|
�. . ..
<br /> � " _ _ :.��A �;f_,
<br /> � �,�.-�-��.�r-:--- _ ._. _. ... ;,.��
<br /> � �e'�Q�I� . ._ , �..�.c+c� - — �A..�—�arnwiis+c= � . . ;�;�,;::�r"��...,��,
<br /> .��r,,, i G"[_�},
<br /> .;3��.m�:. - _-. • _ _ _ - '`... ,,�t:: .t. ��.
<br /> � �-F3����-- ?-� .��„�'- — -x4�---- ,r-a..:r.w.�,.saa:r,r.�- •�e:_ .�..�' ,] r=' �--
<br /> �� 96-- �U�.�
<br /> TO p1Z4T�CT THti S�CtJRITY OY TliIB D��D OF TRUST:
<br /> 1. PAYt�NT � INDBBTSDNSS9. Truatora �hall pay wh�n du� th� prinoipal of,
<br /> and the intereot on, the indebt���� �vidonc�d by ths �lot�, charQ��, !N� aad
<br /> ali ot3isr suaw ao providad ia tb� Losa Instswrnta.
<br /> �, g�T, !6STATfi TAxBS. Truator� shall pay the aruiu�l rNl •�tat� tsxe• to
<br /> the HaIll t'�ounty Treaeurex belore th� taxea b�caa� Mlinqu�nt aad �hall lurni�la
<br /> tauc re�e�lptc ta B�sieficiary on ar b�lor� Wy i and S�ptsmb�r i �ach yr�ar. In the
<br /> event tha�� speoiai �saeoomento ar� levied again�t ttu pro�rty, the Trustoro
<br /> ehall make the aanusl payarsnta b�tor� th� �am� b�caaN d�liaquu�t as�d provide
<br /> Bessefi�idry tiith a receipt far pay:aeat.
<br /> 3. I�SVRArLCB- LTpon cloaiag, �'ru�tor� stu�li pravid� �nd pay th� pr�miums
<br /> on ccx��prehanaivs liability insuranc� covering ttu yramiw■ snd prot�ctiag ths
<br /> Benefici�ry ar►d Tniatora fram all ciaim�, d�musd�, laM�uit�. �nd judg�a�to
<br /> ariping ov,t of injury to psracaa or dami►g� to pro�rty occurrinq or� t2s�
<br /> proQerty. The coverage ehall bs in an amo�uit of aot l��s than 5500,000 •ingle
<br /> limit for bodily injury euid proparty damage. Such policy shall nueM 8�nstici�ry
<br /> and Truators as ineuseds as their intereata ma�y app�az, sr�d 8��liciazy �2is11 be
<br /> provid�d witt� a Certificate of inauruna� or duplicat� coQy �hoMing th� i�surance
<br /> to be in f�l� forr,e and eftect at a►il timss during th� t�za� o! t2�i� D��d o!
<br /> Trtut.
<br /> 4, s4:'!'30N� 3�.aFS 3N(3 TRQS'3' BSTA'!"�. Ttv/tOx� shall a�ar in aTid COntw/t
<br /> any a�ctian or proceeding gurporting to slfect th� ucurity h�raot or th� riqht•
<br /> or po�rer� ot Beae�iciary or Trustee, a�nd ahaii p�y �il c�t� euzd ��s��,
<br /> inelnc'liog cea� of eviclence of title and attornsy'• f�o�, ia 1�sy �uch aCticn Or
<br /> proceediag in vhach Sarseficiary or Truata� may app�ar. 3houid Tsu�tors lai�i to
<br /> make a►zzy payawnt or to do any act a� and in th� manr►�r provided ia aAy o! th�
<br /> � LO�ti Ilsitri�oints, �B=iCiaxy�cijor izasz��, each in iz�vna d3scr�ziaa, wiEiiiuti.. -. - -
<br /> obligutian, may a�ake or do the eame in sucb �ar�ner aad to �uch extant as •ith�r
<br /> ma�y deaao mecxaaery to protect the aecurity her�ol. Tsustors zhail, fawdi�tt�iy
<br /> upon Mm�a thereYor by Senetfciary, pay all coata a:sd expsrutias iacurr�d by
<br /> tsertarieiazy in Connection ritn iha exurciee by Baneficiasy vi iiNr �oslgvis�g
<br /> righta, includling, vithout limi.tatian, coato o! evidenae o! titia, court co�ts,
<br /> apprai4alo, surveye and attorney'o faas. Any �uch coats aad ex�snw• not paid
<br /> Mithin ten (10f 8a,ya of vritten demaad ahall drax iatere�t at t2as d�fe�ult rat�
<br /> Dravided in the DTOte.
