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<br />200704125 <br /> <br />Collateral or any part thereof, and to take such other measures as Beneficiary may deem <br />necessary for the care, protection and preservation of the Collateral). Upon request or demand of <br />Beneficiary or Trustee, Grantor shall at its expense assemble the Collateral and make it available <br />to Beneficiary or Trustee at a convenient place acceptable to Beneficiary. Grantor shall pay to <br />Beneficiary or Trustee on demand therefor any and all expenses (including, without limitation, <br />reasonable legal expenses and attorneys' fees, incurred or paid by Beneficiary or Trustee in <br />protecting the interest in the Collateral and in enforcing the rights hereunder with respect to the <br />Collateral). Any notice of sale, disposition or other intended action by Beneficiary or Trustee <br />with respect to the Collateral sent to Grantor in accordance with the provisions of the Loan <br />Agreement at least ten Business Days prior to such action or such notice as is otherwise required <br />by law or the Loan Agreement, shall constitute commercially reasonable notice to Grantor. <br />Beneficiary may apply the proceeds of any disposition of the Collateral, or any part thereof, to <br />the payment of the Obligations in such priority and proportions as required by the Loan <br />Agreement. In the event of any change in name, identity or structure of Grantor, Grantor shall <br />notify Beneficiary thereof and, promptly after request, shall execute, file and record such <br />Uniform Commercial Code forms as are necessary to maintain the priority of Beneficiary's and <br />Trustee's lien upon and security interest in the Collateral, and shall pay all expenses and fees in <br />connection with the filing and recording thereof. If Beneficiary shall require the filing or <br />recording of additional Uniform Commercial Code forms or continuation statements, Grantor <br />shall, promptly after request, execute, file and record such Uniform Commercial Code forms or <br />continuation statements as Beneficiary shall deem necessary, and shall pay all expenses and fees <br />in connection with the filing and recording thereof, it being understood and agreed, however, that <br />no such additional documents shall increase Grantor's obligations under this Deed of Trust or the <br />other Loan Documents. Grantor hereby irrevocably appoints Beneficiary as its attorney-in-fact, <br />coupled with an interest, to file with the appropriate public office on its behalf any financing or <br />other statements signed only by Beneficiary, as secured party, in connection with the Collateral <br />covered by this Deed of Trust. <br /> <br />30. Actions and Proceedings. Beneficiary has the right to appear in and defend any action or <br />proceeding brought with respect to the Trust Property and to bring any action or proceeding, in <br />the name and on behalf of Grantor, which Beneficiary, in its discretion, decides should be <br />brought to protect its interest under this Deed of Trust in the Trust Property. Beneficiary shall, at <br />its option, be subrogated to the lien of any mortgage or other security instrument discharged in <br />whole or in part by the Obligations, and any such subrogation rights shall constitute additional <br />security for the payment of the Obligations. <br /> <br />31. Waiver of Setoff. Except as may be permitted under the Loan Agreement, all amounts <br />due under this Deed of Trust, the Note and the other Loan Documents shall be payable without <br />setoff, counterclaim or any deduction whatsoever. <br /> <br />32. Contest of Certain Claims. Notwithstanding the provisions of Articles 3 and 1, Grantor <br />shall not be in default for failure to payor discharge Impositions, Other Charges or mechanic's <br />or materialman's lien asserted against the Trust Property or for failure to comply with any Legal <br />Requirement if: and so long as, (a) Grantor shall have notified Beneficiary of same within ten <br />Business Days of obtaining knowledge thereof; (b) Grantor shall diligently and in good faith <br />contest the same by appropriate legal proceedings which shall operate to prevent the enforcement <br />or collection of the same and the sale of the Trust Property or any part thereof, to satisfy the <br /> <br />17 <br />