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<br />$D== (3f~ a~~4 <br />conclusive proof of the truthfulness thereof. <br />Any person, including Beneficiary, may pur- <br />chase at the sale. <br />f2) When Trustee sells pursuant to the powers <br />herein, Trustee sha13 apply the proceeds of <br />the sale to payment of the costs and expenses <br />o€ exercising the power of sale and of the <br />sale, including the payment 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: one half of one per <br />centum on the first 525,000.00 thereo€, one <br />per centum on the balance thereof; and then <br />to the items in subparagraph t3) in the order <br />there stated. <br />(3) After paying the items specified in subpara- <br />graph (2) if the sale is by Trustee, or the <br />proper court and other costs of foreclosure <br />and sale if sale is pursue^t to judicial <br />foreclosure, the proceeds of sale shall be <br />apglied in the order stated to the payment <br />of <br />(a) Cost of any evidence of title procured <br />in connection with such sale and of any <br />tax on the conveyance; <br />(b) All sums then secured hereby; <br />(c) ~l.i expenses of upkeep, maintenance, and <br />utilities incurred i.n connection with <br />such sale; <br />(d) The remainder, if any, to the person ar <br />pets=3^S legally _ntitl:d th~r2`O. <br />D. i7p~,n the occurrence of any default hereunder, <br />Bane€iciary shall have the option to foreclose <br />this Trust Deed in the manner provided by law for <br />the Foreclosure of mortgages on real property, <br />S, Beneficiary may from time to time substitute a <br />successor or successors to any Trustee named <br />herein or acting hereunder. tipon such aggoint- <br />sAent, and without conveyance to the successor <br />Trustee, the latter shall be vested with all <br />title, powers, and duties conferred upon any <br />Trustee Y:erain named or acting hereunder. F.ach <br />such appointment and substituti.or. shall be made by <br />written instrument and executed by Beneficiary, <br />captaining reference to this Trust Deed and its <br />glace of record, which, when recorded in the <br />office of the Register of Deeds of the county or <br />counties in which said property is situated, shall <br />be c€~nclusivQ proof of proper appuintnent cif the <br />suceessar Trustee, The foregoing power of substi- <br />tutian and the procedure shall not be exclusive of <br />the power and procedure provided for by law for <br />the substitution of a Trustee in the place of the <br />Truster named herein. <br />_. T-rustor covenants and agrees that ugon any convey- <br />ance, assignment or transfer of his interest in <br />the preasi.ses during the *..erm of the loan secured <br />hereby, the Beneficiary shall have the option of <br />declaring the unpaid balance immediately due and <br />payable, and if said sum remains unpaid for thirty <br />- 3 - <br />