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<br /> =,;�~:; � . �mvdif�ications.and extensions of aucb aote, both principal '� ' .
<br /> ��`« �°� :- j'���r and interest an �he note being payable in accordaace with . � � , � `'�:
<br /> -.:�.a.,�-,;.,,:: : . .
<br /> -:r�;-; .:?;r F� �'� � the tenna set fpsth therein, rnhicb by this reference is , �.�; � . _
<br /> .:a.�.°�. � hereby made a part hereof; � � , F �
<br /> :. •_� : ,.. . , . . . .. _
<br /> . F. :,,, . .
<br /> +:t�-r � � �ib) the performance of each agreement and covenant ��.° . , . �
<br /> "��<�. . . ...�._: .
<br /> of Trustors herein �ontained; and ; :
<br /> �-:°�,� � ` -
<br /> i ." �rE1-__..'. " 6..v_ .. ._.
<br /> , (c) the payment of any sum or sums of money which �� . _
<br /> may be hereaftier paid or acivanced by Beneficiary under � ,
<br /> �' . � ���SY r` the te=ms of this Deed of Trust, tagether with interest � • � , •
<br /> .-.y . _ _ , .�
<br /> , " � � thereon at the rate provided in the note. � •
<br /> t � y.,'„"'.` = -
<br /> �;�;�•�,,�� ._ To protect the security of this Deed�of Trust, Trustors hereby �, r �� r
<br /> :�=-:� . - j covenant and agree a� follows: . .���:�.v-
<br /> �,. • ,
<br /> . •,�.' "�
<br /> • 1. Payment of Indebtedness. To pay when due� the principal t�'`'r''-
<br /> ..... . "'
<br /> - :,. ;. :,. af. and the interest on, th2 indebtedness evidenced by the note, , �---�=`-=�
<br /> „ ' '��--�-=_-
<br /> " �' � � cYiarges, �ees and all other sums as providsd in the loan �'���--=.--
<br /> �� iri3tLlunEri�9. ' `���==_-
<br /> � , . �" .
<br /> "�' , . _ � 2. Title. Trustors are the owners _of the property and have '._`��—
<br /> _ _ �- __� .� . --
<br /> ..: ;'�f' _ .--�-- ----�----�hQ�i�ht��n�-authority�t��execu�e�th�a-Deed of-Tr-ust�i�s respect-.te._..----....._._... .� -.�.,`,�, ,,,�_
<br /> . . �- �
<br /> . . �'� th� property. � ��
<br /> }_.. �.. � .�..;�. � .._�,.' �.��-
<br /> -
<br /> 3. Taxes and Assesament. To pay, whea due, all taxes, ".�,;;�� .
<br /> "�"""'`""""�` __ special aasessments_ and. all other ch _ es a ainst_ the ro ert --
<br /> . � . .. . .,.r,,, - - - -� 9. - - p, p � ,_..1
<br /> � ,: " � • �'•� before the same become delinquent, and, in the event Benef iria - � �;
<br /> ..� ''�:_�
<br /> . shall so require, ta add tp the pay�a[ents reguired under the note .:F`-�=
<br /> '�• . . secured hereby, such amount as may be sufficient to enable �- ''
<br /> ..:��d;y.
<br /> ' - �� � � . Beneffciary to pay such taxes, assessments or ,other charges as they �.��
<br /> �: � . become due. • r.
<br /> . ��
<br /> :� "' � , 4. Insurance. To keep the improvements aow ar hereafter :,�-
<br /> , ~��.'I. � ° � located on tlze real estate described herein insured against damage ,%
<br /> �: � � by fire and such other hazards as Beneficiary tnay require, in ,��;�_
<br /> �� ..� � amounts and companies acceptable to Beneficiary, and with loss
<br /> �_ payable - to Heneficiary. In case of loss under such policies, .. �, �
<br /> . � � Bene£iciary is authorized to adjust, celleaG and compromise, in ita • , ;�'�?
<br /> �" ' � � � discretion, all claims thereunder and, at its sole option, is ' �
<br />_ �,/����•�::..:rt�. ,..�,< �.
<br /> _�•.�:�=;; �':� authorized to either app�y the proceeds to the restoratiori of the . ��� ._r.����
<br /> �r'�.P;�;-�.{:r ':'. proper�y or upon the indebtedness secured hereby, but payments � � . ,.;�.. .
<br /> �`������'.°�� required by the note sha1Z continue until the sums secured hereby ��" ��•:;
<br /> �;;,-;:-.. . .; -�`-
<br />_':��..'_ „ .: are paid in full: _� �. .�,r``�
<br /> � . -- �;:fi_'�r��?>;Y.
<br /> .�� . � 5. Regair. Maintenance and Us�. To promptly repair, restore . . .��'• �=
<br /> �. t_... � � "�
<br /> - � . , or rebuild any buildings or improvements now ar hereafter on the •� �.�-.� .
<br /> , property; to keep the property in good condition and repair, , r . �'4`''"._
<br /> ��=!;-�.�'-`• wi�hOUt waste and free from mechanics or other liens not expxessly � _ ���
<br /> �!'�"" � � � subordinated to the lien hereaf; to not make, suffer or permit any . � :
<br /> =�- nuisance to. exist nor to diminigh or impair the value of the � . .
<br /> J�r;-._. . •
<br /> _.:,. ; � ��' property by any act or omiseion of act; and to cflmply with all .
<br /> ��"�::; . .'� requirements o� law without reapect to the property. .
<br /> �.R }Y - ' '._ ' ',' - '
<br /> -,•-;':.. ~•�. . .
<br /> �°°_;,,�.{. � . 6, condemnation. In the event the property, .or any part �. ._,, .•, : .
<br /> _���':.,,,,� ' � thereof, sha11 be taken by eminent domai.n, Heneficiary is entitled .
<br /> :,_:,, ::i.=�a� to collect and receive all compensation which may be paid for any . .
<br />� ' ' �; property taken or for damages to property not taken, "and •
<br />���`.�... �' �.�,,�:'_,� Beneficiary shall �apply such c�mpensation, at its option, either to ' �
<br /> - - • �� a reduction of the indebtedness secured hereby or to repair and . . �
<br /> , Yt� � restore the property so taken. .
<br /> .�
<br />-::,_,������.�.,_ - 7. pprF!+rmance bv Beneficiary. Beneficiary may. .but shall . . :
<br /> _"����=���=� ,• � have no obligatian to, do any act v�hich Trustors have agreed but .�
<br /> ���. , ..:�� fcailed to do, anc3 Benefieiary may� aleo do any aet � it deems � . •
<br /> T u �� necessary to protect the lien hereof. Trustors agree to repay, ,
<br /> ��`-��- --� =- -�=- • upon demand, any sums sb expended by Beneficiary for the above .
<br /> �-',; ��`� ' purposes, and any aum so expended by Beneficiary shall be added to �� ' •
<br />, y•.� .���� �, the indebteclness secured hereby ahd become secured by the lien i
<br /> t�;s" ,. hereof. $eneficiary shall not incur any persorial liability b�cause f .
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