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<br /> ��E� �F TF�I��T
<br /> L��n �11�* '����i���� ����tinu��} P�g� �
<br /> r��E�c� th� �ar����� �r ��str���� ]�pr�v�men�� ir� � rrt�n��r- s��i�#��-k�ry to L�r,��r. L�r,d�r �1��][� ���n
<br /> s�ti�f����ry prQ�f �f $u�h e�€��r�ditu r�� pay �r r�irr�b�rs� �i r�st�r �r�m th� �r����d� f�r th� r�a��na bl� ��st ��
<br /> r�p�ir �r r���ar��i�r, i� Tru�t�r is n�# i� ���a�[# un��r t]�is ���� ��F Tru�t. Ar�}� pr�����fs v�rl���h ha�r� r��t E���r�
<br /> �isb�r�e� vvE�hin ��� d�y� ���r tl�eir r���ipt �r�d v�[�i�h L�n��r h�s r,�t ��me�-�it��d #� �h� r�pair �� r�st�r�ti�n ��
<br /> th� �r�p�rty s h�l I �� us��] f�r��t� p��r �ny�m��n� �wi n�t� ����1��' urrd��tl�i� ����I �fi Tru�t, tl��n t� ��y���ru�d
<br /> in#�r�s�f �r�� tl�� r�rr��ir�der, t� ar�y, �ha�l �� �p�li�� t� the p��n�ip�l b�lan�� �#th� ln���t��n��s. �� L�r�d�r h���s
<br /> any pr����d� �ft�r p�ym�r�� in f��l �f #h� 1 n��bt��n���� s��h �r�����C� s I��I I �� ��i� t� Tru�t�r as Tru�t��r'�
<br /> in��r��#$ rri�y��p��r.
<br /> ��rn�li�.n�� witl� E�€i�tin� [nr[�l�t��n���, �u��n� -tf�� p�ri�d i� �nrhi�F� �r��{ ��i���n� [n���a���n��� ����ri��� b�l�u�r i�
<br /> Er� �ff��tr ��mp�i�n�� vtiri�� �h� in�ur�r��� �r��i���r�s ��n��ir,�d i� th� ir,strum�nt �v���n�in� �u�}� ��i�trn�
<br /> 1r����t�dr���s �h��l ��n�titu�� ��m�li�n�� v�r�th th� ir�s�ran�� pr�vi�«r�� ����r �hi� �e��[ �f �'r�s�r �� �F�� ����n�
<br /> ��rt�p�i an�� �,tiri�h th� t��ms ���hi� ���� ��Tru�t �nr�u�d ��r�stit�te � �u�f���tia� �f i�ts ur�n�� r��ui r�m�nt. ]f an�
<br /> �r����ds fr�m �h� i���ran�� ����m� �ayaf�l� �n I���, th� pr�visi�n� in �his ���r� �f T�-�St f���Civisi�r����r�����ls
<br /> s1�a11 a�p1y�nCy���h����r�ki�r����Y�� pr������r��t�ay��1�t�the [��ld�r��t�i� E�isti�� lnd��t��r��ss.
