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<br /> �EE� �F �F��J�T
<br /> L��r� N�: ��������� ���l�fi[C1u��1� P�g� �-
<br /> thi� I���� �f Tr��� �n�C �a�� vtirl��t�v��r a���r ���i�� i� r��u��t�� �y L�r���r t� p�r�����r�� ��n�i n�,� Len��r's 1 i�n �n
<br /> �h� F���l �r�p�rty. Trust�r �h�ll r�im��r�� L�n�[�� ��r �l[ ta�c�s, �� d���riE��d b�lav�rr ta��th�f �vith all ��c��n���
<br /> �n��rr�� "rn r���r�{ir�g� ��rf��ti r�g �r ��r,�i r�uin� �hi� D��d �� Tr��t f i r��1���n� w i����� lim i��ti�� �I l t����� f���f
<br /> ���urr��nt��y��a��s r an� ��h�r�h�r�����r r�c�rdir�� �r r��i�t�ri r��tl�is ���� �f Tr��t.
<br /> ���€��. Th� f�[]�win� �h�ll Ganstitut� t���� t� v�rl�i�h thi� ����ian �p�li��: {1� � �p��ific �a� �p�n �i�i� �y�� �f
<br /> ����C �#T�rust �r ���r� ��I �r �ny par� �f tl�� ln�l�b��r�n�ss s���r�� by this ��ed �f �ru��r; ��� � s��c if�� t�� �r�
<br /> Tr�as��r�r hi�h �rusto r is autFr�ri��d �r r��u�r�d t� �����t€r�m ���m�r�ts�n th� 1 n������n��� s���r�� b�r�hs�t�rp�
<br /> �f ���d �f T�r�st� ��� ��a�c�n tF�i��yp� �����d ��r Trust���r�eable a��in�t th� L���#�r�r tl�� l��l�i�r���tl�� �r�dit
<br /> A��re�m�nt� �r�� ��� � ����ifi� ta�c �r� �Il �r any p�rti�n �� �h� ln���t���ess �r �n �aym�nts Qf prin�ip�� �n�
<br /> i r���r��t m�.r��b�+Tr��-�ar.
<br /> �u1�5�quer�t Ti�x��. [f �r�y t�� t� �vh�ich� thi� ���ti�n �p��i�� i� �n�����i �uE����u�n� �a ��e da�� a� thi� ���� a�
<br /> Tru�tf tF�is �v�n� �hal1 h�v� �he s�m� �����fi �� �r� Ev�rt� �f ��f�u[tr �n� L�r���r m�y ��c�r�i�� �n�r �r ��I �f i��
<br /> a��i[�i�[� r�m�t�i�s far �r� Ev�nt �f a�f��rlfi �� pr�vi�i�d ��l�w un���� Yru��or �i�C��r ��� p�ys �i�� ��x l��t��� i�
<br /> ����r��s d�lin�ue�rtr �r ��} ��r����ts �I��t��c �� �r��i�i�d ���v� in �f�� T���� ���] ���ns ���ti�n �r,� ����s��� wi��,
<br /> L�n��r��s� �r�s��fi�i�r����rp�r����ure�y bar�r� or ath�r���uri�y s�tisfi��fi��y t� L�r�d��.
<br /> ����I F�lTY AG F�E��[E�1�; FI[�AN�lhl� �TAT�MENT�. TF�� f�ll��rv in� �r�vis��n� r�9�ti n� t� this ���� �� Tf�s# a� a
<br /> s��u�aty��r�����t�.r�� ��r��f�[�is D����f Tru�t:
<br /> ����ri�r,� Agr��rr�en�. Th�is ir��firurr��r�t sY�al] ��r��ti��t� a ���urity A�r��:-r��nt t� th� ��t�rrt �rty �f th� Pr���rty
<br /> ��r��#it���s fi�t�f��r ��� ��n��r�h�l I h�av� a!I ��r�he rigf��s a�a s���r�d �ar�� us��er�th� U ni��rrn ��r�m�r�i�l ��d�
<br /> as am�nd�d �Fr�r�ti��t�ti rrt�.
