AS SHALL BE RENDERED. GRANTOR WILL, FROM
TIME TO TIME, PAY THE COMPENSATION DUE TO TRUSTEE HEREUNDER AND REIMBURSE
TRUSTEE FOR, AND SAVE TRUSTEE HARMLESS AGAINST, ANY AND ALL LIABILITY AND
EXPENSES WHICH MAY BE INCURRED BY TRUSTEE IN THE PERFORMANCE OF TRUSTEE'S
DUTIES.
11.3
RETENTION OF MONEY. ALL MONEYS RECEIVED BY TRUSTEE SHALL, UNTIL
USED OR APPLIED AS HEREIN PROVIDED, BE HELD IN TRUST FOR THE PURPOSES FOR WHICH
THEY WERE RECEIVED, BUT NEED NOT BE SEGREGATED IN ANY MANNER FROM ANY OTHER
MONEYS (EXCEPT TO THE EXTENT REQUIRED BY APPLICABLE LAW) AND TRUSTEE SHALL BE
UNDER NO LIABILITY FOR INTEREST ON ANY MONEYS RECEIVED BY TRUSTEE HEREUNDER.
11.4
SUCCESSOR TRUSTEES. TRUSTEE MAY RESIGN BY THE GIVING OF NOTICE OF
SUCH RESIGNATION IN WRITING OR ORALLY TO BENEFICIARY. IF TRUSTEE SHALL DIE,
RESIGN, OR BECOME DISQUALIFIED FROM ACTING IN THE EXECUTION OF THIS TRUST, OR
IF, FOR ANY REASON, BENEFICIARY SHALL PREFER TO APPOINT A SUBSTITUTE TRUSTEE OR
MULTIPLE SUBSTITUTE TRUSTEES, OR SUCCESSIVE SUBSTITUTE TRUSTEES OR SUCCESSIVE
MULTIPLE SUBSTITUTE TRUSTEES, TO ACT INSTEAD OF THE AFORENAMED TRUSTEE,
BENEFICIARY SHALL HAVE FULL POWER TO APPOINT A SUBSTITUTE TRUSTEE (OR, IF
PREFERRED, MULTIPLE SUBSTITUTE TRUSTEES) IN SUCCESSION WHO SHALL SUCCEED (AND IF
MULTIPLE SUBSTITUTE TRUSTEES ARE APPOINTED, EACH OF SUCH MULTIPLE SUBSTITUTE
TRUSTEES SHALL SUCCEED) TO ALL THE ESTATES, RIGHTS, POWERS, AND DUTIES OF THE
AFORENAMED TRUSTEE. SUCH APPOINTMENT MAY BE EXECUTED BY ANY AUTHORIZED AGENT OF
BENEFICIARY, AND IF SUCH BENEFICIARY BE A CORPORATION AND SUCH APPOINTMENT BE
EXECUTED IN ITS BEHALF BY ANY OFFICER OF SUCH CORPORATION, SUCH APPOINTMENT
SHALL BE CONCLUSIVELY PRESUMED TO BE EXECUTED WITH AUTHORITY AND SHALL BE VALID
AND SUFFICIENT WITHOUT PROOF OF ANY ACTION BY THE BOARD OF DIRECTORS OR ANY
SUPERIOR OFFICER OF THE CORPORATION. GRANTOR HEREBY RATIFIES AND CONFIRMS ANY
AND ALL ACTS WHICH THE AFORENAMED TRUSTEE, OR TRUSTEE'S SUCCESSOR OR SUCCESSORS
IN THIS TRUST, SHALL DO LAWFULLY BY VIRTUE HEREOF. IF MULTIPLE SUBSTITUTE
TRUSTEES ARE APPOINTED, EACH OF SUCH MULTIPLE SUBSTITUTE TRUSTEES SHALL BE
EMPOWERED AND AUTHORIZED TO ACT ALONE WITHOUT THE NECESSITY OF THE JOINDER OF
THE OTHER MULTIPLE
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SUBSTITUTE TRUSTEES, WHENEVER ANY ACTION OR UNDERTAKING OF SUCH SUBSTITUTE
TRUSTEES IS REQUESTED OR REQUIRED UNDER OR PURSUANT TO THIS DEED OF TRUST OR
APPLICABLE LAW.
11.5
PERFECTION OF APPOINTMENT. SHOULD ANY DEED, CONVEYANCE, OR
INSTRUMENT OF ANY NATURE BE REQUIRED FROM GRANTOR BY ANY TRUSTEE OR SUBSTITUTE
TRUSTEE TO MORE FULLY AND CERTAINLY VEST IN AND CONFIRM TO THE TRUSTEE OR
SUBSTITUTE TRUSTEE SUCH ESTATES, RIGHTS, POWERS, AND DUTIES, THEN, UPON REQUEST
BY THE TRUSTEE OR SUBSTITUTE TRUSTEE, ANY AND ALL SUCH DEEDS, CONVEYANCES AND
INSTRUMENTS SHALL BE MADE, EXECUTED, ACKNOWLEDGED, AND DELIVERED AND SHALL BE
CAUSED TO BE RECORDED AND/OR FILED BY GRANTOR.
11.6
SUCCESSION INSTRUMENTS. ANY SUBSTITUTE TRUSTEE APPOINTED PURSUANT
TO ANY OF THE PROVISIONS HEREOF SHALL, WITHOUT ANY FURTHER ACT, DEED, OR
CONVEYANCE, BECOME VESTED WITH ALL THE ESTATES, PROPERTIES, RIGHTS, POWERS, AND
TRUSTS OF ITS OR HIS PREDECESSOR IN THE RIGHTS HEREUNDER WITH LIKE