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88-102837 payable to the parties as their interests may appear hereunder. TRUSTORS agree to provide BENEFICIARY wi th co!=nes of such casualty insurance policy or ~ertificate of insurance during the term of this indebtedness, which policy of insurance may not be cancelled by said carrier without fifteen (IS) days written notice to BENEFICIARY. TRUSTORS will provide liability insurance as provided in the parties' Contract of Sale. E. Provide BENEFICIARY wi th receipts evidencing payment of the real estate taxes for each year during the term of this indebtedness. TRUSTORS covenant and agree that a failure to make any payment, either principal or interest, on the Note secured hereby when due and payable, or a failure to comply with any of the covenants and agreements herein made shall cause the whole sum of money hereby secured to become immediately due and collectible at the option of the BENEFICIARY, and BENEFICIARY shall have the right to cause Notice of Default to be given and the premises to be sold as provided herein. The parties mutually agree as follows: A. At any time and from time to time upon written request of BENEFICIARY, payment of fees and presentation of this Deed of Trust and the Note for endorsement (in case of full reconveyance, for cancellation and retention), without affecting the li.abili ty 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 other agreement affecting this Deed of Trust or the lien or charge thereof; (d) reconvey, without warranty, all or any part of said property. B. The grantee in any reconveyance may be described as "the person or persons entitled thereto., and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof. C. Upon default by TRUSTORS in the payment of indebtedness secured hereby or in the performance of any agreement hereunder, BENEFICIARY may declare all sums secured hereby immediately due and payable by delivery to TRUSTEE of written declaration of default. If BENEFICIARY desires said property to be sold, they shall deposi t with TRUSTEE thi s Deed of Trust and all promissory notes and documents evidencing expenditures secured hereby, and shall deliver to 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. (1) After the lapse of such time as may be required by law, presently being one (1) month following the recordation of said Notice of Default, and Notice of Default and Notice of Sale having been given as required by law, TRUSTEE, without demand on TRUSTORS, shall sell said property on the date and at the time and place designated in said Notice of Sale, at public auction to the highest bidder, the purchase price payable in lawful money of the United States at the time of sale. The person conducting the sale may, for any cause he deems expedient, postpone the sale from time to time until it shall be completed and in every such case, notice of postponement shall be given by public declaration thereof by such person at the time and place last appointed for the sale; provided, if the sale is postponed for longer than one (1) day beyond the day designated in the Notice of Sale, notice thereof shall be given in the same manner as the original Notice of Sale. TRUSTEE shall execute and deliver to the purchaser his Deed conveying said property so sold, but wi thout any covenant or warranty, express or impl i ed. The recitals in the Dep.d of any matters or facts shall ~~ - 2 -