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. . 1 � S . t � .� .♦ � `["rsP,..� wu���a',�. <br /> . -i._ -: ^ y •. . .� . f . �4 �.L_ xi. � � � — - - . <br /> s ,�' <br /> �- f � ��- ^3" 'F., `�r`�,s4�' . r �_ - � j ri,+� c., - rW'c..`��c:G�� .ry-- �i"u as�.�oA.�..��' - =— —-°--... <br /> Ys=s�.��aa.�v`�rs � ���F,� s �'•r °,,,� _��r.��• .a �s ..y.'5���� — -- -- -- — — <br />--;jG'•'��� , ---- � , . , . . - <br /> -_-__ ;,,ra.� . , , . , • � • . ' . __-_--- <br /> _='•=-=k� . .. . . , , -- W-�-- <br /> ,� ' . ' �• . ' � . — _ ---- <br /> _ __._ __.___—~`y . ' � : . � . • � . . . -_-___—_-- <br /> _ � ' . � T#►ie �eesi of �ts��� �n��I s�--►�.:--�:'� � ����.�'���, �==- <br /> �:�.,� � . ` - -- ------- <br /> _ - � ta) The pay�aent o£ �2ta.pr�:x�s{3.paY •s� a�d �nteresx — _ <br /> � � evidenaed`by 8orrat,tar'e Cors��ca�sl�ion Line' of Credit '°� <br /> ,���� � _ � ,Dra�i�t Note date8 Dece�D�r 3Q.: ,. �. Ig 94 , h3t�#ng 'a ��--- ---- <br /> .��_, ' . � A:atu�i�y 8a�e o� .tuaa 8e 1s�� ' �.� ,.�� n trie origfnal. ��.���� -- ' -_ _ <br /> �' ^�. ` Larinci�al a3no�at o oae �ua3a�e� �#,� Thousand b Ko/I�ollars __ <br /> �icat o�s, e�stensioms t"�^�� � <br /> �� < ' tSi t}.0� ao.00 ?• and aay aad ab�.. ui��� � � <br /> i�; �ncl renewa2e th�reoE ox �eesa�a .,a�rd any �and aII €u�ure : f�s�� _=-- <br /> f� � ~��'�- - —��tt���s aaid readvance� _h��a���t�.•pursuant to on� or �� _ �"= <br /> �`"' ?�'�,.� -- _—= moie, prom�ssory notes as csc�.:�,:aqree��n�s�i$erei� � - �,�r -- <br /> -- E:t � <br /> �; <br /> --�- Cdll@d °NOte"}j ` �.F`'�-------�"�� <br /> _�� j ..: ___-. <br /> .;�����' . � . Ib) The paymen��.—o�E�es. suCl,� �advaneed bq �ender � :r' - --- <br /> _-"`�.�"`�°� to protect the secnritp a£ th� H��e; � � `��"`---� <br /> .��,� . . <br /> ��}6--- '" - -... <br /> � -��.• tc) Tha perfosmance o� aJLJ. ��enauts and agsee- ` � = `- <br /> ��-, ,��t. �. <br /> ���`,��. iasnta of Horr�raer aet fostl1 hs�r.q�;:,:�and . ����-�.� <br /> �- �.,t�_ �' °-�- --. <br /> _ �"`�`�� td) All indebtedness aac� oh,'',�ations of Horrawter �Y , ;{� ° <br /> � ^.:•�-�+ to Lender �hettier dfrect, fns�se��, absolute or con- � � �r �� t.,� � <br /> Zu�,���, . �inqen� �and �rhether ar3�ing b�. nq±;te, guaranty, over- � - ` °r��-- -=- <br /> draf� er otherwise advare�ed. fd� t�te purpose of �ua.�ing � �'� �s �_ <br /> .�:j,._:. . <br /> �' '��� � ' • imgroveauents to the real .estat.e� t��3seinabove descri�+ed. .. � r -> ��`�;_•;' ��--- <br /> ��=::;,� � '� The Note, an8 any and a�]. oths�: documents that s�re :.;�:;���, � ' <br /> .�� �=r ; �- � the Note or oth�rwise execu'�d �i conaectf.on tt�erewith, `�•'";�Y:� .- <br /> ., i'�'I— r . —� <br /> � ` includangs wit2�out lim3.tat�aA,r ,;guarantees, �sec�ity � � .: � <br /> .�`- ��_`. - �qreean�ts.,and a�si�uaen�s o� I�ases and rents�..shall _ �'" �-- -.- . '� <br /> -- - � <br /> ------ - ------be refesred �o bereim as the ��i�Tns�nu¢ea�s.-°- -. - - - ,,.•.� <br />_ ' : . . , : , . ;;�,�_ <br /> �:�;�'� ��` '.'� � HoYrower, to protect ths ss���g� of t�i� Deed of Trust.. � '�� �" ,��- <br /> ,_ti�� ,� ,.4 _ ,,. .,. <br /> `',7���,; _ . • covenants and agrees with Lender as fo}�ows: . �. ;+_' . <br /> � �. .: .d .. : . ' -�_ `r <br />;_,_<<,_�'�„'�i.. ; � 1. Pa ent of Pr�nai a� an�t. Interest. Borr��er sh��T: ! �. R ,� <br /> �`��•w " � prompt�y pay when due the pr�naipab. o and interest on, and az��r . <br /> �. �s�. •..