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<br /> . �� DEED OF TRUST WITH FUTIDRE ADVANCES �7� ����9 F _
<br /> � I THIS DEED OF TRUST,is made as of the Z�u' day of sanuary ,19 97 ,by and among ,; � ' _. _
<br />. t (� �
<br />, X` : . ' .�
<br /> � thb Ttuscar. wira.i7w s. twr�xACO saePr.zss p . ,,_�`;-=:.�;
<br /> ��''�,. ��'�`�:;�'ti�,:�-_
<br /> whose mailing address is O BOX 1146 GW�ND Z"I.AND NB 68802-1146 (herein"Trustar,'whether one or more). � .�.a.,�:_�o_.
<br /> ..-+�•----
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<br /> tRe Trustee, eaxa og noxir�r �#'s.•�er�� .;
<br /> , ;�rr y,:_-•-
<br /> ��..Y�—
<br /> ' Iherei�'Trustea°l.and • .,r.• ��__.
<br /> whose maiting address i� ; �•i. .��i;� -
<br /> ... .�'^'^"'*'!�� 4 r�.
<br /> - ths Bene�ciary, � __ "'� ��
<br /> (herein'i.ender°t. -.������ �!'
<br /> , whose mailing adQtess Is �f .. ,��r��`;�,`�.���:;�'.
<br /> FOA VAWABLE CONSIDERATION,including Lendefs extenslon of credit id�M�ed herein to ;�,_;. �;•
<br /> ,. � HILLIAM 8. IQ1Y A/H/A - • `.. fi -
<br /> 161C0 SOPPI.IBB. WZLLIAM 8. RAS! .s.,,i_'r..
<br /> (harein'Borrower°,�r+c'hether one or moce)and t�-�trust herein aeated,ths •;� t�����'�r ,.s:..-:
<br /> reee:qt af which ia hereby acknowl�ed,Truseor hereby iRevocabty grants,transfers,convehs s:sd assfigns t�Trustee,IN TRUST,WITH ,�`r i . . .
<br /> .'��� pa4�OF SALE, for the�enefti uzd seeuritY of Lender,under and subJect to the terms�+�a�'�itions here(nafter set farth,the real ,� ��f°r'" j;`�����: .'-
<br /> �`�;� propeRy.deseribed as fatta�vs: _ 1
<br /> '.'�.:�s._----
<br /> IAT pIVS (51 WASTS'8 SIIt4iY SI.OP89 608DIVISION PART OP R'88 NORTEi'eT85T QIIA.RT�R (NWli4) OP SSCTIQ4 iSiBL�fB (12). TOiiNBAIP .y�.�;:.,....
<br /> .. IJINB l9) NORT9. RIfNf3B'T@7 IlOY YBST OP TAB 6Tfi P.M.. NAIS.COUATY. 2750&I15�1 _ �on�-:�;,,"�
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<br />.. . P1tOP8RT7f ADDRSSS: 213 SQNl7Y DRZYH DOI7IPF61A. P8 68832 � . '.?7!�'���`fr..
<br /> �_�,Y,.,
<br /> . Together with all buRdinge,improvements,fizr...�res,streeta,alieys,passageways,easements,rights,privileges and appuRenance9 •;�;;,_�__.
<br /> ti—`:,....
<br /> Iocated thereon or in errywise pertaining thereto,a+:�the rents,issues end profrts,reverafons and remainders thereat,and such personal �
<br /> ` property that(s aitaehed to tha tmprovaments so as to constftute a fixture,including,but not timited to,heating and cooling equipment; y ��`.rY�:•,. ,T�
<br /> and togethar whb the homestead or marttai interesta,if any,which interests are hereby re"�ased and waived;all of which,inciudin8 ,.,rN „�. ___
<br /> . replacemente and additions theretb,is hereby dectared to ba a part of the real estate secutea ty the lien of this Dead ot Trust and a11 of "' ___
<br />� the lofegotng being retetred to herein es ttie"PropertY'. ._ . • � R' �,
<br /> .. •.�:t:,=
<br /> This Deed c`Frust shall seturo(n)tQe payment of the pdncipaf sum a'�] interest ev(denced by a r,ramissory noto or credft �__.�_ _
<br /> �� agreamant dated a�m_�., z�, 1997 ,r�zvtng a maturity date of PeDruarv io, znoa -. Y�� 4. �
<br /> ^r'•�'l�3yi,��:�•�
<br /> . s o o ,and eny and all modHicattons,extensiona �d renewats �"�--�' -��
<br /> in tfie o�iginal prinefpel amount of 9 3 Q
<br /> thareot or thereto and any and atl tuture advancos and readvance3 to Borrov�rc�:�r any of them if more than one)hereunder pursuant to rr-
<br /> one or more promissary notes or eredit agreements therein called'Note');ib!t'!v�08S►ment of mher sums advanced by Lender to protect - � . ---
<br /> the securlty of tho HoTO;(c)t`�p�rformance of all covanante and agreements of Trustor set forth hareim,and fd)a1l presert and tutura � . -,
<br /> indebteQness and oDligetions e�G'�:rower(or any of them if r..ore than one)to Lender whethe�direc4 indiract,absolute av contingeat ',;, . _.
