HomeMy WebLinkAbout8903292003
ll:52AM
HP LASERJET 3200
p.3
RECEIVED
~r ~0 L N COUNTY
CLERK
3:
THIS DEED OF FtlUST is granted by DANIEL L. FAUYER and JAM1E S. FAUVER, husband attd wife, as ORANTOR,
to BONNEVILLE IMND & TITLE CO., an Idaho Corporation. as TRUSTEE, for
SALT RIVER HOMES, LLC, a Wyoming limited llabillty company, ar I~EN£FIClA.~Y. BOOK__PR PAGE.__
Grantor doe~ hereby Irrevocably GRABS, IMRGA~. SELL AND CONVEY TO TRUSTEE J~¥ 77~U~T, 9rlFlt POWER OF SAI.~ Ihe folla~n'ng described real properiy.
to ~ott:
Lot 143 of Nordic .Ranches Division No. 10, Llncoin County, ~yorning as described on the o. fficlal plat thereof.
TOGETHER WIT~[ any and all improvementx, water and ditc~ rt~, ~en~. t~m~O, h~ ~d e~pur~anc~ ~o ~'ng or in
I. Pe~e of ~ ~t of Gr~tor her~ con~n~
TWO HUND~ ~TY ~O~ THOU~ F~ H~D DOL~ A~ NO CEOS ($264,500.00), ~e f,.d ~t of mmc¢d
~ ~t t~of ¢ n~ t~ pa~ to be final~ d~ ~ ~ June 22, 2003.
J. P~nt of ~ ~ ~r ams ~ ~y ~r be ~ ~ ad~n~ by the ~e~ ~r any p~ost; and any ~. ~ an~ o~ ~uments
of said n~e ~red ~; ~ pr~ged~ther. ~ It ~ ~e ~e~ ~t~n of ~e ~ ~ ~is De~ of ~t ~ it lbafl t~ ~ ~ing se~ ~ paM all
~ To pz~ tilt tt~ ~f~h ~d of~, G~t ~n~ a~ ag~:
1. T~ ~p ~ pr~p~ ~ g~ ~.a~n ~d re~; t~ ~ r~ ~r d~lah ~ bu~g ~; t~ c~m~ ~r r~ p~t~ a~ ln a g~ ~r~an~h~l~e
manner any ~t ~ ma)' ~ co~. ~g~ ~ de~ ~ton; ~ ~ w~ dae alt cla~ for ~r~o~ ~ ~d ~a~ ~rn~h~ tlt~o or
t~e~: ~ ~ ~1~ MI ~ ~ang tatd pro~r~ or r~ui~g ~ al~r~iot~ zr ~mv~en~ ~ ~ ~ th~n; ~ not ~it or ~ ~ therefor th~ean;
Io not ~t, luffer or ~lt ~ act u~n ~ pmg~ ~ violation of ~; to cu~ irrig~ fe~il~e. ~lg~. ~ ~d do aR a~ a~ which from ~ charu~
or u~ of ~aM pr~e~ may be re~anab~ n~s~, the s~c~ ~a6o~ he~ ~t ~cl~g ~ g~eraL
at Ben~c~ open and ~'on, be'app~ u~n ~y I~t~t ~ ~y ~ such o~ ~ ~neficla~ ~f~, be rH~ ~ G~n~r m w~ole or
parl. or ~y mmbin~ion t~f 8~h app~'~a~n o/ rel~e ~ not c~t or ~ any dtfa~t or ~tke of d~aMl h~ad~ ~ thvalMate ~ ~t don*
notre.
3. To ap~ ~ and ~ ~ acam or Pmc~g purport~g ~ ~t ~e ~ ~*af or th~ r~ or ~ of ~n~d~ or ~tt~ ~ ~ ~ all casa and
~tn~g. ~l~ing ~t of ~le oid~ct ~d any ~ao~M* ~tt~n~ ~ f~& ~ a~ lu~ ~ or ~e~ing ~g~' B~ficia~ or ~tee may ~p~r.
4, To pay ~ ~t ten days b~ort delinqu~ ali ~ ~d ~t~s affecgng sam p~per~; to p~ ~ d~ a~ ~cumbrances. chum ~d li~g, with inletS.