<br /> �����it� �r�t�r��t, l���n r��u��t �y ��n���, Tr����r �h�ll ��E�� wha���er ���i�n is req������I by Lend�r �� Rer�e��
<br /> �n�i ��n�in�� Lend�r'� ���u�ity i��r�r���ir� tC�� ��r��r�al Pr���rt�r. [n ��di���n t� r���r�ir�g thi� ���� a�Tr��t i� th�
<br /> r��� �r���rt� r���rd�f L�r���r ���r �� �ny �ki�� �nd w��h�u� fur�her ���ha riza�ia n fr�m Trus��r� �i�� ����ut�d
<br /> ���,rr�erpar��f ��pi�s �r ���r�du�fii��� �� tl�is ���d �f �r�a�t as � fir��r��in� �t�t�ment. Tr�rst�r s��l� r�im��rs�
<br /> L�r�d�r f�r �II ����r���� i n��[���� in p�r-����in� �r ��r���r�uing �h�� s�curi��r in�er���. U��n de��u�tr Tru��ar sl�all n�t
<br /> r�m��er �ever or ��t�cf� tl�� ��rs�r��l �rap�rty �r�m th� Pr��erty. lJp�r� ��faultr Tru�t�r sh��l ��s���]� �ny
<br /> ��r��r��l P�ap�rty n�� �ffi��r� �k� �h� �r�per�� in � mann�r and �� a ����� r��s�n�l�l�r ��r�v�r�i�r�t t� Trus�Cc�r �r�d
<br /> ��n�er ��d �a[c� it �v�i[abl� t� L�n��r v�rithin thr�� (�� �ays �f��r r���ipt �f �nrritt�n ��r��r�� fr�r� �.�r���r t� th�
<br /> ��z�nt��rmE#t�d by�p�lac�bye [�w.
<br /> A�idre���s. T�� rr���l ir�� a�dr����s �f Tr��t�r (��bt�r} �n� �.�n�l�r [s���r�� p�r��� �rr�m v1r I�i�h inf�rr��ti�r,
<br /> ��n��rnin� t�n� securit� int�r��� �r�n���l �y tF�is ���� �f Tru�� rr���r �� �bt��r��� ����I� �� r�quir�� b�r ��� t�r�i��rrrr
<br /> ��r�m�r�i�� ��d�} �r� �������r� �n�h�fir���a��of�hi� I���� �f Tr�st.
<br /> FUF�THER �4S��JR�11[�F�� #�T�'�F�111�1�-IN-FA�T. Ti�� ��Il�w�r�� �r�vi�i�r�� ��E�tir�� �� �urtt��r ���ur����� ���i
<br /> �ttarn��-�r,-f��t�r�a p�rt�f�his �����f�ru��:
<br /> Fur��e��ss�r�n�e�. At�r,�tim�� �r�d �r�rrr ��rrti� ta ti r��r u��r� r�qu��t�f L�nd�r, �i rU�t�r vtiril I r��I��r ���cut� �r�d
<br /> �eliv�r, �r�r+�ial �����t� b� m��f�, ����u�ed ar d��iv�re�r t� L�nd�r❑r t� L�rtd�r'� d�sign��r ��� r�rh�n r�������� by
<br /> L��d�rr ���s� t� b� fil�d r r���rd��f refi I��r �r re r���rd��r a� th� ��s� m ay b�r at �u�h ti m�� �nd i r� �r��l-y �ifi���
<br /> an�I pE���� as L�n��r m�� ���m �ppr�pri a��r a r��r �n�f �11 �u�h m�r���g�s f d���� ���ru��r s��uti�y d�ed�, ��cU ri�y
<br /> ��r��m�r�t�� �ir�ar��ir�� �t�t�ments, �antin���i�n �t�t�m�nt�r in�tr�am�nt� �f �urth�r as��r�n�er ��rtif��at��f ar�d
<br /> ��h�r����m��tt� �s m a�{r in th� s�l� apin i�r� ����n�i�rr �� r����s��ry�r d���r��E� i r� �r��r�� �f-F���u�t�r ��rn�f�fi�r
<br /> ��r���t, ��r��i r�+��, �r p����ru� �1� Tr�a�t��'� ��ti��ti��s �n�i�r�h� �r��l i�l��r��m�nt, tl�i� I����1 ��Tr��t f �n� �h�
<br /> R��at�d �o��m�n�t�, �nd ��} th� li�r�� �r�d s���ri�y i�t�r���s cr��t�� �y tl�i� ���� ��r 3r�ast �r� th� �r���rtyr
<br /> �rvk��th�r���r��n�� �r h�r��f��r����ir�� �y Trus���'. �Jn3�ss p�'�hik�it�d h}�law or L�n�i�r��r������h� ��n�kr�ry in
<br /> �ritin�r �ru�t�r���lf r�irr�k��rs� L�r-�d�r f��-�ll ��st� �rr�€ ����t�s�� tr���rr�� ir� ��r�r���ti�r, �rvit�t�� rr��tt�r� r���rr��i
<br /> t� in�his �a�r����pf�.
