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<br /> - ---_°�_---= EQR YAL�U�LE CO[�5lt�►Ti0!!:�tM ind�6tadi�sr�t€fisd I�in an9 tAt trust tsirtin arat'�d:tfk rea3pt af x�is tar�5y. .
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<br /> � � ��HIS DSSD OF TBIIST IS A COHSTgIICTI08 S�CIIHITSf AG�S�RT � .
<br /> , � � � ' •- TQGETi1ER Wi1H,a11 rents,profits,royotries,irtcart�and other benefds derived frarn the real pr�perty:ail teoses ar suhkases tavearrq:ahe
<br /> � rea)proDerry►ar cn1►Pa�ian thereot.rtaw or hereofter existing or entered'mto,m�d at!ri�t title and interost of trustor tt�ew�der:al@ iri-
<br /> - ' ' � ` ' teresss,esta:e or other etai�s.6atfi in taw and'm equity,which Trostar rtow h�or moY h�ea6ter acquire in the renl praperty:all easemes�ts,
<br />-. ,. � .. rigfits�of-way.tenemertts,heredi�aments mrtd appur4enm�ces thereof and thereto:011 oil and gas Rgfits a�l ptofits,xatet ri�s and water
<br /> +c� . . -� � stock:a1!rigM,4itle and iaterest of Trustar,now owned or hereofter a�pu'ued.in and to mry land hling within the right-0�-v�ay of arry street or �
<br /> � ';•is� highway adjo'uiug the rea�Preyerh►.�►Y and aIl 6uifd'mgs,fixtures,improyeme�s, artd appurtenances aaw or hsreaf�er.eiected thereon ar . -
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<br /> j . ' ::;?l;�;, tielonging thereto.(herein referred to as"Ir�provemern"or"tmyrovemer.�ts"),and anY ard a1t aw�ds made for fhe taking by eminent damain _
<br /> ` ,����: ar by�y proceed'mg or purshase in fiev thereof,of the wha[e or acry part of the real propertY. ,
<br /> �� ' . AIl of the toregoing estote,p�operllr and ir�terest hereby canveyed so Trustaa herein collectivety referred to�tbe"PrapcAy". ,;��
<br /> ., . . . THES D�OF TRtKT SHAlL SECI�tE: � • ',,:
<br /> . � � (a Thepav t ot indebtedness evidenced by Trusta's note of evan data herawith in tha.prirtciyaf sian ot 95 000.Ofl ` �•
<br /> • � ' N�NETY=F�VE'�'TtdouSAND AND No/100--------.�------ ----------------sntlars ES • �' :•1: . •
<br /> .= � ' . . together with tnterest at the�ote or rates provided therein,(herein,together with�}r and all renawais,med'►fecations,�d exteasions thereof, � _
<br /> ;," �.. � �..� � refmnred to as the"Note")both principal end iMerest an the Nate being pay�le in accordmice with the terms set iarth therein,reference to
<br /> .�: �is hereby maiGe,the�ina1�ayment of printipal und interest,if'not sooner paid ana if no renewals,�fications or extensions me made,
<br />�� -i .,��1: ..�.:. " 7 PXrPtlelAilA thprpof '
<br /> = due ond poy�te on Au�uet 21. 1995
<br /> � � . . � _ ..r���;, (b)The pe�fiarmcrxe of ecsh ayeement and covenant of Tnrstar herein eontaned;ond . �
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<br /> . w .��s;, (c)The poyma�t cs�cny sum ar sums of mortey with irtterest thereon wfiich may be hereafter pnid or eQvm�sed under the terms of this Oeed of
<br /> - :;:. Trusf. � •' _
<br /> ';l�s�;�:� � �� ���� (d)The paymertt of ar.y t�;r;u�cdvmues rtecessmy to protect ttte seturity or arry future advmice made at the option of the porties:and
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<br /> w. (e)The performance of an o6ligatian of any olher persen ncrosed in this Trust Oeed to o beneficiary.
