|
_ � � _ ;;�t: .pm..�.:N.-�r r:»; ',."� ��^ r°n� �;;`t .r�'=�f",n;'����- 5 r� e:� r�xt'iR.:Si'3',tv.s::v�++��.-.n�.s•.-a :. .. , . .. . ,�,. ,. ; � �
<br /> � �?�'�:�Lr?�.{F�'�7�7Fd�� Y ,I'� ',a'�'l�r v t C � ' -
<br />��i��""i. .-. ... ��,r/r r t�y�.�...i -�{ �y t�,��•a-,�� 1+hE1�(�.)i St i �a�..�� � f' r, 5 t�r Y!F
<br /> - ��� ��• � �,s_}�,�� E4•)•. �i.,. � 1� * ' �;�+.�..}K...+ + `1����'1SR'•��t1 .• i ,?�i
<br /> - -�-•i l. .��,,. ' -
<br /> - . I `� t 37.han�i`�5�-,�„j,'�j�'� ,'� � �.+ ^ ..1'! t. .. _ � _ " _
<br /> . ) �... - - :1 ���� S, .,}, � -t � f. '^ � ' '�.it�"..._'S _ :� rt^.� •1'1 � �_' -- ---`-
<br /> . i . -: - •t�n r._� -s� � . .7?FY'�I-Q� U`'E;�:i�.2�'''i_ ff'r`� . ....�=� •_. -
<br /> 4� i ��'�
<br /> . , . .. .!(::ui1➢L17:i�lijl.��ti' ''�.�..:.Srdr'�iS1..`����'n°I:�_ _��ar,•`„',�.d� .�. . $I��:...:J. . . . ...�... - . . _ •..-.....
<br /> %e,e,cfli"^t� •
<br />�-- 91-- i0i'�48
<br /> -.�._z�
<br /> -�--
<br /> �- _._
<br /> TO PROTEOT TNE BHCUiifTY OF 1'HI$TRUBT DEEO,IRUBTAR N�RBHY COVENANIB ANO AGRB88 AB FOLLOWB: �,�-
<br />� t.PAYMBN�OR PRilICtPAt.Af{D qIT6RE8T.Truetor�ha11 promptly paY��tha P�P�of and Intereet an ths ndebtednees evld�ne�d b�► �`� -
<br /> ""�°' fh0 N01��elld 6110lh010h8►9B8 elld fOBO Ad INOYtflAf!M lh9 NOl6.and tha pinclpal ot end Intoreet on eny Future Advenaet aou�ad by tMr Trua Oe�O. '��::�"� -----
<br /> —-----=��' �ix
<br />� ��,�.p�..�.r�:� Q.N►ARRANTII OF TIriB.Tnretor Ia Iawh0ly selzed and poseaesed o1 gaW and Indefeaelble tltte end estate to the PropeAy heraby oonveyed a�d ,;,,�� ,�� - - i
<br /> _ ,Q�'� he�the right to gtant and oonvey the Proparty;the Propetty ro tree an0 clear ot alt Uerre and enoumbtanaea exoapi Nene now ol�ecad:and TtuWar will -
<br />��'t�!;�u wanent and dehnd Ihe dtle to the Propany a8afnat all elaNre end domande. r,r �� �'� ° w
<br /> ri,�1�*;;{;*�airrr��,,.,
<br />��;'��,��r,t,'�p� 3.M A p i T e N A N C B A N p C Q N I P I.t AHC6 WRN 4AW8,T�u�la eheU keap the Proqeny In goad repaa and condltbn and sBau not canmft wsete or pamn "� �` '`��'�� _=
<br /> °�S4"'��;'w�el;� ImpelrmeM o►Aete►toratlon of the Proparty and ahatt campl�wlth the pravislana ol any Iease 11 thls Truet DaaA is on a Iaasel�kl.No irnproretM�nt now ��+'����+���''7� -
<br /> r�'�'dr���!;J-�'-p:i� 0��19f88K916�6019d U fi(�18 Pf � +i � r `�y�l rr+ i f`j`%�'�' `
<br /> f ;.J, po ope►ty shaA ba altered,remaved m dartwUSheQ wllhout the prlor wrilten aonaent af Benafiolary,Tnrotor ehall aan► with
<br /> � ,` `i ep taw8 ordMaaes,r utetione,covenanta,oondltlone and restnallons afleoting the I�opaAy and nat commit,eutter a parmit any aol to be da10 In a ,;j„A� .,� ,,�r�+�.,,,,-�
<br />_' �?,��.tit a I r � �m�� ,�t 1 a+ titi�i�._7��tftia„
<br />_�.,,,A;;,�,z�n...,,:�i upon the Property in Nolstfon af any law,ordlnance,reguletbn,aovenent,eondltion ar reatdmtOn.T�uetor ahatl complete or reetore anA In�ood ,
<br /> ��. +�►orlcmenNke manner anyr imp�ovemeMon the Property whiah may he damaged or deatroYed�PaY,when due.all olefmb fot idhor Pa�ion�ed afld n18tet1a18 �� �t,��� `• , �'�`� 4s�-
<br /> r ' � WmlaheQ thereb►and Krc arryr eReraltons tUereot. ' �
<br />_ ',� -^ _� '!�•,F: ,��t;�te2� ���� {�. tFf -
<br /> � i�:� �r1 �1�� t .
