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Beneficiary -at its option 'sitima the redue�fon of the indebtedness hereby secured or to the, -• -- restoration or ripotr pf the proparty damaged. - to the avant of -s Trustee's sale or other transfer - - f of .title to sold peopinlly ti► imitt(agUishssnt of the iadebtedne=s sacuiadisarairi� a33- right._ tii�t0._ - - - -- -- - -- - -_ - -- - -- - and interest 'Of_dihs.Truetor . fe_a -to any insurance policies then in force shall, pass at the option ' -_ - --a` .� •� _�-___ ear sanaf tetarw. _ - -- - - - - - - -- `f. me VI 11 keep the said prsmisas 'In as good order and condition as they are now and will not esiti" or perstit any waste thereof. raosoeable wear aad tear excepted. and in the event of the failure of the Trustor to keep the buildings on said prealses M d., SIR >•to be erected WSW the . -- prasiiael., Or, improvements the rspi. in good rWair. tiq-60wftctary soy sake -such repairs is in that _' _- - - .•_. -- _ Mesfibiary's discretion ,it say dean necessary for the Proper preservation thereof. and, any sues pate• sea l such 6e "'and � �k an domind snd shall be fully secured Payment this 41'the of, Trustified in the nets, shall _ w _ - —ate _will . sat - without the prior written consent of the'Bmieffetary voluntarily create or Permit to be created against the property subject to this Dud of Trust any lithe inferior or superior to the lien of this Dsd of Trust and further that he will keep and seintain the same free from the '• claim of all persona supplying labor or satertals Web will enter into the construction of any and all buildings now being wanted or to be erected on said preemies. h. He will not rent or assip any .part of the rant of said property or desol6h. remove, or substantially alter any building without the written consent of the Bansflciaryt. 9. In the eyOnt the Truster fails to pay any federal. state. or local tax- assessmient. income tax or other tax lien, charge. fee, or other expense charged to the property hereinabove described. the Beneficiary is hereby authorized to pay the saw and any sum so paid by the Bansfieiary shall be added to and become a part of the principal amount of the indebtedness evidenced by said promissory note. If the Truster shall pay and discharge the Indebtedness evidenced by said promissory note, and shall pay such sums and shall discharge all taxes and liens and the coats, fees. and expenses of making, enforcing and executing this Deed of Trust. then, upon written request of the Beneficiary and the surrender of the Deed of Trust and the note to the Trustee. the Trustee shall, after payment by Trustor of the Trustee's fees. reconvey the property to the Trustor, or to the person or persons legally entitled thereto. 10. The Trustor covenants that he is lawfully seized and possessed of and has the right to sell and convey said property; that the same is free from all encumbrances except liens mind encumbrances now of record; and that he hereby binds himself and his successors to interest to warrant and defend the title aforesaid thereto and every part thereof against the lawful claims of all persons nhamsoever. 11. For better security of the indebtedness hereby secured .the Trustor. upon the request of the Beneficiary. its successors or assigns, shall execute and deliver a supplemental mortgage or mortgage covering any additions, improvements. or betterments made to the property hereinabove described and all property acquired after L the data hereof (all in form satisfactory to Grantee). Furthermore, should Trustor fall to cure any default in the payment of a prior or inferior encumbrance on the property described by this Instrument. Trustor hereby agrees to permit Beneficiary to cure such default. but Beneficiary is not obligated to do so; and such advances shall become part of the indebtedness secured.by this instrument. *' subject to the sass terms and conditions. 12. That all awards of damages in connection with any condemnation for public use of or injury to any of said property are hereby assigned and shall be paid to Beneficiary, who may apply the same to payment of the installments last due under said note. and the Beneficiary 1s hereby authorized. in the name of the Trustor to execute and deliver valid acquittances thereof and to appeal from any such award. 13. The irrevocable right to appoint a substitute Trustee or Trustees is hereby expressly granted to the Beneficiary, his successors or assigns. to be exercised at any time hereafter without specifying any reason therefor, by filing for, record in the office where this instrument is recorded a substitution of Trustee. prior to recording the substitution of Trust0i a copy of the instrusnt of the substitution of the successor Trustee shall be mailed to the Trustor and. all persons who haws requested notice of default and notice of tali byt filing such request with this office of register of deeds where this Deed of Trust is recorded. —4— •4 I v (O