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86-106392 <br />the date when such taxes, special assessments <br />and premium will be due. Said sums to be <br />by the BENEFICIARY in trust to pay the taxes, <br />special assessments and insurance premiums. <br />Any deficiency in the amount of any aggregate <br />monthly payment (principal, interest, taxes, <br />special assessments and insurance premium) <br />shall constitute a default. The arrangements <br />provided for in this subparagraph are for the <br />added protection of the BENEFICIARY, and <br />entail no responsibility on the part of the <br />BENEFICIARY or TRUSTEE. <br />TRUSTOR covenants and agrees that a failure to make <br />any payment, either principal or interest, on the Note <br />secured hereby when due and payable, or a failure to comply <br />with any of the covenants and agreements herein or <br />agreements in the Addendum of Contract dated <br />, 1986, shall cause the whole sum of money <br />hereby secured to become immediately due and collectible at <br />the option of the BENEFICIARY, and BENEFICIARY shall have <br />the right to cause Notice of Default to be given and the <br />premises to be sold as provided herein. <br />The parties mutually agree as follows: <br />A. At any time and from time to time upon written <br />request of BENEFICIARY, payment of fees and <br />presentation of this Deed of Trust and the <br />Note for endorsement (in case of full <br />reconveyance, for cancellation and retention), <br />without affecting the liability of any person <br />for the payment of the indebtedness, TRUSTEE <br />may (a) consent to the making of any map or <br />plat of said property; (b) join in granting <br />any easement or creating any restriction <br />thereon; (c) join in any subordination or <br />other agreement affecting this Deed of Trust <br />or the lien or charge thereof; (d) reconvey, <br />without warranty, all or any part of said <br />property. <br />B. The grantee in any reconveyance may be <br />described as 'the person or persons entitled <br />thereto ", and the recitals therein of any <br />matters or facts shall be conclusive proof of <br />the truthfulness thereof. <br />C. Upon default by TRUSTOR in the payment of <br />indebtedness secured hereby or in the per- <br />formance of any agreement hereunder, <br />BENEFICIARY may declare all sums secured <br />hereby immediately due and payable by delivery <br />to TRUSTEE of written declaration of default. <br />- 3 - <br />