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<br /> �EE� �F �l�l��`�
<br /> L��n 1��: �i�������"� ����`�r����� �a�� �
<br /> �ur��s�� only�nd sh�Il nv�k 1�� ��r������d t� �r��t� �r��r r����risik�ilit�r�r li�k�ili�y�n��� �a�rt�f L�n�er��Tr�st�r �r
<br /> t� �ny �tC��r ��rs�n. Tf�� r�p r���nta�i�r�� �r�� �r�rr�n#i�� ��ntai n�d h�r�i n �r� ��s�� �r� T���t�rr� du� dEl i��r��e ir�
<br /> i�v�s�t���i�g �kl�� �r����f�r Ha�ard�us �ub�tan���. Tru�t�r I��r��� [�� r�l����s �n� v�aiv�s ar�� �F���r� �I�im�
<br /> a�ai n�t L�n��r €�r i�r��m r,it� �r ��r�tri�u�i�� �n �h� ���nt Tr��t�� b���r��� li�}�[� f�r �lean�p �r �th�r ���ts r�r�d��
<br /> ar���ucl� ���r�rs; �r�d ��} agre�s�� in��mni�, d���rr€�� �nd f��[�1 ��rml�ss L�nd�r����r�st�rt�ar�d �lf �1�im�r [�$s�sr
<br /> !i��ili�i��r �a m����, p�n�ati�s, an+� ����r���s v�rl�i�l� ��n�l�r m�y c�ir��tl��r i r�d[f������u��ai r��r����r r���lti n�fr�m
<br /> � �r�a�� �f tl�is s��ti�r� �#t�� �eed �� `�r�s� �r a� a ��n��q�er��� ��r ��y u��, ��n�r��i�nr m�r��fa�tur�, �t�r���r
<br /> �E���s�!{ r�I��s��r�hr��t�n�� r���a�e���urrir�� pri�r t��'ru�tarr��v�rr,��s�ip�f int�r��t ir��t}�� �r���rtyr �h�#h�r�r
<br /> n�t tl�� s�r�� v�r�s �r sl��uld I��v� h��n �Cn�wn t� Tru�t�r. T[�� �r��ist�r�s �� �hi� s��ti�n �f tf�� �e�d �f Tr���r
<br /> i r��!��ing�h�Q�[ig�ti���� in��mnif�r�n� ����r�d, s1��[]surviv�tl�� ��ym�nt�f�h� End�bt�dr��s� �r�d�he s a�i�f�����n
<br /> �n� r���n��y�n�� ��th�� ii�r� ��t�iis ���d a�Yru���n�l �hal� n�t�� �ff�����1 �y L�n€��r's ����a�[ti�n ���n�ir�t�r�st
<br /> i��h�� �ra}��r��rr �rv he-�h���y f����l������r�th�r-�ri��.
<br /> N�aisa�r��, �If�st�. �ru�t�r sha[1 n�� �����r ��r�d��t �r ��rrr�it �r�y nui�an�� n�r c�mmi�� ��rrr��tr �r su�Ffer �ny
<br /> s�rip�i�g �f �� ���t� �n �r t� th�e �r�p�rt� �r �r�y p�r�i�n �� �h� Pr�p�f��. 1llfith�ut Eirr�itin� tl�� ��n�r�lity �f th�
<br /> f�����ir��r �ru����will ���t r�ma�re, o��ran�t� an� �tf��r �ar���I�� r�gE-�t�o r��av�, any�iml��rr mi��r�l� (ir��I�ding
<br /> ail ar����s}� ��a1� cl�yr s��ri�r s�i I, �ra�r�l�r r��f��r�du�ts�r it[��u���n��r'� �ri�r v�rr�tt�r���nsent.
<br /> f��r���al�f[r��ar��e��nts. Trust�r s€�a I� n�-���m�li s h�r r�rr��v� �r�y]rrtprav�m����fr�m tf�� F���I �r�p�r�y wi�h���t
<br /> L��td�r's �ri�r written c�ns�n�. �� � ��n�iti�n t�t�i� r�m��al �-f any Empr�v�m�nt�, L�r�d�r may r���ir�Tru�t�r t�
<br /> ma[�� �rr�r���m�nt� ���Es��ct�r� ta L�r���r �� r�pl��� s��h I m�ra��rri�r�t� �rith lmpr�v�m�nt� �f �t l�ast eq��!
<br /> �r�l ue.
