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�_ � �. .;� a � . . . . . � . � . . i � /x'��► xF � � � A: � � ' 76- 0053Q5 : -4- 12 . Acceleration ; Remedies ; Sale . Upon default by Trustor in the payment of a ( any indebtednesa secured hereby or in the performance of any agreement hereunder , Beneficiary may declare all sums secured herehy immediately due and payable by delivery to Trustee of written declaration of default . The Trustee aha11 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 defaulr and election to cause the Property to be sold , and the Truatee in turn shall prepare a similar Notice in the form required by law , which shall be duly filed for record by 'Prustee . ;i (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 law , Trustee , without demand on Trustor , shall sell the Property on the date and at the time and place designated in said notice of sale , at public auction to the 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 sha11 , 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 sale , 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 covenunt 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- i', cising the power of sale and of the sale , including the payment of the ' ' Trustee ' s Fees actually incurred , which Trustee ' s tees 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- R graph (c ) in the order there stated . :: ' 4 �: , (c ) After paying the items specified in subparagraph (b ) if the sale is by Trustee , or the proper court and other costs of foreclosure and sale if �' the sale is pursuant to judicial foreclosure , the proceeds of sale shall t be applied in the order stated to the payment of : s ( 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 ; i' `:. ( iii) The remainder , if any , to the person legally entitled thereto . 13 . Duties and Obli�ations 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 .,�, � '`i,� �N , � • � h - � ,. . � ; !q ' L(Y � ` �c - � , '� �. . .5 .— � � _ . _ . h �