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2oioo�9�� exercise by the Beneficiary of its rights and rernedies hereunder, any foreclosure on all or any part of the Trust Estate and the cancellation or satisfaction of this Deed af Trust. Section 6.08. Trustee. (A) Subject to applicable law, the Trustee may resign by an instrument in writing addressed to the Beneficiary, or the Trustee may be removed at any time with or without cause by an instrum�nt in writing execut�d by the Beneficiary. In case of the death, resignation, removal or disquali�cation of the Trustee or if for any reason the Bene�ciary shall deexn it desirable to appoint a substitute or successor Trustee, then the Bene�ciary shall have the ri�ht and is hereby authorized and empowered to appoint a successor Trustee, or a substitute Trustee, withaut other formality than appointment and designation in writing executed by the Bene�ciary, and the authority hereby conferred shall extend to the appointment of other successor and substitute Trustees successively until the Grantor's obligations have been satisfied under Section 6.02 herenf or until the Trust Estate is sold hereunder. Such appointment and designation by the Bene�ciary shall be full evidence of the right and authority to make the same and all facts therein recited. All references herein shall be deemed to refer to the Trustee (including any successor or substitute appointed and designated as herein pravided) from time to time acting hereunder. Except as otherwise requrxed by applicable law, the Trustee shall not perfonn any act or omit to act hereunder unless, prior to such act or omission, the Beneficiary delivers ta the Trustee direction to so act or omit to act. The Grantor hereby ratifies and confirms any and all acts which the Trustee herein named or its successor or successors, substitute vr substitutes, in this trust, shall do lawfully by virtue hereof. (B) The Trustee shall not be liable for any error of jud�ment or act done by the Trustee in good faith, or otherwise be responsible or accountable under any circumstances whatsoever, except for the Trustee's gross negligence or willful misconduct. The Trustee shall have the right to rely upon any instrument, document ar signature authorizing or supporting any action taken or propased to be taken by it hereunder, believed by it in gaod faith to be genuine. All moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated in any manner from any other moneys (except ta the �xtent r�quired by law or by the Beneficiary), and the Trustee shall be under no liability for interest on any moneys received by it hereunder. (C) The Beneficiary hereby agrees to indemnify and save harmless the Trustee from and against any liability or darnages which the Trustee may incur or sustain in the exercise and performance of its rights and duties hereunder, unless incurred or sustained as a result of the Trustee's grvss negligence ar willful miscanduct. [Signatures follow on next page.] 14