|
.�,St•a4.airl�Oi� ' - ^ ° �..:. .....
<br /> - - _— _
<br /> __ _ _ _, __ - .. ..
<br /> � ' ' • ' .t.:-`-_ ..
<br /> ... . , . - .r+.�r._•. -
<br /> l ` u U °C--��p-��e�w�
<br /> .. 1� "f"1 �������1t•�._ ; , t�• _
<br /> - I�.rr.'
<br /> � . '.R �e" r.i �""...
<br /> . ,Q � .
<br /> p� ��� .:�:�� ' 92— �osos�
<br /> - °6° (a� the paymQnt of any swn or eums of money which �
<br /> � F inay be he�seafter paid or advanaed by Benegiaiary undez
<br /> �'Y; th� tarma of this Daad of Truat, toqether with intar��t
<br /> - � y'`� thereon at the rate providad in tho note. �
<br /> ,-;�.: . -
<br /> �������'
<br /> . ,. To proteat tha aeaurity of thie �ead of Trust, �rustor
<br /> � horeby aovenants and eqreaa aa followas �
<br /> ._�'�'r�`�� _ £, --
<br /> 1. Pa ent of Indebtedneas. To pay when due, the prinai-
<br /> �'��a�;� r pal of, an t e nterest on, e indebtedness evidenced by t,�e �-:Y::.
<br /> ���� '" '�Y' note, charges, feee aad all other ewaa aa provided ia the loari Q�t}�
<br /> �,n''�''�k ...�'`, inatrumento.
<br /> .�.=�4 ! . . —
<br /> 2. Title. Trustor ia the owner of the Property and has
<br /> ��'''••�• � � the right and authority tc execute thia Deed of Trust in reepect
<br /> -,�' . . to the Property.
<br />_. Y•: `� ,.
<br /> R�
<br /> � �`�` !��'` 3. T�xes and Asseesments. To pay, when due, all taxes,
<br /> �� � specsial assessmente and a ot er charges agains� the Property, __
<br /> ',��=- -•��� �� .; �-.�• before the same become delinquent, and, in the event Seneficiary 1 -
<br /> - ;; . ahall so require, to add to the paymenta required under the note �"�`'��'"
<br /> ;�'?' secured hereby, auch amount as may be sufficient to enable
<br /> _ � ';` , , , ,"• [_�,,^..
<br /> '�;�. ,: n .,� Beneficiary to pay such taxea, asaessments or other charqes as
<br /> �. . ., they beaome due. ____
<br /> �..:� ---
<br /> . �,�.�...�, 4. Re air Maintenance and Uae. To no� commi� waste on or ---
<br /> ., ,, dau�age to e Property and to use due aare to pravent othere fram
<br /> �} �.• so doinqi to keep the Property in good condition and repairr to
<br />--� � � �� keep the Property free from mechanic's or other liens not
<br /> � ., �;;;,,,, expressly eubordinated to the lien h@reof t to not make, suffer or ���,�.,
<br /> . . :" -° permit any nuisance to exiat nor to diminiah i,r inpair the valua =- —=_-
<br /> of the Property by any act or omission to act= and to comply with
<br /> � �� all requirements of law with respect to the Property. •.
<br /> �'. �.. � 5. Condemnation. In the event the Prop�rty, or any part ��
<br /> � thereof, s a e taken by eminent domain, Beneficiary is __
<br /> k _ ° � entitled to collect and receive all compensation which may be .-,.-
<br /> � ° � paid for any of the Property taken or for damages to the Property ��-�• •
<br /> ;��• � - ��"� not taken, and Beneficiary shall apply such compeneation, at its
<br /> � "'�'' option, either to a reduction of the indebtedness secured hereby _____
<br /> i' �' -� or to repair and rastore the Property so taken. °�u--
<br /> � • � ..
<br /> � 6. Performance b eeneficidr . Beneficiary may, but sh�ll �. �.
<br /> . ��° �C have no obl qation to, do any act which Trustor has agreed but `- _
<br /> ° ' failed to do, and Beneficiary aiay also do any act it deems i;-=._
<br /> � necessary to protect the lien hereof. Trustor agrees to repay, � "'
<br /> upon demand, any swns so expended by Heneficiary for the above �—
<br /> �'"Q •� ' , purposes, and any sum so expended by Benefiaiary shall be added
<br /> n �• to the indebtedness secured hereby and become secured by the lien � �
<br />� �, hereof. Heneficiary shall not incur any personal liability
<br /> `,,;'�--- because of anything it may do or omi.t to do hereunder. ��P"�
<br /> � " • 7. Assi nment of Renta. BeneEiciary shall have the right, .
<br /> power and aut oiity ur nq t e continuance of this Deed of Trust '
<br /> to collect th� rents, issues and profits of the Property and of �
<br /> �' any personal property located thereon with or without taking
<br /> " possession of the Property affected hereby, and Trustor hereby
<br /> absolutely and unconditivnally assigns all such rents, issues and �
<br /> profits to Beneficiary. Beneficiary, however, hereby consents to
<br /> � ' Trustor's collection and retention of such r�nts, issues and
<br /> � � , profits as they accrue and become payable, so lonq as Trustor is
<br /> ' not, at such time, in default with respect to payment of any
<br /> � � � indebtedness secured hereby, or in the performance of any agree-
<br /> ment hereunder. If any �vent of default described hereafter in
<br /> J _� _o _ti._,, ..__... .�..i ...�3 s.n ...,n_ .
<br /> ' — - - —1 respeci LC1 Gtii� uccu vi iaub� aaaaii a�avc V\r�rY�ii�.� :.... .... �...-
<br /> � tinuing, Beneficiary, ds a matter vf right and without notice to
<br /> � Trustor or anyone claimitiq under Trustor, and without r�gard to
<br /> the value of th�: trust tstate or the interest of th� Tr.ustor
<br /> � ther�in, shall have th� riqht to a�ply to any court havinq juris-
<br /> diction to appoint a receiver of the Prvperty.
<br /> .,�� S. Ins ectiont�. Beneficidry, or its agents, represent3-
<br /> , Livas or wor�men, are authoriz�d tu entei �t any reasonable time
<br /> � ° ,� upon or in any part ur the Prop�rty for the purpusc: ot inspecting
<br /> fi � .1 -2- ,
<br /> .,
<br /> . �
<br />
|