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<br /> �E�l� �F �"1����
<br /> L��� �1�� �������� ���n�in��d� ���� �
<br /> Trust�r �h�ll �ram p�ly��k� �uct� �t��� �� m��r b� n�����ar�r �� d�f���i th� ��tian �n� ��at�in th� ���r�. Tru�t�r
<br /> m�y��t�� r��m in�I p�rty in���h �r�����ing� �u�t L�r,d�r s h��l I b� �ntit[�� �v �ar�i�i��t� ir�th� p r����d�n� a r�d-t� b�
<br /> r����s�r���d in ��� prQ����in� �y ��un��[ �� its ��n �h�i��, �r�� Tru�tar wil[ d�Eiv�r �r ��use �� b� d��iv�r�d t�
<br /> f��r���r st��[� instrum��ts �n� r����m�r�t����n �� m�y �� r��u�s��� b�r L�r���r fir�m tim� t� ti m� -t� p�rmit �+��h
<br /> [��ftl Gl���l�Cl.
<br /> A��li���iQn flf IV��l�r����d�. I f�l l �r an� �a r��f�i�� �r���rty i� ��r,d�mn�� �y�m ir��r����rrf�ir� pr�c���in�� o��y
<br /> �r�y�r����din� �r ��r�C��s� in li�u�#��r���mnati�nf L�r��l�c m����i#s�l��t[�r� r��uire that�Il�r�r�y��t'ti�n�f tf��
<br /> n�� pr���ed� �f th� �rn��r� �� �p�fi�� �� �h� [r�debt��lr���s �r �th� r��air �r r����r��i�n a� ��� Pr��ert�. TI�� r��t
<br /> pr����d� ��F th� ��t+r�r� ����� rr���r� tl�� �wa�d aft�r p��m�nt �f�ll r��s�r��b[� c�s�t�, ��p��s��, �nd ����rn�ys' ����
<br /> FncU rr��f k�y Trust���r L�n��r i n ��nn��fii�r�wit�t}�������m n�ti�n�
<br /> �M���fTl�l�l �F TA�E�r F�E� A�� �HAF��E� �Y ��1l�F�NItiIlE�7�L �►U7�H�F�iTi��. Th� f�[l��r+fin� ����risi�n� r��a�ing
<br /> �� ����rn��r���]�a�cesr fe�� �n� �harg�s ar�� ��r��f thi� a����f Tr���:
<br /> �urr�ri��'��c�sr F��� ar�� �h����s. �J��rr r������ f�y L����rr �ru�ta r s1�a�E1 ���ct�t� ���h+ ����m�n�s i n a ddi�kian ��
<br /> �h�s ���� �f Trust �n� �k��� vtir h�t�ver�fil��r��ti�r� i� r�q�[�st�� [�y L����r ta per�e�t�r��] ��r�ti r�u� L�r�d�f'� 1 i�� �n
<br /> th� R��I �ra per-�►. Trr�st�r sh��] r�im[��r�� L�rtder �f�r �E I t����, �s d���ri��� ��I�wr �����h�r �v it� �I[ ����r�s��
<br /> i��urr�d it� r���r��n�, ��rf���in� �r ��r�tir��i r�g th��� ���� �f Tru��r in�[udi ng �rtir itl��u� lim it�ti�n �l I t��ces r �F���f
<br /> ����rn�r���r�r st�rr���, and ath�r�f��r���f�r r��a r�i r�g �r r��i�t�rin�this E�����f T��st_
<br /> �ax�s. Th� f��l��r+t i�� sh�l[ ��n��i�ut� t���� �a �hi�h tE�i� ����i�n ap�[ie�: �"1� � �����fi� �a�c up�n th i� typ� ��
<br /> ���� �f`�rusfi �r u���t �11 �� �ny p�rt �f �h� Inde�t��r��s� ���ur�� l�y thi� ���� �f Tr���; (�} a �p��i�ric t�� �r�
<br /> �ru�t�r v�rhi�h Tr����r is �u�h�riz�� �r r��uir�d t� ��d�a�t fr�r� ���r��nts �n�F�� l�d����dn�s� ���ur�� ��r th�s�yp�
<br /> �f D���i a�3rust; {�} �t���n thas�yp� Q����d �f Trust�f���'��able ���in��th� ��r��i�r�r t�� hold�r�fi tf�� N�t�r
<br /> �r,�f ��.} a �p��ifi�#��a n �I[ �r�r�� ���rt��� ��t�n� [r���b���ir���s a r an pa�rrt��t� �f �ri r,�i��I �n� i r������t m��� �y
<br /> �rusta r.
