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<br /> yfim�i�����e �����Ge. ��r�-�� i�af the�s��n�� �n th� ��r��rm�n�e af tC�i��eed of�r��t.
<br /> l��i�r� J�ry. �411 ��rt��s t�tF�i� ���� �f Trr�s�l��r���rrv�i���t� ri�l��t� �r�r�j�r�r tri�! ir� �n���ti��, �r�����l�rr�, ��
<br /> GQ�n#�r�I�Em�r�r�gh#f�y�n�r��r�y���in���rty�#h�r��r�y-
<br /> ��iv�� vf H ame�t��d Exemptiort. Trust�r ����#��r r�[����s �r�d �nr�iv�s �f! ri�f�ts �r�� ��r��fi�s �f ��t� �,��r,��t���
<br /> ���m��i�n l�w��f th� �t�t��f N�l�r��l����#��I! in���t��1n���s���r��] by#h�� D��� ��Tr��.
<br /> �FFI�111�1��11�. The f�!lav�ring capita[�z�d w�r�� and t�rr�s �h�I[ h�v�th�f�El��ing rr���ni n�� �rvE��n u��� i n �t�i� �eed o�
<br /> Tr��t. fJnl��� ����ifi��If�r�t�t�d t� t�� ��ntr�ryr �lf r�f�r�r,��s t� ��lf�r �rr,��nts �f��l� rr��ar� �m�r�r�t� in I�v�rf�[ r��n�y
<br /> a� the U r�it�� ��at�� �� Am�rica. 1f1fa rd� and #erm5 u�ed in th� si ng���r �h�l f i��[ud� the p I�ra!{ ���] th� plu ra f s�a�I
<br /> in�lu�� �h� �in��l��� �� �h� ��r����t may r�qr�ir-�. I�I��r�s �r,d fi�rrr,� r��t ��h�rv�is� ��tir��r� in tf�i� ���� �f Trust �I��ll
<br /> hav�th�m��nin�s attri�utec�ta �u�h t�rm� ir�the Unifar� ��ri-3mer�i�f �a�le:
<br /> ��r���i�i�r�. T����r� "��r,�fi�i�ry'� m��r�� E��it��l� ��r�l�� �r�� its s u����s�rs �r�d ��sig r,s.
<br /> B�rr�w�r. Th� �nrard "�a���v�r�r" m��r,s �R�Na ]�LAN� RE�EN�1� �ETIF�EI�IE�[T �r,d in�fu��� a[� ��-�i�r��r� �r��
<br /> �o-m���rs��gnin��he f1�ot�an��[�thei���r�����ar�an��ssi�n�.
<br /> D��� �f �i'���#. Th� vv�r�1� "���r� af Tru�t" m��r, tf�i� ����[ �f Tru�t ��r,�r�� Tru�t��-, L�r�d�r� �r,d Tru����, �rr€�
<br /> �r��l ud�� �it��ut �i mit�ti�r� ��I �ssi�nEn�nt �r�� s���r�fiy Enter��t pr�vi�[o�� re[ati ng ta th� ��r�or�al �rapert� and
<br /> R��t�,
<br /> ae�arar�. �`F��wo�d "�ef��Et" m�an��1�� D�f��[��e�t f�rkh in�thi� a�����Tr�s�in�h�����i�n��tl��l "D�f��it".
<br /> En�ir��trt��r�#�1 L�ws. Tl�� vtir���s "Er�vir�r��r,�r�t�l ��v�r�" m��n �ny �n� a[l �tat�r ����ra[ an� [���I s��tu�e�r
<br /> r��ulatiarr� an� a��ir��n��s r�l�tir�� �� th� pr����ti�r� �� h�,m�r� h��[#h �r th� �nvEr�r�m�nt, ir��l��in� v+ritl����k
<br /> ]irni��ti�r� t]�� ��rr��ref��r��r�r� Er��rfr��m�r�t�l �es��r�se, ��rr���r���#i�r�, �r�d Li�bili�ty A�t �f ����, �s �r��r�d��ir �4�
<br /> lJ_S_�_ ��Gti�n ���'�r et s��{- {"rC�F��LA"}{ the �u��rfun� Am�ndments �nd R�au�f��ri�a�ia� A���€ ����r Pub. L.
