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,. ._. . . .�. _ <br /> ,�� . •:. . . .._-__ �_ � -- <br /> u:�.�..........a91S3G':.'P�+x?�aY��_�..x-- <br /> �-.� s . , . . � ._......�...r .�s.�.�a-` <br /> ��- 3��'iS <br /> $. Maintain the building and i.ts improvemen�e dnd all� peraonel <br /> proparty eold under the parties� Gontrnct for Sele of Real <br /> E�tate, in qood conditfom m�d repeir. <br /> C, pey s].l ganeral and epacial taxee and d11 specf.el desesements <br /> of every kind levied or Aeaessad against or dua upon eaid <br /> property befare d�liilquency, and to deliver to BENEFICIARIES <br /> copfes of receipts ehowing payment of such taxes. <br /> r; p_r.ocure and ma�in�ain policies af a�ll-risk insurance on said <br /> improvements, in swns and underwritten i�y companiea accd�►�ab1.8 <br /> to the BENEFICIARIES, in An amount at lenst equdl to the <br /> indebtednese to Equituble Building and Ladn Aasociati.on and <br /> �he indebtsdness securinq �this Deed of Truat, which policy <br /> shall name BENEFICII�RIES tts additional insurede, with the losa <br /> proceeds payable to the pnrties as their i.ntereats may appear <br /> hereunder. TRUSTOR agrees to �rovide BENEFICIARIES with <br /> copies of such pol.icies or certificates of insura�nce durinq <br /> the term of this indebtedness, which policies of insurnnce may <br /> nat be canceled by said carrier without 15 days �rritten notice <br /> to BENEFICIARIES. <br /> TRUSTOR covenants and agrees th�t a f.ailure to make any <br /> payment, either principa�l or interest, on the No�ithCA ed �r�h� <br /> when due a�nd payable, or a failure to comply Y <br /> cavena�nts dnd agreements hcreia made shall. aause the whole sum of <br /> money hereby securerl to beco�ae immediately due and collectible at <br /> the option of the BEIdEFxCIl�RI�S, dnd BENEFICIARIES shal]1 have the <br /> right to cauae Notic� of Default to be q�ven nnd the premises to be <br /> sold as tarovided herein. <br /> The parties mutu�bly agree as follows: <br /> .� . ���;� ,,.,�t fr�m time to time upon written request of <br /> L'1• A�. fiNl <br /> BENEFICIARIES, pa�yment of fees and presenta�tion oi tnis ue�su <br /> of Trust and the Note for endorsemant (in case ���p�� <br /> reconveyance, for cAncellation and retention), <br /> affecting the lia�bility of any person for the payyr�ent o� the <br /> indebtednESS, TRUSTEE may (a) consent tn the makiug of an� �tAp <br /> or plat of said property; (b) join in grantinq any eas�men� or <br /> craating any restriction thereon; (c) jo�n� in anY <br /> subordination or oth�r dqreement affecting this Aeed of Tsx�st <br /> or the lien or charge thereof; (d) reconvey this� Deed of Trust <br /> or the lien or charqa thereof; (e) recon��ey, without warranty, <br /> all or any pnrt of said property. <br /> B. The grantee in �ny Deed of Reconveyance raay be described ns <br /> � „the person vr persot�s entitled thereto", nnd the recitals <br /> therein c�f any m�tter� or facts shall be conclusive proof of <br /> thg truthfulness thereaf. <br /> C. Upon default by TRUSTOR in the paym9nt of indebtedness secured <br /> hereby or in t3��e performance of any agreem�nt hereunder, <br /> BENEFICIARIES may declare all sums secured hereby immediately <br /> due and payable by delivery to TRUSTEE of written declaration <br /> of default. If BENEFICIARIES desire said property ta be sc►ld, <br /> they shall deposit wi�h TRUSTEE this Deed of Trust aaad �all <br /> promissox�y notes snd documents evidencing expenditures secured <br /> hereby, and sha�l deliver to T7RUSTEE a written Natice of <br /> ' form requiredlbytlaw,twhi.ch�shall berduly filedbfor record by <br /> TRUSTEE. <br /> l 1) After the lapse og such time`es may_be requi Qed ��r_t nn <br /> (presently beinq one �i j in�u��, ��+....^.�.•y �••- =------��_� <br /> df Said NOt�CB OF D@tdult), ro�ic:� ��i uni�tl2� .::.'�. :? i ° <br /> of Sale having been given as required by lgw, TRUSTEE, <br /> without demand on TRUSTOR, sha].1 sell sazd property on <br /> the date and at the time and place designated in said <br /> Notice of Sale, et public auction to the highest bidder, <br /> the purchase price payable in lawful money of the Un�ted <br /> States at the time of sale. The person conducting the <br /> -2- <br /> _ -- <br />