<br /> y, �.'� ���=� 4.lNSURANCE.Trustor.at Itaexpense.wAI maiataln with Insuras approved b1r BeneHciary.h►�umnce wlth respeat lo tlre Nnpravemente end p0reondt �' �!� , i n
<br /> t� `{� �'t ?�i Iose tke,Ng!►tnUg,tomado,an0 othar rlls aad ha:arda coveted bY Mendatd extended covarege indoreement, ��i-'�y`t�� „v{„"` �s.
<br /> i '• t '(� p10A911�t.!'�01181N{A�11Q1110Pf0=1811y.�91 b11 � �Yt Sdr u 1 a\q �,�_.
<br /> � , ��, ,(
<br /> Z�7Y{'Mi5 1.!^'R'J� �1�Y n•,..� ?�t'���i�:nfi;�r;'
<br />� <�,�,�.���,�, . iR an emame e�ua�a at wae�ane dunarea oereem��oowbt ot tne wn raptaeemane vaiue mereot a�a�nsu•anoe aga+net auoh other nwcaras and m auoh ��;:rt�;�?.`f'•;.,,,A .,�i�,,,�,����!?'�
<br /> ma
<br /> �'-�•;•�'?, �� amouma ea ie auatanariry caMed by ow�ero and aperata►s ot simt�ar propert�ea a as eenetkiary ma�reqwre ta Ite pr o t e a d o n.Tn�etor wltl aom ply wlth .,h:<<�3�j.��;�1���zt;��,A;�:r7it.�:;.::
<br /> r ' t y -
<br />�i��,^ff ,_;, auohoth8rrequhemenlsa888nefleiarymaytromtlmetoNmerequeatfatheprotectlonbylnautatn:ea}ihei�t9raal8ofthere8peothrepattiee,AUlnatrcen08 �ar ,�,?,` �1{�:�:F -
<br /> -'�`—'-_�"y��y: poildes maintained pureuant to thia Trust Ueed aha�t neme Trustor and 8eneftciary ao insured,as tfieir respective interests may appear,and provide that _..!.t� "rt s
<br />=��,�,�1�,�,_t•, dari ptia written nodficetkm to Truatea and Mnefkm�►may P►acure woh i�feur8nce In e000rdenoe y, } ,� ,�
<br /> �ry , ,!v, d1916 be t10 08ncelladon Ot tnOdldceUon with0ut al least 15 ��� r +��y'„�,� ,;: ,�.:.
