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OTHER-2022-023-Deed of Trust Supplement
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OTHER-2022-023-Deed of Trust Supplement
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Last modified
9/28/2022 10:02:45 AM
Creation date
9/28/2022 10:00:33 AM
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BOCC
Date
5/3/2022
Meeting Type
Business
Document Type
Others
Agenda Item
8-j
Document Relationships
Agenda 05-03-22; 8-j - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2022\Agenda - 05-03-2022 Business Meeting
Agenda for May 3, 2022 BOCC Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2022\Agenda - 05-03-2022 Business Meeting
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f <br /> r \ V l V V FV 1 Z! I l V \ ,j \arr 0 V V I G 1 .JCJ <br /> Truist Bank, ISO Stratford Road, 2nd Floor, Winston - Salem, NC 27104, Attention . <br /> Alex Johnston . <br /> ( d) Any addressee may designate additional or different addresses for <br /> communications by notice given under this Section to each of the others . The County <br /> must send copies of any notices it sends to the Deed of Trust Trustee also to BNY- M . <br /> j: <br /> 2 � 2 Definitions . All capitalized terms used in this Supplement and not <br /> otherwise defined have the meanings ascribed to them otherwise in the Loan <br /> Documents . <br /> r <br /> 2 - 3 Governing Law; Forum . The County, BNY - M and the Deed of Trust <br /> Trustee intend that North Carolina law will govern this Supplement and all matters <br /> of its interpretation . To the extent permitted by law, the County, BNY - M and the <br /> Deed of Trust Trustee agree that any action brought with respect to this Supplement <br /> must be brought in the North Carolina General Court of Justice in Orange County, G <br /> North Carolina . <br /> L, <br /> 24 Limitation of Liability of Officers and Agents . No officer, agent or j <br /> employee of the County, BNY- M or the Deed of Trust Trustee will be subject to any <br /> personal liability or accountability by reason of the execution of this Supplement or <br /> any other documents related to the transactions contemplated by this Supplement. <br /> Those officers or agents are deemed to execute documents in their official capacities <br /> only, and not in their individual capacities . This Section does not relieve any officer, <br /> agent or employee from the performance of any official duty provided by law , <br /> 2 - 5 Covenants Run with the Land . All covenants contained in the � <br /> i <br /> Modified Deed of Trust run with the real estate encumbered by the Modified Deed of <br /> Trust . <br /> 2y6 Further Instruments . Upon the request of BNY- M or the Deed of Trust <br /> Trustee, the County will execute , acknowledge and deliver any further instruments <br /> reasonably necessary or desired by BNY- M or the Deed of Trust Trustee to carry out <br /> more effectively the purposes of this Supplement or any other document related to <br /> the transactions contemplated by this Supplement, and to subject to the liens and <br /> security interests of this Supplement all or any part of the Mortgaged Property <br /> intended to be given or conveyed , whether now given or conveyed or acquired and <br /> conveyed subsequent to the date of this Supplement. <br /> s <br />
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