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<br /> " � DEED OF TtiUBT WiYH FUTIIWE AOVAWCES �`�� �o���i . .�
<br /> . � „ TH19 OF.ED OF T1iU8T,ls made sa of the 14th day o} ADr. ,t8 9a by and emonp
<br /> the Ttuftot, Mnntv J HadsniQldt d. Or Annin H Had nia�.d; huAb�nd 8rtd viRe , . • �
<br /> w hor,o r�w 1 1 U g n d d r e,�t a 1424 Kruao Avv tiread Iolmnd�herain"True�or,�aiv�►eihor one or more), � ° ---
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<br /> � MeT�uatee, Fivo Poi�tta B�tnk��, °^`""^''° roraa�aLion . ,,_�
<br /> • ' whase muliing oddress is p'O. 8ox 1507 tirand xeland, N� 6880a �����•�T��'y,�nA - . . - _ , __ „-�
<br /> five Pointe Bank , �
<br /> the Bsneflainry. .. • ,. ` �e
<br /> whose maiiing address is ZBig H. IIroadvell firand Ieland. NH. 68802-1507 (hereln "Lcndcr'�. „ _ -
<br /> �onty J Nadenieldt �� �
<br /> FOR VPIUABLE CONSIDERATI�N,fnc�uding Lender's extenslon ot credit IdendNed her�le� ° {�►
<br /> 6 Qs tlnanie !I Hadenfeldt (herefn"BonoweP�,whether oae ar rnore�)�nd the treiat herein created, ,�� �, �'
<br /> t�c��i�4 cff an�:eA€s frt��y acknowiedged,Trus4or hareby U�evocably gra�,tra�s"e�s.cornroYs ans8 e�s`Cq�s ro'f�ustee,IN �� `,,;.
<br /> Tff�UST,p'�yTpq�p1�f�W asF�A4.E,4�r ths b�jeneflt aRd sn•cu�fty of Lender.undor and suQ;�ct 4a�a�rms and com��ans herelrta�.'t�r r,r�t
<br /> . �� . LOl'��i�O:N" t16), G��,���K�iH7'S £IG}tTt� Si1�l3i?IVISION. IH Hd►!.L G�3IAITY► NB8RIISKA ... . - -,��.,-''�--
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<br /> Y�2Qiar with all buildings,impr�vamenffi.fixtures,streets,alieys,passageMrays,easeonsnts.►ighffi,Priviteges artd eppurte- ' =.__
<br /> ,�;;r?� nenee�O�cated thereon or in anyvdsa��taining thereto,and the renta,issues and proflta,reva�si�na aod�emaindera therea},and , �c
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<br /> such pa7sonal property that is ettach�to the improvementa so ea to constltute a flxture,incl�ie�,but noi iimited to,heat3n,�8rtd ,1
<br /> „ cooting equipmenk and together with tho homestead or meritai tnteresta,if any,which Interes4s are lsereby�eleased an�waomad;ait � �-.
<br /> of which.inc�uding repiscements and additlons thereto,is hereby dsclared to be a part of the reat eatate securetl bythe Iian of this .,��;
<br /> ' Deed of TruBt and ali o4 the 4ore�oing being refeRed to herein as the"Property". �
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<br /> . ,`.';:R-�; This Qeed of Truat shall secure Qs�)the payment of the p�incipal sum and interest evidenced by a promissory nmRt�a���edft < }�� "'
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<br /> ,'._:;•�,�.r:..•r- Oct�ber iath 19�� ---�`� _.
<br /> ' '"`,•'' agreement dated �l�ril i4ttn 1�94 ,havin�a maturiry date ot � '.'F
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<br /> '; 80.000.43� ,and av► a�d atl modi8catlons,exten�aa�esand renewa�s � '� �
<br /> in the oHginal prtncip�0�.^^�oum of 5 �
<br /> thereof or thereto an���+N and a��future advances an�6 readvances W Borrower(or any ot them it more tha�n ene) hereunder �jK� , . .
<br /> pursuan8 t��ne or more prorrissory notes or credit agreements(herein called"Note'7;(b)the payment of other aur,ns advanced by ,�
<br /> lender II�Rnrtact the security of the P1mte;(c)the performance of atl covenanta and agreemenffi of Trustor set forth heref�;and(�ail , ,.��, �
<br /> present�a9 iuWre indebtedness an�obNgaUona of Borrower(or anq of them it more than one)to Lender whether direct im4lirect, •�a•_�
<br /> absotute er contlngent and whether a�lsing by note,guaranty,overdraft o�otherwise.The Note,this Oeed oi Truat end any and alt �•�:r� �.,
<br /> other docuente that secure the Note or osherwlse executed in connecdon therenvith,inciuding without Iimimtion guarantees.securiry f.-�
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<br /> , agreementa and assignments of teases and rents,ahall be reterred to herein as the"LOan Documents".
<br /> :;;,1 T►ustor covenants and agrees with Lender as fol�ows:
<br /> . •�� 1, PaqmeM of Ind�btedeea.AII indebtedness secured hereby shali be paid when due- I ,. •
<br /> ��'•;,`.'���;' 2.4'uS�a.Trus�tor(a the owner of phe Property,has the right and authority to convey the Property.and watrenta that t1�e lien , :.;;�.,;
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<br /> ���'�� �•�•�� created hareby fa a flrst and prior lion on the Property.except for 6ens and encumbrances set forth by Trustor in writing and � . �f�,''
<br /> ����� �..T . ;�t �,`+�.
