BEYOND THE DURATION OF THIS TRUST, AND OTHERWISE DISPOSE OF THE SAME FROM TIME
TO TIME IN SUCH MANNER, FOR SUCH CONSIDERATION, AND UPON SUCH TERMS AND
CONDITIONS AS THE TRUSTEE SHALL DETERMINE;
(D)
TO HAVE, RESPECTING SECURITIES, ALL THE
RIGHTS, POWERS AND PRIVILEGES OF AN OWNER, INCLUDING THE POWER TO GIVE PROXIES,
PAY ASSESSMENTS AND OTHER SUMS DEEMED BY THE TRUSTEE TO BE NECESSARY FOR THE
PROTECTION OF THE TRUST FUND, TO VOTE ANY CORPORATE STOCK EITHER IN PERSON OR BY
PROXY, WITH OR WITHOUT POWER OF SUBSTITUTION, FOR ANY PURPOSE; TO PARTICIPATE IN
VOTING TRUSTS, POOLING AGREEMENTS, FORECLOSURES, REORGANIZATIONS,
CONSOLIDATIONS, MERGERS AND LIQUIDATIONS, AND IN CONNECTION THEREWITH TO DEPOSIT
SECURITIES WITH AND TRANSFER TITLE TO ANY PROTECTIVE OR OTHER COMMITTEE UNDER
SUCH TERMS AS THE TRUSTEE MAY DEEM ADVISABLE; TO EXERCISE OR SELL STOCK
SUBSCRIPTIONS OR CONVERSION RIGHTS; AND, REGARDLESS OF ANY LIMITATION ELSEWHERE
IN THIS INSTRUMENT RELATIVE TO INVESTMENT BY THE TRUSTEE, TO ACCEPT AND RETAIN
AS AN INVESTMENT ANY SECURITIES OR OTHER PROPERTY RECEIVED THROUGH THE EXERCISE
OF ANY OF THE FOREGOING POWERS;
(E)
TO HOLD IN CASH, WITHOUT LIABILITY FOR
INTEREST, SUCH PORTION OF THE TRUST FUND WHICH, IN ITS DISCRETION, SHALL BE
REASONABLE UNDER THE CIRCUMSTANCES, PENDING INVESTMENTS, OR PAYMENT OF EXPENSES,
OR THE DISTRIBUTION OF BENEFITS;
4
(F)
TO TAKE SUCH ACTIONS AS MAY BE NECESSARY
OR DESIRABLE TO PROTECT THE TRUST FUND FROM LOSS DUE TO THE DEFAULT ON MORTGAGES
HELD IN THE TRUST INCLUDING THE APPOINTMENT OF AGENTS OR TRUSTEES IN SUCH OTHER
JURISDICTIONS AS MAY SEEM DESIRABLE, TO TRANSFER PROPERTY TO SUCH AGENTS OR
TRUSTEES, TO GRANT SUCH POWERS AS ARE NECESSARY OR DESIRABLE TO PROTECT THE
TRUST OR ITS ASSETS, TO DIRECT SUCH AGENTS OR TRUSTEES, OR TO DELEGATE SUCH
POWER TO DIRECT, AND TO REMOVE SUCH AGENTS OR TRUSTEES;
(G)
TO EMPLOY SUCH AGENTS INCLUDING CUSTODIANS
AND COUNSEL AS MAY BE REASONABLY NECESSARY AND TO PAY THEM REASONABLE
COMPENSATION; TO SETTLE, COMPROMISE OR ABANDON ALL CLAIMS AND DEMANDS IN FAVOR
OF OR AGAINST THE TRUST ASSETS;
(H)
TO CAUSE TITLE TO PROPERTY OF THE TRUST TO
BE ISSUED, HELD OR REGISTERED IN THE INDIVIDUAL NAME OF THE TRUSTEE, OR IN THE
NAME OF ITS NOMINEE(S) OR AGENTS, OR IN SUCH FORM THAT TITLE WILL PASS BY
DELIVERY;
(I)
TO EXERCISE ALL OF THE FURTHER RIGHTS,
POWERS, OPTIONS AND PRIVILEGES GRANTED, PROVIDED FOR, OR VESTED IN TRUSTEES
GENERALLY UNDER THE LAWS OF THE STATE WHOSE LAWS ARE APPLICABLE TO THIS TRUST
AGREEMENT, AS PROVIDED IN SECTION 10.5 BELOW, SO THAT THE POWERS CONFERRED UPON
THE TRUSTEE HEREIN SHALL NOT BE IN LIMITATION OF ANY AUTHORITY CONFERRED BY LAW,
BUT SHALL BE IN ADDITION THERETO;
(J)
TO BORROW MONEY FROM ANY SOURCE
(INCLUDING THE TRUSTEE) AND TO EXECUTE PROMISSORY NOTES, MORTGAGES OR OTHER
OBLIGATIONS AND TO PLEDGE OR MORTGAGE ANY TRUST ASSETS AS SECURITY;
(K)
TO LEND CERTIFICATES REPRESENTING STOCKS,
BONDS, OR OTHER SECURITIES TO ANY BROKERAGE OR OTHER FIRM SELECTED BY THE
TRUSTEE;
(L)
TO INSTITUTE, COMPROMISE AND