<br /> �.E��EF�'� EXPEND[T[�F���. ]f Tru��ar �rail� �A� t� l���p th� Pr�p�rty �r�� �� �E1 �a�c��r li�r�sr ����rity int�r��t�r
<br /> �rt�urr�br�n���r ��� �t�r�r �I�ims r �g} t� �r�r�i�� �r�y r��ui r��] ir�s ur�n�� �� tl�� Pr���rty� ��} t� m�l�� r��ai rs �a th�
<br /> Pr�pert�r �r t� ��rnply v�rit� �r,y �bli�����r� ta mair��ain E�istin� ln���t��n��s in ���d �t���in� �s r���ir��i belQw, th�n
<br /> L�r���r t�ay �1� S�. If �ny ���i�� �r �r�c���ir�� i� ��rr,rr��n���t th at wa�f� rn a��ri�l�y �ff��t L�n��r'� i�t��f�sts ir� th�
<br /> Pr���rty, th�n L�n��r �n �rust�r'� ��h�Ef m ay, �r�t i� n�# r��ui r�� tQ r t�I�� a ny ��ti�r� #h�� L�n��r ��Ci�v�s �� ��
<br /> ��pr�pri��� �� �r���ct L�r���r'� i�fier�sts, AE1 ��cp�r,s�s ir,�urr�� �r p�i� by L�n��r �r�r su�[� pu�p���s �rv�ll th�� b��r
<br /> int�r��t at �h� ra�� �h�r���i un��r th� N�t� �r�m �h� d�t� in�urr�� �r ��Ed �y L��d�r �� tl�� d�t� ��f r����rrr���t �y
<br /> '�rust�r. AI[ �u�I� ��p�r�s�� v�ri f I ����rn� a p�� ��th� I n���-t��n��s �r�d, �t L�n�i�r'� �pti�n r �nri[i {�1� b� p�y�b�� �n
<br /> d�m�r�d; ��� Ia� ��t��� ta #h� b��an�� �� t�i� N��� �r�� �� ����rti�r��d �m�r�� ar�� b� p����[� �rtirith �ny ir�st�llm�nt
<br /> ���rrrt�rr�s t� ����m� d u� �ur�n� �i-th�r {�} th�t�rm �f a ny applE���l� in��r�n�� p�li�y f �r ��} �h� r�rr��ir�i�� t�rrrt ��
<br /> th� f����r �r ��� �� �r����� �� � l��l f��r� ���+r��nt v�rhi cl� vvi I] �� du� ��� �ayabE� at the N�t�'� m�tufity. Th� ����1 ��
<br /> Trust �1�� v�ri�I ����r� ��ym�nt af�h��� �m��nt�. "Ch� ri�h�s �r�vid�d f�r ir� tC�is ��r��r��i� sl��l[ �� ir� �d�itE�rt �� ar��r
<br /> ��t�n�r ri�h�� �r �r��r r�rr��c[i�s t� v�rh i�� L�r,d�r �a�r b� �rttEtl�� �n a����nt �f �ny �l���u[�. Any �r��� ���i�n �y ��n+��r
<br /> sh��ll n������r��tru�cl �� ��tr�n�th� ��f��[�����t� ��r L�r�d�r�r�m �r��r r�m��iy tf���it��h��nri��vw���� h��e ha�.
<br /> VwAF�F�A 11[T�r a���r1l�E��Ti ITL�. TI��f�[]��nrir�� �r�vi�i�n� r���tin����vv��rs�i���th� P���er�a r�� �a�rx���hi� I����
<br /> ��Tru�t:
<br /> Ti itl�. Tr��t�r vtir�rr�nts �h�t: ��� Tru�t�r l��E�is ����i �nd rnark�t�b�� titl� �f r���r�] t� �h� �r�p�rty �n f�� sim�l�r
<br /> fr�� �r,� �l�ar �f �1[ I i�r,s �nd ���um t������s �#h�� t3��n #h�s� s��#�rt� i�r tl�� F��a�l �r���r�ty ��s�ri��i�n �r in �h�
<br /> E�i��i n� [n��}��������s��#E�� b�E�v�r �r ir� arty t=tl� �r,s uran�� p�li�y, titl� r�p�rt f �r fin�� ti#1���in iv n is���+� in f�v�r
<br /> �f� �r�d �����t�d �y, L�r,d�� i� ��nr��c�i�n v�ritf� tF�i� ����i �f�rust, a r,d ��) Tru�#�r [��s th� f�[� ri�ht f ��YY G�f and
<br /> a�ath�r�t�r�����c�t��nd d�li�r�r tl�i� a�����Tru�t�a L�n��r.
<br /> �efertse �� Titi�. �u����t t� th� �����ti�n in tF�� �ara�r�ph ���v�� Tr����r w�rr�r�t� �r,� �ri�l f�r���r d�f��d th�
<br /> #itl� ��th� Pr���rt� ���in��tC�� l�vrrf�i �l�irr,s �f aE] ��rs�n�. 1� th� �v�nt�ny ��ti�n �r pr�����[�n� �s ��rr�rn�n�e�
<br /> �h���u��ti�r�s Trust�r`s titl��r tf�e in��r��t��Tru���� �� L�n���r�n+��r�his ���� �f Trt����Trust�r���I1 ��f���th�
<br /> a�ti�n �t Trustar`� ��p�r�s�. �r��tvr m��r f�� tl�� ��rr��r��l ��rty in su�h �r�����in�� �ut L�n��r �hafl �� �nti�l��f ��
<br /> p��t��i p��� i� ��� ������din� �nd t� b� r��r�s�nt�� i n �h� pra����in� f�y c�un��l �� L�r�d�r`� �wr� �h�i��r an�
<br /> Tru�t�r vtir i[1 ��f�v�rr �r ��us��� �� ��Civ�r��, �� L�r�d�r s��h in�tr�m�r��s �s L�nd�r m�y re�r���t fr�m �im�t��i m�
<br /> t� p�rmit su�h��rti�a��tior��
<br /> ��m�li�rr�� Vlfith �aw�. Tr����r v��rr�n�s tF��t th� �r���r�r �rr�i �i rr��t�r"� ��� �� t�� Pro��rty ��m�[i�� wi�l� �CI
<br /> �xis�ing �p�li���l� I��nr�, �rdin�r,��sr an€� re�ul��i�r�s ��r����r�nm�n��l �u�h�riti��.
