Item A: Beam Development Purchase and Sale Agreement Terms

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Default, including, but not limited to, the right to sell the Collateral at public or private sale, and the right to be a purchaser at any such sale; (c)demand, elect and receive all the Rents and profits as then or may thereafter be due and owing to Grantor in connection with the Premises and the Collateral and exercise all other remedies set forth in Article III hereof pertaining to the Leases and Rents; (d)have all other remedies available at law or in equity; and (e)Beneficiary shall have the right either through its own actions or by receiver appointed under Section 5.4 below: (i)to enter upon and take possession of the Premises and the Collateral and to operate same for and on behalf of Grantor; (ii)to collect all of the Rents; (iii)to expend such sums of money which it may deem necessary for the maintenance, preservation and operation of the Premises, including expenditures for improvements, alterations and repairs, including those of a capital nature; (iv)to cancel or terminate any Lease or agreement pertaining to the Premises for any cause for which Grantor would be entitled to cancel the same and to extend or modify any Lease and make any new Lease on any portion of the Premises; (v)to complete any construction in progress on the Premises, and in that connection, pay bills, borrow funds, employ contractors, and make any changes in plans or specifications as Beneficiary or the receiver deems appropriate; and (vi)if the revenues and income are insufficient to pay expenses, Beneficiary or the receiver may borrow such sums as Beneficiary or the receiver deems necessary for the purposes stated in this Section 5.1. The amounts borrowed including interest thereon shall become a part of the balance secured by this Deed of Trust and shall be payable by Grantor on demand. Any sums so expended by Beneficiary under this Section 5.1(e) shall at once become additional indebtedness owing from Grantor to Beneficiary and shall be immediately due and payable by Grantor, with interest thereon to the extent legally enforceable at the default rate set forth in the Note, which sum so advanced shall be added to and become a part of the indebtedness secured by this Deed of Trust. 5.2Distribution of Sums Received by Beneficiary. Upon enforcement of this Deed of Trust upon the occurrence of an Event of Default, all sums received from time to time by Beneficiary shall be applied as follows: - 56 -