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HomeMy WebLinkAbout1632-- - - -- ~ ~ s. rarBnL F~~~ v.~l~~,~;~i~ : un~i~h•r,it~~~n (ii,~ntui h:~rf•t~y v~ll~•,int! ,~u~v~•y. th~• F'i;,~nrity tcy in~St~i:. l~,y~~ti~~~~ w~lh dll d{y~u~U•ndrn~~5, li~h~rrS. ~~'ntti, ~»u~•~.inc1 {~r~~t~iti, •f,il.•r,~lit~ h.~tui r~•S~•~v~~~r iiqhli.ti~~:~:~•vf.i ~~vr1, rr .•~f. dl:{~••~lil~nu~q Ih~:~~•~u tx ~iv'(1 ul ~ unrur~ inNl [hr~rtv~th, Jnr! V.~Ardnl~ lhf~ I~IIF• Iu Ih~~ F'~i~{u•~ty, 5~1~;~•~ t!~i li.•t~S `~,+ ~~~al {ir~~~~r1y t.~x~~S ~lntt ~~iS~ Ss+r,.•n!S n~~t ! un~~nlly H~~r dnrt ~~lh~•~ i~~,illr,~~ ~h~~Wn ~m ,i~ry diT~~~.h~~~~.~i~ 1~• r.~t~~ ~h~t qi~inl ~ti n~a(1r in Uust R, ~.~•r u~r lhr Ohlu=~~tiur~s 7. Covena~tsof Grantor. G~~inlur ~ uw~ndniS.fnri .~qi~•,•5 le) !r~ {~ay ,in t ~~hSfy ,ili tii•• l)t~iu7.~t~ ,±~ti,~~rf •„ •. ,~t dnd ~K~rhJnn ttt.r,nrti~ny M th~~ir t~':n~S all uf Ih~ r ~~v~'i~dnls.uu! ~~yi~~~•~rt~nl~ ~~,~~t~urt~:~l ~n lh:~ ~i• ~~! <,t !r„~,!, r1~.~ Note arui in ~'1~1y Olh~!r in5tfu~rn•nt whi~.h i~iay h~~v~• tn ~•n ~•x.~~ uh~~f irl + unne~i.liun :":~th IhiS ~t~~~~rf ~~t tr~i,t, (b) tn {,,iy ,~nd Sa~isfy when rlue all ~ lain:s. t~-x~•s.~n~t dis~•svt,~•;its antl ~~r~„r ~•n; ~~~nL•f.~ni.es avh~, 1i ,~ft,•, t ri~. Pr~~~i~•rry an~1 nUt tu {~er,ni? ,~r S~i:i~•~ .~ny ~,Ih~rr l~trn .na~~in5i th~r i'ru~rrrly..ax~~•~~t w.~lh th~~ {~t~u~ :.~;ft~ i~ ~~f.~.~ r~~ .,! f3••n~th; i8ly. (t.) l~ t)t)tim dnrl maintd~n :1[ ~II [nn:•S t~'%lii i.•5 ut tu.• an~i ~•xt~•~+;Ir.,•! ~ uv:•r~N~~• iri~,ur~~rn .;~, .~~~ .~:~ „:r~r ~<~~~<d tu (hr fi~fl inSUrdf,l.~ vdiu~~ ~~t dll i~r,~iriiv.~rn,•~11~ un Ihr Pr~:p}rrty. <~n~! ~~.i~ h uth~ri i~,i .~t~l ~n~.~::.~rn ~• ,~. QFn.~fu idry i~~ay iec~uur..ili ~~riih Sui h{;nl~i.y {~ruv~:u;n: ,fn~i :ntti „ii h r ~nr:t~,~n;.•s ~~~ +n,~y tl~~ .~~~{~r„v: rl ;,Y Hc:tu:tia i~~ry, ~fvith Bc•n~•ti~ ~diy n,~'r,rr! ~u dn ir~5iu~~ti {~~arty. ~~~i~1 1~, ~~SSiqn dnrl ~iriw~rr itl~~ t:~,lu ~.