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<br /> ' need conveying said propertiy so sold, bux without any -
<br /> ' covenant or warranty, express or i.anplied. The recitals =.
<br /> in the Deed of any matters ox fact� shall be conclueive
<br /> ' proof of the truthfulneas thereof. Any person, includinq
<br /> � BENEFICIARXo may puxchase at the sale. TRUSTORS horeby
<br /> � covenant t� warrant and defend the title of the above
<br /> � property to pur.chaser at sale. „
<br /> � D. when the TRUSTEE sells the trust property pursuant to the
<br /> powers granted herein, the TRUSTEE shall apply the proceeds
<br /> from the sale of such property in the following order of '�, `�
<br /> I priority: •_- �- �
<br /> �-�-
<br /> (1) To the coat and expense of exercis ing the power of sale -.• -
<br /> and of the sale, including attorney fees, e�ridencs a.f °:
<br /> .. i title and other sale expenses, and a trustee�s fee not to '`-_
<br /> ' � � exceed one percen� (1�) of the grose �ale price; , _
<br /> � : �' (2) To the payment of the obligation secured by this Aeed of
<br /> `� Trust;
<br /> � � (3) To the payment of junior Trust Deeds, mortgages, or other �-
<br /> � lienholders; '-
<br /> � (4) The balance, if any, to the person or persons legally �'�
<br /> � entitled thereto.
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<br /> • „ � E. Upon the dccurrence of any default hereunder, BENEFICIARY
<br />:;: .- suall unvea� ia ad33t3an ta such �thpr ��ti c�ns as may be -
<br />_ granted herein, the further option �o forsclo�e this Deed of — -
<br /> Trust in the inanner pr�vided by law for fore�losures of �
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<br /> mortgages on real property.
<br /> s:��•. ._ _.. F. BENEFICIARY may from time to time substitute a succeasor or
<br />��:���+•'• ` � successors to any TRUSTEE named herein or actinq hereunder. -�
<br /> y ' � ��� � Upon s�.ch appointment, and without conveyance to the successor r
<br /> _-�`°T : - .� owers,
<br /> ��;,......:., � TRUSTEE, the latter shall be vasted with all title, p ��;
<br /> `'��-��•••���� and duties conferred upon any TRUSTEE herein named or acting ..
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<br /> -` s'-�'~'� hereunder. Each such appointment and substitution shall be
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<br />���" ��';!�;� made by written instrwnent and executed by BENEFICIARY� �"�
<br />=-�•YS��"�:� containing reference to this Deed of Trust and its place of
<br />° -�°�'"•���� record, which, when recorded in the offico of the Register ot
<br />__- �.�'"''�� needs of the county or counties in which said property is
<br /> _---�''�� situated, shall be conclusive proof of proper appointment o¢ _
<br /> -Y�`,��;� the successor TRUSTEE. The foregoing power of eubstitution
<br /> _�� and the procedure therefor shall not be exclusive of the power __ _
<br />____��^.1�;� and procedure provided for by law for. �che substitution of a
<br /> -_-�� :=�. TRIISTEE in the place of the TRU3TEE named herein.
<br /> °'�'"`:�• G. TRUSTOR3 covenant and agree that upon any attempted _
<br /> �""'��°-:.��� = conveyance, assignment, pledge or transfer of any of his _
<br /> °�-`�"":�r:��' interest in the premises during the term of the loan secured __
<br />-- ����f ' hereby, the BENEFICIARY shall have the optlon of declaring the
<br /> --= � ',;;�;.;:_ , unpaid balance immediately due and payable, and if said sum
<br /> � remains unpaid for fi£teen (15) days �hereafter, BENEFICIARY
<br /> � � ��'�`� can cause Notice of Default to be given and the premises be = ----
<br /> . . . � �• sold as provided herein. _- ----
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<br /> � �,t' H. As additional and collateral 3ecurity for the loan, and �`.;�-------_ ��'
<br /> x effective forthwith upon filing of a Notice of Aefault, thie `��`� . ��
<br /> - �� instrument shall serve as an assiqnment by the TRU3TORS to the ''�`�:�;:�`' '� +�.���
<br /> _ �n ..:� ..
<br /> , TRU3TEE, of all rents and revenues resulting from the ;;, .;�:.
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<br /> ��--.�:.--.--'---=°- . ..a .............,a. s.� _.....1.....;.,ea F., �-nYn nncctlG`ainn nf the
<br /> .._ -.. � -.--- propez-�y� euiu litYOtL� �0 4MrilLL.���� ..., _...- r---------- -- -- �c:�»•_
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<br /> • . � � ' property, rent or leaQe the s$me on terms he cieems best and to f '-'�,�;°.;:.. ...�
<br /> ' collect the rents and revenues and apply the same upan unpaid `'.`°`°'`'"°
<br />-- . interest, principal, taxes or insurance premiums or for - "
<br /> " �� maintenance and preservdtion of the pr�mises.
<br /> � I. The waiver by TRUSTEE or BENEFICIARY of any default of . , ' : ,.
<br /> TRUSTORS undex �this Deed of Trust, on one occasion, shall not �
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