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<br /> P.:l. I]Ogf 1591� Crrend Island. N� �66882 - ----- „ it�r'Mr�"TYut1�s"��u�
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<br /> F l.ve� �'rsAata Bank °"""'"'
<br /> the eena�c�ary. .....-.--�------
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<br /> 701� H. B�aadwoli Grend Y�1wnd. I�E. Fs8AD2-15f07 _�„__._(here�lr►"lrandsr'?.
<br /> — who�rtraiiin�adG��a ia • �----�- onty J Hsslenf�ltlt �
<br /> FOR NALUAdl.�COiVSIDERJ►T�OW.�ncludln�Lender'e e�tenalon of credlt Ider�HHed horsln�
<br /> 6 Anreie !S Hadenfe�dt �_____, (hereln"Bo�rrpwor",vrhethgr:,��a or more)and the truet ha►�In cre�ted,
<br /> the rxcalpt oi vrhlch le Nereby acMnowted�ed,Trueter hereby ISf8Y0CQbly g�8ltts,tranaters,cAnveys end asnlpn�to Truawe�IN
<br /> -� TfiUST,W��H��RbFSALE,forthebensf�tanduscurltyatLesnder,underandsubJecttotfletermea�ndenndlUan�harslru�Hersst
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<br /> twM,ths red wroperty,de�cribed as tollaws: _
<br /> - i.ui Sa�"oC. t?) 4�YCHEY SF�9�:�T1� SUDDTVISION CI7`Y UF GA11HU IS1,AllD, ➢�ALL C[iU e
<br /> HEERA�BA.
<br /> - =.�:�rm�.;�ww_ra
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<br /> w_����,�.� Tagether wlth ell bulldl�s��Improvement�,flxtures,streete.eilnYs,�aasageways,eesen�eMe,rl9hfa•P>'Ivl�apea and appuMe-
<br /> �nnce�lacat9d thereon or In anywlso perta�nlnp thereto,end the rents,I�suee end protlte,r�ve�'slons��ot�at�fd�he��fl a d
<br /> ��- such p ar3onal ProPertY Yha��e attached to the Improvoments eo aa to constltute a ilxture,Includ(np,
<br /> ---� coollnfl equlpmen�and tosotber wlth Sha homestoa d or mar l t e l in t e r e s t e,t f a n y,w h l c h I n t ar osts ara hereby rel�aeed and wa(ved:all _
<br />=-��:���+���� 04 whlch,Mcl�ding roplacements and additions thereto,Is heroby dectared to ba A paR of the real estate secured by tl�e Ilen of lhla -
<br /> �����_� Dead of T�ust and ell 01 the toregolnp being reterred to hereln a9 tho"Property"• _
<br /> -_---=:-a� a�„�_�.., e„e�.;;r•��avUannr�d by a nramt$sory note or crecJit
<br /> � :,a_�i iiit9 iJ9O0 Oi�fUSL 311a17 BBCUf9(6j iite(inyniViii vi Qi�o Nnuo{Na.oJ.^•!....�.. _—
<br /> %�-«�_,?�,� �_ . �ato4�er 31pt 1995 ,
<br /> ""���?-"'t��',� agreem�nidated A,pril 20tt� l�J`35 —,�BV�flp et maidiu`y uat'v 8,
<br /> "�.'`�=` 2P1.000.Q10
<br />�°�'F�` : �� in tho orlglnal princtpal amount of S ,and any and ell Pnoditicatlona,extenslons and ronewal9
<br /> y���n�;�+; �`� thoreo!or thereto and eny and all future advances end��advances to BorrorKet(ror any of thom H moro tia�el one)hereundsr
<br /> v--. �-�.. .. pureuant to one or enure p►amissory notes o�cr e d l t agraernents(hereln called"Nate'�;(b)the payment of ether suma advanced by —
<br /> '���_•�'�_��: Lertder to prot&ct the securlty ot the Note;(c)the per�o►manee ot all coven�nt�end egreements of Tnintor set tortt�hsreln;and(d)sIl _--
<br />--;�` ��� � ' present and tuture indeb:edness end obfigations of Borrovyer(or eny ot them It more than one)to lender whethar direa�Indlrect, �__'_
<br /> ��"'�`��`',. absolute or conUngent end whett3er arlale��by note,guaranry,overdratt or othervvlse.Tho Note,this Deed of Trust and any and all _ ,
<br /> ��� 6 Ya other dxuentethat secure the Note or oiherwlse executed In connecUon thorowlth,Inctuding without Ilmlte.tlon guara�tees.securtty �=:�
<br /> �'��' ' ' egreemente rsnd asslAnmente of leases and re�ta,shall be r�fer�ed to herein as t�e"Loan Documenis". ti-�=.
