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<br />200002094
<br />Beneficiary to the purchaser or Beneficiary.
<br />f. He will keep the said premises in as good order and condition as they are now and will not commit
<br />or Permit any waste thereof, reasonable wear and tear excepted, and in the evens of the failure it
<br />the Truster to keep the buildings On said premises and those to be erected event
<br />said premises, or
<br />improvements thereon, in good repair, the Beneficiary may make such repairs as in the Beneficiary's
<br />discretion it may deem neccssary for the proper preservation thereof, and ray sums paid for such
<br />repairs shalt bear interest from the date of payment at the rate specafted in the note, shall be due
<br />and payable on demand and shall be fully secured by this Deed of 'Trust.
<br />g• He will not without the prior written consent of the Beneficiary voluntarily create or permit to be
<br />created against the property subject to this Deed of Trust any liens inferior or superior to the lien
<br />of this Deed of Trust and further that he will keep and maintain the same free from the claim of all
<br />Persons supplying labor or materials which will enter into the construction of any and all buildings
<br />now being erected or to be erected on said premises,
<br />h. Ile will not rent or assign any part of the rent of said property or demolish, remove, or substantially
<br />alter any building without the written consent of the Beneficiary.
<br />9. In the event the Trustor fails to pay any Federal, state, or local tax assessment, income tau or other tax lien,
<br />charge, fee, or other expense charged to the property hereinabove described, the Beneficiary is hereby authorized to pay
<br />the same and any sum so paid by the Beneficiary shall be added to and become a part of the principal amount of the
<br />indebtedness evidenced by said promissory note. If the Trustor shall pay and discharge the indebtedness evidenced by
<br />said promissory note, and shall pay such sums and shall discharge all taxes and Hens and the costs, fees, and expenses
<br />of making, enforcing and executing this Deed of Trust, then, upon written request of Beneficiary and the surrender of
<br />the Deed of Trust and the note to the Trustee, the Trustee shall, after payment by Trustor of the Trustee's fees, reconvey
<br />the property to the Trustor, or to the person or persons legally entitled thereto.
<br />10. The Trustor covenants that he is lawfully seized and possessed of and has the right to sell and convey said
<br />property; that the same is fee from all encumbrances except liens and encumbrances now of record; and that he hereby
<br />binds himself and his successors in interest to warrant and defend the title aforesaid thereto and every part thereof
<br />against the lawful claims of all persons whomsoever.
<br />U. For better security of the indebtedness hereby secured the Trustor, upon the request of the Beneficiary, its
<br />execute successors or assigns, shall and deliver a supplemental mortgage or mortgages covering . any additions,
<br />improvements, or betterments made to the property hereinabove described and all property acquired after the date
<br />hereof (all in form satisfactory to Grantee). Furthermore, should Trustor fail to cure any default in the payment of a
<br />prior or inferior encumbrance on the property de 'bed by this instrument, Trustor hereby agrees to permit Beneficiary
<br />to cure such default, but Beneficiary is not obligateZ to do so; and such advances shall become part of the indebtedness
<br />secured by this instrument, subject to the same terms and conditions.
<br />12, That all awards of damages in connection with any condemnation for public use of or injury to any of said
<br />property are hereby assigned and shall be paid to Beneficiary, who may apply the same to payment of the installments
<br />last due under said note, and the Beneficiary is hereby authorized, in the name of the Trustor to execute and deliver valid
<br />acquittances thereof and to appeal from any such award.
<br />13. The irrevocable right to appoint a substitute Trustee or Trustees is hereby expressly granted to the
<br />Beneficiary, his successors or assigns, to be exercised at any time hereafter without specifying any reason therefor, by
<br />filing for record in the office where this instrument is recorded a substitution of Trustee. Prior to recording the
<br />substitution of Trustee, a copy of the instrument of the subsatution of the successor Trustee shall be mailed to the
<br />Trustor and all persons who have requested notice of default and notice of sale by filing such request with the office of
<br />register of deeds where this Deed of Trust is recorded.
<br />14. If more than one person joins in the execution of this instrument as Trustor, or if anyone so joined be of
<br />the feminine sex, the pronouns and relative words used herein shall be read as if written in the plural or feminine,
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