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postpone such sale by public announcement at the time and place fixed by the
<br />preceding postponement. The Trustee shall deliver to the purchaser its deed conveying
<br />the property so sold, but without any covenant or warranty, express or implied. The
<br />recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness
<br />thereof. Any person, including the Trustor; the Trustee, or the Beneficiary, may
<br />purchase at such sale.
<br />After deducting all costs, fees, and expenses of the Trustee and of the trust
<br />hereby created, including reasonable attorneys' fees in connection with sale, the
<br />Trustee shall apply the proceeds of sale to payment of all sums advanced or expended
<br />by the Beneficiary or the Trustee under the terms hereof and all outstanding sums then
<br />secured hereby, and the remainder, if any, to the person or persons legally entitled
<br />thereto.
<br />6.4 Trustee Substitution. The irrevocable power to appoint a substitute
<br />trustee or trustees hereunder is hereby expressly granted to the Beneficiary, to be
<br />exercised at any time hereafter, without specifying any reason therefor, by filing for
<br />record in the office where this Deed of Trust is recorded a deed of appointment, and
<br />said pow~r of appointment of successor trustee or trustees may be exercised as often
<br />as and whenever the Beneficiary deems advisable. The exercise of said power of
<br />appointment, no matter how often, shall not be deemed an exhaustion thereof, and
<br />upon recording of such deed or deeds of appointment, the trustee or trustees so
<br />appointed shall thereupon, without further act or deed of conveyance, succeedfo and
<br />become fully vested with identically the same title and estate in and to the Property
<br />hereby conveyed and with all the rights, powers, trusts and duties of the predecessor in
<br />the trust hereunder, with the like effect as if originally named as trustee or as one of the
<br />trustees.
<br />6.5 Trustor's Waivers. To the fullest extent permitted by law, the Trustor
<br />waives: (a) all statutes of limitations as a defense to any action or proceeding brought
<br />against the Trustor by the· Beneficiary; (b) the benefit of all laws now existing or which
<br />may hereafter be enacted providing for any appraisement, valuation, stay, extension,
<br />redemption, or moratorium; (c) all rights of marshalling in the event of foreclosure; and
<br />(d) all presentments, demands for performance, notices of nonperformance, protests,
<br />notices of protest, notices of dishonor, notices of acceptance of this Deed of Trust and
<br />of the existence, creation, or incurring of new or additional indebtedness, and demands
<br />and notices of every kind.
<br />7. Miscellaneous Provisions.
<br />7.1 Successors and Assigns. The covenants and agreements contai.ned in
<br />this Deed of Trust shall bind, and the benefit and advantages hereunder shall inure to,
<br />the respective heirs, executors, administrators, successors, and assigns of the parties;
<br />provided however, nothing in this Section is intended to or shall modify any restrictions
<br />on assignment set forth herein or in the Note or Agreement. As used herein, the words
<br />Exhibit C Page 12 of 16
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