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200103413
<br />TOGETHER with and including all and singular the tenements, hereditaments, appurtenances
<br />and privileges thereunto belonging or in anywise appertaining, whether now or hereafter acquired,
<br />which shall include, without limiting the generality of the foregoing, the following:
<br />All of the rents, issues and profits, including all rents, royalties, bonuses and benefits under any
<br />existing or future oil, gas or mineral or other leases; all easements and rights of way; all rights of
<br />homestead and homestead exemption and any surviving spouse's marital or distributive share, and
<br />all other contingent rights in and to said premises; and
<br />All fixtures, improvements, buildings, and the plumbing, heating, ventilating and lighting systems
<br />and equipment therein; all of which shall be construed and considered as affixed to and part of the
<br />real estate.
<br />All of the foregoing estate, property and interest hereby conveyed to the said Trustee is hereinafter
<br />collectively referred to as the "Property ".
<br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors and
<br />assigns, forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted
<br />unto the said Trustee, Trustee's successors, and assigns for the purpose of securing:
<br />(a) The payment of Trustor's just indebtedness to Beneficiary in the principal sum of
<br />Thirty -seven Thousand Dollars ($37,000.00) for money borrowed, with interest thereon, all as
<br />evidenced by and in strict accordance with the terms of two promissory notes, one note for $1,500
<br />and one note for $35,500, hereinafter collectively called the "Note ", bearing even date herewith made
<br />payable to the order of Beneficiary, executed by Martin E. Gonzalez and Patricia C. Vega, Husband
<br />and Wife, and providing for the payment of said indebtedness in installments, subject to acceleration
<br />of maturity on default in the payment of any installment of principal or interest or in the performance
<br />of any covenant, agreement or warranty contained in this Deed of Trust;
<br />(b) The performance of each agreement, covenant and warranty of Trustor herein
<br />contained or set forth in the Note or any agreement or instrument executed by Trustor in connection
<br />with the indebtedness hereby secured; and
<br />(c) The payment of any sum or sums of money with interest thereon which may be
<br />hereafter paid or advanced under the terms of the Deed of Trust.
<br />NOW, THEREFORE, TO PROTECT THE SECURITY OF THIS DEED OF TRUST,
<br />Trustor does for Trustor and for Trustor's heirs, representatives, vendees, successors and assigns, the
<br />owners of said Property, hereby expressly covenant, agree and warrant to and with the Trustee and
<br />Beneficiary, and their successors, vendees and assigns:
<br />FIRST: That the Trustor hereby covenants and agrees, to the extent permitted by law, as
<br />follows: (a) to pay promptly when due the principal and interest and other sums of money provided
<br />for in the Note and in this Deed of Trust; (b) to promptly pay all taxes, assessments and other
<br />charges imposed by law upon the Property, the Trustor's interest therein, or upon this Deed of Trust
<br />or the Note; Homeowners Association Dues and taxes shall be paid to Beneficiary on a monthly
<br />basis and placed in escrow. The initial payment shall be $65 per month for taxes and $40 for
<br />Homeowners dues which shall be adjusted as needed; provided, however, that in the event of any
<br />change of the law providing for the taxation of deeds of trust or debts thereby secured so as to affect
<br />this Deed of Trust, the entire indebtedness secured hereby shall, at the option of the Beneficiary,
<br />become due and payable; (c) to keep the above - described Property and the improvements thereon
<br />in good condition and repair and not to commit or suffer waste thereof, and except as authorized in
<br />any schedule annexed hereto and forming a part hereof, neither to remove nor permit the removal
<br />of any timber, buildings, oil, gas, minerals, stone, rock, clay, fertilizer, gravel or top soil without the
<br />prior written consent of Beneficiary; (d) to maintain and deliver to Beneficiary policies of insurance
<br />against such hazards on the buildings and improvements now or hereafter located on or constituting
<br />a part of the Property as the Beneficiary shall require, in an amount not less than the total
<br />outstanding indebtedness herein and with such loss payable clauses as shall be satisfactory to the
<br />Beneficiary; that in the event of loss, Beneficiary is expressly authorized to settle or compromise
<br />claims under said policies and the proceeds thereof shall be paid to the Beneficiary who may apply
<br />the same or any part thereof on the indebtedness secured hereby or toward the reconstruction or
<br />repair of said buildings and improvements or release same to the Trustor; (e) to pay any lien, claim
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