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<br /> '''`:."y��''-�---=��y• THI6 D�ED OF TRUaT,le made as o}the�_c1Ay o}..._rnbr.unrx ,10�„by ar�d amoe�p '
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<br /> ----.b::�W+t�cq��}_�,� lt�e T�uetor,.��iIt31C�1�,�..�1�.C...AA(�..�.�.UA�,n 1.. Klc�iar e line�nnd nnd (y��ya ,
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<br /> " 8075 4outh Locuet Stroat Doninhan NG p " '
<br />_-_ri�•�=x,-.� whoae malilnp eddroa�la • �..._...r r �'�ff�r�in"Truator,"whether one or more), " . �
<br /> --_„ th�T�uttM� Bnnk of poA�P�L13a..�.�.hC.�k9...CA.-���n• .—...-.
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<br /> 3�'dl�i_�.r� whoso mallinp eddrgse le P'A Aax I�, nninhc►n�. N�fiHA�3 (�era�n"7ruatee"l,ec►�i "' "
<br /> `v--°•���' ths Beneticl�ry, Bank of Daniwhfin , 1 �
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<br /> •^°°°!��+��L'�' ; whoae malling addresa le—P—� Box B, noni�]jnn. N� 68a32 (hereln"Lender"). _
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<br />- ._i; FOH VAUTABI.E CONSIpERAT10N,Includinp Lender'R ex4anelon oi credit Identllied he►eln to I�14SdS1Y.�L_Klg �r _
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<br /> �'�.�r:..._r;;':�. and Ilonn�a L. Kleiar, Huebund und W�f�hereln"Borrowor",whether one or more)end the truat he►eln created,
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<br /> �,� �� lho recelpt ot whlch Is hereby ncknowledped, Trustor hereby Irrevocabty grants, trensfere,conveys and aealpns to Trustee, IN . �.
<br /> :,�;��' TFlUST,WITH pOWER OF SAL�,for lhe benatit and sBCUriry o}Lendar,under and subJect to the terma and condltlone herefnatter set ,. y�"' � �} �_
<br /> �„"'a'�"��`• forth,the reel propehy,deacrlhed ea followe: .'•
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<br /> �•' ���'��''� To��fher wlth all bulldin a im rovements.tixturea,etreete,alle s, 8898 ewa a easemente,ri hta, r{vil e�and e urte- �;:•,r�
<br /> _ .=y,�+`t�. A- 9 , P Y P 9 Y � g P e9 PP r .,,;,
<br /> ,'' � � • nance�Iccatod tharoon or In anywice pertelning therAto,and the rente,ia�uos and profits,reveretona und remalnde►s thereot,and �; �!�'---
<br /> „�-:.��r-�' such per,or�.l�ropoRy that I�attached to the Improvemente eo as to constitute e Hxtura.Including,but nut Ilrntted to,heatinp and "�'=-'-'-'_=�����
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<br /> , �.. L • cooling eq��ipn�:�n��tnd tagethor wlth the homestead or meNtel Interests,If eny,whlch Interests are hereby releassd and walvedi HI) ` -ti �' �r���
<br /> :ui+:��:�:: +� oi which,ino�ud.�g roptacementa end additlona thereto,Is hereby doclered to be e part of the real estain socurad by the Ilen ot this �:`;�:'
<br />_ •;�;,,.t: Deed of Trua,�n i all oi the toregoing being retorred to hereln a9 the "Praporty". %� �'''"' '
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<br />•�.,��. r;. •: This Deed o(�Trust shall secure(n)the payment of the prinolpal sum and Interest evidenced by a promissory note or cradit Y,zp�^
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<br /> �_..,;,• agreement c3atea �NOrutiry o. i��3 _,hBVIfIQ EI fnBtUfity OAt9 Ot +cuaua�.v u� a .�
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<br /> •• ',. '� In the origlnal princ(paf amount of$ 32.000.00 ,and any and all modificatlono,axtonsions and renewals
<br />_.�. ,. •_._ �:.��. thereof or thereto end any and all future edvances and readvqnCeQ• to Borrower(or any of them if more than ono)hereunder
<br /> ,.;; purausnt to one or more promissory notes or credit egreemante(hereln called"Note");(b)the payment of o�er sums a{4vanced by
<br /> .���'; �:.. Lender tv proteotthe eecuriry of the Notv;(c)the pertormence ol all covenants and agreemente of Trustar�e4(orth herefn;and(d)c�li
<br /> ; �• �,�'�`��r present And future Indehtedneen and obliflatlo►•�s of Borrower(or nny of them ff more than ono)to Lertder w8�ather direct,indirec0.
