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<br />r <br /> <br />83-' <br />OCiS40u <br /> <br />of sale, notice thereof shall be given in the <br />same manner as the original notice of sale. <br />Trustee shall execute and deliver to the <br />purchaser its Deed conveying said property so <br />sold, but without any covenant or warranty, <br />express or implied. The recitals in the Deed <br />of any matters or facts shall be conclusive <br />proof of the truthfulness thereof. Any <br />person, including Beneficiary, may purchase <br />at the sale. <br /> <br /> <br />(2) When Trustee sells pursuant to the powers <br />herein, Trustee shall apply the proceeds of <br />the sale to payment of the costs and expenses <br />of exercising the power of sale and of the <br />cale, including the payment of Trustee's fees <br />actually incurred, which Trustee's fees shall <br />not in the aggregate exceed the following <br />amounts based upon the amount secured hereby <br />and remaining unpaid: one (1) per centum on <br />the firs t $ 25,000 thereof, .025 per <br />centum on the balance thereof; and then to <br />the items in subparagraph (3) in the order <br />there stated. <br /> <br />(3) After paying the items specified in subparagraph <br />(2) if the sale is by Trustee, or the proper <br />court and other costs of foreclosure and sale <br />if sale is pursuant to judicial foreclosure, <br />the proceeds of sale shall be applied in the <br />order stated to the payment of: <br /> <br />(a) <br /> <br />Cost of any evidence of title procured <br />in connection with such sale and of any <br />tax on the conveyance; <br /> <br />(b) All sums then secured hereby; <br /> <br />(c) All expenses of upkeep, maintenance, and <br />utilities incurred in connection with <br />such sale; <br /> <br />(d) The remainder, if any, to the person or <br />persons legally entitled thereto. <br /> <br />D. Cpon the occurrence of any default hereunder, <br />Beneficiary shall have the option to foreclose <br />this Trust Deed in the manner provided by law for <br />the foreclosure of mortgages on real property. <br /> <br />E. Beneficiary may from time to time substitute a <br />successor or successors to any Trustee named <br />herein or acting hereunder. Upon such appointment, <br />and without conveyance to the successor Trustee, <br />the latter shall be vested with all title, powers, <br />and duties conferred upon any Trustee herein named <br />or acting hereunder. Each such appointment and <br />substitution shall be made bv written instrument <br />and executed by Beneficiary,' containing reference <br />to this Trust Deed and its place of record, which, <br />when recorded in the office of the Register of <br />Deeds of the county or counties in which said <br />property is situated, shall be conclusive proof of <br />proper appoinement of the successor Trustee. The <br />foregoing power of substitution and the procedure <br />shall noe be exclusive of the power and procedure <br />provided for by law for the substitution of a <br />Trustee in the place of the Trustee named herein. <br /> <br />- j - <br />