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7/20/2017 10:16:24 AM
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��14��7�3 <br /> �EF� �� YF�[��T <br /> ���r� �u�� ��������[ ���r�ti r����I� ���� � <br /> �����mertt��F th�t���� an� ����ss�n�nt����in�t�h� �r���r�. <br /> N�ti�� �� ��n��ru��i�r�. rtrust�r�h�lf n�ti�y ��r���r �t l��st�rift��r� �7�� d��� ����r� any v�r��l� is ��mrr��n���fr �ny <br /> ��r�ri��s ar� f�rr�isl��d, �r�ny m at��i�I� ar� ��ppli��l t� t�� �r�per�y� i�F�riy rr�ecl�ani�'� [i�r�, rr�ateria[rr,�rr rs li�r�, �r <br /> �th�r 1 i�r� ��u�d b� ����rt�� �n a���r�n� �f�I�� wv�rk, s�rvi���, �r m�t�ria[s. Trustar wi II u��n r����st �# L�r���r <br /> ��rni�h t� ��r��l�r ����n�� ��s��an��� �atis�a c��ry t� L�r���r th�t Trus��r ��r, �nd �ril l ��y t[�� ��st �f s u�h <br /> ir�pr�v�r���ts. <br /> �F��PEF��Y a�►11��►��1N�UF�A��E. Th�f��l�wir,g �r�v�si�n� r�latin� t� insr�rin��h� �r���r�y�re � ��r�t��F�his ����i �f <br /> Tru�t. <br /> I�aint��an�� �f [r��ur�n��, Tr�st�r sl��ll �r��ur� �r�d 171�Ef1��lfl p�li�i�� �# fir� insuran�� �rit� stan��r� ��t�r��ed <br /> ��v�r��� er���r��m�r�t� �n a r��1�G�m�r�� 1�as i� f�r�h� f�l l �ns�r�bl� v�Eu� ����ri r�� �l l [rrt�r�v�m�r��s �r� t}�� R�al <br /> Pra��r�r i n �n arn��n� ��ffi�i�r�� t� �v�i� �p��i���i�r� a� �ny �ai n�u���c� ��a u��r �r�� wi#h � st�n��r�€ m�rt��g�� <br /> cl�use ir�f���r�f L�n��r. Tf�st�����II �fs� �r��ur��nd m�in�k�in ��r����l���si����r�er�l Ei�f�i�ity in�uran��in�u�h <br /> ��v�ra�� arn��n�� a� Lent��r rn�r� r����st �+ith Tru�t�� ar�d L�n�er f��i�� r�am�� �s a��i�i�rr�[ ir�sur��� ir� su�l� <br /> I i��i I�t� in�u��n�� p�E i�i�s. Adt�i���r�al ly, Tr�st�r ���f] m�i r�t�i r� �u�h �th�r in��ran��, i n�l u�i�� b�� n�t [im it�� #� <br /> h���r�F b�sines� i�t�r��s�t��nr �r�� b�il�r ir�sur�n��� a� L.�n�l�r m��r r���vn���y r��uir�. ��lici�� �1��11 �� �vritt�r� in <br /> ��rrn, �rn ar�r�t�r ��ve�a��� �n� b��i� rea�on�bly �����t�E�[� t� Le r�d�r �n� i���a�� �� � ��rn���y �r ��m��r�i�� <br /> reasort��Cy ����p��}�[� t� L�n��r. �rr��t�rr up�n ������# �f L�n+��rr wil l �[�1iv�r t� ��r��]�r �r�m �i m� t� tim� �h� <br /> p�l i���� �� �er�ifi��t�s �f i n�ur�r��� i r� f�rrr� s���s�ra��ry t� ��n��r, i n�l u�iin� ��ip�[�ti�n� t����Qv�r���� �v i�l r��t 1�� <br /> c�r�c�[]�� �r �ii mini�h�� v�ri�h�ut a� [���f t�n ���� d a�� �ri�r writt�r� r��ti�� t� L�t�d�r. Ea�h insur�r��� p�li�y a[�� <br /> �h��l in�f�r���n�n��r��rr�errt pr�vi�]it��tha�c���ra�� in�rav�r�f L�nc��r will nv�b� irr�p�ir�d ir� ��y w�y l�y�r����tr <br /> �rr�iss��r� �r���a uf� ��Tr��t�r �r any �tC��r ��rs�r�. �I��ul�€ t�� ���I �r�p�fty b� I��a��d in �n ar�a d�s i�n�t�� b�r <br /> tF�� ��r��ta r�f th� F�d�r�I Err��r��n��r�11 an���m�r��A���cy�� a����i�l f1�Q� ��zard �r����ru���r a�r��s t��bt�in <br /> �nd m�ir�t�in F���r�l Fl��� In��ar�r���, i� ���il��I�F �ar tt�� �F�rl� un�a��d �rir��ipal b�E�n�� �� �F�� I�an �r�� �ny pr�Qr <br /> I i�r�s �n �h� �r���rty s��uri r,� tl�e I�anl �� t� th� ma�i mur� ��[i�y [im��� s�� �r�d�r �I�� [��ti�n�l Fl��d Insur�n�� <br /> Pra�ra m� ar a���h��v+ris� r���ir�d hy��r��er f ar�d t�r�r air��ai r,su�h ir,s uran����r t�n�t�rm Q�t�� �Qar�. <br /> Ap�l'r��ti�n ���r�����ls. Tru�t�r��a[] �r�mpt[y n�ti�y L�n��r of�ny [��� �r cf�m���tc�th� �r�p�rty. L�n��r m�y <br /> mak� �r��f �� ���� i� 7r�ast�r ��il� �� d� �� �vithir, fift��n {'��� d�y� a� �h� ����talty. ��n��h�r �r r,�t L�r���r'� <br /> ���urity i� i rr���i r�d, ��€���r ma�r, �� L�nd�r'� ����tionr r���iv� �r�d r�ta��n �th� ��o c��t�� ��any insu��n�� �nd a Pply <br /> th� �ra����s t� t�� r�r�u�ti�n ���1�� ]r����t���t��sr p�ym��t �f an� li�n �ff��tin� �h� �r�p�rty� �r tE�� r�stor�ti�r� <br /> �n� r���ir �f tk�� Pr���rt�r. !� L�n��r �l��t� �� apply th� prQ����i�#� r�st�r��ti�n �n� r�p�irr Trust�r sh�]f r��air�r <br /> r�p I��� th� �ar�t���� �r ���tr�y�� I m�r�v�rr,��ts i n a m�n n�r s�ti�fa�t�r�r �� L�r��e�. ��rt�l�r s I��l[, up�n <br /> �atisf����ry �r���F �f st��h ��cp�€��i�ur�, p��r �r r�im]��r�� Tru�t�r �r�rr� fiF�� �r��e��� f�r tl�� r�as�n�bl� ���t �� <br /> r�p�ir �r r����r�t��r� �f Tr����r i� r��at ir� d�f�u[�t un��r this ���� �f Tru�t. �r�y pr����ds �rvf�i�l� i��v� n�� ���n <br /> �i��urs�� vwi�th�n '��� d�ys ��t�r th�ir r���ipt �n� which L�r���r E��� r��t ��mrni��� ta tF�� ���air �r r����r��i�n �� <br /> th� �r�p�rty sl��ll �� �s��t first�� ��� �n� am��rt��v��n� t� L�n��� �n�C�r��ris ���d �f Tru��,t[��n t� pa�r a���u��] <br /> ir���r��t� ar�d th� r�rr��ind�rr i� �r�yr �h�ll b� �pp]i�� t� tl�� �rin�i��[ b�l�n�� �f th� Ind�����i��s�. �f L�n��r �i�l�i� <br /> �ny pr�ce��s ��t�r p�yrr��r�� ir� �Fu1l �� tl�� ln��bt��n���r su�h prQ����[s �h�l[ �� ��i� t� �r�s�t�r a� Tru�t�r'� <br /> ir�t�r��ts rr��y�p��ar. <br /> �'ru�t�r's R�p�rt�n �r��ur�n��. U��� ��qu��t�f L�nd�rr �i�v�r���r ��t m�r� th�n �n�� ��re�r� �rust�r sl��l[ furnish <br /> t� L�n��r � r���rfi �r� �a�l� ��is�E r�� p�li�y �f �n��r��n�� sh���ir��. {�} ��t� r��rn� ��r -th� i ns ur�r f ��� ��r� ri�ks <br /> i r�sur�d r (�� t�e �rr��unt �f �h� ��1 i�y, {�} th� pr���rty in�u r��r th� ther� c�rr�nt