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85- 005860
<br />1. Payment of indebtedness. To pay when due, the principal
<br />of, and the interest on, the indebtedness evidenced by the note,
<br />charges, fees and all other sums as provided in the loan instru-
<br />ments.
<br />2. Title. Trustor is the owner of the property and has
<br />the right and authority to execute this Deed of Trust in respect
<br />to the property.
<br />3. Taxes and Assessments. To pay, when clue, all taxes,
<br />special assessments and all other charges against the property,
<br />before the same become delinquent, and, in the event Beneficiary
<br />shall so require, to add to the payments required under the note
<br />secured hereby, such amount as may he sufficient to enable
<br />Beneficiary to pay such taxes, assessments or other charges as
<br />they become due.
<br />4. Tnsurance. To keep th, improvements now or hereafter
<br />located the real estate described herein insured against
<br />damage by fire and such other hazards as Beneficiary may require,
<br />in amounts and companies acceptable ,-o Beneficiary:, and with loss
<br />payable to Beneficiary. in case of loss under such popsies,
<br />Beneficiary is authorized to "Ostr collect and compromise, it
<br />its discretion, all claims thereunder anC, at its sole option, is
<br />authorized to either apply the proceeds to the- restoration of the
<br />property or upon the indebtedness secured hereby, but payment,
<br />required by the note shall continue until the sums :sec-,:red hereN,
<br />are paid in full.
<br />:. Repair, Maintenance and Use. To promptly rEpai r
<br />restore or rebuild any buildings or ire. ^rovc,ments now or ;-teroafter
<br />on the property; to keep the nropertv in good condition and
<br />repair, without waste and free from mechanirE nr other liens not
<br />expressly subordinated to the lien hereof; to
<br />permit any nuisance to Pxi.st nor to diminis.: e ,- impair the value
<br />t, � 1
<br />of the property, by any' act or omission to act; an,-.3 t-r ,ompiy' flit!:
<br />all requirements of jaw with _. sheet 01 Hm prnperty.
<br />6. Cordemnation-. Tn thQ even • property, or any par-,-
<br />thereof, shall be taken hy eminent domain, , 9or . iri ary is cn _t tE'C
<br />to collect ani receive aY c mpC'.,s,men i4:__C11 mat' 1'f' i , n
<br />t;
<br />properttakon or for l manes _ op -rt,, r„_ �n a (4 'RE -rr- n. = i-
<br />ary shall ar»?', such onm yen sa _on, at 4nn optinn, either to
<br />reduction nT the _ndebti_ rie F ; - ;e t
<br />� - _ e -. _ e � ' 7 *- .Z ni Cl
<br />restore the ';rrp�'.rt�, S: :c taken.
<br />• rr r b 5f rt )C V ,3 �. ci i hl
<br />have no 01 -a- .1 _`r. ."l, do an v V__Ihijh Truptnf has ,.C" "f.�i -C7
<br />failed to do, and Uenefir ary may algo w „ry Par it a _�
<br />necessary to protort the lien h cof , :`r a -tnr a nrcp c; � repay,
<br />upon demand, ...:n'- .sum so C ,%en Vic' b`, iene Irian cn.: above
<br />purposes, and any
<br />sum 0 r f=•Ilded .' F ;Fg i lar 11.3 ' h) ( .e
<br />to the indebtodn ess .,eccurecd •he_reb and 1-: 3c ome s �'u rW in .,ie
<br />hereof. Ppneflci ary .shall roe incur iny pnryonay ab i tv
<br />because of anything it may do rr omit .. • coo here u,,•-it „_.
<br />8. Assi.(- ,r.m'nt of Rents. i�E'nEtl r'_F•'. 'nal.l. ha C' � })” ter l-: +-
<br />T)04:Gr
<br />and authnri -ry dri a the contint.z ncc of th_,.: i.eod oF Truot
<br />to collect the rents, issues, and profits of the property and n;
<br />any personal pr.nperty locates] therran w h: or without tnkinq
<br />possession of the property affected hereby, and - rustor here P,,
<br />rthROIULel.y and unconditionally Eign.,, all. r,U h reI f 'uUeo and
<br />profits to Rene iciary. Bene iviarv, hrwever, hC.'"On, i "nsenys
<br />Trustor's collerf_i.on and retention nr nurh rents, issues an(!
<br />profits is as they accrue and become payahl c , q0 ' Ay, 9T,, t,,
<br />c,t
<br />not., at such , "!me, in default with I r. spert to '?atim_nt of ,.
<br />L � nriebtedne (rl ( u reh7ti , or in he 1,('z +n
<br />7 77,
<br />-. > n •�ghn,lt C t.:t, r, F_7 ft t- r?. c.c:; it 111%. <1.. ; hf. ,:l W-nn'tul fl
<br />respp..e. t this Deal of Tr,t 1
<br />..
<br />•�n',rc1 t.rai .,
<br />the 7alno ,,{ <t .,t
<br />, u,t,: +.,
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