<br /> ��rviv�[ �f €�rt�rr�i��s. AI[ �r��is��, a�r��m�nt�� �nr� ��a#em�r�t� Trust�r ��� m��� in ��i� D��d �f �r��t s�afl
<br /> ��rviv��h� �����t�Qr� �n� d�liv�r�r�f��t€s a��d �f�rr��t, �h��l �� ��nt�n�i�� �n n�t�r� �nd s1��ll r�rr��ir� in �rull �ar��
<br /> �r�d�ff��t�t�ti[�u�h tirn� as T�ust�r's #n���t��Cn�s�is ��id ir��ull�
<br /> E�I�T[l�l� I N�E�T�a�E��. T�t�f�l[��+rir�� �r�vi�i an���r���rnin� E�ci�tin� �n�[�b���ln��s�r� a ��rt��#1��� a��� af Tru�t:
<br /> �istin� Lien. T1�� [i�r� �� th�i� I7��� a� Trust ����r'rn� �h� Ir�d��t��r��s� m�y b� �e��nd�ry �n� in��ri�r t� an
<br /> ��i�ti n� 1 i�r�. Tr��t�r ���r�ss��r c�v���r�ts �r�� agr��� t� p�y� �r��� t� th� p��rn�n��f, ��� E���ti r,� [r,d��t�d�r���
<br /> ��d t� �r�v�r��arty d��a ul�an s�ch i n��b���r��s�, �ny��f�u[t u��l�r tl�� �r��tr�m�r��s �vi��n��n��u�h in��bt��n���{
<br /> �r a n�d�f��l�k�n��r�r�y���urit�c����tm�r,ts f�r���h i r�d��tedn��s.
<br /> lV� I�la�[i����ti�n. Tr��t�r sha[1 n�t �nt�r int� �ny ��r��rn�r�t �rv�tl� th� h�l��r �f �ny rn��t�a��, ��e� �� �r���, �r
<br /> �th�� ���urity a����me�� �v hi�� E��s �ri�ri�r �v�r thi� D�ed ��r Tr��t �y wi�i�h� �Fr�t a�r��rr��r�t i� m�d if��d r
<br /> �m���l�d� ��€t�n�€�d, �r r�r,�w�d v�ath��� �h� pri�r wri�k�� c�r�s�r�t �f L�r�d�r. Trus-t�r �h�ll n�if��r r������ n�r
<br /> �����t any��tur���v�n�����d�r�r��r s��h���ur��r a�r��rr��nt v�rithQ u��h� �ri�r�rrit��r, �ar�s����f L�nd�r.
<br /> ��11��E�1lI11�A�`I�N. TF��f�l[�vtirir�� pr�vi�i an� r�l a��n�t� ��n��mn��i�r� �r����dir��s�r�� pae��f tFr is D��d �f Trr��t:
<br /> �r�����in�s. I# �ny pr�����ing i� �ond�rr�n�ti�r� is #il��r Trust�r �F��I! �r�mp�[� n�tify L�nd�r in writir��r �t��€
<br /> Tr����r �hal� p r�rr7�t[y t��� �t��f� �t��� �� ��� �� ������ary t� d�#��� th� ��ti�r� an� ��t�i n �h� �w�r�. Tr�st�r
<br /> ��� ��t�ie n�m�n�l p�rt�an su�h pro���+�i�tg r �u�L�n��r�h�ll ���ntifi����� p�r�i�i�ate i r��h��r�����ir�� artd t� �e
<br /> r��r���nte� ir� �h� pr�����ir�� �y ���n��l �� its �wn ��ai��, �nd Tru���r v+�ill d�[i�r�r �r �au�� t� �� �f�li��red t�
<br /> L�r���� su�h instrram��t�s �n� �a�um�nt�ti�r� �� rr��y b� r�qu��t�� ��r �.�n��r frQm �ime �� tirr�� t� ��r�r,i� ����i
<br /> ��r�i�i�a#i�n.