~5 ~.f ~ns.~r,~ri~ •• t;~ $~nettt i~1ry, ~1nd It. aulhorv:~ :i~Pli~ aUun rif th~ r•mu~• ~nsur.irn.c~ t~ru~..~~;15 trr,r~; Su+ h~~„!i, i•rti t~~ !h~• ~i.~y.. ; ciT :,r, ~n thc~ d~s~.~F~tiun ~~i 8rn~rh~.~ary. Me:{»yir,rnt uf all c,r ~ny pa~ t uf th•: U~I~~ydtwns. ~v~th th~~ 5;,~~~i~r., ~t .,riy, r• ~ i, t~a~d t~ Giant~~r. (~f) tu 1.~~~•~ ~n~ Pr~,~r~y :fn~1 .iny ~nipnwefe,~~nts :^1hi~.h in~iy .11 ~ny lir:~• t~~• ~~ri th~• N~r,~;~•r'y ~~~ (~t11)[~ COtI(1~~1:)Il dfl(~ IrFl~ly drlf~ [U r.U~'l~~llt Ur S'.It1f:/ IIU YrdSi~:, (~') r~'1i SU t ilt:lt!u~ ~~r ],U}f~]t t1i:5hu; 1~~ ~h ~~t r.•'•~~,V.,! O} ~ny ii~lur~~v.~meniS whi~.t~ mdy at any L~n~~ t~r ~~n !he Pr~~~er~y N~Ihnu! fh~• niu,~ .frith•n ~ ~,nv.r~t ~~f Ei~•n~:i~~ ;.~~ ~r. ~fnri ni~I Ir~ aSSti:~n th~• rc nlS ur inG~mte t+;~tn ihe Prc~{K~rty. (~1 I~~ ~ utn~~ly :•~~th ,~{i{~~i~ et,l~ n~5~u.d~ ~~ {r~,tr y - ~r„v~S~t,ns and all I~wS. rntLnan~.e5. it;i~~s dnri rtr0ulai~uiis <,t qc,vt~mm:~ntdl au?h~~r~U~:~ o„v•rr~n:1 th~~ P~"~ :! r; ,,f , u~r. (71 to :i~lpear in ilitd d~~f:rnd any ~i~ U~m +ir Or~x ~Y.dinq ~>ur pur [~nq it> ~~f ffrc.t th~: E'!•~{i~~~ ty. Sh~ ~~: ,1~ .'' ~•. 1• i uf t:usl ~~r B~~n~:fi~ ~ary's nyhts th.~r~ ~n ~n hF~rF•in anrf l~~ {~ay ~;r r.•iint~ur~• ~~•n.•fu iary f~~r .ill ~ r~5t: ~~nci .-,cl •' . ~rn.lu~i~nq a11~~rnf~y5' t~w•5, in~ :~n~•d t~y E3~'ncrtii.~~~y .~S a rc-SUIt ut d~~y s~u h a'.ti~~i~ ~,r ~~~~,~.~µ-<fir~~, Ihl 'i!,~i .il{ n:..,~ :~. 3llf~ OiU~_~rtY1S ~~~ ~'~vE•(1 irl r.r)nn~ ~ Uun ,,Vi:h th.~ r.r~iK1a•rr;ndU~in Uf i~r inj,try ,~r ~lvni.tq:• tr~ tli.• Pr~~p. r ty ,• .~~*~~ ~ i~~t~. r~~i~iv~~cf in li~~~~ ~f sur.h :r.karrls c~r M~)~ Ff{1S Sh:~l) -,~r ~~~io tu ~eii~•fir ~:~ry ,~n~i sh~ill :,.r ,~p~,i:~•d try Ei~•+„ tn ,,iry +~rti~ tc~ c_~i5t5 anrf F~x{~~nses. ~n~ lucfir~a att~,rnNyS" f~-~-s. ~rir urr.{] by EiF-ri~:f~r_~a~y ~n ~:c~nnc~~ h~,n w~th S:u.h ,,::a~~f5 ~,r ~r„~.c-er15 and th~•n (n rhF~ {»yrnF~ni ~~i, ~r ih~~ rl~Sc.rc~hrm ~~f B~•nf~fu.,~iry. c?r:.