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<br /> �. . . _ . -- . . � �m°`�-.—_
<br /> ���`'"::°.�`��. �.lf``' � ` ta1 Tfle papm��t ofc the p�s3ncigal sum and irita�es� ` � _-_=--_-
<br /> - - _ � � evtde�ced �iy ��rrovre�'s Coas�rtiat£on Liu� oiE �E��t � � ' . -- _--- -- --.-
<br /> � `� `�4,� ' � Dra� Y�ote �ated Octob�s !4 ,� iR �� ,, I�av� �a- ---_-_ _ - -
<br />` � 4<.�:�, ,�� --_--
<br /> � $. < matur�f� date of xii 12 1995 ,�n �h� 'o�i,q�.n�. , . ° -
<br /> '. < .;_ . ..r . psinc�pal amouiit o �inee� �&au�and an�t t�o �00 _---..--.�Yla�s - _ =
<br /> � � - �$9U`.�o0.�� eD .. a�a8 any aasd � ma3 € cafc a��. e��eyaeiva�� , .,� __. .._ -
<br /> " ` � arid x"enewa�s �hereof or �h�re�o and aay amd '�17.. futt�r� . - � ---=_--- -
<br /> ` � . .` ��� , advances �nd rea��ana�s �hereun�er pulr�u�ant ta Dne er , � ------ ---
<br /> - -�:°„�". � more pra�.s�ory �aetes or c��c1i.� agre�me�ts th�refn -
<br /> _`.k�' � ' n tlt f c • •
<br /> :} ,- � cat2led N�te s . � . '
<br /> ,� . - . ,. � �-; �.'_z,.
<br /> r:z: �'Y�: • . . .
<br />` _�:' ..�� Eb? �be paym�nt of ofcher sums advanaed �b� I.eader � . -
<br /> ' `�'" � � � to pretect tt►e sacnrfty of the id�te: : ��
<br /> '�,
<br /> :`. . . `` f a3 The perfora�aace of al� �conenants. and asJre�- � •� ;�;��,';.�
<br /> . , '. . men�s of Horrcwer set forth herein= and . -
<br /> .. � , t: �,,:,:. :� ,
<br /> -�� '���,}�`. ' . � td� ��].a in�lelrtedneas aad �ab2�.e�ati.ona c� ;Borzo.vex . �:
<br /> . .. :_. _,�::', :�.•� . , . .
<br /> -j-. . . . ,�.,.�.�� ' to Lender wB�ether dixect. indirec�, absolut����cs cc�.- �`;: ---.-- -
<br /> '� "tingent and whether ari�ing by note, guaranty, od�= .
<br /> � , r � , draft or o�the�wise advar�ced for the purpose �ofc mak3.ng ` '.
<br /> �=� ' � '` ��: ' � ' ., imp�ovements to the real ea.t,�te herefna�ove desa�c3.bedo , '
<br /> � . � � �. � The Note, and any and al:l o�2r documents that �secure ,.
<br /> ' ��� '� . th�e Note or athes�aise execut�c� in cosuleetioa therewith., . �
<br /> . .._'� � - � � inaluc3ing, witlaout limitation, qaaz�nteea, sec�ritp ' "
<br /> � _� .: � agreerne�nta and assigttmen�s of leases and rents, s�¢�1 _ -_
<br /> � .. . � .,.:,�t�;.; be refe�rred ��. Izerein .as the "�oan Inatrumer��s.�" � � �--
<br /> . . . -�;:;:;,r,�, , , . .
<br />_ ::<:.,,, _ ..
<br /> ��`Y��`�� � Borrouer, to protect, the security of this ��d of..Tsast, •
<br /> ,��.;:�.�... , --
<br /> . � .�.��� . . ——
<br />. .?•;� �� c��s�ants and agseea w3.th .�.�nder as follows: . . , --
<br /> � ;.:>�� � `;.,.
<br /> ' � � `��'��".,�' ' 1. Pa e�t of Princi and infierest. Horr�;x�r sd�all �'
<br /> • �'��,.,.-;;�::.�, .
<br /> � • r;.��;�, � promptly pay wb due the p�r 'ncip�al of an nterest on, and a�ny. . _ =��
<br /> '�^"`'" fees or chargeo provi8ed in, the Note or fn this Deed of Traet.
<br /> . . �,, . .
