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80- ~~x <br />Procure and maintain policies of insurance against <br />the usual hazards of fire, hail, windstorm, and <br />other similar risks, ir. sums and underwritten by <br />companies acceptable to the Beneficiary, with loss <br />payable to the parties as their interest may appear. <br />Pay to the Beneficiary, if Beneficiary so requir <br />together with and in addition to the regular thly <br />p ents of principal and interest, on the to set <br />fort or the making of the payment each onth, a <br />sum as ablished by the Beneficiary ual to the <br />' ~ taxes and cial assessments next a on the pre- <br />,_~" mises, plus t remium that wil ext become due <br />-/!j5/.~'L and payable on i ranee polic' s covering the <br />premises, divided b he n er of months to elapse <br />before one month prior he date when such taxes, <br />special assessments, a iums will be due. Said <br />sums to be held by Benefi ry in trust to gay <br />the taxes, specia assessments, insurance pre- <br />miums. Any de 'ciency in the amour f any aggre- <br />gate monthl ayment (principal, inter , taxes, <br />special a essments, and insurance premi shall <br />consti e a default. The arrangements prow d <br />for this subparagraph are for the added prot <br />t' of the Beneficiary, and entail no responsibili <br />n the part of tie Beneficiary. <br />Trustor covenants and agrees that a failure to make any pay- <br />ment, either principal or interest on the note secured hereby <br />when due and payable, or a failure to comply with any of the <br />covenants and agreements herein made shall cause the whole sum <br />of money hereby secured to become due and collectible at once at <br />the option of the Beneficiary, and Beneficiary shall have the <br />right to cause Notice of Default to be given and the premises <br />to be sold as grovided herein. <br />It is mutually agreed that: <br />A. At any time and from time to time upon written re- <br />quest of Beneficiary, payment of fees and presenta- <br />*_ion of this Trust Deed and the note for endorsement <br />(in case of full reconveyance, for cancellation and <br />retention), without affecting the liability of any <br />person for the payment of the indebtedness, Trustee <br />may (a) consent to the making of any map or plat of <br />said property; (b) join in granting any easement or <br />creating any restriction thereon; (c) join in any <br />subordination or other agreement affecting this <br />Trust Deed or the lien or charge thereof; (d) re- <br />convey, without warranty, all or any part of said <br />property. <br />B. The grantee in any reconveyance may be described as <br />"the person or persons entitled thereto," and the <br />recitals therein of any matters or facts shall be <br />conclusive proof of the truthfulness thereof. <br />Upon default by Trustor in the payment of any in- <br />debtedness secured hereby or in the performance of <br />any ac3reement 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 />he sold, it shall deposit with Trustee this Trust <br />Deed and all promissory notes and documents evi- <br />dencing expenditures secured hereby, and shall de- <br />liver to Trustee a written notice of default and <br />election to cause said property t-o be sold :in the <br />_ > <br />