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<br />_ : � `� ����KdNe��raska YdmtioIIS!A6fl�n�r.ats a (ltefs'na�te►callpcOthe"Tiustes"1,whose m,atBiig�dldtes4ls � _-_
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<br /> ' d�THIS HOX fS CHECKEO[Sg)TNIS Dff�OF TR!lSTCONSMUTESA OONSTRUCT�OIU ��.�,��y �_� .
<br /> SEGURITY/aGR�QIIlENTUNDFRTHENEBRAS4SACQNSTRUCTlONUENACTANDCREATESi . ;;�r�;;,,�`-�-�„:_��_
<br /> _ �.;;'�� (3AANiS AND CONSTlMES A C01liSTHUCTION SECURITY(NTEAESTlN THERROPEA7Y �l,y;�;__
<br /> :�. � . DESCRtBED/fH�IINBII.QW. ' -
<br /> � �:�'. EIGSTQ THOIISAt�D �H}� NO/10 _ _ ���=�`�,-'�„�° =_
<br /> , . WHERF��►Tnrsto�lslndebPedtaBe�reBdarylntlrsprirrctpalsumaf , ��. r - -
<br />� � � l7ollars(s.�.�nn_[ln ).whlchfndeQtednessls evidenced 6y Tmsmrs pmmTssorynctedaae��t 3 ,t9�,(herafnaRer �e .� _ l
<br /> _ ' � cattsd t�B°No1a'1.RaYable ta the orderaf Ber.eficfaryan0 having a matv�r1y al���rX 1 .�.�� • �x,r�s = ___
<br /> � . NOW.THERE!-0R�farthe pr�pcse of secrtrfn�: � r��.�4 - L-
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<br />- . . l81iosJ�r�rerr�cf iha IVoD:,tagether�th btterest ihe�ean,tate cha,r�e�P�ePaymeM perraEtie�enY fuAne advances.aad all Qxtensfon� �.,'' � -
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<br />- . mbd'�rcations.subsfi�0`ans and ranetivals dre�eof, •r-�,"------
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<br />_ . - (b) PaYmer{t of aD otlrer sums.tees archarges,tngetharwfth iatetesi Hrsrean,advarrced ro prated the secraity of tffis Qaed of Yrust en�i ,�.�';�� ,:r
<br /> •: the performance of the covenarrLa srtd agraemerAs of Trusta►.rvhe�era�not sei fonfr heactfn; , i.`
<br />-�'.. ' , r�)Fsrfamu�nce.dr�aha�g9 of and carripGarrce uriih every term.co�errar�ah6ga�cn at�d ag�rt of Tir�siarcmrfelaed hsrein ar ,h F ``- ____
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<br />_� , . ,: irn�rpa�atad Dy reference or arry other seamTS+fnstrumeniat enytima given to se�the A�and ,�� . ,--
<br /> �` , � _ the re ent ofall otJrersums a firGrre advactca�wfttiinferesf thareon.which mayheretafbre hava�n arhere�r�8dnanced. �: r� �
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<br /> . .. - - -----�--.. .0y Benefra3iy�t�fTmsmr�rTrustar's sux�ln ir�e�est or-titla;-.._ .. --
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<br /> � . . aua�ddrrsereremaftercac8csveycaued�rs••lndebte�ness••.rrusrorr,�eYO��ysranrsanevar,sre�srorrusres.mbrt.s�l�7lHP�Vi� rjf, t�; °
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<br /> � , . , dF SAL�the 1`oUowing described propeny. • ' " . y�Tj��v,: ��:: -
<br /> .,F ' . . SEE ATTACHED EffiBTF °0A° � , . =--
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<br /> . '- : : tagetl�er wiM(+)all bml�fi.'rrgs,structu�addi�ons,enlargemerrts,modificatians,repalra,rep7ar.emerRs,and�mprovemen�noK+ar hereafte� _t
<br /> _. . .. . facatsd thereon, n efI eqvipmerr�mach/nery and IixNres�nchrd�ng;wifhout G�istion.a�►Irghting,heatrng.ver�titating,coofing,afi ':�,. : '
<br /> - � , , candi7ioNng,sprin;��rg and ptrrmbing fixw�es.wai�end pawersysiems,engin�bollers,ranges.ovens.dishwashe�s.mirrors and mar�els. ': ;.�� �� •.
