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<br /> • �� ' . 3225 Y tiildyood Dr Gr�ad I�lattt� � � � �'`•
<br /> ._ - � �vhase m.aliin�addres�ts eretn'Ttus �t:'6r ir a�'ns8cr moreb � • � ��`� -
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<br />- .� . . . 1119TNEffiB. 1TtLe Dnin4o Asn��g�jP� ,� '�
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<br /> ° . whasa�iling c�dreas!s P.O. 8os i�fl7 Grand Ielead, [Rer�in"Tiruates"},anQ _ �K _
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<br /> � , � theBeneftctary. pive Poir� HaaBc ' , -` : `:�:,_ -�_
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<br /> . , i ..� �fiosa matling address ts , Z015 8. Broad�ell Gr�ad Ielaad. 88. 68802�1507 (her�n"Len6er°�. :� ;ry kl�---�__=-
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<br /> . FQ�VALUABLE CONSIDFAA7tON,Inctuding LenQer's extenslan o?cre�it tdentffted AereU to yE-`���-
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<br /> • • y••:' - i�2eie [3reensca e Iac (herein"�rrawei",whethor ona or rrsore)end tTse truet AereEa creatsa. """`"---
<br /> � ' ' tha recsfpt of which Is hereby acianowtsd�ed,T�ustor hsreby irrevac�biY granb�trans[�r�,comreya and aastgna to 7rwte�IN , �l•.,��_�_
<br /> ` ' � TRUST,Wi7HROlABiOFSALE,tarthebenetItar�dsecurityofLertQer.underan9subiectto�heterm9andcond3�onahe�einstDerset __
<br /> - _ • - toM.the resi propeRY.descrthed as fo![o�v� ----_-�-
<br /> . " . Lot One S 1) tireenscape. Ync. Subdiv�eion, Hall Cauntq, �1�Draske. . ����---�-----
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<br /> • TaIIether w(tA ail buitdtnQa.improvemems.8xh�res.st�eets.aiteys,passagaways.easements,�ghts,pnrritegee and appuRe- �` --
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<br /> .; „ � nancesiocated tnerean or in enywlse pertatning t�ereto.and,thelenta.issuessnd profits._rexer&tRn�anQ rematnderathe�an. . . ._ .. .�_-
<br /> ° � such persona!p►ayfstsj that ts auached W the tmprovemertts so as in conatitute a Nxtur�inctuding,but noi Iimit�ad-fo,heatlng end �r:__ _
<br /> - ' � � cooting equtpmer►�a�d togeUrerwith U�e homestead or maritat interests,if any,whtCh inLarests&re ttereDy rete8sed SRd waived:a11
<br /> � • " ot wh[,ch,incluQing repiacements and addittons therefo.ts herpby dectare�to De a part o!the real estate aecure�by the Iien ot Mta ��-.,_..---
<br /> ' "� ' .� Qeed of Trust end aii af tt�e toregot�g Deing reterred to hereln as the"Properry". �;:;'-
<br />_ • . . �"�-_
<br /> � " This Oeed ot Trust sfiall secure(a)the payment of the principal sum and t�lterest svldenced by a promtssory rtote as ct�edit - � n=�•'�
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<br /> . • � � . . a ment dated ���6e 28th 14�# .having e matu�ity date of January �0�h 2000 � � .--�,- ��
<br /> Sree �� �, ---
<br /> �- . . - .. . 25.€�P�.SS :�:.:
<br /> - --� � ,-� in the cdgina!prtnci�al amount ot� ,and any anA atl medH(caffons,extenalons and renewals ?'�•
<br /> • '. inerec8 or thereto and any and ai St�Cire sdvances rsnd re�r��ces to Bonower(or srry a9 them ti more ihan one)hereurtGei
<br /> , ,, pursuauit to one or more promissory natea or credit agreemer�Q�erein calied"Not�'};(b�the paymant of other aums advenced by ��s: :
<br /> Lender to protect tt�ca securlty of the No�(c)the�formance at a�i covananb and agreemen�o}Trostor aei toM herein;and(�ell .
