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<br /> 1��E1� �F �"�l��T
<br /> �a�r� I��: ������ ����#i����l� ���� �
<br /> �h�lt ���r�t� �� � v��iv�r��r su�h ri�h-t�r�ny�th�r ri�h-t. A �rtir�i�er by L�nd�r�fi� pr�vi�i�n ��t�is €���� ��F Trust
<br /> �C�a l� nQt pr��u�ii�� �r c�ns�itut� � ��iv�r �f L�r���r'� ri�l�t �tk��r�r��� t� d�rr��r�d s�rict ��m�li�n�� r�r i�F� �h�t
<br /> �ra�risi�n �r �rty at[��r �r�v��i�n �f t�i� ���d �� Trust. f�� pri�r v�r�iv�r k�y �.�n��r, r��� �ny ��ur�� a�r d��lin�
<br /> l���vv��r� L�r�d�r �r�� Tru�t�r, sh�l l ��r�stitut� � �+raiv�� �f �r�y �� L�r���r'� rig�i�t� �r ��r �n� a�T��tst�r's �E�li�ati�r��
<br /> �� t� �n� fu��r� �r�n���ti���. 1�1�F��n���r�h� ��ns�n� Q� L�nr��r i$ r���ir��i �nr��r�hi� �e��[ �f Tru�'�, tl�� �r�n�in�
<br /> ��r �u�h ��r���nt E�y L��d�r ir� �r,y in���r��� �h�ll n�t ��n��itut� ��n��n�ir�g ��n��r�t t� su����u�r,t ir,star���� vvh�r�
<br /> s��h ��ns�n�is r��uir��l ar�d in ��1 ����s�u�����s�nt m�y f�e �r�n��� �r�ri�]�th�Cd in�h�s�l��Cis�r��ivn�f L�n��r.
<br /> ��v�r��ilit�. I� � ��urt �f ��rr���t�r�t�uris�i�ti�r, fin�s ��y �r��ris i�r, ��t�i� a�ed ��r Tru�t�t� �� i[I���I� i r��r�li�i� �r
<br /> un�nf�r���f�l� �� t� �ny �ir��m���n��F �h�� �in�[�n� sC��[] nvt rr���� �he �f��n�in� �r�vi�i�n ill���l, i�tv�liolr ��
<br /> �r��nf�r����l� �� t� �r�y at��r �ir��mst�n��. [f f���mbl�r th� �ff�r,d�n� provisi�n sh�ll b� ��r�si��r�d rr���ifi�d ��
<br /> t�at it b���m�s I���I, va[i� �r�� e���rc���[�.� �� #F�� �ff�n�Cin� �r��isi�n ��nr��t �� �� rr���i�fi��l, it �h�]l ��
<br /> ��r��i�i�r�d ��l�t�� fr�rn �his ���d �f Tr��t.� �rrl�ss ���n�r�rtiris� rec�uir�� �� l�vv, th� i�l���[ityr ir,v�lid�t�, �r
<br /> �n�nf�r����iEity�f�ny pr�vi�i�n Q��his ���+� Qf Tr��#�h�Jl n�t �ffe�t�he [���lity, v�li�it�r �r����r����ai�i�y�f�n�r
<br /> �t�i�r pr��ri�iar��f tl�is ���� �f Tru�t.
<br /> �u����s�r� an� A�si�r��, ���j��t t� �ny limi��ti�n� �t�t�� �n �hi� ����f ���"r��t �n �r��sf�r ��F�r�a�t�r'� i�t�r�str
<br /> �kF�i� ���d ��Trusfi �h�ll �� btr��ir�g u��n �rr€� [l'�1JC� t� �F]� E}�['���Cf �f �}'1$ parti��� tl�eir �u�������r� ar�� a��i�r��. �f
<br /> �v�rn�rsl�ip �f tf�� �r�p�rty����rra�� v�st�� in a p��rs�r� ����r�th�n"C'r��t�r, ��n��r, wi�hQu� n��i��tQ T������, �n�y
<br /> d��I u�rit[�Tru�t�r'�s u����s�r�v�rith r�f�r�n�e�a#h�� a��d of�r��t�r��th� �n��b�t��ness �y�r�y�f f�rb��r�r,�� ar
<br /> ��t�r��i�n wi�f���t r�C���ir��Tr�St�r f��r��h��E�Ci���i�n��f�hi� �����f Trus��r li��ili�y un��r�h� lnd�k�t��r����.
