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<br /> ���� �� TF���T
<br /> L��r� 1V�: �I���I���� ���t�t�����I� F���� �
<br /> �ny s��i� ]��s; ��d ��� a�r����a in��mn i�, �l���c��r �n�l I��I�I h�rml��� L�nd�r ���i n���n�r �n�C ��l �I�i m�r I��S�s�
<br /> lia�aili�ki�sr c��m����, p�n���i�s{ �r�d �x��r���s vxrhi�h �.�n�f�r may dir����y ar ir�dir��tly���t�in�r�uff�r r����tin� �rr�m
<br /> � �r��cl� �f thi� s��ti�n �f��� ���� ��Tru�� �r �s � ��ns����n�� �# �r�y u��� ��n�r�ti�r�f rr�ar��,���ture� �t�r�g��
<br /> �i�����[{ r�[�����r�f�r��t�r���[ r�l�������urr�n� �ri�r t�T�us�t�r'���rvn�r�hip ar int�r�st Rn th� Pr�p�rtyr v�rh�th�r�r
<br /> r��t tl�� s a m� vva� �r �h��id h��r� ���n [�n�vtirn �� �r��tar. Th� �r�vz�i�r�s �t tk�i� s��ti�r, �f �h� ���d �� Tru��r
<br /> �n�l u�Eng����k�l ig�ti�r�t� ir�d�m�ify�r�d d�#�t��r �h�11 sur�ri�r�th�� ���rm�nt�f th� 1 ncf����dn��� a n��h��a�i��r��ti�n
<br /> �n� r���nv�y��t�� ��th� li�n Qf tC�is ���� ��Tr�€���r��l �i��ll ��t I�� �f�F��t��f k�y L�r��ler`� ���u�isiti�rt�f ar,�r ir�t�r��t
<br /> ir��t�� �����rt�rr �r�rh�th�r�y f�r��l�sur��r�th��v�ri��.
<br /> Ne�is�n��� V���t�. Trus��r s hai I n��k ��us�, ��n���t �r p�rmi� �r�y n�€sa n�� nQr ��m�-ni�r ��rmi�r �r �u���r �ny
<br /> stri�pi ng a� a r vv���� �r� �r t� tl�� Pr�p�rt� �r �r��r p�rti�rr �f t}�� Pr�per�y. I�Vi�h�u� li mit[n� th�� ��n�r�fity �f t�ie
<br /> f�re��rn�, Tr�st���r+fiil n�t r�m�v�r �r�r�r���� �r�y a��n�r par���he ri�h�t� r�m��e, an��imber, min�r-a!� {in�ludin�
<br /> ail �r�d gas�r �oa�� �l�y, s���i�, s�il� �rav�l �r���k�r��fu�t�v�r��h��t L�r,d��'s �ri�r vvri��n �an��nt.
<br /> R�rrti�r��l�fr lr�rpr�v�m�nt�. T���t�r�h��l n���i����i�� �r����v�any[mprov�men�� fram�he l�eal �'rap�rk�r w��h�u�
<br /> L���er's �ri�r�ritten ��n��nt. A� � ��r�d�tiar�t�tl�� r�r���r�l �f�r,y Im�r�v�rr��nt�r L�r���r rr��� r���i��Tr�st�r��
<br /> �r�,�[�� �rran��r��r��s ��tis�F��t�ry �� L�nr��r �� r�pla�� �u�h ln��ra��rr��n�� �ri�h l��r�v�m�r�t� ��# �t I��sfi �qu�l
<br /> v��ue.
<br /> L�r���r's F�i�t�t�� Er�t�r. L�nd�r �n� L�n�l�r'� ���n�� �n� r��r�s�r�����v�� m�y �n��� u��n �h� ���I Prap�r�� �� �[1
<br /> r�as�rrabf� �irr�e� �a �tfi�r�d �� L�r�d�rr� ir�t�r�st� �t�� t� ir�����t ��� R��� Pr��ert� f�r pur����� �f Tr�st�r's
<br /> ��r��li�rr��u�ith th���rms �n�f ��r��i�i�n����l�is ae�� o�Yru��.
