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202503548 agreements (the "Note"); (b) the payment of other sums advanced by Beneficiary to protect the security of the Note; (c) the performance of all covenants and agreements of Trustor set forth herein; and (d) all present and future indebtedness and obligations of Trustor to Beneficiary, whether direct, indirect, absolute, or contingent and whether arising by note, guaranty, overdraft, or otherwise. The Note, this Deed of Trust, and any and all other documents securing the Note or otherwise executed in connection therewith, including without limitation guarantees, security agreements, and assignments of leases and rents, shall be referred to herein as the "Loan Instruments". To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as follows: 1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan Instruments. 2. Title. Trustor is the owner of the Property and has the right and authority to execute this Deed of Trust in respect to the Property. The Trustor further warrants that the execution and delivery of this Deed of Trust does not violate any contract or other obligation to which Trustor is subject. 3. Taxes and Assessments. To pay, when due, all taxes, special assessments and all other charges against the Property, before the same become delinquent, and, in the event Beneficiary shall so require, to add to the payments required under the Note secured hereby, such amount as may be sufficient to enable Beneficiary to pay such taxes, assessments or other charges as they become due. 4. Repair, Maintenance, and Use. To not commit waste on or damage to the Property and to use due care to prevent others from so doing; to keep the Property in good condition and repair; to keep the Property free from mechanics or other liens not expressly subordinated to the lien hereof; to not make, suffer or permit any nuisance to exist nor to diminish or impair the value of the Property by any act or omission to act; and to comply with all requirements of law with respect to the Property. 5. Insurance. At all times during the term hereof to keep the Property insured against damage by fire, hazards included within the term "extended coverage", and such other hazards as Beneficiary may require, in an amount of not less than the replacement value thereof and with companies acceptable to Beneficiary, including a standard mortgagee clause with loss payable to the Beneficiary and containing an additional provision that the policy cannot be canceled without prior written notice to the Beneficiary. In case of loss under such policies, the Beneficiary is authorized to adjust, collect and compromise all claims thereunder and shall have the option of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby and in such order as Beneficiary may determine, (ii) to the Trustor to be used for the repair or restoration of the Property, or (iii) for any other purpose or object satisfactory to Beneficiary without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment ever took 2