2� 15�8329
<br /> ��E� �F T���T
<br /> ���n��n��d� Pa�� �
<br /> M�i�tena��� �� I��urar���. Tr��t�r �I���1 �raGu�-� �n� m�inta�r� p�li�ies a�r�r� ;�s�ra���uri��, s��r��ar� ��ct�n���
<br /> �ou�ra�� �n��r��rr��r��s �r, � f�ir v�l�� b��is f�r �h� fu�l ir�s�rabl� �ral�a� ��v�rEr�� �I� �rnp�Q��m�r�#� �r� t�� R��f
<br /> Pr�p�rty in a� �m��nt ��#FiG���t t� ��+oid a�p�i�ati�n:�f an}� ��insur�n�� ���us�, �n� �vitl� � �tand�rd rn�rt��g�a
<br /> �[aus�in f��ror�f��n��r,��g�tl��r w�t�i �u�h�tf��r hazar�a�d Eia�i[ity in�u��n���s��nd�r rr���r�as�n����r r�qu�r�.
<br /> l��l��i� �ha3� �� writt�n in f�rm, arrt�ur�t�F c��rer������r�� �a�is r��s�n��l�a���p����� t� L�r���r�n� is���� ��r a
<br /> ��rrtpat�y �r��rrrpa���s r�a��r���[y �����t�C���'t� Ler�d�r, Tr��t�r, �a��� r��u�st of��n��r, v�ri f� d��i�r�r�� ��n��r
<br /> fr�rr�ti rr��ta tim�th�p��i�i������rti���t�s�f ir�sur-��,��ir�f�rm satrsf��tr�ry��L�n d�r, ir�c���in� �ti��l�ti�r,�tl�at
<br /> ���r�rag��v�r�l[ h�t�e �n�l����r��m�e�ish��wi����t�t[��st��ii�y���}day���r��r�ritt�n n�t�c�f�L�n���r. ���F�
<br /> i�sur�n�� p����y�1�� shaEi ir����t���� �r����-��r��nt pr�vidin�th�t��v�r�g�in����r af�e���r��il n�t b� ir�pair��
<br /> in�ny w�y��r ar��r��t, ��i�s�an��-�i�f��lt�f Tru�t�r�r�ny���r�r���s�r�. �I��ul��he R�al Pr���rt����a��t�� i�
<br /> ���r�� ���it�nat�d �y tf��AdmEr,istr�tar�f tl�� F���r�C Err��r��nGy�lana��r��n����n��r�s a sp��i�i fla�� h�r�
<br /> �r��, �ru�tar ��r��s t� �b��ir� �nd tr��ir�t�ir� F���r�[ Flood lns�r�r���, [f a�raif��l�, f�r th� max�mUrr� �m��nt ❑f
<br /> �rust�r'� �red it line���I �h�f�1� �s��ai� �ri��3p�1 I��I�n�� af�n�p�-i�r I i�r�s �n#�n e �r�pert�r�e�urin��h�I���, u p t�
<br /> ���rr���cimur��ali��r limits se��n��r�h�N�ti�nal Fl�a�l lr���ran��pr�gr�t�, �r�s�th�l-v,�is� req�ire� �y�.�n��r,�r��i
<br /> t�r��in��in�u��r ar�sr�����f�r tl��t�rm�f��,�l�ar�.
<br /> A��li��tian af pr�G��d�. 7r�s��r sh�l� �r�rn�tl�r n��ify��r�d�r�f�ny[����r d�m���t�th� Pr���rty. L�����may
<br /> rn�k� �r��f�� ���� Ef�'ru�t�r��il� t� �1.� �� �vithin fift��n �'1�� ��y� �f tl�� ��uaCt�. V1f���h�r �r r��t l�end���
<br /> s���sri'�i� i�rr��ir��� ��r�d�r rri�.�r, �rfi L�n�i�r'� e1��i�t�, r���iv�an� r�tai n th� pr����ds��r a�,��r���r���e��� �Ppl�r
<br /> t�n� pra����� t�tl�� r��ucti�� �f��� ln������n��s� ���r�n�r�� �f�n�r li�n aff��tin g tl�� �r��erty, �r th� r����-�,�i��
<br /> an� r��air�f�1�� �r���rty� l�L�r���r�I�c#5�❑ ��p��r��� �r������t� r�sto�-a#ian an� r���ir, Trus��r�I��I� r��a�r or
<br /> f������ ��,� ��rr��g�� or de�tr��r�� �rn�r�v�m�r�#s in a martn�r satisf��t�ry t� L�n��r. ��nder ��i�l�, �.��n
<br /> s�ti�fa�t�ry p���f a# s��h, ��p�rrdttur�, ��y �r� r�i rrtbu rs� Tru�t�r fr�m th� pra����s f�r th� ���sor���l� ���t �f
<br /> r�pai r �r r��t�rati�n if Trust�r i� �r at i n ��f�.�It �rr�er t�is ���d Qf Ti ru�t. A�y �r������ v�rE�i�h h��r� r��t ���r,
<br /> �i���r��� �r��f�E r� �I�� �ays a�ft�r thei r r���ipt�n� wh i�h L�nd�r�as r�r�t ��mmiit�� �� �Yt� r��air�r r�s��ratiar� �f
<br /> �h� ]�rQ���ky�h��! b� t���d�rs�t� �a�r�n�r�m�un��v�iing t�L��d�r ur�d�r��h������ ��T��a�t,th�n t� �a�ac�rue�
<br /> int�r��t, ��t�i th� r�rr�alnd�t�x if any, �hall b� ���li�� t�t�� �rin�i��I h��an�� �f tt�� !r���b��dh�s�. �f��n��r I����s
<br /> �r��r �ra�ee�� �ft�r �aym�r�# ��r ful i �f th� fn���t��n���, �u�� �r�����s �h�ll �� p�'id t� Trr�sk�r �s Tru�t��`s
<br /> int�r�s��rn�y a����r.
