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02- 0 p OIC492 11 with a tax service firm who will provide to Beneficiary on or about the same times each year, receipts evidencing the payment of all such taxes, assessments, levies, fees and other public charges imposed upon or assessed against the Trust Property. (b) In the event of the passage of any state, Federal, municipal or other governmental law, order, rule or regulation subsequent to the date hereof (i) deducting from the value of real property for the purpose of taxation any lien or encumbrance thereon or in any manner changing or modifying the laws now in force governing the taxation of this Deed of Trust or debts secured by mortgages (other than laws governing income, franchise and similar taxes generally) or the manner of collecting taxes thereon and (ii) imposing a tax to be paid by Beneficiary, either directly or indirectly, on this Deed of Trust, the indebtedness secured hereby or any of the Loan Documents or to require an amount of taxes to be withheld or deducted from any payments of interest and /or principal made in respect thereof, Grantor will promptly notify Beneficiary of such event. In such event Grantor shall (i) agree to enter into such further documents or instruments as may be reasonably necessary or desirable to obligate Grantor to make any applicable additional payments and (ii) Grantor shall make such additional payments. If Grantor is not permitted by law to do that which is required by the preceding sentence, Beneficiary shall be entitled to exercise any or all of its rights and remedies under the Loan Documents including the right to accelerate the Secured Obligations. (c) At any time that an Event of Default shall occur hereunder, or if required by any law applicable to Grantor or to Beneficiary, Beneficiary shall have the right to direct Grantor to make an initial deposit on account of real estate taxes and assessments, insurance premiums and common area charges, levied against or payable in respect of the Trust Property in advance and thereafter semiannually, each such deposit to be equal to one -half of any such annual charges estimated by Beneficiary in order to accumulate with Beneficiary sufficient funds to pay such taxes, assessments, insurance premiums and charges. SECTION 1.04. Payment of Closing Costs. Grantor shall pay all costs in connection with, relating to or arising out of the preparation, execution and recording of this Deed of Trust, including title company premiums and charges, inspection costs, survey costs, recording fees and taxes, attorneys', engineers', appraisers' and consultants' [NYCorp; 1105401 .3:DPCO2:11 /11/00- 12:05a] (Hall County)