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<br /> election to sell such properiy. After the lapse of such time as then may be require y :,, �:v,
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<br /> law following recordation of such notice of default,and norice of sale havingp eern�v'en _ ,�:���..^.
<br /> as then required by law. Trustee,without demand on Trustor,shall sell such ro e :,._i,�g:__�__s�_
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<br /> either as a whole or in separate parcels,and in such order as it or Beneficiary may , ,�_,�_ _ _�_ _
<br /> determine at public aucrion to the highest bidder. Trustee may postpone the sale of all or �t •-
<br /> any portion of such property by publio announcement at the time and place of sale,and ..-
<br /> from rime to time thereafter may postpone the sale by public announcement at the time �..^��• __
<br /> and place fixed by the preceding postponement. Trustee shall deliver to such purchaser �<;,�_.__
<br /> its deed conveying the property so sold,but without any covenant or warranty, express or �i:•��,'
<br /> implied. The recital in such deed of any matters of fact or otherwise shall be conclusive .- ,`„�=
<br /> erson,including Trustor,Trustee or Beneficiary, :� �=�:
<br /> proof of the truthfulness thereof. Any p "'��""`”' `
<br /> � may purchase at such sale. Trustee may also sell at any such sale and as part thereo any
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<br /> shares of corporate stock securing the obligation secured hereby,and Trustor waives :,,4 �,i'.;
<br /> '"�f demand and nonce of such sale. (Beneficiary at its option may also foreclose on such ,',��:_
<br /> "� shares by independent pledge sale,and Trustor waives demand and notice of§uch sale.) .=� ��
<br /> After deducting all costs, fees,and expenses of Trustee and of this Trust,including cost of � �.,�
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<br /> evidence of title in connecrion with suah sa�e,Trustee shall first a 1 the roceeds o i` ,4��
<br /> _- �ale tn pa;m?nt of all sums expended under the terms hersof,not then repaid, with �
<br /> • ' accrued interest at the rate then payable under the note or notes secured hCreby,and thcn ;�
<br /> ' � to ayrnent of all uther sums secured hereby,and if thereafter there be any proceeds �e:__
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<br /> � remaining,distribute them to the person or persons legally entitled thereto. �ti ,�_
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<br /> �; If this Deed of Trust or any note secured heteby pxovides for any charge for �_
<br /> , prepa,yment of any indebtedness secured hereby. Trustor agrees to pay said charge,if a�iy
<br /> ;'� of said indebtedness shall be paid prior to the maturity date thereof stated in said note or ��
<br /> � ;' this Deed af Trust,even if and notwithstanding Trustor shall have defaulted to payment _
<br /> . thereof,or in perform ared all sums�se ured hereb yi rmmediaBtely due and payable. _
<br /> thereof,shall have de
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<br /> � 15. S>>bSrit�tion of Trustee. That Beneficiary may, from time to tirne,by �__:--_.�z.
<br /> � r instrument in writing,substitute a successor or successors to any Trustee named herein or ��_— —
<br /> acting hereunder,which instrument,executed and acknowledged by Beneficiary and --R:.
<br /> `•' � recorded in the office of the register of deeds of the county or counties where such �:�_;___
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<br /> � � property is situated,shall be conclusive proof of proper substiturion of such Trustee or `,Y � �._�
<br /> � Trustees, who shall,without conveyance from the Txustee predecessor,succeed to all its y , .,..` �,.:
<br /> � title, estate,rights,power,and duties. ��,,r.,r�L
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<br /> I 1 G. *T `"°�•�Pr bv Bene�'iciarv. No waiver by Beneficiary of any right under ..�..�• '��::_=::�
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<br /> , this Deed of Trust shall be effective unless in w�iting. Waiver by Beneficiary of any right �
<br /> � granted to Beneficiary under this Deed of Trust or of any provision of this Deed of Trust
<br /> ; as to any transaction or occurrences shall not be deemed a waiver as to any future .
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