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(d) Trustor shall furnish to Beneficiary, within forty -five (45) days after a
<br />request by Beneficiary to do so, a written statement containing the names of all
<br />lessees of the Property, the terms of their respective leases, the spaces occupied
<br />and the rentals payable thereunder and a copy of each such lease.
<br />1.10 Compliance With Laws. Trustor will not commit any waste on or of the
<br />Property or make any change in the use of the Property which will in any way increase
<br />any ordinary fire or other hazard arising out of construction of the Improvements or
<br />operation of the Property, nor will Trustor make any application to any federal, state or
<br />local governmental authority ( "Governmental Authority ") for a change in zoning or a
<br />change in any other law, ordinance, statute, rule, order, decree, directive or regulation
<br />( "Laws ") affecting the Property nor will Trustor consent to any such change without the
<br />written consent of the Beneficiary, which consent will not be unreasonably withheld.
<br />Trustor will at all times comply with all Laws of any Governmental Authority having
<br />jurisdiction over construction of the Improvements or otherwise affecting the Property
<br />and maintain and keep, or cause to be maintained and kept, the Improvements in
<br />good operating order and condition. After completion of the Improvements, they shall
<br />not be removed, demolished or substantially altered; nor shall any of the Fixtures, be
<br />removed, without the prior written consent of Beneficiary, except where appropriate
<br />replacements free of superior title, liens and claims are immediately made having a
<br />value at least equal to the value of the Fixtures so removed.
<br />1.11 Impositions. Trustor shall pay all reasonable costs, fees and expenses of
<br />Trustee, its agents and legal counsel in connection with the performance of its duties
<br />hereunder; and Trustor shall pay all taxes (except federal and state income taxes) and
<br />any other governmental charges or impositions imposed by any Governmental
<br />Authority on Trustee or Beneficiary by reason of their interests in this Deed of Trust.
<br />1.12 Subrogation. Beneficiary shall be subrogated for the full amount,
<br />notwithstanding their release of record at a discount, to any construction, mechanic's
<br />or vendor's lien or liens, superior titles, mortgages, deeds of trust, liens,
<br />encumbrances, rights, equities and charges of all kinds heretofore or hereafter existing
<br />on the Property to the extent that the same are paid or discharged by the Beneficiary.
<br />1.13 Release of Liability or Performance. Without affecting the liability of
<br />Trustor or of any other person who is or shall become bound by the terms of this Deed
<br />of Trust or who is or shall become liable for the performance of any obligation secured
<br />hereby, Beneficiary may, in such manner, upon such terms and at such times as it
<br />deems best and without notice or demand, release any party now or hereafter liable for
<br />the performance of any such obligation, extend the time for such performance, accept
<br />additional security therefor, and alter, substitute or release any property securing
<br />such performance. No exercise or nonexercise by Beneficiary of any of its rights under
<br />this Deed of Trust, no dealing by Beneficiary with any person, firm or corporation and
<br />no change, impairment, loss or suspension of any right or remedy of Beneficiary shall
<br />in any way affect any of the obligations of Trustor hereunder or any security furnished
<br />by Trustor, or give Trustor any recourse against Beneficiary, except with respect to
<br />Beneficiary's gross negligence or willful misconduct.
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