|
1���r� ,.��1!� ��.,, :.�-+a�v �, w• , . M+- •---
<br /> `� � .,`n t'ih• . -,:.
<br /> l'n� .. ._. x,_ '_. _
<br /> . ' "_-. . —
<br /> � � ��� _ _....__ ..__._.
<br /> ..�.� . . � .. '—__
<br /> y . . _.
<br /> , . . �.}9�_...1 . .�,.� - ._
<br /> --�Gi� .;J�+�y��.�t''`E .
<br /> -�-� �``.��'�� . . 91•► 102181
<br /> --- -��.,...,�.,...,.
<br /> _..,.
<br /> ��.,;-�,,-,�--�
<br /> �'::..,� . artaininq thereto,
<br /> � .-;.{.•,,, appurt�nances loaeted thereon or in Any way p
<br /> _��- �� : , , and the ront�, i��ueq, profi�a, revesaiona and the remainders
<br /> _=_ � _ thereof, including •l�l auch personal Fraperty that ie att�chec3 to
<br /> --� `, � � ,. �; .
<br /> z;4�x.�- . the improvementa Ao as to conatitute a fixture, all of whioh,
<br /> .�: �� ;� .-r including repincemente a�nd additions theretc, are hereby daolared �^�� ��3
<br /> to be a� part cf the real estate conveyed i� truot hereby, it
<br /> " � � being agreed tha�t a�ll of the i'oreqoing shall be hereinafter
<br />'���•��w�•r•i=. refezrad tio as the "Property." —�
<br /> ,! . • __.
<br /> � ::tYT•an•':'!i.
<br /> FQR THE PURPOSE OF 3ECURIN(3t -
<br /> � �J�1��!i�ti4__
<br /> �-� (a) the pay�aent of indebtednes� evidenced by -
<br /> J =' . Tru�tore' nQte of even date herewfth in the prfncipal �-;„3:���=----�
<br /> ���� �. � : sum of TWO HUNDRED 8EVENTY THOUSAND AND NO/100 DOLLARS I' � ,�' '�_-���.,
<br /> _ (;2�0,000.00) , together with fnterest at the rate pro-
<br /> �.,�,' � � vided therein, or the principal and interest on any i-�-'- ---- -
<br /> :.;::;�,�
<br /> future advance not to exceed the total principal sura 4:�° 'Y'�'�'�
<br /> ., _��--
<br />�i;:;:'':;'1 ";�::,:. - �����- fn3tially secured hereby as evidenced by promissory �• __ _
<br /> ."�' ��fN����;;;`��y�_, ^; notes statinq they are secured hereby, and any ancl all �. ,, ,;��:�
<br /> �,...
<br /> -. � renewals, modifications and extensions of such no�es, '�:.;i:.,f�t'•' -°_--
<br /> �,,�,,. � both principal and 3.nterest on the notes being payable r'-�.� ' ' °''�-
<br /> � o:� ��~ � in accordaaoe with the terma ��t forth therein, which ----- •�•`
<br />,.., t, �;.,t2.,R.
<br /> by this reference is hereb made a art hereof j ,y�'��"'"
<br />''•� ° . . Y p .:�-y,.�,
<br /> . '��.� t
<br /> �.. �• (b) the performance of each agreement and cove- .� r-� +;•-� `'
<br /> " na�t of Trus�ors herein containedi and �'��`�-�' 7
<br /> t ;;tt=. "} � �,
<br /> ,'.n.,::.
<br /> . ;;:;.,; (c) the payment of any sum or swns of money which "�� �, �i
<br /> — -;:,��-� ' may h� hcrcaEter gaic� ar adv$r_ce�7 by Beneficiar?r under „� _.-_,.-�'__ ___�
<br /> !JL L.7��.a o��-��_
<br /> ' r � `�'���;ti the term�a of thia Deed of Trust, tagettae�r with interes� r��: ti�rh.,=��
<br /> .. �.<<:��� .. � .
<br /> ��-.' � thereoa� at the rate provided in the ncr��e. � ''�<���,��
<br /> . � � �u.;�s��
<br /> . . � �:::. -. .__
<br /> ��.• �� . �{,,�; To protect the security of thas Deed of Truat, Trusto�� ., __
<br /> ..- ti.t.�
<br /> "�''��'� hereby covenant and agree as £ollowa: � "��'��,�'-``'
<br /> � , `
<br /> � h��t,�:,;•i :let:� : .
<br /> .� ����_
<br /> � 1. Payment of Indebtednese. To pay when due, the pri�:�ci- t%S�;•�;' � . :_
<br />' � ' :�;;�:!�. pal of, and the interest on, the indebtedness evidenced by �fi�e '' , • � T:--
<br /> , , • � '� note, charqes, fees and all other suuas as provided 3� ihe D�ed of 4 • . t����'1:� --- '
<br /> . Trust Note. � ' . .-����`=-�.--
<br /> ;�r+,., � ��-.;,--�
<br /> �' 2. Title. Trustors are the owners of the property a�nd ;;; , �r �- "��'.
<br /> � - � �� have the rig� and autihority to execute thfa Deed of Trust in ,� D�:�;�,�-.:-
<br />_��:�.��, � � respect to the property. ` . . . �
<br />,S",,,, .. I ' '�N r:��"':
<br /> : � 3. Taxes and Assessments. T�o pay, when due, all ta��s, ��
<br />_ ' � special assessments and a]lt a�hes charges aqainst the propex�y, ; . ��
<br /> before the same becom� delti,snqro�ent, aad, in the event Beneficiary ^ .,
<br /> •����•, shall so require, to add to the pay�::�ents required under the note �..,r;:,,,,;. .,
<br /> ;.•, �� ;%��tS���,;`- secured hereby, su�=�n amount as may be sufficient to enable � ` ;� •
<br /> �� {?'���4!;� � �• µ:� Beneficiar} to pay such taxes, assessments or other charge� as �.��� ;��: t;',
<br /> '��:;:'��� ` � they become c1ue. , •
<br /> i"�•� �.�:
<br /> • ;
<br /> '�" ' 4. Repair, Maintenance and Use. To not commit waste oc� or
<br /> ;;;�.'.� i d�ge to the property and to use due care to prevent others froaa�
<br /> " so doinqs to keep the house and irrigation equipment situated
<br /> � � ��!�',,. � upon the aforedescribed reas estate in qood condition and repair= ;
<br /> to keep the property free from mechanics or other liens not
<br /> ,• � expressly subordinated to tr�e lier. hereof; toi not tnake, suffer
<br /> :��'! or perm�t any rsuisance to exist nor to diminish or fmpair the ,
<br /> 1 value of the property Iay any act or omission to acL; and to ,
<br /> ' comply wft�e alI requi.rements of Iaw with re�pect ta the property.
<br /> � �
<br /> ...�..1 � r'nndpmnatfon. In the rvent the property, or any part
<br /> � � tl�ereof, shall be taken by eminent domain, Beneficiary is
<br /> . ', � entitled to collect and receive all cornpensation whfch rnay he
<br /> . ' I paid for any property taken cr for damaqes to property not taken,
<br /> and Beneficfary shall apply such compensation, at its option,
<br /> i either to a reduction of the indeb�l-edness secured hereby or to
<br /> ( repair and restore the property so taken.
<br /> t
<br /> 6. Performan�� b Beneficiar . Beneticiary may, but shall
<br /> '" � have no obligat on to, do any act w irh Trustors have aqreod but
<br /> failed to do, and Beneficiary may also do any act he deems
<br /> ;
<br /> • i -2- �
<br /> , ,
<br /> . _ _
<br /> ,
<br />
|