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this Deed of Trust and shall become a portion of the Secured Obligations and shall be paid by the Grantor on demand, with interest accruing thereon at the Default Rate. Subject to the provisions set forth in the first sentence of this Subparagraph (d), the Grantor hereby expressly grants to the Beneficiary (subject to the terms of each Ground Lease), and agrees that the Beneficiary shall have, the absolute and immediate right to enter in and upon the Leased Land and the Improvements or any part thereof to such extent and as often as the Beneficiary, in its discretion, deems necessary or desirable in order to cure any default or alleged default by the Grantor under any Ground Lease. (e) Upon the occurrence and during the continuance of any Event of Default, all lessee's options (including, without limitation, any right to exercise any purchase options), elections and approval rights, together with the right of termination, cancellation, modification, change, supplement, alteration or amendment of each Ground Lease, all of which have been assigned for collateral purposes to the Beneficiary, shall automatically vest exclusively in and be exercisable solely by the Beneficiary. (f) So long as this Deed of Trust is in effect, there shall be no merger of any Ground Lease or any interest therein, or of the leasehold estate created thereby, with the fee estate in the Land or any portion thereof by reason of the fact that such Ground Lease or such interest therein may be held directly or indirectly by or for the account of any Person who shall hold the landlord's leasehold estate or fee estate in the Land or any portion thereof or any interest of the landlord under such Ground Lease. In case the Grantor acquires fee title to the Land or any portion thereof (pursuant to the exercise of a purchase option, or otherwise), this Deed of Trust shall attach to and cover and be a Lien upon the fee title or such other estate so acquired, and such fee title or other estate shall, without further assignment, mortgage or conveyance, become and be subject to the Lien of and covered by this Deed of Trust. The Grantor shall notify the Beneficiary of any such acquisition and, on written request by the Beneficiary, shall cause to be executed and recorded all such other and further assurances or other instruments in writing as may in the reasonable opinion of the Beneficiary be necessary or appropriate to effect the intent and meaning hereof and shall deliver to the Beneficiary an endorsement to the Beneficiary's loan title insurance policy insuring that such fee title or other estate is subject to the Lien of this Deed of Trust. (g) If any action or proceeding shall be instituted to evict the Grantor or to recover possession of the Leased Land or any part thereof or interest therein, or any action or proceeding otherwise affecting any Ground Lease or this Deed of Trust shall be instituted, then the Grantor will, promptly, but no later than within seven (7) Business Days of service thereof on or to the Grantor, deliver to the Beneficiary any notice of motion, order to show cause and of all other provisions, pleadings, and papers, however designated, served in any such action or proceeding. 15 MA