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87105336
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1987
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87105336
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Last modified
10/19/2011 12:18:25 PM
Creation date
3/27/2008 2:48:32 PM
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DEEDS
Inst Number
87105336
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87-. 1()5339 <br />13. The irrevocable right to appoint a substitute trustee or trustees is hereby expressly <br />granted to the Beneficiary. his successors or asslo.ne, to be exercised at any time hereafter <br />without specifying any reason therefor. by filing for record in the office where this instru- <br />ment is recorded a substitution of Trustee. Prior to recording the substitution of Trustee, <br />a copy of the instrument of the substitution of the successor Trustee shall be mailed to <br />the Truster and all persons who have requested notice of default and notice of sale by filing <br />such request with the office of register of deeds where this Deed of Trust is recorded. <br />14. If more than one person joins in the execution of this instrument as Trustor, or if <br />aayssM so joined be of the feminine sex, the pronouns and relative words used herein shall be <br />road as if written in the plural or feminine, respectively, and the term "Beneficiary" shall <br />ineludo any payee of the indebtedness hereby secured or any assignee or transferee thereof <br />whether by operation of law or otherwise. The covt pants herein contained shall bind and the <br />rights herein gcaoted or conveyed shall inure to the respective heirs, executors, administrators <br />snecesars, and assigns of the parties hereto. <br />13. In compliance with section 101.1(d) of the Rules and Regulations of the Small Business <br />Administration (13 C.P.R. 101.1(d)), this instrument is to be construed and enforced in <br />accordance with applicable Federal Law. <br />16. A judicial decree, order, or judgment holding any provision or portion of this <br />instrument invalid or unenforceable shall not in any way impair or preclude the enforcement <br />of the remaining provisions or portions of this instrument. <br />17. The sale of the real estate which is the subject of this Deed of Trust without the <br />urior written consent of the Beneficiary is agreed to be a material default by the Trustor <br />tad the Baneficiary shall have the option to declare the whole indebtedness secured thereby <br />to be due and owing and the power of sale conferre3 upon the Trustee may be exercised <br />,)ucsuent to this document and applicable statutes. <br />IN WITNESS WHEREOF. Trustor has executed this instrument and the Trustee and Beneficiary <br />ire deemed to have accepted their respective rights and duties when a duly executed and <br />acknowledged copy of this Instrument is delivered to them. <br />Elaine F. ay-An <br />l eery Dysau <br />(Add Appropriate Ackviowledgmer.t) <br />SWE QE NOMM ) Before sae, a galified ..may Public, p-- uai.ly ` <br />` k <br />SS: ammred e (A 1 <br />) S <br />
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