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87104833
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87104833
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Last modified
10/19/2011 11:23:12 AM
Creation date
3/27/2008 2:41:55 PM
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DEEDS
Inst Number
87104833
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d The True to ants and agrees as follows: 87- 1 Q 4 8 `,7 3 <br />a. He wiN promptly pay Iles iadabtmdesas evioleaced by said p ossiuory now at the tiaras and in the <br />mm w *"*(a provided. <br />fi He will pay all leash l% water rata, and other governmental or smaleipal abargeo, 406% or <br />(ma' whist prevuion, has tat bass made herelabefors, and will prarmpdy deliver tba ofaial M <br />tpip" smeller to the <br />C. He will pay amd, ospenw and fees as may be incurred in the protection std maimsenum of "W <br />JIM Y. ieel Wo the fees of any altorauy employed by the Beneficiary for the oWWaiow of any or ON of the <br />lads athtan hereby secured, or such expenses and fees as may be incurred in My ferembaure ale by the <br />1%gailu. a eawt proogedimp or Many other ktigarho or proommoling efiNtiag said propetty, mud atMraeye' <br />tees weseasNy imearred is say od w way. <br />J. The rights created by this conveyance stall remain in full force and of act during any poNpemetaset <br />or .mansion of the time of glee poyment of the indebtedass ovidenced by said rats or any PM thgesof assured <br />� heady. <br />e. He will continuously maintain bossed insurance of such type or types and in such &wean% as $be <br />nNeAwsry racy from time to time require, on the improvements now or berw(Nr as maid property, "a will <br />pay peeteptly when due any premiums therefor. All insurance shall be carried in sampatiss acceptable to <br />Nensiriery ed the pelieia and renewals thereof shall be held by ueneficiary and have atteelled thereto lees <br />payable elewses in favor of and in form acceptable to the Beneficiary. in the event of lon7ruator will give <br />notloe tat writing to Rigurftciary and Beneficiary may make proof of loss it wet seado prosptly by <br />Truest -- _task 4nar +tea eeslrony concerned is hereby authorised and directed to teake payment for web <br />lees instead of IeTr.ustorand Beneficiary iointly, and the issurasee prom -dat or any <br />. ... <br />pan*. may be applied by Beneficiary at its option either to the reduction of the indebtedness hereby <br />eaeMd or to the restoration or nAir of the property damaged. Is, the event of a TrusaWs ale or other <br />gream&r of title to void properly in extinguishment of the indebtedness secured hereby. all right, title. and <br />islaess of the Trus totem and to try insurance policies than is fares shall pass at &less option, of the Smalksiary <br />to Ilse pursbasor ass Bawafieiary. <br />ce <br />�. Ho will keep the mid pWasne' in as good order and condition as they are new and will not commit or <br />in of the failure a► shoTLURtotto <br />permit any tease dwred, reasonable wear and sear excepted, and the event <br />keep the buildings on Mid premises and these to be erecled an said ptwatlsas, Of impevamwanm tberwel, in <br />Mod repair. the Beneficiary may make web repairs as in the Beneficiary's daerstron it may deem mm""ry <br />, -... <br />far the peeper preservation thereof. and any some paid for such repairs stall bear lot~ ftww the date of <br />paymeet as the rata specified is the note. 61011 be due sd payable ere demad and abaN !» hMy ate ttrad by <br />Ibis Dead of Tryst. <br />g. He will not without the prior written consent of the Beneficiary voluntarily create or permit to be <br />lion liens i0fariar or superior re the lies et <br />created against the property wbjeet to this Deed of Trust any or <br />this Dead of Treat and farther that he will keep and maintain the sets (roe from the claim of all persons <br />supplyisg labor at materials which will enter into the construction of any and all Widiegs sew being <br />wooed or to be aeecod ea acid premit- <br />L He will wet rent of asaigo any part of the rent of said property or dea olisb. teomove, or substantially <br />g1Nr cry bmiliisg witbeut the written wmswt of the Beneficiary. <br />9, in an *rant tMTruatWCfada to pay any Federal. state. or local tax assessment. income taw or other tax fins. <br />shags. fie. ass seer sapeww charged w the property hereisabove described. the R~Gciwy is hereby authorized to <br />pay do moms read coy ease ere Mid by Ibe Beneficiary shall be added U- and become a part of the prise4W alowagat of <br />do' . j - , - . ev—, - . I by said preeninory note. if theTrumtorsholl pay and discharge the admNadass evidenced <br />by maid Preliminary note, old shall pay such berm and shall discharge all tam and Naas wad dto eoats, fins, and <br />capes of authiag, mahoma& and axsautiag this Deed a( Trost. then. upon written request of <br />Seseticiary aid the surrander of the Heed of Trust and the note to the Trustee, the <br />Trusts stall, after payment by Trustor of the Trustee's fees, reoonvey the property to <br />the Trustor, or to the person or persons legally antitled thereto. <br />10. The Trustor covenants that he is lawfully seized and possessed of and has the right <br />to sell and convey said property; that the same is free from all encumbrances except liens <br />and gracuotibragoctuo now of record; and that he hereby binds himself and his successors in intereat <br />to warrant and defend the title aforesaid thereto and every part thereof against the lawful <br />claias of all pers -rtes whomsoever. <br />U. fltr bsNst mou ity of On " btmaby secured. thaTrustor upan the rotptast of the Beneficiary, <br />its magoosastn or anipm, AM rseerwo era! "vex► • supplemental moreMge or mortgages caysriwg any addition. <br />iatplwesssalN or bnommemat made !o Ilse property herriwsbove described and all property acquired after the date <br />bless/ (A be tars NoWmegy l0 Graatse). Furibenwwe. aI jiTLustorpes to ewe any defiult is the payment <br />of a polar or "via sorumbramm on the property described by this instwv,rt,Trustorbrrby agreesm to permit <br />M awe wsh g1rhuh. but Brarfiriery is not abbMted to do an. and such advtmratt shall homages pat of <br />is bdirl basing unwed by dtis ' mmummoo, subject to the same terms aril <br />ML 'Nall all awards of damson is Comomista with any Condemnation for pubHe era of or injury to eery of said <br />proorm we and shill be Fell to Benefirialv, whe may apply the same to popme a of the lestallm"n <br />hN ills solder said and On Momellotery is hereby oushernaC in tks rose el sea Trgatur tgosenr std dsfiva <br />WON . sod se appeal team any such award. <br />
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