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<br /> - ` FOR VAl.tlAB1E CONSIDEHA7'lOt�tnetnding Lrender's e�nsiort o!credit iden4ifled herein t��'ORY A liELSEN ";.� �..'��`.':Y� 4•r s� �=
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<br /> , ' (herein"Borrawer",whethsr one or marey and ths cnast hereirt c��d: � . .
<br /> -- {f •` .t;.: 4,'te[�[�2 ot whfCh is her8by atkrtO�Iedged.TrusLar he�Y(rtevocabiy graerts.traa-�.`ars.convays and assf�t7��rusi+�(1L1 , �
<br /> - ,�, ``-., `'; �.lFS��`1)THPGWEAOFSAP�forthebanefitartdsecur�4yatl.eader.underartds�"id�ec'it�et�etermsartdcoaQitransC�ccainaRerset �
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<br /> ' �= �Y S'"r�2I �Erj. I!3 81ACli Tii�'aEE t3) Iti �E{tF, F3SST ADDITI01� T'if 7'HE CIT'1 OF �AFID � . � -
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<br />��`" . � 7oqe�'�2err�h a4f bui!Cir.�st iir.p�.fiuhires.s�eets.aileysr Q3ssageways.easementa.rt�rts.pfirile�and a�a�a=t�` � s„ + f � :..
<br />�:. � ` aartees loc�i�tS3areon or�n ar�yvr+�e�iitrtQ�ng therGta,and the rer��issues ana pmfits.reverslaars and remaindars ther�� � y,
<br /> r;� .�,_�s�.o-._ such personai prope�ty that Is atta�t�i±�e improvemenffi so as to�ARe a flxture,inctadirt��not 9imited to;AeaUrtg€�. : ' � .. �-�- Y��-
<br /> ' ��� � � caolingequipmen�andtegetf:erwitfet��ftcmesteadormaritalin�eres�.ifany vrhicP�InterestsareP,�reSyrefeasedandwaive�c-!1:� .. ,,. • '`'�='�:
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<br /> -. ��* • � :�•:�• mf xrt�tch.inc(uding reptace�c:�ts end additions thereto.is hereby dectared ta be a�.�tof ths reai estate secured Dy the lien of�::3 �,::.,. , •'.�;f��,t���:�.
<br /> ;:;:�-. � . =•Y. Oeed of Y[uat arncf afi of ths ain bein reSsRed fA herein as the"Prope►ty". .
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<br /> ��-=-=--'- � ..::-.:.. This Deed of Tnut shait s�e(a)fAe payment ot the prlrtctpa!sum and i���evtdencc-d Cry e prom(ss�ty ndte or(�,�t :'�::.. .11�E: .
<br />-a�. , y 8greementdafe0 ��ci� 3�th 1495 having a maturily d:.�.c} Aer�i Sth 1999 ,. ' ����". . Yrl�#�� 4
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<br /> fm the orfginal pdnc(pai a�nourtt ot� 10.000.g0 and�;��i all madiflcaUona,exbensiart3 c:d cen�uats 'm.+,< . r ` :
<br />�-�' ; . ti�ereol or thereto and any and etl future advances and readvances to 8errc�rscr iflr any ot them it mo�e t[�urs+���ereur.dar ��e'�' :".:•'';'�: '�
<br /> � ' ''�` pursuant to ona or more promissary notes or credit egreements(herefn�Rod"t�a;a"'k(b)the payment of other sw�ns t3dvance��� • • •�,,•?F: ,.: �
<br /> �,�. .:.�� ...jhr:J LsnQertopraLectffi9securltyoftheHot�(c)thaparformanceofalicav�-r.-�..'stsandagreementsotTnistorsettor�herein:art�(d�.�t3 - '
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<br />�':: -.�; � •,.•,{;�,�; presettt and tuture inde6tadness and opligaUons of Borrower(or eny of tttom if more than one)to Lender whether diiz�6ndire�;t. , .,,;� ��
<br /> . . .� � absotut�or contingent and whslher arising by nota guaranty.overdraft or ott�erwlss.The Note,this Oeed of Tnist end�any ana a!1 •f`,:_�;�r
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<br /> � atherdocaerttsfhatsecurethe Niote or othenerise executed in connection t��reviith,inciuding withoutlimitatlonguarut{tc-es.securit+j :.:��.