�. : €ees or charges p�ovided inp the Not�, or in tPt�.� Deed of Ts�st. _ ;���_ <br />-j-�^; -��-,- : . � .:r�- <br /> �.' . .` .� .. . <br />__ � � ,`.-;;�•L= � 2. Title. 8orrowes f.� �te or�ner of the Propcirty and �:_,,.�.,,� <br /> ___��. ,=? �,��:� , has the right and authasity to concre�� �he Property. � ;_ � -,���" <br /> ��r�.:�•• ' • _; ,M�`� `,;. <br /> 3. Ta�ces Assessm�A�s. Except when they are con- � � <br />"�"`����:.�:� � � tested in geod fa th, to pay w �n dne alI taxes, apecial assess- ` . . <br /> �_=�"°^ iuents and �ll other charges aqa;�s1� the Property and, upon � , � . .�. � <br /> i',:;:-��'-�9_— writtea deman8 by Lender, to pag tb,�Leader euch amount as raay be ��.'�.R:.� � � <br /> -- ��� � - sufficient �o enable the Lendes ta p�y such tasses, asaessments or . . . <br /> .�j��:-: ',, other.chazges as thep become due. .�� � - <br /> �.: . <br />�.W. :,,--s� ;' � , . <br /> . � 4. Insurance. At the begfnning of construction or , � <br /> -�`'°� renovatfon of u l�d� to k�ep �he Property insured aqainst . . <br />-�=�5�`"`��,��:�;��� damage by fire, hazards fnel�adgd �withia the term "all risk . �� <br /> Y`�i�Ja-�;i:':`-iF: p , <br /> _ :,:,,j,: : , coverage , and such other hazasda _ as Lender iaay reqnire, in . <br /> r����,�:� amaunts and with cempanies aacep��2e to Lender. 3.ncluding in <br />_ ..�,.,�� _ �tandard mortgagee clause wi�lt lc�r�e payalsle tv the Lender. . <br /> �`�:-�-;�+s:.•. :: case of loss under auch polici�s, .the Lender is authorized to <br /> z�:�� � <br />-';��r�q adjust, collect an8 compromi�e a�,l �claims thereunder and shall � <br /> �==�i,�� <br /> _�:�; have the optfon of applyinq a�l or part of tha 3nsurance proceeds . <br /> - -__.� (f) to any indebtedness secu�e8 hereby and f� such order as <br /> _=;�;i��,�r�_�.� Lender may determine, tii) to the� Borrower to be vsed for the <br /> ::�:�;��• sepafr or restoration of the PLOpdrty or �fii) for any other ; ' <br /> _';3 i..::�;_. , <br /> .-•a:���� purpose ar object satisfactdry tu Lender without affec�ing the <br />��T:�':::�� lien of tQiis Deed of TsaaE fas �8r$ full ameunti secured &ereby ; . <br /> -'==�� before rucb p�yatent ever tooh p3ace. Any application of proceeds f� � ' <br /> 4 �� �.�° to indebtedness sha2). not e�et�n�i o� postpone the due� date of any � � � <br /> .;;;;;F�m � �' � �o�ymea�o under tho NoLe, os cure any default thereunder or bere- �. - . <br /> �� i� � un��a�c. � � . . <br /> - --��:��. <br />-s"r:=���.:',.;`�.�: . .� „ <br />-; '-'� �"� • � 5. Mafntenance R� �s�rs and Coi liance with Laws. - <br /> -� -�'=-��"' Sorrower sh�ll eep tio FropQr�y, n qc,�zc! conc� tzo� aa repa rt ; ' . <br /> -� i����-��. <br />- _-:.....:,- shali promp�ly rep�3r or rop�a�e any 3JUprove�ent whiah may be �� �� <br /> ---"=�`�"��l damaged or destroyedt sh��l �mt� co�it ,or permit any wasle or � ' <br /> --�:c;_,-,.� <br /> - j` � � de�erioratfon of t&e �ropestyr� shall not remove, demolish or � <br /> .. �•�.,;�... <br /> . � -- , . substantially alter any o� tP�e� improvementa on the Pro�erty= i � � <br /> . ._.. , <br /> sh�ll. not coa�nft, sufger os pa�rmit any act �u be done fn or upon � <br /> ... ... <br /> ...__._..-_.• � � <br /> . s-----_ . ,- -- <br /> , ��--= <br /> .. � ' , -2- �� . ." . <br />:.. ..� �.. . t � <br /> . .�,�, � � . <br />- . • . - <br /> _ . <br />