|
..,
<br /> . :, `
<br /> , �
<br /> � ,,,.,�,,,-
<br /> I t �,.,,V;,
<br /> OS-�04-1997 D�ED OF TRUST g7� ���,�2 Pape 3
<br /> ! • (ConUnusd) ,
<br /> Loen No 628448 —
<br /> ' • �ncludirp�ppropriat�tppNls,to lonp ns Trusta has noU(I�d L�ntlar In wrltin� pdor lo ddnp so and sq lony ts, In Londws soN opinlon,
<br /> ' undws�ntK�sb In tn� Prop�rh�ar�not Joopardi=ad. L�ntl�r maY raquln Trusta to post�dequate security a n nurafy bond,nrsonaby �
<br /> j satlstactory to Undw.lo prot�ct L�ndK'�fntlrnt. _.
<br /> Duty to P�obet. Ttuslor�pr�as nsHiNr to tbllndon nor Naw unad�nd�d IM Property. Trusta shtN do all other�cts,In�aaaon ro ino..�ca F
<br /> � sat lath abow in thls fscdon,wNCh horn tM chtr�ct�r and us�of lh�Prop�rty an rwscn�bly necessary to pr�tecl and pns�rw th�Prop�rly.
<br /> . � pUE ON 3111.E-CONSENT BY LEMDER. l�nda m�Y�al Ib opUon,d�clan Imm�dialNy dw�nd Payabb aU sums aotx�d by this OMd oi Tnnt
<br /> upun th�uN a 1r�nslw,withoul Ihc I.onc3�+'s pdor wdtten cansent,ol�M or�ny WR of tt�Rwl Prop�rty,or�ny INKast In tM RMI Prop�rty. A , -
<br /> "saw a trar�t}w'm�ans lh�aonwyana of fwal Prop�ly a any rlpht,tlq�a In{KMt tMrNn;wMtMr I�p�l,b�r�i�dal a pulfabM;whsth�r volunWy -
<br /> or Invdunttry;whdMt by outrfphl caM,dMd� IntaNrt»nl�W conkuct,knd contract.tonb�aclla dNd,M�s�hald inNr�st wNh a Mrn1 prN1M th�n
<br /> thrw(3)yN�s,1�as�-oprion contnct,a by saM�ass�pnrrNnt,a Maraf�r d�ny b�nMcial InNn�t in a!o iny knd trusl holdinp YU�to th�RMI ,
<br /> Propwty�a by�ny otMr m�thod ol conwyana of Rwl ProMrry mMr�t. If any Trwta h a caryoratbn�PiutrnrshlP w Nrt�INd IlabflHY��P��Y.
<br /> tnnslx�ho Induda Rny charq�In owrnnhlP ol mon It►�n Mhnh"-Ifw P�M(26%)of tM voYrp�toc�,r��•�+�o �n�r.s�a wmn.d waw�y j
<br /> company InlKasb.as it�cas�rt►�Y W�d Trtubr. MowwM�tl�oP�t�^a���by L�ndK N such�xuciN M prohlWMd by Md�al _
<br /> kw or by Nebnska kw. i , .
<br /> TAXES ANO LIENB. Th�IoMo+vinG P►ov�lo�r+WYng to th�la�c�t and IMrw on ttw Propaty an a i�of thb D�d o�Tn,s�
<br /> Payn�t. Tnntor sh�N WY wMn dw(and In dl�wnb P�to d�Mo4u�ncY)aN inw��p�cW UxN�ass�ummis.chvD���udln0 w�N� ';:�; :�.:--
<br /> a��y,tK)�lin�s and imposiyaq{�vM�/ �ptt�st a on aacount W tM Propuly,�nd sIMM p�y wMn du�d cW�ra ta wak daa on a ta . i�;_
<br /> sarvfc�s rendar�d a malMlal hxnish�d to Ih� Prop�rlY. Trusta shaN malnttin tt�Proparty hw ol tN Iians hUVinp p�lorfly ov�a WuW to ttN t':'�----
<br /> Interost o(Under undK thls De�d o1 Trusf,acept for th�INn o f 4 u as an d a s s e s s rt w n t s n o t d w a n d�x c e p t t s o l h e r w l s e provfded in thb DKd � -
<br /> ofTrus� �
<br /> "�:. �.� -4th._
<br /> Ripht To Contest. Trusta may withtald p�Y�nl b not J�op�dlbd.if a N�n alirisas a fiNd a a1rasWt�ol�nonPay�in�nt,Trust thW�wit�h n . . ,t,��� -- --
