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<br /> �;"��' 's;;j�� ' THIS OE�OF TRUST ia rt►ade�m thi$ dtY Of 1994. TR4 Tcustcns�ate NILWIW 9F. .
<br /> � «!°� � % . SyYDER�d SHEIIA 14.SYYU�.h►st�d�dife�rrooecs•). T Tr�stec 1s Jahn R.Ora�ieli,Attar'txf+at�� � .
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<br /> �..._..� , (s��. �r p�ficiery.is the Nalt Ca�s�tY Houcis��tharity. 911 88��►D�ive, Grad Iatand.tl�
<br /> .,::-%'�;',��-•.ti;.;��.��; � t°Leber°). Bon�arers a�e.Le�Ser the�rtAeipat sio of S9:teen Tha�a�.Fareb�Qol4sre tS16,440.00). Tt►�s d�bt
<br /> �'rz�::'.�'�-:.;,,°,*.. . is e�rfd�nced bf►6orrarers' mte dated tfie s�date.aa this See�uity Instnant t�YOtap). uhiob pravides for
<br /> - "`°'":;,,`'�,�•'.'� � - �fiaes3 peysent five years fr�tfle date hereof. The SecuPitY Itrate�ent setuteo to La�der: (a) the e�Y�t
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<br /> of tAe dsbt ev��d bY trte ltate. �itb int+erest, ard atl eerKVats, extemia�s �nd apdiHcatians; (b) the , •
<br /> b��.<_�'`•:'= ', � pay�nt of'atl other sus, ritri iMe�est, edvar�ced uider parag�'aph 6 to pe+oxecc tise searity of tnis Seacsity ,
<br /> :. ;._,.`,..,`:�,•-:�°',_r�'z� . lr�ir�aent: and te) the pEcfor�ce of Bor�eea' cav�erits ard e9ree�ents. fcr this purpose: Botrodeea
<br /> fceevo�bly grar►t end ta►vey.�to Trustee, in tr�at� �ith pa�rer af cale, tRe follarirg deseribe�prop�ertY :` .
<br /> - . . . • Lot Seven tn, Fcactier,a�;BloCk Fiftea�(t5), dohn Y.�temeri's S�dbdivi�ion to ,
<br /> �� �� • • . tAe City of Grmd Isi��,•.it�lt Co�ty. e�asico.,,
<br /> _ - . � ,� Ttye�ilittig edd�'ess oR.,tih�lporroyers ia 1216 East Sttls„Gt� tstenl, NeDr�ice;�$80l.
<br /> .. '•�''` �: � TO�ETNER Y1T8 all the i�rovements naw or hereafter erected ar►thA Praperty.end all easments,�ights, _
<br /> '::�':i�` • ,..,' �vsanees, tents, m�d fixtures Aer�after a part of the praperty. All.replacemeq►ts and edditians shal l also
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<br />- :��.;:•,., he apyered by this Seeurity tnstr�ent. Alt of tfia taregoirg is referred to in tAis Sewrity Instnsent.as the. -
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<br /> � � � gpRitOYERS pOYENANT Met Borrorera are lortullY seised of the estate heraby cmvey+ed.ard have the ri�ft . _
<br /> •' - . ,'•^'•.`_ t�?,8t011i eTld CNltiey thB PrOpCi'ty end thet Lhe PI'OpCPly 1S la1EI1p�C1'Cd� ¢7(CCpt f01' C�ICt�ef1CCS Of.i'CCOTd. -
<br /> -����'�•'�� •.:�'�+. , lih�po�era�rarr�t�d ritt daferd geneeelly the titte to the Propesty a9atr�t all elafi�ard d�nds. s�bjees
<br /> • =;,� ... :�,-;','� � esr:i9nY enet�rancaa of re�xtd. . .
<br /> �.'�.�� • . COV6�ft1RS. BorroMeeB and Ler�6er+�rrenanL ard a9ree as fotlors: -
<br /> _ ` .�ti��.:.� . � : • '•;. , 1. �t of DeinCfpal end tet�a�est;P�ep�ayment end Lete Cherges. Barrorars shalt pra�lY P87�� .