<br /> „.�'.�;..;,�,' absolute or contingent and whether arising by note,puaranry,overdraft or otherwise.The Note,tfiis Deed of Trust and any and all
<br />-:_T��;. . other docuents that seCUre the Nota or otherwise exocuted In connectlon therowith,IncludinQ without Ilmittttion guarantee�,seCUriiy ,,.�'
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<br /> f�;j,; x, , �greeme�te and esslgnments of leasos and rents,shall be referred to hereln es the"Loan Documents".
<br /> ��z_,1�^_, � Trustor aovenante and agrees with Lender as foliows: .
<br /> "��� 1. Paym�nt of Ind�bttdn�ss.All Indebtedness secured hereby shall be pald when due. `�i""'r' '�
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<br /> _ � �'r 2. Titta.7rustor Is the owner of the Property,hes the rlght and authority to convoy the Property,end warrants thttt the Ilen ,
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<br /> 'r;n,;.,;•M�E�'� created hereby le a first and prior Ilen on the Property,except for Ilens and oncumbrances set forth by Truator in writing end ���.•�„• f �`
<br />-:��• r�•`T^"""'� delivered to Lender before executlon of thls Deed ot Trust,snd the execution�nd delivery af thls Deed of Trust does not vlolato eny � ���_,
<br /> = � - -...,�� contract or other obligatlon to whlch Trustor Is sub)ect ?'•0 ',��
<br /> �"",�'1 .. � 3. 7�xN�At�tm�nb.To pey betorv dell� uenc all texea,s ecial ussESSments and all other cher As n alnst ths Pro ""�." '""''"�°�""�'�-�'
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<br />- �=r���■�r�� now or heraaftor lovled. �
<br /> ��#� 4. (nsur�nc�.To icee Yio Pro e insured c� a�nst dema e b fire.hazaic3s oncluded withln the torm"c�xtended covers o and ` ��'
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<br />- :,�•:,,»...� such other hazards a3 Lender may requlre,In Re��ounte and with compaNes a:.captable to I.ender,naminr�Lender as an additlonal •� f!�,,•.��~.''"°
<br />-_:�`....�:... namod Insured,wlth loss payabte to the Lender.In case of loss under such pa7i�ias,the Lender is auihaized to edJust,�ollect and � � •--�:��:
<br /> �h:,i;,v�� ,• compromise,eli clslms thereunder and shall heve tho optlon of applying ell or part of the fnsurunqe proceeds(I)to any indebtednoss
<br />•��•-�-���s.r�"'^ secured hereby end In euch order as Lender may determine,(II)to the Trustor to be used fCrc�a rvpalr or rostoratlon o}the F'roperty � •
<br /> ---"' �� or(Ilq for any other purpose or objeot satistactory to Lender without aHecting the Ilen o}this Deed ot Trust tor the full emount secured �r.�•
<br /> �'�`•'��= � herdby before such peyment ever took place.A�y applicetion ot proceeds to indebtednesa shal!noi o��tond or postpone tho due
<br /> ,�;�:�,�i,��.�a--' date of any paymon2s under the tVote,or cure any detault thereunder or hereunder. . "
<br /> �,y,,,=�� � , ,�-1 5. Escrow.Upon wrltten der�n�nd by Lender,Truator shell pey to Lendar,In such manner as Lendor may des:gnate,suificlont .
<br /> ��,:;v� ±� se�ms ta vneblo Londor to pay as 4hay Lecome due one or more of the following:(I)all taxe3,os5essments erd other charges agelnat
<br /> :='{`=�', ''�-:--�� the Proporty,(Iq the premiums on 1ha property insurance requir�ad horeunder,and(Iiq the premiums on any mortgnge Inaurance
<br /> •� •'•<<r:�•� � requlred by Lender. �+
<br /> �•-�—`�^•,T""`•�'l B. M�Inttn�nce,R�paln artd Compllancm wlih Lawt. Trustor shall keep the Proporly In good ccnditlon and ropolr, shell " �
<br /> _ ' '^�""`a4;� . promptly repalr,or Qeplace any improvoment which may bo damttged or dostroyed; shalt not commtt or perm(t eny waste or '
<br /> =-i:a,.: .��.
