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I. TWO Trustoreoveaasts and •llroes as follows;
<br />86-al 105365
<br />a. He will pro41tptly pay She indel►te,hf +•» eti,lrnrod toy msi,l I►rntuissory tonic at tire: banes and is the
<br />Wapner therein provided.
<br />4. He will pay all tart% asareamentt+, wAter rater, Anil other governmental or munieipoi eharps, fines or
<br />impositions. for whielr provision has not been made hertinbefore, and will promptly deliver the 461iol re•
<br />reip" dolareflor to Ilse Beneficiary.
<br />r. No win pay melt expenaes and fors as may be, incurred in the protection 9" anainimmnsa of said
<br />jtroporty, including the (on of any attorney employed by the Benefrriary for The collection of any or all of the
<br />indebtedness hereby secured. of such exprnsal anti fees as pray be incurred in any foroclosmro Nis by the
<br />`Crwwee, or court proceedings or in any other litigation or proceeding *Meeting said property, and 611" eyi
<br />Ifni► reasonably incurred ut any other way.
<br />d. The rights created by this conveyance alkali remain in full force and effect during any postponement
<br />or extension of Ilse time of the payment of the indebtedness evidenced by said nwt or any pert thereof secured
<br />hereby.
<br />r. He will continuously maintain hazard insurance, of such type or types and in such amounts as the
<br />Beneficiary may from time to tinte require, an the improvements now or hereafter on said property. and will
<br />pay promp&W Vh j any pregissunw, therefor. All insurance &hall be carried in companies acceptable In
<br />Bentdeciary ant�he policies anti rrwewals thereof *limit be. held by Beneficiary and have attached thereto loss
<br />pay" clauses 1 ,facer of sail in Isom acceptable 10 the beneficiary. In the event of le".TXustor will give
<br />immedisto notice in writing to Beneficiary and Beneficiary may make proof of loan if not made promptly by
<br />Trus torefut each insurance conspany concerned is hereby authorized and directed to make payment for such
<br />loss directly to Beneficiary instead of tuTrus torand Brn+•fictary jointly. and the insurance proceeds. or sav
<br />pan thereof, may be applied li i BenefociArV At its 111,11041 either to the reduction of the indebtedness hereby
<br />swueed or to the restoration or repair of the property damaged. in tike event of a Trustees sale or other
<br />grander of title to said property iq eztinstuishment of the indebtedness secured hereby, all right. title, and
<br />interest of 11+e Tr us to i41 and to t141y insurance policies then in force shall pass at the option of the 8*0 fieisry
<br />to the purchaser or Beneficiary.
<br />J. He will keep tin• multi prrntcses in in good artier anti condition as they are now and will not comntit or
<br />permit any waste thereof, rrasonable wear and tear rxcrptetl, anti in life event of the failure of theTruatvrtu
<br />keep the buildings on said premrsea and tI,~. to be rrected on mail premises, or improvements thereon. in
<br />goad repair, the Beneficiary rtkay make such repairs .+s in the Beneficiary's discretion it may deem necessary
<br />for the proper preservation thereof, anti any aunts 1 ►aid for such repairs shall bear interest from the date of
<br />payment at the rate specified in the nuke, .hail be due and payable on demand and shall be fully secured by
<br />this Dead of Trust.
<br />K. He will not without the prior written conmrctt of the Beneficiary voluntarily create or permit to be
<br />created against the Ifro1►+rtr •116irrt to till, Derd of Trust any lien or liens inferior or superior to the lien of
<br />this Deed of Trust and further that lie will keel) anti maintain the sane free front ilia claian of all persotls
<br />supplying labor or materials which will renter into the construction of any and ail buildings now being
<br />erected er to be erected an said premises.
<br />h. He will east rent or assign any part of life rent of said property or demolish, remove. or substantialiv
<br />aNer any building without life written cunse,ft of tits Beneficiary.
<br />4. In the event theTrustorfaila to feat' Any Federal, tate, or local fax assessment, income tax or other tax lien,
<br />rherpt„ fee, of other expense charged to the property hereinabove Aces-nbed, the beneficiary is hereby authorised to
<br />pay the same anti any sum w paid by tits Beneficiary shall he added to and become a part of the principal amount of
<br />the i414rbteffnresl evidenced hw •aid prustissurt note. 11 11,eTrustoralta11 pmy and discharge the indebtedness evidenced
<br />by anal proatiowry note, slid shall pay such suns and alts it discharge all taxes and liens and the testa, fees, and ex•
<br />prasse of tssAia& enforcing and executing this Deed of Trust, then, upon w -itten 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 Trustor, or to the person or persons legally entitled thereto.
<br />10. The Trustor covenants that he is lawfully seized and poss4.sktaed 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 title aforesaid thereto and every
<br />part tlreereof against the lawful claims of all persons whomanever.
<br />II. For boner security of the indebtedness hereby wcured the Trust orup., the request of the 8onvAciary, its
<br />surre"ors see assign.. shall execute s*tl deliver is supplemental aswrittage or mortgagas covering any additionw ,n,-
<br />pestreatslaW er boom"" m"" made to the property herainabore - -riltod and all property acquired after the date
<br />llereof fs+B is fetmk satisfactory to f+rsntee►. Furthermore. should ruetorfait to ours any ddwlt in the payatreret
<br />s Friar or iNa(erislr rrsccasnhrattcc on the prnf+e►ty desrribe,t by Shia instrument. Truata%ersby agrees to permit
<br />Bas hrieryr so riser itwh dsfaall, but $eneficisrt is not obligated to do as; and arch advassaw *ball boosoma part of i
<br />the t* ` 04 fUr04 !ry thi» k.e rument. wbjm to the some terms and swsontioma.
<br />12. Than all awards of d•snagas in connection with any condemnation for publite toss of or injury to any of said
<br />pr rty ass itortrliy asai end and •hall be paid to 8~11iciary, wit* may stiffly the sa"" t0Q� yarant of the instalimrnt&
<br />last 404 uodtlr 4*44 00#0, ar►d tlfc 11~11ir►ary is hereby Alithoritrsd, in the *saw of the' xuitc'r to" cut* and deliver
<br />psi f ►
<br />11woof anti to appeal frown any such award.
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