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201901173
<br />excepting therefrom any income tax on interest payments on the principal portion of the
<br />indebtedness hereby secured imposed by the United States or any state) is levied, assessed or
<br />charged, then, unless all such taxes are paid by Grantor to, for or on behalf of Trustee or
<br />Beneficiary, as the case may be, as they become due and payable (which Grantor agrees to do
<br />upon demand of Trustee or Beneficiary, to the extent permitted by law), or Trustee or
<br />Beneficiary, as the case may be, is reimbursed for any such sum advanced by such party, all sums
<br />hereby secured shall become immediately due and payable, at the option of Beneficiary upon
<br />thirty (30) days' notice to Grantor, notwithstanding anything contained herein or in any law
<br />heretofore or hereafter enacted, including any provision thereof forbidding Grantor from making
<br />any such payment. Grantor agrees to exhibit to Beneficiary, upon request, official receipts
<br />showing payment of all taxes and charges which Grantor is required to pay hereunder.
<br />7. Recordation and Payment of Taxes and Expenses Incident Thereto. Grantor will
<br />cause this Deed of Trust, all deeds of trust supplemental hereto and any financing statement or
<br />other notice of a security interest required by Trustee or Beneficiary at all times to be kept,
<br />recorded and filed at its own expense in such manner and in such places as may be required by
<br />law for the recording and filing or for the rerecording and refiling of a deed of trust, security
<br />interest, assignment or other lien or charge upon the Mortgaged Premises, or any part thereof, in
<br />order fully to preserve and protect the rights of Trustee and Beneficiary hereunder and, without
<br />limiting the foregoing, Grantor will pay or reimburse Trustee or Beneficiary, as the case may be,
<br />for the payment of any and all taxes, fees or other charges incurred in connection with any such
<br />recordation or rerecordation, including any documentary stamp tax, intangibles tax or tax
<br />imposed upon the privilege of having this instrument or any instrument issued pursuant hereto
<br />recorded.
<br />8. Insurance. Grantor will maintain all insurance required under the terms of the
<br />Credit Agreement.
<br />9. Damage to or Destruction of Mortgaged Premises.
<br />(a) Notice. In case of any material damage to or destruction of the Mortgaged
<br />Premises or any part thereof, Grantor shall promptly give written notice thereof to
<br />Beneficiary, generally describing the nature and extent of such damage or destruction.
<br />(b) Restoration. In case of any damage to or destruction of the Mortgaged
<br />Premises or any part thereof, Grantor, whether or not the insurance proceeds, if any,
<br />received on account of such damage or destruction shall be sufficient for the purpose, at
<br />Grantor's expense, will promptly commence and complete (subject to unavoidable delays
<br />occasioned by strikes, lockouts, acts of God, inability to obtain labor or materials,
<br />governmental restrictions and similar causes beyond the reasonable control of Grantor)
<br />the restoration, replacement or rebuilding of the Mortgaged Premises as nearly as possible
<br />to its value, condition and character immediately prior to such damage or destruction.
<br />(c) Adjustment of Loss. Grantor hereby authorizes Beneficiary, at
<br />Beneficiary's option, to adjust and compromise any losses under any insurance afforded,
<br />but unless Beneficiary elects to adjust the losses as aforesaid, said adjustment and/or
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