<br /> �'"'•rt��r��. deterioratlon oi tha Propa�ty;shall not remove, domollsh or substnntlally alter eny o}the Improvements on the Proporty; shail not .
<br /> �1,`�k;,;•;.r;�������'�.�� commit,suHor or permit any act to he dono In or upon the Property in vlolaUon of eny taw,ordls�ance,or ragutntlon;and shAl!pay end
<br /> '�.r<'�'��i:r" ron: Z dlsahar o at Trustor's cos�and ox enso aii Itene,encumbranceA and char e�lovtad,Im osod or assossed t�c ninat tho '
<br /> _ ,.�-�r t:� P �y A' r P 9 P ,� .
<br />- °_��`;���:..��, Properiy or any part thereof.
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<br /> -�w �� 7. Emin�nt Domaln.Landor is hereby asstgned nll compensalfon,ewarda,damages and other payments or retlef(herelnafter �
<br /> �-i�4 Y���.i "proceeds")In connec3ion with condemnaUon or other teking of the Proporry or part thereo},o►(or canvoy�nce on lieu of co�demna-
<br /> _--�'�`�.--;�:,id"' .
<br /> -:�,;'�z`,'�?.: Bon.Lender ahall be entitled at ita optlon to commonce,appear In nnd prosecute In Ita own name eny action or proCeed9ngs,and
<br /> = ahatl ateo be entitled to mnko eny comprumise or settl�rment In connection wlth euch taking or damage.In the evont any�ortton of
<br /> _ � the Propsrry le ao teken or darr�agod,Lender ehall heve the optlon,In{ts sole and ebsolute�iscretion,to apply all euch 1��•aceeds,
<br /> - -s.:ra�°° aicer aeducring cnerettom eii costs and oxponses incur�eC Dy n In connoction with such Proceeda,upon nny indebtadneas securced
<br /> -�=r="•° - hereby and i�such order es Lender may determine,or to apply nll auch ProcQed�,nfter such deductlona so tho roatorntlon of tha
<br /> - `_-,.: •,,�;� �----------- ...
<br /> _�vi,���.'�.-. .. Property upon such condltlons ns Londor may determine.Any nppiicaUon oi Prococxfs to Indebtedness�hal!not oxtend or postpona I
<br /> �-�.�`^ti. F•.,.fi the due d8te ot any peymenta under the Noto,or cure any detauit therounder or hereunder.Any uneppil�d funds ahall bo pald to ,
<br /> -.:..,: T�uator. �
<br /> '�,r...,' ���' A QsalAtm�M�hu 1�edu 1 Innn fhe n....�.�.oe......�....G......���n�t�..n�.�" .�_._�.__ ...�....��.......�...ai....
<br /> �-' -� --- ' ' ---"'.._..��..i__..��.._�_.....��..�...................�............as�ouu uv�oUiiu'oi�'vi ii uii'd���o wnoi��� �v m N�v�wum � . . .
<br /> - '���' � �'. comrttenced whlch materlally t►ffect�Lender's Intoreat In the Proporty,Lender may in lt�awn discretlon,but wlthout obligatlon to do
<br /> ��:�� .� i° so,flnd wlthout noUca to or demend upon Truator and wlihout roteAeing Truetor trom nny obligotlon,do ony act whlch Trustor haa
<br /> ' „ °• �• aflree�Dut fa118 to do and may also do any other act It deoms neceesary ta protec4 tho sacurity hereof.Trustor shall,Immedlntoly
<br /> :,,. ' upon demandlheretor by Lender,pay to Lender all coats end expenaes fncurrod encf aum�oxpended by Lender In cannectiun wlth
<br /> , tho oxorci3e Ay Lendor of tho forogolnp riahte,together wfth Interest thareon nt tho deteult rate provided In the Noto,which ohnll be �
<br /> _, �� added to fha IredeDtednoas secured hereby. Lender shall rtot incur a�+y Ilabiliry benauss of anylhing It may do or omit to do
<br /> ' hereunder.
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