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T. ,L'C:E cr~ N--: ~\ f LA.
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THE ~,E:;EFICIAl{lt,~ U~LH::l\ THIS TRUST covendnt dllO ..1bl"CC ",.tlll ('deli
utilel" , ,is (olLow~:
(.I)ThJL Lhey \.,.ill [)..1Y li1('ir pro~()rtion.jl(: sh..1n,~ of ..111 Ld..:.es -lsscssed
Jt;..1illsL s.li<l ~roperty, ,"md the interest .:.ind princi~al pclynlenLs lll..1tur-
ing ulllIt'r the pUrCh..1Sl' Illoney Illortg..1ge her~'in.:.ibov(' referred LO; dud
tiL!t the P..1y;:icnL [or the t.:l:~(:S sh.:.ill be lll.:.iJe within fifteen (1J) d<.iys
dller the Sdlll(' be,:ul:ll' due and paY..1ble, ..1nd that the p..1yn:ent to Le IlI..1lll- \:.
t!H' noll' secured by sdid 1I\0rtgdge will lie made not 1..1ter th<l!1 1.'i1 Ul'Il
(1:>) ddY~; prior tu thl: l:ldturity date, ..1S Jistinsuished [rom the 6rdlt
or .lcc~'l('r,ltion date, of each mortgage payment.
The pc1ymen l s here ill
l"equired to be IIl..1Je sh...111 be nHoe to liH: Trustee who will lherl'upoll
be charged with the obligation of effecting payment of the t<.i;.;.es dlld
mortgage p..1Ylllents. The term "taxes" JS used herein, means any and ..111
.:.isseSSiilents and levies of allY governmentJl <1gency which direct the
trust property; ..md
(b) In the event any beneficiary defaults in paying his proportionatE.'
sh.:.ire of the taxes and mortgage payments, as required in the precedint~
p<1ragraph hereof, then the other beneficiarl.es may advance the amount
which the defaulting beneficiary is required to pi"IY, .:.ind the amount so
advanced by said beneficiaries will be secured by a lien against the de-
faulting beneficiary's interest in the trust property, and the amount of
such lien shall be the amount of the advance made in behalf of the
defaulting beneficiary, and said lien shall carry interest at the rate of 6%
per annum from the date of the advance, and the lien may be foreclosed
against the defaulting beneficiary's interest in the property in the
same manner in which mortgages are foreclosed in the State of Florida,
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