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r L t 85-004134 F. BENEFICIARY may from time to time substitute a successor or successors to any TRUSTEE named herein or acting hereunder. Upon such appoint- ment, and without conveyance to the successor TRUSTEE, the latter shall be vested with all title, powers, and duties conferred upon any TRUSTEE herein named or acting hereunder. Each such ap- pointment and substitution shall be made by written instrument and executed by BENEFICIARY, containting reference to this Deed of Trust and its place of record, which, when recorded in the office of the Register of Deeds of the county or counties in which said property is situated, shall be conclu- sive proof of proper appointment of the successor TRUSTEE. The foregoing power of substitution and the procedure therefor shall not be exclusive of the power and procedure provided for by law for the substitution of a TRUSTEE in the place of the TRUSTEE :tamed herein. G. TRUSTORS covenant and agree that upon any convey- ance, assignment or transfer of their interest in the premises during the term of the loan secured hereby, the BENEFICIARY shall have the option of declaring the unpaid balance immediately due and payable, and if said sum remains unpaid for fifteen (15) days thereafter, BENEFICIARY can cause Notice of Default to be given and the premises be sold as provided herein. N. As additional and collateral security for the loan and effective forthwith upon filing of a Notice of Default, this instrument shall serve as an assign- ment by the TRUSTORS to the TRUSTEE, of all rents and revenues resulting from the property, and TRUSTEE s authorized to take possession of the property, rent or !ease the same on terms he deems best and to c( -)llect the rents and revenues and ar, .ly the same upon unpaid interest, principal, taxes or insurance premiums or for maintenance and preservation of the premises. E. the waiver by TRUSTIA.: or fiENEF1CIARY of any default of 1'1 ?i.?S'rCl ?S under this Deed of Trust, on one occa- sion, shall not be or be fieemed to be a waiver of any other or similar defaults subsequently occurring. J. If title to any part of the property herein shall be taken in condemnation proceedings, by right of eminent domain, or similar action, or shall be sold under threat of condemnation, all awards, damages and proceeds are hereby assigned and shall be paid to the BENEFICIARY, who shall apply such payment, or any part thereof., in his sole discretion, to the sun due at that time on this Deed of Trust and Trust Deed Note, with any balance above the amount due hereunder payable to the T RUSTORS. K. The BE:NEF.ICIARY, his agents or representat:i.ves, are hereby authorized to enter, at any reasonable time, upon any part of the trust: property for the purposes of inspcyctinq the same and for the pur- pr.ase of performing any of the acts he is authorized tr:i perform Under the terms of this Dood of 'Trust anu:i vtlaer aCcompanyin,i (locuments. "his ;)vod of Trust. anr? ail aacc:ompany i nq dn<�utr.nt t, rre taubtc•crt tc,, ?n::trucr�t anti nrne�c! b'} th„ 1.1-4:; 1 r:h .. >a..atq:r lcl >r:er,ka "or .ell ar;