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<br />?:�Fi:�*�'!''!!'�",�� 12. �g.l�l�ration un�}n Dolault i R�s�diaa��,�,�. Upon �;;{;•:�:.r�:_.
<br /> `���'-" �• dafault b Trua�or in the e ent o! ox rlor�ua�nc� af tho �.e�s � a��1�r;�_
<br /> • Y P Y� P+� „��:;...;,.:,�_
<br /> • � `��• ��� • dn� c�nditicn�s o! the Not�, Ar anX r�n�wals, �odifiaations ar ��:wwt:.�,.,_
<br /> �'Y i,
<br /> . , .�. "� . ext�neion� thpraoP, or th� payasnt of eny o4:4�er ind�b�Qdnesa r..,,�;,�,��- -
<br /> � eecured hexoby ar in trie perlor�r�nce o! an� ot the aovennnts �r �-=�`--- ___
<br /> � agreeaente hereunder, Benetici�ry aay dealare all au�s sec�xred ���
<br /> '•� 1�ti . _-� ��fnf�'.'.
<br /> ��..:i/___lY.�..�-
<br /> • � ;, hereby i�m�dia�ely du� and payr�blm and the same shall thereupon -��K N�---..-
<br /> �' beaons due a►nd payable without prmsantaent, c3emand, pxotest or ���—
<br /> � �� `' notica o! dny kind. Therealter, Boneliciary �ay aeliv�r to ��=.---
<br /> . ' ,� TrusC�e a written declaratfon o! d�t�ult and demand �'or sale. �"°"=-_
<br /> • TItUSTEE SgiA.L�Y, Hl�VE THF FOWER OF SAI,E OF THE PROPERTY and i! ���=--
<br /> � �._-��.:�_�_..
<br /> . � Benel�ciary decides the Property is to ba avld it eh�ll c�epasit ��4�;------
<br /> � with Trustee thie Deed of Trust and the Note or notea and any �'r9a�
<br /> , . .. " _ other �.oceaaente eaider�cing expenditure� seaured hernbv, and shall ��"�`I�
<br /> � � . ' deliver to Trustee a written notice of delauYt and election t� .��;d;_,..
<br /> '.'��� cause the Proparty �o be sold, and Trust�e, 3n tur�, shall �`�"�-'�
<br />� :�' px�par.e a similar notice in the form rsquired by law whic:h shall �.�.'�=�--
<br /> � be duly filed Por Yeco�d by T�cust�8. �...�_
<br /> .}� (a) After the lapse of such time a� may be reqtxired "°'°"'""""��
<br /> .:� _--
<br /> � by law Pollowing the recordation of Notfce of A�fault, and —
<br /> - �.;�" Notice of Default and Notice o� Sale having been qiven aa _ _—�
<br /> ,;;R required by law, Trustee, withouk dem�nd an Trustor, shall se].1 �-
<br /> the Pr+��exty in onR or �aore paxcels �nd in such ordsr ae� Tzvete� °L=
<br /> " . may deltermine on the daste and at the time and place designated in �y��_
<br /> . s�id Notice of Sale, at publia auction to the highest bidder, tho �==�
<br /> F r�'S
<br /> : .';..,,,r, „ purchase price payable in ca��a in lawful mon�y of ttie Unfted ��:�'.;�;;�,�
<br /> .�;,:—
<br />-� .•..;,;�;�,-.. , S�ates at the time of sale. 3'he pe,raon conduatinq th� eale may, �.,,.,�,�,���•�•
<br /> - � ��� for any aause he or sh� deems expedient, postpone the gale from ;,�;;•�
<br />" �^�•��•-• •�• • t3me to �ime until. it shall be completed and, in every such cas�, -.. , - _-
<br /> "" ,.;" �� not3.ce oP postpnnem�nt shall �e given by public declaration - _--
<br /> �' ;�'�''� thereo£ by s�ach person at the tima and place xast appointed for :.';'
<br /> '�:: .`::;��f" , the sale; provided, if the sale is postponed for longer than one �i����
<br /> .. .. (i) day beyond Y.he day desigaa3ted in the Notice of Sale, notice ,. ,.�
<br /> , �- �� <��� thexemE shall be givern in the same manner as the origfir�al Notice . , -��
<br /> �,^.�;�`��- �:w��g of Sale. Trustee shall exectaxe and deliver to the purahaser its -����
<br /> • . , Deed convey�ng �he lProperty so sold, but witYiout any covenant or .,.��,�;',���.r�„
<br /> ' � warrara�y, �xg9�ess, or implied. Th� reaitals in the Deed of any � �
<br /> ,� matti�ra or facts shall be aonclus:tve proof of t2ie truthfulness �-
<br /> -; �,,, ' I
<br /> .x thereo�. Any peraon, includinq, without �imitation, Heneficiary
<br /> �� �� � .� � or Trustee, may purchase at the sale. I.
<br /> ''.a-
<br /> :•_r- ._ .. �,
<br /> =•..��• . (b) When Trustee sells pursuantc ta the pewers herein, � �;,;���
<br /> � Trustee shall app�y tt�e proaeeds of tPne sale to paymont oP the I ,
<br /> • costs and gxpenser� rsf exQrcising th� power of sale and of the
<br /> � .� sale, incZudinq, wi�hout limita�ion, the payment of Trustee's � .
<br /> � '� Fees istcurred, whi.ch Trustee�a Fees shall not in the aggregate , •
<br /> . exaQed the followi.ng amounts based upon the amount seCUred hexeby �
<br /> � � and semaininq unpaicl: five� (S) peraentum on the balancd thereof; �
<br /> �� � and t�en to the iCems set forth in subparaqXaph (�) h�reof in the
<br /> �� �` order the�ein stated. ;
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