Custody of Participant Loan Documents. Pentegra is further authorized and is hereby appointed by the Named Fiduciary and the Company to act as custodian for the Trustee of all original promissory notes and security agreements which shall be held subject to the order of the Trustee. In the event that such custodianship is terminated by Pentegra, the Named Fiduciary or the Trustee, the Named Fiduciary shall retain the originals of all promissory notes and security agreements as custodian for the Trustee.
Appears in 10 contracts
Samples: Trust Agreement (Northeast Community Bancorp Inc), Trust Agreement (Reserve Bancorp Inc), Trust Agreement (Steelton Bancorp Inc)
Custody of Participant Loan Documents. Pentegra is further authorized ------------------------------------- and is hereby appointed by the Named Fiduciary and the Company to act as custodian for the Trustee of all original promissory notes and security agreements which shall be held subject to the order of the Trustee. In the event that such custodianship is terminated by Pentegra, the Named Fiduciary or the Trustee, the Named Fiduciary shall retain the originals of all promissory notes and security agreements as custodian for the Trustee.
Appears in 2 contracts
Samples: Trust Agreement (American Bancorp of New Jersey Inc), Trust Agreement (Kearny Financial Corp.)
Custody of Participant Loan Documents. Pentegra is further authorized and is hereby appointed by the Named Fiduciary and the Company to act as custodian for the Trustee of all original promissory notes and security agreements which shall be held subject to the order of the Trustee. In the event that such custodianship is terminated by Pentegra, the Named Fiduciary or of the Trustee, the Named Fiduciary shall retain the originals of all promissory notes and security agreements as custodian for the Trustee.
Appears in 1 contract
Samples: Trust Agreement (RFS Bancorp Inc)
Custody of Participant Loan Documents. Pentegra is further authorized and is hereby appointed by the Named Fiduciary and the Company to act as custodian for the Trustee of all original promissory notes and security agreements which shall be held subject to the order of the Trustee. In the event that such custodianship is terminated by Pentegra, the Named Fiduciary or the TrusteeTrustee terminates such custodianship, the Named Fiduciary shall retain the originals of all promissory notes and security agreements as custodian for the Trustee.
Appears in 1 contract
Samples: Trust Agreement (Cecil Bancorp Inc)