Common use of Substitute Trustee Clause in Contracts

Substitute Trustee. ▇▇▇▇▇▇ may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law.

Appears in 6 contracts

Sources: Deed of Trust, Deed of Trust, Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law.

Appears in 4 contracts

Sources: Deed of Trust, Deed of Trust, Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇, at ▇▇▇▇▇▇'s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein and by Applicable Lawapplicable law.

Appears in 3 contracts

Sources: Deed of Trust, Deed of Trust, Deed of Trust

Substitute Trustee. In accordance with Applicable Law, ▇▇▇▇▇▇ may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunderhereunder who has ceased to act. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law.

Appears in 2 contracts

Sources: Deed of Trust, Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇ may from time to time time, in ▇▇▇▇▇▇’s discretion, remove Trustee and appoint a successor trustee to any Trustee appointed hereunderunder this Instrument. Without conveyance of the Mortgaged Property, the successor trustee shall will succeed to all the title, power and duties conferred upon the predecessor Trustee herein and by Applicable Lawapplicable law.

Appears in 2 contracts

Sources: Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing, Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (Paladin Realty Income Properties Inc)

Substitute Trustee. ▇▇▇▇▇▇ In accordance with applicable law, Beneficiary may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereundertrustee. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein in this Trust Deed and by Applicable Lawapplicable law.

Appears in 2 contracts

Sources: Second Trust Deed (Elmers Restaurants Inc), Second Trust Deed (Elmers Restaurants Inc)

Substitute Trustee. ▇▇▇▇▇▇, at ▇▇▇▇▇▇’s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereundertrustee. Without conveyance of the Mortgaged Property, the successor trustee shall will succeed to all the title, power and duties conferred upon the Trustee herein in this Instrument and by Applicable Lawapplicable law.

Appears in 2 contracts

Sources: Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing, Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing

Substitute Trustee. ▇▇▇▇▇▇, at ▇▇▇▇▇▇’s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunderin accordance with the laws of the Property Jurisdiction. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein in this Security Instrument and by Applicable Lawapplicable law.

Appears in 2 contracts

Sources: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Manufactured Housing Properties Inc.), Multifamily Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing

Substitute Trustee. ▇▇▇▇▇▇ The Authority, at the Authority's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the The successor trustee shall will succeed to all the title, power and duties conferred upon the Trustee herein and by Applicable Lawapplicable law.

Appears in 1 contract

Sources: Resale and Refinancing Restriction Agreement

Substitute Trustee. ▇▇▇▇▇▇ Beneficiary, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law..  

Appears in 1 contract

Sources: First Lien Deed of Trust (Green Plains Inc.)

Substitute Trustee. ▇▇▇▇▇▇, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunderhereunder by recording a Deed of Appointment. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law.

Appears in 1 contract

Sources: Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇, at ▇▇▇▇▇▇’s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Mortgaged Property, the successor trustee shall will succeed to all the title, power and duties conferred upon the Trustee herein in this Instrument and by Applicable Lawapplicable law.

Appears in 1 contract

Sources: Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing

Substitute Trustee. ▇▇▇▇▇▇ Beneficiary may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the successor trustee shall succeed to all the title, power power, and duties conferred upon Trustee herein and by Applicable Lawapplicable law.

Appears in 1 contract

Sources: Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇, at ▇▇▇▇▇▇’s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunderunder this Deed of Trust. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein in this Deed of Trust and by Applicable Lawapplicable law.

Appears in 1 contract

Sources: Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇, at ▇▇▇▇▇▇’s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereundertrustee. Without conveyance of the Mortgaged Property, the successor trustee shall will succeed to all the title, power and duties conferred upon the Trustee herein in this Instrument and by Applicable Lawapplicable law; provided, however, that before permitting the duties of a trustee under AS 34.20.070 and 34.20.080, a Trustee will provide proof of compliance with AS 34.20.125.

Appears in 1 contract

Sources: Multifamily Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing

Substitute Trustee. ▇▇▇▇▇▇ may ▇, may, from time to time time, by itself or through the Loan Servicer, remove Trustee and appoint a successor trustee to any Trustee appointed hereunderunder this Security Instrument. Without conveyance of the Property, the successor trustee shall will succeed to all the rights, title, power power, and duties conferred upon Trustee herein in this Security Instrument and by Applicable Law.

Appears in 1 contract

Sources: Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇ Beneficiary, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the The successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Lawapplicable law.

Appears in 1 contract

Sources: Purchase and Sale Agreement

Substitute Trustee. ▇▇▇▇▇▇ Beneficiary, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law.. 

Appears in 1 contract

Sources: Second Lien Deed of Trust (Green Plains Inc.)

Substitute Trustee. ▇▇▇▇▇▇, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. NOTICE: THE DEBT SECURED HEREBY IS SUBJECT TO CALL IN FULL OR THE TERMS THEREOF BEING MODIFIED IN THE EVENT OF SALE OR CONVEYANCE OF THE PROPERTY CONVEYED.

Appears in 1 contract

Sources: Deed of Trust

Substitute Trustee. ▇▇▇▇▇▇, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the PropertyProperly, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Lawapplicable law.

Appears in 1 contract

Sources: Loan Agreement (Paradise Resorts & Rentals Inc)

Substitute Trustee. ▇▇▇▇▇▇ Lender at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law.

Appears in 1 contract

Sources: Deed of Trust