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201503438
<br /> See Exhibit A.
<br /> together with all Trustor(s right, title, and interest in the property, now or hereafter acquired, including:
<br /> all buildings, fixtures, timber, timber to be cut, crops, and improvements now on or hereafter placed
<br /> upon the property; all appurtenances, water, water rights, irrigation, and drainage rights; all rents,
<br /> issues, uses, income, profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of
<br /> whatever nature, including geothermal resources; all personal property that may integrally belong to or
<br /> hereafter become an integral part of the real estate whether attached or detached, including any
<br /> appurtenances and accoutrements of any structure or residence secured hereby; easements and other
<br /> rights and interests now or at any time hereafter belonging to or in any way pertaining to the property,
<br /> whether or not specifically described herein; all above and below ground irrigation equipment and
<br /> accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the
<br /> property, now or hereafter issued, extended or renewed by Trustor(s), any State, the United States, or
<br /> any department, bureau, instrumentality, or agency thereof. The foregoing is collectively referred to in
<br /> this document as the"property."
<br /> It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure
<br /> the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are)
<br /> liable thereon, and all future and additional loans or advances, protective or otherwise, which may be
<br /> made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties
<br /> liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon,
<br /> all payable according to the terms of the note(s), credit agreement(s), or other instrument(s) modifying
<br /> the same.
<br /> Date of Note(s)or Credit Agreements) Principal Amount
<br /> 05/21/2015 $730,000.00
<br /> Provided, however, that the total principal indebtedness outstanding and secured hereby at any one
<br /> time will not exceed the sum of SEVEN HUNDRED THIRTY THOUSAND, ($730.000.00), exclusive of
<br /> interest and protective advances authorized herein or in the loan agreement(s); provided further, that
<br /> THIS PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR
<br /> ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL
<br /> PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br /> This Trust Deed will be due January 1, 2025.
<br /> Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that
<br /> Trustor(s) has good and lawful authority to deed and encumber the same, that the property is free and
<br /> clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) will warrant
<br /> and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also
<br /> hereby waives and relinquishes all rights of dower, homestead, distributive share, and exemption in and
<br /> to the above described property.
<br /> This is a purchase money trust deed.
<br /> Trustor(s)and each of them further covenants and agrees with,or certifies to, Beneficiary
<br /> as follows:
<br /> 1. To pay all liens, judgments, or other assessments against the property, and to pay when due all
<br /> assessments, taxes, rents, fees, or charges upon the property or under any lease, permit, license, or
<br /> privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or on public
<br /> domain.
<br /> 2. To insure and keep insured buildings and other improvements including fixtures and attachments
<br /> now on or hereafter placed on the property to the satisfaction of Beneficiary. Such insurance will be
<br /> App#:5315066; CIF#:68042; Note#:206 210PP Legal Doc.Date:May 21,2015
<br /> FORM 5011,Trust Deed and Assignment of Rents Page 2 of 5
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