.. . . . . �...�,. .. �.......�.....�..�... ...�..-�...,. �..-� �.....���.,�.��...�.�..�..........Me--etrrrKw �y�..�.�....i� V.� i.......,.-`---
<br /> ��15���31
<br /> [���� �F ��L��T
<br /> L��r� I��: �'�1 1���T� ����tir����� P��� �
<br /> ��n��rrr in� �f�� ����rity E���r�st g ra nt�d b�r �his I����! �� �r�s� r��,y k�e �bt�i r�ed �ea�� as r���i r��i l�y t�e �J nif�rm
<br /> ��mrrk�r�i a l ��d�� �r� ��st�te� a n�h� fi r�fi�a����t�r i� a����f Tru�t.
<br /> �[��'��-I�Fi �►��I��AN�ES; A��'�f�N��-IN-�A��'. TI�� f�l��v�rin� �r��is��ns r�i�tir�� t� fUr�h�r ����r�n��� �nd
<br /> �tt�rn�y�i nTf��t����p a rt��'��is a��� �f�r�st:
<br /> Fur#h�r ����r�n���. At �r�� ti rt��, a r�d �r�m �i m� �� ti rn�, ���n r��u��t �f L�r�d�r, Tr�st�r v�i II rn�I��+ ��c�c ut� �n d
<br /> ���i��r, �r�rvi�l ��us� t❑ �� m��i�r ��c���t�� ar���i��r�dr t� L�r�d�r�r t� Lenc��r'� ��si�n��, a�d �rvh�n r��u�st�� b�
<br /> L�r�der, ��t�s� t� �� f�l�d, r���rd�d, r�fil�c�, ar r�r���r�i��i, �� t�� ���e t��� k��� at s��h� tim�� �n� kn s���r �ffi���
<br /> �rtd �I a c e s �s L���l�r ma� de�� ��pr�pr�at�, a r��r a�r� ��I �ucl� rr�ort�a��s, ���d� �#tr��t, s��ur�ty ����s, ����rit�
<br /> a�r�em�r��s� f ir1�n�in� s�a��r��r�ts i ��nt�r��ati�n ��at�rn�r�ts, i nstrur�'t�rtts af furt�r�r ��s�ra nce, cer�i�i����s, �r1�1
<br /> �tF��r ���utr,�nts �s �n��r, in �f�� s�l� ���n€�n �f L�n�err �� r����s��ry ar ���ira�l� in �r��r t� �ff��tua�t�, c�m�l�t�,
<br /> ��r�e�tt ��n�ir��,�r �r pr�s�r�r� �'1� �ru�t�r'� abli�ati�r�� �n��r tl�� N�t�r this ���� �� T��st, �r�d th� a�la���
<br /> ����m�nfis f an� {�� tl�� Ri�ns �n� ��cur�t�r in��r��t� �r��t�d ��r �hi s ����I �fi T���t a� �i rs� a r��l �ri�r ii�ns �n t��
<br /> �r���rt}�t v�r heth�r n�vtir ��n��i �r l��r�af#�r ����i r�� l��r Tru�ta r. U nl��� p r�hi k�i��d �y I avv �r ��r��fer ��r��� t� fit��
<br /> ��n�r�r� in �nrritir��, Tr�st�r sh�l� reim�ur�e L�n��r f�r all ��st� a�d ex��r���s ir��t�rr�d in ��r�n��ti�n �Ftl� th�
<br /> �n�tt�r� ��f��r��to in�h�s #��r��r�ph,
<br /> Atta�r��y�in-���#. if Tr`u��ar��il$ t� �l� a r�y �f tl�e th in�s r���rr�� t� in the pr����i�n� p a ra�r�phr L�nd�r m ay d� ��
<br /> �Far �n� �n �h� r��m� �f Tru�t��' �n�l at Tr�St�r's ����nse. F�� ��c�i �ur��s�s, �rustar h�r�by irr������l�r �pp�ints
<br /> ���r��r �� Tru��ar'� ���n rr��y-ir�-f��t f��tl�� p�r��s� �f rr��ki ng r ����u��i��, ��I iv�rin�r f�l i n�, re c�rd in�� �r��l d�in� a[�
<br /> a�h�r th�n�s �s ma�r �� r������ary �r �l�sir��l�, ir� L��d�r'� s�l� �pir�i�r�+ t� ����mpli�h �h� ma���rs ��f�rr�d t� ir�
<br /> th� �r����l�r�g paragr�ph.
