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81003317
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Last modified
1/14/2010 4:11:16 PM
Creation date
1/14/2010 4:11:00 PM
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DEEDS
Inst Number
81003317
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f <br />.-..,,; <br />$1--t1033I7 <br />highest bidder,-the purchase price payable in <br />laxful money of the United States at t?~e dine <br />tsf salve. Tlie person. c:onductin3 the sale ter, <br />for any cause he-deems expedient, postpone <br />the sale-frown tune-to time until it shall be <br />completed-and, in every such case, notice of <br />postponement shall be given by public declara- <br />tian thereof by-such person at the time-and <br />place last appointed for the sale; provided, <br />if the sale is postponed for longer than one <br />(1} day beyond the-day designated in the <br />notice of sale, notice thereof shall be given <br />in the same manner as the original notice of <br />._ sale. Trustee shall execute and deliver to <br />the purchaser its Deed conveying said property <br />so sold, taut r,¢ithout any covenant or warranty, <br />express or implied. The recitals in the Reed <br />o! any matters or facts shall be conclusive <br />proof of the truthfulness thezeof. Any <br />person, including Beneficiary, may purchase <br />at the sale. <br />(2} When Trustee sells pursuant to the powers <br />herein, Trustee shall apply 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 following <br />amounts based upon the amount secured hereby <br />and remaining unpaid: one and one half per <br />centum an the first $1E3,4t30.i70 thereof, one <br />half per centum on the balance thereof: and <br />:.hen to the items in subparagraph c3) in the <br />yorder there stated. iA~sp Attorney Fees incurred by the <br />frnae$oiu$ a ~ntst~ Yim~te.~iahe=e~yshal2 be included in the <br />(3} Ater paying the items specified in subpara- <br />graph (2) if the sale is by Trustee, ar the <br />groper 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 ir: the older 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; Yteaacmat:le Attorney Fees <br />in the €vettt of ferec2QSUre. <br />Cb} All sums tI~n secured hereby; <br />Cc}- All expenses of upkeep, maintenance,- and <br />utilities incurred in connection with <br />such sale, <br />Cd) Thg remainder, if any, to the person or <br />persons legally entitled thereto. <br />D, Upc?xt the occua~rence of any default hereunder, <br />8e€~eficiary 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 />I3enesficiary may from time to time substitute a <br />auccassor ox successors to any Trustee named <br />hazein ox asti:ng hsreurnlez. Upon such appoint- <br />n~ht, aRd withQUt conveyance to the successor <br />'lynsste~e, the latter st~a11 bs vested with all <br />t~:tle, purls, axed duties conferred upon any <br />1'zu8tas therein named ar asking hereunder. Each <br />hrucl~ sg#.ntment substitution sP~.all be made by <br />rtxitten inslrvemank atxi ttacecttted by Beneficiary, <br />l <br />
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