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<br /> � � � , nc�t be cencalled Doy eaid� aarri�� wi�hout fiY�een (�y) �ay� I „ ,
<br /> �rior written notice �0 B�NEFICIT�tZIL3. f �
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<br />� '. � E. 3n ich� avent �he TItUBTOR6 �'ail or negiea� to pey texee artui I ' �.0
<br />_ .. �ar�aau��:a aa��aa1�� faauY�a�co, all aa aEs�v� cat for�ho �>hean �
<br /> ' , BEN�FiCTARIES may paX suoh taxes end proaweo auch insurenae, .
<br /> and a1�. gume expanc�ed and advanaed bX �ENEFiCiARIEa and _ �
<br /> TRUSTEE in aaaordance with �hs pravi►�icns aontainsd hereiln ar�e
<br /> seauxsd hereby and, withaut dezaand, sha11 be immadietely due► �
<br /> and papable by the TRUSTaRB ar�d shall bear intor�a� a� tilae
<br /> � rata of ts.alve peraent (12�) por arnum t�n�i]. paid; pro�vfdad ��
<br /> however, that at the option of the HENEk'YCII�RTES and 'PRUSTLE,
<br /> " ouah advancemants for payment �f taxes and insurance mag� be ��. '
<br /> � added to the principal balance of any indebtedneBS seoured ;�
<br /> hereby and shall bear intereot at the rate of twelve porcent . .
<br /> - (12�) per annum until paid. � , �
<br /> . . "y:
<br /> -� � �U3T�R3 cov�er��ara� arici aq,�ee tY�at a failuro to makQ �y "` .-y��Y'":`�'`'�� "�'
<br /> . � payment, ei�her principal or interest, on the Notea seoured heseby �� 5'
<br /> when due and payable, ar a failure to comply with any of the ?�;����}� ' :
<br /> aovenante and agreements herein made shall aause the whole �ums of . _�.�;c:r���7.
<br /> money he�reby sacured to beaome immediately due and colleatibla et ;�;cy�°��-�"----�--�---
<br /> . � _;.
<br /> the aptiora of tha BBNEFiCIARIES, and BFsNEFrCIARIES eha7.l have the • �••�`,�r Y:`�
<br /> � right to aauae notice of de�ault to bo given and 'the premisss to be �-�'"i1'`-' A..
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<br /> sold as prov�ded herein. �'?;�'����
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<br /> � ��, The par�i�e mutually agree as followe: � ��`� �
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<br /> ' __-.__..__ p_ nt �j �3�a �r�a frnm t 3 mP to t ime upon written req_uest of t-� -:��
<br /> � HEN�FTCIARIES, payment oP fees and presentation oP this DeeB �"""
<br /> � of Tru�t and the Notes for �ndorsement (in case of fuil � t I"" _
<br /> reaonvayance, for aan�ellation and re�ention) , without J ..
<br /> affectinq the liability of any person for the payntent of the �' �;�
<br /> indebtadne8s, TRUSTEE may (a) conseat to the makinq o� aay map R� -
<br /> or plat of eaid pr�perty; (b) j oin in qrantfng any easement �x �■-
<br /> arQating any restriction thereon; (c) join in any '�� a°"
<br /> aubordination or other agreement affecting this Deed of Tz^ust ,��, _ �
<br /> or the 13en or char.ge thereof; (d) reconvey this DQed of TYttst �'•t'�+ . ��*n
<br /> or the lienor charge thereof; (d) reaonvey, without warranty, �,' � �
<br /> all or any part of said property upo�n request of ,, ,�'
<br /> B�NEFICIARIE3. •, +•
<br /> .. • -'�w,z •-
<br /> B. The grantee in any Daed of Reconvayance may be described as � �� ?-�'��""�'°""
<br /> , ,. ��the person or parsons entitled thereto", and the reaitals , .;,•-� '�_--
<br /> �herein of any matters or facts shall be conclusive proof of '��'.
<br /> tihe trtxthfulness thereof. Reconveyance sha11 operate as a t
<br /> � ; rQ�ssignm�nt of rents and pxofits aseigned to TRUSTEE. s�L. �;
<br /> C. Upon default by TRUSTORS in the payment of indebttid3tess ' a;,� j�
<br /> � eacured hareby or in the �erformance of any agree�nant ,� <�=�-.t,�,�,
<br /> hereunder, B�NEFICIARIES may declare al�. sums secured hereby � �-` �� =�i
<br /> • immediately daxe and payable by delivery to TRUSTEE af written ! � � ��•,�;
<br /> dsclara4:ion oF default. If BENEFICIART�S desire sa3d proper�y ' . �i�
<br /> to bo sold, they shall depoait with TRUSTEE �his Deed of Trust t ,
<br /> and all prom3saory notes and documents Qvidencing expenditures j "
<br /> • '� sacured hereby, and shall deliver to TRUSTEE a written Notice , i
<br /> ��' ` of De�£ault and election to cause said propsrty to be sold in ' •
<br /> the form raquired by law, which shall be duly P11ed Eor xeaord ! � '•°
<br /> � by TRUSTFsE. �
<br /> (1) After the lapse of suah ti�e as may be required by law , � �
<br /> (presently being one (1) month following the reaordation � • '��
<br /> _ __ ., of said IJotic� of Default), No�ice of DofaulL• and Notice •�,
<br /> -- --
<br /> � of Sale having beESn given as rearuired by law, TRUS�'FsE, `�
<br /> without dema�nd on TItU5TORS, shall �ell said property on ' ��
<br /> � the date and a� the t3me and plaae designatad in said ;i
<br /> ��-.' Notice o� Sale, at public auction to tha highest bic�der,
<br /> � �he purchase price payable in laarFul money of the Unitsd 'I
<br /> , States at the time o� sale. The perso� conduating the
<br /> . . sale nay, for any cause he deems expedient, postpon� the � �
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