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<br /> ` : • • ' ther 6�nefits derived fran tfi�e reait,�sape.*.tj�:c14 kases a subkases eavering the � - � _----
<br /> :• �'.--'.:`:�.:,� ,." TOGETFIER WfTH,dl pnts,prof►ts,royattbs,income and o - :-._
<br /> �::'%:;:�` ',r, ; �fM�aof.raw pr her�qft�exisY�rg or entered inM,and all rpht,titit st��:ter�f of Trusta th�ro�xder:all in- -_ ,-
<br /> `� red proprrtY ar m1►Poh �'��� .
<br /> ,., � mfhereal .all eosertiertts, '. '
<br /> -. ,;=L._�.:° tKtsts,atat�Or ather clo�ms,botb in law wid in�q i lity,whicb Trostor now has or moy hereaftcr acy�riro" P��y' : - .
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<br /> , , riphts�of-weS►.t�nenisnss,he►editarneMS and apputtenanus thereof ad therato:att oil ana qcs ii�tts and Ro�is.woter riqAts.cn�eata � �.:i:. `;,
<br /> , y"�-� � stodc:d�i�t•titlt ab iMerest ot Trustor.now owned or hereafter acquired,in and to ame 1�tying within the riqht-of•walla6s�!t sire+ts nr :":.,. .� ,
<br /> �; ,�'r" • , -� � h �p���.�pl prope�fy,any and alt buildings,fixtures,ir�rov�n�mis,�d app�if��naw or hereaftK eFectedff�e+�eora or, :�.,,,,.s #,�:
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<br /> - ' b�locgiig thr�to.(herain roferred to as"tmpravemenY,or.,tmprovemeMs"?;an�C any art�c1E avrards made fa the taki�g by eminent dac�a"sn r:_:.,.`'�`' , :�
<br /> '�`'j _ . a btil my PraNdiig or Pu'chase in Neu the�eof,ofi ehe whote ar a�y pat oi the reaFp+rapeety. ;. . . .
<br /> �� . All of the forparg estote,p�opdAY!4�d inte�est hereby eonveyed to T�ustee herein collecrive�refened to os the"Property". , � :,�:�:, , :: '��
<br /> ' . . - . � TNISDEEDOFTRUSfSHAtISECURe:� Isumof One Nundred Sixtv '.�.:..'f.,�:, •..` �_,
<br /> . � (e)The poynknt of indebtedness evidenced by Trosta's note of even 0ote herewith in ttie p�m[ipo �'�S �s �60 000 OQ 1. • ��"�.` � . `�''�'
<br /> � Thousand and no1100s --~~-------'-- � `'�`t`�
<br /> - modifica�tlons.andsxtmsionsthe►eot, � ".�;:C
<br /> " - -. topNhK with interest ct the rat�a rates p►avided therein,(herem,tapetl�with ony and all renewals. ; - '-,�� _
<br /> . � � rtt�md to as th�"Note")both principal ab iMe►est an the Note baing poYobk in acadan�e with the tem�s set forth tlKrein.refer�nte to � ; , • ' t•.,-•_
<br /> ' whith is M+'�b11 nwds,the final pay�i�ent of principol and interest.if not soone►poid ond if no res�ewats,modificotions or ea�tenswns ore made,
<br /> , ����yb p� D�eember 15� 1997,.�, all ren 4TAlA PYtPT ;�s thereo£ ------' � � � � :-�.x
<br /> �.-r-._
<br /> ' (b)The periormance of each oy�eeme��and covenant of Trosta herein contained;and , . •?"r`
<br /> - ' (c)1he poyrtwM of eny sum or sums of nwney with inte�est ttiereon which may be hereafta poid a advanced unMr the t�nms of this Oeed oi , .. ,;-�--_
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<br /> . . Trust. �. � .;�;...�.
<br /> . '. r.���pay�t of any future advaxes necessary to protect the security a any future advance mode at fhe option o1 the parties;a�d { • , .