<br /> � to pay,so Ior►Q u Undar�IntK�at in tt�Rop�rty � n ,
<br /> ' fittaan(16)days aftar lh�Wn ul�s ar�H a Nn b 1fl�d�withln 6(tMn(ib}days artor Trustor has noHea of tho Nlinp�securo ihe dfschnrQe ef the ���,���,�'�'' --__
<br /> ' Ikn,or N rpuosted by Und�r,daposH wilh l.�nd�r cuh a a tufRd�nt corpornM suroty bond a oth�r securlry satlsh�otory to Undor in an
<br /> amount suMctent to dlsclwp�lh�Ii�n plus�ny costs tnd aRarwys'1Mt a ot►�r oh�arWs th�t could�oaw u�nsult W a londasun or saN
<br /> � ' undor ttw Yan. In any conta3l,Trusta sh�debnd HsaM and L�ndK and ahaY saHsh�ny�dvas�Judqm�nt bNora�ntorartNnt�ptinst It� ;;;';4
<br /> proporty. Trustot shtA nartN L�nder at an tddiHonal oblipM undor any suroty bond twnkhad In tM conkst procMdinps. •,:,,., _
<br /> Evid�ne�W Pqlm�n6 Trustor thaM upon damtnd furnish to L�ndK eatlsfaclory wld�nc�a payrtNnt of th� t�xos a assa�m�nb artd�h�N '
<br /> ��°'� Ruthoriss th�apProPritt�powrnrtwn4l of6dal to dWivK to L�ndK�t�ny tlrrN a writl�n stat�me�t of ihs laxos md�ss�ssm�nb�puinai t1w -
<br /> ��
<br /> ;:•: Pr��. ` �--
<br /> Y Notk�of Con�huctlon. Trustor�haY notfy Londer at fw�st MfINn(16)days 6ofon any worlc Is commanced,any�arvkys�n hxr�kh�d�or�ny ,. ,. :
<br /> �k
<br /> "�,; •. ':�
<br /> • rtµ�an suppN�d to tlw Prop�rty� if my m�clunb's Ilon, ma�arialrrNn'e I{en, or otlwr Ikn coWd ba tasNbd on aocounf of tM wak, ,
<br /> ' ' sa�vias,or matorials. Tnbta wIN upon roqu�st of L�nd�r turnfsh fo L�nda�advar►a assur4ncas satlstactory lo Undw tt►�t Ttuttor Can�nd will ,.�.;�}_,_ .t
<br /> �I'� pay th�cat of tuch Improwmmb. "",..:, . `�.`��
<br /> .. ��;.
<br /> �1.;; �k�;:':` �,:'"
<br /> �`� pROpEA�1f DAMAOE INSUFiAMCE.Th�fdlowMp provlsiora rMa�►q to Iruurinp!h�Prop�ty an a part of thb Dwd N Trtat. . . :�
<br /> --i �
<br /> •�. .
<br /> . � --- '- �a.i:" -�-',...
<br /> '�" � MrntMwros of I�wrM�ct. Tnntor�h�M prxun and rtWnWn poYCIM of Ifn iraurana wiih�iandud�uciN�o�dcovw:o:«iww.w�a.�a-.a `.�
<br /> � ,1 nphc�nwnt ba�is(a lM fuM kaunbN valw covainp NI ImprownNnu on iM FiMI Rroprty In an�mount��f to aatd�PPM�+YOn d any :.,, ��:��
<br /> cdnwrana d�us�,�nd wNh a�ta�drd mortpy�d�uW In hva W L�ndK. Tnnta�h�M�Mo Procun and m�MtaM+comprN�Kiw p�rnr4 l,1i, L�.
<br /> � �i N�bIMtY insunna in tuch cow��amou�N as Lmd�r maY�Q�with tu�N�and L�nd�r bNnp nam�d a addlo��d Insund�M wch MabNHy _.�_�
<br /> ::f' inwt�no�PollcNa. AddlUOrwMY�Tn�tor Ih�M m�ntain wch oth�►kwunna��ndudMq but not MmiMd b h�rd� buNn�ir�MrtuD���nd ���--
<br /> ''�'�`� boNM linunnC��as I.�I1dN may tMSOm►bb�4uln. PONCiM�h�M b�wrilNn M lOrm�amounb�covw�p�s Ind bMis nasaMbFY�oaP�M b "'''.
