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<br /> •• � �, Qoda�s(S���Q00.00 .f89��lhereinaRer _ �•�;
<br /> ,,. },wltT�h h�6�dness te evlda�r�by TiustoPs pmrNs�ary oia dated June i .'
<br />�f., , ��,, . ca'ledYlis"Nots'7.paY,�bla ta U►��6f Benaflclary and Prav/ng a matu�tjr ot r� ,.��5 �>
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<br /> ,� , (t�psyRt8n2 of the N�toge�i�taf�Interest Ne�eon,f8te cAer�e9�prePByment peaaftlos.erry tuYwe advancea,end aU extensfons.
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<br /> ;�W�`,�.- � tA9 perlormanca N fha carenan�and egresmenis af�rusta�.wJrpiher oraot sst forth homM. j; ; -
<br /> ��>':.�, (c)pe�formance.dlschF►rge o�and�ampllanc��+�t1r evary term.covananb obligrition end egreemenY o1 Tiusto�conial ne0 heraln v� ��s,�';�.��°�z°--
<br /> �s��j`� 4 1nco�parmedDyreferenaaort�lathersecwtrytrrsaumentatsrryL�megtuaamseaure�eNore�B/!(� f' j�'i• '+�'� ;
<br /> �� � (dJ drerepsyme�alaK�+hhars�critq(;ureadl�ance�withfi�temstfheraan.tvhichmaylreretnfa�ehavabeenorharesfte�4eg�va�rced '�r -
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<br /> ti+,�`;�'�;..' togefhar wltfi{f}at'l�lirlalings, �9 P. ' , mP �;;'�"1:?-`� �i:
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<br /> ��r r�!ti.�.•. • focafed thsreo».fc�-�lk"�5gui�menti m�h»Fa�an�f'nrQrres(Includfng,witho►rt9�sei�on..�rg�tSrig,hesting,ventllaUng,ceoritg,air :r�:. .. :�.-
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<br />��;�r ��`;t;�°::= ...__.. ,.` cand�onin9,aPr��i�d picrrnb/rifl��tu.'es,waferand powersystems,er�3p'�,�,i+'SEr;,ranges,avens,dlshwasite�s,miirars and r�oYi�1x : 4�y,:; :rt. .;:.,.. .
<br />�;>��;� ! ca�pe�ng,fumaas�d�15umsrn,•e!trrarum and moinrs,reMgeratlon plants oI an�,x�,^�[ucmnafion systems,dynamos,trenslbnne�s,elactr;ca.'.r ,.,f� � ,
<br />�, °a, '� ' . equJpmsrtt,atarm�ct�rraen n�'r1P�rirov�.tlaoks,awNngs end shades)rtouv or hereaf�are�a��Aa,or bu3lf ln,any bui/ding or Improvemet,t ' � ti ��Y tt., �.E, ,.
<br /> s'!+� • .,; nauv or hereattert���rarea�;.de'J�'�s'l��qesemants and dghts of waY ePPurtenam fher�i'�f.4R a!J feasehoid estate.dgh�We and ir�tares.at �,,�Its� . ,,� .
<br />` � '';;;` Tiustor fi and to�Ca�s,wha�'lex`it��vpr�here�ter exisBng or entered lnto(rrrchrd'mg.�rat��;i limitatinn.af/cash snd secuaty depas7s. .:�.?��._,;:.;,.:; .�
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<br />-�!� edvsr►ce renr�ls ar�0 ctepos!£s orAFy,•n�of a szrcr7ar neture),Pertaining theneto.(v)as:�^ts,issues,profits and incame therslmm(subJect ;t S:�`:;,�;:`' '� .'�.,�'
<br /> =��::�--�_:..._...._-_-�:'_-:• to Ur�rigtrtotTi�,storta couaer a�d;�py�sr�ah r�rrrs.fssues.Profits and income as theyli8come due and payabfe solong ps no event of -;,;�;`' _ .�;�,•,�
<br /> ---ti,;:`; , •. def8cd8 aara�hereundar),y���.►.oy►-�s,m�neral,oif and gas dyhts and profils.warar.�cra�rlghts,and water stack,(v;s��tenemerns. ,r�9.�'=�:-- "°,.:=,.",
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<br /> - 3 , h8re�u?'�nts,P�vffoges and app•�r;enances Delanging,used mrenjoyed In connec�art ii�ecwith,and(vif!)all proceeds�f�nve�slon, ��,��;�r.f . `;'_ :,;,�
<br /> - ?�:��,�!.. volurrt�ry or lmmlurr',�;,41 a��ptLlaa��i�egoing into cash or llqu/dated cialms(inclu�n��out limftatfon,proCeeds of irts�i.�a;�ce snd �,h�;r,,..•�....•. ' ;°:,. ,�:-.-
<br /> � - .-- condemnaSonaward��,sYnf�vflieitJ�IShereinaftercollecdvetycalled fhe"7rustPtcge�f: � �t'� �� :°
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<br /> � �.� TO PROYECT TN'E S�GUAfTY f3A.7'H!S DEEO OF TRUST,TRUS70R COi��:�7I�F''s t5.?Y.a AQREES AS FOilOWS: . , ��£t ',:�•
<br /> _ �';;, - ' 1. TIG'o.7rustor co�n�s,w�n�r�ts artd agrees with Beneflclary,fts succz�nrs and asslgna,thet Tiustor owns the Trost Rropa�4`.� � , !� ' " , . . .
