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Instrument Book Palle <br /> 2014004211:25 OR 569 73 <br /> or to claim the whole or any part thereof. <br /> Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and assessments <br /> • levied on the COLLATERAL; any and all amounts due on account of the principal and interest or other sums on <br /> any senior encumbrances, if any; and will keep the COLLATERAL insured in accordance with the requirements of <br /> the LOAN CONTRACT. In the event of the sale or transfer of the COLLATERAL, the BENEFICIARY, at its option, may <br /> declare the entire balance of the note immediately due and payable. <br /> In case of default in any of said payments of the principal or interest, according to the terms of said <br /> Promissory Note or LOAN CONTRACT, by the GRANTOR, its successors or assigns, then said principal sum <br /> hereby secured, and interest thereon, may at once, at the option of the BENEFICIARY, become due and payable, <br /> and the said COLLATERAL be sold in the manner and with the same effect as if said indebtedness had matured, <br /> and that if foreclosure be made by the PUBLIC TRUSTEE, an attorneys fee in a reasonable amount for services <br /> in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a part of the cost <br /> of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee shall be taxed by the <br /> court as a part of the cost of such foreclosure proceedings. <br /> It is further understood and agreed, that if a release or a partial release of this Deed of Trust is <br /> required, the GRANTOR, its successors or assigns will pay the expense thereof; that all the covenants and <br /> agreements contained herein and in the Promissory Note and LOAN CONTRACT shall extend to and be binding <br /> upon the successors or assigns of the respective parties hereto; and that the singular number shall include the <br /> plural, the plural the singular, and the use of any gender shall be applicable to all genders. <br /> [THE REST OF THIS PAGE INTENTIALLY LEFT BLANK] <br /> Appendix 5 to Loan Contract C150334 <br /> Page 2 of 3 <br />