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r F ill '' 144133 to the extent of all amounts secured by this Deed of Trust at the date of receipt by Truster of such award or payment, and of reasonable counsel fees, costs and disbursements incurred by Trustee in connection With the enforcement of this assignment and the right to and the collection of any such award or payment. Truster agrees to execute and deliver, from time to time, such further instruments as may be requested by Trustee to confirm the aforesaid assignment to Trustee of any such award or payment. As further security for the payment of all amounts secured, by this Deed of Trust and the performance of Trustor''s obligations, covenants and agreements herein contained or secured, Trustor hereby transfers, sets over and assigns to Trustee all the rents, issues, income, royalties, profits and other benefits of and from the Property, from time to time accruing, whether under leases or tenancies now existing or hereafter created; provided, however, that Trustor herebgr..reserves the right to receive and retain all such rents, issues, income, royalties, profits, and other. ,benefits so long as.-there is no default under the terms of this Deed of Trust, the . notes secured hereby or any other s6ctiring agreement or loan document now or hereafter given in coirtnection with the loan secured by this Deed of Trust. The Property and the entire estate and interest conveyed to the Trustee are referred to.cellectively as the "Trust Estate". THIS DEED OF TRUST IS.. VnR q%P. VURPOSE OF SEMIRIlm A. Payment of all obligations of Trustor to Beneficiary evidenced by that certain December 15, 1988 Stock Purchase Agreement and all related agreements of the same date hereof including without limitations the Employment Agreement (Francis Moul), Employment Agreement (Maxine Moul), Covenant Not to Compete and $20,000 Promissory Note (collectively the "Obligations "), executed by Truster, which have been delivered to Beneficiary, and which by this reference are hereby made a part hereof, and any and all modifications, extensions and renewals thereof, and B. Payment of all sums reasonably - advanced by Beneficiary to protect the Trust Estate, with interest thereon at the rate equal to,ttod (2) basis points above Nor-west Bank Des Moines, N.A.rs base interest rate. This Deed of Trust, the agreements evidencing the Obligations and any and all other instruments, loan agreements, security agreements and deeds of trust given to evidence or further secure the payment and performance of any obligation secured hereby are referred to collectively as the "Loan Instruments ". TO PROTECT THE SECURITY OF THIS DEED OF TRUST: 1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the indebtedness evidenced y. e obligations, and all charges, fees and all other sums as provided in the Loan' Instruments. -2- J 7 a., t „, �e J I.-