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� 4: .„�.e.: ��: t � � � ��t W�� �I � ��' (1C! � � �! �3 _4_ 12 . Acceleration_ ; Remediesc Sale . Upon default by Trustor in the payment of � any indebtedness secured hereby or in the performance of any agreement hereunder , Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of writien deciarati�ra cf dEfacZt . The Trustee shall have the power - of sale of the Property and if Beneficiary desires the Property to be sold , it shall deposit with Trustee this Trust Deed and all promissory notes and � documents evidencing expenditures secured hereby , and shall deliver to Trustee a written notice of default and election to cause the Property to bz sold , and ' the Trustee in turn shall prepare a similar Notice in the form required by law , which shall be duly filed for record by Trustee . (a) After the lapse of such time as may be required by law following the recordation of said notice of default , and notice of default and notice � of sale having been given as required by 1aw , Trustee , without demand on Trustor , sha11 sel. l the Property on tfie date and at the time and place designated in said notice of sale , at public auct �on to tha highest bidder , the purchase price payable in lawful money of the United States at the time of sale . The person conducting the sale may , for any cause he deems expedient , postpone the sale from time to time until it shall be completed and , in every such case , notice of postponement shall be given by public declaration thereof by such person at the time and place last appointed for the sale ; provided , if the sale is postponed for longer than one ( 1 ) day beyond the day designated in the notice of sa Ze , notice thereof shall be given in the same manner as the original notice of sale . Trustee shall execute and deliver to the purchaser its Deed conveying the Property so sold , but without any covenant or warranty , express , or `' implied . The recitals in the Deed of any matters or facts shall be con- clusive proof of the truthfulness thereof . Any person , including Bene- ficiary , may purchase at the sale . � � (b ) When Trustee sells pursuant to the powers herein , the Trustee shall apply the proceeds of the sale to payment of the costs and expenses of exer- cising the power of sale and of the sale , including the payment of the Trustee ' s Fees actually incurred , which Trustee ' s Pees shall not in the aggregate exceed the following amounts based upon the amount secured hereby and remaining unpaid : 5 percentum on the first $ 1 , 000 thereof , . 05 percentum on the balance thereof ; and then to the items in subpara- � graph (c ) in the order there stated . (c ) After paying the items specified in subparagraph (b ) if the sale is by Trustee , or the proper court and other costs of foreclosure anZ sale if the sale is pursuant to judicial foreclosure , the proceeds of sale shall be applied in the order stated to the payment of : ( i ) Cost of any evidence of title procured in con- nection with such sale and of any revenue stamps ; ( ii) All sums then secured hereby ; ( iii ) The remainder , if any , to the person legally entitled thereto . � 13 . Duties and Obligations of Trustee . ( a) The duties and obligations of Trustee shall be determined solely by the express provisions of this Trust Deed and Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth herein , and no implied covenants or obligations shall be imposed upon Trustee ; (b ) No provision of this Trust Deed shall require Trustee to expend or risk its own funds , or otherwise incur any financial obligation in the performance of any of its duties hereunder , or in the exercise of any of its right or powers , if it shall have grounds for believing that the repayment of . � . � . . � . . . . � S++Vq" � " �+�. � . . . . . � � � � ' � . • . 0 'x . � �; . � � � � , W� �'A`: . � . 4�, . .:.. � . � : � . � . . . . . . � . . . . � . . . �.� � � is � . . . � . . . � . . � . . . . .,�.,; i�,, '" .. � . . . . . � . � � . � . . . � . . . . . . . K � � .� . . . . . . . . .. . . .. � � � � � , � '