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<br />�?- ' B. Maintain the building and its improv�me*�ta and all personal
<br /> =��,;,'.��,.�� �raperty sold un�d ndi ion andirepairntract for Sal� of Real
<br />.�•.x�_L
<br /> Estate, in good
<br /> � C, p�y 8l1 ganeral and apecial taxes and all epecial aaeesements
<br /> ;' �t'�� of every kind levied or assessed against or ciue upon said �-
<br /> �•.�-�""'°-�= property before delinquency, aRn�tof auch taxes.BENEFICIARY
<br />.rw� copies of receipts ahowing paYn►•
<br /> � D. Procuxe and maintain policies of all-risk insurance on said
<br /> ���.:�;, .' improvements, in sums and underwritten by companies acceptable
<br /> to the HENEFICIARY, in an amount of i�c es t shall y n�tmeusthe
<br /> ir= �,;+ •; Dollars ($20,000.00) , whi.ch p
<br />�-'-�+'�
<br /> ,,�:,. BENEFICIARY as additional insuxeds, with the loss procee s
<br /> � "��� a able to the paxties as their interests may appear
<br /> ��;sy�v� P Y
<br /> hereuaader. TRUSTORS agree to provide BENEFICIARY with cop es
<br /> ,_r:;���. of such policies or certificates of tnsurance during �he term
<br />:-.s-rtr?
<br /> =�;;_.=r,;,;;;' of this indebtedn�ss, which policies of insurance may not e _
<br /> �=`��r canceled by said carriex without fifteen (15) days wri�ten
<br /> -..�:`"�'�" notice to BENEFICIARY.
<br />__�����
<br /> ;�,,-�� TRUSTORS covenants and agrees that a failure to make any
<br /> ��'�� pa y ment, either principal or interest, on ths Note secured hexeby
<br /> - ---— when due and paya b l e, o r a f a i l u r e t o c o m pl y with any of th�
<br /> �,,� covenants and agreements herein made shall cause the whole sum of
<br />--_-.�,�� money hereby aecured to become immediately due and collectible at
<br /> -�,m� the option of the BENEFICIARY, and BENEFICIARY shall have the righ.t
<br /> ----��_ �o cause Notic r in Default to be given and the premises to be sold
<br /> -"- d3 �Y'aV�L�9L� h-.-
<br /> The parties mutually agree as follows:
<br /> A. At any time and from time to time upon written recqu�est of
<br /> BENEFICIARY, payment of fees and presentation of th3s Deed of
<br /> -__---__-__._ ���,st and the NotP for endossement (in case oW�thQUt
<br /> reconveyance, far cancellatio ersond for the payment of the
<br /> affectinq the liabilaty of any p
<br /> indebtednesso TRUSmEE may �a� oin in trantinqaany easement or
<br /> � or plati of said pruperty; (b) j � oin in any
<br /> — creating any reatriction thereori; (c) ]
<br /> subordination or other agreemen a areconve this Deed of Trust
<br /> or the lien or charge thereaf; �d� reconvey, without warranty,
<br /> or the lien ar�hofgs id pr perty.
<br /> all or any p
<br /> g. The 9rerson or per ons ntitl d thereto'm,�and thocrecitals
<br /> the p
<br /> therein of any matters or facts shall be conclusive proof o
<br /> the truthfula►ess thereof.
<br /> C. Upon default by o�RUin� thelnperforanance n of�fany dagreement
<br /> secured hereby
<br /> hereunder, BENEFYCIARY may declare all sums secured hereby
<br /> ___- immediately due and payable by delivery to TRUSTEE of writtsn
<br /> declaration of default. If SENEFICIARY desires said property
<br /> -_---°-- to be sold, they shall deposi� with TRUST�E this Deed of Trust
<br /> --_--= and all promissory not�s and documents evidencing expenditures
<br /> _ _-�=� secured hereby, and s�a11 deliver to TRUSTEE a written Notice
<br /> —=-'�� of Default and election to eause said property to be sold in
<br /> -.j,a;'°.:�"'�,� the forn► required by law, which shall be duly filed for record
<br /> `�'�"'° by TRUSTEE.
<br /> _--�%����'� ., � nfr..�r the lapse of such time as may be required by l�.w
<br /> .:-,�:a ��i ---- - -
<br /> _a_..t....
<br /> w��
<br /> (presently being one (1) montn roiiowing LIIC �cco�..a..�..•-
<br /> j`:w._;,,,..;�,_. ;! of said Notice of Default) , Notice of Default and Notice
<br /> _,,;.;�.�'�,�� .� of Sale havinq been given as required by law, TRUSTEE,
<br /> -- _. .,_.;.:. without demand on TRUSTORS, shall sell said property on
<br /> °`'� `� �� ' the date and at the tiime and place designated in said
<br /> �::3:: � •.� :, ;
<br /> � ' •.,�.:. Notice of sale, at public auction to the highest bid er,
<br /> , - ;.,., the purchase price payable in lawful money of the Unit�d
<br /> .� ..�f .� States at the time of sale. The person conducting the
<br />,�;� �.�*^ e��= sale may, for any cause he deems expedient, postpone the
<br /> •� „o�r.
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