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201901174 and all property therefrom, and may hold, operate and manage the same and receive all earnings, income, rents, issues and proceeds accruing with respect thereto or any part thereof, whether during the pendency of any foreclosure or Trustee's sale under the power of sale granted herein or otherwise or until any right of redemption shall expire or otherwise. (f) Taking Possession, Collecting Rents, Etc. Beneficiary may enter and take possession of the Mortgaged Premises or any part thereof and manage, operate, insure, repair and improve the same and take any action which, in Beneficiary's judgment, is necessary or proper to conserve the value of the Mortgaged Premises. Beneficiary may also take possession of, and for these purposes use, any and all personal property contained in the Mortgaged Premises and used in the operation, rental or leasing thereof or any part thereof. Beneficiary shall be entitled to collect and receive all earnings, revenues, rents, issues and profits of the Mortgaged Premises or any part thereof (and for such purpose Grantor does hereby irrevocably constitute and appoint Beneficiary its true and lawful attorney-in-fact for it and in its name, place and stead to receive, collect and receipt for all of the foregoing, Grantor irrevocably acknowledging that any payment made to Beneficiary hereunder shall be a good receipt and acquittance against Grantor to the extent so made) and to apply same to the reduction of the indebtedness hereby secured. The right to enter and take possession of the Mortgaged Premises and use any personal property therein, to manage, operate and conserve the same, and to collect the rents, issues and profits thereof, shall be in addition to all other rights or remedies of Trustee and/or Beneficiary hereunder or afforded by law, and may be exercised concurrently therewith or independently thereof. The reasonable costs and expenses (including any reasonable receiver's fees, counsels' fees, costs and agent's compensation) incurred pursuant to the powers herein contained shall be so much additional indebtedness hereby secured which Grantor promises to pay upon demand together with interest at the Default Rate. Neither Trustee nor Beneficiary shall be liable to account to Grantor for any action taken pursuant hereto other than to account for any rents actually received by Trustee or Beneficiary. Without taking possession of the Mortgaged Premises, Beneficiary may, in the event the Mortgaged Premises becomes vacant or is abandoned, take such steps as it deems reasonably appropriate to protect and secure the Mortgaged Premises (including hiring watchmen therefor) and all costs incurred in so doing shall constitute so much additional indebtedness hereby secured payable upon demand with interest thereon at the Default Rate. (g) Right of Redemption. Upon the filing of notices of default, Trustee must allow for a one-month grace period following the filing of the notice of default. During this period, the borrower, grantor or any beneficiary under a subordinate deed of trust may pay Beneficiary the entire amount due under the terms of the Deed of Trust, the costs and expenses incurred in enforcing the terms, and related obligations other than the principal portion that would not be due had no default occurred, in order to cure the default and avoid the forced property sale. The right of redemption will be extinguished upon (a) the execution of the trustee's power of sale, upon the execution of trustee's deed to the purchaser; or (b) a foreclosure action is brought at the time of the confirmation of the sale by the court. -13-