<br /> �.. � ca�peting,fumace�oii 8umer�elevators and mo:ar&re f i ige r a tion p l a m s or un i i s,c o m m u N c atlon s ystems,d y namos,transformeis,e/ecb�ical � ,. . ."� . ,
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<br /> , . • . . equ,+prrrani,siorm and screen windows.doo�s,awrungs and shades)now a he�eaftei athached to,w buiti in,airy buifding a/mpravement ��� : ,_. :..��� �
<br /> - � - ravio�hereaft0rfocat�d thsreon. iu a!leasements end rfghts af way apPurtenantthereto.CrrJ�,'�lfeasehold estate,R9��B and Jnterest of � ;,��a;;;;::,,
<br /> - - -- '- Trusto�in and ro aD/2ases,xfiethernow orhereafte�e�astlng or emered rrno pnc/urling,withffr�iir�tation.a1J cash and secudiy deposft� ' � �'�"-�'
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<br /> ' ; eQvanca rernats and deposits or paymerrts of a stmltar nafurel,Pe�tain/ng thereto.(v)al1 rerr„�.;�Jes:Pmfi�s and incoma Nrerefrom isublecd r,t};r�s;1.;.:�.;:�,�,�
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<br /> to th3 right of Tnxstor to colleci and appJy suCh rents.lssues,profits and/ncome ss they be�rs dus arrd�ayabts so long as no event a1•. •: • .: ,; .,,.�
<br /> ' � defardt e�dsts Aereurrde�l.(�7�►oY��,minar�,off Furd ges dghts and p��a�;w�dr%'�9hts,and watei stocl�(�1 a/l t+enamerm;: :; i,.,..;-. •. . ,• ,��:'� . y;
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<br /> ' • hereditame�pr�ritegas and appurtenances be longing,as e d or en Joye d rn c a r,.r z�b�?t t�.r�wra�.and(arn)a11 proceeds of come�'►.,..�' . „. .; ;,.�.
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<br /> - � - vafuntary or irtva�untary,ot any of Me fotegaing lnto cash orliqu/dabd clalms f��'���5•�f���mitaUon,proceeds of las��a a�rd•. ` . �:,,•��',�;�
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<br /> . conatc.mnatloa swa�ds),a11 of whlch is herelnafta�coOecWety cal�ed tha"Trusi RrupeRy'• ' •: . ` �:'�✓°`'y
<br /> ; - ' TQl�RQTECTTHPSEC�IAJlYOFTHISOEEDOF�RUST,TRUSTOACOYElYtL�'1f�SAl�l�AGREESASFOLLO�tIS: ` '� � '. ' -. ���'`�,���;_
<br /> :� �:; ,•�•�.�.': t. T!D'e.Trust�rcavenants.warranis end a�rees with Beneflclary.its suxessbrs end assfgns,that Trustarowns t he Trn s t Prope r i y 4:se • • � . . „ ,:.� }�" if ',
<br /> �.. .., . � fram any Prfor,Uen or erscumbrance,that tA/s Oeed o!Trust Js arrrl wiD remaln a valid and enforceabte flrst IJan on t,��Trust Properly. .:�:: .;�"�,;. ;�
<br /> `: • yat Yiusfo�,et its expense,wiil preserve svch tlile snd will malntain thls Deed ot Tiust es a/Ust and paramoum lienr�ron the Trust � . _ ���� „
<br /> PrvpeRy snd will torever wanani and defead the validiry and pdoriry of the lien hei�of agaJnsi the c/aims o1 a11 pet��^�s and pa�tles : .``,,7'`:_:. ; ',
<br /> . �. ' � � whomsoever.Tiustar,aiits e�ense,wllJ cause this tieed of Tiust.arid each�merrdmen!or supplement hetefo.to be filed and . . . , c. ;, ,-
<br /> � recorded es a mongage ctthr�Tiust Properry in such manner artd/n such pface 8nd wil!take such acbon as In the opinlan af Tiustee .. .•.::,;�k;;:*'� :�
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<br /> � � may be req►�r�dOy�rry pr�...ti�7i o►future law�n order to perfect ma/ntaln and pr�tect the lien of thfs Deed ol Tiust,as the ssme m.ay . • � ::�.;���t�;':':✓�~
<br /> � be amende�crrsuppiemetr�ham time to time.Tiustor v�lll make such funher assureace or assurances to perlscf lts title to the trugt. • �;', �:��J���,';� .;
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<br /> � ' -� - - •-- •plaperty as may be requir&d(by Benefrdary.Trustor hereby relinqulsAes all dgM of dotiver and homestead in and to the Trust Prapvsrty. ;_ , _ . . .,,,: ,•,
<br /> ' • • 2. Payme�rt of tadebtedness.Trusror sha!! unclually pay the pdnGpal of and lnieresf on the Indebfedness seCUred ta��by. ��•��: ; �•'��.
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<br /> a Cottshuc�nn o1 lmpmvemerris.Trusfo�ahall campiete in good and warkmanGke mannera�ry b�ildings,fmprovemertts arrepairs relating ��'�{?'�' . , ; .
<br /> � � theieto whta�rnay be begun on the Trust Propeny or contemplated 6�the laan evtdeneed by the Note securad hereDy,ta pay yvhen , "`,•-;.�� ,
<br /> due sU casts and liabilities mcunred therefore,end no1 to pe�mf�any consbuctron fien egainst such Trust Pioperty.M tha evsni �i � ':`.+;'1,�;;<•
<br /> � . ..... �.._ � construcUon o!bWldings,improvemenis or repal�s are confemplated,Tastor also agrees,anydifng In this Deed of Trust to the cormary �'�'?�,Y�-,�
<br /> ' ' noiwiarstanding;(t�to pmmptly commence any such worlc and tv camplefe the propnsed Improvemants pmmptty.(b)to comp/ate the • ����`�
<br /> t ` same In accoidance with the p/arrs and specikcafions as approved by BeneBciay.fc�m compiy uoth ap the terms of a bullding loan ; ,
<br /> � � � agreemerr�H alry.Defwean Tnrstor end Benaffciary,the terms of which are lncorparaiz�d hereln by reference snd made e pan hereol. • �.
