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<br /> ----�f---- • �►arraat eo and Mitlt th� Tru�t�� aad Il�n�l�ioiss�. and th�ir ivaa���rs. ���
<br /> _.��,:;;s.-�,�,a�;.� �ad a��iQa��
<br /> l38�� ?hat th� ?ru�tor h�r�by cov�nant� �nd a�r���. to th� �xt�nt �
<br /> p�raite�d b� 1aM� a• follant (�� tio psy pxaspLly �rh�n dw th� priacipai and
<br /> iat�ca�t• aad oth�r �wa� of aon�y pcovid�d for ia thw Noti� and ia thi• D��d of ����>�
<br /> �= Tra�t; �b) to prewptl� ps� Mfor� d�linqu�acr �11 tas��, a�����m�nt• aad otlkr -'
<br /> �,�� -z�� ah�rg�• i�apo��d by l�e� upun th� Prop�rty, th� Trwtor•o int�r��t th�r�in. or `-
<br /> ' �1� upoA thi� D��d of Tru�t or th� Not�� provid�d� hox�v�r� tbat i.0 th� w�at af _
<br /> - ,,�`��u;'�: , �ny cluu�e of th� l��r providin� for th� taution of doodo of trust or dobto �s�`'
<br /> �'�''..::. � �.. . ,
<br /> _";�� "�'-„y�,;.,.�+�; ' tbereby oecured �o a• to aff�ct thia Dsed of Tru��t. the sntire iad�btadusao _-
<br /> � �� y'•�'-� �°�� �' o�cur�d her�by ahall at the option of tho Beneficiary becoms dus and payable= -
<br /> '�,;�� :,; ,� � '.; =-
<br /> � (c) to keap tbe abov�-deocribsd Property aad ehe improvemento thereon ia good
<br /> �„ . 4 ', �,'-�=
<br /> ,. � condition and reptir and not to cwnol.t or �uff�r �raste theraof. and ezaept a•
<br /> =�_�� , suthorised ia any oahodula �nnos�d heroto and fosaing • p�rt hereof. neith�x �`�
<br /> ,—'.;�i� �,'4 ' . ''t to remove nor pes�ait the renwval of aay timber� buildinga. oil. �as� miuerslo, --
<br /> ,=i-.•.i;�;:.�. •
<br />_�; , �.., ., , etone. rock. clay. fertiliser� gravai or top aofl pithaut the prior aritten �•�
<br /> - • �:'�;.:., ;�;�.,�;� �.
<br /> � �r'�� �� conasnt of eeneficiary= (d) to m�intsin aad deliver to S�neficiary policiae of �-.:
<br /> �; :�;���,;;�t�:�.�'. :#i ����•
<br /> �,,�;��,;:: '�;.,,,,kict'� iasuraace againet such luzards on the building� and improne�ae�nts now or ,-,�
<br />��'��!<<;°;: ''�y�• hereafter located on or constitut�ng a part of the Proper�y as the �e�teficiary �K^
<br />,_;�t,�l_� i.: �' ai...:.
<br /> ,. �;�� ehall require, in euch companiea and aaounta and wilh ouch bc+ap �pstpabAe �::
<br /> `�`�'`'` ��`i'tft - ciauaae as aha11 me aatiafacto y J-
<br />�;;•, ;,; ',,,��,;�r;. ry to the bQneficiar i �5aat in tdn� ev�aa¢ �f
<br /> •�l���� �, �Ti loso. Beaeffci�ry io ezpresaA� autharixed to �ettle or compromiaQ claiasa v��1er � ,,;o.
<br /> ��� ' �� .': '�'t` said policies aad the procerrd� thereQf aIlwAl be paid to the Be��efitiary who
<br /> ,:J,;' ,. .. ';'`-
<br /> �`" � ��' �aay applq the oame or �ny �art there�m� an ��ae indebtedneoa aocu�e�1 3�ere�q or �°•��"
<br />_=.�;;:;,,' n =�.�.
<br /> ";�3�" ' ' ��n�'. toaard t4e recoaetructiou ar ra �r Qf oaid buildia a aad im rove�aeAts� os �'+"°•
<br /> �.�.�.,4, • .�;;,�.,, ��:�, P� g p �.,r
<br />�V`�'�''� � '� ' . relesee oame to the Tru�tor= (e) To an lien. claim os clur Q � �i.�amt tlie ' v�
<br />,_t�',,t1: .d.. .��. . = '� �9 Y B 6
<br /> ..�ztii �: �'' Prapertq which might take precedeace over tha lien hereof; �f! to pay on "'
<br /> ��i; �;�.,��, dewaad all legal ezpenaes. title aearehea. a�raioal or s�+tto�ueya' fees ,:="`_
<br /> d.,,,,• t,r� -
<br /> 'N reaeonably iacurred or id b Beneficia to callect tbe Note or foreclase or "'°`�`
<br />._...:in�`;9.' ,.�_r•��. Pa Y 13► ����,�.