<br /> Ap�li�ativn ��N��Pr����cl�. If al! �r �ny part a���� �r�p��#� ts ��t��femne� k���mir��nt�f���in �r��eedin�s ��l��r
<br /> �rty pr�c���in� �r p�rchas� in li�u�f��r��]�mn�ti�r�r �..�n���may at it�eCe�ti�n ��quEr��l��t��I �r�ny p�rti�n ��th�
<br /> n�� pr����ds �f t�� awa r�] b� a��[i�� �� t�� I nd��t��r���s �r ��� r�p�ir �r r����r��i�� af th� f�ra��rt�r. TF�� r��t
<br /> �r������ �f�h� awar� �E���1 r��ar�tt�� �vtir�rd �ft�r ���rm�n� ��a[! r�as�n�}�!� ��st�� ��cp��s��, ��d �tt�rn��r�' ��e�
<br /> in�urr�d ��Trt�st���r Len��r in ��nn�ctia n �r i��t}����r��f�m r��ti�t�.
<br /> 11�[���[T���] �F TA�ES r FE�� AND �HA�►�E� �Y ��1�ER N I��NT�4 L Al3TH�Fi17C�S� Th� ��l[�wi�� �r�vi�i�n� r�l�ti�,�
<br /> t���v�rn mer��al���€�s, �r��s �r�d �h�r��s�r� � ��r�a�this �e�d af T��st:
<br /> ��rr�n� T��c��� F��� �n� ���r��s. �p�n req u��t �y L�t�d�rr Tr�a�t�r sh��l ����uxe s uch d��urn��ts ir� �d�iiti�r� t�
<br /> t[�i� ����i ��Tru�t ar�d t�k� �[����v�r��h�r ���a�n is ���ue�t�d �y ��r���r t� ��rf��t �n� ��n�ir+�� L�n�f�rr� [i�n a n
<br /> t�� €���[ �r����ty. Tr����r s hal[ r�im�ur�� ��r���r f�r �I E ��t�c�sr �s �e�cri f�ed below, t���tl��r v�rith �I I ��p�n���
<br /> in��rr�d ir� r���r�ir��� ���-F��tin� �r ��n�inuin� �1�i� ����€ �f �r��tr �n�lr��in� �i����� iirr�ita�i�n a[� t���sr f��s,
<br /> ����arn�nt�n��t�m�s� and ��h���C��r���f�r re��r�in� �r r��i�t�ri ng��r i� ����i�f�t`�tst�
<br /> Tax�s. T[�� f��l��rvir�� �h�I� ��n��it��e �a�ces ta v�hi�l� �f�i� ����i�n ��pfi��: {�} � spec��i� ta�€ u���t ��i� ��0� �f
<br /> ����I �f Tr�s� �r u�an ��1 �� �r�y ���t �f t�� [n�i�bt��lne�� secur�� I�y�1��� a��+� ��Tr�a�t; {�� � s���i�i� ta�c an
<br /> �i ru�t�r vtirL�i�l�Tru�t��i� ��tl��riz��i ar�equired t� �l�du�t fr�m ��ymer��� �r��h� l�def�t��n�ss s��ur�� by t}�is t�r��
<br /> �f a���l ��r Trust� {�} a t���r�tf�i�ty�� �f ����€ �f Tru�t�h�rg��t�[� ���ir���th� L�n�l�r�r��� h�lr��r a�r th� IV��t�;
<br /> an�i �4� � ��e�ifi� ��.��n �[1 ar�n� ��rti�r� �f t�i� ]�r��f�t��n��s �r �n p�y�ent� �� pri��ip�i �r�d in�er��t m�d� b�
<br /> Trr����r.
<br /> SU�����er�t T�.�c��. If �ny ta� �� �hi�h tC�i� ���ti�r� a�plres is �na�t�� ��b���uent to �h� +��t� �f �i�i� a��� �f
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