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<br /> '� �,�9�.�.� 92_, 100188
<br /> ,x.:
<br /> � ��• FOS 'D�B PURP08S OF SSCURTNat
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<br /> `� � ��° � (a) the payment of indebtedness evid�nced by
<br /> ,�..�...; �.;,... �.; � —
<br /> f ,;;,,��;- ����. Tru�tor'a note of evon dato herewith in the prinaipal �um _
<br /> '� ��"_�:. ..� .. of Twenty-Six Thousnnd Fifty-Five and twanty-�ix
<br /> `�:�.�"`-;;��� hundsedth Dollars ($26,055.26),togethez with iaterest at �,ur-
<br /> _.. "' � �'}� the zate or rates psovided therein, or the pri.naipal amd
<br /> � �` intsroet on any future advance ae evidenaed by promi��aory __.,_
<br /> j � '�'" '��" ' note� stat3.�q they are eecurod hereby, and any and a11 ���_..
<br /> -:�'� � ronewsle, modiEicetione and exteneions o� euoh notes, �;::
<br /> ---�•��^ p � q ablo in
<br />_��__' . both rinci 1 and 3.nterest on the noteo he�.n pay I�`:;`�-
<br /> ':,�, -: 4i a000rdance witih the terme set fosth therain and the �
<br /> ;;,�,,r, " amortization sahedul� attaahed thereto, whiah by thi� �
<br /> ��t;; �;_ r�lsrsnoe are hereby made a part hereaf f .`
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<br /> :=,�: .�•.. :� �,�,.�.` --
<br />:;�f_:z,i � .... � .. t (b) the per#osmance of each agre�mant aad oovaaant ,�_
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<br /> ���� �.. o! Tru�tior he�reia� containedj and 4r
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<br />- � ��R � �" (c the payment of any eum or aums of money whiah
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<br /> _.- ,, ,�'"+ '. �� ��'" may be �sreafts� paid or advanced by Heneficiary urider ��.
<br /> • th� tsrm� of th3.s Deed of Truet, together w3th interest �;��;�
<br /> , . .. : , th�r�on at the rate provided in the note. ��-��
<br /> ".��., . �y:,,
<br /> t. • " ,3 �. To prot�at the aecuri.ty of thia Deed of Truet, Trustoro hereby �;-'.�_
<br /> �� ' � , oov�nant and agr�e aa followas ..�.:=.
<br /> „ , ... • ., .,. E�;_•;•
<br /> . • � " u 1. �yp�ent af Ind�btedns�e. To pay when due, the priacipal - f$
<br /> . � of, and th� intereet on, the 3ndebtednees evidenaed by the note,
<br /> -_-,----- . . .
<br /> ch4=g��, t��• and � all other aums as provided in the lo�►n �;j�,,
<br /> � • T — * ia�trum�nts.
<br /> ��
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<br /> 2. �$•
<br /> Truetore are the owners af the property and have
<br /> ' . � . ' thv riqht •nd authority to exeaute this Deed of Truet in respeot to _
<br /> � ths propesty. �"
<br /> . .�.,
<br /> . 3. Tax�e nnd� Asaea�ment. To pay, when due, all taxee, �;r�:
<br /> ; ���"•. +���, speoial a��o��nr�nto and all other charqee aqainst the property, --
<br /> � .��. b�lor� th� •am� b�aanie delinquent, and, in the event Beaeficiaxy ,�.•-
<br />-. shall �o raquire, ta add to the pay�aents required under the note �:
<br /> � . seaured h�reby, such anwunt ae may be sufficient to enable -
<br /> ' • � ' ' B�n�tiaiary tc pay euah� �axee, aesesemente or other aharqQS as they
<br /> �"
<br /> � � beconw du�. °�;�:°`
<br /> `�� �::-
<br /> � 4. Ineurence. Tn keep the i�aprovemento now or hereafter 'N
<br /> ' loaati�d on ths real estate described herein inaured aqainet damage
<br /> .ti, by �ire and suah other hazard� as Heneficiary may require, in
<br /> ° amounto and companies accepCable to Heneficiary, and with losa �_
<br /> �. F . payable to Henefiafary. In case of loss under auch poliaiea, ___
<br /> ' Bsnegiaiary ir authorized to ad�uet, collect and comproad.se, in ita �-,�;.
<br /> di�aretion, all alaims thereundgr and, at its eole option, is f;;-
<br /> " nuthorized ta eithor npply the proceeds to the restoration of the t � •
<br /> , property or upoa tho indebtedness secured hereby, but payments ��� ,
<br /> requirad by the note ehall continue until the eums aecured hereby
<br /> � are paid in fnll. d.
<br /> . g. $gpe�r_ Maintenanae and Uee. Tn promp�ly repair, reatore �
<br /> � or r�build any 6uildinge or improvrau►enta now or hereafter on the
<br /> prop�rty= to keep the property in qood aondition and repair, �
<br /> without waoto and free from mechanice or other liena not expreagly E:
<br /> aubordinated to thQ lien hereof; ta not make, euffer or permit any �
<br /> ' nniaanae to exiot nor to diminish or impair the value of the .
<br /> , property by any a�ct or omission of act; and to comply w3th a11
<br /> � r.quirementa of law without respect to the property. •
<br /> � 6. Cond mnati4n. In the ovent the property, or any part '
<br /> � thereof, shnll be taken by ominent domain, eeneficiary is entitled
<br /> to colleot and reaeive all aompensation which may be paid for any .
<br /> � property taken or for damagee to prcperty not taken, and �
<br /> Benefiaiery ohall npply puch compensation, at its option, either to
<br /> � a reduation of the indebt�dnesa �ecured hereby or tc repai= and
<br /> 2
<br /> ., .,
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<br /> � _W.] _ _ _ '
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