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86106665
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86106665
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Last modified
10/18/2011 9:09:46 PM
Creation date
3/31/2008 3:32:47 PM
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DEEDS
Inst Number
86106665
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rustotw...ts and swans w fellows: �R"'J.QV{7LifV <br />fie will pramplly pay der. iml.•la:dnrss csi+lenrsei by Said prom+iaary note at the times sod in the <br />rdista t provided. <br />He will pay all lazes, rraeaalnemtr, water rates, and other governmental or mmli$ipsl charges, roes w <br />lions, for wh" proviaiwn has no' been nutde heninbefore, and will promptly dAvsr Ike Wkiol ro- <br />therefor to Ike 9ewefteiary. <br />He will pay oath ezpeowe and frea as may be incurred in the protection amt• seswmame of acid <br />1y. iwektdi�t'the feel ei any attorney employed by the Beneficiary for the eeU$dWe d any or all of the <br />edoraa hereby Secured, of such exprnsea and Errs as may be incurred in any falenlsarrs MIt by Ihs' <br />N or court ptuceediap or in any ssih.'r titillation or proceeding affecting aid property, sari allereeys' <br />w abf>; incurred in any other way. <br />d. The rights created by this conveyance shall remain in full force end affect during any postponement <br />e:e ci eation of tin time of the payment of the indebtedness evidenced by mid hots or any pert thered secured <br />hereby - <br />e. will continuously maintain hazard insuraoce of such type or types end in weh annuals as the <br />Beaefteiary may from time to time require, on the improvements now or hereafter on asid property, and will <br />pay prampdy when due any premium therefor. All insurance dull be carried in eompaoim meeptable to <br />Bamieiary sea the policies and rmsewalo thereof dsall be held by Benefciary end have siTtateIt theme loss <br />payable ebussee its favor of and iw form reeeplable. Io the Beneficiary. In the event of hiss. M <br />isamsdow police in writing to Beneficiary and Beneficiary may make proof of his it not mode promptly by <br />Trus%:Or,nA each inearonce company concerned is hereby authorized and directed to make payment for Such <br />kw directly to Beneficiary instead of t,Tcustora„d Beneficiary jointly. and the iesurasee proceeds, or any <br />part thereof, may be applied 4 Beneficiary at its option either to the reduction of the iwdebtodaase hereby <br />seeurad Or to the restoration or repair of the property damaged. In the event of a Trustee's ale or other <br />trswsfer of title to said property iR extinguishment at the indebtedness seemed hereby, all right, title, and <br />interest at the Taus to In and to lay insurance policies then in force shall pass a lie opuew of tba Beneficiary <br />M the Pankow or Berefciary. \ <br />I. He will keep Rile mill premises O+ as good Order and cuudition a they are now and will not commit ,u <br />permit soy wants thereof. Reaswuble wear and trar rzerpte+l, and in he event of tier failure of lbarus <br />keep the buildings an said premises and those to he erected all said premises, or imprevements thereon, in <br />goad`•npoir, the Beneficiary tytay make ouch repairs as in the Beneficiary's discretion it may deem necessary <br />for the proper preservation thereof. and any Sums paid for such repair shall bear into"" from the date of <br />poywehl at the rota specified in the note, shall be due and payable on demood and shall be fully secured by <br />this Deed at Truss. <br />d. He will not without the prior written consent of the Beneficiary voluntarily treats or permit to be <br />created opi im the property Subject to this feed of Trust any lien or liewa inferior or superior to the lien Of <br />this Deed of Trust and further that he will keep and maintain the ante free from the claim of all persons <br />aupplyieg labor or materials which will enter into the construction of any sod all buildings now being <br />•toets2 or to be erected on aid premises. <br />It. He will trot rent Or assign any part of the rent of said property or demolish, removel or substantially <br />oker soy briidiog without tie written canoeist of tlee Beneficiary. <br />9. xis the event theTtustorfsils to pay any Federal. state, or local tax assessment, income tax or other tax lien, <br />charpoll fee, or other azpSatse charged to the property hereinabove alea•ribed. the Beneficiary is hereby authorised to <br />lsey list giants Said any man so paid by tie Beneficiary shall be added to and became a part of efts principal amount Of <br />rile insfebledeeoeevidenced by aid promissory vole. if theTrustorshallgeay and discharge tM iuiebtadawevidrnecd <br />by arid'pnwriwrr wore, and shall pry such oana and shall discharge all tasea and flaws anti Ike eeM6 fads. anJ ex- <br />M1eI of tmakimg. ewforeiog ,red executing this Deed of Trout, ' 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 possessed of and has <br />the right to sell and convey said property; that the same is free from all encumbrances <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 />pare thereof against the lawful claims of all persons whos!never. <br />"cared the Trustory the oast of flee Bswefieiary, its <br />i1. Fat Wier rseurply of the iwdsblednas hereby !M aw additions. im• <br />sreeuws er 40406. doll execute ottd deliver a supplemic o) wtorlgsRge ae all slower lag y snot ohm date <br />IsreaaasaK as Warsasasa made to the property horeinsbove ova all properly se lrsd <br />IMrost_ Rah io,firtw snistsetery w Cr.wtwl• Fartfunwoee..luwld t ustorfail to swot any dsfwk in the ltgweat <br />of a pnor K inferior rr+cumbraa.•-r. on list properly drarrihalf by lids ia»Iruuelml. TruAtPtbortsby agrees to permit <br />ItenefAS" is core oath default. but Besefciary K pat abligniod to do w; and oath adveoaes shall besama part of <br />III@ , 6404"almosi assured by thb_ sortri meet, swbjeet to the acted sera a" sooditisoa. <br />111. That an award of damages in "lassetttia► with any eowdeiwwalian for pwblk so of or in)ury to say of Said <br />properly Kra harrospy a- * a" Shan he pail to Boweffeiory, who Wray apply the la ymewe of the installments <br />fibs dire steidsr said sate, road the. Neeeieizry S hereby <br />authorized. in the grand of rug to,r to ale sad deliver <br />v•tq.i att,isell", sl thereat and to appeal from any wA award. <br />
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