|
_ _.;�..:-�, �[ ���� . _
<br /> - "e.�J,is=a.i}i.tiu';`_�f.�iR�r 'Y•u:=•S�n)i_ � ..i :7.6u.ie�lr'�li�iQZ�C� �Y-",'� ,li.�t ia�'3iew�w:a.�i4�"�1waa5i��Sf;.QiueT`�a+�CaY t.larL4 _�2.`[t�2CA�4'�.w�+=��f4 f�.���iv':�`-:` S� :i:�.'.�. �.Y,iLCS�x'w�v�i��..vE�w.�
<br /> _= - -- "'--�"�..,�=�-����if��c.- 5 y�S^� -� --- '��'�1�i1�.�'' �afY�*'!S ��` :�ti ex�-���--_-
<br /> ���yVw;. �:�An.+�i—t�L.��,"�'iRi'�E Vt�=�"�' ��s .rg
<br /> � � - �
<br /> � � `
<br /> �
<br /> t
<br /> {
<br /> � � 9�"'100638
<br /> Beneficiary sII�all notiFy Truat�e and shall aeposit with Trustee
<br /> � thia Deed o€ Tr�rst and the Note a»d such receipts and evidence of
<br /> expenditures.made aa�d secured herebg as Trustee may require. �
<br /> (a) Upon receipt o� �aah notice from Heneficiary�,.
<br /> • Trastee sha11 caWSe to lt�.:'�cecorded, published a�d
<br /> deiivere8 to Gra�tor suG� Hetice of Default and .�otice
<br /> � o� Bale as then re�rifred bq law and by this Deed o€ '
<br /> Trus�. Tru.stee s��Ii, w€t�out demand an Grantor, a�ter .
<br /> such. .tim�°as may t�en be�.;r�quired by law and after : �,,
<br /> . � nat#�c� having be�� givera as -req�s.i:rQd by law, s�li. the .� ;':: "' .� � . � .
<br /> . Tru:��..Prope�ty at the t ime and F1ace of sale f i:�€�d by�.:��� ...
<br /> it £� su�h 1Notice of SaZ�r eit�aer as a w�ole, ��i� �in -:�.
<br /> � separate �.ots or parceis. o� items as Tru.axee �hall d��m : ` ,
<br /> �. expedient, and in euch orcler as it may d��:�ermine, at �-�.,�: '
<br />-- �' � pu�tlic auction ta the highest bidder for cash.in lawful
<br /> money of the Onited Statea payable at the tim� c� sal�.
<br /> ` � ; Trustee shall deliver to such purchaser or pur��.�sera
<br /> '� ��.j, � . thereof i� good and sufficient deed conaeg�i�ng �t�� ,
<br /> � � . property gc� sold, but without anp covena�t or c�rranty,
<br /> " express or iYapli�d.. The recitaie in such dee� �k any � �
<br /> � matters or facts �lia1Z be c�nclu��ve proof e�. t�h� -
<br /> � � � truthfulness thereo�. Any persc�n, i�1Cl�.d�.u�r. ��ithOUt "�,;
<br /> , limitation, arantor, Trus�ee or H�neficiasy. �ra� �
<br /> p�Yxahase at such gaZe and Grantor hereby cave�a�i�s to �:��
<br /> w�:�rant and defend the title of such purchase� c�r ;�}�;�
<br /> , g�rchasers. �
<br /> . ' , (b) As may be permitted by law, a����. deduc�ing �. .
<br /> all costs, fees and expenses of Trustee arc� �f this �--
<br /> truat, fncluding, without limitation, cosCs of� evidence . „
<br /> of title in connection with sale, Trust�e shall apply � _
<br /> the praceeds of sale to �ayment of (i) �1:1 aumg
<br /> ex�ended under the terms �►ereof, not the� repaid, with ��
<br /> � a��rued interest at fifteen pescent (15�) per annum, or
<br /> ; at the maximum interest rate whicb Grantor may by law
<br /> t pay, whichever is lowet, (ii) ail other �ums then
<br /> , secured hereby, and (iii) the remaind�rr- if any, to the .
<br /> � person or persons legally entit2��. theretto. • •;1,::
<br /> < �:,;�
<br /> (c� Trustee may in the manner provided by� iaw, �' �-����
<br /> postpone sa�e of al1 or any portion of the Trust ` �
<br /> Property. -
<br /> � 49,.. Concerning tne Trugtee. Trustee shall be under no
<br /> dc�tiy to take any�on her�under exrept as expressly required
<br /> + hereunder or by law, or to gerform any act which would involve
<br /> Trustee in any expense or Zi�ability or to institute or defend any
<br /> � euit in respect hereof, �nLc��3 properly indemnified to Trustee's
<br /> reasonabie sa�fsfaction. �austee, by arceptance oF this Deed of
<br /> . Tsust, covenants to p�rform and �uZfill the trusts herefn
<br /> created, being liable, howev�ro pni� for willful negligence or
<br /> -22- ;-- �-
<br /> . i
<br /> • f
<br /> . l_ � � J
<br /> �.
<br /> ,�
<br /> �, �
<br />� � �
<br />
|