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<br /> TO(;ETHEtt WITH,a11 reMS,profits,�oyatties,income mu!oMer bene�its derived from the reat pru�rty:nll leasrs�r su6leasrrs cavec�ng tAe� � '=��,;`'a
<br /> +'� � . r�td praperty nr mry portiari thereof.now or hereafter eaisting or entered iMO,and atl right,title and interesf of Trostar tAat�ytlder: all in- :�_`�l��-
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<br /> ,.,:�,, ; ;� �, . tenasts,estute ar other ctaims,both in law and in equity,which Trustor naw has or ma�F Aerefliter acqwre in the red�cnperty:�q1(�easemems. � � .�.�0.,,,=--�
<br /> f . ���:, . rights-of-way.tertemeMs.t�seditamerns and oppurcenarrct�thereof and thereto:a{t o�ond gos rigMs and profits.�rater rigMs.and woter � L..�;. , _ ,:
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<br /> ��;:f, ' ,' s tO d c:.e l l ri g h t.ti t te a n d i n t o`n e s t o f T ro s t e r.n o w o w n e d a r�h e r e a ft e r a t a u i re d.i n a n d t o+e n y l a n d ty i rt g w ithirt th e ri gfit-of-w o y q�4�t st►eet or � +',��,�� �-
<br /> .. � �` _ � hi{�hway ad'{oinuig the reo�propertY,mtft and aU 6uitdings,fixtures,improvements,artd appurtenartces now or hereafter ere�tad thereon or ,:�.:s.,�;,
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<br /> _ - - �- b�longing theneto,(herein referred to as"ImprovemenY'ar"Improvematits")r and any and all awardsmcde far the taking�Y emineM damain ,���°�-���,
<br /> ~' � any praceed: or urcl�cse in lieu thereuf.af the whote or any peA of the real properry. � �'`
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<br /> ' ;�:•�,.. All of the foregoing estate,properry and interest hereby tonveyed to Trustee herein collectively�efeRed to as the"Properryr'c. � ` �` �
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<br /> t:::�:. . i; ; THiS DFED OF 1RUST SHAII SECURE: . -
<br /> . • � �
<br /> y�•. � (o)The poymet�t of indebtedness evidsnced by Trustar's note of even date herewith in the prirtapol sum of __
<br /> .- . 3' � ' Thirtv Thousand and no/100------- -- ----------�-Oollors (f 30.000�0Q�� 1. .'',`•'�_�_-
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<br /> -:7 r.,, .�r . '. J, ta�ether with interest af Me�ate or rates provided therein,(herein,togESFter with any and all renewals,madi�cotions,and e�ens+cna.the�eof, :L=-
<br /> � �� � �'• r�terred to as the"t�ote")Itea'h principol and interest an 41rte Note be+ng poyabte in accordence with the terms set�ferth therein,�eferente to ;�,�,;' ,_T�`_
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<br /> _;:}'..; 'F ' whith is hereby mada,the�!pal►ment of principai artd"uitecest,if not saoner paid and if no renewols,modi�icutiorts cs extensiena are mcde, - __
<br /> ;�t'.. + � due and payabte o October 1 1998 and a21 renewals and extensions thereof , '',t;`::_,,;_�_
<br /> ' i, lb)Tha performance of eech agreemerrt ce�i eovenant of Trustor herein eantained;and � `��r��_
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<br /> (c)lAe payment of any sum or sums of rraney with iMerest thereon wfiid►may be hereafter peid or advanced under the terms of this Oeed of ' ` =�<��:��_�
<br /> ' '� � Trust. � ' � ---
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<br /> �,.. , • . (d)The payment of any tutur0 advontes necess�y to protect the seturity or any future advante mode at the option of ihe partiesr and a ��
<br /> =-'` �• - � (e)The performance of an obligation of any oMer person nomed in this Trost Oeed to o beneficiary. . , •
<br /> ' �}' � :� TO PROTECT?HE SfCURITY 0F THIS OFED OFTRUST. `.,�`�t� "i �rr -
<br /> . _ :, {� . TRUAOR HEREBY COVENANTS AND AGREES AS fO1lOWS� .::;i��:,�;.�: _'.:.
