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200609881 <br />or cancel, or accept the surrender of, or consent to the assignment or subletting of, <br />or grant any concessions to or waive the performance of any obligations of any <br />tenant, lessee or licensee under, any now existing or future Property Lease. <br />Grantor agrees not to collect or accept the payment of any Revenues, or other <br />income or profit from, or on account of, any use or occupancy of the Property, in <br />advance of the time when such payment becomes due unless such amount is <br />delivered to Beneficiary to be applied to the Secured Obligations, in the manner <br />set forth in the Loan Agreement. <br />14. Ground Leases. <br />(a) Each Ground Lease is in full force and effect in accordance with <br />the terms thereof, and has not been modified except as expressly set forth on <br />Exhibit B hereto. Grantor has delivered to the Beneficiary a true, correct and <br />complete copy of each Ground Lease. To the best knowledge of the Grantor, no <br />material default exists, and no event or act has occurred and no condition exists <br />which with the passage of time or the giving of notice or both would constitute a <br />material default, under any Ground Lease. The execution and delivery of this <br />Deed of Trust by the Grantor (i) does not require the consent or approval of the <br />landlord under any Ground Lease, and (ii) will not violate or result in a default <br />under any Ground Lease. <br />(b) The Grantor shall at all times promptly and faithfully keep and <br />perform, or cause to be kept and performed, all the covenants and conditions <br />contained in each Ground Lease by the lessee therein to be kept and performed <br />and shall conform to and comply with the terms and conditions of each Ground <br />Lease, and the Grantor further covenants that it will not do or permit anything to <br />be done, the doing of which, or refrain from doing anything, the omission of <br />which, will impair the security of this Deed of Trust or will be reason for <br />declaring a default under any Ground Lease. <br />(c) The Grantor shall furnish to Beneficiary, promptly upon <br />Beneficiary's request, any and all information concerning the performance by the <br />Grantor and the landlord under any Ground Lease of the covenants of any Ground <br />Lease, including, without limitation, all notices of default. <br />(d) After the occurrence and during the continuance of an Event of <br />Default, the Beneficiary may (but shall not be obligated to) take any such action <br />as the Beneficiary deems necessary or desirable to cure, in whole or in part, any <br />failure of compliance by the Grantor under any Ground Lease; and upon the <br />receipt by the Beneficiary from the Grantor or the landlord under any Ground <br />Lease of any written notice of default by the Grantor as the lessee thereunder, the <br />Beneficiary may rely thereon, and such notice shall constitute full authority and <br />protection to the Beneficiary for any action taken or omitted to be taken in good <br />faith reliance thereon. All sums, including reasonable attorneys' fees, so <br />expended by the Beneficiary to cure or prevent any such default, or expended to <br />sustain the Lien of this Deed of Trust or its priority, shall be deemed secured by <br />14 <br />MA <br />