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payment of any sum secured hereby after its due date shall not constitute a waiver by Beneficiary <br />of its right either to require prompt payment when due of all other sums so secured or to declare <br />default for failure so to pay. <br />10.8 Action By Beneficiary_. Except as may be otherwise specifically provided herein, <br />whenever any approval, notice, direction, or consent by the Beneficiary is required or permitted <br />under this Agreement, such action shall be in writing, and such action may be given, made or <br />taken by Beneficiary's Executive Director or by any person who shall have been designated by <br />Beneficiary's Executive Director, without further approval by the governing board of <br />Beneficiary. Beneficiary shall use reasonable best efforts to respond to requests for any such <br />approval, notice, direction, or consent in a timely manner. In any approval, consent, or other <br />determination by Beneficiary required hereunder, Beneficiary shall act reasonably and in good <br />faith. <br />10.9 Joint and Several Liability. If Trustor consists of more than one person or entity, <br />each shall be jointly and severally liable for the faithful performance of all of Trustor's <br />obligations under this Deed of Trust. <br />Trust. <br />10.10 Time is of the Essence. Time is of the essence for each provision of this Deed of <br />SIGNATURES ON FOLLOWING PAGE. <br />19 <br />