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201508057
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Last modified
7/21/2017 2:02:13 PM
Creation date
11/24/2015 1:01:30 PM
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DEEDS
Inst Number
201508057
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2� 15�8�57 <br /> required by lavv}, or Beneficiary may deiay any such sale or other disposition <br /> for such period of time as Beneficiary d�ems to b�in its best int�rest. Should <br /> Beneficiary desire tha� mare than one such sale or other disposition be <br /> conducted, Beneficiary may, at its option, cause the sarne to be condu�ted <br /> simultaneously, ar successively an the same day, or at such different days or <br /> times and in such order as Beneficiary may deem to be in its best interest. <br /> iii. Should Beneficiary elect to cause any af the Mar�gaged Property t� be <br /> disposed of as Personal Praperty, it rnay disp�s� of any part thereof in any <br /> manner naw or hereafter perrnitted by Article 9 of the applicable Uniform <br /> Comrnercial Code or in accordan�e with any oth�r remedy provided by law. <br /> Trustor, Beneficiary and Trustee sha�l each be eligible to purchase any part ar <br /> all af such praper�y at any such disposition. Any such dispasition may be <br /> either public or private as Beneficiary may sa elect, sub�ect to the pro�isions <br /> of�he applicab�e Uniform Commercial Cade. Beneficiary shal� give Trustar <br /> at least t�n �1�} days priar written notice of the time and place of any public <br /> sale or other disposition nf such property or of the time at or after which any <br /> private sale ar any other intended disposition is made, and if,such natice �s <br /> sent to Trustor as provided herein, it shall const�tute reasonable notice to <br /> Trustor <br /> iv. Should Beneficiary elect to in�oke tihe power af sa�e and ha�e th�Trus�ee sell <br /> the Mortgaged Fraperty which is real property ar which Beneficiary has <br /> �lected to trea� as real property, upon such election Beneficiary shall deliver <br /> ta� Trustee a written statement af breach and electian to cause Trustor's <br /> intere�t�n the Mor�gaged Property to be sold, and,upon receipt of such notice <br /> from Beneficiary, {A} Trustee sha1� cause �o be recorded and deliver�d to <br /> Trustor and such other persons and entities as shall be entitled �hereto, such <br /> not��e of defau�t as then required by law and by �his Deed of Trust, �B� <br /> Trustee sha11,withaut demand on Trustor, after lapse of such time as may then <br /> be required by �aw and after recardation vf such natice of default and af�er <br /> notice of sale having be�n g�ven as required by law, sell the M�r�gaged <br /> Property at the �ime and place �f sale fixed by it in said noti�e af sale, either <br /> as a whole, or in separate lots or parcels ar items as Trustee shail deem <br /> expedient, and in such arder as it may determine, at public auction to the <br /> highest bidder for cash in lawful money af the Llnited States payable at the <br /> t�me af sale, and (�} Trustee sha1� deli�er to such purchaser ar purchasers <br /> thereof its good and sufficient deed or deeds conveying the property so sald, <br /> but w�thout any cavenant ar warranty, express ar impli�d. The recitals in <br /> such d�ed of any ma�ters ar facts shall be conclusi�e proof of the truthfulness <br /> thereof. Any persan, including, without ��mitation, Trustor, Trustee ar <br /> . Benef ciary, may purchase at such sale and Trustor hereby cover�ants to <br /> warrant and defend the title af such purchaser or purchasers. Trustee may <br /> pastpane sale of all �r any portion of the Martgaged Property by public <br /> announc�rnent at such time and p�ace of sal�, and from time to time ther�after <br /> may postpone such sale by public annauncem�nt or subsequent�y naticed sale, <br /> and without further notice make such sa�e at the t�me fixed by �he last <br /> postpanem�nt,or may,in its discretion, give a new notice af sale.� <br /> 24 <br />
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