My WebLink
|
Help
|
About
|
Sign Out
Browse
85005951
LFImages
>
Deeds
>
Deeds By Year
>
1985
>
85005951
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/18/2011 3:55:34 AM
Creation date
4/1/2008 5:27:24 PM
Metadata
Fields
Template:
DEEDS
Inst Number
85005951
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
7
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
85._. 005951. <br />is situated, shall be conclusive proof of property <br />appointment of the successor Trustee. The foregoing <br />power of substitution and the procedure shall not be <br />exclusive of the power and procedure provided for by law <br />for the substitution of a Trustee in the place of the <br />Trustee named herein. <br />F. Trustor covenants and agrees that upon any conveyance, <br />assignment or transfer of his interest in the premises <br />during the term of the loan secured hereby, the <br />Beneficiary shall have the option of declaring the <br />unpaid balance immediately due and payable, and if said <br />sum remains unpaid for thirty (30) days there- <br />after, Beneficiary can cause Notice of Default to be <br />given and the premises to be sold as provided herein. <br />G. As additional and collateral security for the loan and <br />effective forthwith upon filing of a Notice of Default, <br />this instrument shall serve as an assignment by the <br />Trustor to the Trustee of all rents and revenues result- <br />ing from the property, and Trustee is authorized to take <br />possession of the property, rent or lease the same on <br />terms he deems best and to collect the rents and <br />revenues and apply the same upon unpaid interest, <br />principal, taxes or insurance premiums or for mainten- <br />ance and preservation of the premises. <br />E. Upon request of Trustor, Beneficiary, at Beneficiary's <br />option, prior to full reconveyance of the property by <br />Trustee to Trustor, may make future advances to Trustor. <br />Such future advances, with interest thereon, shall be <br />secured by this Deed of Trust when evidenced by promis- <br />sory notes stating that said notes are secured hereby. <br />At no time shall the principal amount of indebtedness <br />secured by this Deed of Trust, not including sums ad- <br />vanced in accordance herewith to protect the security of <br />this Deed of Trust, exceed the original amount of the <br />Note plus US $00.00. <br />I. The waiver by Trustee or Beneficiary of any default of <br />any default of Trustor under this Trust Deed shall not <br />be or be deemed to be a waiver of anv other or similar <br />defaults subsequently occurring. <br />J. The designation "Trustor" herein shall extend to and <br />apply to the undersigned, singular or plural, and the <br />covenants and agreements of the Trustor herein shall be <br />binding upon his heirs, devisees, executors, adminis- <br />-5- <br />L � <br />
The URL can be used to link to this page
Your browser does not support the video tag.