<br /> .` • ;<. .. . 2. �. Titie. Borrower ie the owner uf the Property and ,��_�
<br /> . `',':,' . has the righ� a�tho�ity to eonvey the Property. �� 'i�
<br /> _ .��.�•�.r , •�. .
<br /> .. !'.. .. . —�� .:.�__
<br /> �`'r-� � 3. Taxes Aeaessments. �ceept when ic4tey are eon- � ���T� _
<br /> - --�-:-=-•�,;. � �� - . ,.��
<br /> ° .,�s: : � � teated in goad fa t , to pay when due all taxea, apeciaIl assess- -� �_��
<br /> ���'��,7"� � =� � • � �ents aai8 all o�her cha�s�es againat the Pxoperty and. +upon !��"'�
<br /> '•�"a,.�.: • "K � • �,.�� .�
<br /> � � �itten demand by Le�der, to pay to Lender sucY� ataount as may be �,:,.._=-_—•��
<br />: ? ' ���Cf3c3ent to eaa�fir�e the Lender tQ pay auch taxes, assessmente a� - ���-
<br /> _ ?.b � � o�ier charge� as tHey beceme due. ' :T���-_- =
<br /> �:.,�. . .�`. --"'r��.:
<br /> : �.,;' , . , , .' '���_
<br /> ;� � 4. Inourance. At the begi�ing of conatruc�ion os �:_,.- ,;�_
<br /> :_3,�.•. '.� • � renovation of U ld ng, to keep the Property i.nsure8 againat , � �� `
<br /> :�.. � ` ,•..,.,. :_..:��
<br /> ���� • ��� '>� '� damage by fire� hazarde includecl witihin the teaem "all riak , _ -- - -
<br />_ - �:,,.,, • ��.
<br /> - `��'�'�`"' '� coverage", ,ana such other hazarda as Lende� ma� reqeiire, i» ti ' '��-��`��` ��
<br /> t_�. . .�Y.`, . , , . . . ..
<br /> amountg and wi.th compan�es acceptable to L�nder, incbt�d�ing a � ,. � �*:
<br /> " � . . standard mortgagee �lause with loss payable to the Len��r. In . �. •�;;
<br /> -- case of loss �:��ss $uch policies, the Lender fa ant&orized to _ . � ���
<br /> �, .�� : ._;;'I:�,;��-; � � ' a��uet, colleat an8 compromise a17. claima thereunder and ehall . :. .s� ' �'
<br />`� � ; ����� have the optioa a� applying all or part of the insurance proceeds �-
<br />-.,�� . � �i) to any inde�ke�neso aecured hereby and in such order as . � .
<br /> ::s: . • Lender may determine, E�.i.1 to the Sorra�aer to be us�d for the
<br /> '' � repair or sesto�atidn. �� �he Property or (iiil for any other . . .
<br /> . �r.: _ . :., �
<br /> :� • �. , .`a>:�'::. . purpose or ob3ect satisfactory to Lender without affeating the .. ...., .
<br /> ;.,;, . lien of this De_d€ af Trust for the full amount secured hereby ��`�'�,:,<�:� '
<br /> � beforQ auch payment� ener took place. Any appliaation of proceede � }�_'�� . ,.-i
<br /> � � � _�.• �a �.ndebteAness ehall not axtend or pnatpon0 the 8ue date of any . ,
<br />--_ � . . • paymentg under the Note, or cure any de£ault the�eundex or here- � , -
<br /> . uader. . .
<br /> � �� �
<br /> � 5. l�iaintenaace Re airs an�3 Com�liance witih Lativs. �
<br /> �� �� . � Borrawer sh�ll Yceep �`ie' Proper y a gooc� con � on anc repa rt � •
<br />:= �# .. .�: .�.�' � ehall promptly repair or rep2ace any improvement which may be
<br /> � # � . damaged or deatx�oye�lt ehall nat aommit or permit any waste or , . � .
<br /> ' . da�orioration oQ the �roperty: ehall not rera�ve, demolieh or �•� � .
<br /> �•, . subatantiall.y a�ter �ny o£ �he improvemQnta on �he Property� � _ .
<br /> . ,:.. .
<br /> -°._�__ _ � � sha21 not commi�,. s�aEter or permi� any ac� to be dona in or upon �
<br /> ._ __ . �—_ -
<br /> . � � . `2+ ��a ,
<br /> i� , . , �'' . .
<br /> .
<br /> - �. • .�..T�_ - . .
<br /> �_ ,�. �_.__�...... __ _ •- ---- - _._ __
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