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<br />.f��,; T�►ie Dee�l of Truat sh�21 secnres �� ���� �`:
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<br />�:,.�.�� �';>'._�';: ;
<br />�.V"�T ••' Mi �� ia) �� payment of the pr3n�ipal awn and i�lereat =-
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<br /> • �� "'� evidenced my �orPOwe�'a Coastruation Line aY �redi� -_.-
<br /> �: � -,. ;_ , D�ca�o Note dated APril 3Qth,_ . 19 �8. haviag a ��=;
<br /> " ,,:.:�-::�. m�aturity date af v�b Y�1 1998 ,�n the P�ginal :_.
<br /> :�`:�� paincipa3 amouat o one Hundred F e T ousana � No/ �,lars ���
<br /> _ -'.;; - i�i5�.0�.U4�, and any �ut � c�t �ae. extensions �'�'
<br /> . ....;,,,�;�.t -_"
<br /> �:,;�.,��:.,..�;�;�;,.; amd r+en—�e �heseof or there�o aad any and �1]. futtt�ce —
<br /> �,::°;=��':.�� advaaces aad readvances lsereunder pnreuant to one or —
<br /> �"y"'-"�"�"`�° more promissory notes or credit agseeraents therefn =_-
<br /> .;.. �
<br /> �'T'`�;' called °Note°)_ � --
<br /> -':M_u�'�;' °�> . . �.:
<br />___ __.�f:�n-��•� , " . �i
<br /> :��4 • (b� The payenentc: ��. o� sqms adnanced b�r .I.ender . �_";
<br /> �h� `44•• '4,;. ' �a protect the seaui�t-� of �It� i�£ote= - � � �i°�-+_
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<br /> ��. ,.. • �.._
<br /> . ' �'�k.�.;� � _.-
<br /> :`::��� - ." tc) The perfo�aac� of a�I coveaants asa.� agree-
<br /> ..">..:::<:��``��� utients of Bograeaex s@t forth her�€nf and �
<br /> . �.:^;.:?-'ltj . .
<br />.;.,,r.�:iii;�;`ir�.i;l. . � .
<br /> --:i:e?., - �
<br /> : �`�:` � � td� �:� �.ate��te8ae�s aaea cbiigafia.o� a� ��rrowes , _
<br />�;��°f;,::����ii�I'`1. � &�ud�r c�r�'�4c� c'i£�c�et, indi�c�, atmsalnte or cen- .
<br /> --�;'::�.: .... ,.,
<br /> ..�.�.,,, �ias��aa� .and wliethe�t ��c�.sing b� �a��eo c,�es�antgo over- _ ---
<br /> - . ., �aaft ,c�� otlierwise a��a.�aed for tDi� pa�}gose of u�akf� ,:--
<br /> �.• : ,iI? . .
<br /> : �:�.��`��� � 3r�snp�ovareenta t�o the rea�. est.a�� ��re�.�Qne describe8. � --
<br /> `. ��:;:.;`:;�; ` �he Note, and any aad�all otIIi�c�.doanments that secure �
<br /> . , .�. .� � �he Note� or otherwise esecated,.:� connectfon therewitlr, ,
<br /> -.. .�
<br /> ,. �' � . � . .��.�`ncl�.�dirag, witch�aut 13mitatian��'_i9t�r�ntees,- secur�.�y �.
<br /> ` —` `,,. - agr�menta and assig�uaents of.�r�ases�;and. reate, ahall . �-
<br /> � b� referred ta �erein as #.�e �natznmentcs.° � . .. <
<br /> _ .. t, �' � 'Sd':2`., /.: . . • ��?� � . , t-•:�?i!' .
<br />. .� F;. i , .. , .c°.;1 a i� . <<is,� . �k:,::!t;.�,
<br /> ,i` ?�' �r3xx�ie�r•, t� ;�otect �the sea��t��: tbia •PA�'. of Trust, s,��i• �
<br /> s
<br /> conea��'� aqre���wi�h I.eader a�.���. o����;t � • . . , -
<br /> �, . a,{';rt.: ..: , "•.'�.,,�- r �� • , t ---
<br /> ~ � ..>.�:�:R:.��; .. �,' �< s' , :
<br /> . r : . =`�•�::f• Pa ent of Princi aa. �std Borrower sha].l f : .
<br /> . , , • � pra�iptiy pay when dne e pr na.�± .,.:�.�af d nterest an. and any �„�, .-
<br />- "�"�� �;' fe� vr charges �provided ia, the-�K�a,; o� in�this Deed of Tsast. • ;,`"�,;;"�
<br /> .� �( . . - . � . . .�t •�� . ;'15A4'�.
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<br /> ,..,��� �`' . 2. Title. Borrow+�r i�''�tie otaaer of the Proper�y and..;:;� `_ -
<br /> � � � .
<br /> `�.. l�s the riqh� a�thoritp to cana��?t the Property; � � .
