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iL <br />ARTICLE IV <br />EXPENSES AND INDEMNIFICATION <br />SECTION 4.1. Expenses. Upon written demand, Trustor (a) shall reimburse Beneficiary for all <br />out -of- pocket expenses, including reasonable attorneys' fees and expenses, paid or incurred by Beneficiary in <br />connection with (i) any default or alleged default, (ii) the perfection, protection, exercise or enforcement of any <br />right or remedy under or with respect to this Deed of Trust or any other Loan Document, and (iii) the execution, <br />delivery, administration or performance of this Deed of Trust or any other Loan Document and any consent or <br />waiver thereunder and any amendment thereof, or (b) if an Event of Default occurs, shall reimburse Beneficiary for <br />all out -of- pocket expenses, including reasonable attorneys' fees and expenses, (i) paid or incurred by Beneficiary in <br />connection with (A) such Event of Default and collection, bankruptcy, insolvency and enforcementfroceedings <br />resulting therefrom or (B) the exercise or enforcement of any right or remedy under or with respect to this Deed of <br />Trust or any other Loan Document or (ii) otherwise paid or incurred with respect to this Deed of Trust or any other <br />Loan Document, together, in each case, with interest thereon at the Default Rate from the date paid by Beneficiary <br />through the date repaid to Beneficiary, as the case may be. All such funds advanced in the reasonable exercise of <br />Beneficiary's judgment that the same are needed to protect the Subject Property, the lien of this Deed of Trust, or <br />the Obligations are to be deemed obligatory advances hereunder and shall constitute additional indebtedness secured <br />by this Deed of Trust. The obligations of Trustor under this Section shall be part of the Obligations and shall <br />survive any foreclosure or transfer in lieu of foreclosure of this Deed of Trust and the release of this Deed of Trust. <br />SECTION 4.2. Indemnification. To the fullest extent permitted by law, Trustor shall protect, <br />defend, indemnify and save harmless Beneficiary, and its stockholders, members, directors, managers, officers, <br />employees, beneficial owners, attorneys, agents and other representatives or affiliates of, and partners in, <br />Beneficiary (each an "Indemnified Person ") from and against any and all liabilities, losses, actions, fines, <br />injunctions, obligations, claims, damages (whether direct or consequential), penalties, causes of action, costs and <br />expenses of any kind or nature (including, without limitation, in respect of or for reasonable attorneys' fees and <br />expenses whether incurred within or outside the judicial process), imposed upon or incurred by or asserted against <br />any such Indemnified Person including, without limitation, by reason of (i) this Deed of Trust or the Subject <br />Property or any interest therein or receipt of any Rents; (ii) any accident, injury to or death of persons or loss of or <br />damage to property occurring in, on or about the Subject Property or any part thereof or on the adjoining sidewalks, <br />curbs, adjacent property or adjacent parking areas, streets or ways; (iii) any failure on the part of Trustor to perform <br />or comply with any of the terms of this Deed of Trust; (iv) any violation or failure to comply with any Legal <br />Requirement by Trustor or the Property in any way; and (v) performance of any labor or services or the furnishing <br />of any materials or other property in respect of the Subject Property or any part thereof, provided that any claims <br />arising out of the willful misconduct or gross negligence of any Indemnified Person or act of any Indemnified <br />Person after taking title to the Property shall be excluded from the foregoing indemnification of such Indemnified <br />Person. Any amounts payable to Beneficiary by reason of the application of this Section 4.2 shall be secured by this <br />Deed of Trust as an Obligation and shall become immediately due and payable and shall bear interest at the Default <br />Rate from the date loss or damage is sustained by Beneficiary until paid. The obligations and liabilities of Trustor <br />under this Section 4.2 shall survive any termination, satisfaction, assignment, entry of a judgment of foreclosure or <br />delivery of a deed in lieu of foreclosure of this Deed of Trust and the exercise of any rights or remedies by <br />Beneficiary. <br />SECTION 4.3. Interest. If any Obligation arising hereunder (including, to the extent permitted <br />under applicable law, any interest obligation) shall not be paid when due, such Obligation shall bear interest at the <br />Default Rate commencing from the due date through the date paid. Such interest shall be part of the Obligations <br />and shall be secured by this Deed of Trust. <br />SECTION 4.4. Increased Costs: Change of Taxation. In the event of the enactment after the <br />date hereof of any applicable law deducting from the value of the Property for the purpose of taxation of any lien <br />thereon or changing in any way the applicable taxation of mortgages, deeds of trust or other liens or obligations <br />secured thereby, or the manner of collection of such taxes, so as to affect this Deed of Trust, the Obligations or <br />Beneficiary, upon demand by Beneficiary, to the extent permitted under applicable law, Trustor shall pay or <br />reimburse Beneficiary for all taxes, assessments or other charges which Beneficiary is obligated to pay as a result <br />111/150348.02.00 12 <br />010499/1956/35239.00196 <br />