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76006513
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Last modified
7/15/2017 8:24:19 PM
Creation date
9/16/2014 10:11:11 AM
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DEEDS
Inst Number
76006513
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p � . � i . . 11 . . <br />� - � rv� `�� <br /> 4. �Ym� . . . . . � . � � <br /> p <br /> �A <br /> g 7�_ 0065 �i3 <br /> `;4 � <br /> ;n <br /> t <br /> � ( 1 ) Before taking any action under this Section 801 <br /> � ;: the Trustee may require that a satisfactory indemnity bond <br /> ` be furnished for the reimbursement of all expenses to which <br /> ` it may be put and to protect it against all liability , except <br /> x liability which is ad,judicated to have resulted £rom its <br /> � ��; negligence or willful default in connection with any action <br /> = '� so taken . <br /> >'s <br /> � ( m ) All moneys received by the Trustee or any paying <br /> f� agent shall , until used or applied or invested as herein pro - <br /> v;� vided , be held in trust for the purposes for vrhich they were <br /> �F received but need not be segregated from other funds except <br /> `x to the extent required by law . PJeither the Trustee nor any <br /> �� paying agent shall be under any liability for interest on <br /> k <br /> F any moneys received hereunder except such as may be agreed <br /> ;� upon . <br /> � <br /> ;� ( n ) If any event of default under this Indenture shall <br /> ,� have occurred and be continuing , the Trustee shall exercise <br /> t� such of the rights and powers vested in it by this Indenture <br /> :a� and shall use the sar,ie degree of care as a prudent man would <br /> ?� exercise or use : in the circumstances in the conduct of his <br /> , own affairs . <br /> :;� <br /> � Section 802 . Fees Char es and Expenses of Trustee . The <br /> � <br /> � �. Trustee shall be entitled to paynent and or reimbursement for rea- <br /> sonable fees and for its services rendered hereunder and all ad- <br /> �; vances , counsel fees and other expenses reasonably and necessarily - <br /> °; made or incurred by the Trustee in connection vrith such services . <br /> .;;� The Trustee shall be entitled to payment and reinbursement for <br /> '°� the reasonable fees and char es of the Trustee as <br /> � 8 paying agent and <br /> _,� Bond Registrar for the Bonds and coupons as hereinabove provided . <br /> � Upon an event of default , but only upon an event of default , the <br /> ;$ Trustee shall have a right of payment orior to payment on account <br /> s of interest or principal of , or premiun , if any , on any Bond for <br /> �.,t: the foregoing advances , fees , costs and expenses incurred . <br /> �� � <br /> � Section 803 . I�dotice to Bondholders if Default Occurs . <br /> u„ If a default occurs of which the Trustee is by subsection g of <br /> =�.� Section 801 hereof reauired to take notice or if notice of default <br /> `''� be given as in said subsection ( � ) provided , then the Trustee shall <br /> "` give written notice thereof by mail to the 12st lcr.own or;ners of all <br /> -`>_ <br /> ,:;s; Bonds then outstanding shot�n by any list of bondholders required <br /> ;;; by the terms of this Indenture to be icept at the office of the <br /> �.�� Truatee . <br /> ,,� <br /> „^� <br /> ;;� <br /> ,,s <br /> ;i <br /> ;;; <br /> ;�; — 64 — <br /> ;:. <br /> = R <br /> ::' <br /> ';t <br /> q �� <br /> h �•'4: j - _�Ie <br /> �A* k <br /> !- '�:�. ' <br /> � ' _ �. . < � � � , ;: , <br /> ;� <br /> , <br /> � � �. ��� ' <br /> ca ' ; . <br /> ui <br />,- ; <br /> a <br />` �.�. � � <br />; <br /> � <br />- � <br />
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