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<br /> This Deed of Trust is given as additional security for that certain note
<br /> date$ January 9; 1974 , having an original principal indebtedness of
<br /> j $ 3,0 , 000 . 00 , and having a current outstanding principal indebtedness
<br /> of $ 25 , 684 . 77 :
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<br /> Togather�� with altthe � hereditamente aad aDDnrtenancea tLerennto appertatning, ae tar as �they ma� aow or � here-
<br /> atter, dnrin6 the term oi thte deed of traet, beloag to or ba naed ia eonnection wtth the occuDancJ ot oay building oa
<br /> � the �atd land„os Lhat may be Lsrsitter erected thereon, all heatin6 and ventilating apparatue, gAa, - electtic light sad
<br /> � F : �� � . otLer�.�tlztaree,' whether � attached�� to eald premleee or� detached thereLrom. � � . � � .. � �. � � . -. ; �� �
<br /> � ' � �Thte coaveyance, however, fe in truet � to � eecure tha promBt papmeat of the �storesatd lndebtedneen, and any�: snd
<br /> . ; :� � . eli��ather lndebtedneea �that mey become �due and ��ow1n8 to the � beneficiary under ihe terme of thU lnatrument.. and �s �
<br /> � cnred Lereby, inclnding the yayment ot any sum whfch may be ezpended or any lndebtedaesa whleh msy De iacamed
<br /> by the benetictary herein, or sny owner or holder ot the note or notee eecured hereby, in the paymeaL ot premfums tor
<br /> '� � � � Iasarance, or in the .payment of ta:ee on tLa eald proyerty, or in the paymeat ot attorney's feee and/or other lfams ex- '
<br /> � Danded in tha: .protection oi . tLle . aecurity._ I2 all iadebtedness eecured hereb� �hall be promDU� p�id when dne� and .
<br /> � .. � demandable, lncluding ell � intereat due thereon at the rate Lerein � specified, tLen Ya that event � thte �coaveyance shall be �
<br /> nnll. and vold„otherwlse �to remaiain tull force and effect, But 1f detaalt ts made Sn the paymeat o! the �note or nptee
<br /> 1� � � becnred ��hereby, �or � ot �any � inetallment t6ereon, or ot any lnetsllmeat ot fateraat ea prortded herein, � or !n the :paymenY
<br /> � � � whea� dne and demandable ot � any oiher item of �lndebtednese eecured hereby, or ihe lntereet theaeon, or� it �detanlf Se �-
<br /> ' msde 1n� �sny other convenanC heretn �. coatafned, then and fa tbat event Lhe enUre princfpsl enm secured . her�aby. �wfLh ati �
<br /> ', ��� � � lnterent � aad �� chargea . accrued � thereon, and ali �amovnta eecured hereby, ehsll, at the �opdon ot� the� beaellclary, or the
<br /> , �� .. �. � � owaeT� or� . holder of , satd nota or=nptee, be and become . at � once due aad . ➢BYatle, aad the trustee heraia aamed, or
<br /> �� � � � htt� �ancceawr . or euecesaors, ehall, et� tLe �reqneet . oL the beneLlefary, or at the requaet ot any owner�. � or holder . 01 �the . - .
<br /> � d � � � � �. note � or notse eecnred hereby, sell said property snd land, or a sutticlency thereof ta eatisfy the ludebtednese aforeeaid �
<br /> " - � . thea � uapafd. Such. eale ehall be made by givfag notfce ot the ttme, place and terma .oL sale sa reQuired � b� $ection �888 � �
<br /> � ���:' � � oL tLe �Misaiselppf Code �of� 1942 and amendmanta it aay �thereto , aad tha truatee � ehall make deed to tLe pnrchaeer or
<br /> � j �`. . � ynreLeaen. : 8hould � the benettciary, or tha owner or holder of the note or notee eaeured hereby be a corporation, �
<br /> ±� - � � � then ia anch� .event a declaradon of default to the trusiee, and a requeat for eale Lereunder, may be msde bp any otftcer � � �
<br /> ?` �.�. � � �� the;eot. �' If khe Ea.nd covered hereby !s. eitnated in iwo or. more countiea, or fn i�co jud3cial disYrScta o1 the sama county. . . � �
<br /> ; ; � the iruatee may selI the whole iu any u[ the co¢ntiea, or in eitLcr ut [he judicisi diat�ictx af a uuunty ia which any part � �
<br /> � ot�.� the�: land liea. � Out. �ot � Lhe�� �procaeds o! sale the � truatee aha12 ffrat pay the cont ot adverUeing and making the eale; .
<br /> � : ',� and� e@condly;,�he ahall :yay whatever lteme�. may have � been iacurred and remaia unDs�d in Lhe protection ot this aecurlty : .
<br /> � � � � then � Le shall. psy sueh � of the� items � ot indebteduesa eecurad hereby as may be outekanding ln the order of their ma- � °
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<br /> tnritq, ��aad any Da3ance remaiaing fn hie haads ehall be dellvered to �� the grantor, or to his proDer repreaentativee. � �� ., '
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<br /> " � SBeIIL9�.,OT al91g318. . . . - . . � .. . . . .. _ �(k � r .�A'.•
<br /> r � � It ' is agreed And und�a'etood, by and '� batween � the Da*ties hereto Lhat this� conveyance fa esecuted and 7ntended � � ja ' +' � �
<br /> �i to be, sad ia hereby made aubiect to the toiTowiug covenante, stfpuletloae and � conditions, a11 0[ which shali be bind- � � �� ,�� ��
<br /> iag uyon . tLe partiee Laretn and each of them. ; 't: �
<br /> �� , �*. : ': , I�7�sE. Ia .addttion �. to tha lndebtedaees i�peqliically menitoaed above, and aay and sU exteasiona or �renewals ot � � '�� �
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<br /> - � � the eame, or sa.y part tLereof. ihis� coa*eyhnce ehall aieo cnver such tutvre and addittonal� advancee ae may �be made to � � •���" ' -
<br />� , . � " . " � the gtantoF, Or �either of..�.t2iem, by, the beneficiary, � nnt tq� exceed :the eum �. of E1E5,400.00, the beneflciary to be the . sole � . �.. ,
<br /> ` � ��. . �udge Ys to wheYher or not auch'�future and addlfloast advaacea .ahe.l�i � be made. � In additioa to a11 ot tLe abore, it fa � . � �u:. �;
<br /> � lntendad tha4 this eonveysaea abatl eecure, and it doee eecure any and ali debte, oh29gations, or Ilsbfiitiee, direct or con-
<br /> � ttagent, oi ihe srantor here3a, or either of�� them, to tLe beaeficiary, whether aow exJstlng or hereatter arising at sny
<br /> ' time befora ectnsl canCalistioa ot thfe lnetrumwnt �i.n th« pnfitir r«r++rele ef mortgwgea anA �dnwdx ot trunt, whetTer the � � � � - �
<br /> aama be evidenced by nnte, open sccouni.. over-draft. . endorsemeat, R�Sreaty os otherwiee. � . .
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