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<br /> � . . ��:::K�����6 Inst. 96 � � 1 � � „
<br /> � NOW� THEREFORE� '9'0 PRQT
<br /> ECT TH�SECU1�15Y �� Yi�l� D�ED 0!� '�Rll�T, � �`
<br /> � Trustor does for i�imself and for Trustors heirs, rapresentatives, vendees, successors and � ,
<br /> � ��, ._,..:
<br /> assigns, the owners of said Praperty, hereby e S or�g�vendees an�d a signsnd warrant to and
<br /> �"'�"�� w i t h t he Tru s t e e a n d B e n e fl c i a ry,a n d 4 h e i r s u c c e , ..
<br /> . ,� . •.,
<br /> � 1. That the Trustor hareby c�venants and agr�es, to the oxtent permitYed ,. . . .`•.
<br /> �' romptl when duc3 lhe principal and interest and other sums of ,,,.vw.,,,�:
<br /> � by law, as follows; (a) to pay p Y a befora ' 3��-
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<br /> (b) to prompt y p Y ,�,41��
<br /> money provided for in the Note and in this Oeed af Trust; .._ ,,�, __�
<br /> . ....GC{�.�����.:
<br /> delinquency ail taxec, assessments and other charges imposed by law, upon the Property, t e .��r _ __
<br /> �' Tn.�stors interest therein,or upon this �i edfo� heslaxeth n of d eds iof trust oe debts the eby � � :_
<br /> :, event of any change of the law prov � ,,1�.�
<br /> secured so as to �ffPct thfs need of Tn,st, the en6re indebtedness secu�od hereby shall at the ,,5��
<br /> �' option of the Beneflciary be��me d�.3 ��nd pa�abte; (c) to keep the above descriE�ed Pra�arty :• 'y,.l
<br /> and tho improvements theraon in good condition and repair and not to commit or suff�r waste :.;,� . 'f
<br /> , thereof,and except as authorized in any schedule annexed hore�to and forming e part hereof, �;.r
<br /> � � as, minerals, ston@, _�L.:yM-_
<br /> neither to rQmove nor permit the removal of any tirnber, bufldings, oil, g �,;;;�:__ .
<br /> � ry� � � << �re __
<br /> rock, clay, fertllizer, grevnl or top soil wlthout tha prior writtan consent of BeneFicia , d o �
<br /> � maintain and deliver to Beneficiary policies of in�urance against suce�of the Property fesi the -
<br /> and improvements now or hereaf�or idcate en�amountstand with such loss Q�yable clausas ,,�t
<br /> '� Beneficlary shall require, in such comp�nies ___-- -
<br /> ,� as shall be satisfactory to the BeeeC e`rrry'under said policfes and the proceeds the�eof sha �
<br /> _ ��:- ��t�Q�Ar� t� setcle or comprom�s � _
<br /> ���"�� be paid to the Beneflcfary who may appiy the seme or any W��t�Q�a� �� �p?�`�Abtedness �
<br />_ � secured hereby or tr�ward the reconstructeo����8�laim or cih�geI against h Property which
<br />_�; ' � � retease sam�r to the Trustor, (e)To pay Y on demand to the extent provided in 11
<br />'p� �� �.;'•:�'� might take precedence over ti�e lien hereof; (fl topay �aW� ail legal QxQenses, title searches,
<br /> t����µy� ('���'�x��` U.S.C., Sec[ion 506(b� and as othsrwise perrniried by
<br /> .+- ��. .��t�„�.�° Benefictary to cntlac4 the Note or ,_
<br />�,,�.:. •�:�:�:;; appraisai or attnmeys'fee� reasonabiy incurrad or paid by ,_
<br />�' �� . �r foreclose, liquidato, exercis�the power of sale,or athervvise enforce and/or protect the lien of ,'c
<br />;� - � �°'� the Deed of Trust; (g) That in the event Trustor st�alt fail to comply with the provisions of (a) �;-
<br /> ;u., � ; through (� above, the Beneficiary may expend such funds and take ursuant hereto woth
<br /> , ..,,� necessary to remedy sucM �ailure and ail sums p�►id by the Ben�ficiary p _
<br />���r�~°-~� ' interest at the rato hereinafter provided sha11 constitute a lien upon the P�operty, shall be —
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<br />�T. -���"`• •' , secured by this Oeed of Trust,and shall be imrnediately due and repayable to��! gBnoY more ����
<br /> "" ����`..�, (h) not to sell the Property or any portion thereof; or, if the 7rustor is a corp
<br />�--,.i•.�o-ii -..
<br /> tveCrik4:-�.�,.:.
<br />�v��;�};t�,; � than N/A9'o of(ts corporete stock shail be sold, treded, or disposed of to persons other t an e
<br /> = • •":� present owners of such stock prio�to the tirne tt�e Indebtadness secured hereby shall have
<br /> �,:::��::�,� .
<br /> been reduced(exclusive of prepayrnents oth�r than es provided in the safd Note)to$N/A,and
<br />- :�::z�T� in the�rvent of any sale herein prohibited,then ihe entire indebtedness secured by the Deed of -
<br /> „`•:��•��•��'Y � Trust shall, at the option of the Beneficiary becoine due and payabie; (i)that tf the Property or
<br />___ <::;_: .
<br /> �--.-. �: ' any part or parcel thereof shall be takon or damaged under the power of emUont domain, t e --_
<br /> .,�:;�:::�..: -- _—...
<br />-"=���-��w°•-� � award for any Property so taken or darnagad �naluding severance damages to the remain nc� _
<br /> '���"��r�;;°���� � premises) sha61 be pafd to the Beneflctary and applied in full or in part at the option of the
<br />�;,,.��r.`,..';;`;, � -
<br /> Q)that tha Beneii�ary shall ave
<br />- �:�:;.�,;; �� Beneficlary in reduction of the indebtedness t�ereby secured; ��
<br />_{.� . ��,;;,,k the right to inspect the Praperty at such reasonabie Hmes es the Beneficiary ma`k,tha the �'"'=='----
<br /> � � � detertnine Trustor's compliance with the covenanLs contained in this Deed of Trust; w��out ��'�'>'��
<br /> � � Beneficiary may release from the Ilen hereof any part or parcel of the Property _____ __�,u
<br /> � requiring any consideration therefar,and (q tt-�at Trua'�liens and encumbrances exc pt as may �:���-..�
<br />- . r� � property in fee simple,that thQ same are freofrosn ._r=-������:�
<br /> � - Initials: _�"�f�'�`°��``�
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