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b. •bcTruatotO, u and agreea as follows: 86. 1:02583
<br />e. He will promptly pay the ittdrlrtrrhtd.. rvicletlteed by raid prontisurry note at site limes and in the
<br />manner therein provided.
<br />b. He will pay all lases. aasermentS, watrr rotrS, and othrr governmental or municipal charges, fine& or
<br />impsuwrimw for which provision hall not been made hereinbefore, and will promptly deliver he official re-
<br />eeiptia, lherefar to the Beneficiary.
<br />r. He will pay such expenses sad ("a as mat bit incurred in the protection and maintenance of said
<br />property, including the fees of any attorney employed by the Benefiriary, for the collection of any or all of the
<br />indebtedwas hereby secured, of much expenses and fern as may he incurred in any foreelsautre sale by the
<br />reassess, or court prucredings us in any other litigation or procreding affecting said property, and attorneys'
<br />free reasonably incurred ►n any other way.
<br />d. The rights created by this conveyance ►hall remain in full force and effect during any postponement
<br />or extension of Cite 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 typo and in such amounla u the
<br />Beneficiary may from time to time reeluire, on the improvements now or hereafter on said property, and will
<br />pay promptly when due any premium. therefor. All insurance shall be carried in companies acceptable to
<br />Beneficiary and [tie pnliriea and rrnewa6 thereof shall be brief by Beneficiary and have attached thereto loss
<br />payable clauses in favor of and in form acceptable. to the Beneficiary. In list event of iowTrustorwill give
<br />immediate notice in writing so Beneficiary and Beneficiary may make proof of low if not made promptly by
<br />Trustorand each insurance company concerned is hereby authorized and directed to make payment for such
<br />Jose directly to Beneficiary instead of t,Trustor,nti Bent•ficiary jointly, and the insurance proceeds, or any
<br />past thereof, may he applied bk Beneficiary al is option either to the reduction of the indebtedness hereby
<br />secured or to ilia restorshun or repair of the property damaged. in the event of a Tr slee'a sale or other
<br />transfer of title to said property its extinguishment of the indebtedness secured hereby, all right, title, and
<br />interest of the TrustoSn and to Vny insurance policies then in force shall pass at the option of the Beneficiary
<br />to she purchaser or Beneficiary. ti
<br />j. lie will keep dce .aid premiee. nr aM rooli onlrr and condition as they are now and will not commit or
<br />permit any waste thereuf, reasonable wrist and trar racrpted, anti in Cite event of the failure of iheTrustortu
<br />keep the buildings on said premises and these to be rrreirel on Matti premises, or improvements thereon, in
<br />good repair, the Beneficiary rpsy make such repairs Am in the Beneficiary's discretion it may deem necessary
<br />for the proper preservation thereof, anti Anv summ pail for much repairs &hall bear inlerest from the date of
<br />payment at the rate specified in the note, Shall be due and payable on demand and shall be fully secured by
<br />this Dead of Trust.
<br />jr, He will not without the prior written cunacnt of the Beneficiary voluntarily create or permit to he
<br />created again" the property Subject to thn Orrd of Truett any lien or lima inferior or superior to the lien of
<br />this Deed of Trust and further .hat hr will keep and maintain the manic free from the claim of all persons
<br />supplyiag labor or materials which will enter into the construction of ally and all buildings now being
<br />erected or to be erected on aid premises.
<br />h. He will act rent or assign ant part of Mite rent of said property or demolish, remove, or substantially
<br />alter any building without tite written consent of tin Beneficiary.
<br />9. lit► the event theTrustorfaile to pay Any Federal, Mtale, or InrAl tax assessment, income tax or other lax lien,
<br />charge, fee. at other asperse charged to the property hereinalaove de.enbed, the Beneficiary is hereby authorised to
<br />luny the ware and any sum me paid by the Beneficiary shall be added to and become a part of the principal amount of
<br />thr imklsteibbit evidenced by raid promissory tcote. If theTrustorshA11 pay and discharge the indebtedness evidenced
<br />by said premimary note, end shall lay such ousts and dull discharge all taxes and lives Mad the eosls, fees, and as.
<br />pens&& of making, Mnforcialt and executing this Deed of Trust, then, upon written request of
<br />Beneficiary and the surrender of the Heed 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 Trustor, or to the person or persons legally entitled theretc,
<br />10. The Trustor covenants that he is lawfully seized and posausaed of and has
<br />the right to sell and convey said property; that the same is free from all encumbrances
<br />except liens and encumbrances now of record; and that he hereby binds himself and his
<br />successors in interest to warrant and defend the tlrle aforesaid thereto and every
<br />part thereof against the lawful claims of all Persons vhomsnever.
<br />11. Fee halter saeanty of The indebtedness hereby secured the Trustorispen the request of the Heneficisry, its
<br />arreswees or srigna, shell execute and deliver a supplemental msrlgage or mortgagee covering any additions, im-
<br />prwsmrwh. rte bmiwwAop meads sa the property hemiaabeve dMribesd and all property acquired after the date
<br />Isere%# faN in #seer wridaetwy to 4r,,,"e►. Furthereswe, shoald tustorfail to cure any &took in the payment
<br />of a prim w inferior encumbrance on the pnrlrerry dearribe.1 by this instrument, Truttothereby agrees to perm,,
<br />Beoehri%ry m cure muck dal tall, but Beneficiary is nat obligated to tie &o; and such advaboom, "I boume pan of
<br />the iad,'..tif4tte�w waved by Chia imatrument, subject to the some lama& ad oonditiaaL
<br />la. Thal ail awards of doonagee in connection with any tmwdsmnauon for public sea of or injury to any of said
<br />l.roperly are ltareby ,,stoned and shaft bill paid) to flertleFciary, Who may apply title same to personal of the installments
<br />lsst dos wader mud note, and thus llertlrfiria" is hereby suthuris%d, in uhe allow of tbjrustor to eseeurte and deliver
<br />•ah.i ,equittammmo thera,f and to appesi from any much award.
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