<br /> FL.�LL P�F#F�RI�IIAN�E. !� Trusto� p�ys a[I �l�� In�����dn�s� �nrf��rr d��, a�� a#�er�ri�� p�rf�rm� ��I th�� �bli��ti�ns
<br /> �m����d upan �r�,�t�r �n��� thi� a��� �f Tru�t, Le�d�r shall ��c���t� ar�d ��li�r�r t� Tru�t�� � reqU�st fa� f�ll
<br /> re��nr����n�� ar�cl shall �x��ute �n� d�liv�r�� �r����r�uitabl� �t�t��er�t� �fi��r�in�tian �f an�r f�n�,n�ir�� s�a�err��nt�n
<br /> fil� ��ic��r��i r�� ��n��r'� ���u�it�r jnt����� i rt th� R�r�ts �r�d th� ��rs��r a I Prap�rt�r. �n�r r���r�v���r��� fe� req ui r�d #�y I�vv
<br /> �h�ll �� �a i� �y Trust�r, i���rr�itt�d ��r��pli����� I a�rv,
<br /> �1�EN`�S �F �EF��.1�,�� E��h af th� f��I�wir��r at L�nd�r's �p�i�n r s I�a11 ��n�#it�t� �rt Ev�r���� ��f�u It �r���r this D���
<br /> af Tr��t;
<br /> ����ent��f��l�. Tr�s��r��i1s t� m�k��n�r p��merrt�h�n�u� �n�i�r tl�� Ir�d�bt��n��s.
<br /> �tl��r D�f�u�lt�. Tr�st�r f�i�� t� cam�l�r �ith� �r t� ��rf�rm ar�y ath�r t�rm, �k�Ia�ati�r�r c�v�n�n� c�r ��r�tliti�r�
<br /> ��ntain�� in �h�s C���� �f Tru�t �r ir� an�r �� �h� R�I�t�� a��um��t� �r t� ��r��1�r v�ritF� �r ta perf�rm an� t�rm,
<br /> ��li���i�nf ����n�n������di�i�n�at�tain�d in �t�y��h��'��reemen���tw��n ��n�[�r �r�d Tr��t�r.
<br /> ��mp[i�n�� ��#�ult. Fai I�r� �❑ �Qrnpl�r vvith a r��r �t�t�r ��rm, ��I i��ti�r�f ��v��a nt �r ��ndi�i�n ��nt�in�� i r� th i�
<br /> ���� ���rus�r �h� N�t��r i r� �ny�f tl�� Ft�l�t�� a��umen�s.
<br /> �����It�� �th�r I�aym�n�s. F�i I�r� �f Tru��a� �it�i� th�tirr�� r�q ui r�� by thi� D���f �f Tr��t#� m a l�� a ny�ayrr��nt
<br /> �a r�a����r i�s ur����r �r�r�}��tl��r�����nt ne�ess a r��a �r���nt�i lan� �f�r t��ff�ct�i��h�r�e �f�n� li��.
<br /> C��f���t it� ��v�r�f Thir� P�r�i�s. �I���I� �r��t�r �J�f�ul� �r���r �r�� f���, �x�e�s�an a� cr�ditr 5�ClJl"1�1f ��I"$$�'l$Irl�,
<br /> purch��� �r ��I�� a�r��r��nt, �r �r�� �th�r ��r��m�nt, in f�v�r �f �n�r �th�r cr��it�r �r p�r��� th�t m�� mat�ri�l��r
<br /> �ff��t ��y �f �ra�nt�r's pr�per��r �r �r�nt�r�s ��iEity t� r�pay �l�� Cr���l�tedr���� �r �rant�r's �bilit}r �� ��rf�rm
<br /> �r����r's��1i�atrans �nd�r th�s ���� �f Tr��t�r�r��r��t�r� Fi�la��d D���m�nt�.
