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hereby, and in such order as Beneficiary may determine. The entering upon and taking
<br />possession of said property, the collection of such rents, issues ate r is and the application
<br />thereof as aforesaid, to ll not cure or waive any default or notice f ult hereunder or
<br />invalidate any act done pursuant to such notice.
<br />(6) That upon default TrLIst r in parent of any indebtedness secured hereby
<br />or in performance of any agreement i ereunder, Beneficiary may declare all sums secured hereby
<br />immediately dire and payable by deliver' to Trustee of written declaration of default and demand
<br />for sale and of written notice of default and of election to cause to e sold said property, which
<br />notice Trustee shall cause to he filed for record. Beneficiary also shall deposit with Trustee this
<br />Deed, said rate and all documents evidencing g e pendit Tres secured hereby.
<br />After the lapse of such time as may theta be re Uired by law following the recordation of
<br />said notice of default, and notice of sale having n given as then required law, Trustee,
<br />without demand on Trustor, shall sell said properly at the time and place fixed by it in said notice
<br />of sale, either as whole or in separate parcels, and in such order as it may determine, at public
<br />auction to the highest bidder for cash in lawful money of the United Mates, payable at hire of
<br />sale. Trustee may postpone sale of all or any portion of said property ubli o announcement at
<br />such time and place of sale, and from three to time thereafter may postpone surely sale by public
<br />announcement ouncement at the time fixed by the preceding postponement. Trustee shall deliver to such
<br />purchaser its deed conveying the property so sold, but without any covenant or warranty, express
<br />or implied. The recitals in such deed of any matters or facts shall e conclusive proof~ of the
<br />truthfulness thereof. Any person, including Trust r, Trustee, or Beneficiary as hereinafter
<br />defined, may purchase at such sale.
<br />After deducting all costs, fees and expenses of Trustee and of this Trust, including cost of
<br />evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment f:
<br />all sums expended under the terms hereof, not then repaid, with aces red interest at the amount
<br />allowed by law in effect at the date hereof; all others suins them secured hereby; and the
<br />remainder, if any, to the person or persons legally entitled thereto.
<br />(7) Beneficiary, or any successor in ownership of any indebtedness secured
<br />hereb y, may from time to time, by instrument in writing, substitute a successor or successors to
<br />any Trustee married herein or acting hereunder, which instrument, t, executed by the Beneficiary
<br />and duly acknowledged and recorded in the office of the recorder der of the county or counties
<br />where said property is situated, shall be conclusive proof of proper substitution of such sLIcces or
<br />Trustee or Trustees, who shall, without conveyance from the Trustee predecessor, succeed to all
<br />its title, estate, rights, powers and duties. Said instrument must contain the nal re of the original
<br />rust r, Trustee to and Beneficiary hereunder, the boob and page where this Deed is recorded and
<br />the name and address of the new v Trust .
<br />(8) That this Deed applies to, inures to the benefit of, and binds all parties
<br />hereto, then* heirs, legatees, devisees, administrators, executors, successors and assigns. The
<br />term Beneficiary shall mean the owner and holder, including pledgees, of the note secured
<br />hereby, whether or not named as Beneficiary herein. In this Deed, whenever the context so
<br />EXHIBIT B-3 TO ATTACHMENT N. I I
<br />To Deed of Trust With Assignment of Keats
<br />Non-Recordable Attachment
<br />ISO CSO Cl 1400673vI3/200272 -0001
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