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<br /> � �• Tt•1!9 DEE��F'�{tUi'P,Is msde ae o1 the���dgy N- D��.--- �,t0 9'� by end amon8 .. _"�
<br /> - ' Ihe Ta�etor.___._ �.G1(L.1d.�.�AlA�t�'4 � Anni�I.��vav�� humh�gnd vita�_„_ _ �
<br />_'. � � who�e m�Ilirp 9ddr�e I� '��Z�orth l.aou�t struet Gxand Iolenc�ereln"Yruat_o�,"w�sihsr��e ur mor�), , , �
<br /> �. tf10 IruOteo. F'�lc;e Roiii�;�ii'�'�G���!sa C�rn�gG�lS�if.. � , ., :�,
<br />� whose mafling eddres�la p•0. Boac 1507 Gra!nd Ieland, HE 60k302 �hereln"T�u�tae'7,and � '�
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<br />- � Five Point� Bsak �'��
<br /> the Be�eliafary. � .
<br /> „ whoae maUln�addrese la 2015 N. Broadv�ll [irand Ieiand� Nfi. 68892-1507 (he�ein "I.onder"). � ��_
<br /> � �Y�tj �. LfiiFiDE+P$ c .
<br /> FOFi VALUABLE CONSIDERATION,Including Lsnder'e Axtenafon of cred(4 Idontiiled herein t '� �.: •��• �� �`�
<br /> .� '�y�• .��. ... �
<br /> R An41e Luw�rt (hereln"Bc3rrower",whether one or moro)and the trunt hereln created, •; �' �
<br /> the recelpt of whlch is heeeby acknowlsdped,Trustor hereby irrevocabty grente,trnnetere,conveya c�nd aealpne to Truetee,IN �• ��•�x;,,�
<br /> � � TRUST,WITH POWER OF SALE,for the bonetit end security of Lender,under and eu4Ject to the terms nnd cond(tlona herotnafter set '"�"'�'�'��°"'r��
<br /> t - farth,Me real property deacribed ee followa , .�,.Y•;:'`�-�'�"�'�'`
<br /> ; LoL One !il, �loak Five l5) of Ruasel Mhegler m Addition tu thv City oi .� Y,�";�,;��z.:__.
<br /> � . Gsar_d Ie3end, HAxl County. �lebrek�� _. '_'-_��_-.
<br /> . , ;�'�—y .--
<br /> � �N��� ---
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<br /> } LY, ��:,:�.
<br /> ._ . ;�T.'4�'�`}�•`�',.:r.
<br /> � Topether with all bulidings,improvementa,fixtures,streeis,alieys,pussageways,easementa,righte,prlvllsyes ertd eppurto- ,��.;;�u�;, —
<br /> ,, nences loaated iherean or in anywise partelning thereto,end the rent�,issues and protits,revecalona end remelnderethereof,and ,�•'--� -°°---
<br /> such personal proporty that la attached to the Impro�ements eo as to constitute e flxture,Including,but not Iimitod to,hesUnfl end �� -_''"_-''�?-���P• _
<br /> cooling equipmen�and together with the homestead or merital fnterests,if any,whtch Interusta are hereby releasad tatnd waived;all ,'��. ��,a��� -�
<br /> of whlch,InCiuding�eplacements and additions thereto,Ie hercby declared to tre e part of the reul esmte secured by the 1len of thla
<br /> � Deed of Truat and ell of the toregoinp being raferred to herein as the"Property". �
<br /> � This Deed of T�ust shall secure(a)the peyment of the principnl sum end interest evldenced by e promfsaory note or credit 1 "�Y, -
<br /> h �- "
<br /> Dece�ber i5th 19�4 ,havin a maturi date of January 15th 208@ �`���>-� �
<br /> . aareement dated 9 tY � ;�;r�.
<br /> •- in the origi�al princtpal amount of$ 25,020.50 ,and any and all moditicatlons,extenafons and renewala '� �.�
<br /> , thereof or thereto and any end all future advances and readvances to Borrower(or any oi them If mare than one) hereunder �` '?"•
<br /> pureuant to one or more promtssory notas or credit agreements(herein catled"Noie");(b)th9 payment of other awre9 edvenced by �,rti
<br /> Lender to protecttha security of the Note;(c)the purformance of ell covenants end agreements of Trustor se!forth heseln;and(d)ell
<br /> � present end future Indebtedness end obligationa of Borrower(or any of thom Ii more than one)to Lender whethor dlrec�Indirect ••�
<br /> absoiute or contingent and whether erising by note,guaranty,ovordraft or otherwise.The Note,this Deed o}Trust and any and all ! ;1� ,
<br /> other docuenta that secure the Note or otherwise executed in connectlon therewlth,including without IlmitaUon guarantees,securiry
<br /> agreements end esstgnments of leases and renta,shall be referrad to herein as the"Loan Documente". ;�'
<br /> Yntator covenants end agreos with Lender es tollaws: '• �
<br /> 1. Paynnnt ol lnd�btsdnn�.All indabtedness secured hereby shall bo patd when due. �"w''
<br /> 2. T61N.Trus!or is the owner o}the PrQperty,has the ripht and euthority to convey the Property►,and warrants that the Ilen ., ��`':.;�c
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<br /> " creatsd haroby is a tirst and prior Ilen on the Property,except tor tiens and encumbrances set forth by Truatar in wrlUng and .N;�:'' �. " e
<br /> delivered to Lender before executlon o}this Deed of Trust and the executton and delivery of this Deed of Trust does not violate any •��-.�/ • �'
<br /> � contract or other obltgaUon to which Truator la subject .`'� "�:���
<br /> ��'�: 3. T�x�f,Asussm�nta.To pay before detinquoncy all texe9,speclul assessments and all otlier charges agalnstihe Property �
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<br /> now mr hereafter levied. fc:�
<br /> 4. Intunnc�.To keep 4he Property Insured egainst damage by fire,hazerds Inciuded withln the term"extended coverego",and " - -
<br /> such other hazards a�Lender may require,In emounts end with compantes acceptahle to Londer,naming Lendera3an edditlonal . .. • �
<br /> '' named insured,with loss payebte to the Lender.ln case oi lo�s under such pollcies,thfl Lender Is authorized to adjusL coliect and � .�{
<br /> j� � compromise,all clatms ttiereundar and shall hnve tho opUon oi epplying all or part of the insurance proceeds(I)to any Indebtadness - ���
<br /> � secur�etl hereby and In such order ea Lender may determine,(II)to the Trustor to bo used for the repair or restoretion o1 the Properiy �'' • .
