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90105266
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Last modified
10/20/2011 4:55:56 PM
Creation date
10/20/2005 9:39:36 PM
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DEEDS
Inst Number
90105266
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r <br />90-- 105266 <br />exceptions of the Trustor all of which art hereby arprsssly wetwed and Conveyed to the Trustee. to the event <br />of a eats as herstoebeve provided, the Trwtw or any person 1" psesosstan under the Trustor. 00011 town <br />becom and be tenants holding over and shall forthwith deliver possession tp the purchaser at such tale or be <br />eunrarlly dlepasamd.. In socerdancs with the provisions of law applleabts to totems holding over. This <br />power and agency hereby treated are coupled with an Interest and are irrevocable by death or otherwise. and <br />are petted so eemuUtivs to all other rowdies for the colleotion of raid tadebtdnsse. Tie Smfloiary or <br />Assis" rosy take any otter +pprspri0a action pursmil: to state or Federal statute .ether to Hate or Federal <br />octet or mWe also for the disposition of the prarty. <br />d. In the event of a sale as provided In paragraph 4. the Trustes shall be paid a fee by the <br />Mnsflolary In an mowt Not to sxoesS of psroent of the gross Mount of said sale or sales, <br />provided. how0wr. that the esaunt of such tea shell be rsuonsble and shall be approved by the $Wlclery <br />as to reasonableMes. Sold fee shall be in addition to the costs and sspsnsss lncurnsd by the I'Motso in <br />conducting ouch tale. The Mount of such costs and expenses shall be deducted and paid Ira the sale's <br />pe+oeeds. It is further agreed that It said property shell be o6artlood for Sala as hsre1M providsd and not <br />sold. the Trustee slall be entitled to a reasonable tee. In an mount acceptable to the 8=01044hr for the <br />servloss rendarsd� The Trustee dull also be reMdtursed by the gsoaticlary for all costs and expasees <br />Incurred to eehYssatlow with ten adrarNaing of said property for so is It the ale Is not consineited. <br />d. The preoseds at any Selo of said property to accordance with paragraph 4 shall be applied tint to <br />payants of fees, coots. and expenses of said ale. the expenses Incurred by the Mnatkiery for the purpose <br />of protecting or ■ intainino Said property ad reasonable attorneys' tea. secondly. to psyasat of tin <br />indebtedness esc-, hsrebys and thirdly, to pay any surplus or *am to the parson or psrsona legally <br />entitled thereto. <br />1. In the event sold property is sold purswnt to the autherlsatlon contained to this Instrusext or at <br />a ,edictal foreolonhra sale and the pnxm a aw sot sufficient to pay the total indebtedness secured by this <br />ie knosnt and svldsapd by sold praelescry note. the gsneficlary will be entitled to a dsttelency U% aht <br />for the moot of the dotlolanky without "rd to eppratesseeto the Trusts having wSlvd and 4410twpd all <br />rights of aop►rouaesaht to the Trustee. <br />b. The Treater covensats and agrees as folloro: <br />a. lie will prceptly pay the Indsbtednsse avid N sold prueissery noes at the two and in the <br />ewer thereta provided. <br />b. No will pay all taxes, asssoewty. vaster rata, and other Vverneental or snnicipal charges. <br />fines or Ispssitlona. for which provision his not boon wide hpW:isfore. and will proapth- deliver <br />the official revelpts therefor to the Mneflclory. <br />7 <br />u <br />L L J <br />Ll <br />C. Its will pay such expar"' .and ties as my be Incurred In ON Vataatim and eNntWO" (of said MEMO <br />property. leeiuding the fans of ony,sttornay employed by the lomfklary for the celloct1wo Of any <br />or all of the Indebtedness hereby oswrad. of such a I and tees ss any be ineumd is any i <br />f"clawre Sala by the Trustee. or court pr arm dings or in any other tltlestlan K prectsdtmt, . <br />al'Natiog mid property. and attorney's hse nosoneb% lawrred Is any other easy. <br />d. The rights treated by this canveywace sha1) remain to full tore and affect Owing my <br />psatpeneeet or autan tan df •tie ttee of ohs pageant of tin indebtedness owldsaced by 60911 note or d. : <br />any heart thereof secured hsreyy, . <br />e. Ib will Contlnuoualy msinttio hwaT4 •iasrance of such type or types ad in such aewnts as the + <br />" <br />n <br />losticlary aye fros ties to tint raquerel. an the laprovow is now or hersof ter on sold rproperty. <br />and Mlll pay proiptiy wh"'dn any pralas therefor. All insurance shell 1» carried in c:ceponles <br />arcept4le to Beneficiary o9W the policies sad oo Is thereof shell by held by Beneficiary SSA <br />We attached tharoto loss pyable clews In favor of and in tore accoptabls to the Buheficlary, <br />! <br />Is tM, avast of Tess. Trgetor will pea Mdadlste-wtks is writing to least Iclary and Uofeticlary <br />"' Mny a+dtt proof of loss If plat sleds grsmptly by Trmstor, and arch iswrms company ie <br />a`�ii authorized and dirar�ted to elalte plyennt far oath loss directly to bmfktory Instead of to <br />Twstor and Baettclary ymlatly. and tow lasurame proceeds. Or any part thereef. may a applied by <br />u <br />L L J <br />Ll <br />
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