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<br /> Januery iS, 1993, having a weturity date o! January 19, 1996, in —_ _
<br /> - .t �� -- -� ;:,,�;. ttae ori�inal priacipal auaount of Savwnty-�iva Thou�and and Bo/100 ___ ..
<br /> '` • � � ' Dollara �$7S,000.QO), and a�ay and all aiodificetiona, OZtOT1a�0Ao
<br /> .� 8..Is..
<br /> • � and r�nava�s thoroof ar tDeroto and any and oll futura advaaa�o
<br /> ,�; '':;�: ,. , ,_. : and re-edvences to Sorrovor (or any of thaa if soro thau� oaa)
<br /> -- her�euaider puise�aeaa� to c+ne Qr �ora pro�iesozy notos or credit _ _ -
<br /> ;� ':: , - agreeuen�e (�ere�a cal�ed �ID10'ktiN): (b) the pnyatent o! other sume ---T...=.-�_
<br /> ..,,�-.: advanced by Leade�r to proteat the security of the Nate j (c) the ��
<br /> .- � �°' � � �. �`� perforwance of all covenante and agreemeats of Truetor aot �orth o„"�-_
<br />-__ -: • :;>�• .- hereia; and (d) all present and future iadebtedaese aad obliga- �_`__..-_
<br /> -=���� ; �' � '�• � t3one af Bc�rrower (nr aay of thw� if nwre tha�a one) to Leader �_�_
<br /> ,"?!_ �>� � �, _ n wk�ether direct, iadirect, absolute Qr continqent and whetber �.� ,..�__
<br /> �`� arisiag by note, quaranty, overdraft or otherwise. The Note, ss•: =--
<br /> -����� �:���'�'- . this Deed af Trust and any and all other docwnen ts t ha�t eec u r e . ,Y,�-�
<br />��--.; �:�,�lF;�,;'R:�1",;�: ."+''i•- ,
<br /> � tbe Note or otherwise executed in connection therewith, 3ncluding
<br />-��, .. . ��:,..a. R,.,,....,::.� "� ,,. �� �„
<br />- � �' • without limitation guarantoes, security agreentents and a�eiqn- .
<br /> s�.�,,. � . ��� :> �=���.; ments of leases and reata, ehall be referred to horein a� the �_- ----- •'
<br /> . `�,.;'SrJ � ��;� NLoan Inetrtmtente". — _.
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<br /> Tt3US'!�R COV6�iANT3 AN� AQREES WITH LEITDER ]1S F�LYAWS: �:•`�°`;"�=�;r—d=-
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<br /> y-::.•�`f' t�r �1� �arr t,a� '
<br /> �'r! ,��'`4�:f,: . ,',' S'' `,�. � �. �at�t�ua�n�. o� Y��d�ebte .c�ra�oos. All iadebteaAner� �ae�uaced r` :"k��F�t��'
<br /> ''� Fa�:�,++�j�� ,�; ;�, �n�er��y s t¢a 1 1 D�e �p�a i d r��n e�s d u e. �'j � r`
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<br /> '( l�. 7�1 l t yl - � 151alTIR�/a�'�•
<br /> t a; 5 fi�Ar(7,
<br /> �. � . " ,�.�.. 2. �. Trust�� ls tm� o4ra�a� of t9ne Prapert�. �•�s �t�ne , .y,# �°Y!'.�';,
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<br /> ' � '''` �';;�°"'' ,� ;�, ` � : riq�t and auth�x3.ty to cor�v�e� t�e F��og�e�r+ty and warrant� +tha�C tk�B � ., „�—`-
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<br />;':.fi:`,��. ..�S,i • lGir;, �wi� .:. •
<br /> ��.���..,., �;: lie�m c�eatsd 2ner�ebg i�a � £�1�'st �n� �p�c�br lien otn the Proiper�t� a�d �;�,,,`1,, .:.,r--_
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<br /> '�;'� ' itt.'iK��,` . �{i• .r:. . �. sn,;;:::���'��_:�^'
<br /> ;;�, ,i,', t.;�a- , � :� tme ezecmtio�a and deli�reay of the Dee� o� Trust does r��t vi�o3a+t� '.�',�;{�.:,,:.,;-:-�;,:.
<br /> ':.�'�' .,:�s;;..; ;, �� any aon+trm�t os o�.�er �blia,�ation to wDa�.ch �rustor is suib�ect `: ;J.;; '_
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<br /> r ;`�.'^'-"T'-�+.,.�^:� 3. �gYes. �saessmentr�. To pay before delinquant a21 taxss, _-��-�_""`"
<br /> � � . � ���:� specisl assessments and all other cbarqes against the Propex�y � -.
<br />` .,;,: � . � now or horeafter levied. � _
<br /> • �:�"��. �' • '� 4. �suranc�. To keep the Froperty ineured agninst damege ��-
<br /> ���.
