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200809799 3. Taxes, Assessments. Trustor will pay before delinquent all taxes, special assessments and all other charges against the Property now or hereafter levied. 4. Insurance. Trustor shall keep the Property insured against damage by fire and hazards included within the term "extended coverage," and shall name Lender as an additional insured thereunder. 5. Maintenance, Repairs and Compliance with Laws. Trustor shall: (i) keep the Property in good condition and repair, (ii) not commit or permit any waste or deterioration of the Property; (iii) not commit, suffer or permit any act to be done in or upon the Property in violation of any law, ordinance or regulation; and (iv) pay and promptly discharge Trustor's cost and expense all lines, encumbrances and charges levied, imposed or assessed against the Property or any part thereof. 6. Performance by Lender. Upon the occurrence of an Event of Default hereunder or if any act is taken or legal proceeding commenced which materially affects Lender's interest in the Property, Lender may, with prior written notice to Trustor, do any act which Trustor has agreed but fails to do and may also do any other act it deems necessary to protect the security hereof. Trustor shall, within ten (10) days after receipt of demand therefor by Lender, pay to Lender all costs and expenses incurred and sums expended by Lender in connection with the exercise by Lender of the foregoing rights, together with interest thereon at the rate provided in the Note, which shall be added to the indebtedness secured hereby. Lender shall not incur any liability because of anything it may do or omit to do hereunder, unless caused by the intentional or willful misconduct or gross negligence of Lender or its duly authorized agents. 7. Hazardous Materials. Trustor shall comply in all material respects with all applicable laws, ordinances and regulations relating to industrial hygiene or environmental protection as they pertain to Trustor's use of the Property. 8. Events of Default. The'events listed below shall each be considered an "Event of Default" for purposes of this Deed of Trust: (a) the occurrence of an event of default under the Note or the occurrence of any event which gives Lender the right to declare due and payable the unpaid principal balance under the Note following any applicable notice and cure period; (b) a breach of or default under any provision contained in this Deed of Trust which is not cured within thirty (30) days after Trustor's receipt of written notice thereof; (c) a writ of execution, garnishment or attachment or any similar process shall be entered against Trustor, or Trustor shall make any general assignment for the benefit of creditors; or (d) there shall be filed by or against Trustor an action under any present or future federal, state or other statute, law or regulation relating to bankruptcy, insolvency or other relief for debtors. 9. Remedies; Acceleration Upon Default. In the event of any Event of Default, Lender may, without notice, except as required by law, declare all indebtedness secured hereby to be immediately due and payable and the same shall thereupon become due and payable without any presentment, demand, protest or notice of any kind. Thereafter, Lender may: (a) 2