v _
<br /> __^�� - --- -R�c,��,�� -�-- �-,F. �., �i r���-�a.� �$:�nrb= �; -� ;
<br /> .. ,,�. �, .� I r . r�ik�,�?���,�_ �<t� .-,�d _ t1r �' �
<br /> `� , i`�..�5:.: , ...i�.0. 'a .. f . { j1 `;1;;.1
<br /> , , � • , .. �� .. I
<br /> .' �� � � ... .. � . .. � �
<br /> ' •�
<br /> - .� _ .� . . . . _..,f -. ] .. _ i.L:......... �.. � _._. _
<br /> l . - .�9:7: .. . ._ . . -� �o -wsa.i,p�h.m+rw�r,�pcue,.:a....,, �.:-. ... . . . n- - -
<br /> �' , � .
<br /> ..� _...._�u....._.... .�.M.o tat.s„i.n.hwa+. � v,!-� 'L . .. . � _ -
<br /> .:� ._....:Y_'::�_..,.._.....�-'"'"_. ':_!'_"�"__S__=+�t���.�.... _- .... - -� . ..,.. ... —.
<br /> P � -
<br /> • •
<br /> "-o,.�..� . $ '
<br /> ,.�,
<br />: ,�� � 9�- ��� _..
<br /> .. ';�. this Deed of Tcust and Porttr�r that hc wiil keep and maintain thc snme frce from the cin(m of nll
<br /> , , persons supplying labor or materlals which�vlll enter into the constcuction of any and u1l bufldinaa
<br /> ��. now 6eing erocted or to be erected on said prcmise.s.
<br /> - �.� h. He wiil not rant or assi�n any paet a4't!►c rcnt af soid pra�erty or demoiish,remove,or substs�nttally
<br /> . - alur any building without the written conse�►t of the Benefictary.
<br /> ,,,,� ^ 9. In the event the Tnistor fails to pay any Federnl,stnte,or local tax asse.ssment,income tax or other tax tien,
<br /> '4r` ' charge,fx,or other expense charged to the prope�y hereinabove descrIbed,the Beneilciary is herebyr authorized ro pay the
<br /> same and arry sum so paid by the BeneSciary shaA be sdded to and beoome a {�act of the principal amavnt of the
<br /> - : -=�t indebtedRess evidenaad by said promissory aote. If the Trustor shaU pay aad discharge the iadebuMess evi�easxd by satd
<br /> _ r promissory note,ead s��sucb snms and s1�a.0 dIsctiarga ell taxes and liene and th�oasts. fces,a�d expenses of -
<br /> , , making,enforcing and this Deed of Tn�st,then.upon written request of Beneficlary and tho sumender of tlee
<br /> � Dead of Trnst aad the nou to tUe Tcustee,the Trustee shaU,aftta payment by Tmstor of the Tnrstoc's fees,r�eoonvey tYut
<br /> - pmperty w the Tn�stor,or to the persoa or persons legaUy entii2�thereto.
<br />.: ,... ;.
<br /> �, 10. The Trustor coven�s that he is la�vfitlly seiied and posses.sed of and lu�.c the dght to sell a�d oom�ey saId
<br />:=�.� :��-� Prop�rty;that the ssme is free from all encumb�ces e.�coep3�.�►s and enaunbiaaces aovr af�record; aod tbat he hereby.
<br />`�.�'��_:;;;� A binds himself aad his successors irc intexest to warrant aad ch..fend the title aforesaid thec+�to acud every part thec�of a�inst
<br /> _ - We lawt6l claims of sU persons�vhomsoevcr. �
<br /> _T���::;', �
<br /> � ' I 1. For better se�urity oF the Indebtedness hereby secured the Ttustor,upon the request of the Bendficiary, its
<br /> successors or agsigns, shall execute and deliver a supplementa! mortgage or mortgages oovedng any addidons.
