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<br /> _-- oMrd IIw"MnMoMrr'7�wlq�m�p ad�dnM�N .
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<br /> IF�HfS BGX IS CtIIECKED! 11NS DEEDOf fiNiSTCONSTITUfES A CONBTRUCfl�N
<br /> O�AND CONS�L�OHSIR��BECUA/TY IMERES���
<br /> OESCR/BEO MERENVBELOM►. BIlICr! TBOIISA�iD A�D 110/100
<br /> WHBRFJIt�Tn�r�M�Or�lt�indrbbdb6�AaNrYMf�Pr�fOrtumd
<br /> DoNrs(�.�+l81li.lee._1.w�Nchlnd�b[rak�ab�Wrxt�dbp�nNbr'e dMrd y...�3._.-..f093...A��
<br /> — cwd elw••11b�••).pay�bN�b fhs onNr d 6�r�llcfary�nd IMwrp�rtntw�My ol .- .
<br /> �row.rHaa�o�tar a�.purAo..a..currnQ:
<br /> - (+u n+r►►�ne a n�.Noes.a�rnM wrar rn�►wr a,.�.o�,,wr cn.►,o�.,�.p.r►�r,�u+w..anr�+or+aa�ano..,andar.�ra�K
<br /> �.` Moqlt/c�otora�auc�tuo�o+n.ra�wi.w.a a�.r.o�,
<br /> . (b�payn�nt W M atl�r aurta,lwa ar cMrQ�t,loqtlN►wqh lr�wt M�rron.adrrtord b p�ot tM a�+iNp d M�OMd d-1hNt M�d
<br /> �r .. tlN p�r�mana�a/H�e oouw�rNa and�Qrw+n�R ot Tnwto�►.wiMfM►a not srt�rEN hM��
<br /> . (c)pMlfonnanar,dfic►�d�nal oon►PW�na�w�h Mr�►y tNm.caww�a�b�y�or►�nd�gn�►M►K W riwlor oa�wd 1NrNn or
<br /> �:aPa�a►bY n�na a any odwr s�c+dY lnaten�nt at+MyA�n�O�b a�CUrr ffw MoM�ind
<br /> : (d) fM nAN�of�N othe►sun�a Autu►e advar+c�s.wNh k+tar�at M�rron�wfMcA n�Y h�nkM�ar A�w O�f or IiNMRa�►bo adwra�!
<br /> �Y�rY tb Tiuslor a Tiwlo�r':suao�aforin NK�r�a�,
<br /> W of wl�tch t�hwNnaJMr co�eccYwfY caMd fM'�MaI�W�d►�a��Trwlo►Mrrv�oabrY p�►ant+�r►d bantl�nt b Tn�:h buK WRN PON�A
<br /> =:, OF SAL�dM bNow�inD cl�acrlbdP+q�rNt
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<br /> : ., �;� ,, :
<br /> " ''' LOT 11i0 (2). IN WAWtEN S[lBDIVISION TO T�lE CITY OF
<br /> `� GRAND ISI�AlID� HALL COUNTI�� NHH1tASAA
<br /> ° .'�'�� '� sf,.a,
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<br /> � ''��' i� �l . '
<br /> �. '_ w� a►er w►a�p!eN brinarps.�sauC�ros aaa�nor,a.oNup.ma++�.modGTicahons.�ak�,f�p�ci�ss���d tm�rsa�art�
<br /> .s' :.�f. 's.;.. :A r��";;.��:. ;' � wMliout�Vnitadon �N/t�hoh�p h�aEinp �nEtla�nq cao��p �ir
<br /> �� ,,�,�•�.-,�..�,.:.�:= �� loasted Meroon,�1 d/equlprt►ont.mao�ilnery and 1lxWros(Moludirp, , � . . •
<br /> . •. ....r,;�:-�� w f��IW�i�lM�fl�f0l�rlf/fIW�.
<br /> cvnditlonln ,SP►rn�dtng and pluinDln�RxWres.watsr and power ayst«na�enpinsa,bolle�a.i�►O�a.owna. .
<br /> . "'. °'irt �' " CaIf�Mllp.�dR18CA1�011 bfl/i/9/8�BI�VItOIS iIIH IIIOf018.11i111A6IAfl0A FlIY/If8 Of Nllih�CWBIIIUI11QAd011�Y�Nlis����«����
<br /> :���+::. , eqWpmsrn.stam and screen wlndows,doors.wwninps and shedeB)now a heroeRer alfecdsd to.a bufR h►��nY
<br />_ .. ,'' ��,� :`� now a hereaRer boeted N�er�ean.(N►1 aY easements and dphGS ol wpy appurtensnt drer�Ko.(hr1.�N IwaN+old estats�►i0h�tiEM arid hhr�t d
<br />• '� ,•.' , , .; Tiustor ln�nd to a0lseses,wlre►i�er raw ar herealter exlstlnp a entered Mto(Inc/udlny,wiNaut Wnitatlor►,�1 osaf��nd a�crwi(Y d�Po�Nt.
