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extend to its directors, officers, employees and agents. The Trustee shall not be responsible for the validity, execution by other parties thereto, or sufficiency of this Resolution, and any Corrrnitment Contract (and Reservation of Funds) or any Mortgage Loan Purchase Agreement, the Mortgage Loan Purchase Agreement Supplement, the Servicing Agreement Supplement or the Bonds. The Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Resolution and no implied covenants or obligations shall be read into this Resolution against the Trustee. In case an Event of Default has occurred and has not been cured, the Trustee shall exercise such of the rights and pCMers vested in it by this Resolution, and use the same degree of care and sk ill in their exercise, as a prudent investor woul d exercise or use under the circumstances in the conduct of such investor's CMn affairs. The Trustee shall not be personally liable with respect to (i) an error of judgment made in good faith by a responsible officer (as defined in section 805) of the Trustee unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts, or (ii) any action taken, suffered or omitted to be taken by it in good faith, in accordance with the direction of Holders of not less than 25% in principal amount of the Outstanding Bonds, relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Agreement. 904. Funds Held in Trust. All moneys held by the Trustee at any time pursuant to the terms of this Resolution and the Supplemental Resolution shall be and hereby are assigned, transferred and set over unto such Trustee in trust for the purposes and under the terms and conditions of this Resolution. 905. Evidence on Which Trustee May Act. The Trustee and any Paying Agent shall be protected in acting upon any notice, resolution, request, consent, order, certificate, report, opinion, bond, or other paper or document believed in good faith by it to be genuine, and to have been signed or presented by the proper party or parties. The Trustee and any Paying Agent may consult with counsel, who mayor may not be of counsel to the Agency or to the Trustee, and an opinion of counsel shall be full and complete authorization and protection in respect of any action taken, or suffered or omitted by it under this Resolution in good faith and in accordance with such opinion of counsel. Whenever the Trustee or any Paying Agent shall deem it necessary or desirable that a matter be proved or establ ished prior to taking or suffering any action under this Resolution, such matter (unless other evidence in respect thereof be therein specifically prescribed) may be deemed to be conclusively proved and established by an Officer's Certificate, and such Officer's Certificate shall be full authority for any action taken or suffered in good faith under the provisions of this Resolution upon the faith thereof, but in its discretion the Trus tee or any Paying Agent may in 1 ieu thereof accept other evidence of such fact or matter or may require such further or additional evidence as it may deem desirable. 49 . . . . . .