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ET <br />- �hhi.il•1.'� �' <br />n <br />t <br />�1 <br />' � I <br />'r <br />90- 1072'72 <br />if the power of sale is invoked, Trustee shall record a <br />notice of default in each county in which any part of the <br />Property is located and shall mail copies of such notice in the <br />manner prescribed by applicable law to Borrower and to the other <br />persons prescribed by applicable law. After the time required by <br />applicable law, Trustee shall give public notice of sale to the <br />persons and in the manner prescribed by applicable law. Trustee, <br />without demand on Borrower, shall sell the Property at public <br />auction to the highest bidder at the time and place and under the <br />terms designated in the notice of sale is one or more parcels and <br />in any order Trustee determines. Trustee may postpone sale of <br />all or any parcel of the Property by public announcement at the <br />time and place of any previously scheduled sale. Lender or its <br />designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall <br />deliver to the purchaser t'rustee's deed conveying the Property. <br />The recitals in the Trustee's deed shall be prima facie evidence <br />of the truth of the statements made therein. Trustee shall apply <br />the proceeds of the sale in the following order: (a) to all <br />expenses of the sale, including but not limited to Trustee's fees <br />as permitted by applicable law and reasonable attorneys' fees; <br />(b) to all sums secured by this Security Instrument; and (c) any <br />excess to the person or persons legally entitled to it. <br />14. Reconve57ance. <br />Upon performance of the obligations specified in paragraph 2 <br />of the letter dated September 28, 1990, from Elam, Burke & Boyd <br />DEED OF TRUST - 7 <br />_ r <br />rma n =sue <br />fCJ ,:J <br />Fla <br />i <br />i <br />k <br />