<br /> F�1s� �t�ter�ents. �n�r w�rrar�#yr r��r���nta�t��r ar sta�t�rrti��t m��e o� furni5h��c1 �� L�n�i�r �� Tr��t�r �r �n
<br /> Tr��t�r'� ��h�al� un��r th i� ���� o�Tru�� a r �he [��l a��� a���m�nt� is fsls� �r tni s����in� i n a r�y rr��t�ri�I r�����t,
<br /> eitF�er nav�r ar a�t���im� m��l� �r f�rni�h�d a� b���m����Is��r mtsl��ding �t any�ime �h�re���r.
<br /> [��f��ti�r� ��I��t�r�liz�ti�r�. Tl�i� C���� �� Tr��t �r a r��r �� �h� F��I�te d ���um�r�ts �����s t� �� �n tu Il fi�rc� �r��
<br /> e�f��t {i��l��lin� �ailur� af �n� ���later�l d�cum�nt t� �r�at� a �r�li� ��r� ��rf����� s���rity �nt�c��t �r I'r�n� �t ar��r
<br /> ti m� �n�f�r�r�y����a r�.
<br /> [����th ar tr���l�►����. Ti�e �e�th a�Trus��r, th� i r�s��v�r���r�f Tr�st�rr th� a�p�intm�nt�f a r�c�i�r�r f�r��� �a rt�f
<br /> Tr�s�ar's �r���rt�, �ny ass���m��� ��r tl�� �er��fit �# �redit�r�� an�r typ� a� credi�ar w�r���t, �r tl��
<br /> ��mtr��n����nt���r����a�e��ing �nder �n�+ b�nkr���k��r Q�r in��l��n�}� I�vtir� ���r a��in�t Trustar.
<br /> ���cli�ar �r F�rf��#ur� Pr�����irrg�. �arn rrti�n��r��t�t �f f�r��1���r� a� ��rfeit�re pfa����i ng�, �rv heth�r �� �u�ii�i��
<br /> pr��������f ��Ifr����, r�p�s����iar� �r �n�r ath�r m���ad, b� �r��r cr��it�r a#Tr��t�r�r ��r any��v�rr�m�r�t�l ���r���r
<br /> again�t �n}r �ar���r�y ����rin� t�� lr�d�}�tedn�ss. Tl�is ir������s � ��.rr��sh�r'n�r�t �� �r�y �f Tru�tar'� ����unts,
<br /> in�l�a�in� �e���it ����ur�ts, vvitl� Lender. H�w�v�r, �[�i� ��r�nt �f D�f�ult ��r�l� n�t a�pl� �fi th�r� i� � �a�� f�i�i�
<br /> di�p�rt� f�y �ru���r �� t� t�� �r�li�lit� �r r��s�r��bl�n�ss �f�f�e �I�im �nr1�i�1� i� tFt� b�st� a�the �re�lit�r ar f�rfe�tur�
<br /> �r����+��n� ��r�i if TrU�t�r �iv�s Len��r �ritt�r� n����� a� �he �r��tit�� �� ��rf�it�r� �������in� ��� ����si#� v�ri��
<br /> L�n�ler manie� Qr � s�r�ty b�n� ��r th� c���it�r �r f�rf�it�r� �r�����in�, ir� �� �m�ur�� d���E�rtir��d �y Lenc�erf in Ets
<br /> ��I��is�r��io r�r �s l��i�� �r� a d�q���� r�s��-v��r b�nd€�r th�cfis�u��.
<br /> �r���h� �f�th�r A�r��m�nt. At�� �r��.�� �}r Tru��ar under th� �erm5 ���n� o�h�r ��r��m�t�t b�t�rv��n �r����r �n�#
<br /> L���l�r th at �� na� rern��i��i �it�in �r��r �r��� p�ri�� �r��=d�d th�r�in, i r�����i r�� �nritF��u� �im it�ti�r� �r�� �g r��rr��r�t
<br /> ��n��rnin� ar�y ir�d�t�t��f��s� �r�t��r�bli�ati�n a�rru��ar�a Len�i�rr v�rh�t��r�x�s�in� n��nr �r����r.