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<br />'��•�''� � Truster cavenants ard agreas wNh Lender as follows: �-
<br />���Y�+�: ; �� s' �, �,r„�„t a�„�.b�,,..a.AI!Indebtedness secured heraby shaU be patd when due.
<br />-�;;xi`'.:�'.�..,_ � -
<br /> :__,�,_,�,� � 2. T i i N.T r u s t o r I s t h e o w n sr of tho Pro pe r ty,h6s the rlght anal authorlty to convoy the Property,and warrants that the Ilen ,:V;.
<br />- -r� ..:'�-15-�?�,
<br />-^,,.;�,�-_II, creatod hereby Is a first end prlor Iten on 4he Property,except for UQns and encum br�rtces s e t f o r l h b y T r u s t o r i n w r i t i n g and `:_
<br />� }, �- dellvered 4o Lender be9ore exocutton of thts Deed ot Tnsst,and the dxecution and Cetivary o9 thfa Deed of Trust does notvlolate eny ���_
<br /> 4;-�;,���. , contrac4 or aiher obligaUon to wNlch Trustor Is subJoCt
<br />'�;-'"s!'' - - 3. Taxta.Aas��m�nt�•To pay hetore deCnquency all texes,speclal assessmonto ar+d ell other chargos m�Nnst the Proporty �'__
<br /> �` = -,.ti,�: now or hereafter levlad. -�'��
<br /> -��}�'{•°•� 4. In�u[tunee.To keep the Properiy Insured agalnst damage by tire,hazards Incl udod+althln the term"extendod coverage",and � _
<br /> :c:.;�, r.�.a.� �4.::,.. .
<br />__.;,.;?� .�,�,t;!j`, su�h other hr�rards as lendor may requlre,In emounts and wlth companl�s accepteble to Lender,namf�g Lender a9 en addfUonal � �
<br /> :;:,;:�,;.t�.�ti „ � named fnaured,with Idss+payabta to tho lendsr.In case oi loss under such poltctos.Ihe Lende�Is authorized to adjusf,cal�set and
<br /> ��r �::�•.r. � compromise.all clafms thereunder and shalt have the option of applytng all or part of the Insurance praceeds(i)to any Indebtedrtess
<br /> "�� oecured heroby and In such order as Lenc2er may dete►mine,(ii)to the T►ustor to ba used for the repalror rostaraUon ntthe Pr�porry
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<br />'���-: '��r' ,. j or(lih tor any other purposs or obJect satlstactory to Lender wlthout atfecttng the Ilen of Nls Deed of Trust for the tull amount securerl .
<br />-:_-�Y_; ' °••;. ; tvareby beSoro su�h payment ever took pface.Any appllcatfon oi proceeda to Indebtadness shall nat exten�d crr postpone tho due
<br />:Li*•��� •°��� I daiv o!any payments under the Note,or cure any default fhereundar or hereunder.
<br /> � 6. Escrow.Upon vrritton domand by Lender,Trustor aha�l pay ta Lender,ln auch manner as Lvnder may desf9nate.�u�i�ient
<br /> ;_ �-.'- '�. � ..
<br /> "-� �`?'?�` `:: � sums to anable Lender to pay as they beaome due one or more of the tollav�Ing:(q el l taxes,assessments and other charges agatnst
<br /> � y��� ��= the Proparty.pq 4ho premlums on the property InsuranaA requtred hereunder,and p l l)t he premfums on an y rer�rtgags insurence
<br /> '�`�`-.°'__:.,`�'x requtred by lender.
