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201204305
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Last modified
6/5/2012 4:40:49 PM
Creation date
5/31/2012 8:56:15 AM
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DEEDS
Inst Number
201204305
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201204305 <br />Notice of Sale, notice thereof shall be given in the same manner as the original Notice <br />of Sale. Trustee shall execute and deliver to the purchaser its Deed conveying the <br />property so sold, but without any covenant or warranty, express or implied. The <br />recitals in the Deed of any matters or facts shall be conclusive proof of the <br />truthfulness thereof. Any person, including without limitation, Beneficiary or <br />Trustee may purchase at the sale. Said sale shall be conducted at the real estate <br />forming a part of the Property or at the course house in the county in which the <br />Property to be sold, or some part thereof, is situated. <br />(b) When Trustee sells pursuant to the power herein, Trustee shall apply <br />the proceeds of the sale to payment of the costs and expenses of exercising the power <br />of sale and of the sale, including, without limitation, the payment of Trustee's fees <br />incurred, which Trustee's fees shall not in the aggregate exceed the sum of Five <br />Hundred Dollars ($500.00) plus � of 1% of the amount secured hereby and <br />remaining unpaid and then to the items set forth in subparagraph (c) of this <br />paragraph FIFTH in the order therein stated. <br />(c) After paying the items specified in subparagraph (b) of this paragraph <br />FIFTH, if the sale is by Trustee, or the proper court and other costs of foreclosure and <br />sale if sale is pursuant to judicial foreclosure, the proceeds of sale shall be applied in <br />the order stated below to the payment of: <br />(1) Cost of any evidence of title procured in connection with such <br />sale and of any revenue required to be paid; <br />(2) All sums then secured hereby; <br />(3) The remainder, if any, to the person or persons legally entitled <br />thereto. <br />Each of the parties to this Deed of Trust hereby requests that a copy of any Notice of <br />Default and a copy of any Notice of Sale provided for hereinabove be mailed to each <br />such party at the parties post office address as set forth herein. Upon the occurrence <br />of any default hereunder, Beneficiary shall have the option to foreclose this Deed of <br />Trust in the manner provided by law for the foreclosure of mortgages on real <br />property. <br />SIXTH:Trustor specifically agrees that (a) Trustor, at its expense, will execute <br />and deliver to Beneficiary, promptly upon request, such security instruments as <br />maybe required by Beneficiary, in a form and substance satisfactory to Beneficiary, <br />
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