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J • � � I � � �[�--10018d 23. Sale of Pro ertY; Ri.ght of Beneficiary to Purchaee. In the event ot exerc ae o t e power o sa e conta ne n t s eed of Trua� or £oliawing toreclosure, the Yroperty may be sold, at the optidn of Beneficiary ur °Truetee, in whole or in separate parcels, end Beneficiary or Truatee may bid and become the pvrchaser at any auch sale. Trustee ahall deliver to such purchaser ita deed conveying the property so sold, but without any covenant or �aarranty, expresa or impli�d. The recitals in such deed of any mattera or facta ahall be concluaive proo£ o£ the truthfulness thereof. The proceeds of the sale shall be appl3ed as provided by law. The purchaser at the Trustee's sale shall he entitled to immediate possession of the Property. Title to all insurance policies and the praceeda thereof shall vest in and become the property of the purchaser at any such sale. 24. E�fect of Foreclosure on Leases. Upon exercise of the power of sa e conta ne n t s ee o rust or following foreclosure, any lease of the Property or a portian thereof shall remain in effect, the purchaser thereby being subrogated to lessor' s interest therein, unleas the purchaser elects to treat such lease as terminated by virtue of the sale under Beneficiary' s prior lien or charge. Beneficiary may concurrently commence ar�d pursue Trustee' s sale proc�edings and suit for foreclosure as a mortgage on real eatate; and one of such proceedings shall not bar the other until it ' ia concluded and final. � 25. Fxercise of Remedies ; No Waiver. All remedies of � Beneficiary may e exere se concurrent y or CATIAP(!111'�VP�v �,- �� _._. proceedings whether lega2 or equitable, and no failure of �-_ Beneficiary to exerciae any rights hereunder and no delay by � Beneficiary or Trustee in the exercise of such rights shall be a �: � waiver thereof. _, _ 26. No Right of Offset. No offset or claim that Grantor may '�� now or in t e uture ave against Beneficiary shall relieve or excuse Grantor from paying the installments under the Note or performing any other obligation secured hereby when the same is due. v , 27. Release of Lien of Propert . Upon payment in full of all � sums secure ereun er an wr tten request of grantor, Beneficiary �;° shall authorize and direct Trustee, in wr3ting, to releaee the lien hereof. .� •�� 28. Reconveyance of Propert . Upon written request of ' � Beneficiary stat ng t at a sums secured hereby have been paid, and upon surrender of this Deed o£ Trust and the Note to Truatee for cancellation and retention and upon payment of its feea, Trustee shall reconvey, without warranty, the Property. The recitals in ; such reconveyance of any matters of facts shall be conclusive proaf of the truthfulness thereof. The grantee in such reconveyance may . be described as "the person or persons legally entitled thereto". To the extent percnitted by law, in lieu of execution of a 21 :_=—_ , �t � � � �n cn � , �;� �.. . � �