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Note. <br />Section 1.4 The term "Principal" means the amount required to be paid under the <br />ARTICLE 2 <br />MAINTENANCE AND MODIFICATION OF THE PROPERTY <br />AND SECURITY <br />Section 2.1 Maintenance and Modification of the Propertyby Trustor. <br />The Trustor agrees that at all times prior to full payment and performance of the Secured <br />Obligations, the Trustor will, at the Trustor's own expense, maintain, preserve and keep the <br />Security or cause the Security to be maintained and preserved in good condition, reasonable wear <br />and tear excepted. The Trustor will from time to time make or cause to be made all repairs, <br />replacements and renewals deemed proper and necessary by it. The Beneficiary shall have no <br />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 <br />claims for labor done and for material and services furnished in connection with the Security, <br />diligently to file or procure the filing of a valid notice of cessation upon the event of a cessation <br />of labor on the work or construction on the Security for a continuous period of thirty (30) days or <br />more, and to take all other reasonable steps to forestall the assertion of claims of lien against the <br />Security of any part thereof. Trustor irrevocably appoints, designates and authorizes Beneficiary <br />as its agent (said agency being coupled with an interest) with the authority, but without any <br />obligation, to file for record any notices of completion or cessation of labor or any other notice <br />that Beneficiary deems necessary or desirable to protect its interest in and to the Security or the <br />Loan Documents; provided, however, that Beneficiary shall exercise its rights as agent of Trustor <br />only in the event that Trustor shall fail to take, or shall fail to diligently continue to take, those <br />actions as hereinbefore provided. <br />During the continuance of an Event of Default under this Deed of Trust, upon demand by <br />Beneficiary, Trustor shall make or cause to be made such demands or claims as Beneficiary shall <br />specify upon laborers, materialmen, subcontractors or other persons who have furnished or claim <br />to have furnished labor, services or materials in connection with the Security. Nothing herein <br />contained shall require Trustor to pay any claims for labor, materials or services which Trustor in <br />good faith disputes and is diligently contesting provided that Trustor shall, within thirty (30) <br />days after the filing of any claim of lien, record in the Office of the Recorder of Alameda <br />County, a surety bond in an amount 1 and 1/2 times the amount of such claim item to protect <br />against a claim of lien. <br />Section 2.2 Granting of Easements. <br />Trustor may not grant easements, licenses, rights -of -way or other rights or privileges in <br />the nature of easements with respect to any property or rights included in the Security except <br />those required or desirable for installation and maintenance of public utilities including, without <br />4 1�1� <br />