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200009893 17. Foreclosure by Power of Sale. Should Beneficiary elect to foreclose by exercise of the Power of Sale herein contained, Beneficiary shall notify Trustee and shall deposit with Trustee this Deed of Trust and the Note and such other documents, instruments, receipts and evidence of expenditures made and secured hereby as Trustee may require. (a) On receipt of such notice from Beneficiary, Trustee shall cause to be recorded, published and delivered such notice of default and notice of sale as then required by law and by this Deed of Trust. Trustee shall, without demand on Trustor, after such time as may then be required by law and after recording of such notice of default and notice of sale, sell the Premises at the time and place of sale fixed by Trustee in such notice of sale, either as a whole or in separate lots, parcels or items as Trustee shall deem expedient, and in such order as Trustee may determine, at public auction to the highest bidder for cash in lawful money of the United States, or certified or cashier's check, payable at the time of sale. Trustee shall deliver to such purchaser or purchasers thereof Trustee's good and sufficient deed conveying the Premises so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person including, without limitation, Trustor, Trustee or Beneficiary, may purchase at such sale and Trustor hereby covenants to warrant and defend the title of such purchaser or purchasers. (b) Trustee shall apply the proceeds of sale to the extent available in the following order: To the costs and expenses of exercising the power of sale and of the sale, including the payment of Trustee's fee actually incurred not to exceed five percent (5 %) of the gross proceeds from such sale; To the payment of all Obligations secured by this Deed of Trust; iii. To the payment of junior trust deeds, mortgages, or other lienholders; iv. The balance, if any, to the person or persons legally entitled thereto. (c) Trustee may in any manner provided by law postpone sale from time to time of all or any portion of the Premises. 18. Remedies Not Exclusive. No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other remedy herein or permitted or provided by law, but each shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing by law or in equity or by statute. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency judgment against the Trustor to the extent such action is permitted by law. 19. Request for Notice. Trustor hereby requests a copy of any notice of default or of notice of sale hereunder be mailed to them at the address set forth in the first paragraph of this Deed of Trust. 20. Notices. Whenever Beneficiary, Trustor, or Trustee shall desire to give or serve any notice, demand, request or other communication with respect to this Deed of Trust, each such notice, demand, request or other communication shall be in writing and shall be effective only if the same is delivered by personal service or mailed by certified mail, postage prepaid, addressed to the address set forth in 2