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<br /> j;:�:.;;:;;�,,.,. • � fior�n,any pdarlien vr.encw�+tiEance.that this Deed of Tiust ls and wifl remal�.�vaTi�`�d enforceabla fiisi Ilen on tha Trusi Prapert�6. • •. •.: r�;:;:�;,:u''•:.:. „
<br /> '; '�.»:;'•".." thttt trusYOr,atits e�qoonsx�.•.vYf! resenre such title 8nd wilf malntaln th)s Dtse��4,�r��as a flra!end paramoont lisn uFoa the 3'rG:si'� ,���:�r:�'�.s< : • ,:
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<br /> ; ��:;' ' ' PropeRy and w;!!E'pra�r�wanent and dafend the validiry snd prtorlry oil�re.7rgn�d�ofa sinst tAe clalms of a/1 persons and pa,�'ts �r•-r : , •:.., ,.;•'
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<br /> � F� �• - rsfiar�soever.Tru�tdrr�E�b'�expense,wiAcause Ws Osed of Tiusti anr��acir�anQmant or supplement hereto,to be filed a.;�� ;' .,,,_......;,: � r.•,,:
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<br /> �, '' recor�e d as a maR��ryi�(O f tl�e Trost Prope�f y in suC h manner an d 1n s u�9 a l a C e a n d w i t l t a l�e s u c h a C U o n a s!n t h e o I n l o n O t�i ti 5 t 8 e ' • ' i�'�'
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<br /> � may 7�e requlred by.�rr��p�esent or foture law in o�de�to ped�ct,main7ain.and pratect the l/en of thls Deed of Tiust,as dte same roay . '••,,:: ��:��'"
<br /> be amended or•s�,ppJ�ented bom tfine to Gme.Trusto�u+�rrlake sucts fu�er ass�.:�rance a assurances to perfecsrYS tiUe fi the Trost �.'���.' `•,: ':'
<br /> , . Prapo�ly as anFry�ia ebqur�d by 8enefrclary.Trasto�here8y�;�l.:aqc�/shas al!ilgM'oSd�ver arrd homestead/n and t�the Trust Prope{ty. , 3y�<<'•� . .'.
<br /> - 2. Payrnerrt of/I�d6�tih9dnesS:Tiusto�Shal!punctua/ty pay the princiQa!af and,%�?!erY�f on the lndebfedness secuted he�eby. ,'' ; `Tt4�..• .
<br /> ', . . � Co�s�rucSa7uf�Y�,oraver.�ents.Tiustor shal)complete/n good and rvart�r,��li�*-�:�ne�arry tiuifdings,fmprovements or�epars c�l�ir►� . � • •
<br /> ' the�ei�w�rk���ti;rt+�begun on the Tiust Property or contempfated�;�tn�o;.��eJ��eaced by the Note secured hereby,to FGy�^�a^��� � � � .
<br /> i.,,,, . dua a'��cs�und La�i1'.�es.�ncumad therelore,and not to permit arty cors�'�:����Jr��agalnst such Tiust Propeny./n the ever.r•�.. � ".� �^:�„� . � . •
<br /> '�,� �� ca2si�u����1�vh�.%�gs.�i*�provements or repaTis a�e confemplated,Trus�rGis�c��es aaything ln thls Deed ol Tr�si to L���b.^� �,, '
<br /> - '.��;;��:`;,' - � n�i�si'�r�rr.^;Ta)t�prc�^� commence an such woilr and to co� ,e�r����+osad/m rovemerrts rom (b)to cCmpi�ta�e : '`"�}:',: . ' •
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<br />- ''��``�•-�� s�►in:aceq.�en�s w.�!�r ihe fans and s ec!lJcadons as a �oved�r GL•-y^e"";ia c to com with a/l the terma o/a bu::d� ��aT � '
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<br /> ;;3` : agrasmanl�i5�;r,�CS.*�ra$rs 7rustor and Benepeiary,the terms ot MA:txln�.rrCOrporated he�eln by ielerence and made a parc�racf, • . ,
<br /> - (p)'�[+a�furr 8enaficfary�+:spect the Trust Property si ell ttmes dur.�r�aansvuction,and(e)to repiace any wo�k a materia/s �
<br /> . ansEd�l'�.�afory to Beneficiar�r wlthJn Nfteen(16)days after wriMen na5ce hom Beneflclary o!such lacG � .
