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A � <br /> . . . a . _ . . . ,_t t. . <7` . , . <br /> -.. �. � - .a . , � . � � . - � -- - - - <br /> - - - .=�:_-- r� , � i,.�1o06�i� - <br /> . .. _ . .. ..:. <br /> , ...... <br /> . .. :,.....�_ �..� <br /> - � . <br /> � . . . _ . . .. <br /> ___. . . .: <br /> _::.;� '4�3s.Deed of Tra.t aha11 secura: ` . � , . -- -- <br /> n,�,. _ _ , ��:�u - <br /> 3lrrt� .. . :` .- y�� ` y� � ,� 1. �� . ^"...."�"' <br /> o � , _ . . : —���_"`.'��--�i--Lli��rr�n�r�1-���_,ahq--i� YQtLf�'_1 = - - 3.:._l �.� <br /> ; <br /> - ' '__ . -_ �_ r,�a� <br /> � .evideaced by Borraaer's Constsnction Line of Credit- . ��` �`��= <br /> n �r 4`4 ` <br /> �. -�� t�raw Note dated � Pebsuaryr 6 , !'19 91 , havinq a �;' �' <br /> `<�<_-: - - : -�atturity date of tlarch 1 1 � ,�. the oriqinal . ;t � " ��'�'`=- <br /> _ :,� prluC#pai.atonnt o - Dollars _. . , . <br /> i� t� �S.D00.041. aad any an ca ona. extensions. , $ �<'�:� +`� '� <br /> ;,r,}:-4.`• • <br /> _. - ..;�}:,�s °- and rene�+als thereof.or thereto and any and all future . . � <br /> � � .�� � advances and readvanaes herennder pnrsaant ta one oz <br /> `. • - - �- �norG presissory notes or credit agxeeaenta .Iherein �� J. . . .. <br /> �iY, ..i � -_Lf•"..�• R w�j - � z .. _... . i <br /> ,��,,�;... called Note _ <br /> �,` <br />•. ��:�'��:°� ` , . _.. <br /> �� �` " " (b) The payment of_ other sna�s advanced by Lender �. � <br /> ��'-;-'�-�.�i;�•- ta protect the aecurity of t�te Note= . <br /> .:`��.� _ . k; . <br /> ;_,::..:..,.;'.:� , . . <br /> � �� � �c� T�ie pesformance-of aIl c�veniam�-;aacT agree- '.t:. , -- _, _ . <br /> . _ .. mvnts.af 8o�ern�rer set forth herefnr �,y�� ;:���:' --- :;`:�-''`.:��;�� ��, <br /> ._� ��::��T�-: _ �.};:`. 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' " -� . '��.�' •� <br /> ,�� . � �. :�,; , � covenants �nd agrees wfth Leader ns follos+si � ,. ,'� <br />. ;- ,.�, . . � � <br /> . . . _ , � <br /> � � : 1. Pa � ent of Princi al and Intesest. Boxrower ahall • , � � <br /> � � � pso�apt�y pay ahen ue e pr nc pa o an nterest on, and any , .. � � <br /> _ - � lees or ehargea provided in, the Nata os in this Deed of Tru�t. ' ' . ' <br /> � � � 2. Title. eosso�es is the as�ener of the Psoperty ancl � , <br /> - E has the right a�authosfty to convey the Property. � � <br /> � �.,�' . _ � F . <br /> - � 3. Taxes, Asaessmen�s. Except when they ase aon- � ' � <br /> � teste8 fn gand fa t , to pay w en due ai2 taxes, sperial assess-.�� � ` . � <br /> � � ments an� all other charqes aqafnat the Property and, upon � <br /> ' s+zitten demand by Lender, �o gay �o Lender such amauat as may be � --- � . <br />;•�': ��:;�:.•;:� ' sufficient to.enable the Lender to pay su�h taxes, assessments or . � � <br />.��:',��'�"`;:'��. ��: . other charqes as they became due. <br /> ,.{,,, _ <br />;;'��,::';�:`-:'<�; � , ' : d. Iasurance. At the beqinning of co�stzuction or � � . � <br /> „`::y`::`;:;::• ' ` • ....� .,. renova��a� af . lu�dinq, to keep the Property insnsed aqainst . . -- <br /> �`�`��:�,f���;���.� _ damaige k�y Eire, hazards fnaluded within the term "all siak ' <br /> � .�;:��:, coverage', and such other hazards as Lender may require, in : .: <br />�� �-`���'•� � ��;=';�%� " a�ous��s and with companies acceptable .to Lender, intluding a ' <br /><:,:...::.:..:..: ' � . . <br /> ; �..;, ;•; . . . � standaad mortqaqee clause with �oss payable to the Lender. In <br /> �:�:�r�:�:��+��� � . case oi' loss under such policies, the Lender is authorized to <br /> . •`���'`'� ' adjust, aollect and compromise all claims thereunder a�d s3�a11 <br /> � ;��; � ' have the opti.on of applying all or part of the insurance proceeds <br /> t.,. <br /> ''�•"��_�' � t�) t� any indebtednesa secure8 hereby and ia such order as <br />. . ,,:.; . <br /> � Lender may 8etiera►ine, (ii) to the Horrower to be used for the <br /> ' . , repair c�z restora�fon o� the Property. or Iiii) for any* other � <br /> • � � , puspose or object aa�isfactory tio Lender without affectinq the �� <br /> � . lien of this Deed oF Trust for the full amount secured hereby <br /> � � beFore such payment ever tc�ok place. Any application of proceedg <br /> � ' � to indebtedness shall not extend or pos�pone the due date of any <br /> .. gap�eents under �he Hote, or cure any 8efault thereunder or here- <br /> : �,:::, .: : � under. <br /> .` ���� � 5. Maintienance, Re airs aa�a Gom lianae wfth Laws� <br /> � : ;�r"��:`��;:,� : Bosrower sha�.l Yceet e Prolerty n qor�. .��ric� t �n an ,re a �» . <br /> � ��� � <br /> , P , <br /> � ; , <br /> � ,'� ��+f t 1�`�i � t ,��,•.�.. ��taall ��amp�Yy re�ais a� repl.ace ara�r �re�re��t .�sT�-ic�. ,cray �ti�€ � , ' �- _ <br /> . , , ;ti;�/i!;�� `� ;,��f', ? ,�3II�'���.'�;.axj-�f'.&�0��(3,'.�� ��311 4IId�.�Gt}F,.fii7ra:; �4'�,'��7'�i'u�'�•! � � . 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