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<br /> y `eai�aperty ar m►Y Oortimt there::f,rtow or l���fter exi s�'`r�ered mit�,:prs�atl rigt�t.Mte and it�ter'i�t'+�f Trustbs�under.
<br /> ';'r>. `.{ ;-� � terests.estote or other d�ms;�ath in Iew a^s�i�r.f�?�.�:�4'r ncw has gr rtiay hereaFter acqutre in the real properry:af1 easemenfs. —
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<br /> . " , `•" . • `' ' sfoeiis.aU rigM,titte and irteresr±z�Tnsstor.na�r�.�c��e�r acqu'veA,in and to any lantf lyip9 within the rigfit�of.�i�.qrQf any str�et at
<br /> � -�������;,'•�� ':�,;�'� h: adlnunng the reol propc-ii��;any ond a11 buitdings,i'Sa�iuras,im�xovemeats,and a�urceaances naw er hereafter'qti�ted tflerean a
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<br /> � � " � � �`" `�-�r Qetonging ttrereta,therein refer�ed to as"Im ravemenY'os"tm vements");and any artd all awarQs mu�e for the tatcirrg 6p em'v►ent domaie —
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<br /> � ,,:;���i;.' : or trY mry Prateeding or purchese in lieu thereof,of the whole ar arry pe�t of the reaf pro�erty. � _--
<br /> . ;�;��,;�f..� QIl of the foregomg estate,pra�xrty and imerest hereUy comeyed to Trustee herein cottRCtivefy referred to us the"ProperN": =`
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<br /> . '.i THiSO�OFTRUSTSHAllS�117E: � -_
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<br /> s.•,:;• �..;,;..,,,}: ." (a)ThE p nt of indeb��eridenced 6y Trustor's aote of even date herewitb in tt�priraipol sum of 55 000:00 -_--
<br /> ,. : FIFTY—F� THOUSANII`t�37D NU/100-------------------------------- Ooll�s (S • 1, '_.
<br /> � ;, . �,.";:� together with iM¢ic-5t ut tha rate or mtes provided therein,(herein,tagether witb atry ond all renewnis,madifications,and ester�ions thereof, ��__--
<br /> ., , .., . retened to as the"Note")6oth printipol ond iriterest on tha Nale being payable in auardarxe wilfi the tarms set fortb therein,teferer�ca ta _- _____
<br /> ' • � • wfiith is hereby made,the�nol poymenl of principol and irnerest,ii not sooner paid and if no renewals,mod'�fications ar eict�n�io�rs are made, � ___,._____
<br /> _ . � • - - du�a��Y��e a� �iarch 1, 200�y with any exeensiona or reaewals.theteof �y� =__
<br /> � : � (b)The perfortnance of each a�eement and cc.�ont of T�i�,r herein co++tained;and ''�"� • �� _—
<br /> . . (c)The pdyment of any sum or sums of iner,�•y�biii in:e�t 3�+ereon which may be hereofter paid or ed�ionced under the tenns of this Daqi�a.�,, ,,, ' ,� 'k:
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<br /> �:; ,; ,,.; •...',� � :•. -;, (d)The poyment of any future a�lvances necessary to prof�r rfi�e security or eny tuture ad�aorxe made at tfie option af the�arties;and • ��t, _
<br /> '. (e)The perfortnance of art obiigoii+7ri of any other p8rson ncs�r�i`Sn th;s Trust Oeed to 0 6ertt�eli�iy. , . � t �' �
<br /> � T O P R O T E C T T H E S K URITY dF AitS DEED Of TRUST,?RUS1�ti�EDY COVENA�JTS Mi0 AGRk�ES AS W LIOWS: • ' '��
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<br /> • , �:::<< �,�o}���irterest.Trustor shall pramptty pay when du2lhe principal af and inte;est an fhe inde�tedrtess evidenced by the ,t :� ;,..:
<br /> • � - ' Note,a�0 all other charges m►d fees as provided in the Note,and ths prinapol of and interest on ony Future Advareces secured by this Deed of ����� •
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<br /> :'f; • ' 2,IK�rrat�ef Titit.Tn�stor is:towfult se€zed and poss��i nf aad and indefeosible title and estote to the Property h�y canveyed and ;`���� .,
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<br /> � hcs the rigfit to cyant and conv�{the Praperty;fhe Pro�a,rty,is free and dear of all liens and Pncumbrances except tiens n�'e�r of record;and , ;Lt�{:t.�;f:,.
