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202505118 made by Borrower. Insurance proceeds shall be applied to restoration or repair of the property damaged, unless both parties otherwise agree, except if restoration or repair is not economically feasible or Lender's security is not lessened. Otherwise, such proceeds shall be paid to Lender to satisfy the obligations of the Note and secured herein, whether or not then due. Upon request, Borrower shall provide Lender with proof that the insurance required by this paragraph is in force. (b) Borrower agrees to properly care for and keep the Property in good order, condition, and repair and to maintain any buildings and improvements on the Property in good order, condition, and repair. Without the prior written consent of Beneficiary, Trustor agrees not to cause or permit any building or improvement which constitutes a part of the Premises to be removed, demolished, or structurally altered, in whole or in part, or any fixture or piece of equipment which constitutes a portion of the Property to be removed, damaged, or destroyed. Borrower agrees not to cause or permit any waste to any building, improvement, fixture, or equipment at any time that constitutes a portion of the Property. Borrower agrees to complete, restore and reconstruct in a good and workmanlike manner to the condition required hereby any improvement on the Premises which may be damaged or destroyed; not to permit any lien of construction, mechanics or materialmen to attach to the Property, to comply with all laws, ordinances, regulations or governmental orders affecting the Property or requiring any alterations or improvements thereto; and to do any other act or acts, all in a timely and proper manner which from the character or use of the Property may be reasonably necessary to protect and preserve the value of such property. (c) Borrower agrees that, as to any alteration, addition, construction, or improvement to be made upon the Property, all plans and specifications therefor shall be approved in writing by Beneficiary prior to the commencement of work. Once commenced, all work thereunder shall be prosecuted with due diligence, and all construction thereof will be fully in accordance with the plans and specifications so approved, and will comply with all laws, ordinances or regulations made or promulgated by any governmental agency or other lawful authority. Should Borrower at any time fail to comply with any governmental notice or demand alleging a failure to comply with any such plan, specification, law, ordinance or regulation, such failure shall, at Beneficiary's option, constitute an Event of Default hereunder. (d) Borrower hereby absolutely and unconditionally assigns to Trustee in trust for Lender all of Borrower's right, title, and interest in and to all future leases and rents for any portion of the Property; it being intended by Borrower that this assignment constitutes a present, absolute assignment and not an assignment for additional security only. Unless otherwise specified by the Beneficiary in writing, all existing and future leases for the use or occupancy of all or any part of the Property shall be subordinate and inferior to the lien of this Deed of Trust. 3