<br /> - ' •'+'� :: due the prineiQat of the Gr�s e�+iderteed by the Bote and anY prePaYment end late eharges due urler the Na2e. : --
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<br /> , ..:':;;:;. 2. Ro�ds for 7�ex�arri�ttsurence. Atl rea!¢stote texes erd insurance shall be p3id by Barrorers wtten.•
<br /> • ;e•��•;i;. � . � • due. � • '� ' � - I.
<br />- ���..,`•,�.". ' I. . 3. Qscrges; Lieru. Borro�ers shall PaY all teaes, esu�aarrente. dwrQes, Hnes. end icpositiona
<br /> T� ettribuEnblee ta tha P�oy�.?ty�ich may ettein pMority over this Smaity Irotru�t, end leasehotd payments
<br /> . ' or grwd rents, if artyr. la��a�ees shatl pay these obligations in the mamer pr�oyided in paragrepA 2, or if. • �
<br /> erot paid 9n tAat eerrter.Eceror+ers shatt py t�an an tiee�ireetly to tAo persoa aa=b payment. 6orrawars shati. `
<br /> . pra�stly furnisA to tendee atl notices of amotnts to 6e paid �nder thia paragraph. if Borrorere �1ce thq�a �
<br /> . payments directty, Borrorers sfiall prmptly furnisfl to l�der recefp:u evidencing the payments.
<br /> • � . � ' . Bacrc�i�a shatl praaptty disehar�ga�atsY tien�hidf has prfcr§ty qvor lAis.SeeueitY Iryrtrttaent(eueludir� �
<br /> .�'•.: ' erry first d�a�tnisU u�elegs Borro�rs: �e)e9ree 10 rritit�tc tli��t3ayment of thc ohtigattxn saeured by the �
<br /> � �' . `�!:;'� '.�•• litn in a m�raie�eeteptEE��to ler�derf (b)conteet irt good 1aiYA ttse lien Ey; Fr�zfend e9oirist.enfoeee�nt of
<br /> . d' ' �>:�,�`•`' the li¢n in, legal proecedit�a d�itb in tAe lende�'s opiniart�ereRe to prevent tt+°�e�orcement of tAe lien or
<br /> �'���`' • '• faHeiture o!atty paK of ttc�PrapertY: or�a)seeure t�c�tha ho1�r•of the lien en e9remer►t satisfnetory to �
<br /> *i�.� ' ��• Ler�der s�orEirt�ting the lien to tAis Seeurity Instnieent. If Lender Qetetmitka thet c�ry parc of tDe Property `
<br /> - ��. • '" • ia s�bJect to e tien wAteh aey ettain priority over sMe Seeurfty(t�ir+�errt, 1.enser rt0y give Qarrma3ea o notice �
<br /> ''�•• � ldentifying the lien. Bo�rarers shaU satisfy the Lien ar tate ane or mo�o of tho ectians set�forth abovo
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<br /> .t,. , xitMn 10 duys of t�e giving of notice. !
<br />_ " ; . .,.'.�}; '
<br /> `' :��.' 4. xa�rd lns�rr.nee. Borroaers s�atl kee�the i�reveec�ia rtow e�isting or he�eafter erecte�dn��tca .�
<br /> :. : :... � � property insured agai�t loss by firo, �atards fexluded within the term °exterded caver�e°.�u�d enY 5'�er, .
<br /> � '• Aazards to� M+ich l�der �eaires insur�. Thia i�ura�ce shall ba m�intalned in the�mts and•for• th9 ,.
<br /> ' ��� petipds that lender reqiires. TAe insuranee ea��ie� pravldifg tAe insuranea aholl be chese► by 9orrorers .
<br /> ` . .' , . s�ieer to �erder's appt�av�l ditch shall tmt be u�reasanably riMhetA. .
<br /> - ,,. '. `' Alt lnsurance pol icies,and renerale shall be aceeptable to te�er ard shelt include a statfdard�rtgage
<br />- � •.� ���,_ . " elause. lender sAail Aava thQ rigAt to hold the polieies md rem.wals• If Lerrder requires,.Borrouers shatl ,
<br /> •. '� � • praeptty give to I.ender a!l reseipts of paid premi�a�d�eneyal notiees. ln ifie event of loss, Ber�oaers
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