<br /> A��rney-in-F��. l�r Trust�r f�i[s ta d� a��y a�f tC�� tl�ir��s r�f�rr�d ta ir� tl�� �r����i�r,� ��r��r��l�� L�r�d�r rrti�y d� ��
<br /> ��r an� �n th� r��ri-f� ��r Tr����r �r�r� �� �ru���r`� ����n��. F����ch pu�����s, Tr����r �n�r�b� irr�������y ����in�s
<br /> �en�er��Tru�t�r's �t��rr��y�i�,f���f��tl�� �u r�����f m��i��, ��c��uti r��, d�[iv�rir��, fif i r��, r���r�i��, �r�d €��i�g �ll
<br /> �tf��r �hi�r�� �� rr���r b� n����s�ry �r �Jesir�bler in Len�Jer'� s�l� apini�n, t� ac�arr�p[i�� ��� �a�ter� r���rr�d ta ir�
<br /> t���r���di�g ��r�gr��E-�.
<br /> F�LI�P��►F�R�1�1�11[��. [f Tr��t�r��y� �il �h� �n�����c�ne�� wh�n du�r termin�te�th� �r��i� I�n� ���aun�, and ��h�r�vi��
<br /> �erfarms a l��th� �bl i���i�r�� i rrt����� ���r�Tr�st�r�rr�[�r t�i� a���[ �f Tr�stf ��r���r �I��I l ����u�� an� �l�l�v�r t�Tr�����
<br /> � r��{���� f�� f�ll r���nv�y�r��� �n� �h�ll �x��u�� and ��liver �a Yrust�r s�itak�l� �t�t�r��nt� o� �e�rr�ir��ti�n �f any
<br /> fin�r��i ng st���r��r�t �r� #i!� �1fl��l'��l11� L�r�d�r'� �����it�r E r�t�r��t i n th� R�nt� �r�� th� P�rs�n�] Pr��er#�. �r,�r
<br /> r���nv�y����fi��r���ir�� �y]�u�r sh�ll �� �ai� �y Tr��t�rr i#��r�itt�d by���li��l�I�l�v�r.
<br /> E�IE11lT� �� DEFA�LT. 7��s�ar �rtiriC� b� in ����uC� u���r thi� ����t ��f Tr�st if �r��r�f th� f�Cl�wir�� h�����: �A} Trust�r
<br /> c�mmits ftau� �r mal��� a mat�ri�� m��r�pr���ntati�n �t �n�r �im� �n ��nn���f�n vtri�h �h� �r���� A�r��m�nt� Tl�i� ��.n
<br /> i��[��er �ar exam�l�r � f�l�� s�atern�r�t ���ut Trus#��'s ir,c�rrY�r ��s�t�, EI��II[�1��, �r a�ny �t}��� �����t� �f Trust�r"�
<br /> ��]"LSC��I�� ��C1C�i�1�T1. (�} Tr����r d��� rt�t ���t��� r����rrrE�n���rm� �f�h� �r��i� A�r��m�n�. {�� T�����r'� �����n �r
<br /> ir�ac�i�n a�ve���l�r aff��t� ��� ��il�t�r�l �r L�r���r's �i�i�ts ir� tf�� ��ll�t�r�l. T[�i� ��r� �n���a�e� ��r ���mpl�, f�il+�r� t�
<br /> ��ir�t�in r���[i���l ir���r�n��r ����t��r�i���ru��iv� u�����he���1[i n�, �rai lur�ta �ay taxe�� d��th af al l p�rs�n� li abl� an
<br /> ��� ��c�ur��� tr�risf�r �f t��f� �r ��1� �� t�� �v�r�ili��f �r���E�n �� � s�ni�r ii�n �n th� ��rv��lin� v�rith��t l��n��r's
<br /> p�rmi�si�nf t�r�cl�sure E��r th� h�ld�r�f an��h�r Ei�nr ar�h�us���F�F�nd� �r�h����llir��f�r�r�l�i�it�d �ur��s�s.