<br /> ' � present and fuNre E.:�abtedness and olsiiga4fons cl8orrower{or arry of them if moro than orte)ta Lender whet�er direeR irr.dtreat,
<br /> � " ��,. . absotute or eoniingian!and whether ariatng by np�a,guaranty,averdraft or otl�erwis�The Note,this DeeQ at trust and arry and a11 =�.,
<br /> - • �°- � - �- other Qocuents tttat secute ttre Nota orotherwiea euecuted tn co�s:.ection therewith.tnctu�ing wrihout Hmiffitian guararrtees,secudty � ='►'
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<br /> ' ' � � agreemanis arid asslgnments ot leases and rents.aheil be roterred to herein as the"Loan Oocumenfs'. - �" "
<br /> ' � ' Truatar cavenanb end agrsas with Lender as toltow� � •�'��° •� •.
<br /> 1.Pa�t d tnd�badrNSS.AD Indebtednese secured hereby shall be pafd when due. � �� �.
<br /> ' � � 2.TilN Trustor is the owner ot the RropeRy.has tha dght and authorlry to wnvey tAe Property.ar�warranb tnat ttre 11en • z, .
<br />- creatad here0y is a flrat and prfor Ilen on the Property.except tor(iens and encumbrances set torth by Trustor in wrfUng and ;,�;: ;��.'.
<br /> � � �, delivered to Lend�r betore execuHOn o1 this Oeed of Truat and the executlon and detivery ofthis Deed otTrustdoes natviotate any . .;*_. �...T,r:�_
<br /> - contract cr other obligaUon to which Trostor is aubject �i �..
<br /> • �. � 3.Ta:M„AstNSnHnb.To pe�aefor0 delinquency all taxes,apecia!assessmenffi and all other charges agalnst the Property ' ���x�
<br /> ' ° .. ' � oow ar hereafter fevied. . -
<br /> • � � - 4. trnutane�TokeepthsPropertyinsuredagalnsldamagebyflre,hazardsinc(udedw(thintheterm"c�tendedeaverage".and �,.�
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<br /> •• � . . � � such other hazards r�Lender may require.in amoun�and wJtA companles aeeeptabte to Lender,naming�.ender as an addltlflnal .. _ . ••�y.:
<br /> rtamed insured.wifri toss payabttl to the Lender.ln case ot toss under such policlea,the Lender ie eut9�orized to edlusl.colteet and .� " ,
<br />,;F� • ' � campromtse.allctaimsthereunderandshatihavetheopUonatapptylrtgallorpaROftheinsuranceproceeds(�toanyindebtedrsea� '�-
<br /> � secure�hereby and In such arder aa Lendar may determine,@�to the Tn�stor to 6e used tor tfte repairor restoraUon of the Proaer�y► • �.• • ? : c
<br /> �'" � • or(Il�toranyotherpurposeorobjectaattafactorytolenderwithoutaHecHngthelienolthisDeedolTiusitorthefuilamountsc+c�ired ..t.���. ' €°
<br /> ' hereby betore sucb payrtrent ever took ptacs.Any appiicaUan oi proceeda to indeb�lness shail not extend or postpone the due f
<br /> �* • • date of any payments undar the Note.or cure eny default thereunder or hereundar. �� �+,
<br /> - � � 5.E[c r o w.U pon written demand b y Lender.Trustor shail pay to Lender,tn sucb manner as Lender rnay designate,su�ictem � � .. , �
<br /> ;. L. � , sums to enabia l.endarto pay as titc�t becorrre due one or more o1 the fol(owing:(i)all taxe�,assessments artd other Charges against f� . , ;
<br /> : • • the Propcsly;pi)the premtums cz�e prope rt y insurance requlre�hereunder,anA(iip the premluma on any mortgage Insurance ( •
<br /> . . . . requlred by Lender. � . ,` �
<br />� •' • � � 0. Mvnt�nsncsy R�paln and Compitancs�ftN Lawa.Trustor shall keep the Property in good condiUon and repalr,shall
