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<br /> py�TiustN without arry judict�i ProcMdl�p.Truator reprasnb warMnb that th ackno t waa axecubd by
<br /> Tcu�br bNo�d ths ex�cuft�on of ihs Daed ot Trust � �
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<br /> ` � � :.�THSS"f2�ID��TRUST is made as of the_�}�-day� .-J�� —_ —19_92.bY and amcnS
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<br /> ,; 4he recei �i�ea�;.s��,ere��aatmow`�Yga?..�rus►�vr�;e:eby mev�tsy$rants,aanstera.carscisys�;,,3�ssgs�s�Trusfee�:al� � � __
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<br /> tt ,: TRUST;WiTSUU�OSSAl�.Mrtheb�ne��F�ndsec:�r�cl�ender::r^�s33erandsubjBCttothet8rm-s�?:r�rt�'�,crts�seraf�afaers� .' . � f � .
<br /> �d�tti.tha reaf property.QesC�ibed as totlow� ' . , , :�� ;• �••,. . . : . � . � �
<br /> . ; `Lot OrN c i). t.�r�ttA Jlar�s suibdsvl�iour`�rsnd:�Iilana; 1fill.Coari�y. NRbsaNw::.��� .� f.
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<br /> ^•, :..,s��::° ToDetAsr w(th aii buiidin�s,improvemenq,ftxtures,streets,atteys,passagewaya easements,rights,pr�vifeyes and appurte- {�;=;�;;�� •.:: ;__
<br /> nances locatad thereon or in anywise pertaining thereto.and the rents,issues and profits,reversions sod remainde�a thereot,anA ;.:-
<br /> .`� .�.%. auch persona)properly that is attaChed to the improvements so as to constitute a fixture,includlrtg,but not Nmited to,heatfnp and - - `��;
<br /> ,' �'��,°._,,: ,:�, eooliap equfpmen�snd together wifiti the homestead or ma8tal fnterests,it any,which intereats are hereby reteased an0 walved:811 • _`=
<br /> --..:+� of whfch,inctudinp reptacements and additions thereto.is hereby dectared to be a part ot the real estate secured by the tien of this :��--
<br /> ��`. Qeed of Trost and sil ot the torepoing being referred to hereln as the"PropeAy". __: °`�:'
<br /> ' This Oesd o1 Truat ahall aecuro(a)the payment o1 the principal sum and interest ev�denced by a promissory note or credit � ==
<br /> � ". � ,havin a maturl date of _� 1�S 399Z � � � '=
<br /> :'�,:.. :,• ayreement dated 9 ry � •
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<br /> .. ;:;�t�_:;. ' in the oripinal principal amount of S la?.+W.M ,and any and all modifications,extensions and renewals _
<br /> , ,_ thereof or the�eto and any and all tutu�e advances end readvances to 8orrower(ar any o1 them if more than one)hereunder
<br /> :� � purouant to one or more promissory notes or credit agreement�(herein cailed"Note'7:(b)the payment of other sums advaaced by _
<br /> . • � . Lander to protect the security of the Note;(c)the pe�formance of ail covenants and agreements of Trustor set torth hereln;and(d)eil •��.-`.-
<br /> '��' � , preaent and tuture indebtedness and obtigations of Borrower(ar any ot them lf more than one)to Lender whether direcL indirect,
<br />, � abaotuts or oontingent and whether arising by note,guaranty,overdrafl or otherwise.The Note,this Deed ot Trust and any and atl k _
<br /> ' � �'• " othel docuent�that aecurethe Note or otherwlse executed in cannectian therewitb,including without I�mitation guaranteas,securlty • __-
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<br /> t. apreemenb and aasignments ot leases and�ents,shall be reterred to hereln as the°Loan Instruments". .
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<br /> .. �,.?,: Trustor covenants and agrees with Lender as toitows:
<br /> " �fi� ;.,;'''"s;'„ 1. P�ymNN M(nA�bNdn�ss.Afi indebtedness secured hereby sha�l be paid when due. � - -.
