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-° 003417 <br />i installments to be applied first on the payment of interest computed <br />monthly on the unpaid principal balance and the remainder of <br />each installment to be applied to principal. All payments shall <br />be made at the office of the BENEFICIARY. <br />P.O.Box 65 Pa m r t brash 68f64 or at such other <br />Place as the holder may designate in writing. <br />It is agreed by and between the parties hereto that <br />while title is vested in the TRUSTEE and until filing of Notice <br />of Default, the 'TRUSTORS shall: <br />A. Retain possession of the premises and collect the rents <br />and revenues therefrom. <br />B. maintain the buildings and improvements located thereon <br />in' good condition and repair. <br />C. Pay all taxes and special assessments levied or assessed <br />against or due upon said premises before delinquency, <br />and to deliver to BENEFICIARY copies of receipts showing <br />Payment of such taxes. <br />D. Procure and maintain policies of insurance against the <br />usual hazards of fire, hail, windstorm and other similar <br />risks, in sums and underwritten by companies acceptable <br />to the BENEFICIARY, in an amount of at least $20,500.00, <br />with loss payable to the parties as their interest may <br />appear. TRUSTORS agree to provide the BENEFICIARY <br />with a certificate of such insurance and maintain that <br />certificate current during the term of the promissory <br />note involved with this transaction, which certificate <br />may not be canceled by the insurance company without <br />ten (10) days written notice to the BENEFICIARY. <br />gather with and in addition to the reg7dae <br />Pa nts of principal and interest, on thforth <br />for t aking of the payment each month. establish by the BENEFICIARY equal to ndw' " t <br />special arse eats next due on the pr uses, plus the <br />premium that w next become due payable on <br />insurance policies c ring the miles, divided by <br />the number of months t la <br />to the date when such to P Special fore one month prior _ <br />premium will be due. d su tobeaheldsbyntheand , 4' <br />BENEFICIARY in tr to Monts and incur a premiums. Any es, special assess- <br />amount of an aggregate monthly paymeniencrincipai L, <br />interest, es, special assessments and ins nce <br />Premi shall constitute a default. The arrang ents <br />P.r for in this subparagraph are for the add <br />tection of the BENEFICIARY, and entail no repo ►sib <br />TRUSTORS covenant and agree that a failure to make <br />any Payment; either principal or interest on the note secured <br />Lheieby when due and payable, or a failure to comply wilt, any <br />W <br />