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<br /> - `r;;� �: ' OEEQ'GF TRUST WITtt��lJTURE ADVANCES� � t :
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<br /> t Y � r THIS DEED OF TRt1ST,is ma0e as of the ��day of J�'' 18.-.--�trf�nd amonQ � •
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<br /> ,�`�;,'3�...,;:. ��..; :. +r�haserrai�inqaddressis ° �f:-„ _,•;<s:.k�_
<br /> Ces�c�"Tty#��ti:'whether one or more}.
<br /> � Fiv� Points�H�air. a 1e6ra�iut Gor�orat3a�► . . •#,,�.,,�-';
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<br /> � i � � . .. ,P�-�Boie 130? GranQ Ii2�atad� IF� 5�2�. , - �, � -- -
<br /> . . ' whoaeanailingaddr�s�is� • '�'' (herei�`Ti�ee"x:�rM �;. ,.{:,. ��
<br /> ., Fiw�:P.p�ats Banlc • . , , k.;! r,,�,� ,�" _
<br /> � ' the Be��Gary. . � �' ::-:. . , �_ �a� e
<br /> � � � � : . P.O. Sox 15�7 Graad ia�a�d. `" -1547 q � `�==
<br /> � whose mailing address xs �� � � �h�(�fl�'�CI�I�f• � �r���t�'trr��� � ..
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<br /> ., . .�._._ ..._ . , - � ' £ �rit�l . :; .,f rG�.�-s-4x{, —-
<br /> l' .�'. � , FOR VALUABLE CONSiQERATtON,inctuding�Lender's extensiart o�r,���:Q'.ntified he2isi to � ;���.<<�
<br /> ' . ' �., �. i K I.ytne Crit�l �" , • ' , :
<br /> (bereiR..'8airo�ee",;ktrether one or more)and the trt�t�+��r�`zatea.: �4 ' ��,E `" -� :'
<br /> ' � • ' the receipt of whfCh is hEreby acknowtedged.Trustor herebg i�vucaE�tg�c=�ts.transfers,conveys anc3 asSi3*�s to s.:�t°g�N• • ,, � ;.�4
<br /> � _ • 7RUST,IMTHPOWERQFSALE,forthebenetltandsecurit�afLertdet,urt�s��subjecttotf�atermsan�c.�.s�itia:+sE�e:ein3iterset f F ;,� ` i.�,?
<br /> . ` ` �- fnh.the 1 r d ribed Ito '� � '�?���y
<br /> � '��:,;.�.�'��� <:�': ° Fraa�°�a���t°�tv�a�Y. �ri 82oeic 'l�ree� t3f fie ie:nolisA aaa Deolcer s A�ditioti �,,� ,t , ,� f.
<br /> �'�':,�°•.`.` to tl� City oi 6raAd I�l�ad. Rall Cow►tl,�`ie�rsats and thst p of Bsaad�e2�. f�,. �` -
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<br /> ::.,�,:.;:':-. . Av�,v� lyiaw soutb vs ta�e so�thrrlY r.iae:ast th� Faa.t .na r.st'A�11�lr iu aloclr .3�► �_ . _
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<br /> . �l f ibr� S�o u t�t�t ASs�o hA o�S l�5'�'�t i nF t A� Citydo i G r i A�d I I.l d uatSr:.- . ' ,
<br /> �gs�i k� g. V 9 .P S Y . 9 S � -
<br /> et er w�th all builCin s im rovementa,Tixtures,streets,alle s assa ewa s easements,ri hts.prnrils es and appurte- :
<br /> ' • nancea located thereon er in anywlse pertafning thereto,artd•the rents,issuea and profits,reversiona and remainders tAsreof,and i . �,
<br /> - - sucA peraonal properry that is attact�ed to tfie improvemanta ao as to constitute a txture,including,but nct limited to,heating and ! ..
<br /> � ' . coollnQequipmenx and together with the homestead ar martai�Interests,if any,which interests are hereby reteased and waived;aIl ,
<br /> of whlch,lnctuding reD�e�ements and additiona thereto,is hereby declareA to be e paR otthe real estate secured by the lien oftbia � �
<br /> _ Deed of Trust and all Ot t�9�oregoing being referred ta herein as the"P�operty"• �
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<br /> , `,;� . �• This Deed of Trust shall secure(a)the payment of:the principal sum and interest evidenced by a promissory note or c�edit � .
<br /> - =� � F�Drusry ist �997 �
<br /> , . • agreement dated JtnuitY 28th 1992" ,.having a maturiry date ot • ' •
<br /> ... ��� ���'�' ,and en and all modificati0ns.e�ctensians ans renewats ��
<br /> • in the origlnat princlpal amoum ot� ' Y . ;;.,
<br /> , � thereo!or thereto ana any an0 all future advancea and•readvances to Borrower(or any of thom it more than on8;hereunQer • . �
<br /> ; .• �.�. .
<br /> � pursuant to one or more promissory notes or credit agreefienta(herein called"Note");(b)the paymen!01 a2h��s�ms alvanced by ; �. ;�^�,,,�
<br /> � � �' � LenQertoprotectthesecurityottheNote;{c)thepedtlrmanaeota�lCOVenantsandagreemenlsotT�ustOrse?`a�tbfi,�rein;and(d)aIl . ,:_,,,,. .
