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a-- 104050 <br />F. BENEFICIARY may from time to time substitute a <br />successor or successors to any TRUSTEE named <br />herein or acting hereunder. Upon such <br />appointment, and without conveyance to the <br />successor TRUSTEE, the latter shall be vested <br />with all title, powers, and duties conferred <br />upon any TRUSTEE herein named or acting <br />hereunder. Each such appointment and sub- <br />stitution shall be made by written instrument <br />and executed by BENEFICIARY, containing <br />reference to this Deed of Trust and its place <br />of record, which, when recorded in the office <br />of the Register of Deeds of the county or <br />counties in which said property is situated, <br />shall be conclusive proof of proper <br />appointment of the successor TRUSTEE. The <br />foregoing power of substitution and the <br />,procedure therefor shall not be exclusive of <br />the power and procedure provided for by law <br />for the substitution of a TRUSTEE in the place <br />of the TRUSTEE named herein. <br />G. TRUSTORS covenant and agree that upon any <br />conveyance, assignment or transfer of their <br />interest in the premises during the term of <br />the loan secured hereby, the BENEFICIARY shall <br />have the option of declaring the unpaid <br />balance immediately due and payable, and if <br />said sum .remains unpaid for thirty (30) days <br />thereafter, BENEFICIARY can cause Notice of <br />Default to be given and the premises be sold <br />as provided herein. <br />H. As additional and collateral security for the <br />loan, and effective forthwith upon filing of a <br />Notice of Default, this instrument shall serve <br />as an assignment by the TRUSTORS to the <br />TRUSTEE, of all rents and revenues resulting <br />from the property, and TRUSTEE is authorized <br />to take possession of the property, rent or <br />lease the same on terms he deems best and to <br />collect the rents and revenues and apply the <br />same upon unpaid interest, principal, taxes or <br />insurance premiums or for maintenance and <br />preservation of the premises. <br />I. The waiver by TRUSTEE or BENEFICIARY of any <br />default of TRUSTORS under this Deed of Trust, <br />on one occasion, shall not be or be deemed to <br />be a waiver of any other or similar defaults <br />subsequently occurring. <br />- 5 - <br />u <br />L J <br />