<br /> � . :. �, advanos ronMls and depos/1s a p�ymen/s ol a slm/far nawre)�PeRalnlnp lherta�I�I�D n+�.lssus��P ro A f b snd Moon�s ths�/raRr(a e b l�o t
<br /> � ro a�e�r�nr a�►ueror ro cd►ecc u,d ennN such►enrs.lseues.prollls and Incoma�s tMy OscarN dw�nd pay�bl�ao fap et no�wrR d
<br /> - �. • deMult e�dsts hereunder).(v1)e9 i+�Yaldea,minerel.d!and qes rigMs and pr�llfs.w�ter�water�.and watw a[oolr.(vfl)M Iwwnenfi,
<br /> -� . .". .? herodHaments.Prlulleyes end aPpurtenences belonging.used a enpyed!�aonnecdon fhsnwtlN.and(v!N)aN prooNds o/aorrrwalon,
<br />�°-"'; -� • � ��� � voJuntary or Invduntary,o/eny ol fhe loregdnQ inro cash or 1lquldeted clslms(Nroludlny,wiM►out Akniditlab procNd�o�lr►pNanc�and
<br /> ;�. � � '�� condamnetlon aweMs),all o/whloh Is herelnefter cdlecdvely celled the"lruaf Properfy".
<br /> • . �.t�'� ' � TO PROTECT TNE SECURI7Y OF THIS OEED OF TRUST,TRUSTOR COVENANTS AND AQREES AS FOLLOWS:
<br />�j ` � • � • 1. Tlde.Tiustor covenents.warrents and aprees wlth 8eneflclery,!ta successors and ess�Dns.fhat�r+�stor owna ths Trt�st Propaly hw
<br /> ���" t :.':` � . . . ham any pdor llen or encumbrance,that thls Deed o/Trost!s and wlll remNn e velld and enfaceabla Brst llsn on fhe Tnat Pinp�rry.
<br /> +`'� � � that Trustor,ai Ns expartso,wp!prosorve such tlGe and w►ll melnteln thls Dwd o/Tiust as a B►st and pararnoura fl�n upon fh�Tnat
<br /> � '�'.. �•• ."`�;i;�,'i� Praperty and wiA laever wanant and de/end the valldlry end prJalty o/the 11en hereo!upa/nst fhe chlma o/W p�noi+s and parE��
<br /> whon►.soever. Tiustor,af ka expense,wlll cauae fhls Oeed of 7rust and each emendment a supplement h�reto,to be flled and
<br /> • recorded as e mongage of fhe Tivat Properry/n such manner and!n such plece and wlll take suoh acdon as!n fhe optMon o/TruatN
<br />"� ;� may be►equired by eny present or lufu►e law In o�der ro per/ect melntaM and protect the/!en o/thls Deed ol Trusl,ea fhs sam�may
<br /> `���•"•:' � be amended or supplemented Iram dme ro tlme.Tiusror wlll meke auch lurther asswence or assurancea to perfect Ita tltle ro tM Truat
<br />'k�' - � �. Properry as may be requlred by BeneNclary.Tiustor hereby rellnqulahes ali ngM ol dower and homestead!n and M tlw Tiwt P�qp�rry.
<br /> 'r. -'�.%°' �'��� 2. Payment of Indobtedness.Trustor ahell punctually pay the princlpal of and Interest on Nre Indebtedneas secured hanby.
<br /> �•,..c ;:�,;�
<br /> r �••�. � . 3 Cansbuctla►o/lmprovemeMs.Tiustor shell comptete!n good and walrmanNke menner any bW/d/ngs,lmprovements a repal�s�letlrp
<br />� E �•��'�� ' fhereto whlch mey be begun on 1he Tiast Prope►ty or contempfated by the foen evldenced by the Note secwed hereAy.M p�y whn►
<br />':j i ,;� � . due al!costa end/labflltles Incu►red fherelore,and not ro permlf any constnrcdon Ilen egalnst such Trust Piope►fy.ln ihe event
<br /> .�� ' consductlon ol buildinqs,improvements or repelrs are contemplaled, Trustoi also egrees,enyN�ing in fhls Desd of Trust to Ihe conbary _
<br />; �; .' � nofwlthstendfng;(a)b prompNy commence eny such work and Io complete the proposed Improvements promptly,(b)to aompkte the
<br /> E ;� seme!n eccordance with the plans and speclHcaNans as approved by Beoe/lolary,(c)ro comply wlth all the�erms ol e bulldlnp ban
<br />�f ayreement,ll any,between Tiustor and BeneNclary,the terms ol whlch are lnCOrporeted hereln by relerence and made a peR hereo%
<br /> (d)ro albw BeneNclary fo lnspect the Tiust Properry at all Nmes dunng conshucBon,and(e)ro�epfece any wak a meferiala
<br /> � „� unsads/acrory to Be�elic(ery withln Nlteen(ta')days aBer wr/tten noUce Irom 8enellclery ol such/act.
