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Ti��r.� St.. esan� Is3and.. iGS 6�SOi =-- <br /> ��y�i - <br /> �Iri� i'ik�731�'SE�H: <br /> ,:�t' 1FTHfS BOXlS CHECI�D�'�Tl�l1S DEED OF7RUSTCaNSl�iiiFiT�S A CONSTRULTlON SPG�I`R!J"."'.�iGR�Vi6A1f U14fDBi THC R�BRASlfA -_ <br />. ;i<'�r�f� CONSIAUCTfONilEiV ACf AND CREATES,QRAN75ANO COXSi7TlITESA CONSlRUCf10N S�l/R/7YINTERRT INTHEPFtOP�IY <br /> OF.3CR18ID MERElNBELOW. <br /> WHFRFAS�Truuarl9 trrdabfad tn Berreftclary in tlta pr4rclpa!sum ot SIXTY—FOIIR THOIISAND AND P70/100 <br /> DaAets(�t��.Q�..QQ—),wh'ch lndebtadrtess Is ev.'dencad by 7htsta�a Qmmissory nom da'ad APiil l ,tS��.(1�areUte191t► <br /> ca0ad llae No09"A peyre6Ja ib fAe orCar af Bs1rsP�lary end hsvLtg e mahrtft�r ol A tnh -T t�, 199C� � <br /> N01S;THEAEFflR�kv Me purpose d secwfrrg: <br /> • !a)ON�►d tM Nde�1GyeN�er w!N k�arest Hraraon,lal�cAerye3 piepr,yrrtenf P�yL'est err/fuhoe sCYanso:t End d!axmns'onst mad+flcaffa� - <br /> , . �6l�QA�YAd 161J�Ya(9 trk71� <br /> �DJ 08Yme�t of aD otMr turru�kes o�chupos;copatAer wlfh lnierast ihcf80r►,sGvarw�d to protect tAa aectnfry ol thi9 Q�d af 71uat ortd t!»pc►Mtrnttnco �;. <br /> ` aftMcouww�tsonda�arrwr�tsolThrsMd whetAa►a►nctaetfomhhereln, <br /> lc)Pwkvme�c+�aWcAarpe W end con�+noe wtN eureiy tbrm,oa�ene►�oDt'qWan�nd e�nbnt d ihrsibr a�nta,h�0 ha�fn a U�arpara�d OY <br /> . esk�rra aary arMr aacerfitylnsorumwrt at arytlrna pAen to sacu�e th�e Na1�artd <br /> (a�tho roparym�nf d at1 oth�sum3 or M.�a advances�wpA Inlers�fheraon,w?�kA may t,erarofaee heye bean a hereup�De edru�ced tr/Ben�lklary to <br />. . fiae�a nwmra auacessaln I�u aa'rte� <br /> :f. 8N d NhJCA!s Here�haPe01 CoUe�xA�ely CaNed thB°InOeble�less';Tiu�1011nBwCaD1y�ranb erld 0'anslbta to UuSfeQ ln trust WITFI POWER OF SAL�4'�e <br /> � IlaPawirlQdtts�llLedpro�ur� <br /> ' �� Lot Thzee O3 , Jeffseq Oaks Third Subdivision, in the Citq of Grand Ialand. Hall County, <br /> .�:. ;'.� Nebzaetca `. <br /> S�� <br /> ' j- �!�'BQf�Qf1�ll��lBISFBIA�!/1f'..4P'J[Il1CB/d�WI(hOUlObiflBUGP�$���Hlid/lT1�lOVB1l1�IX9QOWOrh91B@l�f�OCB�fNBf90� <br /> ��w�aa»dPowe►sy�Cmu c�dlt�sZ bd1�1,�ea o�orrs,��'anemanea/��c��r�7'����e�ea+s� <br /> m�z��efrl�ratlan pfentr auraCt,c.ar.vr.untcatlon aYste�mr,dYR��starr�rs�electricel e7ulp�'t e�m and aclean wlrxlawA e��vr�Qs an0 = <br /> � • : a'�Inawafrarwfi�ratmche@�a�*�r�Ptln,erMlxe�n9l�na�e�caarknproYaRfentnavaher�mrlacafedthweorr,(l,��f►�se�;rwxserrdAgMsd __ <br /> . •�t' w�Y+IPP����f�+}ao�a3les�►I�l�;rtUe�rtf 6;�remd Tiva�x A�cnd tb a�leas�whe�her now o�h�r extabng a en�ad into ' <br /> f+nclrxfr+�wkhow&r.f8�a�r,e9ra3h ar.d aecr�'31i d�s�mdM�rce�x�fa/s ertd depaslts a payments ot a��I.QereYi�iq tAareA'r►M a4r�nl� <br /> � lsrtua�y Peoflls 1v�d 1Hcarese tYrerel�r.