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<br /> �EE� �F TF��]�T
<br /> �.��� N�: �7����1?�� ���r���nued} �a�� �
<br /> ��rr�ur�rr� a�Tr����r'� pr�p��ty in �vhi�h �L�r�r��r 1��� � [i�r,. Th�s �n�l���� takir�� ��� ��rr�i�F�i�� ��f �� l��yin� �n
<br /> ��rr�w�r's �r Trusfi�r's ����ur��s w�-th L�r�d�r. H�v�r�v�r, i���rr�w���r Tru���r�i����es ir�������ith�nrh�t}��r th�
<br /> �[�irrt �n �rtir}�i�h t�� t�ki�� �f th� pr�p�r-ky i� i��s�� i� v��i� �r r����nab I�, �r�d if ��rr�vv�r �r Tr��t�r �i��s ��r+���
<br /> wri��n n��i���f t�� �iairr� �r�� ��rr,i�h�s L�nci�r v�ith m�ni�s�r�s�r��y i�qnd ��tfsf����t�r t� L���l�r t� ���i��th�
<br /> �[�ir�rt,tF��n thi���f�ul��r��ri��Qr-i v�il[ n�����1�.
<br /> Br���[� ���th�r�►�r�em�rrt. An�}�t'���I� }�y E���r�vwr�r�r T�u����r�r�d�r th�t�rrr�����n���C��r��r�e��n� k����rtir���
<br /> B�rr�v�r�r �r Tr����r and L�n�i�r �h�t is n�t r�m��i�� vtiri�C�i� ��y g ra�e p�ri�� pr�vi��� t[��r�i r�, in�Cu�i ng v�rith�u�
<br /> [imitati�n ��y ��r��rn�n# ��r�c�rr��r�� �n�r in��bt��n��� �r �t�ter ��li�a�i�� �� ��rr��r�r �r Trus��� t� L�r���r�
<br /> �r�rl��tl��r��i�ti r,g n��rtir �r l�t�r.
<br /> Ev�� �ff���in� �raarantor. Ar�y �f tF�� �r���dina� �v�nts a��urs �rvi�� r�p��t t� �r�����r�n��r, �n�iQr��rF sur��y{
<br /> �r ����mrr����tian p�rt� ��F �r�y ���h� ]�+��k�t��in�ss �r �ny gu�r�rt��r, �r�d�r��r� �ur�tyl �r a���rnm�d�t�or� par�y
<br /> �i�s �r b��Qm�s ir�c�rr���t�r��� �r r�v�Ec�s �r �isput�s th� vali�ity �fr Q� li�bili#�r �n��rr �r��r ���r�r��► �� #i��
<br /> Ir�d��t�dr,���.
<br /> fn���urity. ��n�Ier in����1 f��tl� f��li���� it��lf i�s��ure.
<br /> I�ight t� �ur�. If�n�d���ul�r �th�r th�n � �i�f��lt �n ���m�n�i$ �ur�f�f� �n�l i��ru�t�r ��� r������r��i�en � r�a�i��
<br /> ��a br���l��f�h���m��r�visi�r��f tf�i� ���d��Ttust v�rithin th� �r�cedin�tvxr�[v� {��} m�r��h�r i�m�����ur��l i�
<br /> Tru�tar, �ft�r L�r�d�r ��n�� v�r��t�n nvti�� �� B�rr�v��r ��rrr�r��ir,� �ur� �f �u�l� ���ault: {'I� �ur�� th� ��f�ul�
<br /> wit�rir��v�r�r��r {��} ��ys f �r (�� i��h� �ur� r�qr�ir�s m�r��h�r�tv�r��t� ���} ��y�r imm��i�t�ly i�iiti��k������5 �vf�i�i�
<br /> L�n��r d��m� in L��nd�rr� s�C� �is�r�t��� �� �� �uffi�i�r�t t� �ur� tl�� d�f�ul� an� tf��r����r ����ir�u�s ��d
<br /> ��mp[�����I! r��s�r��l�l��r�d n����s�ry�t��s�r�f�i���nt t� �r�c�u�� ��rt'tpli�n����s��n��r��s���f�ly����ti����
<br /> F�[�HT� AN� F�E�IEa�E� �N a�F��LT. If an Ev�n��# E��f�+��t���r��r� �nd�r�hi� ����i �f T'ru��� a��r��r tirr,�tl��r��ft�r,
<br /> T�ust���r L�nd�r may���r��s��n�r�n��r rr��r��f tl��f�l[�v�rin� ri�hts and r�m�die�:
<br /> A����eratian ll��r� �ef���t�A�ldi�i�n�� F��rr���i��. I�r�tny E�r�nt��D�f��1t ���+�r� �s ��r th�� ��r�� �f tF�� N�te
