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88105847
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88105847
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Last modified
3/9/2007 5:41:48 PM
Creation date
3/9/2007 4:42:53 AM
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DEEDS
Inst Number
88105847
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<br />88- 105847 <br /> <br />B. Performance, discharge of and compliance with every <br />obligations, covenant and agreement of Trustor incorporated by <br />reference or contained herein, or in the Assignment of Leases <br />and Rents or in any other security agreement or deed of trust at <br />any time given to secure any indebtedness hereby secured, or any <br />part thereof. <br /> <br />C. Payment of all fees and charges of Beneficiary, whether <br />or not set forth herein. <br /> <br />D. Payment of future advances necessary to protect such <br />property. <br /> <br />E. Payment of future advances to be made at the option of <br />Trustor and Beneficiary. <br /> <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR <br />COVENANTS: <br /> <br />1. Title: That it is lawfully seized and possessed of a <br />good and indefeasible title and estate to such property in fee <br />simple and will forever warrant and defend the title thereto <br />against the claims and demands of all persons whosoever, that <br />it will, at its expense, maintain and preserve the lien of this <br />Deed of Trust as a first and paramount lien upon such property. <br /> <br />2. Maintenance, To keep such property in good condition <br />and repair, to complete or restore promptly and in good and <br />workmanlike manner any building which may be constructed, <br />damaged or destroyed thereon and to pay, when due, all claims <br />for labor performed and materials furnished therefor and for any <br />alterations thereof I to comply with the provisions of <br />restrictions affecting such property; not to remove, demolish <br />or materially alter any building, or the character or use <br />thereof at any time thereon, not to drill or extract nor to <br />permit the drilling for or extraction of oil, gas or other <br />hydrocarbon substances or any mineral of any kind unless the <br />written consent of Beneficiary is first had and obtained, not <br />to commit or permit any waste thereof or any act upon such <br />property in violation of law; to do all other acts in a timely <br />and proper manner which from the character or use of such <br />property may be reasonably necessary to protect and preserve <br />said security, the specific enumerations herein not excluding <br />the general, <br /> <br />3. Construction of Improvements: To complete in good and <br />workmanlike manner any building or improvement or repair <br />relating thereto which may be begun on such property or <br />contemplated by the loan secured hereby, to pay when due all <br />costs and liabilities incurred therefor, and not to permit any <br />construction lien against such property. Trustor also agrees, <br />anything in this Deed of Trust to the contrary notwithstanding: <br /> <br />-3- <br />
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