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201101248
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201101248
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Last modified
3/4/2011 3:54:03 PM
Creation date
2/14/2011 3:56:04 PM
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DEEDS
Inst Number
201101248
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201101248 <br />C. Appointment of Substitute Trustee IfApplicable <br />The Existing Security Instrument names N/A, as Trustee and the Subordinating Lender as Beneficiary. The <br />Existing Security Instrument provides that the Subordinating Lender may designate and appoint a substitute <br />Trustee in ptace of any other trustee by an instrument recorded among the appropriate land records. <br />The Subordinating Lender hereby removes N/A as Trustee and designates and appoints N/A as substitute <br />Trustee with the same powers and duties as were originally vested in the Original Trustee under the Existing <br />Security Instrument. <br />D. General Terms and Conditions <br />Binding Effect — This Agreement shail be binding upon and inure to the benefit of the respective heirs, legal <br />representatives, successors and assigns of the pazties hereto and all of those holding title under any of them. <br />Nonwaiver — This Agreement may not be changed or terminated orally. No indulgence, waiver, election or <br />non-election by New Lender or the trustee(s) under the New Security Instrument or related documents shall <br />affect this Agreement. <br />Severability — The invalidity or unenforceability of any portion of this Agreement shall not affect the <br />remaining provisions and portions of this Agreement. <br />E. Signatures and Acknowledgements <br />. The Subordinating Lender; Lhrougli�its authorized officer, and the Trwstee iEapplicable, individually or through its ��� <br />authorized officer or othen repres�ntaCive, and the Borrower, have each set their hand and seal as of the Effective : <br />Date above unless otherwise indicated. <br />(ACKNOWLEDGEMENT PAGE FOLLOWS) <br />SUBMOD NE 10-25-10 Page 3 of 6 <br />0000000000181644 <br />
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