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<br /> :'�:::�:,;:?��;,:';,1;, upon the Propeztpe the Tzustor'e i.nter�st therein, os �pon tbi,e
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<br /> �:;.",r,;,': ° Deed af Trast or the Note; provided, however, tha� in tY�e event of
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<br /> :-,•:`:�';-:':��<'=' �nny change nf �he law provids.nq for the taxatfon of dee�ls of� trust
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<br /> w� �,;.:.;.:.,'�. or debt� theYebp seCiared 80 8e to BffeCt t�1ie Deed og Tr11et� the
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<br /> -r entire indebLednegs se�cnred t►erebgt shall, at the opt3on of h�
<br /> -- Benefia3.arg. become dns and pay�ble; (c) �o keep .." .
<br /> '-� ab�ne-descsib�al Property aaed �he improvements t�e�eon ia good .,= r
<br /> :' ' cas�xliti.on aad repais and not �o cQmmit or suf fer waete thereof, and
<br /> ` � l�'� except as sutho$ized in anY schedule annexed bereto andl fos�i.ng � ,
<br /> ;'� par� hereaf, neither to reatove nor permit t�e remaval of any �:,
<br /> �. timber. bnildinge, oil, gas, miusrals, atone, roak, clay, ,i,' ,
<br /> �..� :����� � ferti7.izer, gravel or top soil withon� �he prior cvr3.tten consent of �
<br /> . .�.>. olicfes
<br /> `-: ; Benegiciarp: I c l) �o maa.ntai.a� �nd deliver tn Benaf�iaryi vemen�a. "�':.��
<br /> ;t� ` 5 ;i of insnranc8 aqains� snc3���a�cts- ca iche huildings �rcd imp �_� �•=
<br /> ';+',:;`;: , ,�:`- nam or hereatter lcca� on as co�a�.�n�ia� s� ga.� a� the Property , -
<br /> .-,(''.-. ;' .:��:: c�t i.ri ea ��a� aa� less thaa the �r;Y
<br /> ,,;�>:,•:ti.:Y.t�2f , ss the Heneficiarp ��aL� �ata s -.
<br /> ���4`<<.�«;`.�'���. tia�e�. outstandinq ��tc�e:et� hc�eaa snc� ori.� suc� 2oss papable
<br /> � �av.�s ae ahall � �a�€e�?,�=�:o�t �.:L�he HQaefac£e.aty: that ia the -�-�
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<br /> e��g of loss, �t�m�fzfi.�.��is expri;�rssly eta�hos�zc�d to settle og �< <=
<br /> c�m promis3e cl�ims ti�d� ���d policfes �d 4:&c� p�ede �hereo� - _
<br /> � ` ;. shaZ� me �d �o t�Q;��t���Ii who may a�OLs��..�..� or anp part - __
<br /> Y ��a� tot�ar� the '
<br /> . ." �e�of on thra � irJ�Zel�t�ss secnred �?�' ovemeata. or � _ -
<br /> ° ,� °�`` re�vam$truction or .�a�fx'��i� said boi.ldi��.��'� ��_ .. ,_
<br /> . :� �:.;.,.:= rra8r�se eame to t9�'���toF; (e) �=�PaY �Y ��-e�a�:��� or charge _
<br /> � � aqainst the Prope�,:�:��icl�� mi.gbt ��ake precedencc�:��ver tlie lien . _
<br /> � `�� hereof; (f) to pap un de�d all legal expene�s, tii�le searches. - -
<br /> appraisal or attorneys' ':��s reasonably i.ncurred or �aid by =___
<br /> Be�e��iciary to collect the N'ote or foreclose or protect tla+�'�eA °f ° .
<br /> ;;: . Deed of Trast: t9D �at,in the event Tsvstar �hal�• :3fm�.� tm .,
<br /> �� � t��:•, throu h ����. :��o� t�a�<>:::,
<br /> � {'. ���, , with the pravieions oF (a) 9 �
<br /> � '�-' ���,�,�a. may expend eucb �unds and take sucb%.�.��iar�i`��;s i�. r;�� • -- -
<br /> ; �. remedy sueh failnre and a�.�: sum$'�'`�aitg;;;�► the
<br /> ` �t.l.�e gt� here�af�er
<br /> ` `;:fT� �g����'s '� '�s�a�t hereto with i'ta�!��� .�'�� sball be ` -
<br /> '```,`'€��:f�• . . Pr�:ded�all c��ioft�a li�r� �1$,��ze Ps . ,.tzp��ely due aud �� `� .�_.
