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<br /> �" provieions her�of. t ��'�'
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<br /> ' ',, (b) The Trustee may, at its option, resign as � . ,
<br /> � Crustea hereunder by notice qiven to the Beneticiary, and
<br /> T � such resignation ahall be effective on the earlier to occur � . .
<br /> of (i) the date which ia 30 days after the date on which the `
<br /> � Trustee qives such no�ice to the Beneficiary or (ii) the date
<br /> on which a successor trustee is appointed by the Beneticiary
<br /> � and acaepts suah appofntment. .
<br /> , ,
<br /> ;:�� � (c) The Beneficiary may, at its option, �aith or J
<br /> ,.�.�..
<br /> ; ,;�,.,.,:'�� . "� �::`� without cause or notice, remove the Trustee, appoint a suc-
<br />. � cessor trustee or appoint an additional trustee or trustees , .
<br /> �' . (fncludinq a separate trustee for each jurisdiction in rrk�ich
<br /> � the Trust Property is located) hereunder by an instrument in ; 1;�:_„��_
<br /> � writing executed and acknowledged by the Benaficiary and , ,
<br /> ,.,;�R. ,,. accepted by su�h succeasor or additional trustee and �I '
<br /> recorded, registered or filed in the real estate reaords of ; `.,, { ,�^���
<br /> �: .�r�� the jurisdfction in which the Trust Pro��rty affected by such �
<br /> . �'�' �' instrument is lacated; and� thereupon, without further act,
<br /> � �' �� : �,� deed or conveyance, such substitute oa� additional trustee ;{.' `
<br /> `� ���'t � shall be fully vested with a�l estate, right, title and
<br /> `,:.;` � interest of its predecessor or co-tr�stee in, to, under or ;
<br /> • dlerived from the Trust Px�opert� and a]1A urights, powers,
<br /> �, ` '."; �+�r�ivileges and oblign�..ivr�a t+f sua�: gr�sl��essor �r co-trustee, � _
<br /> � with the same e�fect as if such successor or additional '�•--:+..
<br /> „ " �:�`.', � .�•;�,� ,
<br /> ,� r� ��' trustee had originally been named as trustee or co-trustee ,
<br /> �;, .''";�•�, hereundes. The execution, acknowledg�m�nt and recording,
<br /> .;;;,�t� ':,: registr��ion or filinc� of such an ins�krwment shall be con-
<br /> ,.`'�,��, ;�� : ,,f{� : clusiv� eviderace against the Trustor, tP�e Trustee and all
<br /> . ' ';. ;�.iz,.•;• ,.,..;;��� other Pe�sons of the proper xemoval of the Trustee and sub-
<br /> � : �; �:.�s,. •� •�,� i' stitutian or addition of the successor or additional trustee;
<br /> - ' ��'���{' and, if the Beneffciary or such successor or additional
<br /> . ��'1 �„•�.r..`� .
<br /> , �„-.rs.. ..:,i,'�. trustee as a corporation, the execution and acknowledqetaent
<br /> � `'.' by an officer of such corporation shall be conclusive
<br /> :�;',,
<br /> '<i.:.:_{��t� evidence against all other Persons of the due authorization,
<br /> �•�.;;, execution and delivery thereof ��% such corporation.
<br /> (d) Notwithstanclinc; anythinq herein to the con- .
<br /> � trary, t�ie Trustee shall not eatezcise ar waive the exexcise
<br /> � of any of its rights, powers or �emedies hereunder or oti�er-
<br /> ��, wise act or refrain from actin� under or with respect to this ,
<br /> � I����•.� Deed of Trust unless directed to do so by the Beneficiary, ,
<br /> ,;..,.
<br /> :,:l�k�, .. and the Trustee shall exercise or waive the exercise of any .
<br /> ' ''`� � „ of its rights, powers or remedies hereunder and otherwise act
<br /> or refrain fror� acting under or with respect to thfs Deed of
<br /> ' ��'��' Trust when and ia� the ma nner d irected by the nane f ic iary,
<br /> -48- .
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