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7. Preservation and Maintenance of Security. Trustor will keep the Security in good <br />repair and will not commit waste or permit impairment or deterioration of the Security. <br />8. Protection of the Beneficiary's Security. If Trustor fails to perform the covenants and <br />agreements contained in this Deed of Trust or if any action or proceeding is commenced which <br />materially affects the Beneficiary's interest in the Security, including, but not limited to, default <br />under this Deed of Trust securing any senior lender, eminent domain, insolvency, code enforcement, <br />or arrangements or proceedings involving a bankrupt or decedent, then the Beneficiary, at the <br />Beneficiary's option, upon notice to Trustor, may make such appearances, disburse such sums and <br />take such action as it determines necessary to protect the Beneficiary's interest, including, but not <br />limited to, disbursement of reasonable attorneys' fees and entry upon the Security to make repairs. <br />Any amounts disbursed by the Beneficiary pursuant to this paragraph, with interest <br />thereon, will become an indebtedness of Trustor secured by this Deed of Trust. Unless Trustor <br />and the Beneficiary agree to other terms of payment, such amount will be payable upon notice <br />from the Beneficiary to Trustor requesting payment thereof, and will bear interest from the date <br />of disbursement at the rate payable from time to time on outstanding principal under the <br />Promissory Note unless payment of interest at such rate would be contrary to applicable law, in <br />which event such amounts will bear interest at the highest rate permissible under applicable law. <br />Nothing contained in this paragraph will require the Beneficiary to insure any expense or take <br />any action hereunder. <br />9. Inspection. The Beneficiary may make, or cause to be made, reasonable entries upon <br />and inspections of the Security during normal business hours; provided that the Beneficiary will give <br />Trustor reasonable notice of inspection. <br />10. Forbearance by the Beneficiary Not a Waiver. Any forbearance by the Beneficiary in <br />exercising any right or remedy will not be a waiver of the exercise of any such right or remedy. The <br />procurement of insurance or the payment of taxes or other liens or charges by the Beneficiary will <br />not be a waiver of the Beneficiary's right to accelerate the maturity of the indebtedness secured by <br />this Deed of Trust. <br />11. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct and <br />cumulative to any other right or remedy under this Deed of Trust or any other document, or afforded <br />by law or equity, and may be exercised concurrently, independently or successively. <br />12. Successors and Assigns Bound. The covenants and agreements herein contained <br />shall bind, and the rights hereunder shall inure to, the respective successors and assigns of the <br />Beneficiary and Trustor subject to the provisions of this Deed of Trust. <br />13. Joint and Several Liability. All covenants and agreements of Trustor shall be joint <br />and several. <br />14. Notice. Except for any notice required under applicable law to be given in another <br />manner, (a) any notice to Trustor provided for in this Deed of Trust will be given by certified mail, <br />return receipt requested, addressed to Trustor at Vista Del Rio Housing Partners LP, c/o A <br />Community of Friends, 3701 Wilshire Blvd., Suite 700, Los Angeles, CA 90010, Attention: Dora <br />Leong Gallo, with a copy to Enterprise Community Investment, Inc., 10227 Wincopin Circle, Suite <br />800, Columbia, Maryland 21044, Attention: General Counsel, and (b) any notice to the Beneficiary <br />4 <br />