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<br /> Trwlor undersdndEthr�f�0ocu�ewnttAatTiwtorts�boat�axacut�isa DMdo/Tnatand nof�rtwrl�and8+atttNpo+r�
<br /> ct pN Aravid�d tac in tf t�QM+!�'ftust pronide+w0 W ndal N dNhrsnt�his ub obli�ations to Tru�Oor than a na�ip��in ttN'w�ne
<br /> of a d�fauH a biNCh otoQltQ�tion�nd�►the Dad o�Trust tncludinp.but not Omitsd��s LMders rgAt tn Mw ths Prcp�rty aotd
<br /> by th�Truf1N�+vithout ar►y,je�diCt�1 ProcMdinq.TruMor repre�snb ana warrams that thts aCknowled�emant was tx�culed bY
<br /> Trustor bston tit�ex�cWon:�i ths Dssd of Trust . ' • . .
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<br /> ��� � •s !loviAg Md S�q�p� Iac .
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<br /> 1 . '
<br /> �� � Buai¢'t1�1[avi*� And Storag� Inc . �
<br /> - the Trustor. �.
<br /> . - i�:0�8ox �7 Graad Is�and�rein~Trwwe.." h�itAer on�or moro)�
<br /> whoss maflin�a4Qrets is (
<br />� �T�., Fiva�Paiat,� BaN�. a tf�braaks Cosoaration �
<br /> ��������i� {r�Q. 1bx isi7 Grand Islaad. 1tB .688lZ ' ,ftwrNn'�Trusw�.�ne
<br />; . _ ,
<br /> � th�B�Nciary�: Fiw�_!!aiu►t�.� � � — . _
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<br /> whoH mailtpg�drnesa�is p 0. iox iJ�7 Gsand I�l�nd. NE. 6�2-1':i�7 (MrNn�•I.sndu"►. _-_-----
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<br /> . F8R VIRtUABtE Ct3E18ttt�R1►TION,inctu9inp l.endee's extenafon of credit Identifled hereln to � �`�'j°'rt=
<br /> K.�- _
<br /> ' • 3 �A d�Stors � It�a r m re and the trwt hereln created. �'���_�
<br /> Buok E KOVin4 r Q (here�n"Borrower".whether one a o )
<br />. the receipt ot which ta heraby acknowledped,Trustor hereby inevacabty grants,traqafera,conveys and aasigns to Trustee.IN ���-'=�'°
<br /> � , �(� TRUST,WITNP4WERQP3ALE,ta►MebertetitafldsecurlryofLender.underanAaubjecftothetermsa�dconditionsheretnafteraet �-�=.�-
<br /> fohh,ihe rsst,p[ dascrihhad as tollaws —`�- -
<br /> rty ad
<br /> � ' LOT ��8�;AN�� IN;BBbS SECOIID Sl1HDIVISI011 I11 TIIE CITY OB (iRA1ID ISLA1tD. HALL �.
<br /> ,�: �, COUlltfi�.IIEHAASIEA. ' ��-�.`�
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<br /> .: + g'Y,��.'-'-'`-..,�_�� ' 'ss ,.>v- --
<br /> Tog�ther with aiF buitdinys,improvements,fixtures,streets,aQeys,passageways,easements,rights,privileges and appuRe- � `+ ,-,__
<br /> '=�`��':� rtaaces tacated thereon or in dnywise peRaining thereto,and the rents,lssues and pro��eversiona and remainde�sthereof,and � ., �
<br /> : �-�.;�;;: sucA personal propertyr thaf isattached to the improvemen�so as to constitute a fi�ct�cr��dudinQ,but not limited ta.Reatin�and - :��=--_
<br /> •--- � cooting equipmen�iend togeitter with the homestead or mari.ai interests.if any,which ir.��stsare hereby reteased a�a vraived;ait ��?'�"
<br /> K r•.«q;,: .._, , ,
<br /> t�,b,�;,,.: oi which.inciuding reptacements and additions thereto,is hereby deGacod:o be a partaf the rezt�te secured by t":e tien ofthis .;;�,�_=
<br /> = f' - ��� • O�eed ot Trust arxi a!t�of the foregoing beirtg refened to herein as the"�a;.erry". � � _
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<br /> � � .. ��r. �_�
<br /> � a-tM-*•• � Thi�Oood o!T�ust ahatt sflCUre(a)the payment of ttse prir.cipai sum and inte:esE evidenced by a prom�sscry note or Credit "���
<br /> = �:.�,.: - __ -_
<br /> _,. ;�,,� - a�seement da0ed F�b�a:'x 27t 1992 ,tsaving a mar�rity Ca;e a`, Auyust 25th iS�32 , -_
<br /> . - -t� '� '' : � in the cngina4 yi�incipat amauM of S 1���•� ._,an`Q any and atl modificattona,extensions and rer�awafa ' ���-'�
<br /> • , ` • Mereof ot therpto and any and all iuture advances anQ readvances t�Sorrower(or any o1 them if mo�e than onej hereunder '����-�.
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<br /> ~�"' ' pursuant to oqe or more promissory notes or eredit agreerr.:n,ts(herein caited"NO'e');(b)the payment ot other sums advanced by A "_�-�-
<br /> : .� .., �-.��—
<br /> • . - -;� ' L.enaertoprateclthesecurlryaltheNote;(c)thepeAormancsofallcovenantsanda�reementsofTru9torsettorfhheretn;and(d)ail =��
<br /> . ,- �"-� present and futu�e indebtedness and obiigations o}Borrower(or any ot!hem if rr.are t'�an one)to Lendev whether direct,lndlrect, __ �
<br /> "�'°" absotute or conUngent and whether artsirtg by note,guaranty,Ov8rdr8!'Or OthEtwis°.;fie Note,this Oeed of Truat and any and all �'-,�.