<br /> s��ure� I��r�by� ��n��r rn�y���I�r� �il Ir����t�cir��������r�d by�hi� ��ed ��Trus�t� b��u�an� pa���l��n�t
<br /> t����me sl��ll th�r�up�n b���m���a� ���] p�y�bi�wi#h�ut�ny�r�s�ritrry�r�tf ��rr��r�d� pr�t�s��r n�ti����r�n�r
<br /> l�ind. Th�r�af���, L�nd�r m�y:
<br /> {�} EitF��r i r, �a�rs�r� �� by �g���r Vlf f�� �r �nrith�u# b�i n��n� �r�y ���iQr� �r �r�c���ir��, �r t�y a r���i�r�r
<br /> �ppaint�d by a ��ur��n� u�ri�h���r���rd t�t�i� ��equ��y�f�t�s��uri�yt �nt�� �p�n an� ��1�� �����s�iQr�
<br /> �fi th� �ra��r�r� �r�r��r ��rt th�r�af, ir� it���rvr� n��� �r in th� n�me ��Truste�, �r�d �I� ar+����ts�rv I�i�[� i�
<br /> d��ms n�����ary�r d�i rabl��� �r�s�rv�tFi�v��u�r m�rk�t�b�l ity�r r�nt��i[i-ty��tl�� Pr���rtyr �r p�r���
<br /> th� �r�p�r�y �r iri�e��st i r� tl�� �r���r�r; i n�r���� tl�� a n��m� frQ�-n ��� �r���r�t��r �r��e�t th� ���uri� �f
<br /> th� l�r�p�rt�rl anc�r wit[� �r v�i�h�ut ��l�ir�� ����es�i�� �f �he t�r�p�rtyr �r�� #�r �r �#h�rwis� ��]C��t tF��
<br /> r�n�s, iss ue� �r��l pr�fit� ��th� Pr�p�rtyF in�[u�li n� ��r�s� ��s� du�� �r��l �r���i�i� �n�i ��pl�tf�� ��rne, ���s
<br /> ��st� an� ����n����f���r��ia��r�� ��Il��ti�r� a�arn�ys'f�e�,t��n�ir�d�i��e�n���s���ar��1 t�y�l�is ����
<br /> ��F Tru��r a!1 ir� s��h �rd�r a� L�n��r m�y ��t�rmine. Th� ��t�ring ���r� ��� ��l��n� p�s��ssi�n �# tf��
<br /> l�r�p�rtyr �h� ��l[��tiv n �f �ucF�, r�r�t�, is��es an� pr��it�, an� tF�� appl i��t�Qr� �h�r��f ��r�ll �,�t �ur� �r
<br /> �r�iv� �ny d�f�u�t�r r���i�� �����aul� ����r�his ���� �f Trust ar ir�valid�t� any a�t ��n� ir� r��p�n��tQ
<br /> s u�h ��#a��t�r��r��,�n�t�s u�l� n�ti���f d�f�ultr a��, n�t�i�h�#�n�i r���h� ��ntinu���� ir� ��ss���i�r��f
<br /> �i�� �ra��rt�r �r th� c�l[��ti�n, r���i�� �n� ���l�c�t��� �� r���sr i�su�� �r pro�it�, Tru�t�� �r L�r��er �h�li
<br /> Ia� �n#it[�� t� ��€�rc�s� ��r�r� ri�ht pr�vi��d ��r in th� N�t� �r th� l��l���� ���u��r�t� �r �y �a�nr �p�n t[��
<br /> a��ur�-�n���f a�y�v�nt�������l�� i n�l ud i��t��ri�ht t���r�i��th�p�v�r�r�f�al er
<br /> �b� ��rr�m�n�� �r� ��ti�r�t�f�r��l����hi� D��d ��T������� m�r�#��g�r ����i��� r���i�r�r ar�p��if��lly
<br /> �rtf�r���r��r a��h� ��v�n�n��h�r��#; �r��
<br /> ��) D�fiv�r t�Yr������v�rritt�r� d����r�tE�n��d�f�ult�r�d �i�m�n���r s�l��nd �w�i���r��ti���f d���uft
<br /> ��d �[��tior��� ��us�Tru�t�r'�ir�t�r�st in�h� �r���rtr,r t� b���Idr �nrE���h �ati��Tru�t���ha[! �a���to b�
<br /> ��ly fil��[��r r��Qr� ir��i�����r�prr����f-����s��t�� ��u�ty in whi�h�h� �r���r#y f� I���t�di �nd
<br /> ��} �I1lit}� r������t� a11 �r any�a r�v�t�� 1��r��n�[ �r���r�t�rf L�nd�r�h�][ h�v� �I�th� ri�ht� an� r�m��i��
<br /> ��a����ar��[ p�r�y�n�1�r tl�� N�[�r��k��Jnifa�m ��mm�r�i�[ ����.