<br />� r��.;°"'is�°••���'� wRh df9 provi9ans of paragraPh 8 hereaf.Tru6tor sheM detber!0 8en86ctary the alglna!puNcies Ot insu►ance and renawail thereof or mertlo aoples of ,� -
<br />-�t� ��i"'�•'�� � euch pW14ie8 emf renewals thereqf.�a�lure to futnisfi such Insura�ce by Trueta,ot renewal8 ae tequired fieremMe►sha11.al the optton ot 8en9fiotery, (�, �
<br /> �T a -�rt:. ..•�*'t. �i1��'� � ��7Ti °_
<br /> ., . ,>; , comm�u�e a.detaun. .� ,��. �,: ,,<�,�:;,_
<br /> ,�! z;;�i�,?���,�'�. �B.TAXF.8.A88888�EtiTBANOCHAR0E8.7tuatashatDaYautaxes.zssessn�entsandotheraharges.inef�dbig,withoutt�tation.flr�eeandlmpoatdons Siy�;:�}' ;;�,tia�..n.,lF�;,,�
<br /> t`'`!t i{��'1'��y�{fSi . atpiputabte to the Propetty and le8aehold payments a gopnd renls.If any,betae the seme become delmquent.7ruata shall pranpRly tu►oian tobeneNcleq► +i1 t ±� ,�1:.°
<br /> ,;(..l , at{�fotkesafamountadueundetthisparagraph,endln�heerentTruatarsha�Imakepaymentdireotty.Trustashallprompttytumis�taQe+ret�c�arytReelpts ` �f�;J�i.,' �"'#�'"
<br /> r:
<br />:;r��;; evldeneing euch paymenta.Ttuafor shali pay all taxes and eeg�88ments whl�h may be�evied upOr►BHnellClery's IMere6t heieir►or upor►this T�ust:t)eed ,i hu,�i;;;�.;;ry .;;,�,�`'}•,t�'"
<br /> . '4e��' . '•: • �t��-
<br />;;u: ;:'�'` wrthout r6gnrd to any law ihat may be enaeled Impoamg payment of the whote a any pert thereat upon ihe BeneNolary►. 4`��,��;,`,�:,,. ::�:;�;;,,_
<br /> `� 8.AqDITtONA�LI�N8 ANDPROTECTWN QF BENEFICIARY'S SECURITY.Trustor N�all mako all paymentaof InlerestenA pUeipal and payme�ta �Y��;t�j' f� �:h y;
<br /> i; '., �r `
<br /> �1� 0}8f1y Oth9f Ch8tg68.�898.8t1d 6xpg115B8 COfllld418d 10 b9 p81d tp 8(1y 9X�91111�0�8Ub88�U811t II811NOId8t 0/hNf16}ICI9Jyl�Yf1dB►9f1y 61t18llttg W SUb8d4u8f11 ��i U.; ,l`�A y•��•,�j";:
<br /> ��i �� � � "4' RW�l�p!pwqt Lleed l�etMe thP ttAtP IheYare delinquent a In delauN.and p�dlfptW paV antl dlaGh8tp6 arly B�Id ail Othet IknB.CI811118 G�Ch8tQB8 W�1kh ���1�1j�e 1 � �p�}
<br /> . ' J I1W,��j�� ��fYALL�iY'�_
<br /> �� 'i ff��y,, � mey Jeoperdlze the aecudry granted hetein.It T�Ustar lails to make any such payment or talie to pe�form a�y of the cOVenente and agreements aontamety �q������,c����a.
<br />�i, , ,.�,i�;�l�/�;{�,r in this Truat Daed.u the Note raterred to harem,or tn any plot a aubsequent trust deed,or it any actlon or proaeeding Is eommeneed wMeh mater+at i� s 1�� "�,� `� �i�anw�t:•
<br />- ���'� t�{"�f�.� aHeo18 Benefkiery's Inte�est fn the PropeAy.tnetud►ng,but not Ilmped to,emtnent doma�n proceedinga,Prooeedings Invotvkp a deeeQent.npt�Ce bf sa�e h;},��!!� '�5+�` .�,,,,t,,� ie�
<br /> `�"a`�3r`;;;r;�.�;';7���� by Trustee.nalke otdefault by Tiustee,mortgage toredosureacdon,o�If Truata'te11�fopay Trusta's debts gen�ratiy asthey beaomedue,then BeneNciary, , 4`'ri;';.1::;3.t:. �;'.,;x:";r•�. ;,
<br /> `�.,� ,,U,� Y.. , , . . .,,
<br />�:��t`S:`;�.:�r,:�.:,:",'4 at Ber�eNdary'a optbn and without notioe to a demend upon tmstor end wilhaut releasing Truetor irom any obllgation hereunder�mey make such eppeeranees, ,d. �', .. ., >.
<br />��'pti„-�.,;•;::,�::!' °� dleburee suoh aums and take suoh aalbn ea�s nece�sery to protect Beneflciary's ntereet,inoluding,but not Ilmited to,dlebureement ai reaeonabfe atta�ey's ;;�;�,`.`:.:; :•::+. ,�r..�� ;'f.
