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<br />I <br /> <br />83- 006405 <br /> <br />f <br /> <br />companies acceptable to the Beneficiary, with loss <br />payable to the parties as their interest may <br />appear. <br /> <br /> <br />Trustor covenants and agrees that a failure to make any <br />payment, either principal or interest on the note secured <br />hereby when due and payable, or a failure to comply with any <br />of the covenants and agreements herein made shall cause the <br />whole sum of money hereby secured to become due and collectible <br />at once at the option of the Beneficiary, and Beneficiary <br />shall have the right to cause Notice of Default to be given <br />and the premises to be sold as provided herein. <br /> <br />It is mutually agreed that: <br /> <br />A. At any time and from time to time upon written <br />request of Beneficiary, payment of fees and presentation <br />of this Trust Deed and the note for endorsement <br />(in case of full reconveyance, for cancellation <br />and retention), without affecting the liability of <br />any person for the payment of the indebtedness, <br />Trustee may (a) consent to the making of any map <br />or plat of said property; (b) join in granting any <br />easement or creating any restriction thereon; (c) <br />join in any subordination or other agreement <br />affecting this Trust Deed or the lien or charge <br />thereof; (d) reconvey, without warranty, all or <br />any part of said property. <br /> <br />B. The Grantee in any reconveyance may be described <br />as "the person or' persons entitled' thereto," and <br />the recitals therein of any matters or facts shall <br />be conclusive proof of the truthfulness th~reof. <br /> <br />G. Upon default by Trustor in the payment of any <br />indebtedness secured hereby or in the performance <br />or any agreement hereunder, Beneficiary may declare <br />all sums secured hereby immediately due and payable <br />by delivery to Trustee of written declaration of <br />default. If Beneficiary desires said property to <br />be sold, it shall deposit with Trustee this Trust <br />Deed and all promissory notes and documents evidencing <br />expenditures secured hereby. and shall deliver to <br />Trustee a written notice of default and election <br />to cause said property to be sold in the form <br />required by law, which shall be duly filed for <br />record by Trustee. <br /> <br />;oic <br /> <br />(1) After the lapse of such time as may be re- <br />quired by law following the recordation of <br />said notice of default, and notice of default <br />and notice of sale having been given as <br />required by law, Trustee, without demand on <br />Trustor, shall sell said property on the date <br />and at the time and place designated in said <br />notice of sale, at public auction to the <br />highest bidder, the purchase price payable in <br />lawful money of the United States at the time <br />of sale. The person conducting the sale may, <br />for any cause he deems expedient, postpone <br />the sale from time to time until it shall be <br />completed and, L~ every such case, notice of <br />postponement shall be given by public declaration <br />thereof by such person at the time and place <br />last appointed for the sale; provided, if the <br />sale is postponed for longer than one (1) <br />day beyond the day designate<l in the notice <br />