<br /> E�ren#s Aff��#ir�� ��t�r��t��'. An�r af th� �rr�ce�ir�� �v�n�s ���ur� �rvit� r����ct t� �rt�r �uara�t�r, �n�orser, �u��t�,
<br /> �r �cc�mrr��d�ti�r� part�r a� �r�y a��h� in�l�h��dn�s� �r �n�r ���rar��vrf �n��rs��, s�r��y� �r a���mm�d�ti�n paft�
<br /> �i�� ar b���m�� in��mp�ter�tr �r r�v�f��s �rr t�i���t�� ��� ��li�ity �f, o� li�b�lit�r und�r, ar��r �uarar�ty a� �he
<br /> I�tl�t�t��i����.
<br /> �1��r�rs� �F���t��. A rt��.t�riaf �dv�r�� char�ge a���rs ir� �rustar's finar�cial �o��i�i�nf �r L�nc��r b�li�v�� th�
<br /> �r�spec�af pa�rn�r���r p�rf�rm�n���f th� Ir�d�bt��n�s� is �rx�p��r��J.
<br /> [r������i��r. L�nti�r i� ��o� ��it� ��f�e�e� it��lf in�e�ure.
<br /> RI�F�T� ��D ��IULE�IE� �� �EF#�UL�. I� �r� E��r�t �f a�#�ult ���urs un�i�r this ���d �f�r���+ �t �ny tim� th�r�aft�rr
<br /> �r�st��or�en��r m�y�x�r�i�� a�y�n� �r m�r� �f th� f�I��v�ri r�� �i�I��� �n� r�rrti�cl i�s:
<br /> A���I���#i�n U��ri D�f��l�+ ,�4dd�ti�r�a� l�►�m��1i��. �fi a�ry �v�nt❑f D��a ul� v���r� �s ��r �h� t�rm� �f th� f�f�t�
<br /> s���r�� h�r�ia�, ��n��r������l�r� all ln��bt�cir��ss sec�r�� �y this ���� of Trus�t� �� ��� �r��i ��ya�l� �r�d
<br /> tl�� s�r���h�l��h�ret��or� b�co�e dU� ��� pa���I e�itho��a ny pr�s�n�m�nt, ��m�nd, pr������r n��i�e�f any
<br /> l�in�l, Th�r���t��, L�r��1��m ay;
<br /> ��] �ither i� p�rs�n ��- �� ��e n�, �Etl� �r �rvi�f�a�t t�ri r��i n� �ny �G�i�n �r �r��e�r�in�r �r �� a r���iv�r
<br /> ��p�int�� b�r a ���rt �r�� v�rith�ut r���rd tt� th� ����u��� �f its ���ur�t�r, �nt�r ��c�r� ar�� ��I�� p��s�s�i�r�
<br /> �f�h� �r���rtyr �r an�r p a rt th�r��f, i n its �u+r� n�m� �r�n th� n�rn� �f Tr��t��, an� d� �ny a�t� �r h�i�h i�
<br /> d��rr�� n���s��r��r t��s ir��l��� �r�s�r�� tl�� rr�l u�, m�r��ta�i lity �r r�t�t�t�i!it��f�1-�� �r�p�rt�, �r part�f
<br /> #h� Pr�p�rt}r �� int�r�st �r� t�� �r�p�r��+; in������ t�� [n��m� fr�m #h� Pr�p�rty �r p������#h� ����r4�y ��
<br /> th� pt'���rfiyr �n�r ��th �r �nritF�au�t �aC�i n� �o���ssia r� �f the �ra��rfi�r s�e ��r �r �����v�ri s� ��Ilect �F��
<br /> r�nt�, is�u�� ar�d �r��it� �fi t�� f'r��erty� ir��l�din� thas� pa�� d�� an� ����id, ���i a�p�y tl�� ��m�, I���
<br /> �a�ts an���€pense� af ap�ratian an� call�cti�n at�arn�ys' fees� ta ��y�n�lekatedr���s ���ured �y this ����1
<br />
|