Substitute Trustee. Lender may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument by an instrument recorded in the county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers and duties conferred upon the Trustee herein and by applicable law.
Appears in 4 contracts
Samples: Multifamily Deed of Trust, Assignment of Rents and Security Agreement, Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Shelter Properties v Limited Partnership), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Angeles Income Properties LTD Ii)
Substitute Trustee. Lender Lender, at Lender’s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument by an instrument recorded in the city or county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers power and duties conferred upon the Trustee herein in this Instrument and by applicable law.
Appears in 2 contracts
Samples: Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Angeles Income Properties LTD 6), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Angeles Income Properties LTD 6)
Substitute Trustee. Lender Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument by an instrument recorded in the county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers power and duties conferred upon the Trustee herein and by applicable law.
Appears in 2 contracts
Samples: Multifamily Deed of Trust, Assignment of Rents and Security Agreement (VMS National Properties Joint Venture), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Capital Senior Living Corp)
Substitute Trustee. Lender may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument by an instrument recorded in the county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall will succeed to all the title, powers and duties conferred upon the Trustee herein and by applicable law.
Appears in 2 contracts
Samples: Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing, Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (Preferred Apartment Communities Inc)
Substitute Trustee. Lender Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument hereunder by an instrument recorded in the county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers power and duties conferred upon the Trustee herein and by applicable law.
Appears in 2 contracts
Samples: Deed of Trust, Assignment of Rents and Security Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Davidson Diversified Real Estate Ii Limited Partnership)
Substitute Trustee. Lender Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument hereunder by an instrument recorded in the county in which this Instrument Deed of Trust is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers power and duties conferred upon the Trustee herein and by applicable law.
Appears in 1 contract
Samples: Deed of Trust, Assignment of Rents and Security Agreement (Glimcher Realty Trust)
Substitute Trustee. Lender may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument hereunder by an instrument recorded in the county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers power and duties conferred upon the Trustee herein and by applicable law.
Appears in 1 contract
Substitute Trustee. Lender Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument hereunder by an instrument recorded in the city or county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers power and duties conferred upon the Trustee herein and by applicable law.
Appears in 1 contract
Samples: Deed of Trust, Assignment of Rents and Security Agreement (Ca Short Co)
Substitute Trustee. Lender Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument hereunder by an instrument recorded in the county in which this Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, powers power and duties conferred upon the Trustee herein and by applicable law.
Appears in 1 contract
Substitute Trustee. Lender Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument hereunder by an instrument recorded in the county in which this Instrument Deed of Trust is recorded. Without conveyance of the Mortgaged Property, the successor trustee shall will succeed to all the title, powers power and duties conferred upon the Trustee herein and by applicable law.
Appears in 1 contract
Samples: Commercial Lease Agreement (Source Interlink Companies Inc)
Substitute Trustee. Lender Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Mortgaged Property, the successor trustee Trustee shall succeed to all the title, powers power and duties conferred covered upon the Trustee herein and by applicable law.
Appears in 1 contract
Samples: Secured Promissory Note and Loan Agreement (Magnetek Inc)
