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<br /> •��, , wi�h any and all r�n�wals, a�odilioatioru, and �xSt�nsions �lue�o!
<br /> '��<�1.<;;y,.
<br /> --=-='='`� a ar�d eubstitution or �xohanq�s th�r�lor�, h�r�in r�l�rs�d !o �
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<br /> �'.�:�:����,t�.i th� MNot�°1 in th� riaai 1 su� o! o�i� NIY.LTO11 tui� Nu11D3�D `�_
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<br /> -,';.•� FIFTY THOUS�ND 11ND NO/�.00 DOLIAIi�, t8�,�ao,000.oo) toq•th�r with
<br /> ,�. ;�.. �,
<br /> `"� -�°•� iat�z��t at th� rat� providad th�r�ie, With a lina]. �aturity, i!
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<br /> ; not saon�r p aid, o! lw q u st ls, zooa.
<br /> — - .,�;n,,�.�ir
<br /> "'�����`:s:- �" This Dsod o! Trust, !h� not�, and any otN�r not�a or -�
<br /> � ==:a��:fs�.�::�-;-.,.`:;:.
<br /> ''��`�'�'�"�r�'��;.`';>' irutru�wnts qivan �o ovid�nas or la�hwr �aur� th� paya�nt �nd
<br /> ,�se����..
<br /> _-�._._.;�:,�;:t... '
<br /> � --:--t:�;,:,; p�rlorsana� o! any obiigation s�curinq lur�by ar� r�l�rr�d to
<br />--� --��-,�—'�°`f�``f��:����� collsativ�ly a� th� MLoan Instru�ants�. ---
<br /> . - .>,�,
<br /> -., �,�r►�c ...�t,:�.`�;��:> -
<br />_���i;��,,,��;,;_:;.::.�• 80RROWER aovsnant� that Sorrow�r is lawt�ily s�is�d o! t1��
<br /> _- ._�. t'r,i�� •.�:r�sr,;;�'{•'�,
<br /> �.��.-,� �'>::�r •�'� `� ���• Proparty b�roby vonvoysd and has th� riqht to qrant and aonv�y
<br /> _ �, .h��.p ��.f�,f. ...
<br /> . .�''`t:;:"• ' tha Proporty, that tho Praporty i� un�naumbor4d by any sortqsq�,
<br /> , � ,sr�;/.�i;c.r.
<br /> '��� ,�� .� ,,;.,.i�.:y'.,,i.. .
<br /> � � ;:;�. �x'�''�������,���;, trust dssd, aontraat to purcha��, or othorwiss. 8orrcw�r turth�r
<br /> �, .;:"`'' � '.':;;'';�,�i�;.°� aov�aant� to warrant and d�l� th� titl� to th� qrop�rty aqainst
<br /> ` '�:;:�i, y'.;;`''���`f,�. all alaims �nd damands.
<br />. ;lT ii�,�t;ilS^_}'-
<br /> � Horrow�r and Lendor lurth�r aov�nant and aqr�� as lollow�s
<br /> . �:Y{�� 1+�� ����`. �' ; � --
<br /> � � ,;... . _ l. Bcrrow�r shall promptly pay wh�n dus tho principal and —
<br /> — .�; ,�'. ,° �s .� fnterest Qn the indebtedneee evldenaed by the Hots.
<br /> +�;'af:.:.t;::.�;_ -
<br /> ,�r.� �,,, •(:;�;:
<br /> �' ,� :.,�,:,.
<br /> :`,'�}`,�;':�`�`;�i�;'�j'�+"`.: Z. ]1t iRaat toa days b�foro tha boaoma delinqu�nt,
<br /> : ...�a�:::.,�.,� ��•
<br /> ,�:�n„yf'!'. ..
<br /> � ���1•�•��;�!��.;� Bc�rrowor shall pay all taxes and 4p�a al a�aesements l�visd or
<br /> � 3i�.. i.';:,.,-.:��� aaaeaaod againat tho proporty, or any part thareol, and ell ---
<br /> ."''�'��''''' � taxes, levies and asaoasmonta lovisd u
<br /> . :.. �•.:,., ,, : pon this Trust D�ed or th� �.':
<br /> �'�' � � �r-�•i'��. • dabt which it asaures.
<br /> , •rti�.
<br /> �''�± � �`��'-���`f�'�"' 3. Tho eorrower ah�ll koap tho improvomants and builclings,
<br /> � .✓-`�''���sc:;a;�s•::�� •
<br /> >, ��+:��� �•��; i f any, upon tha proporty ihaurad, with a aompany or compatsio4
<br /> ,_;�;',�"':�:;�,?���;��.,� , approvad by th� I.onder, !or tho amount o! $ !or lir� �
<br /> �-.a:a>::.���: :.��'.: . damaqe with a atandard mort �go claua� with lo�s payabls to th� �_�=�
<br /> �+,�;;�,.:��.�,.:;.;;. �
<br /> ,.,,��..;, Iander. Aorrowar �hali d�l v4r said policy or poliai�s to th� �►_
<br /> '�� Landor.
<br /> . n,,�;;r�7„��;: :r �
<br /> �"� ' 4. Unles►s applicabla law provides otherwise, all paym�nts
<br /> :��� • � . reaeive�cl b tha IRnder under this Note shall be appliad by
<br /> . e y
<br /> . ��- � :,..���,,.�. Lendar. Firat in paymQnt o! unpaid taxaa and aaaaaomonts
<br /> •� �''�� };•'�' •�"' rolorred in paragraph 2. hereol, than to intaraat payablo an tho —
<br /> 3. . . ..a,a.: -•
<br /> •�.= ��• .. ., Noto, then to tha prinaipal oP tha Noto, and thon to int�r�st and
<br /> • principal on any lurther ndva�nces nr othor indebt�dn�ss ��curad � �`
<br /> .. �;s,� . . h�raby �
<br /> �..:� � .
<br /> fi��
<br /> , ,. 5. Borrower ahall keep the property in good rapair aad �
<br /> ° shall not aommit wasta or permit impairment or d�torioration o! {�
<br /> . fiha property. �.:
<br /> . � 6. If Borrower fails tos d) maintain or pay thQ pra,aiuma
<br /> • ,• fQr the required insuranao o! the property, or b) p�ay taxo�t
<br /> before delinquent, or c) pay any amount due under a prior
<br /> ". . " �-'�- mortqage or trust deed bafore ctelinquent, d) maintain tt►a �
<br /> � property in qood repair, cr e) perlorm any o! the aovenanta or
<br /> "' agreaments ot this Trust Deed, thQ� Lendar may at its option pay
<br /> suah insurance premiums, taxos, mortgaga or truat daed or
<br /> . . �' �t�nulatAd navmanta. or mako rae�ira wr�d dink�i�ra� auQh aubs snd
<br /> -. :- ---�------ �- -- - -�---- - -------- ----- --- ---- -
<br /> � takQ euch action as� it deems necQSSary to protact its intar�at
<br /> � without waiving or aPfectinq its riqht to daalaro a dolault a�nd
<br /> , : aacalerat� th�+ debt secured hereby becaues o! +�ny auch lailur� o!
<br /> tha Borrower. Any amounts so disbursod by tho Londor shall
<br /> conatitu�e additfonal indebtednoaa o! Horrower aoaurod by thi�
<br /> � Trust Deed and shall bear interest lrom tha data o! disbursament
<br /> � at tho rate payable under the Note. Nothinq aontainad in this
<br />. i
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