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0 $g.., 10 U 5 65 due unde the parties' Trust Deed Note, which policies shall name the BENEFICIARY as an additional insured, with the loss proceeds payable to the parties as their interests may appear hereunder. TRUSTORS agree to provide BENEFICIARY with copies of such casualty insurance policy or certificate of insurance during the term of this indebtedness, which policy of insurance may not be cancelled by said carrier without fifteen (15) days written notice to BENEFICIARY. E. In the event the TRUSTORS fail or neglect to pay taxes and procure casualty insurance, all as above set forth, then BENEFICIARY may pay such taxes and procure such insurance, and all sums expended and advanced by BENEFICIARY or TRUSTEE in accordance with the provisions contained herein are secured hereby and, without demand, shall be immediately due and payable by the TRUSTORS anal shall.bear interest at the rate of fourteen percent C14 %) per annum until, paid; provided however, that at the optima of the BENEFICIARY or TRUSTEE, such advancements for payment of taxes and s insurance may be added to the principal balance of any indebtedness secured hereby and shall beaie interest at the rate of fourteen percent (14VI per annum until paid. TRUSTORS covenant and'iagree that a failure to make 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 tl'ae., :. BENEFICIARY, and BENEFICIARY shall have the right to cause.. Xotice of Default to be given and the premises to ' be sold as provic3sd "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' -br charge thereof; (d) reconvey, without warranty, all or any•'part of said property upon request of BENEFICIARY. B. The:. "grantee in any Deed of Reconveyance may be described as "the person or persons entitled thereto ", and the recitals the of any matters or facts shall be conclusive proof of the truthfulness thereof. Reconveyance shall operate as a reassignment of rents and profits assigned to-TRUSTEE. C: Upon default by TRUSTORS in the payment of indebtedness secured hereby or. in-, bite performance of any agreement hereunder, BENEFICIARY. may declare all sums, secured hereby inime liately due and paia'' bie" by' -;delivery to TRUSTEE 'of written declaration of default.',•tf• 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 L of said Notice of Default, and Notice of Default and Notice of Sale having been given as required by law, TRUSTEE, without demand on TRUSTORS, 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 - 2 - -I �R i j-