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86-- -a 102779 <br />oar of <br />..., ®yand among .QtWyne__(j_aPfefleand Janice D. <br />Pfeifle., M sbartd and Wife Dannebrog ±_..N� __68822 <br />w esinp` use is tstr..0 _ •... -xra i 75A . €crtya <br />ihorein - Trustor"11; and r =&ink­af _0oni -_.. whose <br />.„ata� adoss tecrs� 1-12 R1► SL. tag �Xbai�han �. . — iatate and zips PIE Q 2 �m <br />t *n "TrtiNeo'7: and k m AFL II °. °�. °-. °nee, _. ° °. ° .. - °°. .. _,, whose mailing address is (street) ,__ � i?� ,Utti St. <br />(State and ZiOt w . _. ------ - z -, (herein "Beneficiary")._ <br />FOIE VALUABILE CONSIDERATION, Including the indebtedress identified here -r and the trust herein created, the receipt of which is hereby <br />Tn#Ww irrevoca0ly Wants, transfers. convoys. and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and secur- <br />fryrAd�ciary, under and subject to the terms and conditions of this Deed of Trust. the real property described as follows: <br />(See legal attached on back) <br />TOGETHER WI fonts, profits, royalties, income and other benefits derived from the real property; at <br />(eases or subleases covering the real <br />propafty or any thereof, now or hereafter existing of entered into, and all right, title and interest of Tnrstor thereunder: all interests. estate or <br />otter ataiins. t�ttnjbaui'and in equity, which Trustor now has or may hereafter acquire in the real property; all easements, rights -of -way, tene- <br />rnents, hareditaments'l � appurtenances thereof and thereto; all oil and gas rights and profits, water rights and water stock; all right, title and <br />interest of Trustor, now owned ar hereafter acquired. in and to any land Tying within the fight <br />interest of any st•eet or highway adjoining the rest <br />property, any and all buildings. fixtures. improvements, and appurtenances now or hereafter erected thereo+: or belonging thereto, !herein <br />reterrW to as ` Irnproverhent" Or Improvements"): and any and all awards made for the taking by eminent domain, or by any proceeding or pur• <br />chaao In list thereof, of the whole or any part of the real property. <br />All of the foregoing "tote, property and interest hereby conveyed to Trustee herein collectively referred to ab the "Property'. <br />THIS DEED OF TRUST SHALL SECURE' <br />(a) Ttj?j y !WJft,iadner►bntedr»ssevidenced by Trustor's note of oven date herewith in the princ +pie sum of �1X�y._ a_)LE Ifl4%LLS�IIC� -. <br />LAJ <br />Dollars (t_ enbJ,QQii - -. -4. - ;. together with interest at the rate or rates provided therein +Herein. together with any and all <br />renewals, modifications, and extensions thereof, referred to as the "Note") both principal and mteres ; afi the Nate being payable in accordance <br />with tte terms set for* therein, reference to whici' is hereby made. the final payment of principal £:std = nterest, €f Hat sooner paid and it no <br />renewsia, modifications or extensions are mde <br />a. due and payable on <br />(b) The performance of each agreement and covenant of Trustor herein contained; and <br />(c) The payment of any sum or sums of money with Interest thereon which may be hereafter paid of advancoo, under the terms of this Deed of <br />Trust. <br />(d) The payment of any future advances necessary to protect the security Or any future advance made at the option of the parties; and <br />(e) The performance of an obligation of any other person named in this Trust Deed to a beneficiary . <br />TO PROTECT THE SECURITY OF THIS GEED OF TRUST, TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS: <br />f, RgVelto t of hNroipal and tntereet. Trustor snail promptly pay when due the principal of and interest on the indebtedness evidenced by the <br />Now and all other charg"and fees as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of Trust <br />2, Waranlr of Tllla, Trustor is lawfully seized and possessed of good and Indefeasible title and estate to the Property hereby conveyed and has <br />the right to grant and convey the Property; the Property is free and clear of all liens and encumbrances except liens now of record; and Trustor <br />*NI lament and detafW the title to the Property against all cioima and demands. <br />3., lighophoo" OW Caw4*atim ti M Laws. Trustor shall keep the Property in good condition and repair and shall not commit waste or permit <br />imP,>rllrritAt or delerioration of the Property and shall comply with the provisions of any (ease if this Deed of Trust is on a leasehold. No improve <br />meat, now or hereafter erected upon the Property shall be altered, removed or demolished without the prior written consent of Beneficiary. Trustor <br />shalloo"Wy with all taws, ordtnanaes, regulations, covenants, conditions and restrictions affecting the Property and not commit, suffer, or per - <br />fnit any act to be don* in Or upon the Property in violation of any law. ordinance, regulation, covenant, condition or restriction. Trustor shall com- <br />plets Ot restore ptomptiy and In good workmanlike manner any improvement on the Property which may be damaged or destroyed and pay, when <br />diA, all claim( for labor performed and materials furnished therefore and for any alterations thereof. <br />4. blewsaW Trustot, at its expense, will maintain with Insurors approved by Beneficiary, insurance with respect to the Improvements and per- <br />sorsal;peoperty, constituting the Property, against loss by fire, lightning, tornado. and other perils and hazards covered by standard extended <br />covers" lrrdocsefnertt, in an am <sunt squat to at teas( one hundred percent of the toll replacement value thereof and insurance against such <br />ottieir;ttazartts and in such amounts as is custom0fily carried by owners and operators of similar properties or as Beneficiary may require for its <br />protietion. Trustor will comply with such other requirements as. Beneficiary may from time to time request for the protection by insurance of the <br />interests of Me,reapoctive parties, All insurance policies maintained put suant to this Deed of Trust shall name Tr -,slot and Beneficiary as in- <br />ll'ol <br />su as their respective interests may appear, and provide that there shall be no cancellation or modification without any less than 15 days <br />prjor,w• na-" notification to Trustee and Beneficiary. in the event any policy "founder is not renewed on of before 15 days prior to its expiration <br />4111111110, Tfustoe or Soneftiory may procure such insurance in accordance with the provisions of paragraph 7 hereof. Trustor shalt deliver to <br />s.rietiCiary tfi. original policies of insutance and renewals thereof or memo copies of such policies and renewals thereof. Failure to furnish <br />l ante by TrusiaK. or renewals as required hereunder shall. at the option of Beneficiary, constitute a default. <br />Tawfas A"011e tteMS, awl/ Ctla'Ms. Trustor shall pay all taxes, assessments and other charges, including, without limitation, fines and im• <br />poettltefi attributaM to ths, Pr+OWY, and I"llohoid payments of ground rents, it any. before the same becomes deliquent. Trustor shall promptly <br />furtfJltt:to Gor wftcdsrli all notices of amounts 4:k* under this Pat agraph, and in the event Trustor shall make payment directly, Trustor shall prompt- <br />ing turhhih- -_ttt. t)eftef ciaty !era ;pis evitfenC:ing such payments. Trustot shall pay all taxes and assessments which may be levied upon <br />diary,s thtwt� herein of upon this Deed of Trust without regard to any isw that may be enacted Imposing payment of the whole or any <br />part tlulreof upon the9anetic4uy. <br />