<br /> �im�i��f th�Es��r���. Tim� i� ���1����s�r����ir�fil�� ��r�r�rrrt�n����tF�is I���� �f Tru�t.
<br /> �ai�r� JUr�. r41� �arti�� ��thi� ���d �f Trus# h�r��y�rai��th� ri�h##� ar�y j�ry triai in any a�ti�n, pr����di��, �r
<br /> �aur�terc[aim k�rou���l�y�ny��r�y���i�st�r����F��r���`�y.
<br /> 1N���r�r �f H�m��t�a� E��m�ti�n. Tru�tar h�rehy r�l�as�� �r�d w�iv�s �ll ri�F�ts and b�n��it� �� t}�� h�m�st���
<br /> ���m pxi�n]�v�r� �f th� �t��e Q��l��r�$k� �s�� �11 Cr�d��t�d r���s secur��i ��r tF�is ���d �#Trus�.
<br /> ���1NIT[�II��. Th��F�31�v�r�r,� ca�i�aliz��] w�r�s ar��t�rm� �h�]I h�v�th,� �r�llav�rin� m��r�ir,g� v�h�n u��d i� this ���d c�f
<br /> Tr�st. �nl��� �p��i�i��l[y st����J �� t�t� �v n�r�ry, �ll�r�#���rt��s ta �[o�l�r arrto�n�s shall m�an arn�un�5 i n Ea�vfuC r�on�y
<br /> �f th� lJr�it�d �t�t�� �� A€r��r��a, 1�1��rds an� ��rms us�d �n th� �ir��u[�r ��tail in�lr��l� ��� pl�ar�l, �n� th� pl�ra[ �h�[1
<br /> in�lr��� �h� �in��rl�rr �s �h� ��r�t�� rr��� r��uir�. �I�rds ar�d t�rrrts r��t ��i��rwis� ��fir,�d �n t�E� ���d �f Tru�t �h��l
<br /> f��v�tl�� rr���r�i n���ttri br�t�d��su�h t�rm�in��e LJ ni��rm ��mm�r�E�l �Q��:
<br /> . 8�n�fi�i�r�r. Th��r�r� "��n��i�i�ry�' m��n� E�ui�a�[� �an�r �n�C it�s�cc��s�rs ��� as�i��s.
<br /> ��rrQw�r. Tl�� ��rd "��rr�vv�r" rr���r�s 1�lIEL1lIf� � �}�I��� �n� J�L1E 1�1 �R]E�� an� in�l�d�s a!1 �a-�i�n�r� �n�
<br /> ��-rr��l��r�s i�ni n�tl�� N�t� an� �ll th�i r�r����s��r��n� ���i�ns.
<br /> ���d �f Tr���. Th� v�r�r�,� "���d ��,Trust" rr���r� tk,i� I���� �f Tru�t �rr��i�g Tru��ar, L��r��r, �n� T�ust��r an�
<br /> tr��lr��i�s vvi��ut li�i�a�ion al! ��si�nrrrt�nt an� ���urity �n��r��t �r�vi�i�n� r����in� �� ��� ��rs�n�l �r���r�y ar,d
<br /> ��nt�. .
<br /> D�f��l�. T[��w�rd "����r�l�"�.��an��th� D�f��[#��t��rth i�n�}�i� ����i��T�ust in th�s��ti�r�titl��] "a��r�u[�".
<br /> �n�rir�nm�r�t�[ L��nr�. Th� v�r��-�s "Er�vir�nm�r���[ L���" rr���r� ar��r �r��i ail �tat�, ����r�E �n� [��a1 �t�fi����r
<br /> r��I��i�nS an� �rdir��r�c�� r�latir�� t� th� �r�t��ti�n �f hurn�n h��]th �r �h� �nvir�r�m�nt, i�Gi�a�in� wi�h�u�
<br /> I i mEtati an tf�� �r�mp r�h�n�iv� �nvir�nm�n��f F������s�{ C�rr���r���ti�nr ar�� Li�bil it�r A�t �f 1���� �� ar��r�d��r ��
<br /> �.�.�. ����i�r� 9���r ��s��. �,.�EF��LA"�r �h���r���r��r�d Am�n�rr��r�#� ��r+� F����th��iz��i�n A�� �# ����� �u�. L.
