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201903152 Beneficiary any duty to perform or discharge any obligation, duty or liability under any of the Leases, or under or by reason of this assignment and the acceptance of the assignment of Leases and Rents, with all of the rights, powers, privileges and authority so created, shall not under any circumstances be deemed or construed to constitute Beneficiary a mortgagee -in -possession, or in control of, or a partner or joint venturer, with Trustor. Trustor shall and does hereby agree to indemnify and to hold Beneficiary harmless for, from and against any liability, loss or damage which it might incur under any Lease or under or by reason of this assignment and from any claims and demands whatsoever which may be asserted against Beneficiary by reason of an alleged obligation or undertaking on Beneficiary's part to perform or discharge any of the terms, covenants or agreements contained in the Leases. In further pursuance of this assignment, and not in lieu hereof, Trustor shall on demand give Beneficiary separate specific assignments of Rents and Leases covering some or all of the Leases, the terms of such assignments being incorporated herein by reference. Unless otherwise specified by Beneficiary in writing, all existing and future Leases for the use or occupancy of all or any part of the Mortgaged Property shall be subordinate and inferior to the lien of this Deed of Trust. Trustor shall not, without the prior written consent of Beneficiary first obtained, collect, accept or anticipate any rent from any lessee or Tenant for a period of time in excess of one (1) month prior to the due date, or accrual of such rent, whichever first occurs. B. Provided an Event of Default has occurred and is continuing, Beneficiary is hereby authorized to notify the property manager and all lessees and Tenants of the Mortgaged Property of the existence of any and all such assignments. Trustor hereby authorizes and directs the property manager and all the lessees and Tenants of the Mortgaged Property that, upon written notice from Beneficiary, all payments required under said Leases, or in any way respecting same, shall be made directly to Beneficiary as they become due. Trustor hereby relieves the property manager and said lessees and Tenants from any liability to Trustor by reason of said payments being made to Beneficiary. C. Beneficiary hereby grants to Trustor a revocable license (the "Rental License") to collect all Rents and/or payments under the Leases, but after an Event of Default and during the continuation thereof, the Rental License to collect Rents and payments shall automatically terminate and be revoked and to the extent Trustor collects any Rents thereafter accruing or paid, Trustor covenants to hold all such Rents in trust for the use and benefit of Beneficiary. After an Event of Default and during the continuation thereof, Rents shall thereupon be deemed to be cash collateral for all purposes, including without limitation for purposes of Section 363 of Title 11 of the United States Code, as the same may be amended 12