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<br />r <br /> <br />88- 102308 <br /> <br />B. Maintain the buildings and improvements located thereon <br />in good condition and repair. <br /> <br />C. Pay all taxes and special assesswents levied or assessed <br />against or due upon said premises before delinquency, <br />and to deliver to Beneficiary copies of receipts showing <br />payment of such taxes. <br /> <br />D. Procure and maintain policies of insurance against the <br />usual hazards of fire, hail, windstorm, and other <br />similar risks, in sums and underwritten by companies <br />acceptable to the Beneficiary, with loss payable to the <br />parties as their interest may appear. <br /> <br />E. Pay to the Beneficiary, if Beneficiary so requires, <br />together with and in addition to the regular monthly <br />payments of principal and interest, on the date set <br />forth tor the making of the payment each month, a sum as <br />established by the Beneficiary equal to the taxes and <br />special assessments next due on the premises, plus the <br />premium that will next become due and payable on <br />insurance policies covering the premises, divided by the <br />number of months to elapse before one montb prior to the <br />date when such taxes, special assessments, and premiums <br />will be due. . .~aid sums to be beld by the Beneficiary in <br />trust to pay the taxes, special assessments. and <br />insurance premiums. Any deficiency in the amount of any <br />aggregate monthly payments (principal. interest. taxes, <br />special assessments, and insurance premiums) sball con- <br />stitute a default. The arrangements provided for In <br />this subparagraph are for the added protection of the <br />Beneficiary, and entail no responsibility on the part of <br />the Beneficiary. <br /> <br />Trustor covenants and agrees that a failure to make any <br />payment, either principal or interest on the note secured hereb~ <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 due and collectible at once at the <br />option of the Beneficiary, and Benetieiary shall have the right <br />to cause Notice of Default to be given and the premises to be <br />sold as provided herein. <br /> <br />It 1s mutually agreed that: <br />A. At any time and trom time to time upon written request <br />of Beneficiary, payment of fees and presentation of this <br />Trust Deed and the note for endorsement (in case of full <br />reconveyance, for cancellation and retention), without <br />affecting the liability ot any person for the payment of <br /> <br />.. <br />'. <br /> <br />-2- <br /> <br />L <br /> <br />L <br /> <br />-l <br />