<br /> N�. ��-��� {"�A�A"}r�h� H���r�iQ�s 1�1���riaCs T��r�sp���ti�r�A�t, �9 [J.�.�. �e�ti�r� '[���1 r ex s��,r�th�R����r��
<br /> ��n���v�ti�r, �n� F��c���r�r A�t� 4� L�.�.�. ���ti�n �a���r �����.r �r��h�r ap�f���f�I� st�t� �r���l�r�! ��wsr rul�s r
<br /> ��r��ulati�n� a��pt�c� ��r���nt�l��r�t�. �
<br /> ���nt����fault. T���r�rd� "E��nt�f a�fau[�" rnean �n��f�h����r�t�Q�d�f��C#s����r�f� i r�tF��s ������Tru�t i r,
<br /> �1�����nts����fau�-t s�cti�n ��thi� I������T'rus�.
<br /> ���r�n�ty. Th� vwr�r� "Gr��r�n�y" m��r��tF���u�r�r�ty fr�m �u�r��t�r, �n�ar��rf �r�r�tyr �r a���r-�m��a�i�n par�y��
<br /> L�nd�rr ir��]uc[i r��witf����lim it�ti�n a�u���n�y�f a[] �r p��-k�f tF��N���.
<br /> Ff�zar�l��� ��a����rnc�s. "Ch� �r��ds "�1���r��u� �U�st�n���" m��n m a��ri�I� thatr ����+��� �f ���ir qu�r�tity f
<br /> ��n��r�tr�ti�r� �r p}�y�i�al r �h�rr�i��l �r in���ti��s ���r����ri�ti��� m�y ��us� o r ��s� � pr���nt �r ��t�ntia� haz�r�
<br /> ta h um a n f����th �r th� �nvir�r�m�r�t rrxrh�r� i m�rap�rly ����, tr�a���, ��or��r �i������ ��� ��n�r�t�d� rr��r�uf�c�tc�r��,
<br /> �r�ns��r���l �r�th�rv,ri�� h�an�[��. Ti�� u►r�r�s '"Ha��r��u� Suk�st�r,���" ar� us�� irr �h�ir v�r� br��d��t s�n�� �n�i
<br /> in�iud� �rit���t li�ni��#i�n any �r�d ��] ]���ar��u� �r t��ci� su��tan���, �at�ri�l� �r w���� a� tt�#ir��d I�y �r list��i
<br /> un��r tl�� ���r€r�r�rr�er�tal Lavv�. Th���rm "H����-��us Su�s��r����n �ls� ir��[ud��, v�ith�ut lim���-ti�n� ��tr�l���rr and
<br /> ��tr�l�u�rx� f�y-pr����t��r�ny�r�ct���tl��re�f an������t��.
