Orange County NC Website
Prepared By: Geoffrey 8. Gledhill, Attorney at Law, P.O. Drawer <br />~ 1529, Hillsborough, NC 27278 <br />After recording retura to: Geoffrey S. Gledhill, P.O. Drawer 1529, <br />Hillsborough, NC 27278 <br />NORTH CAROLINA <br />ORANGE COUNTY <br />AMENDED DEED OF TRUST AND SECURITY AGREEMENT <br />19 <br />THIS AMENDED DEED OF TRUST AND SECURITY AGREEMENT ("the <br />Amended Deed of Trust" or "this Deed of Trust") is made as of <br />this day of 2000 by and among EmPOWERment, Inc., <br />a North Carolina non profit corporation whose address is 705A W. <br />Rosemary Street, Carrboro, North Carolina 27510 ("Borrower"), <br />Geoffrey E. Gledhill whose address is P.O. Drawer 1529, <br />Hillsborough, North Carolina 27278 ("Trustee"), and Orange <br />County, whose street address is 200 S. Cameron Street, <br />Hillsborough, North Carolina 27278 ("Lender"). <br />WHEREAS, Borrower, Trustee and Lender are parties to a Deed <br />of Trust and Security Agreement dated March 3, 2000 and recorded <br />at Book 2049, Page 551 of the Orange County Registry ("the Deed <br />of Trust"); and <br />WHEREAS, Borrower, Trustee and Lender have agreed to <br />amendments to some or all of the Loan Documents secured by the <br />Deed of Trust and to amendments to the Deed of Trust. <br />NOW, THEREFORE, in consideration of the Loan, and other <br />valuable consideration, the receipt of which is hereby <br />acknowledged, Borrower hereby grants and conveys to Trustee his <br />successors and assigns all buildings, improvements, the <br />equipment and all other real and personal property, of every <br />kind and nature now or hereafter attached to or used in <br />connection with the premises situated on real property located <br />in Orange County, North Carolina, said real property being more <br />particularly described in Exhibit "A", attached hereto and made <br />a part hereof by this reference, including by way of example and <br />not limitata.on, all plumbing, heating, lighting and air <br />conditioning fixtures, refrigerators, ranges, hot water heaters, <br />draperies and carpets (hereinafter collectively referred to as <br />"the Premises"). <br />TO HAVE AND TO HOLD the Premises with all privileges and <br />appurtenances thereunto belonging to Trustee, his successors and <br />assigns, upon the trusts, terms and conditions and for the <br />purposes hereinafter set out. Borrower covenants with Trustee <br />that Borrower is seized of and has the right to convey the <br />Premises, in fee simple; that the Premises are free and clear of <br />1 <br />