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F 005456 DEED OF TRUST THIS DEED OF TRUST, made this .Z Zvi __ day of _ Q C ti Q = 19 by and among Tra_ r'k - T- r _ —whose mailing address is (Street) P.Q. 20=f 21 r (City) F(State and Zip) is: hr ; S' a _ (herein "Trustor'); and Lin J_ c r D• , r i oh n _ __— whose mailing address IelStrsetl.2• + rte^ ---- (City)__ron; —_ —__- (State and Zip) _--"—=- - n a^ (Horn,. "Trustee "); and Ba n1 , Of- DO ni Dh2:" _, whose mailing address is (Street) - ras ?OX R (City) ' OTa 2h8% _ (State and Zip)_!'_' = -ki (herein *'Beneficiary"). FOR VALUABLE CONSIDERATION, Including the indebtedness identified herein and the trust herein created, the receipt of which is hereby acknowledged, Trustor irrevocably grants, transfers, conveys, and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and secur- Ity of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real property described as follows: A TRACT T n T� nn ']� T _rr ALL CF T-1,17 i_.N i 1r �. Tv r1 ., q, r �1"AIT a �i: 4� rt "'IdT iT�1 i i ,f,i .7� t t -.n'f iiTL. T:1 17 iL_, � ;" �f t,.._...... if �r.i. i � . , � f TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the real property; all leases or subleases covering the real property or any portion thereof, now or hereafter existing or entered into, and all right, title and interest of Trustor thereunder: all interests, estate or other claims, botn in law and in equity, which Trustor now has or may hereafter acquire in the real property; all easements, rights -of -way, tene- ments, hereditaments and appurtenances thereof and thereto: all oil and gas rights and profits, water rights and water stock; all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land lying within the right -of -way of any st•eet or highway adjoining the real property, any and all buildings, fixtures. improvements, and appurtenances now or hereafter erected thereon; or belonging thereto. (herein rohrred to as "improvement" or Improvements "); and any and all awards made for the taking by eminent domain, or by any proceeding or pur- chase in lieu thereof, of the whole or any part of the real property. All of the foregoing estate, property and interest hereby conveyed to Trustee herein correctively referred to as the "Property'. THIS DEED OF TRUST SHALL SECURE: (s) The payment of indebtedness evidenced by Trustor's note of even date herewith in the principle sum of together with interest at the rate or rates provided therein. {herein, together with any and air Dollars (1.L .r renewals. modifications, and extensions thereof, referred to as the "Note') both principal and interest on the Note being payable in accordance with the terms set forth therein. reference to which is hereby made, . the final payment of principal and interest. if not sooner paid and if no renewals. modifications or extensions are made. due and payable on i _�__ -� * -__ __ ..' ; Ibl The performance of each agreement and covenant of Trustor herein contained; and Ic) The payment of any sum or sums of money wilh interest thereon which may be hereafter paid or advanced under the terms of this Deed of Trust. (d) Thepayment of any future advances necessary to protect the security or any future advance made at the option of the parties. and (e) The performance of an obligation of any other person named in this Trust Deed to a oenehciary. TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS: 1, Payiefenlel Principal and Intorsel. Trustor shall promptly pay when due the principal or and interest on the indebtedness evidenced by the Note, and of other changes and fees as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of Trust 4. Wafrranly of TRW Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property hereby conveyed and has the right to grant and convey the Property: the Property is free and clear of all loons and encumbrances except liens now of record: and Trustor will warrant and defend the title to the Property against all claims and demands 3. MaMMenance and Co noonce whh Laws. Trustor shalt keep the Property in good condition and repair and shall not commit waste or permit impairment or deterioration of the Property and shall comply with the provisions of any lease it this Deed of Trust is on a leasehold. No improve- ment, now of hereafter erected upon the Property snail be altered, removed or demolished without the prior written consent of Beneficiary Trustor shall comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the Property and not commit, suffer, or per- mit any act to be done in or upon the Property in violation of any low, ordinance, regulation, covenant. condition or restriction. Trustor shall com. pine or restore promptly and in good workmanlike manner any Improvement on the Properly which may be damaged or destroyed and pay, when due, all claim$ for labor performed and materials furnished therefore and for any alterations thereof. 4. t~anaa. Trustor, at Its expense, will maintain with insurors approved by Beneficiary, insurance with respect to the Improvements and per. sonal propMty, constituting the Property, against loss by fire, lightning, tornado. and other perils and hazards covered by standard extended coverage endorsement, in an amount equal to at least one hundred percent of the full replacement value thereof and insurance against such other hazards and in such amounts as is customarily carried by owners and operators of similar properties or as Beneficiary may require for its protection. Trustor will comply with such other requirements as Beneficiary may from time to time request for the protection by insurance of the interests of the respective partise. All insurance policies maintained pursuant to this Dead of Trust shall name Trustof and Beneficiary as in. autods, so their respective interests may appear, and provide trial there Shall be no cancellation or modification without any less than 15 days prior written notification to Trustee and Beneficiary In the event any policy hereunder is not renewed on or before 15 days prior to its expiration date, Trust" or Beneficiary may procure such Insurance in accordance with the provisions of paragraph 7 hereof. Trustor shelf deliver to Beneficiary the original policies of Insurance and renewals thereof or memo copies of such policies and renewals thereof. Failure to furnish such insurance by Trustor, or renewals as required nefeundef Shall. at the option of Beneficiary, constitute a default. S. Taaoe, Aseessorr4 il. and Charges. Trustor shall pay all taxes. assessments and other charges, including, without +imitation, lines and im portions altributabie to the Property, and Ieaeehold payments or ground rents. if any, before the same become deuquant. Trustor shall promptly turns" to Beneficiary all notices of amounts due under this paragraph, and in the event Ttuator shall make payment directly, Trustof shall prompt ly furnish to SaMhCfary receipts evidencing such payments. Trustor shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein of upon this Dead of Trust without regard to any law that may be enacted imposing payment of the whole or any part theaof upon the Beneficiary.