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200201835 <br />3u, PRESERVATION OF LIABILITY AND PRIORITY. Without affecting the liability of Borrower, Grantor, or any guaranmr of the Obligations, ur <br />any other parson lexcapt a person expressly released in writing) for the payment and performance of the Obligations. and priortwithout t affecOeedtbf <br />rights at Lender with �°spect t° any Property not expressly releasetl In writing, and without impairing i any way ° <br />Trust over the Interest of any person acquired or first evidenced by recording subsequent m the recording a this Dead of Trust, Lentler may, <br />either before or after the maturity nt the OLligatians, end without notice or consent <br />release any parson liable for paYnwnt or pertprmanceemisen of <br />either <br />any part of the Obligations; make any � 9reement altering the terms of payment or performance of all or any part of the Obligations; ex <br />or refrain from or waive <br />release any erim Orp larl <br />That <br />th any reel o M1person IaVr petty secudnga the Obligations. <br />aAny Verson acquiring for <br />any I the Obligations, ° h acculrin9 such impair or recording any evidence thereof, to <br />racording evidence of any interest of any nature in the in <br />shall be created, y <br />have consented to all or any soon actions by Lender. amanna in <br />36, DEFEASANCE AND RECONVEYANCE BY TRUSTEE. bUp payment a this Dead of Trust ffnmmrd. Granto obligations a sponsabinvrol to <br />execum and deliver to Grantor those documents Ilet may required <br />pay any costs of recordation and any reconveVance fee charged by Trustee. Upon written request of Lander stating fiat all soma secured <br />Hereby have been paitl and upon surrender of this Dead of Trust and any wte to Trustee for cancellation and retention and upon payment by <br />Letftl prremis'essthen heltl herauntlenhTheapec tats n sueharecornveyance of anyemanerls orllfacts shall b°eL°n usiive tpmof a flytM1er tnportion <br />hf it ess <br />thereof. The ynantae In any �ecpnveyancermay be tlescribed as "thn person or parsons legally entitled thereto ". ° <br />nTU redNOTn a �IONrucO[io� nt� Impm ementfon Iand6incWding the acquis [ pnecosmeot lentl .'This Deatl of rTrast secures a construction sloe., <br />antl it will be sublet to fie terms of a construction loan eretim aftthelPmperGyan[o ethe� stared on ny ff theaPropnutVTehall also ba aanbject <br />s to <br />fO <br />intendetl fur use In [he construction, devaloopmenb or op ° shallra the loan teeds to <br />ono lion of [hie Deed of Trust antl Granlo9 r Grantor's ron[raemr if loan prooads are paid w such cpntree[on pp V P <br />the payment of lawful claims for labor antl material tumisbod for such construction. <br />38. WAIVER OF HOMEBTEAD AND OTHER E %EMPTIONS. Grantor M1areby waives all homestead antl other exemptions In the Property to <br />which Granmr would mherwise by emitletl unJer any applicable law. <br />39. JURY TRIAL WAIVER. GRANTOR HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY CIVIL ACTION ARISING OUT DR OR BASED <br />UPON. THIS DEED OF TRUST. <br />40, ADDITIONAL TERMS: <br />Grantor acknowledges that Grantor has read, uodarnaands, and agrees to the terms and conditions of this Deed of Trust, and acknowledges <br />recalpt of or .n axaet copy of same. <br />Domed this 11th day of J,racta 2002. <br />GRANTOR: <br />GRANTOR: <br />val�� <br />STEEVEN F. ASCEE <br />GRANTOR: <br />GRANTOB'. <br />coli ARGUE <br />GRANTOR: <br />GRANTOR <br />GRANTOR: <br />GRANTOR'. <br />'res s olb <br />IJEDOTE IHPI Hea. V9a <br />