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<br />) i~31: .',
<br />J..{);:'~ . , ,,'.
<br />88--
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />II) Th. Plyment of indIbtId.... w~ced by Trunor'. now ot wen dati harewlth In thl principal IUm of
<br />--SEVENTY-FIVE '!HOUSAND AND NJ 100 ---,-------------------------------- DaUII"
<br />
<br />IS , . --- --..,-----), togethII' with lntlran at thl ratl ar ratl' provldld th.lln, Ihll'lIn, tOglth.
<br />with .."tV .nd III I'IMW.... madlflcltionl, and extlftllonl tharlOt. rehrrad ta I' thl "Notl"l both principal and
<br />IntIrIIC on thl Notl bIInt PIY- In eccordanc:e with thl term. ..t forth therlin, raflrlflClt ta which I. ~.ra!:ly
<br />nwII. the fin.. Plymlflt of princiPii n Intll'Ht, If not 1001\11' paid and If no renewal., modlflcatian. or ptenllan.
<br />.. mtdI, due n PlVlbll on APril ~6. 1990
<br />
<br />Ibl Thl perlofmInct of IICh tp'lIImIftt end ccwanlnc af Trunor h..ln contllntd; Ind
<br />
<br />10) Thl IlIYfMIIC of Ifty IUI'II or IUlN of monev with Inu"'" thereon which may be hllWfttr PlId or Idvanold
<br />under thl tInft. of "'II TN" 0IId.
<br />
<br />TO PROTECT THE SECURITY OF THIS TRUST DEED. TRUSTOR HEREQV COVENANTS AND
<br />AgREES AS fOLLOWS:
<br />
<br />1. hymant af Prlnc:lPtl and Intlmt. Trunar shall promptly pay when dul Chi prlnc:lpal af and lntlmt
<br />an th. ~ .1lIIncId by th. Noll. and III 13th. chlrgll Ind flel u provldld in thl Notl. and thl prlnc:lpal
<br />af and In__ an anv Fut\lra ActwIllCll MolUrtd by thll Trult DNd.
<br />
<br />2. WIlTIInty af Titl.. Trunor II IlW1ully ..Ized and pollllad af good and Ind.f...lbll titl. and estatl
<br />eo ml Proporty hll'lby COIIl/IYId and hel the right ta "rant and convey thl Praperty; thl Prapanv II fl1ll Ind ,:\lIr
<br />af ell II... and encumbr8nC:II "CIP' 11In. now of racord; .nd Trunar will _rrant and dtflnd ml tltl. ta thl
<br />Property IltIlnlt "I clalrm and dImIndL
<br />
<br />3. M&!ntanlftCll Ind ComDllanct With LawL Trunor ah.1I QeP thl Proparty In 900d rlPlir and conditlan
<br />and thIIll'iGC canwnlt ...... or pert'l\1t IlIIPIlrmtnt ar dltarlaratlon af thl Property Ind ahlll comply with th. pro.
<br />vl.1ont of lIlY .... If mil TNlIl DtId " on a 1ll11ho1d. No lmpravlment now ar hll'llftlr erac:ttd upon the Praperty
<br />Nil bI a1t1raC1. flllltllltd or dImoIlshed without thl prior wrl"1ft conllnt af elna'lcltrY. TNnar 111111 comply with
<br />IlIlawl, orcfmanc., fWlUlatlona, COWll'llnll. condition. Ind rlmiclla", IffllCtlllll thl Praparty .nd not commit, suff"
<br />131 permit II'IY IlCt eo be done In or upon thl Prapeny In vialatlan af .ny law, ordln.nc:I, ,..,Iatlon. CQlIlnlnt. con-
<br />dition or ralUlctlon. Trunar shill complttl or mta,. pramptly and In good workmanlikl maMlr Iny Improvllllant
<br />on ml PropartV which may ba datnlfId or dlnraytd and Ply. whlfl dua, III claim. far ltl)or parformld .l!d ma-
<br />tlrla" fumllhtd thlrafora and for any e1WIlIo", tharlOl.
<br />
<br />4. Inturanc:& TrultOl'. " III 'IIP11'!II. will maintain with Insuror. approved by Beneflcllry. !ntulanel with
<br />rnplCt eo 1M Impl(Jllamtntl and panontI property, c:onnltutlng the PrGPIrtV. allllnll lOll by tifl. lightning, tor.
<br />nado. tnd othtlr parllllfld haunh cov.red by ntndln:l Illllndtd COlI". endorsemant. in an amount lqual ta at
<br />.1IIt orw hundred PIfQInt af thl lull rapt,"",,"t vIlul th"lal Ind InlUrlllCI 19a1nst IUChath.. hanrd. and In Iuch
<br />amounts . II ounamarl1y carried by 0WnIf1 and OCItrltan 131 Ilmllar prapartl.. or u BIn.ficltry may rlqUirllar ill
<br />prottctlon. Trunor will COlI'lP>.... with tueh 13th. raqulrlmanllll BlI1Illclary may from elml ta tlml raquln far thl
<br />prouctlon by IftIU~ of the Int...... of thl rllPICtlvl panl,.. All InlUrlflCl pollcltt maintainod pursulnt ta thi.
