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200701609 said Notice of Default), Notice of Default and Notice of Sale having been given as required by law, TRUSTEE, without demand on TRUSTOR, shall sell said property on the date and at the time and place designated 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 I:.he sa Ie from time to time until it shall be completed and in every such case, notice of postponernenL 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 [or longer than One (1) day beyond Lhe day designated .i n the NoLice of Sale, notice thereof shall be given in the same manner as the oriqinal 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 recitals in the Deed of any matters or facts shall be conclusive proof of the truthfulness thereof. ^ny person, including BENEFICIARIES, may purchase at the sale. TRUSTOR hereby covenants to warrant and defend the title of the above property to Lhe purchaser at sale. D. When the TRUSTEE sells the trust property pursuant to the powers granted herein, the TRUSTEE shall apply the proceeds [rom the sale of such property in the foJlowing order of priority: (1) To the cost and expense of exerc1sing of the sale, including attorney fees, other sale expenses, Clnd a trustee's Percent (2%) of the gross sale price; the power of sale and evidence of title and fee not to exceed Two (2) To the payment of the obligation secured by this Deed of Trust and Trust Deed Note; (3) To the payment of j uni or Trust Deeds, mortgages or other lienholders; (4 ) The balance, if any, entitled thereto. to the person or persons legally E. Upon the occurrence of any defaul thereunder, BENEFICIARIES shall have, in addition to such other options as may be granted herein, the further option to foncclose this Deed of Trust in the manner provided by law for foreclosures of mortgages on real property. F. BENEFICI^RIES may from time to time substitute a successor or successors to any TRUSTEE named herein or actinq hereunder. Upon such appointment, and without conveyance to the successor TRUSTEE, the latter shall be vested with all tiLle, powers and duties conferred upon any TRUSTEE herein named or acting hereunder. Each such appointment and substitution shall be made by written instrumerlt and executed by BENEF'J:CIII.RTES, containing reference to this Deed of Trust and its place of record, which, when recorded in the office of the Register of Deeds of the county or counties in which said property is situated, shall be conclusive proof of proper appointment of the successor 'J'RUSTEE. The fore<joing power of substitution and the procedure therefore shall noL be exclusive of the power and procedure provided for by law [or the substitution of a TRUSTEE in the place of the TRUSTEE named herein. G. TRUSTOR covenants and agrees that UPOll any attempted conveyance, assignment, pledge or transfer of any of his interest in the premises during the term of the loan secured hereby, the BENEFIC1ARJ:t;S shall have the option or declaring the unpaid balance immediately due and payable, and if said sum remClins unpaid for Ten (10) days thereafter, BENEFICIARIES can cause NoLice of Default to be given and the premises be sold as provided herein. II. As additional and collateral security for the loall, and effective ~3~