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After the la,se of such time as may then be required by law following tho recordation of said notice of dcfnult, and notice of sale
<br /> having been given as then required by law, Trustee, without demand on Tmstor, shall sell said property at the time and place fixed by it in
<br /> said notice of sale, either as a whole or in separate parcels, and in such order as it may determine, at public auction to the nighest bidde~
<br /> for cash of lawful money of thc United States, paynblc at time of sale. Trustee may pusq:one sale of nil or aay portion of said propel~y by
<br /> public announcement at such time and place of sale, and from time to time the~lfier may postpone such sale by public announcement at
<br />-- the time fixed by the proc~giing postpunement. Trustee shall deliver to such purchaser its deed conveying the prope~ so sold, but
<br /> without any covenant or warrenty, exl~ss or implied. The t~:itals in such deed ofeny matters or facts shall be conclusive prunf of the
<br /> truthfulness thereof. Anyperson, ineluding Trustur, Trustee, or Beneficinry ~ hereinafter defined, tony purchase at such sale.
<br /> ARer deducting ail cos~, fees, sud expenses of Trustee and of this Trust, including cost of evidence of title in connection with sale,
<br /> Trustee shall apply the proceeds of sale to payment of; ail sums expended under the terms hereof, not then repaid, with accrued interest at
<br /> the amount allowed by law in effect at the date hereof; all other sums then secured hereby; and the remainder, if eny, to the person or
<br /> persons legally entitled thereto.
<br /> (12) Beneficiary, or any successor in owner~ip of any indebtedness secured hereby, may fi'om time to time, by insmunent in w~tin&
<br /> substitute a successor or successors tu any Trustee named herein or acting hereunder, which insmimeot, executed by the Beneficiary and
<br /> duly acknowledged and recorded in the office of the recorded of the county or counties whom ~ni property is slmn~l, shall be conclusive
<br /> proof of proper substitution of such successor Trustee or Trustees, who shall, without conveyance fi'om the Trnstee predecessor, succeed
<br /> to its title, estate, rights, powers, and duties. Said instrument must contain the name of the original Trestor, Trustee, and Beneficiary
<br /> hereunder, the book and pages where this Deed is recorded and the name and eddre~ of the new Trus~e.
<br /> (13) That this Deed applies to, inures to the benefit of, and binds all parties hereto, their beirs, legatees, devisees, edminisuntors,
<br /> executors, successors, and assigns. The term Beneficiary shall mean the owner and holder, including pledgees, of the ante seotred hereby,
<br /> whether or not named as Beneficinry herein. In this Deed, whenever the context so requires, the masculine gender includes the feminine
<br /> and/or neuter, and the singnl~' number includes the liorai.
<br /> (14) That Trustee accepts this Trust when this Deed, duly executed and acknowledged, is made a public record ~s provided by law.
<br /> Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Truat or of any action or proceeding in which
<br /> Trostor, Beneficiary, or Trustee shallbe a pa~y unless brought by Trustee.
<br /> INITIALS
<br /> REQUEST FOR FULL RECONVEYANCE
<br />
<br /> TO: FIDELITY NATIONAL TITLE INSURANCE COMPANY, TRUSTEE:
<br /> Thc undersigned is the legal owner and holder of all indebtedness secured by the wifuin Deed of Trust. All sums secured by said Deed of
<br /> Trust have been fully paid and satisfied; and you are hereby requested and directed, on payment to you of any sun~ owing to you under
<br /> the terw~ of said Deed of Trust, to cancel all evidences of indebtedness, secured by said Deed of Treat, delivered to you herewith, together
<br /> with the said Deed of Trush and to reconve), without wen'anty, to the parties designated by the terms of said Deed of Trust~ all the estate
<br /> now held by you under the same.
<br />
<br /> Dated
<br />
<br /> By: By:
<br /> Please mail re, conveyance to:
<br />
<br /> Do not lose or destroy this Deed of Trust OR THE NOTE which it secures. Both original documents must be delivered to the Trustee for
<br /> cancellation before reconveyance will be made.
<br />
<br /> STATE OF CALIFORNIA
<br /> COUNTY OF
<br />
<br /> ON before me, personally appeared
<br />
<br /> personally 'known to me (or proved to me on the basis of satisfactury evidence) to be the person(s) whose name(s) is/are subscribed to the
<br /> within instrument and acknowledged,~o me that he/she/they executed the same in his/her/their authorized capacity(les), and that by
<br /> his/her/their signature(s) on the ins~'ument the person(s), or the entity upon behalf of which the person(s) acted, executed the instr~nent.
<br /> WITNESS my hand and official seal.
<br />
<br /> Signature
<br /> l:D-21B (Rev. 4/94) SHORT FORM DEED OF TRUST Page No. 4 of 4
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