84005068 - Laserfiche WebLink

Browse

conclusive proof of the truth of such facts: and any suCh deed or instrument of conveyance shall be conclusive all persons as to such facts recited therein. 84 - 005068 r (vi) Rights ,2L Purchaser, receipt of the purchase money, contained instrument of conveyance executed as aforesaid, aha-lib$' sufficient to discharge the grantee from all obligations to. see to the proper application of the consideration therefor, as hereinafter provided. (e) Upon any sale or sales made under or by virtue of t.."1is Paragraph, whe1:her made under the power of sale herein granted or under or by virtue of judicial proce~dinglS or of a judgment or decree of foreclosure and sale, Beneficiary may bid for and, In lieu of paYlng cash therefor, may make settlement for the purchase prlce by crediting upon the indebtedness or other sums secured by this Deed the net sales price aft;er deducting therefrom the expenses of sale and the costs of the action and any other sums which Trustee or Beneficiary is authorized to deduct; under this Deed, and, in such event, this Deed of Trust, the Note and the documen~s eVldencing expenditures secured hereby 5h=.11 be pre5ent~d to th~ p~r~on or pereons conducting the sale ln order ~hat the amount so used ,~~ lpplied may be credited upon said indebtedness as ha\'''lng beel'\ '2!...O. (dl Benef:ciary or Trustee, but wi~hout obligatlon so to do and W2 thout not:ce to or derr.and upon Grantor except 3.5 otherwise specifl-call.}/ set forth herein; and w:..thout releasing Grantor from any obllgatlon hereof, may: make or do any payment or act WI1lch GrantoJ:' has failed to make or do hereunder, and to such eXLent as e2~her may deem necessary to protect the security hereof ~ bet.h EenefJ..c:1ary and -Trustee being authorized to enter upon the F'remlses for such purposes; appear in and defend any act~o~ or proceed~ng purportlng to affect the security hereof or the rights cr powers of BeneflC:lary or Trustee; paYJ purchase, co~test or comprorolse any encumbrance. charge and lien which in t.he :ucigment of a~~y e:r:.c:..unbrance either appears to be prior or super~or hereto; a!ld :~ exercls111g any SUCkl powers, pay necessary expenses, employ cO\1.~1sel and pay hlS fee. All such sums and expenses so expended by Beneflclary or Trustee shall be secured by thls Deed and shall be :mmedlat:ely due and payable wlthout demand or notJce, wlth ~nteres~ from the date of expenditure at the maXImum :'ate permItted by appl:cable :aw, (e) In the Event of Default under thlS Deed, there wllJ. be aaaea to and l.ncluded as part. of Grantor's Llabilltles (and allowed :1'1 any decree for sale of the Collateral or in any judgment rendered upon tIn s Deed or the Not.e) the followlng: the reasonable COSts, charges, expenses and attorneys' fees speclfled in Paragraph (f) below; any and all expend: tures which may be pald or lncurred by or on behalf of Beneflclary for appralsers' fees, documen'tary and expert eVldence, stenographers' charges. publicatlon costs, a reasonable commISS2on to Trustee. fees and expenses for examlnatlon of t1 tlel tl tle searches.. guarar...ty policies, Torrens certlflca't.es and SImilar data and assurances with rt!spect: t.o the title to the Collateral; all pl'epayment or like premJ.ums. If any, prov:ded for 1n the Note; and all other fees. costs and expenses WhICh Beneflclary deems necessary to prosecute any remedy It has under th~s Deed or to lnform bladers at any sale WhlCh may be had pur5l~ant to :ts rlghts herellnder. of I '- -IF)- L