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200600864 every kind levied or assessed against or due upon said property before delinquency, and to deliver to BENEfICIARIES copies of receipts showing payment of such taxes each year. P. Procure and maintain policies of all-risk insurance on said improvements, in ~ums and underwritten by companies acceptable to the BENEFICIARIES, in an amount at least equal to the property' e full insurable value, whiCh policies shall name the BENEFICIARIES ae additional inBureds, with the proceeds payable to the parties as their interests m.y appear hereunder. TRUSTeRS agree to provide BENEFICIARIES with copies of such policie>> or certificates of insurance during the term of this indebtedness, which policies of insurance may not be cancelled by said carrier without Fifteen (15) days written notice to BENEFICIARIES. E. In the event the TRUSTeRS fail or neglect to pay taxes and procure casualty insurance, all as above set forth, then BENEFICIARIES may pay such taxes and procure such insurance, and all SUmS expended and advanced by 115NEFICIARIES and TRUSTEE in accordance with the provisions contained herein are secured hereby and, without demand, shall be immediately Que and payable by the TRUSTORS and shall bear interest at the .ate of Ten Percent (10%-) per annum until paid; provided however, that at the option of the BENEFICIARIES and TRUSTEE, such advancements for payment of taxes and insurance may be added to the principal balance of any indebtedness secured hereby and shall bear interest at the rate of Ten Percent (10%) per annum until paid. TRUSTeRS covenant and agree that a failure to make any payment, either principal or intereSt, on the Note secured hereby when due and payable, or "- failure to comply with any of the covenant~ and agreements herein made shall cause the whole sum of money hereby aecured to become immediately due and collectible at the option of the BENJ::FICIAP-IES, and B5NEFICIAP-IES shall have the right to cause Notice of Default to be given and the premises to be sold a6 provided herein- The parties mutually agree as follows; A. At any t.ime and from time to time upon written request of BENEFICIARIES, payment of fee.. and presentation of this Oeed 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 oth~r agreement affeCting this Deed of Trust or the lien or charge thereof; (d) reconvey this DeeQ of Truet or the lien or charge thereof; (d) reconvey. without warranty, all or any part of said prop~rty upon reque6t of BENEFICIAF-IES. B. The grantee in any Deed of Reconveyance may be de"cribed as "the person or persons entitled thereto", and the recitals therein of any matters or facts shall be conclusive proof of the truthfulne"s ~hereof. Reconveyance shall operate as a reassignment of rents and profits assigned to TRUSTEE. c. Upon default. by TRUSTORS in the payment of indebtedness ","cured hereby or in the performance of any agreement hereunde., BENEFICIARIES may accelerate payment and declare all sums secured hereby immediately due and payable by delivery to TRUSTEE of writ~en declaration of default. If BENEFICIARIES desire said property to be sold. they shall deposit with TRUSTEE thiS Deed of Trust and all p.omissory notes and documents evidencing expenditures secu.ed hereby, and shall deliver t.o 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. -2-