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ARTICLE IX <br /> TRUSTEE <br /> SECTION 9.1. Acceptance of Trusts. The Trustee hereby accepts the trusts imposed <br /> upon it by this Indenture, and agrees to perform said trusts, but only upon and subject to the <br /> following express terms and conditions, and no implied covenants or obligations shall be read into <br /> this Indenture against the Trustee: <br /> (a) The Trustee, prior to the occurrence of an Event of Default and after the <br /> curing of all Events of Default which may have occurred,undertakes to perform such duties <br /> and only such duties as are specifically set forth in this Indenture, and no implied duties <br /> shall be read into this Indenture or any Security Documents against the Trustee. In case an <br /> Event of Default has occurred of which the Trustee has notice or is deemed to have notice <br /> pursuant to Section 9.1(h) of this Indenture (which has not been cured or waived), the <br /> Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use <br /> the same degree of care and skill in the exercise of such rights and powers as an ordinary, <br /> prudent person would exercise or use under similar circumstances. <br /> (b) The Trustee may execute any of the trusts or powers hereof and perform <br /> any of its duties by or through attorneys, agents, receivers or employees, and shall not be <br /> answerable for the conduct of the same appointed by the Trustee in the exercise of <br /> reasonable care, and shall be entitled to advice of counsel concerning its duties hereunder, <br /> and may in all cases pay such reasonable compensation to all such attorneys, agents, <br /> receivers and employees as may reasonably be employed in connection with the trusts <br /> hereof. The Trustee may act upon the opinion or advice of its counsel, bond counsel, or <br /> other counsel to the Issuer or the Company. The Trustee shall not be responsible for any <br /> loss or damage resulting from any action or inaction in good faith in reliance upon such <br /> opinion or advice. <br /> (c) The Trustee shall not be responsible for any recital herein or in the Bonds <br /> (except with respect to the certificate of authentication of the Trustee endorsed on the <br /> Bonds), or for insuring the School Facilities, or for collecting any insurance money(except <br /> in accordance with Article VI of the Loan Agreement), or for the validity of the execution <br /> by the Issuer of this Indenture or of any supplements hereto or instruments of further <br /> assurance, or for the sufficiency of the security for the Bonds issued hereunder or intended <br /> to be secured hereby,or for the value or title of the School Facilities or the site of the School <br /> Facilities or any lien waivers with respect to the Series 2022 Project. The Trustee shall not <br /> be bound to ascertain or inquire as to the performance or observance of any covenants, <br /> conditions, or agreements on the part of the Issuer, the Company or the Charter School <br /> under the Loan Agreement or any Security Document, except as expressly set forth herein <br /> or therein; but the Trustee may require of the Issuer, the Company or the Charter School <br /> full information and advice as to the performance of the covenants, conditions, and <br /> agreements aforesaid and as to the condition of the Trust Estate. The Trustee shall have <br /> no obligation to perform any of the duties of the Issuer under the Loan Agreement. The <br /> Trustee shall be under no obligation to effect or maintain insurance or to renew any policies <br /> of insurance or to inquire as to the sufficiency of any policies of insurance carried by the <br /> 62 <br /> 735810810 <br />