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<br />89- 102'(24
<br />IOPROTGCT iflt SECUNITY()F TFligIRUS1 DEED TRUST ORNEREBY GOVENANiSANU AGREES ASFULLOWS
<br />1 PAYMENT OF PRINCIPAL AND INTEREST. Truisms ,hall Promptly pay when due Ili(? principal of and Inlorosl on 1110 lndoblodnoss
<br />evidenced by tho Nolt) and all alhof charges and loos a, ploy led In the Nnle and ihci principal ut and interest on any Future Advancossocurod
<br />by this Trust Eared
<br />2 WARRANTY OF TITLE. I ruslor I% lawfully sem'd and possessed of good and:ndelf"asiblP I. Ile and Ps tale to the Properly herebV conveyed
<br />and has the fight to grant and convey the Properly the Properly ,S bee and cleat of all liens and encumbrances except hens now of record anti
<br />TioStor will warrant and defend the title to the Properly against all claims and demands
<br />3 MAINTENANCE AND COMPLIANCE WITH LAWS Trustor shall koeplhe Properly in good repair and condition and shall not commit waste
<br />or permit Impairment or deterioration of the Properly and shall comply with the provisions of any lease It this Trust Deed is on a leasehold No
<br />improvement now of hereafter erected upon the Property shall be altered. romovod or demolished without the puorwrllten consent of Beneficiary
<br />Truster shall Comply with all laws. ordinances regulations• covenants conditions and restrictions affecting the Properly and not commit. suffer or
<br />permit any act to be done in of upon the Properly al violation of any law ordinance, regulation. covenant. condition or restriction Truster Shall
<br />complete or restore promptly and in good workmanlike manner any Improvement on the Property which may be damaged or destroyed anal pay
<br />when due. all claims lot labor performed and matonals furnished therefor and for any ahotahon;: !hereof
<br />4 INSURANCE. Tlustol. at its e■ pease• will maintain with insurors approved by Benehc ary,-,t;,,lrance wlRl respect to ther°r•.provemenls and
<br />personal property. constituting the Properly, against loss by fire. lightning, tornado and other Gel „s and hazards covered Yv tandafd extended
<br />coverage indorsomenl in an amount equal to at least one hundred percent 1100 1,,) of the full r4pl acemeni value thereof and insurance against
<br />such other hazards and In such amounts as is cuslonlanly carried by owners and operators of s. rr.lar. properties or as Bene.f,,riary may require for
<br />IIS prolectlon Trustor will comply with Such other requirements as Bonet,cla, y may from time to rlm.e request lot the pr ofe: .t I' by insurance of the
<br />interests ollhe respective parties All nsurancepolc, eti maintained pursuanitothis Trust Deed shau name Trustorand lk ~t?f-.ciaryasinsured.as
<br />their respective interests may appear tnfl:jr.,vifte Iii,lt!herobe no cancetlal,On fir modlfrcalion v,lhout at least 15 days pr Ur wfilten notification 10
<br />Trustee and Beneficiary may procure such•n,utance naccordancewithiheprovrstontOfparagtaph6hereof T 'ustor shall deliver toBeneficiary
<br />the original policies of insurance and •enewalS thereotnr memo cup eS of such policies and tenewa;s (hereof Failure toftlrnish such insurance by
<br />Truslot Or renewals as required heteunde; Shall at the oJhon of Beneficiary constitute a default
<br />5 TAXES. ASSESSMENTS ANCI CHARGES. Trustor shall pay all taxes assessments and.efr-er charges including. u. N-, ut limitation. fines
