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200600150 lawful money of the united States at the time of sale. The per~on 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; provided, if the sale is postponed for longer than One (1) day beyond the day design.ated in the Notice of Sale, notice thereof shall be given in the same manner as the original Notice of Sale. TRUSTEE shall execute and deliver to the purchaser his Deed conveying said property so sold, but without any covenant or warranty, express or implied. The recita16 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. TRUSTOR hereby covenants to warrant and defend tbe title of the above property to the purchaser at sale. D. When the TRUSTEE sells the trust property pu:r;suant to tbe powers granted herein, the TRUSTEE shall apply the proceeds from the sale of such property in the following order of priority: (1) To the coat and expense of exercising the power of sale and of the sale, including attorney fees, evidence of title and O1:her sale expenses, and a tru"tee' s fee not to exceed Two Percent (2%) of the gross sale prioe; (2) TO the payment of the obligatioIl secured by this Deed of Trust and Trust Deed No~e; (3) To the payment of junior Truat Deeds, mortgages or otber lienholders; (4) The balance, if any, to the person or peraons legally entitled thereto. E. upon the occurrence of any default hereunder, BENEFICIARY sball have, in addition ~o such other options as may be granted herein, the f-u:r;ther option tQ foreclose this Deed of Trust in the manner provided by law for foreclosures of mortgagee on real property_ F. BENEFICIARY may from time to time substitute a succeSSQr or successors to any TRUSTEE named herein or acting hereunder. Upon such appointment, and witho-ut conveyance to the successor TRUSTEE, the latter shall be vested with all title, powers and duties conferred upon any TRUSTEE herein named or acting hereunder. Each such appointment and substitution shall be made by written instrument and executed by EENEFICIARY, containing reference to this Deed of Truat and its place ot record, which, when recorded in the oft ice of the Regis~er of n..eds of the county or counties in whiCh said property is ei~uated, shall be conclusive proof of proper appointment of the successor TRUSTEE. The foregoing power of substitution and the procedure therefore shall not be exclusive of the power and procedure provided for by law Lor the supstitutioD Qf a TRUSTEE in the place of the TRUSTEE named herein. G. TRUSTOR covenants and agrees that upon any attempted conveyance, assignment. pledge or transfer of any of his interest in the premis..s during the term of tbe loan se~Ui...d hereby, tbe BENEFICIARY shall bave the option of declaring the unpaid balance immediately due and payable, and if said sum remains unpaid for Ten (lO) days thereafter, BENEFICIARY can cause Notice of Default to be given and the premises be sold as p:r;ovided herein. H. As additional and collateral liecurity for the loan, and effective forthwith upon filing of a Notice of Default, this instrument shall serve as an alisignment by the TRUSTOR to the TRUSTEE, of all rents and revenues resulting from the property, and TRUSTEE is authorized to take possession of the property, rent or lease the same on t..rms he deems best and to collect the rents and revenues and apply the -3-