<br /> �[��]T��4�VI� �EI�[E�1E� �N ��FA�JL�', lf �n E��nt�f ��f���t����r� �n��r thi� ���� �f Tr���, �t �n�tim� 't��r���t�rr
<br /> Yru�����r L�r�d�r ma�{��c�r�is��ny�r���r r��r��f tl��f�ll�v��r�� r��hts�rt� r�tr���lt�s:
<br /> A���[�r��i�r� �J��n �����tlti Ad�i�i��r�l R�m��i�s. ]f any Ev�nt a���fa�alt����r� a� p�r th�t�rm� ��th� �r��tit
<br /> A�r��m�r����cure� h�r�by, L�nd�r may�f��l�r� a[� lnd�bted��s� ���u��d by tC�i� ���d �f Tru��t t� �� d u� �n�
<br /> p�y��1� ar�d th,� �am� sha[� th�r�up�r� b���m� �[u� �nd �aya�1� with��t �ny �r�s�n�rr��n�, ���n�n�i� pr�t��� �r
<br /> ���i����a�y k�n�J. �E'l�F����F, L�r�d�r��y:
<br /> ��� Eitf��r i� ��r��� �r by �g�rrt, v�rE�h ar v,rith�ut l�r�n�ir�� �n� a�ti�n �r �r�����ir��� �r �� � r�����r�r
<br /> ��p�in���l I�y� ��ur��r�d wi�h��� r���rd t�the ad��u��y�f its ���urit�� �nter up�n �n� �ak� p�s���si�n
<br /> ��t�� �r�p�rtyr �r�ny p�rt th�r��f� in it���rn r��m� �r En��� nam��f�r��t��, �n� �� any��t� v�rhi�h �t
<br /> �i��ms n������r�❑r d�sir���e�a p r��er��tC�� v�lu�r rn�rf�����i[it��r r�r���bif i�r�r af tf�� �r���rt�, �r��rt�f
<br /> th�� �r���rt�r �r irrt�r��� i� th� Pr��ertyr En�re�s� �h� �n��m� �r�m �h� Pr���rk�r �r pr������h� ���ur��y ��
<br /> �h� Pra��rtyr a nd� wi�h �r w it��ut t��i�� ���s�ssi�r� �f ��� �r���rt�, s u� #�r �r �t}��r�nri�� �all��t ���
<br /> r�r�tSr i���t�� �r��] �r�fits �f th� �r�p�r�y, �n����li�n� �h�s� }�ast d�� an�J unpaEd, �r�d app]� the ��me, I�ss
<br /> �a��� �������ns���f������������ �alE��ti�t��tt�rr����' f���r t��r,�r i��ebt��r��ss���ur�� ]�y thi� ����
<br /> �f T���z, �l� i�t ���h �rr��r �s L�n�i�r m�y r����rm�r��. �Th� en��rEr�g ��o� and ��}�ir�� ���s���i�n �� fl��
<br /> �r���rt�, t[�� ��ll��ti�r, �f �u�l� �r�r�t�, issr��� �nd �r�fi�s, �n�] t�� �p�l��ati�n tl��r��f sh�ll ��t ��r� ��
<br /> �r�iv� �ny�����I� �r n�ti�� Q���f�ul� und�r thi� ���� Q�Tru��or inv�[id�t� �ny ��t �l�r�� ir� r�s����� t�
<br /> s uc�d�f�ult�r �ur�u�r�t t� ��c�i r��ti��af d�f��It; �n�r n��with�tan�li n�th� ��r��i r,����� in ��ss���i�n�f
<br /> #h� Pr�}��r�y �r �h� ��lE���iar�r r�c�ipt ar�d �p�l���fii�n �� r�ntsr i�su�� �r �ar�fit�r �ru���� �r L�r�d�r �I��li
<br /> b� ��titl�� t� ����'���� �v�ry ri�ht �r��i�l��l f�r i n th� �r�r�i�A�r��m�n� �r�h� R�I���� I���um�n�� �r fay
<br /> I a vtir U�an�h�����rr�����f�r��+��r�r���f�l�f��lt, ir�c lu€�i r,�t��ri�ht t����r�i s�th� ��w�r�f��I�f
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