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<br /> . �,� B. A11 funue atdvsaoes from B�eGsia�Y eo Tmscor or other future oblisarinans of Traswr to Be�►efi�iar}uader an� _ ' . ... ;.,. ,,:,.
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<br /> pman�ory note. conuact.guaiaaty,or other etidewce of debt existiq�now or exearted after this D�ed of Tnist ,.,�.:�:�.
<br /> . . • � whetii�os not this Deed of?cast is spectifically rcferred to in t6e evidea�e of debt. � - .
<br /> ::. ' C. AU obligatiaas Tzasior au�c co B�neficiary.�fiich now e�ist or may tater ari�,to the��teat not pro�'bited by . , .
<br /> ' law. inciuding. but nat limited w. liabilities far ove[drafts c�Ia�g to au}deposit aocount agr�a�nt bem� � --
<br /> � .,: .
<br /> � � . Tmstos and Beaef ciffiy. ��ay B�eRdazY for insurin8•P�ving or ottt�n�ise prate�ing - , -. � - -
<br /> - ., �.,.; D. Ail�dditional svms advaaced and e�p� ma�pY BeaeficiuY under the�e�ms of � ..
<br /> . the Property aud its�aiue aad any other suuu advanced and expenses� � .,`
<br /> t�is Deed of Tra�st,plus iaterest at the highest iate in effea, fmm rime to time.as pmvided in the Evidense of ..�..,,..,�',,
<br /> ' : -. . : �- a debt by Tcuswr to Beneficiary and aay D�ed --.-.- =,-.==-.-•. •:
<br /> -. ' � B. Tn�stor's perfoimanoe under the tecros of any instn�meut eridensinS -'�.:��. f.
<br /> • . • � of Tcust secauing,guarantying•or other�vise ielating w the deb� - . ::,'.: _
<br /> j . �,':: . _
<br /> � If[¢�e than one pasoa sIgos ttis Deed af Tmst as Trustnr,each Tnutor agc�s that this Deed of Tnut wIU s�all --_ -,;�=-;:`°� ,:-:: _,
<br /> .�- ��aad fi�ttue o8iig�sioas descrihed abave that ate givea w or ia�RY any oae or moTe Tn�sror,or any _ ;:_;_";-`_S},�;�<<�i�1i:,:
<br /> :?.� one or mare Ttastor aud at�s.'['�is Desd af Tnrst w�l nni se�ure aay athQr debt if fieuefraacy+faits,aritb�P notioe of• . .''-.,r ts�,_.,. ,, •`'�.'r
<br /> . ''� OthtL de17C�to ffik�3a5►L�U�Ted SbU11I L$is ITeeK�Of TRS[OI lf BCZLCC[Ci3iy�5�8!O glve aIIy�1lt�e� '.4s j:ix�t6,•+�..;:;�./�� �;'i;"
<br /> disdosrne ��s�� %u�•r:;s'",.,�,
<br /> ' ; the rigt�t of res�foa. �` =f `,;.. `���;''-
<br /> -...� ; r ` : . '� ` :
<br /> .:5� 5. �A�i'�S.Trossr�r agcee�o�make all payme�s on tt�e�eevred Debt when due and'm accordance with the temis of the __,, ��-_
<br /> ' . Evtdeace nf Deht or tSls�ead e�'Camst. , :�'�'��='�'
<br /> :;.� , • ,.•:,.. • ` '�
<br /> � � -�i 6. WARRAI�ITY��'t�.E.Ti�tnr coveua�sss t�at Tn�stnr�;t4p�ill�seizsd af s$e eseate:�cittveyed by this D�wanants .r:��`�- --`
<br /> . - . and has ihe Uct•�vocably grant,t�omrey and sell ta T�i3e,ir3t��.F�.A����OF�Y , , _'
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<br /> . "`1 dtat the PmpertY Lx vusn�a�mbeced,e�ccePt for enrumbrana's a�'r�-.,,`.::;;.', � . �; ., .• �.., Y �, ;,;r ,t --__:
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<br /> .�, '��*ents,k�s,�.tease��45 gm�at'�+ f
<br /> �at ' ��� p, '�
<br /> :='� ?. CLAIMS AGAIlVSf Ti'I'i�-Tmswt w�l pay all taxes. ��-� ,� to�'ar��:Y � ` .t
<br /> '� - ,��� �.aua otl�c�S���the Pcoperty wher�slSu�:.'�eaeficiazY maY re4uire'�mstor to.p� ,.�� ,: °; ..,..,.-�`_-
<br /> the g ' PaY�.'I'ctutor.a defend•'�Ja to
<br /> • -��:; oogaes of all aoticxs tttat snch amuunts ffie atr�•�1 �evidencin Tn�stor a � � , ��-�.:,,�_
<br /> _ . dc�.L?�o,peity ag�inst an►Y claims tt�at would i�ffie li�t�this Deed of TnLSt.Ttuswr a�tb a�si�f�fl Beuef ctat5+.or _.. `�`'4 _
<br /> , : re�aested by Beaeficiary,aaY rigtets.�'�r v����ich Truswr may have against parties v�supp y �
<br /> �: ma�ials w impmve or maimraia.cE�e F�ses�p': , . ��.
