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201807648 Southeast corner of said Section Twenty -Two (22); thence running Northerly parallel to and Forty (40) feet distant from the East line of said Section Twenty - Two (22), Four Hundred Sixty -Two and Eight Tenths (462.8) feet to a point; thence running Southwesterly Nine Hundred Eighty -One and Nine Tenths (981.9) feet to the point of beginning. Said Parcel containing 5.11 acres, more or less. together with all improvements, fixtures and appurtenances located thereon or in any way pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including all such personal property that is attached to the improvements so as to constitute a fixture, all of which, including replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter collectively referred to as the "Property". FOR THE PURPOSE OF SECURING: A. The payment of indebtedness evidenced by Trustors' note of even date herewith in the principal sum of SEVEN HUNDRED TWENTY THOUSAND AND NO/100 DOLLARS ($720,000.00), together with interest at the rate provided therein, or the principal and interest on any future advance not to exceed the total principal sum initially secured hereby as evidenced by promissory notes stating they are secured hereby, and any and all renewals, modifications and extensions of such notes, both principal and interest on the notes being payable in accordance with the terms set forth therein, which by this reference is hereby made a part hereof; B. The performance of each agreement and covenant of Trustors herein contained; and C. The payment of any sum or sums of money which may be hereafter paid or advanced by Beneficiaries under the terms of this Deed of Trust, together with interest thereon at the rate provided in the note. To protect the security of this Deed of Trust, Trustors hereby covenant and agree as follows: 1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan instruments. 2. Title. Trustors are the owner of the Property and have the right and authority to execute this Deed of Trust in respect to the Property. The Trustors further warrant that the execution and delivery of this Deed of Trust does not violate any contract or other obligation to which Trustors are subject. 3. Taxes and Assessments. To pay, when due, all taxes, special assessments and all other charges against the Property, before the same become delinquent, and, in the event Beneficiaries shall so require, to add to the payments required under the note secured hereby, such amount as may be sufficient to enable Beneficiaries to pay such taxes, assessments or other charges as they become due. 4. Repair, Maintenance, and Use. To not commit waste on or damage to the Property and to use due care to prevent others from so doing; to keep the Property in good condition and repair; to keep the Property free from mechanics or other liens not expressly subordinated to the lien hereof; to not make, suffer or permit any nuisance to exist nor to diminish or impair the value of the Property by any act or omission to act; and to comply with all requirements of law with respect to the Property. 5. Insurance. At all times during the term hereof to keep the Property insured against damage by fire, hazards included within the term "extended coverage", and such other hazards as Beneficiaries may require, in an amount of not less than the replacement value thereof and with companies acceptable to Beneficiaries, including a standard mortgagee clause with loss payable to the Beneficiaries and containing an additional provision that the policy cannot be canceled without prior written notice to the Beneficiaries. In case of loss under such policies, the Beneficiaries are authorized to adjust, collect and compromise all claims thereunder and shall 2