<br /> , �� i,� . • .'� t �
<br /> , �� S . 'ti.t ' ,47;�' '��'�.;.. . �.
<br /> � � ',�,,�r � ,� 3. Tax�� Assessment�: ''7;�taept whe� �,i�, ar� cpn ;;�7.�" 1f ,�'-
<br /> .;:�� f , ��Sd iia;;,��sad � ,, to ag wneu c�ue all.�icascee;,� M.+f.at]. �as��ssr..,, f ,t;`,,�
<br /> ,•,� ��, . ��r,` � � �`s ,:; other charge� agaiaet t�c�,�ioPert��(nd, �'a�?n°� -� ' �� t�`s, � _
<br /> r..� � ; ,�, ..
<br /> , ,: " '' ..�'r,`��. � � :����en�a bp Y�ender, t:�:p81y'�O �Ad��;:�+�tCh amOUtit�88,;ii�a'T..be ., � �r�4�;,_-
<br /> � ;�°i ; � `,���'3cieAt to enable tlse I.e��x���,.paY snch taxea. assessade��� o�c� :
<br /> : �, : F} ���er cl�arge� as th�ey becatua d�a�. • ' , . .
<br /> `i2� . .. . a. 1��" 4.�tr��.�.,�qinrifnq of aons�ruction or
<br /> . �: ; _ Iaenrance. �S
<br /> ., ��,,..: `�.; ,:;�'�:�.,,�' �renovatioa of ld g, �o k�ep ��'�:� �ropertp inawce� agafast �, �
<br />.. : ;:�; ' d�ge by firea P�+s2ards. fncladec�,'>'�thin Che te�m °all sisk 'r:si•:'4 �-
<br /> . , Lend r saa ;a�:qaire i .in `�''"�
<br /> ,'�,�� ;,� , age°, and $iti�r other hazaxc��,���ta� � �..� `,�.<::,;
<br /> � '�;�' naludia a °
<br /> �: :'`; „c�ats and with companiea accepL���.e .;�o: �Leader�'.�:.;� g �i'•:.
<br /> . # ..` .
<br /> �'� ,�,�
<br /> �� 's��i�axd �r�rtqagee a2a�se w.i.tb �.os�`jp��� to th� Lender. Tn � .
<br /> . 4;� ;.. `�'-_.
<br /> , . _ '.;�.�� :of��,:�,�s unde�e such policfea, �¢t�� 3ti��r is authorizec� to :. ri �;,.-
<br /> -� � � �u�at, `�ii�ilect and compromise a�.��'�9r2aims �her�under ancl sh�tlb '�,�S;:':��.'����:'
<br /> ,;; ��awt+�� the aption o£� applyiag all a�s i�art of the insnranae procee8s 7'''� �4����
<br /> '�`'''"'�' ��•3' to any indebte8aesa seaurec��;Daereby and in auch or8er as � :� ' �
<br /> '' `� ���� ��" Lender may determine, tii) to the Horrower �o be used fvr the
<br /> `: .�_ :�:`. :'•�= .: `; -
<br /> `;,.�;i:;:::,,,:::'�.:°�;: repafr o� restorativn of the Propertp or (iii) for any ot.her -
<br />- `�� �� � �� u ose oz obiect satiagaatosp� to Lender witho�xt affectinq tihe
<br /> .�. ., :-::... ;-,::.: ; P rp =
<br /> � :• ''�' � lien of this De�d of Trn�t for the £ull amvuat secwced hereby _
<br /> � �" '"�`� '�� before anch pa�ment ener took place. Anp aPplica�ion o£ proceeds _
<br /> . ;r�,•�,� ._ ..,
<br /> �' ���� � ta Sndebte8aeas ehall not exten8 or pos�pone the �due flate of any
<br /> :•�.;-;;;.,f.:::�''.� paymente uades the Nete� or cnre aay default thereunder or here- � _
<br /> � •;�;; ` ' tihder. � -
<br /> _ .. ._.;;:t.t"'.'• .
<br /> _ '?r',,;i �•�
<br /> • ..��:<��,�!��;'_�;�,'�"�� S. Nlainteaanae Ae aire aa8 C 1lance ��ith Lav�a. ,s; :
<br /> � '� �;:;...�:�.,.,
<br /> 8orrower shali eep e rrope . y o goo eon on att repa �� ;�<
<br /> -� •� �. sball pr�nptly sepair or replace any fmpronement wbich mag be ,
<br />- ��� � � damagefl or destxoy�tt shsli not cou�nit or permit any waete er •
<br /> �.�k;:. =:`:i;;?»�:s'�'":'�'�� deterioralf.an of the Psopertyf eb�l not remoro�e. demolieh os .,'.,..
<br /> ' • "' substarit�ally alter any of the fmpravements on the Propertp, .
<br /> ..-._`�-�`�'`��`�;' shall ��L`.. c�mmft, auffer or permit any act to be done �n or upon� ��
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