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"- e e 200800038 arrangements provided for in this sub-paragraph are for the added protection of the Beneficiary, and entail no responsibility on the part of the Beneficiary. VI. Neither conveyance or transfer of said Property, nor assignment of this instrument shall be made without the written consent of Beneficiary. VII. Trustor covenants and agrees that a failure to make any payment of either principal or interest on the note secured hereby when due and payable, or a failure to comply with any of the covenants and agreements herein made shall cause the whole sum of money hereby secured to become due and collectible at once at the option of the Beneficiary, and Beneficiary shall have the right to cause Notice of Default to be given and the Property to be sold as provided herein. 3. TRUSTEE CONSENT. At any time, and from time to time; upon written request of Beneficiary; the payment of fees and presentation of this Trust Deed and note for endorsement (in case of full reconveyance, for cancellation and retention), and without affecting the liability of any person for the payment of the indebtedness, Trustee may (a) consent to the making of any map or plat of said property; (b) join in any subordination or other agreement affecting this Trust Deed or the lien or change thereof; (c) reconvey, without warranty, all or any part of said property. 4. IDENTITY; RECONVEYANCE. The grantee in any reconveyance may be described as "the person or persons entitled thereto", and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof. 5. DEFAULT. Upon default by Trustor in the payment of any indebtedness secured hereby or in the performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of written declaration of default. If Beneficiary desires said property to be sold, it shall deposit with Trustee this Trust Deed and all promissory notes and documents evidencing expenditures secured hereby, and shall deliver to Trustee a written notice of default and election to cause said property to be sold in the form required by law, which shall be duly filed for record by Trustee. (1) After the lapse of such time as may be required by law following the recordation of said notice of default, and 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 for 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 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 appointed for the sale; provided, if the sale is postponed for longer than one (1) day beyond the day designated 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 its deed conveying said property so sold, but without any covenant or warranty, express or implied. The recitals of the deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including Beneficiary, may purchase at the sale. (2) 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, including the payment of Trustee's fees actually incurred, which Trustee's fees shall not in the aggregate exceed the following amounts based upon the amount secured hereby and remaining unpaid: 5 per centum on the first $1,000.00 thereof, .5 per centum on the balance thereof; and then to the items in sub- paragraph (3) in the order there stated. (3) After paying the items specified in sub- paragraph (2) 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 proceeds of sale shall be applied in the order stated to the payment of: (a) Cost of any evidence of title procured in connection with such sale and for any tax on the conveyance; (b) All sums then secured hereby; ~