<br />and lmposdrons altnbutable to.the Property and leasehold payments or qfound rents. it any, Cc'f ;!a the same become 0 e')oquen1 Truster shall
<br />pr amptly furnl sh lobenehCu!'•r3hnolicesofamounteuueu nderinisparagraph and • nfre event T•..S lur shalt •ra.keiDayne^t•olrecvy Tiustor shall
<br />prcimplly futn sh i)
<br />receipts evidencing,',)ch payments Trustor ,hall pay all tare;'d 3.i%. 3SSi ?�$r'ta:Tis rirl�h may be IR4ft ;d.upOn
<br />BN ^etlC,a7/ S,;ntL'rj3S! fie ?''ir /`
<br />it upon t':,S Trust Deed wilt oul regard l,, any ,arty Ihar,ttay be end•'( @:: —PCy 1- 4.caym ?fit O MO whole ci 3r:y part
<br />rrv-,:Ct.4Ja�u' fhf? ht1nl)ftCif3' Y l a::
<br />' ;AT
<br />6 AiDDiTtQIVAL Ova hNQ PROTECTION OF BENEFICIARY'S SECURITY. T f ustor ,hall make all payments of mtdrr,st and pt-.nc Ual and
<br />paymenls of any other rhaSfp7r;, f•Ies and expel,se, - f>m.acta•d to he paid t0 an); •,x,stmq of ,ub,e(juent ;,f;nhplder OF beneficiary Lflder any j
<br />existing Or subsequent ^ndrtl;;r)t3 ar trust deed betcre the dale fhc•y die do Wi7lenl Cr in default and pramplly pay and discharge any and del Other
<br />hens claims --ir charges whtchmay; egpaM .zetheserpntvgranledh(rrp.r VT• J!, tnr fails to• nane any such payment or falls to Perform any ofthe i
<br />cvvitimmis and agreements container? 77 iris i r fct UBed fir lh(• Note teferred to herein or in my print fir I it Sequent trust deed. or If any action or - —
<br />prOceedlnq is commenced which mate, j!;p , ffe,;',5 eenef:c a,y <. irteresr m the Property -noluding, but not I,m:tedto eminent domain pror.eed•
<br />:figs. proceedings involving a decedent nct (:e r,f < a f,,,; y Trustee. nc)t•re of dc+tai)lt by Trustee. mortgage 1dn; closure action or :f Trustor fails to
<br />pay Trustor s debts general', as trey become r!v? ". " «a • ganef ciary at Bene',riaty 5 option and without eCtu,?!v or demand upon Trustor and
<br />A:dhoul releasing Truster from any obhgatior hf f e .t' ,i : —aV IT' -Ike ,uCh appearances disburse such Sumo faiake such action as is necessary
<br />to protect Beneficiary s ,motels •nclud,ng but ^, I ' ^, t(Id to Sbursement of reasonable atfl)rney s fees payment . rvrchdse contest or
<br />comprom,sl r,! any er.curtbrancu charge Or l en ;;', • purtth.. B•uptrty Its mane ropafrs or (1f ?,,;aration of delau't under this Tlost Deed In the
<br />event that 7r tu%CJr shall fall to procure insurance F ;;.;_ _5v laxv% ,t,sassmen /s or any other cra: ges or to make any paymt —IS to any existing or _
<br />subsequent be:nholders or existing or subsequent b °,;: •at,es Beneficiary Indy' procure such - nsurance and make such payment. but shall not _
<br />b.•3 obllga!ed fo do So Ar,y amounts disbursed Cy 13, * %c,ary pursuant to ih,s Paragraph 6 shall become additional indebtedness of Ttustor
<br />secured by this Trust Deed Such amounts shal! be+:-3vable upon notice from Ber,ehcfary to Trustor requesting payment thereof. and shall bear
<br />.et!ereSifrpmthe dale of d,sburserneot al tree Iat(. havao,e from +.mfF 1'. t „e• oh (,,,I% ping prtt:'•p 3 .0 niter Info Nntn:)r IrSg payment OtmlefeSt a1 %Fy
<br />:fuch rate **Jc be contrary to app!,cat'(: aW ,a :; h t•vCM, ,(r amount <, ;rile hear nreres• , -,'the h gnest ra+(- oerm,yy 51e under apphr able
<br />idw Noth; ^4(-, nlalned in this Patag,ir ', �e y : •E a LiCnt }:f ill s lu r, .rr ,)•,y t xpen�e w faeE any dcl'o- PerPur drif
<br />7 ASSI;C3NMENT OF RENTS. Berc+.; a -, ,#,a„ Rave ihf• fight po'ere, .-it'd authority antinq the rom,n.;�_-- •:,;.,;r ti) s Trust Deed to collect the f