<br /> Len�i�r`� ���h�t� �rr��r. L�t��i�� �r�d Lender's a��n�� �n� r��r�s�r�t�tirr�s r��y �n��� u��n th�� R�a[ I�r���rt� at all
<br /> r����r�aE�l� tir�t�s fi� a�t�nd �� [..�r���r'� ir���r�st� �r�� �� �nspe�� �h� R��� €�r�pert� f�r �ur�as�s �f Tr��tar"s
<br /> ���n��ian��with th�t�rm�and ��r,��ti�r���f�his �����f�r��-r.
<br /> ��rr�plian�� �it� ��v�mm�n��,� R��uir�m�rrt�. Trt�st�r sf��IC prQrn�tay ��m ply v�itf� �l� f�vtirs r ar�in�r���s, an�
<br /> r���[�ti�nsr n��r �r h�r���t�r ir� ���c�r �� al1 g���rr�m��nt�] �uth��iti�� ���li���l� �� �h� ��� �r ���r�p�r��� �f th�
<br /> �����rty. Trust�r may corr���t i n ���� f�itf� a r��s���t l��v, �r�in�r��er �r r���1�ti�r��r�d �v[tY�f��ld�o�pCia r�������n�
<br /> any �r�����in�� ir��ludin� ���r��ri��� �����1sf sa �an� �s T���t�r 1-tas n��Efl�d L���er in wri��n� �riar ta d�ir�� s�
<br /> an�i s� ]�n� as r i r� L�r�d�rr�s�I�api r�i�n f L�n�i�r's int�r�st� ir�tl�� Pr�pert�are n�����p�r�i��c]. L�nder r�t�y r���i r�
<br /> Trustor ta p�st ad��ua��s���rrity�r�sur��r}��n�� rea�an���y���i����t�ry t� ��r��{�r� to p r�t���L�r�t��r's i r�#�r�st.
<br /> �uty �a Pr�t��t. T�ust�� agr��� n�E�h�r t� ����t�a�t �r l��v� un�tt����� �E�� Pr���r�. 3rust�r �ha[� �� ��I �ther
<br /> �c�s, in ���i�i�n��th�s� ��t���t��rth�k��v� irt�thi��ec�iQnr whi�h fr��t}�� cl��r��t�r an�i u���f tl�� Pr���r�ry���
<br /> r�������1y n���s���t� �r�t���t and pr��er���h� �r�p�rty.
<br /> �[J� �N �AL�- C�N�ENT g� ��NI�EF�. Ler�d�r rrt�y� �fi Lend�r's �pti�n, ���I�r� i�rr��diafiel�r ��� ��n�1 p�y�i�l� a[1 surrtis
<br /> ����r�� ��r�hi� ���� �f Tru�t u��� th� ��[��r tran�f�rr �rith�ut L�r�d�r'� prsor vtirri���n ��n��nt+ �f��I �r an� p�r��f tl��
<br /> R�a[ Pra��r�y� �r any�n��r�st �n th� R��I F�r���r�y. A n 5��� �r���I"1����n m��r�s tF�� ��r�veyance �f F���� P����rt�r�r�r�y
<br /> ����tt t�tl� or i�t�r�st ir� �1�� F��a� �rap�rt�ri v�h�th�r I�g�l� f��r��fi�i�s �r eq�i���l�; �h�th�r �r�lur�t�r� �r i�v�l�n��r�;
<br /> whet�er by �u�ri��� s�l�, ����r E�l���jl!'t'��'1�� 5��� c�r�tr��t� i�n� ��ntra�tr ��ntr��t f�r ����, 1���eh�E� int�r��t �ri��r �
<br /> t�rm �r�at�r�h��rr tk�r�� (�� �r�ars, I��s�-���i�n ��ntr��tf �r �y s�l�, ��si�r�r��r��r �r�r�n�#�r ��an� ��r��fi�i�� ir�t�r�st ir�
<br /> �r t� �ny lan� ����� h�[r�ing �itl�t� �f�� R��[ Prap�rt�� �� f��r �ny ath�r m��h��� ����n��y�t��� ���n int�res� in �h� R��f
<br /> Pr���r�r, ��v�r���rr th�� ��ti�r� sl��]I r�a� be ��€er�i��� b� f��nd�r �f �u�� ���rcis� is �r�h���t��l b� f���r�l I�v�r �� �y
<br /> N��r�s[�� [��r.
