84006291 - Laserfiche WebLink

Browse

84 -. 008291 expedient, postpone the sale from time to time until it shall be completed and, in every such case, notice of postponement shall be given by public declaration thereof by such person at the time and place last appoi~ted for the sale; provided, if the sale is post- poned for longer than one (1) day beyond the day designated in the notice of sale, notice thereof shall be given in the same manner as the original notice of sale. Trustee shall execute and deliver to the purchaser its Deed conveying said property so sold, but, without any covenant or warranty, express or implied. The recitals in the Deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including Beneficiary, may purchase at the sale. (2) When Trustee sells pursuant to the powers herein, Trustee shall apply the proceeds of the sale to payment of the costs and expenses of exercising the power of sale and of the sale, including the payment of Trustee's fees actually incurred. which Trustee's fees shall not in the aggregate ------ ------- ---exc~--cire ruiiuwiug cmrounts---DCiS"eul;I}lon-i;.~------- secured hereby and remaining unpaid: .05 per centum on the $50 thereof, one (1) per centum on the balance thereof; and then to the items in subparagraph (3) in the order there stated. (3) After paying the items specified in paragraph (2) if the sale is by Trustee, or the proper court and other costs of foreclosure and sale if sale is pursuant to judicial foreclosure, the proceeds of sale shall be applied in the order stated to the payment of: (a) Cost of any evidence of title procured in connection with such sale and of any tax on the conveyance; (b) All sums then secured hereby; (c) All expenses of upkeep, maintenance, and utilities incurred in connection with such sale; (d) The remainder, if any, to the person or persons legally entitled thereto. D. Upon the occurrence of any default hereunder, Beneficiary shall have the option to foreclose th~s Trust Deed in the manner provided by law for the foreclosure of mo:Ltgages on real property. E. Beneficiary may from time to time substitute a successor or successors to any Trustee named herein or acting h~reunder. Upon such appointment, and without conveyance to the successor Trustee, the latter shall be vested with all title, powexs, and duties con- ferred upon any Trustee herein named or acting hereundlllr. Each !luch appd,ntment and substitution shall be made by writtcl" instt."U.nMInt and executed by Beneficiary. containi~4 reference to this Trust Deed and its place of record, which. when recorded in the of.flc~ of the Register of Deeds of the county or cClunties in which lliaid property its s1tuat~d, shall --'