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<br />- "~.y
<br />' FOR THE':P4fRP45E OF SEt:tJRtNG: 52.,.ar C~fi 11 S 4
<br />s? ia). T}te paymentof;ndebtedness.evidencedby Trestorrs note of even .date herewith in the principal. sumof
<br />one hundred thou attd-dallaa-s Dollars
<br />SS }.OO,000.pO j, together with irterest at rha rate or rates provided therein; (herein."Note°)
<br />and any and all renewais.:nodifi'cations and-extensions of such Note; both principal andirtterest an tlta Note being...
<br />yayable in accordance wick the tisrms-set forty ihcrein, reference to which is hereby made, the final payment of
<br />principal and interest, if rtot sooner paid; due and payatate on as per note dated. same.
<br />jbi 'he>p~rformancc of each agreemeniand covenant of Trustor herein contained; and
<br />. (c} l'he:payrnentofany rumor sumsof money with interest thereon which may be hereafter paid or advanced
<br />under the terms of this peed of Trust.
<br />TO'PftQ3EGT THE SECURITY OF TH45 DEED OF TRUST, TRUSTOR HEREBY COVENANTS ANp
<br />AGREES AS FOtIOWS:
<br />- }. Payment of t'ririci-#al: end+ttrtetest.-Trustor shad promptly pay when due the principal of and interest
<br />on the indebtedness evidenced by t;te Note, and alt other charges and'leei ~ provided in the Note; and the principal
<br />of and irtitereszon ar.Y Future Advances secured by this Deed of Trust.
<br />2. Warranty of Tiite. Tutstor ;s ia;ufuify seized and possessed of goad and indefeasible title and estate
<br />to ttte Procerty hereby wor>>:eya1 and has the right to gra.^.t and survey the Property:?hc Props CY is free and clear
<br />of all liens std encumbrances except ?lens now of record; and Trustor wilt warrant and defend the 2itte to the
<br />Pro#crtYagainst alt claims and demands.
<br />3. ftialntenanee and Campira ce'vYzth Laves. i.:JStor shall keep the Props=*.y in gaod repair and. conditian
<br />and'sAalt not commit ,.vests ar permit impairment or deterioration of tfte Property and shall comply withthepro-
<br />visons- oz any feazrt if this Seed o; T=use is on a leasehold.. Na improvement now or hereafter'erected upon the
<br />Property shat{ be .altered removed or demolished without the prior written consena of Beneficiary.. Trustnr shall
<br />comply with ati Paws; ordinances, regulations, covenant, conditions and resirterians affecting the Property and not
<br />~mmrt,.. su€fer or permit any ac; ao be done in ar upon th>. Praoerty in violation of any law; ordinance, regulation,
<br />covenant, condition or restrvcr'cn. Truster shalt complete nr restore promptly and ;n good workmanlike manner
<br />a»y mpKJVamsnt on the Property :vhish may be damaged or >,aestrayed and pay, tt°h?n dun, aF6 claims for lobar
<br />performcdand rneteviats furnished ttterefora and for any at;erations iherroF,
<br />A, insurance.. Tn,stor, at ?.ts expense, wilt rrrainlain with insurors approved try aencfioiarv, ;nsurar;ce with
<br />rexpecs is ttte 1mProvements atd rarsonai vaPrtrty, constituting the Property, against +ass 5y fire, iighming, for
<br />n~o, and other perils and. hazards covered 5y standard extended coverage endorsement, in an amount epual to at
<br />Feast one: hundred percent of tfte full replacement value thert~of and insurance against such other hazards and m such
<br />amounts as is customaraiy carried by owners artd operators of similar properties or as Beneficiary meV rerauira for lu
<br />protection. Trustorwilt tomtriy •wiCh such other requirements as BenetiriarymaY from lima to. lima racuest for the
<br />pfatectson by Insurance of the interests of tF:a rtrspt^ctioc parries. Alt rnwrance policies maintained pursuant to this
<br />Decd of Trust s:~vadi ;name Tractor and $eiteficiary a: insureds, ar.heir respective interests may appear, and provide
<br />chat. there shalt 5e +w careca;ia«+on ar modification without na Fcss than i 5 days prior written notification to Trusxce
<br />and beneficiary. fn LFt& event. any ~tity herrtursder is not renewed on Cif before 7 5 clays pn Cr to pis expire ti0rl dais,
<br />Trustee or 6cnef%aary inlay ttrocura such irssurante <n accordance wiGt the provisions of Paragraph 3 ftereof. Truster ",,
<br />shalidefgtier W Beneficiary the arigrnal :po8ictas of ry,urance and renewals thereof or memo co#iesof such posicFes
<br />arx4 zer;ewats ttterttt+f, Fariuct to f zmisn each istsa:rants by Trustor, or renewals as ra*duired f^areunder srfalt, at the
<br />#sstFon o4 6acteflcarv, constitute a default.