<br /> .t . , ::.'' , .... �;
<br /> � '�:,- ' � ,� e deed of tn�st.sea�xity►agreem�t or offier lien ,
<br /> . -` S. PRIOR SECIJRITY II�ITERFbTS.With��W�Y�mortgag , �,..
<br /> . :`;�' doa�aent thaz cc�ated a prior s�urity i�ni'Kz�mbrance on the Prope�ty�d that may have priority over this De� . . -�`± , .r
<br /> s�": , • ' .�!�.
<br /> y f��.. of Trust,Ttusw�a�: .: . .
<br /> � �' A. To make aP��ayments when dne and t� ,�'.,rm or�lY with�11 covenants. ,,.
<br /> %;� �' To tl deliver w BeaeEciary au9 nouces c�Ti"xr�4ar reoeives fmm theholder. 4'-�'�����
<br /> �• Pra�P Y � or t aa funue advances u�r ffi►Y _ ,� ,� �.:
<br /> .. �I '� °�. Not w make or pemmit aag r,aqdificatton�or � 2�:-.amL�erta i�equesc a.�cep Y _
<br /> - '•' i'� the othei �i±.�f txu�u�seatrity agreement»Iiless$enefiCiary�� .;,,� �':
<br /> �,.� note or agreecaeut searre�t�, ,��, � ,.� , ����.
<br /> _ "_• '� ia writing. � `�:�its o ion,declate the etu�.'e��a�`t�tr'Sec�red Debt to ',•;{„l�{�f
<br /> ' � 9. DUE ON SALE OR ErIICUNIDRANC�.�?�:�3`��,, In �" ,�
<br /> '; �
<br /> � be immediately due and paYable upon t�a�i�sr���iar;,encumbraace,aansfer.�s��,qs�for any of these b ! �. _ .
<br /> � � f on the PropertY. However.if the Pmpz�•firn�,�s�1'cr,�a�m:''s reaidenee, this secaonu�d��ti�i'r�c to the nstrictions , +c-=�s t:
<br /> : -s• le.�C�`�pu�p�of this secti��ri9rz, ,�'1��Y"also inclndes `}�;�=-
<br /> • impDSed by fedetal law(12 C.F.R.59l),a�� _
<br /> � . `', any iaterest to aU or aay part of the Pmpe�:�1�:��venant shaU run wIth the Progc�t�,'z�i.ss�3.�in effect until the ::•1 - -
<br /> gecured Debt is paid ia foU aud this Deed of'IYust is released. ,., , , ,-.; �'.�.,;:. � �n. �
<br /> s�an a nanual on(sueh as a ' � �"T
<br /> - �. � � i�.'D�3A.�1SFER OF AN INI'ERF,S'�IlN TNE G�tANT�L�B,.�1'n�stor���a�i.'ratity o� P� . _ -
<br /> ,� :: eo�,,-uation o:other organi�atioa),BeaeRclatY maY dem��mnediate p�y�ment if(1)a beneficial interest in Tn�swr ia
<br /> � .:•p`� . sJ��r tr�sferred;(2)there is a change ia eitfler the idi��y ot muat�wf inembers of a pariaerstup:�y3ao demaad � '� '�.
<br /> (.. :s .� ��e ia ownership of more th�ZS percent of the votit�stocg of a��catioa.However,$eaefu��ay ,..:q ��-,
<br /> ,. ��eat in the above situasions if it is pmhibited by law�of the date otf N�Deed of Trust. � , _ � �
<br /> � r�,�,:
<br /> /,� ��"`'.,{' ' � ll.ENTiTY WA�tRA1�Pi'IFS AND l�tF%P�ATIONS.[1F TmstOr is aa endty at�shan a nataral petsoa(su�t as a � r-,,r,�4 t �;� ,
<br /> _ - �:i. ' .. `: ' or other or " 'on),7Yustor makes w Beneficia*Y the folloaring aarra.�xs and representatians wharJn shaU ' .��t;��;�'#:.