<br /> N�. ��-4�� {"����"}r�h� H���r�i�r�� [I�[at�ri�l�Tran���rtatian A��,�-� �.�.�. ���ti�n 7��1, �t���.r�h� I����ur��
<br /> �����rv�ti�r� �r�d ��c�v�r� A�tf �� �!_�.�� ���ti�r� ���1, ��s�q-r �r�tFi�r ����i���[� ��tat� �r ����raC [�vvs{ rul��{
<br /> �r reg uCa���n� ada pted p���u�nt�h�r�t�.
<br /> E�r�rr��f��f��lt. TI���nr�r�i� "Ev�nt�f��fa��fi" mean any a�t���v�nts��elefault�����r��n i��h�� a�e�l �f Tr��-k in
<br /> t���v�n�s�f���a�r[����ta�r��f�his E���� ��Tru�t.
<br /> �U�r�nty. Th� vtir��r� "�uat��r��,. rr,��ns tC���u�r�r�i�r#r�r� g�r�r��t�rr ����r��r� sur��y, �r����mm����i�r� p�rty t�
<br /> L�nr��rr in�l��iir�� v�it���t[im�t����n ��uar�nty r�f�f!�r�ar��-f th� 1�fat�.
<br /> H���rc���� �ubst�ri���. Tf�� v�r�r�s "�€�z�r�aus �ub���n��s" m��n rr��#�ri�1� �h�tr b���u�� �� �h��r ��a�r�#ityr
<br /> ��r���n#rati�n �r phy�i��lf �hemi��� �r inf��ti�u� �har��t�ri�ti��, m�� �au�� �r p��� a �r�s�r,t �r ��t�r�tia! h�z�rd
<br /> t� hurri�r, h��lth �r th� �r,�i r�nrrti�nt v1r1��� im�r���r��r u���, tre����� s�����i, �is����d �fr ��n�rat��, m�n����t�r��!r
<br /> �r�n�p�r��� �r ath�rv�i�� h�r��f��. Th� v��r�]� "H���rd�r�� �r��stan��" are u��d ir� t[��ir v�ry �r����st s�n�� �r��
<br /> in�l��� v�ri#h�ut Jrmit�t��r� �n� and �IF f���ar�{�t�s �r t��i� su��t�r���s, �r,�#����Is �r vv�st� �s ��fEn�� �y �r Ii�#��
<br /> un��r�h� Envir�n��nt�l �,�v�s. Ti F��t�rm "H���rd��� �ub�t�n���" �Is� irt�lud��, V1fltl'1�Llt EICCI]������lr �e�r�l��m �r�d
<br /> ����a��um b�-p���u�t����ny�rr��ti�r�th�r����r��i�s��st���
<br /> [m���v�rt��n#�. T�� �r�r�l "Ir�t�r�v���nt�" rn��n� �IE ��i�tir,g and fut�r� im�r��r�m�r�ts� I�ui[dir,gsr stru�rur���
<br /> m�E�il� 1��rrt�� �f���€�d �r� �i�� ���I �r���rkyr ���E�I�IP1�r ���i�i�n�, r�pl a��rx��nt� an� ��h�r ��nstru�ti�r� �n t�� R���
<br /> �r���rty.
<br /> ln�l�t�#��Cn���, 7�� �rv�r� "I n�1����d��s�" m��ns af� �rir��i�al r i nt�r��t f ar�d �th�r �m�unts f ���t� �r�cl ��p�r���s
<br /> p�y��[� und�r t�t� �l�te �r F����t�� a��utr��r�fis� ����tF��r v�ritF� �CI r�r���rv��s ��r �x-��r��i�ns Qf, mQr�i�i��tE�ns ��,
<br /> ��ns�[i��ti�ns ����� ���stit�ti�n��r�r t�� �f�t� �r R�late� D���m�nts �nd �r��r�ma�nt� ��cp�r�d�� �r����n��d �y
<br /> L��d�r t� �is�h�r�� Tr�st�r's ��liga�tic�r�s �r e�€��ris�� �n�urr�� hy Trus��� �r L�n�t�r �� �n��r�� �i ru�t�r'�
<br /> �bli���i�n� �n��r this b��� �� Tr���, t���ther v�rith i nt�r��# �n su�h �m�unt� �� �ra�rid�� i r� thi� I���� �� T��t�t.
