Notr,lo)the p�rtorm�nc�of sU eown�nts and aprNrn�nt�of Tru�tor sst forth henin;�nd(d)dl prM�nt�nd future r, .
<br /> ind�bt�dn��s and oblip�tbns o} 8orrow�r(or�ny of them if mors than onsl to Lender whathsr dir�ot,indir�ot,�b�olub or contlny�nt �
<br /> • �nd wh�tha�ri�inp by not�,yuannty,ov�rdraft or oth�rwi��.Th�Nots,thit ONd of Trust�nd�ny and�II oth�r docum�nt�th�t s�oun �'
<br /> th�Note o�othNwU��x�cut�d in connwtion th�nwith,inoludinp without limit�tion quu�ntee�,��curity�prwm�nts�r►d ptipnm�nt� �,. .
<br /> Of IMfM�fld tMIt9,shall bs nfsrred to h�ni��s th�"Lo�n Imttum�nt�'. -�
<br /> t
<br /> Truetor cov�nant�and�prem with Lend�r as foilowr �='
<br /> � 1.P�ym�t of Ind�bt�dnws.All indebtsdnest t�cursd hereby sh�ll b�paid when due.
<br /> 2.Yhl�.Trustor i�th�owner of ths Ptop�rty,has th�riqht�nd wthority to convay th�Prop�rty,�nd wrtnnts th�t th�li�n crat�d
<br /> hsnby is a first�nd prlor lie�on th�Prop�rty,except for lien��nd�ncumbrances s�t forth by Trustor in writinp�nd d�iv�rsd to L�ndK
<br /> ' • b�foa�x�cution of thi�DNd of Trust, �nd the�xecution Md d�liv�ry ot thi� O��d of tru�t do�s not vfoi�t��ny contr�at o►othw
<br /> p obllp�tbn to which Tru�tor is�ubJsot.
<br /> ' 3.T�xN,Ar��rrnnts.To psy b�fon delinquenoy sll taxe�,speciei��tstements�nd all oth�r ehary�s�ysinst th�Prop�rty now or
<br /> � here�ft�r l�vi�d.
<br /> F 4.In«uanc�.To k�sp ths Proporty insured apain�t damaps by fin,hezard�, inoludsd within the tsrm '�xtended coverap�',�nd
<br /> ' such oth�r h�:ud��s LMder may nquir�,n�mounts�nd with comp�me��cceptebls to Lender,naminp Lend�r�s sn�dditional nemed
<br /> ` inturad,with lo�s p�y�bl�to the Lend�r.In caee of los�under such poliofes,the Lender fa Ruthoriz�d to�djuttt,eoll�ct�nd oompromi�e,
<br /> • dI dsim�th�rwnd�r and sh�Y h�v�th�optbn of�pplyi�p�II or p�rt of the insuranc�procNds li1 to�ny indWt�dnN�swund h�r�by
<br /> �nd in�uch ord�r�t L�nd�r m�y det�rmin�,tii►to ths 7rustor to b�u��d for th�rrp�ir or r�stontion of th�Prop�rty or(iiU for�y othN
<br /> �. purpo��or obj�ot s�ti�fwtory to Lend�r without dtectinp th��im of thi�D�ed ot Trust tor th�full�mount e�cund ha�by b�fon�uch
<br /> � p�ym�nt�vK took pt�c�.Any spptic�tion of proaseds tu ind�bt�dn�n shdl not�xt�nd or po�tpon�th�du�d�t�of any p�ym�nt�u�d�r
<br /> N��N��� .. u.i./udf 16wiwundwr nr h�raundrr.
<br /> t 5.E�crow.Upon writtan dem�nd by Le�der,Trustor sh�Il pay to Lender,in such m�nnsr��L�nder m�y de�ipn�t�,suffici�nt sums
<br /> ' to�nable Le�der to p�y e�they b�com�du�on�o�more ot ths followiny: ti)all t�xe�, af�essments�nd oth�r ch�rpN apaimt th�
<br /> Prop�rty,t��l th�ptwrtium� on th�prope►ty insunnc�t�quind hewnd�r,�nd(iii)th�ptwniums on�ny morty�p�insunno�rpuind by
<br /> � L�nd�r.
<br /> 8.Maint�n�no�.R�p�k��nd Compti�nc�wlth L�w�. Trustor thall k�sp th�Prop�rty in pood condition�nd np�ir;th�ll promptly
<br /> �� I r�pair,or npl�c��nY imProvKn�nt whieh m�y b�d�mapsd or dsstroyed:shall not commit or psrmit�ny w�st�or d�t�riontion of th�
<br /> � Property;�hd�not nrr�ov�,dKnoti�h or subst�ntMlly dt�r rny of tht improvwn�ntt on the Property;�hall not commit,euff�r or p�rmit
<br /> �, �ny�ot to bs dono in or upon th�Proparty in viol�tion ol any law,ordin�nes,or repulstion; and sh�ll psy snd prompt�y disharps at
<br /> � Tru�tor't cost�nd�xp�ns��N lirm,�ncumbnnc���nd charqee lsvial,imposed ot a�se�sed�painst t�s PropeKy or sny p�rt th�no}.
<br /> � I 7. Emimnt Dom�ln. L�nd�r i� h�reby a�sipnsd �II compensation, ewards, dsmay�s �nd other p�yment� or relhf (herein�ft�r
<br /> ` 'PtooNds'1�aonn�otlon with condwnnation ot other tekinp of the Porperty or part th�rwf,or for conv�y�nce in lieu of cond�tnn�tion.
<br /> � f L�nd�r sh�A b��ntitl�d at it�option to comm�nc�,�pp�n in�nd prosecute in its own n�ms�ny�ction or proc�sdinps,and th�ll�I�o b�
<br /> • � �ntitld to m�k�u►y compromis�or t�tttement in aonn�otion with such t�kinp or dam�p�.In th��vent any portion of th�Prop�rty ir�o
<br /> • NSC�16�INwp�natuY DMe11Mv.�0/�t ,
<br /> O t���NM�end lr�k of CemnMd ii�t rd Swnp Anocvuo�.l�nU�n.NWrrA�
<br /> .
<br /> .• . . ..._ _ . . . .
<br />
|