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<br /> '=�'3 :. FCR VAIUA�IE OdKIDHlATION. iacM�nD fh�Yid�t�dn�ss indN►tifi�d h�nin and th�hust h�nin ctiot�d,th�nnipl of which is h�nby
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<br /> ���- � � <c�s� �ewity of M�Ifei�r,und�►and w6Nct b tlr t�and eonditiom of thts ONd of Tnat,th�nd ProP��d�suib�d ati fdlowi� _-
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<br /> .. . ,�K��� �,, The 8outh Nalf of the lfortheast Quarter (81/2NE1/k) and the North Half of the Southeaet �^.
<br /> �'�°• � �:.`:�,` Quarter (N1/2SE1/4) of 3ection 8even (7)� Townahip Nine (9) North� Raage Twleve (12) '� :
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<br />'--,s(�_,,� tmGETHfR WITH,all r�nts,profits,royoNNS,Incame and other bmefits deriwd from tM nol property:�wl4aoses a subboses coverinq th� �
<br />�:}�`:�{:,'.� � �. �;��, , �ea9 pro�erfy a any portian tMreOl,now or h�►�afur�xisting or entend iMo,ad aii riahi, t�a;�axi iniarest of Trustor tlSarsurs�. a!!in- �.
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<br /> fi�F.;�U , �•� n s� '� �.�. `" te►esrs,estate a oth�r cloims,both in law and in equity,which Trustor now hos or moy h�realter acquiro in the real pro�erty;all�asements, j=-
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<br /> �. t,.,�.. , '' .> .' �` rigt�is-of-wor, f�nenNnis,ha�edltaments ond appurtenances tfisreof and lheretos all oil and qns rights on�d proiits,water rights and woter ��;:_
<br />'�'�!`<;��?,'.: � � ' • .,:�-- "••t: staks dl ri t,title and imarost of Trusta,now ormed a hereoiter acquired,in and to anr land lyinp within The right•of•way of any street or �,�.-.
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<br /> i+•.,��:.".:, ,�a!�^s-^- .--;�';?;f� hiyhwoy adjoininp�►tk rea)propu�ly,any and all tiuitdinps, fiztures, impravements,ertd appurtenances now or hereehe.erected th�reon or -
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<br />.m,�,�,.. . .-���:=�•,� �,;,,:'��"� b�lonpiip thereto, (�herein refe�red to as"Improvement"or "ImprovemeMS");and ony and dl awads mcde for tM tokinp by emin�nf domoin _
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<br /> ' ',••n•V.��,,+�.,°:%f�(�•s.:�' All of th�for�poir�p estat�,poperry and intQ�ost h�nb�conr�yed to Trust�fie��in cdltttivd�rtf�rnd to as tFw"Prop�n�". r��=-_
<br /> >;••.�' °�e-�,�*,. .::.::��` `'' THISDEEDOFTRIOSTSHAlLSECURE� �==�
<br /> .�•�����' ' �'`'�'"`s''` • "=` s'� (o Th� ment of ind�btedness�vidented by Trusta's noh of evan dot�herawith in th�printipol sum of.�i�HuNDrtFn 4�-
<br /> r',+Sf:��i4:�.:'•:'' "'�L �I�EVEN THOUSAND AND NO/L00------------------------------- 00110►5 (S_.1��0�0.00 1. ""'`-
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<br /> � � � ��°��:�'y�;�j' •''°r. t sth�r with interast at th�rate a rates provided thenin, (herein,together with an�ond all renewols,modifkatlons,and ext�nsions thtreof,
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<br /> �i,;. •- � °� � r�farr�d to as th� "Note")both iaipol and interest on the Note beiny poyoble in acadonce with the te►ms set forth therein,reference to ,..
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<br /> .. ' •.. �'+r'��;t, whieh is h�r�by made,th�final poymr�t of principal ond intwost,ii oot soor+er Raid and if na rNwwols.1110dIFICOtI011f Of�K1MS1011f�!1110d@.
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<br /> ��" �•��U��•',��}?�.�,:, (b)Thep�►formnnc�of eoch oyreemQnt ond coverant of Trostor herein contained:ond y'�
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<br /> �.„� ti., ..,,�`••,���t��;��.�.:,:'a (c�11w po�rnwnt of any sum a sums of maney wNh inteest lhereon which moy�e h�raoher poid or advoncQd und�r the terms of this Dwd of �..