<br /> -'j��f� '� �''? � protect the lien of the Deed of Truat; (g) Thet in the ev�ttt Truator a�ail
<br />.��3!;'�?'.��t ;.� ' {.fs�;�,. �'';.'r:.
<br /> •..ti•�,�;� fail to complp o►itb tlw proviaioao of (a) throug3i (f) abDVe, the Heaeficiary
<br />`�-l"R�'."� << ' may expend auch funda and tske aucII� satiou as is aeceaeary to remedy euch �_
<br /> ��}��f`� ' �'� ''' � failure and all auma paid bq tDas Beaeficiary pusauant hereto wi.th interest at ,,,�..
<br /> . ,.,�, � _1 *� ,�;ti
<br /> '� ,;;,� ;:��`•,� ' �``'. • �:, ths rate hereinaftes providee7 ahall conetitute a lien upon the Property, ehall ���
<br />' .r, , d,:.�:::
<br /> � �' " +�+{���:� be secured by thio Deed of Truet. and ehall be immediately due and repayablo _�
<br /> -__,- to the Beneficiaryt (h) not to Ra11 thA prnparty or +�ny pnrtion xhere4f= oc, -
<br /> � �? if the Truotor io a corporation. not more thaa -0- x of ite corporatQ etock �,;,,
<br />�.e.•. . !�iY::y:•�' ' ehall ba aold. tr�ded. or distposed of to persone other thaa the preaent ovnere -'
<br /> . .,,, . ,; .�`
<br /> -•-"� ' ��;�� of euch etock prior to the time the indebt@dnese aecured hereby �hall luve
<br /> d'"' t '�"�� been reduced (excluaive of re a Qnte othQr than ae rovided in the oaid
<br /> t«.� , ,�,�,,�, : .. P P Y�► P =
<br /> ' • ° Note) to $ -0- = and in the event af any sale hereia prohibitad. then the -'
<br />`�,��;� � c`�t+� •� eatice indebtednees secured b the Deed of Truet ehsll. at the o tioa of the �:-�
<br />_'�,;;;;� �t"����''��,+��� :�,�'-.• Henef iciary become due aad payablQ i (i) that if the Property or aay part or �`�
<br />:'�•�•� )�����";.•�;�'• •`•� parcel thereof sl�all be takea or dame�ged under the power of emineat domaia. `-�'
<br />•;����' ' `'' "�'�`'} °�'r� ' the sward for any Property �o taken or damaged (including aeverance damages to �'""`
<br /> � ��� . ,,...,,,.,., ,
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<br /> �.�r � $�� � • • � the reaawnin remieea) �lull be aid to the Beneficia and a lied in full
<br /> B P P rY PP ��`,�`.
<br /> ����.:i'.; �;;;;:�`'� or i�a pttrt at tha optioa of the Benef3ciaxy in reduction of the indebtednesa "" -'
<br /> � �.._.
<br />�'��%��i:'� ' ���•'• hereby securedi (j) that the Beneficiarq ohal� have the right to in9pect thd 6.'•�
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<br />„_,�. �c:: �4��1:�•` �;• ;:. •;��.� Pro�ertq ac auch reaoonable times ae the BenBf3ciary may desire to determine ,;;
<br /> r ���+t%'''� {��'-� � � ' � ` " Truator's compliAnce with ths covQnants contained in thie Deed of Trusti (k) ''-"�
<br />•'' � �� �f�yy'�' �����',��x�' � that the Beneficiarq maq release from the liea hereof any part or parce�. of �ti.,•
<br />.,,;'�: . �1',, � , � ��_
<br /> �., r.-. ���'.b,�,•• . the Prog�esty withoat requiring any coneideration therefor. and (1) that ���.;
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<br />�' �•; :�.; � ���h��. ,.�,; •, .i Tzustor 3s laafullq seized of said premisea and Property in fee simple. that �,��
<br /> �,:�?;.�;;1.� '-•,,. •,��: . . . the aame are froQ fran all li�ena and encwnbr�nces except ae may otherwise be `h,,:
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<br />`:;��;�„�`� `� ' .:�" •;..'. .i Lonn F-196824 Page S of 12 Iaitials�,j,;1y, L� S� � .
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