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~2~- ~-(.~~321
<br />all monies advanced in the exercise of the power of sale
<br />including the abligatiore secured by the Trust Deed, and the
<br />balance, iL any, shall be paid to tree 1'RL'STl7R, his successors in
<br />interest and assigns, or :in the discretion of the TRUSTEE paid
<br />inter a Gourt of competent jurisdiction and made the subject of an
<br />interpeader action. Any person, including t're BENEFICTARX, may
<br />purchase said property at such sale.
<br />The TRUSTt7R covenants that at the tune of dsliverv of these
<br />presents, he is seized of said real estate in fee simple, and
<br />that said real estate is Erse cf encumbrances, except easements,
<br />rights-af-way, restrictions and reservations of record, and he
<br />will keep all buildings on said real estate .insured far fire,
<br />f2oad, lightni?:g and hazards, including an extended coverage in
<br />an amount equal to the unpaid balance of the- aforesaid note with
<br />loss payable to the BENHFICIARY, and will pay all taxes and
<br />assessments against said real estate and amounts due on pxiar
<br />encumbrances, and if he shall fa.i2 to pay insurance premiums,
<br />taxes err amounts due an prior encumbrances, the IIEpiBFICIARY may
<br />nay the same and all amounts so paid sha1.L become additional
<br />indebtedness due hereunder; and in the cases of foreclosure,
<br />TRUST(7R shall pay any reasonable attorneys fees incurred by
<br />BENEFICIARY err TRUSTEE i.n such foreclosure proceeding.
<br />Should the BE:~EFICIAt~.Y hereunder be made a party to any
<br />action affecting this Trust Deed or ;.he title to said real
<br />estates, ,« 's°'RLS3~r agr:~~.. that ___ court ccst uad reasarabl~
<br />attorneys fees paid Yay tiae 3Ei1EFICIARY shall become additional
<br />sums do hereunder; and the TRuSTUR does hereby release and waive
<br />all claims to said real estate as a homestead exemption or other
<br />exemptiior. new err hereafter provided oy law.
<br />It is agreed that in case ai default in payment a= said
<br />principal err interest err a breach of any revenants herein, then
<br />"the whale principal aura hereby secured thereupon may at the
<br />optior= of the BE'T+E~'ICIARX became due and payable at once, and
<br />bear interest thereon at the rata oz fifteen percer=t (lS~) per
<br />annum from the date declared due, an^,•thing in said Znstallment
<br />Sale Contract to the contrary notwithstanding, and passessian of
<br />said real estate will thereupon be deliverer to tre BE;VEFICIARY,
<br />and on failure to deliver such passessian to the BE:9EFICIARY
<br />shall be entitled. tc a receiver star such property, and may be
<br />appoizated by any Court of canrpetent ;urisdiction.
<br />Should the real estate, whicte is hereby placed as security
<br />fcr the inelentecness evidenc£d by the Installr<aent Sale contract
<br />err t?se TRt1STGR bearing the date cf Ckctaber 28; 2981, be conveyed
<br />err placed as security to a party other t'sran the BENEFICIARY,
<br />subject to this Trust L3eed or the balance due thereon, the
<br />HENEFCIARY may, at his option, declare a breach hereof arzd
<br />declare the whole principal amount then due on said Znstallment
<br />Sale Corztrmct in~sadiately due and exercise his rights as
<br />The previsions herein. carxtained shall 'v;.nd, and the benefits
<br />and advantages shall inure to the respective heirs, devisees,
<br />Legatees., rxerso:.aL rCpres@.:TetzltiV£'s, successors and assigns of the
<br />'~12USTf:E, 'i`RUSTfJA and B~:htEFICIi':Z;Y.
<br />n
<br />DATER this day of ~.~.,.. 298
<br />. -~,~~!
<br />is iani fi Garry '-'
<br />1SS:
<br />tits Chas '' .--eta err ~ 2~Esi~ , _befarc saax: tt~iE
<br />urst~`~:~igssea3, a =3otar eubiac du ;r r,.4zraaiss~san~e3~ end ~ua1.~`.a~:c. .'C,r
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