<br /> 1 .,y � • i, r v ment re�icb ma be dama ed ar destroyed;shall not commit or Qermit any waate or ��� � ' '
<br /> . . � . . prompb`y repalr.¢c reDtace arry �ap o e y 9
<br /> � • Geterloratlan of the Property:sh2:b rtot remove,Gamoilab or substanUatty at:br any o!the Improvemenffi on the Propert�r.ahall not �. '�`;
<br /> _ � � • camrz'sL suifer or pe�it ar►y actta f�Qone 1n or upon the Properiy 1n vtolaUon of any law.artic:ance,or regutaUon;and sl�ali psy and � • �
<br /> � promptty dlacharge at Trustor's cc��t and expense ail Ilens,encumbrances and chatges[�vvied,Impose0 or assesaed against the � •
<br /> - - � . Property or afry part thereof. . :
<br /> • 7.Emtn�nt Danalrt.Lender ts hereby assigr�d all compenoaUon.awarQa.damages and other Qa�r�nta or reflef lhoreinaRer
<br /> � � "Proceeda"lincannec4anwit�eonQemnaUonarothertakingolthePropartyorpaAthereol,ortorconv��ceinileuotcondemna- ? {� �_ .
<br /> e ;
<br /> •� ' .tfon.Londer shatl ba enfltted at(ts optton to commence,eppear M and prosecute In its o�n name any action ar praceedings,and � •
<br /> ahsll atso be entitted to make arry compromise or setflement t�connectlon wffh such�kir,g or damage.tn the event ar►y poNon o1 f
<br /> - .�.� � . � . the Property is so te�cen or dematfied.L,ender ahail have the opUon.in Its eole and a�solut9 discreilon.to apply all ouch Praceeds. �•. _
<br /> � a8er deducUng ther�trom all cosfsand expenses 1ncurred by itln conneetton with such PreCeeds.upon any Indebtednasssscured
<br /> -� � . hereby ana in sucb order ae Lender may determine.or 4o appty all sueh Preceeda,eftgr auch QeducUona,to the reaEOratlon of the ( _ ' ,.
<br /> Property upon such condlUons as Lende►may Qetettnine.Any eppitcadon o1 Proceeda to InQebtedness st�atl nM exten�or postpone •
<br /> '. � ' the dua date ot eny paymenta undei the Note,ar cure any Qefautt thereunder or hereunder.My unappiled tunds shall bo pald to �� .
<br /> _ � . Trusta� � • '
<br /> w • 8.PMarmanc�by L�ndt�Upon the oecurrence ot an�vent oi Ootautt hereunder.or it any act ta taken ar legal proceeding i , . . . :
<br /> "; �� - commenced whtcb cnatedatty aNecte Lender's tote�est In the Property.Lender may In ib own dlscreUa�.but without obitgaUon to da 1 . ,
<br />'-�-� . s o,a n d w i t h o u t n o t t c e t o o t d e m a n d u p c n T r u s t o r a n a w l t h o u t r e t e a s i n g T r u s t o�i ro m a n y o b l i g a t l a n.d o e r ry act whfch Trustcr has � ..
<br /> "�� ' . � � Apresd 6ut falts to do and may afso do arry oUter ect H deems necessery to protect the security Aereot.Truator shali.immedtatety �.
<br /> " upor+demendtheretor by Londer.pay tu I�nder all costsand expensea Indurred and suma expertded by Lender fnconnectlon with
<br /> . the oxercise by Lender o4the foregoing rlghts,tagethe►wltb Intetestthereon atthe6efauit rate ptavlded in the Note.whicb shatl be
<br /> � ' � � �dded to the Indebtedness secured hereby.Lendor ahall not Incur any tlability because o1 anything it may do or omit to do � �
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<br /> _.___,_ __ _. .._ ftartrunder.
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