HomeMy WebLinkAboutRecreational Properties Inc Golf Course Lease Matter Memo
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MEMORANDUM MA.XORS OFF xcE
To: Mayor Robert D. Corrie and Councj.l
From: Wm. F. Gigray, III ./
Subject: RECREATIONAL PROPERTIES, IN ., GOLF COURSE LEASE MATTER
Date: September 14, 1999
Mayor Corrie and Council:
Please find attached, to this memo, a copy of a fax transmission I
received from Gerry Mattison, of the Idaho Independent Banlc, with the attached
final copy of the Leasehold Deed of Trust.
The differences, from the draft copy, includes an increase in the amount
that could be advanced against this lien of up to $1,800,000.00, and a reference to
two principal amount Credit Lines of up to $900,000.00. Please note also that the
Schedule C, ACCEPTANCE OF LESSOR, which they require the City to execute,
there is a provision that the City agrees to the Assignment of Lessee's interest to the
Banlc and that the Lessee is not in default under the Lease, see part 1. The Schedule
C also provides that the City agrees to subordinate any lien it may obtain, see part 4.
This means if the City got a judgment against the Lessee, for rent due, the judgment
lien would be subordinate to this proposed lien.
This is for your further consideration on this matter. I requested the
Banlc to send instructions as to what it is requiring the City to do at this point, and
the enclosed was in response to that conversation I had with Gerry Mattison.
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IDAHO INDEPENDENT HANS
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P. O. BOY 1178
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PHONY: (208) 288-0810 PAX: (208)288-0805
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TFIE TENDER. 7HC INTO It t.IATION li INTEND EIJ UNi. t" fOR TIIL' USC OF THf3 INDIVfUUAr. Olt CUTITY N.t ~1E0 ABUyk. (P YOU .1R8 NUT Ti+P.
INYENUIIU rtt:CtPtL'NT, YOII nlll? HHRL'(lY NOTIf lfl0 THAT .1NY D15CL03L'RL, COPYING. DISTR[PVTIUN OR T7{C TnKING OF nNY ACTION
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A(lgr Recordation Retum lo:
C1ERRy LANE RECREATION, INC.
AN IOAFlO CORPORATION
LEASEHOLD DEED OF TRUST
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1200 M.~ TAIANORET ' ' :":3• F:~~':`""~•':
NERIOIANa IDAHO 83642
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01E(dtt LANE RECREATION, ING.
AN IDAHO CORPORATION
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In conelderallon of the loon or otAw aedll accomrrrodallon hsrelnaher apadgad and any luture advances tlr luluro OCllgelbns, as deMad herein,
wldelr may heraalur bo arlvancad or 410Urfetl Irld Uta Dual herelnaltar menltoned end odt^r good end valuable corlaldaratlOn, Ur• raealpt enq
sullldancy tN whkh era hereby eaNnowletlged Oramor here Irreveubty bsrgelna, sotto, tran^lera, prattle, conveys snd saslgne to Trualee, Isla
suaceeaore and uelgrn, In trust, la _. I PANG ~tIDEPENOt7rr
lhs Censlklary under Nls Deeq of Truer, with power of caN mtl right of entry and poeseeelon dl of Gronlor'a Inlwsst In that cwlaln pays desc~hnpod
Schadula A phe 'Lease^), ouch I/aeehold eesre Oehtg loealad on the lend dwerlbsd In ScMdute R (Ihe 'Land? bgelhor w1Ut all present and future
lenemertle, Itaratlilemsnla, end eppurtananne; snd Ihe revwclone, ramalndars, tools snd prollle pertaining le Ihe reel property (oumusllvely
Pfoperryy; le have and la hold Uts Properly end Uls rlghs botchy granletl for 111a use and bene(II of T~uelee, his eueeeswrs end saelgna, until
peymenl In lull of ell 0b11geUorw aeeuntl hweby.
Moraovar, In lunhar oorrcldaraUon. Grertlor does, to Grenlor end Grentoro helm, rspreeantatlvee, eucoestare, and aeelgne, hereby exptesaly
wsrcsnl, oovenent, and agree with Lender end Trualea surd 1MIr auoceeaore end assigns as follow^:
1. OBLIGATIONS. TMe Oesd or Trual shall soeure Ilt. paym^nt and porformance of all prseonr ^nd future Indeblednees, IIablllUea, obllgallana and
covenanla of Borrower a Grenlor (eumulaUvery'OtNlgallona~ la Lentler Purwenl lo:
(ate thha~sod or Trwzand tie (ellyran~ prpmM7ory nolaa antl olMr eareemente-
VARIABLE ~ j500,000,00 I 09/09/99 I oZ/22/00 I ~ 051112&y
VARIABLE 1400,000.00 09/09/99 II 02/22/00 f1
05111289
lot an amer pneenl a (inure vrrlllen egreemegls Ihw~ L^ndar yvhjdj iolw epecllloally Io ~Ihle OeeC of r~ vs1 ~wrysUior eaeeulad lei Ihe gems o-
tlllloranl purposes titan Ihe loregofng);
(el eny guarenly of obllgaUon^ of oilier pantos glwn to Lengaf now or Itweeller executed wlrloh rotors to this Oeed ul Trust:
(d) luture trdvancea, wheNw obllgeltlry or Oplbnal, to Ihe same extent ea 11 made conlempnraneoualy wltlt ara ew^rxrdarl of Ihl9 peed of
trust, made or axlended to a on beherl o! Grenla or Borrower. Grantor agraea Ihel If one of Ihe ObIlgaUone la a ILte of uedil, Ihe Ilan of this
Oeatl of Trual shod oontMtua unl/ payment In lull of eH debt due under Ihe Ilea nolwilhatendlnp Ihe tact Thal ffom time to dme (but bolero
tsrminallon OI lM IIAS) no belenea may ba autcWfdingg AI no tittle eheU the Uen at this Dead of Trucl not Including aritounta adveneed la
prelsol Uu ueurlly of lhie Geed of TruaL exceed 9hB0O 000..00_
(e(UI emendrnenle, ealerulons, rensw^I^, modlUoatlons, r^plaremens or eubalilullo a to eny al IM rwegeing,
Aa used In Ihla Pmagreph 1, Ihe farms Grantor and Borco^ror shall Include and also mean eny t3rrartlor or Borrower II rtWre Than one.
Z. REPRESENTATIONS, WARRANTIES AND COVENANTS, Grentar repraeens, warrens and covenons to Lender thac
(e) Grantor eheU malnl^In Ule properly free of ell Ilona, searrlry Intereale, erlWmbrencee artd delms except for this Oead of Trust and those
deeerlbed In SeMdufs C whlcA le allaehad to U11a Deed of Ttual end Ineorpersled herein by relarenaa, wMelt Grantor agrees to pay end
perform In a timely manner;
N) Grantor la In compliance In as respeola with ell eppaoeDle ledsral, oleic and local taws and rsgulallone, hlduding, without IimlleUon, Ihoae
totaling to 'liazerdous Matedele; ae dellned Itereln, end oilier Mvlranntsnlal rnatsre (the 'Envlronmenlel Leweh. end neither Ihe federal
government nor the elate whore lha Proporly le locoed nor eny edict governmental or quest governrnenlal anUly has INed s Ibn orl Ihe
Property, na ara then any governmental, Judlolel or admlrtl^traGw actions with rvspaot W envlrortrtsnsl rnaltero pending, or to IM hoof vl Ihe
Granlw'a knowledge, Ureelarted, which Involve Ihe Propwly. NelUtw Gfanlor nor, to Ihe Deal of Grantor's knowledge, any other petty hoe
used, gensrotad, released, dischugtrd, stored, a dl Deed of eny Hatardoue Melerlale ae deMad herein, In connecllon vdlh Ihe Properly er
transporsd eny Hexsrdoue MesrlW to or from the Proporly, Grenlor eheU not attmmll or permit eucA aollone to be Taken In Ilia luWre. The
term "Hazerdoue Malerlela' shed mean erry wbssnee, malartel, or waste which la or Deeomea regulnsd by arty governmental eulhorlly
Inervding, Cut not limited lo: (I) paUOhum; pll Irlebla or nonMable esbealaa; (INI olyohlallteled hlplterryl/: Qv) those subsranees, maledes or
weelsa dealgnasd as a Tazerttoua aulslartea' pursuant le SMlon 3t I of Its CPean Welar Aet' or Ilslad pursuant to Section 307 of Ihe peen
Weler Aa a any amenttmanu er replaoamente to these eslulea; h') Ihoes aubetenCao, materials ar waslae donned as • ~ezsrdou^ wanly'
purwant l0 9ettlon tOW of Ihe Reaeurra CamatveUon and Recovwy Act or any emendmenta or repplaeemens to thel asWle; and (vl) these
aubetanoes, melertsle or wealea dellned ee a Tarnrtlou^ aubesnce' purwanl to SeotWn tot of lha Comprehenelvo Envlronmenlel Rssptmea,
Compencellon and UaDltlly Aq, w any amehtlmerrl^ or repleoemenl^ to that ataWle ar any other slmller stale of led^rel elsluts, rut., reguiadon
or ordlnanoe now or Maalter In elleet Grants shell nal Isese or FFarcnll IM suWnw of tM Proporly to a tortoni ar wbtenanl whoaa
operallone may result In consmNelrort of Ute Property whh Haardoua Malerlela ar toxic subslanus;
(e) AU epplkabla laws and ragulallena Inelutling, wlllroul Ilmllalton, flu Amerlcan^ with DlseblllUes Act. ~2 U.S.C. 12101 ^I esq. (and all
regulallona promulgated Uleraundsr) and eN zonbp and building lows and regulaUonc rotating to the Property by vfrlue of any ledsral, stale or
munldpal auUtorlly with JunedloUon over Ihe Property, prountly ere end shall be observed and comptlad with to aU tnalerlal respego, and all
rlghro. Neanaae, omits, and cerlllloesa of oaupanoy Qnduding but not limited Io zoning verlartcee, Spedal s^cepllans (or nanoonforming
uses, and Onel Pnapeetlon approvals), whether larttporary or permansnL wnlah are rneladels m Ihe use and occupancy m Ihe properly
presently ors end eheU tie obWned, preserved and, vdrNa necessary, renewal;
da415]n Ar r^ueAllnn rrdx,NngMS. ha. t1 r!fi/rN~ tmn ^.rl~:l tee
(a) Gf:ntar has rho right end Ic duly eumod2ea to ettecula and pertorm he gbugatlonc under lhfs Dead of Trust tree tease aalons do not end
shell not sonmu wlm the prwlsbna of any stetum, regulation, trdlnanca, rule of kw, wnVSCt or meet agreemem whleh may be Wnaing an
Grantor al any Umo:
lei No avian or proeoeding u or tfhall ba pending or threatened which might matarlalty aliael 1hs Property;
(q Gnmu Is tM owner at the tenent'a IMerest under me Lhasa and theta ere no deleulte tneraunder. praetor has good right end lawlul
iuthaflty to grant end cOMey Ile Inbroal IA the Leap and Me gfanling of Ihle Oasd of Trust la nm In violalwn of any pravialOn of me L9ase;
(g) firanlor wttl everdee all renewds of me Leese tiniest Lender epprovea of the non~renewal and wNl tarnish prool of payment of any Lassa
obligstionc of Grantor upon request of under; end
(h) Gfalllaf bee not vlolaled end shell nOt WOlata arty atatule, regulation, ordlnanca, rule o1 law. con1f9e1 or olhef sgreamenl (induding, but not
limited lo, thaee gwerning hleiordous heaterlela) whkh might maurlelly ellsot the Properly ar Londer'a rlghW ar Intaresl In tea Property
pursuant to Celt Oeed or Tract
3. INOUIRIE$ ANO NOTIFICATION TO THIRD PARTIES Grantor hereby authonies Lender to tantaot any third petty and melee any Inquiry
penalMng to Grantor's linandd eonahion ar the Property. In adgnlon, Lender le wUtonzed to provide oral or wrknn notke of lu Imarad b Ne
Property to any mird party.