<br /> i'. 4. Furrds fdr�Paymem of Charges.Subject to spp/fasbfe faur or tn a written waiver by Benellclsry,Trustor ahaU pey ta BenetJr,tary on the '
<br /> ,.= fl�s8 Q�F�of eacA month,or such other date e8ch month ss may be specified by Beneliclary,unUl the Indebtedness ls pald In lull,a sum ;
<br /> + (ffeFeti'r�u'tei calfed the"Funds')equal to t/12tA al ihe yearty taxes and essessments which may attaln prfority over thls Deed af Tiust . .
<br /> , antl gi.�aund renfs on the 7n�st Propeily,!f any,p/us 1/128i ol fhe yea►ly premlum installments for haza�d Insu�ance,plus i/72th of thB � . u�
<br /> ya!s9�'?premium instaltments for mongage lnsurance,iI any,all as ieasonabty esUmated/nitislly snd fiom time to tlme by BeneflClary on �. •
<br /> . tlib b�&S!s of assessments and plils and reasonable esUmates thereof.7he Funds shall be held in en lnsbtWan,the deposlts nr �. ,
<br /> �aa�unts of whlch are insured a guaranteed Dy a fede►al of state egency/ncluding Beneticiary.Beneliclary shafl appty the Funds to � •
<br /> =; ` � , p#�sald taxes,assessments,Insurance premiums and ground rents.Bene11c/ary she0 nof be required to pay lrustor any inte�est or ,
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<br /> a'� ' �,vnJngs on the Funds.Beneliclary she11 gtva to Trusioi,withaut cha►ge,en annual eccounUng of the Funds shpwing c�edits and
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<br /> � - ds8/ts to the Funds and the purpase for wh/ch each deblito the Funds was made.The Funds are pledged as sddiUonal securNy for �. •
<br /> ` ' F �hs fidebtcdness secured by th/s Daed of Tiust!l the smounf of the Funds held by Beneficlary,tugether rvith tha tut��e month/y j ,
<br />-� �,�'" �- lnstallmerts of Funds peyable pdo�to the due detes of taxes assessments,Inauisnce premtums and ground renis,shall exceed the
<br /> 'j�'.��, as,7au.�r requlred to pay saJd taxes,assessments,rnsurance premlyms end g�aund reats as they lall due,such excess shail be,at � �
<br /> ,�`,;� . --- - 8lu,�a��c��on,elthe�p�empUy iepeld to Tn�etor or crffd"r�ed to�iastoi agalnst luhue monthry installments o/Fands.!f the smount of ! :
<br />_ `,��� : tt�F�r;sL:l�tC by Bere`:iary shall not be suHlc/ent to pay iaxes,assessr�er�,z*slrance p�em/ums and ground rents as they lal!due, �. • �
<br /> -'�: ;� �;,, , , , tnrstor sh�t�Z&��,r to E�:^��iary any smaunt necessary to make up ttrs a�-+h���:��r:ithin thiRy days liom the date noBce k mailed by '
<br />-:,�; �,�,�;; ._, , BeneNciary'tbTrustorre�:�esbngpaymentthereof.Uponpaymentin!��td'ela�tlr�c-Ca,�dness,Benaticlaryshallpromptlyiefundta � • .
<br /> �.. �5'�' Trusto►any Funds held 1i�s Ben&f1Clary.i!tha Tryst Propeiry Is so/d unC9r ttre pmv�r of safe or the 7rust Prope�ty is othenvise acqulred s
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<br /> � .�.. •`-.�� by BenefJClary.Benefloi�y shal/app/y,lmmedl8tety pdor to the sa/9 01 the Tit�at Pmpe�ty or ifs BcquJsition by BenefiC/ary,any funds � .
<br /> � tietd by Beneflc/ary atlher time af appllcatlnn as a credilsgair�st the Indebtedness.U Benencisry executes a wriffen wanre�ol Tius�'s L.. ..:_.._:.._,_.-___
<br /> o6ligatlons under this paiagrsph 4,Tnrstor cavonants and sgrees ro pay,beloie the same become delinquent,all taxes,assessmonts, T`` �� � �• � � �� � ���
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