<br /> ��r���iance wit� �averr�rr��r�t�l F����ir�m�r�ts. Trttst�r �h�ll �r��p�l� c�mply v�rith �11 l�v�r�, �r�linan���, an�
<br /> r����ati�ns, n��nr �r h�r��fk�r �n ef�e��, a� all g���rnrr��n��� auth�rities appli�abl� �� �he �se or a��up�r��y ofi the
<br /> �'���er�ty� Tr�st�r t����at�t�st i r� ���d f�itf� �r���u�h��v�r, �r�l�n�rt��r �r r���I a�i�n an�vwi�hh�E� ��rr��f i�n�� ��rin�
<br /> �n� pr�����fi ng, i r�cl uding a�pr��ri�t� �����ls, s� ���� �s Trust�r }��s r��tif i�d L�r�d�r i r� �rriti�� �ri�r t� �i�ir�� s�
<br /> �r�d�� I�n� �s, i n L�r��[�r"�s�I���i r�i�n f ��n�i�r's in�k�r���s in�h� Pr�p�r���r� n�������r�]i��c�_ L�n��r m�� r���ir�
<br /> Tru�tar t� post�d�qu�t�s���rrity����ur��}��r��r r���ar��l��y���i����t�ry t� L�r���rf t� �rat��t L�rt��r'� irrt�r��t.
<br /> ��t� �'r�t��t. Tru��ar �gr��� n�ith�f �� ��an��n �f I�av� un���nd�� t�� P��p�r�C�r. Tr���C�r ��a[I d� al[ �t��r
<br /> ���s� i n ad�i�iar�t��h�s���t�s����rtl� �E��v� ir��f���s���ti�r�r �rv f�i�f� fr��tl�� �h�ra cfi�r�r,� u�� �f tl�� Pr����y�r�
<br /> ���s�r��f�ly r�����s�ry t��r�t��t�r�� �r���r��#h� Pr�p�rty.
<br /> QIJ E�N ���L�--��N�ENT BY �El�[DEF�. L�r�d���ay f at L�r�d�r's �ptian� d��I�re sm m�d i�t�1y d�� and p�y�b�� �I I su m�
<br /> ���ur�d �y tf�i� ���� �f Tr�a�t���n t��s�l� �r�r�n��r�r, r�itF�����.�n��r'� pri�r v�r�it#�n ��ns�n#� �f�II �r�r����,t"��f th�
<br /> l��a� ]�rap�rtyr �r an� �nt�r�st in��� F���[ �r���rty. A "s�l� �r����sf�r" rr7��r��tl�� ������r�r��� �����I Pr���r�y�r�r,y
<br /> ri�h�r tit[� �r int�r��� i n �h� F���I �r�p�rtyr �heth�r E�ga[, ��n��i�i�I ar eq�i��bl�r v�rheti�er v�l un�tary a r inv�l un�ar�;
<br /> �r��tl��r b� �utri�ht ��I�, ����� i r,�ta Ilm�r�t �al� ����r��tr l�rr� ��n�ra�#� ��ntr��t f�r �i���, ���s�l��l� ir������t �it�-r �
<br /> �erm g�e���r fih�n t�r�� (�} �r��rs, [e�s�,��ti�r� ����rr�ct, �r �y��[�, ��s i�r,r��r�tr �r�r�risf�r ����y ��r��'�ici�l i r�t�r��t i r�
<br /> �r t� �n� I�n�i �r�s� ]��l�lin� ���I� �� �E�� R��I Pr���r�yr �r �� �ny ��f��r m��had af ��nv�y�r��� �f �n irr��r�st ir� �h� R��I
<br /> �rv��rt�r. I�-l�,r�r�v�rr tl�i� �p�i�r� st��ll r��t f�� ���r�is�� by L�r�d�r i� s��l� ���r�is� is �r�1�i�it�d �y f�d�r�E ��vv �r �y
<br /> N��r��I�� I�w.
<br /> fiA��� ��1� L1��1i�� T�� f��l��nr��g �ra�isi�ris r�l�ti r�� t� �I�� ����� �r�d I i��s �r� tl�� �ra��rt�r �r� ��rt �� tl�is a��� ��
<br /> Tr�st:
<br /> Paymerst. Yr�st�r�ha!I ��y�nrh�n �u� {�nd i n �I[��r�nt� �����t� d�l�nq u�n�y) �I l�����r �p��i�C�a�€�s, ���e��m�r��s r
<br /> �ha���� �o n�!udin� w at�r and s�v�r�r�r fi n�s an� i m��s i'��o�s I��ri�d ��ai r�st or�n ����un�k af t�� Pro�e���r� a r�d sha�I
<br /> pay whe� due afl claims ir�r �or€c �on� a� �r �Far se�vi�e� r�n��r��] �r m�t�ria� fu�nished ta �he Pr�pert�. �ru��ar
<br /> �h�l[ r��i�r��i�r�1-t� Pr���r-#�r fr���f�l! li�n� ���rir�� �ri�ri�}��v�r�r��u�����h� in��r����f L�r���r�r���r thi� ���� �f
<br /> Yru�t, �x���t ��r tC�� I i�r� �f ��x�s �r�� ��s�s�rrt�ri�s r��t ��� �r�� �xc��t �� ��E��rv���� pr�vi�l ed i� fih i� ��ed of
<br /> Tr���.