4. TRANSFERS OF THE PAOPEATY OR BENEFICIAL INT@RE5T5 IN GAANTORS OR BORROWEAS. In the avant of a sale, carneyantro, lease,
connect for deed or Irenefer to any person of ell ar any pan of tea Properly, enY el Grantor's Infereet or rights under the Le9ae, or arty Interee[ therein,
or of all or any benaiklal Interest In Borrower or Grantor tit Bonower ar Grantor la not a naturd Parton or ppersona but Ic a corporation, pertnennrp,
Cruet, ar omer legal anttryi, Candor may, al Ira oplbn, dedara the outasnding prlnalpel palenu of the ObtlgaUOne plus at:uuad interest maroon
Immediately duo and payable. Al Candor's request. Gronlor or Gorrewer, u tM ease may W, snail fumuh a camptela atetement sorting lonh all ar Hs
atoeknolden, members ar parmers, as apruoprtals, end ttte svlent a1 melt respaalve ownerMlp In/eresro.
5. SUBLEASES AND OTHER AGAEEAAENTB. Gfentaf obeli not take or fall b tales any action whlett may cause or permit the tarminetlan er tea
wlfhhelding of any payment In eonnaNon with any eubleeee Or otMr agreement CAgreemem") pertaining la Ina Property. In addition, Grantor,
without Lenders ~na wrltwn tmnsent. Mao noL• (a) mlleu any monla+ payable under arty Agreement more than and month N advance; lb) modus
any Agreement: (e) eselOn or allow a Ilan, aaeurlly Inlereal or amef OfiCUmtxanCa to be plead upon Grantor'8 fights, title end interoet In and b any
Agreement or tea amounts payable IlNrounder, or (d) terminate or cancol arty Agreement •voepl for the ntulpeymsnt of any cum or arbor (naierlal
breech by me oNar party uwrew. tl Grantor recNvas W any time any written eommuNcetbn asserting • dsfeuh by Grenfar under an Agroerttant or
purponing to terminate or cancel any Agreement Ctrenlar shell promptly lorvrerd a mpy of ouch communlcallan (end any wbcequent
communlcatlona relating Iharaw) Lo lender. NI ouch Agreements and Ute amounts dua to Granlar tnsraunder ero heraoy aeergned to Lander ee
ndtllUonal ;eeurtry forma Obsgallona.
& COLLEC71ON OF INpEOTEDNE55 FROM THIRO PARTY. Lander shall Ca endlled to testily or require Grantor w notify any mird pony (IrtGuding,
but not limited ta, lessees, 6eenwee, gawrnmenlil utmonuea end insurancr oompanuel to ey Lander any Irtmbudnaea or obllgaUon owMg w
Grantor with fespect to Ina Property (wmulaUvely 'utdabrodnsa') wlwlhar or eat a default evPcu under Isla Deed of Trucl Grantor shed dltlgenay
collect IM Indabtadnaaa awing to Gronwr from Iheee IMrd parties until iM gIWn0 of wch noUfludan. H the avant met Grenfar posaeecac or racsWOs
poaaeeeMn of any inatrumanta w oMH romiltttnus wNh rocpad to Iha Mdebtadnssc bllowing ma gMng of tureft rtothleatlon or II Ute Inwumems or
other rerT(tltancae eanelltute the prepayment of ony htdebfednese ar the payment o1 any Insurenu or mrdemnellOn proceeds. Grantor ehW hold
such Inauumenls end other nmluaneea In Ifuet for under apart tram its other prapeny, sndorae me Invuumants and otMr arNuenwe to Lender,
end Immediately pfavlde under wire posacdon o1 the Instruments and otnar nmlUanus. IJrder altell be enihled, Cut not requtred, w cotlect (Dy
legal proceedings of otnonvlsa), eatand the Ums for payment corttpromlea, ettehanga or rereasa any aWlgor or rrotlatarel, or omwwlee eelda any of
the Indabudness whereat or not an Evont of pefeu II aaiite under tole Dasd of Trust. antler snail nor ba lisbla to Granwr for any satbn, error,
mlatake, omlaalon or d61ey penarling to the ec0ons desohbad In Chu paragraph of any demagsa rowlling lhsfefrom. NotwHhatartding ma imegoing.
nothing Mreln MeU caner lantlar w to deemed a martgagaaan-pouaa4on.
7. USE AND MAINTENANCE OF PAOPlRlY. Grantor Mall take d1 aotlona and make any ropalrc ne.ded w mdnl9ln me Property let good
cartdHlon. Grantor MW not oommn yr permit arty wnh a be rommmed with napes w me Property. Grsnbr ehaU use the Propsny aalaty in
compllerfoe with applleeble kw and wsulanee pgldea. Gronwr shall not make shy 9lnrallata, ruiditlona or ImprowmaMe ro me Propany wldtout
Lender's prbr written mnesnt llwutouf Omlting ma (aragoing, ul snarabns, addlUOns and Improvamente made to the Properly mall (te wbfect to
the pane stet Inlenst belangUg to under, snaU not be nmowd without urtaerY peer written convent end MWI be made at Grenta'a solo eapancs.
B. COSB OR DAMAGE. Granwr Mell pear the eerie risk or any load. Ihefl. daswenon er damage (oumuutlwty'Low a Oamage') M me property or
any panbn Ihereor from enY cause wnersoever. Mme awns of any Loee or Damage, Grantor shall, at tM opden of under, ropaU tea athctad
Property to Ile prevlow cortdiVOn or pay of eauw fo be Reid to undo the daaraeaa In tea far msrkat valve of the atfeotsd Property.
9. INSURANCE. Tha Property wltl ba kept mwred trrr Its IuU Inwrable value (roplaoemerd cool spelnef ell Mt'srtas InduWng Mss a damage tauaed
by toed, eaMquake, tornado and Ure, tMh or other wsuelry to tea aatsne requlrea dy undo. Grantor may obuln Inwranca on the Property tram
ouch oompenlee a an acospteDle fo Lander In iie sole drarreUon. The inwronoa polidaa chNl requke me Inaurenoa tympanyy w provide undo .dlh
et least an -days' writer notice parore web prNlciee ere altered or eanoslled In any mennrr. TM lnwronea polWee Mee name under
ae a loss payee and proNde mat no su or omusion et Grenfa ar any other paean shoo a0eet ms tiger of Lender to be paid the IMUrenn proeeede
partelning a the bas or damage of VCs Property. In tM event Grantor lane to acquke w maintain Inwnnce, Lender loner provl4ing ngtlca ae may be
regaled by law) may b Hs dieeralbn procure approprleu Irtwranoe coverage upon the Property end the Inaufenee eon/chap De an edvarla payable
end bearing Inroreel es destxlbad in Paragraph 22 end aeCUreO Hereby. Grantor Matl lurnlah Lender wile evldena of Mwrwtca Inditeang the
required covaregr. unaar may act u aVOrney-kf-fact for Grants In mektng end settling Galrrw undef inwranoe potldea, cencaUing any polity or
endorsing Grantor's name on any dnit or negotlaWe Inarumem drawn by any leveret. AM such ineurenoe polds9 eftall Ce Immadlatety sesigned,
pledged and tlelhrered to unaar ae frnher tatnuiN for the Qblgetlone. m tru event of lose. Gnnwr Mal Immediately give Landes webers notloa and
Lander le euthorfzed to make proof W loss. Edon Insurance aomparty Is dlraaed b mrdte Reymann dtrecuy to Lender Inatsad a1 Ia Lander and
Grantor. Lander ehsll have Iha Wool, at Ira cola option, to applyy such manias lewerd fns AhYgatwns er toward the cast of rebullding and roataMg the
Properly. Any amounts may at tinder's option W applied In the Irnerae order of ma dua daps thereat.
10. ZONING AND PRIVATE COVENANTS. Grantor anee not kulleto or eanaenl To any charge N Vte xonMg provlalona a private cwanaras elraclMg
Iha ties of ma Properly wlmout LerWer'c prtor written oonaanl. lr Grenror'e uaa of rtes Property Wwmae a nar,canlorming uu under any :orting
rtwlalon, Grantor mall not eauw or partnit ouch uaa d be dixonUnued of abandons4 wimout Ina prior writers ooneeni of Lander. Grantor wUl
Pmmetllalely preside unaar wim wrltun noUea of any praposad enangea to Ins soning provlabna o< private oovenanta ellectktg tn^ Propany.
11. GONDEMNATIOH. Grertror grail Imrtudtatsly provide Lenaar wlm written omits of any acual or mfeatsned eondamhatlon or aminem domain
proeeetling partatning M me P(Operty. All monlea payable to Gnnw( Irom euelt CdndamnWbn or Taking aro hereby assigned f0 Lender antl shall bb
eppUea ltrst to tlta payfnem of under'a atwmeys' tees, legal erpensos and trtnsr coats preluding appraisal leee- In itonnadbn wrth the
caf(demnetbn or eminent tldrttaln proceedings and 1Mn, M the opgon of Lander, to Ifte peyntem of ltu Obllgegons w the raalvrodon a< cepak of the
property.
12. LENDER"S RIGHT TO COMMENCE OR OFFEND LEGALACTIONS. Grantor shat ImmedlatMy provWa Lander with wrlMn notloe of any actual
ar mnatefled action, cult ar dttNr prousding etfectMg ihr Property. Grantor hereby appdnu under as Ire auomay-In-tact to commence, lmeneno
In, ono dolend audf actions, nrlte, or eater logai preeesdktgs and to compromiss a ss0u any uaun or rwrttrovarsy ppeartaining thereto. Lsrtder 6ha11
not bs liable to Grantor rot any scion, error, muteke, omrsaion or delay pnfalning w the actbrm deseAbed in Ihla paragraph ar arty dsmagrs
roaulting IHsrelrom. Noming COnIa1Md herein wilt prevem under Irom uking Ufa actions daaaltud !n Chia paragraph M Ira own Mma-
19. INOEAINIFIC11T1ON. anger ahs11 nm nswme of ba roepanubte la Iha partormena of any of GranwYa obllgeUtxta wttn reaperx to ate Property
under any cirurmcunua. Gnmbr shatl Immedlelely prarbe Lena^r wim written nonce o+ and Indemnity end ttwa lender end Ira shsrehWaerc,
dlrocton, elfleera, empMyasa end agents hermlasa Irom all Balms, damages, IlaDlllllrs prlckrding atwrneye' fsae end Irgel eapansea-, causes of
aNor, aetlona, vela and otMr legal proceedings (oumuiadvaly "Gelms'1 portelMrtg to tM Property (Induding. Cut not Iknlted fo, those kwobing
fietarotw^ Malerlelal. Grentor, upon the request at tender, shall Mrs lager caunael w dorend Lender from augt Claims, end Pey Ina erlemeys' tsoa,
legal eapanees end other caste Inverted in conneetbn Vtorawltlt. In V1e altsrnetlw, Lander ahetl bs entitled to employ Its own egal counsel to delend
audt Ctefma at Grantor's coat. Grantor's apllgatlon b Indemnity Lander under Chia persgroph 6he11 eurvlve the termineVOn, rolssae dr torsddeure al
Chia Dead of Trust.