<br /> • . � (d)to allow Kenefidary to inspect the�ru•.t Properry at all Umes dudng a^rtstracUon,end(e)ta►ep/ace any wnrk or maferials �:,,,.:,.�
<br /> • unsatisfacta��to 8enefidary w,thln frlteen(f 5)days atter w�itten noGce t'r.atr�Bene�Gary ol such lac� ::''. ,,
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<br /> - �� 4. Fuads fo�Fay'm�nt of ChErges.SubJect to applicable/awo�to a written wm�veiby Berteflclary.Tiusfor shall pay ro Benefir�ary on the
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<br />" .. �" . _ fi�sf day af e�m�,ar�ach other date e8ch month as may be spacitred by Beneticlary,unffl Ure/ndebtedness is pald/n lull,a sum .
<br /> ,� (her+elnafter ca7ed tAe"tund3')equsl to 1/f21h of the y�arly taxes and assessmems which may atta/n pdorlry a�ri�is Deed ol Tiust
<br /> and ground rr.�s on tlre Trr�t Praperry,ff arry,pfus 1 E L2di ot tha yea�ly premlum instal/ments tor haza�dlnsu�ance,plus J/f2th of tha �
<br /> ° • . '�. ya�ly premtrrrntnstattments fur mortgageinsurance,itany.al1 as reasonabty estimafed lni�alty arrd hom bme to�me by Benefrclary on� �� . ,
<br /> ' .� . • the basls of a�ssme►ns and bllls and reasonabfe estimates thereoi.Tha Frmds shaU be held!n an insi�rr�on,the deposits or ��..::
<br />��e eccounts ot yrtuch aro Insured or guaranteed by a federe!or state agencylncluding BenefrGary.Bene,`'�clary shall appty the Funds ro
<br /> _�:. .� ..
<br /> 1' � pay sald laxes,assessmenis.lnsu�aitce ptemftans end gtound rents.Berreflclary�Aap rtot bB�equiPed to pay.Tius7o�arry irrterest o�
<br /> �t h eamings on the Funds.Beneficlsry sha1J gJve to Tiustor,wfihout charge,an anrtuaJ ac�ounbng ol/he Funds showing cr�edi!s aird �
<br /> � :��.;. .
<br /> �•. :�;; debiis ta the Funds end the puipase for v�lUCb eacA debft to the Funds was mada.Tia'�fUnds are pfedge�es addidonal secu�iry to� t :�: �
<br /> � the Indebtedness secured Dy this Osed ol Tiust Nfhe amoruit ol Uia Funds he/d by 8enefrclary,tdgefher with Ne fu0ure monthly � . .
<br /> � �: lnstatlmer►ts o�Funds payable pr/or to the due dates a f taxes,essessme�rt s,/nsroa�ce pri2mlums and graund rents,shall exceed the. ', .. •
<br /> �� . .., ,. ,,.,.. � � amount requir+ed to pay sald taxes,assessments,insuiance p�emiums snd g�ound rents as Urey falf dua,such excess shafl be,at .
<br /> '• �• � . •Tiusta's opuon,eftRer pmmpify repafd to Trustor or cnad'rted to Trusto�egalnsNuture molrthly instalimerrts ot f�nds.fl thB amourrt uf I • . .
<br /> � • the Furrds hefd by Benefrclary 5h�ll not be sulficlent to pay taxes,sssessmems,lnsarence premlums and grour.d rents as they laJl due, ` �
<br /> . � Fiustor shall pay ta Bene�iciary sny amoant necessary tu make up dre def+c/ency withl�thi�ty days hom the date notice is rnaiJed by �•.' • . ;
<br /> • ` BerreBclary to Trr�ster requasting paym�nt Urereal.Upan payment ln futl ot a11 InCeDtednsss,BenelJciary shall prompfty�efund ro { �
<br /> `, ..: �: •
<br /> - � --� Trc,�+ar_2ny Fi�nds Ae1d b�Benefie�ary.II the Tn�st P�apeRy fs so/d urtQBr the power of sate or ths Tiust Propa�ty Is otherwlse acQwred E
<br /> � I .- by Benefrcla�y,Bene!'icl2ry shalf appry.Immedfafety priorto the3 sate ofd{e Tiusf Prope�ty orits ecquls�ion by BBnelfClary,any furt�s ( �
<br /> �� - � - hetd Dy Beaef�r�ary at the O'ma of applicatron as a credit agaiast tAe taCebfedness.11 Beneffciary execu[es a uvrimen�iaiver of Trustor s 1 _ ' - �_
<br /> • . � : � • ,_ obGgatrons unde�thts paragraph 4,7rustor eovenants end agrees to pay,befare tlte same beoome delirtquarrt.all taxes,essessmenis. ' ' �
<br /> , • ,N�u�a�vrovse px�ratta0ttil ' � •
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