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<br /> ,,. . :. , d�.�y�.; �•��� . .� (d)Th�paymmt of amr future odvances n�cesscry ro protect ihe security a any future odvonce moda ot tho option of tlw parti�s;and ��.:�'
<br /> e.;'+,`,� .4;�`. . . ,,o (�)The pKfarn�ont�of on oblipation of any other p�rson named in this Trust Deed to a beneficiory. _:
<br /> ��� '��� � TO PROTECT THE SKURITY OF THISDEED OP TRUST.TRUSTOR HfREBY COVENANTS AND AGREES AS FOIIOWS: ��i_;
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<br /> • •. � .., �- . •' 1,l��t�f M�eiMl w�I�t��uR.Trustor shall promptl�pay when due ihe principo!og and imerest on the indebtedness evidenc�d by the ,�1•
<br /> „� ,` , 'f�•''•c�,�o4'�" � Note.and dl oMwr chorqe:ond fees as povidad in tlw NotQ,and t�e principal af ard IMerest on any futura Advanns satured by this D�d of
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<br /> ��.,=;.=•'��. �-� .. _--.- ���ec:: r+� 2.14erenttio!�!'�!!e.Trustor is Imwf.�lly sni:ed and possessed of goad ond irdefeoslble ti�le ond estoto tc�he Property hereby conv�yed and f
<br /> � r�<;� � t �t,•1�;' hos tfie ripht to yrant and convey the Property; the Property is hee and clear of oll liens ond encumbrartces eKCQpt Nens now of recad:arod t�.:
<br /> ��`� . »"�°;"�� '• ''`��'';�r�� Tr�star will worrant and dQfend the Ri�le to the Property ayainst ap i cloirns ad demands. �'.f_
<br /> �;-' �., �, � • ' ,� •'`I 3,�it���1 C�a�t�w�.Trusta shall keep tfie Property in qaod condition anE r�poir ond shall not commir�,nste or permit ,��(,,�.,
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<br /> � ,Z, impairment or detariaration of the Property and shaM comply w{th the provisions of any leose if this Deed ot Trust is on o leosehold.No improve• ��.
<br /> � ;;�.. . 1 7 ' ''� manf now or hereofter eretted upon the Properxy ehall be altered,removed or demolished without the prior written consem of Beneficiory. $-�'
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<br /> t, . :...,,?b• Trustor sholl eomply wi4h oll laws,ordinonces,rec,i:ia�ions,covenants,conditions and restrictions offatirg the P�operty and not commit,suffer,
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<br /> �':t;;'�`� r �' ��1��:�..:' •`" ' a rmit an ocf to 6e done in or n the Pro m violotion of on low,ordinonte,r ubtion,tovenant,tondition or restrittion.Trustor .,
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<br /> j�}t�f t��{" ��;�i�ir•;;;���f�`•'�:�`�;'•'�; shall tomple e a�estore promptly and in qood workmonlikQ ma�ner any improvement on the PropertY whith may bQ damaged or destroyed and ��'
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<br /> ���1I'�,�• � ;�!;?y'i ' '��•,:. , poy,when due,all tkims fa labor performed and moteriols fwn�s!+ed therefore and far nny olterotions thtreof. ��
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<br /> _ ., ' .� ���. 1:� ,. �p.I�YStOr.O�ItS eRpenst.All�T�prtOtll MIIO�NnV1Y11{t�IPV1OY Y�WIWn�iv�y.i:"a'r7r:..�.......:.�..�......... ....r...,,..�....�_•._ ,
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<br /> '�t��.�.:•} ���. �;�, swql constitut" the R snst loss by fKe,li htni tanado,ond other rils ond Mzards covered b stondord Q�tended
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<br /> ';.� ;'�'+'t� :l covKOpe�ndorsQment, in an amouin a�qual to ot leost one hndred p�rceet of the full repbcement value thereof ard insurance ngainst such �, i
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<br /> �' �•'•' ';�• • otf�er ha:ads ond in such amow+ts m:s customoril�canied br owners and ope►atas of simular properti�s or os 8eneficiory nwr rQquir�for its
<br /> � '�« otettion.Trustor will c I with Sueh other re uirements as Berwficia mo irom tim�to time r uest for the otettan b�r�nsu►aece of the
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<br /> , ' ' Int�rests of tFr r�spective paties.All insurunce policies mantained pursuant to this Deed of Trust shall rwme Trustor ad 8entficiory os m• :•
<br /> �. r:..� k ' sur�ds, os tFwir rosp�ctive inter�sfs may oppeor,and provide thot there sholl be no cancellation or modificotion without no less thon 15 doys
<br /> � � .. . .:�:• r pria writt�n nolification to 8erwficiary.M the event ony policq hereund�r is not ren�wed on or befa�15 days prior to its Qxpirotion dote,
<br /> � . ' r.._y Bentficiaryr ma�praur�such insurance in atordance with the provisions of poroproph 7 hereof.Trostor shall deliv�to Beneficiary the original
<br /> ' _ �•`���, •_ liri�c ef insurmc.ond nn�wols th�reof ar memo copi�s of suth policies ad renewals thereof.failure to fumish suth insurance by Trustw,or
<br /> � ' 'T� � �wols as r�qu'vad hereundtr shoN,ot the option of Benefkiay,constitute o default.
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