LAW), AND TRUSTEE SHALL BE UNDER NO LIABILITY FOR INTEREST ON ANY
MONEYS RECEIVED BY IT HEREUNDER.
GRANTOR HEREBY RATIFIES AND CONFIRMS ANY AND
ALL ACTS WHICH THE HEREIN-NAMED TRUSTEE OR ITS SUCCESSOR OR SUCCESSORS,
SUBSTITUTE OR SUBSTITUTES, IN THIS TRUST, SHALL DO LAWFULLY BY VIRTUE HEREOF.
GRANTOR WILL REIMBURSE TRUSTEE FOR, AND SAVE TRUSTEE HARMLESS AGAINST, ANY AND
ALL LIABILITY AND EXPENSES WHICH MAY BE INCURRED BY TRUSTEE IN THE PERFORMANCE
OF ITS DUTIES.
THE FOREGOING INDEMNITY SHALL NOT TERMINATE UPON DISCHARGE OF
THE SECURED INDEBTEDNESS OR FORECLOSURE, RELEASE OR OTHER TERMINATION OF THIS
DEED OF TRUST.
SECTION 6.14
RECONVEYANCES.
(A)
RECONVEYANCE FROM DEED OF TRUST.
IF ALL OF
THE SECURED INDEBTEDNESS SHALL HAVE BEEN PAID IN FULL, AND ALL OF THE COVENANTS,
WARRANTIES, UNDERTAKINGS AND AGREEMENTS MADE IN THIS DEED OF TRUST SHALL HAVE
BEEN KEPT AND PERFORMED, AND ALL OBLIGATIONS, IF ANY, OF HOLDER AND LENDERS FOR
FURTHER ADVANCES SHALL HAVE BEEN TERMINATED, THEN, AND IN THAT EVENT ONLY, ALL
RIGHTS UNDER THIS DEED OF TRUST SHALL TERMINATE (EXCEPT TO THE EXTENT EXPRESSLY
PROVIDED HEREIN WITH RESPECT TO INDEMNIFICATIONS, REPRESENTATIONS AND WARRANTIES
AND OTHER RIGHTS WHICH ARE TO CONTINUE FOLLOWING THE RECONVEYANCE HEREOF) AND
THE PROPERTY SHALL BECOME WHOLLY CLEAR OF THE LIENS, SECURITY INTERESTS,
CONVEYANCES AND ASSIGNMENTS EVIDENCED HEREBY, AND THE PROPERTY SHALL BE
RECONVEYED BY HOLDER IN DUE FORM AT GRANTOR'S COST.
WITHOUT LIMITATION, ALL
PROVISIONS HEREIN FOR INDEMNITY OF HOLDER, LENDERS AND/OR TRUSTEE SHALL SURVIVE
DISCHARGE OF THE SECURED INDEBTEDNESS AND ANY FORECLOSURE, RECONVEYANCE OR
TERMINATION OF THIS DEED OF TRUST.
(B)
PARTIAL RECONVEYANCE; NO RECONVEYANCE IN
DEFAULT.
HOLDER MAY, REGARDLESS OF CONSIDERATION, CAUSE THE RECONVEYANCE OF ANY
PART OF THE PROPERTY FROM THE LIEN OF THIS DEED OF TRUST WITHOUT IN ANY MANNER
AFFECTING OR IMPAIRING THE LIEN OR PRIORITY OF THIS DEED OF TRUST AS TO THE
REMAINDER OF THE PROPERTY.
NO PARTIAL RECONVEYANCE SHALL BE SOUGHT, REQUESTED
OR REQUIRED IF ANY DEFAULT HAS OCCURRED WHICH HAS NOT BEEN CURED.
(C)
RECONVEYANCE FEE.
GRANTOR AGREES TO PAY
FEES IN THE MAXIMUM AMOUNTS LEGALLY PERMITTED, OR REASONABLE FEES WHEN THE LAW
PROVIDES NO MAXIMUM LIMIT, FOR TRUSTEE'S RENDERING
36
OF SERVICES IN CONNECTION WITH EACH PARTIAL OR COMPLETE RECONVEYANCE OF THE
PROPERTY FROM THE LIEN OF THIS DEED OF TRUST.
SECTION 6.15
NOTICES.
ALL NOTICES, REQUESTS,
CONSENTS, DEMANDS AND OTHER COMMUNICATIONS REQUIRED OR WHICH ANY PARTY DESIRES
TO GIVE HEREUNDER OR UNDER ANY OTHER LOAN DOCUMENT SHALL BE IN WRITING AND,
UNLESS OTHERWISE SPECIFICALLY PROVIDED IN SUCH OTHER LOAN DOCUMENT, SHALL BE
DEEMED SUFFICIENTLY GIVEN OR FURNISHED IF DELIVERED BY PERSONAL DELIVERY, BY
NATIONALLY RECOGNIZED OVERNIGHT COURIER SERVICE, OR BY REGISTERED OR CERTIFIED
UNITED STATES MAIL, POSTAGE PREPAID, ADDRESSED TO THE PARTY TO WHOM DIRECTED AT
THE ADDRESSES SPECIFIED AT THE END OF THIS DEED OF TRUST (UNLESS CHANGED BY
SIMILAR NOTICE IN WRITING GIVEN BY THE PARTICULAR PARTY WHOSE ADDRESS IS TO BE
CHANGED) OR BY FACSIMILE.
ANY SUCH NOTICE OR COMMUNICATION SHALL BE DEEMED TO
HAVE BEEN GIVEN EITHER AT