<br /> �ul�s�qU�r�t T��€��. I�r �ny �ax to �r�i�F� tl�i� ����ia� ��pli�� i� �n����� �ub�equen� �t� tl�� d�t� �� t}�i� a���S ��
<br /> Tr�s�kr �his ev�nt sl��ll ���� t�� ��m� �ff��t as an Ev�r�t �f ��f�ul�r �n� �����r m��r ��erci�� an� �r all �� it�
<br /> �v�i��b�� r�m��i�� f�r an Ev�r�� �f ��f��alt �� �r�vE�i��i E��I�w unCes� Trus'��r �ith�r �'1) p�y� �he t�x ka�f�r� i�C
<br /> f��co��� d�li�qt���t, �r {�} ��n�k��ts t�r��a� as ���vi��d ����� En t�� 3���� �n� �i�ns s�cti�n �nd �ep�sits vvitl�
<br /> L�r���r��sh Qr a�U��i�i�r�t c�rp�r�t�s�r�x��an�i�r��h��-���urit�r s�tis�ar�t��r t� L�r�d�r.
<br /> �E���I'�Y A�F�EEI�lENT; ���1�[���N� STAT�I�IENT�. Tf�� f�[l�wir�� pr�vi�i�n� r����ing �� #hi� C�eed �� Trust a� �
<br /> �����ity��r��me�tt ar�� ��rt��r#�t�s ����1 ��Tr�s�:
<br /> S�curity �4����rry�r�t. �Fhis in��r�m�n� ���IC ��ns#itut� � ��curity A�r��rrt�n'� t� �h� �x��n� �r�y �f �he �r���rt�r
<br /> ��nsti�����fi�€�Ur�s, �nd L��d�r���la ��v� �IE �f�h� ri�hts �� a se�ur�d ��rty ur��€�r th� �Jr�i#�rm ��mm���i�l ����
<br /> ���t��t����l fr�m�im��a tim�.
<br /> ����rity Interest. �J��r� r��u�st f�y L�n��r f Tr�,���r �F�af1 ��C�� �I��t��r�r a�ti�r� is r��u�s���] b�r ��n�l�r t� ��rf��t
<br /> ��� �antir��� L�r��l�r's ��cu�i�y in��r�st irt ��� I��nts �n� P�rs�n�R Pr�p�r��. Sn �d�itian �� r���rdir�� tl�is ����I �f
<br /> Tru�� in t�� r��l �r���rty r��ar��, �.�n�i�r ma�r, �t �ny tim� �r�d witl�aut furth�r ��tharE������ fr�m Tr����r, �iE�
<br /> e�€��ut�� ���n��r��r�s r ca pi�s a r r��r��u�ti�r�� �f t�i� ���� �� Tru�� as � fin�nci r�g st�t�rr��r�t. Tru�t�r �I���I
<br /> r�i��urs� Ler�d�r�rar all e�p��ns�� ir���rr�� �n ��rf�c�i r�� �r c�riti�ui r�� ��i s s��urity ir�terest. U p�n ��f��I�r Tr�s��r
<br /> ���E] n�t r�m��re, se��r �r ��t�ch th� P�rs�nal Pr�p�rty fr�m �h� Pr�perfiy. L.���r� d���ult, Trust�r �h�l[ �ss�m�l�
<br /> any ��r��r��] Pr���rty n�t �f�i��� �a tE�� �r�p�rfi� En � r��r�r��r�r�� 3t 2� pl��� r��s�n�bly ��nv�ni�n��a Yru���r ���
<br /> L�n��r �nd mal�e it �v�il��l� t� Ler�d�r vxri�hin th�-�� [�� ���r� ���r re����t �� wri��r� d�rr��t�� fr�m L�r�d�r t� t��
<br /> ��t�r�t p��rr�i�ed ��ap�li�ab[� lav�.
