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<br /> : - - ACKN0INLEDGFMENT O�.DEED OF TRUST �- - ,
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<br /> by tht Tru�withottt an�t 1��P���^�Trustor rpr�sn6 warranb�haE Mis acicrwwl�rNl�l,Mrss.�x�ct�lld bY•:
<br /> TmNo►bwote thi�x�culion oE Nf�DNd o1 TrueR • . —
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<br /> � ` llsscw J Sao� i 'Paw Sao� ab� Snor`s Flor�l . husbifld..urd,rit� �'��';-. i
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<br /> e�e Trusmr, � � Graad I�rltnd : ' ' �``:F��:-` -
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<br /> '�: - , �he Truside. Pive Poiat�t BsAlc. a ll�bra�ica Corporatioa . _ ;r;�;'.: :
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<br /> '`i e�%c`-.' � =. FOR VALItABLE COWStDER11T10N,including lenders exterisian ot,c�editid�fled hereln t0 � -
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<br /> � ;:y;4r�,.:r-:::.''l;.>: • � . , i Pa�r Sno� Dbs Saaw•s Fioral: (he.reln"Barscwe�'.whether one or m9r�}and thdtruat hereip qrE,3t�q.::; �, . - . .
<br /> ` � � `+�'•'t ' � the recefpt af which is hereby acknowte�ged,Trusto►hereby iRevocabfy grar�transfers convey$and as8igns W Trwsteil.,l�1t;: ,_ _...�.--_
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<br /> ` � " f"`�`j'� TRUST,WRt+POWEA 0F SAL.E,br the benefiFand security ai Lende►,undec and subject to thetermS�nA con4iUons here(t�atl8fi�,;: -
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<br /> � , �;- � Sllt t6) AD�ITIOI[ TO '['I3E.CITY QF.GRAIID.,ISLdIm,�.. , -
<br /> ;'f `_���� `r- j.� • NALL COU1Cf�E. :��ASKA. . � . . , . �: _--_
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<br /> c�}'�:.i�'.=.'. �..e._'` �.- . . . '�'f F�''•', ..
<br /> . � T�.f�.e�wTth all buitdings,impr�ec+'e:!�.1+xR:res.streets,aiteys.Dasssgew2+ss,eas2c^�en�fights,prtvlteyes an0 BpRy►'J.` , . :'�"
<br /> " � � crartces lacated thereon or In a►rywlse per.ain�n�;hereto,and the rents,issues as�0�ofrts,rerrersions and remaindera the�eAt�and .
<br /> ' saeh persenal propertSl that is attached to the impravements so as to constitute a Fzture.inCluding,but not limited to,hedt�qq.and
<br /> ' � cooting equipmen�and tagett►er with the homesteaQ cr marital interests,if any,which interestsa�e hereby reieased and wB�KRd�al� • .
<br /> of which,ir�Cludinp replacements and additions thereto,is hereby dec�ared to be a paA olthe re2�eatatesecured by ths lis�l;plthis _
<br /> � �' ` �, '"' � Oeed af T�st and atl of the toregoing being referred to heretn as tfre"Property". � - ---
<br /> , �'�e€�=;r.i � `• • , This Deed oi Trust sha�l secure(a)the payment oi the ptincipal sum and i�te�st eviden:ed by a prom�ssory nqte.ot�Credit, � ' _' _-
<br /> �:. _.. . JaAUarS► 30tA 1992 ,naving a mawrity 4��c} . F�brusry ��t ZN2�-: � �. . % '
<br /> . �. ;F.;; � ayreement dated �
<br /> ? '$r� � 148,299.1� F p •,� .
<br /> ; 'si: • in the ar.�r��l prinCipat amount ot� •,and any a:s0 2`I rod� rations,extensiona a�4(.newats , ,.
<br /> ' thereaf orl:�ereto and any and alf fut�:re advancea and readva�c�10 Borrowgr ;or any 6f tram if more than onel,FjBfeunder � .'.;.•t,=�_ ?
<br /> � • • - � puraueM to one o►more promissory notes or credit agreements(here��ca�ied"NC��"i:(by the payment of pther suma�d4�ced by I -•';:�•�; :
<br /> �- `=-�' LendertoprotecttAesecuriryotlheNote�(c)theperformartceofallcovenantsan�2�eamentsolTrustorsetUs�hhe�si�li�nd(d)ail � .._.,�.
<br /> +.��„�I' '• , present and future indebtedrtess and obligetions ol8orrower(or any ot thern;f morethan one)to Lender wh��e�C�rdAL indirect .
