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201703232
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Last modified
7/3/2017 5:40:42 PM
Creation date
5/16/2017 2:58:08 PM
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DEEDS
Inst Number
201703232
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3.07. Agent is authorized to engage, compensate and discharge attorneys, accountants, or other <br />advisers. <br />Communication <br />3.08. Agent is authorized to communicate with any representative or employee of a government <br />or government subdivision, agency or instrumentality on owner's behalf. Agent may access <br />communications intended for and communicate on owner's behalf whether by mail, electronic <br />transmission, telephone or other means. Agent may prepare, execute and file a record, report or <br />other document to safeguard or promote owner's interest under a federal, state or local statute, <br />rule or regulation. <br />Taxes, Assessments, Fines or Penalties <br />3.08. Agent is authorized to pay, compromise or contest taxes, assessments, fines or penalties <br />and perform any other act to protect me from illegal or unnecessary taxation, assessments, fines <br />or penalties, with respect to an entity or business, including attempts to recover in any manner <br />permitted by law, money paid. <br />ARTICLE 4. COMPENSATION <br />Collection of Rent <br />4.01. Agent shall use its best efforts to collect all rents and revenues from the Premises. <br />Deposit of Revenues <br />201703232 <br />4.02. Agent shall establish and maintain, in a bank of Agent's choice, a bank account for the <br />deposit of all rent and other revenue collected from the Premises. If desirable, the Agent may <br />establish a separate account for each separate parcel of property among the Premises, or may use <br />a single bank account, so long as Agent's accounting records are sufficient to provide separate <br />operating statements for each separate parcel of property included in the Premises. <br />Disbursement of Revenues <br />4.03. From the funds collected and deposited in the deposit account described in Paragraph 4.02 <br />of this Agreement, Agent shall cause to be disbursed regularly and punctually all recurring <br />operating expenses of the Premises and all other disbursements related to the Premises as <br />authorized by this Agreement. <br />Agent Not Responsible for Excess of Expenses over Revenues <br />
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