|
; _. _
<br /> '� ,. -
<br /> _ �'�'� , . . .. ..'f�i: :F•.
<br /> , ., �
<br /> . �v���rs•'.,.. . _ -.. . • . e -� y�aTt�tWW1?�v'tj• - .. .. . t...� .r ._ . ....��..�.,...
<br /> -. . .. 1,
<br /> , �, � � —„_ __ . - ��_.
<br /> ti , �r._ ... . . -.. . -' -
<br /> r.�n.. n ,. .. _
<br /> ..R�+.,.�. .,:r q ..., �y,;L::�:`.� ;'�,.t't yw..hq.�•y..
<br /> f_
<br /> .. 6 _L�. ...-.. .- ..... _..... . - -�.:,.-,�.., � _...'.-
<br /> �Yb M1� 'Km_
<br /> . r, �Ob�ki9�vpt+
<br /> ' .•�}'' �''�'"`f�yy . �.... ..
<br /> r .,
<br /> ._.. ._ _ . . . .� , ... ::aCf _
<br /> ,. ... . --' ... ... . .._... ..... .._ _ �.
<br /> � � • ' • o �lJ'��f/ �..
<br /> ., .•.a�� ��7- � G°
<br /> .;:, ,�.,,..y
<br />.-::•r,r..,.�:� (�) tl�e p��nent og any �uun or sum� of money �
<br /> ��!'`'�' whiah mAy be hex�aEter �aid or advanaed by Benafi- __
<br /> ���,�,.,�;, 9 o a1AZy und�^r tho texi.ne A� �h.�e �eed o� Tru�t, to- �
<br /> ;, �.+,. , gether wi.th intere,e� thereon at the rate provided __
<br /> � ' in the note. �
<br />"���-`� To protaat the ��auxl.ty vf thfe Deed oE Truet, Truetor -_
<br />,..� _
<br /> - horeby covenan�e nnd agreo� ae followes �
<br />_ -�.o.-..�.�
<br /> ; .,,;b' .. 1� P�+,ment op Indebtsdneae. To gay wlien due, the pri�nQi- °
<br />�.r;�. �;y- ` ' pal of, di116� 1:YlA interest on, �he indebtedness evidenaed by the
<br /> ;.<<., not�s charges, feee and all other eume ae p�ovided i� th9 loan
<br />.;��� ���,' i.n,etrumente.
<br />-`��ftu,:.
<br /> um
<br />�;�-�`i�► 2. T t e. Trustor is the ov�rner of the property and has
<br /> ::-f.��.
<br />;,�.n,� tt�e right and auiclta��.�y �o executo this �sed o� ��ust in respeat
<br />-''� "'`� t� the prop�rty. The lien areated by �his Deed of Truet ae �o
<br />%�f✓�1.��;�� tYae real es�ate desaribed hereinabove is sub ject to a psior Deed
<br /> �`=`��� '`'� ofc Truet filed againet ea�.d real estate in favar oL� Five Points
<br />-��Yl'<�;;;A�� B�ank and recorded. �m the Offiae o€ �he Hall Count�7 Registar of
<br />•��==�_��=� Dsede as Documan� L�a�. 95-101999, wh3clh Daer� of Truat secures a
<br />, `=— -- aertain Daerl of Txuat No�e due froan Trus�ar to Five pointe Hank
<br />�:�,�,-�� d�ted Maresh 30, 1995.
<br /> - - 3. Taxes and Aeseesmont�. T� pay, when due, al]. taxee,
<br /> � epeaia]. asseseme�nte and ell other charges againet the propertiy,
<br /> '�� i��exosa L'nn no,�e Le::�ta 3:.,3in sz-usr.t, �ad; ;n the event Benefic�iary
<br /> .�, eh�].1 Bo require, �o add �o the paymente requixed under the nate
<br />__.:_-�=;�;,�� eecured hereby, euch amaunt as may be eufficient to enablo Hene-
<br /> ___;;;;;� fi�iary to pe►y such taxes, aseeeements or other ak�arges as they
<br /> � -= become due.
<br /> �- 4. Repair. Mainte�an�ce and Uee. Ta not coauait waete on or
<br /> -° damage to the property and to uee due care to prevent othere from
<br /> -�--°-°-F�� so doing; to keep the house and is�igation equipment situnted
<br /> u�An the aforedeecribed renl estate in good aondition and sepair;
<br /> - to keep the �ropdrty free fr�m mechanics or other liene not ex-
<br /> � pxassly eubo�di�ated to the lien hereof; to not mak�, suEfer or
<br /> � permit aay nui�ance to exisY. nor to ciiminiah or �.ampair the value
<br /> ---
<br /> -=__ �� �;;� r"r_�j �,; wn� act or omission to aQt; and to cos,t��ly w th
<br /> �- -- all requirement� of law with respecx �o tlie pzapa�ty.
<br /> 5. Tnsurance. At all times during the term hereofc �a ke�P
<br /> - the Property ineured agai�ast damnge by £i.r.�e, hazarde inaluded
<br /> within the term "ext�nded �overage", and euch other hnzArde ag
<br /> �a�eficiary may reguire, in an eimount oF no� le�s thr�n the re-
<br /> plaaemeat value th�reof aad with companie� aaaeptable to Henefi-
<br /> = cie�ry, including a s�tanxlard mortqagee c3.RUee with le�ee� payable to
<br /> the �enefiaiary ars� containing an addi�ionaL provie3.on fi�at the
<br /> __= policy aannot b�. aan�eled without prior writtien noti.ce to the
<br /> '°'"""' Beneticiary. In ca�e of loes u�der such �ol.iaies, the Benefici--
<br /> -- ary is authorized to ad juet, aolleat ans� campromi.ee all al.aimo
<br /> thereunder and eha11 hav� i:ha option of agaplying all or }�Art of
<br /> ----�._- tha insuranae prooseds Q�.� tn any inde�'��r.lne�s seaured Bn3�:eby and _
<br /> - in euah order ae Henefic�.ary may de�exm3.ne, (fi) to tho mzustior
<br /> �� to be used for thQ repair or re�tmr�tion of the Property or (i�.i�
<br /> - for any other purgoee or objeat s�tiafactory to Beneficiary wit&�°
<br /> �� out affeatiny the lien �� thie Deed of �ruat for the full a�mount
<br /> - seatared hereby be€ore er�cD� payment evor t�ok plaae. Aag applica-
<br /> --��'� tion of proceeda to indobtedneae ahall not extend or pes��sane the _
<br /> --.- _ _�__ a.L� �V..i.e ...� �»sm �nv t�OfAlllt -
<br /> --�- nutl tiate o= any payutbni.n uasa�c,. �..o ......o, ..- ..--_ --� -------
<br />°�_�„�:�;; ichQre�nder or herounder.
<br /> `� 6. Co�ndemnation. In the even� tho proper�y, or any part =
<br /> ---- theraof, shall be taken by e�inent domain, Benefiaxary is enti- `
<br /> _- = = tleai to colleat and rQCeive all comgensatfan whiah may be paid _
<br /> -_=�Y for any property taken �r foz damagee to property not taken, and =
<br /> --=�x����� nenefiaiery ahall apply such compenaati�n, at it� aption, ei�her _
<br /> ,p;�;�`�.. ,- �o a xeduction of the indebtednea� s�ecured hereby or to repair =
<br /> -��'•'� and xostore the propexty ea taken. -
<br /> r=��:��; -
<br /> -- �:
<br />-:=A k�+�.��%:.:�..
<br /> -.•�- ��
<br /> • . .. . �
<br />
|