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<br /> ` , • l. Pavment of Indebtedness. Ta pay wh�en due, the prinai- °"� -. .
<br /> � . , gal of, and the in�erest oa, the iadebtedness evidenced bp the �``� �� � ...
<br /> ' , note, c�arges, f�as and all ot�xer suma as provided ia the loan •°e,':�
<br /> . .. i.astrumente. �
<br /> : • ,� .
<br /> �.4.� . ,',t� i:'.:t��
<br />-. • �. ,�: . ;� 2. tle. Trustor i.e the owaer of the property and has the - :
<br /> ° .-=�' � riqht aad authority to execute this Deed of Truet in reepect to '
<br />� � ��"°"_=� the property. The lien created bp t h is Dee d o f Trus� ie s u bjec t - �' �
<br /> •' � y;' . •• �
<br /> - ----�=°i' �o a prior Deed og Trust giled agaix�et said real estate in favar =---�`----:--`_-
<br /> . . 4' __.-' . ,
<br />- .. of Robert G. Wenzl and ReDaurta R. Wenal, husband sud v�ife, aad �. � `� ;r:`��'
<br /> t' . - ��'�,� � recorded in the Office of f.he Hall Countp ltegister of Deeds as ��`''���"-�:�.
<br /> - Doaument No. 95-10508A. �f `
<br /> :�.
<br /> 4 � :. . 3. Taxes and Assessmentso To pap, when due, all �axes, _ ` '"�-�",_
<br /> special asaesemeats and all other cbarqes against the Propertp, , -- _
<br /> _ �� begore the same become delinquent, aad, fn the eee.at B�ne¢icisry •
<br /> ehall so require, to add to the pay�tents required uader the note =
<br /> -; ,° ��' �J� ���� secured herebp, guch amonnt as map be sufficient to enable Hene- . ' �-`��_
<br /> . ficisry to pap sucb taxes, assesamen�s or other cha�rqes as thep � ":'°_'-
<br /> � • � become due. -%�r:
<br /> ' ��°'� _-
<br />� � � . � ,,; 4. Repair. Maintenance and IIse. To aot aou�i.t V�aete on or � �' �f`-�
<br /> _ . . . ,:.:,� damage to the Property and ta uee due care to preveat o�hers from "`'::E�-.:=-
<br /> _- �:-.:
<br />=`- --�-� �- "� ��� so dofnq; to keep the Property in qoad conditioa and repair; to ��.��-°--
<br /> " �` ���� keep the Property frea from iuec�iani.cs or cther liena aot ex-
<br /> . . ..At':�� .
<br /> � ' � pressly subordinated to the lien hereof; to aot make, suffer or
<br /> �•' � permit any nuisance to exist nor to c�iminish ar 3.mpair the va].ue '"`'�'
<br /> ``. -: `. �= of tge Property by aay aat or amission to act; aad to camplp with � " '�-- F
<br /> . _;,`::, all requixements of law with zespect to the PropeYty. _--_ --
<br /> : f. —
<br /> � .-.- 5. Inaurance. At all times during �he term hereof to keep -=
<br /> .-... . ..._ the Property insured aqai.net damaqe bp fire, hazards included __
<br /> . � within the term "extended coverage", and such other hazards as _-_�
<br /> - � . Henegiciary may requise, in an amount of not less than the se- ��`��,�_
<br /> � • plaaeueent value thereof and with aompaniea acceptable to Henefi- -
<br /> . .. afary, including a e�andard mortqagee clause with loss payable to . _
<br />�;%a.-r ��.• �= _ ' the Henef3ciarp and containinq an additional provisioa �hat the : ---
<br /> . , • ' policy cannot be cancelled without prior written notice to the � � .•. �=�-�:�;
<br /> � � Beneficiary. In case of loss under euch policies, the Benefici- �'� �� �='_-
<br /> ,: ,.� . . :�:�;,
<br /> ary is authorized to adjust, collect and compromise all claims : ..,�-
<br />_ �- .. � thereunder and ehall have the option of applying all or part of � -=
<br />. the insurance proceeds (i) to any indebtednesa secured hereby and =_.
<br /> � ia such order as Heneficiary may determi.ne,� (ii) to the Trustor "' �
<br />� ' �:.�:'� �� to be used for the repair or reatoration of t.l� Property or g.n.ii) - -
<br /> �"���` '��''���, �.._ for aay other purpoge or ob ject eatiefaa�ory to Heneficiary with- ' ',. �-�
<br /> . out affectiag the lien of thia Deed of Trust for the full au¢ount '� .��`°_
<br /> .,•t. :- ,.
<br /> � � :-',;., aecured hereby before aucb paymeat ever took place. Any appliea- �.. ' --
<br /> . tion of proaeeds to fndebtedness ehall not extend or postpoae the ' . � �
<br /> • � � ' due date of any payments undez the Note, or cure any default �
<br /> � �% �.. thereunder or hereunder.
<br /> �� , .,..
<br /> . 6. Condemnation. Iu the event the Property, or aay part - .
<br /> � � ' thereof, shall be taken by eminent domain, Benefiaiary is eAti- ' '' ,
<br /> ,.- � : tLed to collect and receive all compeneatio�a Fihich may be paid 1�',� � �.
<br /> :.,:;,� for anp Proge�ty taken nr for damaqes to Pra�ertp not taken, and � �,
<br />-. ,:. . • � "� genefiaiary.shall apply auch compeneation, at ite option, either . _ , �
<br /> to a reduction of the indebtedneea aeaiired hereby or to repair _ ;;';�:.�
<br /> . . : and restore the Property ao taken. � .
<br /> .,,•
<br /> � . 7. Pesformance by BeneficiarY. Benefi�ciary may, but shall . .
<br /> _ have no obligation to, do aay act whiah Truetor hae agreed bu� - � �;�-:
<br /> � , failed to do, and Beneficiary may also do any act it deems neces- . •
<br /> sary to protect the lien hereof. Truator agreee to repay, upon � . •
<br /> _-= demand, any sume ao expended by Beneficiary for the above pur- �
<br /> � poaes, and sny sum so expended by Henefici�ry ehall be added to
<br /> • • . . ' the indebtednese secured hereby and become secured by the lien _
<br /> � � hereof. Heneficiary shall not incur any personal liability be- . .
<br /> . , cause of anything it may do or omit to do hereuttder. . . .
<br /> �: �� 8. Aseiqnment of Renta. Benefiaiary shall have the right, ' .
<br /> . •. . J power and authority durinq tha continuance of thie Deed of Trnst
<br /> � � � to aollect tha rents, issues and profits of the Property and of � . '
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