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<br /> � �hn su�s ssaured by tnis D�ed ot Truat to be f.mmediate�.y due and �-
<br /> payabie, or oausa tha Trust�� to lil� a notiae of detault. -r-�,�•x�����._
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<br /> r� 12. �cae�arat�on u�oon Da ay�tf Ramediess Sale. Upon �x��y},��i>��I•� �
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<br /> datault by Tru�tor in the payment o! or pertarmanca of the termg ;�: � - _
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<br /> and aondi.tions o! the Note, or any renswals, moditiaations or .",r����,_=-�__
<br /> � extensions thereoP, or the payment o! any other irtdebtedness � �_,�-:--,-___.__.---_
<br /> secursd h4reby or in the pertormance ot any o! the aovennnta or 'r�:�--
<br /> aqreenents �ereunder, or the provisions of the Agreement between �.��::<-
<br /> Truetor a�nd Senefiaiary whiah qave riae to thia Deed o� Trust, . .:�,.;;�-
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<br /> Benetiaiary may dealare all aume seaurQd hereby imraediately due �_.
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<br /> And payable and the same shall thareupQn beaome du� and paynble , : _,�11-
<br /> without presentment, demand, protest or notiae of any kind. : ,�,..
<br /> Therealt�r, Beneliaiary may deliver to Trustee a written �:��;�;,_
<br /> dealaration of detault and demand !or sale. TRUSTEE SHALL HAVE __'�:-_'
<br /> , THE POWER OF SJ►LE OF THE PROPERTY and if Beneticiary decidea the ,}.��
<br /> Property is to be soid it shail deposit with Trustee this Deed of ,�:�:
<br /> � Trust and the Note or notes and any other docwnents evidenaing ,��_
<br /> ; expenditures seaured hereby, and shall deliver to Trustee a ._�.
<br /> written notice of default and election tn cause the Froperty to ;�.�
<br /> ��• be sold, and Truatee, in turn, ahnll prepare a aimilar notice in j ` '�-
<br /> � the form r�quired by law which shAll be duly filed Eor record by t :��.
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<br /> e� � ,. v ha required bY ��
<br /> �ay AsLa� �h� lapss af �uch time �e m�, _
<br /> law following the recor da t ion o f No t iae o f D e f a u l t, a n d N o t i c e of _ -
<br /> Default and Notice of Sale hav3nq been qiven as roquired by law, � =_
<br /> Trustee, without demand on Trustor, shall sell the Property in �• ;� F;�
<br /> one or more parcels and in suah order as Trustee may determi�ne on RM
<br /> the date and at the time and place desiqnated in said Notice of ��,�-
<br /> Sale, at publia auction to the highest bidder, the purahase price �.
<br /> payable in�cash in lawful money ot the United States at the time ; !
<br /> � of sale. T�e person conducting the sale may, for any caus� he dr -�•, � _
<br /> ahe deems axpedient, postpone the sale from time to time until it �°�-
<br /> shall be completed and, in every such case, notice of
<br /> poetponement shall be given by public declaration thereof by such
<br /> per�on at the time and plaae last appointed for the salet
<br /> provided, if the sale is pogtponed for longer than one (1� day
<br /> beyond the day designated in the Notice of Sale, notice theraof _
<br /> shnll be qiven in the same manner as the original Notice of Sale. _
<br /> Trustee shall execute and deliver to the purchaser its Deed
<br /> aonveyinq the Property so �old, subiect to the lien oP any deed -_3_ __
<br /> I oi truat which has priority over this Deed of Trust as - _
<br /> 1 specitically provided herei.n, but without any covenant or �� __-
<br /> warranty, expre�s, or implied. The recitals in the Deed of any �f..
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<br /> matiters or fr►c�s s ha l l 3�e co n c l u s i v e p r o o f o f t h e t r u t h f u l ness �� � ;..;
<br /> thereof. Any person, including, without limitation, Beneficiary ��
<br /> j or Trustee, may purchase at the sale. `�•�± ,,.�,�`~_
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<br /> � (b) When Trustee sells pursuant to the powers herein, .;t�i4•-�� . ^
<br /> i Trustee shall apply the proceeds af the sale to payment of the �� °'�s:,.•.�"��
<br /> ' costs ana expenses of exercising the power of sale and a� the
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