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B. Payment of any sums advanced by Beneficiary to protect the Security pursuant to the <br />terms and provisions of this Deed of Trust following a breach of Trustor's obligation to advance said <br />sums and the expiration of any applicable cure period, with interest thereon as provided herein; and <br />C. Performance of every obligation, covenant or agreement of Trustor contained herein <br />and in the Loan Documents (defined in Section 1.1 below). <br />AND TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR <br />COVENANTS AND AGREES: <br />ARTICLE I <br />DEFINITIONS <br />In addition to the terms defined elsewhere in this Deed of Trust, the following terms shall <br />have the following meanings in this Deed of Trust: <br />"Loan Agreement" means that certain Loan Agreement dated as of , <br />executed by and between the Trustor and Beneficiary, providing for the Beneficiary to loan to <br />Trustor One Hundred Thousand Dollars ($100,000) for the development of the Property. <br />"Loan Documents" means this Deed of Trust, the Loan Agreement, the Note, and the <br />Regulatory Agreement. <br />"Note" means that certain promissory note in the amount of One Hundred Thousand Dollars <br />($100,000) dated as of , executed by the Trustor in favor of the Beneficiary, the <br />payment of which is secured by this Deed of Trust. <br />"Regulatory Agreement" means that certain Regulatory Agreement, dated as of <br />, executed by and between Trustor and Beneficiary, and which sets forth the household <br />income and rent restrictions for the HOME assisted units. <br />ARTICLE II <br />MAINTENANCE AND MODIFICATION OF THE <br />PROPERTY AND SECURITY; ASSIGNMENT OF RENTS <br />2.1 Maintenance and Modification of the Property by Trustor. The Trustor agrees that at <br />all times prior to full payment of the sum owed under the Note, the Trustor will, at the Trustor's own <br />expense, maintain, preserve and keep the Security or cause the Security to be maintained and <br />preserved in good condition. The Trustor will from time to time make or cause to be made all <br />repairs, replacements and renewals deemed proper and necessary by it. The Beneficiary shall have <br />no responsibility in any of these matters or for the making of improvements or additions to the <br />Security. <br />Trustor agrees to pay fully and discharge (or cause to be paid fully and discharged) all claims <br />for labor done and for material and services furnished in connection with the Security, diligently to <br />file or procure the filing of a valid notice of cessation upon the event of a cessation of labor on the <br />2220130.1 Page 24 <br />