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<br /> information, drAfta of aasumption documente, titl
<br /> endaranment or poli.cy commitment and other documentation reaecnably
<br /> required by the hw�itten°riotificationeGoeTruotor�of itetobjection
<br /> doeu not provide such
<br /> to such assumption within fiftePn (15) days after recer ved euch
<br /> -�.�,.w information, the holder w�oved �aeaumpt on�of athe No e by euch
<br /> _ -------- �-� aseumption. Upon he app �
<br /> — purchaser, ot�without fu ther action or docum ntationr liabil ty
<br /> under the N
<br /> � r,efa,�ir- Remec3ie�s��• The failure
<br /> ------ - —_� 6. �.,..et�Yar i on Uoon
<br /> - - _-__�--_------° by the Trustor to make any payment or to pertorm any of the terms --
<br /> --- and conditions of the Note, or any renewals, modifications or
<br /> extensions thereof within any applicable grace or cure period, or
<br /> —� the payment of any other indebtednese aecured hereby or !n the
<br /> �- --°°--W performance of any of the covenanta �rovides noticertonTruatorhof
<br /> -- fifteen (15) days after Beneficiary p
<br /> . �he occurrence of aumay declareBaadefault and may declare aZlesums
<br /> :. �' �� and the Beneficiary �
<br /> - '° •,� sECUred hereby immediately due and payable and the same shall
<br /> . ��� ��,��`�. able without preaentment, demand, proteat or
<br /> , ;�,��. ;�; , , thereupon due and pay
<br /> (JJ.w.v;..d....� . -
<br /> ;.-.�> � notice of any kind; aubject, however, to the right i �the T AfCer -
<br /> �. '..�:��`��R��'.%;;i'�`�:���� t o r e i n s t a te tlne obligation d�l ivervidoed Tb u �e e a w r i t t en
<br /> = " ��1� ,4�,i,�, ,�,
<br /> s`,rj E�'���,y acceleration, Benef ic iary may
<br /> �L,.:�.;���.�� �� declaration of defau lt an d d e m a n d f o r a a l e. Trustor agrees and
<br /> hereby grants that the Truatee shall have the powex of sale of the
<br /> � ''��''�'�'.':'`'��`�'J� p is to be sold it
<br /> ,,...^<• ,r.:`
<br /> _ ,�,•;,u,ar{;i;«,�� Property and if Beneficiary decides the Pro erty �.._
<br /> . :,.;;,s�.�; ..`. � shall depoait with Trustee �his Deed of. Trust and the Note or notee �
<br /> and
<br /> ;� '>' � and any other documente evidencing expenditures secured hereby, R;__.
<br /> '���+�;�'�„__�r-.. -
<br /> - ahall dClive� to Trustee a written notice of default and election � -
<br /> �, ;�,;:;;,,,�, ,� to cause the Property to be sold, and Truatee, in turn, aha11 F
<br /> � prepare a aimilar notica ir. the form required by ��Wr M►hich shall _
<br /> be duly filed for record by Trustee.
<br /> (a) After the lapse of such time as may be required by law �_�_:
<br /> W' � following the recordation of Notice of Default, and �'-
<br /> " ' � Notice of Default and Notice of Sale having been given as _ _
<br /> �a , � required by law, Trustee, without demand on Trustor,
<br /> ;�:}'� . � �� ' � � ahall aell the Property in one or more parcels and in �� `
<br /> �,f':i: � auch order as Trustee may determine on the date and the
<br /> � time and place designated in said Notice of Sale, at
<br /> � 1 public auction to the highest bidder, the purchase price
<br /> ,::�,,.:�
<br /> � � payable in lawEul money of the United States at the time �,
<br /> �: of sale. The peraon conducting the sale may, for any ;
<br /> cause he or ahe deems expedient, postpone the sal.e from k
<br /> ' time to time until it shall be completed and, in every ;
<br /> � . such case, notice of postponement shall be given by ;
<br /> ,1� , � '� � ' public declaration thereof by such person at the time and �
<br /> place lasL• appointed for the sale; provided, if the sale
<br /> ` � is postponed f or longer than one (1) day beyond the day �
<br /> i '' designated in the Notice of Sale, notice thereof shall be .
<br /> given in the same manner as the original Notice of Sale.
<br /> �. � .� � Trustee shall execute and deliver to tk:e purchase its
<br /> i,;. � � Deed conveying the Property so sold, but without any
<br /> � covenant or warranty, express, or implied. The recitals
<br /> --� � in the Deed of any matters or facts shall be conclusive
<br /> ; proof of the truthfulness thereof. Any person, including
<br /> �; � without limitation Beneficiary or Trustee, may purchase
<br /> . - ° at the sale.
<br /> �
<br /> (b) When Trustee sells pursuant to the powers here e�tTofsthe
<br /> shall apply the proceeds of the sale to paym
<br /> �_ costs and expenaes of exercising the power of sale and of
<br /> - ..w„ .,,,e ; .,�i„�;nQ. without limitation, the payment of
<br /> - -- _—— - _-- ....,. ..w..,.. -•--- -- .,.
<br /> Trustee' s Fees incurred, which trustee's Fees shaii nat
<br /> � � in Lhe aggregate exceed the following amounts based upon
<br /> the amount secured hereby and remaining unpaid: 5
<br /> �v� �'L percentum on the balance thereof; and then to the items
<br /> i k;, in subparagraph (c) in the order there stated.
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