|
. . .. � .
<br /> _ . . .,..
<br /> ,. ..:;::.w
<br /> �• � wn�L�M w�ll6twlCrir► '�.]ns:�a.�v:n+K�,c.*�..w�.m. --•---�.
<br /> ' . .� . .�-�,s�,...�..
<br /> .._ �. . _ .._— __`__.�i'____ . ___ _.
<br /> �___ _ _ . ____ —___— _ - --- -
<br /> __
<br /> .,.. - "'" '� ":4 wtli�i�t ��M�AIN�GS:N•h: ,-.. . .. .. _ '.n - —'. , n " �y_' ___— . _. ..
<br /> .,,.
<br /> � ' ' r:�..•,.� .�_ . .-,,,-
<br /> ...�_ .. ' � J '
<br /> �._ _ _���-��aa!�.. �}µ . ._�._. .. _ • ._ _—_-.. _
<br /> ' ����l1.-r�M 4�� I ���C1'.AI}�cYttL:: t�V .. _._ _-_
<br /> � , ��r �+�j�� .. � ` �
<br /> �� • � . . . . -
<br /> . _ � . , �------• _
<br /> ., . _
<br /> � .
<br /> ±1[w9'.4aSi�{�gV:. �ut"s+[C.i'4 -- " ' _—_�_..___._ ..__ .._ ... -- . .-
<br /> ��.i � �,.a.`�.�.: �. —_..
<br /> .. _ .. . .,.h � • �
<br />- � � ' �4"' �0�1�i8 �.:.".._,�." �,..�_.-�-
<br /> , �s3� �, . , � • • . �5-�"---
<br /> •' � ''� b. He wlU pay all t+uca.a�eea�ment�water ratet.aad othee goveirna�entsl or mualcIpal eh�rgµ8aea�or ==�----
<br /> �n,. ' .
<br /> impwltioa�.fot whtch pmvtdoa hae not been made hereinbefore. and will promptly deliver the olRoial rc� �'�=��'-_
<br /> '�"`"°' � , ceipu therefos to the BeQeficl -_.•--_---
<br /> �' `-� ,:r<< _�
<br /> - {. � e. He wfl!pay�uch espeaus aad tees w msy be incurrad in eha proteation and ntaiatet+,�nco of o�id .`:�==�R,u=�" -
<br /> 't, T. -
<br /> . � ptopeety.includi�g the fed of�ny attomey employed by�the Beneficlury for the¢ollection of apy or�11 oi the - ;�,:,;.=r,.�r_�__
<br /> , ° � indRl,iednese hereby �eeund. or euch expeneee and teee ae may be lncur�ed ln any forecloaure�ale by the , "'•Yiti��;�.�
<br /> „ o � Teuatcs.oe oou�e proaediage ar ia�ny othec litigadon or praxedia� aReetia� eald property. and atWmey�' ��.'4��'�;�;���_,
<br /> • faea reaaoaably iacan+ed in aay ot6er way. � �iv�'`-.`:�-:
<br /> • ... - •.�::K.; `tr
<br /> .. • d. The ri6hts created by tMe conveyance�hal! nmain fn full torca and eSect duriag any postponement , + -
<br /> „ .. �:-
<br /> ' -'`--`-_: `.. --�-- or estecuion oF if�o tli��E a�f iltic gapsae,nt of tlse ludebtedae�s tcidcncad 1�y asid note�:any part thereaf zccnrad ,
<br /> , u _ ---- --_°;:�``�j` -
<br /> , ., hareby. .
<br /> <� ..-> >_
<br /> /j ' '� , e. He will contiauomly m�itttaia huard Ia�ueance ot such type or types aad In eueh nmounts ae ehe • �
<br /> Beneficiary may from t[me to time eequire.on the improvementa new or hereaRer�an eaid ptoperty.and wlll ' ,..:
<br /> " � pay promptly when due any premiume the�etor. All jneurance shall be carrled in companiea accept�ble to ,"' '�' : :. F
<br /> '�� . ___._._____._:__,; Hee�efiefnr}r and the poltelee and renewale thereof ehnl!be held by Beosficiary ond have attached thereto loaa � �• �.'"�'�
<br /> � psyable elauses jn favor oi and in fosm nceeptable to the Beneficiary. In the event ot loes. GrAetor will give ;;� ,,,,,.;;
<br /> � immedi�te aotice in welting to Banefieiary and BeneRciary may make proof ot loes if not made promptly by � , r.,,
<br /> Grantor.and dch iaeurance company coacerned ia hereby authorised nnd directed to make payment tor�uch :;-
<br /> • ' !as di�ectly to 8eae&ciary inetead of to Graotor artd Seneficiury jointly.and the ineurance proceeds.or any • p x• �. =•
<br /> patt theeeof.msy be applied by Beneficiary at ite option either to the reduction of the indebudneei hereby • �.
