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<br /> 12. AQGA�A �r An �,9o�.Bc� �u�tr R6TflQQI�.A�]) SnXc�. Upon •
<br /> �� d�fault by Truator in the pAycnen� af or porformanca of �ho terms .
<br /> ;��,. �
<br /> ., and conditione of tho Note, or any Lonoalals, modificatiana or
<br /> exteneions �har�of, or the p�yment of any �t�er indebtednc�sr� �
<br /> � � , secured liereby or in tho parforrautice of at�y of �ha covenan�s or ,n,�-,
<br /> • „ agreemon�s hereunder, Soneficiary may declare a�l auma e�cured '���,,_
<br /> hareby immediataly due and payabla and the samo shall thereupon � ��
<br /> '`".'"' ,� become due and gayable without preaentment, demand, protest or `'-�'-
<br /> � not.ico of any kir�cl, Thereafter, Beneficiary may deli.ver to �
<br /> Trustee a written declaration of default and demand for sale. ��=I
<br /> � TRUSTEE 3HALL HAVE THE POWER OF SALE OF THE EROPERTY and if ��' '.
<br /> Beneficiary doaides the Property is to be sold it ehall doposit -
<br /> • �� w3th Trus�oe this Deed oF Truat and tho Note or notea and any -_
<br /> other documents evidencing expenditures secuxed hereby, and shall ��
<br /> delivor ta Trustee a wriL•tsn noti.ce of default and election to �`"
<br /> ��
<br /> . f� causo the Property t o be sold, and Trustee, in turn, shall --
<br /> � � proparo a similr�r n��:ico atz ��e tor:n �eqai.red by law W�'ifCh shall �_.
<br /> .� �6� • be duly filed for r�cord by Truatee. --��
<br /> � � (a) A�ter the lapse of such time as r.tay be required by �=`-
<br /> �� � ,� larr follocain tih� recordation of Notice of Default, and Notico of
<br /> 5 �::� -
<br />- , Default and Notice of Sa�e having been given as required by law, w °
<br /> Truste�, without demand on Trustor, shall sell the Proporty in �.-
<br /> one or more parcels and in such order as Trustee may determine on k,-
<br /> the date and at the time and place designated in said Notice of =
<br /> Sale, at public auct ion to the hic�hest bidder, the purchase price _--
<br />_ _ - , nayablA ir� cash in lawful money of �he U�aited S�ates a� the time
<br /> of sal�. The persor� condLicting the sale may, for any cause he or �
<br /> ' '����� she deems expedient, postpone the sale from time ta time until it �
<br />— i� �ts;� ,�
<br /> ��;�j'.�e,,
<br />-,.�s�;-�;�-,� shall bo campl�ted and, in every su�h case, notice of
<br />- ��"'�`� postponement shall }ae given by public declaration thereaf by such
<br /> � ��. r� :�� � person at the time and place l.ast appoin�ed for the sa�eo
<br /> ' ' ' `��' providvd, if the sale is postponed for langer than o�ne t7.) day =p
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<br /> • �,•�:. boyond the day designated in the Notice �f Saleo notice thereof --
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<br /> iti1:;;5'•�;4'•�•� ` � shall be given in the same mannmr as tho orir�inal Notice of Sale. _
<br />�'�".'�:'`'' " �°� Txustee sha11 execute and deliver to the purcha�or ita Daed
<br />�,�;_ • ., ; ���" w�� convey3nq the Propescty so solc�, but w�.tE�out any covenant or � -
<br /> _ .,.��,. ,,.- , ,�.,
<br />-•���=W� warrant , ex ross, or implied. The recf�als in the Deed of an �
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<br /> �-�- mattors or facta shall be conclusive proof �f the truthfulnesa '� '
<br /> �1?"�`�`^�s5`�"� ' th�reog. Any pexson, including, without limitation BeneficiaxV '
<br /> �i�t��..l'E7�„-:Y�4 � I I - —
<br />'�� "' ;``r����� "` � ox �rust�e, may purchas� at tho sale. _-
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<br /> __- ' • (�i) When Z'ruqt�ee ga11s pursuant to the powers hezoin, ���v
<br /> .�.��: -
<br /> �_ �w � ' Trustee ohall apply the proceeds of the sale ta payment of �he _ _
<br />�i'=�"-"�.- •'�.,`� coats and expenaea of exerciaing the power of sale and o� the ^:_
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<br />;»�i�.��: '; ., sale, �nclud3r�g, without 1lmitati.on, tlio payment of Tru9t�ee's -
<br />�.c��':.:-�. '. �.:, Fc�es inrsurred, which Trustee's Feea .sha11 no� in the aggr�egate `� _
<br />��4ri-r^:_t:;.:•, ' __
<br /> ,s.}�,�: exceod $1,000.00 plus two porcent (2�) of the amount aecured a_
<br />�:��:"���'''�• '�� � h�roby and remaining unaaid and then to the itesns sot forth in . -
<br /> t�:�t,�_��.;.. , =—
<br />' � subparac�raph (cy hereof in the order therein stated. ;
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