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°�j�er�: , _.-'- . _ .fl°�`' _ - .- . - �- - - - --� - - - -.. . �-'-- - '-' � tr�"n. -
<br /> .�n�, .. " ' .�,�'�,�,.`��.r�'...n _- . �_ _
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<br /> �._ I "� 'r ^+3."` � . . .��[_.
<br /> L l . . . : , a_ �.�F;•a�.vf�. _ :... ?�. _ ..._ ...._ -`.- - -- - - . "
<br /> :'^�: 'f n�, 4 !a . -.. _ —'--- - - �
<br /> — �`' '�� .i� s
<br /> __' ',�'.�,. . . . . � � .
<br /> —_ " - . •, ' � , ' � .
<br /> t: . . ' .. . . . - .
<br /> — y. Th�s Deed o€ Ttust &1t�ali secure: . �1"'� �Q���'G .
<br /> .�� ta) The payment.�of t.2te priaai.pat�_ �•etstd iatexeet �_
<br /> - evidenced bp Horrower's Consts�ation.�Lfa� of. Credit
<br /> _ --___-=- Graw Note dated October 22. . i���gr �r havfhg a ---
<br /> - -- ---=-� matnrity date of. Novem�aer i 2994 ,�sth t�e origfnal -- - -�----- --
<br /> --:£�: p�3.ttcipa]. amovAt o Seven -Ei t Thousand Faur 8un.dr�o11a1CS ---
<br /> �}. t� 78,400.00_), aad anp aad all fiaat ons� extensiotts
<br /> ,___, - =_�; aad renewals thereof ar thereto and aay and ali future = _ _
<br />=:„�t;�'� a dvances an d rea dvan c e s h e reuuder pvrsuant to one Qr -
<br /> • a��ee�promiseorp notes. or credit agzeements lherein � . - -
<br /> ` Cdll@� �NOC@+�= � �
<br /> �. ' _:, --
<br /> � `� (b) �ha payment of ather aums advanced by Lender , ����=—�
<br /> � ����� ta protect the aecurity of the Nate j ��-
<br /> Y�_
<br /> ' �_ _�
<br /> _ . gF.
<br /> � �* . (c) Tha performance of all covenants ancl agree• � ��:;�'_�G=
<br /> . - meats of Borrower aet forlh hesefn� and �;;���:����
<br /> �..,.�:. ':r.
<br /> �� � - (d) All fndebtedness and obligations af Borrower �=��A�
<br /> to Isender whether direct, indirect, absolute or con• ��=;:,�:
<br /> aran over• ' `-=y;--
<br /> ` " tingent and whether ar�sinq by note, gu ty. - -
<br /> �. �`_��.'�.�.._' '� draft or otherwise advanced for the purpose of making . � , -
<br /> � ; ' improvemente to the real estate here��abone descri.bed. ;�.� ..
<br /> `.,;i��- - •. The Note, and aay and�alI o�t�ter doc�ts that secure ,•�=-;'�'��;���i'�-
<br /> the Note or otherwi.se executed in conn�ction therewith, �•""' � -��`���'`'-""��=
<br /> _ • � r... .- ..,..;.•:;,;;;�'�
<br /> � "�� ��. �a; ' � ' " incluc3ing, without Iir�tation, guasa�i:tees, security �'�..
<br /> h �. ;�.��:
<br /> ;� .� ;, :t��'�� � � .=+ �' aqree�nts and assig�cQmts o€ leas� aiit� rents, shal�. ' .` . . �,�
<br /> _;��. ��� n -_.--
<br /> ��� ' be referred to herein as #Iae `�F�an. ���ivments. ` ` � , --
<br /> _ , ��-
<br /> :�k,{ , �:�; . -
<br /> r , . �. r . ,
<br /> ..,�; .. f • '� ..`�, Borraa�x, to protect the s��������:.this Deed of Trnst. . f.:%
<br /> '�;� `- �, �y�:, conenants �d aqrees with Lender ����e�cl.cz�w,�� ��,: '
<br /> �j � r � . . .• , �+��.
<br /> �f r Z: Payment of ]¢rinc�Z and Fss�.�re�t. - eorrower shall � t�;� �� ',�:f�
<br /> ;,.-;L,,;:�.;�. �
<br /> � ''� :,r;;�
<br /> '"�. t�;:._'� �'����#;'::;�� premptly pay when due the pssncipal of an� `interest on, and any � ., ,: },��,, ,�
<br /> � �3`����� • � � fees or charges provided'inr .the Note or s:� '�his Deed of Trust. � ; � : °t;:=:�:_ `� �.
