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hereunder to such parties concurrently with the provision of such notice to Trustor, and <br /> as to the limited partners, and Project lenders, the cure periods specified herein and in <br /> the Loan Agreement shall commence upon the date of delivery of such notice in <br /> accordance with Section 10.2. <br /> 8. Default and Remedies. <br /> 8.1 Events of Default. Trustor acknowledges and agrees that an Event of <br /> Default shall occur under this Deed of Trust upon the occurrence of any one or more of <br /> the following events: <br /> a. Beneficiary's declaration of an Event of Default under any City <br /> Document, or under the City HOME Loan Agreement, the City HOME Note, the City <br /> HOME Deed of Trust, or the Ground Lease, subject to the expiration of any applicable <br /> cure period set forth in such document; <br /> b. Trustor fails to perform any monetary obligation which arises under <br /> this Deed of Trust, and does not cure that failure within ten (10) days following written <br /> notice from Beneficiary or Trustee; <br /> c. If Trustor's interest in the Property or any part thereof is voluntarily <br /> or involuntarily sold, transferred, leased, encumbered, or otherwise conveyed in <br /> violation of Section 7.6 hereof or if any other Transfer occurs in violation of the City <br /> Documents or the Ground Lease; <br /> d. Trustor fails to maintain the insurance coverage required hereunder <br /> and fails to cure such default within five (5) days, or Developer otherwise fails to comply <br /> with the requirements of Section 7.10 hereof and Trustor fails to cure such default within <br /> the applicable time specified in Section 7.10; <br /> e. Subject to Trustor's right to contest such charges as provided <br /> herein, Trustor fails to pay taxes or assessments due on the Land or the Improvements <br /> or fails to pay any other charge that may result in a lien on the Land or the <br /> Improvements, and Trustor fails to cure such default within and Tenant fails to cure <br /> such default within twenty (20) days of the date of delinquency, but in all events prior to <br /> the date upon which the holder of any such lien has the right to pursue foreclosure <br /> thereof; <br /> f. Any representation or warranty of Trustor contained in or made in <br /> connection with this Deed of Trust or in any other City Document , or made in <br /> connection with the execution and delivery of any certificate or statement furnished by <br /> or on behalf of Trustor in connection with the Loan proves to have been false or <br /> misleading in any material adverse respect when made; <br /> g. If, pursuant to or within the meaning of the United States <br /> Bankruptcy Code or any other federal or state law relating to insolvency or relief of <br /> debtors ("Bankruptcy Law"), Trustor or any general partner thereof(i) commences a <br /> voluntary case or proceeding; (ii) consents to the entry of an order for relief against <br /> 16 <br /> OAK #4847-7399-4286 v5 <br />