<br />�~��'r:�r improvements.or bettermems raade to the properry herelnsbove descrlbed and all properiy aoquired after ttre�ate ha�oof
<br /> _, ;`y�;�<` (all in form satis�ctory to Grantoe), �rthermore, should Tnistor fail W cuna any de�utt in the payment of a prfor or
<br /> -� �w infertor�ncumDranoe on the properiy descrlbod by this insuument,Tn�stor heroby agroa to permit Beneflciary to cum sach
<br />:.";=��'� defa�lt,but BendHaary�S not obligaced to da so;and such advances shall beco�e part of the indebtodnas secured by this
<br />.,:;�.,�,.~�'� instrument,subje�t to ttie same terms and oondiBons.
<br /> _:��� 12. That aU awards of damages in connection with any oondemnadon for public use of or injury to any of said
<br /> �-�� P�➢�Y�hcntry assigaed aad sBail be paid to Beneficiaty,who maY aPPly the same to pay►ttent of tlro Installments last
<br /> - ---- 3��sssd�s�f@ stci�sad the Bet�Sciety Is l+�.*+eby e�2t��..4n the:name af the Tmstor w exec�:ta an��dCllver walid
<br />__._:�,.- _ . , acquivances theccof and to appeal fram aay such ativard. .
<br /> °�"�"°'� - 13. Tbe iitr.wacable dg�t to appoinr a subsKtute Trustee or Tn�sttees is tuttby expressiy�g:antad w the �
<br /> -�-�'�,�� Heneficiary,his sueo�ssois or assl�as;to be exerclsed at any time hereafter wIthout s�'in&�3'F�an,tlierefor,fsy Sling - .
<br /> ___�-;.:::'� far noord in the office;!�here tlds lnsttument is reoordod a s�bstltudon of Tcusta. Prtor to•r8cordi�the subsst[wtfon of
<br /> -_--- Tn�sUx.a copy nf tbZ tnswna�nt of.t�e substituution of the sucassor Tnutee shaU be mailed.ta�tho'Tru,stor and aU persoas ,,
<br /> __- wtro have requested no3ice af de�ault and notice of sale by filing sucb requ+est with the office of regLster of�ceds ahere this :
<br /> --_- '' Deed of Ttust is reoorded.
<br /> ��:��
<br />°_-- 14. If more chan oae person joins in 4he exavtion of tt�is insirumem as Tnrstor,or if auyono so jolned be of the
<br /> -- feminine se.�,tlu pmnovns end relative words used herein siralt be ce�ad as if written in the plural or femininx,�specdvely,
<br /> aad the term"Aeaeficiary"shall iaclude any payae a�the indebtedness hereby secvred or aay assignee or t�nsfe�oe theroof
<br /> . whether byope on of Iaw or oihenvIse. The ao�venants herein oontainal sball bind and the rights b h ' gcantod or
<br /> -- - ' comryed shatl�wre:t�t1�iespxtive heirs.executors,adminisaators suooassors.and assIgas of Wo parties e,re�.
<br /> �';" ..
<br /> -- I
<br /> -- � IS. In oomqiliance witA SeNion 101.1(d) of the Rtilcs and Regulat�ons of thE Small B�ess Adaninistratton
<br /> �="'`� (13 C.F.R. 101.1(d)),this instYwnent is to be aonsnued and entbroed in axaNance wit�Applicable Federal Law.•
<br /> .�;ir,fi , .. .
<br /> �-'�'= ' R6: A j�icidl decree. order. or jndgment holding a�ry provisian ar poition�of this insuuraent im+alid or
<br /> '�� unenforaeable sha�ll;nol in any way impair or preclude the enforcement of ihe remaining proviston.s or portions of tt�is
<br /> �
<br /> �� 17: The sale of tde seal estate wlrich is the subject of this Deed of Tnut�vithout the prior wrIttea con�►t of the
<br /> �, Benefidary is agreCd to be a uiaterial defriult by the Twstor.and thc Beneficiary shall tave the option to declare the whole
<br /> ' indebxduess seoured.thcrobyr to be d�cs aad o�vfig and the power of sale confemed upon the Tcustes may bc eacc�Lsed
<br /> — ; . . gurs�mut to this dasaimsnt and applicable statutes:� " �
<br /> - . ��:�,�.� � . , .
<br />
|