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5 201504188 discretion shall deem proper. Upon request, Trustor shall furnish Beneficiary with executed copies of all Leases. In addition, all renewals of Leases and all proposed Leases shall provide for rental rates comparable to existing local market rates (taking into account reasonable free - rent periods or other promotional discounts consistent with local market conditions) and shall be arm's length transactions. All Leases shall provide that they are subordinate to this Deed of Trust, and that the lessee attorns to Beneficiary. 10. Authorized Entry; Inspections. Beneficiary, or its agents, representatives or workmen, are authorized to enter at any reasonable time upon or in any part of the Property for the purpose of inspecting the same and for the purpose of performing any of the acts it is authorized to perform under the terms of any of the Loan Documents. 11. Transfer of Property. Trustor shall not sell or transfer all or any part of the Property or any interest therein, including, but not limited to, by an option to sell, a sale or transfer by deed or by land contract or by contract for deed, to any party other than an Affiliate of Trustor without Beneficiary's prior written consent, which consent shall not be unreasonably withheld. The term "Affiliate" as used herein shall mean any entity controlling, under common control with or controlled by Trustor. In the event of a violation of the provisions of this Section 11, Beneficiary may, at Beneficiary's option, declare all Obligations secured by this Deed of Trust to be immediately due and payable. If Beneficiary exercises the foregoing option to accelerate, Beneficiary shall mail to Trustor a notice of acceleration which notice shall provide a period of not less than twenty (20) days from the date the notice is mailed within which Trustor must pay the sums declared due. If Trustor fails to pay such sums prior to the expiration of such period, Beneficiary may, without further notice or demand on Trustor, invoke any remedies granted or permitted herein or provided by law. 12. Default. Any default of any of the provisions of this Deed of Trust by Trustor or any default under and as defined in any other Loan Document shall, after giving effect to applicable cure periods, constitute an event of default (an "Event of Default ") under this Deed of Trust. 13. Certain Remedies. Without limiting the rights of the Beneficiary under the Loan Documents and in addition to any other rights or remedies available to Beneficiary at law or in equity, upon the occurrence of an Event of Default, the Beneficiary may exercise any one or more of the following rights: (a) Beneficiary may enter upon, take immediate possession of, manage, and operate the Property or any part thereof; make repairs and alterations and do any acts which Beneficiary deems reasonably proper and necessary or advisable to protect the security hereof, including but not limited to those granted Beneficiary pursuant to the other Loan Documents; and either with or without taking possession, in its own name, sue for or otherwise collect and receive Rents, issues and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable attorneys' fees and the Beneficiary's costs, upon the Obligations and in such order as Beneficiary may determine. Upon request of Beneficiary, Trustor shall assemble and make available to Beneficiary at the Real Property any of the Property which has been removed therefrom. The entering upon and taking possession of the Property, the collection of any Rents, issues or profits and the application thereof as aforesaid shall not cure or waive any default theretofore or thereafter occurring or affect any Notice of Default hereunder or invalidate any act done pursuant to any such notice. Notwithstanding Beneficiary's continuance in possession