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200007908 <br />8. Performance by Lender. Upon the occurrence of an Event of Default hereunder, or if any act is <br />taken or legal proceeding commenced, which materially affects Lender's interest in the Property, Lender <br />may in its own discretion, but without obligation to do so, and without notice to or demand upon Trustor <br />and without releasing Trustor from any obligation, do any act which Trustor has agreed but fails to do and <br />may also do any other act it deems necessary to protect the security hereof. Trustor shall, immediately <br />upon demand therefor by Lender, pay to Lender all costs and expenses incurred and sums expended by <br />'a Lender in connection with the exercise by Lender of the foregoing rights, together with interest thereon at <br />the default rate provided in the Note, which shall be added to the indebtedness secured hereby. Lender <br />shall not incur any liability because of anything it may do or omit to do hereunder. <br />9. Hazardous Materials. Trustor shall keep the Property in compliance with all applicable laws, <br />ordinances and regulations relating to industrial hygiene or environmental protection (collectively referred <br />to herein as "Environmental Laws "). Trustor shall keep the Property free from all substances deemed to be <br />hazardous or toxic under any Environmental Laws (collectively referred to herein as "Hazardous <br />Materials "). Trustor hereby warrants and represents to Lender that there are no Hazardous Materials on or <br />under the Property. Trustor hereby agrees to indemnify and hold harmless Lender, its directors, officers, <br />employees and agents, and any successors to Lender's interest, from and against any and all claims, <br />damages, losses and liabilities arising in connection with the presence, use disposal or transport of any <br />Hazardous Materials on, under, from or about the Property. THE FOREGOING WARRANTIES AND <br />REPRESENTATIONS, AND TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREGOING <br />INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF TRUST. <br />10. Assignment of Rents. Trustor hereby assigns to Lender the rents, issues and profits of the <br />Property, provided that Trustor shall, until the occurrence of an Event of Default hereunder, have the right <br />to collect and retain such rents, issues and profits as they become due and payable. Upon the occurrence of <br />an Event of Default, Lender may, either in person or by agent, with or without bringing any action or <br />proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter <br />upon and take possession of the Property, or any part thereof, in its own name or in the name of the <br />Trustee, and do any acts which it deems necessary or desirable to preserve the value, marketability or <br />rentability of the Property, or any part thereof, or interest therein, increase the income therefrom, or protect <br />the security thereof, and, with or without taking possession of the Property, sue for, or otherwise collect, <br />the rents, issues and profits thereof, including those past due and unpaid, and apply the same, less costs and <br />expenses of operation and collection including attorney's fees, upon any indebtedness secured hereby, all in <br />such order as Lender may determine. The entering upon and taking possession of the Property, the collec- <br />tion of such rents, issues and profits and the application thereof as aforesaid, shall not cure or waive any <br />default or notice of default hereunder or invalidate any act done in response to such default or pursuant to <br />such notice of default and, notwithstanding the continuance in possession of the Property or the collection, <br />receipt and application of rents, issues or profits, and Trustee and Lender shall be entitled to exercise every <br />right provided for herein or by law upon occurrence of any Event of Default, including without limitation <br />the right to exercise the power of sale. Further, Lender's rights and remedies under this paragraph shall be <br />cumulative with, and in no way a limitation on, Lender's rights and remedies under any assignment of <br />leases and rents recorded against the Property. Lender, Trustee and the receiver shall be liable to account <br />only for those rents actually received. <br />11. Events of Default. The following shall constitute an Event of Default under this Deed of <br />Trust: <br />(a) Failure to pay any installment of principal or interest or any other sum <br />secured hereby when due; <br />(b) A breach of, or default under, any provision contained in the Note, this <br />Deed of Trust, any of the Loan Instruments, or any other lien or encumbrance upon the <br />Property; <br />