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20210 1648 <br />the due date of the monthly payments provided in said note, or <br />change the amount of the payments. <br />8. BORROWERS shall pay to the LENDERS, if LENDERS so require, <br />together with and in addition to the regular monthly payments of <br />principal and interest, on the date set forth for the making of the <br />payment each month, a sum as established by the LENDERS equal to <br />the taxes and special assessments next due on the premises, plus <br />the premium that will next become due and payable on insurance <br />policies covering the premises, divided by the number of months to <br />elapse before one month prior to the date when such taxes, special <br />assessments and premium will be due. Said sums to be held by the <br />LENDERS in trust to pay the taxes, special assessments and <br />insurance premiums. Any deficiency in the amount of any aggregate <br />monthly payment (principal, interest, taxes, special assessments <br />and insurance premium) shall constitute a default. The <br />arrangements provided for in this subparagraph are for the added <br />protection of the LENDERS, and entail no responsibility on the part <br />of the LENDERS or TRUSTEE. <br />9. If BORROWERS fail to perform the covenants and agreements <br />herein contained, LENDERS may do and pay for whatever is necessary <br />to protect the value of the property and LENDERS' rights in the <br />property, including the paying of any sum secured by a lien which <br />has priority over this security instrument, appearing in Court, <br />paying reasonable attorney fees and entering the property to make <br />repairs. Any amount disbursed by LENDERS under this paragraph <br />shall become an additional debt of BORROWERS secured by this <br />security instrument, to bear interest from the date of disbursement <br />and said amount, together with the then unpaid principal amount, <br />shall bear interest at the highest lawful rate until refunded by <br />BORROWERS. <br />10. BORROWERS covenant and agree that a failure to make any <br />payment, either principal or interest, on the note secured hereby <br />when due and payable or a failure to comply with any of the <br />covenants and agreements herein made shall cause the whole sum of <br />money hereby secured to become immediately due and collectible at <br />the option of the LENDERS, and LENDERS shall have the right to <br />3 <br />