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proceedings affecting the Trustor, its creditors or its property, the Trustee and/or the Beneficiary, <br />to the extent permitted by law, will be entitled to file such proofs of claim and other documents <br />as may be necessary or advisable in order to have the claims of the Beneficiary allowed in such <br />proceedings and for any additional amount that becomes due and payable by the Trustor <br />hereunder after such date. <br />Section 7.10 Waiver. The Trustor waives presentment, demand for payment, notice of <br />dishonor, notice of protest and nonpayment, protest, notice of interest on interest and late <br />charges, and diligence in taking any action to collect any Secured Obligations, including but not <br />limited to sums owing under the Promissory Note, or in proceedings against the Security, in <br />connection with the delivery, acceptance, performance, default, endorsement or guaranty of this <br />Deed of Trust. <br />Section 7.11 Investor Rights. If a default or an Event of Default shall have occurred, <br />whenever the City delivers any notice or demand to the Trustor, the City shall at the same time <br />deliver to the Approved Lenders and the Investor Limited Partner (as defined in Section 3.4 of <br />the Loan Agreement), a copy of such notice or demand. The Investor Limited Partner shall <br />(insofar as the rights of the City are concerned) have the right, but not the obligation, at its option <br />to cure such default or Event of Default as follows: (a) forty-five (45) days after the Investor <br />Limited Partner's receipt of such notice to cure any default under the Loan Documents; and (b) If <br />a default is incapable of being cured within the forty-five (45) day period set forth in item (a) <br />above, so long as such cure is commenced within the forty-five (45) days and is being diligently <br />pursued to completion, the City will give the Investor Limited Partner additional time to cure <br />such default, but in no event later than one hundred twenty (120) days, and Beneficiary agrees to <br />accept cures thereunder by Investor Limited Partner. <br />ARTICLE 8: <br />MISCELLANEOUS <br />Section 8.1 Amendi3ients. This Deed of Trust cannot be waived, changed, discharged <br />or terminated orally, but only by an instrument in writing signed by Beneficiary and Trustor. <br />Section 8.2 reconveyance by Trustee. Upon written request of Beneficiary stating <br />that all Secured Obligations have been paid or forgiven, and all obligations under the City Loan <br />Documents have been performed, and upon surrender of this Deed of Trust to Trustee for <br />cancellation and retention, and upon payment by Trustor of Trustee's reasonable fees, Trustee <br />shall fully reconvey the Security to Trustor, or to the person or persons legally entitled thereto. <br />Section 8.3 Notices. <br />(a) If at any time after the execution of this Deed of Trust it becomes <br />necessary or convenient for one of the parties hereto to serve any notice, demand or <br />communication upon the other party, such notice, demand or communication must be in writing <br />and is to be served personally, by reputable overnight delivery service (which provides a delivery <br />receipt) or by depositing the same in the registered United States mail, return receipt requested, <br />postage prepaid and, (1) if intended for Beneficiary is to be addressed to: <br />16 <br />1199\09\2723506.3 <br />Document Number: 2021-146160 Page: 17 of 25 <br />