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<br /> Th3s Deed of Trus� shg17. seeu�ces ��� :`��:��:
<br /> :., � ';� ._��. ;
<br /> ` (a) The papment af �tte @rinaip�l �um a�� iat�root -
<br /> � u E��. �' ` � . eaiSeaiced by Borrocoar's Co�efcruotidar Liae oP Credi� ; ,
<br /> �K�n�� ,�, �- Drac� N o t e d a t e 8 Joi.Y g , 1 9 q7 , h�V l n� m .
<br /> °��4��� :�. - � maturity date of JANUAAY I 1998 ,� t�te o�i inal �
<br /> ,'~ � �•��,�, - princ3pal .�aonnt o - THbUSAfti1 �1�ti8D FYFTft OOLLAA .; -
<br /> � � tg167,3so.oa ) , and any ari a mo ca vr�e, eattere�ione < .:
<br /> � -�y � and rene�ea s tBiereof or theseto end an
<br /> .� , - y aa� ��� �ntu�a
<br /> . .._°.,:.,,;.�, � . . :.`,.y, adwances and, �ceadvancea ho�cewnder �ursuaflt �o� one� ox �.�`•.`
<br /> ' _ � mosce promis$ary notes os cre8i� aqre�ment�$ tttorein �- �-°
<br /> , °'�° -�, .•`� �. cal2ed °Note"1 t `�'-_.
<br />. •�_ , d;, ,'-=f �;ii�c:���i:.;c ' .. -----�
<br /> : , +,�i^c : ' ' -
<br /> � �=. � � > (b) The papment of othe� �iuus adnance� by �eader -
<br /> ��` �" G�` ' � to_protect the security of tlte Note= _:
<br /> �� ,;�- •:>
<br /> .. , - �:�� ;�•� - - -
<br /> 1 f .R : �c) The p�xfvrmaac� of ell aove�tente aad agroe- E �
<br /> � . R " :°..�: , s�m� of BorroV�er se� fo�th he�reia= an8 �..�`=`_
<br /> �t i�' t� ` ' �
<br /> • (d) All fadebtedaess and oblig�4ions of Borso�or �H --
<br /> _ � ,°�::: : ` �� `�:'` `. �o Lertder �rhetlzer dfrect, in��rtc�, absoZuts �r. con- =--_-
<br /> 4 � tingent and whether arisiag by note, guaranty, over- �'_:
<br /> ' ` � .� .d��� or attae:wise advanced for the.
<br /> , ��-�-.> _ - p�ua'Pose oF inaking �;,�
<br /> .� , i�a�veffients to the real eatate hereiaabove c�eso�ibed. �=_-'
<br /> • ` . . The Note, asna� any and all other doet�enls that eeaure ""�_
<br /> �.�•:
<br /> ; the Note os otherwise execnte+d fn co�aeetio� therewitti, ����
<br /> � . :E-�, � ��.�aa�r�ing, y�ithout limitation, a,�naranteee. seaurity . �:�u�.
<br /> _ _ ..,,.�,....,,,�, ,.. . ::���,�tents and assigr�mebts of fiease$ and reats, sltall `�_.
<br /> ` . . . '..I��:�errec3 to herefn as f.he ^I,amn� Inatrumen�e." ----
<br /> `.�' '�y", �.'�:� � . ��E�a�a�s,� �� prcotect the securitip of tltis O�ed of �s�nmt,
<br />_ . ',..f ` . . : '�'���a¢iit:s"�aa� aa�eee with L�ender ae fo].io�ve: �
<br /> .� � ' =�� �.. Pa e�t of Princ3 al. .and interest. Borros��x ��aal� .=_.-
<br /> :,;, .:<,� E:::: `�����5�•3��;;��ay c�a�a due e pr c pa o an tereet on, and an� ------
<br /> �.,.�-'. .-:-:',_".: � , :�;���a�� az�wa�g�s rovided in, ttte Note or ia this De�B of Ta^�as�. ----
<br />- , ,. , Y� ---
<br /> ` � . � " `` �.� �; �: 3�i.tla o �o�rower is �he ov�aer af tho PsoPerty and ��-
<br />� � IIn�.s �Sne�`�a��g�►t a�u-'�suthori�y to cor►vey fhe Property.
