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200704125 shall have no right to direct the order in which the Trust Property is sold. Beneficiary may, in its sole discretion, designate the order in which the Trust Property shall be offered for sale or sold and determine if the Trust Property shall be sold in a single sale or in two or more successive sales or in any other manner Beneficiary deems to be in its best interests. If Beneficiary determines that the Trust Property shall be sold in two (2) or more sales, Beneficiary may, at its option, cause such sales to be conducted simultaneously or successively on the same day or on different days and times and in such order as Beneficiary shall determine, and no such sale shall extinguish or otherwise affect the lien of this Deed of Trust or any part of the Trust Property not then sold until all indebtedness secured hereby has been fully paid. Grantor shall pay the costs and expenses of each such sale and any judicial proceeding in which any such sale may be made. Trustee shall deliver to such purchaser its deed conveying the portion of the Trust Property 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 Beneficiary, may purchase at such sale. 20.3. After deducting all costs, fees and expenses of Trustee and of the sale, including costs of evidence of title in connection with the sale, Trustee shall apply the proceeds of sale first to payment of all sums expended under the terms hereof, not then repaid, with accrued interest at the default rate of interest specified in the Note (or, if no default rate is specified, at the highest rate then in effect under the Note), next to all other sums then secured hereby, and the remainder, if any, to the Person or Persons legally entitled thereto. 20.4. Trustee may postpone the sale of all or any portion of the Trust Property by public announcement at the time and place first fixed for sale, and from time to time thereafter may postpone such sale by public announcement at the time and place fixed by the preceding postponement, and without further notice make such sale at the time fixed by the last postponement, or may, in its discretion, give a new notice of sale. 20.5. Upon any sale pursuant to this Article, Grantor shall be completely and irrevocably divested, to the maximum extent permitted by Legal Requirements, of all its right, title, interest, claims and demands at law or in equity in and to the Trust Property sold or any part thereof, and such sale shall be a perpetual bar both at law and in equity against Grantor and any and all other persons claiming any such right, title, interest, claims or demands by, through or under Grantor. 21. Concerning the Trustee. Trustee shall be under no duty to take any action hereunder except as expressly required hereunder or by law, or to perform any act which would involve Trustee in any expense or liability or to institute or defend any suit in respect hereof, unless properly indemnified to Trustee's reasonable satisfaction. Trustee, by acceptance of this Deed of Trust, covenants to perform and fulfill the trusts herein created, being liable, however, only for willful negligence or misconduct, and hereby waives any statutory fee and agrees to accept 14