<br /> . , � :i < <.
<br /> <; 7" S;i� ; ��,payment,purchaee,contest or oompromiae ot any enwmbrence,chazge a 1fen,entry upan the Propany to make�epeks. a deoteradon ot detauH s � � � ���i�t�i��4��,���,�""'�'•
<br /> '��� ��� ;i',,, under this Troet Daed.In tha event thet Truetor shall fe�l to pxure msuranee or to pay taxes.aseessment8,a eny other aharAea or to meke eny paymente ,<<,,� -t, • •,
<br /> "�k�`�'s.�'i�(t�yl�;t�t�C�� to any exlating or 8ubeequent Ilenholde►s a exiattng a subsequent benehc�anee,Beneticlary may prooure euch Insurance and meke suoh payment,but �{�; • '` p1.:•,,,�,} . ,�
<br /> �i,-;rT.,'�.;�".���.; .. . .
<br /> ,.�qti�,f,ti/. 8heit not be obNgated to do Ao.Any emounts diebursed by Benahciury purauent to thls PBrageph 8 shell become eddltlonat indebtednees of TruetOr eeoured ;,,;,; ^ ,,•'•.. '• L�q ,
<br /> sh8 r � i� .
<br /> „ �`'X� a "� by th18 Truet Oeed.8uah amounts shetl be peyabie upon ratlee Irom Benel�c�ary to Truator requeedng pflyment t her e o t.e n 0 e h atl b ear IMeroet hqm the .,,
<br /> ,, -r,�„ �
<br /> ,� ,, � t�c�r; date ot dlebureement st the rate payeble han dme to fnne on oulslanding princ�pel under the Note untes8 payment of interest at such rate would be OonKery , ; � I ,
<br /> ,��R�,t��f���� li • t08pptbeble(ew,fn whlah 6vent euch amounte shalt bea►lnterest at the Mgheat rete perm�e&ble undgr appt�oebte tew.Nothirq contelned In thi6 Aeragteph � , '�
<br /> t/��i r, + � �, g ahett require�lanefioiary to incur eny expense or leke any ambn herennder. . .�� � :� u � �
<br /> �R�,�fi,+{:,. t..��s � �. `�
<br /> �'"�`�''"��+`>> 7.A881GNMBNT OF RHNTB.Beneflcl ehall heve the n ht.power and aulhorlry dun the aontlnuenne of thls Truet Oeed to eoUeCt tha rente,188ue8 � �1''' ' '
<br /> ��'` �' :�r,>� �, �Y 9 n9 .�: l;,ti,,..�•s.�, ', ",� .__
<br /> „��;.-��. -'�`'�i�....,.-
<br /> a;.'`.:��;::�;�);f{..,�+� and P�ilts ot th9 Ptoperty end ot any pereonel property Iaated thereon wdh a wrthout teking poe8esa�on of the property etleCted hereby.and T�uBtor , �,,;�,,,„ .:, i;�i-�
<br /> � .,,�lf ti,t�`� hereby abeolutely and uneondrtionalry a3sqns alt aueh rems,iasues end profile to 8enefkfary.Beneticlery.however,hereby conserna to the Trusta's ;,;,V��� �J '_
<br />��a� ,;i,;�`" � ' ��tion and retenuon ol aueh�ents.Issuee end prolHe as Ihey accruo and beeome payeWe so tong 88 Truelor i8 not,at euoh dme,In defeup wlth reepeet �� ' ° � ;�r �
<br /> y/� � ; tY�{y� '�. t0 p9yment oi eny Indebtednesa seeured Aereby,or m Ihe pertormenCe ot any agreement hereunder.Upon any 8uch detault,BeneNelary may at any tlme, ���
<br /> elthet tn petson.by ugent,or by a recerver to be appoiMed bp n court,w�lhovt not�ce and wllhout reperd to the adequaCy ot anytecurlly fat the Indebtedn6s8 � : , �
<br /> s�;'` i�, ; ,;�� � 5-�
<br /> �f '�^t,,i_� ;y i�; h 6�8 b y B e CUr6d,(A)enter u p on and 18ke p o e 8 e881on dthe a0pe�ly a�any pdrt thereof,a�d�n�ta own neme aue�Or or Wherveee cdlect euch r6Ma,188u88 �'-,�tt t `� 1 ��.-
<br /> ��(ti���,i r; , ,►� f:� end protlte.inc�udmg tnose pasi due and unpaid,and epply�e sama iess coste and eRpennes of operetbn end collecUOn.Induding reasonable attotney's. q`��� j��� r��'•
<br /> , ti�r� �g�,�ppn gmr IndeCtednes8 eecutep hereby,and m auch wder as Benehclary may determine;(b)pe►form euch acts ot repai�a protecpon as may de ;�+ ,�� ��; , �,
<br /> ;t�,.,,�'•',.�,�� f ,.� � � � �•�.
