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84002366
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84002366
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Last modified
11/20/2008 2:47:24 PM
Creation date
11/20/2008 2:47:24 PM
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DEEDS
Inst Number
84002366
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<br />r <br /> <br /> <br />( 2) <br /> <br />any matters or facts sn.Ube"'c~ <br />the trQthfulneMth.~t.' ^ny~,~. <br />BEN'iFICIARY. IIUlY pwrch.*att~"$ <br /> <br />When TRUSTEE $ell$ ~t"\l.t\1r <br />TRUSTEE shaH awly,t~i, <br />payment of the CO$ts aft. 'ell; <br />the power of' sale and of ttie"'s.l.~ <br />payment of TRUSTEE'S feesa~~i" <br />TRUSTEE 'S f~s shall not in tb~~i," <br />the following amounts based' upcm:,l'f'I: <br />hereby and reftlaln:ing unpati4;:, 5 ~~ <br />thereof; and then to the it'elml insubpa,:r <br />(3) in the order there stated. <br /> <br />After paying the items specified insubpa~.9F.lIJt" . <br />(2) If the sale is by TRUSTEE, or th'l!prcpal:t'*~' <br />and other costs of foreclosure and sale H' sfie:, <br />is pursuant to judicial foteelO$ure, tlUtpr~d$" <br />of sale shall be applied in the order stated to <br />the payment of: <br /> <br />r <br /> <br />(3) <br /> <br />(a.l Cost of anY evidence of title procured in <br />connectton . wuh such sale and of any tax <br />on the conveyance: <br /> <br />; b.l All ,urns then secured hereby; <br /> <br />Ie) The t'emalnder. If any. to the person or <br />persons legally "nUtled thereto. <br /> <br />D, Upon the occurrence of any default hereunder. <br />BENEFiCIARY shall have the option t.o foreciose this Trust <br />Deed In the manner prOVided by la.... for the foreclosure <br />of mortgag..s '>0 rea i property, <br /> <br />E. BENEfiCIARY may from ume to time substitute a successor <br />o~ succ...ssors to any TRUSTEE named herein or acting <br />hereunder, Upon such appointment. and without convey- <br />ance to th... successor TRUSTEE. the latter shall be vested <br />wllh all title. po......rs. and duties conferred upon any <br />TRUSTEE herem named or acting hereunder. Each such <br />appointment ilnd substllullon shall b... made by written <br />Instrument and executed by BENEFICIARY. containing <br />refer'enc" to thiS Trust D...ed dnd ils place of record. <br />which. ....hen recorded tn Ihe office of the Register of <br />Deeds of the county or counties In which said property <br />is situated. shall be conclusive proof of proper appoint- <br />ment of the successor TRUSTEE. The foregoing power <br />of substilutlOn dnd the procedure therefor shall nol be <br />exc!uslv... 01' the po....er and procedure provided for by <br />la.... for the subslilulIon of a TRUSTEE In the place of <br />Ihe TRUSTEE named herem. <br /> <br /> <br />f. TRUSrGRS ~0\1't:"nan{ and agree that upon any conveyance, <br />assignment or transfer of hiS tnt...rest In th... premises <br />dunng the t.nm of the loan secured hereby. the BENE- <br />FiCIARY shail have the option of declanng the unpaid <br />balance Immedlalely due and payable, and if said sum <br />remains unpaid 1'01' Of teen days thereafter. BENEfiCIARY <br />ca.n ca.use Nolice of Default to bt! given and the premises <br />be sv;d as prov Ided nereln. <br /> <br />G. As addItional and collaleral security for the loan and <br />effective forthWith upon filing of " NOllc,~ of Default. <br /> <br />- 4 - <br />
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