<br /> ���r�s��s. �he m�ili�� ��{�r��s�s �f Tr��t�r (�i�bt�r} �n� �����r ���cur�d ��rty) fr�� �rvf�i�E� i�f�rma�i�n
<br /> ��r���r�ir�� �h� ����r��y in��r��� grante� C�� tl�is ���d �f Tru�t rn�y 1�� �bt�in�� {���[� �s r��uir�� by �h� �lnsform
<br /> �am��r�ia! ���1�� �r����t�t��i�n t�i�fir�t�����f�hi� a���J ��r�`ru�t.
<br /> ��RTHER A��URAN���+ ATT�R���-I�I-FA�T. T}�e f�l��v�rir�� pr�vi�i�n� r�l���n� t� f��rkl��r ���ur�n��� and
<br /> ��t�rn��-i�-f��t�r�� ����f tt�is ���d�f�r�a�t:
<br /> ��,rth�r A�su�r�rr��s. At�r�y tim�r �r�r� �rr�m �im� �� ��m�� upan r�qu�st �f L�r���rr Trust�r vtirill m�k�t �����at� an�
<br /> �[��i��r, �r v�iil ���s��� be r���t�, ������ed ����li�rered, t� L�nc[�r�r t� ��n�l�r'�d��i�n��, a nd wh�� r��u�st�d �y
<br /> .. L�nd�r, ���s� t� b� fil��r re�ar���ir r��i[��r �r �-�r�car���r �� fih� c��� ���r 1��� �t �uct� ti�es arr�i �n �u�h affi���
<br /> a r�� p[���s �s Len�J�r m ay d��rrt ������ri���� art� �nd a l� ���� m�r�����s r ���d� �f tru��, ���uraty d����r ���uri�r
<br /> ��r��rtt�r�t�� �ri�ar��in� �t�'t�m�nt�, ���r�i�u��i�n �ta�t�men�s� ir�s�rurr��r��s �f ��arth�r ��s�r�n��, ��r�ifi�����, �n�l
<br /> �th�r�]���r��r��� a� rn��r, ir���t���[� ��ini�� �f L�nd�r, b� r����s��r�r�r���i���[� in �rd�r t� ��f���u�t�, ����l�t�,
<br /> ��rf��ti ��1��ETll.[�r �� p��s�r�r� {�I} Trust�r'� a�li��ti�r�� ur���r tf�� N��e, thi� a�e� �f Tr�,��r �n� �i�� R�s���d
<br /> a���,m����, ar�� {�} t}�� I i�r�s ��r� s���rity i r�t�r��t� �r����� �y thi� �eed Q�Trus� �s first �r�� �ri�r Ii�rr� ��t�i�
<br /> �r�p�rty� v�h�tl���' n�vtir ��ned ar C��r�a��r ���uir�d b�+Tru�t�r. IJnE�ss �r�[�iE�i���l by lav� ar L�n��r agr��s fio th�
<br /> �or��rary ir� v�rrit�r��� �rr����r �h�If r��mE��rs� L�r�der �or atl ���t� �r�� �������� i r����r�� in ��n����i�n v�ri�h �he
<br /> ma�t�r� �-�������ta �n thi� ��r��r�ph,.
<br /> l�tt�r�,����rr-F��t. I f Ti rr��t�r f�ils t� �i� �r��r❑f th� thing� r���rr��€ t� i r,th� �r��e��n� p�r��r�ph, L�n��r rr���r �a �a
<br /> f�r �n�i in �h� n�m� ��F Trust�� �r�d �#Tru�t�r"� ���en��, F�r ���f� purp���sr Ttust�r ��r�E��r irr�v���bl�r a�p�Er��s
<br /> L�r��]�r��Tru��ar'� �t��rn��-�r�-f�����f�he pu��a���f r��l�i r��, ����utirr�f ��[�v�ri n�r �ri1 in�, r���r�in�� �n� d�ir�� �l l
<br /> ��her things a� rr��� �� r������ar� �r ��sir��l�r i� L�nr��r's �aE� �p�n��nr t� ����rrt�Ci�I� ��t� matt�rs r���rr�� t� in
<br /> th� �r����l�n� �ar��r��l�.
