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Agenda - 05-03-2007-5a
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Agenda - 05-03-2007-5a
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Last modified
9/1/2008 11:49:06 PM
Creation date
8/28/2008 11:46:43 AM
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BOCC
Date
5/3/2007
Document Type
Agenda
Agenda Item
5a
Document Relationships
Minutes - 20070503
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2007
RES-2007-037 Resolution Providing Final Approval for County Installment Financing
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2000-2009\2007
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49 <br />6. Miscellaneous <br />6-1 Notices. <br />(a) Any communication provided for in this Deed of Trust must be in <br />writing. <br />(b) Any communication under this Deed of Trust will be sufficiently <br />given and deemed given when delivered by hand or on the date shown as the date <br />of delivery on a United .States Postal Service return receipt, if addressed as follows: <br />(i) If intended for the County, addressed to it at the following <br />address: Orange County, Attention: Finance Director, Re: Notice under <br />2007 SunTrust Deed of Trust, Post Office Box 8181, Hillsborough, North <br />Carolina 27278. <br />(ii) If intended for SunTrust, addressed to it at the following <br />address: SunTrust Leasing Corporation, Attention: Re: <br />Notice under 2007 Deed of Trust from Orange County, North Carolina, <br />[address/city/state]. <br />(ii). if to the Deed of Trust Trustee, to , Re: Notice <br />under 2007 Deed of Trust from Orange County, North Carolina, <br />[address/city/state] . <br />(c) Any communication sent under this Deed of Trust to any one party <br />must be sent to the other parties at the same time. <br />(d) Any addressee may designate additional or different addresses for <br />communications by notice given under this Section to each of the others. <br />6-2 Successors; Assignments. <br />(a) This Deed of Trust is binding upon, will inure to the benefit of, and is <br />enforceable by the County, the Deed of Trust Trustee and SunTrust, and their <br />respective successors and assigns. <br />(b) Except as otherwise provided in this Deed of Trust or in the Financing <br />Contract, the County may not sell, lease, transfer or otherwise dispose. of all or any <br />part of the Mortgaged Property or any interest therein without SunTrust's prior <br />written consent. SunTrust must not unreasonably withhold its consent. <br />97561v1 49 <br />
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