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2006 NS EDC - Consent for New Indebtedness for OE Enterprises, Inc.
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2006 NS EDC - Consent for New Indebtedness for OE Enterprises, Inc.
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Last modified
8/28/2012 3:48:34 PM
Creation date
8/26/2010 3:08:39 PM
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Template:
BOCC
Date
5/16/2006
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
9a
Document Relationships
Agenda - 05-16-2006-9a
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\Board of County Commissioners\BOCC Agendas\2000's\2006\Agenda - 05-16-2006
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<br />DRAFT <br />TI>is document was prepared by ............................................ <br />.................................................................................... <br />Please return after recording to :............................................ <br />..................................................................................... <br />State of North Carolina Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />1. DATE AND PARTIES. The date of this Deed of Trust is ...........IiaY...19...20.4b ................. and the <br />p~lrties and their addresses are as follows: <br />~3RANTOR: OE . Enterprises,.. inc ....................... ........ . ............................................... <br />3lLS..Elizabath. b=add. Rnad ............... .....................:.................................. <br />Hillsbn~ough.,. NC.27.278 .................. ........................................................ <br />....................................................... ........................................................ <br />....................................................... ........................................................ <br />^ Refer to the Addendum which is attached and incorporated herein for additional <br />Grantors. <br />TRUSTEE: First.Natianal.Investnr:.Szr~ricas...lnc.. ................................................... <br />................................................................................................................... <br />................................................................................................................... <br />LENDER: First.National.Bamk ................................................................................... <br />P..O....Bnx .1233 ........................................... . ................................................. <br />1(12.Mi11staue. Axiva ................................................................................... <br />Hillsbnrough...NG..2.7.27,8 .............................................................................. <br />................................................................................................................... <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is <br />a~:l:nowledged, and to secure the Secured Debt (hereafter defined), Grantor irrevocably grants, conveys and <br />sl;lls to Trustee, in trust for the benefit of the Lender, with power of sale, the following described property: <br />See Exhibit A attached herto and incorporated herein by reference. <br />The property is located in .....O~at~B~ ............................................. at ....................................... <br />(County) <br />L4>1.Elizabeth..Bxady..Rvad......, .klf.i-.~Sb.4x.4~8h ................. North Carolina ..27278.................... <br />(Address) (City) (ZIP Code) <br />'T'ogether with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, <br />timber, all diversion payments or third party payments made to crop producers, and all existing and future <br />improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of <br />dte real estate described above (all referred to as "Property"). The term Property also includes, but is not <br />limited to, any and all water wells, water, ditches, reservoirs, reservoir sites and dams located on the real <br />estate and all riparian and water rights associated with the Property, however established. <br />NONTH CAROLINA - A~RICULTUHAL/COMMEHCIAL DEED OF TRUST QIBT FOR FBM0. FHLMC, FNA OR YR USE, ANU NOT FOR CONSUMER PURPOSESI psge 1 0/ 7 <br />E ®1993 Bwrken 9yRemt, Iro.. SG Cloud, MN Form AO/CO•DT-NC 9/22/2007 <br />5 <br />
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