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<br />F' <br /> <br />'expired, make and execute to such person a deed to the Proper1y purchased, which said deed shali b; <br />in the ordinary form of a conveyance, and shall be signed, acknowledged and delivered by the said <br />PUBLIC TRUSTEE and shall convey and quitclaim to such person entitled to such deed, the Proper1y <br />purchased as aforesaid and all the right, title, interest, benefit and equity of redemption of the <br />GRANTOR, its successors and assigns made therein, and shall recite the sum for which the said <br />Property was sold and shall refer to the power of sale therein contained, and to the sale made by virtue <br />thereof; and in case of an assignment of such certificate of purchase, or in case of the redemption of <br />the Property, by a subsequent encumbrance, such assignment or redemption shall also be referred to <br />in such deed; but the notice of sale need not be set out in such deed and the PUBLIC TRUSTEE shall, <br />out of the proceeds or avails of such sale, after first paying and retaining all fees, charges and costs of <br />making said sale, pay to the beneficiary hereunder the principal and interest due on said note <br />according to the tenor and effect thereof, and all moneys advanced by such beneficiary or legal holder <br />of said note for insurance, taxes and assessments, with interest thereon at ten per cent per annum, <br />rendering the surplus, if any, unto the GRANTOR, its legal representatives or assigns; which sale and <br />said deed so made shall be a perpetual bar, both in law and equity, against the GRANTOR, its <br />successors and assigns, and all other persons claiming the Property, or any part thereof, by, from, <br />through or under the GRANTOR, or any of them. The holder of said note may purchase Property or any <br />part thereof; and it shall not be obligatory upon the purchaser at any such sale to see to the application <br />of the purchase money. <br /> <br />And the GRANTOR, for itself and its successors or assigns covenants and agrees to and with the <br />PUBLIC TRUSTEE, that at the time of the unsealing of and delivery of these presents it is well seized of <br />the Property in fee simple, and has good right. full power and lawful authority to grant, bargain, sell and <br />convey the same in the manner and form as aforesaid; and that the same is free and clear of all liens <br />and encumbrances whatever, and' the above bargained Property in the quiet and peaceable <br />possession of the PUBLIC TRUSTEE, its Successors and assigns, against all and every person or <br />ersons lawfull claimin or to claim h w <br />and Forever Defend, <br /> <br />Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and <br />assessments levied on the Property; any and all amounts due on account of principal and interest or <br />other sums on any senior encumbrances, if any. Should the Grantor fail to pay taxes or assessments <br />as the same fall due, or to pay any amounts payable upon senior encumbrances, if any, the beneficiary <br />may make any such payments, .and all monies so paid with interest thereon at the rate of ten percent <br />(10%) per annum shall be added to and become a part of the indebtedness secured by this Deed of <br />Trust and may be paid out of the proceeds of the sale of the Property if not paid by the GRANTOR. In <br />addition, and at its option, the beneficiary may declare the indebtedness secured hereby and this Deed <br />of Trust to be in default for failure to make any further payments required by this paragraph. In the <br />event of the sale or transfer of the Property, the beneficiary, at its option, may declare the entire <br />ba\arlce of the r10te immediately due arid payable. <br /> <br />And that in case of any default, whereby the right of foreclosure occurs hereunder, the PUBLIC <br />TRUSTEE, the State as holder of the r1ote, or the holder of a certificate of purchase, shall at once <br />become. entitled to the possession, use and enjoyment of the Property aforesaid, and to the rents, <br />issues and profits thereof, from the accruing of such right and during the pendency of foreclosure <br />proceedings and the period of redemption, if any there be, and such possession shall at once be <br />delivered to the PUBLIC TRUSTEE, the State as holder of the note, or the holder of said certificate of <br />purchase on request and on refusal, the delivery of the Property may be enforced by the PUBLIC <br />TRUSTEE, the State as holder of the note, or the holder of said certificate of purchase by an appropriate <br />civil suit or proceeding, and the PUBLIC TRUSTEE, or the holder of said note or certificate of purchase, or <br />any thereof, shall be entitled to a Receiver for said Property, and of the rents, issues and profits <br />thereof, after such default, including the time covered by foreclosure proceedings and the period of <br />redemption, if any there be, and shall be entitled thereto as a matter of right without regard to the <br /> <br />rs <br />