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81006050
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Last modified
1/14/2010 11:27:18 PM
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1/14/2010 11:25:20 PM
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DEEDS
Inst Number
81006050
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2A4 <br />$~' Z~t~~~;~;; <br />Successor Trustee, which shall supersede any Trustee there- <br />tofore appointed by the Issuer. Photographic copies of each <br />such instrument shall be delivered promptly by the Issuer to <br />the predecessor Trustee, the Successor Trustee so appointed <br />by the B~a.aolders, and the Company. <br />If no appointment of a Successor Trustee shall be made <br />pursuant to the foregoing provisions of this Section, the <br />holder of any Bond outstanding hereunder or any retiring <br />Trustee may apply to any court of competent jurisdiction to <br />appoint a Successor Trustee. Such court may thereupon, <br />after such notice, if any, as such court may deem proper and <br />prescribe, appoint a Successor Trustee. <br />Any Successor Trustee appointed under the prrovisions of <br />this Indenture shall be a financial institution duly <br />authorized to exercise corporate trust powers and subject to <br />examination by federal or State authority. <br />Section 915. Vestin of Trusts in Successor Trustee. <br />Every Successor Trustee appointed hereunder shal execute, <br />acknowledge and deliver to its predecessor, and also to the <br />Issuer, an instrument in writin.~ accepting such appointment <br />hereunder, and thereupon such Successor Trustee, without any <br />fur ~'~er act, shall become fully vested with all the rights, <br />immunities, powers and trusts, and subject to all the duties <br />and obligations, of its predecessor; but such predecessor <br />shall, nevertheless, on the written request of its successor <br />or of the Issuer, and upon payment of the expenses, charges <br />and other disbursements of such predecessor which are <br />payable under the provisions of Section 905 of this Article, <br />execute and deliver an instrument transfering to such <br />Successor Trustee all the rights, immunities, powers and <br />trusts of such prececessor hereunder; and every predecessor <br />Trustee shall deliver all property and moneys held by it <br />hereunder to its successor. Should any instrument in <br />writing from the Issuer be required by any Successor Trustee <br />for more fully and certainly vesting in such Successor <br />Trustee the rights, immunities, powers and trusts hereby <br />vested or intended to be vested in the predecessor Trustee, <br />any such instrument in writing shall and will, on request, <br />be executed, acknowledged and delivered by the Issuer. <br />Notwithstanding any of the foregoing provisions of this <br />Article, any financial institution having power to perform <br />the duties and execute the trusts of this Indenture, and <br />otherwise qualified to act as Trustee hereunder, with or <br />into which the financial institution acting as Trustee may <br />be merged or consolidated, or to which the assets and <br />business of such financial institution may be sold, shall be <br />deemed the Successor Trustee. <br />Section 916. Trustee to Give Notice of <br />payment of Bonds or on the <br />69 <br />t___ <br />U <br /> <br /> <br />
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