Substitute Trustee. ▇▇▇▇▇▇ may from time to time, in ▇▇▇▇▇▇’s discretion, remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the predecessor Trustee and by applicable law.
Appears in 4 contracts
Sources: Memorandum of Understanding, Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Grubb & Ellis Apartment REIT, Inc.), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Grubb & Ellis Apartment REIT, Inc.)
Substitute Trustee. Lend▇▇, ▇▇ Lend▇▇'▇ ▇▇ ption, may from time to time, in ▇▇▇▇▇▇’s discretion, time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrumenttrustee. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the predecessor Trustee in this Instrument and by applicable law.
Appears in 3 contracts
Sources: Multifamily Note (Arv Assisted Living Inc), Multifamily Note (American Retirement Villas Properties Iii LTD Partnership), Multifamily Note (American Retirement Villas Properties Ii)
Substitute Trustee. ▇▇▇▇▇▇ may from time to time, in ▇▇▇▇▇▇’s 's discretion, remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the predecessor Trustee and by applicable law.
Appears in 3 contracts
Sources: Multifamily Deed of Trust, Assignment of Rents and Security Agreement, Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Preferred Apartment Communities Inc), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
Substitute Trustee. ▇▇▇▇▇▇ may from time to time, in ▇▇▇▇▇▇’s discretion, at ▇▇▇▇▇▇'s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the predecessor Trustee herein and by applicable law.
Appears in 2 contracts
Sources: Multifamily Deed of Trust, Assignment of Rents and Security Agreement, Multifamily Deed of Trust, Assignment of Rents and Security Agreement
Substitute Trustee. ▇L▇▇▇▇▇ may from time to time, in L▇▇▇▇▇▇’s 's discretion, remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrument. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the predecessor Trustee and by applicable law.
Appears in 1 contract
Sources: Multifamily Deed of Trust, Assignment of Rents and Security Agreement (NTS Realty Holdings Lp)
Substitute Trustee. ▇▇▇▇▇▇ may from time to time▇, in at ▇▇▇▇▇▇’s discretionoption, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrumenttrustee. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the predecessor Trustee in this Instrument and by applicable law.
Appears in 1 contract
Substitute Trustee. ▇▇▇▇▇▇ may from time to time, in ▇▇▇▇▇▇’s discretion, at ▇▇▇▇▇▇'s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed under this Instrumenttrustee. Without conveyance of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties conferred upon the predecessor Trustee in this Instrument and by applicable law.
Appears in 1 contract
Sources: Multifamily Deed of Trust, Assignment of Rents and Security Agreement