14. TAXES AND ASS£BSMENTS. Grenror anaA pay m roaec and aawsimente relating ro the PtoPe11Y when due and Immedintaty provide under
evldanW of payment of same. Upon mo request of under, Gfarrlor chatl deposit with unaar seat monN una•twellth (1/12) of the eetlmetad annual
Insurance premium, laves and accaccmenie pertNnln0 io th0 Property. So long ae titers la rto default, tfwaa amounts shall be peed to 1M payment
01 tsxae, eeaeunema end Inwrortcs es requited Oh fns Property. In me event of deieuft Lends shall nova tea tiger et Its tole optbn, to apply the
luntle N held to pay any tuea ar agllJnet rhs Obpgetlone. Ary tunas apptlad may, a< Lender's option, be applied In rowrae order a( the due dale
Nsnof.
1e. INSPECTION OP PROPERTY, BOOKS, RECORDS AND REPORTS. Grantor Mall snow Lander ar Its agents to eramlm std teepee Ina
Property end eaamins, incpaq and make eoplee of Grerttar'6 Cooks end rocords peRelning w Na Pr~party Irom Ume ro time. Grenfar MsY provide
any eealaurtw required by under for thou purpeeas. NI of the slgnaturec and IMarmatlon contained In Cuanlor'a Rooks and recard6 MaU bb
ganulM, true, acwrele and compfau In all reapecta. Gfenwr shall note Uta ealstenoa of Lender's beMlldar Inleresl In Ire 6oeka end records
pertekting to the Property. Atldlllonelty, Cvantor mall report In a loan sallefeetory to Lender, wM lMormatlon as under may rogwat repeming
Granter's Onendsl wndldon or Vta Properly. Tha Irdormedon ahaN bo for auto perleda, shau refloat Cuenror'e recoroe at suoh tlms, end shall ba
renderod wIN suer frequency v Lender may deslgnnta. All Intorma0on IumLMed by Granror to under aneH bs true, aocurds end compute In all
faepeon, and elgned by Orentor If Lender requests.
10. ESTOPPEL CERTIflCATFS. VNIhM tan (10~ days alter any nquacl by Lander, Grantor shell deliver to Lender, or any Inlendad tranderea of
lender's rights with reaped to Ina OCllgatmtts, a c goad en0 acknowledged etalement spedlying (al the outehnding potence on rite OWIga0ons; and
(b) whether Grantor posaeasaa erY calms, aeleneas, serails ar edttnterdelms wim respell to the Ob1lgeUona end, II eo, the neturo of web dolma,
dalensas, se4otte ar counurdelmc Grantor w11i be oonuuewely Rating by ony represennUon mat Lander may make to the Intended vmeterea wuh
respect to then maders In lee event that Gfenwr tells to provide Ne requacied smtemsm In a timely manner.
uasTUaauFw.,.u~,r.n.,etoe~..,ttcuvarew (rMal977aron ~.s.zas~
~Li iV ii 11111 i~ -v r r J :ILiliJ 1.Y:~ ,L.. _'v U. d_. 0._ , Vvz
17. EVENTS OF DEFAULT. An Event of Delaull shall occur undor tllla Oeatl el Trust and Ilia Trualee's power shall become operauva M Uts avant
Iltal Drmlm, 9wrotvw a Ilny guerenwr of any Obhgollon:
a lolls to pay any Obllgallon to Lender wlten due;
feNa to perbrm any OpNgatlon or breeahsp any warrenly or covenant to Landon conlalned In thla Oeed of Truel w any oUlar prsNnl a
Iulure agrvemsnl;
1 dasuoys, loaeo w damegn Ute Woporyy In any malerlal reaped or wbleotc rho Properly to seizure, wnflswtlon or wndamnaUon;
e~ a el ~ f»romes legally lairmrtrpetanlvio dlaoollMealp~leimjnsleA, bocomac Inaolwnlo, makes an a.dgnmenl (ar Uta paneat of credl(ors, farts
Gra Io~Bonaaar oir a e~~ ~~' tiles a pollUan under the lod•tal bankruptcy laws, has en Involunlpry petition M bankruplry land In whlrn
nY 8r+erpnror la named. or nee properly taken under any wrll w proaees of c9url;
allows en
ellOwe go~riMs „Ybo,~ fad, ^a ~DOI~ or BOr~owor to tlesau t~arluMlerleke any ObllgsUopn w Ihoul Ilro wrl~len cacn~lonlllce undor. or
h uuaaa landar to deem heel) Ineecun dw b a elgnllbanl deplne In the value of Ute Pfopprly; or Lentler, In goad tahh, for any roeaon
bellavoa Iha! Iha proapeol of pnyment or psrlormpnoe la tmpahed.
beaxsrcGleoTo ~ or more opUts folyowanA~e narHp w111touUP pUU or decor end (excepEas~ equkarflpby /aw)~r Ihls Oeed of Trust, Lender shell ba enUlfed
foJ to deobn Iho Ob1lgpWns immetllalely due end payouts fn fuN, suet aaaeleralkn shall be eulomnlio end lmmaglab II Uta Evam of
Uefsull le a Npng under Ihs BenkNplcy Cotls;
~b) la eollad Iho oulelanding ODlfgallons whit dr without roearUng to Judldel proeeec;
o) to requlra Grantor to depver and msko pvpaable to Lander orry personal property dr Ctrallels eonsUluUltg the Properly al a plats
reaponeply cornenlenl to Qrenlor and Lender,
(d) to amen upon and lake pdsuaslan of the Properly wflhour applying for or oblalning flte appolnlmenl of o reoeiver and, 91 Lender's
Dolton, to appoMl a reoelver wflhoul pond, wllltoul fksl bringing coil on Iha Obllgpllons end wflhoul olhelwleo meeting any slslutory
tmntllflorrs reguding reoelwre, II Delltg Intended Ihai Lender shah have Ihle canlrectual rlghl to appalrrt a reoelvar;
el la employ a manpging agent of Ute Woperly and let the same, suns In 7ruslee's own name, In Ilte name al Lender or ht Iho name of
enlor, and rocslve rlto rerrla, Incomae. Iseuae end protlle of tltp Property end apply Iho came, altar peymenl of ell necessary ahargee end
l~~npay anY oume~noenY lwmlerrmannor doomed sxpedlent py I•endsr Io prolxt Iha eecudly of this Daed of Trust or to turn any daloull
o111ar Inan payment oI Inlerasl ar prlnelpaf nIl the Obllgallone;
Ig 10 loradoco Ihlp Deed of Trwl Judldplty or ndrqudlGally,
Ih~ to sal-ell Grartlor's Obligatfono agWnal any amounts owed Gronlor by Lender Indudktg, put not Ilmlled lo, mantas, Inslrumenl4 and
depoell eCOaunU malnlalned wllh Landon w any artenlly ealaang ar Iulure elNllsle of Lander, and
p) to sxorrNae all orhsr rlghti avtNlabfe to !.antler under arty dlher wrlllen agreemem w appanbfe law.
Lendsl'a rlgMa an eumulsWs end may De eaordsatl Iogarhar eeparalNy, endln any order. N Iha event oral Lander IMlllubs an salon soak
recovery of pny of Iha Properly byway o/ o pre udgmonl remedy M en action egalnef Grantor, Grantor wpwea ute poeling of orry band whldt mlgnl
olherwM be reyulrw. Lender or lartder's dee~ nee me ktg the
perool, w M ouch pafople, manner w aMsr ae Lander nl Its ole dlpcre lonpmpy aleelt end onaaar more a~orgaea of I~~awor h eln prenledlehfall not
eslingulsh w eahsual the power unless the mins Prapuly b sold dr Ute OWlgtllons are paid In IuU.
t0. LEA6ENOLD pROYISION&
let Grantor agrees thnl Grenror will Ilmely psrrorm as obflgallane of Grantor under tlIe Laaee and Iha! II will not lake or ontlt to lahe pny
aclkn whfGt will calraa a daloull Ihereundar or that wllh nonce or alley 11ra passage of Ilene. or both, would bs a daloull Ihenuntlor. Grenlar
tlgraaa Ihet II will promplty nollly Lender In wdunB of any daloull by Gnnto/under Ute Leese end that II wiN
noun (olhef Iharl on n regulo perlodlc pouts for monUlly renlpaymenlo) nom the Landlord under the Leasr InGpuGing any nuUca noting or
cldming any tlefwu by the Qrenlw undor Inn Lease.
(bl Lander shall have the rlghl Io curl any delnulr under Iho Loaso w11Nn the time perntlnad In Iha lease end as sumo edvonead therohy
allowwed bYllawlflonl ho dab oaYnbb wUh Inreresl Ihenon al Iha lower of the hlghasl ral^ desdlnetl In any ObUg~llon or UIO hfyheN rata
Oblrgalions.
( PaYrnent until the Bala nl yaknourssmM! and shall, logeatar wlln ulon Inlernl, bsoorro a part o/ the
(c) In case of en Event of Dslaulf under Puegraplt 17, In addldort to any other rlplrla end rsrnedloa trvathUle, Lender may make fuN or pI~srllal
payments of rent duo under Ilya Caasa, perfdnt any other obllgallenB dl Granrw under Ilia Leas. end purchase, tlleehefB^~ CDrllpfdlnles. O<
eanla Ute Leese. NI mantes poll fa any of Iha purpoeos hateln euthodzed erW as axpensea paid or krarrred M conn^ctbn IMrewllh,
b Gcomlaglmmetll INy due an ~ayapb w~Ihoul nnar~ a~ wlllllnlensl thalreonsolnan ar starts OvlrtduaU serer beaconNdend psya waiver of
pny rlgltl acanring to II on aCOOWII of any dereull On Ure part of Granlw.
(dl My default on Ure part a} Grantor under Ilro Leese stroll coneWme a dolaull corder Urta Deed of Trust end Iha Obllgaaons paeured harehy
and shell enlfae Iha tendon to gxerolse any and ell dghfe artd rsmetlks gluon hereunder.
(pl Oranlor WIN not amend w modl(y Iha Lease wlUtoul the print wdlbn Cdnpanl al Lander.
20, MERGER OF FEE IN LE45ENOL0 ESTATE, kl Ili. went oral prenfor eaqulres Ute lee rltla or pny outer estate, Iltta w Irrbresl In Ins prernleae
eorered by Iha Loaee, INa Oeed of Auel aholl pllaM to and COvar and by o Ibn upon Iho be IINs ar war other salons eo aoqutrsd end won lee Ilib or
enter estala shall. wflhoul furlnsr aselgmnanl, grantor eonwyanm ppooma onq pe suhJear Io Iho flan ur encumbered by thle Deed of Trust.
