Laserfiche WebLink
�-.� _ __ _ <br /> - - <br /> �....� .: -- -- �_- . . . -- <br /> - - -- -_ ----= - _��-_ - <br /> �_ ; -.- - - ---� - �.��-»�--- ._ - ...s.� _ - <br /> ,__� _ Y+k'��c�7.�.t_ ' r__ '— _ '_._�_�_—_ ''_'._—_ _ _—_ — <br /> . ' <br /> 5�� �� ' ' :� <br /> is pa at�nari for l�tiyQr th�� ay�Q (i) day b�yond tho d�y <br /> dasiqnAtod in tho NotiCa of �alo, natico theraof ahall ha <br /> qiv�n in the e�ae menner as th� origina2 Notica of �el�. <br /> le2"J�3�EE shnil execuice and dnliver ico tho purcnas�er nie <br /> noo�i con�veyf ng c�$d propor�X �o cold, but without any <br /> cov�anant or wananty� axpraaa or impiiod. The rQC�tals <br /> xn tha DQQd of any �aett�s�a or facte shall be conclusive <br /> pr�o� o� the tru�hfulness th�r�of. I►n}� person, fncludin�g <br /> BENEFICII►RY, may purchaso a�t tha sale. TRUSTVR hereby <br /> covonants to �r�rrant aad defand the title of the above <br /> property to purchaser at sale. <br /> D. when tha TRUSTEE sells the trust property purauant to the <br /> power� granted here3n, the TRUSTEE eh�2]. apply the prnceeds <br /> from tho sale of such property in the followinq ordor of <br /> priority: <br /> (1) To the coat snd �pense of Qsercisf.aq the powQr of sale <br /> and of the sale, including attorney fees, evidence of <br /> titlo and other salQ ezpenses, and a trustee�s fea not to <br /> exceed four percent (4i) of the gross sale price; <br /> (2) To the paytaent of tbe obliqation secured by this Deed of <br /> Trust and Trust IIeed Note; <br /> (3) To the payment of junior Truat Deeds, mortgaqes, or other <br /> lienholders; <br /> (4) The balance, if any, to the person or persons leqally <br /> � Qatitled thereto. <br /> E. Upon the accurrence of any default hereunder, BENEFICI7�RY <br /> shall have, in addition to sucb other options as may be <br /> qranted herein, the further optian to foreclose this Deed of <br /> Trust in the ma�nner provided by law �or foreclosures af <br /> aortgaqes on real property. <br /> F. H�tEP'ICI]1RY aay from time to time substi�ute a sucaessar or <br /> successore to any TRUSTEE naa�ed herein or actinq hereunder. <br /> Upon sucb appointmen�, and without conveyance to the successor <br /> . TRUSTBE, the latter shall be vested wit� all title, powers, <br /> aad duties coaferred upon any TRIISTBE herein named or acti�q <br />- hereunder. Each .such appointaaeme and subatitution shall be <br /> - �ade by written instrumeat ana executed by BENEFICIARY, <br />_ containfng reference ta this Deerl of Trust and its place of <br />_ � . record, wbfch, when recorded in the office of the Register of <br />- Ifeeds o# the cauaty or counties in which said praperty is <br />� situatQd, shnll be conclusive proof of proper appointment of <br />= the successor TRUSTEE. The foregoinq power of substitution <br />- and the procedure therefor shall not he escalusive of thQ power <br /> '� and procedure provided fwr by law for �e aubstitution of a <br /> ;, . TRIISTEE in the glace of the TRQSTEE named herein. <br /> rc <br /> � G. TRIISTOR covenants and aqrees that upon any attempted ; <br /> � conveyaace, assignment, pledqe or traasfex of any• of his -. <br /> � fnt�r�at in the premises durinq the terni of the loan seccr�ed <br /> herelny, �he BENEFICI�RY shall ha�e the option of declaring the <br /> F unpaid balance immediately dukr $.ud payable, aad ff said sum . <br />`' re�aains unpaid for fifteen (15) c�ays thereafter, BENEFICIARY . <br /> : can cauc�e Notice of DQfanit to be givea aad the premises be <br /> - - sold � grovided herein. _ <br />,� H. As additional end collateral security for the loan, and <br /> effective farthwith upon filiaq of a Notice of Default, this <br /> � instrwwnt shall ser�re as aa assignment by the TRVSTOR to the <br /> : TRIISTEE, of all rent� end revenues resulting from the <br /> property, and TRUSTEE is authorized to take possession of the � - <br /> pro�erty, rent or lease the same on terms he deQms best and to <br /> collec� the rents and revenues and apply the same upon uapaid <br /> interest, principal, tasces or insurance premi.ums or for <br /> mnintenance aad preservatioa of the premises. <br />