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200306008
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200306008
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Last modified
10/15/2011 10:43:43 PM
Creation date
10/21/2005 5:37:24 PM
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DEEDS
Inst Number
200306008
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200306008 <br />25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the <br />appropriate party's address on page I of this Security instrument. or to any other address designated in writing. Notice to one <br />trustor will be deemed to be notice to all Trustors. <br />26. WAIVERS. Except In the extent prohibited by law, Trustor waives any right regarding the marshalling of liens and assets, and <br />hcrebv, releases and waives all rights under and by virtue of the homestead exemption laws of this state. <br />27. OTHER TERMS. D checked, the following are applicable to this Security Inslmment. <br />© Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debi may be <br />reduced to a rzoi balance, this Security Instrument will remain in effect until released. <br />Construction Loan. This Security Instrument secures an obligation incurred for the construction of an improvement on <br />the Property <br />Fixture Filing. Tmstor grants to Beneficiary a security interest in all goods that I'rustor owns now or in the future and <br />that are or will become fixates related to the Propcov. This Security Instrument suffices as a financing statement mid <br />any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 or the Uniform <br />Commercial Code. <br />Additional Terms. <br />28. STATEMENT OF CONDITION. From time to fine, as required by law, Beneficiary shall furnish to Trustor or its agent such <br />statements as may be required concerning the condition of the Secured Debt. Beneficiary will charge a fee for such statements as <br />may be permitted by law. <br />29. RECON VEYANCE. Upon payment of all sums secured by this Security Instrument, Beneficiary shall request Trustee to reconvey <br />the Property and shall surrender this Security Instrument and any note or instrument evidencing the Secured Debt to the Trustee <br />Trustee shall recomey, without warranty, the Property or that portion secured by this Security Instrument. To the extent permitted <br />be law, the reconveyance may describe the grantee as "the person or persons legally entitled thereto." Neither Beneficiary nor <br />Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any recomcyanec. Beneficiary <br />will charge a fee for such reconvevance as may be permillcd by law. <br />30. RIDERS. If checked, the following are applicable to this Security Instrument. The covenants and agreements of each of the <br />riders checked below are incorporated into and supplemcnl and amend the terms of this Security Instmment. <br />r" Third Pauv Rider <br />® Leasehold Rider <br />Other <br />SIGNATURES. By signing below. Trustor agrees to the terms and covenants contained in this Security instrument and in any <br />attachments. Trustor also acknowledges receipt of a copy of this Security Instrmnent on the date stated on page I. <br />LY AARS I L (Date) <br />i2 <br />70 (Dale) <br />(Date) <br />EEB4 SKA -DEED OF TRUST <br />EQ127F(06 /2002) <br />
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