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80006806
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Last modified
1/14/2010 3:32:37 AM
Creation date
1/14/2010 3:32:19 AM
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DEEDS
Inst Number
80006806
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8C?~ t~€iS~~6 <br />conclusive proof of the truth€ul.uess thereof. <br />Any person. including Beneficiary, may pur- <br />chase at the sale. <br />{2} pi}sen Trustee sells pursuant to the powers <br />herein, Trustee shall apgly the proceeds of <br />the sale to payment of the costs and expenses <br />of 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 fallowing <br />amounts based upon the amount secured hereby <br />and remaining unpaid: one half of one per <br />centum on the first $25,QQQ.QO thereof, one <br />per centiaa on the balance thereof; and then <br />to the items 'in subparagraph {3} in the order <br />t4-,eze stated. <br />t3) After Baying *_he items specified in subpara- <br />graph {21 if the 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 ttre payment <br />of <br />{a} Cost oP any evidence of title procured <br />in connection with such sale and of env <br />tax on the conveyance: <br />tb) All sums then secured hereby; <br />?C X11 ~xp~n.,..-. of :7 ~?k?an ma i,~srpnanCP, and <br />..~.lities incurred in connection with <br />such sales: <br />rd} The rema,rnder, if any, to the ~rsnr. ^:r <br />~roG n3 ley°aily cntiti.cxi LhcPec~, <br />A. Capon the occurrence cif :s'°-y default hereunder, <br />Bene*iciary shall have the opticr, fcreclase <br />this Trust Deed in *_he manner provided by law for <br />the foreclosure of c~artgages or: real proper*_~~. <br />F.. Beneficiary .nay from time to time substitute a <br />successor or successors to any Trustee named <br />herein or actina hereunder. upon such appoint- <br />ment, and without conveyance *_c the successor <br />Trustee, the latter shall he vested with all <br />title, powers, and duties conferred upon any <br />Trustee herein cawed or acting hereunder. Each <br />such appo~rtment and substitution shall be made by <br />written instrument and executed by Beneficiary, <br />containing reference te, this Trust Deed and its <br />place 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 />`~ ~~23~13Qi :`~ t=r7e-if :7f proper a~i~-a 3nt~nt ~7t the <br />successor Trustee. "he foregoing Hower of subsr_i- <br />tution and the procedure shall not be exclusive cf <br />t'te power and procedure provided for by law fer <br />the substitution of a Trustee in the place of the <br />Trustee named herein. <br />f'. Tzustor covenassts and agrees that upon am,• r_onvey- <br />ance, assigna~nt or transfer of his interest in <br />the prdnises durin4_ the term cf the loan secured <br />hereby, the Beneficiary shall have the optir~n c€ <br />3.eclsring the unpaid balance immediate4iy due ~xnd <br />p+-Y1e. aa+d if said sum remains unpaid for thirty <br />
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