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<br /> � TtMS DEED OF TAt1ST.is m�ds as af 1hs 4t�` day of ' Dec. .1�.9�bfr snd on� .
<br /> — . �: �M7custor, _ O�afel M Poglvd,-t- Qsisliue �.Fo�s�d . bwb�eb aod �it� : .
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<br /> Whoss ma�g addcaa ia lhsnin"'Trusbr:whMNec ans a mocel..
<br /> ' ` - Fi� laiels M�t• • �rari�s Cor�ts'sti� � � • '
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<br /> _ - - Riaw Toiuts Wit= . . � �
<br />: the BenNic�aiy. ,- .�.�
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<br /> � D�aiel 11 Fa�ii�nd ,
<br /> � � FOR V1lLUA8LE CONSIt�R�►TIOM,including I.endePs extenstOm�pi credit identified herein W
<br /> i Cbr3�tia� � Fo�l� �h��q��pwer",wliether one or more)and the trust nerein ciaale�. -
<br /> ths receipt of whtcb is l�arob�acknowledped.Trustor hereby.irrg��bty grants,lransfers.convays and assipns ro Ti�be.� _
<br />• � TRUST,IMTH POWER�F SiLLE.fot�e b9ne�it and security ot Lertcleffi�inder and subjectto the terms and ca�didonshereina�le�sdt ,
<br /> �: S�e�A���� A�bw� .� , �,:
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<br /> _ � � Topether with all bWldinpa,improvements,fixtures,streets,a,t�y's.passa9aways.easements,rlghts,privi[eq�and appuRe- ..�s�_
<br /> - rrancesk tocated thereon or In anywlse peRaining thereto,and tba�enls,issues and aratits,reversions and�emai�dera thereol.and ':.,:��_
<br /> .� . �� ; � such peroonal propeRy that 1�attached to the improvemenfs so a�W constitute a�.x�ste,includinQ,but noi limited ta,he�Unp and . -.-.-.�r_
<br />,, •''cootln�equipmenfi 8nd together with the homestead or ma�ita►InL�efts.�f any,which intereats sre`er�by relea9ed and waivad;a!! • : �� ,::,
<br /> . • pf whtch,inclndlnq raplacemente anQ eQditlona thereto,ia here�y.d�arred to be a part ot the rr��•e secured by the Hen of this . :y,��'.,��•_
<br /> ,Deed at Trust Aod A11 of the brepoing beinp referred to herein a�#t�"�+ropeiiy". ' . .. • • , _-
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<br /> , .• Thb peea ol Trust s�a,�seCUre(a)the payment of the pdr�w�l sum and c.tP;c-t�:evidence0 by a prom��?y note or crpdit ;t;.,_. �-.,,�,�.
<br /> � , � �����.� D�aw�s 4th 1991 ,�;�a matu►iry date ot D�c�tbfr ��Oe 3996 � .. .:� . .'
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<br />�;�. �a � ���'� ,and an and aI!moditications,extensi0ns and rertei�� ',
<br /> •••4r.the or"�rso�r y�rfncipat amount ot� ' Y . -
<br /> _,�� ' ' •�eroof ortRereto and a^�Vand all future advances and�ea�a:s:es'to Borrower(or any of them if more tt�a�one)hereunder , ..
<br /> �u►sua�t to one ar moro�romissory notes or credit a�c-�nen s(k��reln calted"NOte"y;(b)the payment o}other�ns advenced by � .
<br /> � " � - •� LentlsrtoprotecllhesacurityofdteNote:(a)thepertormanceoln�.7COVenantsandagreementsofTrostoraeltCnlr!lereln;and(d)aIl , _
<br /> ��� � prssent�nd future iadebteCneas and oblipatfana of Borrower(psiany o!them it more than one)to Lender wf�!rrer direct,indireC� . .`` .
