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<br /> . _ t . . . , �.,,: . ' ' � . .. ' ' . .� . � � , .�, r � . ..
<br /> •- t [ ` _ . . . _ _ .. . . . . . - � ..
<br /> � � �. shi� peecl of Tsast sl�all ,secare:� .
<br /> ..Sc�
<br /> . - - ta) The �paya�ent o€ the pr��ipal. s�,a� fnterest
<br /> � ; evi.dencea by� Borroyer•s. Coa�t�+lctia� Lin� of Cr�it � �_
<br /> ` ° . Orar �fote d�ted Juty li �, 19 91 , � tiavfag a . •
<br /> � aatnrf.ty date of. Ja� i . 1992- .�. the orfgina2 �
<br /> • a w,..�t.. rri4e ouasnd aad.]I01100 D�I].ar a �=--
<br /> ___,: - -pri�tcipa� amo�nt= ,. .
<br /> . . �; ' ?. � �Y F. . cat ons, exteasions - .
<br /> � an ren�A th�raof_ a.z..tbereto and iiny and all.,.futnre _ � -- �
<br /> " � �..�'-4ti� ' "_
<br /> . . , �.��c�ira����.�e!-.�sadv�s��:�t . e�nde�. Parsuaurt :to -oA�-�n.-
<br /> � . `ause �O�iiO� ,A4�Ci ur essclit- aqrse#�enta Ih�s�in .
<br /> -- ' . . ta11e�`"l�lota"1.F - � ' -
<br /> _ ` . . ib�_ The payaen� ��_ot�e�'suas adaanced by '�nder-,
<br /> .--
<br />--=--- --- -..----
<br /> of �he�tet --- -- - -- - - -
<br /> _ . , tQ protect the�secur�t� _ � ---
<br /> __ - �c} The _pe�foreance of a�.i �avenants and agree- ,
<br /> - - � . aents of Boncwer set fort�► &erein; anc] _
<br />__- _ ,� �. (d) l�11 iYtdebtednesa� and qbliqatioas of�Horrosres �
<br /> -_-- _ • to- icnder whether direCt,. 3.nd�rect. absolitte or°con- --- -,- , _ _ _ _
<br /> � � .._ _tinqeat and whe�her �arfsiaq by note. 9�aranty, over- _ -
<br /> • h
<br /> T�♦-;: . ,��,.:draft or otherwi.se advan+ced for the purpose uf �akinq ., .
<br /> ` - �: 3.mprovements to the real 'estate l�ereinabove described_ _
<br /> � The Hote, and any and .aT.� other dacuaeenta that secure _
<br /> -- ._, . the Note or othezwise �,it+eau�ed in casusection theze�with, �_ --
<br /> � including. withant limitatfan. 4uarantees, secur%�y .
<br /> �,, aqreements and assiqnments of leasea aizd rents�:. sball
<br /> be referred to here£n as the "I+oan Zast=waents.'�:'. -' : _
<br /> ' Barrower, to pratect the security of this Dees�, mf Trast, ` ----
<br /> caveaants aad agrees w#.�kh �.ender as fc�.�os+s%
<br /> " 1. Pa at .of Prsuci al. and Interest. Horrover sb�11 �. .
<br /> ;, psomptly pay when d�e.the pr c pal o and atereat on, and aap --�__ __
<br /> � - fees or charqes provsded ia, the Note or �.� this Deed of Trus�. �,.�._��
<br /> 2. Tit2e. Borrawer is the awner of the Property and � -�'`.--�;����
<br /> . :.��,;._:: :.�
<br /> � � hds the right and authority to convey the Property. ::::,..., _-
<br /> . :«���.y-�_
<br /> 3. Taxes Assessntents. Except Wben they are con- _ - . _
<br /> �^� 7...r
<br /> - tested in good a th, to pay wlen due all taxes, special assess- ,. . ;3�.
<br /> . �� meats and all other charqes agsinat the Propesty an8, upon . =;�����t-?._ _
<br /> � �itten demand by Lender, to gay tv Lender such amouat as may be . �•��_;��.;�
<br /> suglicient to enable the Lender to pay such taxes, assessmenta or �_
<br /> .: ,..
<br /> _ :_...,-
<br /> . � � other charges as they become due. � ::';� ::_•-�
<br /> Insurance. At the beqinning of conatruction or � ���"�`
<br />- � ��'. renovation4of buildi g to keep the Property insured again�t � � _��=�- - :
<br /> � �;
<br /> 3 ' . damage by f ire, h a z a r c]s i t s c l u d e d w i t hin the ter� "all risk �.,.�; �.� :::���
<br /> ,,;.,.�
<br /> �� � caveraqe", a�d such other hazaras as Lender ma� reqttire, 3n . ; r..,;,:��.: ': ��y�__
<br /> • anwna�s and �rith. comgani�s acceptable to Lender, includinq a : -.- �-
<br /> . `�1�. ? atandard mortqaqee clause with loss payable to the Lender. in � � . �
<br /> - case of loas nnder such policies, t�e Lender is authorized to
<br /> � ad�ust, aollect and comgromise a13_ claims thereunder and ahall � .__
<br /> have the option of applying aTI o� part of the insurance proaeeds � . ..
<br /> "c; ii) to any indebtednesa secured Hereby and in such order as � � .
<br /> .�} Lender may- detern►in�, «f) to the 8arrawer to be use8 For the ;
<br /> - - _ - • �t repair or reatcrat�on of the Praper�X or �iii) for a�y other ; ..
<br /> '` , • purpose vr obiect satiisfactory ta �nder without affecting the -
<br /> • ' " Iieu of �h3s Deed of Trust £ar *he full amount secured Aereby .
<br /> � -��, �, before such paya�ent ever took place. Any application of procee8s : � _
<br /> ,�:�`,.;:�` to inSebtedness sha1.�. aot extend or postpone the due datie of any ; ,
<br /> � Y:`� pay�ents under the Hote, or cure a�y default thereunder or here- � .
<br /> � nrteer. � . + �
<br /> ;r.
<br /> , � a:--: ,-: � �
<br />- - - - �-- - - - S. Maintenas�ce. Re airs and Com liance with Laws. __ .
<br /> � ' .'°" Harrower shall eep ti e praper y n qoa con xt on an repair; � . ,
<br /> , ���_�.�::�.= shall promptly regafr ar replace any 3.mprovement which may be� •
<br /> � damaqed or destroyedt shall not commit or permft a»y aaste or -' ,
<br /> � f ' ,` � � det�riorat3on of the Propertyl shall nat remc►ve, demolish or
<br /> � �t�$ �� eubstantially alter any of the improveme�nts on the Propertyt
<br /> � ` . . . . �
<br /> ' '�� �--`--�'- s�� nQt aom�n.it,. sufEer or pesmi.t.any_ act to be�"done in .ar ugo»
<br /> �;�� "_�. - - - --- -
<br /> �� .� � -2- � �
<br /> , :;:��..���.. -- _ _ . .. _ _ ,. _ -- _ _. _ _ _ .
<br /> ..ti-�:.;::i;.t>.��, .
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