<br /> �; �. Funds br Peyment o!Chaiges.Sub/ect to eppllcab/e law or ro a wdtten walver by BeneJlclery,Trustor shall pay m Benelialary on the =
<br /> ° . x Rret dey ol each month,or auch other date each month as may be apecl/led by 8enefklary,undl the Indebtedness Is peld!n/ull,e sum
<br /> �� (herelneRer called the"Funds')equal b t/12fh o1 d►e yesrly taxes and essessments whlch may aftaln prloNty over thls Deed of�iust
<br /> and ground renls on the Tivat Properry,1l any,plus 1 i12fh o/fhe yeady premlum installments!or hazard Insurance,plus 7/12th o!the _
<br /> .• r : i . ��• yeeriy premlum Installmenta far mortgage lnsu�ance,ll any,ell as reasonably esdmated InlNelty and fiom tlme to tlme by BeneNclary on
<br /> • d , tl►e basis of essessments and bllls and►easonable esBmates fhereoL The Funda shall be held in an 1nsNfuffon,the deposlfs or
<br /> �- �, � accounts of whlch are lnaured a guaranfeed by a lederel or state egency lncluding BeneNclary.Benef(clary shell appty the Funds b
<br /> -�-�-�� .T.�v�� .lWrJ.��
<br /> \_-'������1' �"Y , .; pay seld taxes.assess►nenrs.�nswence premwms ano grouno renis. aeneSciary sneiii rn.i ue�ey��:e�.��Nay 11 YYIVI a1�IlIIf1 QW V/
<br /> , ' � . •� eamings on the Funds.BeneNclery ahell glve fo Trustor,wlfhout charge,an ennuel accountlng o/fhe Funds showing credits and -
<br /> deblte to the Funds and Ihe pmpose lor whlch each deblt to the Funds wes made. The Funds ere pledged es addiNonel securlfy for
<br /> ;r__ �__ the Indebtedness secured by fhls Deed ol Trust N the amounf o/the Funds held 6y Benellcfery.tooeMer wlfh the luture monthly
<br /> � lnstallmente of funda peyable prlor to the due dates o/texes,essessments,lnaurance premlums end ground rents,shall exceed the
<br /> �� �{ � � ' amounf requlred to pay seld taxes,essessmenta,Insurance premfums and ground rents es fhey�a/l due,such excess shall be,at
<br />� �: Tiustor's optlon,elther prompffy repeld to Tiustor or cred(ted ro Trusbr agalnst luture monthty lnste/Iments ol Funds.If the amount of
<br />� „�.;•`i..;�;. ,;;,;,;`";:•. Ohe Funds held by BeneNclery shall not be su/palent to pay taxes,assessrnenta,Insurence premlums and ground rents es they fall due,
<br />: : •;�: :
<br /> Tiustor shall pay to BeneNclary any amount necessery ro meke up the dellclency wlthin thlrty deys Irom the date notice Is melJed by
<br />' � �;, °'�:�;,+,:.:��� '• BeneNclery b Tiusbr iequest/ng payment thereo%Upon paymenf!n fulf ol all Indebtedness,Benellclary shall promptty relund to
<br /> Tiustor eny Funds held by BeneNclary.1l the Trust property!s sold under the powei ol sale or the Tiust Pioperty!s othe►wlse ecqulred
<br /> �E! ' � ;''` � b y B ene Nc lary,Bene N c l a ry s h a l l a p p l y,l m m e d l a t e l y p r l o r f o t h e s a l e o l t h e T i u s t P ro p e r ry arlts ac qulsitlon b y BeneNcla ry,an y Funds
<br /> ��� F' . • '� '�: • ` hefd by BeneNclary et the tlme ol appllcedon as a credlf agalnst the Indebtedness.ll BeneNclary executes a wditen welver ol Trustor's
<br /> . . ;•� ob!lpedons under thls paregreph 4,Trustor covenants and agrees to pey,belore the same become dellnquent,a!I taxes,essessments,
<br /> Hc�:�a Mro a.�s uww.a.arn
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