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DEED OF TRUST
<br />Loan No: 774264 200807232 (Continued) Page
<br />Event or Default. The words "Event of Default' mean any of the events of default set forth In this Deed of Trust In the events of default
<br />action of this Deed of Trust
<br />Guaranty. The word "Guaranty means the guaranty from guarantor, Pressor surely, or accommodation party to Lender, including without
<br />Imitation a guaranty of all or part of the Nate.
<br />Hazardous Substances. The words "Hazardous Substances' mean materials that, because of their quantity, concentration or physical,
<br />Chemical or infamous characteristics, may cause or pose a present or potential hazard to human health or the environment when Improperly
<br />used, treated, stored, disposed of. generated, manufactured, transported or otherwise handled. The words " Hazadous Substances are
<br />used In their very broadest sense and include without limitation any and all hazardous or toxic substances, materials or waste as soared by
<br />eylisted under the Envwnmental Laws_ The term "Hazardous Substances" also includes, without limitation, petroleum and petroleum
<br />— products or any traction hereof and asbestos
<br />Improvements. The word "Improvements" means all existing and future Improvements, buildings, structures, mobile homes aXlxed on the
<br />Real Property, ledlllles, additions, replacements and other construction on the Real Property.
<br />Indebtedness. The word "Indebtedness" means all principal, Interest, and other amounts, costa and expenses payable under the Nate or
<br />I Documents, together with all renewals of extensions of, modifications o4 consolidations of and substitutions for the Near or Relaled
<br />Documents and any amounts expended or advanced by Lender to discharge Lester's obligations or expenses Incurred by Trustee or
<br />Lender to grieve Trusters obligations under this Deed of Trust, together with Interest on such amounts as provided in this Lead of Trust.
<br />Lender. The word 'Lender means Five Palms Bank,Itssuccessorsendesslgns
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<br />Note. The word 'Note" means me promissory note dated dune ze, 2e02 in the original principal amount of $52,346.00 from
<br />Borrower to Lender, together with all renewals of. extensions of, modifications of, refinancings of, Consolidations of, and substitutions forme
<br />promissory note nr agreement.
<br />Personal Property. The words "Personal Property" mean all equipment fixtures, and other edloles of personal property now or hereafter
<br />caned by Theron, and now or hereafter attached or anlxed to the Real Property i together with all emessions, parts, and additions to all
<br />replacements of and all substitutions for, any of such property i and together with all proeea a (including without limitation all insurance
<br />proceeds and refunds of premiums) from any sate or other disposition of the Property.
<br />Plnparry. The word "Property" means collectively the Real Property and the Personal Property_
<br />Real Property- The words 'Real Property" mean the real property, Interests and dgMS, as further described In this Deed of Trust.
<br />Relaled Documents. The words 'Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental
<br />agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other Instruments,
<br />agreements and Documents, whether now or hereafter existin& executed In connection with the Indebtedness
<br />Rome The word "Rents" means all present and future rents, revenues, Income, issues, royalties, profits, and curer benefits derived from the
<br />Properly.
<br />Trustor. The word Tustor means ELDY R URIBE and ORALIA D ERIVES.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO
<br />ITS TERMS.
<br />TRUSTOR:
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<br />K4 -' /�I� C Lv, L�
<br />ELO RI RE, Individually ))
<br />X / C ;FrJ.4(,. �' ill ✓Z CLr. yv_'
<br />IA D ERIVES, Individually
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