<br /> ebsoWtO or Contln�ent ar�d whether aNsing by note,guarantj,ar�draft ar otherwise.The Note,th'ss Qeed ot Trwtand any eittd all ;,:,
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<br /> other dOCUeMS 1hat seCUre the TVOte or atherw1se executed in corr.��Mion therewith,inctuding without limitation gua►anteel,eeCUrih ,.�;f�/,�,i;.,
<br /> " ayreemenb and ssfiynments ot teeses and rents,shatl be r�dFi¢�!to hereln as the"Loan Instruments". ;,t �• �� �,t�+�
<br /> Tiustor covendnts and agrees with Lender as folic�xs: • '�;!..' �, .�
<br /> ` -�--�-: . � t, pa�n�nt W InMbUdnnd A►I indebteCness secured riire�y shall be paid ri�en due. , . !�,": •
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<br /> � �~,�-_;:,;`.�:�. 2, TNN.T�ustor la the owner of the Property,has the ci�,*ifl�nd authority�to convey the Property.and�Tanants that the Hen , ,
<br /> t .���;�;�, areated h�Ciy ls a first end prior Ugn on fhe Pioperty,excea2:fbt i�ens and encumbrances set torth by Trustor In writing.�'d� ., ..,��
<br /> • "• " deUvsreOtm hender betore exeaution o(this Deed of Trusf.ary.ltfRt e�e��tion end detivary ot this Oeed o1 T�ust does aot viaial��n� '�, ,„ � . � ��
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<br /> -t,T„ c o n t►a C t o r o t h e r o b l l g a U g n t o wAi ch Truator is aub ject. . �
<br /> `••��• 3. Ta�,AtN��ll.TO pay Oe(ore delinquenc��t ca�ec;.spec�al assessments artd all other Charges ag�.»st the Propetty ��;; :
<br /> _r�;,•� .; . QOW Of h6f8a1fef IAYid�. : '��1 •
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<br /> �--� ' 4. h�wrane�.Td keepthe Property lnsured 8gainss da�:�3gaby tire,hazards included witNin tHe tArm�'�Mt2 c�d�dCO V e r ag e".a n d ��
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<br /> '�::��..=�-�..��: such other�azards a!Lender may requnre,in amour.:g ard wIU'/Cosr.R3nie9 aCCeptebte t0 Rend2r.�aming Lender es 8n additional ��•• �•�,,,,;.
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<br /> .Y._�,:•,�;;��: 11�f11Q0 IRS'lYtld,with loss payabt�to the Q.ende►.tn case of 1a�s undeR s uch poi�cies,the Lender isw�ctltorized to adJust,coltect and y , . : ,,�,,,i,�.,,
<br /> ` '' ,•. ;'���N;.}� r,pm�omise,Allttsimathereunderandshallhavetheop'iorsofepplyir•�allorpartofinelnsuranceproCeeds(i)toanylndebtedness •. " ;.��„�;:
<br /> •. , . �""� seeured hereby and in such arder ea lender may deter�ir.e.(ii}tD the Trustor to 6e used for the repai►o�restoration ot the Properljr : �
<br /> • �,� vr(Ili�tor anyother purpose or obJeat satistaotary to Le�der'Kithout aHeeUng the lien of thia Oeed o1 Trust tor the fulf amount secured �
<br /> =:;� - , � - Fflfeby bHOte suCh pAymertt ever took place.Any appt�cati�nof praceeds to indebtednoss sha{I not e�tend or postpone Me Que . ; ,
<br />_ • ��� date of anye p8yments under the Note.or cure any defa�ftif3reunder or hereunder. j .
<br /> � "'-- � 5. Ete►ow Upon wrltten demand by Lender.Tru�tor sh3lGpay to Lender,in such manner as lender may designate.suffi�ient i
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<br /> - �.� _. aumstaenahtetendettopayaetheybecomedueoneor�ose�otthetoltowing:p)alltaxes,assessmentsandotherchargesagainst ;
<br /> �,r;•, , ' ' the Propertyl,(ii)the premiuma on the prope►ty insurance required hereunder.and(�iq the prem}ums an any mortgage insurance � ,
<br />-_•- _ - -��.f-_--- - reqults�by iendec... . . _. _. - —- --
<br /> '�'� `� 6. N�tnMnana��R�p�bl�and CampU�lne�wNh t�W�:T�ustor sh8i1 keep the Properry in gotld condiUon and repair;shai�
<br /> � , p�omp8y.repair,a replalCe Ang'lmprOVement which may De damaged or destroyed:shall nof commit or perm�t any waste or •
<br /> �".`� � dHerioraNOn oi the Propetfy;aha11'nat remove.demolish or sUbstantialty alter any o!the improvements on the Preperty;shall noi ..
<br /> commiL suffer or permiean�eaotto bedone in or upon the Property in vlolation ot any taw.ordinanCe.ar regutaUan;and shall payar,d
<br />. - '�j�r.i•� .� ... . �. _ .
<br /> • . ,,,�.�, promptly dischuye at TrustoPa cost end expensA atl liens,eneumbrertcea 8nd charge�tevled.�mposed ai assessed agair►�f the
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<br /> �.,'., Z En�N ppm�ln.lender is hereb�aasigned a0 campensaUOn,awards.Qamages and other payRenis or reliet(here�naRer �
<br /> � - "praeeads�ineonneetionwithCOndemna�ElnOrothertaKingotlheProperfyarparttAereoi.ortoreomreyanee�n�ieuolcandema� �
<br /> . ' Uon.Lender aha116e entltled at its opUOn to cammenCe.appear in end prosecute in its own name any action ar proceedings,and •
<br />� - • • • ' . • • - �hsllafso0eeniitledtomatceaaycctmptamtseocsetUementincannectionw�fhsuchtak�ngprdamage.IntAeeventanyparttonof __
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<br /> � O�f1IWNr�Ma+Mea�u.e.rmrairs.�Ara�,.aacar�eeNRNwuu ' � ,
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