<br /> ',' t; ,;;:;;�=� otherdocuentsthataecuretheNoteorotherwiseexeoutedinconneCtsa:�tris:°w::te,sr,.`udingwithoutlimitationguaranteas.security __��='-
<br /> .�.. .,,:i°..� a�reemenb and asaiqnmants of teases aRd rents,shall be refer�ed co!�e:ern�s�.r.e";.oan tnstruments". ��^ T
<br /> ^�'�';�-=�� � ; Trustor Covenants and agrees with ter.der as follaws: _
<br /> 'c'�':,.:-``, t.�PsynMM of Inct�bNdnas.AU ir.Ce�tedness sec;:'ea hereby s'�a'i be pa;�wre^due.
<br /> •. , • 2.TNt�Trustor is the owner o1 the Property,has.=�fght ana a.^arity to convey the Properiy,and wana.r�'.hat the lien
<br /> ' �� �„�., ,,,, ' CreStad hereby is a ilrat ana p►ior lien on the PropeAy,except 1or.:r.s and encumbiances set forth by Trustcr�n writing and
<br /> :��,:;; • • deiivered to ler.der before executton otthis Oeed of Trust,and the execufion and de8very of ihis Oeed o}Trust does not viotate any
<br />�• : ,..:t,�,.; . . � conUsot or other obliqatiOn to Which Tru9tor is subject.
<br /> 3.Tax�s,AfN�nfHftfr.To pay before de0nquency all taxes.special assessments and all other charges against the Properry
<br /> ' - � - now or hereatter levled. �'
<br /> ' . .. �' 4.In�urane�.To keep the Property insured agairt9t damago by tire,hazards included withln the term"oHtonded cove�age",and .
<br />. ' � auch other hazards as Lender may require,in amounts and with companies acceptable to lender,naming Lender aa an additlonal , �
<br /> • named Ineured,witA lo�payable to the Lender.In case of toss under such policies,the Lender ia authoNzee to adJusL collect and �
<br /> - • . comprOmiae,ait c18iMSlheveunde�end Shatt fiavo the option of app{ying alt or part o1 the insuranceproceeds(i)toeny indebtBdnes� 1
<br />� . . • ' seCUred hereby an01n such otQer ag Londor may determfne,(H)tolhe Trustor to be used tor the repair or re9toralion ot the Properry f
<br /> - • or(IHf}or any other pu�poae or obJect satisfectory to lender without attecting the lian ot thls Oeed o1 Trust for the tull amaunt&ecured
<br /> �� � hereby betore sucb paymgm eve�tooh plsce.Any appucatlon of proceeds to indabtedneas shatl nat extend or postpone the due
<br /> ~��;��. dats of eny payments un9er the lVote,or cure any detault the�eunder or hereunder. i
<br /> �• � 5.P.fkrow.Upon�Nrltten demand by Lender,Trustor shafl pay to Lender,in such manner as Lender may designate,suHicient i .
<br /> ��� sums fo enabie Lende�to pay as they become due one or more o}the following:(i)alI taxes,assessments and other charges ggain9t '
<br /> - - - : - the Properry.piy the pramtums on the prapeny�nsurance requ�red he�eunder.and(iiij the p�emlwna oa any mortgage lnsuiance t. -. -
<br /> �equired by Lenderl ' �
<br /> • � ' 8. Natn4n�nu,Aipair�and Campifane�wNb La�rs�Trustor 9hafl keep the Property in good conditiort end repair,shatl �
<br />'`.;: ' ptompUy repa.'�,or rep)�ce any improvement which�a�y be damageQ or destroyea:shall not cammit.or permit any waste or
<br /> Qeterioratier�at�':e P�aperty;shall not remeve,demo:ish 8r s:Wsar.�af`y ai�er ar:y o�t!:e:^�proveme^ts an the Prcperty:shalt not `
<br />. �'s� commi�su`(eror�ermitanyacttobeQoneinor�pontf:s�raAe'"f:�vlo]�,fia?rofar.y7a+6:oid°r2rtce.c�regutation:ar.tlsh�i�paysno ; . .
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<br />. : �:..., :._.•. ,, ;: pra:np'Jy Qise►�arge at Ttustai`s r,�si an�expense a:t tiens,er,our=:f�ranc95 arC cFCd�g�9 fe�eC.�mpaseG er assesseo against the
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<br /> _.. L_, ; �..•-._. - - . __ 7.E�MOonsai�.Ler.d�risherebyass:gre0a�3co;,�zi�sa:;o»:aHiaic�s.�'aroa�asa^dc�erpaiy�r:en�sorfeT�t�er�inalt8�. _ --. Y. --..-_-_---,--__._
<br /> " . '.,,�,` '�Pr�e�is"}inasrt;:�clsoAMf+fhcbnd�ruta�anoro�:eria;Gr:gc4�e�'op�tycrpar.3rsreof,ortcrcar�,r�yar.a�i:rsi�uatcondemna- �
<br /> ' tion.lenaed at�a!t de enUUed af its odtion t�Commence,appAar in ar:��raseCUte In lts own nanne anyaation of proceedings,and �
<br /> � • sha0 eiso b�er.StteA to make any eompromise nr settlemeM fn canr.eci�n Wlth sveh faking or dama�ge.In the eyent anyr poRion ot • ,
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