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the land and this trust i~cluding payments upon mortgages, taxes
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and special assessments, premiums for insurance, and expenses ~
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and compen3ation of the Trustee and Attorney-in-Fact, and all
other expenses and charges incident to this trust. Trustee shall also =
determine in its dis~retion the times at which such assessments ;
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shall be paid, but the time intervals for notices and the procedures .
for collection which are hereinafter set forth shall be followed:
(b) It is contemplated that the Trustee will make an
.annual assessment upon the Owners, the procedure for the collec-
tion of the assessment being effected in the following manner,
the particular months stated being sub~ect to change in the
discretion of Trustee: ~
(1) Within 5 days before or after November 1 of each year,
Trustee shall give the first notice of the assessment which sha.ll
be due on December lst of each year.
(2) 411thin 5 days before or after January 1 of each year,
Trustee shall give the.final notice of the assessment which shall
be due on January lOth of each year.
(3) The assessment shall be due on January lOth of each
~ year, and the Owner shall be in default if the assessment is not paid
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~ before 2 P.M., Eastern Standard Time, on that date.
I (4) Within 5 days before or after February 10 of each year,
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~ Trustee shall give notice of the time and place of the sale of
~ the interest of an defaultin owner which sale shall be on the ~
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third nonday of June of each year. In addition to the notice of
sale to Owners, including the defaulting Owners, Trustee shall
~rake such public advertisement of the sale as shall be requested
by the defaulting Owners providing such advertisement is approved
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~ by Trustee and all expenses thereof are paid in advance by default- ;
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~ ing Owners. and in absence of such request and payment by defaulting ;
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m Owner, no public advertisement will be made. -
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~ (5) On the first Monday of June of each year, the
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~ interest~ of the defaulting Owners shall be sold by Trustee at
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