HomeMy WebLinkAbout0493 _ - ` a.~~e a~~.uc~ 1?
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~ aecuritiee, ~hsthsr or not snch proDert~ and aecurit.l4~ ~hall~
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be authorized b1 the ls~rs of the 3tate of Illinoia or of ar~ ;
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other state or ~urisdiction for trust inieste~ents.
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~j . The ~2^USte@S aYb sti~hnrl ~c~t1 ~,nd °v,~'..~vwuiv~ ~v ~T?~v'ilu ~
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? the ti~se of pay~ent of any bona~, note or other obli~ation and ;
aortgage held b~ Chem, or of aA~ inatall~ent or principal ;
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thereof, or of an1 intere~t dua thareon, and to hal.d such bon~,
note or other obligation a~d ~aortga,ge atter ~naturity aa a past~
due ~ortgage; to conaent to the modification, alteration aad '
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amendenent of an~ ~ of the teriaa or conditions, including thoee !
~1 regardi the rate of interest of ,
ng a.TMy -such bond, no~e or othe~}
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obl3gation and mortga~e; to xaive axU defaxlts in the # ~
perfo~ance of the tensa or conditi~na thereof; to forecloe~ ~ ~
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any such e~ortgage in any Ma1 author~zed by lav or to cospro- ~
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~ miAe or settle in any raariner ar,y clain which the~r eay ~e?Y~ ~ .
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under any euch ~nortgs~~e; to t~lce c~v~r, take ti ~le to, m~as~e, ~ ;
operate and lease the property, or any part thereof, affected:
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; by ar:y such nortgage, e3~her ten;,orar~ly or Fe~anenLl~, aAd ~
f ~ in partial or co~pl.ete se~i~facti~n oP ~ny cl~iro theraunder; `
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~ ~ to pro~ect such prapartq ~gaine~ or ta r~*deea? uuch property '
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rrc?s~ forfeitur~ f~r non-pati~er.t o: tdaes, ass~~sments or any i
~ ~ther lien$, r~r.d to pr~lr out c.~clY eumA o~' mone ae ma in thei~+
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~ uncontrolled diacrQtlon Bee~ ~d~,~i~~~.le 2'e.~ thE insurance, : ~
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pratection, ~+aintenenre~ an~l i~a~;Fir ~L` ~uah ~rc+p4rty or any ~
~ Fart thereof . ~
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i b. ~Io per~an ar ;:crpc,i•atic~n c~es?..r.~ r~ri~:^ I i-~e xn~~~Eaa ~
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~ ~ n an;~ tr~.ngacLion aft~~~ ~-i nR th~ T"t.xa ~ Fun-i snax ~e Y eqvired , '
~ ~ co j.nq~lire or incect~?.<<:t~ i:he '!°;zz~3T,Pr.:~ ~ q~i*_~Lrit~ ~ o~ t'L1y~~T'S,l1f~:
~ il~~:~ S+1('~I ~I`r32~P,3C'~iGll U:` ~,r ~@!~ f'~'lE` %i~?ji ~1 r~t~.~ vTA ~dt~P_. L'~ t~'1@
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: `_!"l:'?t~~:3 CI~ liE:La jr3t'~.~C•~•G4`'+ ~i 91'a~~ til~i`.~., ~,_^.':t~f:~t::~~'?"!.
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aooK 207 ~~F 493
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