My WebLink
|
Help
|
About
|
Sign Out
Browse
200206623
LFImages
>
Deeds
>
Deeds By Year
>
2002
>
200206623
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/15/2011 12:34:46 AM
Creation date
10/22/2005 8:53:57 PM
Metadata
Fields
Template:
DEEDS
Inst Number
200206623
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
20
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
200206623 <br />(iii) Pay, purchase, contest or compromise any encumbrance, charge <br />or lien, which in the judgment of either appears to be prior or superior hereto. <br />In exercising any such powers or performing any such acts Beneficiary and Trustee <br />are hereby authorized to enter upon the Property at any time for such purpose and to <br />incur any liability and expend whatever amounts in their absolute discretion they may <br />-deem necessary therefor, including, but not limited to, the cost of evidence of title and <br />the employment of counsel and the payment of counsel's reasonable fees. <br />ARTICLE IV <br />CONCERNING TRUSTEE <br />Section 4.1 Liability and Acceptance. Trustee, by its acceptance hereof, <br />covenants faithfully to perform and fulfill the trusts herein created, being liable, however, <br />only for willful negligence or misconduct. Trustee accepts this trust when this Deed of <br />Trust, duly executed and acknowledged, is made a matter of public record as provided by <br />law. <br />Section 4.2 Resi ng ation. Trustee may resign at any time upon giving thirty <br />(30) days' notice in writing to each Trustor and to Beneficiary. <br />Section 4.3 Successor Trustee. Beneficiary may remove Trustee at any time <br />or from time to time and select a successor trustee. In the event of the death, dissolution, <br />removal, resignation, refusal to act, or inability to act of Trustee, or in its sole discretion for <br />any reason whatsoever, Beneficiary may, without notice and without specifying any reason <br />therefor and without applying to any court, select and appoint a successor trustee, and all <br />powers, rights, duties and authority of Trustee, as aforesaid, shall thereupon become vested <br />in such successor, without any need for conveyance from any predecessor trustee. Such <br />successor trustee shall not be required to give bond for the faithful performance of its duties <br />unless required by Beneficiary. Such successor trustee shall be appointed by written <br />instrument duly recorded in each county where the Premises or any part thereof are located, <br />which appointment may be executed by an authorized agent of Beneficiary and if <br />Beneficiary is a trust or corporation and such appointment be executed in its behalf by any <br />single trustee or officer of such trust of corporation, such appointment shall be conclusively <br />presumed to be executed with authority and shall be valid and sufficient without proof of any <br />action by the trustees or Board of Directors or any superior officer of the trust or corporation. <br />Each Trustor hereby ratifies and confirms any and all acts which the herein Trustee, or its <br />successor or successors in this trust, shall do lawfully by virtue hereof. <br />ARTICLE V <br />MISCELLANEOUS <br />Section 5.1 Limited Liability: Notwithstanding anything contained in this <br />Deed of Trust, Hall County hereby joins in the execution of this Deed of Trust for the sole <br />purpose of subjecting and subordinating to this Deed of Trust any right, title or interest in <br />Deed of Trust -13- <br />
The URL can be used to link to this page
Your browser does not support the video tag.