<br /> ��,� .. corpoiatton � ` .
<br /> = � be conti�ng as tong as the Secur+ed Debt reroaias outsta�tdlag: . . ' t:, ':' "' ..
<br /> _ • A. Tnutor 9s au eadty whicb is dnly org,anized and validly em..King in the Tnrstor's state of incotporation (or . `; . .
<br /> �� or on).Tmstor is in gaod standIng In all�im wbich Trustor transacts basiness.Ttustor has the power '�. ,�
<br />�,-'� . � �ndg�riry to owr�the Propeny and to cas�?��+n:�yi',s husiness as aow being condueted and, as applicable. ls •�:,,
<br />- ' . quatifce�W do so in c�stste in whleh Ttustot�c�rati,�• ,�'���'.�
<br /> - � 8. 7Tae ex,�cuT�on.delivery and gerfozmaace of this Deed of'8'ricst tay Tn�stor anG the olsligation evtdenced by the "•'
<br /> _' � � Evidenntr�eit Debt are within t3te �oarer of Trustor. have bec� dWy authorized, have received aU necess�yr � �� � .•_�. ,_,
<br /> � • r' ' � � roval,aad vritt aot viblate any pmvision of law,oa order of caurt or gavemmental agensy. �: i�. ,; �
<br /> ' + Y� ��� � t ten ears and has aoi used any � •,•��;. > `r�';�t �`'
<br /> , .•, ..'.,� I j . C. �iHer tt�ah diss4osed+n arriting Tnistor ha�not c�ang e d its naate c v i t l�i n. S a 9 Y .
<br /> � `'':�;.'�'?� �` raurb i�rame. �Y' Pri writtea r.onsmt,.'Il'�ustor daes not and wi�rnoe use�y �',;.;�'':;��,��,�, •`
<br />-`ti�' '.ti�.���,... �:f; . . ot�r tta+de or fiaSt� Without Benefici s or t'he Secured Debt is sazFsG�d: . L� �`ti��:. :
<br /> � ;�.a_;�'� , '� , o� aad vvili�ve its e�ostiag name,uade names and fraachise.s unaik �� ��'�,,,'�;+���.�;, •:r�
<br /> c� . � ,
<br /> _ . , . , m and coadition . .
<br /> � ' II�.PROPEIlt'�'1i�ND�'i'iON,AII.9'f:IItATI�i�S MID IN5P'ECIRf1N.'�ustor will keep the Pmpe�t3►� S
<br /> '± . � and matie ali repairs that are reasonably necessary-Tmstor will give Beneflciary prompt notice of any loss or daaiage to . .�. I`'y. '�.
<br /> �'� . , , the Fcopetty.Tnutor aill keep the Property free of noxious weeds aad gtasses.Ttustor will not initiate.3ain in ar cansent �, • �,;. .,.
<br /> = I to any change in any private resvictive covenant� wning ordinance or other pubiic or private r�uiction� limiting or 4 ���':.:;,r��-,- � :i:°'�
<br /> �� art of the PraperiY.without Beueficiaty's priot a�t�en i � '�;�`
<br /> � defiaing the uses whicb may be mmde oE the Prop�ttY ur aay P • .� �:,�:•,
<br />-�' . . . . . . �a�; of all desnands.PmceedinS4• claims. and actions against Tmstor or any other ,
<br /> �, oonseat. Trostor will nodfy Heaeficiary nan
<br /> - - awner tnade tmder laar os segWat�an regardin�use,�ownership an�occupaa�Y of the Pcoperty.Trustor wiU oompty arit6 sii • . .
<br />- . . � . .,f �ega1 iequirements aad retilrictions,wdecher public ar ptivate.with respect to the use of the Fropeny.Tnutor also agree,s r. �
<br /> � �vill�tot cliange without Benefuiary's prior wri[ten consent. i
<br /> -� ! that the nanue of the accupaaeY a�1µse � .I _ . .
<br /> ��� wi11 be remuved.demollshed or materiaUy aitered without E�eficiary's prior written consent •
<br /> - . � No portion of the Property � sin a an af the Pro that beaome wam r-
<br /> �'' � .._ . eac�t that Tnutot has the right to r�ove items of personal property m�ri g P P�l'
<br /> - --_ _,----- page?otB =--,=- —, --
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<br />.�(; 1 Ot9938an�m�SMems.uc.5t CtaW.MNII$OP397-734tt FormAG/CdGT�NE tOr3C•97 ,
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