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L The Truss and &areas se follows. 8s-- 10688 He will promptly pay lice inarhtedhhr.. evidenral fly said promissory note at lire times sad in the He will pay all'taxe&, assesrmrMs, wain rates, and 'other governmental or municipal charges. fines or sans, for wblkb provision bas not been made hereisbefore, and will promptly deliver the official re• tmref r w the "Beaticiary. ft will pay ouch expaiare and fora as may be incurred in the protection out msintataooe of said F. including eke (am of any attorney employed by cite Bettefiriary for the collection of my or all the Iowa hereby secured, of Such expenses anti free so may be incurred in any foreclosure sale by the er court proceedings or in any other litigation or proceeding affecting said propene, and atl"Mys' smalilly incurred its any other way. rho rights created by this conveyance stall remain in rail force and effect daring any poslpowement lion of the time of the payment of the indebtedress evidenced by said rote or any part thereof secured e. He will continuously maintain hasard insurance of such type or types sad is await anntoulM sa the Bsueieiery �as from time to time require, on the improvements now or hereafter On. said property. and will psy�Ipriampilf wbem due any premium therefor. All insurance Shall be carried in' companies acceptable to Bemeieiary said the peliriea and rrnrwals thereof shall be held by Beneficiary and have attached thereto low Pay" efatree in favor of and in form acceptable to the Beneficiary. in the event of less.Tt ustorwill give imtaaaiiate aiotite in writing to Beneficiary and Beneficiary may make proof of loss if not made promptly by True torte each insurance company concerned is hereby authorized and directed to make payment for Such Iw directly to Beneficiary instead of luTrustorand Beneficiary jointly, and the insurance proceeds, or any part thereof. stay he applied bjt Beneficiary at its option either to the reduction of the indebtedness hereby secured or to life restoration or repair of the property damaged. In the event of a Trustee's sale or other transfer of title to said property it extinguishment of the indebtedness secured hereby, all right, title, and inlereet of "Trusto ;n and to ley insurance policies then in force shall paw at the option of the Beaeiciary to the purchaser or Beneficiary. \ /. He will keep life said premises in as good order and condition as they are now and will not commit or permit any waste thereof, reasuuable wear and tray excreted, and in the event of the failure of tbeTrustonu keep the building* on said premises and those to be erected on said premises, or improvements thereon. in sea repair, the Beneficiary spay make such repair* as in the Beneficiary's discretion it may down necessary fee the ps-per preservation thereof, and any sums paid for such repairs shall bear internal from the date of payment at the rate specified in the note, &limit he due and payable on demand and shall be fully secured by this Decd of Trout. X. He will not without the prior written consent of the Beneficiary voluntarily create or permit to be created against the property Subject io this teed of Trust any lien or lie" inferior or superior to the lien of this Deed of Tract and further that he will keep and maintain the "am free from the claim of all persons supplying labor or materials which will enter into the construction of any mad all buildings now being et+-- d or to be created on said premises. A. He will act rent or assign any part of cite rent of said properly or demolish, reatove, or substantially nhet any building without the written con scat of the Beneficiary. 9, In the event theTrustorfails to pay any Federal, state, or local tax assessment, income tax or other tax lien. rhorfm% fee, or other expense charged to the properly hercinsbove .lesrribed. the Beneficiary is hereby autberised to pry trite same sail any cam so, paid by the Beneficiary shall be added to and became a part of the principal amount of life irnkMedwee evidenced by said promissory noic. If theTrustorsball pay mad dierharppe the indebtedness evidrnced by amid pewinimm" note, and shall pay such sums and shall discharge all laxa and fie" sad the mass, fees, and ex• peaces of makMB aafereisg sad executing this Deed sat Trout. ' then, upon written request of `llenef ciary and the surrender of the Deed of Trust and the note to the Trustee, the Trustee : shall, after payment by Trustor of the Trustee's fees, recoavey the property to the Truator. or to the person or persons legally entitled thereto. 10. The Trustor covenants that he is lawfully seized and possessed of and has that rfsht to sell and convey said property; that the same is free from all encumbrances except ,Item and encumbrances now of record; and that he hereby binds himself and his successore'ilt interest to warrant and defend the title aforesaid thereto and every part tharttof against the lawful claims of all persons whompoever.