<br /> t°�t I�bM to Lsnd�r. Tnnfor.upon nquat ol L�ndK.wY dMiwr to L�nd�r kom �T:=�
<br /> �;t;: L�ndM�nd isswd by�COrt�ptnY Or CornWnl�naso��Y��P
<br /> :.�,•,f tlnw b Mrnr fM poYCbs a wrY�cst�t of Inunna M(orm a1RUcfaY to L�,Indudkip sYpuldlorN ttwt cowrUpK wiN naf be.�anoeM�d a j��-
<br /> �.�;:• ar►w�rNU w►thout n�st�(�6)wys p�ur wnniwi�wW,w tu Cw�. :.ach Irs:ur:r,;.:.Rc'•`.:.'Y cly�=h•-!lrtc�u�en�ndott�tnMlt pro�ip lhat : � --
<br /> cownp�In hvor oll.�nt1K wN not b�Imp�k�►d In any w�y by any�ct�ortYstion a dNault of Trustor or�ny oMwr plrson. Shdild ih�Ha�! .�-r� .�_5
<br /> '�`� Prapitly d any tlttw becortw loCatod In�tn us�deslpnaMd by ttN Dk�Cta of tFN F�d�ral Em�rq�ncy Manrpom�nt Ap�nay�t a�p�cMl lood �;",
<br /> ``�` Fw�rd�rM,Trustor WnK to obtaln�nd m�inWn F�1Kd Flood IrKUr�no�for!M fuN unpald princip�l bWnC�oI tM loan,up b iM nyxlmum _
<br /> �` poNCY Ymib sat unda tM Natbn�l Flaod Inwrana Propnm,a a oth�rwisa nQulnd by L�nd�r��nd to m�intatn�uch Insunna for MN Mrm d -_
<br /> tM lan. -�---�._.
<br /> . AppNea�fion of Proa�da.Tnntor sIW PranDaY noqfy L�ndu of anY loss a dam�p�to tM Pro{s�rty. L�r�d1r mlY rtNk�P►oof of bq M Ttt7stor ��
<br /> h�to do w withln 1MMn(16)d�Ys d tM cuwltY. WhNhK or not L�nd�s s�curitY b�mP�k�d�Und�r rtwy.at Ns�Me11on�noqw and nWn
<br /> th�procMd�of any Insunrx��nd appty Ih�{xocMds to th�nductlon of tM I�bt�dn�ss,paym�nt of any N�n afNctlnp th�Prop�iy,or 1M
<br /> nstontlon and nP�of ih�Prop�ty. ir�•nar.ac�s�o.aah���oa.ds a n��ontbn and�,r�udor •n�r no•r a n�a a»
<br /> d�m�q�d a d�atroy�d Improwm�nb in �manrwK satlshclory to L�nd�r. LK►d�r sh�N�upon uristactory p�ool of tuch�nditun.PaY or
<br /> tNmbtrs�Tnistor kom tM P�oa�ds lor th1 rMSOnabb Coat of r�Wk��nd wh�lCh Tl�nd�t h�s not Co�„mmitNd to tlM r�p�k Oratrtloratlon�
<br /> • procMda wMch Mw no1 bNn disbue�d wflhln 180 d�ya�ftK ttNk
<br /> tM prop�,ty sh�N p�us�d fkat to pay tny�mount awlnp to L�ndK undK this DMd of Trust.th�n to pay acawd Int�ntt,�nd th�nrtwirW�r,N -
<br /> �ny.shaN b��PP�10 th�Pdnclpal WIaro1 of Ih�Ind�bNdrwa. It Unde�hddi any proC�ds dtar payrtMnt In IuM Of ttq IndNlNdnNt��uch =_- ------
<br /> • proc�ds�h�Y b�pUd toTnnta as Trustaft InMnsb maY appM►• _ _ -
<br /> ,',';!,� ' Unaxpind Inaur�na M 6�M. Any urwcpt�d Insurana thall Inun to th�b�rNfit W,�nd pus lo�tM purctNS�of tM Wop�ry cownd by If�ls �:�,���_
<br />-:,;;;,' ...,.;c D»d of Trutt�1 any trustN's�al�w olher tah hMd und�r tM provkbr�of lhls Owd of Trutf,a�t any fondotun s�b ot wCh Prap�ly. .
<br /> �E,�:��
<br /> _; ,'.. � TnwtoPR R�pat on InM�r�. Upon nQuost of L�ndK�how�wr nol mu�than ona a Y�.Trustor shaY ftxnbh to L�ndK a npa�o++nch . s.'%.i�i��:.
<br /> �xlstlnp PoNCy of Inaur�na showlnp: (a)IM narrN o1 tM insurK; (b)th�rfsks insur�d: (c)th�amount of th�poNcy; (d)th�p►apK1y k�trad� � ��,:
<br /> . . ' �n.�n.�,cu►nm ►.o�.n��u.a suci+ �xca.�r,.nd�n.m.��,.�a d.►.m,i��,y m•l�u.,.�d c��t�».��nuon a.�a n»poMcy. �..�`t ' ,,�,�;�;rr:.
<br /> Trusta sM1.upon rWwst of l�ndK�haw an Ind�p�nd�nt�ppr�atistactorY to UndK dN�rmlrN tM cash val�npMa�r»nt cost of ih� •;��
<br /> :'_�,. _ .a;.-.
<br /> , .�:t� P►��Y• . r • ,.
