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200407611 not remove, tear down, or otherwise destroy any of the buildings on the above described real estate unless written permission is received by the Beneficiary. E. Trustor agrees to maintain a general liability policy on the building and real property, naming Trustee and Beneficiary as additional named insured and shall ` contain minimum limits of liability of 100/300/100. TRUSTOR covenant and agree that a failure to make any payment, either principal or interest on the note secured hereby when due and payable, or a failure to comply with any of the covenants and agreements herein shall cause the whole sum of money hereby secured to become due and collectible at once at the option of the Beneficiary, and Beneficiary shall have the right to cause Notice of Default to be given and the premises to be sold as provided herein. In addition, the following shall constitute a default under this Deed of Trust: A. A writ of execution or attachment or any similar process shall be entered against Trustor which shall become a lien on the property or any portion thereof or interest therein; B. There shall be filed by or against Trustor an action under any present or future federal, state or other statute, law or regulation relating to bankruptcy, insolvency or other relief for debtors; or there shall be appointed any trustee, receiver or liquidator of Trustor, or of all or any part of the Property, or the rents, issues or profits thereof, or Trustor shall make any general assignment for the benefit of creditors. It is mutually agreed that: A. At any time and from time to time upon written request of Beneficiary, payment of fees and presentation of this Trust Deed and the Note for endorsement ( in case of full reconveyance for cancellation and retention), without affecting the liability of any person for the payment of the indebtedness, Trustee may (a) consent to the making of any map or plat of said property; (b) join in granting any easement or creating any restriction thereon; (c) join in any subordination or other agreement affecting this Trust Deed or the lien or charge thereof; (d) reconvey, without warranty, all or any part of said property. B. The grantee in any reconveyance may be described as "the person or persons entitled thereto', and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof. C. Upon default by Trustor, NATHAN DETROIT'S, INC. and ROBERT MAHOOD, Individually, in the payment of any indebtedness secured hereby or in the performance by Trustor of any agreement hereunder, or a breach of or default 3