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I <br />87- 106859 <br />It is agreed by and between the parties hereto that <br />while title is vested in the TRUSTEE and until filing of <br />Notice of Default, the TRUSTORS shall: <br />A. Retain possession of the premises at all <br />times, except as may be otherwise agreed by <br />the parties in writing. <br />B. Maintain the buildings and improvements and <br />all personal property sold under the parties' <br />purchase agreement, in good condition and <br />repair. <br />C. Pay all general and special taxes and all <br />special assessments of every kind levied or <br />assessed against or due upon said property <br />before delinquency, and to deliver to <br />BENEFICIARIES copies of receipts showing <br />payment of such taxes. Taxes for the year <br />1987 shall be prorated to the date of <br />possession. TRUSTORS and BENEFICIARIES shall <br />pay their respective shares of the 1987 taxes <br />to TRUSTEE on or before December 1, 1987. <br />TRUSTEE shall pay the 1987 taxes on or before <br />January 1, 1988. <br />D. Procure and maintain policies of all -risk <br />insurance on said improvements, in sums and <br />underwritten by companies acceptable to the <br />BENEFICIARIES, in an amount of at least Thir- <br />teen Thousand Dollars ($13,000.00), which <br />policies shall name the BENEFICIARIES as an <br />additional insured, with the loss proceeds <br />payable to the parties as their interests may <br />appear hereunder. TRUSTORS agree to provide <br />BENEFICIARIES with copies of such casualty <br />insurance policy or certificate of insurance <br />during the term of this indebtedness, which <br />policy of insurance may not be cancelled by <br />said carrier without fifteen (15) days written <br />notice to BENEFICIARIES. <br />E. Pay to the BENEFICIARIES, if BENEFICIARIES so <br />require, together with and in addition to the <br />regular monthly payments of principal and <br />interest, on the date set forth for the making <br />of the payment each month, a sum as estab- <br />lished by the BENEFICIARIES equal to the taxes <br />and special assessments next due on the <br />premises, plus the premium that will next <br />become due and payable on insurance policies <br />covering the premises, divided by the number <br />of months to elapse before one month prior to <br />the date when such taxes, special assessments <br />- 2 - <br />