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r <br />A <br />r- --1 <br />§9--: 102927 <br />A. He wM sot rest at &nipp any pat of tM stae of cam property Of ditnolish, marrow, of w0seanti+Qtr Aker . <br />arty a WI&$ without the w*taa oowW of tM tasQciuy. <br />!. In the event IM Trustotb to My any red". tut. or saw tilt MIUMM M. fao W at Sam Wt rM. <br />ehaste, lea. a odw spew dWW to the prooatty hseelaMm dasceilsd. *A amrod y b hWgby anth"bW to My <br />the same as,d asp swat so paid by rims 1laefkimy 601e ~to m d becosse a pare of tM prt�clpal tsssrttt of the <br />lndebtedaetrr eridatoed yr silo pramiasory note. if tM Ttvwtor s>fat Ny aM Nuhatde tM irdt0eedasae evidtnetd by <br />said promiaaory note, sad dMM pay welt m ad shat �6elasgie W taxi aid Yeas oat eM costs, fea, aid apettses <br />of ntakiy. NfOrdag sad axeeWly thb OeM Of Trull. then, upon written request of Beneficiary and <br />the surrender of the Deed of Trust and the note to the Trustee, the Trustee shall, after <br />payment by Trustor of the Trustee's fees, reconvey the property to the Trustor,.or to <br />the person or persons legally entitled thereto. <br />10. The Trustor covenants. that he is lawfully seized and possessed of and has the <br />right to sell and convey said property; that the same is free from all encumbrances <br />except liens and encumbrances now of record; and that he hereby.iinds himself and his <br />sucteyso}rs in interest to warrant. and defend the title aforesa.id...thereto and every <br />part- therea° against the lawful claims of all persons whomsoevert. <br />11. For better security of the iadebtedoess hereby secured tbe•Trus tor, up* the re" of the DeaeMM, its me- <br />cessors of assigns, shall execute and deliver a supplemental mortgage or mortgages coveriry ssy addit%ns,•lsoprovemenu. <br />or bettenmeab made to the property berdisabove described and all property acquired after tU date hereof (all in form <br />satisfactory to Grants). Furthermore. sboW dTius4,r fail to cute any default in the psym mi of is prior or inferior eacum. <br />bnum as the property described by thk i AMMent. Tnwtor hereby agrees to permit lseseikimy to ewe such default, <br />but Den ticiary in sot obligated to do so. sr A Wch advances shaA become pen of the iedebtedasss secured by this inaru• <br />memt, subject to the same term 'ead caddws�• <br />12. That ad awards of damages is rooUCOoa with any coodegmdon for pubk we of or igjury to any of said prop <br />; <br />erty are hereby assipied and chap be pM to Denefkiary. wbo saaj apply the wm to pal mene of the bstsdiments last <br />. <br />due under said sore. zed the Beadkiary is hereby sudsorbed. in the same of the Tt�astor to execute sad deliver valid• <br />' <br />saquitunces thereof sad to appeal from am ,rich awardl: <br />` ` - <br />13. The irrevocable right to appoint a substitute Trustee or Trustees is hereby <br />expressly granted to the Beneficiary, his successors or assigns. to ie' exercised at any <br />time hereafter without specifying any reason therefor. by filing for record in the office <br />_ <br />where this instrument-is recdQCed a substitution of Trustee. Prior to recordfin,g the <br />substitution of Trustee, a C.Opy•:of the instrument of the substitution of the successor <br />Trustee shall be mailed to the - Trustor and all personas who have requested notice of <br />y <br />default and notice of sale by•'ffling such request,wiith the office of register of deeds <br />where. this Oted of Trust is recorded. <br />14'. If more than one person. joine in the execution of this instrument as'Trustor, or <br />if anyone so joined ta'''.of the feminine sex, the pronouns and relative words used herein <br />shall be read as if wrtten in the plural or feminine, respectively, and the term <br />"Beitie.ficiary "` shall inctude any payee of the indebtedness hri:reby secured or any assignee <br />or itansferee theeeo €'.whether by operation of law or otherwise. The covenants herein <br />contained shaLl. bind died the rights herein granted or cor.Veyed shall inure to the <br />respective heir,, executors, administrators succes.sars, and assigns of the parties heret�L. <br />15. In compliance with section 101.1(d) of the Rules and Regulations of the Small <br />Bost.1dess Administration (13 C.F.R. 101.1(d)). this instrument is to be construed and <br />enforced in accordance with applicable Federal Law. <br />16. A judicial decree, order, or judgment holding any provision or portion of;:rfi�tiis; <br />instrument invalid or unenforceable shall not in any way impair or preclude the'enforcement <br />of the remaining provisions or portions of this instrument. <br />-4- <br />L J <br />Atel <br />