<br /> TA�ES �I�� �IF��. �h� �r�l[�v�rir�� �r�visi�n� r�[��in� �� �h� ����s �nd [i�r�� �r� th� f�rQ��r�y �r� p�rt �f tf�i� a��� ��
<br /> Tr�st:
<br /> P�ym�nt. Tr�st�r�h�I[ ��y w�i��du� ���� irt a 1[ �ven�� �ri�r�� ��li r�qu�r���� �II t��ce�F s���i�I���€��r �s��ss rrti�r�ts,
<br /> �I�a��e� [ir��Eu€di r�� �rtir�t�r �r�d s�v�r�r�r �€i��� �n� it�p�sEti�r�� [e�ri��f ���ir��� �r �n �����rn� ��th� Pt'���r�rr �nd �E��I[
<br /> ��y wh�� d�� alE cl�irr�� f�r- v��rk��r�� �r� �r fa� s�r�i��� r�nd�r�� �r m�t�ri�] furr�isl���i t� �t�r� �r�p�r�y� Trust�r
<br /> ���IE m�int�in t�� Pr����r ft����f�!1 I i�r�� lnavin� pri�ri#���r�t��r��u�l t���t� i n�t�r�s��f 1����i��-r�r�d�r tl�i� �����f
<br /> Tru�tr ��c�pt f�r th� !i�n �� ����� �n� as��s�rry�r�t� ri�t �u� a n� ����pt �� ��h�rv�r��� �rarri��d ir� �F�i� ���d a�r
<br /> Tru�t. ,
<br /> F�:����� ��n���t. Tr��t��'r��y v�rt1�E��1�{ ��ym�nt��any���, ������m�ntr �r ���irr� �r� �ann���f�n wa�kl� � ���d f�it�
<br /> �is�ut� �v��r tl����1ig�ti�r,t� p�y, �� [�n� �s ��n��r's i r���r�st�r�tE�� �r�p�r-xy is n�������r�i�ed. lf� �i�r� �rise� ar
<br /> is fi[�d �� � r�s��x �� r������rrn�r�t, Tr�st�r s��I� vv i��i� f i�teen �'l�� �f�.�� ��t�r t�� I[�r� �ris�� or, if a I i�� is fi1�C[,
<br /> v+��th�n #if��ert {�5) d��� ��r�r Trust�r �as n��i�� �f �h� fili��, ����r� tl�� dis�h�r�� a� �E�� �i�nr �r if re����t�d �y
<br /> L��der, �epa��t wi�h L�nd�r��sh�r���[�i�=�n����'��r���sur�ty��nd �r���n�r s���[rity s�ti�f��t���� L�nd�r in �n
<br /> �m��nt�raffi�ient t� �is��ar��tl�� li�r� �lus �ny ���t� and �t��rn���' f���, �r�t}��r�I��rg�� th�t�aulr� ���r�� �� a
<br /> r�s��t�$�f������su�����ale ur�c�er�h� li�n. In any���rt��t, Tru��ar sF��il �e�Fe�� i���l����i �.�n��r�n�i�I��ll s�tis�y
<br /> any adv��s�judgm�nt Ea�f�r��r�f����m�nt���inst tl�� �r���rt�r. Tru��ar�h�l! n�m� L�n��r�� ����l�li��o�al a�li���
<br /> �n�f�r�ny s�r�ty b�r�d fur�i�l��� �r�th��Qrrtest pr�c���in��.
<br /> ��id�n�� of Paym�n#. Tr����r�h�lE �a��n d�m�r�d furr��sl� t� L�nd�r sat���r����r���id�r��� �f p��rr��r�t�f tf�� ta��s
<br /> �r ��s���m�nt� �n� sl�a[� ��tl��riz�tl�� �p�r�pfiat� ���rern��nt�� �ffi�i�l t� r��l't���t� L�r�d�r �t any�im� � �nrt'Ett�r�
<br /> st�t�rr��r�t�f tl��t���s�nd a����sm�nt�����n��th� Pt'���r�y.
