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20140040 parcels or as a whole as he may deem best. At or in connection with any such sale, Deed of Trust Trustee shall not be required to be physically present, or to have constructive possession of the Mortgaged Property (Borrower hereby covenanting and agreeing to deliver to Deed of Trust Trustee any portion of the Mortgaged Property not actually or constructively possessed by Deed of Trust Trustee immediately upon demand by Deed of Trust Trustee) and the title and right of possession of any such property shall pass to the purchaser thereof as completely as if the same had been actually present and delivered to purchaser at such sale. Each and every recital contained in every instrument of conveyance made by Deed of Trust Trustee shall establish the truth and accuracy of the matters recited therein, including, without limitation, nonpayment of the Debt, advertisement and conduct of such sale in the manner provided herein and otherwise by law and by appointment of any successor Deed of Trust Trustee hereunder, and any and all prerequisites to the validity of such sale shall be deemed to have been performed. The receipt of Deed of Trust Trustee or of such other party making the sale shall be a sufficient discharge to the purchaser for his purchase money and no such purchaser, or his assigns or personal representatives, shall thereafter be obligated to see to the application of such purchase money or be in any way answerable for any loss, misapplication or non - application thereof. The sale by Deed of Trust Trustee, or Deed of Trust Trustee's substitute or successor, of less than the whole of the Mortgaged Property shall not exhaust the power of sale herein granted, and Deed of Trust Trustee is specifically empowered to make a successive sale or sales under such power until the whole of the Mortgaged Property shall be sold; and, if the proceeds of such sale of less than the whole of the Mortgaged Property shall be less than the aggregate of the indebtedness secured hereby and the expense of executing this Security Instrument as provided herein, this Security Instrument and the lien hereof shall remain in full force and effect as to the unsold portion of the Mortgaged Property just as though no sale has been made; provided, however, that Borrower shall never have any right to require the sale of less than the whole of the Mortgaged Property but Lender shall have the right, at its sole election, to request Deed of Trust Trustee to sell less than the whole of the Mortgaged Property. The power of sale granted herein shall not be exhausted by any sale held hereunder by Deed of Trust Trustee or his substitute or successor, and such power of sale may be exercised from time to time and as many times as Lender may deem necessary until all of the Mortgaged Property has been duly sold and all secured indebtedness has been fully paid. 5. For purposes of Miss. Code Ann. § 89 -1-49 and Miss. Code Ann. § 89 -5 -21, this Security Instrument secures a line of credit. 6. This Security Instrument secures all future advances of the Debt, regardless of whether such future advances are (a) optional or obligatory, (b) additional advances of principal or advances to protect the Mortgaged Property, (c) being advanced for the same purpose as advances previously made, (d) arising out of the same transaction as previous advances, or (e) currently within the contemplation of the parties. The priority of all such future advances shall relate back to the date of filing of this Security Instrument. 7. Upon payment and performance by Borrower of the Debt, Lender will cancel this Security Instrument by filing or delivering to Borrower an authority to cancel the Security Instrument in the office of the Chancery Clerk of each county (and each judicial district, if applicable) in which the Mortgaged Property is located as provided in Miss. Code Ann. § 89 -5- 21. This authority to cancel shall be in recordable form and Borrower will pay Lender's costs of preparing and filing this cancellation, including attorneys fees. The filing of a notice of - 108 -