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insurab~e v~~ue, which polici~s ahall name the BENEFICIAR~ as additional insured., with th.. proceeds payable to the parti..,s as their intersets ma.y appear hereunder. TR.tJSTORS agree to p:covi.de BENEFICIARY with copies of such policies or certi.ficates of insu:cance during the term of this indebtedness, which po~icies Of insurance may not: be canc:e~led by ",aid carrier withOut Fifteecn (15) days '^'.c.icten notice to BENEFICIARY. 200804263 E. In tl.." event the TRUSTORS fail Or neg~ect to pay taxes and procure casualty insurance, a~l as above set forth, then BENEFICIARy may pay SUch taxes and procure such ineurance, and a~~ sums expended and advanced by BENEFICIARY and TRUSTEE in accorda.nce with the provieions contained herein are secured. hereby and, without demand, aha~l be immediately due ~d payable by Che TRUSTORS and ahall be~r in~eres~ at the rate of Ten Percent (1.0%) per annUJT\ until paid; provided however, that at the option of the BENEFICIARy and TRUSTEE, such advancementg for payment of taxee and insurance may be added ~o the principal balanCe of any indebtedness secured hereby and shall bear interegt at the rate of Ten Percent (lO~) per annum until paid. TRUSTORS coven.;;o,nt and agree that a failure to make 'Uly payment, e.;,ther principa~ or interest, on the Note Secured hereby when due and payable, or a :failure to comply with any of the COVenii.nts and agreements herein made ..hall cause the whol<:t sum of money hereby aecur..d to become im'lledi.u::ely due and collectible at the option of the BENEFICIAR~, and BENEFICIARY shall have the right to cause Notice of Det'ault to be given and the premises to be aold as provided herein. The parties mutua~ly agree aa follows: A. At any time and fro'll time to time upon written request of BENEFICIARy, payment of fees and presentation of this Deed of Trust and the NOte ror endorsement (in case af full reconveyance, for cancellation ~d retention), without affecting the liability of any per.on for the payment of the indebtedness. TRUSTEE may (a) consent to the making of any map or plat o:f said property; (b) join in granting any easement or creating any restriction thereon; (e) jOin in any Subordination or other agreement affecting tbis Deed or: Trust or the ~ien Or charge thereof; (d) reconvey this Deed of Trust or the ~ien or charge thereof; (d) reconvey, Without wa~ranty, 811 or any par~ of said property upon request of BENEFICIARY. B. The grantee in any Deed o:f R..conveyance may be described as "the person or pereon$ entitled there~o", and ~he recital.e therein of any matters or facts shall be conc~usive proof or: tbe truthfulness thereof. Reconveyance shall operate as a reaB~ignment of rents and prOfits assigned to TRUSTEE. C. Upon defaul t by TR.USTORS in the ptlyment at: indebtedness: secured hereby or in the performance of :o.ny agreement hereunder, BENEFICIARy 'llay accelerate payment and declare a~~ sums secured hereby immediately due and payable by deli~ery to TRUSTEE o~ written declaration of defau~t. If BENEFICIARY desires said property to be sold, she shall deposit with TRUSTEE this Deed of Trust and al~ promis8ory not..s and documents evidencing expenditures secured hereby, and shall. deliver to TRUSTEE a written Notice of Default and election to cause said property to be sold in the form required by law, Which shal.~ be duly filed for record by TRUSTEE. (1.) After the ~apse of a;uch time as may be required by l...w (presently being One (~) month fol.lowing the recordation of said Notice of Default), Notice of Det:au~t and Notice of Sale haVing been given as required by law, TROSTEE, without demand on TRUSTORS, Shall ee1l said property on the date and at the time and place designated in said No~ice a:f Sale, at public auction to the highest bidder, the pUrchase price payable in -2-