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for further notice to, or demand upon, Trustor. Upon the occurrence of such a default and at any time
<br />thereafter during the continuance thereof, Beneficiary may, at its option, send any tenant of the Property a
<br />notice to the effect that: (a) a default has occurred; (b) Beneficiary has elected to exercise its rights under
<br />this assignment; and (c) such tenant is thereby directed to thereafter make all payments of Rents to or for
<br />the benefit of Beneficiary or as Beneficiary shall direct. Any such tenant shall be entitled to rely upon any
<br />notice from Beneficiary and shall be protected with respect to any payment of Rents made pursuant to such
<br />notice, irrespective of whether a dispute exists between Trustor and Beneficiary with respect to the
<br />existence of a default or the rights of Beneficiary hereunder. Any such tenant shall not be required to
<br />investigate or determine the validity or accuracy of such notice or the validity or enforceability of this
<br />assignment. Trustor hereby agrees to indemnify, defend and hold any such tenant harmless from and against
<br />any and all losses, claims, damages or liabilities arising from or related to any payment of Rents by such
<br />tenant made in reliance on and pursuant to such notice.
<br />10. Default and Foreclosure. Upon default by Trustor in performance of any Secured Obligation,
<br />Beneficiary may deliver to Trustee a declaration of default and demand for sale and of a notice of default
<br />and a notice of sale, which notice Trustee shall cause to be filed for record. Beneficiary also shall deposit
<br />with Trustee this Deed of Trust and all documents evidencing the Secured Obligations and expenditures, if
<br />any, secured by this Deed of Trust. Upon default of any obligation secured by this Deed of Trust and
<br />acceleration of all sums due, if any, Beneficiary may instruct Trustee to proceed with a sale of the Property
<br />under the power of sale granted in this Deed of Trust, noticed and held in accordance with California Civil
<br />Code Sections 2924, et seq., as such statutes may be amended from time to time. Trustor waives all rights
<br />it may have to require marshaling of assets or to require sales of assets in any particular order, including
<br />any rights under California Civil Code Sections 2899 and 3433.
<br />11. Substitution of Trustee. Beneficiary, or any successor beneficiary of the Secured Obligations or
<br />of any indebtedness secured hereby, may from time to time, by instrument in writing, substitute a successor
<br />or successors to any Trustee named herein or acting hereunder, which instrument executed by the
<br />Beneficiary and duly acknowledged and recorded in the office of the recorder of the county or counties
<br />where the Property is situated, shall be conclusive proof of proper substitution of such successor Trustee or
<br />Trustees, who shall, without conveyance from the Trustee predecessor, succeed to all its title, estate, rights,
<br />powers and duties. Said instrument must contain the name of the original Trustor, Trustee and Beneficiary
<br />hereunder, the book and page where this Deed of Trust is recorded and the name and address of the new
<br />Trustee.
<br />12. Successors and Assigns. This Deed of Trust applies to, inures to the benefit of, and binds all
<br />parties hereto, their heirs, legatees, devisees, administrators, executors, successors and assigns. The term
<br />"Beneficiary" shall mean the holder, including pledgees, of the covenants set forth in the Rehabilitation
<br />Loan Agreement and the Promissory Note, whether or not named as Beneficiary herein.
<br />13. Trustee Acceptance. Trustee accepts this trust when this Deed of Trust, duly executed and
<br />acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party
<br />hereto of pending sale under any other deed of trust or of any action or proceeding in which Trustor,
<br />Beneficiary or Trustee shall be a party unless brought by Trustee.
<br />14. Further Assurances. Trustor shall, at its own cost and expense, do, execute, acknowledge, and
<br />deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignments,
<br />transfers, and assurances as Trustee or Beneficiary shall from time to time require, for better assuring,
<br />conveying, assigning, transferring, and confirming unto Trustee the Property and rights hereby conveyed
<br />or assigned or intended now or hereafter so to be, or which Trustor may be or may hereafter become bound
<br />to convey or assign to Trustee, or for carrying out the intention or facilitating the performance of the terms
<br />REV: 03-31-26 LF
<br />ATTY/AGR.2026,088/Rosa Morales (Habitat Client) (Habitat for Humanity - Rosa Morales Deed of Trust) (Page 3 of 7)
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