<br /> � �:W,�,;�-�r'�''j�•. 8. Mtlnt�nanc�. Rtpaln arod Comptl���co wtth Lawa 7rustor shall keop tho Proporty fn gaod condltlon ae�d repalr,shall
<br /> - •� ��. prampUy repalr, or rtsplace any Im�xovement whlCh may be damaged or destr�yed;shall not commlt or permit any waste or
<br /> • -• � �� datartorutlon o!6�e P�opertY,ahatl not removo.demolish or substart8aliy after any of tho Improvements on the Praperty:�hatl not
<br /> w'�:�t`..,=�..>:;� � commlL autteror qemnitnny act to bo dor+u in os upon the Property In vtolatlon of sny law,ordlnaact�,or rc�ulation;nnd shs�p p�y and .
<br /> �,'-.;;� _�.,�� promptly dtscharge a4 Yr�nstor'a co�t artd expense ell Ilens,ertcumbmncos and charges levted,Imposed or a8sessed agslnst lhe
<br />'-' �'-^�•�• Property or any part thersot.
<br /> -`= ,. ...r.rt �� 7 EmSn�nt Damaln.Lendvr Is horeby essigned all componsation,awards,damages and othor payments or reflef(herslnpftor
<br /> � .. .� "Rroceed�'�in connccUon with condemnnUon or other taking of tho Proporty or part thereof,or tor conveyanco In Ilou of condemnu-
<br /> . . . _ ._. :, Uan.Lender ahatl h0 enUtlod at Its optlon to commonce,e�ppear In and prosecuta in ib own numo any actlon or proc�edtngs,and
<br /> shalt ntso bo cnU4lod to maku eny compromisc+or setttomont 1�connectlnn with euch laking or damage.In the event any portion o1
<br /> , �
<br /> �,,o c��.�av m sn mker►mr damafled,Lender shnll have tho optlon,ln Its�oio and absoluto discroUnn,to npply all 3uch Proceads,
<br />-� -- =--- ----'- ,.....nanvGvaohfndnaa46Qt'.liTCf�
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<br /> �V=�''"`'��yY� fl1t8f dOtlUCtiI10 th81t9ft0II1 811 CO�m Q�d Qxp�?n�es mc�RCa ov a in con�e�uor�p������.���•w°°�-�^•^•• --'
<br /> hereby rand fn su�h order ae Lendo►•may dotarmlrto,or to nppty oll such Procead..aftcr ouGh deductlona to tho restoretlon of tho �
<br /> �� Proporty upan such condiUons na L3nd�r may dotormtno.Any eppllcAilon ot t�rccccd�to Endabtednsss shalt not oxtend or pastpone
<br /> '��- � - the d(.!�t�o date of r�ny payments undar tho Noto.or cure any detault Moraundar or hareundar.Any uneppllod 4unds shall be pald to
<br /> - . �.14 •.j'` , ��9LY�• � .
<br /> Y;° . . •- B. P��smancs by L�sd�s•Upan Lhe accurrenae ot en Even4 of IDatautt h�raunder,or it any c�ct Is tekan or 1�gul proceeding
<br />';�;�, � ' ' commencad whlch materialty aKocb Lunder's Inturost In tho Prop�rty,Lender may in Ib own dlscreUon.but wtthou4 obt!@�Uon to do
<br /> �'F` "' � � so,an�l wlU�ou9�eotlea to or domand upon Tru�tor and wilhoui�eteasing'M�stor irom ony obltgatlon,do any act wrhlch Tros.or has
<br /> � ay�eed buY talla to do nnd may atso do eny othor aot tt d�ma neceasary to prota�t the securlry horoot.Yrust4r shall,fmme�lntery
<br /> upan demnnd therofor by t.undur,pay t6 Lender ell costs und expensas Incu�red and aams exponded by l.ender I�s connc�ctlan wlth
<br /> `''�. ' thoex�rclse by Lendorof lhebregolnp rights.togathor wllh Intaro3t lhereon attho delaultrc►to provldod In lho Notv,whtch sl�all bu
<br />�;.'t;.���yl , ,: ,;:, nd@esf to the Indebtedness eocuned horeby. Lendsr ehe!I not InGUr ony Ilabllity bucauso n1 anytt�trtg It�ray da or Umlt to do
<br /> .=.Y�:.-' " a hereunder.
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