<br /> ° ,..,. ,::':
<br /> "�G,� ; .. ... ` and ��:'�";.�: `' F
<br /> ��. �,.�;:- � • ` 2. T3tle. Borsd�er is the o��r of the Proper�y ;:{�;': , .
<br /> .Y;,..
<br /> , � '�'� �� has the rfght and na thority to conve� ti�R L='roperty. ��
<br /> ,S ��' , , , • ..: . .;
<br /> ��.��.?a , ` . y' ' .' - � . .
<br /> � ;:?�:. - ��'. . . 3. Taxea Assessment�.. �3x��.. when they are con- ��� _ : ..- -
<br /> - ., -. � � .! � .-
<br /> tested irs:goud fasth, to pay w.�u.,.,c�sp aZL. ��xes, special assess-
<br /> `�:��. � � 1 � ments and al l ather char ed �g�i.ust fYi� �operty and, upon �',
<br /> q ��
<br /> � � ,,^��.� � written demand by Lender, � �Sa�� ic� Lenc��� ���nch amount as may be � . ,. �
<br /> aufffcfent to enable the Lei��e� �� pay suc� taxe�� assessments oz � � � ' � .
<br /> -- �� � other charges'as they beco:�e �:�i�e. �j . .
<br /> ,f*� <•' . .. . . � � � �'' �
<br /> "'r��_ _.: . ... . � �. Insurance. 1�� the begf.�s�aa.g oF constructivn or ' 4 - • . .
<br /> Y�'t" � � � renovat�.a1: cf buil`� ding, to t����� �iiP 1�`�a�erty insured aga�nst . t � � ��
<br /> .:..:��i:,�f;t` : � . , .
<br />��;;,s�;;.;.;;.;_.,'y; '-` .. . . , . . dasaage �� fire, I�azar8s includ� ��i��tizn the term "all risk : � � �
<br />,;;r;;�',°.. �� � caverage'°, and such other haza:�3� �:�z�, L�nder may require, in � �
<br /> '`�'�" '`�•��`� � amounts �n3 with companies �.rcc�S�.�I�It ta I,ender, including a . 1 .
<br />:..,:;,,.��, .�� .. .
<br /> .,,,... .... �:, �. . . . . .
<br /> � �����• � � standasd a�ortgagee clause r�:��� Le�s �u�•al�le to the Lender. �n ,
<br /> :.�,.,;.;,, , ., .f .
<br />'J�'";�,:;'��;,;,,. case of losa under such pdT%cie:r� ��:'t° Zender is authorizea to
<br /> <{'��"`�''��� � ac7just, collect and campror��s2 aL�. cl�i.ms thereunder and shal]. ;
<br /> ,,,,.�,�.•.:,{�,, , .
<br /> ���`�' .� � have the option of applying aIl or part of the �,nsurance proceeds
<br /> . (i) to a»X 3n8ebtedness secure8 hereby anc] in such order as
<br />.� � Lender may determine, !ii) to the Horrower to be used for the '
<br /> � � repair or restoration oE the Property or liii) for any other '
<br /> . � � purpose or object satisfactory to Lender �aithout affectinq the ` �
<br /> �� lien of this Deed of Trust for the full amount secured herebp
<br /> � � � before such payment ever took place. Any application of proceeds �
<br /> • ; � � to fndebtedness shall not extend vr postpone the clue date of any �
<br /> I . .. . payments under the Note, or cure any default thereunder or here-
<br /> - � • under.
<br /> `' S. Ma3nte�ance, Re airs ana Com liance with Laws.
<br /> : Borrower shall eep t e Property n gov cond t on an repair=
<br /> � . • shall promptly repair or rep].ace any irnprovement which r�ay be
<br /> � damaged or destroyed� shall not commf.� or permft any waste or
<br /> :-----=
<br /> �'. -- -' = - - deteriora��on. of the �raper��; sha�.Z nat resae•,re, dema23s2t cr -
<br /> . .. :__ _�-�.._ _ __. --:--.- �--
<br /> .. --� st�sEas�tially alter any of the im�rre�v�raen�s a� the Progerty:
<br /> � � � + ' sha21 not ccimmit, suffer or permit any act t� be done in or upon
<br /> ,
<br /> . . . �2Y
<br /> „ �:, �'
<br />
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