HomeMy WebLinkAbout0732 ~ ~ • I . The~~ th~ ~e~a~raw A~e~t not s ~er~b~ ~o, ~d 1 • np~
boundl by e~r Agr~affient wh3c~ m~?~ be~ ~videno+~ by, or arlbe out
o~ th• ~tor~going ~~uatru~n~nte o~h~r ~han ~e t?,~ rei~ eet iorth.
J. ~~ha~ ~he ~eorar? Agent eet her eunder ~ e e depo~i~ar~r 1
only~: and ie not reeponeible_ or liabl• iu a~ny manner whatever Sar : °
th~ eu~iloienoy~ oorre~otneee~ ge~uin~ene~e or valid~,ty oi any '
inatrumeat deposi~ed w~.th them, or fo~ the t~ra? of or e~ceoution
og euoh i~atacument, or ~or tha indentity, authority or right~ o~ '
~ eny yereon ~xeouting os daDoeiting it. '
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. . • K. ~hat _ th• Eeorow Ageat ehall no~t be raQuirecl to take '
~ notioe oi any deiault ar ~o take eny aotion with reapeot to euoh
detaul~ involving any exponae or liaDill.tp uxtleee notioe in ~~i~i~
of euoh de~tault ie ~1ven to the Eecro~ Ageat and unle~e it ie
. indemriified, i.n a me~er eatiofaotory to t?Y~aq againet ~uoh exBeae• ~
or liabi.~,ity. ~
Tk~at the Eeorow Agent ehell b• protected in eoting
upon any rrritten ao~io~, requeet, waivsr~ ooneent aeoeipt ar ather ;
~aper or dooument eigned by the propsr party or p ar~lee. ~
~ :
~ H. T1ae~ the F~orow Agent ehsll not be li.abla tor eny error ~
o= ~udgment, ~r Zor any eot dons or eteD talcQn ar omitted by him
~ gooc~ taith. or !'or eny mi~taks o~ taot or ~w~ or ~r anythi.ng
~ ~vhiah he may do or ~etrain Srom doing in oonneoti.on here~rith, exoe~t,
; hi.e o~n Rill.ful mieoonduot. ~ . . .
, .
M. 2'hat the Ee~orow Ag~at ehall not bs ane~rernble ios t}~e ~
; d~lault or m,~eoonduot o! a~ay egent or attorney er~ployed ar appointsd ~
; ~ bp h3m i! euah agen~ or attorney ehall have be~n seieotid. w~~h •
; ree~onable oare.~ ~ ~ ~ •
` ~ 0. ' The~t the Eeorow Agent may o~nfer with legal ~~ouneal in
~ the e.ent ot_._anp di~pute or Queetioa as to ~he ooaetruot~.oA ot ~n~?
o~' the grovl~ione hereo= or hie dut~ea hereunder, end he a?nall . ~
• inour no liabilit~ and ahall be tully proteet~d ir~ aotiag in
' aaoordenoe with t~e opinion end t~truotio~ oi~~uah ooune~l. •
~ ~ P. That in the s4ent o! any disagroem~nt be~wesn as~r ot
. the pertiee to thie egreemerrt, or betw~un thea or ~~thsr ot the~
~ ~ snd eny pereon~ reaulting in adver~e olaiasa anQ demende baix~g made
in ooraneotion rri.th or Sor any prope~ty it~vo3ved herein~ or a~,~eoted
Iaereby~ the Ee~orow Agent ehall bo enti~l.ed, at hie oplAion, to retus~
to oomply witla any claims or dem~ade on him~ Qe~ long ee eaah die- ~ .
egreement eha~.l aon?tiaue, e~~ in so r~it~ing, tli. ~seorow Agent may~
a~ake no dmlivery or other diepoeltionot any.property involved
herein or e~feot~d hereby. and in eo doing ths EeoroR Ag~at ehell~
~ not be or beaome liable ~n eny ~vay or to any pareon tor hie iailux~ or
~ refu~el to aomplT ~ith suoh oonriiot3ug o~ ad'sre~ demande; and ~
he ehall b• eatitled to contiaue ao to retrelA ~rom acG.n~ +and ea t~ ~
retu~e to aUt un~il (a) ths right tQ edverse olalmante ehall have
~ baen tin ally ad~udioated ia s oourt aevuming end havi ng ~uriedioti on.
o! the property iavolved hsrein or eii~ot~ad heraby or (b) all . ~
~ ditiere~aoee eball have boen ad~ueted by sgreemeat snd the Eeoro~ ~
~ ABen~ ehal~ havs been notified tY~ r~o~ in writing si~gaed by all gor~o~~
~ intexeet~d. . . , ~ :
Q. Th~t this agreeaeut is binai.ng uDo~a ~ha heira end
euao~ssor• and assigas o~ the partie~ hereto and t~at ti~ee i. ot~ths ~
; . •seenoe in this egre~msnt. ~ - . '
~ R. It is agrsed Ds~wee~ ~the yertiae ~ lx~~c~to ~tha~_ th~ p~co- -
: ~rleior~• of B'. B. 685 ot 1983 ehall apply. . •
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