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EXHIBIT 3 R. Protection of the Beneficiary s Security- Tf Tnlstor fails to perform the covenants and agreements contained in this City Deed ol'Trttst or i f any action or pruceccling is commenced which materially alTccts the Bcncliciary's interest in the Scen-ity, including, but not limited to, detault under the City Deed of Tntst securing any smiler lender, eminent domain, insolvency, code enforcement, oranangerrrents or proceedings involving a lhankrupl or decedent, then the Reneliciary, at the Reneliciary's option, upon notice ut Truslor, may Mahe such appearances, disburse such sums and take such action as it determines necessary to protect the Benetciary's interest, including, but not limited to, disbursement of reasonable attorneys' fees and entry upon the Security to make repairs. Any amounts disbursed by the Beneficiary pursuant to this paragraph, with interest thereon, will become au indebtedness ofTnrstor secured by dris City Deed of TYtr,t. Unless Ttusmr and the Beneficiary agree to other terms of payment, such amount will be payable upon notice from the Beneficiary to T ustor requesting payment thereof, and will bear interest lion the dale ofdisbursennenl al the rile payable lions lime lO (line on outstanding principal tinder the City Loan Note unless payment of interest at such rate would be contrary to applicable law, in which event such amour us will bear interest at the highest rate permissible under applicable law. Nothing contained in this paragraph will require the Beneficiary to insure any expense or rake any action hereunder. 9. luspection- The Beneficiary may tnake, or cause to be made, reasonable entries upon and inspection, ufthc Security during normal business lretaa; pruvidcd that the Itcrleticiarywill give'Ihtstor not loss than torty-eight (48) hours' prior written notice of inspection. 10. Forbearance by the Beneficiary Not a Waiver. Any forbcarance by the Beneficiary in exercising any right or remedy will not be a waiver of the exercise of any such right or remedy. The procurement of insurance Or the payment Of r<rxes Or Other liens or charges by the Beneficiary will not he a waiver of the Beneficiary's right to accelerate the maturity of the indebtedness Secured by this City Deed Of frust- 1 1. Remedies Cunnilative. All remedies provided in this City Deed of Trust are distinct and cumulative to any other right or rpnedyundcr this City Decd of hnt.st or any Wier document, or a0brded by law or equity, and nnay be exercised concurrently, independently or sucecssivc1y- 12. Successors and Assisin, BOUnd. The covenants and agreements herein cnnrrined shall hind, :-red the rights hereunder shall inure to, the respective successors and assigns of the Beneficiary and I ntstor suhjeCt to the provisions of this City Deed Of'[ nest. 13. Joint and Scycral Liability. All covenants and aura rncnts of Truster shall be joint and several. 14. Notice. Except for any notice required raider applicable law to be given in another manner, (a) any notice to Trustor provided tin in this City Dccd of Trust will be given b-y certified retail, return receipt requested, addressed to Truster at 17701 Cotian City Council 4 21 — 66 4/20/2021