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2oioos�s� collection o� such rents, issues and prafi�s, and the application thereof as afaresaid, shall not waive or cure any default or notice of default hereunder, ar invalidate any act done pursuant to such notice. Trustor assigns to Beneficiary, as �urther security for the performance of the indebtedness and obligations secured hereby, all prepaid rents and all moneys which may have been or may hereafter be deposited with Trustor by any lessee af the Property, to secure the payment af any rent or damages, and upon default in the performance ot any of the provisions hereof, Trustar agrees to deliver such rents and deposits to Beneficiary. Delivery o� writ�en notice of Beneficiary's exercise of the rights granted by this parag�aph THTRD to any tenant occupying th� Property or any portion thereof sha11 be sufficient ta require said tenant to pay said rent to Ben�ficiary un�il further notice. FOURTH: If there shall be filed by ar against the Trustor any pe�ition or proceeding seek�ng an arrangement a� composition or extension or any other relief under or pu�suant to the Federal Bankruptcy Code o� any other similar statute as now or hereafter in effect, or if the Trustor shall be adjudica�ed bankrupt or insolvent or any of Trustor's property shall have been seguest�red and such decree shall have continued undischarged and unstayed for ninety (90) days after the entry thereaf, then the whdle of th� No�e 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 of ar performance of the terms and conditions of the Nate, or any renewals, madifications or �xecutions thereof, the payment of any othe� indebtedness secured hereby or in the performance af any agreement, covenant or warranty herein cantained or set f�rth in any agreement ar instrumen� executed by Trustor in connectian with the indebtedness hereby secured, Beneficiary may declare all sums secured hereby immediately due and payable and the same sha11 thereupon become due and payable w�thout presentment demand, protest or notice of any kind. Thereafter, Beneficiary may deliver ta Trustee a written declaration of default and demand for sale. Trustee sha11 have the pow�r of sale of the Property and if Beneficiary decides the Property is to be sold, it sha11 deposit with Trustee this Deed of trust and the Note or notes and any ather documents evidencing expenditures secured her�by, and shall d�liver to Trus�ee a written notice of default and election to cause the Property �o be sold, and Trustee, �n turn, shall p�epare a similar notice in the form required by law, which shall be duly filed for record by Trustee. (a) After the lapse o� such time as may be required by law following the r�cordation ot Natic� nf Default, and Notice of Default and Notic� of Sale having b�en qiven as required by law, Trustee, without demand on Trustor, shall sell the Property hereinbefare 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 Sa1e, at public aucti�n to th� highest bidder, the purchase price payable in cash in lawful money of the United States at the time of sale. The person canducting the sale may, for any cause he or she deems expedient, postpone the sale from time to time until it shall be completed and, in every such case, natice of postponement shall be given by public declaration thereof by such person at the time and place last appainted for the sale; pravided, if the sale is postponed for longe� than one (1) day beyond the day designated in the Notice ofi Sale, notice thereof sha11 be given in �he same manner as the original Notice of Sale. Trustee sha11 execute and deliver to the purchaser its Deed conveying the prnperty so sald, but without any covenant or warranty, express or implied. The recitals in the Deed df any matt�rs or facts shall b� conclusive proof of the truth£ulness thereof. Any person, including without limitatian, B�neficia�y or Trustee may purchase at the sal�. Said sale shall �.^