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9 <br />And the said Grantor does hereby covenant and agree <br />with the Beneficiary as follows: <br />7- - ~A~S,~ r ,. ~N~T~g r~.~ The Grantor shall <br />pay all taxes, assessments, and charges as may be lawfully <br />levied against said Premises within 3~ days after the same <br />shall become due. In the event that Grantor fails to so <br />pay all taxes, assessments and charges as herein required, <br />then Beneficiary, at his option, may pay the same and the <br />amounts so paid shall be added to the principal of the Note <br />secured by this Deed of Trust, and shall be due and payable <br />upon demand of Beneficiary. <br />2. ~,. The Grantor will keep the Premises herein <br />conveyed in as good order, repair and condition as they are <br />now, reasonable wear and tear excepted, and will comply <br />with all governmental requirements respecting the Premises <br />or their use, and will not commit or permit any waste. <br />3. c~~~ATION_._ In the event that any or all of <br />the Premises shall be condemned and taken under the power <br />of eminent domain, Grantor shall give immediate written <br />notice to Beneficiary and Beneficiary shall have the right <br />to receive and collect all damages awarded by reason of <br />such taking, and the right to such damages hereby is <br />assigned to Beneficiary, who shall have the discretion to <br />apply the amount so received, or any part thereof, to the <br />indebtedness due hereunder acid if payable in installments, <br />or to any alternation, repair or restoration of the <br />Premises by Grantor. _ <br />4. Grantor covenants with Beneficiary <br />that he is seized of the Premises in fee simple, has the <br />right to comrey the came in fee simple, that title is <br />marketable and free and clear of all encumbrances, and that <br />he will warrant and defend the title against the lawful <br />claims of all persons whomsoever, except for the exceptions <br />hereinafter stated. . <br />5. If Grantor shall fail to gerform <br />any of the covenants or obligations contained herein or in <br />any other instrument given as additional security for the <br />Note secured hereby, the Beneficiary may, but without <br />obligation, make advances to perform such covenants or <br />obligations, and all such sums so advanced shall be added <br />to the principal sum, shall bear interest at the rate <br />provided in the Note secured hereby for sum$ due after <br />