<br /> ��mplian�� w�th Exis���� Ir���bt�dh��s. C��rin� �h���ri�� in wlni�h �ny E�i�tirr� l�d�bt����ss ���cri��d ��l��nr is
<br /> i� �ff��k, ��m��i���� wr�t�t th� i nsur�r�c� pr��isiar�s ��nt�ir��� ih the ih�tru me�,t �vid�n�in� �u�h E�i�ti��
<br /> lr��ebt��r�e5� sh�ll ��r��tit�t� ��m�li�n�� v�ith �h�� in�ur�n�� �r�vi�i�n� ur�d�r t�is a��� �f Trust, #Q #h� ����n�
<br /> ��m�li�n��wit�t��t�rrr�� af t�ii� ���� �f Trust wouEd ��r�sti�u�� � d�apCi cat��n �#in�u ran�� r�qui r�rr7�r�#t I��r��r
<br /> pr������fr�r�th� i nsuran������rn� ��y��l� �� ���s,,����r�visi�r�� in#hi� ���d �f�fust f�r�ivisi�n �f pr����d�
<br /> �h���a������ly t�th�t�arti�r��f th��r������n�t��y��le��th��o�d�r���h�E�€�s�ir�g ln���t�dn�s�.
<br /> LEN��R'� �pE[�alTi LIF�E�. �f '�'ru��ar �a3�s ��� f� €���p t1n� Pr�p��k�r fr�� �� �II ta���, 1����, ��c�rit�r int�r�s#�,
<br /> �n�um�r�r����F �n� ��l��r�l�irns, (�� t� �r�vide an�r r��r�ir�� ins�a�an�� �n th� �r�pert�, ��} t� rt-��k� re��ir��Q���
<br /> I�r�}��r#y�r t� ���-r��ly v�rEth ar�y ��1 i���i a� �� r�t��i��ir� ��isti h� C������d��ss �r� ���d ��an�in� as r��ui r�� ��I aw, �E���
<br /> L�n��r m�y d� ��. lt �r�y ��i��, �r �r�c��d ir�� is ��mme���� th�t w�ul d rnat�r�a[�y �f#�ct L�r���r�� inter��t� ir� tF,�
<br /> �r�perf�r, th.�n �.�r���� �n Tru�t�r'� ��hal� rn�y, f��t i� n�t r��Uir�� t�r tak� �ny a�#l�h that Len��r b�l#��r�s �� ��
<br /> appr��ri��� t� �r�t�c� L�nd��'� ir�t���sts. �11� ����n��s in�urr�� �r pai� �y L�nd�r for su�h ��rpa$�s v�rill th�n bear
<br /> int�r��� �t t1�� ��te char�e� ����r th� �r��i� A����m�n� fr�m th� d�#� in�ur��� ar p�i� �� L�n��� t� tl�e �ate ❑�
<br /> r����r�n�n���Tru�t�r. �►�!��€�h ��€��r���s�i[1 b��Qm�� ��xt�f t�n� I���bt��n��s and, at L�nd��s��ti�r�,�ri[� �A� ��
<br /> ��}rai�l� �n ��m��t�; ��} b��c�d��i t�tl�� ���an�� ❑��he �re�i�A�reer-n�nt�nd I�� ��p�r#i�n�d �m�n� ���I f��p��ab��
<br /> v�ith�r�y ir����ll�rt�r��p�yrr,�r�t�fi��e�vrne�u�durih��i�h�r ��1} ��f�rm�f any appl��a�l�ir�surar���poli�y; �r {�� th�
<br /> r�m�in�r��t�rn-7�f��n��redit A��-��m��rt; �r ��} ��tr��t�d a� a���ll��n��yrrt��t u�r1��c��rrill ��d���n� ��y��l��t t��
<br /> �r��it A�r��m�n�'�m�turit�. T�� f����a�Ti ru������vtir�11 ��c�tr� ���rrr,�r�t��#hes�am��nts. Th��i�hts�r��ride�f�r ar�
<br /> thi� ��ragr���i �I��li �� ir� �dcliti�r�t� ah� ot���rights❑r a��r r�m�di�s�ta v�[�ich l�����r rn�y f�� �ntitl�d �� ����urtt�f
<br /> an�r de�aul�. Any s�ch ��tion �y L�r�d�r �h��� ��t b� c�ns�ru�d as �ur�n� �I�� ����ul�s� �s t� ��� L�r���r�r�m an}r
<br /> r�rr��dy that it atl�erwE�e�r�uld hav�ha�.
