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80006803
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Last modified
1/14/2010 3:31:55 AM
Creation date
1/14/2010 3:31:41 AM
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DEEDS
Inst Number
80006803
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r- <br />~~= t~t~)fi8fl3 <br />conclusive proo€ of the truthfulness thereof. <br />~y person, including Beneficiary, ~]+ pur- <br />chase at the safe. <br />t2) wtxen Trustee sells pursuant to the powers <br />herein, trustee shall apply tlve proceeds of <br />the sale to payment of the costs and expenses <br />of esercisiag the power of sale ax~i of the <br />sale, inching the paym~xxt 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: sae half of one per <br />eesatum an the first $25,000.00 thereof, one <br />pee centum on the balance thereof; and then <br />to the items in subparagraph {3) in the order <br />there stated. <br />13) After payinq the item's SpeClfled in suhpara- <br />graph {2) if thL sale is by Trustee, or the <br />proper court and other costs of foreclosure <br />and sale if sale is pursuant to judicial <br />foreclosure, the proceeds of sale shall be <br />applied in the order stated to the payment <br />of : <br />{a) Cast of any evidence of title procured <br />in connection with such sale and of any <br />tau on the conveyance; <br />(b) All saxes then secured hereby; <br />{c) ,All expenses a€ upkeep, maintenance, ansi <br />utilities incurred in connection with <br />such Sale; <br />{~) "-C'11e Z'exStain4!?r,, lI anyr A_O the pCr3an Or <br />persons 2eaally entitled thereto, <br />0. up's: l;e ecc~:rrc^_ ce .,: ~,ny :efault ,. ..ndez <br />=efc=..- - slxall have the apticn ~ ~vzeciose <br />this Trust3Deed in the manner provided by law for <br />the foreclosure of mortga,es an real property. <br />E. Beneficiary may from time to time substitute a <br />suce®ssaz or successors to any Trustee named <br />herein or acting hereunder. Upon such appoint- <br />ment, and without conveyance to the successor <br />Trustee, the .latter shall be vested with all <br />title, powers, and duties con€ezred upon any <br />tr+iet€~ herein nax~d cr ac±ing here~~.der. Each <br />such appointxaent and substitution shall be made by <br />written instrument and executed by Beneficiary, <br />captaining reference to this Trust Geed and its <br />place of record, which, when recorded in the <br />o€fice o€ the liegister of Deeds of the county oz <br />counties in which said property is situated, shall <br />lee coxrclusiv+~ groo€ of proper appointment of the <br />successor Trustee, The foregoing power Qf substi- <br />tutian and the procedure shall noL be exclusive of <br />the power and gracedure provided for by law far <br />the substitution of a Trustee in the place of the <br />Trustee named herein. <br />r. ~~ustaz- covenants ana agrees that upon any convey- <br />ance. asaigxxxaent or trans€er of his interest in <br />the prises during the term of the loan secured <br />hereby, the Beneficiary -'>ali have the option of <br />declaring th$ unpaid talance im~sdiately due and <br />payable, esnd if said sum zeeaains unpaid for thirty <br />
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