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\oi 200705456 applied on principal. It is agreed by and between the parties hereto that while title is vested in the TRUSTEE and until filing of Notice of Default, the TRUSTORS shall; A. Retain possession of the property at all times, except as may be otherwise agreed by the parties in writing. B. Maintain the residence and any other improvements located on the real property in good condition and repair. C. Pay all general and special taxes and all every kind levied or assessed against or before delinquency, and to deliver to receipts showing payment of such taxes each special assessments of due upon said property BENEFICIARY copies of year. D. Procure and maintain policies of all-risk insurance on said improvements, in sums and underwritten by companies acceptable to the BENEFICIARY, in an amount at least equal to the property's full insurable value, which policies shall name the BENEFICIARY as additional insured, with the proceeds payable to the parties as their interests may appear hereunder. TRUSTORS agree to provide BENEFICIARY with copies of such policies 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 BENEFICIARY. E. In the event the TRUSTORS fail or neglect to pay taxes and procure casualty insurance, all as above set forth, then BENEFICIARY may pay such taxes and procure such insurance, and all sums expended and advanced by BENEFICIARY and TRUSTEE in accordance with the provisions contained herein are secured hereby and, without demand, shall be immediately due and payable by the TRUSTORS and shall bear interest at the rate of Ten Percent (10%) per annum until paid; provided however, that at the option of the BENEFICIARY 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. 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 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 other agreement affecting this Deed of Trust or the lien or charge thereof; (d) reconvey this Deed of Trust or the lien or charge thereof; (d) reconvey, without warranty, all or any part of said property upon request of BENEFICIARY. B. The grantee in any Deed of 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. Reconveyance shall operate as a reassignment of rents and profits assigned to TRUSTEE. -2-