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<br /> 1. This conveyance is made upon and subject to the fiuYher tcust that the said Tn�sior shall remain
<br /> in quiet and peaceable possession of the above granted and described premises and take the profits thereof to
<br /> his own use until default be made in any payment of an installment due on said note or in the performance of
<br /> any of the covenants or conditions contained therein or in this Dced of Trust; and, also to sec�ire the
<br /> reimbucsement of the Beneficiary or any other holder of said note,the Tn�stee or any substitute t�ustee of any
<br /> and all costs and expenses incuired, including reasonable aitomey's fees, on account of any lirigation which
<br /> may arise with respect to this Tn�st or with respect to the indebtedness evidenced by said note,the protection
<br /> and maintenance of the property hereinabove described or in obtaining possession of said property after any
<br /> sale which may be made as hereinafter provided.
<br /> 2. Upon the full payment of the indebtedness evidenced by said note and the interest thereon, the
<br /> payment of all other sums herein provided for,the repayment of all monies advanced or expended pursuant to
<br /> said note or this inst�ument, and upon the payment of all other proper costs, charges, commissions, and
<br /> expenses,the above described property shall be released and reconveyed to and at the cost of the Tn�stor.
<br /> 3. Upon default in any of the covenants or condirions of this instrument or of the note or loan
<br /> agreement secured hereby, the Beneficiary or his assigns may without notice and without regard to the
<br /> adequacy of security for the indebtedness secured, either personally or by attomey or agent without bringing
<br /> any action or proceeding,or by a receiver to be appointed by the court, enter upon and take possession of said
<br /> property or any part thereof, and do any acts which Beneficiary deems proper to protect the security hereof,
<br /> and either with or without taldng possession of said property, collect and receive the rents, royalries, issues,
<br /> and profits thereof, including rents acciued and unpaid, and apply the same, less costs of operation and
<br /> collection,upon the indebtedness secured by this Deed of Tnist,said rents,royalties,issues,and profits,being.
<br /> hereby assigned to the Beneficiary as fiuther security for the payment of such indebtedness. EYercise of rights
<br /> under this paragraph shall not cure or waive any default or notice of default hereunder or invalidate any act
<br /> done pursuant to such notice but shall be cumulative to any right and remedy to declare a default and to cause
<br /> notice of default to be recorded as hereinafter provided, and cumularive to any other right and/or remedy
<br /> hereunder, or provided by law, and may be exercised concurrernly or independently. Expenses incurred by
<br /> Beneficiary hereunder including reasonable attomey's fees sl�all be secured hereby.
<br /> 4. The Trustor covenants and agrees that if he shall fail to pay said indebtedness, or any part
<br /> thereof,when due, or shall fail to perform any covenant or agreement of this instrument or of the promissory
<br /> note secured hereby, the entire indebtedness hereby sec�ued shall immediately become due, payable, and
<br /> collectible at the option of the Beneficiary or assigns, regardless of maturity, and the Beneficiary or assigns
<br /> may enter upon said property and collect the rents and profits thereof. Upon such default in payment or
<br /> performance,and before or after such entry,the Tn�stee,acting in ihe execurion of this Trust, after the notice
<br /> of default has been recorded, shall mail a copy of the default to each person who is a party to this inswment,
<br /> at the address set out in this inst�ument,as well as to any person who has requested any notice of default and
<br /> notice of sale by recording said request for notice with the register of deeds in the county in which this
<br /> instrument is recorded, and after the lapse of time which is required by law after mailing the norice, the
<br /> Trustee shall have the pawer to sell said property,and it stzall be Lhe Tnistee's duty to sell said property(and in
<br /> case of any default of any purchaser,to resell)at public auction,to the highest bidder, first giving five weeks'
<br /> notice of the time,terms,and place of such sale,by advertisement not less tl�an once during each of said five
<br /> weeks in a newspaper published or distributed in the county or political subdivision in which said property is
<br /> situated, and written notice of sale shall be mailed to each person who is a party to this instrument at the
<br /> address set forth herein,(and the Beneficiary or any person on behalf of the Beneficiary may bid and purchase
<br /> at such sale). Such sale will be held at a suitable place to be selected by the Beneficiary within said county or
<br /> polirical subdivision. The Tnistee is hereby authorized to execute and deliver to the purchaser at such sale a
<br /> sufficient conveyance of said property,which conveyance shall contain recitals as to the l�appening of default
<br /> upon which the execution of the power of sale herein granted depends;and the said Trustor hereby constitutes
<br /> and appoints the Tn�stee as his agent and attomey in fact to make such recitals and to execute said conveyance
<br /> and hereby covenants and agrees that the recitals so made shall be binding and conclusive upon the Tn�stor,
<br /> and said conveyance st�all be effectual to bar all equity or right of�demption, homestead, dower, right of
<br /> appraisement,and all other rights and exemptions of the Tnutor all of which are hereby expressly waived and
<br /> wnveyed to the Tnutee. In the event of a sale as hereinabove provided, the Trustor or any person in
<br /> possession under the Trustor, shall then become and be tenants holding over and shall forthwith deliver
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