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r <br />x <br />003197 ;j. The Truatorcov� ants and egrep u tollofollows: 5-°'° <br />a. He will promptly pay tits iodeblydorHH evideoredl by Haiti promissory note at the times and in the <br />manner therein provided. <br />b. He will pay all lazes, teseet,smrnit,, water rut", and other governmental or municipal charges, fines or <br />impoeitiorts, for which provision has not been made hereinbefore, and will promptly deliver the oieial re- <br />ceiPle therefor to the Beneficiary. <br />r. He will pay auch expenses and fret, at, mat br incurred in the protection and maintenawp of said <br />Property. including the fees of arty dltorney employed by the Beneficiary for the collection of any or all of the <br />indebtedness hereby secured, of Hurl' expenses and fees all may be incurred in any foreelesure see by the <br />'ftwee, or court proceedings or in ally other litigation or proceeding affecting said property, and attorney <br />fees reasonably incurred sat any other way. <br />d. The rights crested by this conveyance shall remain in full force and effect during any postponement <br />or extension of lite time of the payment of the indebtedness evidenced by said note or any part thereof secured <br />may. <br />r. He will continuously maintain hazard imturance 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 shall be carried in companies acceptable to <br />Baas6ciaty'amd the policies and renewals thereof shall be held by Beneficiary and have attached thereto loss <br />Payable elifimea in favor of and in form acceptable io the Beneficiary. In the event of lasmTrustor will give <br />immediate notice in writing to Beneficiary and Beneficiary may make proof of low if not made promptly by <br />Trust torated each insurance company concerned is hereby authorised and directed to make payment for such <br />leas directly to Beneficiary instead of toTrustoresud Benficiar jointly, and the insurance rove <br />art thereof, may be applied b Beneficiary y l y P ode. or any <br />P y PP � k y at its option either to the reduction of the indeb,edwess hereby <br />secured or to Cite restoration or repair of the property dimaged. In the event of a Trustee's sale or other <br />transfer of title to said property ire extinguishment of the indebtedness secured hereby, all right, title, and <br />intern, of the Trus toVn tend to Iny insurance policies then in force shall paw at the option of the Beneficiary <br />to the purchaser or Beneficiary. \ <br />1. He will keep cite said premises in at, goo l order Anti comlitiort w they are now and will not commit or <br />Permit any waste thereof, rrtesonable wear and trur racrpird, and in the event of the failure of IheTrustorto <br />keep the buildings on said premises and those to he erected on Haiti premises, or improvements thereon, in <br />good repair, the Beneficiary spay make such repair at, in the Beneficiary's discretion it may deem necessary <br />for the proper preservation thereof, and any sums paid for such repair shall bear interest from the date of <br />Payment at the rate specified in the note, shall be due and payable on demand and shall be folly secured by <br />this Deed of Trust. <br />g. He will not without the prior written ronarnt of the Beneficiary voluntarily create or permit to be <br />created against the property subject to this Ured of Trust any lien or liens inferior or superior to the lien of <br />Ohio Deed of Trust and further that be will keep and maintain the same free from tin claim of all persona <br />supplybg labor or materials which will enter into the construction of any and all buildings now being <br />ereeseei or to be erected on said premises. <br />A. Hs will oral rent or wigs sny pert of the rent of said property or demolish, remove, or substantially <br />sh" tiny bat ling without the written conwut of the Beneficiary. <br />9. In the event ,heTrustor(ails to pay any Federal, stale, or local tax assessment, income sax or other tax lien, <br />cha►fao tees Of ether expense charged to the property hereinabove des ribed, the Bone6c(ary is hereby autbarined to <br />Pay the esms sad oily sum so paid by Cite Beneficiary shall be added to and become a part of the principal amount of <br />the irnlebtedneas evidenced by said Promiwory state. It theTrustorshall pay and discharge the indebtedness evidenced <br />by eaid promissory note, and shall pay ouch sums and shall discharge all taxes and liens and the cams, foes, and ex- <br />proem of mekimg, wrforeitsa and executing this Deed of Trust, then, upon written request of <br />Beneficiary and the surrender of the I)eed 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 possessed 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 />auCCNaors in 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 betties security of the indebtedness hereby secured the Trustory <br />Pon Oho r'aquom of tits lteneficlary, its <br />succo"M or assigno, steal) execute and deliver a supplemental mortgage or mortgages esworleg any addition&. ins <br />ar betarwwtM made to the property hereinabove defribe� end all property acquired ether the date <br />L (e6 is (am smisfactory to Greatest). FurlMrmars, should rue orfeil core any tbr(suh In the payment <br />of a prior or inferior eneumhrance an the property described by this inelrument. TruatogNreby agrees to permit <br />sawAti ry to ens much default, but Beneficiary is not obligsled to do so; and such advaeese shall bosemes part of <br />tbs lmdabtsdaoss aseursd by this i"rumeal, subject to the some terse and eorditemr. <br />11. That 10 awards of damaass in conneelion with any condemnation (or public use of or tmjnry to any of maid <br />fly ese hereby aw/psad and shall be Paid to Beneficiary, who may apply the a to ppaaymast of the installments <br />hest aloe ussisr wiq Grote, and sloe Beneficiary is hereby sulhurisod, in the allow of tire` rust or to aadrs^n/e and deliver <br />valid 4WgWgassese thereof and to appeal from any such sward, <br />