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<br />other similaz risks, in sum and underwrite=n ~;<>
<br />ec~tnpanies acceptable tc the Beneficiary, Stith loss
<br />payable to t2te parties as their interest may appear.
<br />E. Pay to the Beneficiary, if Beneficiary so rewires,
<br />t©gether with and in addition tc the regular mthly
<br />pay~eents of principal and interest, on the date set
<br />forth for the making of the payment each month, a
<br />sty as established by the Beneficiary equal to the
<br />taxes and special assessments next due on the pre-
<br />mises, plus *.he premium that will next become due
<br />and payable an insurance policies covering the
<br />premises, divided by the nuaber of months to elapse
<br />before one meanth prior to the date when such taxes,
<br />special assessments, and premiums ;sill be due.
<br />Ssid stems to be held by the Beneficiar,• in trust
<br />to pay the taxes, special assessments, and insur-
<br />ance premiums. Any deficiency in the amount of
<br />arty aggreuate :aonthly payments (principal, in-
<br />terest, taxes, special assessmentsa, and insurance
<br />re~aitmssl ahal3 oonstitute a default. The ar-
<br />rarag~ents provided `or in ttzis subparagraph are
<br />far the added protection of the Beneficiary, and
<br />~:ntail no resr,onsibilits on the ;part of the Bene-
<br />ficiart; .
<br />:"rustcr covenants and :~greey that ~ r3ilure to crake env
<br />payment, either principal :;~r interest caa the note secured
<br />hereiry wren due and ~?ayable, ~r a failure to comply with any
<br />of the covenants a.*td <scsreemzerts tereir ~zade shah cause the
<br />z~hc~le s~sz of mcaney ~zerei~y :secured to beco:sse clue ind collect-
<br />ible at ante at the optyon of ':he 3eneaficiar~>, and Beneficiary
<br />shay 1+ave the . ht .o cause ,,dotice :~f I}e vault tv ce ,iv€~n
<br />anr3 the laremisestzeo ?~e sold as ~~rcavic3ed herein.
<br />t is ~zutuall{ ar~re+~ci *.hdt.
<br />A. At rtrzy '-i:;ze .:tnd `ror, time ~-o ~z;ce tz,~can ;:r.tten
<br />rauea;t cf Beatez{LifitY, suyr#tc:ret r, 4: `e~ss and arc's-
<br />r~ntatican =af [his "`rust. L7eed :-uzc3 "kze azat~ ,:e.
<br />endorsera~nt in mesa of :ail? ;:conveyance, zcr
<br />.-~:t::elf;stian and retenticrza xittzout aff~:ct:ng the
<br />biabilty .-}f any perasan tgr• tr:e ;jays~ent ~f the
<br />...am~;;~tE as„~~ , 'iriistt:r ~i~a} f~i =L?.T7.FF~?kt ~~_ ~Sl~
<br />vas-,~~'~Q of }-' ~ yid ~'=1t ^S ~~~~ f]T'd~tY t•= i.l
<br />%fJii: n gratztinx3 .in}`t?~SeTfi~.nt i:r ::r€:ating dnYrr-
<br />_n~==.=. •_•._~.. .. _~.: ==g" ii 3 j~l. tT iii ~Pfy ~t3Ltorc~;i?'i$t 16n
<br />-.. ;xti~r ~Fr~t'. __ T",mvr;n+:~ F~~.~ `:'S L:~t c'~€`t: :sr
<br />i-.h8 li~±n ~~r :_hsrs~e *l:erenf, r;3; reranvey, without
<br />warranty, all Kerr any part ~f .:,aid caroperty.
<br />B. The ~~rantee ..., any recrsnv+~yarye may he descritaed
<br />as "the pers€?n err persons entit3ed therer_c~," and
<br />[he rc~itals trterein of any matrers caz facts shall
<br />be conciust.ve proe~f of the truthfulness therecaf.
<br />~, iuun default try Trustor in the payment of any
<br />indebtedness :secured hereby or in ttze r~erformance
<br />of any a~ree,nt heseunc3er, z'3eneficiary may c3e-
<br />^lare all sus setiur~:d hereby immediately due and
<br />payable by delivery tt3 Trustee of written declara-
<br />ticatt of default. yc 0eneficiarj° desires said
<br />`z`~--.'~~~rt -~•~=; N~v.~~.- it as~.i,i, ci~~ps3t ~vl,tli z~il.~t
<br />tS1i5 '.~~'u~ ~..x- 3Ttf1 r ill a~~-~i g~~y ;iOt~$ siX:"c+
<br />dcx:urtts evidexaci,ttg expesrditures secured hereby,
<br />ate shall delivea to T:.sstee ~ written notice of
<br />default and election tea cause said property to be
<br />sold. in t~Ze ¢orm r-egui~ed ~-'y iaov, which stall t;e
<br />du3y :il~d sir re~sax~ lay '~rrxstee,
<br />tl# ~£t~:r titer lapse 3f suoh tires as zatay tine re-
<br />g,uired by leer failcxwinc~ fire rec+:ttdativn of
<br />old nsatice of defaulo, and tzatlc~ of ~:lefault
<br />~~p t~ti-tee <;~#' rai i~vi~~ been ~3ven 33
<br />i€#A,~1~iI #3~~.c'iW, Tr4#5~, 'slithoii~ cie~tana :3 S?
<br />~r~~e r ~ ~ 1 .~~~..3.. ~.c.,s ~F`?3p~r:`, ^P ':ham '3rz>
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