<br /> � ' ' by fire hazards included with the term "extended coveraqe" aad ;�p,
<br /> "` euch other hazards as Lender may require in amounts auid with com- �'�
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<br /> '' � x��� �`"�. . peaies acceptable to Lender, naminq Lender as an additional named �
<br /> ��y� „ ��- <<�� insured with loes payable to the Lender. in case of lose under W.� � -
<br /> � ..r.,.. � �;r,4;,,;;�,ra•s•'--
<br /> sucb policies, the Lender ie authorized to ad just, collect and �s,;�...,��.�-_
<br /> �'�', . ..:�, ���- � compromise all claims thereunder and shall have the option of � � ^
<br /> / ' . applying all or g�art of the iasurance proceeds (i) to any indebt- ' � ' „�
<br /> ( � edness secured h�reby and in such oxder as Lend�r may determine, �, .;��
<br /> • •.�a ..,, , ..;��_-
<br /> j,. ' .-� �-. ;:; ;;:•;�•; : (ii) to the ��rustor to be used for the repair or restoration of ��1�i�,�,,�,F,��.
<br /> +�° '�� '! �. the Propeaty , or (iii) for any other p�rpose or object satis- ti .��,t+f -
<br /> +tr ��iF
<br /> � 'i,:`�!�'',�, �t' z � ' factory to Lender without affect3ng the lien of tihie Deed of ���� ;�'�t�; '"'
<br /> i,' � '.t>Et; Et}�,�r., �,i�•`f',' ��i�,t.ti ..--
<br /> ,� ;::,�.Sy�ti�i.�,�,�,i,�;..••,,x ,-;., Trust for the full emount secured hereby befo�e such paymeat Ever .. ,,,.�
<br /> -���";�,;y�w�`�'���s:•� � took place. Any application of �roceeds to in�lebtedmess sbal� �-� -.,�,,;; :�.;,
<br /> - ,'•'y���'���,���"�,:�:'��,�� ~ not extend or st ne the due date of any payments wadex t�re �°;r{';':i�:;'if::'�
<br /> c 4.rt�•�;tir_`•.,: � � �.
<br /> i'���`��:'`E?�`� '`��' �'-�,�� �' Note, or cure any defau�lt thereunder or hereunder. (���;�� �"� �:•:};�'�"-
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<br /> � .. �:��.�:A_.'.1'• 'p9:ylq ��"� '��� _
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<br /> ��.�`���� `� 5. Lscrow. Upon written demand by Lender, Trustor shal� • � � �� �--
<br /> � • -;.� �rr:;•,�:.
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<br /> pay to Lender, in such manner as Lender may designate, eufficieant :y.;,ti,y;..,.;:.;t;`�
<br /> }.�,�.. ;...
<br /> /. ., ewne to enable LQnder to pay as they become due one or more of ' ;;,,,�i:'�;;��
<br /> .,:,. .
<br /> i��' " � �he followinq: (i) all taue�, assessments and other charqes .;;,;t��'';�;`.,';.
<br /> � ��`� against the Property: (ii) the Qremiume an the property iasurance � �? �
<br /> �� required hereunder, and (ifi) the premiume on any mortqaqe insur- ;
<br /> , � � ance required by Lender. •
<br /> �
<br /> �,•� � ; " � 6. Maint nance RegA;*s and Comoliance with Laws. Trustor
<br /> �• ,; } shall keep the Property in qood condition and repair; shall
<br /> . �� promptly repair, or replaca, any improvement which may be damaqed
<br /> � or destroyed; shall not coaimit or permit any waste or deteriora-
<br /> � � . �_ tioa of the Property; shall n�t remove, demolish or subetantially
<br /> _''. ._ , a._ �ti.., n..........�.... Sy:.°.Zt ^^� ��Ln�ni�
<br /> .'. _. " .. 81L@L' i�1Qij oi Ltt�s tu��iti"v8wvia�o i+ia wao c.vs..�...J� —•
<br /> � �•�' suffer ar permit any act to be done in or upon the prope�ty in
<br /> � � •' ����f���'�� viola��.a�� of any law, ordinance dr regulation; and sha11 prom�xly •�
<br /> ��``���'��� '�?����'%����>��''��� ��i cflisctnas e at �'trustor's cost a�;� exg�ense a13 liens, encumbr�a���s �
<br /> .i;�;:�,; , �, ,;��rl,l.t;�:,�.i+',; .,,;;,,: � �
<br /> .,,�.: . , ,�,},,,.,�?;,�i,,,.;,.�:,. ... , and cB��r�t�e� levied, iao�sed ar �ssess�d agsinst the ,�rmp�r�y or �
<br /> � ..�•.,:,����+h,�;��,,� ,, anY Pa� ther�mf. .
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<br /> ' .c,; ,.. ., ;,�.�°.;t�. 7. E�ia��a►� I?aa�ain. Leader is here�r ���i�gn�d all aoanpean�.a-
<br /> .�' • ' '� ' �� '';����t���; �� tion, awards, a�a�ages and other payments or relief (hereinafte�
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