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(5) To pay immediately and without demand all sums so expended by Beneficiary or Trustee, with interest
<br />from date of expenditure at the amount allowed bylaw in effect at the date hereof, and to pay for any
<br />statement provided for by law in effect at the date hereof regarding the obligation secured hereby any amount
<br />demanded by the Beneficiary not to exceed the maximum allowed by law at the time when said statement is
<br />demanded.
<br />(6) That the proceeds of any award or claim for damages, direct or consequential, in connection with a total
<br />condemnation or taking of the Property, shall, subject to the rights of senior lenders, be applied to the sums
<br />secured by this Deed of Trust, with the excess, if any, paid to Trustor, unless Trustor and Beneficiary otherwise
<br />agree in writing. In the event of a partial condemnation or taking, the proceeds shall be applied to the
<br />restoration or repair of the Property, provided Beneficiary determines that such restoration or repair is
<br />economically feasible and there is no default continuing after the expiration of all applicable cure periods. If
<br />Beneficiary determines that such restoration or repair is not economically feasible or if a default exists after
<br />expiration of all applicable cure periods, the condemnation proceeds shall be applied to the sums secured by
<br />this Deed of Trust, with the excess, if any, paid to Trustor. In the event funds for such work are insufficient,
<br />Beneficiary may, at its option, advance such additional funds as may be necessary to allow the Property to be
<br />repaired or restored, and may add the amount thereof to the principal balance of the Note hereby secured.
<br />(7) That by accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its
<br />right to require prompt payment when due of all other sums so secured or to declare default for failure so to
<br />pay.
<br />(8) That at any time or from time to time, without liability therefor and without notice, upon written
<br />request of Beneficiary and presentation of this Deed and said note for endorsement, and without affecting the
<br />personal liability of any person for payment of the indebtedness secured hereby, Trustee may reconvey any
<br />part of said Property; consent to the making of any map or plot thereof; join in granting any easement thereon;
<br />orjoin in any extension agreement of any agreement subordinating the lien or charge hereof.
<br />(9) That upon written request of Beneficiary stating that all sums secured hereby have been paid, and upon
<br />surrender of this Deed and said note to Trustee for cancellation and retention and upon payment of its fees,
<br />Trustee shall reconvey, without warranty, the Property then held hereunder. The recitals in such reconveyance
<br />of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in such reconveyance
<br />maybe described as "the person or persons legally entitled thereto." Five years after issuance of such full
<br />reconveyance, Trustee may destroy said note and this Deed (unless directed in such request to retain them).
<br />(10) That as additional security and subject to the rights of senior lenders, Trustor hereby gives to and
<br />confers upon Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the
<br />rents, issues and profits of said Property, reserving unto Trustor the right, prior to any default by Trustor in
<br />payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and
<br />retain such rents, issues and profits as they become due and payable. Upon any such default (following
<br />expiration of any applicable notice and cure periods), Beneficiary may at any time without notice, either in
<br />person, by agent or by a receiver to be appointed by a court, and without regard to the adequacy of any
<br />security for the indebtedness hereby secured, enter upon and take possession of said Property or any part
<br />thereof, in his own name sue or otherwise collect such rents, issues and profits, including those past due and
<br />unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable
<br />attorney's fees, upon any indebtedness secured hereby and in such order as Beneficiary may determine. The
<br />entering upon and taking possession of said Property, the collection of such rents, issues and profits and the
<br />application thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate
<br />any act done pursuant to such notice.
<br />1512 Stafford Street, Redwood City, CA
<br />ARAPP:$600,000
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