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<br />' �a:-� � �� ' ��aa The pay�ceaat oiF �te prtist��.p�►3. sum and •isatexe�t �� _
<br /> ° .:,' . ��t` ' , ' � �vii�enae$ by Coas�ctioa Lisie� �f Crec�it , ,. , �,`�¢���,Ff ._
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<br /> _ �r� ° " ' . � . D�a��r �Iate date� �.a�'.Z5 , 19 96 , havina� a f� �� ` ''.,�c'�^-
<br /> .`, r �' ;� ,'.�;,"._
<br />- - '." <� � � 'ma�uri�ly da�� o� 4c �bss 4 1994 .�ii �hhe original .'�`���;;,�;::_:: '}"":
<br /> , , , �
<br /> -�-�-T� .- -- � prcina�pa3 at�a���c 4�r.a�Hua�dr� Eleeea Thoueand � Noll.�oSla�ca _ �, <t ��
<br /> . : -_ , `<.. � : . t�ii,00�.0o y , .�a �.�a� a3 mo f cat ons, extenatans �` < � 4,i
<br /> �g 4;4 r. -. .:; .� � . •-
<br /> ��;t°'t':�.rti,�',: -. . E ` aad� s�sls thsxeof o� thereta and a�ay and all fuitnxe � , <
<br />_ - adv�a�s a�d read�a�c�s �ereund�r �n�suaunt to one or ,rn`� ;F.`4 ,>':
<br />_ � ;�=r•F: more pro�3�sosy no�es o� esec'�3.t aq�eem�n�s (herein � �f r ..
<br /> �� � � called "No�e"1:; `ff �.,�''�
<br /> , .
<br /> �.;�,:.�
<br /> l . � t �,1•:.�.,,{F � _
<br /> (b� Th� payrmesst af ot�er srnns adaaaaed by Lendex }� ; � :�= `
<br /> - -�'' ;r- � � �� to protect �8 s�c�si.�.� of the Tvote= . ' : � ' :^�, �;;�`-
<br /> .� /� . . ' Y -: . . 1 l�� ./' ..
<br /> ,'",4 .. � �y. .� � lc) The pcxrfoa�atamce o� all �ovenan�s and agree- , <� �. ',� `�,�ta��
<br /> � � f�k��;!. ments ofc eorrawer set forth hasein= and , '.• ., �"
<br /> :�, . .
<br /> )�> � ; � _
<br /> �' (d1 A].1 i.nd�►ted�ness and obliqations af Borrower ` � : '� .-
<br /> �k� � �o Leudar w�efher direc�, indirect, absolute or con- ", '�,' ��-.
<br /> �I�'.� -rr�_r�.�c
<br />-- - .. :;t�'_, �., . .
<br /> .- :--• ----- .---- _ - tinge.n� anct �the#ber aris�ag. �by �note, qnazanty,. oQez- -.--- .-- - ';<-� ,.:�.
<br /> �� � � � draft or oths�i.se advanced for the purpose af malcing ,...� �-- :�;�;,:
<br /> ••�:� . . . improvemen�s to th� real estate hereinabone descrihed. , � , � °
<br /> ' ' . The Note, and any and al.l otiter dccuments that secure ;.. .. :-�= _
<br /> � �� �- the Note or otherwis� execnted in connection therewi�hs: .. . .-�.
<br /> : -. ;'� including, �i�hout limitation, guarauteee►, secutrity�� , -. .- • ,*
<br /> . . ^�.` �f,.,
<br /> �;• � ,,• � � � :.:�=� agreeinents a� assfqnmenta of leases and renta, shall �'-, . : '
<br /> . � ' � be =eferred .�a=hereia as the "Loan Instraments." 4':�. „`� .� �`
<br /> • .. :-',.''�, - � . : . .. ' 4j,' , :� d.', '
<br /> ,�..:.?,` ,�• - � t:�:. '
<br /> f�.i:,
<br /> �, •�:��`f � gorcrower, tv"p�otect t&� secur3ty of thia D�ed of Trizst, . �!��: ��.,��;jt �';"
<br />''i,. .. ����, ' ' � . cove� g Eo3lows s � `� , ''��?� � :"
<br /> � , t�,i�f ants and a �� with Ler�des as `, � 'r,
<br /> > i `; ��, . . 'i1�:itihF�»�.� . .2 � + �1�� �iu��
<br />:4� e � { ',7`.�;�Fl . . . ; '� '
<br /> =�Y � .. ,,�< - :�� . 1. Pa ent of Fri.nai �L� and interest:. l�+�rrovte�: s���:. � . '` ' ' `� �
<br /> , . -•- . � . , � promptly pay when dn� the. pr na pa of and intere3� on,..�ai�.i�,���a�s�*���' ''�� i r4fA�,[}JY-���� ._
<br /> • � � � fees or clnarqes provided i�a, the Note or in this Deed og '��.�tt.�i. �.,-`l�:,yA
<br /> .,:. ,.. .
<br /> . , ..};.�, . ;°�:�",`.;., ,
<br /> �'�;,:F> 2 Ti�le. Borrower is the otrmer of the Propezty and :;:'�;��i;�;';
<br /> _ . ,,';f,,..4 . , •.:,,:,�.,.;�•�.� ie.