<br /> �p��ifi�a!]y, v�rith,��rt limit�ti�r�, l�t���t�dr+�s� �r��lu�f�� �[�� f�rtur� ��v�r���� s�t ��rt�i ir� t€�� �utur� A�v�n���
<br /> �r��ris i�r,, ��c��tf�er �ri�l� �11 En�er�s� t�r�r��n �n� ��l am��nt� t�a� r��� �� in�i���tly ����r�d by th�
<br /> �r���-��I�at�r�[i�a#i�n pr��ri�i���#thi� ������T���t.
<br /> L�rtd�r. �he v�r��r� "��r��1�r" rr���ns �qui����� ��r�k� it�succ��s�r� ���1 ���ig�rs.
<br /> N�t�. Th� v�r�r� "N���" m��ns th� �r�m i�s�ry�r�t� d��t��! iVl ar�h ��, ��'f�-� !� '�h� �r��Ir��l �t'i�7�i��1 �rn�u 1��
<br /> �f ������i���.�� fr�r�, Trus��r �� L�n��rr t���t��r v�ri�C� a[l r�n�w��� ��FF ��t�r�si�ns ��, m�c�i�ri�ations �#f
<br /> re#in�n��n�s ��r ��r�s�li�a�i�n��f� ar�d �ub�ti�utians f�r tFr� �rami�sary rr�t��r a�r��rr���rt.
<br /> ��r�anal �rop�r-�. Th,� w�r�s "��rs�n�� F'r�p�rty" m��r� ��l ��ui pm�ntX fixtur��r a n� ��h�r a rti�l�� �f ��r�an�[
<br /> �r����r n�w ar h�r��ft�r �v�rr��d ��r Tru�t�r, ar�d rt�v�r �r f��r��ft�r �tta��t�� �r a�i��� t� tF�� R��l �r�p�rt��
<br /> t�g�tE��r with �I! �����si�nsr ��rt�� �nd ��l�[��i�ns ��, �II r�pl���m�n�� �fr �n�[ �[1 ��f��tit�ti�r�$ �F�rr �ny �� �u�h
<br /> �����rtyr �nd t���t[��r v�rifi[� �I! pr����d� (ir��1 udin� wit��ut ICfr]I��tl�I� �l[ in��ran�� �ra����s �r�d r��un�ls �f
<br /> �r�rr�iurr��� fr�rr� �n�r��f����tF,�r dis��$i�E�� �f�1�� �����r�y.
<br /> Pr���rtr�. Th�war� "Prap�rty" m�an� ��li��tiv���tl�� F���� Pr����ty�n�#�t[�� ��rs�r��[ �r���rty.
<br /> F���l Pr���r#y. Th�v�r�r�� "���I Pr���r�r" m��r��h� r��l �r�p�rty� in�t�r��t� an� ri+�ht�, �s furth�r d���rib�� ir��h�s
<br /> D��d��Trust.
<br /> R�[at�d ���ur��nt�. T�� v�r�r�s "��lat�d a��urr��rrt�" m��n �Il pr�mi���ry r�ot�sr �r��]i� ��r��m�r�t�� [�ar�
<br /> ��r���r,�r,��� �r�virpr�rr7�r���C ��r��m�ntS� ���r�n�ti��r ����ri�ty ��r��m�n��, m�r#����sr ����s �f tr���r ���u�ity
<br /> d���sr ��I[���ral rn�rt����s r ��� a[I ��h�r ]f1�tfLJ I"C1�TF�5 r ��r����r,ts an� ����rn�nts� w}���h�r r,av�r �r [��r��ft�r
<br /> ��i�t�n�� �����t�� ir���n����i�r�v�Etl�tl�� �r�d�l����r��s��
<br /> F��n��. Th� �nr�rcl "F��nt�" rr��an� a�l �ar��nt an� ��t�r� r�r�tsr r���nu�sr ir�����, ��su�sr r�y�lt��sr pr�fits� �r�d
<br /> �th�r��r��fits�1�ri�r��fr�m tE�� Pr���r�y-
<br /> �rust�e. �h� �nr�r� �'Tr�st��" r���r�� E�uita�l� Bar�E� ��r�r�� is]�r��I F���i�r��r �rl��s� �d�lr��� i� ���-1'[� N L�cu��
<br /> ��i �� ��� ���, �r���l �sl�n�f NE �����-��[���n� �r��r�u���itut�ar�u����s�r tru�����.
<br /> Tr�,st�r. 3h�vtir�rci "Tr�st�r" �t-t��rr���.ANf� I�LAN� [�E�EN�1{f��'T'[[��M�NT.
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