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<br /> ��D"" ���c�P7�� F.
<br /> Al.l ot- the r.enta, i.�aue� and proEit�, including a11 rcra6:�a, �oY�l��.oa� �.
<br /> �ontaeer� anc� bEnefi�o under anX exietinq ox futurc� 0:1.1, c��� c�r. �nineral ox _
<br /> othcr ].eaeeo; all easemento an�cl righte of way; a11 r.ic�ia�.� r►£ hameeitead
<br /> and homeetead exemption and any eurvivinc� o�aoixae'e m�r.ftial ar dietx9.bu- ---
<br /> tive ehare, and all othar contingent rigYat� in and ta E��id pr�misesl and _
<br /> �_
<br /> A11 f3xturee, improvemente, buildings, and th� plumbing, n�ating,
<br /> ventil.ating �a�nd lighting syetem� and ec�uipme�� tY�a�ea.n, all of wY�.ich
<br /> s}aa�l.l be con�atxu�d and aon�idQred ae affixsd to ar�d part of the real
<br /> e�t�fiE:.
<br /> A,.11 Qf the fosec�aing estate, px-op�rty and intex��t Y��rc�by conveyed to L-he —
<br /> �ai.d Truetee i� ih.ereinaftier collectivQly rafQxrod ta a��a �ho °Property. "
<br /> TO �1�'�VE AND TO HOLL� the aame urato the oaid True�a�, Ta:uetee's t�ucceee�rs
<br /> �a�d ae�ai�ns forever, IN �'RUST I30WEVFR and WITI; NOWER dr` 9i�LE hereby expres�ly
<br /> grant�d unto the �aid 7Cruetee, TxuatQe'� eucceeoars, �nd aeaigne foz the
<br /> pur�os� of aecuring:
<br /> ta) The payment c�'� Trustox'� j���� indQ�atadnc��n tco Beneficiary iiz the
<br /> pri.nc3.pa1 r�um of Twcn�.�r Thou9�tiz� �c►�.lzx�a (a?C�,C�4t�.0o) far mQn�y borrowed,
<br /> ,•4��.tk�. intereat ch�er�on, ui'1 a� e•��.w�a�c�r1 D�y a�d ins. otxict ar.cordance with the
<br /> � ��.sxme of that �ertain pran�ie�ax},• na�e h�:reTr.s����r cal�ed the "Nca��", bearing
<br /> even date herewith m�a�� payab3.� •tn �h� easd�� �:'s Ben�3ticiary, execut�d by
<br /> Lenora S�huette by B�rry �chultz, hr�+� �,Q�^u�us ��� �t�ar���, and providi�rJ. � �Qr �
<br /> the pay�nent of sai.d indc�b2�dneos in ir���Ilm���:.a, �au��ect to acceJ.era�iors o� .
<br /> maturi.ty an d.efault in �3�� Q�ymant of any i.�;�aca�?r�:�nt oE principml,� a�r :
<br /> intere��; or in the per�oXmaxic�� nf �r..y r.aver�T�.t �greement or wax�artty
<br /> con�a:�rn�x� in this De�d of. Trust;
<br /> �:
<br /> {b) The performance of e�:ch,. agre�ment, covenant and warran�y of Truetor
<br /> �erein contained or eet forth sn the Notio tar any agreement or ine�rument
<br /> execu�ed by Tru��or a.n cannection with th� ina��k�tedneae hereby eecured; and
<br /> (c:) �he payment of any eum or eumo of maney witk� intere9t tk�ereon whiah
<br /> may be hereafter paid or advanced under the terme of thie Ueed of Tru�t.
<br /> NOW, THEREFQRE, TO PROTECT THE 3ECURTTY OF THIS DEED OF TRUST, T�ruetar
<br /> does for �'rueta�r and for Truator's heire, r.�preeentative�, vendeee,
<br /> aucc�esors and asaigr�e, �h� ownere of said Proper�y, hpreby expreaely
<br /> covenant, agree and warrant to and with the TrueCee and BeneEiciary�, and
<br /> their eucceasore, vendeee and aasigns:
<br /> Firnt: That the Truetor hereby cov�nurat� and agreea, to the extent
<br /> permitted by 7.aw, as follows: (a) to pay pr�m��ly when due the principa.l and
<br /> interest az�d other sum� of money provided for �.n ehc Nare �nd in thie Depri of ,
<br /> Z'ruat; (b) to p.�comptly pay before del.inquenay al]. t��ce�a� asse�emente and
<br /> other charges i..mposed by law upon the Property, the �'rus�:c�r's intezes�c �
<br /> therein, or upon this Deed of T�ruet or �he Note; pravidad, howevex, that in
<br /> thP ev�e��t of any change of the 'law provi3ing fox tY�e �a�xation of deeds of
<br /> t�ruet or debt� thereby eecu�ced so ae �c� affect t:�is Deed of Truet, the e���3.re
<br /> 3.r►debtedriet�s eecured hereby ehall a� the option o� the Bea�eficia� beaome due
<br /> � � �nd payable; (c) to keep the above-deacribed Propert�r and the xmprov�mc�nts
<br /> thereon in good condiCion and repair and x�ot to commit or sufier waete
<br /> Chereof, and excep� aa authorized in any er.hpdule anne:ted hereta and forming
<br /> a part ,her�ofj (d) to maintain and dela.vcr to Beneficiary policiee of
<br /> ineurance againe� euch hazardB on the buildi�ago and improvements n4w ar
<br /> hereaEter located �n or aoneti.tutin.g a part of the Property as thQ Beneficia-
<br /> ry ahall require, in ouch companie� and amdunt� and wiCh such ].oae payable
<br /> c;lauses as eha11 be satisfaatory to the B�ne£faiary; hhat in the event of
<br /> 1ose, Benef�ciary is expreesly authorized to settle or campromiee c�.�ime
<br /> ' uxider eaid policiee and the proceede thareof shall be paid to the Beneficiax�y
<br /> who maX apply tihe oame or any part thereof on thP indebtednec�e eecured hereby
<br /> ._
<br /> or toward cae reconstruction or repair of said Auiidinge anu ltnptvvoinca�i.a �;.
<br /> , releas� eamo to r.he T:ruetor; (e) to pay any lien, clairr. or charge again�t tlae
<br /> Prope�ty wY�ich� might take precedence over the lien IZereof; (f) to pay on
<br /> demand all le�al s�cpcnses, title searche3, appraieal flz• att�rneys' feeo
<br /> raaeonably ina�arrad or. paid by �eneEiciary to ealleat the No�e nr fo�eclosc�
<br /> or prot�ct the 11en of thi� D��d of Txust; (g) that in the event Trueto�
<br /> ehall �ail to comply with th� p�ov�a.s;:imna o� (a) t���uc�h (f) abov�, the
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