<br /> ' has the right and authority ta cor�vey the Property. . . _:;;.
<br /> �. `
<br /> �•, • ".. , , ,��=:�%
<br /> � 3. Taues Assessments. Pxcep�c when they are con- , �%��
<br />-'' ` '�: . �'� � tested in good fai , to pay'w�n drae a].I �taxes, apecial a�sess- : ,, ;,,,; :
<br /> r,f,�. � � ��,,�;,;. . . . , �i�:.:;..
<br />_�,. , { i°'� � ; ,,,.,..E� m�rt�s and all other charges again�� the Propert� and, upan ;,`.,��;',:
<br /> �:�;, �sz,�..�.:�,� )�
<br /> - „_ . �;�;,;;;"r!%'.'>:: wi5c��ten demand by Lender, to pay�� Lender such air���t as may b� � . . ' �X�tG�'(J.�:,
<br />_ • ./r(d�`.l1}{. . .. ,•'.�I!(�a.�!�
<br /> � ,��:.�•,��., sufficient �o enable th� L,eader ta "pay such taxea, °assee�ats cir;,,;� � . . .�;:�;'',� •
<br /> . . .. �. ri,�.. � . .. . t ..
<br /> .�,;.s�:;� as they b , ,;., ;.z:
<br /> � '��� . �� other charqea ec���due. , ����,� .
<br /> ` ,�,S,�S;:r � , . . ., ' h�=. �......; '"
<br /> '�� . ��,���;�>`�`:` :,.' 9. Ins�xa�,ce.`' ��t the begfnninq of construction t�s • .��' � .� . �
<br /> ,�;.;r,.�` ,. .. ;;�;4=...
<br /> • .. �,:���.;�,{,� ,� ,'•"•f -
<br /> ::.;.�f�r,., renovatiott of b�ti d saq, .�o keep the Property i.nsur�d against �;tiy,�:;::., .
<br /> , � dama e b �ire, hazards�:.i:�cluded within th� term °all risk }�'"`� - .
<br /> . . g Y , � :�,,����: .
<br /> �`�rfi°;;`'4+ �,�•� ' , coverage"� �nd suah othe�;`.f�azards as Lende�c may require. in ���:,� ' ' :; . ��
<br /> ,�,t��:;:�1} � r°;,:�� :�.: �:.... ,
<br /> �y :,,, amount�s an� with cQmpani�� acaeptable to Lend@r, including a t'�.
<br /> ,� � �.�x4`,. � staandard moztgaqe� .�clause with lo�s payable tv the Lender. In � i . �,i�i ��-,
<br /> : y` . :- . ..� y�'r�.;;;:,.
<br />-�;�,;;' . � .�f.�,;., ;;t,; case of loss und��..Quch policie�,_ the Lender is authorized tv � � �;:��:,�: ' �� .
<br /> _, : r..: . � ti:;f;: �. �. ., .�..,.,,.
<br /> � �,. : • '�''.1�.:,�t E: adjuat, collect �nd �compsomise all claima thereunder and ahall 4 +"��;��'�` .
<br /> -�.;�,•,
<br /> � - s'���';'�;i���` � ��s��:`'•:` have the a tion af a 1 in all or art of the insurance .groceeds t �
<br /> �,y.t:;,x�l. ,. , �.,,.� ; P PP Jt' ? P
<br /> � � ;?� (il to any i,ndebte�ness secuxed hereby and in such ozd�r as , ;�'
<br /> :�y c,�f,:;.. : .
<br /> , �,,,.::,�.,� Lender may dete�m3:np. (iif to the Horrower to be �sed foi tihe �,
<br /> �m }
<br /> ` ` :?:;r�"�` ' repair or restorat3.on of the Property or (iii) fo� any other ;� ,,' �;•:';:•,
<br /> � � � purpose os objec� satisfactory to Lender without affecting the ; '
<br /> f.3� � � lien of this Deed of Trust for the full amount secured hereby I,i
<br /> before auc}� paymeret ever took place. Any applica�ion of p�oceec�s
<br /> ' � to indeb�edness shall no� extend or postpvne the dne olate o£ an� � �
<br />�-�.:�;,>. ��`��' � papments under the bTO��� os cu�xe any aefault there�nder or her��- ;
<br /> :� -;': , . .. , uaidez. �
<br /> . 's.:
<br /> '� �t -�� 5. F2�in'�enanc�, Re ai.rs and Com liance wi�H� Laws. �
<br /> ,,, � Borrower slnall eep � Proper�y n goo con on an repa rj
<br /> � . � shal.l promptly repair or replace any improvement which may be
<br /> �+ :,•. '' .� datnaqed or dest�uyedi shall na� comm�t or permit any waste or ��
<br /> � 4�; � �� � � �deterforation of tt�e Proper�y= aha11 nat remove, des¢olish or ,
<br /> .:,, subatan�ially �Iter aray of the improveinents on the Proper�y= �
<br /> =�- , ' ,�-:=- - � _- -- sh�21 s�o� �oa�ait� ss£f�r or germit any �ct to be done in or upon� .. . .
<br /> . . � -2� , �
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