My WebLink
|
Help
|
About
|
Sign Out
Browse
201001610
LFImages
>
Deeds
>
Deeds By Year
>
2010
>
201001610
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/11/2010 3:42:49 PM
Creation date
3/11/2010 3:42:48 PM
Metadata
Fields
Template:
DEEDS
Inst Number
201001610
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
8
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
201001Gi0 <br />TO HAVE AND TO HOLD the same unto the said Trustee, his successors and assigns, <br />forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted unto the <br />said Trustee, his successors, and assigns far the purpose of securing: <br />(a) The payment of trustor's just indebtedness to Beneficiary in the principal sum of Ten <br />Thousand Dollars ($10,000.00) far money borrowed, with interest thereon, all as evidenced by and <br />in strict accordance with the terms of that certain promissory note, hereinafter called the "Note", <br />bearing even date herewith made payable to the order of Beneficiary, executed by Harold E. <br />Carmichael. <br />(b) The performance of each agreement, covenant and warranty of Trustor herein contained <br />or set forth in the Note or any agreement or instrument executed by Trustor in connection with the <br />indebtedness hereby secured; and <br />(c) The payment of any sum or sums of money with interest thereon which may be hereafter <br />paid or advanced under the terms of this Deed of Trust. <br />NOW, THEREFORE, TO PROTECT THE SECURITY OF THIS DEED OF TRUST, <br />Trustor does for himself/herself and for Trustor's heirs, representatives, vendees, successors and <br />assigns;. the owners of said Property, hereby expressly covenant, agree and warrant to and with the <br />Trustee and Beneficiary, and their successors, vendees and assigns: <br />FIRST: That the Trustor hereby covenants and agrees, to the extent permitted by law, as <br />follows: (a) to pay promptly when due the principal and interest and other sums of money provided <br />for in the Note and in this Deed of Trust; (b) to .promptly pay before delinquency all taxes, <br />assessments and other charges imposed bylaw upon the Froperty, the Trustor's interest therein, or <br />upon this Deed of Trust or the Note; provided, however, that in the event of any change of the law <br />providing for the taxation of deeds of trust or debts thereby secured so as to affect this Deed of Trust, <br />the entire indebtedness secured hereby shall at the option of the Beneficiary become due and payable; <br />(c) to keep the above-described Property and the improvements thereon in good condition and repair <br />and not to commit or suffer waste thereof, and except as authorized in any schedule annexed hereto <br />and forming a part hereof; (d) to maintain and deliver to Beneficiary policies of insurance against <br />such hazards an the buildings and improvements now ar hereafter located on or constituting a part <br />of the Property as the Beneficiary shall require, in such companies and amounts and with such loss <br />payable clauses as shall be satisfactory to the Beneficiary; that in the event of loss, Beneficiary is <br />expressly authorized to settle or compromise claims under said policies and the proceeds thereof <br />shall be paid to the Beneficiary who may apply the same or any part thereof on the indebtedness <br />secured hereby or toward the reconstruction or repair of said buildings and improvements or release <br />same to the Trustor; (e) to pay any lien, claim or charge against the Property which might take <br />precedence over the lien hereof; (f) to pay on demand all legal expenses, title searches, appraisal or <br />attorney's fees reasonably incurred or paid by Beneficiary to collect the Note or foreclose or protect <br />the lien of this Deed of Trust; (g) that in the event Trustor shall fail to comply with the pravisians <br />of (a) through (f) above, the Beneficiary may expend such funds and take such action as is necessary <br />to remedy such failure and all sums paid by the Beneficiary pursuant hereto with interest at the rate <br />Page -2- <br />
The URL can be used to link to this page
Your browser does not support the video tag.