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<br /> DEED O�'tRUST V4fiTH FU`�l�E�►DVAi'��E� � �' ° :`�
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<br /> OZA� JEl,T1. .99 �.by81'�9�l;�AT1'� . -� . .,,��•b,' �
<br /> THIS DEED OF TRUS7.is mado ss at tho day of � � _ ,...;�s�r�* .. .
<br /> Michael A h�regv¢�art b C�sc�l S Enyeert , he�a�and an� rife - '.'�'"�.
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<br /> ttt6 TtUS�D� � �° ,�"-.-Mq�s��.,.- -
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<br /> whoss rrtaU;ng address is (han�in`Tn�ifl�',whott�r ari oz rm�), ���� �='��-
<br /> •-F-4.�• _ --
<br /> .; Five Pois�4s� �an6s, o Hebreake G2�soratiors •:��' -
<br /> tDta T2e�'� .�
<br /> P.O. E�asc iS07 Grend Iele�ai. tiH 69802 � -- "
<br /> �vhose ma�Tmg Pddress�s (herein'Trustee9.end
<br /> Five Poi�sste Bank , � .
<br /> '-'�' `,.� ,.��' �
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<br /> • :' the Beneficiary. 2�1� ?i. Hroadvell Lirand Sa18:ed. :t�S. fs@&�w-�S07 --
<br /> ��+ . -
<br /> . wtwse maiGng address is �horer��nde�. _,, , - . :.*-
<br /> aanasi w nnye '. �,`•
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<br /> FOA VALUR�L�C�ONSID�FRAT[ON,ia[Guding L.,�,r,�aPs e�dension of cnedit it.rrat7°ed here(n to �.;��. .. �.�;�. -
<br /> b Carme ye ..,_.�;: ..;' '.���`yr.
<br /> . . � �r+�reln"Borr.i+r�r.'viheU�er one or more)and the trust hr:�ran cre�i�.ii:+e reoeipt ' ,.•,•'r;��v,;��::�'
<br /> ' . of whicb.fs hereby acMiow7edged. Trw^tor hereby Irrevoc�btl+�ts,transters,conveys and assigns to Trustee� IS��ii17l�"ff�WITH . .-. ,,•"' ;� :�"':-
<br /> ., P�WER ftF SALiE.tor tl►s Isenefii and securfty ot Lendar.under�rat subject to the terrees anst�+r.dit]ons Asreinafter setti�f:.�he real �° -� �� . ---.
<br /> =� ��� r '�.t. �..
<br /> _ P�nY d@SCCibed es folkws: -y-�-'.--••�;::� �+-
<br />� �� � !A�' &IQ� (�) Ab1D THfi SAS7'BRLY FaiIBS'Efi11 li�) F�fi� Gf� � S�1 !7) I� ... ,;�.. .i:i . ;�;_
<br /> �LQL7t Q7iB l i) IH AI�I�LD Al�9 ABHOTf'S ADDITYOH ?0 ?hT€ CTTY Cd� l3RA�D IS�ridD, - - ���,; —
<br />_ ' IiBBRLSNA. ����.;`s��'_`>. �•
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<br /> Together with aU buadings,impra�ssaon33.fadures.streets.alleys,passageways.easemz��S,tlgT►�,privileges end appurtenenc8s .��..�,�. �..;.��i �t;_°
<br /> .� tocated 9hareoc�ar In anywl^.�e pertalning thareto.a�d the rents.issues end pmflis.reverslons and remainder5 thereof.and sucb per- -. ,��.t,�'.-_�'
<br /> . • sonal property that is attached to the improvemen�s4 as to oons4itute a fixwre,InGuding,bui rtot Iimited to,hea�ng and 000itng equip `'��`r°��
<br /> men�end togethsr witb the homestsad or marital ir.^.:casts.it arry.vihtch in4erests are hareby refeased and watved;eA of which.htict� �.�+�'����,��.
<br /> � ing reptacements end addttons thereto.is hereby dedared to be a�,��'t o!tha real estate secus�d by the Ilen o/this Doed of Tnut and ' .°�° _
<br /> aU of the fasgoing being referred W herein as the`PropeRy'. ����—
<br /> • This Deed ot Trust shall secure(a)tfie payment of the prin��sum and interest evidenced by a promissory note or�c�[1 agr�a� �`�'=- -
<br /> meM'.�°3.,�.• .having a matueiiy date ot • �u�"�;':+�;,:•� .
<br /> Jaa�e�ary 2nd 1997 Jenuary Zad 200Z �,,..,�,fx,;�"!!'�1�?,:.
<br /> �� .� in the orlginal principal amount at S and a:�y and a!!modiflcatlons.extenstans and renewais � ' �.t��?�._4:
<br /> ;�, t thereo!or it�ereto end eny end ell t�.dnR dva�ioes to Borrower(or any ot tharn It more than one)here+u�der pursuani �. ,��t.����`:,,..,...
