<br />200705081
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<br />easterly line of said RMW Subdivision, a distance of Two Hundred Seventy Two and Twenty Six
<br />Hundredths (272.26) feet to the northeast corner of said RMW Subdivision; thence N56'16'29"E, a
<br />distance of Two Hundred Twenty Eight and Seventy Five Hundredths (228.75) feet; thence
<br />N81'31'44"E, a distance of Two Hundred Thirty Five and Five Hundredths (235.05) feet; thence
<br />N54'04'39"E, a distance of Ninety Eight and Fifty Five Hundredths (98.55) feet; thence N40'01'25"E, a
<br />distance of Three Hundred Five and Three Hundredths (305.03) feet; thence N62'4i2iE, a distance
<br />ofTwo Hundred Twenty Four and Forty Two Hundredths (224.42) feet; thence N86'13'50'E, a distance
<br />of Three Hundred Twenty Four and Ninety Two Hundredths (324.92) feet; thence N75'15'23 E, a
<br />distance of Seven Hundred Eighty Three and Forty One Hundredths (783.41) feet; thence
<br />N69'50'59"E, a distance of Three Hundred Eighty Nine and Four Hundredths (389.04) feet to the point
<br />of beginning, and containing 34.556 acres, more or less, of which, 0.278 acres, more or less, is
<br />presently occupied by public road right of way.
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<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interest in
<br />adjoining roads, improvements and buildings of any kind situated thereon and all personal
<br />property that may be or hereafter become an integral part of such property.
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<br />The property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate".
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<br />FOR THE PURPOSE OF SECURING:
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<br />a. Payment of indebtedness in the total principal amount of $86,400.00, with interest
<br />thereon at the rate of 5.96% per annum, as evidenced by that certain Deed of Trust
<br />Promissory Note of even date ("The Note") with a maturity date of March 1,2027, executed by
<br />Trustor, which has been delivered and is payable to the order of Beneficiaries, and which by
<br />this reference is made a part hereof, and any and all modifications, extensions and renewals
<br />thereof;
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<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with
<br />interest at the rate of 12% per annum (default rate).
<br />
<br />This Deed of Trust, the Deed of Trust Promissory Note, and any other instrument
<br />given to evidence or further secure the payment and performance of any obligation secured
<br />hereby are referred to collectively as the "Loan Instruments".
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<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
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<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as proVided
<br />in the Loan Instruments.
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<br />2. REAL ESTATE TAXES. Trustor shall pay the annual real estate taxes to the Hall
<br />County Treasurer before the taxes become delinquent and shall furnish tax receipts to Beneficiary
<br />on or before May 1 and September 1 each year.
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<br />3. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and contest any
<br />action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiaries
<br />or Trustee, and shall pay all costs and expenses, including cost of evidence of title and attorney's
<br />fees, in any such action or proceeding in which Beneficiaries or Trustee may appear. Should
<br />Trustor fail to make any payment or to do any act as and in the manner provided in any of the Loan
<br />Instruments, Beneficiaries and/or Trustee, each in its own discretion, without obligation, may make
<br />or do the same in such manner and to such extent as either may deem necessary to protect the
<br />security hereof. Trustor shall, immediately upon demand therefor by Beneficiaries, pay all costs
<br />and expenses incurred by Beneficiaries in connection with the exercise by Beneficiaries of the
<br />foregoing rights, including, without limitation, costs of evidence of title, court costs, appraisals,
<br />surveys and attorney's fees. Any such costs and expenses not paid within ten (10) days of written
<br />demand shall draw interest at the default rate provided in the Note.
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<br />4. EMINENT DOMAIN. Should the Trust Estate, or any part thereof or interest therein, be
<br />taken or damaged by reason of any public improvement or condemnation proceeding, or in any
<br />other manner including deed in lieu of Condemnation ("Condemnation"), or should Trustor receive
<br />any notice or other information regarding such proceeding, Trustor shall give prompt written notice
<br />thereof to Beneficiaries. Beneficiaries shall be entitled to all compensation and condemnation
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