<br /> �;�;,_;,, ..•.�, 2. TiW.T�ustor is the owner of!he Property,has the►ight and authority to convey the Property,and warrants that the lien ,
<br /> �a�:� � created hereby i9 a first and prior l ien on t fie Prope r t y,except for liens and encumbrances set torth by Trustor in writing and i'.
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<br /> , �-�-w �••- � delivered to Lender betare execution cf this Deed ot Trust,and tfie execution and deliv�ry ot this Oeed ot T�ust doe�s notviotate eny :
<br /> :`'� canUaot ot other obligaUon to which T�ustor is subject.
<br /> Y ��� 3. Tixa�Apq�m�nb.To pay before delinquency all taxes.special assessmente end ali other charges aga�nsf the Praperty '�
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<br /> � •��=�';: . now or hereatter tevied. � �
<br /> � ,L�.s._ , .. ,..
<br /> �%•a�� .•:•-� :,.,: 4. haunnc�.To keepthA P�operty lnsured aqainst d�mage by fire.haaards inCfuded within the term"extended coverage",and !
<br /> • -� �*';4e° • auch other hazards aa Lender may require,in amounis and wlth companies acceptable to Lender,naming Lender asan additionat � .
<br /> ��'•`�^ � ' named io�ured,with toss payabte to the Lender.In case oi loss under such policies,the Lender is authorized to adjusL cot►ect and ` .
<br /> � .,��:��, . .. • �ompromise,atl ctaimsthereunder and shall have the option ot appiying ali or paA ot the insurance proceeds(�)to any lndebtedness ;
<br /> - ��' aecured hereby and in such order as Lender may determine,�ii)to the Trustor to be used tor the repair ar restoration otthe Property i• . .
<br /> '' . . , or(iii)tor any other purpose ar object satistactory to Lender without aftecting tfie tien o1 thla Oeed of Trust tor the full amount seoured ' .
<br /> hereby before auch paymeM ever took place.Any applicaiion o1 proaeeds to indebtedness shatt not extend or pos�one the due °,
<br /> - '� � date ot any payments under the Note,or cure any detault thereunder or hereunder. � •
<br /> �.` � 5. Escrow.Upon wrltten demand by Eender,Trustor shall pay to Lender,in such manner as lender may de9tgnate,sutllcient i •
<br /> ' �'J''"""' � ,' , sums to enabte lender to pay as they becmrre due one or more of the tollowing:(i)al I taxes,aasessments and other charges agalnst i
<br /> - . .- - - tbe Property.(ii)the p[emiume On the pro�insurance required nereunder,and(1ii)the premu^��on any moRgage insurance . �
<br /> • �� requireQ by Lender. � •
<br /> 8. 1/atnMn�ne�,R�p�l►s and Compliane�rrit��aw�.Truator ahalt keep the Propeny in good oondiL'drt and repair;shall , .
<br /> -. '�, ° ; � prompUy repalr,or replace any improvefi�ent whiCh may be damaged oi destroy�shal!not Commit or perm;�any waste or .
<br /> ';;;.`�,,.^-'��`-' deterloratton of the Property;ahall not rer..�ve,dematish or substantia'ly alter ani�`*^a�mara4e^'entg on tha property;shall not
<br /> ��,'•'`��'�''� commit,suKtrarpermitanyacttobedor.er�rarupanthePropertylnv:o!a!rortofanyla�iv,z�C=r•2r.c�:rregutaUOn;andshatlpayand _
<br /> ' �,:�s.�,`.�, ::�� : prompUy discharge at 7rustor's cost and expense all liens,encumbr^:es and cha�ges tev:ee.i.:�GSed or assessed agains!the ;
<br />: 1�.;'� � •..,... - � ' �,
<br /> : ... Property or any part thereof. . . • .
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<br /> � � . "Proceeds'y In connection with condemnatian orother tahing of the Property or par!thereot,or tar conveyanCe in lieu alcondemna- '
<br /> . � J, : , � Uan.Lender shatl be entitted at its optio»to commente 2ippear In and prosecute in its own rtame any actfon or proceedings.and �
<br /> aha11 also be entWed to make any campromise or settlement in eonneotion with sucb takirtg or damags.ln the event any portlon ot
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