21. SECURITY INTEneST UNDER THE UNIFORM COMMERCIAL CODE. Thla Doed of Trrrel shell bo conelderetl a (Mondry slalomenl and a
Ilxlure Uling prrrcuanl to Iha provlsbne of Ins Unllorm CornmerGpl Oode (ae paneled by Ilse stela wltoro Ihp Property Ia Ionled~covwMg Ilxluroe,
chattels, and orudea of parsatal properly now owltetl w neroaflef etlodled m ar la be used In oonnecllon with Ina Pro art t
replanmsnls Iheraaf pnd eddlUona Ihoreld (Ina 'Clullels7, end Qrpnror hsnb _
Grantor dasalban above, inn seamed parry Is hte lender described gpave. Ijpon dam d Cuanlor eltalllmake! exeartls and u~ejye~ dy~tBe~r iy
egnsmenla (as Scab farm Is dellned M salq Unllarnl COrtNtrorgal CvdeJ as Lender al any Ilene copy doom nseeaae w
Lander a e6rlKletl sseudly Mlerosl In Iha Clroltels, end upon Granlw s laxure la do eo, Lender Is aulhonzed m I
agent of (cantor. Grantor hereby eulhddzes Lander to lib pnandng slslentanla (ae such term le defined In ,add WUormpw or raqune to gran) to
nospp~ot Id Ina Gtollela et any limo, wlUtoul the algnalwe of Gfenldr. Grenlw will, howavw, at any Ilene upon rsquoo of Lontlarl, algnrs~uaft (lnonclny
slatamenW, Grenror wlp psy as Illing lees for Iha INing of even 1lnaneing stelamenls and for Ina rellling Thereof al the Ilmee req~1 eq,en Ih CodnJ wlln
Lender, by seltl Unllorm Commerdaf Codp. fl Ilya pen of Ihfa Oeed of Trust la cubJect to any eeourlly agrssmnnl oovering ms Challole, titan In the
evgll of any dplault under this Oeetl of Tm^1, all Ina rlghl, Iltls wtd Inbrut of Cxgnlor In onq to any and ell al Iha Cn1Ul91e Is hen opltllen of
Lander, legethar wllh the btxrelll of any deposlls ar payments now or Itefaeflsr made Utareol by Grantor or the
Gramw M coo Properly. by asslgnsd to
z2 REIMBURSEMENT OF AMOUNTS EkPENOED BY LENDER. Candor, sl Lender'a Doplton, cony expend untls pnelutling allornaya?Iesollantl
Ipgal oxpenseel Io perlartn any act requiretl la bs token by Grantor w to exerGss any right or remedy of Cooper undor Uaa OeW of Trual Updn
tlarnruttl, Granlw stroll fmntodlalety rolmbrwae Lander for all suGl amounts expMded 6y Lender together wllh Inbrotd Utereon al Iha lower o! the
highest rate described In any ObugaUen w Ina hlgheal rate allowed pY Isw from Iho pots of peyrtrenl until rho dale of rNmbureemonl. Tlteae some
snail W Inchrdad In Iha dopnlUon of OhNgatlena harsh and Wrap be secured by rho benellcrol MlBrsal GQranted hsreln. II Ina Obllgallane on paid alter
Uta beglnning of puollcallo0 0! noun of sale, as haraln povldetl, w In top avant Lands! plull, sI qe sdi epllon, pprmlt Grants Io a en
OWIgaUerte alter Iha Deglnrang of pubtleslion of rrorloe of solo, es nereln provldad, Nan, Granlw shell pay wt Remand eN expsnsas Inarrred
Trueroe end Lender kt connoellon wllll veld publloallon, MdudMg roesonable ertotrtaye' lase In Ilte etlorneys for Iha Trustee and for tiro larder, and a
reaaonebls lee to Ilya bootee, pnd Iles Deed of Trual shill Da soeudl la eH by Ina
23. APPLICATION OF PAYMFr.NTB, NI e Y synch sxpaneaa end Ives.
pllarneye' fees and legal p:Penspsl In ednnealonl wm~hsbaxarGea dl Ile rlghla orlromadha d ~Ibed Belllls Deed of Trual and Ih.n to Ihp peymenl
of lee remelning Obllgollona In whelover order Lander dlooees. P DY Lander (Including
21. POWER OF ATTORNEY. Grantor hereby appolnla Lender ss Ile eltorneydn•facl Io endwsa Grantor's hams an all Instrwnenu and other
doeunronle pertalrring to Iho ObIlgeUOna w Geed o1 Trust h atltllUon, Lender shoN f>o snUlMd, Dul not required, Ip
tiny dooumanl requlrod to pe taken w e:eeulsd by Qrpnror under tide Oeed of Trust La1WsrY performenn of such eclbn or exacuaon of such
doeumente shall eel rslleve Grenlor Tram any Obllgsllon or cure any daloull under U1LS Oeed of Trust. Ail powers of attorney deed bed la Ihk Owed of
True! ero ooupled wlllt en Interest onq ere irrevocable.
2S. SUBROGATION OF l.ENOER. Lender eltell be subrdgalptl l0 Ilte rlghle of rho Itdldor al any previous Nan apcurlly Inleresl ar ena,mbrance
dledrorged wllh tunas edvsneed by Lendm ngprdleca of wMlher Iheaa Ilene, apwrlty In lerecb dr other aneumbrencee hove been lalaased of roeard.
2a. COLLECTION COSTS. To the extent permuted by Isw, Grantor agrees to pa ~ondor'c reacanable fees and costs, Inclutling, bur not Irmllsd la,
an employse1eojlLender, wh ch are ktcgurtetl h~Lerwar jn ooll^olingaa yparnasun sus a Leniu/gnyu~y hgl I mlhe e r not scat attorney or agent Is
whether M not still Is proughl, Inellyding, put not Ilmlled lo, aN lass end coats Ineunetl on appeal, In benkrupley, and Iw poal•Judpmenl eolleetlon
actions. pdY under Inls Dead of Trwl,
27. PARTIAL RELEASE Lander may release ITS Inlarecl in o porrron of the Properly by ezewting and recording one er more perllal relsaeas wlllfoul
allecfing Ire Interest In Iha remslnlnp portion of Ihs Propany. Nolhing herein shall he deemed to obtlgalo Gondar to release any al ha Inlsreel In Iha
Deer! of Tnul.
Property (oxeepl as requlrad under Paragraph 3e1, nor altell Lender 60 obNgated to release arty earl of Ihp Property If Grenlor la In dolaull under this
2B. MODIFICATION ANO WAIVER, The ntotll4eauon w oratory al any of Gunlor's O6ligalloru or Candor's nghls undor INS peed of 7nw1 moat be
oallalrled In a wrltlrrg elgned by Lender. Lander cosy perform orry dl Borrower's w Granloi'p OMIg^Ilons, delay ar tell to exsrclae any of Ile rights or
aooepl peyrnenla Irom Qranlor or anyone olner loan Qranlw wlllroul causing a wpivar of Iltoae Obllgellone or rlyltla. A waiver on ana Drys
rrol ognsllluls o waiver en anyy other oeeaslan. Grenwr'a OpIlgeUnne undof Ihls Goad of Trust shall not ba pllaeled If Candor amends, campfomtse4
exdtnrrgee, falls to exetdso, Im elon slult
any Grenror, Borrower dr Illlyd pa ly or any o(~iho Properly.O elrAder's lalbura toMnslsl pon„slric Nerlormanee 1 orry 1 UtarObl gallons ahallenalkbrr
tiaempd a waiver, end Lender shell have the nglrl nl any Ilene thereaher to Instal upon etrlcl p~nnrmance.
tin^rsarr r. rMmnMn I..r..avp.r, r,,, 1i rlel'r1 envy ml ».vr ~/ ~7 ~.
..L. .v .71~:1~1 .v .U , i ~ .dL.:tul3,'. ILL .VU. J.. J.. ,. Jvv
28. SUB6TfTUTE TRUSTEE M seas of the tlaelh, Mablpty, rafutal W ecl or abasrtce of the Trustee from the orate whero the Propery la located or In
Baca the holder of the OWIQatlorro chap tleelro far eny reason to romwe the Trustee or any subsatuts VuStee as trustee haroundar and to ant e
new uualoe In nla plase and alead, the holder of the ObIlQaddna k hereby Qrenlad lop powef to eppolnt In wllpnp a wbetllute uucue far eaW Trucrea,
end tlta wbW Wle tfuelae chap. when cep hied, beooma eueoeaaaf to cep flQhta o) TruclN hereunder end Ihs eems ehep become waled In Mm for
the purpoNa and oblaeu of [hie Geed of Trull wIM all Qla powr, dupes and oopgalkrns hereto mnlernd on the Trustee.
30. SUCCE96ORS AND A881GNS. Thk Oesd a1 Trust chap Da olndlnQ uppoan end tours b the I»na11t of Grants end under ertd Ihek reepactlve
euccaasora, oaNQne, IruaNaa, reaelvera, adminlsuarore, personal mpneantadvae, IegNSea en0 devleese.
]l. NOTICES. Except ea olMrwke lequketl W law, ally noaa or other oommunkatlan w bs provided under tMs Oead of Truu snap M In wfltln0
and sent to rho pardea d the addroaaaa tleN:Abed M thk Oaed of Tluat or woh omar addrea m the partke may dealQnela In wAtlng lrom IIITIO to
rims. My such notlp eo given and aenl by Orel class mall, pdataQs prepaid, ehdl be deemed Qlven rho collier o} mrw 131 days alter aud+ nodes la
sent fir when raeelwtl by the parson to wham suaft nddna N bNng Qlven.
32 SEYEAABILITY. whenever poeNDle, sash pravlabn of thb Oesd o1 Tn+ct chap be lnbrpreted td be vep0 end enforraeble under eppYeaDla ciao
law. p eny pravldon of lhts Oeed of Tnret violates the law fir Is unenlorcaeWa, the rest of Isla Deed of Trust shall wminw to be vaxd and emorceaola.
39. APPLICABLE LAW. Thk Geed of Trust chap be Qovarlted by the Isws of the state where the Property la looted. Unless epplleetue law prdNdec
aptarwlce, Grantor Izrtunes m ma ~unadletlon end venue of arty court eNeoted by under, In Ira Bala dlsaretton, located In thst state.
31. NO THIfi0•PAgTY RIGHTS. hb parson le at shall be a thkdpany bahalldery o(eny provktal of tMa peed al TruaL Ap prov161ons or tole Deed of
Trust In levy of Lander are Inlendetl solely for the Denept of Lander, end no third party 6ha11 be emllNd to eeeurrn or expect the[ lender wrp waive or
consent to Ins motllficapon of any pravislen al tMa Dead of TrueL In Lendar'a eek dleaeUon.