~;ay~nent, r~t Ih.• Ut:~i~~,~L~~n~, ::~it~ th. S:u/~lus. ~f d~~y. to t~~• ~a~~i !t~ (,rant+~r. 1~) that, if Gr.inir~r idilti tu ~.~.:,~, dncl ~;c~rfnnn .u~y r~w~~nmi ~~~ ,~:~,•-. ~• ~ nt ~~n1l~linFY1 nl ihiS (1F+~r1 ~,f t~u5t :it_~.urd~r?y 1~~ ~~5 if~trilS. ~~~n.~f~r,i,fry t1i.1y. dfl~~r •~~,~SC~n;i!)I•> rn~U~ ~•. t:)ti ~• ~~~ ~.~~„~ +~, l:•. t.~kt~n w~.h et.hc~n aS iI r1r•~~;~~5 n~•~NSS~ry nr ~lesndti{~r I~~ ih~r.rn!i Ih:li Siu.h ~~~v~'r1;1n:5.-nr1 .fq~rrrn~Nr~.S r.~.-y ti+• ~~{, dn~t {~Frf~~rmt~ti, anU any s~cn5 ~~rlvdni F~i ~~r r.~~S15 dnd '.-xj~Nn r~s ~n~_un~r1 t:y f3F'n~-fi~ ~,~ry iri ~ r~i~n~rr.l~~ m Ti~:.r~•:.~th. mr.l~3rlinq .ittr~rn..yS' f~r•S. Sh,~U t~Hr_tiir~v r1~~ar irr.~rr•di~it~•ly Wrihr~u; nu,~u_ <tn~ Stt.~il t:.-dr ini~-ic•51 ,~1 .n, Annual Percentage Rateof 18 Percent; 1}) ih,li ~'itdr:,~~r ~uh•url~ritiif-S dny riqht', ~itd:~i<)r rr~~y hhv~~ i~, Ih~• Pr,,~~:~~ty ,,, n h~~n~c-Si~•:~'1 eR. ir,p-~r~n u~ ~lnV Srr,~i:~r ld:~: :~hi~ h rndy hr-r~.<~}F. r t;.~ rnd~.i+er1 in C~~iurari~~ t~~ th~• li:~t; ~:f ~!~~S ,l: ;.,1 a~t ?r~KL dn~1 thd! 1~ 1 a; .h~• r~r~n~-SI ctt E3~>>s:rf~t ,dry, i~~ ;1F•E::i~.rt ..~th 3~•n~~fn..ary ~:~: h~r,~~n!h an :i~r:~~.int ~.j.~,~! S~, ~~n.•-t::~•Ifth r~t th~• • St,n..it~ i J~~r~~;a! rc-dt ~S?ri!•• ~d~~~S dn') ,iss~•sSrr.c-nts for thr Pn~p:~rty tuu) ~in•-~-::• 11Sh ..± ~Ia ~~Sf~n ,i•~.~1 dnnudl ~titi~~r.in~ r S:r.•!r~~ ,r~ T~, t,~• .i~~c:lirKl it~ Ekly!~~~•nT ~:f Idx~S:ind cn5urdn~ ~= JS r~~qu~r:•:: 8. Transfer. If ~,~an;,u ;h,~ll i.•,iS~:, 5~•II, ;~nlyd:.i i~~ ~~fl ~~r ~~ih~-rVir5~1'r,~nSf~'~ ~~t! r~r ,iny G:art r>t !h~ f'r~~~;,-iiy .^/~th,~~;t (hc ~~r:~)t ~^.~r~(I~n ~ i~ni•~nt nf (j~•na•f~; ~d!y. all Oi,l~~,tu,ns sh;ill (;:. f~,clhtiv~ih ~lur [~nr1 ~ay•+:~f~r .it !h•. .~I~•~ ;r~~n -,f t~ZF• B~•n~:f,;.~nry :f Eic-nr~itlr•r! h~• C.nlu~~~c1n I,i,,.~ .aS ih~~n ~n v~ffF•~.t E3~•n~•f~~.~aty inay !