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<br />withstanding the continuance in possession of
<br />the property or the collection, receiptClnd
<br />application of rents 1 issuesorpr6fi~si
<br />Trustee or Beneficiary. may beenti tle.Q.to
<br />exercise every right providedf6rinanyof
<br />the loan instrUlnentsor bylawtlPO~ 9<;=<::"1r-
<br />rence of any even t of default, including the.
<br />right to cj.:ercise the power of sale,;
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<br />(b)
<br />this Deed
<br />receiver,
<br />covenants
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<br />13. Foreclosure bv Power of Sale, Should
<br />to foreclOSe by exercise of the pc 'r of sale
<br />Beneficiary shall notify Tr~ste~ and shall
<br />this Deed of Trust and the note and such
<br />expenditures made and secured hereby as
<br />upon request of thL Beneficiar~, the
<br />record, ih the Register or Deecls office in
<br />property is located, a notice of default,
<br />of the Trustor, the Book and Page or
<br />Trust as recorded in said Re'?lister of Deeds
<br />deSCl"i"tion of the above-described real estate and
<br />of an obligation, for which said real estate was
<br />security, has occurr""d, and setting forth the
<br />breach and the Trustee's election to sell the. real
<br />satisfy the obligation; and aftor the lapse of not
<br />(1) month, the Trustee shall give written notice of
<br />place of sale whi.ch may be b",tween 9:00a,<". and 5
<br />premises, or at the Courthouse in the County whergin
<br />i.s loca t:ed t describing the property -to be -s'ol:d bY-
<br />dgscription, said notice to be published in a
<br />general circulation in the County wherein
<br />located, once a week for five 15) consecutive
<br />publication to be at least- ten (10) days:, but not,-
<br />thirty (30) days, prior to the sale; and the Trus~ee
<br />sell said property at the time and place
<br />notice" in the manner provided by l~w in
<br />1lllng saId notIce, at publIC auction to the highest bidder
<br />cash and shall. deliver to such pur~haser Cl df:;;ed, .to' the proper;ty
<br />soldo, consistent with the law in effec~ at the ti~e.
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<br />Dpon receipt of payment _r_ the price bi-di Trust?:,e shall
<br />delive-r t,o the purchaser-, 'rrus tee' 5 deed _ convey ing- the property
<br />sold. Recitals in the Tru.steeIs., deed shall be- prinia f?cle",.evi:-
<br />dence of the truth of the statements made therein". Trust~~ shall
<br />apply the proceeds of the sale in tIle following order: (a) to
<br />a11 t:,eason.able costs and expenses of the sale, including but not
<br />limited to, Trustee's fe.es of not more than 3.0,. % of the gross
<br />s?l~ price" reasonable attorney fees and costs of--title evidenc8i
<br />(bJ to all sums secured by this Deed of Trust_; and (c} the
<br />eX.c'ess, if ClOY, to tbe person or persons le9a~ly entitled thereto.
<br />l:.,ny pe,ts?n, including nE~nefic:lary, may ptL,Cchase said property at
<br />said sale,
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<br />,1 ~ ,,' T.~e: ~e,~,!:or~ C(J~"d~~,~'~}",n9 ~.\hc. ~S~i11'~~ ~1~~'.' ~~,:~ ~ d.r~~,Y ~..a.use ,~'~",e __,or .,s:e
<br />~.,t;:-el,nS.,(~xp~d:l,L.nLI P<';'~'''''el,.cI.e, v,1e ~a..,,-e ,rOln ,-,.u,.-e ,-0 ...:tme. u..tl.-l ""'~"
<br />~,hal1 be: cornplct.ed. llnd.; in., eye'r::{ suc.h case, notice of postpone-
<br />'!t'(::.I1.t nha11 be qiV€'D by publ ic declara t.ior1 the:reo f by such pe tsor:
<br />rlt, th('~ .t:ivJC a.):~d pj'ace last nppoin-tec for the ~~.ale; pro\rided, -1"
<br />tJ'le s.alt~ i~:J pas t:pbned fOI~ longer' t'han one {1 j day beyc\rid the d/t te
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