<br /> R���t t� ��nt�s�� Y�u��or rrta�r�vit�ha�d payrir��r��a�r�ny ta�€� a��e�sm�nt� ar �l�im in ��nn��tian v��th a �a€�d f�i�f�
<br /> �is�ut� �v�r tE���b[��ati�n t� ��yt�� [�n� �s L��n��r's in��r���in th� Fr�p�rty is r�at j��p�r�i��d. 1f� ]i�n ari��� or
<br /> i� fi[�d �� � r��ult �� n�r���y��r�t, T�us��r �[��I l wit[�i r� fiift��r� �'15� �i�ys �ft�r tl�� f i�r� �ri��s ar, if � I i�n ss fi[��J r
<br /> �rithin f�f���n {'l�} �I�y� �ft�r Tr����r h�� r,��i�� �f �h� filin�, s���r� tl�� �is��ar�� a�#h� li�r�r �r if r�����t�� f��r
<br /> L�nd�r, �l���sit wit[� Z�r���r��s��r��uffi�i�rtt�����r�t��ur�t�r b�r��] �r�tE��r s��u��ty s�ti�fa��ar�+�to Lender in �n
<br /> �m��nt��ffi�i�n�[�� r�is�h�rg���� lien plus �n�r �as�� �n� ����rn�ys' �e��, �r��h�r�h�r����h�t���I�l ���r�� �s �
<br /> res�!t���#�r�c I�sr�r� �r��I� �r���r th�]i�r�. ls-r ��ry��r�t�str �i rr��t�r�h�fl ��f�r�+� its�If�r�� L�r,d�r�r�� sl��I[s�����r
<br /> an��dv�rse judgme�t ���ar��n��«�m�r��a��in�t the �r�p�r�ty. Yrust��s�a[] name L�nder�� an�d�i�iarta! ��li���
<br /> urr�[ef�r,��ur�ty��n�f�rr�ished sn the��nt����r�����in��.
<br /> Eviden�� �� Paym�nt. Yrust�r�C��I[ up�n �l�m��� �urr�isC� t� L�n��r s�tis�F����ry evi��n�� �� p�ym��t a�r th� t��e�
<br /> ar�����sm�nt� �n� �h�f! ��th�ri�e th� ���r��ri�t� ��v�rr�r��r��a� �ffi�i�l �� d�f iv�r t� L�c��l�r �t�r,�r trr�� a w ritt�n
<br /> st�t�m�nfi a�t��t�x�� ��d �ss�ssr���,ts ���i�s�tl�� �r���rty.
<br /> �I�ti�� �f ��r��tru�����r. Tr�st�r s�i�l I r��t�f� L����r at l�a�t fift��n {��) �a�s b��F�r� �ny v�r�rl� i s ��rr���r����, ���r
<br /> ��rvi��s �r� �urni�h�d, �r an� mat�ri�ls a r� ��pp li�d ta the �ra p�rt�rr i�any mecFra ni�rs [i�r�r ma��ri��m�n's li�n, �r
<br /> �t��r Ir�� ��ul� �� ��s�rt�d �� ����unt �f tf�� w�rk, ��rvi���r �r m��e�i�l�. Tr��t�r v�ril[ u��n r�qu�s� �f L�rr€��r
<br /> �Urr�i�h �a L�nd�r ad��n�� a��uran��� sati�f�ctory t� Le���r t�nat Tru�tor �an �nd vrrill p�� the ���t �f su�h�
<br /> i��ra�r�rr��n��.
<br /> PR�PEF€�Y €��►I�A�E IN�URAN��. The fal��v+rin� p�avi�i�n� r�lati�� t� i�surirtg th� �r�p�rt� ar� a p�rt Q�fihis ���� a�
<br /> Tr��t.
