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(f) This Financing Statement covers Proceeds. (g) Products of the Collateral are also covered. 11. Events of Default. Any of the following events shall be deemed an event of default hereunder (each an "Event of Default "): (a) An Event of Default (as defined and described in the Promissory Note) shall occur under the Promissory Note; or (b) There has occurred a breach of or default under any term, covenant, agreement, condition, provision, representation or warranty contained herein or in any of the documents evidencing the Obligations secured by this Deed of Trust. 12. Condemnation. If title to any part of the Property shall be taken in condemnation proceedings, by right of eminent domain or similar action, or shall be sold under threat of condemnation, all awards, damages and proceeds are hereby assigned and shall be paid to Beneficiary who shall apply such awards, damages and proceeds to the Obligations secured by this Deed of Trust, with the excess, if any, paid to Trustor. If Trustor receives any notice or other information regarding such actions or proceedings, Trustor shall give prompt written notice thereof to Beneficiary. Beneficiary shall be entitled, at its option, to commence, appear in and prosecute in its own name any such action or proceedings and shall be entitled to make any compromise or settlement in connection with any such action or proceedings. 13. Acceleration; Remedies; Power of Sale. Upon an Event of Default Beneficiary may declare all sums secured hereby immediately due and payable by delivering to Trustee a written declaration of default. THE TRUSTEE SHALL HAVE THE POWER OF SALE OF THE PROPERTY and if Beneficiary desires the Property to be sold and shall deliver to Trustee a written notice of default and election to cause the Property to be sold, and the Trustee in turn shall prepare a similar notice in the form required by law, which shall be duly filed of record by Trustee. (a) After the lapse of such time as may be required by law following the recordation of said notice of default, and notice of default and notice of sale having been given as required by law, Trustee, without demand on Trustor, shall sell the Property on the date and at the time and place designed in said notice of sale, at public auction to the highest bidder, the purchase price payable in lawful money of the United States at the time of sale. The person conducting the sale may, for any cause he deems expedient, postpone the sale from time to time until it shall be completed and, in every such case, notice of postponement shall be given by public declaration thereof by such person at the time and place last appointed for the sale. Trustee shall execute and deliver to the purchaser his deed conveying the Property sold, but without any covenant or warranty, express or implied. The recitals in the deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including Beneficiary, may purchase at the sale. (b) When Trustee sells pursuant to the powers herein, the Trustee shall apply the proceeds of the sale to payment of the costs and expenses of exercising the power of 4830 - 2329 - 6839.2 8 201702895