<br />Trun o.i shall flIRlI Trustar tnd Itntflclary II jnwlld.. .. their r..PKtivl InUmtl may appur, Ind provldl
<br />that thII'I shill ba no CIl1ce1ll1lon or modlllcllian without no II" than 15 dlya priof wrlnannotiflcation ta TrustN
<br />tnd 8InIflciII'Y. In thl.ant any policy htrIundtr i. nat renlWld on or baforl 1& d'YI prior ta Itl Ixplfltian dltl.
<br />Truet. or ItnIflclll'Y may procurl Mh lnlll'anct In tcalrdlnc:1 with thl provlllal'll 01 parl9raph 7 h"lOt. Trustar
<br />shall del"'. eo Beneflcl..., thl orlglntl poIlcial af InsurlllCl Ind rlftlW.il th"lOf ar mll1la cap Its 131 IUch policitlls
<br />and rlftlWaI. thereof. Fallul'l to ru,nJstllUeh InSUrlnc. by Trunor, ar I'InIWIl. II raqujred h.lUnder sh.Il, It !hI
<br />option of Benlflcln. connltUtI . daf.,11.
<br />
<br />5, T..... AalllUllIflt' and Chlrgn, TNstal ,1'1111 Ply III taXIS. ISlIssmlftU Ind oth" chargn. includlll!!.
<br />without limitation, fil1lllnd impotitlonl luributabll ta th. Praperty, Ind leasehold Plyments ar ground rents, il
<br />lilY. "fon thl IIIIlI bIComl dtllnquant. Trustar 111.11 promptly furnilh to 8tnItic:lary all noticn 01 amounts dul
<br />undlr thlt SIll...... tncI in tM went TNltor shall malll pavmlllt dlrllCtly. Trultor tlullI promptly furnish ta
<br />BMlflcllfY rlCllpu wldtncInt tueh peymenu. Trustar sh.1l PlY III taXIS and IUlllfnll1ts which nta'/ bllevied upon
<br />BtnlflcllfY'l IntIfIIt htnin or upon Chi. Trult Olld without ragard ta Iny law thlt mlY bl enec:ttd Impollng
<br />pa'tfllant of thl whoI. or lIlY pan thll'IOf upon thl BaneflclllY.
<br />
<br />.. Additional Uan, end ProtllCtlon 01 Blnlficiary'l Stalrltv, Trultar shill I1IlIIkI III PlvmlftU af Int..t
<br />and princIPII .. Plvmlllll 01 ,"vot'*' d1traal, r.. Ind PPIl'IIII cCllltrac:tld ta be paletta any Mining III"
<br />hoIdIn or IlI'Ior bInIflefarllt undtl' any IlI'lor dlld af 'Nn ar moripgit blfara ,hi dill thlY 11'1 dlllInqulnt Ind
<br />IlI'cmpdv illY and dl"'", lilY end "loth" 11an., claims ar c:hIrglll which may IIOPlrdll1 the ncurltv grlntlCl
<br />hmIn. If TruftCr felle to ftllIklI any IUCh pavmant or falll to Plrfann IftY of thl Cll'llftlnU Ind Igfllmenll con.
<br />tIIntd In dill Trull 0tIi. or In anv prior mol1ll9l or dlld af tNn, or II Iny ICtl0n or procMdlnQ II eommanCld
<br />which "",,,lllly .ffac:u ItnIflclll'y', inmlSt In the Property. Includlllll, but nat IImltld to. .mlllllnt domlin pro.
<br />Clldhlll. 0' prCl:lllCllnlt Involvllll I dlc:tdtnt, ar II Trunor f.lIl to PlY Trunor'. debUglnlfllly .. thay blcoml du..
<br />than e.ntflolll'Y, at IlnaflcllfY" QC)tlon .nd wlthnut notlel to ar demlnd upon Trunar Ind without relellinll
<br />Ttusw from 1i\\I oblllltlon h.,,,,ndW. may make such 'lIP..Ilnc:... dlsINr.. luch sums IIld t.ke ..ch action II II
<br />nICtStII'Y to Ptot.lC1 B"'IIIcIIl'Y" lntll'lSt, includlnll. but nat llmited to. dllbUrllment of rUlon.ble attorney', teel,
<br />Plymant. purchlll, camlS' 0' OOI'l\ptomill 01 any llflwmbfance. ctIIrfI or 111ft. and entry upon Ihe PrDPl!I'tV to
<br />mab ,.1" In Ihll'tlftt that Tru.to, &hlll I,ll to procure ImUIlIIIel or to PlY tPII, 'ISlInmlnts. or .ny other
<br />
<br />Rt'I, 1184
<br />
<br />P"II' 2 01 e
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