►C�,�ject 4�L't9 d�t af IIt:r.tatc�plfeat and apply br�h rent�Jssuest Ard�it9 end frrCOm9 e.t iheybeGOme ds and — <br /> .. �-.r�',�ete�tong as m►aNm d.do2ruar�sts hsrermdv).(rrs3 art�s�m�iiaral,ori endQas,rarrts erra�war�,,w�r,�an��ar a�oct�Nt�aa !v: <br /> : �uu���i P��3��d aPP�enC69 belorging,aSA1 or eq(Oyed N COnneCGOn thp.�wltA.a�a N�r�en�,oceeos aco�,�►sio�,voru�y <br /> � : .; �r� aa�yame�r�oargr►,m�n o�r�,ra�vcra�,o��nca,�n9,wxno�,rcm�p,00e�a�ai„s,�a�r�a��ena - <br /> ' whlch 191�eratn�G ' caQed ttio"Tlr�st Propory: - <br /> �:�; Tf7 PROTECT 7TiE3�C11Rl11'OF THIS DEED OF TRUS7,TRflSfaACO1/ENAMS A}1�A�GRE�SAS FOLLOfNSc s <br /> . !. Trtla TluXacr.a�mmlar�werrants and n9rees wi�BerrelkJary�Its aucoessora en�d assk,p►sy ihat]:^..:,tn�owns Ne 71ust Prop�rty hne l;�rn ery prlor Len � <br /> •, '�` ar�.uHra�rs oeeaa r�sew Bna wm�am a�uvana�eanrervsrr�„on n�a�a�o�e►eyc��nustas�res�rs�,w� _ <br /> .; o�no aucn 6rte arrd wwmalr,mtr,rhls a�eed a mrar esa n�ar anaparamount b+en upon a�rrr:ar rP�vperryend wrn norae.warra,rre,sa deA�nd me <br /> a�'�3'[YandCXk�tY d 11JeDen i�etsW ageUtst U�delms of aOPe�ns and partle9 wfxxnsoa+a Tm.sRSt at its s�nset w/Aceu�e U�ls Qaed o171u�L <br /> ..• i andeech amencfient a ser�men►Aerefal to De filedend reca�ed as a mer(�.�aaf the 11ust Pronevty in sucA rr��nerandln such pfecs and wHi <br /> :. i tefe ar�hacfhn asdn the op�hlon d TIusA�meY ba raqu�rad bY enYPrssent a ft�+�lav ln omfer ro perlect malnta/n and proteix the{'�en af fhls O�etrd <br /> . � d Tlust as Ute aem�may b9 amertded asupRrlerr�e►r�od Iram Hme to tlme�flusAx w�P mal�such hxMer assuisnce a assurdnces to per/ect�,a tiB�(� <br /> . ure nusr pio/�vty ea may na rea+Jred by B�nefk+eryc thrasar ha.�eayre6nqutshes annght adow�►and norr,esreaeln and m rhs mrsr ProDery. <br /> 2 P,qymcnt of A�Wb�dness 1Tusta ahe0 puncA�aRy pey fho PNna(osl ol andln(srest on the/ndeD(edr�ess secured hareDyc .. <br /> � GbnStruCtJon d/rr�orou�rnents tiustor ahaU Cotqp�oe�N good and►�a/amanj`!�mannor anyOrr!lOGng��mWo►en�ents a repelis releting U�eie[o whM.h <br /> ' meyb��an tM iJusf Prolxrh orco�rrpra�ed bY the kan ev'der�ced by the Note securod heraby,M pay wAen due eU costs and tleDAlt/as - <br /> InCmred dkreibire►ertd nat m pe�rmlf 8ny ca+sUtwY/an lien eQaU�st auch liust Prqoe�ty.In Me e�rn consbuCbon af bulldinga,lmplav8mente a repalr9 •_ <br /> G'. : sm conEemplaEeO,lfusl+or U10 ayee�A attytA9►g/n Nls Deed d Tiust fi the carrbary notwlthsUr�ding:(e)[a promptly commence ary such wwk and to <br /> �P1��W�P��mF�►��s