<br /> tlllainten��nce af [n�uran��. Trus��r �h�l� pro��r� and m��nt��n po[icies �� �ire in�ur�r��� �rv�tl� ��tar�d�rd extended
<br /> ��v�ra�� �r�d�r��m�rrt� �n � r��l���m�nt ���is f�r �h� ��I[ ir��ura�[� u�l�� ��u�rin� ��I I�-r�pr�����r��� �r� t�� R��I
<br /> �ro��rty �r� �n �rr�ount �u��i�i�n� �� ��r�id ��plic�ti�n a� �rty ��insur�n�� �I�us�, �r��! �ritC� � st��td�rd m�rt��g��
<br /> ������ i r�#�v�r��F L�n�e�r ����th���ixh�r��h ��h�r h���r�l �n�l li�bil i�}��r,��r�n�� �s L�n�i�r m��r��s�n�b I� r�r��i r�.
<br /> �ali�ie� s�a�I 1�� �r rit��� ir� f��rr�, �rr��u�t�r ��v�r�g�s �r��i k��sis r'��s�r��1�Ey �����t�k�l� �� L�r�d�r �r�d is�u�d k�y �
<br /> ��m��ny �r ��m��ni�s r��s���bly �����t�bl� t� L�nr��r. Tr�s��r� �p�n r����s� �f L�n�i��-r v�ri 13 �l�l�v�r t� L�r��l��
<br /> �r�r� fii�� t� �irr��t�� ��IE�i�� �r ��r�ifi��t�� �f ir�sr�r�r��� ir� f�rrr� ��ti�f��t�ry t� L�t�d�r, i r��l udir�� sti�ul�ti��t� tl��t
<br /> ��v�r���s will n�t I�� ��n���l��i �r �lirninish�r� �rvith��t �t 1������n �'��� �f�ys �ri�r wri���n r���i�� �� L����r. ���h
<br /> ir�sur�r,c� p�li��r �l�� sl��ll ir�cl��� �r� �r��i�r��m�r,� pr��ri�iir,� t�i�t ��v�ra�� it� f���r�f L�r,d�r�r�l[ r��t b� i�n��ir�d
<br /> in �ny v�r��by�ny���, �mis�i�n �r r��f��l� ��Tru���r �r�ny��}��r p�r��n. �h�ul� �h� F���I Pr�p�r�y�� I�����r� in
<br /> �r� �r�� d��i�r��t�d by t�� Admir�i�tr�t�r �f tf�� F��[�t-�1 Errter��r�cy �i�rr���m�r,t A��n�y a� � �p��i�l fE��€� 1�a��rd
<br /> ar�ar Tr�s��r a�r��s t� abtain a�d maintain �ed�ral Fla�d Ir�s�ranc�f if �v�Elabl�r f�r ��� fU�l u�p�i� �rincipai
<br /> ��l�r��� �f��� I��n �n� ar�y�ri�r li�r�s�r�th� ���p�rty����ar�n�t�n� I�ar�� ���a�h� ma�irr-��m p�li��limit�s�t �r���r
<br /> th� N��tiartaE �E�ad Insur�n�� �r�g���� o� a� �th�rv�is� re�uir�� b� Ler�d�r, �n� t� ��int�in �u�h i��uran�� f�r tC��
<br /> t�rm�f th� l��n. �
<br /> A��Ii�atiQn��Pr�����s. Trusfi�r s��l! �r��ptly n��ify L�nd�r�f�ny I�ss �r�l�rr7��� t� tl�� �����rty. L�r��l�r m�y
<br /> m�k� pr��f �f 1��� if T�+�s't�r ��il� �Q �Q �� witl�i r� fift��n ���l ���s �f th� �as��Ety. 1fl���th�r �r n�t �.�r����'�
<br /> ���urity i� irr���ir��, ��r��i�r rrt�y� �� L�r���r's �]�c�i�r�, r������ a��� r�t�i�tl�� �r������ �f ��t� ir�s�r�r��� �r��{ ���l�r
<br /> �h� �,r����r�� �� �h� r�d���io r� �f th� 1 nd�l��edn�ssr p�yment of a�y �i en af�r����r�� th� Prap�rty� ar �h� re�tara�iar�
<br /> art� rep�ir ��th� �r���rt�r. [f L�n��r �l��t� t� ���ly th� �r�����s t� r��t�r�ti�n �n�i r���i�, Tr�st�r �h�[f r�p��r �r
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