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<br />Y. Tha True to6vetumts and agrees as follows: 86 -1 105707
<br />a. He will promptly pay Ilse indrldr,htrm evidenced by asid pro iiasary note at mite tithes and in the
<br />termer therein provided.
<br />6. He will pay all loam asseasmentr, water rates, and other governmental or municipal charges, fines or
<br />impositions. for which provision has not been mode hereinbefore, and will promptly dobver the of ial re•
<br />eiipli tbetetgr to cite Beneficiary.
<br />r. He will pay well expenses am) (era as may be incurred is the protection and snaintmsm of amid
<br />pr"Wrly, including the fees of any attorney employed by the Beneficiary for the collection of any or Oil of the
<br />j� kMedness hereby secured, of aunt expenses and free as may he incurred in any toe+elemra salt by the
<br />Tramee, or court proceedings or in any other 6tittation or proceeding affecting amid property, and stloraeys'
<br />foes reasonably incurred( its any other way.
<br />J. The rights created by this conveyance 011011 remain in full force and effect during any postponement
<br />or extension of the time of tine payment of the indebtedness evidenced by said volt or any part thereof secured
<br />hereby.
<br />r. His will continuously maintain hazard insurance of such type or types and in such amounts as the
<br />Beneficiary may from time to time require, on the improvements now or hereafter on said property, and will
<br />pay promptly when due any premiums therefor. All insurance dull be carried in companies acceptable In
<br />Bensficiary and the policieo ,and Arpewmla thereof shall be held by Beneficiary and have attached ue thereto hove
<br />payable clauses in favor of and In form +iccepabir to the Beneficiary. In the event of loss, g
<br />immediate notice in writing to 8014iteiary and Beneficiary may make proof of low if not made promptly by
<br />Trustorr,d each insurance company concerned is hereby authorized and directed to make payment for such
<br />low directly to Beneficiary instead of ,Tru,t,rrnd Brnelicirry jointly, and the insurance proceeds, or any
<br />part thereof, may be applied bk Beneficiary at its option either to the reduction of the indebtedness hereby
<br />owured or to Ate restoration or repair of the property damaged. In the event of a Trustee: sale or other
<br />trawler of title to amid property ist ralingtcishmeni of the indebtednema secured hereby, dell right, title, and
<br />interest of the Trus torn and to Zay insurance policies then in force ahsll par at the option of the Benefieiary
<br />to Ilse purchaser or Beneficiary.
<br />/. He will keep the .aid premses soh as good order and eondctioh as they are now and will not commit or
<br />permit any waste thereof, reasonable wrar and tear racrlded, aml in the event of the failure of theTrustorto
<br />keep the buildings on said premises and these to he erected odh ■aid premiss, or improvements thereon, in
<br />good repair, the Beneficiary spay make such reprira as in the Beneficiary's discretion it may deem necessary
<br />for the proper preservation thereof, and any sums prod for such repairs shall bear interesl from the date of
<br />payment at the rate sperifieJ in the note, shall be due and payable on demand and shall be folly secured by
<br />this Dead of Trust.
<br />g. He will not without the prior written roosrdu of the Heneliciary voluntarily create or permit to be
<br />created against the property subject W tibia Deed of I rust any lien or liens inferior or superior to the lien of
<br />this Deed of Trust and further that he will keep a:nl maintain the same free from tine claim 'A all persons
<br />supplying labor or materiels which will enter into the construction of any and all buildings now being
<br />erected tr to be erected on amid premises.
<br />h. He will trot rent or srign any part of 'tile rent of said property or demolish, remove, or substantially
<br />miler any building without the written consent of the Beneficiary.
<br />Y. lam the event theTrustorfacls to pay any Federal, +tau, or local tax assessment, income sax or other tax lien,
<br />charge, fee, of allies expense charged to the property he+einobove dcarribed, the Beneficiary is hereby authorized to
<br />lay Ike rams and any auto so paid by Ilse Beneficiary shall be added to and become a part of the principal amount of
<br />the indebtedness evidenced by sold promissory note. if theTrustoralhall pay and discharge the indebtedness evidenced
<br />by said probationary note, and shall pay such allow and abahl discharge all taxes and liens mad time costa, fees, 0" ex-
<br />peasant of snaking, eaforeiwg 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 Trustor, or to the person or persons legally entitled thereto.
<br />10. The Trustor covenants that he is lawfully seized and poss,.ased 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 thereof against the lawful claims of all persons whonienever.
<br />11. For Meter security of the ia"tednew hereby secured the Trustorupon the request of the Beneficiary, its
<br />aurce"m or amalgam, shall execute and deliver a supplrmental mortgage or mortgages Covering any additions, ins-
<br />prswstnmis. or MtMrmemta wades to the property hersinabove dWribetdor d all properM1y acquired after the dart
<br />hereof toil is farm satisfactory to Grantee). Furthermore, shouts fall to cure any default In the payment
<br />Truato `
<br />L of a prior or interior encurubrance on the property deaeribe.l by this instrument, thereby agrees to permit
<br />Booefictory is curr with default, but Beneficiary is not obligated to do so: and ouch advances shall b000sam pore of
<br />the ". -tdala-�s occur" ivy this instrument, subject to the same terms and erditiom
<br />12. That ail swards of damages in connection with any condemnation for public in* p of or injury to any of said
<br />preparty are hereby mmaynsd and shall be paid to Beneficiary, who may apply the gusto tuitoment of the installments
<br />Iagt dire upder haaci note, and the henefieiory is hereby authorised, in the name of ski. to sascute omd deliver
<br />>s10 acquittances thereat and to appeal from any such award.
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