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200206622
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200206622
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Last modified
10/15/2011 12:34:34 AM
Creation date
10/22/2005 8:53:55 PM
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DEEDS
Inst Number
200206622
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200206622 <br />ARTICLE V <br />MISCELLANEOUS PROVISIONS <br />5.01 Successors and Assigns. Subject to the provisions of Section 3.12 hereof, this <br />Instrument shall inure to the benefit of and be binding upon Grantor, Beneficiary and Trustee and <br />their respective heirs, executors, legal representatives, successors and assigns. Whenever a <br />reference is made in this Instrument to Grantor, Beneficiary or Trustee such reference shall be <br />deemed to include a reference to the heirs, executors, legal representatives, successors and <br />permitted assigns of Grantor, Beneficiary or Trustee. <br />5.02 Terminology. All personal pronouns used in this Instrument whether used in the <br />masculine, feminine or neuter gender, shall include all other genders; the singular shall include <br />the plural, and vice versa. Titles of Articles and Sections are for convenience only and neither <br />limit nor amplify the provisions of this Instrument itself, and all references herein to Articles, <br />Sections or Subsections thereof, shall refer to the corresponding Articles, Sections or Subsections <br />thereof, of this Instrument unless specific reference is made to such Articles, Sections or <br />Subsections thereof of another document or instrument. <br />5.03 Severability. If any provision of this Instrument or the application thereof to any <br />person or circumstance shall be invalid or unenforceable to any extent, the remainder of this <br />Instrument and the application of such provisions to other persons or circumstances shall not be <br />affected thereby and shall be enforced to the greatest extent permitted by law. <br />5.04 APPLICABLE LAW. THIS INSTRUMENT SHALL BE GOVERNED BY, <br />AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF GEORGIA <br />WITHOUT GIVING EFFECT TO ITS LAWS RELATING TO CONFLICTS OF LAWS, <br />EXCEPT TO THE EXTENT THAT THE LAWS OF THE STATE WHERE THE PREMISES <br />ARE LOCATED SHALL GOVERN THE ATTACHMENT, CREATION, VALIDITY, <br />PRIORITY, PERFECTION OR MANNER OR PROCEDURE FOR ENFORCEMENT OF THE <br />LIENS OR SECURITY INTERESTS CREATED BY THIS INSTRUMENT; PROVIDED, <br />HOWEVER, ANY REMEDIES PROVIDED IN THIS INSTRUMENT WHICH ARE VALID <br />UNDER THE LAWS OF THE JURISDICTION WHERE PROCEEDINGS FOR THE <br />ENFORCEMENT OF THIS INSTRUMENT ARE TAKEN SHALL NOT BE AFFECTED BY <br />ANY INVALIDITY UNDER THE LAWS OF THE STATE OF GEORGIA. <br />5.05 Notices. Except as otherwise provided herein, any notice required hereunder shall <br />be in writing and either shall be delivered in person, by telegraph, telex or facsimile <br />transmission, or by registered or certified mail, return receipt requested, postage prepaid, and <br />shall be deemed to have been validly served, given or delivered on the date of delivery in person <br />or delivery by telex, telegram or facsimile transmitter or three (3) days after deposit in the United <br />States Postal Service and addressed to the party to be notified at its address set forth in the <br />opening paragraph hereof or to such other address as each party may designate for itself by like <br />notice. <br />5.06 Substitution of Trustee. Beneficiary has the power and shall be entitled, in its sole <br />discretion and without cause, successively to remove Trustee, or any successor trustee, and to <br />-20- <br />
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