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<br /> IT IS AdREED THAT TME lMTBRHST H�REaN COMMENCES SEPT�M9ER 10,
<br /> 1993� IF ANY PAYMENI' IS NOT PAID WM�N DUE THE UNPAID BALANCE U� TME "
<br /> PRINC �PAL SHAIL BEAR tNTERE57 THEREA�TBR AT THE LEOAL RATE.
<br /> '��. IT IS AOREED BY AND B�TWEEN THE PARTIES HERETO TNAT WHILE TITLE
<br /> IS VESTED 1N THE jRUSTEE AND UNT�L F1�ING OF NOTICE OF DEFAULT, 7ME
<br /> TRUSTORS SMALLi
<br /> A. RBTAIN POSSESSION OF THE PREMISES AND COLI:ECT THE RENTS AND
<br /> REVENUES THEREFROM.
<br /> R.`
<br /> B. MAINTAIN THE BUII.DIN(iS AND 1MPROVEMENTS LOCATEp TNEREON 1N
<br /> GOQD CONDITION AND REPA1Ri SAID BUILAINGS AND IMPROYEMENT5 THEREON
<br /> SNAL1. NOT BE REMOVED OR SOLD WITHOUT THE WRI7TEN AGREEMENT AND CONSENT
<br /> ' `�`' _ ,,, , OF Al.l PARTIES HERETO.
<br /> ' �'s�'���:. ra
<br /> �4e� ,�R
<br /> '" 3� C� PAY ALL TAXES AND ASSESSMENTS LEVIED OR ASSESSED AGAINST OR
<br /> � ����..�
<br /> '�'"�"'�' =''',1'f�~'"��(� DUE UPON SAID PREMISES BEFORE DELIN�UENCY, ANU TQ DELIVER TO
<br /> �'� . ... .:�.r ..., ,;'Hi
<br /> ' "(`' :i�=� '�:i�°j�(1�° ' BENEF 1CIARY COPIES OF REGEIPTS SHOWIN6 PAYMENT OF SUCH TAXES, 1F SO
<br /> ;Jf�'�.h::''r�y:Y�,`.W�—a
<br /> �' •� ..:.. �, DESIRED BY SA1D BENEFICIARY.
<br /> . . �:�<iE�,.,: x:,�.t.,.�. r.'
<br /> �':+•'�•'�;�;_',:,r.� �:'�,..
<br /> • ' � • �.•�+����•�••. : D� KEEP SAID PROPERTY INSURED M1TN A CQMPANY SATISFACTORY TO
<br /> 'k�'�'����''�������•�'-• BENEF ICIARY AGAINST LOSS, AS APPROPRIATE, AGAINST ALL R13KS,
<br /> >. . • , • � IN�I.UDING, BUT NOT LIMITED TO FIRE AND EXTENDED COVERAGE, WIND AND
<br /> r� ,,;;,. . . . NAiI, WITH LOSS PAYABLE TO BENEFICIARY, AND WILL ON DEMAND PROVIDE
<br /> y� ;;�' ,,�-: : ' COPIES OF SAIA POLICY OF INSURANCE OR FURNISH PROOF OF SUCH INSURANCE
<br /> �� � TO $ENEFICIARY Apii BENEFIi.IARY SHALL BE NAt�ED AS A LOSS PAYEE tlNDER
<br /> . R; : ' � , ALL SUCH INSURANC�. BUT 1N THE EVENT OF A L055, ANY PAYMENTS MADE TO
<br /> BENEFICIARY SHALL REDUCE THE PRINCIPAL SUM THEN DUE AND OW1NG UNDER
<br /> � , • � AND BY VIR7UE OF TH1S TRUST DEED AND TRUST DEEA PROMISSORY NOTE� IF
<br /> �'"�'t;�� �� + � . ' THE B�NEFICIARY DETERMiNES THAT SAiD INSURANCE IS INADEQUATE TO
<br /> 't:':�-�'•'����� 'Z." ' PR�3TECT THEIR INTERESTS , BENEFICIARY MAY AT ITS UpTION, PROCURE 5UCH
<br /> .� � , ,
<br /> ''i`'�`►� �; :, , INSURANCE, DISCHARGE TAXES, LIENS OR SECURITY INTERESTS OR OTHER
<br /> �� �� ENCUMBRANC�S AT ANY TIME LEVIED OR PLACED UPON 7HE REAL PROPERTY� AND
<br /> ,'.:, .
