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6.1.G. - Page 35
<br /> APN: 062-093-300, 062-093-310
<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
<br /> sale having been given as then required by law, Trustee, without demand on Trustor, shall sell said property at the time and place
<br /> fixed by it in said notice of sale, either as a whole or in separate parcels, and in such order as it may determine, at public auction to
<br /> the highest bidder for cash of lawful money of the United States, payable at time of sale. Trustee may postpone sale of all or any
<br /> portion of said property by public announcement at such time and place of sale,and from time to time thereafter may postpone such
<br /> sale by public announcement at the time fixed by the proceeding postponement. Trustee shall deliver to such purchaser its deed
<br /> conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters
<br /> or facts shall be conclusive proof of the truthfulness thereof. Any person, including Trustor, 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 evidence of title in connection
<br /> with sale,Trustee shall apply the proceeds of sale to payment of;all sums expended under the terms hereof, not then repaid,with
<br /> accrued interest at the amount allowed by law in effect at the date hereof;all other sums then secured hereby;and the remainder,
<br /> 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
<br /> writing, substitute a successor or successors to any Trustee named herein or acting hereunder, which instrument, executed by
<br /> the Beneficiary and duly acknowledged and recorded in the office of the recorded of the county or counties where said property is
<br /> situated, shall be conclusive proof of proper substitution of such successor Trustee or Trustees, who shall, without conveyance
<br /> 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
<br /> 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,
<br /> executors, successors, and assigns. The term Beneficiary shall mean the owner and holder, including pledges, of the note
<br /> secured hereby, whether or not named as Beneficiary herein. In this Deed, whenever the context so requires, the masculine
<br /> 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
<br /> law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or
<br /> proceeding in which Trustor, Beneficiary,or Trustee shall be a party unless brought by Trustee.
<br /> INITIALS_
<br /> FD-21 B (Rev. 4/94) SHORT FORM DEED OF TRUST Page No. 5 of 6
<br /> ATTY/AGR/2013.022/FUNDING AGR FOR WILLOW ROAD APARTMENTS REHABILITATION PROJECT
<br /> REV:02-15-13 VR
<br /> Page 33 of 35
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