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<br /> - �� meaninFs assigned therer.o irnmediately prior to such payment and discharEe, sabject to �"' `
<br /> ' k subsequertt amendment or mn,�ification in accordance with thz ttrma hereo�. �
<br /> _ �,.
<br /> � ARTICLE IV �`"''
<br /> 4 •�
<br /> s' �; Particul�rFtoxisions �'
<br /> Tliis Dec�i of Trust is sabject to the foAowing provisions relating to the �"`��
<br /> •�� '" � particulnr laws of the statt�wherein the Premi�es tin locxted:
<br /> e ��.
<br /> � ',', Sectit�n�b.01. @pplicable I.aw;Certain Particular ProviSions. This Dad of
<br /> :,.
<br /> Trust shall b�g�veened t�y aad constnier�in accordance with the in¢emal law of[he State of �-
<br /> . •� Ne�v York;�, z vever,chat the�rovisions of this Deed of Trust relatin�to ehe !�
<br /> � cv�eation, perfection auu� e.nforcement of�he lien snd securiry iaterest created by this Deed of �..
<br /> �� T�rust in respect of the TuusQ Property and the exercise of each remedy provided hereby, �—
<br /> . iwcluding the powec of forec➢asure ar po�•er of sale procedures set forth in this Deed of =
<br /> - Trust. shaU b¢�overned by and construed in accordance with the intemal taw of the state _
<br />= ••'•�` w�here th� Truist Prope�n•is located.and Granror and Beaeficimry will submit to jurisciicdan -
<br />,• '<<'':':�:!:, � -
<br /> - ��'_; .,•�. ' nnd tho laytng of vanue far any suit on this Deed of Trust in such state. The t�e¢s�s and
<br /> :_ �.� ,�,,�;.; . ,
<br /> =�,'•"�'�'"sf'^�. , provlsions set fonh in R}�+endix A attached hereto are hereby incorpornted by reterence as -
<br />':"%:S<��'�;t�Y.
<br />:�;�,;,;,,,,,;,, ;`�,4� though fully set forth h¢r.cSn. In the event of any conflict btnveen thc tcrms and provisions
<br /> , �,� ;, contained in nfic�budy o�thls Deed of�frust and the:terms aaxl psovisions set forth in
<br /> ;:;';t� ;_;;`��'`.:_ `� p,�nendix A, ehe tesms o3�:9 provisions see forrh in nendiz,e shalG govern and conE�ol.
<br /> v_4.�.�
<br /> a•+.;re
<br /> --�'.••_ .
<br /> _ � �-"'�° Sectio;z�1.02. Trustee's Powers and Liabilities. (a) Trustce.by acceptance
<br /> -_��' ��"� hereof,covenanu fa3.tt�fi���1��to perform nnd fulfill the trusts herein created�being liable, -
<br />"-'••�.�, , �� ^ however. only for geoss r.rgligence or wilful miscanduct, and hereby waives any ataturory fee -
<br />- �-'�.•_a and ugrees to accept r�,�.gvna6le compe�sation, in lieu thereof,for any servias rendered by it
<br /> _���� in accordance wicti tt�e tr.;rms hereof. Afl authorities,powers and discretions given in thic
<br /> -�:;;��:_�y-� Dxed of'I'rust to Tntste�e�ndlor Beneficiary may be exerciscd by either, without the other,
<br /> __ =y�—:� with the same eff�cc as if exercised jo9�dy.
<br />__ �^",�., (5) Tivutec may res9s�n uu any dme upon givIng thirty(30)days'nctice in
<br />-- `nu'��-` writing to Gr�nto�er.,�to Beneficiary.
<br />- - , .�. -.
<br /> _-..;�..
<br /> .--;i:;���=:y'� (r.) �trteficiary may ranove Trustce tt any tIme or from time 4v tims aad
<br /> -'�"-�"�'� select a suceessor trustce. In the evera�o�'the death,eemoval,resignadon, refusal to act, �
<br /> ;,.-�i�4�?� inability to act o7 st:e�ence of Trustee fro�tha state In which the premises are located, or in
<br /> `��`� �= its sole discroti�.�fcxr nny reason whatsoever.Beneficiary may,without notica m:nd without
<br /> ,_ � ,y�.� _
<br /> _-R�-yµ`: specifying the reu�so•r,therefor and without applyin�to any court� select and a��ar,int a -
<br /> �:=;s.��:: • sucoessor uustec. and nU powers, ri�hts, duties anal authority of the former T�a,�stee,as �_�_
<br /> -�;�i,�.,;;� .; -� aforesald, si�.�1�-tt,eeeupon become ves�r.sa dn such successor. Su�,t►�@►sdtuu tsusue sh�ll not - �
<br />_ --:��'���� be requirod tm�i�•e bond for the faithf�➢g�edormance of his duties u�nless requeffed by ,�'
<br />-���,�`�� Benefic;ary. S1ich substitute uvstee shall be appoiasterl by writt�n inmument c��sZry recorded in
<br /> .••;:. � ..
<br /> . the county wliuro the Land is located. Gratitor bereby ratifies and confirms any and all acts _
<br /> ,.54•..'�.� t�l CORP:.)OS0761.WPQ0-03 22N1 0.!lpm� �.._
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