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<br />13. Future Advances. Upon request of Trustor, Beneficiary, <br />at Beneficiary's option, prior to reconc*eyance of the Property <br />to the Trustor, may make future advances to the Trustor. Such <br />future advances, with interest thereon, shall be secured by <br />this Trust Deed when evidenced by promissory notes stating <br />that said notes are secured hereby; provided that at no time <br />shall the secured principal, future advances, not including <br />sums advanced to protect the security, exceed one hundred per- <br />cent {1fl0%) of the original principal amounts secured hereby. <br />14. Remedies Cumulative. All remedies provided in this Trust <br />Deed are distinct and cumulative to any other right or remedy <br />wader this Trust Deed or afforded by law or equity, and may be <br />exercised concurrently, independently or successively. <br />15. Acceleration; Remedies; Sale. Upon default by Trustor in <br />the payment of any indebtedness secured hereby or in the per- <br />formance of any agreement hereunder, Beneficiary may declare <br />ail sums secured hereby immediately due and payable by delivery <br />Lo Trustee of written declaration of default. The Trustee <br />shall have the power of sale of th<~ Property and if Benefi- <br />ciary desires the Property to be sold, it shall deposit with <br />Trustee this Trust Deed and all promissory notes and documents <br />evidencing expenditures secured hereby, and shall deliver to <br />T~`ustee a written n~rtice bi default and eleetion td cause the <br />Property to be sold, and the Trustee in turn shall prepare a <br />similar Notice in the farm required by law, which shall be <br />duly filed for record by Trustee. <br />{a) After the lapse of such time as may be required by <br />law following the record~tian of said notice of <br />default, and natice of default and notice of sale <br />having been given as required by law, Trustee, with- <br />out demand an Trustor, shall sell the :roperty on <br />the dace and at the time and place designated ir, <br />said notice of sale, ai public auction to Lhe high- <br />est bidder, the purchase price payable in lawful <br />money of the United States at the time of sale. The <br />person conducting Lhe sale may, for any cause he <br />deems expedient, postpone the sale from time to time <br />until it shall be completed and, in every such case, <br />notice of postponement shall he given by public <br />declaration thereof by such person at the time and <br />place last appointed for Lhe sale; provided, if the <br />safe is postponed for longer than {1) day beyond <br />Lhe day designated in the natice of sale, notice <br />thereof shall be given in the same manner as the <br />original. notice of sale. Trustee shal3 execute and <br />deliver to the purchaser his Deed conveying the <br />Property sold, but without any covenant or warranty, <br />express, or implied. The recitals in the Deed of <br />any matters or. facts shall be conclusive proof of <br />the truthfulness thereof. Any person, including <br />$eneficiary, may purchase at the sale. <br />{b) Vhea Trustee sells pursuant to the powers herein. <br />Lhe Trustee shall apply the proceeds of the sale to <br />payment of the costs and expenses of exercising the <br />power of sale and of the sale, including the payment <br />of the Trustee's Fees actually incurred, and then to <br />the items in subparagraph (c} in the order there <br />stated.. <br />{c3 ..lfter paying the items specified in subparagraph (b} <br />if the sale is by Trustee, or the proper court. and <br />ot#fer costs of foreclosure and sale if the sale is <br />pursuant to judiciai foreclosure, the proceeds of <br />sale shah be applied in the order stated to the <br />payment of: <br />{i) Gost of any evidence of title procured <br />in connection with such sale and of any <br />revenue stamps; <br />-S- <br />