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<br />(c) deliver to Trustee a written declaration of
<br />(� default and demand for sale, and a written notice of
<br />1 default and election to cause Trustors' interest in the
<br />property to be sold, which notice Trustee shall cause
<br />to be duly filed for record in the official records of
<br />the county in which the property is located.
<br />13. Foreclosure by Power of Sale. Should Beneficiaries
<br />elect to foreclose by exercise of the power of sale herein
<br />contained, Beneficiaries shall notify Trustee and shall deposit
<br />with Trustee this Deed of Trust and the note and such receipts
<br />and evidence of expenditures made and secured hereby as Trustee
<br />may require, and upon request of the Beneficiaries, the Trustee
<br />shall file for record, in the Register of Deeds office in the
<br />County where the property is located, a notice of default,
<br />setting forth the name of the Trustors, the Book and Page or
<br />Document No. of this Deed of Trust as recorded in said Register
<br />of Deeds office, the legal description of the above - described
<br />real estate and that a breach of an obligation, for which said
<br />real estate was conveyed as security, has occurred, and setting
<br />forth the nature of such breach and the Trustee's election to
<br />sell the real estate to satisfy the obligation; and after the
<br />lapse of not less than one (1) month, the Trustee shall give
<br />written notice of the time and place of sale which may be between
<br />9:00 a.m. and 5 p.m. at the premises, or at the Courthouse in the
<br />County wherein such property is located, describing the property
<br />to be sold by its legal description, said notice to be published
<br />in a newspaper of general circulation in the County wherein such
<br />property is located, once a week for five (5) consecutive weeks,
<br />the last publication to be at least ten (10) days, but not more
<br />than thirty (30) days, prior to the sale; and the Trustee shall
<br />then sell said property at the time and place designated in the
<br />notice, in the manner provided by law in effect at the time of
<br />filing said notice, at public auction to the highest bidder for
<br />cash and shall deliver to such purchaser a deed to the property
<br />sold, consistent with the law in effect at the time.
<br />Upon receipt of payment of the price bid, Trustee shall
<br />deliver to the purchaser, Trustee's deed conveying the property
<br />sold. Recitals in the Trustee's deed shall be prima facie evi-
<br />dence of the truth of the statements made therein. Trustee shall
<br />apply the proceeds of the sale in the following order: (a) to
<br />all reasonable costs and expenses of the sale, including but not
<br />limited to, Trustee's fees of not more than three percent (3%) of
<br />the gross sale price, reasonable attorney fees and costs of title
<br />evidence; (b) to all sums secured by this Deed of Trust; and
<br />(c) the excess, if any, to the person or persons legally entitled
<br />thereto. Any person, including Beneficiaries, may purchase said
<br />property at said sale.
<br />The person conducting the sale may, for any cause he or she
<br />deems expedient, postpone the sale from time to time until it
<br />shall be completed and, in every such case, notice of postpone-
<br />ment shall be given by public declaration thereof by such person
<br />at the time and place last appointed for the sale; provided, if
<br />the sale is postponed for longer than one (1) day beyond the date
<br />designated in the notice of sale, notice thereof shall be given
<br />in the same manner as the original notice of sale.
<br />14. Remedies Plot Exclusive. Trustee and Beneficiaries, and
<br />each of them, shall be entitled to enforce payment and performance
<br />of any indebtedness or obligation secured hereby and to exercise
<br />all rights and powers under this Deed of Trust or under any loan
<br />instrument or other agreement or any laws now or hereafter
<br />enforced, notwithstanding some or alI of the indebtedness and
<br />obligations secured hereby which may now or hereafter be: otherwise +
<br />secured, whether by mortgage, deed of trust, pledge, lien,
<br />assignment or otherwise. t7e.itl:er the acceptance of this Deed <!f
<br />Trust :ior its enfor e.ment, whether by court aet ien )r pur:3uarzt tc.
<br />t:he P"7'wer `f n.rle! Or Other low -rs herein cuntaine.-c:, shall pry 177-
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