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<br /> 12. Forecloaure b Power of Sale. Should Eeneficiary elect !_ • -
<br /> � � � to foreclose y exero ee o t o powar of sale herein aontained, a-�=¢_��-____. _�_
<br /> � . • Beneficiary shall natify Truetee and shall depoait with Trustee �_�_,- - -
<br /> this Deed of Truet and the note and such receipts and evidence of �=-;��=�
<br />• . expenditures mada and secured hereby as Truatee may require, and �•�-v--�
<br /> ��*`T=r-
<br /> � � �'' npon requeot of the Beneficiary, the Trustee shall file for .�_.,____.
<br /> " record, in the Register of Deede off ice in the County where the ��
<br /> � ��;.:��
<br /> property is located, a notice of default, setting forth the nam�
<br /> of the Trustor, the Hook and Page or pooument NA. of this Aeed of �
<br /> . Trust as recorded in said Regiater of Aeeds office, the legal �_-_
<br /> �, description of the above-described real estate and that a breach �_,-_____
<br /> of an obliqation, for which said real estate was conveyed as �----
<br /> , �� security, has occurred, and setti.nq forth the nature af such -:��
<br /> breach and the Trustee's election to sel l the real estate to �"��:. •-�-
<br /> satfsfy the obligationj and after the lapse of not 1QSS than one ; � _ .,-�__
<br /> (1) month, the Trustee shall give written notice of the tirae and ; �� =.
<br /> place of sale which may be between 9:00 a.m. and 5 p.m. at the ���'�� `�
<br /> premises, or at the Courthouse in the County wherein such property � . ,,�: �
<br /> ie located, describing the property to be sold by its legal ��-,�;.°'_-�_-�_
<br /> deacription, said notice to be pnbZished in a newspaper of : �� -i:�:_
<br /> �.:
<br /> � ., general airculation in the County wherein such property is � +--
<br /> l�cate3, once a week far five (5) consecutive weeka, the last _- __
<br /> '. publication to be at least ten ( 10) days, but not mose than '
<br /> thirty (30) days, prior to the sale= and the Trustee shall thc�n ,:�g;,i�.,
<br /> sell said property at the time and place designated in the �',: :���,:..f.,�_-__ -
<br /> -` notice, in the manner proviaac2 by law 3n effsct at the tim� of 5" : 4-_;�-��
<br /> ' filing safd notice, at public auction to the highest bidder for _
<br /> , cash and shall deliver to such purchaser a deed ta the property R „ �
<br /> sold, consistent with the law in effect at the timd. _
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<br /> � Upon receipt of payment of the price bid, Trustee shall � .
<br /> � � deliver to the purchaser, Trustee's deed conveying the property �
<br /> sold. Recitals in the Trustee's deed shall be prima facie evi-
<br /> dence of the truth of the statements made therein. Trustee ahall .
<br /> apply the proceeds of the sale in the following order: (a) to
<br /> all reasonable costs and expenses of the sale, including but not . _
<br /> limited to, Trustee's fees� of not more than 1 ,5$ of the gross =
<br /> sale price. reasonable attorney fees and costs of title evidencej
<br /> (b) to all sums secured by this A�ed of Trusti and (c) the �
<br /> � '•3 excess, if any, to the person or persons legally entitled thereto. � • �.
<br /> , Any person, includfng Beneficiary, may purchass said property at
<br /> said sale.
<br /> � The person conducting the sale may, for any cause he or she ,
<br /> deems expedient, postpone the sale from time to time until it
<br /> . � shall be completed and, i.n every suah case, natice of postpone-
<br /> , ment shall be given by public declaration thereof by such person
<br /> "; � at the time and place last appointed for the sale= provided, if
<br /> + the sale is postponed for longer than one (1) day beyond the date
<br /> � designated in the notice of sale , notice thereof shall be qiven
<br /> , i in the same m�nner as the oriqinal notice of sale.
<br /> � 13. Remedies Not Exclusive. Trustee and Beneficiary, and
<br /> each of them, s all be entitled to ci�force payment and performance
<br /> I of any indebtedness or obligation secured hereby and to exercise
<br /> all rights and powers uiider this Deed of Trust or under any losn
<br /> Iinstrument or other agreement c�r any laws now or hereafter
<br /> � enforced, notwithstanding souir. or all of the indebtedness and
<br /> � obligatfons sE.cured hereby which m;�y »ow or hereafter be other-
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<br /> � W123e �CC:IiLCUI �ruc�aaci ur .u....�7»7..� -_--. " __ . • _
<br /> assignment or otherwise. NeiL•her the acceptance of this Deed of
<br /> Trust nor its enforcement, wh�ather by court action ur pursuant to
<br /> the power of sale or uther powers herein contained, shall preju-
<br /> �, dice or in any manner affect Trustee'S or Bc�n�ficiary's right to
<br /> realize upon or enforce any other security now or her��after held
<br /> by Trustee ur Heneficiary, it being agreed that Trustec: a�id
<br /> Ben�ficiary, and each of them, shall be entitled to c:i�Yorce this
<br /> i Deed nf Trust and any other security now or hureaft�r hE�ld by the
<br /> Beneficiary or Trustee in such order and maitner .�s they, or
<br /> either of them, may in thc:ir absnlute discretion detc�rmine. No
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