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<br />=�_��� 93- �,o�s�!�
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<br />�;ti:,�:�.a;; Flundz•od Forty�8even and ld/100 Dollare (S14,147.19) , -
<br /> '� and any and all modi£ioatione, oxtenaiona and ronawale -
<br /> . �," `". thorc��P. or thoroto and any and all Euturo advances and sz�
<br /> ��i, resdvnnr.as hareundoz pureuant to onu or moxe promieaory ;, �_
<br /> y__�� notoo ox ceo�it nqreamonte (horein called "Note"� � >; �;:;,_
<br /> ` • (b) Thti �aymant of other sums advanced by eene£ioi- '
<br /> nry to proL•er,l: the eoaurity of the Notar and �.� � , yc, �:
<br /> d: s,t
<br /> E `-�il�."t` �t , .-� .{J 1� -
<br /> (c) Tho p�r.formanco of ell covonunte and agreements ,. , ',
<br /> ``)-. � :: o£ Truetor no1: !'.oith herein. t`-.''i •' s.}
<br /> _,._.: .;,.._ ..Y:,_.
<br /> s ^' ' Trarsl:or, to proB4r,t the eecurity of thia Dead of Truet, `�� . + _�.w,��:�a-
<br /> , , jD '' coven�nba and agreon wi.in Beneficiary ae followas ;:�Es„ ;;r} • •
<br /> � _.� {� '�� -y�''A`I':;
<br /> ,
<br /> „ ;� �, l. Pa monl: qf Yrinci al and interest. Txuetor ehall • 5 � �� '`_
<br /> - �romptly pay when uo t:ie pr nc pal o an n ereat on, and any t'r � `, _
<br /> __ feee or charqee provid�l! in, the Note or in thie Doed of Truat. --"-
<br /> ` 2. Title. Trustor is the ownor of the Property and ��,1, ���
<br /> . _ ._�,r. . .-
<br /> Izas the right and'authority to convey the Property. - �;,`,;,�_'-�•-
<br /> 3. Taxes Aesenr,mra�ts. Except when they are conteeted r �:`
<br /> ' in qood faith, o�y hen dn2 all taxes, apecial assesamente and ���i �.P[•
<br /> % all other chargee aqainst Y.Ive �r�perty and, upon written demand '� • � {°'-`�4..='
<br /> ;:�:: :_�,,>..
<br /> by Beneficiary, to pay Yo �3r�ma£iciary euch amount as may be },�f,u�,:
<br /> suf£icient to enable the �eare�Lciary to pay such taxes, aeaesamente : ,�_�'-�',•. ':;
<br /> or other eharges as they beccm2 +lue. Within thirty (30) Qays of °:,�;�'<
<br /> the date .the pAyment of any o� tIie foreqoing taxee, aesessmente � `�.''` `_
<br /> ---�- - or other chnrges should becom2 d¢linquent, the Truetor ahall . t, a �i� ,
<br /> �' provide the Denoficiary witlt a copy of an appro��riate receipt ' il¢:. �i`�
<br /> evidencing the payment Cl�nrr�of. , ` °�� '��t�yr
<br /> 4:. Insurance. AC all 1:imes during the term hereof to ;? ` , j '�g
<br /> keep t[1e ProPerty nrsur¢d against damage by fire, hazarde included " �
<br /> �; osf8tiin t[tix t�rm "exC¢rried coverage", and auch other hazarda as -y, -
<br /> ,- ' • [?�n¢£iciary may r¢quire, in an amount of not leas than Fourteen
<br /> :..! Thoueand Four Hundred Cifty and A4/100 Dollare (b1A,950.�19) and _���i�F
<br /> �,� with companies acceptable to Boneficiary, including a atandard � �
<br /> ��f�!l�t��� mortqagee clauee with loas payable to the Beneficiary and contain- F. $_.' , - '�.
<br /> . }.�.,.`;�� ing an additional provision that the policy cannot be cancelled . � � :-
<br /> ' ' �f�:;��' �� without prior written notice to the Beneficiary. In case of loas � ,`�'�, ' �•�
<br /> � . -. .� under such policies, the eeneficiary ia authorized to adjust, n •-
<br /> �' collect and compromise a11 claims therounder nnd shall have the .
<br /> � . �'� option of applyin9 all or part of the insurance proceeda (i) to i. �`
<br /> any indebtedneas secured hereby and in such order as IIeneficiary 1� 1
<br /> may determino, (ii) to the Truetor to be used for the repair or � --;,
<br /> .� reatoration of the Property or (iii) for any other purpose or ;
<br /> ,.- object eatisfactory to Beneficiary withovt affectinq the lien of
<br /> - this Deed of Trust for the full amount secured hereby before such �',.,. .,
<br /> ��� payment ever took place. Any applicAtion of proceeds to indebted- ;.:��.-.: ��
<br /> . '�'� '. ) nesa ahull not extend or postpone the due date of any payments � -
<br /> i�;,:,�. ' under the Note, or cure any default thereunder or hereunder.
<br /> `�'.�;i'. '. -
<br /> - . - :�''; 5. Maintenance Re airs and Com liance with Laws. -
<br /> Trustor sha11 keep the Property n good cond tion and repa r;
<br /> - . .,,.j shall promptly repnir or replace any improvement which may be
<br /> ��� damage� or destroyed; shall not commit or permit any waste or -
<br /> ' "� deteriorntion of the Property; shall not remove, demolish or
<br /> . � aubstantially alter any of the improvements on the Property;
<br /> . . shall not commit, suffer or permit any act to be done in or upon
<br /> � � the Property in violation of any law, ordinance, or regulation;
<br /> shall keep the property free from all potentially hazardous or
<br /> . � � toxic sunstances and macerza3s and in comp3iance witn al3 iederal,
<br /> etate and local environmental laws, reyulations, orders or
<br /> _ � ordinances; and shnll pay and promptly discharge at Trustor' s
<br /> ,. ' � cost and expense all liens, encumbrances and cliarges levied,
<br /> � imposed or assessed against the Property or any part thereof.
<br /> � � 6. Eminent Domain. Beneficiary is herehy assigned
<br /> � - i all compensation, awa�r s, damages and other payments or relief
<br /> . (hereinafter "Proceeds") in connection with condemnation or other
<br /> taking of the Property or part thereof, or for conveyance in lieu
<br /> - � -' of condemnation. 6eneficiary shall be entitled, at its option,
<br /> _Z_ (
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