<br /> ' , • eeeue�ed or to the mtoration or�epair ot the property damaged. In the event of a Truetee's enle or other . �,� `-=`
<br /> ' " tamfe�oi title to svid property in eztingulebment ot the tndebtedneee eecured hareby� all �ighq title, and '�
<br /> Inteatt ot the Grantor ia and to any lneurance policies then in force ehaU paee at the opttoa of the Benefiejary .� Md.=
<br /> to the purchaser�:Beaeficiary. }' �
<br /> �b`s" . -
<br /> J. He wlll keep the aid premiees In ae good order and condttion ae they a�e now and will not commit or �;• ��
<br /> peemiL�ny waote ehereof.reaaonoble wear and tear axcepted.and in the event oI the[aiiure oi the Grantor to - ��?�►�:.�°` -
<br /> keep the buildings on eald premleee and thoee to be erected on eaid premieee. or improvemente theeeon. in '
<br /> �
<br /> good repair.the BeneRcia�y muy make euch repairs ae in the Bcneficiury's diecretton it may deem neceeaary , ` , i�
<br /> for ehe proper preeeevation thereof.and any eume paid for aucF� repoi�e el�all bear interest from thc date ot • ,� �
<br /> payaaeat at the�ate epecificd in t6e nou.ehali be due and payable on demaad and s6a11 be fuity eecured by �;�• ±�
<br /> .. � this Dad of Teuet , `, �
<br /> g. He wtll not without the p�jor wrttten coneen► of the Beneficlnry voiuntarily creatc or petmit to be i ��•1 ;
<br /> ceeate d aga tnet t he prope r tr au b jec t to t h ie D e e d o f T t v e t a n y I t e n o r l i e n s i n f e r i o r o r e u p e d o r t o t h e l i e n o t � ' �`'
<br /> � .� ���
<br /> '. this Deed oi Tntet and further ehat he will keep and mpintaln the eame free from Rhe clnim oi al! pereone � .
<br /> • supplyin�labo�•or materiale which will enter lnto the conetruction of any and all buildings now beiog ,
<br /> encted or to be erocted on said premieee. I � �;;�`R�
<br /> , , %(.`,,f�.
<br /> " h. He will not reat or assiga any part of the rent oi said property or demolish. remove.or subatantially
<br /> alter any buildiag withoat the w�itun coneent ot t6e Beue6ciary. ` "
<br /> , � .
<br /> 9. In the event the Craator[ails to pay nny Federal.stnte.oe 1«:al tax aseexament.inrnme taz or other taz lien, , ` .
<br /> clurge.fee.or other expeaee char�ed to the pmperty hercinabove deecribed, the Beneficiary is hereby authorized to �
<br /> pay the uame and any sum eo paid by the&ne6ciary ahnll be added to and beoome a part of the principal amount of ,
<br /> the indebtedness evidenced by eaid promiseory note. If the Grantor shall pay and dixchurge the indebtedneaa evidenced ' "
<br /> � by eaid promiseory note. and shall pay such eums and shall diecha�ge all tazex and liens and the coxte. feee, and ; �
<br /> i expeoeea of making. enforcing. and executing thia Deed of Truet, t1�er� this Decd of Truet shall be canceled and
<br /> eutreadaed.
<br /> �
<br /> I 10. The Grantor covenante that he ie lawfully eeiaed a�d poenessed of and hae the right ta nell and convey said
<br /> I
<br /> � property; that the eame ie tree irum all encumbrancee eacept ae hereinabove r�eited:anJ thst he hereby bindehim•
<br /> eclf and hie eucceeaore in intcrcet to warrant and defend tl�e title oforceaid th�r�tu and ovcry part ehcr�ot n�ain�t tfi�
<br /> � lawful alalme oi�Il pereons whomeoever.
<br /> 11. For better eectteity of tbe i�debtedneee hereby eecured. the Grnntor. n(x►n the rPqu�at of the E3eneficiary.
<br /> ite eucceeaore or aesigna. shall execute and deliver a supplemental mortgagc or murtgeges covering any additione,
<br /> ` impmvemente.or betterments madc to the property hereinabove de�+cribed and all property acquiced after the dute
<br /> hereof (alI in �otm sati�actory to C�antee). Furthermore. xhould Crant�r tail to cure any default in tht payment
<br /> ' ot a prior or inferior encumbrance on the property described by tl�is in�trument, (:raator F�e�cby a�reew to permit
<br /> _ ' i BeneReiary to eure such default. but Iieneficiary is not obligated to du su; and �,urh advances ehnll become part o(
<br /> ; 1 the indebtedneee eecured by t6is inetrument,subj=ct to the eame terms and condition�.
<br /> i 12. Th�t a1l awaede of damages in connectioa with any condemnation tor public uee of or injury to any of eaid
<br /> , ? ± property are henby aeei�ned a�d ehall be paid to$enefician�,who may apply the same to payment ot tl�e inetallmente
<br /> . . laet dne under eatd notc.and the Beneficiary ia hcreby aut6orised.in the namc ot the Grantor,to e:ecute and deliver
<br /> : '� valid ncquittancee thereof ancl to appeal trom any euch awarJ.
<br /> � i
<br /> � , ' 13. The ireevocable right to r�ppoint a eubetitute tru�tn•or truett�F ie hcrebv�•zpr��ly�ranted to th�$ene6eiary.
<br /> , hi��uecesaon or aesigne.to be exercixd at aay time hereatter witl�out noticr and without epecifyin�anr rraeon there•
<br /> for,by filing tor eeeo�d ie the ofi'ice wluer thie inetrument �F recorded an instn�mcnt o( appointment. The Grantor
<br /> �' aad the Trnetee h��ein eamed or that may h�reieah�r lx����bntitut�d hemun�l�r��+cpre��ly wai�r notic��of th��x�rci�r
<br /> otthie riRht aa well ae any requirempnt or application to nm eou�t for th� r�mo�al, apF►ointm�•nt or oubFtitution o(
<br /> , any teu�tee heceuader. � •�•q��1
<br /> • J
<br />
|