<br /> : ' or(III)tor a�y othor purpose or obJect satistactory to Lender without aHecting the Ilen of thls Oeed of Trust for the full amount eecured ' I'-
<br /> -` - hereby before such payment ever took ptace.Any appllcation oi procoods to Indebtedness ahsll not extend or postpone the due
<br /> dato of ony paymorts under the Note,or cur�eny defauit thereunder or hereunder. .
<br /> ' S. Efcro�r.Upon wdtten demand by Lender,Trustor shall pay to Lender,In such manner es Lender may desigrnta,suf(lclent
<br /> sums to enabis Lender to pay as they become due one or more of the following:(i)all taxes,assessmenta and other charges against •
<br /> - . � the Property,(ii)the premlums un the properry Insurance required hereunder,and(IH)the premiums on any mortsane Insurence .
<br /> required by Londer. •
<br /> i 6. MdnNrt�nc�. R�paln�nd Complttnc�with Low�.Trustor shall keop the Property In goad condlUon and repalr, :�hall .
<br /> � . - promptly repair.ar repince any improvement which may be damaged or destroyed;shall not commit or permit any waste or �
<br /> � dotcrioretlon o!tho Property;shall not remove,demolish or substantfally elter eny ot the Improvements on the Pro�erty;shall not i
<br /> commit,suHor or permit nny uct to be done In or upon the Property In vfolatlan of any law,ortllnance,or regulaUon;end shali pay ond •
<br /> promptty discharge at Trustor's cost snd expense all Itons,encumbrunces nnd chargos levied,Imposed or asses,sed agalnot the
<br /> � ,. Proparty oe uny p�rt thorcof. �
<br /> 7. Emtn�nt Domatn.l.endor Is hereby esstgned alf compensation,awards,dama3as and olher paymenis or relief(hereirtatter
<br /> "Procc�ds'�in connactlon wiih condemnation or othor taking at the Property or part t�ereof,or tor conveynnce fn Ileu ot condemna- �
<br /> tlon.Londer ahnll be entitlod ut Its optton to commonco,appoar in and prosocute In It9 own numo any action or praceedinps,and '
<br /> shnit ulso E�oontitled to mako any campromise or sattlement in connectlon with�uch taking or dnmage.In the ovent any portion of
<br /> tho R�operty Is so taken or do:maged,Lender shall h3ve the opUOn,In Its solo and absalut�dlscrotlon,to apply wll such Procoada
<br /> _ -: - -_ _ nit6r deducUnu therefrom all Co9ts and expenses incu�red by It I�connoction with euch Proceeds,upon nny indebtednes�sctcurod
<br /> _ - _ _ _ _ .. - --__ . . -
<br /> hereby and In sucn ordor a3 Landor may doterminv,or to upply all auch Proaeed�,ufter such daduction�,to tP�e rostoraUon ot tho '
<br /> . Praperty upon Qtich condltt ons as Lender may detertnine.Any appllcaUon of Proceeds to Indebtedne3s shnll not uxtnnd or postpone
<br /> �" the duo da4�01 uny payme�ts under the Notg,or cure eny detault thoreunder or horeundor.Any unapplted funds st�all bo patd to
<br /> � TPU9tOP. '
<br /> �`. 8. P�rtbm�anc�by L�nd�r.Upon ihe occurronce of an Evont ot DotaulY horeunder,or ii nny nct Is teken or logol p�ocQedtng '
<br /> t . commenced which mnterlally aNecte Lender'e Interest In the ProReriy,lender may In its own d(scrotlon,but without obligation to do
<br /> s4,and w(thout norico¢o or domend upon Tfustor and without releasing Trustar irom uny oblfgatlon,do ony act whtch Trustor hoa
<br /> ogret►d but Ialls to do and may eleo do eny other nct ft deems necessary to protoct the security horuof.Trustor s�ali,immedlatety
<br /> � upon dem�nd theretor by Lender,pAy to L.ender flll costs and oxpe�ses Incurrad nnd sums oxponded by Landsr in connectfon with
<br /> ' the exerCisa by Lender ol tt�e(oregoing rigltts,togathor with Interest thorROn ot the detautt ratv providod In tho fVotO,whfch ehall bo
<br /> �l � udded to thn fndebtedness socured hereby. Lendar slhall rtot incur any IlnAlllry becnuso ot anything It muy do or omit to do
<br /> � hereundor.
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