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202105677 <br />3.8 Actions by Lender or Trustee. If Trustor fails to make any payment or to do any act required hereby, <br />Lender or Trustee may, each in its sole discretion, but without obligation so to do, without releasing Trustor from <br />any obligation, and with only such notice to or demand upon Trustor as is reasonable under the circumstances, but in <br />no event exceeding five days' prior written notice, make or do the same in such manner and to such extent as Lender <br />or Trustee may deem necessary or appropriate, including: (a) entering upon and taking possession of the Trust <br />Estate and otherwise exercising its rights and remedies hereunder and under the other Loan Documents; (b) taking <br />such actions and making such additions, alterations, repairs and improvements to the Trust Estate as Lender or <br />Trustee reasonably may consider necessary or appropriate to keep the Trust Estate in good condition and repair or <br />otherwise to protect the value or security of any of the Trust Estate, including payment of Impositions and insurance <br />premiums; and (c) taking such actions as Lender or Trustee reasonably may consider necessary or appropriate to <br />protect the priority, validity and enforceability of the lien of this Deed of Trust on the Trust Estate. Trustor shall, <br />immediately upon demand by Lender or Trustee, as the case may be, pay to Lender or Trustee all amounts expended <br />by Lender or Trustee, including all costs and expenses reasonably incurred by Lender or Trustee in connection with <br />the exercise by Lender or Trustee of the foregoing rights (including costs of evidence of title, court costs, appraisals, <br />surveys, fees of receivers, and reasonable attorneys' fees), together with interest at the rate of 10% on such amounts <br />from the date incurred until paid. <br />3.9 Prohibited Transactions. In order to induce Lender to make the Loan, Trustor agrees that, upon the <br />occurrence of a Prohibited Transaction (as defined in the Loan Agreement) without the prior written consent of <br />Lender, in Lender's sole discretion, Lender shall have the absolute right, at its option, without prior demand or <br />notice, to declare all sums secured hereby immediately due and payable. In connection with any request for consent <br />to a Prohibited Transaction, Trustor agrees to pay Lender such fees and other amounts as Lender may require, as <br />consideration to Lender in connection with, and as a condition precedent to, any such matter. <br />3.10 No Liens or Encumbrances. Trustor covenants not to grant or suffer to exist, and Trustor covenants to <br />pay and promptly discharge, at Trustor's sole cost and expense, all Liens upon the Trust Estate, other than Permitted <br />Exceptions. Trustor covenants to notify Lender immediately in writing of any such Lien. Except as otherwise <br />provided in this Deed of Trust with respect to Impositions, Trustor may contest in good faith the validity of any <br />involuntary Lien, provided Trustor shall first deposit with Lender a bond or other security satisfactory to Lender in <br />such amount as Lender shall reasonably require, but not more than 150% of the amount of the claim, and provided <br />further that if Trustor loses such contest, Trustor will thereafter diligently proceed to cause such Lien to be removed <br />and discharged, at Trustor's sole cost and expense. If Trustor fails to remove or discharge any Lien, then, in <br />addition to any other right or remedy of Lender or Trustee, Lender or Trustee may, after only such notice to Trustor <br />as may be reasonable under the then existing circumstances, but shall not be obligated to, discharge the same, either <br />by paying the amount claimed to be due, or by procuring the discharge of such Lien by depositing in a court a bond <br />or the amount claimed or otherwise giving security for such claim, or by procuring such discharge in such manner as <br />is or may be prescribed by law. Trustor shall, immediately upon demand therefor by Lender or Trustee, pay to <br />Lender or Trustee an amount equal to all amounts expended by Lender or Trustee, including all costs and expenses <br />incurred by Lender or Trustee in connection with the exercise by Lender or Trustee of the foregoing rights, together <br />with interest thereon from the date of each such expenditure at the rate of 10% per annum. Such costs and expenses <br />shall be secured by the Liens in favor of Lender, including the lien of this Deed of Trust, and are part of the Secured <br />Obligations. <br />3.11 Periodic Appraisals. Lender may require an appraisal of the Premises, or an update to a previously <br />provided appraisal of the Premises, indicating the present appraised fair market value thereof: (a) if Lender <br />determines in good faith that an appraisal is required as a result of (i) any law, regulation or guideline or any change <br />or interpretation thereof; or (ii) any central bank or other fiscal, monetary or other Government Authority having <br />jurisdiction over Lender or its activities requesting, directing or imposing a condition upon Lender (whether or not <br />such request, direction or condition shall have the force of law); (b) at any time after the occurrence and during the <br />continuance of a Default; or (c) at any other time that Lender, in its reasonable discretion deems it appropriate. <br />Appraisals and updates pursuant to subsections (a) and (b) shall be at Trustor's sole cost and expense. Appraisals <br />and updates pursuant to subsection (c) shall be at Lender's sole cost and expense; provided, however, that Lender <br />may charge Trustor for one such appraisal or update for the Premises in each calendar year during the continuance <br />6 <br />4818-7782-1423 <br />