<br /> �,�,,,.cr:Y;% �eaured by this D��t. T t, a�i,. •:;-'.;,� �, , ;:�--
<br /> ., l,,i, � ��not to 1 the �ro ertp os any ��:-�,;.;t
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<br /> r,�.f, ,. repay�ble ta the Bea�fici bj '. ,�� P
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<br /> ..:,`„�R;;f. ^;. portion thereof without �he appronal of 4.��'��saeficiazy ia wx3lting; ` . __
<br /> �.,�;. aa�d, ia. the event of anp sale herein prohibited, then the entire
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<br /> � ,:; , ��ebtednesa secured bp thxs Deed of Trust ahall, at the option of
<br /> . . � �:,���, ��; the B�meficiarp. become due and payab�e; or•o$¢ o e3.�e c�s�rporate
<br /> • corporation, not �are thaa fifty per cent (5 �
<br /> stock shall be sold, traded, or disposed of to peseoiis ot�es t�an
<br /> .. ..+i:': ';�`.:;' the resent owners of auch stock prior to �.�� �e �debtedaesd .•
<br /> � �:..'�:`�,A, <;�� aeenred heYehp Bh�ll hav� beea seduaed (�usive, of prepAytRents ;;ti: -
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<br /> .;,.� �,� �x �han as pr ,�.� ia tfle sa3�'�+��e� .�'t:��o ��are I 500.00); .
<br /> � � ��,� .�S �,.a�bra;�ted, '��en the entir�� �.
<br /> � .., f �, � t}�,evea��'r�� any es�.e he . ` �
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<br /> . } � . 3,r�dbte��s secured by this Deed�o��Tru3ssi� tgl�all, at the optiaa o� r ;
<br /> � ' ;` : ,' ,; . �� �ae�`�.�i.ary. became due and payable; {��,� that if the �.1�ae�s�Y r � :
<br /> �' ,,,�',�u"';� � , � a�ct or parcel thereof shall ��. �� or dama9ed u��� tt� �` . ' �?.;'
<br /> ; ' �:1, r' ' �'.:'� Y P so takea +c � • ---
<br /> ., � !<', � �r�r of emineat domaiA. �he a�s�a�����:;��e r��n9 Premisea�' :;��. .
<br /> .�"'� �'• .r . � � da3n�ged (including aeveraace d � , _.
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<br /> } ` � . ,.��.:;.:.'�. shall be '�i.d to the Beneficiary a1:d app�9l�.in full oz i.mm past �i��-����.; ..
<br /> � jf�,�:
<br /> ' � �.��• -� ' the optiv r, of the Beneficiary in reduc'�,� of the inafl�ednese ' 1`:. --
<br /> �,.,.};";..., : � . • ;,��1 that the Beneficfary �shal�. have the right �o . � , _
<br /> ,�, �� � Bu9reby s ?�zed,
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<br />- ,.•<:•���!., �s�ect the Pro�p��tty at euch zeaeonable ^�imea ae the Beneffaie�cg .•;•.. _
<br /> �'�'��� ° ' may d�eia� to determine Trustor's campliance wi.th the covenan�r�'� �
<br /> � ���.��,: ' cent.�ia��c�.•z�.m this Deed 4� Truet; (k) that the Hene�iciary m$Y .;. �_
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<br /> ~, � � , r�lea�� ,�irr�a► the lfen t��f any paat.��r parcel of �he L��r?pertY. • .. ..r�.,:"._.
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<br /> � �:` v�£�on� �r�ufring ang� consg�tierntioa� ther�for, and �1� tha�`'�cvnto�� . i:��;.�,�.;;
<br /> ���� �:�: � � �i is Iao�fullp seizgd of eafd pr�.i.sos and Pzoperty in fee► aimg�aa,. . ..��,�. �
<br /> .....�•?. �1a�� the same are free _from ay.8 Ziens aad encumbranaes escc��O� A � , _
<br /> , � • � ,. �p o�l2ozwise be gpeeig�callp notod hc�sc�ia or wef°a�e����h� �
<br /> �be HQnaticfary; �bat �gusto�c aY31I c�xacu�A or Pro �' ,r�'' -
<br />- :,,i.��r'..;;..',� nea@geaxy as�nz��� of tf.itl� and��oas h��ceby warzant qenesall.y ��� -
<br /> � t� � tii�le to ea3.d ri�ogaz�y an� will• foxever defena the eame againa� �I�� _
<br />- � �� �`'`' ��::'2' clafms and demands of a]:Z peseona �ohomsoever, and that Trus�a�'g _
<br /> . . � separate estate, whe�ar vested, contina�ent or in o�eol:ariay, i8 _
<br /> . � � - Ytereby conneyed aad Trnetor does hereb�ssp�Bl dower,a�crustesy, _
<br /> � all rights and benefits of tu�y
<br /> . . � •. aPPraisement, egemption and stay law� of thia state. it is aqreed _
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