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<br /> � �• ; l.��st ol�itee�l eed beteresf.T�ustor s1w11 promptly pay when due the printipul of and interest on the indebtedness evidenced by the � .,•':Rt,�: .,, �
<br /> 'i�.; .t, t�bte,and oll other�hmrges cr:d fees as provided in the Note,and the prineipel of und m�est on any Future Advances secured by tdia�Qeed of . . '
<br /> . .:�.:
<br /> � �:��,�':,. " T�2.W�rael�of TiHe.Trastrn is lawfulty seized and possessed af gaod and indefeasitt��:�te ond estate to the P�apeetp heraby comoy�ed and _ ., � � . ' �
<br /> �� �_�' � hus the rigfit to grant and comey tAe Propertys the Property is free and elear of o41�:c�s and entuRtrances exseqt�iens naw of�ecard;end . . . . .
<br /> _ . •.� . � Trustor wrll wmrant and defend the titte to the Property ogainst oll claims and demands. • . ..
<br /> . , ;:
<br /> '�.• • ; . 3,M�ri ta�a�iM ts�a.Trustor shoU keep the Properfy in good cc;�inan and repair and sirrlt�4 commit waste�or permit .
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<br /> ;ti�:�• •�, impairment ar deterioraticn a�the Property and shall ca�ryty with the provisions of any tc�r^-.�a ii this OeeQ of Trust is art a teaseho�d.Na improve-
<br /> �r' Y mertt eow ar hereafter ero:t�sd upon tAe Properry shall be a�tered,remaved or derrt�i>ed without the prior written tonsent of Benefieicry.
<br /> . : ;�_ .
<br />- ;� �' ;�, Trustor shall campty witA all taws,ardinances,regulations,covenants,ccr•d:lions and restrictions affecsing the Properly ond aof ccm,�nit,sufier. �
<br /> ' it or permit any net to Oe dane in ar upan the Praperty in viofation of any t�w,ordintinee,regulation,tovenent,tondition or restrictiorr.trustor .
<br /> :�_ '�; � slmll eamplete or restora pramptty end in good workmanlike manner any improvement on the Property which muy�e dmnaged or destroped and �
<br /> '• �y,wnsn dus,atl ctaims far tc5or performe�n�d mcterials fumished therefare and far ary atterctions thereof.
<br /> �:. _.�,;_ :� .
<br /> �'� 4. �act.Trustor,at its expense,will maiMain with insurors approved�y Benefitiary►,insuranee with respeet to the Imquovemems and ,
<br /> �� .±�; persoml properry,constituting the Property.against loss by fire,lighfiing,tomado,and other perits and hoiards covered by standard extended
<br /> .. �. �, eoverage endorsemeM,in an amaurtt eQuol to at leest ana hundred percent of Me futl reptncement vatue thereot and insurance against such
<br /> - othar hazmds and in such amounts as is eustommily tarried by owners and operatars of simular properties ur as Qees�ici�y may require for its
<br /> ;t. _. �`;: . .,
<br /> {:. �• . protetflon.Trustar will ca�ly with sucA other requiremeMs as Beneficiary mcy from fime to tirrte request tor tAa Qroteetian�y irtsurant�2 of the
<br /> ' ' iMerasts of the res�etive parties.A!1 ins�ance poticies maintained pursuant to this Deed of Trust shall ronte Trustar and Beneficiary es in- 4�
<br /> :�:,.. ;'_�..;,,.,.._..: -:;._
<br /> staeQs,as their respecttve irnerests may appear,amd provide thot Mere shall be no eanceltotian or madifitatian witAaut no tess M�1 S days f
<br /> ? � • � , prior wrltten�rotification to 8eneficiary. tn the evertt any policy hereunder is not renewed on a Defare 15 days prior to its exp'uation date, !
<br /> ,. . Benefitiary may pree�ue sueh insuronee in aecordanoa wiM the provistons of paragraph 7 he►eof.Trostor sAclt deli�er to 6enefieiery tAe originol �
<br /> ,;_, __ __ _ _ �nlicci�s of ins�aance and re�wats tfiereof ar memo eoptes of such potides and renewafs Mereof.Failure to tumish such insurance Ay Trustor,or �
<br />-- ,.:. renew�s as requlred here�a�er shoft.at ti�a optianof Benaficiml►.constifute a Qefauft. —.------�--.
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