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APN: 059-034-280
<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 de�iver 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 shali be conclusive proof of the truthfulness thereof. Any person, including Trustor, Trustee, or Benefciary 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 with
<br /> 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,if
<br /> any,to the person or persons legally entitied thereto.
<br /> (12)Beneficiary,or any successor in ownership of any indebtedness secured hereby,may from time to time,by instrument in writing,
<br /> substitute a successor or successors to any Trustee named herein or acting hereunder, which instrument, executed by the
<br /> 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 from
<br /> the Trustee predecessor, succeed to its title, estate, rights, powers, and duties. Said instrument must contain the name of the
<br /> original Trustor,Trustee,and Beneficiary hereunder,the book and pages where this Deed is recorded and the name and address of
<br /> 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 secured
<br /> hereby,whether or not named as Beneficiary herein. In this Deed,whenever the context so requires,the masculine gender includes
<br /> 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.
<br /> Trustee is not obligated to notify any party hereto of pending saie under any other Deed of Trust or of any action or proceeding in
<br /> 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/2013.043/KAINOS-1033 REDWOOD AVE
<br /> REV:03-28-13 VR
<br /> Page 31 of 34
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