<br /> �'��'a • • present and fufure indebtedness and obpgationfl aUBanawer(ar any of them if more than one)to Lend:c w`�a:��"s di�ecR,..indirecL ,
<br /> ' ' ' �` absolute or contingent and whether arlaing by not�,gua►anty,overdraft or otherwise.The Note,this D�ed at Trw!a�C a�y a�d all ; "" °' .�
<br /> ' ��''�``�'' � Othe�dxuente thatSecure the Note a otherwiDe er.9CUted in conneCtion therewith,inCtutlmg w�thout(�mita':o�guard�1:29,secu►ih : . . � �
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<br /> :.�e�, �. ' � • ' , agreemeota and asslgnments of teases and rento,.shall�6e raferred to herein as the"Loan Instrumenis'. i ' '"',
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<br /> '���'� • - Trustor covera�ts an0 agrees with Lenden ae(o�laws: � .
<br /> ,,.,, ,
<br /> � 1. Psym�nt�Oed�badnas.All indebtednas�oecured hereby sh,all be pa�d�vhen due.
<br /> 2. Tilf�.T�ustor is the owner of the PrapoitK nap tne righi and authoriry to convey!~�Propery.and warrants�•�S the lien
<br /> • crea!ed hereby is a Nrst and prior tien on the Property;exCept for liens and encumbr2r.:,�set tOrth by Trustor i�sµ�".-ig and •
<br /> detiveredto Lender betore execution ot thifl Oded ef Truflt.and the execution and deiivEry ci�:^,s Oeed olTrustdoes:•:'v�ataany �:,'
<br /> - - � contract or othe�Q�'�gat+on to whlch Trustoi+n subiect. ' . '.
<br /> • ' -,�` 3. Taxes.Ax�eism�nh.To pay before dullhquettcy an taxes.special assessmonts and aIl othoe Charges against the Property .
<br /> nch or he�oaRa��e-T�:. �
<br /> �:In�unne*:''�•�!�3°�the P�qperty insured against dnmage by bre,hatarCs inctuQed w.�hin the tatm"e�tended coverage",and
<br /> ,;`:,'• ,; s+sch:v�ther haza►�::�L.2r4erm��require.in amounts and v�.s►�:ompanies aceeptable ta Itr�der,naming Lender as Gr1 additionaF , ,,
<br /> ;,:>. .: �t • n;;sr:�d inaured.w��`�`�:43 paya�s'��*.o the Lender.In case of loss under such policies,the l�-�:�r Is a�nhor9zed to ad�ust.colled and � �S ,,�
<br /> , . � � ;�; . compromiee,8ltc�d��'sthereunderandshall�nvgtheopUonotapplyingallorpa�totthe�r,s.r�nceproGaeds(i)toanyindebtedness
<br /> secured hereby�'.*r��n auch order as Lendei�mANdeterm�ne,(ii)to the Trus:o�ca be used tor.the repaie oe�estorat�on of the Properiy
<br /> - � orpii)to�anyotherpurposea►objecl9atistaataiytoLenderw�thoutaftecting!hehenof!�;g�eedotTrusttOrfhetullamountsecurod •
<br /> ' ,;,;r.:: • here�y betore such payment ever took place.Any application of proceeds to indebteC�ees,shali no�extond or postpone the due .:.,
<br /> • •:!;:•F�` Qa���any payments undei fhe Note,ar cure any defauN tneTeunder or hereunCer. •`,.,y•:
<br /> ';;I������ b. E�erow.Upon writtan�ernand by Lender.Trustor shc�pay to lender,In such r:3�'r.Ea a9 Eendet rrsay designate,suft�Cient •
<br /> � � . � � �ums to enable Lendec to pay as tfiey become due one or more ot the fottow�r.g;(1)a1t taxe�..:�sessn�entsandather c�arge�against '��-���,
<br /> .� the Property,(li)1he premiums an the proparty in5uranee required hereunder,and U��?the premiun:s o�any mortgaqe insurance
<br /> requlred by l9nder. .
<br /> � � ? 6. Maint�n�nc�,R�patn and Compliana�witb Laws.Truster shatl keep t�H Prppq�ty in goC�i cahdition anQ repa�r;sna11 .' �,. f
<br /> • promptly repair,or replace any imp�ovement which may be damaged er deatroyed:ahat! not.aammit or permit any waste or �
<br /> deterioratlon ot the Ptoperty:s h a l!no t remove,de r r io l►s n q r s��s t a n t i alt y aft Ar an y oi the�rn provements ort!�e Property:ahatl not , �� .
<br /> f commt�sufter er permitany actto be done in or upon th�Praperry fn vlotation of any Iaw,ardinance.or�eguiaUOrt;an�shall pay and .
<br /> � pramptly disCherge at Trustor's cast and expense all liens,encumbreACe9 end chargea lavied.in'spose6 or assessed against the .
<br /> __ ,.—,-: -�_,-�__ ._ _,_._ � __ Propefir or eny paA thereol.
<br /> �- �. Lrnin�n�domain.Lender ts here6y asstgried 8n CBmpen9Atron,awarQs.damages and vtherpayrenfs af r�iFt&f(rr�r�FrraSter --- - ----- -- � ---
<br /> - "ProCe@ds'1 in connection w�ihtondemnattan or other taking Otthe Property or paMthereol.or tor conveyance in I�eu o!aondemna-
<br /> � ' r� Uon.Lender shatl be entitted at its option to commence.appear in and prosecute in its awn name any action or proceedings,a�nd �
<br /> ` ' ' � shall also be endtted to makeAny eampromise a►setttement in connection with such taNing or damage.ln the6vensany portion of _
<br /> � NIC31l1(MenapreuhwafOrM/RNr10�A!
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