<br /> � �f�f? detivered to Lende�ba7�re executlon o!thfa Deed of Trost,and the execuUon and detivery of this Deed ot Trust does not viotate any � i�
<br /> � ' contract or othar obiic�at�on to which Trustor fs subject • r '9� �
<br /> 3.Taxes.Aa�ssmvnts.To pay before delinquency ali taxes,special assessments and ait other charges against the Property i
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<br /> ' now or hereaRer Ievied. � �_ �`:
<br /> 4. lefsuranee.To keep the Property insured against damage I�y li�e,hazards included witfil�1he term"extended co�oer��e',and , ;;�.s�`�
<br /> such other hazards as Lender may require,in amounts and wlth companies accepfable to L�ndar,naming lender as an a��:�sanai , . ,, i'�
<br /> named insured,with loss paYable to the Lender.ln��se of�oss under such poltcies,the Lender is authorized to adjust.co!►ect and � .;i'i',� `.�
<br /> compromise,ail ciaims thereunder and shail have tne option of applying aIi or�aA�f the insurance proceeds(i)toany indebtedness � _
<br /> secured hereby and in such order as Lender may determine,(ii)to the Trustor i�Oe used for the repair or restoratlon oi the Properiy � . �,�
<br /> � or(f8)for any other purpose or obJect saUafactory to Lender without affec;tlng the I�en of this Deed of Trust tor the fuil amount secured � ;•
<br /> �"'• hereby bebre such payment ever t��k place.Any apptication of proceeds to indebtedneas s�all not extend ar postpone the due ,,�,•�., .
<br /> � date of any payments under the Not�.or cure any defauit thereu�der or hereunder. ,�,;�,� •
<br /> 5. Eaerow.Upon vucitten demand by Lender. ,.�..:stor sheil pay to Len�er,in such mann�r as Lender may designate,ss.fi?:��ent � ' �
<br /> sums to enabte Lend�r+;o pay as they become clua o^e or more of the totlowinr.�;��au taxes,assessments a���lher cha�ges against � ���:Jl�•.
<br /> tt�e Property.(ii)the pm�miuma on the property maurance required hereunder,a�d(iii)the premiums on any mortga�e insurance �'~(.
<br /> requirecT by Lender.
<br /> 6. �flptntenenee.Repain and Compliance wtth Laws. Trus'o�shali keep the Property in good condiUon and ropac.r,shali
<br /> prqmptiy repair,or rep�ace any improvement which may be�arraged or deatroyed: shati not commit or permil acsy svaste or
<br /> dete�lora�on ot the Prcyperty;shali not remove,demotiah or subatantiaity alter any of the improvemenb on the Property:s�alt not
<br /> commit,suffe�or parrtcr�t any act to be done in or upon the Property in viotation of any law,ordinance,or regulatian and shall pay and ,
<br /> � promptly discharge at Trustors cost and expense ali iiens,encumbrances a^�charges levied,imposem o+assessed against the
<br /> , , Property or any paR thereof. .
<br /> •"•`'t'�� 7. tEaninent Domain.lender�s i^ereby assigned all coro'►Re^s_c_on,awards,damages au�d other payrtoents or rel�et�her¢matter
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<br /> ��,. "�q4o�s'�in conneCtlon with ca:�de:r.nation or other tekirsg ml Lre P►operty or part ther�a�.or�u r Conveyartce in lieua'��cr�iarana-
<br /> '�' ' Ucn.Lmndar shati be enUUed at its opuon to commence.ap�sear,n and prosecute in its oh�r��^�e any acoon or proceed�eo�s.and _
<br /> shall atso be enUtled to make any compromise ar s�xcemertt irt connecdon with such tah�ng or damage.cue ttoE�vent a�sY partian at ,
<br /> _ ».o a..,.,o.n,ie on mkwn nr damaeed_Lendet sRt1'�!'��e�v�the opnon,in its sole artd absalute discreten.to apg:Y al►suC�Praeeeds.
<br /> 8ftet deductlrtg therefrom atl costs and expens�s ctrtucrred�y 3:n connection wrt.h such Prace�JS,upon 2ny�rtaectecrr�secu��
<br /> her�y and i�such order as Lender may deterrrt,rse,or ca a�y-��a:t such Proceeds,att�:s:cc,h deducdons,to the r�staranun of Lhe
<br /> Pcngisely upon such conditio�s as Lender may detertrtme.Rn��a�,�:ratiort of Proceeds to�rtdebtedness shall rtot ez�enQ ov postpone
<br /> • ri'�e duo dete ot any paymenffi under the Note,ar cure any d�u:t thereunder or hereunG�:• Any unappiled funds shaH De paid to
<br /> ` Ttustor. s
<br /> g, Perlomaccem I�q{.sred�r.Upon the ocCUrr�ico 04 an EvQnt of Ds?ault horeunder,or if any act is taken or tegal proceading
<br /> commenced whic!'i inr�tariatly eN2cts Lender s inDarest�n tS�Q Proper4y.LenCer may m its own disc►etion.but w�thout obligation to do
<br /> so,and without rtotice to or de�+�tnd upon Trustor and unti�ouc releasing Trustor hom any obtigation,do any 8ct w�iCh Trustor has
<br /> . egceed but tails to do and may 2!so do any other act it deems i�ocessary to protect the secunty hereot.Trustor snalt,immed�ately
<br /> upon demartd thereSor by Lendsr,pay to lender aU costs a�d eupenses incurred and sums ezpended by Lender in connection wdh
<br /> the exercfse by Lende�of the taregoing rights,togetfier with interest thereo�at the detault rate provided�n the Note.wt�ich shEII Ce
<br /> � add3d to the indebiedness secured hereby. Lertder shall not incur any Iiab�Iity Cecause ot anytfiing d m�y do or omit to do
<br /> hereurtdat.
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