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<br /> ACKNOWLE�EM�NT OF DEED OF' TRWT .�y�y
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<br /> Tru�or+�«�r�.�w.a o ow�.n�wR�rru.00r b.boue a.�aouM N•o.a a�nu�.�a�•ma�o..�w r��ao�wr
<br /> a�I.��d+�or In M.D..d a 7iwt vrovld�wW1.rMi�r dMN►«M rlphM.na abNp�Mon�b Tn�Mo.lh.n.n+a�M�Ih..�,t
<br /> ol w a b�ch of abltp�Non �Ih�Wrd o1 Truef,�nck�n0,bW not IM�IMd b�IM L�Idn'�HpAt b h�w th�Rrq�N�dd
<br /> ��i+��il�or�w.�aq.oi�ai a�a�Ta ;�,,�►�nor►•a�««++..na w�rn�a a�.�a�..oa�owaoo«�ne w...�.oww e�
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<br /> gh�.ln ♦ � Tnator Mi1�
<br /> _ DEED OF TRU6T WITH FUTURE ADVANCEB
<br /> THIB DEED OF 7'FM1ST.Is niad�n ot eh�..y�tb-�hY c�ll t��_ .1p��bl��nd�monp
<br /> �' th�Tnutor. n..�rr � 1��.s. s sb^,ri�X ♦ ll.rtm� hu�baad �nd �ite .
<br /> wlwN mWinp add►�1� 172� M Cl�bu�cu -- —Graad i�l��'Tn�Y'wiN-thir oni Bor mon�,
<br /> q�T�, ^,�<�,��� ,�in���� � �brult� C�ooration ,
<br />°'"��'. wtw�rtu�y�p��r�a a P.Os Box 1507 �irrnd I�lmd. MB 66BaZ (h�nin"Trww'�.and
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<br />'.Ct•.ti� ��a�`� o
<br />:��� 1�M��16flC,l�h M-.:r.+�s-,!.nint� Bank ,
<br /> z- whose milllnp addrN�b • am�-_.....�.�p''oi'�r.l i rr.nd idaed� 11E. 68AR2-1'.�7 (herein"I.�rld�r�.
<br /> FOR VALU118LE CON8ID�RATIQN,in�ludlnq Lander'o exten�ion of cradlt Identltied Mroin toHasrY J M�rt�n� -
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<br /> '=,� (herein"Borrower",whether o�le or moTe�j and the trust hereln areat�d,
<br /> the rscelpt of w Ich is hsreby acNnowledped,Truetor hereby Irrevxably�rants,tranafera,conveye and aetiqne W Tru�tee,IN
<br />- 1'RUST.WITH POWER OF 3ALE,for the benefit and recu►Iry of Lender,under and sub�ect to 1he terma a�d condlUom herdnafter iet =_
<br /> forth,ttw roal prop�rly.d�scdbed es followc —
<br /> ,,.;i. — LOT ONB �11 IN �idlCK fiiiEii'PY-'i'ii0 i2Z) Iii SC1iI�ii�R'S Ai3DITSi�1 Ta TflE CITY i3F .
<br /> IiRAND ISLAMD. MEBBASIIA
<br /> ,:• Togethar with ell buildings,Irnprovements,llxturea,atreets,olleys,paeseyeways,easementa,righls,prlvllepea and appuAe- _
<br />° nances loceted thereon or In pnywlse pe►Iai�ing thereto,and the rents,isauea and proli�s,reversions and remelnders thereof,and
<br /> such peraonel prpperly Ihat Is altaahed to ipv lm��ovements eo ae to conetitute a fixture,Including,Cut not Ilmited ta,haednp and
<br /> aoollnp equlpment�nd topether with the hom�estead or maritel Interests,if eny,whlch intereals are hereby released a�d waived;ell
<br /> "�' of whlah,Inoludinp replecements and additions thereto,Ia hereby declared to be e part o11he�eal e�tab aecured by the Ilen ot tF�is _
<br /> Doed of Tru�t�nd all of the fapdnp belnq�eferrnd to herefn ao the"P�operty". _
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<br /> = This Desd ot Trutt�hpll oecuro(a)the payment of the princlpel sum and interest evidenced by e proml=tory note a credft
<br /> �p►esm�nt d�bd ��� ��� +�� ,hevinp a meturUy date of .Iu�� �s h 19q8 ,
<br /> �.�, .
<br /> '� ' � in the o►Ipinal pM�clpal amount of S R.A2A-s0 ,and any and all modilicetlon�,ext�miona a�d renewals
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<br /> � -�;�:�: lhereol or thereto ond any and all future advancea and readvances to Borrower(or any ol them it more than one)hereunder =;
<br />-, !�::• • purauent W ons or more promissory notef or aredlt ayreementa(hereln called"Note");(b)tha payment of other sums advanced by _
<br /> � � .�•�•8!�' Lendsr to protact the seourity of the Note;(o)the performance of ell covenents and ayreementa of Trusta set bNh horeln;And(d)all _
<br /> ;•> V� •' � pre�ent and tuture Indebtednesa end oblipatlons of Borrower(or any of them II more then one)to Lender whether direcl,indireot,
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<br />°��_ �s.,k.__ ,. � absolute or continpent ond whether arisinp by note,yuaranty,overdrak or otherwise.The Note,thls Deed ot Truet anQ any and all -
<br /> - r other docuenfs th�t secure ths Note or otherwlse executad In connectbn therewith,fncluding without Ifmitatlon 9ueranteef,focurlty `-��
<br /> � '^ '�. ;�r` apreemenb and aalpnments of leases end rents,shell be referred to hereM ae the"loan Instrumenb".
<br /> -- =���•° Truata cov�n�nts end agrees with Lender as followa:
<br />�;�; t. P�rm�nt d Ind�W�dna�.All Indebtedneas secured hereby ehall be pald when due.
<br /> ,;�� � H}�y,• 2. Titl�.Truftor Is the owner of the Properly,hes the iipht end authority to convey the Prope►ty,and warrents that the Ilen
<br /> � �'•F " crel�ted hereby la�flrot end prlor Hen on the Property,except for Ilens and encumbrances aet fo►th by Truetor In wrlGng and
<br /> ;,.. , s:�isr::��: . , -
<br /> detivered to Lender before execution of this Deed of Truat,end the executlon and delivery of thls Deed of Truet doea not vlolate any _
<br /> �'� d:.: • .,.N, f contraat or other oblipatlo�to which Truetor la aubject.
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