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<br /> � TIYe TRU3TO�t daos hc�Lemy covsn�nt and aqre� with tho TRU3TEE -
<br /> e�
<br /> ' ht and lawful "'�`
<br /> and DENEFIGII�RX that DUBYO�e��' hat it h sy goodZ rig nd � � owne
<br /> �� o f t h e a bove-described p p Yi remisos l,�;,,�
<br /> flu�horit a�°d clear o� a13nl�.eyzs and�� umbxances t an further, that
<br /> � are frae remises forever �,�._-
<br /> ,-�:��T ' TRU3TOR will waxrant and defend the title to said p _ _
<br /> erson� whomsoever. `'°°
<br /> �� against the claim� of all p ,�-:_;.
<br /> �;� For the purpoae of securing pErformRnce of each agreemeat of ��_
<br /> Y TRUSTOR nerei.n contained and the payment of TWO HUNDRED FIVE
<br /> 'r."-f-
<br /> the TRUSTOR has =•
<br /> �� ` TE30U:AND TWO HU�JDREV DOLLARS ($�05 ,200.00), F=��
<br /> � e�cecu�ed a Promissory Note bearinq even date, at the rate of
<br /> :�;,
<br /> � intexest and on the terms and conditions as set forth in au�le°in _
<br /> � until paid. The principal sum and i..nteres� shall be p y
<br /> accordance with and upon the terms and coizdition� of said Note of
<br /> ?'`��-�� even date, and in any event the 8�ai� be=paid aon Decembera3e __
<br /> ' `�-� �ie�ceunde� and any accrued interest s l�ed firsL• to ,
<br /> ,^'-�-.-�� 2002. All installment payments hereundar s�onl he aunpaid balancs,
<br /> ; " � the p yl►► a co of which has bean
<br /> a ent of intereat computed annually
<br /> _:�.,,,.* p u r suant to an amortizatioa�i e s�h e r e t o, and renainder of each -
<br /> �:' provided to each of the p rinci al. All
<br /> ��,.�.,,,,.• payment of each installment to b� applied to p P
<br /> -•'�' ' paymente duQ hereunder shall be paid at the residence of thQ
<br />-�"�`��`:��• `� , BENEFICIA.RY or the holder of said security shall designate in
<br /> -�::�;�; wrciting. _
<br />;_y�;:. �� • arties hereto that while
<br /> -x �.• and between the p
<br />�'Y'� • , It is aqreed by of Notice of
<br /> _ _�;M1���`. , �ft2� �e yeated in the TRUSTEE and until fi.ling
<br /> �':��rA.- Default, the TRUSTOR s�all:
<br />.��w.'�K;.�.��-�:_; .
<br /> ���!'::�+��' A. Retain possession of the property at all times, except as may
<br /> _--.-- be other�aise agre�d by the parties in writing.
<br /> -w�;� B. M�intain the buildinq and its improvements in qood condition
<br /> ---�-�--�� and repair.
<br /> _����,�_�
<br /> -��=zY�=_ �, pay all general and special tax�s and all special aesessments
<br /> __�r�.� o� every kind leviod or assQ nd to deli er t u SEI�ICFICIARY
<br /> _"„y�_�=; property before delinquency a Qnt of such taxes.
<br /> _ :_.:;�{��� capi.es of receipta showinc� p Ym
<br /> ------ D, procure and mainta�n policies of all-risk it��uLanc:. on sa?d
<br /> �� � improvements, in siuns and underwritten by compantes acceptable
<br /> __-�� to the BENEFICIARY, in an �OUwhich polic ea ahall name the
<br /> - _— Thoueand Dollars ($200,000.00), With the loss proceeds
<br /> ^-V _ _.� BENEFICIARY as additional ine�sreds,
<br /> payable to the parties as their iaterests may appear
<br /> - - � horeunde oliciesTor certifica es�ofdinsuranceIduring the term
<br /> --,�.,,�„�__� of such p licies of insurance may not be
<br /> -�"_°r��,.; of this indebs laecarriErcwithout fifteen (15) days wr:ltten
<br /> -���– canceled by
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