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89102895
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Last modified
10/20/2011 2:08:23 AM
Creation date
10/20/2005 9:37:24 PM
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DEEDS
Inst Number
89102895
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L <br />89-+ 102895 <br />S. The Tr%wtUgovenanla and ogre" as follows: <br />a. He will promptly pay the iodebtedsecs evidenced by said ptotsiaaory now at tar timing sad is the <br />mssser domis previded. <br />b He will pay all taxess, srsersmeats. water rates. and other goversauatal or municipal charm fise4 of <br />itapeddeass for which prevision has sat boss made hsrNabsferas sad will pomp ly deliver the cloud tw <br />SAM tbeWW to too lleasficiary. <br />C. He will pay web expenses and (am as may be incurred in the protactiea and maistesasa of said <br />property. inahhding the fen of any attorney employed by the Beneficiary for the celkedom of any of all of the <br />be labteiaeso hero ►y secured, or such expenses and fees as may be incurred is any foreolowrs sale by the <br />9iwta, dr court proceedings or in any other litigation or proosedisl aieotiss mid property. and aammye <br />face reasonably incurred in any other way. <br />d. The rights created by this conveyance 6114111 remain is full force and egos during any peatraaestesl <br />er mussism of the tiers of toe payaant of the iadtr" evidenced by Mid male or my part tberesf assured <br />beseby. . <br />e. He will continuously maintain hazard insurance of wail type or types and in sue► aawsts as the <br />Deseielary may from blue to, time requim on the improvements now 4w hereafter on said property, and will <br />pay preomply when due any premiums therefair. All insurance shall be carried in awposies meoptable to <br />Bemoieiary and the pelieiaa and renewals thereat shall be held by Neit*&iary and have attached thereto lore <br />payable tiou is favor of and in form acceptable to the Beneficiary. Is the eittat of {e6alrus ton will give <br />iannediate notice in writing to BMfiCiary and Btnefteiary may make pr000t tor 'M hid ant imadq prtplly by <br />Truetorancl each intourattce company concerned is hereby authorized and directed to mtako peywAnt fee Such <br />lee directly to Basafseiary instead of toTrustalrand Beneficiary joiatly, and the insures" Peace" . su any <br />part she et. may be applied by Beneficiary at Etc option either to the reduction of the 1whIstedaw hereby <br />aaetareA or to the restoration or re*ir of the property damaged. lob the event of a Tru l es We or ether <br />transfer of title to said property in extinguishment of the indebtedness secured hereby. all r41116 11" tai <br />hatted of the Trus t Ph6 and to toy insurance policies then in force shall postal rice opdm et rho l kmsieisry <br />to the pun&wsr or Beneficiary. <br />j. He will keep the acid fheanime in as good order and condition m they argil now and will not comtosit or <br />permit any wars, dwreol. reasonable wear and tear excepted., anti istdae event of rho failure of d taTtuaXalso <br />keep the bulidimga as said premiss and those to be erected on said presthee. er improveatem" thanes. is <br />Baal oersairi tba 8~11eiary may snake such repairs as in the Beneficiisry'e discretion it stay dare necessary <br />fer the proper prerrvatkm titeroof. moll, may caste paid for weh repsin �i::1! dear Imltast sewn tar date eI <br />r-ts71=929 at 9—" seen ar»rwd i, tee sere. ebadl be due and psysUe as demand std shay be tally oaettrd by <br />ddb Decd of Tnmtt. <br />g. He will sot without site prior written consent of the Beneficiary volumtaeily create or permit to be <br />erected against the property subject to this heed of Treat any lien as Bose WOW or superior is the lien of <br />this Deed of Treat and further that he will keep and maintain she same (roe from the elsim of all perms <br />Supplying labor or materials which will enter into the cormtuction of. any arse' all builditya new be 06 <br />ogomd w lobe enedod "amid prentiw. <br />h. He why act rent or maige any part of the rent of said property or demoolieb, rumve. or wbataatielly <br />shoe any bdihng without the written consent of the Beaefaeiary. <br />9. In the evert theTruat9cfails to pay any Federal, state. or local tax amemmmt, imaome tax or other tax lieu. <br />charge. ta, or other expense charged w the property lteeeinaluwe described. the floaaficiary is hereby authorised to <br />pay the arms earl any sum so paid by the Bessfteiary shall be added to and become a part of the priaeipai amount of <br />the imoloobsedeme evidenced by said promissory, note. If tlteTru%tc?rahall pay sad discharge tits ioddgodmm evidenced <br />by said promissory cote, sad shall pay such Nuns sad shall discloser all taxes sold Sue and the Costs. bas. 4111t <br />exp Oman of snaking. 6shceing. ssd executing this 11eed of Treat. then, upon written request of, <br />aenoticiary and the surrender of the Deed of Trust and the note to the Trustee. the <br />Trustee shall, after payment by Trustor of the Trustee's fees, reconvey the property to <br />the Trustor, or to the persmn'or .persons legally entitled thereto. <br />10. The Trustor covenants.-that he is lawfully seized and possessed of and has the. -rtsht <br />to sell and convey said propergq that the same is free from all encumbrances except, lfels;- <br />and encumbrances now of record,..and that he hereby binds himself and his successors In interest <br />to warrant and defend the title aforesaid thereto and every part thereof against the lawful <br />claim of all peranne whoasoever. <br />11. Rer betear meority of site indebtedness hereby secured. theTrustor upon the regnant of the Beneficiary. <br />his Swenson or swees. shall execute and deliver a suppletmental mortgage or nt,oriters, covering any additions. <br />imprrv6arestsi er brttameata mmk to the property hereieabove described and all property acquired after the date <br />hereof (all in !area astiafacttx� to grantee). M'urtltertsorr, ohouMlTxuatorf�il a cure any delawit in the psymest <br />of a polar er inkrier eacumbratom on the property described by shin inetrumeat.Ttrueto.rheeeby agree, to permit <br />Batfitdery so cum such default. but Benefiriary N sot obligated to do so; and such advances shay Meows port of <br />tar is/aiooissss mewed by We isstruasent, sub)sci to the same terms sad coaditmem. <br />IL ♦has ON awards of damages in eenneesion with any condemnation for public we of or injury to any of said <br />property are hereby essix"M cold shall he paid its 8enefiriars, who may apply the some to payasest of the installments <br />Wt dos trader "a sate. and trio Elesefeury H ttefehy suttw salad. its the sawn of doeTrr.;Krar tii3taEtta end deliver <br />valid ssgoinaeeas thereof and to appeal fro.. any such award. <br />7 <br />
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