~gng xaM p~pe~ whl~ are or m~ a?pear ~ he pr~r or sugar I~eto; and to ~ aH ~s~, f~ ~ ~ ~this T~r In ~ltfon ~ th* pa~enO &~ in
a~o~ce wl~ ~e ~r~ of the ~ ~y s~u~d, ~a Or, tar th~. a~ ~ opgon ~d on ~ of Me ~ef~. ~y ~ch ~nth one-~th O/I
an~ t~. ~s~sm~ts. l~n~ premlams, ma~ o~ o~ charg~ upon ~e ~. ~thd~ in ~t for ~tor's ~e ~d ~neflt o~ for the paym~t
~ ~ ~ of any ~ lto~ when ffua G~n~r~failu~ to ~o p~ s~fl ~nst~te a defau~ ~e ~ ~t
5. To pay imm~i~ arid ~t ~ aH suar ~e~ ~ Be~ ~ ~tee ~nt ~ the p~o~ ~r~f ~ ~est~ d~ of ~ndt~re,
ra~ ~ual to the ~ r~e pa~e ~er t~e p~so~ ~ ~erl~ a~ or ~ ~ere~t (12~ p~ a~. whi~ ~ gr~t~.
6. ~ouM Grantor fall to m~ a~ ~nt or ~ ~ a~ act ~ ~ p~. ~ Ben ~ or T~ but *l~ obli~tion ~ to do ~ ~ut notre or d~nd
Up~ Gr~r ~ ~out ~le~lng Grogram ang' obltga~ h~f may: n~kt or do ~ $~ in ~ ma~er ~ to ~ ~t~t ~ t~ ~ de~ ne~a~ ta
. · · ' ~d~anyacgolorpr~ing~orting
to ~1 ~e i~d~ beef or ~e d~u or p~ of ~ci~ or T~tee; ~, p~e, ~n~t ~ comprot~st any ~bran ~. ~e ~ t~n wM~ In ~e j~nent
of d~ff ~t to be pr~r or n~or b~; aM ~ ~c~ing a~ such po~rz or ~ e~g ~ls ~ of ~t ~l for~lo~ or o~e, ~ ~e nec~sa~
~p~. co~ ~ re~onable
1. ~y ~ of ~ma8~ ~ ~anection lv~h ~y ~n~a~ion far ~blic ~e of or i~ to said p~p~ or ~' pan t~of a h~eby ~lgn~ ~d ihall be paM to
~en~w~ who m~ ~ply or ~le~e ~k ~n~ ~c~ by h~ ~ Me same ~ ~d ~tk the same ~ al a~ve ~M~ for da~i~n of proceeds of firs or
~ ~ ac~&g p~e~ ~a~ sm s~d 3~y a~ i~ ~ d~K ~ne~ do~ ~t ~ve fi~ ~ht ~ ~ requ~e ~ompt paym~ w~ due of all ~h~ sums
so ~e~ or ~ d~ d~ault for fa~e so ~ p~.
1 At any ~e orpom t~ ~ ~, ~ho~t Ilab~ ~or ~ w~bout noah, ~on wdtt~ r~u~t o[~fic~ a~ ~n~n off~ ~ md sam ~for
en~o~C and wf~o~ aff~'~ ~ p~sonal liabdt~ of ~y p~son for ~ym~t of the Ind~t~x le~red hff~. T~e ~y. ~on~ ~ ~ any ~n
co~eM to Ma ~'ng of any ~ or plm ~er~f'join In ~ting any em~ th~n; orjo~ ~ any ~ ~e~ ~ ~y agr~m~t ~r&'nating the lien or
4. Upon ~ r~umt of ~ia~ stating ~t aH su~ ~r~ h~by ha~ ~ paM, su~d~ of ~ na~ ~ore~c~ ~d ~ ~ to the T~tee for
ca~a~on and r~n, and u~n p~nt of l~ ~te~ ~ f~. ~ shall r~, w~o~ ~. the p~ tam hem h~d~. ~ reci~
~on~ance ~ h~ of any mafias orf~ shaa be ~ncluMve pr~fof~ ~&e~ Sheaf ~ ~ ~ s~h ~on~e m~ ~ ~crib~
pecan ~ p~so~ legM¢ ~t~d thermos
g. ~ ~nal s~H~, G~r k~eby ~ W and confe~ ~on B~a~ ~e right. ~ ~ ~ ~th~i~. d~g ~e ~e ~th ~ T~ to co~ect &e r~ts,
~suer ~ ~o~ of taM pro~ ~ th~ b~ome due and p~; R~tng ha~ ~to Gr~c prtor to any d~ by Gr~ ~ ~ym~t of a~ md~J ~eur~
he,by ~ ~ p~o~n~ of ~ ag~e~ her~ the rlg~ to col~t ~d retain m~ ~nts, ~5a~ and ~o~r. ~ any ~h d~mdg B~efi~ m~ at any time
~out n~i~ effh~ ~ ~n. ~' ag~t or cou~ ~ted re~. ~ wUflout ~g~d ~ ~e ~ of ~y r~H~ for t~ ~deb~H h~eby ~ed. ~er u~n
and ~ ~ion of sa~ ~ or ~ ~rt ~er~f in h~ ~ na~ ~ for ~ ~t~ co~ea such r~ts. i~u~ ~ p~flff~ ~cluding those ~t due and unp~,
aM ~p~ t~t sam, I~ ~so and ~p~ of o~raffon and ~i~. t~lud~g ~onab~ a~r~y'a fe~. a~n ~ IndeXers t~ k~by. a~
Ben~ m~ dett~i~. ~e ensuing oon and tak~g~t ~sion of s~ ~o~. the ~tle~'on of t~3 ~s, ~ a~ profia and ~ a~lication th~of ag aforex~,
sb ~H ~t c~e or ~i~ any d~auR he~u~ ~ ~volidate any a~ do~ ~ to ~ ~k delhi no~e.
