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2ao9o~s9s <br />the indebtedness owed by Trustor. It is further agreed by the Trustor that he will <br />not remove, tear down, or otherwise destroy any of the buildings an the above <br />described real estate unless written permission is received by the Beneficiary. <br />E. Trustor agrees to maintain a general liability policy an the building and <br />real property, naming Trustee and Beneficiary as additional named insured and shall <br />contain minimum limits of liability of 100/300/100. <br />TRUSTOR covenant and agree that a failure to make any payment, either <br />principal or interest on the note secured hereby when due and payable, or a failure to <br />comply with any of the covenants and agreements herein shall cause the whole sum of <br />money hereby secured to become due and collectible at once at the option of the <br />Beneficiary, and Beneficiary shall have the right to cause Notice of Default to be given <br />and the premises to be sold as provided herein. <br />In addition, the following shall constitute a default under this Deed of Trust: <br />A. A writ of execution ar attachment ar any similar process shall be entered <br />against Trustor which shall become a lien on the property or any portion thereof <br />or interest therein; <br />B. There shall be filed by or against Trustor an action under any present or <br />future federal, state or other statute, law or regulation relating to bankruptcy, <br />insolvency or other relief for debtors; or there shall be appointed any trustee, <br />receiver or liquidator of Trustor, or of all or any part of the Property, or the rents, <br />issues or profits thereof, or Trustar shall make any general assignment for the <br />benefit of creditors. <br />It is mutually agreed that: <br />A. At any time and from time to time upon written request of Beneficiary, <br />payment of fees and presentation of this Trust Deed and the Note for endorsement <br />( in case of full recanveyance for cancellation and retention), without affecting the <br />liability of any person for the payment of the indebtedness, Trustee may (a) <br />consent to the making of any map ar plat of said property; (b) join in granting any <br />easement or creating any restriction thereon; (c) join in any subordination or other <br />agreement affecting this Trust Deed or the lien or charge thereof; (d) reconvey, <br />without warranty, all or any part of said property. <br />B. The grantee in any reconveyance may be described as "the person or <br />persons entitled thereto", and the recitals therein of any matters or facts shall be <br />conclusive proof of the truthfulness thereof. <br />C. Upon default by Trustor, NATHAN DETROIT'S, INC. and ROBERT <br />MAHOOD, A Single Man, in the payment of any indebtedness secured hereby or <br />in the performance by Trustor of any agreement hereunder, or a breach of or <br />