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g The Trua eveasats and ogres„ as follows: 86- i oeSS2 <br />a. He will promgdly pay the i►dd. La dud ss r ideored by raid prowissory note at the times and in the <br />m uer therein provided. <br />8. He will pay all taxes, arresaments, water rates. and other governmental or municipal charges, fines or <br />imimmlierW for which provision has not been made hereinbefore, and will promptly deliver the olirial re- <br />eeipls th"OW to the Beneficiary. <br />r. He will pay such expenses and fers as may be incurred in the protection atd, maistsmaaoe of said <br />pro perty. indedling the fees of sny attorney employed by the Beneficiary for the collection of eery or all of the <br />t aleblmMer hereby secured, of such expenses and fees as may he incurred in any forselwure oak by the <br />Tnowr or court proceedings or in any other litigation or proceeding affecting aid property, ants attomys' <br />foas't mostably inur ed in any other way. <br />d. The rights created by this conveyance shall remain in full force and effect during any postponement <br />or cut etnai it of the time of the payment of the indebtedness evidenced by said note or any part thereof secured <br />hereby. <br />e. He will continuously maintain hazard insurance of such type or types and is such amounts se the <br />Beneficiary may from time to time require, on the improvements now or hereafter on said property. and will <br />pay; promptif" wheni, flue any premiunds therefor. All insurance shall be carried in companies acceptable to <br />BimeAtitary and the policies and renewals thereof shall be held by Beneficiary and have attached thereto lose <br />pay-bb tiawme in favor of and in faros acceptable to the Beneficiary. in the event of e,w,Trustorwill give <br />itwt edieM nailra in writing to Beneficiary and Beneficiary may make proof of low if not made promptly by <br />Trustorsed verb insurance company concerned is hereby authorized and directed to stake payment for such <br />low directly to Beneficiary instead of tuTrustorsud Beneficiary jointly, and the insurance proceeds, or any <br />part thereof, may be applied bar Beneficiary at its option either to the reduction of the indebtedness hereby <br />semarsi or to the restoration or repair of the property damaged. In the event of a Trustee's ale or other <br />transfer of title to said property it rztinguishment of she indebtedness secured hereby, all right. title, and <br />interest of the Trustosn and to stay insurance policies then in force shall pass at the option of slits Beneficiary <br />to the purchaser or Beneficiary. \ <br />J. He will keep the said premises in ar goo4l order and condition u they are now and will not commit or <br />permit any waste thereof, ressw►abk wear and irar excepted, and in the event of the failure of theTrustorto <br />keep the buildings an said premises anti those to he erected on said premises, or improvements thereon, in <br />good repair, the Beneficiary spay make such repairs as in the Beneficiary's discretion it may deem necessary <br />for the proper preservation thereof, and any sums paid for such repairs shall beer interest 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 Dodd of Trust. <br />!f. He will not without the prior written consent of the Beneficiary voluntarily crate or permit to be <br />created against the property subject to this Deed of Trust any lien or liens inferior or superior to the lien of <br />this Deed of Trust and further that he will keep and maintain the same free from tin claim of all persons <br />supplying labor or materials which will enter into the construction of any and all buddimp now being <br />eeo-as at to be meted on said premism. <br />A. He will sot rent or assign any part of the rent of said property or demolish, remove, orsubstantially <br />AW my building without the written consents of the Beneficiary. <br />y. In the event 1heTrustorfails to pay any Federal, state, or local tax assessment, income tax or other tax lien. <br />rhaspe, foe, at other expowe charged to the property hereinabove described, the Beneficiary is hereby authorized to <br />pay the same and any sum se paid by the Beneficiary shall be added to and become a part of the principal amount of <br />for imdeliledw evidenced by said promissory note. if theTrustorrinall fay and disrharge the in&Modmess evidenced <br />by ennui >pnennirrsry sate. and dull pay such sums and shall discharge all taxes and liens and the costs, for, and ex- <br />peoraa,of ttnakiag, safsmiwg 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 posaussed of and has <br />the right to sell and convey said property; that the same is free from all encumbrances <br />except'. liras and encumbrances now of record; and that he hereby binds himself and his <br />succaaore its interest to warrant and defend the title aforesaid thereto and every <br />part thereof against the lawful claims of all persons whomenever. <br />11. For better aenrity,of the uue6edmim hereby secured the Trustorupon the sequwt of she Beneficiary. its <br />oweessom.ar sa iom, shall execute lewd deliver a supplemental mortgage or wartfppe covering any additions, im- <br />M«e N. e. b@"W mmb � to ib pwpany bommahwe daWribed sad all prspesty eaqueed after the date <br />hereof Isis le brw smisfactory to Grans"). Furthertwem. s! waWrustorfall to awe any "amb in the payment <br />of'a prior or infasin► encumbrance on the property described by this instrument. TrustP%er* to permit <br />ieiemry' -tm care wteb defwh, but 8eneicia pa <br />ry ts tot obltaaled to dies M: lewd web adtreweae shall horses pr ri of <br />Ldte bad oreured by this i"rnn om..wI j. - to the "me wr•ow and $=*"at. <br />It That 811 awdtsds of dledasew in ematimiam with any condemnation for public an of or injury to may of said <br />ls*Pmy' sea 11101eby snigaad and shall he laid to Rewofieisry, win may apply the.amas to payment of the installments <br />Swi dies radar slid we* and tin 8awAriary it bemby authorised, in tine Santa of th4rubfor to mats "S and deliver <br />walls thereof and to appeal kale may such award, <br />c,d t <br />