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I 84-- 002800 Beneficiary without affecting the lien hereof on the remainder of the security or obligations of the Grantor on and in respect of the Debt. Any person acquiring any direct or indirect interest in the security herein described or in any security described in any other mortgage, the Security Agreement or other instrument now or here- after given to secure the indebtedness which is secured by this Deed of Trust shall take the same subject to all of the provisions hereof. 3. Grantor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Mortgaged Premises marshalled upon any foreclosure' of the lien h~reof, or to have the Mortgaged Premiseshereund.r and the property covered by any other mortgage or deed or trust securing the Debt marshalled upon any foreclosure of any of said mortgages or deeds of trust or the exercise of any rights unde.r the Security Agreement and agrees that any court having juri'sdic- tion to foreclose such lien may order the Mortgaged Premises sold tn parcels or as an entirety. 4. Upon the occurrence of default hereunder the Trustee has, among other things, the right to foreclose on the Mortgaged Premises and dispose of the same. The Trustee's deed or other instrument of conveyance, transfer or release (which may be exe- cuted by the Trustee in its own name or as attorney-in-fact for Grantor and the Trustee is hereby irrevocably appointed attorney- in-fact for Grantor) shall be effective to convey and transfer to the grantee an indefeasible title to the property covered thereby, discharged, to the extent permitted by applicable law, of all rights of redemption by Grantor or any person claiming under it, and to bar forever all claims by Grantor or said the Trustee to the property covered thereby and no grantee from the Trustee shall be under any duty to inquire as to the authority of the Trustee to execute the same, or to see to the application of the purchase money. GRANTOR HEREBY EXPRESSLY COVENANTS AND AGREES AS POLLOWS: 1. Grantor shall pay the Debt and all other sums hereby secured when due. 2. Until the Debt and all other sums hereby secured are paid in full. Grantor shall keep the Mortgaged Premises insured against loss or damage by fire, windstorm and such other haz.ards as may be required by the terms of any app11cable Prior Lien Instru- ment, or 1f no Pr10r L1en Instrument contains insurance require- ments, or if such Prior Lien Instruments have been discharged, by Beneficiary, by policies of insurance 1n form and amounts satisfac- tory under, and written by insurance companies app~oved under, the terms of any applicable Prior Lien Instrument, or if no Prior Lien Instrument contains insurance requirements, or if such Prior Lien Instruments have been satisfactory to Beneficiary. Such policies shall be payable to the Prior Lienholders and Beneficiary as their -4- u L -1 L