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83005795
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Last modified
11/19/2008 9:00:18 PM
Creation date
11/19/2008 9:00:17 PM
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DEEDS
Inst Number
83005795
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<br />I <br /> <br />83...;;,- () 0 5 79 5 <br /> <br />r <br /> <br />on TRUSTORS, shall sell said property on <br />the date and at the time and place designated <br />in said notice of sale, at public auction <br />to the highest bidder, the purchase price <br />payable in lawful money of the United States <br />at the time of sale. The person conducting <br />the sale may, for any cause he deems exped- <br />ient, postpone the sale from time to time <br />until it shall be completed and, in every <br />such cuse, notice of postponement shall be <br />given by public declaration thereof by such <br />person at the time and place last appointed <br />for the sale; provided, if the sale is post~ <br />poned for longer than one (1) day beyond <br />the day designated in the notice of sale, <br />notice thereof shall be given in the same <br />manner as the original notice of sale. TRUSTEE <br />shall execute and deliver to the purchaser <br />its Deed conveying saId property so sold, <br />but without any covenant or warranty, express <br />or implied. The recitals in the Deed of any <br />matters or facts shall be conslusive proof <br />of the truthfulness thereof. Any person, <br />Including BENEFICIARY, may purchase at the <br />sale. <br /> <br />( 2) <br /> <br />;,hen TRUSTEE sells pUt'suant to the powers <br />herein, TRUSTEE shall apply the proceeds <br />of the sale to payment of the [~osts and ex- <br />pens~s of t~xercising t"he power of sale and <br />of the sale, Including the paymerlt of <br />l'RUS1"EE'S fees ~ctually incurred. which <br />TRUSTEE'S fees shall not in the aggregate <br />t~'xcped the foll..:)w ing amoun ts based upon the <br />amount secured Ilereby dnd r'emaln.ing unpaid: <br />'.-j per L"entum on tne first $1,000.00 thereof, <br />.:) per ~_"entum on the t)alance t.hereof; and <br />then to the items in subparagraph (3) in <br />the order there slated, <br /> <br />( :') <br /> <br />l\fter paying the ttems speCifIed ',i.n subpara- <br />graph (2) if the sale lS by l'RUSTEE. or the <br />proper court and other costs of foreclosure <br />and sale if sa.le ,15 pursuant. to judiCial <br />foreclosure, the proceeds of sale shall be <br />applied in the order stated to the payment <br />of: <br /> <br />tal Cost of any evidence of title procured <br />ill cormectlon :4ith such sale and of <br />dny tax on the conveyance; <br /> <br />(bl All sums then secured hereby; <br /> <br />IC) The remaInder. If any, to the per'son <br />or persons legally entitled thereto. <br /> <br />D. Upon the occurrence of any default hereunder, <br />BENEFICIARY shall have the option to fOt'ec10se <br />this Trust Deed In the manner prOVided by law <br />for the fOt'eclosure of mortgages On rc~al property. <br /> <br />E. BENEFICIARY may from time to time substitute a <br />SUCCessor or successors to any TRUSTEE named hereIn <br /> <br />,~ <br /> <br />
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