80006805 - Laserfiche WebLink

Browse

8tI'-s ~C~ 3£535 Trustor covenants and agrees that a failure to make any paymesnt, either principal or interest on the note secured hereby when due and payable, or a failure to comply with any of the covenants and agreements herein marls sha31 cause the ©la stns of money hereby secured *_o become due and collect- ible at once at the option of the Beneficiary, and Beneficiary shall have the right to cause Notice of Default to be given oral the premises to be sold as provided herein. it is mutually agreed that; A. At any time and from time to time upon written request of Beneficiary, payment of fees and pres- entation of this Trust Deed and the note for endorsement {in case of full reconveyance, for cancellation and retention}, without affecting the liability of any person for the payment of the indebteaness, Trustee may {a) consent to the making of any map or plat of said property; {b) join in granting any easement or creating any restriction thereon; (c) join in any subordination or other agrceanent affecting this Trust Deed or the lien or charge thereof; (d) reconvey, without warranty, all oz any part of said property. B. The Grantee in any reconveyance may be described as "the person nr persons entitled thereto," and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof. - ^~3:;1` w,._. m,-«~Q~.,.- rho r?~vmant cif anv indebtedness secured hereby or in the performance of any agreement hereunder, Beneficiary may de- clare all sums secured hereby istwiediateiy due and payable by delivery to Trustee of written declara- tion of default. if Beneficiary desires said ~~ropertu tca be srasd, it shalt deposit with '^rustee .:o -i r::~~ ail groat S.S i:i Y'y ii(::tac ai,C:i documents eviden~ina exoE?nc~ittdras car,irarl hg?re"t~y~ and shall deliver to 'Trustee a written notice ox default and alection to cause .aid property t.c be sold in the farm required by law, which shalt. be duly tiled for record by Trustee. (1) After tPte lapse of such time as may be re- e;aired by law following the recordation of said notice of default, and notice of default and notice of sale having been given as required by law, Trustee, without demand on Trustor, shall sell said property on the date and at the time and place designated in said :iotice of sale, at publii: auction to the highest bidder, the purchase i,ri_ce payable in lawful money of the tJnit.ed States at the time of sale. The person conducting the sale may, for any cause he deems expedierit, postpone the sale from time to time until it shall be ~.s:eiij-1~t~C.1 aFiii, iii f;V(.'Sy allC Yl ~aS~, Rvti Cf' 6f postponemr:nt shall t5e given by r~ubilc elr~larr:- tian thereof by such person at the time and place last apiiointed far the sale; urovided, if the sale is )>ostponed for longer than or.:e (1) day beyond the day designated in t_he notice of sale. notices thereof s`iali be given in the soma manner as the original notice of sale. Trustee shall execute and deliver. to the purchaser its Deed conveying said t~zo- perty so sold, but without any covenant :~r warranty, <vxpresa or implied. `The recitals i,n the Deed of any matters or zacts shall be.