~•~~~nr~• !h+ t•.~nSi~•rra: ±n ;i~S~~rr.~: rh~~ Ut,l~qal~~rns aS a r nnrfit+~~ii tr, ~IS ~.Unv•nt t~) th~: V.lnSfv~ ~fnd r.np~~v~ any nih~:r rur~~t~!~~,r~~, u•.,,•~,•t,.,f by (a:: Gr~n!r~, yhail ;irr,,,•.j;~iy nnt!`.y B~rrr~t~r ~,iry nf any t~rot:~~S•'~] lr,inSfrrr 9. Events of ~efault. Th~~ r,~ ~+ur~•n~r r,f ,~rry ~~f ttTr. fnlir~:^:!nq rv~•nis tihall ~ r~n5t~r;i'~~.~n ~.v.n; +:f ~i~•t.rilt hrcrf•~jn!{~~r I:i! ~f~rfault ~n !h~• p.~yr•+:rr~ ::1»~n 'i~iF•,;i .fny ~tf ihc• O[,hr~dt~:in5. ~i! (h) t.ii~:tr~- ;~~ ~~~•rt:;r~r, „~ : t.; -!:~• ~~'.~]lf~~~l~ !~~ ~i5 <<~n~iS:if~y ~if~l~•r ~ r~ycrl~dtl: ~ ~lf~j(l~hF•CI ~i' {hrS ~l~:Frr~ r~f iru°,t Ur ihr~ Nr~i~~ ~)t It.l V~~. f ;;•ir~ „4 ,~ •ir,lunUary nr ~nv"!~~nt,iry (~~~+~,~~m ~n t,an-~r:;~~tr.y t.y ~,r ,;q<~~nst C~ir,~nt~~r r,! ;h~• dppr~~nt~~~~~nt r,t ,, rc•,.~~•~.•~ !r~, .,n; r,t Ci•;~nT~:r';.iSSv-1; nr th~ P~~,t1~•riy. ~~r (r1} ~n ,~SS~Un~,:~~nr hy ~~r,tnt~)r f~,r ih~~ 1~~•n~ti1 ~,f • r~~~1it~,ri C D 10. Remedies Upon Default. U~,~.r~ ~h~ ;~- <,;•,: n-.~ ~,f .~ny ~~v~~n; ~,t rf••f;~~,if. ~~~;~~~f,-,riry yh.~l~ h,rn ?i,~• i~,i!•,:,~r~,a ~ ~ ~~qh!s ar~,1 •~.••,~ Jurs :vh~~ h Sh,sil t,~• r.urr~i:Ea!+:~f• drirf ::h:- h ,r„i•.• ::c. ~.,cr.rr,~>~,ri :~f~th ~~r v~~th~,~s? nr:t~r ,,an!1 ::h~~.h • ;dy ,~ ~ F:~- ~'x:~rr.~SF•~1 `;~t~7a~t~i~•IY.~n~i~ {~~~n~lfrn(ly ~~• , rinc.~~r•r-ntly ,in~l rr;.,r~; lh;~n ~irl~.~• :-n~) ~n dny ~~r'1r~r,:fnt! :~~ih~~~~t .~~~y • 'n ~ x r~~~~.[,~;n t~f !n,r.s~~~i~•S i~; t~t~ r3a~.,~,a~r~ ir,~1!~, t~n~1 ::~:hrnit iff~•~.iinq ih~r rir~hT ~~1 f;~'nr:ltt ~~~ty !~~ ~•xtrr~ ~ar ,fny ~,ih"r ~~- t.i rrcn~F~y ht:reunrlF~! r~r r~h~r.h E:~•n~ t,~ ~dry ir~,iy h~v~• ~ri l~ri, a'~'i ~tr~thc~u; r~rr~,-~!~1 tu r~th~=r rrrr;txf~e:S th~~n, thF:rF>(~,f~;n• :- ?] -' ~~r !hars•afT~~r ~~~uvi•~!1 nr 't~~•~rn~ ,~,uva~•d !al t~, rf~r~ It~~~• ~,r~y r~i dll ~it th~• nhLr~dti~>:~s irnrr~~~d~atF•!y ~1u~• ~enr~ ~~ay~,tii~~. ' .. Ib) i~~ t.lE.~• ~rnrns•i~a!