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- 14 - 200512344 Liquid Investments shall be held by the Beneficiary pursuant to this Section 1.11; but, upon request ofthe Trustor, the Beneficiary shall sell all or any designated part ofthe same and the proceeds of such sale shall be held by the Beneficiary in the Restoration Account subject to the provisions hereof in the same manner as the cash used by it to purchase the Liquid Investments so sold. The Trustor agrees to pay the Beneficiary, on demand, amounts equal to any loss resulting from any investment or reinvestment pursuant to this Section 1.11 (and any such payments made by the Trustor shall be deposited by the Beneficiary into the Restoration Account), it being understood that the Beneficiary shall not be liable or responsible for any such loss. Notwithstanding anything herein or at law or in equity to the contrary, none ofthe Casualty or Condemnation Proceeds paid to the Beneficiary as herein provided, and none of the other amounts from time to time held in the Restoration Account, shall be deemed trust funds, and the Beneficiary shall be entitled to advance amounts from time to time held in the Restoration Account to the Trustor, or to apply the same to the prepayment of the Loans or other indebtedness constituting the Obligations hereunder, as provided in Section 1.05(d). Section 1.12. Notice Regarding Special Flood Hazards. The Trustor hereby acknowledges that it realizes that the following Properties are in zones identified by the Director of the Federal Emergency Management Agency as special flood hazard zones described in 12 C.F.R. ~ 22.2 and that it has received, prior to the granting ofthis Deed of Trust, the notice regarding Federal disaster relief assistance referred to in the Appendix to 12 C.F.R. Part 22: None ARTICLE 2 Assignment of Rents. Issues and Profits Section 2.01. Assignment of Rents. Issues and Profits. The Trustor hereby assigns and transfers to the Beneficiary, FOR THE PURPOSE OF SECURING the Obligations, all Rents, and hereby gives to and confers upon the Beneficiary the right, power and authority to collect the same. The Trustor irrevocably appoints the Beneficiary its true and lawful attorney-in-fact, at its option at any time and from time to time following the occurrence and during the continuance of a Default, to demand, receive and enforce payment, to give receipts, releases and satisfactions, and to sue, in the name of the Trustor or otherwise, for Rents and apply the same to the Obligations as provided in paragraph (a) of Section 4.03; provided, however, that the Trustor shall have the right to collect Rents at any time prior to the occurrence of a Default (but not more than one month in advance, except in the case of security deposits). Deed of Trust NY3:#7374669