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200405011 <br />or hereafter acquired, in and to any land lying within the <br />right -of -way of any street or highway adjoining the real <br />property, any and all buildings, fixtures, improvements, and <br />appurtenances now or hereafter erected thereon or belonging <br />thereto, (herein referred to as "Improvement" or Improvements "); <br />and any and all awards made for the taking by eminent domain, or <br />by any proceeding or purchase in lieu thereof, of the whole or <br />any part of the real property. <br />All of the foregoing estate, property and interest hereby <br />conveyed to Trustee herein collectively referred to as the <br />"Property ". <br />THIS DEED OF TRUST SHALL SECURE: <br />(a) The payment of indebtedness evidenced by Trustor's note <br />of even date herewith in the principal sum of $637,650.00, <br />together with interest at the rate or rates provided therein, <br />(herein, together with any and all renewals, modifications, and <br />extensions thereof, referred to as the "Note ") both principal and <br />interest on the Note being payable in accordance with the terms <br />set forth therein, reference to which is hereby made, the final <br />payment of principal and interest, if not sooner paid and if no <br />renewals, modifications or extensions are made, due and payable <br />on May 19, 2014; and <br />(b) The performance of each agreement and covenant of <br />Trustor herein contained; and <br />(c) The payment of any additional sum or sums of money with <br />interest thereon which may be hereafter paid or advanced under <br />the terms of this Deed of Trust; and <br />(d) The payment of any future advances necessary to protect <br />the security; and <br />(e) The payment of any future advance made at the option of <br />the parties; and <br />(f) The performance of an obligation of any other person <br />named in this Trust Deed to a beneficiary. <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR <br />HEREBY COVENANTS AND AGREES AS FOLLOWS: <br />1. Payment of Principal and Interest. Trustor shall <br />promptly pay when due the principal of and interest on the <br />indebtedness evidenced by the Note, and all other charges and <br />2 <br />