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i3. Future Advances. Upon request. of Trustor, Beneficiary, at Beneficiary's option, prior to reconvc~yance of the Property to the Trustor, may make future advances to the Trustor. Such future advances, with interest thereon. shall be secured by this Trust Deed when evidenced by promissory notes stating that said notes are secured hereby; provided that at no time shall the secured principal, future advances, not including sums advanced to protect the security, exceed one hundred per- cent (100go) of. the original principal amounts secured hereby. 14. Remedies Cumulative. All remedies provided in this Trust Deed are distinct and cumulative to any other right or remedy under this Trust Deed or afforded by law or equity, and may be exercised concurrently, independently or successively. 15. Acceleration; Remedies; Sale. Upon default by Trustor in the payment of any indebtedness secured hereby or in the per- formance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of written declaration of default. The Trustee shall have the power of sale of thr property and if Benefi- ciary desires the 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 the Property to be sold, and the Trustee in turn shall prepare a similar Notice in the form required by law, cahich 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 said notice of default., and notice of default and notice of sale having been gi-ven as required by law, Trustee, with- out demand on Trustor, shall sell the Property on the date and at the time and place designated in said notice of sale, at public auction to the high- est 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 last appointed for the sale; provided, i:f the sale is postp9ned for longer than (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 his Deed conveying the Property sold, but without any covenant or warranty, express, or implied. ThQ recitals 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. (b) When Trustee sells pursuant to the powers herein, the 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 the TrusCee's Fees actually incurred, and then to the items in subparagraph (c) in the order there stated. (c) After paying the items specified in subparagraph (b) if the sale is by Trustee, or the proper court and other costs of foreclosure and sale if the sale is pursuant to judicial £oreclosure, the proceeds of sale shall be applied in [he order stated to the • payment of: (i} Cast of any evidence of title procured in connection -with such sale and of any revenue scamps; -5-