HomeMy WebLinkAbout0972 . •
~ • ~ ~ . . . ~ .
.
~
,
,~•p~.• ,
~
. ' ~ ' ~
~ , ~
~xt~x~Y~r
~o~s~r.w~
Fu11 powor~ and author3ty is granted by tNis. Oeed to
Trustee o~ it~ succesaors to protect, consArve, sell, l~ase,
encumber or o~h~zwise ~o m~nbgo and al~apose of ths xaal astata or
any p~rt o! it.
In ho oas• ~h~tll any pa~rCy cDealinq with tho Trustee in
rnl~?tiica~ to ~he s~al eststd or to whom bhe real eata~a Qr any
~ pnrt of it ehali b• conveyed, contxa~cked to be sold, l+~~s+~d or
inartg~+gsd by ~'rustea, ba obliqod r~ see Co th~ appa~~ation o! any
purch~oe mon~y, r~nt ~r money borYOw~nd or a~lvanced o~ tho
axerois~s, or b• obliq~td to so• th~C rh~ terms o~ this ~~~st have
ueen compliecl with, or be obliged to inquire i~to Ch~.t~ec~ssi~y
or expedi~~~y oi ~ny act o~ ~t~e Trust~e~ or be obliqsd or
privfleqod ~o inquire into ~~y ot the term~ ~f the Trust
~ Agraement~ anel a~ery deed, ~rust de~d, moxtqa~q~,lee?ao or oeher
instxumant executed by Tru~t~~ ~n rela~io~ to ~ine real estate
shal~ ba co~clu~ive avidenc~ in favor of every p~rson rel~~ing,
upon ,ox cla3.miraq u~d~r such conveyanc~a, lense or otli~r instrum~nt
1a! that at tho ~iram . og it~ dsli~vary tl~e trust cx~atad t?y Chis
indenture r~~d by t1~e T~us~ Agraemant was in ~ull forea ana
~fEect, t1~f thati ~uch c~nveyance or otha~r instsum~~t was a~~cut~d
;n e~c~~daneo wi~h tho ~rust~t, eond3tions and limitatiofla .
~one~insd in I~hia lnd~n~ua~ and in ~he ~ru~~ Aqre•m~ne ~~d is
hindinq upon mll b~n~Eitaisrios und.r auat~ instrurasnes, tc! ~hay
• ; rusee• Was cl~aly s~tihoria~d gnd ampow~xoc~ to oxsout~ •r~d deliver
Qvory such dead, trust clead~ loaso, mor~gaqe or oth~r in:trwnenC
~ .~nd Id~ ig tlia conveyanca is macl• ~o a~ sdccassa~ os suecss~rs in
~ truse, that su~h succa~sox or auccsss~rs i~ truat h~va boen
~ ~sppofntsd pr~perly and vout~d tully with all ~h~ tit~e, eatate,
~ riqhta, powora, duties ~nd obl~gaCions of• the predec~s~c~s in
~ :rust.
~ .
~ ~ny.~ontx~ct, oblig~ti~n or indebtedn~sa incux~ed ~r
{ ~ntar~~l i~to by the Txus~e0 in con~ca~tfon with th+~ rool estAte
may ~~a antered ic?~o by i~ ir? the nAme ot tha thon benQgiciarie~
~nder th~ Trust Aqr~temsr~~, a~~ thQir o~torn~y in [ac~; by ehis
~ , ne~d irrevocabl~ appoint~d tos ~uch purpose~ or~ at the alectioc~
~ uf Trysta~, in l.t~ ow~ nama gs Tru~~eo of an expreas tru$e and
n~t individually ond Trus~ae ~h~ll 1~a~e no obligation whatsoever
,~+i~h rusp~c~ to •ny ~ueh con~ract, obligatic~n os ind~bt~dnoss
axcept ~nly so ~ar ~s th• trus~','property and gund~ in ~he actual
Fossession of Trustea ehal~ ba' applicable Eor its pgyment and
discharc;e, a~d dll persons and corpora~i.ons whomsoevsr anc3
wh~?tsoovsr sh~cll be ch8~c9ed with notic~ o~ this con~ition from
~ che daea o! the ~ili~q ~or rocord ot tt~is Deed.
~ ~ The intarest o! oaclt and ovo~cy b~~el~cia~y u~dar ehis
I' o~od and undo~e th~ Trust 1?qsso~a~nt rol~rr~~d to proviae~siy ~nd ot
I all psrsons ola~in~ vnet~~ tham or any o~ thsm shall b• only in •
ehe oarninq~, availa and pacoe~mds a~ising fr~m ths salQ or oeh~r
dis~osition o! the'•real a~stat~, ancl such int~rest is doclaso~ to
~a personal pxap0~~y, ~?n~ no bo~et~ciory ~ander this O~ed st~all
:~ave a~ny titl~ or intorsat, 1stc~A1 or equitabl@, in ~r to ~h~ real
~stata as auch but only an intorest in the e~rnings, ~?v~ils e~d
~ proc~eds gro~ such seal eatat~ as afore~saic3•
~
.
~ ~ r ~
~ ,
s
.
~ r ' BUOK~J••~ PAGE ~
~
s
~
;
;