<br /> r ', , ,.�,�;.•?5�.. ' TO PROTECT TE{E£ECtlRiTY OF YHIS DEED OF TRUST,TRUSTOR NEREBY CO�YANTS AND AGREES AS i011OW5:
<br /> - r. ' ;.,�;;;_;_ 1./�1�G{fi�d��sl Iet�nst.Trustar stall pramptty pay xfien due t�e principal of artd ir�terest on the indebtedness evidertced by fhe :
<br /> • .d.Y;:`,. � . D;ate;ond a11 other eharges arA fees as provided in the Note,and the principol of Qnd interest on any future AdvQnces setured by this Dee�of =
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<br /> �``'i•,:�''':�.. Z.WRr�tf e!Tftt�.T�usta is lawfulty senea and possessed of gaod m�d indefeasibis title and estate to the Property hereDy cameyed aa�d
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<br /> �' �<����'�;� hps the right to�i�t and eonvey the ProFecty„!he PraperN is free and daar o#oll tiens and encumhrances except fiens naw of retord;cnd _
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<br /> ;}°;� . 4 3.���1 C�i�t��L�ri.irusta►shal!F,a�the Prapt►ty in good cortdition and repair cnd shall nnt cortxnit wasta or permit _
<br /> f'fi` ' impqirment ar deteriarotian cf tice t'raperty m�d sholl camp`��%'�►the provisions of mry tsase if this QeeA ot Trust is on a leosehoid.No improve• _.
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<br /> ��• � ment mw or hereafter erecte��ycn the Property shaU lse a:'"�ed,removed or demotished without the prior written cansent of 8eneficiory.
<br /> �J�� � Trustot shnll tarts➢Sy w�th ufl laws,ordinantes,rer�utations,tovenaMs,canditions m�d�estridiofls cffecting the Praperty m�d not wmmit,suffer,
<br /> -�. . .� �; ur permit mty¢.eta he dono in or upon th�Ptcperty in viotatian of arty taw,ordinante,regutatian,covenant.candition or restrictian.Trustar
<br /> - � � .� ' shnll tamplete or res4ore pramp'!y m�d in gca9 warkmanf�:e r.�mner any impravemerrt on the Property wfiich may 6e domaged ar destrayed and
<br /> -:�`� .� . poy,whtn due,all claims far ldxa perfarmed and materiats fcvr�ished thecefare and for arry otfarotions thoreof.
<br /> � 4. �•Trustar,at its�xpense,w►II maintain with i�surors apprave�by Ben�ciary,insurance Mrith respect to the Impravements an4
<br />� � � � .. persenel ptoperty,wnstituting the PropeAy,against loss by fire,lightning,tamado,and other perits and twiards cavered 6y standard extended
<br /> - � � coveroge endorsemerrt,in an amount equat to at teast one hunQred pereent of the fu11 replacemeM val�ra thereot msd insurmise agcinst such
<br /> ` � + - � � other 4�c�tards and in such amourtts os is customarity earrisd by owners and oyerators of simu!�propertios ar as 6anefirinry mny require for its
<br /> � proteetiart.Trustar wd1 campty with sush otAer reQuiremertts as Benefi�iary rt;ay from tune to time request for fhe pratection by insurance of the
<br /> '.� � - interests of the respc3ctive parties.All insucance pol3cies maintuinsd punuartt to this�eed of Trost shall name Trustor m�d Beneficiory as in-
<br /> � . sureds,as their respective iMerests mcy appear.aml provide that there shaN ba no eartcgttotion or modification without no less thnn 15 doys
<br /> �__ � ,qrior xrri»en noti�cat�an 4o Berte#iriary.t�o the ovent arry policy hereurrGer is not�ertewed an o►before 13 days priar to its expiration date,
<br /> � `' �. --- _ �en caary may pmcure suclf iesufidtreb ie eeeCrQmRa witF�tireyrovisions oi pmagrapn T►rer�ii.i��,si��:.a.�^'»��!c L:.Aw'.:�;et,��},��
<br /> _ :�`__�_ _____�'_, _ palic(es of insism�r�m�d renewots thereof ar memo copias of such policias and renewa4s thereof.failure to fumish such insurm►ce by Tnrstor,or
<br /> . renowols as re�ired hereunC�r shatl,et fhe opfion of Ben9Neiary,eartstitatts a de�utt. � �
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