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86105687
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1986
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86105687
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Last modified
10/18/2011 7:07:32 PM
Creation date
3/31/2008 3:15:31 PM
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DEEDS
Inst Number
86105687
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ft. jUTrustot t* sod agrees sa follows: 86- 105687 <br />a. He will prosolaly pay the intlehlydnt•na enitleamed try said promissory hate at the times sad in the <br />mariner finer therein provided, <br />r i. He will pay Al tames, arewnrnly, water rater, and olber governmental or annwieipel dteep■, fittea or <br />Iteraiwiefoete. will deliver the ogieiai rte <br />ialow"imia, for WWA Provision hw net been made and ptompdy <br />titip" tberelor to the Beneficiary. <br />C. He WM pay ateh expenses and feet as may be imparred in the protection ash •aY my or � M� <br />ioeiodiag the fees of any attorney employed by the Semen fear doe eou"06r+af �! tK an of file <br />erty. <br />wdwes ftevelay secured. of aurh taproom and IV* as stay be incurred is any fowelmnn ask by tits <br />litigation or affecting said propsrtr, salt auwrwry: <br />Traafee. or court psoce."ings or in any noises, procreding <br />f" asaawnabty incurred in any Other way. <br />`z <br />it. Tito right* created by this conveyance shall remain in full force and elleet dariw4 any poKPwmememt <br />by as eo/w or wmy p� � wwwred <br />of the time of the payment of the indebtedness evidenced <br />or extension <br />b«aM• <br />r. He will continuously maintain hazard insurance of such type or types and in mock &tenants as the <br />on the improvements now or hereafter M now property. and will <br />Beneficiary may (rum time to tinge require, <br />WY promptly Mt1°` dot* any premiums therefor. Ali insurance "ball be carried in cowgmmi" aceeptwbk In <br />be held by Beneficiary and have ap� tigertew sass <br />Beneficiary and the poliriev and renewals Iherrof shall <br />favor in form areeptabie to the Beneficiary. in the event of lasa Its, <br />payable claw" in of and <br />immediate notice in writing to Beneficiary and Beneficiary may take proof of lam if net made p►ow�fyy by <br />directed to conks such <br />,t iagepai ego ma nimay ennrerned u hereby auilsorieed and psymen <br />Trus tor�� <br />Beneficiary jointly, and the inmramee proceeds. or any <br />New direetty to Beneficiary iswarad of ,Trustora.d <br />part thereof, may be applied bk Beneficiary at its option either to the reduction of the iwiebtednen hereby <br />of a Tnw&Ws sale or Oak" <br />secured or to the reow&6om or repair of site property damaged. In the event <br />indebtedness secured hereby all right, title, and <br />transfer of title to acid property io� extinguishment or the <br />the Trusto 6 end to Vey insurance policies then in force shall pass u tow optics et tbo Deweficiary <br />iwterms of <br />so the Fumigator or Semeficiary. <br />_s <br />J. He will keep Itie said prrmomem on ma j{NNt noire anti rwgdttoa at they ere riots and will net commit Or <br />rxrrlgled, sad in the even of the failure of theT <br />V <br />rrarotable wrar and trar <br />permit any w-10 thereof, or improvements thereon. m <br />keep Ike bandinge an maid premism and those to rrrctttl on maul ps,emian. P <br />it doom necessary <br />stay <br />re <br />good repair. the Beneficiary npay make such reps i» air on the Beneficiary's discretion <br />al t from � date of <br />all <br />&I opera" in the note, *hail he dce andayable so demand sad shall fnNyseeured by <br />for The � w <br />Payment <br />this Dowd of Taiga. <br />R. He will ace without the prior wrtten ti t.i the Brurfictary voluntarily create or permit to he <br />Deed Trust any lien or Herr inferior es, sparser t• the lien of <br />Dee o <br />jec ad <br />created against the property subject to this <br />this Decd of True and tuctbrr that ice wgdl keep and nomination the same free from the claim a( alt persons <br />cif any and all bWWiry taw being <br />eupplying labor of materials which will enter Into the construction <br />area" es, to be, eroded oa said premiees. <br />fl. He will mot rent or amsiga nay pars ut lice rest of said property or demadish, remove. or oubetamlially <br />3 <br />a , <br />sit" way building without tine wrown consent of the Beneficiary. <br />9. In the event theTiusiorfaib to pay nay Federal, Male, or coral tax assessment, income tax or other tax lien, <br />nhed, fire Beneficiary w hereby authorized t <br />rhsrgo. foe. or other expense charged to the property hrteinaboyr .hit <br />pry the smnta and any arm on paid by tie Beneficury shall be ggodiled to and become a pact of flu Principe( arnotgat of <br />discharge raced <br />The indebtedness evidenced Igv�' pr octal► sums and 1heT discharge shale an acs wd �' <br />by .aid pron"mrp mote, Ica! <br />resew of gasakiog, omfertw and executing this Deed of Trot, then, upon written request of <br />Beneficiary and the surrender of the Deed of Trust and the note to the Trustee, the <br />Trustee shall, after payment by Trustor of the Trustee's fees, reconvey the property <br />to the Trustor, or to the person or persons legally entitled thereto. <br />10. The Trustor covenants that he is lawfully seized and pars,ased of and has <br />the same is free from all encumbrances <br />the right to sell and convey said property; that <br />except liens and encumbrances now of record; and that he hereby binds himself and his <br />successors in interest to warrant and defend the title aforesaid thereto and every <br />part thereof against the lawful claims of all persons whosionever. <br />secured the Trustorupon the ro4� of ties /wmelicwry, it <br />Il. Far bwaer awearity of Ike iadsbtelwmas hereby ow .diitiws. +ng- <br />eava>�i y <br />syreeeMre or aaaippn, alean execute sad deliver a supplemental ator/pgage or anortgagas <br />or bolbwwmnst moio to the ,property beroiwmbove dMnbed and ail property nglriroi offer the der <br />prrmuasM4 <br />hereof (A is farm as"Wsdory to Crsruee). Fankermaoro. shamld rustortall w eon any Lfauit im the payment <br />also. described by this instrument. Truato9erelay agrees ao permit <br />of a prior at Warier encumbrance tan properly <br />Benwficiary so care aorh defoub, but Bearftciart is net obligated to do ss; and such advoa aka() booms Mct of <br />tir ipyjab5aabsras rarer z1 ivy this t+tmarum mi. mnbjoet to the soma terms good aseed tioaa <br />12. shat an awards of daanagas as comic tiom with may coodemaation for public one of or injury 10 any of Mad <br />be to Rees fieiary. wke may apply the same to ppayment of the twst■tlmen» <br />pr,ispaaty am ba►ab Mayoed and shall paid � �•fuator to dsrirle "std detivtr <br />Lost sloe gtaclrr said wets, and site Beneficiary w hereby autiwriwsd. is the sass, d tasC� <br />. <br />.sines argiskist►:xs thereof and to appeal from any such award <br />R <br />
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