3S. PgESEAVATION OF UABIUTY ANO PRIORITY. Without afladtng Ute IIeeIIIN of Borrower, Grantor, Ix arty guerentor of the O611galldne, or any
char person (except a person aaproealy releaead In wdIMQ) for the payment and performance al tne'OOllgadone, an0 without elieetlnQ me rights of
Lander with respect to eny Property not expressly reksaeq In wrltfng, and without ImpelrlnQ In eny way Iha prllully of thla Dsed of Trurt over Ins
Interest or any person acquired or first avldencstl by raaording wbaequent to pie recordlrlQ of Ihla Deed of Trust. Lender may, either oelora or abet
me maturlry of the ~hpgatlone, and without Mtlee of consent: raleara eny perron liable tar payment w paAermancs of all err arty peA of Ute
OWlQattons; make any aQreameM alterln0 the rerma of payment or pertormartea of ep or any part of ms Obpgallons; exerNCa err retrain tram
eaerdaing a weWe any fight or remedy that under may nave under thla Daetl of Trust; acupt addlpanel eaeurfttyy of any kind for uuryry of the
Obtlgetwnr, re nleaae err otherwllw deol with eny real or pereonel property eacurlnQ the Obligations. Any person ecqulMg or racoroing evldsnoe of
any Mtereet of any nawrr M me Properly ahNl be doomed, by.eequltlnQ cuM uttareat err raaardlnQ soy avwenca dfereoL to hwe aonaanted W all or
eny aurh setlena oy under.
]6 pEPEA$ANCE lJpon tM peymant and pertormane M Ldl of cep of the OpIlQptbne, Lander vrlll aaeouta and tlapwf td Gromor those dooumenlc
that may ba regwrad to release iMa Daatl of Trua of record. Gramar shall bs reaponelbla to pay eny ooeta of facOrdallan.
77. MISCELLANEOUS. Grenror and Lander egraa Itut time k of Ma sesenm. Grantor waWx praeammere, demand for payment, nohee of
dlahenor end protest except ere requked by taw. All relevances m 13rsmor In thh Geed o1 Truer anNl Include ep paBOna clgalnQ bNow. p mare le
own than one Grantor, Owtr Obllgapone shell be plot W several. Th{a Deed of Trust npraaente the oomplew Inlegratsd urWarsiandlrtg between
Cxamor and lender panalnlnQ to ms rerma end oontllmns Mreo1.
30. JUgY TRU1L WAIVER. LENDER AND GRANfON HEAEDY WAIVE ANY RIGHT TO TRIAL SY JURY IN ANY CML AC710N AAISIN4 OItT OF,
DR BASED UPON, THIS DEED OF TRUST.
39. ADDITIONAL TERMS.
Grentw acknowledges rna[ Grantor has reed. untleretandi. antl egreea io the terms and condlllana of thte Desd of Trust, and acknowledges teoelpt of
an axaa copy of eems.
Oeled this 9TH .. day o1~~~Aa_l.~_ ..-
GRANTOR tJU fXt N, INC. GRANTOR:
Y~l
MALLAfF _ LDYANr PRES
GRANTOR' OHAN'rOli:
GRlWTOn: GRANTOR:
GRANTOR GRANTOR:
NAtlTnaa 41-sw,4br, T..nw~eq,,... M.e I~ r/a/en IeMq Oa1.J'ru~ Mg. ~ d tl
.+ia .v ,i if dil .~ ~ .4Lllu r.:.~ ~~L ~J0~3:~J~. i vuV
Ac Iclvow~.,LUCn~1Nrs
Slate of ldabo )
SS.
CUUllly Uf^ )
'llte foregoing inslnnneul was acknowledged before me this day of
19_ by .
a4 ul%for
Witness my laud end official se:d.
Notary 1'ublia _
My unnwission cxpireg:
Residing:
ACICN01i'L~UC:~111sN'fS
Slaleol'Idaiw )
ss.
County of A 0.0 ~
~ The faegoing instrument was acknowledged before me this `7'' Jay of S~t°T
19y Jb
J
y L.~
LL. ,OI: E D ,
~lU~~~4,,; ,
at:_ /••(~.ESi/)L~rvr
WiUtess my hand and official sent `oUtor(.'I•,HrZ/.IY Lw;u C- Li'c,?cYr2r,v..t ,wl'(
.
M•••"""'•a.,~ _
Y l`/~ ~ ~ r
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'1116 foilolvhlg desgihed oval prapeny Iaute,l la eke County of A~ , 91r1e of I O11i10 ,
SEE ATTAQIIEl17 ^A^ FOR LEGAL DESCRIPTION
ACCRl'TANCII OF LR350II
TIJv ecccpenee h eneeulal This 4TH DAY OF SFPTFy6ER 1949 , py the undenigaal u Laeor undo Ipe
Law dnuiha! an Sehwule A.
1. Lwor egrus rnd maretee a Gnaac's Bald end ssagtuaetu to Lender undo Ihie Deed of TntM of OnMo['r latarnt a IMSM unJer the
Lersa Laror reprwmle Ilut the toss is artsttlh vdW etro nfotlcnkls emtnliag a Je l6rms end IMI l7amor is Hal prcwaly in d.f+uk unJa
the lsssa. Luror Nnher IilltgdMe lhN Il Is Ike owner of the leered pteml.ea anJ lus dIt Iwlver ruJ .wlwdry a aun iaro this AQteeraellt.
Z. Lee.or egrea tMl during the term of IhL DesJ of Truw, rw modifications to ar tamltatioa of the Lnw mill Ds undcrlsYm r4laut foul
oMdning U1e vrtium rnareal of LenJec.
]. 1a the avert of Gnmor'a delSuh lmda the Leers, Iereor agrms a noti% Leader of wch dsfsu4 is rvriJug u leue daty (60) days prior a
a1t111g raioa to mfotca any of Lewos'e rights Hader tits Lena During IAie riat)WSy ,peAod, Letukr shell havo the o(riolt a ateu tht defwh oc
fete rush orbs sedon a mq be accasseq a protect Lender'. atlwrity 1Meceal In Ike Lase mJ any Chords ofOnMOC alldec this DeeJ ofTtvu
er etry anoc egrwmat Ovtl6em Cnnar ub Lends.
1. Learoe agrees a rulfa[dihsy My Ilal 4 Huy hav6 or rokaequenlly aequirc upon my Chetlda of anMOr which msy tw alhjarl a say
recurlty Intemt of Lander uaJl audl tltna a ~~is)'ked of Tma Is tstminsled.
S• Lww eettto~kdgn tMl K Me end 'vriil barleAl as s rawll of Ika ffruadsl ree6moxdetioN ene.bsJ m Gonlor by Lender end Ihu Leader
rvlll rely on the ecupuow.
r.tnsoe: aTY of neR(D(AN rus9on: c(TY of II~xIDIAN
Iwrt]N ATTESTED 9Y:
T]f19 DOCLIMItNT WA9 PBF.1'AIIRD OYs (DAMO Ii~EPENDENT BANE CITY CLERK
Al?T@R RRCO1gDDVG AR?URN 70 LGNDED. AT 17'S dDORGSS DlSCRIDIiD ADOVR.
O'GalfeO OId~RIIwwr Cr. Irnuarl I~Ir1W7M ~/~
-yrsers L
ATTACHMENT "A"
a11ceL I
A PARCEL OF lANO BEING A PORTION OF THE WEST-HALF, SECTION 3, TONNSMIP 3
NOpTN, AANOE 1 WEST, BOISE YEAIOIAN, NERIOtaN, AOA COUNTY, IDAHO ANO NONE
PARTICULARLY OESCR[BED AS FOLLOWS:
BEGINNING AT A BAA9S CAP YAAKINO TIIE SOUTHEAST CORNER OF THE NORTHEAST
OlL-RTER OF SECTION ], TOWNSHIP ] NORTH, MANGE 1 WEST, BOISE MERIDIAN,
NEpIOIAN, AOA COUNTY, IDAHO; THENCE
ALONG THE SOUTHERLY BOUNDARY OF SAID NORTHEAST OUAR7EA OF SECTION 7, NOpTII
8B OEGREEB 56'28' WEST 2940.29 FEET TO A BpAS9 CAP MASKING THE SOUTHWEST
LOANER OF THE NORTHEAST OUMTER/ THENCE
LEAVING SAID 90UTNERIY BOUNDARY NOgTN 75 OE(iF1EE5 ]0.00' WE57 180.00 FEET Ti
A 2' IRON PtpE; THENCE
NOgTN 40 OEOREES 00'00' WEST 10.00 FEET TO AN IRON PiN; THENCE
SOUTH 75 OEDREES 39'71' NEST 70.00 FEET TO AN IRON PIN; THENCE
90UTH 25 OE017EE5 00.00• NEST 64.19 FEET TO AN IRON PIN; THENCE
NORTH99 DEGREES 26'06' WEST 254.51 FEET TO A POINT, SA70 POINT A150 BEING
THE REAL POINT OF BEGINNING; THENCE CONTTNUINC
NORTH 98 OEOREES 26'09' EST 100.01 FEET TO A POINT; THENCE
SOUTiI 00 OEOREES 30.11' NEST 407.82 FEET TO A POINT; 711ENCE
90UTH 99 OEONEE3 54.11' EAbT 276.49 FEET TO A POINT NARKING A POINT OF
C1a1VC; THENCE
ALONG A CIAIVE TO 11IE R10HT 5s.49 FEET, SAID CURVE HAVING A CENTRAL ANGLE OF
LONOECHORO OF,se•$9 FEETIBEARING SOUTNFSiT0E0REESN52'08'7EA5T TOEA POINT
YAAKINO A POINT OF TANGENTS; THENCE
SOUTH 71 OEOAlES 30.01' EAST 292,59 FEET TO A POINT; THENCE
SOUTH B9 DEGREES 48'41' EAST 147.34 FEET TO A POINT; THENCE
NOIITN ]3 pE0REE5 00'00• NEST 108.03 FEET TO A POINT; THENCE
NORTH 5t DEGREES 15'00• WE57 330.00 FEET TO A POINT; THENCE
NORTH 00 DEGREE 29'11' EAST 335,19 FEET TO THE POINT OF BEGINNING.
