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<br /> . TOGgTHER WITH,all rents,profits,royalties,intome and other benefits derived from the real g�roperty;all leases or su5leuses covering thn
<br /> renl praperty or any partion thereof, novi or hereofter existing or entered into,and all right,title ond interest of Trustos thereunder, all in- _
<br /> .. terests,estate or other claims,both in Inw and in oquity,which Trustor now hos or may hereofter acquire in the reul property;all easements,�
<br /> rights-of•woy, tenements, hereditaments and oppurtenantes theroof ard ther�tor all oil ond gns rights ond profits, water rights and water Q
<br /> stak;all right,title and interest of Trustor,now owned or he�eafter acquired,in ond to any land lying within the right•of-vray af nny street or �
<br /> " highway adjoining the real property, any and all buildings,fixtures, improvements, and oppurtenances now or hereafter erectad thereon or �=�
<br /> bolonging thereto,(herein referred to as"Improvement"or"Improvements"1; and any and al{owards made for tho taking by eminent domain ���k�-
<br /> or by any proceetling or�urchase in lieu theraof,of the whole or any part of the real praperty.
<br /> .. � I'°'",
<br /> All of the foregoing estate,proaerty and interest hereby conveye�to Trostee herein collectively referred to as the"Property". e��:�
<br /> ��.�..
<br /> THIS DEED OF TRllST SHAII SECURE: "'-
<br /> , (a)The paym�nt of indebtedness evidenced by Trustor's note of even dote herowith in the principal sum of �'1���T�GTX �`:.:;_
<br /> , 'IHWSA[�ID AAID NO/l0a— —Dollars (S�bs-4�S2��1 - --..._), -_
<br /> gz;�-,,
<br /> „ , together with intorest at the rote or rates provided thxroin,(herein,toaether with ony and all renewals,modifications,and extensions thereot, �:
<br /> refer�ed To as tho"Noto")both principal and interest on the Note being payoblu in attordance with the terms set forth therein,reference Po �•��
<br /> whith is heroby made,the finnl poyment of priacipa!and interest, if not sooner paid and if no renewals,modificotions or extensions are mada�. �_
<br /> ' duo and payable on t'9arch 1, 1995 or anv a�tensions or_ renc�caals thereof . "'"'
<br /> (b)The performance of each ogreemont nnd covunant of Trustor hErein contained;and �'s� "�
<br /> .f.,
<br /> . (c)The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this Doed of ,
<br /> � Trust. �"��
<br /> (d)?he payment of any future advances necessary to pratect the security or any future advonce made at the option of the parties;and � .,
<br /> (e)Tho performance of an obligation of any other person named in this Trust Qeed to o beneficiory. �
<br /> TO PROTECT THE SECURITY OF THIS OfEO OF TRUST,TRUSTOR HEREBY COVENANTS AND AGREES AS FOtLOWS:
<br /> 1. P��mewf of Princlpal and Intereat.Trustor shall promptly pay when duo the principal ot and interQSt on the indebtedness evidenced by the •
<br /> , , Note, and all other chorges and fees as provided in the Note, and the principul of and interest on any Future Aclvontes secured by this Deed of
<br /> " Trust.
<br /> l 2. Werva�t�r of Title.Trustor is lawfully seized and possessed of good and indefeasible title and estato to the Proparty hereby conveyed and
<br /> has the right to grant and convey the Property; the Property is free and clear of all liens and encumbrances except liens now of record;and ' .
<br /> � . ' Trustor will warrant and defend the titlo to she Property against all claims and demands. � '
<br /> 3. M�t�n�na wid CoMpli�su with lawi. Trustor shall keep tho Property in good condition ond repair and shall not commi4 waste or permit �
<br /> � impairniont or deteriorotion of the Property und shall comply with the provisions of any lease if this Deed of Trust is on a lensehold.No improve• I
<br /> ', ment oow or hereaftur urected upon the Property shall ba altered, removed or demolished without the prior written consent of 6eneficiory. �
<br /> 7rustor shall comply with all laws,ordinonces, regulations,covenants,conditions and resirictions offecting the Property and not commit,suffer, :
<br /> i � or pormit any act to be done in or upon the Property in viola�ion af any low,ordinance, regulation,covenant, condition or restriction. Trustor
<br /> _. ._ .. - -_ . .. . . .. . . ... . --'-------''----••--'�����..,n........�.....h:�6 mnv M dmm�nad nr daetmvad nnd �_
<br />.�._--_. -�-- --. . ... .. __I
<br /> snan comptere or resrore prompr;y On0 m gooa woncmam�RV munnc�unr nu�nv�cu�m�� o��.��.,....r..�..� .....�.......�---"'--o--- --- -•-- - � . .
<br /> ' pay,when due,all claims for labor performQd and materials furnished therefore and for ony alterations thereof.
<br /> 4. Insuranc�.�rustor,at its expense, will mnintain with insurors opproved by Beneficiary,insurance with respect ta tlie Improvements and
<br /> i p�rsonal property,constitutiny the Proporty,against loss by firo,lightning,tornado,and other perils and hozords covered by stondard extended
<br /> � coverage endorsement, in an amount equal tv ot Ivust one hundred percent of the full replacertsent volue thereof and insurance against such
<br /> ` ' othQr huzards and in such amounts as is customarily carciQJ by owners ond operotors of simulor properties or as Benefitiary may require for its
<br /> . protACtion.Trustor vrill tomply with suth other requirQmenis as Bonafitiary moy from time to time request for the protection by insurance of the
<br /> ' int�resis of tho respettive parties. All insuronce policies mointoinad pursuont to this Deed of Trust sholl name Trustor ond Benafitiary as in•
<br /> ; sureds,os their respactive interesis may appeor,and provide that there shall bo no cancellation or modification without no less than 15 days
<br /> r� � prior wr'stten notification to Beneficiary. In thv evont any policy herounder is not renowad on or before 15 days prior to its expiration date.
<br /> Benofitiary moy procure such insuronce in otcordonce with tho provisions of pnragraph 7 heroof.Trustor shall deliver to Beneficiary the original
<br /> , policies of insurance and runewals thoreof er memo topies of suth policies and renewals thereaf. Failure to furnish such insurance by Trus�or, or
<br /> renownls as reqair6d herounder shall,ot the optidn of Deneficiary,constitu4e a dafault.
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