<br /> and v+fiether artsing by note,g.�r�ytY�overdraft or otherw��e.41''e Note,thfs Oeed of Trust and eny and all othar doeumen;s that secure y�+h�: , .,;� ��"=`3
<br /> the Note ot otherw(se er.ecuteA in connection therewlth,inclu�;ng wlthout limftation guerantees.security agreements and assignmente :,.. :�
<br /> � of leases and rent�,�`al be referted to herein as the'Loan Instrumenta'. '�°'��`--
<br /> � Trustor eover.mr�and agrees wfth Lender as toltows: . �`•��i•�}"�
<br /> 1.Paymsnt o4 L:3fbtedness.Atl indebtednesa secured hereby shall be paid when due. + '� .. T `
<br /> Z,TW�.Truator lv the o�tirsr,ct tha Property,has the right and authority to oonvey the PeAertY,end wartante that the lie�ereated ;��,t•' *.;;�,�-��__
<br /> here by is a fl r s t an d priar tien era��2 Properiy,except tor Ilens and encumbrences eet torth mp Trustor in writing end deliveTed to Lender ��. t��,•�---� ; ••;
<br /> r:�j>...,:•. ..
<br />.. beTOre executfon at,�is Dee�ce :rust. and the execution and delivery of th2s Deed o9 c�wKC Qoes not violaie any wntmet or other ,�.,�;:;}�.,..,.,.. ,..•: �
<br /> obilgation to whtc.R 1'n:stor is e��ject. � � -���
<br /> 3.Tene�.�""'sn�•To pay beTOte delinquency a1f taxes,sAecial as���•s�ts and atl other charges Egainst the PropertY now or , ,
<br /> hereafter tovied. � � � � ��'
<br />� 4.Insurenee.To keep the�'aD�KY��sured Hgeinst damas�e bY flre,hazards, included within the term'extended eovetage', and i,` . �
<br /> suef►other hezarda as Lender rrt�y eequire,in emounte and wii�comD�+ies aeceptabte to Lender,naming Lender as an ed�3ional named ,��:;� •'� _
<br /> insured,with los�payabte to tho Lender.In case of loss under such policies,the Landor is authorized to adJust,collect ans compromise, • i
<br /> a0 cialms thereunder and shall have the optlon of applying ell or part of the insuranee proeeads Ii1 to eny indebtedness secured hereby
<br /> and in such orde�as Londat may determine,liil to the Trustor to be used for the repair or restoration of the Property or piil fo�any other , � �,_
<br /> purpose or objoct satisfactory to Lender without affecting the lion of this Deed of Tnist for the tull amount securad hereby before such , , .,
<br /> '. payment ever took place.Any appticetion of proceeda to indebtednesa shall not extend o�postpone tho due date of any payments under - . �
<br /> tho Note,or cure any dotault thorounder or hereunder. •
<br /> � 5.Esaow.Upon writton demand by Lender,Trustor shali pay to Lender,in such manner as Londer may designate, suificient sums _ �t'
<br /> to enable Londm to pay as they become due one ot more ot the following: Ii)aU taxes, assessmenta and other cherSe9 against the . • � •-�°�
<br /> . • Property,lii)the premA�ms on the property insuranee required hereunder,and liiU the premiums on any mortgage insurence requlred by ,� �, �.._:_
<br /> Lender. . � -
<br /> B. Rflalntenanee.Repairs end CompU�nce wtth Laws.Trustor shatl keep the Property in good condition and repai►; shail promptly . � �'
<br /> � repair,or replaco any improvement which may be damaged or destroyed;sha11 not commit or permit any waste or detetiotation of the . , —
<br /> ' Propotty;shetl not remove,demolish o►substentiatly alter any of the improvements on the Property;shall not commit, suffer or permh
<br />--;� -- any eat to on uu+�a in ar upaa il�:.4taFarfy:n��Qlatio� of Any taw.ordinance.or requlation; and shail pay end prdmptiy discharge at � �_
<br /> . Trustor's cost and expense atl liens,encumbrances and charges levied,imposad or assessed against the Roperty or any part tAereoL �►
<br /> NOC3487A Ihort�IMnaal Deem Rev.8/95 •
<br /> 1988 Nitl6nU 8ank e(CanmUCe Tne.t ana Snvtny!Assodatlon.�nrntn.NeDrasta . � :�
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