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90107291
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Last modified
10/21/2011 1:48:38 AM
Creation date
10/20/2005 10:15:22 PM
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DEEDS
Inst Number
90107291
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9-VM% <br />90,107291 0 <br />or at such other place as such BENEFICIARY or the holder of <br />said security shall designate in writing. <br />It is agreed by and between the parties hereto that <br />while title is vested in the TRUSTEE and until filing Of <br />Notice of Default, the TRUSTORS shall: <br />A. Retain possession of the premises at all <br />M times, except as may be otherwise agreed by <br />the parties in writing. <br />:M <br />PAW- <br />B. <br />maintain the buildings and improvements and <br />all personal property sold under the parties' <br />Installment sale Contract, im good condition <br />and repair. <br />C. <br />Pay all general and special taxes and all <br />ti'J <br />special assessments of every kind levied or <br />assessed against or due upon said property <br />before delinquency, and to deliver to BENE- <br />r. <br />FICIARY copies of receipts showing payment of <br />such taxes. <br />D. <br />Procure and maintain policies of all -risk <br />in and <br />insurance on said inp-rovements, sums <br />underwritten by companies acceptable to the <br />BENEFICIARY, in an amount of at least <br />Forty-Six Thousand Dollars ($46,000-00), <br />which policies shall name the BENEFICIARY as <br />an additional insured, with the loss proceeds <br />payable to the parties as their intfareaLs may <br />appear hereunder. TRUSTORS agree to provide <br />BENEFICIARY with copies ol such casualty <br />insurance policy or certificate of insurance <br />during the term of this indebtedness, which <br />policy of insurance may not be cancelled by <br />said carrier without fifteen (15) days written <br />notice to BENEFICIARY. <br />E. <br />Pay to the BENEFICIARY, if BENEFICIARY so <br />requires, together with and in addition to the <br />regular monthly payments of principal and <br />interest, on the date set forth for the making <br />of the payment ea ch month, a sum as estab- <br />taxes <br />lished by the BENEFICIARY equal to the <br />and special assessments next due on the <br />Z�. vi <br />premises, plus the premium that will next <br />due and on insurance policies <br />become payable <br />covering the premises, divided by the number <br />of months to elapse before one month prior to <br />V. <br />the date when such taxes, special assessments <br />and premium will be due. Said sums to be held <br />by the BENEFICIARY in trust to pay the taxes, <br />special assessments and insurance premiums. <br />:M <br />PAW- <br />2 <br />r. <br />
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