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<br /> -� 80R THR pU[2POS& OH S�CITRiNQ:
<br /> a, paym�rtt of ir.debtednes� �x� the Ca�al principal tunousxk of 559,�Q�eD.00,
<br /> _- -�� wi,tl�� �rt'�ereat Ghorean, as ev�dence�d 3�r khat Certain Pcaniee�zy N T u taYS�vhicki ��_-
<br /> ' (�h� �"Note") v►fth a maturity data af Juna 1. 2025, executac3 by
<br />-v�:�.�,�'. has �ce ie hereby8made a ParC he eog�a d anY a�d allfmodif=icd��onshiextex�.�sione
<br />-:.�..�...�� refo
<br /> -- and renexale thereof, and�
<br /> b, peyment of ali aume ndvenced k�y Benefic�ery to �xoteet the Trus�
<br /> 8e►tnte, xith intArest thereon et the ra�ta of tKelve (ilir) per�ent per annwn•
<br /> --�"'� Thio Dead �� 7Crust, tha Note, end any other instrument give�ri to e�idaaeo � -
<br /> _��� v� s��t�wr �..��.re cha paymerit and per�orn�nce o! any obiiga►tion eecuYed hereby
<br /> Ju -.. are r�fCessod co colle�t•1v91y A� the "LOdn znserumente��. ___
<br /> --_ TO PR.OTSCT THB F38CC113ITY OB THID nBBQ OH TR�IJBT�
<br /> -_ - i. DnYlsBNT_4��rIiZB�}TSDNB33�. Truetor�a sha�ll psy Mhen tlue �he principal o�,
<br /> - and the intareat fln, the inaebtednaoe e�+.c:o.��au yy� ��= *'•'�t�� ^�'"-rQ"g; Peee anA __
<br /> "' ali oxrier eume ae provided in the L�aui ia�tiruments.
<br /> �_- 2 Rgpi, ggT�Tg Tmts�,_ 1YUetore ehe►11 pay the annuai real eetate taxee to
<br /> -- -== �A �rwi� county Traaeuror before the tnxee becane delinctuent an„oha�lY �in1the
<br /> -- — tax receipta to Beneficf.ary on or baxore riay i and So�,Zar�..�� ���-- +----' _
<br /> ovant that epecial aeeeeements are leviod againet the proparty, the Truetore —
<br /> -="=•--�� ehell mnke the annual paymente bafor9 tho ear�e become deliaquent and provide
<br />--��.�r���� Seneficiary with a xeceipt for payment.
<br />--==�;;;;�;;;�� 3 �ennz�N�g ANn RSPAxR�,, Upon c�.oeing, Truetore shall provide
<br /> _4_��„`�� Beneficiasy aith a CertiPicate of insuacuice shoxing the building or buildiage on
<br /> �_+�a�,�,;;,- the premises. to be ineured for fire and extended caverage in an emoun� of at
<br /> +. ieast $60,000.00. Trustors ehall a the remium� for maintaining r�uch poli.cy
<br /> �ae
<br />`�'����-• and ehall provide Seneficiary v+it ovidence of ineurance premium paymente each �
<br /> `"'`-'`�"'�!`'`�- ysar. Such ineuranco poiicy ehall contain a standard mortgago clause in favor �,
<br /> :-;��;� � of Seno�iciary and ahall not be cancelable, terminable, or modiEiable without �'
<br /> ' ����_� thirty (30) daye prior written natico L•o Beneficfargr. Trustore ehall promptly e -_
<br /> - .ilSZ-R4,�'� -.
<br /> �l g�z,. .. ., repair, maintain end replace the Truet Sstate or any part thereo£ so thar., except t ^.
<br /> =-_,,��;�fi•,�.'; £or or8inary wear an d t e a r, t h e T r u s t $e t a t e shall not detariorate. ln no event � i y,
<br /> ' --� t aj �,.: ahnll the T�ruetors commit waste on or to the Trust Bstate. � �:
<br /> - � �u} ;
<br /> �'-="'�� �• In addirion to caeualty insurance, Trustore ahull provide and pay tho _.•
<br />������.�;x�•. :^„
<br />.;;,�..,,,�.� premiuma oa co�nprehensive general liability ineura�nce covering the premieee asid :;}*
<br /> _, protecting the Beneficiary and Truetore from a11 ciaime, demnride, laweuite, and
<br /> ��.:;. judgmente arising out of injury te persone or dumaga to property occurring on
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<br /> � = .,-•• � each property. The coverage ehall bo in an amount �f at ieaet S50Q,000.00 eingle �'
<br />-, „ 11mit, 51,000,000 aggregate for bodily injury and property damage. The liability �.�
<br /> ,���. � �.� iaeurance arid caeualty in�urance may be procured in a eiagle policy or may be
<br /> • . . ..,.-� obtained in eeparate policiee. in any event, euch paltcy or policlea shall aame
<br /> � '� ��"� SoneEicic�zy aA an additional insured, and Benoficiary shall be provided with a
<br /> .�,
<br />-- � � • •``:-�' Certiiicate oE Inauranco or duplicate copy containing a thirty (30) day
<br /> ' •�� � cancellation notice to Beneficiary, showing the insurt�nce to be in full £orce and
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<br /> effect at all times during the term of thie Deed of Truet.
<br /> �' q, �►CTION3 AFL�BCTIN(3 TRU$T figT.ATE. Txuetors ehrill appear in a►nd conteot
<br /> � � , any action or proceeding purpoxting to a£fect the security hereof or the rights
<br /> or powers o£ IIeneficiazy or Trusteo, and shall pay all coste and exponaes,
<br /> �� � including coet of evidence of title anci attornay'8 feee, in any euch action or
<br /> „�� � ' � proceeding in which Beneficiary or Truateo may appear. Should Trustore fail to
<br /> ' mako any paymont or to do any act as and i.n the manner provided ia any of the
<br /> r Loan Inotrumente, Benefiaiary and/or Tru�tee, each in ite ovm disCretion, without
<br /> ?r obligntion, may make or do the eame in euch manner and to such extent ae oithor `
<br /> • ��•� may deem nocAesary to protect tha oecurity hereoE. Truetore sh�ll, i.mmediately
<br /> _�:�; „ upon demand thorefoz by Seneficiary, gay all coeta and expensee incurrod by i
<br /> __ri_��..... �.� �.�nnnrt�ev� mith the eXeYC18Q }�y S@rie£1CiflLy Of the forogoing i,s
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<br /> '� .•- righte, including, without limitatioa, costs oF evidence or ticie, courc coc,�o, �
<br /> � appraidals, survay� and attorney'a fees. Any such coAte and expenses not paid I
<br /> ' '�, within ten (10) daya oE written demand shall draw in�ereet at the default rate I
<br /> p',., pzovided in the Note.
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<br /> '���' ' • 5. EMINENT DOMAxN._ Should the Truat Sstate, or any part thereof or ;
<br /> interest therein, be Caken or damaged by raaeon of any public improvement or �
<br /> ,�:'• � condomnation proceedi.ng, or in any other manner including deed in 11eu of �
<br /> �' Cor�flemnation ("Condemnation") , or ehould Truetore receive any notice or other �
<br /> '.� ' informatian regarding euch procoeding, Truetore ehall give prompt written notice
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