PARCEL II
A PARCEL OF LANG LYING IN PORTIONS OF TILE SOUTH HALF OF TIIE NORTH HALF AND
THE NORTH HALF OF THE SOUTH HALF OF SECTION 7, T01'ANSNtp 3 NOgTII, RANGE I
WEST, BOISE YERtOfAN, YEptDIAN, AOA COUNTY, IOAMO AND NOAE PARTICULARLY
OESCAIBEO AS FOLL01~:
BEGINNING AT A POINT YAKKING THE NORTHWEST CORNER OF THE SAID NORTH HALF OF
THE SOUTH HaLF OF SECTION 3; THENCE
90UTH 99 OEOREES 25'06• EAST 2,077,77 FEET ALONG THE MOpTMEAIY BOUNOAgY OF
TIIE SAID NOIITH HALF OF THE SOUTH IULLF OF SECTION 7 TO A POINT, aI U SAID
POINT BEING THE REAL POINT OF BEGINNING; THENCE
SOUTH 0 OEGRFE 19'41' WEST 334.13 iEET TO A POINT; T1IENGE
90UT71 51 DEGREES IS'OO• EAST 5ea.00 FEET TO A POINT; THENCE
SOUTH 73 DEGREES 00'00' EAST 235.37 FEET TO A POINT; THENCE
SOUTH 22 OEGREE9 15'00• WEST 80.03 FEET lb A POINT; THENCE
SOUTH 43 QEGREES 58'10' EAST 279.76 FEET TO A POINT; THENCE
SOUTH 29 pEGAEES 00'00' EAST 110.00 FEET TO A POINT; THENCE
NORTH 61 OEOREES 00.00' EAST 91.10 FEET TO A POINT OF CURVE; THENCE
NOATHEA57EI+LY ALpNO A CURVE TO THE LEFT 117,fa FEET, SAID CURVE HAVING A
CENTRAL ANGLE OF a9 OEGREE9 IO.29', A RAOlUB OF 175,00 FEET, TANGENTS OF
79.23 FEET ANO A LONG C7KN10 OF 112.84 FEET BEARING NORTH 38 OEGAEE9.5/'/8'
EAST TO A POINT OF ENOINO Of CURVE; THENCE
NORTH 59 OEGREE9 30'00' WEST 131.39 FEET TO A POINT; THENCE
NOATN o1 DEGREE9 30'00' NEST 207.92 FEET TO A POINT; THENCE
NORTH 17 OEDREES 75'00' NEST 91.11 FEET TO A POINT; THENCE
NORTH 22 DEORElS 15.00• EAST 747,00 FEET TO A POINT; THENCE
NORTH 93 QEGREES 50'00' EAST 1$.00 FEET TO A POINT; THENCE
SOUTH 37 OEGREE9 20'00• EAST 78.ao FEET TO A POINT; THENCE
SOUTH BB OEOREE$ 00'00' EAST 91.48 FEET' TO A POINT; THENCE
90UTH 71 DEOREE9 33'2,5' EAST 99.09 FEET TO A POINT; THENCE
SOUTH 60 OEOREES 00'00' EAST 109.33 FEET TO A POINT QF 9EGINNING OF CURVE;
THENCE
NORTHEA9TERlY ALONG A CIIAVE TO THE AIOHT 139.]2 fEET, Sato CUpvE HAVING A
CENTRAL ANGLE OF 25 090REES 39'19', A RADIUS OF 711.98 FEET, TANGENTS OF
70.94 FlET AND ALONG CHORD OF 179,19 FEET BEMING NOpTFI 36 OEOREES 12'20'
EAST TO A PO[M7 OF TANGENT; THENCE
NORTH 6p OEGREE3 00'00• EA97 115.08 FEET TO A POTN'T OF CURVE; THENCE
NOpThEA5T7IRLY ALONG A CURVC TO THE LEFT 125.75 FEET, SATO CURVE HAVING A
CENTRAL ANGLE OF 24 DEGREES 2s•22-, A MOIUS OF 293.00 FEET, rANGENTS OF
93,94 fEET ANO A LONO•CHORO OF 124.80 FEET 9EMING NORT}1 36 DEGREES x1'13'
EAST TO A POINT OF END1N0 OF CURVE; THENCE
NORTH 14 DEGREES 00'00' NEST 79.6.7 FEET TO A POINT; THENCE
NORTH 97 OEOpEES 43'00' WEST 180.00 FEET TO A POINT; THENCE
90UTH 65 DEGRlE9 30.00• NlST 211,37 FEET 70 A POINT; THENCE
NORTH 30 DEGREES 30'00• WEST 111.75 FEET To A POINT; THENCE
NORTH 44 DEGREES 00'00' EAST 90.00 FEET TO A POINT; THENCE
NORTIf 17 QEGREES 00.00' WEST 175.00 FEET TO A POINT; THENCE
NORTH 72 pE0AEE3 00'x0' EAST 280.00 FEET TO A POINT; THENCE
NOATN 77 OEGgEES 30'00' WE$T 770.00 FEET TO A POINT; THENCE
SOUTH 68 OEOREES 00'00' NEST 265.00 FEET TO A POINT NARKING THE NORTHEAST
LOANER OF THE SOUTHWEST OUMTER OF THE SAID 9ECTION ]; TNENGE
NOaTN 7S DEGREES 3x•00' NEST 190.00 FEET r0 A POINT; THENCE
NORTH 4q DEGREES 00'00' WE9T IG.oo FEET TO A POINT; THENCE
90Un1 7S DEGREES 69'7f• WEST 70.00 FEET TO A POINT; THENCE
SOUTH 25 pEGNEES 00.00' WE9T 9x.19 FEET TO A POINT ON THE SAID NORT1NiALY
BOUNDARY OP TIIE NORTH HALF OF THE SOUTH HALF Of SECTION J; THENCE
NOgTN 99 OEOREES 25'09' NEST 261.37 FEAT ALONG THE SAID NORTHERLY SOIAipApY
OF THE NOIITN HALF OF THE SOUTH NAIF Of bECTiON J TO THE POINT OF eEOINNING.
LEGAL DESCRIPTION CONTINUED ~INITIA(.5
~cr ru ;71rn~1 i~ .a ~ I o ~ICnlul.,:~ lc;. .uo.a:_a:_ :. uuy
r
ATTACHMENT "A"
EXCEPT THAT PORTION LYING WITHIN THE fOLLOWINO SUBDiVISI0N5:
CHERRY LANE VILLAGE N0. 1 SUBDIVISION, ACCORDING ip THE PLAT TrIEAEOP,
FILED IN BOOK 41 OF PLATS AT PAGES ]577 ANO ]5]B, gECORDS Of AOA COUNTY,
IDAHO;
CHERRY LANE VILLAGE N0. 2 SU801YISIDN, ACCORDING TO TILE PLAT THEREOF,
FTLED IN BOOK 18 OF PLATS AT PAOE9 ]791 AND 7782, AECOADS DF AOA COUNTY,
IDAHO;
THE UKE AT CHERRY LANE, ACCOg0IN0 TO THE PLAT THEREOF FILED IN BOOK 52 OF
PLATS AT PAOE9 1568 ANO g370, RECORDS Op ADA COUNTY, IDAIro;
THE UKE AT CHERRY LANE N0. 2, ACCORDING TO THE PLAT THEREOF FILED IN BOOK
54 OF PLATS AT PAGES 1882 AND 4887, RECORDS OF AOA COUNTY, IDAHO;
THE LAKE AT CHERRY LANE N0. 1 SUBDIVISION, ACCORDING TO TILE PLAT THEREOF,
FILED IN BOOK 71 OF PLATS AT PAGES 7674 AND 7873, RECORDS pF ADA COUNTY,
IDAHO.
PAIIGlL III•A
A PpRTTDN OF THE WlSf HAIP OF SECTION ~, TOAMSHIP 3 NORTH, RANGE 1 WEST,
BOISE MERIDIAN, LEp1DIAN, AAA COUNTY, IOAMO, LORE PARTICULARLY DESCRI8E0 AS
fOlLOWS;
COMMENCING AT THE CORNER COwON TO SECTION6 1, 4, f0 ANp THE SAID SECTION
3; THENCE
NORTH 0 DEGgEE ]fi'll' EAST 2661.19 FEET TO THE OungjEq CORNER COMMON To
SAID SECTIONS 3 ANO 4 AS SAME WAY AEESTABIISNEO BY LS 972 (CP ; F
IN9TRUYENT N0. 7852118, RECORaR OF AOA COUNTY, IOAtN11; FROM WHICH THE
NORTHWEST CORNEA OF SAID SECTION 9 BEARS
NORTH 0 DEGREE ]8'27• EAST 2BB7.4p FEET; THENCE
NORTH 0 DEGREE ]5'27' EAST 22.84 fEET TO A 5/8' SRON PIN; TVIENCE
b'OUTFI BB OEO11EE5 65']1' EAST 37p.S3 FEET TO THE REAL PAINT OF BEGINNING;
THENCE CONTINUING
60UTH fiB DECREES 55']1• EAST 182.85 FEET TO A POINT; THENCE
SOUTH B OEOIIEE6 18'10' EAST 440.66 FEET 70 A POINT; THENCE
SOUTH 16 DEGREES 18'25' WEST 2t8.0A FEET TO A POINT; THENCE
NORTH fiB OEGREE9 17'51' EAST 540.22 FEET TO A POINT; THENCE
NORTH 71 DEOREE9 43']1• EAST 442.46 FEET TO A PAINT; THENCE
NORTH 10 pE0REE6 73'30' EAST 487.0/ FEET TO A POINT; THENCE
SOUTH 68 OEOREE9 66']1• EAST 124.64 FEET TO A POINT; THENCE
SOUTH 60 DEGREES 3s•25' EAST 88.99 FEET TO A POINT; THENCE 186.33 FEET
ALOND THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF 250.25 FEET, n
CENTRAL ANGLE OF 37 DEGREES 51'08', ANO A LONG CHOgO BEARING SOUTH 31
DEGREES 42'52' EAST 162.34 FEET TO A POINT; THENCE
N~iTH 8p pE0REE3 29.14• WEST 120.24 FEET TO A POINT; THENCE
SOUTH 1 pEOREE 27'17• EAST 80.70 FEET 70 A POINT; THENCE
SOUTH 0 DEGREE 30'18' WEST 270.32 FEET TO •A POINT; THENCE
SOUTH 10 DEGREES 51'20' WEST 12].51 FEET TO A POINT; THENCE
SOUTH 7D DEGREES 14'07• WEST 119.57 FEET TO A POINT; 111ENCE
SOUTH 60 DEGREES 60'24' WEST 174.]8 FEET TO A POINT; THENCE
SOUTH 7T OEGpEES 28'48' WEST 120.61 FEET TO A PO[HT; THENCE
SOUTH 82 DEGREES 45'52' WEST 225.84 fEET TO A POINT; THENCE
SOUTH 88 OEGIIEES 02'57' WEST 67.]0 FEET 70 A POINT; THENCE
NORTH Bp OEOREE6 10.41• WEST 625.08 FEET TO A POINT; THENCE
NORTH 77 DEGREES 29'20' WEST 148.07 FEET TD A POINT; THENCE
NORTH BB DEGREES 10.11' WEST 180.40 FEET TO A POINT LYTNfi 63.00 FEET EAST
OF THE WEST BOUNpAgY Op SAiO SECTION ]; THENCE ALONG A LINE 65.00 FEET
EAST OF ANO PARALLEL TO THE WEST 80UNOARY OF SAID SECTION ]
NORTH 0 DEGREES 35.11• EA87 147.04 FEET TO A POINT; THENCE
SOUTH 8p DEGREES 21'19' EA57 15fi.03 FEET TO A POiNT; THENCE
NORTH 45 DEGREES D]'16' EAST 767.81 FEET To A POINT; THENCE
NORTH S DEGREES 78'71• EAST 502.42 FEET TO THE POINT OF BEGINNING.
