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20250511.8 This Deed of Trust is a security instrument and in addition to security for the Lender of the debt evidenced by the Note executed on this same day, this Deed of Trust also secures the performance of any and all of Borrower's obligations under this Deed of Trust and the Note executed of even date herewith, as well as the payment of all other sums, with interest, advanced under the provisions provided for hereafter to protect the security and the performance of Borrower's covenants and agreement. Borrower covenants that Borrower is lawfully seized of the Property and has the legal power and lawful authority to convey the same, and Borrower warrants and will defend title to the Property against the lawful claims of all persons. Borrower and Lender agree as follows: 1. Borrower shall pay, when due, the Principal Balance and interest and other charges as provided in and pursuant to the terms of the Note. (a) Borrower agrees to strictly perform all of its respective obligations under this Deed of Trust and under the Note executed on the same date as this Deed of Trust. (b) All other terms of the Note and this Deed of Trust notwithstanding, the remaining balance of principal and accrued interest, if any, outstanding as of the date of death of the second to die between the Lenders, Lester J. and Patricia A. Brase, shall be forgiven and no longer due or payable. For the avoidance of doubt and to underscore the objectives of the Lenders, it is the express intention that following the second to die between to two of them, Lester J. and Patricia A. Brase desire to make a charitable contribution to the Borrower for any remaining outstanding balance by forgiving such amount that may be outstanding as of the date of the second individual's death. 2. All payments received by Lender shall be applied as described in the Note. 3. At Borrower's exclusive cost and expense, Borrower shall pay all real estate taxes, special taxes, assessments, charges (including water and sewer), fines and impositions levied against or on account of the Property and shall pay when due all claims for work done on or for services rendered or materials furnished to the Property. Borrower shall make any and all such payments provided for in this paragraph before they become delinquent and shall provide proof of payment to Lender upon Lender's request. 4. Maintenance of Property and Assignment of Future Rents. (a) Borrower shall keep the improvements on the Property insured against loss by fire and hazards included within the term "extended coverage" for their insurable value and policies for the same shall include a standard mortgage clause showing Lender as identified herein. In event of loss, Lender may make proof of loss if not promptly 2