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HomeMy WebLinkAbout0580 i ~ 4 ~ . , ~ 1 j ~ I ~ 1. To the payment of the costs and expensea thereof, includin~ j I l k reasonable compensation to the Truatee, hie a~ents, attorneys ~ i~ and counsel, and all other expenses, advances and liabilities ~ ~ ; made or incurred by the Trustee in managing and maintaining 1° the property, including all such suma ae ahall have been paid . for the chargea, liens, insurance, repairs, if any, and the ~ t; ' protection and preservation of the security with interest ~ i . , i~ thereon as hereinabove provided. i 2. To the payment of the principal and accrued interest of and upon said bonda ~-~...:t preference or priority which shall ~ !i - i! then be outstand_.~ aud unpaid, whether the same by the tenor i: thereof be then due or to become due, and if such proceeds be ~ not sufficient to pay such amount in full. to pay such principal I and interest prorata without preference or priority of one bond ~ i` ~ over another. ~ ~ _ 3~ Any residue, payable to the Church. j ~ E ~ RELEASE OF PAYMENT j ~ . ; If said Church shall well and truly make all the payments and perform ~ :;all the covenants and agreements herein and in said bonds undertaken to be made ~ i ~ I +~or performed by them or either of them, then these presents and the estate here- ti ~ i ;by granted shall terminate and be null and void, and upon proof thereof being ~ :~given to the satisfaction of the Trustee and upon payment of all costs, charges y ~ t i ' ~`and expenses incurred by the Trustee in relation thereof and the Trustee shall f deliver to the Church, or to whomaoever may then be entitled thereto, all the ' I ~ ''property in his hands subject to this indenture and shall cancel and satisfy ~ ; ~ I ~ this Deed of Trust of record, but at the cost and expense of the Church. : ~ ; ~ ~ ~ In every case of payment of the bonds and coupons hereby secured. ~ : said bonds and coupons ao paid ahall be forthwith surrendered to the Trustee ~ ~ # ~ I ~ ° to be by him cancelled and delivered to, upon the order of, the Church. ! ~ ~ ~ . ~ ~ ~ ~ f 4 ~ ~ ~ i ~ i i j ~s~ ~f t ~ t ~ ~ ~ ( • ' I ~ ~ ~ ~ ~ _ ~ _ ~rt: ~ . :r ~ ~ - _ ~ ~ ~a ~ ~ ~ - ~