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<br />88- 105315 <br /> <br />A. R~tain possession of the premises and collect the rents <br />and revenues therefrom. <br /> <br />B. Maintain the buildings and improvements located thereon <br />In good condition and repair. <br /> <br />c. Pay all taMes and special asseS5me~ts levied or <br />assessed against or due upon said premises before <br />delinquency, and to deliver to Beneficiaries copies of <br />receipts showing payment of such taMes. <br /> <br />D. Procure and maintain policies of insurance ~gainst the <br />usual hazards of fire. hail, windstorm, and other <br />similar riskS, in sums and underwritten by companies <br />acceptable to the Beneficiaries. with loss payable to <br />the parties as their interest may app~ar. <br /> <br />E. Pay to the Beneficiaries, if Beneficiaries so require, <br />a sum as established by the Beneficiaries equal to the <br />taMes and special assessments ne~t due on the premises, <br />plus the premium that will neKt become due and payable <br />on insurance policies covering the premises, divided by <br />the number of months to elapse before one month prior <br />to the date when such taMes, special assessments, and <br />premiums are due. Said sums to be held by the <br />Beneficiaries in trust to pay the ta~es, special <br />assessments and insurance premiums. Any deficiency in <br />the amount of aggregate monthly payments (principal, <br />interest, taMes, special assessment, and insurance <br />premiums) shall constitute a default. The arrangements <br />provided for in this SIJbparagraph are for the added <br />protection of the Beneficiaries, and entail no <br />responsibility on the part of the Beneficiaries. <br /> <br />Trustors covenant and agree that a failure to make any <br />payment, either principal or intRrest on the note secured hereby <br />whRn due and payable, Dr a failwre to comply with any o~ 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 Beneficiaries1 and Beneficiaries shall have the <br />right to cause Notice of Default to be given and the premises to <br />be sold as provided herein. <br /> <br />It Is mutually agreed that: <br /> <br />A. At any time and from time to time upon written request <br />of Beneficiaries, payment of fees and presentation of <br />this Trust Deed and the note for endorsement (in case <br />of full reconveyance, for cancellation and retention), <br />without affecting the liability of any person for the <br />payment of the indebtedness, Trustee may (a) consent to <br />the making of any map or plat of said property; lb) <br />join in granting any easement or creating any <br />restriction thereon; (c) join in any subordination or <br />other agreement affecting this Trust Deed or the lien <br />or charge thereof; (dl reconvey, without warranty, all <br />or any part of said property. <br /> <br />B. The Grantee in any reconveyance may be described as <br />"the person or persons entitled thereto," and the <br />recitals therein of any matters or facts shall be <br />conclusive proof of the truthTulnes5 thereof. <br /> <br />c. Upon dQ~ault by Trustors in the payment o~ any <br />indebtedness ~ecured hereby or in the performance of <br />any agreement hereunder, Beneficiaries may declare all <br />~um. secured hereby immediately due and payable by <br />delivery to Trustee of ~ritten declaration of default. <br />[f Beneficiarie. desire said property to be sold, it <br />~h.ll d.poait with Trustee this Trust Deed and all <br />promi_.ory notes and documents evidencing eKp~nditures <br />a.cur.d h.reby, and sh611 deliver to Truste@ a W,-\tten <br />