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<br /> ' ' �OR Vl�UA131E�NSlDEtiATION.insW�isg fux�de�a mdanaton of�aed'R tdantifbed hareur er�` �r�,�:+3AI�R �'�; �: �,,:�:°•:.- ..-
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<br /> � f�ec�'Borrower',whetfier ane oi moraS�.�i�a�rust Aerej�rs areated.the :�, ....,.-..r -�:
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<br /> • , • � �of wPucfi�0arraby actmartriedsed.Ttustor hemby�nrmcd�.0��.transfers,canvee��ir!assipns ta�ruatee.II�:�ST.WfTM �•" !,� �- � :
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<br /> • � P�ifKf�i 0F SALE,tor tfie 6a��4i �d searity of Lendar,�m8er asi3 subject to the terms esr��snditiona hereinaftar set i�aiU�,�e real a- :±
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<br /> � : ., �'8 BLBV81� (11), Itd SPBLTB SC�DLTS ADD�TION TO '1`�'CITY OB _ �-��1,{���",:.:'_��. : � .
<br /> �Rt�LID ISLAND, HAE.L Q9QIIN7'Y, NS��tASRA . , �:;';.i'''"�.:. � ,
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<br /> �o¢�tEeer r�r�.'ai bu8d'mpa.�Crtp:ovemanu,i'x.mr�.stse�s..d{G1(�'.t��'�way�,ea�uvcsr,riDhts.DtivTeQw�d appurtmna�cas , J��`���`�`Y� ;..�`'.
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<br /> _ taaatad thmena ai-�i,ignywfse p�teinin�tNeteto.end ffie rente.&�v�r�t rFnrf'�s;�oversTona end remainde�s therecf.�d.euoh personet ,:�'�
<br /> .�:t;� ,, propetty thst is aj�ya�l7id to the imymvan�te so aa to constitute e fature:iuvdf.u3'mp.Dut not�imited to,hainUap m�d cool'm9 equ�man�.�. .. �:.��� ..
<br /> .-;t � a n d t o II a t h e r w'Y�a s�fi:s h a m e s t e a d o r m a r i t a l t n t o r a a t e,i f e n y,w h i c h i nterestv mre herab y released and ee`srQd;eli ot Which, inc9icdu�r� . . '
<br /> roplaaamenta ertd additiona thereto,is heraby Eectared to 6e a part of tha�ea1 esteta searrad by the Gen of�ts Ceed o!Trust ond afl ofr • -
<br /> ,� + ' the fm�g�*a�m 6ert�W referted to herem as the'Property'. . '�
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<br /> : ' Thio�m�af Trust eheA seatre(�the payment of the prindpal sum end fiterest evtdanced by a promiasory oota or cradit ,. -.�`'�%�'-
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<br /> : aDrcm�ent deted : • 04�,4/94 , ,having a msturitti►dete of OQ/14/99 ;, • • -
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<br /> � �, : . :�.!,�,I U1.tho oriyinei prLecipa!�naunt of!L ���e�3-�Q ,and aiap rnrW mIP modiiicationa,extanaians and �enewata . �
<br /> • +. ", " thereof or thareto ena eny end eIl tuture adv�ces end�eadvances to Borrower tor any o�'YfJ,�am if rttore then one)haraunQer purauant t� . ,
<br /> ' +� • one or more promissory notes or credit epraements(herert�caltod'Mote');(b)tha payment of other sum9 edvanced by I.ander to protact ,
<br /> �� �'• tAa eecurity of the Note;(a)the pedormance ot eli cov�anta end agreementa of Trustor set fotth hnra'ur,and t�eU preaont end tuture
<br /> '' ' indebteQne9s ertd obGpatian9 of Bonower(or�y af them if more than one)to Lender whether direct,indiroct,absolute or cont�pent . •.
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<br /> r-•� ' . • ' �d whether aresinp by note,puaranty,ovardraft a otherwise.The[Jota,Ni�Daed ot Trust end any end ali othar documente that aeeuro � ,
<br /> • • tha Note or otherwisa executed 1n connection tAerewith,inciudrt�p without lunkation puarantees,searity enreemente end assipnmant9 � . . •
<br /> ' � . of leeeea end ronta,eheil be retened to herea�a9 the'Loen Insa�remente•. � .
<br /> � T�uator cavenanta end eQrea9 with Landar aaloUowa: � '� .
<br />- ,,'•� i, � � i.Psym�nt of fnQ�bt�ss.NI b�dobtedn�seaired here�y ePieO be paSd when due. � � � .
<br /> ;;jt�1 �t ` -,' • • �.Tttl�.Trustor is the owner ot tha Propart�;:at�,s tfie riph!end nutfiority to convey the PropeRy,aru��arrante that the lien ereated
<br /> . he�eby ia a tirst and prior lien on the Proparty.�ec�a:for Gena end oncumbrancos set forth by Truator in wrctinp end det'wared to Lende� �
<br /> � � , 6oforo execution of tblS Daed ot Tmst,and the ettecution ated dolivory o}thi�Deed of ttuat does not violate any contract ot other I
<br /> `� • ' .`•:,�;G.,;• oblipetion to which Trustor i�sakjam. �� . .
