|
,; .. . , . , .
<br /> 1,� ..... . `�'1_� .
<br /> .� � / , . .' _ -.
<br /> ••.d�'��+:ti�.. � � , _ .. . -,... .. .',xf.:5 r ,�,�t.�
<br /> - ._._ ._.�. . . . ' �.
<br /> . �.�.a.,... ..... ,... . - . .. _—�_.. ._ .
<br /> .•. . �c ... �. . - _ .. -.--...... . _—, -
<br /> .. a.-• . . . ..r,a.a.�u i++Nn+.7k.�detibr- r. -a
<br /> . .. -
<br /> �iktfLut.,......._....__.__.. _.. ....__. . . . ....- . . . . . .. , . ,. ' _J..R'�.
<br /> ,.j ' ".
<br /> �.�-�°'�`_'"?`""�5;��...."'---
<br /> I ,�L ! .
<br /> !
<br /> l ��`� �V�U�� �.
<br /> 1
<br /> . ;
<br /> All of the rente, ieaues and profite, including all rente, royalt. ee,
<br /> � bonuaes and benef its undex� any exieting or future oil, gas or mineral or
<br /> " other leaaee; all easemente and rights of way; all righte of hameatisad
<br /> and homeatead exemption and any eurviving apouae's marital or dietribu-
<br /> � tive ehare, and a11 other con�ingent right9 in and to �aid premiees; and
<br /> Y� heating,
<br /> � A1]. fixtures, improvemente, buildings, and the plumbing,
<br /> .� ventilating and ldgand coreideredaaa aff ixednto�and partaof theWreal -
<br /> -•�^ ehal]. be conetru�: .
<br /> ' Petate. ��'�'
<br /> � All of the foregoing estate, property and �.nterest hEreby conveyed to the __
<br /> � said Truetee io hereinafter collectively referred to as the "Property. "
<br /> r TO HAVE AND TO HOLD the eame unto the said Tr.uetee, Trustee' a aucceesors =
<br /> � and aseigns forever, IN TRUS'P HOWEVER and WITH POWER OF SALE hereby expresaly - .__
<br /> � granted unt� the said Trustee, Trustee'e successora, and assigna for the �
<br /> , purpose of securing: �.
<br /> (a) The payment af Trustor'e juat indebtedneas to Beneficiary in the �
<br /> principal sum of Thirty-two Thousand Dollara ($32, 000.00) for money borrowed,
<br /> with interest thereon, all as evidenced by and in atrict accordance Wbearing --
<br /> ' terms of that certain promiaeory note hereinafter called the "Note",
<br /> even date herewith made payable to the order of Beneficiary, executed by
<br />. �, � Harold F. Rosenkotter, Deborah A. Spaulding, and Pamela J. Roaenkotter, and _
<br /> . providing for the payment of eaid indebtednesa ien�na£laneninetallment of
<br /> �� acceleration of maturity on default in the paym Y _
<br /> nr;nnioal or intereet or in the pexformance of any covenant, agreement or _
<br /> :"�` 4 eoarranty contained in this DeeCl ot �I•rusc;
<br /> � (b) The performance of each agreement, covenant and warranty of Truetor
<br />__ � �� herein contained or in connection w th the indebtednesre hereby secured•mand
<br /> -�"?��``�"' executed by Truat
<br />�''_ :.. s;.,:.
<br /> h;;;�.;,r
<br /> -� �=�i�,
<br /> -�—����- �c� reaf er maid or dvan ed under the t rYma of this Deedtof Trusthicki
<br />__;,,��.,.� may be he P
<br />_ :-L�.
<br />-r':;�=�;,�•,� NOW, THEREFORE, Td PROTECT THE SECURITY OF THIS DEED OF TRUST, Truetor
<br /> `�r"'�`�`"`s does for Trustor and for Truetor.'s heira, representativea, vendee�,
<br /> �J��:;;__� aucceasare and aesigns, the ownera of said Property, hereby expret�sly
<br />_-___�,�.-,�;.�' covenant, agree and warrant to and with the Truetee ax�d Benefiaiary, and
<br />_______—_ �heir succeesore, vendees and assigna:
<br /> �TA � Firat: That the Trustor hereby covenants and agrees, to the extent
<br /> �c1�4i�rs• .
<br /> ���; permitted by law, as follows: (a) to pay promptly when due the principal an `-
<br /> ��--'"x`'�"1e interest and oL-her sums of mQney provided for in the No�e and in tihis Deed o£ `
<br /> ��a� Trust; (b) to promptly pay before deli.nquency a11 taxea, aesessmens�e and
<br /> --�y� other charges impoged by law upon the Property, the Trustor's interest
<br /> -- thereiri, or upon this Deed of Trust or the Note; provided, however, that in
<br /> - — the event of any change of the law providing for the taxation of deeds of
<br /> ��°�� trust or debts thereby secured eo as to af f ect tihie Deed of Truat, the entire
<br /> --�`-�°`�="-�'� indEbtednesa secured hereby shall at the option of the Benef iciary become due _
<br /> :.-:�.x a t ancl payable; (c) to keep the above-deacribed Property and the improvementa _
<br /> -���»;;��, thereon in good conditi�n and repair and not to comm.it or suffer waste __
<br />- - �_,'�;,:. thereof, and except as authorized in any schedule annexed hereto and forming �
<br /> ��:'�_.:- � a part h�reof; (d) to maintain and deliver to Benef iciary policies of -
<br /> � � ��-"" � ineurance against sucln hazarda on the buildinga and improvements now or �
<br /> ' '' hereafter located on or constituting a part of the Prop�rty ae the Beneficia-
<br /> - �� ry shall require, in auch companies and amounta and W hat in theBeventbof __
<br /> '� � clauaes as ehall be satiafactory to the Beneficiary; -�
<br /> ' loes, Beneficiary is expreaely authorized to settle or compromise claims ,s,�
<br /> �'` �_�i under eaid policieg and the pi•oceeds thereof ohall be paid to the Beneficiary
<br />.____
<br /> �L____� .... «�0 9.,Aohtc+r9nc?as aecured hereby �.'�'
<br /> "�;"'� =�; wr�o may apply the same or any pai� ����t��i �.. �. - ----
<br /> ���� ��t` or toward the reconstruction or repair of eaid buildinge and improvemente or
<br /> release same to the Trueeor; (e) to pay any lien, claim or charge against the
<br /> � . ' ,�, Property which might take precedence over the lra�8alror£�attorneyspafees �
<br /> demand all legal expenaea, title searcYies, app
<br /> ----�--- - reasar��bZy ancurred nr paid by Beneficiary to collect the Note or foreclose
<br /> � or protect the lien of thia Deed of Trust; (g) that in the evaizt Trustor
<br /> shall fail to comply with the provi�ions of (a) through (f) above, the .
<br /> . remedycsuch fallure d all eums paid by the Beneficiary pursuant hereto with
<br /> _ �
<br />
|