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'01701707 Joint Signatures 33. If the Trustor is more than one person or legal entity, each person or legal entity who signs it will be jointly and severally bound to comply with all covenants and obligations of the Trustor and the said covenants and obligations will bind all of the Trustor's successors and permitted assigns. The Trust will enure to the benefit of the Beneficiary and the Beneficiary's successors and assigns. Statutory Covenants 34. The covenants contained in this Trust are additional and supplemental, to the extent permitted by law, the covenants set out in the Applicable Law regarding trusts. Substitute Trustee 35. The Beneficiary may, at its option, from time to time appoint a new Trustee by an instrument executed and acknowledged by the Trustor and recorded in the office of the Recorder of the county in which the Property is located. The instrument will contain the name of the original Beneficiary, Trustee, and Trustor, the book and page where the Trust is recorded and the name and address of successor trustee. The sucessor trustee will succeed to all the title, powers, and duties conferred upon the Trustee. Demands and Notices 36. Any notice given by either party in this Trust must be in writing. Unless otherwise provided in this Trust or prohibited by law, where this Trust allows or requires the Beneficiary to make a demand on or give a notice to any person (including the Trustor), the Trustor will make the demand or give the notice by: a. delivering it to the person at the Property or person's last known address; b. by mailing it by prepaid registered mail addressed to the person at the Property or the person's last known address; c. by sending it by facsimile to the person's last known number; or d. where the person is a corporation, by so delivering or sending it to the last known address or number of a director, officer, employee or attorney of the corporation. 37. Any party in this instrument whose address has changed are responsible for notifying the other respective parties of the change in address. 38. Any notice or demand delivered as described will constitute as sufficient delivery. Any notice, demand, mail and facsimile (the "Notice ") made will constitute as being effective on the same day that it was sent, unless the day in which the Notice was sent falls on a national holiday, Saturday or Sunday, in which case, the next business day would be considered as the day of receipt.