<br /> . � •�. : . • � sgre8menb and assignments of leases arsd rents,shatt be�eferred to heret�as the"Loan Oacuments". �--�:'
<br />;�'�: ': . Trustor covenants and agress wf�Lender as foilow� ;•- ".
<br /> 1.P�sym�nt ol tnd�6taQfi�.All indeb�dness secured hereEy sfiall be patd whan dua . _�
<br /> __ , ' 2 T�te.Trustor ts the owe�er o1 the Property,has tAe right and authortty to convey the Properry.and warrants that the lien� � ' �
<br /> — �. �' • created hereby is e fi�st and prior Iten on the Proparty.except tor liens and encumbrances set foRh by Trustor in wriUng and • �, .-:�%
<br />--"`` � ' Qelivere0toi.enderbeforeexecutlonolthisQeedotTrus�andtheexecWonenddaliveryolthis0eedofTrostdaesaotvtolatearry .. � :r'�:��-
<br />�1'+ ` contreC!or ether ohltgaUon to whtch Trustor is subject �`�'1'�•
<br /> ;��;f�f,�`: ,• , ` 9.Tuw.As�sanfs.Yo pay betore delinquenry atl taxesr spaciat assessmenb a�d all other charges against the PropeRy . '.
<br />-���,: - ••. :' r now or hsreafter tevieQ.
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<br />� =��; � -- � ,, 4.U�s�aa�.To keep the Properiy insured agairtstdamage byfire�hazards inclttded within1�Btsnn'extended coverage",and • . �
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<br />_� �� � < •� �}•�;. suct�other hszards es tsnder may require.in amounts and witA companies aecept�bie to Lender.naming Lsnder es an eddiftqnai� . .
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<br />�+ • ;.. named insured,wlUr los3 payamte to the Lertder.(n case of loss und8r sueh policies,the Lender is authorized to adjust,coitectatt� '•���•�:+;
<br />=s��, ,�� ', eempmmfise,allclaimathereunderartdshalfhavetAeoptlonolapplyingetlorpartottheinsurartceproceedsOtoanyindeDtedness . .• : �-,-
<br /> � sc�redherebyan4insucbotderasLendermaydet+ermine(iijtotheTrustartobeusedfortherepairorrestorationotthePropeRy . =';s.:':,' "
<br />'��, � �•,��' arpi�forarryatherpurposeorobJectsaUsfactorytaLenderwithoutaYecUngtheUenotthisDeedolTrustformetuttamountsecured . . "'•-` ��
<br /> � ' 3��h��� hereb betcrt�such ent ever took p(aca My appticatton o4 roceeds to inQebte4nsss shal!not extend a o ���'''.��'
<br /> � x�:, Y P� P P s�one the due .
<br />-^ •� ;�3�,��, . date o4 a�payments under the Note,or cure any defautt tltereunder or hereunder. .
<br /> � , , ���}'� S.�.Upon wMtfen demand by Lender.Tiustor shall pay to Lender.in sucb mannor as Lsndar may designate,sufficient � � ..
<br />_ :i;;;� , � � � uamstoertabfeLendertnpayasMeyDecomedueoneormoreofthefoltowing(i)alltaxes.essessmentsartdotherchargesagatnst .
<br />- � `��`>��' ' � �• Ihe Property.(i�the pre�rslurtr�on the pcopeRy insurance requir�d Aereunder.end(ii)the premiums on any mortgage insurance
<br />�'� " •• '' requtred by 4ender. � .
<br /> �` r g,MaUt4nant�,Rapatrs an�f C�mppmc�w�t�La�.Trustor shatl keep the ProAertU In good conditlan and repatr.ahail •
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<br /> promptty rapair.or r�ptace arry impravement whtcA may be damaged or Q�fraye�aha11 nat cammit or petrtiit arsy waste or . . .
