LEGAL OR EQUITABLE REMEDY OR OTHERWISE AS THE BENEFICIARY
SHALL ELECT.
(B)
UPON THE COMPLETION OF ANY SALE OR SALES MADE BY TRUSTEE UNDER OR
BY VIRTUE OF THIS SECTION, TRUSTEE, OR AN OFFICER OF ANY COURT EMPOWERED TO DO
SO, SHALL EXECUTE AND DELIVER TO THE ACCEPTED PURCHASER OR PURCHASERS A GOOD AND
SUFFICIENT INSTRUMENT, OR GOOD AND SUFFICIENT INSTRUMENTS, CONVEYING, ASSIGNING
AND TRANSFERRING ALL ESTATE, RIGHT, TITLE AND INTEREST IN AND TO THE PROPERTY
AND RIGHTS SOLD. TRUSTEE IS HEREBY APPOINTED THE TRUE AND IRREVOCABLE LAWFUL
ATTORNEY OF GRANTOR, IN ITS NAME AND STEAD, TO MAKE ALL NECESSARY CONVEYANCES,
ASSIGNMENTS, TRANSFERS AND DELIVERIES OF THE MORTGAGED PROPERTY AND RIGHTS SO
SOLD, AND FOR THAT PURPOSE THE TRUSTEE MAY EXECUTE ALL NECESSARY INSTRUMENTS OF
CONVEYANCE, ASSIGNMENT AND TRANSFER, AND MAY SUBSTITUTE ONE OR MORE PERSONS WITH
LIKE POWER, GRANTOR HEREBY RATIFYING AND CONFIRMING ALL THAT ITS SAID ATTORNEY,
OR SUCH SUBSTITUTE OR SUBSTITUTES, SHALL LAWFULLY DO BY VIRTUE HEREOF. THIS
POWER OF ATTORNEY SHALL BE DEEMED TO BE A POWER COUPLED WITH AN INTEREST AND NOT
SUBJECT TO REVOCATION. NEVERTHELESS, GRANTOR, IF SO REQUESTED BY TRUSTEE, SHALL
RATIFY AND CONFIRM ANY SUCH SALE OR SALES BY EXECUTING AND DELIVERING TO TRUSTEE
OR TO SUCH PURCHASER OR PURCHASERS ALL SUCH INSTRUMENTS AS MAY BE ADVISABLE, IN
THE JUDGMENT OF TRUSTEE, FOR THE PURPOSE, AND AS MAY BE DESIGNATED IN SUCH
REQUEST. ANY SUCH SALE OR SALES MADE UNDER OR BY VIRTUE OF THIS SECTION WHETHER
MADE UNDER THE POWER OF SALE HEREIN GRANTED OR UNDER OR BY VIRTUE OF JUDICIAL
PROCEEDINGS OR OF A JUDGMENT OR DECREE OF FORECLOSURE AND SALE, SHALL OPERATE TO
DIVEST ALL THE ESTATE, RIGHT, TITLE, INTEREST, CLAIM AND DEMAND WHATSOEVER,
WHETHER AT LAW OR IN EQUITY, OF GRANTOR IN AND TO THE PROPERTIES AND RIGHTS SO
SOLD, AND SHALL BE PERPETUAL BAR BOTH AT LAW AND IN EQUITY AGAINST GRANTOR AND
AGAINST ANY AND ALL PERSONS CLAIMING IN EQUITY AGAINST GRANTOR AND AGAINST ANY
AND ALL PERSON CLAIMING OR WHO MAY CLAIM THE SAME, OR ANY PART THEREOF FROM,
THROUGH OR UNDER GRANTOR.
(C)
TRUSTEE HEREBY LETS THE MORTGAGED PROPERTY TO GRANTOR UNTIL A SALE
IS HELD UNDER THE FOREGOING PROVISIONS THEREFOR, OR UNTIL A DEFAULT OR DEFAULTS
IN ANY OF THE TERMS, COVENANTS, AND CONDITIONS OF THIS DEED OF TRUST, THE CREDIT
AGREEMENT OR ANY OF THE OTHER CREDIT DOCUMENTS UPON THE FOLLOWING TERMS AND
CONDITIONS, TO-WIT: GRANTOR AND EVERY AND ALL PERSONS CLAIMING OR POSSESSING THE
MORTGAGED PROPERTY, OR ANY PART THEREOF, BY, THROUGH, OR UNDER GRANTOR SHALL PAY
RENT THEREFOR DURING SAID TERM AT THE RATE OF ONE CENT PER MONTH, PAYABLE
MONTHLY UPON DEMAND, AND SHALL SURRENDER IMMEDIATE PEACEABLE POSSESSION OF THE
MORTGAGED PROPERTY (AND ANY AND EVERY PART THEREOF) SOLD UNDER THE PROVISIONS OF
THIS DEED OF TRUST TO THE PURCHASER THEREOF UNDER SUCH SALE, WITHOUT NOTICE OR
DEMAND THEREFOR, AND SHALL AND WILL AT ONCE, WITHOUT NOTICE, SURRENDER UP
POSSESSION OF THE MORTGAGED PROPERTY AND EVERY PART THEREOF IN