201700735 - Laserfiche WebLink

Browse

2� 17��735 : Section S.U9. Estoppe� Cert�f��ate. The Grantor agrees at any t�me a�zd from tirrze to time, upa�. n�t �ess t�an 15 days' pr�or notice by the Beneficiary, t� execute, acknaw�edge and de��ver, w�thaut �harge, to the Benefic�ary or to any persan desrgnated by t�e Beneficiary, a statement in v�riting certifyir�g that �his Deed af Trust is unmadifed (or if there �.ave been modifications, identifying the same by the date thereof ar�d s�ecifyir�g the nature thereof}, t�e principal arnount then secured her�by and the ur�paid balance �f the �biigat�ons,that the Grar�tor has not received ar�y notice of default or notice af acceleration or foreclosure of this Deed of Trust �or if the �rantor has received such a notice, that it �as been re�oked, if such be t�e case�, that t� the knavvledge of the �ra�.tor r�o E�ent of Default ar Patent�al E�er�t of Defau�t exists hereunder(or if any such E�ent of I�efault ar Pot�ntia�Event of 17efault dnes ex�st, specifying the same and stating that the same has been cured, if suc� be the case), that the Grantor to its I�noWledg��.as nn c�a�ms �r affsets aga�nst the Ber�eficiary tor if t�e �rant�r�.as an�such claim.s, specifyir�g t�e same), a�d the dates to which the int�rest and the oth�r sums and charges paya�le by the �rantor pursuar�t to the �redit Agreemer�ts�ave 1�een�aid. Sect�an B.lU. Trustee, (A� Subject to applicable Iaw, the Trustee may res�gn by an ir�strurnent in ,writ�ng addressed to the Ber�efic�ary, ar the Trust�e may be rern.o�red at any time �ith or�vithaut cause by an instrument in�rit�ng e�ecuted by the Benefic�ary, Ir� case of the deat�., resi�natior�, remova� ar dis�ualif�catiar� af the Trustee �r if for any reasan the Bene�c�ary sha�� deem it :: desirable to appo�nt a subst�tut� or succ�ssar Tr�st�e, then the Beneficiary shal� have the right :- - and is hereby author�zed ar�d empoWered to appoint a successor Trustee, or a substitute Trustee, vv�thaut ather formality than. appoi�ztme�t and des�g-�at�o�.�n vvr�tzr�g executed b�the Ben�f��ary, and the author�ty �ereby cor�ferred shall e�tend t� the appo intment �f ather suc�essar and �: substitute Trustees successive�y until the Grantor's ob�igations have been satisfied under Secti�n 7.�� hereof or until the Trust Esta�e is sold�ereunder. Such appaintment and designation by the Bene�ciary shall be fu�� e��dence of the right and author�ty to mal�e t�e same and alI facts there�n � recited. A�� references here�n s�al� be deemed to refer to the Trustee �ir�clud�ng any suc��ssor or subst�tute appointed and des�g�ated as here��. pra�ided) from t�me t� t�me act�ng hereur�der. E�cept as other�wise required by appl�cable �aw, the Trustee shall not perfarm any act or om�t to act �ereunder uniess, pri�r t� such act or am�ssian, the Ber�eficiary delivers to the Trustee direction to so a�t�r om�t to a�t. The �rantor hereby ratifies and conf�rms any and al� acts v��ch the Trust�e herein riamed or its successor or successors, substitut� or subst�tu�es, i� this trust, shall do �awful�y by vir�ue h�reof. �B} The Trustee shal� not be 1�able for any errar of judgment or act done by the Trustee in good fa�t�., or otherv��se be respons�b�e or accauntable under a�zy c�rcumstances vvhatsoever, e�cept for the Trustee's gross negl�gence or w�l�ful misconduct. The Trustee shal� F� �,:. have the right t� rely upor� any instrument, dncument or signature aut�or�zing ar supparting any ; ::: act�an take�. or pr�pased to be taken by it hereunder, be�ieved by it in good faith to be g�nuine. The Trustee shal� be er�titled to re�m�ursement far e�per�ses incurred by �t �n the performance nf �ts dut�es hereur�der and to reaso�.ab�e compensation for such of�ts ser�ices �.ereunder as sha��be ;: rendered. All moneys received by the Trustee sha�l, unti� used or applied as herein prov�ded, be �eld �n trust for the purposes f�r Wh�ch th�ey were received, but need not be segregated �n any �-