A�At(D)m Canp/eEe the saetw/n accadence with IhB ptens and apedllcaUons as ep�wed Gy Beneflclary, <br /> (C)t�Compy wltlJ eYtlA3l�rma o/e bttfl�rifg Aaen agteBmen�H an}t Detv�s�n Tlustaend BeneAciary{the m�ms ol whlch et9 lnCaporefed lteteM by . <br /> ,����' rek�ence and n�adoepartAenlal,(�p m a.W�w 8onelklary A�/nspecf flre 11ust Aope�ty st au Umea during constructfan,end(v)ro�epleco ery work or _ <br /> � mel9dil9 unsrWsfddvry ib BettEJlCJary tsnlPL9f 1'ilfoen(15)days aftw wdtfsn notke Irom @ene(k18ry ol srkh/act _ <br /> "'�' 4. Fundslfa►P6ymF�tofCh�!:s S�jact ro app/kubls faa or lv e writtsn waHarby B�rsfirlary,TrostashaU pay to 8enelkJary ort the Ilrst dey of each <br /> . monfh,ar surJt eL'f�rds�ssah mu.fl4 as mrty b�apncNfpO Dy Beneflclmry,�nfil tAe lndbbtedrress Is Pe1d/n Ml,a sum(herslnafte�calkd the'Fund9'� -�- <br /> . oQttAJ tb 1/?7G9 0/tlaD yasrly t�zES And 8ssessmenfs whkh may et(aU�pdorlry qi8t thi9 Ooed of Trust and gronnd rerrts on ths Trust Prope►ty,H any,phrs <br /> ' � fN2N d d►9 yesrly prum.'trr.f h�i�t4monts�htszard insumnce,plus 1/72th of Ne yesrfy p�em/um�'a,pDments(or mortg�g�lnsumncn,tl ary,n11 as �� <br /> �s8sa+ably ostlmatod(nl�at' and fiam 8ms ta tlme BaneNcl �`s':: <br /> / bY erY on the bas/s of sssessments on;�;c,and rsasortabTe es6maL�'U�reW.7lte kurd� <br />• ahall b�helAln en lnstifuLbn,tlee dopcslts or acooants ol wh1eJ►ars/nsured or guamntoad b�s t�c�ira!or atate s,�an=Y Inc/u�irr�fln�frclery. ";�: <br /> ' Beneficlary afr�Uappty Ne WnCs to pay sald[axas�assessmenta�insurance premtlms and ground�er�ts.Bmre!iciar,�ahay not be raqutred ao pay ���v <br /> 11usII�ery U�.�st er oamings on Me Funda Bene(kiary sha/i glve ro Tiustoti w/Mout chargs�en enrual accour�ng of tAs Funds slrowing crodds en� i�r__ <br /> � debfb to the Fimds snd tAo F!a�4sa for whlch each debit to the funds was mada Tha Fu.�ds ca G%�Jed as edd�rbnal setwNry for 1hB/ndsbtedr.ass ���. <br /> secuieQ by M15 D�u of Tiust td:�amount ol fhe Funds hsld Benefkl ,�::' <br /> by ary,togr�the�witA tho fts�.c�monthylnsta67nants ol FmiG>�aya�ts pdor to �k._ <br /> tho due detes d taxas,assessr.r�fiswr3nce p�emlums and ground rents�sha/1 exceed ths e�rr,!requ�ued to pay sald Wxast essessmentss <br /> lnsnr8ttce{uam/ums ttnd graundrents as the�/fall duq ar�ch Bxaessahal/DQ at Trustb/s optlon,er*s�prompUy r�pa'd to Trusta or craditod iv Trostoi �';'�' <br /> t",.: <br /> �: : <br /> • Q�I��. <br /> ►rc rne�um�r•�-tta�I fr,f <br /> 'C �;`' <br /> 1 <br /> [[ <br /> _ �_ i.� .. !•;-_ <br /> -a�-y ..�{.Rtl�yfr�..`a�TS�- - -aa , - . • • - �. :� . <br /> '�_.. . .+,. 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