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<br /> f SEr j` �,,sr anrl one-half pesceat t7.5�} per anaum unti2 pafd; provided hooeever, that � ..,,�� ��°
<br /> �- �,�: at the option of the BHDSSFICZARZHB aad TRLJSTSB, such advancemeata for Q • • .� :^�.:,
<br /> _ ``•:,� ��-E�� payrasa� of taxes aad fnsurance may be added to the priacipal baiaace af � •��.� ": F
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<br /> � � -��- a�+ indebtedineas secure8 hereby and s1:a11 bear iatezeat at the rate of � f � :t ;
<br /> � _ K �^ `:Y� twelve pezceat (lZ�) per aanum �m�il paid. � � , ,, '
<br /> � � �:` � z"r_
<br /> - TRIISTORS covenaat and agree that a failure to make any payment, either � t ��:; ;
<br /> _t .` �...,.. ' a ' priacipal or interest. an the Alote secnre8 hereby �rhea du� and payable, or a ,< .��.f. "
<br /> .'� :�-`_� ��_� failwe to cromply vafth aay oP the caveaants aad agreementa h�rein made sY�all H.,�:.M:. :;�-- -
<br /> � � s_ i� . cause the a�ole st� of moaey hereby secured to became fffinediately due and ;` •�
<br /> ° °;_._., . :Sr `�.:: collectible at tl�e aptfon of the BSNSPICIARI88. and BSABPICIARISS ehall have the 4 � �
<br /> - � - ' �` right to cauae Notiee of Defau2t to be qiven and the psemiees to loe sold ae _ ":
<br />��+�` . --.:r: provided herein. -•�-:'._ 'i
<br /> � �. ��•_ �4 _ tY; ',
<br /> ��� ' ; The parties mutually agree as fol2ows: : `�
<br /> �� j �� `� £�.� A. At any time and from time t0 time t�on �ritten sequest Of BSI�PICIARISS. ` '' �
<br /> '�;,• , .:. - ,.. ,�;" payment of fees and pseseatatioa of this Deed of Trust aad ttie Note fos - ?� �
<br /> � - -�Q=- endorsemeat (in case of full reconveyauce, for caaceliatian aud � -�
<br /> �` `-� r retentian), without affecting tlie liability of aay person for the payaeent ''"•;_
<br /> `'��_,�. `-� ._��-.i�� of the iadebtedness. TRIISTSB may fa) canseat to the abakiag of auyt map or ___
<br /> '� ' ° � "'f.�_�� plat of said Property; lb) jofa ta granting aay easeineat or creating aay :- ' _
<br /> ' .` � ' i sestrictiou thexeon: tc? ioia in auy subordiaatioa or other agreement -
<br />_�'-°=,-.-.:�-.�;.<:;,.-::.;.:.rr. affectiag thf.s IIeed of Tzust or the 21ea or c]earge thereof s (d) recomrey '_T .-
<br /> .��� " � • � <-` k this Deed of Tsust or the lien or cbarge thereof: idy recomrey. Qvithout f; �
<br /> t�'_�� ''_.:- evazranty, all or'aaY Fart of said psaperty upoa zequest of B�tBPICIAR283. i ' -
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<br /> �r T. B. The qraatee in aay Deed of Recamveyance may be described as °the pereca or ` i �
<br /> _�:�,.-,--,h:.:�_T..,.:d....a perscna eatitled theseto". aad th� s�citala therein of any matters or - - -.
<br /> ;,� •- s �,;•;=�.� facta aba].l be conclusive proof of the tsuthfnlAess thereof. Recoav�yance - ` .� � �'
<br /> � ' '�• �_`. sball operate as a reassfgnment af zeats and profits assigued to TRUSTBS. ' 4 � � -:,
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<br /> � '�` =;....` : - C. Dpnn defau2t by TRUS�OItS isi the gaymeat of iadebtednese secus e d k e s e b Y cr . ;,-.s¢..;�—.
<br /> '6�"•` ��� aaronman list�{3P.rr H$I�1SPICIARISS A63Y ` =
<br /> �.��. • ` fa the perfozma�tce af aiay -� _-
<br /> . � accelerate paymeat aad declare ala sums secured I�ereby i�ediatelY due aad � �.