<br /> �� • . •� r _; Qeterioration of ft►e Prapmy.shafl no!remove,Qemolisb or sub3tantially alter arry o1 tha improvements on iha PropertY shall not . .
<br />--���? .' ' � ,commiLsufterarpermita�ye�ttobedorteinoruponthePropertyinvlofaUonotanyrtaw,aNirtance.orregufa�or�andshallpayertd '
<br /> ..�� . . �.►:. �promptry discharge at Truato�'s cost and expense a11 Itens�encurMrances and charQes teut�,imdosed or c�sses�ed against tlta +},,:
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<br /> �� ' . .�;. Propetty or aay par3�terreoi
<br />�`��� � � ., 7.Eee(Rit�Oom�Lertdar IS heretiy assigned atl eompensaUon.aviards.damagtr9 and other payment9 or rettet(ABreinafter �
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<br /> "Ptoc�eds"►taconrtecUonwithcondemnatienarathertakirtgotti�oPrapeRyorpaRfhereof,arforcornrsyanceinlieuofcoadamna- �i;.. "
<br />-=� � ' ' flun Lender sAaSl be entitfed et Its opiton to comr�enee.appear in and prosecut9ln tb own name elry a�tlon or prace�dings.and . . � . �
<br /> - - , shaii atso be entiUed to make arty compromise ar settte�rtant in cannECiian wtth sucn ffiking ar damag�tn the svent any por4ton of �. �
<br />�;�:.� .���� the Pr�nperty is so taRen ar damaged.O.ender shall have the oattn�U Ib sofe art0 alfso(ute di5ctetton.to appty all sueA Proeeed9, � . .. . ,,
<br />_,�y�;;;.;,':;�,`'� afterdeQucBngtt�eretroma(IcasbendexpensesincurredbyitlnconnecttonwithsuchProeeeds.upananyinde0tediies9s�cured ; •
<br /> ��. -�. "' haretiy artd in sucA oNer as dendor�nay deteRnJrre.ar tu eppfy all sucA Proceeds�after such dedudicns.to tho rasmratian of tA� � ,
<br /> -.�,�;,_...,., • .. PrcpanyupansuchcandiUonaasLertderrt�aydatermin�My�ppttrattonotPraceeQstotnQaDtnMessshallnotextenda►pos�one � ,
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<br /> -. � . • fhe das dab af any paymenta under the Hote.or eure eny detaute thereundar�or hereurtder.My unappfiad tunds stia0 ba paid to � � � .
<br /> - _ ' _ Trustor. E • . .
<br />� ' ' 6.R�taiauns�by L��r.Upo�trta occurranco ot an Evant ot Qefautt hereunQer,or i4 any etit is talcen or legal praceeding �
<br /> _,�-:.��..�.. .� . comunene�dwhtcbmat�ristlyaffe�taLenQe�'sintsresi[nthsPra�erty.LenQarmayinibawndiscrotian.Dutwtthautobf2gaUonUodfl l .
<br />���"� ; . so,artd withoN noUce to or desnand upan Trustar and without releasin8 Tiusmr fram erry oDltgation Qo erry act which Trusmr n'ts � .
<br /> � agraed but faits3 to Qo artB may atao do any►aMer act it Qeems rtece.s�yr to protoct tne s�cwity hereoL Tn�smr shalt.Imme01ateSy � , -
<br /> • . � . ,� uFondamandthereferEyl.ertdar.paytoL�nQeraileosL�andoxpensesineunadandsumaexp8rtdedtiyLenaerdneannectionwitt� . . ..
<br />- ' . • ,. tit9ezerciSaEyl.etuierotttt9torogoirtgBgt�LRtog�therwitbinterestthereonattheQataWira�provid2�ininaEivut.s�'s�:si��.�'v �— - ' --
<br /> - � _ ecnted iv thg ir�ehLOdn2ss seture0 herany►.Landar shaU nat ineur am/lia�iliry berdusv af anyWrtg i�m�y do ar omiE to Qo k , - .
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