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001731 the performance of the indebtedness and obligations hereby, all prepaid rents secured and all moneys which may have been or may hereafter be deposited with Trustor by any lessee of the ages, and upon provisions hereof Property, to secure the payment of any rent or dam default in the performance of any of th, Trustor agrees to deliver such rents and deposits to Beneficiary. Delivery of written notice of Beneficiary's exercise of the rights granted by this paragraph THIRD to any tenant occupying the Property or any portion thereof shall be sufficient to require said tenant to pay said rent to Beneficiary until further notice. FOURTH: If there shall be filed by or against the Trustor any petition or proceeding seeking an arrangement or composition or extension or any other relief under or pursuant to the Federal Bankruptcy Code or any other similar statute as now or hereafter in effect, or if the Trustor shall be adjudicated bankrupt or insolvent or any of Trustor's property shall have been sequestered and such decree shall have continued undischarged and unstayed for 90 days after the entry thereof, then the whole of the Note and indebtedness hereby secured shall, without notice, at the option of the Beneficiary, become due and payable. FIFTH: Upon default by Trustor in the payment performance of the terms and conditions of of or the Note, or any renewals, modifications or extensions thereof, or the payment of any other indebtedness secured hereby or in the performance of any of the covenants or agreements hereunder, Beneficiary may declare all sums secured hereby immediately due and payable and the same shall thereupon become due and payable without presentment, demand, protest or notice of any kind. Thereafter, Beneficiary may deliver to Trustee a written declaration of default and demand for sale. Trustee shall have the ower of sale of the Property and if Beneficiary decides the Property is p to be sold it shall deposit with Trustee this Deed of Trust and the Note or notes and any other documents evidencing expenditures secured hereby, and shall deliver. to Trustee a written notice of default and election to cause the Property to be sold, and Trustee, in turn, shall prepare a similar notice in the form required by law, which shall be duly filed for record by Trustee. (a) After the lapse of such time as may be required by law following the recordation of 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 the Property hereinbefore described, and any and every part thereof, in separate parcels or en masse as the Trustee 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 auction to the highest bidder, the purchase price payable in cash in lawful money of Page 6 of 12 L