<br /> ' � , E payable by delivery to TRIIST� of cPri.ttea declaratioa of defanit. If .���,
<br /> 'Y'` � Bffi4BFICZARISS desire eaid psaperty to be eold, they ehall deposi•t �oith
<br /> r�= :�•� , 3��. TRUSTBB this IIeed of Trust aad all promissory notes and c4octuaeata 'j _
<br /> -�: - r evidencfag expearlitures secured IIereby. and �hall deliver to TRUSTSB a : , '-
<br /> � wsittea l�totfce of Default and electfon to cause said property to be sold � ''�u �
<br /> a, , .. ,'� ,- y .�-
<br /> in the fosm requfred by lar, which shall be duly filed for record by
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<br /> �: � . . TAIIST&B. '.'r,:�.. '�_
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<br /> ��"� .� ti) After tIIe lapse of such time as may be zequired by lao� (pYeaently =-
<br /> � � � . being ane li) month folloao#ag tke recor@ation of eaid Hotiee of �-:i...'-�, ;•� __
<br /> . '�f:. Defau2t), l�otice of Defanit and lsotice of Sale having beea giveu aa . __ _.
<br /> � � requ�,red hy lar, Z1tU3T88, withaut dearan� oa TRIISTORS, aball sell __
<br /> ' .�;,.: �� eaid property on tke date and at the tfine and place deeigaated ia _,
<br /> ;�'=--�f :_.��� ':• -"r' said I4otice oY sa2e. at public aucLion to the bfghest bi8der. the . . �.:
<br /> � gurchase price payable in 2awful �aney of the D�►fted SEatee at the ���"� :.-
<br /> � � ' time of sa2e. The person conductiag the sale may, fos aay cause he ; �t_._
<br /> 1. ). -
<br /> �' deems expedient, postpoae the eale from tfine to time until it ehall . ' -
<br /> �` be completed aad in every such case, notice of gostponement alrall be ;t-; " '�
<br /> , .
<br /> � � ' " givea by public dec�anation theseof by a�ch pereon at the time and �
<br /> � •• . :o� �. place 2ast appofnted for the sale; psavided, if t2te eale ie
<br /> 'r�� . ' postpoaed for longer tban c�ae ti? day beyoad the day deaigaated in : ..
<br /> ' �;`' ` � . .,`•,:• • tIIe I¢otice of Sa2e, aotice theseoY sha21 tte givea ia the same maaaes ' '
<br /> � �`''� �. � ' ` as the ozigiaal Notice of Sale. TRtiSTSB e�all exeeute aad deliver �
<br /> ' : • to the pnrchaser his Deed comreyinq eaid groperty eo so2d, but
<br /> '�: �'�.i ;:' ' _ without aay covenaat or warranty, exprese or implied. The recitala •� -•t:
<br /> • t, ;� � fa the Deed oL any mattere or Yacts ab�a21 be coaclusive proof of the
<br /> �`�•;'•-�� ', ,: ' truthfu2ueae thereof. Aay person. inc2uding BENEPICZARIB3, may
<br /> '�.`:�� � ' °) purc.hase at the sale. TRIISTORS hereby covenant to orarrant and . , • .
<br /> .,,•
<br /> . . � deYeaB t2� tit2e of the above property to the purc2saser �t ea2e. �
<br /> - .:�:� ;.. ' .
<br /> - �'"r � � D. When the TROST88 se2�s tke txvet psagerty pursuant to the po�rere granted • '
<br /> • � hereia, the ?RUSTSE sha21 apply the prxeeds Erom tIIe sale oP sucb
<br /> ,'y�•� - . .. property in the fol2owing order of griority: ' ..:'
<br /> ry.;:' . . '. • .
<br /> %�;:�� • � ' �1) To the cost aad exgense of exerciaing the power of sale aad of t2te �
<br /> , � ' sale, iac2ucliag attoraey €eea, evidence of title and otYser sale ..
<br /> • . " •'' expenses, aad a tzustee's fee aot to exceed taree gereent t33) of �
<br /> • , � � the gross sale price; • .
<br /> '�} [ =�� (2) To the gayment of the obligation secured by this Deed of Trust anc3 �
<br /> �;- , . ..
<br /> �;4 : � � . � Trust Deed Note;
<br /> `�`�•`-�'-�- .- -. • i t 3) To the payment of j i3nior Tsuat Deeds, mortgagea, or other _ _. _
<br /> `�x•• ��� • � � 1.i.en2soldera; . �.
<br /> .'•.y. ,;..,• . � .
<br /> ,;�,'••; • , ; (4) The balance, if aay, to the persoa or persons legally entitled �. ,
<br /> thereto. �•:
<br /> +� ..' E. Upon Che occurrence of any default hereund�r, BENEFICIARIES shall 2iave, ia � �� �
<br /> - � ! addition to such other options as may be granted herein, the further '
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