~r ~v~,S~rSS~~ ~n, ~.:in.~r~rn;~•r~~ <u~ri ~~rrtrnl ~,f th~, Prr,~~rty an~1 t~~ r~•p]u anrl rri~nl~iri thcr S~i~r:c• -~ ; __ ,~t [h~• ~rx~:~nSF• ~~i Gra~?Tnr ,iru! ?n [M°,fr~nr; ,~u.h ~u.r•, rhr r~•:,n „r ~n i.~~r~n~rr t~!~n th~rrr;;r~(h .iS E3~•rn~f~~ ~,~!y r~~,~y ~l~~~rr: -- 1~•r~•S53ry r~r ~fF:SfrFih~~:. I~.1 :~, c ;~llr., t ;y~~rj ,~ ~ ~.~y: ,~r,y .~rul ,~!~'tF~ntS. :..;~i~•S .in~1 ~trr~f~?S trn~~~ th~. -~.,:(,~~~iy :ind !~: ~ip(~ly ih~• S:unFr *,~~ Th~~ ~)lil~;~<~?~~,nS n any ir.~~nn~~r ur i~; Ih~- rh~>,~;t ~n n~,~~n1~•n,inr.~~ r,f th«~ {'rr~(i~•rty, ~ir t,~~th, Ir!? in ~inp~y f~~~ dnrl :3t~i.i~r~, ~x t~:~rf~~ .~.^.r) w~~hr,~~t n~ir,<<•. In~: a{~~;n~nirn~.nt ~~f :~ iHmf)nrFlr`~ r~~<<~ivF~r ~tnrl :f!t~~r nt~t~~.~, the ~pftnt~irna:nt ~~f :l (~~,rr~an~-ni rr•rs:~yHr fnr I!~s~ Pr~it~•rty r~r ~if th~~ rrtntS. ~SS~icrS;~nr) ~~ruf~~s ih~rrr:~>,', „r tY~th,.inr! ?~~ h;~v~~ Su~.h t~~ra~~v~~~S,li:p',~nh.•! di.~ rn.iit~.r .~i .~qh( :r~ih~,;it r~Y~:)r~1 S~~ th~• 5~~iv~n~ y r~f .fny ~~°'r~,~,n ~~r th•~ <v1~:~~i~:i~.y u~ ~-r~•~ S~•r.ur~ty r~r th~~ ~ix:st~•n+.~ ,,i :,aSt~•, ;inr1 T~~ havF• Su~nS r~-~ ~~v~rr1 t~y s:u.h n~~.F:~v~•rs. ,~ft~~r ~1e'li~~tmq 7n!1 ~~Yin~~ ~ nStS :fnd ~~x~F~nS~ s t,t S~u h tN~ :•werships. ~nr.i~t!f~nq atSt~n~~~yS~ -c~r5 ~it [it~n~~fi~.~arY.,iP~l~~~c1 i~~ ?hN ~hliqli~~~n5 in sur.h rn~i'in~~r ,~nr! ~srtl~tr <ls B~tnF:tu.~dry r.i~~y nK~itNCl. (~') (ti ft;r~~•J.,y tt,~s,i~:~Ki ~~f tru;i th!uuqh th~- Trustr-c~ ~~r ih~rjuqh ?*~rr ,.~,uriS JS thP B~=n~rfi~.idry m~y ~1~•Sir~r ai~~! t~~ tyr:~.r,~r~~; th~~ uurr_h:iS~~+ ut th~~ Pr~;{w~; ly dt any h~rr~~ Ir;S~~rF> Satt~ ~t hir~~~ i~~v~n~ ~5 r•,<r'1N thru~iqh th~: Tr~i,t~-f,, Zeu h fur~•~.I~~sun: shall 1~~, +.un~tu~.i~xl m ih:- rn~nner p~r~virl~'d by 2hc• Irir:S'~f ?h~r Si;fiF~ uF C;r~lrir~f l~~ 7 < _~ C~` Th~ pr~~r_~~~'C15 ~)f ~~ny frYkrJrsSUn~ ;.ilc. Shdii t~r5i h~~ o~~i,i:rKj !