<br /> � - • � ��y t4N pu(ormana o!an o6ligation of anq other person naned in this Trust Deed to o beneficiary. , �
<br /> ' i � ''''•;' 1'Q t�ROTECT TNE SECURtTY OF THIS OEEO OF TRl{ST,TRUSTQR HEREBY COVENANTS AN�A6REES I�S FOLIOWS: �
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<br /> ,,�}; :_':.. .• 1,�,::.:.;, : �,��1�t.►�iei�i�i Mif�nd.Trustor shall prompllY paY when due the printipol oi an8 interest an tM indebtedness ev'Klenced by the J• , ,
<br /> ` � ''•'���""� � ` Nots.and alf¢therc}�arpes and fees as provided in the Note,ond the principnl of and interest on any iuture Advancas secwed bY this Deed of ; „
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<br /> ,,:;,'.,', <�'. Trust. '•.`.:
<br /> '`'!�i;,�;;�` ' T,Ilf�nw���!ti1M.Trostor is bwtull�t seised and possessed of good aad indeieasible titb and estate to the P►ape�ty hereby conreyed and
<br /> �� . ' � hes ths ripht ta gr�lnt and eawey the Prope�ty:the Proper�Y is irce and ckas af alI liens and encum6raxes except liens raw of reeard;a�d %:'
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<br /> ' tn�stor will warra��and defend ths title to the PropertY against alt ctoims ond demanQs. � �
<br /> .,` : ':,,. , 3;,���w/�e��Iwn.Trostor shall keep�he PropeRY irt goad condition cnd repa+r and sholl Rut commi�waste or perrt:it 5��,, �
<br /> . `-��-��,�,��"�� tmpolttnant a d�terw�atian of t6d Aftfpert�and sha��comply with�tNe provisions ot any lease if this Oee�of 1�ust is on a leasehold.No tmprove-
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<br /> ��'i�``` me�t1 now ar hereokan ereeted Wpoh�tNe PropeMy shol{be attered;removed or demotisheQ w1tNa�t tf�e prior written cansent of Beeeficiary.
<br /> ,,;,:,,;., .. .
<br /> Trustor sholt compl�.wttli all taws,adinanees,regufations,covenonts,conditions anA restrietions affecting the Property and not commit,suNer.
<br /> . , .
<br /> � ',,�';��; or pKmit aiqr at to be done in a upon tM PropertY in vlotntion of any bw,erdinonce,regulatian,cavenaM.eandition a re«�stroyedsand �
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<br /> � � :�_;,, :., _ '� � shall eort�pNtt�ar rastaa promptty and in.good.wakmonlike man�er anY impravcn�►t en the Pruperrhl which may hs Qamoptd - : — -- -
<br /> � : '. . -- pay,wh�n due,dl cbkns i�tobor perfamed and materiols 1u►nished the►efae and f ar any clteraticns fhereoi: - - - - .
<br /> �4. rwrMn.T►usta.at its expense.will maintoin with insuras approved by 8enefieiaryr,insurance with nsp�cf to th�Impravem�nts and
<br /> - -' --. p�rsprql property,tonstituting the�aperty,oqainst tnss 6y fi�e,lightning,tornado,and other perils and haimE�covered by stc�tdard e�tended _
<br /> � • . • � �pyKOq�endprsKneM,in an amaunt eaue�to at least one hundred percent of the tull replacemant volue thereaf anb insur�ce apainst such
<br /> � , . � other hazarAs onA in suth amoimts as is tustortarily canied by owners anA operators of simu(ar properties or os Bentfitiay n+ay require{or its _
<br /> � � ..�, protettion.Trusta will comply with suth other�equirements as Benaficiary moy irom time to time reauest tw the protecfian by insuraxa of the
<br /> ; int�nst�o�fhs r�spective paAi�s.Atl insura�sa palicies mointoined pursuant ta this Oeed of trust shatl name Trustar and Benef iciarY as in•
<br /> su��ds,as th�ir resptctive int�rest�may appear•and p►o�iQe thot�here shalt be no cancelb�ion a modi}icatian without no less thcn 1 S dnys
<br /> _ -`----- ---_---_°-_-E piorwrrtfaRnotilitttliott to$etie��t�fi�!�s!!so eveM naY CQlic�t.fieteuAQer is no!renewedEan Trusto sha8 Qel v eto�enafttiory�rfheor g�not_ �._---------
<br /> � ; . BMef itiory map praae such insura+ce in auardonce with the provisions o}paragraph '
<br /> , � � policies of insuran�s and renewals fl�ereof or memo eopies of such pol'�cies and renewa(s the�eof.iailute to furnish such insurante by Trustor.or ; �
<br /> . • ... :i _reMwo1s�riquredhereundershotl,attfi�optionofBe�ficiary,constituteo�efault.
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