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200206623 <br />postpone the due date of the payments as provided in the Loan Agreement or change <br />the amount of such payments. The entering upon and taking possession of the <br />application thereof as aforesaid, shall not waive or cure any default or notice of <br />default hereunder, or invalidate any act done pursuant to such notice. Nor shall the <br />receipt and acceptance of the Rents and Profits, with or without entry and possession <br />by the Beneficiary and their application of the indebtedness secured hereby, constitute <br />,.a waiver of any other right which the Trustee or Beneficiary may have under the <br />Credit Agreement or this Deed of Trust, or under the laws of the Governing <br />Jurisdiction, nor shall it constitute a waiver of any breach or declaration of default or <br />notice of such breach or default on any other right or act in connection with the <br />exercise of the power of sale contained in this Deed of Trust, nor shall it invalidate <br />any act done pursuant to a written notice of default and election to sell which shall <br />have been filed for record, which shall be cumulative with all such other rights and <br />remedies. Each Trustor also assigns to Beneficiary, as further security for the <br />performance of the obligations secured hereby, all prepaid rents and all monies which <br />may have been or any hereafter be deposited with such Trustor by any lessee or tenant <br />of the Property, to secure the payment of any rent or damages, and upon default in the <br />performance of any of the provisions hereof, each Trustor agrees to deliver such rents <br />and deposits to Beneficiary. Delivery of written notice of Beneficiary's exercise of <br />the rights granted herein, to any tenant occupying the Premises shall be sufficient to <br />require said lessee or tenant to pay said rent to the Beneficiary until further notice. <br />Nothing contained in this Section 1.6(a) or elsewhere in this Deed of Trust shall be <br />construed to make Beneficiary a mortgagee in possession unless and until Beneficiary <br />actually takes possession of the Property either in person or through an agent or <br />receiver. <br />(b) Without the prior written consent of Beneficiary being first had and <br />obtained, no Trustor will (i) execute an assignment of any of its right, title or interest <br />in the Rents and Profits, or (ii) except where the lessee is in default thereunder, <br />terminate or consent to the cancellation or surrender of any lease of the Property or of <br />any part thereof, now existing or hereafter to be made, or (iii) modify any lease of the <br />Property or any part thereof so as to shorten the unexpired term thereof or so as to <br />decrease the amount of the rent payable thereunder, or (iv) accept prepayments of any <br />installments of rent to become due under any of said leases or prepayments in the <br />nature of security for the performance of the lessee's obligations thereunder, or (v) in <br />any other manner substantially impair the value of the Property or impair the security <br />of this Deed of Trust. <br />(c) Each Trustor, as attorney -in -fact, for all lessees of the Property and all <br />persons with rights of possession to the Property, whether now existing or future, for <br />so long as the lien of this Deed of Trust is outstanding, hereby subordinates all such <br />leasehold, subleasehold and other possessory rights to the Property to the lien of this <br />Deed of Trust so that, in any enforcement by Trustee or Beneficiary of the remedies <br />provided for by law or by this Deed of Trust, neither Trustee nor Beneficiary nor any <br />purchaser of the Property at a foreclosure shall, unless they so elect, be bound by the <br />Deed of Trust.. _6_ <br />