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<br /> irestaiim�nt o! prinaipal or int�rast or in th� p�rlor�ena� o! any
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<br /> cov�naat, eqrs�mont or warranty aontainsd in thfs D��d ot Trus�l
<br /> (b) Tho portormnnae o! oach a�r�omont, aov�nant and warranty
<br /> ' -t:��'��,i,r,+R-;�. o! Trustor horain cont�inod or sst torth in th� Not� or any
<br /> �� ,�,,,�,,,��., aqreamont or inetrument exeauted by Truator in aonnoation with tha
<br /> indobtednosa hereby aecurQd= and
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<br /> �•�•'��� '�'`'""`` .;, (c) The payment of any aum or aums of monay with intorQSt
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<br /> . � thereon which mny be hereaftar pafd or advanaed under ths terma o!
<br /> '� `> . " tha Deed of Truat.
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<br />' - ��` NOW, THEREFORD, TO PROTECT THE SECURITY OF THIS DEED OF TRUS�,
<br /> R " �.. Trustor does Por himself and for Trustor�s heirs, reprasantatives,
<br /> • � vendees, suacessors and aa�igns, the owners of se�id Propsrty,
<br /> .+ ' hereby expressly covenant, agree and warrant to and with ths
<br /> - Trustee and Beneficiary, and their sucaessors, vendees and assigns:
<br /> BIRBT: That the Trustor hereby covenants and agrees, to th�
<br /> ' . �; extent permitted by law, as follows: (a) to pay promptly when due
<br /> , t �, the principal and interest and other sums of money provided for in
<br /> the Note and in this Deed of Trust; (b) to promptly pay befor�
<br /> delirrquency all taxes, assessments and other charqes imposed by la�
<br /> � upen the Property, (a) to keep the above-described Property and th�
<br /> improvements thereon in good condition and repair and not to commit
<br /> � or suffer waste thereof, anci except as authorized in any schedule
<br /> . annexed hereto and forming a part hereof, neither to remove nor
<br /> , �, penait the removal of any timber, buildings, oil, qas, minerals,
<br /> '_�.;'�,.� stone, rock, clay, fertilizer, gravel or top soil without the prior
<br /> � " written consent of Beneficiary; (d) to maintain and delivrs� �v
<br /> Benef iciary policies of insurance aqainst such hazards on the
<br /> bufldings and improvements now or hereafter located on or
<br /> , constitut3ng a part of the Prag�erty as the Beneficiary shall
<br /> �' �� require, in such companies and amounts and with suoh loss payable
<br /> � , clauses as shall be satisfactory to the Beneficiary; that in th�
<br /> �;,. :,,, event of loss, Beneficiary is expressly authorized to aettle o�
<br /> � , � �,��� compromise elaims under said policies and the proceeds thereof
<br /> � ' �` shall be paid ta the Beneficiary who may apply the same or any part
<br /> ,}, � thereof on the indebtedness secured hereby or toward the
<br /> ' reconstruction or repair of said buildings and fmprovements or
<br /> release same to the Trustor; (e) to pay any lien, claim or charge
<br /> against the Property which mfght take precedence over the lien
<br /> hereof; (f) to pay on demand all leqal expenses, title searches,
<br /> .. appraisal or attorneys� fees reasonably incurred or paid by
<br /> � Beneficiary to collect the Note or foreclose or protect the lien of
<br /> � this Deed o.f Trust; (g) that fn the event Trustor shall fafl to
<br /> comply with the provisions of (a) through (f) above, the
<br /> , . Benef iciary may expend such funds and take such action as f s �,•
<br /> , � necessary to remedy such faflure and all sums paid by the
<br /> Beneficiary pursuant hereto with fnterest at the rate hereinafter ��'�
<br /> provided shall constitute a lien upon the Property, shall be
<br /> secured by this Deed of Trust, and shall be immediately due and
<br /> � repayable to the Beneficiary; (h) not to sell the Property or any
<br /> portion thereof; and in the event of any sale herefn prohibited,
<br /> ' then the entire indebteclness secured by this Deed of Trust shall,
<br /> at the option of the Seneficiary, become due and payable; (i) that
<br /> if the Property or any part or parcel thereof shall be taken or
<br /> damaged under the power of eminent domain, the award for any
<br /> , Property so taken or damaged (including severance damages to ttne
<br /> � remaining premises) shall be paid to the Beneficiary and applied in
<br /> � full or in part at the option of the Beneficiary in reductian of
<br /> � the indebtedness hereby secured; (j) that the Beneficiary shall
<br /> � have the right to inspect the Property at such reasonable times as
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<br /> - the Bene�iciary may desire co decermine •i•ruszor°s cvmp,.��.���� w�"�
<br /> f the covenants contained in this Deed of Trust; (k) that the
<br /> . � Benef iciary may release from the lfen hereof any part or parcel of
<br /> • � � the Property without requiring any consideration therefor, and (i)
<br /> •� that Trustor is lawfully sPized of said premises and Property in
<br /> � ' fee simple, that the same are free from all liens and encumbrances
<br /> exeept as may otherwise be specifically noted hereit� or waived in
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