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7.12 Notice of Claims; Defense of Security; Reimbursement of Costs. <br />(a) Notice of Claims. Trustor shall provide written notice to Beneficiary of any <br />uninsured 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 <br />three business days of the occurrence of such loss. Trustor shall ensure that <br />Beneficiary shall receive timely notice of, and shall have a right to cure, any default <br />under any other financing document or other lien affecting the Property and shall use <br />best efforts to ensure that provisions mandating such notice and allowing such right to <br />cure shall be included in all such documents. Within three business days of Trustor's <br />receipt thereof, Trustor shall provide Beneficiary with a copy of any notice of default <br />Trustor receives in connection with any financing document secured by the Property or <br />any part thereof. <br />(b) Defense of Security. At Trustor's sole expense, Trustor shall protect, <br />preserve and defend the Property and title to and right of possession of the Property, <br />the security of this Leasehold Deed of Trust and the rights and powers of Beneficiary <br />and Trustee created under it, against all adverse claims. <br />(c) Compensation; Reimbursement of Costs. Trustor agrees to pay all <br />reasonable fees, costs and expenses charged by Beneficiary or Trustee for any service <br />that Beneficiary or Trustee may render in connection with this Leasehold Deed of Trust, <br />including without limitation, fees and expenses related to provision of a statement of <br />obligations or related to a reconveyance. Trustor further agrees to pay or reimburse <br />Beneficiary for all costs, expenses and other advances which may be incurred or made <br />by Beneficiary or Trustee in any efforts to enforce any terms of this Leasehold Deed of <br />Trust, including any rights or remedies afforded to Beneficiary or Trustee or both of <br />them under Section 8.2, whether or not any lawsuit is filed, or in defending any action or <br />proceeding arising under or relating to this Leasehold Deed of Trust, including <br />reasonable attorneys' fees and other legal costs, costs of any disposition of the Property <br />under the power of sale granted hereunder or any judicial foreclosure, and any cost of <br />evidence of title. <br />(d) Notice of Changes. Trustor shall give Beneficiary prior written notice of <br />any change in the address of Trustor and the location of any Property, including books <br />and records pertaining to the Property. <br />7.13 Indemnification. <br />(a) Trustor shall indemnify, defend (with counsel reasonably acceptable to <br />Beneficiary), and hold harmless the Trustee and the Indemnitees (as defined in Section <br />7.11) from and against all Claims arising directly or indirectly in any manner in <br />connection with or as a result of (a) any breach of Trustor's covenants under any Loan <br />Document, (b) any representation by Trustor in any Loan Document which proves to be <br />false or misleading in any material respect when made, (c) injury or death to persons or <br />damage to property or other loss occurring on the Land or in any improvement located <br />thereon, whether caused by the negligence or any other act or omission of Trustor or <br />10 <br />