<br /> , • r�sf other sums advanced by Lender to �'`j�; :'�;`::--
<br /> :•...! to one or more promissory natas or aed�t agreementa(herein ca.tad Nate'�:@)the PaYrr�+ !,., � —
<br /> � .�lk�' .,' .. ,.' + _
<br /> � protect 4he security o!the t�iote;(c)the periormance ot aii oovenants and agreemerrts ot Trustor set tortN herein;and(�all preser►t and
<br /> tuture Indebtedness and obiigatlons o}Bonov,rer(cx��af them if mare than one)to Lender whether dlrect.incll�ect.absWute or oontirr " . i ,;:�-
<br /> ' � geni end whether adsirtg by note,guarenty,overd.*a3P r,�otherwise.The Note.lhis Oeed o!Tcust and arty a�aiP ot�er documenb that � d
<br /> •� secure the Note or othervutse exeauted in connection the r s w i t h,inc tu d ing w i t t io u t I im i t a�on gua r a n t e e s,�s+A ry a g r e e m e n t s a n d � �`��'�'�� ,�
<br /> ' . � e s s i g n m e n t s o t f e a s e s a n d r e n t a,shail be referred to herein as the'Loan tnstruments'. --
<br /> � � ` Trustnr oovenants and agrees with Lender as bitows: ,�':---- --�-.
<br /> �� 1. Psyrt�ent of Indfb4edne�.NI indebtaQness secure9 hereby shatl be paid when due. -.-�;••= ,,:-.:-
<br /> • � ' 2 TIW.Trustor is the owner ot the ProPeAl►,has the dght and�uttwdry to convey the PropArty.and warrants that U;e�en creat � ----
<br /> � .� ed heceby ls a flrst and prior Ilen on the Propedy.exceDt for Ilens and er�cs�mbranoea set tor9h by Trustor in wdUng and deL'vere�ta �� :,-:�;�.,.
<br /> - � Lendar betcue oxeartion of ttils Oeed o?Tnist,and the execution and defivery ot this Deed ef T�ust does not vtotate any contract or -� • _°�W���-
<br /> . � , othe�ob(igatlon to whleh T�wtar is sab;ect. ��":�"x`;; '�-,
<br /> � 3.Ta�us,A�ssm�nta.To pay be}ore detinquency a!1 taxes.special essessments and ati other charges against the Ptoperty ;F.;;r:-���,.�;;:..°.
<br /> � . now ar hereafter Isvie�. S�-�.. ._,�°�';-�>,,
<br /> � � 4.Inwranc�.To kse the PropoRy Insured a nst damage by fire,ha:aT,�3 inctuded withfi the te►r.-�'�tonded oovarage",and � r��`�'+ a
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<br /> � . } such hauuds as Lender may require,in emountn and with comyanies accep�..e to Lender.naming Le�r:v es an additional nemed ,,�-,;;
<br /> 4 ,,:•t;�,=:�
<br /> Insur�d.wlth loss payable to the Lender.In case ot loss unQer such polictes,tho Lender�s aW�orized to zdjust,ooltect and compro- ,: � �•�"�±�� --
<br /> miso.2�J dai�thereundor and shall have the opUon ot applyirtg ail or part of the insuranco���ds t7 4o any IndetaYe��s secured ,,;�:��,� f;_
<br /> hereby and in such or�der as Lender may detennine,(ii)to the Trva:.^Pr to be used ior the re�c-ir or restoraUon o1 the Prapcs9.y or pii)fat ;�,� K�;,� • -. ;r
<br /> any other purpose or objeet satlsfactory to Lsndar without affec�r.g the Ilen ot t�ss Deed ot Trusi for the tull ertwunt secute�here�►y • ��9�r--
<br /> ° ' beforo suct�paymen3 ever took pGzoa./3ny appile2�on3 01 proceeds to inde�dra:as shall not extend or pastpone the due dat�01 any �n+�"�`•
<br /> payments under the Nate,or cure�ny delault thereunder or her�under. :_��
<br /> � � 5.Escrow.Upon wriiten darc.and by Lender,Trustse shall pay to Lender. in suct�mannor as Lendor may designate,suf.'tcieM �j� � �'�'�
<br />• • sums to er�abfe Lender to as the become due one or rrt�of tho foOoY.�nQ: p)atl taxes,assessments and other�hharges against ��uy.�,�
<br /> PaY Y ar --•�:-�..-�.�w�::.�'.�
<br /> ' � the Property,(li)the premlums on the proporYy Insurance required hereunder.piq tha premiums on any mortgage insurance requfred by • • ..
<br /> LOnder. �� � ' '��
<br /> • 8. Allaintsnanco,R�pala�nd Compliance wlth LaMrs.Trustor shall keep the Property in good condiUon and repalr,shatl .`' : � �i" ` '
<br /> . prompUy repair.or reptaoa any improvemerrt wh�h may de damaged or destroyed;shafl nat oommit or permit any wa�e or detedora �`�'��-'�''�� � —
<br /> Uon of the Pro�erlyt:shall not remove,dsmolish or substnnti�tty eltor any ot tRe f►r�provemants on the Property;shall not commit,sufter °���'�
<br /> or permit any act to ba done in or upon tha Pro�rty in viotation o!any tac�.ordinance,or regulaUon;and sh�lf pay and promptty dis- _ ------ ��
<br /> charge at Trustara oost and expense alt tiens,encumbrances and charges levied,imposed or access�aQalnst the Proparty or any ' : ^ ;•---+°
<br /> pan thereot. •
<br /> - 7.Ertriner�4 Dmmafre. Lendar Is hereby assigned sU compensaUOn,awarQs,damagos an�otner p�ayrne�i�v ur r�liei fi�rsre'n��er . :
<br /> • ��cscs��+s�asa+ommra�e� � i;.. . � �.-
<br /> - Attale�0nda+mrnin��e9MV��a�omaxuiocn�atrzoa f • __.
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