<br /> ��r������r� by���v�r af��le. ��L�n��r�l�cts t� f�r��l�s� b���€�rcis� �f tE�� ���v�r�f S�l�h�r�in ��n��in��[r
<br /> L�r,d�r �[��[1 n�ti�y�r�r�t�� an� ��r�[I ����sit with Tru�t�� this f�ee� �f Tr�a�� an� ��r� �Q�� �r�ci �u�Fi r���i�ts
<br /> �r�d ��id�����f�x��r��litur�� r���� and����ar�d k��►�his �e�� �#Tru�t�s Tru�t�� may r��uir�.
<br /> �a�) U��r� �'���i��a����� n�ti��fr�m L�nd�r����st�� ���[] �����t� �� r���rd��� pu�li���d �r�� d�liv�r�d
<br /> ta Tru����s u�h 1�C�ti�� �� a���ul���� N�ti�� ����1� as �h�r� r���i r�� by ]�w ��d ��thi� ���d ��Tru�t.
<br /> Trust�� s�i�l[r v�rith�ut d�mar�� �n 7"r���Qr� �##�r su��F� �im� a� rrE��r th�n b� r��uir�� �� i�w �nd ��k�r
<br /> r��ar�a�i�n �f s��l� N��i�� ��r a�f�ult an� a�t�r 1�ati�� ����1� ��vin� b��r� gr��n �s r�q�i��� by I�v�rr ��1[
<br /> tF�� Pr�p�rty a� th� tim� �n� p���� �f ��1� �i��d E�� it in su�h 1���i�� �� ��I�, ei�[��r �� a wF��l�� �r ir,
<br /> ���arat� [at� �r��r��l� �r it�m�a�Tr��-��e�ha�l �e�m e�€p�di�r�#f �r�d it� ���f� �r�t�r 2�� it m�y c����rmin�r
<br /> �t publi�� ��a�ti�n �� #h� hi����t bidd�r f�r���h ir� I��vf�[ m�n�y �f�he Ur��t�� ��a�e� ��y�i�[� �t th� �im�
<br /> �� saEe. Trust�� �1�al1 d�l���r t� ���[� p�r�ha�er ar ��rcl�a��r� t��re��f it� ���� �n� su�Fi�i�n�t deed or
<br /> ���ds ��n�r�yin� �h� �rop�rty s� s���f �u� v�rith�ut �ny ����n�n� �r v�arr�nty� ���r�s� �r impli�d. Th�
<br /> r��it�I� ir� s��� ���d �f �r�y m��t�r� �r �act� �k��II E�� ����[usiv� pr��f��r#h� #r�th�uin�s� tf��rea�. A�y
<br /> ��F��ilr i n����Er�� �r+f ithoUt�i mi��t��r�Trust�r,Tr���eet �r L�nd�r, m�y�ureF��s���s u�h�al�.
