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t9 5-- 1c,"78�� a written declaration of defaul.t azd demand for sale. Truatee shall have the power af sale oi� the Property ,and if Benefi.ciaz�y decides the Property is to be spld, it shall deposit with Trustee this Depd of Trust and the Note or aotes and any other documents evidencing expenditurea secured hereby, and ehall delive�: to Trustee a written notice of default and election to cause the Property to be sald, and Trustee, in turm, shall pzepare a similar notice in the form required by law, which shall be duly filed £or record by Trustee. " � (a) After the lapse of such time as may be required by law following the secordation of Notice of Default, and notice o€ Default and Notice of Sale having been given as required by law, Trustee, without dentand on Trustor, shall aell the' ' P=operty hereinbefore described, and any and every part� thereof, in separate parcels or en masse as the Truetee may elect and in such order as Trustee may determine on the date and at the time and place designated in said Notice of Sale, at public auctian to the highest bidder, the purchase price payable in cash in lawful money of the United States at the � time of sale. The person conduction the sale may, for any cause he or she deems expedient, poatpone the sale from time to time until it sha�.l be completed and, in every such cas�, notice of postponement shall be given by public declar�°cion thereof by such persorz at the time and place laet appointed for the sale; provided, if the sale is postponed �or lonqer than one (1) day beyond the day designated in 'che Notic:e of Sale, notice thereof shall be given in the �:�me manner ns the original Notice of Sale. Trustee shall eracute and deliver to the purchaser its Deed conveying the property so sold, but � without any covenant or warranty, express or implied. The recital� in tha Deeds of any matters or facts shall be conclusive proof of the tri��hfulness thereof. Any persan, including without Zimit�'cion, Beneficiary or Trustee may purchase at the sale. Said sale shall be conducted at the real estate formin,� a part of the Property or at the court house in the county in which the Property to be sold, or same part thereof, is eituated. (b) When Trustee sells pursuant to the powers herein, Trustee shall apply the proceeds of the sale to payment of the costs and expenses of exercising the power of sale and of the sale, ineluding, without li.mitation, the payment of Trustee's fees incurred, which Trustee's fees shall not in the aggregate exceed the sum of Five Hundred ancl no/100ths Dollars ($500.00) plus 1/2 of 1$ of the amount. secured hereby and ren►aining unpaid and then to the items set forth in subpc:ragraph (c) of this paragraph FI�'TH in the order therein stated. (c) After payinq the items specified in subparagraph (b) of this paragraph FIFTA, if the sale is by"Trustee, or the proper court and other costs of foreclosure and sale if sale is pursuant to judicial foreclosure, the prxeeds of sale shall be applied in the order stated below to the payment of: (1) Cost of �any evidence of title procured in connection with such sale and of any revenue required to be paid; (2) All aums then secured hereby; (3) The remainder, if any, to the person ar pereons legally enti�tled thereto. Each of the parties to this Deed of Trust h�reby requesta that a copy of any Notice of Default and a copy of any Notice of Sale provided for hereinabove be mniled to ench ench par�y at hia poat office addsess set forth herein. Upon the occurrence of any default hereunder, Beneficiary shall have the option to foreclose this Deed of Truat in the manne� provided by law for the fore- clasure of mortgages on real property.