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<br /> „ ! FOR THE PURPOSE OF SECURINC3: 9'r,,,,• 1(3�`���
<br /> .�.;:;�.
<br /> ' (a) the payment of. indeb�ednese evidenced by �
<br /> Trustor's note of even date hQZewith in the prin- ��-'=-
<br /> � � ' c�pal eum o£ OnP Hundred Seventy Thousand and
<br /> ,,�,,. NO/100 DOLLARS ($170,000.00) , toyelller W1th c'=
<br /> '�� intereet at the raCe pXOVided therein, or the �--
<br /> - principal and intexest on any future advance not �_:
<br /> �� to exceed the tatal principal sum initially ae- =_
<br /> cured hereby as eviden.ced by promissor.y notee �
<br /> �� ' stating they are secured hereby, and any and all ��_-.
<br /> renewals, modiEications and extenr�ions o� euch ��.
<br /> notes, both pr.incipal and interest an the notee t,-
<br /> ;. being payable in accordance with the terma aet C;
<br /> �•� forth therein, which by this reference i.s hereby ��°
<br /> q �a��-=�--
<br /> ' made a part hereaf; ,
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<br /> (b) �h� performance of ea.ch agreem�nt and _
<br /> covenant of Truator herein contained; and �;
<br /> (c) Che payment of any �um or auma of money =�_
<br /> ' which may be hereafter paid or advanced by Benefi-
<br /> ciary under the terms of thia Deed of Truat, to- __
<br />- . ge�hsr with interPet thereon at the rate provided _
<br /> - � in the ncate.
<br /> . To pratect the aecurity of thie Deed of Truat, Truetor
<br /> . , hereby covenants and agrees as tollowa:
<br /> ` . 1. Pa•i�nt of TndebtecLnees. To pay when due, the princi-
<br />_. � pal of, and the intereat on, the indebtednesa evidenced by the
<br />_;r+ ��+ note, chargea, fees and all other sume as provided in the loan
<br />��,,�",<..l.�: instrumente.
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<br /> �.-r��. " 2, Ti�t,l`P`. Trustor is the owner of the property and hae
<br /> �'�,��:��:�,
<br /> _,.+��; � . . the right and authori.ty to execute thie Deed of Truat in respect
<br />--= ._..;,..,�;r to the property.
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<br />�°"'"'��'''�,�. 3, T^xes nd �ssessments. To pay, when due, a.11 taxea,
<br /> +��•.:.�.:s .>_
<br /> --_� =;:::�� apecial assessments and all other chargee againet the property,
<br /> -��'�`�:"� before the same become delinquent, and, in the event Beneficiary
<br /> ���"�_° ehall so require, to add to the payment9 required under the note
<br />,�:.��;�e�:.�:.�
<br /> x�„�R,., . aecured hereby, such amount as may be aufficient to ex�a e Bene-
<br />�.;;:;�;:�;- ficiary to pay euch taxea, assessmente or other charges ae they
<br /> �'''�' become due.
<br /> W"�:::ciE�.
<br />�a; � .
<br />��•��.; 4, R�pa• Ma;ntenance and LTs�. To not commit waete on or
<br /> '"'"3'--s�� damage to the pxoperty and to use due care ta prevent othere f rom
<br /> - ��=�• so doing; to keep r.he houee and irrigation equipment situated
<br /> 3±�;},''-w• upon the aforedeecribed real eetate in good condition and repair;
<br />-�::.:""��"`• `� to keep the property free•from mechanice or other liens not ex-
<br /> "� `��"'��` presely subordinated to the lien hereof; to not make, euffer or
<br />-��� : �`.`... permiti any nuisance to exist nor to diminish or impair the value
<br />=h_ � '' of the property by any act or omission to act; and to comply with —
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<br />�' � . all requirements of law with respect to the property. y.:r
<br /> ' S� Tnqnranr� , At all timea during the term h�reof to keep -
<br /> - the Property insured against damage by fire, hazarde included
<br /> � within the term "extended covPrage", and auch other hazarda as �
<br /> ' '.,; , Beneficiary may require, in an amount of not lesa than the re-
<br /> - � placement value thereof and with compani.es acceptable to Benefi-
<br /> �,;;::��'' � ciary, including a standard mortgagee clause with loss payable to
<br /> °._ __ ____ _ ,-Ho ao„of;�;arv and containina an additianal provision that the -
<br /> _ - - - - - ,...._ ------------.
<br /> - � policy c�nnot be canceled without prior written notice to the
<br /> Beneficiary. In case of loss under such policies, the Benefici-
<br /> ary is authorized to adjust, collect and compromiae all claime
<br /> thereunder and shall have the option o£ applying all or part of
<br /> the ineurance proceeds (i) to any indebtednesa secured hereby and
<br /> in such order ae Beneficiary may determine, (ii) to the '�ruator
<br /> to be usad for the repair or restoration of the Property or (iii)
<br /> for any other purpose o� object satisfactory to Beneficiary with-
<br /> �ut affecting the lien of thi9 Deed of Trust for the full amount
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