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<br /> � ' ACKNd11VLEDGEMlNT OF DlED OF TRU�T .. 1Q�,iS'7
<br /> TAWTOA RBAQ T�Ni B�FWK��KiWINCi: ���,
<br /> �Tn�w�dMtMW��ttlNdooun�eNtl�tTiuMotplibaullo�oc�ouYM�O�tolTruMand�plamorlplip��ndwMlfMpo�M�r
<br /> 01 nN p�orkNd br In IIM ONd ol Tn�t prarldM wbN�Ml�NY dllNr�M�ha�nd o�11p�Non�b Ttupor ths11�mottap�NI IM 1
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<br /> a.d�ullfx brMOh d�tlon uttdr►tM QMd W TruK Inaludlip,but no!IImINd to,th�L«�eNr'�HpM b luiw th�Prop�ry
<br /> �wlorTbda� �ouYO af th�D�ol Yr�w1.�apr�nts w�arM�thal thl� nowNdpsnwnt wu wouMd bfi
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<br /> ' ��rl� � MiohMa Trweor Mit�
<br /> -- DEEfi3 OF'PWUBY Wii'H�Yi�iii�A�i�APICEB -{
<br /> n�s o�o aF rAUST is moa.a.o�a�s�sts.d.y a 1�. ,�o�.e�r+�nd.morw
<br /> th�Tn,aa, �i�in Y 11iah,rsn k Y�cl��_�!#�iA�p . bwb�nd �od �ite .
<br /> �18 J�n 8t fir�nd I�i� 11� f��Ci-113�
<br /> whow mrWrp addnts is --(Mr�n'^fr•uiAOr�"wM11Nr orr or mory
<br /> . � _� t1w Tnuw� Pi�� �int� �aok. a M�bra�ln Corvoratloa .
<br /> whoM m�inp add��is P.O. � 1307 Gsand Itl�u►d. NB 6d� (�,�-TN���,y�
<br />=. tM e�rwnctary. Fiv� Pointa i�nlc ,
<br />-• whaw m�Ul�p addnw i� �••" " BreadrMll (iraud I�l�ad. M6. 686i2-13r7 (herNn"Lend�1.
<br /> ---�— . - :.2�3:. �t ��«�ss
<br />- — FOfi VALUABLE CONSIQERATION,i�oludlnp Lender's exNnuon ot credit identifNd fwreM to
<br />� i V�rla E Mialfan (herein"Boaower",whether one or nnore)and tha dust heroin creatod,
<br /> i, the rocelpt of which Is hereby acknowledped,Truelor hereby irte�rocably prants,t►apsfers,conveys and afsipne to Trustes,IN ,
<br /> - TRUST,WRM POWER dF$ALE,fw the benetit and eecurity o1 Lender,under a�d aubj�eet to the t�rma and condidom henfnsftsr set
<br /> toRh,the real proparly.dwcribed es lollows:
<br /> ;� - �.ot 60. f i 3, r,�;,�.ri sna���►���,. city ai Gama� Ialtaa�l,, �s�i �+��r. ���• -
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<br /> enb rf hts rivlle ea end a rte-
<br /> Topethe►wlth all buildlnps,improvemants,lfxtures.alreeb,�Ileys,paeeayeweya,easem , p p p PP�
<br /> nanps located thereon or In enywfse perfalninp thereto,and ihe renls,issues end pro(Ita,reversions and remulndera thereo},and �•�•
<br /> n end
<br /> such pe►4onal property thet�e attachsd to the improvements eo ae to constitute e Iizture,includinp,but not Ilmited to,head p
<br /> coallnp equlpmen�end topether with tha homestead or marital interesta,il any,which Interesls a�e hereby released and weived;all
<br /> s.. 01 wMch,Includinp replecemante and addltlons Ihereto,Is hereby declared to be a part ot the real esfate secured by the Ilen ol thli
<br /> -- DMd of Tnu!�nd �N ol tM forspofnp befnp rolor�d to fwreln�s tho"Praperry".
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<br />. Thfs D�id ol Trust shell�ecuro p�the payment o1 lha principal�um and Interest evidenced by e promissory not�or ond4 -
<br />, apr�nl dated *;:�; �°*� L�� — --,havin�a meturfty date o1 July 19th 1998 ,
<br /> - m ms oripinel pdnclpa18m0unt of s 16.020.S� ,and any and all modiHcetfons,extenaona and►enewais �
<br /> s;;;.. :; thersot or lhereto and�Ry and ell fulure advance8 and readvancea to 8o►rower(or any ol them If more than one)hereunder __
<br /> �':;�f ' f pursua�t W one o�more promisaory notes or credit agreements(hereM called"Note"):(b)the payment of other suma advanced by =-
<br /> � ;�,��,` �.. Lendsr to protect the seaurl9y of the Note:(c)the pe�iormance ol ell covenants and egreemente o1 Trustor�t farl�a�herefn:and(d)all
<br /> � •:-�;�.;•;;s•� prsNnt and luture Indebtedness and obliQatlons ot 8orrower(or any ol them il more then one)to lender whelher direcf,indirect,
<br /> � .ts ..
<br /> �, �r.:i� :�•:;•1 abaolute or contingeM and whether arl9ing by note,pueranty,overdrak or othe►wise.The Note,thla Deed of Truat end any and all e
<br /> ��;. ���•�•'+<
<br /> ��, � � y�Yi't, otherdocuent�thal secure the Note or otheryrise executed In connecUon therewith,including without Umilalion guarenteea,security =
<br /> t �
<br /> ' i�,s-� iroreements and aselpnments of leases end rents,shaN be reterred b hareln es the"Loan Inatruments". —
<br /> - �L '�'. Truaror covonents and a rees with Lender as toiiows:
<br /> �' r�t r r'��=''' L PaynMnt ot Ind�btadiisr.All Indebtedneae secured hereby ehell be pafd when due.
