McWILLIAMS, J., delivered the opinion of the Court.
The deed of trust in this appeal provides that "in the event there is a default" in any payment of taxes, all principal and interest, at the option of the note holder, shall mature immediately and become due and payable. Taxes which became "due and payable" on 1 July 1965, "overdue and in arrears" on 1 October 1965 and interest bearing "from and after" 1 October
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