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201400400 10. The following sentence is hereby added to the end of the paragraph 25(a)(vii) of this Security Instrument: Borrower hereby irrevocably consents to such appointment and waives notice of any application therefore, and any such receiver or receivers shall have all the usual powers and duties of receivers in like or similar cases and all the powers and duties of Lender in case of entry as provided herein and shall continue as such and exercise all such powers until the date of confirmation of sale of the Mortgaged Property or a sale of the Mortgaged Property under the power of sale herein contained, unless such receivership is sooner terminated; 11. The following provision is hereby added to paragraph 25 of this Security Instrument as subsection (g): 2924 - 29241. (g) Foreclosure By Power of Sale Pursuant to California Civil Code Sections (1) Should Lender elect to foreclose by exercise of the power of sale herein contained, Lender shall notify Deed of Trust Trustee and shall deposit with Deed of Trust Trustee this Security Instrument and the Note and such receipts and evidence of expenditures made and secured hereby as Deed of Trust Trustee may require. (ii) Upon receipt of such notice from Lender, Deed of Trust Trustee shall cause to be recorded, published and delivered to Borrower such Notice of Default and Election to Sell as is then required by law and by this Security Instrument. Deed of Trust Trustee shall, without demand on Borrower, after lapse of such time as may then be required by law and after recordation of such Notice of Default and after Notice of Sale having been given as required by law, sell the Mortgaged Property at the time and place of sale fixed by Deed of Trust Trustee in said Notice of Sale, either as a whole, or in separate lots or parcels or items, and in such order as Lender may direct Deed of Trust Trustee so to do, at public auction to the highest bidder for cash in Lawful money of the United States payable at the time of sale. Deed of Trust Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or deeds conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matter or fact shall be conclusive proof of the truthfulness thereof. Any person including, without limitation, Borrower, Deed of Trust Trustee or Lender may purchase at such sale, and Borrower hereby covenants to warrant and defend the title of such purchaser or purchasers. (iii) Upon non judicial foreclosure of this Security Instrument, Lender shall be entitled to credit bid up to and including the entire amount of the obligations and indebtedness secured hereby. If Lender makes a combined credit and cash bid and is the successful bidder, Deed of Trust Trustee shall apply the cash bid first to pay the holders of liens subordinate hereto and encumbering the Mortgaged Property, in their respective order of priority; then to pay delinquent taxes, if any; and shall pay any remaining balance to Borrower; or, if such order of payment shall be prohibited by law, then in such other order or priority as is required by law. If a third party is the successful bidder at such public auction, upon receipt of cash from such bidder: Deed of Trust Trustee shall apply the cash bid received from the third party, after deducting all costs, fees and expenses of Lender and of the Deed of Trust Trustee, - 83 -