<br /> Fl�LL �ERF�F��VIAN�E. lf Trust�r ���r� a�l #i�� Ind�bt��n��s r in����!i�� vtiri�ho�� I�m it�t�ar� �11 fu�ur� ���r�����, �rtirh�n ���r
<br /> �r�d �rt�r�rv�ri�� �erf�r�� �ll th� ���i��#i�n� i�pas�d u��� Tru��ar �r�d�r �ti-�i� ���� �f �r���, ��n�i�r �hal l ����ut� �r��
<br /> �1�[iv�r �� ��ust�� � r��u��t f�r fu[i r��anv�y�n�e an� sh�31 �x����� �nd �i�l iv�r t� �rr��t�r s�it��1� st�t�m�n�� �f
<br /> ��rr�irr�ti�r, �f an�r �in�r��i�� ��a��m�r�t �r� fiil� �vi��r��ing L��d�r's ����rity fC1t�r���t in �h� ��r��� ��d �t�� ��rs�n�]
<br /> l�r�perty. �ny r���r�v�y�r���f��r��uir�d ��f�w sh��l be paid by T�us��r, i���rrr�itt�r� �y a�pli�a�[� I��nr,
<br /> EllE[�T� �F �EFA�LT� ���h ����� �a I�ov�ri r�g, �t L�r�d��r'� �pti�n, sh�El ����t�t�t� �n E��n��f ����ul�t u r��J�r tl�i� ���d
<br /> �f Ti rU�t:
<br /> �ay��rr���f�u1t. T�u���r f�il��� m�l���ny p�ym�n��rh�r�d�� �s���r th� �n�#�bt�dn�ss.
<br /> �th�r ��f����s� Tr���ar f�il� t� c���i� v�itf� �r t� ��rf�rm ��y �th�f ��rm, o�[igati�r�r ��v�r��r�� �r ��r��itian
<br /> ��ntain�d ir� tl��� ��ed �� Tr��t �r in �ny �f the 1��l�te� ���u rr��r�ts �r t� ��m�1� v�r ith �r �� p�r�r�rm a r�y termr
<br /> ��[i��#i�n, ����n�rt�����ndit��r� ��r�t�i r��d i t� �r�y�th���.�r��m�n�b��vveen Le���r a nd Trus�k�r.
<br /> Cam�aliaa�c� ��f�r�[t. F�il ur� t� ��m�[y wi�h �n►� ��her t�rm, a bl i��ti�r�, ��r��r���t �r �€�n�itE�� �����Er��r� in �hEs
<br /> a����f Tr���r �f�� �l�t� ar in�ny�f th� F{�l�t�d D���r��r�t�.
<br /> aefault�� ��h�r�����r�t�. F�i��r��f T��st�r wi#hin�h���m� r��ui���] t�y fhi� ���d �f Tru�t t� m�k��ny��ym�r��
<br /> fa�ta�€�� �r ins�r�n��r ar�ny��ther��yr��r�t r����s��ry t� p��v�r��filRr�� ���r���ff��t�i���arg����r�y li�ri�
<br /> a�fa�l�irt Fa�ror of��ir�l p�rti��, ���u9d �r�nt�r �l�f�ul� ����r �ny Ca�n� e��ensi�r� �f �r�ditr s��urity �g���m�nt�
<br /> ��tr�F��s� �r ��l�s ��r��m�n�r �r�ny atFr�r ��r��m�r�t� i t� f�v�r �f�r���tl��r ��'��1 i�t�r �r ��r��n t[�at ��y rr����ri��I�
<br /> af��c� any �f �r��t�r'� �r�p�rty �r �r�nt�r'� ��i�i�y �� r�pay t1�� 1nd�����r��s� �r �rar�t�r'� ��ility �� p�r��rm
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