<br /> � '� � � �:`�`!-'� .�' 8.Tau�s.Astuana�t�.Ta p�c.y,I�etore delinqaency all taz�,speciat assessmonte and afl other cherge9 apeinst the Property now or I ,
<br /> . ;�`�.`�• , hereaf►erlevied. .�. , �' . ': . :� •'� i .
<br /> ��� 4.Insurmeq,Trrlii�ais�ti�ca,T�ia;oetty inswecit¢�rsast demago by fhe,hartdzla, included within the t�'extmded covaraye',en�
<br /> �',;�': 5;��, �' ' ' ` � aucb othet heza:�ms'6ts'tdin'i�qn,r�ttuire,in sic���j1ss and with campanie9 ecc�stobto to Lender,namv�Q lr,ssdvr es an edditional nam�+ir 1
<br /> ''t? �:�a.�. �'t;;;i;�i::. � crt�d,witb 1oss:dv�i�ic tofl�mlir�i�de►.tn cesa c4 iass�mde►su�policle9,tho Londor is euthorizea to ad"pist,colteat�d comprortiisa.., �
<br /> : ��,'�*}•�'�'�,�; � a!J'rslbimrrt�eram6er ertd sha3lxra�t}�o oDtion o4 aDDtyinO E(�or part oi the fnsuranee Rroamsd3(i)to any indobtadrte��cured hac+fry r
<br /> •%t� ` `,,:di':r;'�;• �.v,i;hr r�irfi arQ�Oa Lmnder msq�d�rmme,(i�to the Trustar ta Ae usad tor the�opair os 1ia�l�rna='wn of the Proporcy cr,�ii��lisr�ny ofhat 7,
<br /> r'�ti. ''`�i`,,.f, +
<br /> .�.i' 6�',, ,��r� , ' pui�trs�ai ok��:i's�tSsfectory to Lender withaut�tieeting tho�en of tAis Oeet�4!-Ttust 4o�t�io tu1)emaun�s�:urab Gis�llya:0efon3sud�:'.
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<br /> f:.:.i , '� +' • " Paqmen!ever tvrsl�tiptfp�o.My application of ptfse�ds to indebtedness shelFndi'�cremd'or pc3tpono tha dsic�•cfh�b ar mhi-lsr'iYa'rent's uii�rir• I
<br /> ..�„` ;1�' � ° � ehe Note,o�cuea'�y delauh thereuneor or hamvndnr. „r . . ".�i";'.'';'p�,'.,' .•''. " .
<br /> . ;(.' .. . • „ � 5.Earow.Upos�w�ittm QemenA by Lm�dFtr:'Ceustor chal!payrto Lendor.dn sucfi mennei ea Lender.�a.l�i�hlt�i,mifticient sitmr .
<br /> • ta mTSbte Lmnder to pay e9 tfsaY 6aeame duo ana or more of the folbwing: G)oil taxam, asaessments and atlkai wlr�igosi egainst.t!'r/o,�
<br /> Ptoaerty.(G1 tho prarte6ans an tfia property insuranco requira�he►eunde�,end Giil the pramiuma an eny moetgege m�uruneo raquireb by�',, �
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<br /> •�,' .3:,�}� . 8.Ntdntattr.neo.Rq�ako artd ComyGaneo witi�t�w�.Trustor shalf kaap the 6�ropeRy in good carrdit�rns•er.d�eyairs shal)pramplly.. .
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<br /> '� •;;F. ' ' • rapetr,a�te�laet+en�improvamc�snt whieM may be demaged or dastroycd;ehali noY commit m permit arfY�waste or deterioretiot►af ttio�
<br /> y �Y�;' � Propetty;ahaSl not remQVe,damol'ish or substantialty altar eny of the 6nprovementa cn tho Property;afia0 not cammit,suNer or parmit
<br /> „��; ���( , an�act to 6e Qona in or upan iho P�aparty in viotation o)any taw,ordinanco,ar�agulstion;and sha11 pay ertd pramptty disfiar8o at
<br /> - �' � � ��;1�; .-; � . T�votoe'a cast a»d mcpmse aIl ltan9,encvMbranee9 end chmge9 fev3ed,enpased or assaseod apuinst Mo Properry ar any paR theraof.
<br /> ± ; � . 7, Emi��rtt Oom�U�. Lender m hereby essipnaQ aU eompansatiori,awa�d�, damages enA otMor paymenta or rolief (heminaftw
<br /> : � ' 'Prooeed9')rtr cotmeation w'rth conQamnation ot othar tekinp of tha Porparty or parf thareaf,or for conveyeneo in li�u of cendamnution, .
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