<br /> . . r,� :. .
<br /> . . . � � .3. T�ea Assessmenta. Exaept �hea� they ere coa�
<br />- . � '�+��t�:;��.Qn gooa�"�t t,f'`�o"'p�ay w1 en due ali taxea, ep�ciei aese�o- --
<br /> . •.:, �a�ua�:�.� a1,�� vther chargea again�t f.he ProBesty an�, upon •
<br /> � •'- �.: . war���m�;��¢�..bp �snder, to pay to Lender sneh amount ae may be
<br /> ' � . s�n�"�����e�a�. �.� ¢�able the LenBer to pay eneh taxes. aseesomenta orr �
<br /> .. . .;,. � o�a� ���� a�.they became due. ---
<br /> � ;#_. . , ,
<br /> , " "�#: 3[�surance. At the beqinning of aonetsuction or '
<br /> ,:�. ,, renovat���m; �� : .3 Z ng, to keep the Prvper�y Snstased agains� -
<br /> �. � . damaqe: �i�r �Sf�t�4 hazarda included wl.tttin the �ernn "a�l sisk �
<br /> _ coveray�a°'� , a,rk�. �s�h otiher hazard� a� Lender may �eQoise, in =-
<br /> : . . amounes �r:s� ���a. �ompa�iee acceptiable tv Leader, includiing e � -
<br /> _ '� � � atanda��eif ��a�r�c��ac��ca elat�se witl� loefl payable to the LenBer. Is� . --
<br /> ''�'' � � ���� , case og'�•�aa�s ��@��r sucBn poliaie�, the Lendas i� �uthosised to �==
<br /> � � e8�uat, ����te� �nd cc�romise all alaitne the�eun�er end ahall ==
<br /> , � ��` '� have the �tt��� �ff applying all or part of �he ineusanca proceed� _-:-
<br /> � : . . � • �i) fo atn;� �.un��edneae secured� hereby and in such osde� ae �_'-
<br /> ` Lender m��,a �c���me, Qi�.� to ths 8orrower to be usefl £os the �-"
<br /> � ' repair or r��t¢��mtiom m� the Property or (iii) £oa as�y o�hQr .
<br />__ purpos� o�: �livj���� satLfl�gactory �v Leader wi�hout afFeciCing the �
<br /> . �. � . 1�en of tb�s,:tID;�� .af �'�wr�t Pcrs the fnil amount eecure� heseby. ��
<br />= � � . 1�e�ore aucP� ��ig�uo� eper� toak �alace. Any agpiicatiion of psoae�do �
<br />-_ •• � � , �o indeb�eclne��% �a��e�ll �� ex�en8 or poatpone �he �tue dete og �ny -
<br />- � • p�yiaenta unde� ft�Q.No��, v�c csnre anp 8efault thereundor tir hesa� ~"
<br /> .. : • � un8er. .
<br />_ � � ' S. t��am�e�iattce t�� aire anQ Com liance o�ith LaMa. �
<br /> - . � �. � Horrower shall ��� m Pre�g y a go cen vn en ro�a g� • :
<br /> .:;.,, ehall promptly ���§,�t ��r re�baae any impsovement which may be �
<br /> , � � � damaged or destr.a��+sEs ����1 sa�ti aommit or permit any c�aete oz .
<br /> �. ':_ � : 8eterioratfon of SPc� l��g�s�y� ahall not remove, demolioh or .
<br /> .. , :.� .eubstantialiy a�t:►-�r ar�� a�f �� improvements •on �h� 8ropertiyt
<br /> _ � oht+li no� coaanito �caf�'QS or �aQS�� any act to be flone itt or upon �
<br /> . � • � � •
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