Deed - 825 San Leandro Blvd - File 1330, 1999

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bidder for cash at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of the Property to any later time on the same date by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Trustee shall deliver to the purchaser Trustee's deed conveying the Property without any covenant or warranty, expressed or implied. The recitals in the Trustee's deed shall be prima fascia evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable Trustee's and attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 17. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument without charge to Borrowers. Or, upon expiration of fifteen (15) years from the date of execution of the Note if there has been no default, sale, conveyance, assignment, or transfer to any other party(ies) of any interest or right of Borrowers in the property without prior written consent of Lender, Lender shall release this Security Instrument without charge to Borrowers. Borrowers shall pay any recordation costs. 18. Hold Harmless and Indemnification. Borrowers shall indemnify and hold the Agency, the City, its officers, employees and agents harmless against any and all losses, claims, demands, penalties and liabilities which the Agency, the City, its officers, employees or agents may sustain or suffer by reason of anything done or omitted in good faith pursuant to or in connection with this Deed of Trust and not assert any claim against the Agency, the City, its officers or agents by reason of any action so taken or. omitted. Borrowers shall, at their own expense, defend, indemnify, save and hold the Agency, the City, its officers, employees and agents harmless from any and all claims, demands, losses, expenses, damages (general, punitive or otherwise), causes of action (whether legal or equitable in nature) asserted by any person, firm, corporation or other entity arising out of this Deed of Trust and Borrowers shall pay the Agency, upon demand all claims, judgment, damages, losses or expenses (including reasonable legal expense) incurred by the Agency, as a result of any legal action arising out of this Deed of Trust. 825 San Leandro Boulevard Page 8 of 9 Deed of Trust 071999