<br /> N�ti�� �f��r�strr��ti�r�. Tru���r sC��l[ n�t�fy L�nr��r �t [�2t�t fift��r� �7�� d�ys ����re �ny w�rl� i� ��mr��n��d, �n�r
<br /> s�nri�e� a�� f�rnisl���, �r�r�� ��t�ri�ls �t'� �U��f��� t� tt�� �rap�r�yr if�ny m��h�n��'� li�n, rr7���r«]m�r�'s 1i�n� ar
<br /> �th�r li�� ��r�l� f�� ����rt��€ �n ��co�nt a��h� w�rl�r ��r�i��sr or m�t�ri�ls. Tru�t�r v�ill u��n r������ a� L�n��r
<br /> �urni�h �� L�r�der ��fv�n�� ����rr�n��� ��ti�f��t��r t� L�r�d�r th�� Yru�t�r ��n �n� �rvifl p�y t�i� ��st ��f su�h
<br /> �m�r���m�r�ts.
<br /> ���p�F�TY ��►MA�E I�S�R�4N�E. Th���I[�v�rir,g �ro�isi�r�� r�l�tir�g t� ir��urin�th�� Pr�p�r�y�r� � �a�a€t�ri� ���� ��
<br /> �r���.
<br /> Mainten�r�G� o� 1nsUr�nce. Tr��t�r ���IE pr��ur� �r�� t��i r���i r� ��[i�i�� �� �i r� in��r�n�� v�itl� �t�r�d�rr� ��t�t��l��
<br /> ��v�r��� �r���r��m�nt� �r� � r��E���m�r�� ��sis f�r t�� ��IC �nsur��[� ��1�� ��u�rin� �I[ �m�r��r���r��s �� �the F���C
<br /> Pr���rt�r i r� �r� �m�u�t ���i�ient ta av�i d ap pl i�����n �f any ��ins�ra r��� cl�us�f ��� v�rEt1� a �tan�ard ��rt�����
<br /> ��au�� in�av�r�f L�n�i�rr����tl��r v►�[th su�h �t�i�r I������# �r�� li��i�ity�nsUr�n�e�� L�n��r m2�y r��s�r��bl�r�quir��
<br /> P��i�i�s s[��lE �� v�r��t�� i r, f�rr�r �m�unfi�, ��v�ra�es �n�l ��si� r��s�n�1�[y ����pt�1�l� t� L�r��l�r �n� i�s��d hy �
<br /> �am�an�r ar ca�rtpanie� re���n��]y ����pt��l� t� ��r��i�r. Trust�r, up�n r�quest a� ��n�f�rr vtiril� ��liv�r t� ��n�f�r
<br /> f��m time t�tim�th� ��li�i�� �r ��r��fi��t�s ��in�ur�n�� in �r�rm s�ti�fa�t�r��� L�nd�r, ir�cludir�g s�i�ul�ti�r�s �h��
<br /> ��v�r���� wilC r�afi b� ��n�e{led Q�- dimini�h�c� �i'th��at �fi ���St t�t� (��} �l�ys �ri�r wri�en n��i�� t� �,�n��r. Ea�f�
<br /> in�r�r�r��� ��li�y�I�a �h�l[ in�[ud� �n �r�d�r����r�t �r��ri�ing th�t �Qv�r��� in f�v�r �fi Len��r�ril[ r��t �� irr���ir�d
<br /> in �r,�v��� ��r �r��r ��tr ar�iss��n ar de�aul���Tr�,�t�r �r �ny��kh���er��n. �i-�aufd tf�� F���I �r���rt�r �� [������€ in
<br /> �n �rea �i�s igr����� �y�h� ai���x�r�f�h� F��I��'�! Etr��r��r���r I!�I�r����m�nt Ag�n�y as a �p��i�l �I��� h���r� ��r��,
<br /> Tru�tor ��r��s t� �bt�ir� ��� r��i���ir� ��d�r�I FI�a� I n�urarr��r if ���i l��l�, f�r th� f��l �ar�p�i d pri r�c�p�! ��E�n�� a�
<br /> t[�� [��r� �r��l �n� �ri�r I��n� �n �he pr���r�y ����rin� ��� ���nr up t� the m��irr�ur� �oli��r limits �e� �r�r��r �h�
<br /> N a�ia n�l Fl��r� ln��r�r��� Pr��r�m r ��'�� �tf��rv��s� r��uE���i f��r L���i�r f a nd ta ��i n��i n ���h i n��r�r���f�r tl-t�t�rrri
<br /> �f tf�e [���.
<br /> A�pli�ati�n �� Proceeds. �r����r s�n�l! �r�m}��l� r��tjf�r ��r���r�f �r�y I��s �r d�rnag� �a t�r� �r�p�rty. ��n��r m��r
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