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201702233
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Last modified
7/28/2017 2:52:33 PM
Creation date
4/10/2017 12:05:18 PM
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DEEDS
Inst Number
201702233
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2� 17�2233 <br /> �a�ance. Trustee shail �� u�der �� duty to ta��e ar�y a.ct�on'�e�eun�er e��ept as e�pressly <br /> re�uire�hereund�r or by �aw, or to perform any act which W�uld invo��� Trus��� in ar��e��e�se <br /> or lial�ility or t� in��itute �r defend any sui� ir� respect hereaf, ur�less proper�y indemn�f�ed to <br /> Trustee's reas�nable sat�sfa�tion. Trustee, by accep�ar�ce of this Securlty Instrume�t, covenar�ts <br /> to perfo�m ar�d fulfi�l the �ru�ts h�rein creat�d, being liable, haw��er� on�y for �ad fa�th, gross <br /> negligenc� �r �villful mis�onduct, and her�by �aives ar�y s�atutor� fee and agrees to accept <br /> commer��a���r r�asonab�� camp�nsat�an, �n l�eu thereof, far an� s�rv�ces rendered by Truste� in <br /> acGardan�� with the ���-ms hereof. Trustee ma�re��gn at any t�me upon gi�ing thirty �3�� da.ys' <br /> n�tice to Individual Borrower �.nd to L�nder. Lender �a� remQve Tr��te� at any time ar from <br /> tim� ta time a�d s�1�ct a success�r trustee, ��a���ed such successor trustee sha.11 a�ree to waive <br /> any st�.tutor� fe� and sha�1 a�r�e to acc�pt Commercia�l� rea�anab�e ��mper�sat�on, �r� 1ieu� <br /> there�f. In the e�er�� �f the death, remava.ly res�gnatiar�, refusa� to act, or ��.ab��ity to a�t af <br /> Trust�e, or �r� its s�l� d�scret�an for an� reasan �hats���e� Le�der �nay, v�r�thout riotic� �nd <br /> Withou� spe�ifying an� reaso� ther�far and ��.t�.aut app�ying to any c�ur�, se1e�� and appoir�t a <br /> su���s�or truste� � roW�ded such successa��rustee sha11 agree t�wa��e an�statutory fee and sha11 <br /> agree to accept cam.mercia��y r�asonable cQmpen�ati�n, in �ieu, ther��-�� by an ir���rurnent <br /> rec�r�ed wher��er this �ecurit� Instrumer�t is re�arded and a11 pov�ers, rights, c�ut�es and <br /> a.utharit� af Truste�, as aforesa.��, sha�l ther�u�on be�ome vest�d ir� such suc������. Suc� <br /> substitute trustee shali nat be requir�� to gi�e bor�d for the faithful perfarm_ance of the duties �f <br /> Trustee her�under unless requ�red by Lender. The procedure pra�ide� for in th�� pa�ag�raph for <br /> su��t�tut�an �f Trustee s�a1� �e i� a�ditiQn to ar�d not i� e�clusion of a�� o�her prflv�s�ans f�r <br /> subst�tut��n, �y �aw or other�vis�. <br /> S�ction 15.� Tru�te�'� Fees. Ir����r�.dua� Barra�ver sha�l �a� a�i reasonab�e and <br /> d�cument�d costs, fees and e�pens�s �n�urred b� T�ustee and Trustee's ager�ts and counse� �r� <br /> connectior� w�t�i t�e performar�ce b�r Trustee of Trustee�s dut�es hereund�r and a�� such c�sts, <br /> r�asonal�l� and dacumented fees a�d e�pe��es sha�I be secured l�y th�s Securft�Instrum.ent. <br /> Sectian 15.3 Certain R��hts, Aft�r an� during th� ��ntinuance af an E�rer�t of <br /> I�efault, with the appro�a� of Lender, Trustee �ha11 hav� th� right to ta1�e ar�� and all of th� <br /> . fo��o�r�ng acti�ns: �a)to select, �m.p�ay, and advise v��th caun�ei �wha may 1��� but nee� n�t, be <br /> ��unse� for Ler�der�upor� a.ny matters a.ris�ng he��ur�dera ar��i shall be fui��prote�te�in r��y�ng a� <br /> t� lega� n�a.tters on the ad�ic� of�ounsel, �b� to e�ecute any of the trusts and pawers hereof ar�d <br /> t� p�rf�rm any du���ereur�der either d�rectl� or through hislher agents or attorneys and ��� any <br /> and all ather Ia�vfu� act�ons a� Lender may instruGt Trustee t� tal��ta pr�tect �r enforc� Lender's . <br /> right� hereunder and as ar� perm�tte� by the Loa�. I]ocument�. Trustee sha�l not be p�rsor�ally <br /> ��abl� in �ase of entry b� Trust�e� �r any�ne ent�ring b� ��rtue �f th� p��er� herein grante� to <br /> Trust�e, upar� the Praperty f�r debts car�tract�d for or l�ability or damages �n�urr�d ir� the <br /> m.anagem�nt ar aperati�n �f the Fro�e��r, except fo� �ruste�'s �ad fa�th, grass negli�er��� or <br /> ����fu� rn�scon�iuct. Tru�tee sha�� have the right ta rel� on any instrum�nt, da�ument, or <br /> s�gnature auth�ri�ir�g or suppor��ng a.n acti�n ta���n o� �rQposed to be ta��n by Tru�tee <br /> hereunder, �e��e��d �y Truste� in ��od faith ta �e genuine. Trust�� sha�1 he �r�tit�e� t� <br /> r�imburseme�t for ac�ual reasona.ble �n� d�cumented ex�enses �ncurred by Truste� in the <br /> performanc� �f Trustee'� duties her�un�er and to �eas�nable comp�nsation far such of Trustee's <br /> s�r�r�ces hereunder as s�a��be rendered. <br /> �3 <br />
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