Default for Failure to Perform. In addition, in the event that Trustor shall, voluntarily or involuntarily, take or permit to be taken any act, or fail to take any act which results in an acceleration of the due date of the principal balance of the Senior Note or a change in the terms thereof (other than a change in the interest rate pursuant to an adjustment to a variable interest rate set forth in such Senior Note) or in the making of a future advance secured by the Senior Encumbrance (if such advance increases the principal balance of the Senior Note to an amount greater than the principal amount shown on said Senior Note), then, irrespective of whether or not Trustor's act or omission constitutes a default under the Senior Note or Senior Encumbrance and irrespective of the Senior Note holder's actual authority or entitlement to accelerate or change such terms, subject to applicable cure periods, Beneficiary may elect at any time thereafter to accelerate and declare the entire principal balance and all accrued and unpaid interest on the Note, and all other sums secured hereby, immediately due and payable. Without in any manner limiting the aforesaid right of Beneficiary to accelerate in such event, Beneficiary may also elect to perform or discharge the Senior Encumbrance obligations or contest, at Beneficiary's sole discretion, the right and authority of the holder of the Senior Note to take the above-described action. In the event that Beneficiary shall perform or discharge all or part of the Senior Encumbrance Obligations, expenditures thus made by Beneficiary shall be reimbursed by Trustor to Beneficiary on demand. In the event that Beneficiary shall contest the aforesaid action taken by the holder of the Senior Note, Trustor agrees to cooperate with Beneficiary in such contest.
