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201506754
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201506754
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Last modified
7/21/2017 8:31:25 AM
Creation date
10/1/2015 2:18:50 PM
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DEEDS
Inst Number
201506754
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■ r <br /> ��1 5�6754 <br /> De�d af Trust; <br /> (la� The performance of each a�re��ent, covenant and warranty of Trustor here�n <br /> ��nta�ned or set forth in th�Note�r any agreerne�.t or inst.�ument e�ecuted by Trustar in��nnectian <br /> with the ir�debted:ness hereby secured;and <br /> (c} Th� payment of any surYa. or surns of m�ne� w�th interest thereon which may be <br /> hereafter paid or advanced under the terms af th�s Deed of Trus�. <br /> N�W, THERE�'�RE, _T� PR�T'��T THE SE�URIT,Y' �F THCS DEED �F T1�UST, <br /> Trustor d�es far �`rustar and for Trustor's heirs, representatives, vendees, successors and assrgns, <br /> the owners of sai� Pro�aer�y, hereby expressi�-c�vena�t, agree and warra�t t� �d vvith the Trustee <br /> axa.d Ben�f�c�ary,aara�d their success�rs,vendees and assigns: <br /> FIRST: That the Trustor hereby �avenants and agrees, ta the e�tent permi�ted �� 1aw, as <br /> fa�lows: �a�ta pa�promptl�wl�en due the principal�.nd interest and ather sums�f mon�y provi�.ed <br /> for i.n the Note and ir� this Deed �f Trust; �b� to prom�tly �ay bef�re delinquency ai� ta�es, <br /> as s e s s�nents and at�ier charge s impfl sed by Iaw upon the Pr�per�, the Trustar�s int�rest there�n, or <br /> upon thxs Deed �� �Trust or the Note; �c� to �eep th� abave�described Propert� and the <br /> rmprovements thereon�n goo�. cond�t���and repa.i.r a.nd n�t ta comr�it o� suffer�vaste t.hereof, and <br /> e��ept as author��ed in any schedule ann.�xed hereto and for�ra�.ng a p�.rt�.ereof; �d�to mainta.i:n an� <br /> deliver to B eneficrary po�icies�f�.r�.surance against such hazards on�he bu�.�d�ngs and zmpr�vements <br /> �aw�r he�-eafter�n�ated on�r constituting a part of the Property as the Benef ciary sha�1 require, �n <br /> such compan�es and arr�aunts and wi�h such Iass pa�able clau�es as shall be satisfa�tory to the <br /> B�nef ciar�; that i.n the event of�oss, Beneficiary is expressiy authori�ed to �ettle or cam�romise <br /> claims under said p�licies and the pr�ceeds thereof sha.l�be paid to the Beneficiar�wha may app�y <br /> th�e same or any �ar� thereof on. the indebtedne�s secU.red hereby ar tawa.�cl the re�onstruction ar <br /> repa�r of sa�d bui�d.in.gs ar�d irn�ro-�rements or re�.ease s�.me to t�ie Trust�r; �e�ta pay any 1�en, claim <br /> or charge against the Propert� -�rhich might tak� �arecede�.ce over the �ien hereof; �f} ta pay on <br /> d�mand a1� ��ga1 e�penses,t�t��searches, appraisal�r attorneys'fees reasonably in.curred or pa.id by <br /> B�nef�iary to collect the N�te �r foreclose or protect the �ien of this I�eed�f Trust; �g�that in the <br /> event Trustor shal.� fail to cornpiy with the provisi�n.s nf�a� through�� abave,th��eneficiary may <br /> expend such funds and ta�e such a�t�.on as is necessary to rem.edy su�h fa�].uxe and all.sums paid by <br /> th� Beneficiary pursuant hereto with�nterest at the rate hereinafter�rovided shall consfiitute a�i�n <br /> �p�� th� Property, shall be secured by this Deed of Trust, and shal� be immediate�y due and <br /> r�pa�al��e to the Benefic�ary; �h�not t� sel�the Proper�y or an�p�r�ion thereof without�hhe apprava.� <br /> af the Benefic�ary in vvrit�ng; a.nd in the event af any sale herein prohib�tec�, then the entire <br /> in�de�tedness secured by thi� I]eed of TLrust sha�i; at the optian�f the B�n�fiGiary, l�ecome due ax�.d <br /> payable; [�� that rf the Property or any part or pa�ce� ther��f sha�� be taken ar damaged u�der the <br /> power of errunent ��rnair�., the av�rard for any Pro�erty so taken or damaged ��.nc�udi-�g severance <br /> darnages to the rernain�.ng prerni��s) sha11�e paid.t�th�Beneficiary axa.d app�ie�in full ar in par�at <br /> th� opt�or� of the F enef ciary in redu�t�.an of the �ndebtedness hereby secured; �j} that the <br /> B�net�ciary sh�.i� ha�e t�ie right t� inspec��ne �roper�y at suc�.reasona��e tarnes as tne �enez�c�ary <br /> m�y desir� to determine T�ru�star's c�mpl�ax�ce with the covenants contained �n this Deed of Trust; <br /> �k} that the B�neficiary may rel�ase fyam the l�en hereof any��t or�arcel �f the Praperty v�thout <br /> re�uirin.g any co�siderat��n theref�r, and [�� that Trustor �s ��wfi�lly sei.zed of�aid premises and <br /> Property i.n f�� sirr�.p�e, that the same are free from al� Ixe�s and en�umbranc�s except as ma� <br /> �t]herw�se be s�ec�if cal�y not�d herein or waived iri wr�ti.ng by th� Bene��iary; that Trustor �Il <br /> �xecute or proc�ure any fu�rther necessary assuranCes of tit�e and does hereb�warrant generaily the <br /> ��t].e�o sa�d Property and w�Il forev�r defend the sam�again.�st the claims an�.dernands of a1�persons <br /> �vhornsoever, and that 7Cxustar's se��rate estate, whether vest�d, ca�tingent �r in expecta:n.cy, is <br />
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