<br /> , ,.. f;, neee88a or o to eoneerve tl�e va7�e of the Property;Ic)lease Ino aame a any pan thereot for such rentat,term,and upon eucn eond!lione aa its �q� , •��r ?�4+���e ,_
<br /> } � _;Aj)f�,y:?�''�};.1 t mg�c�e.or terminate a ad uet the termsend wnd�twns ot e��stl�g leaaes Unleds 7ivator and Beneffciary thereot agree otherwlse M wrUlag. •�F�;�'j;F�t':'!',�"l,j<< '`:,{:�ir�,r,;�.;:;;t"`
<br /> i�r,,t+ . � 1�9� Y 1 v.,i ti „�.ti� , , ;:
<br /> � +�` ,t {" any eppileetion of rents,isaues or profits to any mdebtedness secured hereby ehatl not extend or postpone the due dafe d the InBteilment paymentu es "�•i .,;, ` r, ,,` - �t'
<br />�'`t.r/�:?�fi�� � '� r ptOVlded In 9eW omiseo hote Ot thanpe the amaunt d such mafA�lments.7he�nte�in upon and takm poseeeeb�o(the Pr the t0118Cdon }
<br /> P► rY 9 8 ��' ����.`1�;. �.r • �; ,';"._
<br /> Y�,±S��%�y:�': . ot auch tents,issues and prohts.and�he apphcatwn thereol ns a�orAea�d,snan not warve or cure any detauit or notke of de�ault r�ereunder or fnvelidate �;�.•�•� • .• �
<br /> � •':ti. " �'.
<br /> ' � any act done pursueM to eueh notice.Tivata atso aas�gne to 8enn�r�anry,as turther secudty tor the perlormenee o1 th�abMgedons secured hereby.all +�"; .� ;• �•.':�
<br /> . . ` ,r ,. ,., -
<br /> �. `: . , ` � . ,. pr,qpa�tl rents and all mornes which may Pave bee�or may herea�te�Ua depos�ted with sa�d 7rustor by any iesaee ot the Property,to seeure the peyment i�;;;. .
<br /> � ot any rent cudamages,or upon dela�lR�n Ihe pe��d�manCed any u�th��proyl&ians h�reol.?iustar Agrees to delrvet suCh rente an0 deposds to 86netitiety �'f,•,.�,U;j�� "
<br /> ` �''., ..;.;,•.��'1, .!''.,'', .'
<br /> ,•��.;�,,._. 0911vAry ot wntten notice of 8eneficiary'�nxerasC�oi In�r nphts g�enleh t,nrwm.lo ary tonnm oceuPY�ng Seld premisee snelt b0 SuM�C�ent t0 requlre seitl �!•,�';
<br /> � :;t�, � : '.' . t6flat�L 10 Pay rent b lhe Benal�t�dry untd lurt�er �•i,LCP ��y�l):.�i,t , ';�)•.0�.'�� ''.
<br /> �����E�:,; � �:f•�•�� , , ;�. . :::��:
<br />="!��;.1;..•' •:. ' S.OONt?EMt�tAT10N.If tate ta dry part ol tne ProPert�grtu rc•I�u•��„���i�xic�mna�o�,praeetlmgx.by r�ght ot em�nenl dqma�n q�Simdmr Atf�a� o+ �;S . ;� 1,,;:
<br /> ;'�1��;3'"�J'�"+' ` 8ha1t ba sold under threat ot condemnatan,all ewa�ds, damages�ma p�oceeds ara nereby assignerf and ahell be peld to 8enef�ciery wt10 8ha�l epp�y � �` ' ,.' � � • �:����`a
<br /> „Pri�ln�:u :�.;.,. •• ,}�:, . .