<br /> ab�oiute or contingent and whether arising by note,guaranty,overd(aK or otherwESe.The Note,this Oeed otTr�l.and;Any and ail . =. `.:�'�+;:
<br /> - � � otherdacuenbthatseCUretheNoteorotherwiseexecutedinconnec!=antherewilh,irtclud�ngwitAOUtllmitatlonguarani�e,security . , ,
<br /> : . ' eyrsements and assignments ot le8ses and rents,shafi be�ete�reQ tc herein as the°Loan Instruments'. , � ,
<br /> '' 7rustvr covenant�a�^0 agrees with lender as toilows: f
<br /> ' • � �, pi��pR��dn�/�,Ail indebtedness se�ared heretsy shati be pab�rkren due. t
<br /> ' 2, TNf�.trusias i��^e owner ot the Property.ras fhe rigM and authonty ta�^vey the Prope�ty,and warr.�rjtAithat the lien ; .
<br />` �� created hereby is a t:rs�and prior tien on the ProReRY•except for liens and Er.:_-�b►ances set torth Cy Tn;.,t��r.'.n wrlting and i
<br /> i � detivere�to Lender be'ore execut:on et:hi9 Deed ot Trus�,and fhe execution and ce::very of�h��Ceed of Trusi�fasa�oiviotate eny ;
<br /> ' • � contract a o�er obfiga2?on to which Trustor ls subJect � � a •
<br /> • 3,?'a�c�,As�nweh.To pay betore delinquer,cy all tAxes,special assessme.^.ts and all other chargea 2.9�instthe I�rcqaRy .
<br /> ' now or he-eafter tevied. � '
<br /> - 4.Inrw`snr�.TqK��;hePrapertyinsuredagairtst�amagsbylire.hazardsiFC��:�edwithintheterm"extendedcoverag9".and .
<br /> � � � such ott:e�?`asards as L�nder may require.In amouns and wltn companies acceC�wle to 4ender.naming Landar as an additiqnal �
<br /> ' ,;; named ir.a�.:red,with los,s payable to ihe lender.tn case olloss under such poi+c:es,the Lertder is authorized ta,adJuBL Collect and ,
<br /> • .:;:,' comprrcr.�s�,a�i claima thereunder and shaU have the opt�on of apply,ng ell o�part of the insurance proceed9(QS�any indebtedness : .
<br /> ' � :�:;�� . seCUre3 C:ereby and In such arder as Lender may determine,(ii)to the trustor to be used for the repair ar r4�tytAfion ol tfie Property.
<br /> or(iU}tor any uther purpose or object satisfaatory to Lender wlthout affecting the tien otthis Deed ot Trust fd�thH�uil amount seCUred �
<br /> � � � . hereby betore such payment ever took place.Any appiication of Oroceeds to inGet!edness shall not extptld anp0atpone ihe due
<br /> � � dab ot any payments unQer the Note,or cure any deiault thereunder or hereundr:r•
<br /> � "' S. Eseraw.t1Don wNtten demand by Lender,Trustor shall pay 2o Lender,in such manrter as lendenmRr designate,sufllcient.
<br /> ���^'��,'� sumstoen�teLendertopayastheybecomedueoneoimo�solfhefolfawing:(i)a►it�xes.assessmentssind.other,ohergesegalnst , . . .
<br /> .:....
<br /> ---- - - - - the Preperrg,(ii)!he Fremium9 on the prope►ty insurance required hereunder,and pii)the premiuma vn anN,martgage inswance =
<br /> . repuired Cy Lender. '
<br /> � � 8.MainMnanc�,R�p�ia and Con�plisac�wHh Law�.7rusto►shall�keep the Properry in goad condittan:and repalr:shail
<br /> ' � • promptty repair'. or replace any improvement which may be demaged or destrayed: ahall nol commit,or pe�mit any waste or ,
<br /> deterloratton ot the Property;shall no!remove.Qemollsh or substantiaily alter eny af ttte improvementa.on the PropeAy:shal!no!
<br /> - - �'_-.. COmmii,sufferorpermitarryaCftObedonetnoruponthePropeityinviotationotanytaw.ordinanCe.orregutaUon;andshallpayand_.
<br /> promptly dlscharge at Trustor's cost artd expense all tiens,encumbrances and charges levied,impased or asseaaed against thA
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<br /> Prapedy orany Oarlthereot
<br /> T.Emirt�M OonratR ter�der is fiereby�asign�f alf comperfsattor�.a�aa��s.�arstagcsnstaal�:C�ymsnt�ar.reliet theretnniter. --._---,_---_-__--__--
<br /> ` ; f "proceede•'1 in connection with condemnatton or other taking of the Property or part thereol.or tor conveyance in lieu of condemna- . ,
<br /> • 1 Uon.Lertder�ahait be entNed at itsoption to commence,appear in artd prosecute in it9 own name aay acHOn or prOCeedings,8nd . •
<br /> ' . � � , shafi atso be entiUeA to makeany compromise or setttemenf in conneetian with guch tak�ng or damage.tn the event any partien of , ,
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