<br /> I m�ro��rner�t�. Th� w�rd "E t��r��+���nt�" m��n� �[l ��isti ng and �utur� arr��r�r��rt��r�#s r L7l]1I(�IT��S r �tru��ur��,
<br /> r���il� I��rr��� �ffi�e�l �r� �h� ���1 [�rap�rtyr f��iliti��� ��diti�n�, r�pE���rrt�n�� �n�i ��h�r can��ruction �n t�t� F�e�l
<br /> �r�ReE-ty-
<br /> I rr�l��#��Jr����� Th� w�rd "1 nd�bt�d r���s" m��t�� �IE �ri n�[p��f int�r��tr and ��her am�u r���r ��sts ��d ����rt�es
<br /> p�yabl� �nd�r �1�� �l�t� a� Fi�l�t�� a��um�nt�� t�g�tf��r v�ri�l� �[� r�r��v��[s ��, ���en�i�r�� ��r ��di�i�ati�ns ��r
<br /> ��n��IE��ti�n� af a r�d su k��tituti�r�s f�r tf�� N�te �t F��I���r� I��cum�n�� an� any�r�n�ur�ts �x��r���d �r�dv�r���� �y
<br /> L�nd�r t� d[s�f��r�� Tr��t��'� �bligataor�� �r ����r�s�� ir��u����1 �y �rr����� �r L�n�i�r t� �n�ar�� Trust�r's
<br /> ���i���i�ns un��r this ���d �f Tr��tr ����th�r i�it�n ir���r��� �n �vch �rr���r��s �� �r��i�l�d in th�i� a���] �� Tr�s�_
<br /> ����if���l[yI w it���t [i m3t��i a�r I nd�afied r���s i r,cl u��s a11 a��u�ts th�t m�y �� �n�i r��t[y ���ur�d �y tl��
<br /> �r���-��I[�t�ra[iz�ti�r� �r��isi�r� �f�h i� ����I �f Tru�#_ l r�Ad�itia n t�t�� N���, t�t[s a��d �f Tru�t����r�s �I[�u�u r�
<br /> ��r��rr��s rr���� f�y L��r�d�r t� �3a rra��r �r Tru�t�r �vF��th�r �r r��� �h� �d��nce� ar� m��� �ur�ua�t t� �
<br /> ��mr-�it�nent. ����i�a��l��, v�ith��t I�m�t��i�n��hi� ���c� of Tr�st s��ur�s, [ri �{��]tC�C�t�t���m��r�#�����ifi�d �n t�r�
<br /> N�t�, �I�f ut�rr��m�r�n�s Len��r i�its�iis���ti�r� m�y Ea�n t� ��rr�w�r�r�ru��a rr to�eth��v�i�l� �[] ir�t�r���t�i�r��n.
<br /> L�r��l�r. Th�w�r�i "�en��r" m���s ��u�t�bl� ��nl�� it� s�������r��nd a��igns.
<br /> I���e. The v��rd "N�t�" ��an� th� �r�mi���ry n�te da��d ���ru�r� ��, ��'1�r irl �h� �ri�inal �rir���p��
<br /> �m�u�t �f ��[�����.�� �ram �o���vtir�r t� Lert��rr ����th��r v+ri�h �[� r�r���rvaEs ��, ext�nsi��s �f, rr,��fifi��ti�r��
<br /> �fr r�f�n�r��ing� ��r c�r�sali�iati�n� ��r �n� 5�bstitutians f�r t}�� �r�mi�s�ry n��t� �r ��r��m�n�. 11��T��E T�
<br /> TF���T�F�: THE�!!�i"E C�I�[YA[[��l�1��►RIA��E`INTEF���T F�AT�.
<br /> I�����n�� P��perty. Th� �v�rd� "P�r��r��� �r���r�y.° rn�an a�l �qui�m�r��r �i�tu���, ��� �th�r arti�1�� �f persana�
<br /> �r����t�r n��v �r h�r��ft�r �v�rn�� �y Tru�t�r,��r��i n�w ar ]�er��ft�r �t���h�d �r a�`r�€�d t� �[�� F��a! Pr���rt�r:
<br /> ����ther v�ri�h �11 ����S�1�1'�S r �arts f �n� ���i�i�n� ta� all r��l���m�t�t� �fI �r�d ��I ���s��t�ti�n� ��r, any �� �uch
<br /> �r���r�r; �n� ��c���her with �C1 �r������ �in�lu�in� v��th��� [imit�tian aIl �n�ur�rrc� �r����d� �n� r���ar��� �f
<br /> prem i ums� fr�rri ���s�E��r�th�r�li�p�siti�n����� �r�p�rt��
<br /> �r���r#y� TE��w�r� "Pra per�y" m��r�s ���I���i��ly tl�� R��[ Pr�p�rt�an�t�e ��r��r��l Pr���rt��
<br /> R��1 Prap�rty. Th�w�r�� "F���[ Pr�p�rty" m��n �h� re�l pr���rtyr i�t�r��t� a�td ri�hts, as f�r�h�r�f���ri��d �n t�i�
<br /> ���� �f Tru��. � .
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