<br />s. Taffies, .SS;essn+vnu and Vistas,: Tfustor shaft pay elk taxes, assessments. and other charges; neluding,
<br />wrrthaut i~m~tat+an, "~nrs., anc rnpAtrtrortx a~rbutaDle Yo ins Pro€lerty,.and feasenotd .payments or ground rents, if
<br />z-~'L i~eture ;>~ s3ma prtomrt dabitsqusnc Trusmr sFtalt prornptty furnvsh to 3enebciary ail notices of amounts due
<br />,.;xi<r tills r~aragra#ft; axed in the evxttt Trustor sftast make Gayment +#rec±lY, 'Trpstor shall prpnt#ty .urnish to
<br />danefic±e.ty rtes+#ts ie,ride:tang setts #eyrrerots. Trtutiarsfaaii pay ai4 taxis arxiassessrnents which maybeleviad upon
<br />Bens:-r~zry~s ,ate;estfreresnoraspon tX°+st`~getfofTtustwitKaert;er}ardiuanyiasa thetmay be~enactedimposing
<br />asrmrnt c,r iris v:hofe. or any past t'tcreo# upon the. Brsfeficiary.
<br />;, Add;.t+onal 'ter*ns atsdProtetvon of 8`eneficzarY`s ~irtcurity- Trustor shsi~.tmake setpaymeocsof interest
<br />and ~rir;c;r:a! ~d ceyrt r s :;' acty attics charges; tees grad expenses contracted Lobe Laid 20. any existing .lien
<br />'~clenrs rx r~~cr _n~~~icr -,es ~.:7d~r env :#rior mart. of &-usf to .mortgage be#are the date they are delinquent and
<br />}xun,utty ;:ay and drscttargc a:ty and nit tither liens;tlaenu:tar charges xvhich. may jedpardiza the security granted..
<br />herein. 'f Trustor fairs *.~ ntaKe airy t°te:a ;~Wymcnt or fells tca.perfornt any. of the covenants and ageeernents con-
<br />airtK! ;n the u^.ed ,~[ ; ~ t, or is any ;xtormor2gagaoc deed rfitst, yr .f any acti#n or prOCeed1ltg)storrnnehced
<br />rrhre?'; maten'iagy sifeas e•,~.r'icinry ; Interest i^. lie ?rcprty, ~cvarrm, but not Firi.zed to, emiraentdomaih pro.
<br />. :ac'.ncs, ~~s prpc~~irgs „ia,,-~q a ~2c2ian,. car irTru;,o; `airs -o car Tn~s.o; ~s deh>sgerrara€iy as.:ney aECOrr+x:due,.
<br />ihsn Btnefaci¢ry, at c3eaet _i2; yes tv;rr;n and w6taout r;?'r_e :o c, :~amassd upon 7rustarar~~ tivirr,out reteasin4
<br />ltustrx trc+m env ~brigati~-rs hsJ~vsder, may make such at~earaccgs, ~}iStM:rsrt suchsurtws and. take .ucc~ a,~;~pn as iz
<br />rrtcestdry ;p or~w:rrz yer¢r cr.9; is ;atetest, +ncrvu.n;, ~, _ ,ot iirni tell toadxsburs:emrc»t of.ressor,e~ s a*.r:.arney't fees,
<br />r,,ryrnEeu- :r.~scr^r,.t ,.:;e,.c- .,_Tproml;e -ci Irv encvmbrq,4cg, gharg~orfien, antleniry;tpon, ttre.Froperty to
<br />="tip'^3 ;?/pa•>5 ;ire c-.~76t ?h3: T ttF J Y^z; a t0 y:uccre 5t}Wrat1C6 C+r tQ (+aV eaasgs, akBessmenC6, CJr ally ntnar
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