Trustee’s Deed; Proceeds of Sale. Trustee will deliver to the purchaser a Trustee’s deed conveying the Property without any covenant or warranty, expressed or implied. The recitals in the Trustee’s deed will be prima facie or conclusive evidence of the truth of the statements made in that deed, in accordance with Section 2924(c) of the Civil Code of California. Trustee will apply the proceeds of the sale in the following order: (i) to all expenses of the sale, including, but not limited to, reasonable Trustee’s and attorneys’ fees; (ii) to all sums secured by this Security Instrument; and (iii) any excess to the person or persons legally entitled to it.
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Samples: Subordinate Deed of Trust, Deed of Trust, Deed of Trust