PARCEL III-B
A POIITION OF THE WEST HALf OF SECTION 7, TOWNSHIP 7 NORTH, RANGE 1 WE97,
BOISE MERIDIAN, LlRiDIAN, AOA COUNTY, ipA1N1, MORE PApTICULARLY OE6CRIBED AS
POLLOWS:
COMMENCING AT THE CORNER COYYON TO SECTIONS 4, e, 10 AND THE SAID SECTION
9: THENCE
NaRTN 0 DEBIIEE ]8'11' EAST 2661.18 FEET TO TUE OUMTER CORNER COWON TO
SAID $ECTTONS ] ANO 1 AS SANE WAS REESTABLISHED BY LS 872 (Cp t F
INSTTIUMENT N0, 7852148, RECORDS OF AOA COUNTY, IDA-pi; pp~ pHlCll THE
NORTHWEST CQANER OF SAID SECTION ] REARS
NORTH 0 OEQAEE 38'27' EAST 2887.48 FEET; THENCE
NORTH O DEGREE 38'27' EAST 22.64 FEET TO A 618' tROH PIN; THENCE
SOUTH BE DlGRlES 56'31' EAST 1877.72 FEET TO A 5/8' IRON PIN ANO THE REAL
POINT OF BEGINNING; THENCE
SOUTH 0 DEGREE 90'16' WEST 413.59 FEET TO A POINT; THENCE
NORTH 08 OEOAEE9 64'11' WEST 28.71 FEET TO A POiNi; THENCE
NORTH 8B DEOREE9 54'11• WEST 26.71 FEET To A POINT; THENCE
NORTH 0 pEOREE 30'15' EAST 217,83 fEET 70 A POINT; THENCE 211.88 FEET
ALONG THE ARC OF A CUgYE TD THE LEFT, HAVTNO A RADIUS OF 249,75 FEET, A
CENTRAL ANGLE OF 18 pEOAEES 38'25' ANO A~lONO CHORD BEAg1Np NORTH 23
OEOAEES 47'67' WEST 205.58 FEET TO A POINT; THENCE
SOUTR 8B DEORlES SS•31' EAST 100.67 FEET TO TILE POINT OF BEGINNING.
LEGAL DESCRIPTION CONTINUED _ CGS/INITIALS
~Li. lV 7710 R11 :.i~.: J ,'lL.llLln.~ ILL .v0. 0:.0.- i UlU
ATTACWMENT "A"
/ARCEL IY-A
A PORTION OP SOUTIAYEST OWRTER OP THE NORTIRYEST OWpTER OF SECTION 3,
TOWNSHIP ] NORTH, MNOE 1 NEST, BO[SE MERIOlAN, YERIOIAN, AOA COUNTY,
IOANO, YORE PMTICULMLY OE6CRIBEO A9 FOLLOWS:
COIWENCINO AT THE CORNER COYYON TO SECTIONS 4, 8, 10 ANO 711E 9AI0 SECTION
]; THENCE
NORTH 0 DEGREE 78'11' EAST, 2857.18 FEET TO 711E QUARTER CORNEq COMMON TO
9AI0 BECTION 3 AND 4 AS GAME ieAB REESTABL15HE0 BY LS 972 (cP 8 F INS7pUYENT
N0. 78S21aB, RECORDS OF ADA COUNTY, IDANOI; FROM WHICH THE NORTHWEST
CORNER OP SAID 6ECT10N 3 BENS NWiTH 0 DECREE Se~27' EAST, 2ee7.n9 FEET;
THENCE
NORTH 0 OEOREE 38'27' EAST 22.84 FEET TO A 518' IgON P[N; TIIENCE
90UT11 BB OEOAEE9 55']1' EAST, 379,y3 PEST r0 THE REAL POINT Of BEGZNNINO;
THENCE
NORTH 3 DEIIREE 38'31' EAST, 290.28 FEET TO A POINT; THENCE
46.48 FEET ALONG THE ARC OP A NON-TANGENT CURVE TO THE RZGIiT~ HAVING A
CHOROSBEARIN0 060UTNE4B OEGR~EES n~EEAST,~a6E pEFEFT TO A~POIN7A LT/IENCE
SOUTH 4s DEGREES 03'20' EAST, 178.41 fEET TO A POINT; THENCE
SOUTH a DEOREE9 te'10' EAST, 166.80 FEET TO A POINT; THENCE
NORTH ee DEOgEES 56']1' WEST, 182.85 FEET TO 711E POINT OF BEGINNING.
/ARCBL IV.B
A PORTION OP BOVERNNEIIT LOT 4 App THE SOUTHNE9T QUARTER OF THE NOR71RVE9T
QUARTER OF SECTION ], T01W6HIP 7 HOpTH, RANGE 1 WEST, BOISE MEAl0tAN,
MERIDIAN. AOA.000NTY, IDAHO YORE PMTICULARLY DESCRIBED AS FOLLQIY9:
COAYENCING AT TIIE CORNEA COMB)N TO SECTIONS a, o, 7o ANO THE SAID SECTION
7; THENCE
NORTH 0 DEGREE 38'11' EAST, 2651,78 FEE7 TO THE OUARTFp CORNER fAY1N1N TO
SAID SECTION 3 ANO 4 AS SAYE NAS REESTABLISHED BY LS 972 (CP t F INSTRUMENT
N0. 7892146, RECOg03 OF ADA COUNTY, IOAI101; FROM WNICN THE NORTHWEST
CORNEA OF SA [0 SECTION 7 BEARS NORTH 0 DEGREE 38'27• EAST, 2897.48 FEET;
THENCE
NORTH 0 DEGREE 38'27' EAST 22.84 FEET TO A 618' IRON PIN; TIENCE
SOUTFI 08 OEDREE6 SS'3t' EA6T, 8]4.71 FEET TO A POINT; THENCE
Nog7N 1 DEGREE Oa'29' EAST, 77.46 FEET TO THE REAL POINT Of BEGINNING;
THENCE
188.31 FEET ALONG THE ARC OF CURVE TO THE RIGHT HAVING A RADIUS OF 270.00
FEET, A CENTRAL ANGLE OP 42 DEGREES 17'41• ANO A LONG CHORD BEMINO NORTH
65 OEOREE5 12.17' WEST, 184.01 FEET TD A POINT; THENCE
NORTH 4, OEOREE9 03'20' NEST, 19B.Ofi FEET TO A POINT; THENCE
NORTH 77 OEGAEE ]8'05' EAST, 125.90 FEET TO A POINT; THENCE
NORTH 4 OEGpEE9 28'20' NEST, 178.84 FEET TD A POINT; THENCE
NORTH 4>? PEGgEES 13'43' NEST, BlB.te FEET TO A PO[NT; THENCE
N071TH 80 DEGREES 21'33' NEST, 38.72 FEET 70 A POINT; THENCE
NORTH 0 DEGREE 38'27• EAST, 178.81 FEET TQ A POINT; TIIENCE
SOUTH BB OEOREES 11']1' EAST, 701.84 FEET TO A POINT; THENCE
NORTH 2B OEOREES 16'56' EAST, 187.73 FEE7 TO A POINT; THENCE
NORTH 13 DEGREES 06'08' EAST, 188.18 FEET TO A POINT; THENCE
SOUTH BB OEOREES 21'01' EAST, 221.77 FEET 70 A POINT; THENCE
SOUTH 0 DEGREE SB'SB' NEST, 70.00 FEE7 TO A POINT; THENCE
NORTH 69 DEGREES 23.Oq' NEST, 114.x3 FEET TO A POINT; THENCE
SOUTH t0 DEGREES 78'11' wE57, 161.48 FEET TO A POINT; TIFNCE
SOUTH 5 DEGREES 36'08' EAST, 180.85 FEET TO A POINT; THENCE
SOUTH 18 DEOREE9 35'35' NEST, 08.41 FEET TO A POINT; THENCE
SOUTH f0 OEGAlES 49'04' NEST, 123.ez FEET TO A PO[NT; THENCE
SOU7N 12 DEGREES 00'00' EAST, BB.00 FEET 70 A POINT; TIIENCE
SOUTH 37 QEOREES 26.21' EAST, 112.80 FEET TO A POINT; THENCE
SOUTH B DEGREES SI'S1' NEST, 751.05 FEET TO A POINT; THENCE
SOUTH 41 DEGREES 14'14' EAST, 171.08 FEET TO A POINT; TIIENCE
60UTH e9 QEDIIEES I2'2B' EAST, 722.]] FEET TO A PoZNT; THENCE
SOUTH 47 OEOAEES 07.05• EAST, 80.00 FEET TO A POINT; THENCE
SOUTH 0 DESiIEE 38.75' WEST, 871.80 FEET TO THE POINT OP BEGINNING.
MRCEI IY-C
A PORTION OF THE NORTIRrES7 OUAR7ER OF SECTION 7, TOWNSHIP ] NORTH, RANDE I
WEST, BOISE NERIOIAN, YERIOIAN, AOA COUNTY, IDAHO, MORE PARTTCULMLY
DESCRIBED AS FOLLOWS: COYYENCiNO AT THE CORNER COMMON TO SECTIONS 1, 9, t0
ANO THE SAtO SECTION ~; THENCE
NORTH 0 DEGREE ]8'11' EAST, 2851.1@ FEET TO THE OINUiTER GOPHER COWION TO
SA10 6ECTIONS 3 AND 4 AS SAME WAS REESTABLISHED BY LS 972 (CP i F
INSTRUMENT N0. 7852146, RECORDS OP AOA COUNTY, IDA110); FROM TAIICN THE
NORTHWEST CORNER OF SAID 9ECTTON ] GEMS NORTH 0 OEOREE 38'27' EAST,
2887.18 FEET; THENCE '
NORTH 0 OEG11[E ]8'27' EAST 22.94 FEET TO A 5/8' IRON PIN; THENCE
SOU1'R 8B oE0REE5 55'31' EAT, 1781.81 FEET, TO A POINT; THENCE
NORTH 1 QEOREE 01'29' EAST, 707,16 FEET TO THE REAL POINT OF BEGINNING;
THENCE .
LEGAL DESCRIPTION CONTINUEDINITIALS
~... ... ~~11\1~ .v -. ~ .,,...,u ~.l.~ J
, L1. -JU-J.. ..
