Laserfiche WebLink
<br />In the event that the property is sold pursuant to the POWer <br />sale "onferred upon the Trustee hereunder. the Trustee shall cauee <br />be filed of .~"ri A WMttf>n ~otice. of defaultt I <br />property, After the lapse of such time as then may be required by"1if <br />following recordation of such notice of default. and notice of sale haYlag <br />been given as then required by law. Trustee. without demand on <br />Trustor. shall sell such property, either lllII a whole or in separate <br />parcels. and in such order as it or Beneficiary may determine at public <br />auction to the highest bidder, Trustee may postpone the sale of all or <br />any portion of such property by public announcement at the time and <br />place of sale. and from time to time thereafter may postpone the sale by <br />public announcement at the time and place fixed by the preceding <br />postponement. Trustee shall deliver to such purchaser it. deed <br />conveying the property so sold. but without any covenant or warranty. <br />express or implied. The recital in such deed of any matters of fact or <br />otherwise shall be conclusive proof of the truthfulness thereof. Any <br />person, including Trustor, Trustee or Beneficiary, may purchase at <br />b<.lch sale. Trustee may also Bell at any such sale and 88 part thereof <br />'tny shares of corporate stock securing the obligation secured hereby. <br />l>.rad Trustor waives demand and notice of such sale, (Beneficiary at its <br />oPion may also foreclose on such shares by independent pledge sale. <br />Ilnd Trustor waives demand and notice of such sale.) The Trustee shall <br />apply the proceeds of the Trustee's aale. first. to the coats and <br />expenses of exercising the power of sale and of the sale. including the <br />payment of Trustee's fecs actually incurred. not to exceed five percent <br />of the principal balance unpaid at the time of recording the notice of <br />default. second t to the payment of the obligation secured by this trust <br />deed, third, to the payment of junior trust deeds, mortgages or other <br />liens, and the balance, if any, to the person or persons legally entitled <br />thereto. <br /> <br /> <br />....-'>."'.""--~,\ <br /> <br />12,4884/4X <br /> <br />r <br /> <br />84e....... 00lH8 <br /> <br />and apply the same, less costs and expenses of operation and~. <br />including relllllOnable attorney's Ieee, upon any indettt~ <br />hereby and in such order as BenefiCiary may ~; ,...... <br />such application. Beneftclary shall not be liable to <br />collection or noncollection of any rents. inCOlRO. is <br />the failure to lllIIsert or enforce any of the <br />Beneficiary be charged with &."11' of the duti8esatlcl <br />mortgagee in possession. The entering upon bd <br />such property. the collection of such rents. ineomei. <br />the doing of other acts herein authoriaed, and the <br />aforesaid. shall not cure or waive my default or <br />hereunder or invalidate any act done pur.uant to sucb <br /> <br />L <br /> <br />Upon any default under this Deed of Trust or any note secured <br />hereby ond followior: any acceleration of maturity of the indebtedness <br />secured hereby, Ii tender of payment of the amount necessary to satisfy <br />the entire indebtedness secured hereby. made at Bny time prior to a <br />foreclosure sale. whether under the power of sale contained herein or <br />pursuant to judicillll foreclosure proceedings, shall constitute an evasion <br />of the payment h'!rms of the Note secured hereby and shall be deemed a <br />voluntary prepayment of the indebtedness: and MY such payment, to <br />the extent permitted by law. must. therefore. include Il premium <br />Nquired under thE! prepayment privileg'e. if any. contained in any note <br />H<~ured her'eby: or. If at that time there ahall he no privilege of <br />pNp.yment. then !luch IJltyment, to the extent pf'rmitted hy law, will <br />lndude a prf}mlum for snch prl}payment of t"Ive percent of the thon <br />princlpld bldlllnN'. <br /> <br />j 5 .p..~.r~!!~_._!~r:~'.~ty: Thill DeNI of Trust is Hhm hltpndNl to <br />encumher anCl crell.te. IInit---rrll/lltor d~l'I hcrehy g'l'l!nt 10 Ocnefleillry, II <br />!lfl'(}Ul'lty inh""~l;\t In IIn" ,tn.l "II of IHwh pl'oIH'1't" whkh i~ P'}l'l'Iolllll <br />pl'op1ilrl ~l owned by Tru/'Itor lUll! tlllW "I' Ilf'l'f'llflnl' IO('Mh'd 011 0))' II!>lNl It, <br /> <br /> <br />Ii <br /> <br />-.J <br />