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Exemption or other exemption,now or hereafter provided by law. The GRANTOR further <br /> covenants that the PLEDGED PROPERTY is free and clear of all liens and encumbrances <br /> whatever and that the GRANTOR shall warrant and forever defend the PLEDGED PROPERTY in the <br /> quiet and peaceable possession of the PUBLIC TRUSTEE,its successors and assigns,against all and <br /> every person or persons lawfully claiming 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 <br /> assessments levied on the PLEDGED PROPERTY; any and all amounts due on account o the <br /> principal and interest or other sums on any senior encumbrances, if any; and will keep the <br /> PLEDGED PROPERTY insured in accordance with the requirements of the LOAN CONTRACT. I the <br /> event of the sale or transfer of the PLEDGED PROPERTY, the BENEFICIARY, at its option, may dei lare <br /> 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 t the <br /> terms of said PROMISSORY NOTE or LOAN CONTRACT, by the GRANTOR, its successors or ass gns, <br /> then said principal sum hereby secured, and interest thereon, may at once, at the option o the <br /> BENEFICIARY, become due and payable, and the said PLEDGED PROPERTY be sold in the ma ner <br /> and with the same effect as if said indebtedness had matured, and that if foreclosure be ma•e by <br /> the PUBLIC TRUSTEE, an attorney's fee in a reasonable amount for services in the supervisi i n of <br /> said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a part of the cost of <br /> foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee shall be <br /> taxed by the 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 <br /> TRUST is required,the GRANTOR,its successors or assigns will pay the expense thereof;that all the <br /> covenants and agreements contained herein and in the PROMISSORY NOTE and LOAN CONTRACT <br /> shall extend to and be binding upon the successors or assigns of the respective parties hereto; <br /> and that the singular number shall include the plural,the plural the singular,and the use of any <br /> gender shall be applicable to all genders. <br /> [THE REST OF THIS PAGE INTENTIONALLY LEFT BLANK] <br /> Appendix 6 <br /> Page 2 of 3 <br />