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(e) In the event of a sale or other disposition of the Property, or any part thereof,
<br />and in execution of a deed or other instrument of conveyance pursuant thereto, the recitals therein
<br />of facts, such as the occurrence of an Event of Default, the compliance with the provisions of any
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<br />statute or Act, the giving of notice of default and notice of sale, demand that such sale should be
<br />made, postponement of sale, terms of sale, sale, purchaser, payment of purchase of such sale or
<br />disposition, shall be conclusive proof of the truth of such facts; any such deed or instrument of
<br />conveyance shall be conclusive against all persons as to such facts recited therein.
<br />(f) The acknowledgment contained in any deed or conveyance executed as
<br />aforesaid of the receipt of the purchase money shall be sufficient to discharge the grantee of all
<br />obligations to see to the proper application ofthe consideration therefor as hereinafter provided. The
<br />purchaser at any trustee's or foreclosure sale hereunder may disaffirm any easement granted or rental
<br />or lease contract made in violation of any provision of this Deed of Trust, and may take immediate
<br />possession of the purchased portion of the Property free from, and despite the terms of, such grant
<br />of easement and rental or lease contract.
<br />(g) Upon the completion of any sale or sales made by Trustee or Beneficiary, as
<br />the case may be, under or by virtue of this Section 3.04, Trustee or any officer of any court
<br />empowered to do so, shall execute and deliver to the accepted purchaser or purchasers a good and
<br />sufficient instrument, or good and sufficient instruments, conveying, assigning and transferring all
<br />estate, right, title and interest in and to the Property and rights sold. Trustee is hereby appointed
<br />irrevocably the true and lawful attorney of assignments, transfers and deliveries of the Property or
<br />any part thereof and the rights so sold; and for that purpose Trustee may execute all necessary
<br />instruments of conveyance, assignment and transfer, and may substitute one or more persons with
<br />like power, Trustor hereby ratifying and confirming all that its said attorney or any substitute or
<br />substitutes shall lawfully do by virtue hereof. Nevertheless, Trustor, if so requested by Trustee or
<br />Beneficiary, shall ratify and confirm any such sale or sales by executing and delivering to Trustee
<br />or to such purchaser or purchasers all such instruments as may be advisable in the judgment of
<br />Trustee or Beneficiary, for the purpose as may be designated in such request. Any such sale or sales
<br />made under or by virtue of this Section 3.04, whether made under the power of sale herein granted
<br />or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale, shall
<br />operate to divest all of the estate, right, title, interest, claim and demand whatsoever, whether at law
<br />or in equity, of Trustor in and to the properties and rights so sold, and shall be a perpetual bar, both
<br />at law and in equity, against Trustor and any and all persons claiming or who may claim the same,
<br />or any part thereof, from, through or under Trustor.
<br />3.05 Rescission by BeneficiM. Beneficiary may at any time rescind the giving or filing
<br />of a notice of default pursuant hereto by executing, acknowledging and delivering to Trustee a
<br />Cancellation of Notice of Default in due form, and the exercise by Beneficiary of such right of
<br />rescission shall constitute a cancellation of any prior declaration by Beneficiary declaring all sums
<br />due hereunder and under the Credit Agreement due and payable, but shall not effect or constitute a
<br />waiver of any default nor impair the right of Beneficiary to make other declarations, based on the
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