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lditional Liens and protection of Lender's writ Trus or a mat e h payments o n er *s� hn per n� c pa and pays7nt3 of any other charges, fees and expenses contracted to be paid to any existing lien hailers or prior bene- ' ficiaries under any prior head of Trust or Mortgage before the date they are delinquent and promptly pay and discharge any and all other liens, claims or charges which may jeopardize the security granted herein. If Trustor fails to make any such pay - ant or fails to perform any of the covenants and agreements contained in this Deed of Trust, or in any prior mortgage or deed of trust, or if any action or proceeding is commenced which materially affects Lender's interest in the Property, including, but not limited to, eminent domain proceedings, or proceedings involving a decedent or if Trustor fails to pay Trustor's debts as they become due, then Beneficiary, at Beneficiary's option and without notice to or demand upon Trustor and without releasing Trustor from any obligation hereunder, may make such appearances, disburse such sums and take such action as is necessary to protect Beneficiary's interest, including, but not limited to, disbursement of reasonable attorneys' fees, payment, purchase, contest or compromise of any encumbrance, charge or lien, entry upon the Property to make repairs and defend title. In the event that Trustor shall fail to procure or maintain insurance or to pay taxes, assessments, or any other charges or to make any pay- ments to any existing prior lien h6lders or beneficiaries, Bene- ficiary may procure such insurance and make such payment. Any amounts disbursed by Beneficiary pursuant to this Section 1.16 shall become additional indebtedness of Trustor secured by this Deed of Trust. Such amounts shall be payable upon notice from Beneficiary to Trustor requesting payment thereof, and shall bear interest at the Default Rate. Nothing contained in this Section 1.16 shall require Beneficiary to incur any expense or take any action hereunder. ARTICLE II EVENTS OF DEFAULT The following shall constitute events of default ( "Events of Default ") hereunder: MVM