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& Tote T r us r o tit L and agrees w follows : <br />86-- 10 ` 880 <br />o. He will promptly pay the isdrl.u.hdess crulencaf by said promissory note at the titles and in the <br />manoertherein provided. <br />It. He will pay all taxes, rasessmrnts, wat.•r rates, and other governmental or municipal charges, fins or <br />unpaeitions, (at which provision has nut been made herernbefore, and will promptly deliver tie o6ciad ee• <br />roipls therefor to the Beneficiary. <br />r. He will pay well expenses and fees a, may be incurred in the protection and maintenance of said <br />property, including the feet of any attorney employed by the Beneficiary for the collection of any or all of the <br />indebtedness hrrrby secured. of such expenses anti free so may he incurred in any foeeelowre ale by the <br />Trustee. or court pruccrdings or in any other litigation or proceeding affecting said property, and alterneys' <br />keg reasonably incorrect in any other way. <br />al. The rights created by this conveyance alkali remain in full force and effect during any postponement <br />or extension of the time of the payment of the indebtedness evidenced by said note or any part thereof secured <br />hereby. <br />r. He will continuously maintain hazard insurance of such type or types and is such amounts u the <br />Beneficiary may from time to time require, an the improvements now or hereafter on said property, and will <br />pay promptly when due any premiums thrrefor. All insurance shall be carried in companies acceptable to <br />Beneficiary and the policies and renewals thereof shall be held by Beneficiary and have attached thereto Iow <br />payable clauses in favor of and in forest acceptable to the Beneficiary. In the event of Iess,Trustorwill give <br />immediate notice in writing to Beneficiary and Beneficiary may make proof of low if not made promptly by <br />Trustormad rash insurance company concerned is hereby ■uthorized and directed to make payment for such <br />tars directly to Beneficiary instead of t, ,us torand Beneficiary jointly, and the insurance proceeds. or arty <br />part thereof. easy be applied It a Beneficiary at its option either to the reduction of the indebtedness hcreiiy.; <br />secured or to lite restoration or repair of the property damaged. In rile event of a Trustees ale or other_ <br />transfer of silk to said property it extinguishment of the indebtedness secured hereby, all right, title, mod <br />interest of she Trustoin and to Vny insurance policies than in force shall pass at the option of the Beneficiary- <br />to the purchaser or Beneficiary. <br />J. He will keep the said prrmiseo in as good order and coudilion as they are now and will not commit or <br />permit any waste thereof, reasonable wear and tear rice-pled, and in the event of the failure of theTrustorto <br />keep the buildings on said premises and those to be erected ou »aid premises, or improvements thereon, in <br />good repair, the Beneficiary rttay make such repair& as in the Beneficiary's discretion it may deem necessary <br />far the proper preservation thereof. and any sum, paid for such repairs shall bear interest from the date of <br />payment at the rase specified in the note, shall be due and payable on demand and shall he fully secured by <br />this Dead of Trust. <br />R. He will not without live prior written consent of the Beneficiary voluntarily create or permit to he <br />created against the property utbject it, this Ilred of 'trust any lien or liens inferior or superior to the lien of <br />this Deed of Trust and further that lie wall keep rind maintain the same free from tits claim of all persons <br />supplying labor or materials which will enter into the construction of any and all buildings now being <br />ersetod or to be erected on said premises. <br />b. He will not rent or assign any part of Ave rent of said property or demolish, remove, or substantially <br />siser say bWWiag without the written consent of the Beneficiary. <br />9. In the event iheTrustorfails to pry any Federal, ,aate, or local tit a"cumens, income tax or other tax lien, <br />charge. fee, or other any a - charged to the property hereinabove described, the Beneficiary is hereby authorized to <br />pay ties same wed any wen so paid by lite Beneficiary shalt be added to and become a part of the principal amount of <br />the imilrbteiness evidenced by said promiwury note. If theTrustorahail pay and discharge the indebtedness evidenced <br />by said promissory nee, and shall pay such aunt$ and slsalt discharge all taxes and liens and the coots, fen, and ex- <br />proms of as-1- enforcing and executing this Deed of Trust, then, upon written request of <br />Beneficiary and the surrender of the Deed of Trust and the note to the Trustee, the <br />Trustee shall, after payment by Trustor of the Trustee's fees, reconvey the property <br />to the Truai:or, or to the person or persons legally entitled thereto. <br />10. The Trustor covenants that he is lawfully seized and poascased of and has <br />the right to sell and convey said property; that the sate is free from all encumbrances <br />except liens and encumbrances now of record; and that he hereby binds himself and tits <br />successors In lntereat to warrant and defend the title aforesaid thereto and every <br />part thereof against the lawful claims of all persons whomenever. <br />11. For Miler "Warily of Ilse is lemoldnca. hereby secured the Trustorupon the request of the 8~ficia►y, its <br />owvenom or assigas, shall execute anal deliver a supplemental mortgage or mortgages covering any additions, im- <br />prevamenMs w beNensama made to the property hersinabove dsw[ultsedtoarnd all Property sodlluird after the date <br />hereei tail N fort attafaetory to Grantsel. Furthormore, should fall so eure any dof•uh in the payment <br />of a prier at inferior encumbrance on Ike property described by this instntment. Truatotllotraiy agrees to permit <br />%owriciory to ever ouch default, but Beneficiary is not obligated to (lo ao; and such advatseas ahsll beasms part of <br />Ike acct .!dd by this iastrumcm, subjest to the some terms sad eutditisna <br />12. That ail &starch of ti•mapas is congestion with any condemnation for public an of or injury to any of said <br />pteparty arm horeisy arugdsd and shall its paid to Beneficiary, whe may apply the amt to payment of the installments <br />)am dIwo ceder wind note, and the. Benefrcisry is hereby authorised, in Are some of thirustor Io "sense and deliver <br />valid itelevisiamicoto thereat and to appeal Irani any sorb sward <br />�1 <br />