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<br /> This Deed of Trust sha►11 seaures _ ��-
<br /> :::,s.,.�--,�_.
<br /> ' (a) The paymere� of tti� prin�ipal auin ��d �.nre�or�t evidenaed =_•��-,._
<br /> � by a Deed of Trust tdo�.e dated API2IL la, 1997 having A maturity = _---_
<br /> of FEBRUARY 1, 20x2, in ttie oriqinal px�inc��. a1 amount o! ON� __
<br /> HUNDItED S�VENTY EIGF�T TI3ACJS�,ND AND NO/100, �a��a►OOA.AO) and any _
<br /> and all modiPicatior.3r�, extonaior�a anci �cos��coa o thoroo� o� thareto __,��__�
<br /> and aany and all futaara aclvances and xaaclvan�ea ho�coundor pursuant �:_
<br /> to mne or more p�omisg�ry notea or r.��dit a�roomonts (lierein „ ..-
<br /> ' call�d "Note") ; '� �---
<br /> (b) The paymQIIet of other sums advanr.r��1 by Lendor to protect '�_=--
<br /> the security of tls� No�e: . .
<br /> (c) The por�ormau�ce o! all covan�nts ancY ac,�reementa of �'
<br /> Borxawar set fe�:tPa laerein; and :.`-_
<br /> r•.-
<br /> ±- (d) All iradobtedness and obligationn of Dorroc�er to Lende� ��.-
<br /> � whether direct, iredireat, abso].ut� or contingent and whether � . ��
<br /> arisinq by no�e, gwa�rar►tY► overd�raf� or othes'a►ise. Tlis Note, and ; ,M1y�
<br /> �, any and all o�laor doaunisnts that �seaura the Noto or otherwi.so , "_.�:
<br /> executed ira con�naa�ion therewith, inalud3ng, without limitation, ., �� •�
<br /> ' guarantees, sc�v�ns'it agreern�nts and a�c�tc�nments of leae�s and , _:�,}
<br /> ` �� rents, �shall kae xe�erred to her�in as thes 'Loan Instruments." :• ��
<br /> , :R: �. `�.
<br /> �y��'� ..�..o t nrot�ct the security af this naed of Tru�t, �` �"
<br /> ___-_-=�� Ecrr�.._r. � �-- - _`
<br /> , covex�tants and agxeE►s with t.�ne Lender as loll�w8: f
<br /> • 1.
<br /> a e �. Borrower shall
<br /> ;:., proa�ptly pay w�t�n ovided �prthe Nota�nr �n this De d of Trustany 'i�t .
<br /> }{�.. feeB or ct�argQO� pr .
<br /> „�. .
<br /> J�.,
<br /> ' �':�•� � 2. m�,�,. Sorrower is the owner of the Property and haa ,.:
<br /> .,:.., r,. �
<br /> "':,;:• !e. the right a�d a��hc�rity to convey the Property. __
<br /> � � 3. T To pay when due all taxes, special '�.�
<br /> t�x �. Ac 3easments. ��=----
<br /> assessment� andl a�ll other charges against the Preperty and, upon
<br />. wxitten de�aa�d by Lender, to pay to Lender such amowat as may ba �����
<br /> �. �-_—.
<br /> . � suffiCient to er�able ttie Lender to pny such �axQa, assessmentis or F_
<br />` ' � other chargc�� as they beco�n� due. "�-
<br /> Q
<br /> • � � d. �ne�u°a�ere. To keep the Propexty insured aqainst damagc� �,
<br /> , 3�;; by fire, hm�asc�a inaluded within �he term "all risk caveraga", �
<br />- and such ot�.e� hazard� as Lender aaay require, in antounta and with �i;�
<br /> companie� acece��a�1e to Lender, including a s�andard mortgagee � _ _ -
<br /> ' " clauee witih lotso payable �o the L�nder. in case of loss undor
<br /> � suctx olicie8, tlnc� Lcnder is authorized to ad�us�, callect and ��= ---
<br /> _ . ts,�. .��_-�Y�..�,
<br />"�'4 ;�,,�, compra�iso al2 c�aim� thereundar and shall have tha option of r9���.-•,-__
<br />� '-���; applying ali o� part of tho insurance procQeda (i) to any �R���h
<br /> �"�:, indebtedness s�cured hereby and in �uch order as Lender may ��.�' .
<br /> determ3ne, (ii) to tha Borrower to be usad for tha r�pair or s^
<br /> :. :r: ��� ,..��
<br /> �" Tr.
<br /> rga�oration og ttnc� Proper�y or (iii) for any other purpose• or .,.�,,.�, ,��t_� :`
<br /> � object satisfactory to Lerader without affectiing the lien of thia � �-r;'� s„ �
<br /> ��"''� Deed o f Trus t fo�r t h e f u l]. a m o u a�t s e a u r e d h e reb y before auch -::-._��� r�;:>:.
<br /> : ::.ti . .,.:.�>.�
<br /> payment ever tooM plaae. Any application �aS proceede �o � �;:
<br /> indebtedness ahall not extend or postpone the dus date oP any �� •
<br /> y � paymente und�r th� Note, o� curc� any defaenit tY►erounder or �;.;•;.f. . .
<br /> ;�, hersunder. ' `�� ..
<br /> �.:'::-�: .,.
<br /> - 5. Ma;ntpnnra�e, Re�airs and Gomp�i ance wit�. Laws. Borrowor . � .;.:�,
<br /> - shall keep the Property�n good con��on and repair; shall . ��:�
<br /> .. .
<br /> proNnptly repair v� replacE any �.�!�aa'Q�emen� which maY be damac�Qd
<br /> __ _ or destroved; stia�l no� co�mit or germit any wt�ste or ';,;:. �
<br /> ' '_' �'__12�L �.�
<br /> ._. ..._ . ____ -
<br /> deteriora�ion O�' tlt� Property; Bhall IIOL remove� ursinviioaa v,. �- �-_ —
<br /> substantially alt�x any of t2►e improvQment� on the PXOperty; �
<br />� shall not aonuni�, au�fer or permit any act to bs done in or upon � . °
<br /> the Proper�y in vYelution of any law, oxdinance, or raqulation;
<br />� and shall pay and promp�ly dfacharge at Borrower's cost and
<br />= expenae all lien� encu�rancea and charges lavied, imposed or ,,�
<br /> aesessed against t�ie PYVperty or any part theraof.
<br /> - . I
<br /> PACE 2 „
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