<br /> °"'�. , � �'�� " 2. T I t M.T r u e t o r l a t h e o w n e r o i t h e P ro p e rt y,h a s I h e r i y h t en d a u th ori ry to conva y the P�o pe r ry,end werranta that the I�en
<br /> - ��!•a ti,rn�1.,i;�t�l=.
<br />_�,���,"��E`� ,,'�,;, created heraby IB a first and prbr Ilen on the Property,except lor liens end encumbrances sat torth by Truator fn wrftin�ar+d _
<br /> do l iver e d l 0 L en d e r b e f o r e e x e c u t l o n o t t h i s D e e d o f T r u e t,a n d t h e e x e c u t i o n a n d d e l l v e ry o l l h i s D e e d o f T r u s t d o e s n o t v l o l e t e a n y
<br /> � ,_:.= contnat or other oblipatlon to which Truator is sub�ect. —
<br /> ��''"'`'��' 3. TaxN,A�shtm�ni�.To pay before dellnquency aU texea,speciel aeseesments and oll other charyes A�Ainst the Properry L-
<br /> ' �" .,�:�r�., now or hereafter levied. —
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<br /> . ;�-;,�';'�;i y �1���•� �. Inw�anw.To keep the Property fnaured eyalnat damage by fire,hazerda Included wNhin tne term"extended coveraye",end —
<br /> ' �cs;�t��,,,yS.�,f;:,:;: such other tr�aserda as lender mey requlre,in emounta and with cn rnpanies accepteble to Lender,naminy lender ae an eddltlonal _
<br /> .�r,r���;';��%t�, named inaured,with loaf peyeble to the Lender.In case olloss untler auch polfcles,the Lender ia�uthorl:ed to adJust collect and _
<br /> ":r�s��r;;' cAmpromise,all clalme thereurde�and ahell have the optfon of appiymg all or part of the inaurance prpceeds(1)to any Indebtednesa �,
<br /> �� , _-_r.; ;T%!�;'• s�curad he►eby�nd in aach order as Lender.mey dolormine,(Iq t0 the Truelor to be u8ed tOr the repair or re�tOraUa�of the Propetiy ��.
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<br />_-;: ����'�.������1, or piq tvr any othe�pu►poae ar obJsct eaUslactory to�entler withouf eHectlnp Me Ne�ot this Oeed ot T�wt for thefuJe amount secured r;a.
<br />-;�;— PNnbr belqn auch payinent ever took p�ace.Aa�y applicaf�an ol proceeda to indeY��tadnfws�hai!nat exMnd or postpono tiN duo _
<br />_- y��i;,;y��_ ; d�q of amr QMymenb under the Note.or cure any delault thereuntle�ar hereunder. _
<br /> __ 6. EIw�nOw.llpon wtilten demand byv lender,Trustor aheU pay 4o Lender,In auch m�nne;aa iender may despnate,suHEc��c _
<br /> - �..��..�wV� -�..w....�M.�..I.�r�w+�d�u M�nr mnr�n111uo kfflnwlele•lll all 1�1tAA YflBL91R��If!011d Olh9[C�I1109a lOaYNl1
<br />=-�?�"• •'-M:, ths Propery,(11)tiw pr�m�,,:mY on tha proparty insurancv requir�d hereunde�,and(ili►ttw premiums on any mortpeye in�urance
<br /> �
<br />��v `� �� t�c":~•�.�:.;?�;• n4uked bY Lender. —
<br />;i� .t;:+_��, , . 8. M�Inbmna�,R�psln and Compll�oc�wilh L.�w�. Truebr ehell kaep ihe Proporty fn�ood conditbn and repefr,shsll =
<br /> __ ' .�,4 promptly ropNr,or replace�ny improvement whicA may be d�meyed or deevoyed;sh�ll not commit or permit any�raste or _
<br /> ��:a:;sji:?;;:� dN�bradon of the Property;shell not remove,d�mollah or subuandelly alter any ot Ihe�mprovementa on the Property;ahall not
<br /> - -�-�".'�"�;:"^ •• comml�fuHsr or p�mR any act to be done In or upon the Prope►ry In vblatlon ol sny law,ad�nartce,or repulatbn;and shall pay�nd �
<br /> _,_� ._.�-..�. .. 1:_'S
<br />_-_��-,•.�;-;�:s.�:,• prpnptly disch���t Trostor's t�st�nd expenss W Ibn�,enoumlx�nces and eharyes Iw�Nd,impowd or u�e�d apaln�t th� �
<br /> ��,,,,�,,,�,�'�:� Propsrly a�ny p�M tlNr�of. F'
<br /> ,� 7. EniNwnt Do�naln.Lender Is hereby assipn�d all compeneation,awerds.darnaQea and aMer paymsnh or relfaf(herNna}ter
<br /> °Proo�od�'�In conn�atlon wifh condsmn�Uon or other hklny ot tho Propery or part thanof.a br convayance In liau of cai�Mmna• `�`
<br />-Y tbn.lsnder thW bs enUded at Ib optbn lo commence,appeer In end pro�seute In ita own name any acdon ar procsid�ng,x,and `
<br /> shall�I�o be�ntld�d to m�k��ny compromip or oetdement In conn�cdon with�uoh t�kinp or damape.ln tM ovont any partion ot �C,
<br /> �`�n+ — Mc�s��.v�.io..�e...�orn � �
<br />_ _�,.,;.. .•..r. 0�1Mww�IN�r�laenwatnw�w.rtar�A�wnnUne.r►NwMu
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