<br /> � ' ' PAY FOR THE REPAIR OF DAMAGE OR INJURY TO OR FOR THE PRESERVATION AND
<br /> fs . .� ' ' MAINTENANCE OF THE HOME AND R�AI. PROPERTY, 1RUSTORS AGREE TO
<br /> •�►• 1„`i
<br /> c REIMBURSE BENEFICIARY ON DEMAND FOR ANY PAYMENT QF EXPENSES INCURRED
<br /> i� : •;':'.�' BY TRUS7EE PURSUANT 70 THE FOREGOING AUTHQRIZATIQN� UNTIL SUCH
<br /> ' REIMBURSEMENT, THE AMOUNT OF ANY SUCH PAYMENT, WITH INTEREST AT THE
<br /> �� � . , . . RATE OF 11� PER ANNUM FROM DATE 4� PAYMENT UNTIL REIMBURSEMENT SHALL
<br /> ',,' , aE ADDEA TO THE INDEBTEDNESS OWED BY TRUSTOR� �
<br /> . ��. :
<br /> • ��,;�;' E, �I�RUSTORS AGREE TO MAINTAIN A GENERAL 11ABILITY POLICY ON THE
<br /> j4: . ,�
<br /> .' HQMF AND REAL PRUPERTY, NAMING TRUSTEE AND BENEF[CIARY AS ADAITIOH�� -
<br /> .. � �:y�•:.�f••• NAMED 1NSURED ANA SHALL CONTAIN MINIMUM LIM1tS OF LIABILITY OF
<br /> �� ,;'� lUU/�OU/100, ';:'
<br /> � � 1KUSTOkS COVENAHT AND AGREE THA7 A FAILUPs ': "At:E A�:` PatiMtP." , �
<br /> • EiTHER PRINCIPAL OR INTEREST ON THE N07E SECV��c.:� ���r�BY WHEN AUE A:L:�.�
<br /> F�AYAL•'LE , uR A FAILURE TO COMPLY WI7H ANY Or Tr+� : ; 1�ENANTL hND •
<br /> �• � � AGREEMEN7S HEREIN SHALL CAU�E THE wHOLE �:�N JF MOfvE7 tiEt.�E� SECURED Ti;
<br /> ' � YF.COME DUE AND COLI.ECTIBLE AT ON�_f �' 7-i JPT1��'� l•r 7Ns �ErIFFICIARY , �
<br /> � '� � � � AND }3ENEFIC1APti '��-�.1 HAVE TM: � : '.�•-�'. TQ �AU5E 1�:` : :� i�P :'�FaUIT 7i' B:
<br /> � .. ��SVEN ANL T�[ P��t"'1�ES TO FE i;..: A5 rRi � tL''tD HF�.� :!�.
<br /> '• � , ,�': '�u�"'I�n� , TNE �u_�_��.:^�:� ���a�� :: `�5't:Tt,-E « G�FA��i' UNDER 7r�I5
<br /> � . UEED :� �l'w��ST;
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<br /> . :•,� � A . �+ WF :T '�F EhF.CUTI��N �F :.'-':�_!-�."�Ni ��P �'+� : :�' :�Ak PRUCE�L
<br /> ''�'1 �NAI.L BC ErI�ERED AGAiNsr TRU�TOkS w�:�:� �*�:-L� b�� :M� .. ..:�'r� Utu 'r+�
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<br /> �� , fi. 1NERE SHALL 8E � ILED Br OR aGAt :+:.r ; ku :.',-�P; Ah ACT ;e`. �w:.=�
<br /> Ata� ►�f.tF.=ENl OR FUIURE f=EuERAL� �TATE OR U1H�R 'Twt�;7f: , LAW GF�
<br /> � . �'� REGU�.A1'I�h RE�ATING TO 6ANM,RI�PT�t , (N�UIVEP�I,r ;!h iTHER RELIEF FJ�
<br /> � ) DEBT�R:; ;, J� THERE faHALI� BL• APPUItJ7CD ANY 1f«�::TL-r , P.E�EI`lEf2 OR
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