6. O~n def~ by Gr~r ~ p~m~t of ~y ~d~t~ se~ he,by or in p~ of ~ ~ h~r, all ~ se~ h~eb)' saaH imz~diata~.
b~ome due ~yaMe M ~e opgon of t~ Bender. At ~e Oti~ ofBeneflc~, ~e B~cia~ m~ ~ t~ o blfga~ns o[ ~ ~ of Trm~ or ~e ~ations
of ~e ~t~ ~ h~by. ~r~h ~p aM ~ ~ au~ u~er t~e laws of ~ ~afe of ld~o.
I. T~ ~ not o~igat~ ~ nog~ nay p~ ~o of ~g so~ ~ ~y Ot~ Deed of T~t ~ of any ncO'on or proca~ing ~ ~hich Gr~toc Benefw~ or
8. ~is ~ of ~t ~plies fo, ~ to the b~eflt of and b~ds a~ parti~ I~. their heirs, devil, ~nal ~vf~, ~on and a~igns. ~e
Bonneville Land & Titlo,Co_.
~RY >'3 2003 ll:53RM HP LRSERJET 3200
~eneficit~ry ~kall rnea~ the ~r a~ ~ of the no~ zec~ here~: or ~ ~e ~ ~ ~ pl~Zed, t~ ~dgee ~
~o r~k~, ~e m~cul~e g~d~ ~c/udet ~ ~ns ~or .e~, a~ ~e tin~ n~ 1~ ~e
9. D~ ON SALE: Th~ ~an Is pe~on~ to Gr~or and is not ~gnabl~ In making ~, Bent~a~ has relied on Gr~tor's credO,
Grantor's interest in the tru~ prope~, and flna~ial market condltJo~ at the tiros this i~n Is made. If Grantor tra~fe~, or co.races
to ~nsfer, title to or pos~ssion o~ afl or ~ of the prope~, or any equitable intere~ therein, w~h
~me~ I~se for a te~ in ~cess of one year, lease wBh an option to purc~se, option to purch~ or simi~r agreement,
Beneficl~ may de~e ~ ~ms un~r ~y not~s), agreeme~(s) ~or' securiO In~m~(s) ass~ted herew~h Immediat~y due
~d pa~le, Nonaompfl~cewith the te~s and ~o~ns of eMs paragraph sh~ connie and be a ~fault of th~ obligation front
which there shall ~ no redemption or c~e ~d which d~ault shMl tntitl~ ~eneflai~ to effe~e any ~d ~! remedi~prov~ed In
arty ~te(s), mgreeme~s) on'or securi~ in~ment(s) ~ated herew~
STATE OF IDAHO
COUNTY OF. -.~~
On M~ 22, ~005 , before me. the underalgned, personator appeared
Da~iet ~ Fm~er ami Jon~t ~ l~au~er
known or identified to me to be the £er~tm(r) whose name(x) i~/are ..'~rcr~ed to
REQUEST FOR FULL I~CONFEYANCE
(-fo be used one' wl~en note h~ ~ pa~
~e u~i~ ~ ~e ~.1 owner ~ hold~ of aH ~bte&wsx
You ~e hereby r~ ~ d~ to conc~ aY evMe~ of ~eb~dn~
s~ h? ~ ~ af T~t and ~ r~n~. s~out w~'r~W, the e~tate
~ hem by ~ und~ ~e ~ ~E P~O~SSORY NO~ OR NO~.
~ E~S OF FUR~ A~OR ADD~ON~ ~V~CES
~SF BE f~ ~1 THIS ~QU~
Ple~ ~i~ g~nn~y~ce to
Note ~n~(s) the fol~ng:
236
State of
{ -I~c,~l~ ~ Wyoming
Bonneville Land & Title Co.
497 l~ Capit~lA*~ ' P.O. ~ $1690 * lda,~o I:a~. ID ~340J-100' ('108) $24-6600