<br /> D(PENDITlIREB BY l.EIiDER. If Trustor hfls b comply wNh�ny Provi�lon of thN ONd af Trust,a M�ny aclion or prooMdinp k canrn�noed Ihat '.+.s'}.; '
<br /> would mtlMiaMy aM�ct Und��Inbnsts In tM PropKty.l.�nd�r on Tnntors b�h�M rryy.but sh�A nol b�nquk�d b�t�n any�Uon thet Lond�r -_ ::.':"',;'.
<br /> de�ms�pProprlaM. Any�mount tlnt L�nd�r�ndt In so doirp uvM�bar InIKKt�t tM raM provid�d(or In tM NoM kom Ih�d�N incurnd or pald
<br /> ' bY Lend�r to th�daN of npaYrtwnt by Tnrtto�,AM suCh u�rKa,at L�nd�r's oplbn,wfM (a)W p�ribN on d�nu�nd, (b)b��dd�d to 1M Wtana .
<br /> of th�NoM and b��pP��a'"�^0�^d �����h any Ins4Nm�nt payrtNnls to bacortM dw durinp MtMr (i)tM brm of anY appUCabb
<br /> ' Ir►sunna P�Y a (N)tir rwndninp Mrm of tM Noi��a (o)W YM1W�s a baMOOn PaYm�nt wNCh vrw b�du�and DRY�DN d th�NaN'�rtwlurNy. �
<br /> . ..E Thk DNd of Tnnt Idso wiM s�cun P�Y►��tl��mounb. TM dOhb Provid�d for In this p�npnph�h�N b�In addtlon to�ny othK riphls or u►y
<br /> ;".t nrrMdia to wNcA L�nda mq b��ntlWd o^ �oc°unt of tl►�dNault. Any such�ctlon by L�ndK sMiM not b�consh�wd as curinq fM d�huN so a lo .
<br />- . b�r Lsndor kom any nrtMdy that R oth�rwN�wouW h�w htd.
<br /> � •,,•• � WARRAMTY;DEFENSE OF TITl.E.Th�lollowkp Provislons rWdrp to owrnrship of!M Prop�ty an a p�rt of Ihfs Dwd N Trust. . ''�
<br />- '� TItN. Trustar wamnts th�h (t)Tnntor hdas qood and muk�tabw dtl�of raCUd to Ihe Property In fea slmpN,trw�nd cNar of aN INrK and
<br /> '. ---•"----�-
<br /> ��u�...,.�..�....xx�i.�.��...w.,.,w� Hfla ru�M iv 1ieu1 tlll�nnleYe�llt�ll�d iff '
<br />-. ' '� MCUmbf�n��601hKtt1�nt110S�s�t iartn nin�nw�nvyw��.,.r..�..�,.........�..�_�..__._..��_.._„_�.�_._.....�----�...- ----- ---- -._--.--
<br /> '� � fava of,and aoc�pNd by,Lender In conaction wlth thls Deed of Trust,and (b)Trustor has ths tuA ripht,powa,antl suthalty to�x�cuN and �
<br /> _ I daliwr thts Doad of Trust to Lender.
<br /> I DatNfs�of Titl�. SubHct to tM oxcrptioe In th�panpnph abow,Trustor wamnts and wiN tonver defend ttN utle to tha Prop�riy�pNnst th�
<br /> - � Iaw(ul clalms of au p�ons. In tM�voM any�cQnn or procaKllnO b comrtwnced thal qwstlons Trustars tla a Ilw Intar�st of TrusfN or
<br />- Land�r und�r thls DMd d Trust,Yrustor shtM d�Mnd ttN acNan d Trustor's�xpons�. Trustor may W ths r.omirul party in such procwdinp,but
<br />- Undar ah�N b� �ntltl�d to particlp�N In Ih� proc�linp and to b�npr�nl�d In lh�proc�scfinp by coun�d of Und�r't own chola,�nd �
<br /> Trustor wW deNvK,a cws�to b�d�Yvwb�to Und�r such Iratrum�nb as LonWr may rquost hom tlm�to Hrn�lo p�rmN tuch paYCip�tlo�. �
<br /> CompllanC! Wlth L�w�. Truslor w�rr�nls itwt IM Property and Trustors us�of Itw Property complNs wllh aN udstlnp �ppMCabN kws�
<br /> ordinancYS,nnd reputatlons of qovernmen4l aulhorities. �
<br /> , COPIDEMNATION. The Idlowinp provfslons rNUfnp to Cond�mnatlon proceodinps ara�part of thfs Deed of Trusl.
<br /> � Applkatbn ot I�NI Prx�ds. If �A or my ptrt ol tM Proparty b condamnad by smlrwnl domaln procoadnps or by any procwdrp or �
<br /> � purchas�In U�u o1 condemnatfon,unWr may tl Its WocNOn nqWn that�JI or any patton ol ttw nat prp��of the awud ba�pplbd Io tM
<br /> � I
<br /> 1
<br />
|