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<br /> . ' TOGET`HER aith all the improvements now or hem�r erected on the property, and all easemeats, . , .
<br /> • :.::% ri and pmfits,water, water rights, and water
<br /> rigWs,�p�ut��, rends,rayalties, minerel, 0�1 and Sas P� all of which, including replacemeats and �_£ -, -
<br /> . --` , stock, and all � now or hereafter aaached to the pmpe�Y. ,t °'� .
<br /> �. . . , addirions thereto.shall be deemed w be and remain a pazt of the PropertY cm+ered by this Deed of Tnut;and aIi ..
<br /> � • of ihe foregoing, toged�er with said properry(or lease h o l d e s t a t e i f this Dced of Tmsc is on a leasehol�are ,
<br /> `t � . herein referre�l to as the'PrapertY•° .�u , .
<br /> ' ' • conve ed and has the right to . . .<.. , ;•.<
<br /> . that Borrowec is lawfully sei�ed of ths estate lierebY Y �� •`� . .
<br /> �, � Borrower coveaanu ���be�wrth the excepdon of those items.if �� :F; "
<br /> '��`��;
<br />_ � . 'r mortgage,grant and co�eY the PropertY.that the ProFertl+ g I.ender•s imerest in the ' .
<br />- • • a�ry, listed in a schednle of excepnons w caverage in a�r dtte�����Y�title w the `' c �`.=-+`�
<br /> � and that Borrower w�l : ,� �. '_.'_-
<br /> =r; , . ,.,. pcoperty or of record on the date hereof, �, declarations, easeme�s or . .4 • , -�_=:.�-
<br /> ` . . pm,perty against all claims and demands. snbject to any mortgag�s, t.` . •,'��-.;-.
<br /> �.-
<br /> < resoricdons . -
<br /> K►. _'
<br />- `.` �v��� Borrower shall pmmPtty pay w�en �e without setoff, `°�
<br /> Qy Prtncr mrd Intesest, w the A meni • --
<br /> ' �, reco ment or deducti�P�P�of and intcrst on the indebtedness u�curred pursuant � � -__
<br /> � w ether with airy fees and cha�rges as provided in the Agreement. `� �.
<br /> ' ; (inclnding futnre advances), g - '. ---s
<br /> � � '. �r.TT_
<br /> •.. ' _;�: 2. Applic�on of Paymenu. Ualess applicable law provides o�herwise, a11 PaYmeats received by ,. . � --
<br /> � •,,. ment and para8raphl hereof shall be appTied by Lender fttst in payment of a�+adwdnc�
<br /> . Lender�der the Agree �` '�="_��
<br /> . . . made by Lender pu:suant to this Deed of Tmst,thea to fees and charges an d interest paya b l e p v r s u a n t t o t h e
<br /> � `, . „ pgreement.thea w the priaciPal amounts outstandinS under the Agceement. 'T�-
<br /> 3. Cfimges�Llens. Borrower shall promptlY PaY or canse to be paid all taxes.assessments and other �.�.,�,
<br /> � . . charges, Fines and imPositions attn'bwai�le w the PropertY which may attain a priorIty over this Deed of Tn�st, , -_-__
<br /> `• aad leas�hotd payments or grrnmd rents,if anY.including all payments due under aay mortgagc disclosed by aaY --
<br /> `� . � ;" dtle in.surance policy�nswcing Lender's interest in the Property or of record on the date hereof. Eoaower shalI, �;,-4-_
<br /> �. ' promptly tt�mish w Lender a ll no t i c e s of amoa�s dne under this paragraph and recelpts evidencing such . ;�.
<br /> . � - , - � paymeats. Born>wer shaU promptly discharge anyr lien which has prlorlry over this Deed of Trust,except for the �'�� . ,;�'.,���.�
<br /> ` msUring Lender's interest in the PmperiY; `,•¢.
<br /> _ .: disclosed by any tide insivance PolicY � or of �,-r,.;�
<br /> � Hen of a�►mortgage .
<br /> .. . ._ : .
<br /> record on the date hereaf;Provided,that Borrower sball not be reqnired to discharge any such lten so Iong as . :.ri:-�;.
<br /> . � . ��_
<br /> ' ` Bortower sball agree in wdtinS to the payment of the obligation secured by such lien in a manner acceptable to ,,��:_,
<br /> ;, .,,�.�-
<br /> � � � .; Lender. or shall in good faith contest such lten by, or defend enforcement of such liea in, legal pmceedings •�;;.�:,:_._•
<br /> , . ahich opetate to prevem the enforcement of the lien or forfeinue of the Praperty or any part thereof. ,_�y�-
<br /> ��-
<br /> . 4. He�ard In���mce. Basower shall keep the improvemenu aow eaistinS or hereaRer erected on .. :;�
<br /> � , . the PcopenY insured against toss by fue,bazards incladed withia the term'exieaded caverage." and sucL other � '.'�=
<br /> . hazards as l.ender may require and'u►such amounrs and for such periods as I.ender may require;Pmvlded,that
<br /> �� -:---=_;•=-' Lender shall not requlre that the amowit of such coverage exceed tbat amount of coverage required to paY thc : :..�
<br /> _._._ -
<br /> - � • sums secured by this Deed of Trust and aay other mortgage on the Property.
<br /> . . , . ; Tpe ;nsuranae carrier providing the iasurance sha11 be chosen by Bonawer subject w approval of ; . '
<br /> � L e n d e s;p r o v i d e d,t h a t s u c h a p p roval shaU not be wueasonably witbheld. A11 premiums on ins�uance P°licies . .
<br /> , . � . ' ' shall be p�id in a timely manner when due. • .
<br /> pU insurance policies and renewals thereof shall be in form acceptab2e w I.ender and sha11 include a
<br /> � Lender sLall
<br /> � ' standard mongage clause in favor of and in form acceptable to l.ender. Upon request of L,ender, . • • .
<br /> ,.,: i have the rlght to hold the policies and renewals thereof, and Boaower shall prompdY furnisb to 1-ender al� . .
<br /> �` renewal notices and aii:eceipts of pald premiums. 1n the event of loss,Bonower shall glve prompt notice to the . �
<br /> . � � insUrance carrier and Lender. Lender may make proof of loss if not made promptty by Bonower. • :
<br /> • •� — - � . ..
<br /> ;: . •, �
<br /> , 2 lnitials: .� I- . �� '
<br /> • . � � ABNEDT(I/98)
<br /> , � ;�• .
<br /> . � ABNEDT(1/98) 1500020059885 �
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