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• 201005559 <br />writing addressed to the Beneficiary, or the Trustee may' be removed at any time with or without <br />cause by an instrument in writing executed by the Beneficiary. In case of the death, resignation, <br />removal or disqualification of the Trustee or if for any reason the Beneficiary shall deem it <br />desirable to appoint a substitute ar successor Trustee, then the Beneficiary shall have the right <br />and is hereby authorized and empowered to appoint a successor Trustee, or a substitute Trustee, <br />without other formality than appointment and designation, in writing executed by the Beneficiary, <br />and the authority hereby conferred shall extend to the appointment of other successor .and <br />substitute Trustees successively until the Grantor's obligations have been satisfied under Section <br />7.Q2 hereof ar until the Trust Estate is sold hereunder. Such appointment and designation by the <br />Beneficiary shall be full evidence of the right and authority to make the same and all facts therein <br />recited. All references herein shall be deemed to refer to the Trustee (including any successor or <br />substitute appointed and designated as herein provided) from time to time acting hereunder. <br />Except as otherwise required by applicable law, the Trustee shall not perform any act or omit to <br />act hereunder ,unless, prior to such act or omission, the Beneficiary delivers to the Trustee <br />direction to so act or omit to act. The Grantor hereby ratifies and confirms any and all acts which <br />the Trustee herein named or its successor or successors, substitute ar substitutes, in this trust, <br />shall do lawfully by virtue hereof. . <br />(B) The Trustee shall not be liable for any error of judgment ar act done by the <br />Trustee in good faith, ar otherwise be responsible or accountable under any circumstances <br />whatsoever, except far the Trustee's gross negligence ar willful misconduct. The Trustee shall <br />have the right to rely upon any instrument, document or signature authorizing or supporting any <br />action taken or proposed to be taken by it~hereunder, believed by it in good faith to be genuine. <br />All moneys received by the Trustee shall, until used or applied as herein provided, be held in <br />trust for the puzposes for which they were received, but need not be segregated in any manner <br />from any other moneys (except to the extent required .by law ar by the Beneficiary), and the <br />Trustee shall be under no liability for interest on any moneys received by it hereunder. <br />(C) "1'he Beneficiary hereby agrees to indemnify and save harmless the Trustee <br />from and against any liability or damages which the 'trustee may incur or sustain in the exercise <br />and performance of its rights and duties hereunder, unless incurred or sustained as a result of the <br />Trustee's gross negligence or willful misconduct. <br />[Signatures follow on next page.] <br />fb.us.S471978.01 <br />24 <br />