<br /> ��� �� may he �����L��U 11� ���r {���r� ��r���iL��� ��� �i�r�JL�r ���� Ci�� �������� �� I f����� ��� �� L���
<br /> Tru�x� irr�ludin� ���t��f�����r��� a��itl�ir����r���tia�v�rith��I�r Tr������haC� �ppEy tF������eed���s���
<br /> t� ��yment�f �i} �C�surr����cp����� r�n��r�[��t�rm����C�is �����f Tru�t�r un��r�h���err���f�he h�ote
<br /> r��t t�i�n r��aidr ir������n� b�fi n�t l�mit�d t� a��r���] [nfi�r��t �n� ��t� �f��rg�s, {ii} al] �tF��r surrt� th�r�
<br /> ����r�d h�r�b�, �r�d {i€i}th� r�rn�i n��r� i��r�y,t�t}�e �ers�r� a r�ers�n� I���l[y�nti�l���E��r��a.
<br /> ��) Tru�e� m�y in�h� rrianr��r pr�vid��l �y��w p��t������E��f�!I ❑r any��rti����t}�� �r�p�rty.
<br /> R�m��i�� N�� �����iv�. Trust�� �r��i L�r,d�r� �n� ���h �f �hem f sC��ll b� �r�t�tl�d t� �nf�r�� p�ym�r�� �nd
<br /> ��r��rm�n�� �f�r��i r�d��t�d�te���r�bl i�ati�n� ���ur��l �y tf�i� 1����f�f Tr��t�nr��� ���rci�� �!1 rig�i���r�d ���v�rs
<br /> u nd�r th i� ❑��� ��Tru�t f �nd�r tl�� lV��e, �ar�d�r �ny �f#he Related ��cur��r�t�, �r �n��r �ny �tF��r ��reerr��nt ar
<br /> any I a�rs r��� �r' h�r��f��r in �r�r��f r��tvv�th�t��d i��, s�m� �r a�I ��s��� in�l�f�ted ne�s �r�d �E�[i��t]��iS S��uf�� �]y
<br /> tf�i� a��� �f Tru�� r-r�ay n�w �r }�ere�ft�r Ia� �#h��wi5� ���uredr wf��tk��r by m�rt����, ���� �f tr��t� pl�dg�r li��f
<br /> as�i��rr��r�t �� at�ner�vi��. N�it��r t�� ����p��r��� �� tl�i� ���� �f Tru�t n�r i�� �r���rc�rn�r�tr v,r���h�� by ��urt
<br /> �����r� �r �ursu�r��t� tl�� ��v��r �f ���� �r �#her p�w�rs c�r�tair�ed i� t�ri� a���] ��Tr���, �hall pr�j��li�� �r ir� �r�y
<br /> r��r�r��r �f-���t Tr�st��'s Q� L��tder'� ri��tt t� r��li�� �r��r� �r �n��rc� an}r ��h�r ���t�ri�y r���v �r h����f��r he[d �y
<br /> �r�s����r L�n��rr i�k��i t�� ��r��d#h�t Tru�t��and Lend�r� a�rr� �a�h af th�r�� �h�l I b�er��itl�d���nf�r��t�i��e�d
<br /> ��Trust �r�d �ny ��h�r s��uri� n�w �r I��r����r I��1� by Len��r �r Trus��� ir� ���f� �r��r �nd m�nn�r �s tF1�1� DT
<br /> �ith�r �f tE��m rr��y ir� t�i�ir a���]�t� �i��r�ti�n d�t�rrr�ir��. N� rem��y ��nf�rr�� up�n ar r���rv�� t� Truste� ar
<br /> ����J�r, �� i nt�n��� �� �� excCusi�� �f�r�y �th�r r�m��y i n t[�i� ���d �f Tru�t�r by l�vwr �r������ ����rm itt��, b�at
<br /> �a�[� sh�lC �� �um�l�tiv� �n� �h�l1 f�� i n add itE�� t� �v�ry �tf��r ��m��ly ���en ir� tl�is ���� �f Tru�t �r n��rv ��
<br /> h�r�a��r������n� a�[avv��Er��qui�r�r I�y s��#���. Ev��y p��r�r�r��med��iv�rt k�y�h� �1����r�n�of th� E��l�t��
<br /> I�o�urr7�r�t� t� Tru�t�� �r L�n��r �r �� vtiri�t�h �ith�r �� th�m m�y �� �therwEs� �r�titl��, rr��y b� ��c�r�i���f
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