<br /> `:��'••�"�''� BuCA.eMrdtdS.48megee ana p�OC68de to Ihe sum 5etui�d by�his l'ru5t pAed.W�in tro exCe9b.If any.paid to TruBtor. N tiustot reGerveB any nW�ce u ��
<br /> �r;, �• `•�,.- ,<,.j,�.� !,.i• �„'•,,.; ' Y
<br />.):,,,`::;::,�;�c:� .�;� otner Infwmauon reqardmg such actans a proceea+�gs.t�ssto�sntd�grve�:romp:v,r�t�e�notn:e thereo�to Benetic�ery.Benettciery ahalt be entWeC.at � ���• . . • -
<br /> , ,.,;��.�.,. �k�si g • .;> • .�
<br /> _,,c.t, ••,,{;�, �{,q qptlon,to commence,appear m and prusecute���ts nw��a�nr any xuc�act+on or aracoeoin a and shal►be enhlled to make eny compromise ot eettt6ment ,i
<br /> A�� f'��� � � � :�a�conneCtlon with eny auch acuon a praeedmgs �� �� •
<br /> ����� i•�,
<br /> w .::�o��: w�.�..:.:.. ..a;..��.�.�.�_._��..:n ...�n�en rmrnnuavanra nf Iha Pronattp to ttu8tot.t118V ttlBke � . .
<br /> t�� - �--. - n.*i�iYnc i��tn��.co.uW��ia�y::oo:::. .:
<br /> �,�}`,�' � ' tutuee advaneea to Trustu Such future xdvnncns.w��h�n�er�:�o n•a+aon.shan oe Eecurecl by�h�s 7rust Deed when ev�dence�by prom�asory ootes slatmg , , .
<br /> a ��� +9.. . , • '.
<br /> �,;�;,. ,.,..,, • thet 38td nOt@S dre 88GUred he�uby.p�oveled that at no i��,� �.t,a�:1���•secured pnnc�pel and future advAnces.not��C�ud�g sums advancett to ptoteCt
<br /> ' !hA 88CUtrty,BrCeed lwo huodred p6icunt(200^u)ut the�+�qmat Chr•Cipa�.tmnunts secured hereby ,
<br />-.��ir;',•.
<br /> u`:`'�';.," � 10.REMEqES NOT gXClU81VB.Trus�es and Ba�el�c�ay ana+�acn ut u�em.snau he dnuued to nnforce payment and pertormance ot any�ndabtedr.esa , .
<br /> ti;'i.:.::.-.: � .. .
<br /> ,;k�,�•,,,� , ,; , a oDliganons secwed hereby and to exe�cise au r�ghls erw pou.:�•:;�.nnur tn��y irust Deed or under any ulher agrnem?nt axecuted m conneCt�on herewdh
<br /> �4:'7 i ', w mry laws now u�hereatter m�ace.�idvrdhste�d�ng su�+N��•.,����•thp auch mdebtedness and ob��getion8 secured f�weby mey now or hereaNet be
<br /> �;.i.,y;_�_�„ ;- w
<br /> •, �•• •• otY�eninse setu*e�f.whether by matguge.liust deed.pledpe.hen.ass�ynm�nt o�othetw�su Nedher the acceptance o�tfpg Tru�t DAed�wr rta enfOrcement
<br /> °.�::'�r��,.�;;:l�1�'; . ,
<br /> ' ' � _,.�;�, v�hMlklr Oy Cour1'aCtion a pursudnt to the power o�be�U ot ulhur poweis h�iam contumod.shall prepW�ce or m Any manne�atlaCt T�ustee's or genehC�a►y's
<br />-';•1 ' � ngltt t0 reaUm upon w entorce e�y other secunty now or I�ereattnr huld by 1 ruotee or 8enehcaur.�t h�mg aqreed that truslee and 0anei�c�ary.end each
<br />' '�',.'., .:°,��.��.,1,,f'i.` . ,
<br /> .,�;i', ,
<br /> • .
<br /> ��,, �,r`l. '
<br /> f . ' �'
<br /> �t. '�li,'a� . ' ,+. �
<br />
|