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Section 2.12 Indemnity. Trustor agrees to defend (with counsel acceptable to <br />Indemnitees), indemnify, and hold City and its elected and appointed officials, officers, employees, <br />and agents ("Indemnitees") harmless from and against all losses, damages, liabilities, claims, <br />actions, judgments, costs, and reasonable attorney's fees that the Indemnitees may incur as a direct <br />or indirect consequence of: <br />(a) Trustor's failure to perform any obligations as and when required by the <br />Regulatory Agreement and this Deed of Trust subject to all applicable notice and cure periods; or <br />(b) The failure of any of Trustor's representations or warranties contained in <br />this Deed of Trust to be true and correct in all material respects when made. <br />Section 2.13 Remedies.'Upon Trustor's breach of any covenant or agreement of Trustor <br />in the Regulatory Agreement or this D-eed of Trust, including, but not limited to, the covenants to <br />pay, when due, any sums secured by this Deed of Trust, City, will mail by express delivery with <br />delivery receipt, notice to Trustor specifying; (1) the breach; (2) the action required to cure such <br />breach; (3) a date, not less than'fhirty--(30) days from the date the notice is received by Trustor <br />(unless the Regulatory Agreement pfoVides for shorter or no notice) as shown on the return receipt, <br />by which such breach is to be cured; and (4) if the breach is curable, that failure to cure such breach <br />on or before the date specified in the notice may result in sale of the Security. The notice will also <br />inform Trustor of Trustor's right to bring a court action to assert the nonexistence of default or any <br />other defense of Trustor sale. City shall provide a copy of any such notice sent to Trustor to the <br />limited partner of Trustor (`Tax Credit Investor") at the address provided to the City in writing. <br />The City shall accept any cure tendered by Tax Credit Investor on the same basis as if such cure <br />was tendered by the Trustor. If the breach is not cured on or before the date specified in the notice, <br />City, at City's option, may: <br />(a) either in person or by agent, with or without bringing any action or <br />proceeding, or by a receiver appointed by a court, and without regard to the adequacy of its <br />security, enter upon the Security and take possession thereof (or any part thereof) and of any of <br />the Security, in its own name or in the name of Trustee, and do any acts which it deems necessary <br />or desirable to preserve the value or marketability of the Property, or part thereof or interest therein, <br />increase the income therefrom or protect the security thereof. The entering upon and taking <br />possession of the Security shall not cure or waive any breach hereunder or invalidate any act done <br />in response to such breach and, notwithstanding the continuance in possession of the Security, City <br />shall be entitled to exercise every right provided for in this Deed of Trust, or by law upon <br />occurrence of any uncured breach, including the right to exercise the power of sale. <br />(b) commence an action to foreclose this Deed of Trust as a mortgage, appoint <br />a receiver, or specifically enforce any of the covenants hereof <br />(c) deliver to Trustee a written declaration of default and demand for sale, <br />pursuant to the provisions for notice of sale found at California Civil Code Sections 2924 et seq., <br />as amended from time to time; or <br />ATTY/AGR/2024.193.1—AFFORDABLE HOUSING LAND DONATION AGREEMENT— EXHIBIT H— DEED OF TRUST & SECURITY AGR <br />REV: 10-22-24 VR <br />Page7of15 <br />