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-16- 200004084 amount of unpaid loan indebtedness which may be outstanding at the time, which is Seventy -Five Million and 00 /100 Dollars ($75,000,000.00). In addition, this Deed of Trust shall also secure any accrued interest on the indebtedness and all unpaid balances of advances made for the payment of taxes, assessments, insurance premiums, reasonable attorney's fees or costs incurred for the protection of the Premises. Trustor further covenants and agrees to repay all such loan advances with interest, and agrees that the covenants contained in this Deed of Trust shall apply to such loan advances as well. 7.8 Obligations Unconditional. The obligations of Trustor to make payments of any and all amounts due hereunder shall be absolute and unconditional without defense or set -off by reason of any default whatsoever, including, without limitation a default by any tenant of the Premises under any sublease with Trustor or under any other agreement or instrument between Beneficiary and Trustor, and such payments to Beneficiary shall not be decreased, abated, postponed or delayed for any reason whatsoever, including without limitation, any acts or circumstances that may constitute failure of consideration, destruction of or damage to the Premises, the taking of any part of the Premises, commercial frustration of purpose, failure of any person to perform or observe any agreement, whether expressed or implied, or any duty, liability or obligation arising out of or connected with this Deed of Trust, the Notes or any other Loan Document, or failure of any resident or occupant of the Premises to pay the fees, rentals or other charges owed to Trustor, and irrespective of whether or not any such resident or occupant of the Premises receives either partial or total reimbursement as a credit against such payment, it being the intention of the parties that the payments required of Trustor hereunder will be paid in full when due without any delay or diminution whatsoever. 7.9 Substitute Trustee. The Trustee, or if more than one, either of them, may resign by an instrument in writing addressed to Beneficiary, or Trustees may be removed at any time with or without cause by an instrument in writing executed by Beneficiary and recorded among the land records of the jurisdiction in which the Premises is located. In case of the death, resignation, removal, or disqualification of any Trustee, or if for any reason Beneficiary shall deem it desirable to appoint a substitute or successor trustee to act instead of the herein named trustee(s) or any substitute or successor trustees, then Beneficiary shall have the right and is hereby authorized and empowered to appoint successor trustee(s), or substitute trustee(s), without other formality than appointment and designation in writing executed by Beneficiary and the authority hereby conferred shall extend to the appointment of the other successor and substitute trustee(s) successively until the Indebtedness Hereby Secured has been paid in full, or until the Premises is fully and finally sold hereunder. In the event that the Indebtedness Hereby Secured is owned by more than one person or entity, the holder or holders of not less than a majority in the amount of such indebtedness shall have the right and authority to make the appointment of successor or substitute trustee(s) as provided for in the preceding sentence or to remove any Trustee as provided in the first sentence of this Section. Such appointment and designation by Beneficiary, or by the holder or holders of not less than a majority of the Indebtedness Hereby Secured, shall be full evidence of the right and authority to LEASEHOLD DEED OF TRUST 692960.5