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<br /> sale from time ta time unti� it shall be completediven by
<br /> every such cese, notice of postponement shall be g
<br /> public declaration thareof by such person at the time and
<br /> place ldet appointed for the sale; prov3ded, if the sale
<br /> is postponed far longer than one (i) day beyond the da�y
<br /> desiqna�ted in �he Notico o€ Sale, not ice thereof ehal�. be �
<br /> qiven i.n the same manner as the oriqinal Notice of Sa1e•
<br /> TRUSTEE ahdll execute and deliver ta tha purchaser his
<br /> Deed conveyinq said property so so1d, but without any
<br /> covenant or warranty, express or implied. The recitals
<br /> in the Deed of any mettera or facte ehall be conalusive
<br /> proof of the truthfulness thereof. Any pereon, including
<br /> g�NEFICIARY, may purchase at the eale. TRUSTORS hereby
<br /> covenant to warrant and defend the title of the above
<br /> property to purchaser at sale.
<br /> D. When the TRUSTEE seZls the trust property pursuant ta the
<br /> pow�rs granted herein, the TRUSTEE shall apply the proceeds -
<br /> from the sale of such property in the followin� ordes of
<br /> priority:
<br /> (1) To the cost and expen�e of exercieing the power of sale
<br /> and of the sale, including attoaney fees, evidence of
<br /> title ar�d other sale expen�sfs�hg��ross sale price• not to
<br /> exceed four percent (4�) �J
<br /> (2) To the payment of the obligation secured by this Deed of
<br /> Trust and Trust Deed Note;
<br /> (3) To the payment of �unior 1 rusL DCCds , mort 7��"�j or other
<br /> lienholders;
<br /> (4) The balanc�, if any, to the person or persons legally
<br /> entitled thereto.
<br /> E. Upon the occurrence ot any cic�Lault h��eunder, B�NEFxCIARY
<br /> shall have, in addition to such other options as may be
<br /> granted heroin, the further option to foreclose this Deed of
<br /> Trust in the manner provided by law for foreclosures of
<br /> mortgdges on real prcperty.
<br /> F. BENEFICIARY may from time to tiime subatitute a successor or
<br /> sucaessors to any T�USTBE named herein or acti�g hereunder.
<br /> Upon such appointment, and without conveyance to the suecessor
<br /> TRUSTEE, the latter shall be vested with all title, powers,
<br /> and dutios conferred upon any TRUSTEE herein named or acting
<br /> hereunder. Each such appointment and substitution shall be
<br /> made by written instrument and executed by BENEFICIARY,
<br /> containing reference to this Deed of Trust and its place of
<br /> record, which, when recorded in the offi ce of the Register of
<br /> Deeds of the county or counties in which said ointm nt of
<br /> situated� shall be conclusive proof of p wQT ofpsubetitution
<br /> the successor TRUSTEE. The foregoing p
<br /> and the procedure therefor shall not be exclusive of the power
<br /> TRU3TEEcinuthe place of the bTRUSTEE nam�d h�Binitution of a
<br /> � G. TRUSTORS covenant and agree that upon any attempted -
<br /> conveyance, as�sigaiment, pledge or transfer of any of his
<br /> interest in the premises during the terjn of the loan secured
<br /> hereby, the BENEFICIARY shall have the option of declaring the
<br /> unpaid balance immediately due and payable, and if said sum
<br />� remains unpaid for fifteen (15) days thereafterQ BENrEF�PSAbe
<br />--� can cause Notice of Default to be giv��� a+=� �••� r--==---- - _
<br />_;�; sold as provided herei n. _
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<br /> -- H. As additional and collateral security for the loan, and
<br /> effective forthwith upon filing of a Nntice of Def ault, this _
<br /> 'K i.nstrument shall serve as an assignment by the TRUSTOf� m° the
<br /> '� TRUSTEE, of all rents and revenues resulting
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