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APN: 052-315-200
<br />After the lapse of such time as may then be required by law following the recordation of said notice of default, and notice of sale having been given as then
<br />required by law, Trustee, without demand on Trustor, shall sell said property at the time and place fixed by it in said notice of sale, either as a whole or in
<br />separate parcels, and in such order as it may determine, at public auction to the highest bidder for cash of lawful money of the United States, payable at time of
<br />sale. Trustee may postpone sale of all or any portion of said property by public announcement at such time and place of sale, and from time to time thereafter
<br />may postpone such sale by public announcement at the time fixed by the proceeding postponement. Trustee shall deliver to such purchaser its deed conveying
<br />the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the
<br />truthfulness thereof. Any person, including Trustor, Trustee, or Beneficiary as hereinafter defined, may purchase at such sale.
<br />After deducting all costs, fees, and expenses of Trustee and of this Trust, including cost of evidence of title in connection with sale, Trustee shall apply
<br />the proceeds of sale to payment of, all sums expended under the terms hereof, not then repaid, with accrued interest at the amount allowed by law in effect at the
<br />date hereof, all other sums then secured hereby; and the remainder, if any, to the person or persons legally entitled thereto.
<br />(12) Beneficiary, or any successor in ownership of any indebtedness secured hereby, may from time to time, by instrument in writing, substitute a successor or
<br />successors to any Trustee named herein or acting hereunder, which instrument, executed by the Beneficiary and duly acknowledged and recorded in the office
<br />of the recorded of the county or counties where said property is situated, shall be conclusive proof of proper substitution of such successor Trustee or Trustees,
<br />who shall, without conveyance from the Trustee predecessor, succeed to its title, estate, rights, powers, and duties. Said instrument must contain the name of
<br />the original Trustor, Trustee, and Beneficiary hereunder, the book and pages where this Deed is recorded and the name and address of the new Trustee.
<br />(13) That this Deed applies to, inures to the benefit of, and binds all parties hereto, their heirs, legatees, devisees, administrators, executors, successors, and
<br />assigns. The term Beneficiary shall mean the owner and holder, including pledgees, of the note secured hereby, whether or not named as Beneficiary herein. In
<br />this Deed, whenever the context so requires, the masculine gender includes the feminine and/or neuter, and the singular number includes the plural.
<br />(14) That Trustee accepts this Trust when this Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to
<br />notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Trustor, Beneficiary, or Trustee shall be a party
<br />unless brought by Trustee.
<br />INITIALSK�-
<br />REQUEST FOR FULL RECONVEYANCE
<br />TO: FIDELITY NATIONAL TITLE INSURANCE COMPANY, TRUSTEE:
<br />The undersigned is the legal owner and holder of all indebtedness secured by the within 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 sums owing to you under the
<br />terms of said Deed of Trust, to cancel all evidences of indebtedness, secured by said Deed of Trust, delivered to you herewith, together with
<br />the said Deed of Trust, and to reconvey, without warranty, to the parties designated by the terms of said Deed of Trust, all the estate now held
<br />by you under the same.
<br />Dated
<br />By: By:
<br />Please mail reconveyance to:
<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 />STATE OF CALIFORNIA
<br />COUNTY OF
<br />ON
<br />before me,
<br />Notary Public,
<br />Personally appeared.
<br />personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the
<br />within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by
<br />his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
<br />WITNESS my hand and official seal.
<br />Signature
<br />FD -21B (Rev. 4/94)
<br />Page No. 4 of 4
<br />SHORT FORM DEED OF TRUST
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