<br />rents. Issues and profits of the Pro e•t,i -1g Of an I r; • f! , ,r '
<br />R p y Per p ,pe y c, cited with u: Ndrlout laKi ^.�, 1; :ssass'on,;tthe property affected
<br />hereby.ard rr�5tor hereby absolute y 3 ^d uhf Und Fur.dlly ass ghS al'sur n reels SSUCS and pfOf rtS ib 89rr.' • ^y gerE1,C. •3'y, however, hereby
<br />consentst0 the Truster s collection ar•7,:e•ent•On of such rents -ssu(,% and wolgs as trey acrrr,,'- ant!. ecG ^"e ,:ayablei so'rrg as TruS10t is not at
<br />sucn lime. in default wt!h respec! to payr^ent of any indebtedness secured hereby o m the p �: ri -.: :.e•ctar-; agreement hereunder Upon any
<br />such default Benef,c-ary may al ary time either ,n pef%Or by dyet'i �' by a teCe'rer tOdti dprG: r ?._'!Pp' 3 :: -•_.'1 w.irioui notice and without regard
<br />tothe adequacy of anv security fot the indebtedness t,E •eby secured ;a) ente• ups„ arc ta.a �. ;.:; �,,c:,:Y.'(:F rrt• Proi)erty o• any part tt,ere0f and ,li
<br />its own name sue to! or o !rer/v•seco +lects;,chfents -ssuesdrap o',IS ,n l dryllUSepd%td.�a ::,,npaid and apprythesame lesscostsand
<br />expenses Of operat u:, and collecl,Of` rfic'uCtrig roasonab!e attceney S fees .,von any indeb!'!cness secured nereby ar%d in Stich order as
<br />Beneficiarymaydetermire lb)perfo7n,s,chdCfSOIfepai, a,protect,or, as may Oil necessary or otoper loconservelt�evaitie0tlheProperiV Irl
<br />lease The same orany pail lhe •eofforS:.chrental tef•ml anrj ipcn5uchCOnd :tic ^sas.ISl,+dgmenTmaydfctate dtletminaleU,adlu,ithc + tefm,antl
<br />COngil,OnC fit gx,%!rnq Ied5e5 Unless Trustdr dad ROnr.!,r,:ar ythr:rrpt agree ut,•e, wise n' vif,bng any app "rat,On OT rprits. -Ssues ur pruf,h to any
<br />rn !Bt)ErOf't.,, sv( ured t,ere0y Snaf' nOT extend Or p051pUne it a due datF• fir Inn mSla ,moil pd y,cenlS a, pr Ov.de(i 'n sa,d promissory note fir
<br />change the amount of Stichinstal'men15 The enter, rgupon anti lait rgpus%eSSr.;)nof toe Pi overly the rot :ecbonolsucIt rents issues and plot 11,
<br />and the appl:cal-on theteot aS afute Sa,d Shah rot WArye Or rule any flftlduil r)f r cillco of detainl ht ^e,.nde• fir n:al -date any act done our, want to
<br />SUchnol,ce Trustorar;0assignStoBeref,c-aty asfurthersec„ r,l y to, lhPt, e• f0• n, dnCeOtthP Or)1'gaT,OnS,e(uredl,ereny ahpropa-drentsande•-
<br />monieswh.ch may have been or way he,oaflet becieposaed with %a -d I r,.r Slof by any lessee of the Prcperfy to secure Ihepayment!;r;try rel %tp:
<br />damages or upon delaull in tree performance of any of the provisions fiervul T rustu, agrees to dei,ver such rents ar• d deposit~ tc 13r•t•.)4 c•dr y
<br />. •70 t••a
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<br />ya � rnKnyTnn, �^ tC` rruUVrngSa ,t7p'�m,:n5,nannncurnr r,n•h'.rl,; r, .,
<br />said lenant 1U pay It•rt to ttre T3FFr.e1•C - dry unt f fuflher r:0!.Ce
<br />0 CONDEMNATION. it T,t;f• fU any !,,/•1 Ut tin: Property badi' tin taxes, •n r.oroer11-at•un (,:: ! f•r'd,ngtt by r'gr t fit •,rn,r,f•r t r ,n
<br />a� F•..n (1 all a4va,d, daniagw ar if ot,, r•F'd. drF• b,•r,•(f./ BSSrgnr'd a ^t1 ,-, d' h., l• r ,1 I. a .. • ,fill
<br />4y10 %",a•( avu;y Suc is awards damages aril proceeds 10 tr,e sucn Secur('d by 'o- 1'-r t Diivd w'r, III(, excels d ,iny ;,•, =f to l , ,r. , tI• ,
<br />If'ce,aes rl. ny rnt,fa t;r O'f•ef •n!OIlndItGn regatd'ng %uCh i)c1,OnS or pro( Pod
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