~, rc:.r.;l,uru~ f3r•rt~•T~r ~;~ry fr~r (_~1 ~'~dS~~n:f:~~r~ r r,StS ,int1 ex~~F>nS~S r~t fur~c,ir~s~~r~~;~~u1 (b1~F-~s~i~~7t~l~r,i1?~nn.:yS~ f~~~rS (~it th~• attr;rnF;y ~~~,i ,~ st~l~n~.~1••rn~,l~ry~:r-~~f E3~:n~~fi~.~,~rv! n~~; m r~xress of 1'~`:; of thN unpa~d balan~ ~e th~rn ~;u~:, r~r rf,~Itc.i~f.r1 t~y Ih~~ Unitr~rrn C~in;u::iF~r Gtcd~t C~xle, sut.h aci~}~t~r,nal f~s as may t~~ d~rectw~ by ar.:f(~-'rt~~n,~t~~ rc~uri. ~ind (r.l Ihn hal~~nr.~c ~~f ihr! ~3/U(,i~FYJS. Sf'.dll L•~t {~id itr51 to 'E,t~nefir.iary tu pay thP Obl~~aat~uns, w~th th~r 5ur~l~~s. ~t ,~ny, tr~ bf~ p~+d t~~ lh~~ uwr~~~r ri~ th~• Pr~>~~riy trn thi: date of thc~ fnr~~ci~;;urF~ 5ale 11. Miscellaneous. (al This rif:~~d vf t~ust an~J ~~ ~r.h uf it5 {~ruvisi~,ns sha11 be b~ndrnq up~~n th~~ he+~5, ~~~~suna~ representativPs, succes~~rs and ass~qns ~f Gr~3nt~~~ anrl Stitill ~ni~re t~~ the t~in~rht of the Tr.ustF~•, ?hF~ B~~n~~`~~ iary and h~s and its succesw~s and ass~qns. (bl Th~s aF:~-c/ ~f t~ust rnay t~a. ~,~„F~~~~i o~ ,~~~~t~.~i ~~nly by ar~ ~nstrurnF:~~! in writinq signed by the party rha~yed with such arnendment or waiver_ (c) Thct tFrms "Grantor," "'Benf~fu.iary," "'T~ustee,~~ "Prouerty," ""Obiiqations, " and "Nr,te" drFt d~f ~nF~c1 in p:ir~rdphs 1 ihrouqh 5, rF~s-~'r tiv~ly (d) The ~Trustee rnay, upon prtxluction ~~f the N~te, duly c~nce!leci, and payment ot all f~~s ~nr! r.ust iiy Grant~~r release this deed of trust w~thout further showinq as tu nayment of the Obliqations. (e) If more than une Graninr, all the terms and conditions of this deed of trus! shall apply tc~ each of thr:m. (f) Tnn Trust~~ rnay releas~s parts ~~i the Property from the lien of this deeci of irust upon the request of Benef~c~ary with~ut +mpamnq ryq priority Beneficiary may have ~n the rernainder of Ihe Property ur aqamst Grantor ~~_~-~~~~ l981 J~~Y 13 A!1 i~ 3 7 SQOK~~~ PSGf ~~F•V Frl[C iNf Ff CoRuFO ~ SLIUCIf cocV'r. F I A. ' ROGER PGITF~~S `3 ~ ~ ___~~ CLERi( CIRCUIT Cr';'r;; •