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<br /> Protnissnry Nflte in the amount . of �HIR�Y-FIVE THQUSAND DOLLARS �
<br /> . � (S35,Q00.00� p2us interest at ten (10) p�rcent .per annum, pa�able
<br /> in monthly installments of principal. and interest of THREE
<br /> ' HUNDRED THIRTY-SEVEN AND 76/I00 DOLLAR3 (337.76) per month on the
<br /> f frst day af. each mo�th, commertcing May 2, 1990, and oc� the f irst
<br /> day of each �a�cnth thereafter Ear one-hundred nineteen ( 119}
<br /> consecutive months, repayment of the principal and interest being
<br /> amortized over a twenty-year (20) ur two hundred forty (240)
<br /> , month period, with a balloon payment of TWENTY-FIVE THOUS&N� FIVE
<br /> HUNDRED �IFTY-EIGHT AND 51/100 DOLLARS ($25,558..51) being ,due and
<br /> paya6le with the 12ath monthly installment oE priRC.i:pal and �
<br /> interest on April 1, 2004r Each monthly insta�I�en�•���-includes
<br /> . intere-st _an the ung�.��: iaa�ance o� -principa�. .at:�;°tE�� annual •
<br /> percentage �at e o€ �er� .�LQ) percent p�s anitc� aiic�: � �monthly
<br /> installment payment cf ��ir��i�al in the am�se��s sha�ih on �the Loan - �
<br /> Amortization Sch$dule �ttarhed to the Puretia�e Ixcxriey Promissor� ' - '
<br /> - Note. The Purchase ?4aaey Promissory Note• �Zrr�x�i���� if default is
<br /> made in the payment of any monthly install�a�e�� �pf the Note, time
<br /> , � being of the essence, the holders or holder of the Note, upon
<br /> notice to the� �Maker, may declare the entire principal sum then .
<br /> unpafd, together with: the accrued interest therefln, immediately �
<br /> due �and payable. Zr��erest on the unpaid principal shall be
<br /> . � � computed at the highest Iegal rate until� paid. , •
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<br /> 6. TRANSFER OF REAL��l�fZOPERTY IN_TRUST: For seCUring p����nt of .�_`,.,,
<br /> the Purchase Money �missory Rote described in g��agr`a�h 5 o•f _ �".�.��``.;:':,; j ,.:�,
<br /> this Trust Deed, and €ar securing any future advances pur�,.�ant to � ; �i-
<br /> Paragraph 3 of this Trust Deed, Trustor irrevocably con;pzys to , � • °
<br /> Trustee, in trust , with power of sale, the r.eal ��oPerty .
<br /> described in Paragraph 2 of this Trust Deed. -
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