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substances; (iii) protection of the public health or welfare from the effects of by-products, <br />wastes, emissions, discharges or releases of chemical substances from industrial or commercial <br />activities; (iv) the manufacture, use or introduction into commerce of chemical substances, <br />including without limitation, their manufacture, formulation, labeling, distribution, <br />transportation, handling, storage and disposal; or (iv) the use, release or disposal of toxic or <br />hazardous substances or Hazardous Materials or the remediation of air, surface waters, <br />groundwaters or soil, as now or may at any later time be in effect, including but not limited to the <br />Toxic Substances Control Act [15 U.S.C. 2601, et seq.]; the Comprehensive Environmental <br />Response, Compensation and Liability Act [42 U.S.C. Section 9601, et seq.], the Hazardous <br />Materials Transportation Authorization Act [49 U.S.C. Section 5101, et seq.], the Resource <br />Conservation and Recovery Act [42 U.S.C. 6901, et seq.], the Federal Water Pollution Control <br />Act [33 U.S.C. Section 1251], the Clean Air Act [4Z U.S.C. Section 740], et seq.], the California <br />Underground Storage of Hazardous Substances Act [California Health and Safety Code Section <br />25280, et seq.], the California Hazardous Substances Account Act [California Health and Safety <br />Code Section 25300, et seq.], the California Hazardous Waste Act [California Health and Safety <br />Code Section 25100, et seq.], the California Safe Drinking Water and Toxic Enforcement Act <br />[California Health and Safety Code Section 25249.5, et seq.], and the Porter-Cologne Water <br />t~uality Control Act [California Water Code Section 13000, et seq.], as they now exist or are <br />hereafter amended, together with any regulations promulgated thereunder. <br />7.11 Notice of Claims; Defense of Security; Reimbursement of Costs. <br />~. Notice of Claiii~s. Trustor shall provide written notice to Beneficiary of any <br />t~ni~~sured or partially uninsured loss affecting the Property through fire, theft, liability, or <br />property damage in excess of an aggregate of Fifty Thousand Dollars ($50,000) within five (5) <br />business days of the occurrence of such loss. Trustor shall ensure that Beneficiary shall receive <br />timely notice of, and shall have a right to cure, any default under any other financing document <br />or other lien affecting the Property and shall use best efforts to ensure that provisions mandating <br />such notice and allowing such right to cure shall be included in all such documents. Within three <br />business days of Trustor's receipt thereof, Trustor shall provide Beneficiary with a copy of any <br />notice of default Trustor receives in connection with any financing document secured by the <br />Property or any part thereof. <br />b. Defense of Security. At Trustor's sole expense, Trustor shall protect, preserve and <br />defend the Property and title to and right of possession of the Property, the security of this Deed <br />of Trust and the rights and powers of Beneficiary and Trustee created under it, against all <br />adverse claims. <br />c. Compensation; Reimbursement of Costs. Trustor agrees to pay all reasonable <br />fees, costs and expenses charged by Beneficiary or Trustee for any service that Beneficiary or <br />Trustee may render in connection with this Deed of Trust, including without limitation, fees and <br />expenses related to provision of a statement of obligations or related to a reconveyance. Trustor <br />further agrees to pay or reimburse Beneficiary for all costs, expenses and other advances which <br />may be incw-red or made by Beneficiary or Trustee in any efforts to enforce any terms of this <br />Deed of Trust, including without limitation any rights or remedies afforded to Beneficiary or <br />Trustee or both of them under Sections 7.17 and 8.2, whether or not any lawsuit is filed, or in <br />defending any action or proceeding arising under or relating to this Deed of Trust, including <br />956218-3 10 <br />