<br /> 5. St�iNBN�° �j�SAIN. 3hould the Tzvst 8atate, or any part th�r0oi or
<br /> int�r�st t3ysrefn, be takess ar damaq�d by r�aseaa o! aray �ubiic iapravseisat or
<br /> cozsdeaienatiaa proceeding, o� in aay other manner ineluding deed in li�u ot
<br /> Conde�¢satiaa� �"Candeanatiaza•1, or shouid Trustor� receivs aay aotic� or oth�r '
<br /> intozm�tia�n regard3ng such proceading, Tru�tora ahall give prc�mpt �►rittui notic�
<br /> tls�rsot' to Ben�ficiary. 8�neficiasy ehall be entitlad te ail ccaipans�tion aad
<br /> cosid�ssatiaa avards �nd other payments or rslis! th�rator, and �hsii b� �ntiti�d
<br /> to make a.-�y caa�ranfee or settlement in aozus�ction Mith auch taking or duatq�.
<br /> All auch c�oopanaation aud cauZeaalation, axarc9a, c3amag�a, rfghta o! actian ar�
<br /> proceeds axarc2ed to Truators ttlse •procesda") are heraby aoaignnd to Bsn�lieiary;
<br /> aad Truotors agreea to e�cecutE such further aoafc,�runenta o! the pror.�ads aa
<br /> Besseficiary or Taustee may req�ire.
<br /> 6. APPOINT��F S��CESSOR TRU�T81a. 8eneficfary may, fram tim� to ti.a�,
<br /> by a Mrittea instnuxnt executed and aekaoMledged by Ban�ficiary, mail�d to
<br />- Tauatora and recorQed in t�e Co1.r�ty in xhich ths Truat �atat� io lacst�d �nd b�r
<br /> otlse=xfae cromplyfng Wit3i tYse proviaiana o! the applicabl� lav o! th� 8tat� ot
<br /> l:ebrao➢�a cubatitutQ a succeasor or succeaaora to the Tzustae nam�d her�ia or
<br />= a�efrr�g �ereuader. •
<br /> 7. SIICCBSSORB��YQfS. This De�d o! Truat appliea to, iaure� to eha
<br /> bpr„e�at ef aad bind9 all partiea hereto, their heira, lsgateeo, d�vis��s,
<br /> gyeraoc.si r�preaantative�, �ucc�arorc and aasigna. The term "Henetieiary" sheii
<br /> meaa tt� o�ssr ar� ho�der of the Note, xhether or not siamsd a� S�n�fioiwry
<br /> heren�_
<br /> B. INSPBCi�iONS. Beneficiary, or her agents, repreasatatives or workmen,
<br /> are as*�orized to enter at any reaaoa�able Cima upon or 3n aay psrt o� tls� Tru�t
<br /> Satate fer the purpose of inepectirbg the oame and !or tha purpor� oY �trlarminq
<br /> aay of the acte sho i4 authorised to parform uader the terms ot ar�y et Chr Laan
<br /> usstrumenta.
<br /> 9. RvttNTS OF DSFAULT. Aay of the folloring �vente Bhnli b�t Q��Md an
<br /> �vont of dafault hereunder:
<br />
|