r��l���rrt�rr� v�lu� a� �u�h <br /> pr���rty, �n�f th� m�n n�r�f��t�rm i ni n�t}�����l u�f ��cl �5) th� ���i ra�i�n �a�e a��h� ��li��r. "1"r�r���r sh�][r u��r� <br /> r�q�est�f L�n�[�r� h�v� a�r� ir���p�r�d�rrt��prai��r�atisfa���r��� L�n�[�r�let�rmir,�tF���asf���lu� ��pf���ment���t <br /> �f th� Pr���r�r. <br /> LEN��I�'� ����Na�7'��E�. [f��y��ti�r� �r pr��e�din� i� ��mm�r���d �fi�t�rv�uld r��teri�lly �ff��t L�r�d��'� ir�t�r���in <br /> tf�� Pr���rt� �r if Tr�st�r f�ils t� ��m ply v�ri�h ���r �r��rist�r� �f this ���d ��T��st �r an� F��f�t�ti L���urr��r�t�� i r��f u�in� <br /> ��at n�t [imit�� t� `f'rus�o r's ��ilu r� t� �i��h a r�� ar p��r v�rh�n �i�a� an�r �r��ur�ts �r�st�r i� r����r�� fi� �i��h�r�� �r pay <br /> ur���r thi� ��ed �f Tr�a�t�r a n�r ��I���d ��c�rr��r,�s r L�r�d�r�n Tr�a�t�r'� l��ha��m�y {�u�s F��l! r������b li��t�� �a� ��k� <br /> a n� ��ti�n �h�� L�r�d�r ���r�,� �p�rap ri�t�� in����ir�� 1��� n�� [irrtii��d t� �li��h�r�in� �r payin� a[] ��x�s, l i��s, �e�urity <br /> ir�ter�sts� �n�um�ran��� �r�� �t��r�[�irrts� �t�ny tErn� I�vi�d �r �la���] �n�1�� �r���rty��� ��y9n� �[� ���t�f�r ir�s�ari n�� <br /> m�in��inir�g �r�d �r�s�rvin� th� Prap�rty. A[l s��h �x��r�dit�rr�s i r��urr�� �r p�id �y L�n��r��r s uch �u r����� �nri[� t�+�n <br /> ����i�t����t afi th� rat� �C��r��d ur���r tl�� �l�t� �r�m th� �a�� in�urr�� �r �ai� ��r ��n��r�t�th� d�t� �� r����rrn�nt �� <br /> Yr�s�Qr. All s��� ����r���� vvill b�c�me a p�rt �f tl�� �r������d�r�s� �n�r �t L�r�d��'� �pt�Qr�, wiil �A� �� p�y���� �n <br /> ��m�n�r {�� b� a���� �� th� ��]�r��� a�r tf�� N�t� �n� �� ap��r�i�n�d �rrr��� ���] E�� p�y��l� �vith �ny Er����l�m�r�t <br /> ��yrr��n�� �� ��c�rr�� �u� dr�ri€�� �itF��r ��i� th�t�rm ���r�y ��pli�aE�f� in����r��� ��l i��r� �r ��� tl�� r��ainirt� t�rm �f <br /> t�� N�t�r �r ��) �� tr�a��� as � ��II��� ��y��nt v�hE�h v�rif� f�� �u� �n� ��y�l�i� �t th� �[���'� maturit�, Ti�� ���� �� <br /> `�'r��# �Is� v�r�l[ s��ur� �ayr��n-t �f th�se a�n����s. �ucl� ri�h� sl��l[ �� in a��iiti�n t� �[I Q�h�r ri�l�t� �na� r�m�dE�s t� <br /> vtir]�i Gh L�n��r�nay���nti���� u��� I��f�ult. <br /> V1�ARF�AN�� �E����E�F TIT'[�E. TYte f�ll�win� pravi�i�ns ����tir��t� ��n�r�hi��#th� �r�perty are a ���t�f tl�i� �eed <br /> �f Tru�t: <br /> �itl�. Tru��or �r�rr��t� tt��t: (a} Tr�a�t�r ��I d� �oa� �nd m arl��t�b�� tit�� a�r r���r� �� th� Pr�p�rty in f�� �i r��l�� <br /> fr�� an� �I��� �f �[1 �i�n� �nd �n�umf�r�r���� �t���th�tn th�s� ��� ��rt�r in tf�� ���I �r���rty ����ripti�n �r ir� �ny <br /> ti�[� ins�rr�n�� ��Ci�y� titl� r�p�r�r �r fin�l �i�le aRiniar� is�u�d irr �av�r ��r �n� �������d by� Ler�d�r ir� ���r�e�ti�r� <br /> �rvith t�is a��� ��r�r���r �nd �b� Trustar Y��s the fu[! ri�h�r ��1lV�Cr a�n� auth�ri�y�������t��r�d ��li�r�r�h�� D��� a� <br /> Tru��to Len��r. <br /> �efeRs� �f Ti�l�. �ubj��� �� �h� ��cepti�r� i� t�i� ��r��raph �k��v�, Tru��or warr�nts �r�� v'+��IE ��r�v�r ����n�i �he <br /> tit[� ���h� �ro�er�y ���ir�st t�t� I�w��9 �I�irn� �f al I persor��. [r� ��� ���nt a n� ��ti�n �r pra���di ng is ��r�r��r��ed <br /> tl��t�u��tiarr�Tr��t�r's�i�[� or��� ir�#����t��Trr��t�� �r�.�n�l�r un��r��is a���l �f Trustr Trust�r�h�l[ �i�f�n� �f�� <br /> ���i�n at`rrusfi�r's ����t�s�� Tru�x�r m�y �e th� n�rr�ir�al �a�rty irr ���h pr�����in�X but L�nd�r sl��ll �� ��tit]��! �� <br /> ��rti�[���� �n �h� pr��e�ding a��l t� [�� r��r���nt�� an �h� �r�c�edin� }�y ��ut�s�l �f L�n��r'� ��n �haicer �nd <br /> T�rusta r �i�l ��[iv�r� �r��r�s�t� �� ��1 i��r�d r �t� ��r�����u�i� irt�trum�nt� �s L.�nd�r may ���u�st f�'�m ti�� �� tim� <br /> t� p�rm�t su�h ��r�i�ip�tian. <br /> �amplE�n�e �JIlith �.��►tirs. Tru���r �nr�rr�r�ts that �th� �r��O�rty �r�d Tr�st�r's u�� af th� �ra��r�r ��rrti�lE�s 3nrit� �1[ <br /> ��istirr� a��lE���l�laws� �rd�n�r���s� �r��f r��u]�ti�n��f g�v�rn�ent�l �u�F��ri�i��. <br /> SUnriv�l af Fiepres�r��ti�r�� �n�l 1l��rr�r:ti�s. AC� re���s�r�t�ti�r�sr v�r�rr�nt���r an� agree�'nents r���� fly Tr��t�r in <br /> thi� ���� �t Tr�s�sha�l surviv�t}�� ��c��r��i�r� �n� ��liv�r�of thi� ����# �f Tru�tf sYt�l] b� ����i�uing in n�t�,r�r �r�d <br /> �ha�l rerr���r�i r�fu[1 f�r�e�n������un�i1 s u�h ti�� �� ��rr�v���'� In�I�E����n������[� ����id i r�fu�l. <br /> ��NDEI�#h�AT[��. Th�fal[av�ri ng p r�vis��r�s r���ti r���� ��nd�mnati�n �r�����i r����r� ���r#�f�his ��ed �f Tru�t: <br /> Pr�����iin�s. ]� �ny pr����dir�� i r� ��n��mr���i�n is fi I��r Trust�r �h��l pr�m�#ly noti� L�nd�r ir� �nr ritin�f �r�� <br /> �i rust�r sh�[] pr�m��1y t��� �ucC� st��s �s rr���r �� r�����s�r3r �� ���end th� ��t��r� �r�d af�tair� tl�� �war�. Yrus��r <br /> m�y be tf��nam i r��l ��rty i r����h pr����d�n�� �ut L�r����sh�[] ���r�ti�f��i�� }�arti�i�at�in tY���r�����f ir�� �n��k� h� <br /> r��r�s�r���d ir� th� �r��e�din� t�y ��ut���E af its �v�rn �haic�, and Trust�r wil[ d��iver �r ���s� t� be �e�iv�r�d ta <br /> Len��r su�[� ir�strum�nt� �r�� �1��um�nt��E�� �s rr�ay b� r�qr��s�t��l �y L�nd�r �r�rn tirrr e t� t�rn� t� ��rr�i� s��h <br /> p�Tti��p�ti�n. <br />
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