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81003111
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Last modified
1/14/2010 3:19:28 PM
Creation date
1/14/2010 3:19:22 PM
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DEEDS
Inst Number
81003111
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r- <br />X31--- v t, 3 ?. ~ 1 <br />proceeds of said sale the Trustee shall retain and pay first all <br />fees, charges, and costs of the sale and all moneys advanced in <br />the exercise of the poser of sale including the payment of the <br />Trustee's fees actually incurred, and pay second the obligation <br />secured by trie Trust Heed, and the balance, if any, shall be>paid <br />to the person or Persons Legally entitled thereto. Any person <br />including the Beneficiary may purchase said property at such <br />sale. <br />The Trustor cavenants that at the time of delivery of these <br />pzesents, he is seized of said property in fee simple, and that <br />said property is free of encumbrances, Rxcept encumbrances, <br />easements, rights-of-way, restrictions and reservations of record, <br />and he will keep all buildings insured for fire and extended <br />coverage in an amount ec2ual to the unpaid balance of the aforesaid <br />note with loss payable to the Beneficiary: and wi12 pay a21 taxes <br />and assessments against said property and amounts due an prior <br />encumbrances, and if"they shall fail to pay insurance premiums or <br />taxes an amounts due on prier encu~abrance, the Beneficiary may <br />pay the same and ail ,nmaunts ao ,>ai".I shall beccane additional <br />indebtedness due hereunder; and in case of foreclosure, Truator <br />will pay any reasonable attorney's fee incurred by Beneficiary or <br />Trustee in such foreclosure ~>rocRedings. <br />Bhould the Beneficiary hereunder be made a party to any <br />action affecting this Trur~t Deed, on the title to said property, <br />the Trustor gees that all court costs and a reasonable attorney's <br />g~ pair', by the Beneficiary shall become additional indebtedness <br />due hereunder; and the Trustor does hereby release and waive ail <br />claims to said property as a hosmestead exemption or ether exemption <br />Hoar or hereafter provided by law- <br />It is agreed that in case. of default in payment of~said <br />principal or interest or a breach of any of the covenants herein, <br />then said principal sum hereby secured and interest therean may <br />at the option of the Beneficiary become due and payable at sure, <br />anything in said note to tRe contrary notwithstanding: and posses- <br />alon of said property will- thereupon be delivered to the Bene- <br />lx~iary, a on failure to deliver such porfesession the Beneficiary <br />_~_ <br />
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