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<br /> ' running aZong and upon said East line in a Norther�y d3rection a ; ' �`�� `Y�
<br />- � �• ' diatance of 70 feet; thence turning and running in a Weeterly t . ��' `` ` "
<br /> � . � .' direction parallel to the South line of said 3autheaet Quarter �� � �'`��"�° . . :
<br /> - � =5 (SE}d), a distance of 264 feet; thence turning and runni�ag South ' ��; :�
<br /> � �.� .. . ;:�.
<br /> °.<< . , parallel to the East line of said Southeast Quarter (SE�? , a , . � .,`�:��°,.�
<br /> �' �. distance of 7U feet; thence running in an Easterly direction and , i�
<br /> -�-- �,=.,��>� running parallel to the South line of eaid Southeaet Quarter (SE�f)
<br /> - �-�:��- a distance of 264 feet to the point of beginning. , ��:�`-
<br /> �.,.
<br /> � �- ` • TOGETHER with and including alI and eingular the tenements, heredita- '�,:��� ,.. �_ �.:
<br /> �� . , _ meats, appurtenances and privilegea thereunto belonging or in anywise � �� , �
<br /> ' = "� :-- �� - appertaining, v�hether ncw or hereafter acquired, which shall include, without � � ��`
<br /> 5.. . �:
<br /> � . limiting the generality of the foregoing, the follawing: . �,C.�; . -
<br /> c� �`� � � �� � All of the rents, issues and grofits, including all rents, rojraltiea, � � .:
<br /> •:�' � �� � - bonuges and benefite under any existing or guture oil, gas or mineral or � • �"��` "
<br /> ` ? � � '��`�'` other leases; all easements and righte af way; a11 rights of homestead `�� � ,� ' ��-`
<br /> : Ya.«.-.�.-_
<br />���� �- : , . and homestead exemptian and any surviving spouse's marital or distribu- . . ---
<br /> �.: � ,. ` � . - . tive share, and alI other contingent rights in and to said premises; and �' ��`'�
<br /> �..::. ... . .. .. r • _=
<br /> _,-� ` `� `_ All fixtures, improvements, buildinga, and the plumbing, heating, . _•
<br /> ' t .�..:-�_:
<br /> _„ � � ��. . ventilati.ng and lighting syatems and equipment therein, all of which � --
<br /> �-;-i--�:_ --
<br /> '-' �- -��-��:{�'�---- shall be coras�ru�d and conaidered as aff ixed to aud paxt of the real . �;—
<br /> �'.� � � ��= estate. ,, ' �.��
<br /> ,. , . ,. �
<br /> _. . .: .r..: • •
<br /> ���T � �.'�s'` All of the foregoing estate, property and interest hereby conveyed to the • , ' .. r�:��=
<br /> �' -�- �� F.� said Trustee is hereinafter collectively referred to as the "Property. " ��,. }'�-�~`--
<br /> �`• `r�', _
<br /> `l, _�..
<br /> '?•'� �. �.. � TO HAVE AND TO FiOLD the same unto the said Truatee, Trustee's successora . __ _
<br />-r � � ' and assigns forever, IN TRIIST HOWEVER and WITH POWgR OF SALE hereby expressly `�r.�',° _-
<br /> ��--��-����� - granted un.to the said Truatee, Truatee's successors, and asaigns for the '�:; i..` �:�' ----
<br /> � • purpose of securing: _
<br /> .,;;:;,;.. . ., ', . ---;
<br /> - '.,�,f��:�• ' ' �a) The pay�nent of Trustor's just indebtedness to Beneficiary in the ��-���"`
<br /> t'�:�f'. �: . �. "'�, principal aum oE Fifty-aeven Thousand Five Hundred Dollara i$57,500.00) for ��� - ��
<br /> �_'-� '� �� � ��� �`�� money borrowed, with interest thereon, a�3.1 as evidenced by and in strict �-��y` �� --
<br /> . �'�'"; . ."
<br /> � , accordance with the terms of that certain promissory note hereinafter called ___
<br /> � � the "Note", bearing even date herewith made payable to the order of � . , � .;r�f
<br /> ;,�.:.
<br /> , � � �� � Beneficiary, executed by Timothy L. (3randon and EzellLuen Z. Fox, and . ����'
<br /> ' providing for the payment of aaid 3ndebtedness in installmente, subject to . . '`:�'
<br /> -- �' - - acceleration of maturity _on default in the payment of any installment of - __._.___ ---
<br /> .,':�. �� � princfpal or intereat or in the performance of any covenant, agreement or . __-
<br />':':< ��t � ., warranty contained in thia Deed of Trust; - ,�_
<br /> .1:. •..,. _
<br />_zr �,.,.
<br /> `;�+", � � (b) The pe�formance of each agreement, covenant and warranty of Trustor ``� �, ' ��
<br /> •:;•;;;, . . �, � �..; � :�;�
<br /> � , herein contained or set forth in the Note or any agreemeat or instrument � �_,�,,._..
<br /> ' . . �'.�. executed by Trustor in connection with the indebtedneas hereby secured; and "-��r�
<br /> �•n�'.. • �� � �
<br /> ' � � � (c) The payment of any aum or auma of money with interest thereon which , .�'�. ',
<br /> ... � . • may be hereafter paid or advanced under the terma of thie Deed of Trust. • . . .
<br /> � � �. NOW, THEREFORE, TO PROTECT THE SECURITY OF 3'HIS DEED OF TRUST, Truator `: . ,
<br /> ;. `., . doea for Trustor and for Trustor'a heirs, rep�ceaentativea, vendees, � � �:
<br /> � ,,,: � succeseors and aesigna, the ownera of said Property, hexeby expressly �. : �:� . .�
<br /> .
<br /> ;•-,.:: . '- � covenant, agree and warrant to a.;,3 with the Truatee and Beneficiary, and� .__- - :--=� �
<br /> ;.. : . . their successors, vendees and assigns: .. •
<br />�..��. � First: That the Trustor hereby covenants and agreea, to the extent � • �
<br />��' permitted by law, ae follows: (al to pay promptly when due the principal and �. •
<br /> =� . . intereat and other sums of money provided for in the Note and in this Deed of .. • . .
<br /> '�.`�� � Truat; (b) to promptly pay before delinquency all taxes, assessments and � .
<br /> ' other chargea impoaed by law upon the Property, the Trustor's interest � •
<br /> � � �� 'therein, ar upon this Deed of Trust or the Note; provided, lzowever, that in
<br /> . the event of any change af the law providing for the taxation of deeda of � •
<br /> ��::: �, .� truat or debts thereby secured so as to affect this Deed of Trust, the entire . . �
<br /> . . indebtedness secured hereby shall at the option of the Beneficiary become due
<br /> . . and payable; (c) to keep the above-described Property and the improvemente �.
<br /> °t�`�� � • thereon in good condition and repair and not to commit or suffer waste •
<br /> . . � .� thereof, and except as authorized in any schedule annexed hereto and forming . . .
<br /> a part hereof; (d) to maintain and deliver to Beneficiary policies of
<br /> ,�; , � insurance againgt such hazarda on the buildings and improvem�nta now or �. � ,
<br /> � hereafter located on or constituting a part of the Property as the Beneficia- � ,
<br /> �. . �
<br /> _ , _
<br /> ---� -
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