<br /> . ' .. ' ' Trusta rrilt warrant and de�0�ise fitle to thef?r�p�t}►og's�st op cleims and demanQs. .. • • '`,;���,. . •
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<br /> ,..:, 3.��s�m�1�ompQ�as��ifb lom.Trustar•shell dceep tha P►o{terty in gaod eartditiartqn�repar ond shat!not eammit woste or psri�iY` '•:,.�r`�,,.'. `,
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<br /> ,;,.fi.;; i.�iairment ar deterroration of tfie Property and�shall compty vrith the provisions of any tease if this Qeed of?rust is on o leasehotd.No improve- :`��,Y`��;Y3
<br /> ��%��='<',.; ' mets2 naw or hereafter erected upon the Proyerty shall be alte�ed,removed or demotished wifhout the prior written cansern of Beneficiary. ����.��l;; '
<br /> . =��n,:�. . . � -
<br /> � r;''.' , Trus4ror shal!ca m pt y withall laws,ordinences,regulations,w�re+srmts,tonditions and restrictiorts affetting the Property ond not tummit,suffer, r��!;�;�;�:
<br /> S�� � , ar permit eay aC to 6e done in ar upan the Property in vialatian of�y taw,ordinonce,regviosion,covenant,condition or restriction.Trustor ,
<br /> " �' shall campfete or�estore premptly ond'm good workmanlike manrter any improvemertt on the Pro�erty whtch may�e darrtaged or destroyed and
<br /> � t ' ° � � ' '�'� when due,aII cfeims fm Iahor pe�fortned and m�ter(als furnishedtherefore artdfor aey alteratia�there�f. �
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<br /> �, -- � 4. �sw�sa.Trostor,at its expense,will maintai�viith insurors appruved by 6eneficiary,insurmue with�especl to the Improvements nnd �.
<br /> :�;���'�.. .
<br /> '�, i':3tr��'•��. ; personaf propeAy,eanstituting the Proserry,against loss by fire,lighfiing,tornodo,and otlier perils and h��ds covered by stcndard eittended � .
<br /> � �- '. :. cuverage endarsement,in art amauM equa)to at least one hundred percent of the full reptacemeni value thereof and insurance against sucb
<br /> � • otAer h¢t�vQs and in suth amuur�ts os is custommity carried by owners and operators of simu(ar propeAies or os Beneficiary may require for its i
<br /> . ,�.��•��-�,' � ` , protettion.Yrustor will tampty with such other requirements as Beneficiary may irom time to time request ior the protection by insurance of the �
<br /> � • imerests of tha respective p�ties.All insurartte polities momtained pursunnt to tAis Deed of Trost shnll nama Trustor und Beneficiory os in- `
<br /> ;. • ° sureds,os their respective interests may appear,mt�proviQe that tAare shaft be no canceltation or madificotion without rto less than 1 S days •
<br /> prior written notficotian to Benefiicimy.fn the evern arry palicy hereunder is not rectewed on ar 6efare 1 S doys prior to its expiratian date, = ,.
<br /> • Benefictary�y proc�e suth insurante in accard�ce with the provisions of parograpfi 7 hereaf.Trustor sholl detiver to Beneficiary fhe originnl �!
<br /> � -- --_- �_= pafities af inst�e m�renexrais thereoi or r�tefr►otapi�s a#suc�paliaasar�3 rcra�s!ls�teof.fei�ure t4ft�mish such ensurance 6y Trustar.ar �:.•,—......_
<br /> � � • , renewats as requirea hereunder shall,ot tho option of Berteficiary,canstitute a default. ' •
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