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200104126 It is agreed by and between the parties hereto that while title is vested in the TRUSTEE and until filing of Notice of Default, the TRUSTOR shall: A. Retain possession of the property at all times, except as may be otherwise agreed by the parties in writing. B. Maintain the building and its improvements and all personal property sold under the parties' Contract for Sale of Real Estate, in good condition and repair. C. Pay all general and special taxes and all special assessments of every kind levied or assessed against or due upon said property before delinquency, and to deliver to BENEFICIARY copies of receipts showing payment of such taxes. TRUSTOR covenants and agrees th_ -It a failure to m „kE any payment, either principal or interest, on the Note secured hereby when due and payable, or a failure to comply with any of the covenants and agreements herein made shall cause the whole sum of money hereby secured to become immediately due and collectible at the option of the BENEFICIARY, and BENEFICIARY shall have the right to cause Notice of Default to be given and the premises to be sold as provided herein. The parties mutually agree as follows: A. At any time and from time to time upon written request of BENEFICIARY, payment of fees and presentation of this Deed of Trust and the Note for endorsement (in case of full reconveyance, for cancellation and retention), without affecting the liability of any person for the payment of the indebtedness, TRUSTEE may (a) consent to the making of any map or plat of said property; (b) join in granting any easement or creating any restriction thereon; (c) join in any subordination or other agreement affecting this Deed of Trust or the lien or charge thereof; (d) reconvey this Deed of Trust or the lien or charge thereof; (d) reconvey, without warranty, all or any part of said property. B. The grantee in any Deed of Reconveyance may be described as "the person or persons entitled thereto ", and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof. C. In the event of any delinquency in payment by TRUSTOR, TRUSTEE shall provide TRUSTOR with written notice of such delinquency and TRUSTOR shall have 10 days after the date of such notice to cure such delinquency. In the event TRUSTOR fails to cure the delinquency within such period of time, TRUSTEE may declare a default by TRUSTOR. Upon default by TRUSTOR in the payment of indebtedness secured hereby or in the performance of any agreement hereunder, BENEFICIARY may declare all sums secured hereby immediately due and payable by delivery to TRUSTEE of written declaration of default. If BENEFICIARY desires said property to be sold, they shall deposit with TRUSTEE this Deed of Trust and all promissory notes and documents evidencing expenditures secured hereby, and shall deliver to TRUSTEE a written Notice of Default and election to cause said property to be sold in the form required by law, which shall be duly filed for record by TRUSTEE. (1) After the lapse of such time as may be required by law (presently being one (1) month following the recordation of said Notice of Default), Notice of Default and Notice of Sale having been given as required by law, TRUSTEE, without demand on TRUSTOR, shall sell said property on the date and at the time and place designated in said Notice of Sale, at public auction to the highest bidder, the purchase price payable in lawful money of the United States at the time of sale. The person conducting the sale may, for any cause he deems expedient, postpone the sale from time to time until it shall be completed and in every such case, notice of postponement shall be given by