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200102833
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200102833
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Last modified
10/14/2011 2:19:27 AM
Creation date
10/20/2005 8:19:52 PM
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DEEDS
Inst Number
200102833
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200102833 <br />payable in cash in lawful money of the United States at the time <br />of sale. The person conducting the sale may, for any cause he or <br />she deems expedient, postpone the sale from time to time until it <br />shall be completed and, in every such case, notice of <br />postponement shall be given by public declaration thereof by such <br />person at the time and place last appointed for the sale; <br />provided, if the sale is postponed for longer than one (1) day <br />beyond the day designated in the Notice of Sale, notice thereof <br />shall be given in the same manner as the original Notice of Sale. <br />Trustee shall execute and deliver to the purchaser its Deed <br />conveying the Property so sold, but without any covenant or <br />warranty, express, or implied. The recitals in the Deed of any <br />matters or facts shall be conclusive proof of the truthfulness <br />thereof. Any person, including, without limitation, Beneficiary <br />or Trustee, may purchase at the sale. <br />(b) When Trustee sells pursuant to the powers herein, <br />Trustee shall apply the proceeds of the sale to payment of the <br />costs and expenses of exercising the power of sale and of the <br />sale, including, without limitation, the payment of Trustee's <br />Fees incurred, which Trustee's Fees shall not in the aggregate <br />exceed $500.00 plus two percent (20) of the amount secured hereby <br />and remaining unpaid and then to the items set forth in <br />subparagraph (c) hereof in the order therein stated. <br />(c) After paying the items specified in subparagraph <br />(b), if the sale is by Trustee, or the proper court costs and <br />other costs of foreclosure and sale if the sale is pursuant to <br />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 <br />connection with such sale and of any Documentary Stamp Tax <br />required to be paid; <br />power of sale; <br />(2) Attorneys fees incurred in exercising the <br />(3) All obligations secured by the Deed of Trust; <br />(4) Junior trust deeds, mortgages, or other <br />lienholders; and <br />(5) The remainder, if any, to the person or <br />persons legally entitled thereto. <br />13. Additional Security Instruments. Trustor, at its <br />expense, will execute and deliver to the Beneficiary, promptly <br />
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