L
ATTACHMENT "A"
NORTH 68 OEORlES 2x'10• WEST, 177.70 FEET TO A POINT; THENCE
kORTH 66 DEGREES 66'78' NE9T, 717,37 FEET TO A POINT; THENCE
NORTH 9g DEGREES 23'44• NE9T, 38.12 FEET 70 A POINT; THENCE
NORTH 0 DlpglE ]9.28' EA6T, 6.00 FEET TO A PAINT; THENCE
164.68 FEET ALQNO THE MC OF A IN1N•rANOENi CL91VE 70 THE LEFT, HAVING A
RADIUS OF 226.00 FEET, A CENTRAL ANGLE OF 38 OEppEES 22'00•, pN0 A LONG
CHORD BFMING NORTH 10 OEGREE9 04.16• WEST, fIIt.s7 FElT TO A POINT; THENCE
NOATN 3a OE1RlelS 4x'45' NE6T, 30.00 FEET TO A PAINT; THENCE
NORTH 61 OEOREE$ 14.16' EAST, 110.00 FEET TD A POINT; THENCE
NORTH 26 OEOREE9 11'11' NEST, 134,78 FEET TO A POINT; THENCE
NORTH ~ DEOREE6 04'20• WE6T, 277.45 FEET TO A POINT; THENCE
MONTH 71 DEOREE9 18'35' NEST, 211.66 FEET TO A POINT; THENCE
NORTH 0 DEGREE 79'68• EAST, 132,68 FIST TO A POINT;. THENCE
NORTH ea De0gEE8 23'04' WEST, 110.00 FEET TO A POINT; THENCE
NORTH 0 DEORE! 79'69' EAST, 90.00 FEET TO A POINT; THENCE
90UT11 eB DEGREES 23'01• EA97, 175.84 FEET To A POINT; THENCE
SOUTH 7a DEGREES 05'2D• EAST, 71.13 fEE7 TO A POINT; THENCE
gOUTH 63 OEGREl6 13'10- EAST, 86.34 FEET t0 A POINT; THENCE
90UTN S8 OEOpEES 2e'32' EAST, 79.07 FEET TO A POINT; TIIENCF
SOUTH 83 OEpFIEE9 15'aB' LAST, ee:a7 FEET TO A POINT; THENCE
SOUTH 12 DEGREES J1'1e' EAST, 70.63 FEET TO A POINT; THENCE
9QUTH 9a OEOREE9 2e'22• ~T, 77,Oe FEET i0 A -OiNT; THENCE
90UTN S DlOREES 46'06- EAST, 218.x8 FEET 1b A POINT; THENCE
90UT11 a OEOREE9 le'07' FAST, 126,42 FEET TO'A POINT; TNlNCE
SOUTH t3 DEGREES 68.20• EAST, 289.09 FEET TO A POINT; THENCE
60tlT11 42 OEOREES'43'28' EASr, 2x7.07 FEET 70 A POINT; T'NENCE
NORTk e1 DEORlES 40'13' EAST, 197.97 FEET TO A POINT; THENCE
NORTH 11 DEOpEE9 00'42' WEST, 788,24 FEET TO A POINT; THENCE
60UTM aB DEGpEEb 1x'19' EAST, J98.4p FEET TO A POINT; THENCE
90UTH 7B DEGREES 02'15• EAST, 61.10 FEET TO A POINT; THENCE
SOUTH e0 DEGREES 40'15' EAST, fe4.38 FEET TO A POINT; THENCE
9017TH e6 OE1B1lES 10.18' EA9T, 138.30 FEET TO A POINT; THENCE
90UTH 0 DEGREE 90'1x' NE9T, L7S.83 FEET TO A POINT; THENCE
NORTH 6B DEOREE9 29'16• Wl57, 90.00 FEET TO A POINT; THENCE
SOUTH 78 DEOpEE3 JJ'IB' NEST, 182.71 FEET TO A POINT; THENCE
SOUTH 11 DEGREES 43'13' WEST, 186.77 FEET TO A POINT; THENCE
60UTM 0 DEGREE 90'15' NEST, 194.10 FEET TO A POINT; THENCE
289.98 FEET ALON1i THE ApC OF A NON-TANGENT CURVE TO 1ME LIFT, HAVING A
RAplllg OF 429.00 FEET, A CENTRAL AM6LE OF ]e DEGREES 56.31•, ANO A LONG
CHORD 9EARINB SOLRN d3 DEGREES 04'11• WE9T, 283.39 FEET Tp THE POINT OF
BEGINNINp.
IARCEL Iv-0
A PORTION OF THE 90UTNEAgT OUMTER OF THE NORTHWEST OUAgTEp pf SECTION 3,
TOWNSHIP 3 NORTH, RANGE 1 WEST, BOISE MERIDIAN, MERIDIAN, AOA COUNTY,
IOANO, MOPE PARTICULARLY DeSCRiBED AS FOLLOWS:
GOMMENCINO AT tkE CORNER,COMBOH TO SECTIONS 4, 9, 10 Ah0 THE SAID SECTION
J; THENCE. '
NORTH 0 DEGREE 39'11• EAST, 2e71.18 FEET TO THe OUAgTEp CORNEA C01YfON TO
SAID 6ECTION9 3 ANO 1 A9 SAKE WA5 REESTABLISHED DY t-S 672 (CP ~ F
IN6TRUYENT N0, 7e52149, RECORDS OF AOA COUITTY, IDAN01; fROY NIIICH THE
NORTHWEST CORNER OF SAID SECTION 9 BEARS NORTH 0 OEOgEe Je•27• EA6T,
2x87.48 FEET; THENCE
NORTH 0 DECREE 38.27' EAST 22.94 FEET TO A S/9• IRON PIN; THENCE
SOUTH BB DEGREES b6'31• EA$T, 1814.53 FEET 1D T11E REAL PoINT OF BEGINNING;
nrENCE
NORTH 10 0lOAEE9 3J'SO' EAST, 72.37 FEET 1'0 A POINT; THENCE
128.32 FEET ALONG THE ARC OF A NON-TANGENT CL1iVE TO TIE RIGHT, HAYING A
RADIUS OF 800.00 FEET, A CENTRAL ANGLE OF 12 DEGREES 22.07', AND A LONG
CHORD BEARING SOUTH ss OEOREE6 48'49• EAST; 128,27 FEET TO A POINT; THENCE
SOUTH 30 DEGREES 38'46' EAST, 4,39 FEET TO A POINT; THENCE
NORTH B8 DEGREES 66'31• WEST, 124.94 FEET TO THE PAINT OF BEGINNING.
PARCft Iv•e
A PORTION Of THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF gEC710N ],
TOWNSHIP 9 NORTH, RANGE 1 REST,. BOISE NEA IOIAN, MCAIOIAN, AOA COUNTY,
f0AN0, INTR! PARTICULARLY OE6CAIBEO AS FOLLCNS:
C04NENCING AT THE CORNER COYYON TO SECTIONS 4, B, 10 ANp THE SAID SECTION
]; THENCE
NORTH 0 DEGREE 78'11: EAST, 2661,18 FEET TD THE OUMTEp CORNER COMMON TO
9AI0 SECTIONS 3 ANO 1 AS SANE WA9 REESTABLISHEp BY LS 872 (CP t F
lNSTR19fENT N0. 7852148, RECORDS OF AOA COUNTY, IOANOI; FROM RHICH THE
NOR771NE6T CORNER OF SAID SECTION 3 BEM6 NORTH 0 DEGREE 36'27' EAST,
2887.48 FEET; .THENCE
NORTH 0 DEGREE 38.27' EAST 22.64 FEET TO A 5/8• IRON PIN; THENCE
SOUTH 86 DEORElS 75.31' EAST, 1977.72 FEET TO A S/8•.IROH PIN AND THE REAL
POINT OF BEGINNING; THENCE
NORTH ea DEGREES SS'31' WEST, 109.62 FEET TO A POINT; THENCE
11.08 FEET ALONG THE ARC OF ANON-TANGENT CURVE TO THE LEFT, HAVING A
RADIUS Of 248,77 FEET, A CENTRAL ANGLE OF 2 OEpgEE9 32'16•, ANO A LONG
CHORD BEARiNp NOpTN IB DEGREES 22'17' WEST, 11,06 FEET TO A POINT; THENCE
NORTH 70 DEGREES 38'26' NEST, 84,32 FEET' TO A POINT; THENCE
60.45 FEET ALONG iNE ARC OF A CUpvE TD THE LEFT, HAVING A pADIUS OP 980.00
PEET, A CENTRAL ANGLE OF 6 DEGREES 06'36', A10 A LONG CHOpO BEARING NORTH
63 DEGREES I1'13' WE6T, 60.43 FEET TU A POINT; THENCE
30.17 FEET ALOIIO THE ApC OF.A CURVE Tp THE RIGHT, HAVING A RADIUS OF 20.00
FEET, A CENTRAL ANGLE DF 88 DEGREES 18'60', AND A LONG CHORD BEARING NORTH
12 DEGREES 31'36• WEST, 27.]8 FlET TO A PpIN7; TTffNCE
NOgTN JO DEOAEES 34'SO' EAST, e4.13 FEET TO A POINT; THENCE
260.77 PEST AIONp TIN: ApC OF A CURVE TO THE RIGHT, HAV1Np A RAOIU6 OF
376,00 FEET, ACENTAAL ANGLE OF I1 DEGREES T3'04', ANO A LONG CHORD BEARING
NORTH 61 OEGIfEES 11'21' EAST, 293.98 FElT TO A PAINT; THENCE
SOUTH 0 DEGREE 30'15' WEST, 389,80 FEFT TO THE POINT OF 8EO1MN[Na.
vl:
LEGAL DESCRIPTION CONTINUEp ---~•=d'~ INITIALS
.. ,. ~` r
ATTACHMENT "A"
IMClL Y
LOTS 1 ANO 62 IN BLOCK 6, ANp LOT 11 IN BLOCK B OF CHEARV LANE VILLAGE N0,
1 9UBOLYt910N, ACCORDING TO THE PLAT THEREOF FILED IN BOOK ~4 OF vlnTS AT
PAGES 7637 7HINI 3330, RECORDS OF AOA LOtR1Ty, IDAHO.
MACEL YI
LOTS 12 ANO 21 IN BLOCK B ANO LOT s IN BLOCK 11 ANO LOT 53 1N BLOCK 5 OF
CHERAY LANE VILLAGE N0. 2 SU80IVIgiON, ACCORDING TO THE DLAT THEREOF,
FILED IN BOOK 48 OF PLATS AT PAGES 7791 ANO 77p2, aECORDS Of AOA COUNTY,
IDAHO,
-ARLlL YIS
LOT 97 IN BLOCK 6 AND LOT 14, IN BLOCK 13 CHERRY LANE VILLAGE N0. 1
SUBDIVISION ACLOIIDING TO T11E OFFICIAL PLAT THEREOF FILED IH BOOK 38 OF
PLATS AT PAGES 6477 TIBIU 5473, RECORDS OF ADA COUNTY, IDAIio.
IAACtL VI2I
l0T 28 !N BLOCK 11 AND LOT 38 IN BLOCK 13 CHERRY LANE vtLLAOE NO. 4
SL6lDIViSION ACLOROIMO TD THE OFFICIAL PLAT THEREOF FILED IN BOOK 83 OF
PUTS AT PAGES 877e ANO 6777, AECOa05 OF AOA COI1N7y, IDAHO,
-ARCFL Il[
LOT 9 IN BLOCK 1 OF pECORD OF SURVEY N0. B02 OF ADJUSTED LOT LINES FOR
LOTS B, 9 AND 10, IN BLOgt l Of THE LAKE AT LNEAay LApE, ACCORDING TO THE
PLAT THEAE~, FILED IN BOOK 52 OF PLAig AT PAGES 4588 ANO 4670, gELORD9 OF
ADA CGUIJTY, IDAHO,
IMCEL Y
LOT B IN BLOCK 1 AND LOT 17 IN BLOCK 2, THE LAKE A7 CHERRY LANE Np, 2,
ACCORDINp TO THE PLAT THEAEOF, FILED iN BOOK 54 OF PLATS AT PAGES ~BB2 AND
4ee3, aEeaaog op AoA couNTV, toAlro.
PARCEL zI
LOT 24 IN BIOdI 2 OF THE LAKE AT CHEApY LApE N0, 7 SUBOiYISIOM ACCOpOING
TO THE OFFICIAL PLAT THEREOF FILED IN BOOK 70 OF PUTS AT PAGES 7167 AND
7188, aECOROS OF ADA COUNTY, !GANG,
IAIICEL 1IZI
l0T 1B IN BLOCK 1 ANO LOT ~6 IN BLOCK 2 OF THE LAKE Ai LIIERRY LANE N0, 4
SUBDIVISION, AOCOAOING TO THE OFFICIAL PLAT THEAEOF, FILED 1N BOOK 74 OF
PLATS AT PAGE 7874 ANO 7875, pEC0a0S OF AOa COUNTY, IDAHO.
END OF LE6AL DESCRIPTION ~ ITIALS