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2� 15�8�57 and shall ne�ther impair nor dimin�sh the obligations of Trus�or under the Leases nor obligate or impose upan Beneficiary any duty to p�rform or dis�harge any obl�gation, duty or liabiYity under any of the Leases, or under or by reason af this assignment and the acceptance �f the assignment of Leases and Rents, with aIl af the rights, powers, privileges and authority so created, shall not under any � circumstances be deemed �r cflnstrued to canstitute Beneficiary a mortgagee-in- possession, or in con�rol �f, or a partner or j oint venturer, with Trustor. Trustar sha11 and does hereby agree to indemnify and to hold Beneficiary harmless for, fram and against any�iability,�oss or damage which it might incur under any Lease or under or by reason of this assignment and from any claims and demands Whatsoever which may be asserted against Beneficiary by reason of an aileged abligation or under�aking on Beneficiary's part to perform or discharge any af the terms, cov�nants or agreements contained in the Leas�s. In further pursuance of this assignment, and not in Iieu here�f, Trustor sha�i an demand give Beneficiary separate spe�ific assignments of Rents and Leases covering some or all of the Leases, the terms of such assignments being incarporated herein by reference. Unless oth�rwise specified by Beneficiary in writing, all�xisting and future Leases far the use or occupancy of all or any par� of the Mortgaged Praperty shal� be subordinate and inferior to the lien of this Deed of Trust. Trustor shall not,withaut � �he prior written consent of Beneficiary frst obta�ned, co�lect, accept or anticipate any r�n� from any lessee or T�nant for a period of time in excess of one ��}month prior ta the due date,or accrual of such rent,whiche�er first occurs. B. Pra�ided an E�ent of Defau�t has occurred and is continuing b�yand any applicable notice or cure period of an Event of I]efau�t hereunder,under the Loan Agreement, or under the Nate or the other Loan Documents, Beneficiary is h�reby autharized to notify the property manager and al� lessees and Tenants of the Mortgaged Property of the existence of any and all such assignmen�s. Trus�or hereby authorizes and directs th� property manager and all the lessees and Tenants of the Mortgaged Property that, upan written notiCe from Beneficiary, all payments required under said Leases, or in any way respecting same, shall be made direct�y �o Beneficiary as they become due. Trus�or hereby reliev�s the property manager and sa�d lessees and Tenar�ts from any l�ability to Trustor by reason of said payments being made to Beneficiary. �. Benefic�ary hereby grants ta Trustor a re�ocable license �the "Ren�a1 License"} to � eollect al1 Rents andlor payments under the Leas�s, but aft�r an Event of I]efault and during the continuation �hereof, the Rental License ta collect R�nts and payments shall automatically �erminate and b� revoked and to the extent Trustar collects any Rents thereafter accruing �r paid, Trustor covenants ta h�ld all such Rents in trust for the use and benef t of Beneficiary. After an Event of Default and during the continuatifln �hereof, Rents shall thereupon be deemed to be cash collatera� far all purposes, including without limitation for purposes of Sec�ion 363 of Title 11 of the United Stat�s�ode,as the same may be amended D. Trustar agrees tha� upon or at any time af�er �1� the �ccurrence and continuance beyand any app�icable grace or cure period of an E�ent of Default hereunder, under the Loan Agreement, ar under the No�e or th�other Loan Documents, or�2} 11