<br /> V�fAR1�4h�T1�a��F�N�E�F T�TLE. Th�f�lf�v�irt��t���ris��r��r�l���r��t���rr�er�i�ip��th�Pr�p�r�r��-����rt�f this���d
<br /> af Trus�:
<br /> Ti�l�. Trust�r w��r�nt�tl���: ��� Tr�st�r�,��d� ���� �r�� rn�rk��ab.l�ti�le ❑�r��Qr� t�t�+� �ro���k�in f�� �im�l�,
<br /> fr�� and cl��r�f�[I ii�n� ��� �ncum�r�r�c�s �tl��r t�iar� tf��s� s��f�r#}� ir, t�� I���I Pr���r�r����ri��E��n �r�r�th�
<br /> ��ci�t��ig 1 nd��te�ness�ecti�n bel�w ar i r��n��itl�in�u r�n����P��y, tif�� ��p��,�r fina I titl�api�i�n E�su�d in fav�r
<br /> ��a �r�d a�pt�d �a�, L���er in �ann��ti�n �nri�h th€s ae��i �f Tr��t, �r�� (�}T�'��t��has th� ful[ ri�hfs p�v�v�t',�n�
<br /> ar�fl���it�r t���€�c�t�arid d�li�r����ris���� �f Trust t���r���r.
<br /> D�fen�� af Ti�1�. 5u����t t� th� ��c���tE�n in �h�� p���r��k� �1���e, Tru�t�r w�rr�r�ts �n� �nr�l! f�r�v�r����r�d th�
<br /> �iti�t���� �r�p��ty���ir�st tl��l��ul �fa�ms af a�I ���-��ris. Irt ti���ve�t�ny acti�n ar�rac���#fn� is c��rnm�nc��
<br /> ��n������ti�ns Tr��t�r's titl��r��r�irt��r��t af Tru�t���r L�r���r uri���t}�i����� �f'�ru��,�rusta�-�f�al�d�#��r�d the
<br /> a�ti�r� �t Yrvs�a����p�r���. ��-u�t�r rrsa}� be the ��rnsrt�l ��rt�r i� �uch �ro����in�, ��� I�����r�h��� b����itf�d t�
<br /> p�r��cEpa�� in #h� pr�����i�� �n� t� �� r��r�s�r���d i r� th� p�����d��g by ���n�el af Lend��`� Qwn �h�i��, �r��
<br /> Tru�t�r wi[1 d�li�r�r, �r���se t��� ��[iv�r��,t� ����1�r�u�h ir�strum�nt� �s L�r�d�r rn�y r��u��t�rarr�tim�ta tir�n�
<br /> #���rmit���1� �a r�iGipatia�_
<br /> ��rn�li�n�� �1fi�h ��ws, Trustar w�rr�nt� th�t tF�� F�r�p��ty �r�� T�u�t��� t�s� �f��r� �r���r-�y �ompl�e� �vit� all
<br /> ��i�ti r�����[i��l�S�C�v��a�rdi r�ane��,anc�regut�tians�f�a�err�m ents[�u�h�ri#i�s.
<br /> ��rw�v�! �� ��-or�tis��. 1�[1 ��'�rr�i���, �g���mer�t�, ��d �tatem�nts Tru�tar ��s rnad� �r� �hi� ����i ���"r�.r�� �hal�
<br /> ��r�i�re�he �ecutsan ar�� d�liwer�r �f thi����� �f Tr�s�, �h�12 b� ��r�tinuirr� E� r��tur��r�d ���lC�r�r��i� �r�fi.tll f�rc�
<br /> �r�c��ff��t�r�ti l s��h�ti���s�rust�r's I r�d�bt�dness is pai�in fu[�_
<br /> F�1�TI C�l��N���7'����SS. Y3��fa[I�v�i ng pr��ri�i�n���n��rnir�� Exist�r�� In������e��s��r������f t�i����I�f T��t:
<br /> E�i�tin� Lier�. T1n� 1 G�r� �f this ���� �f Tr��t ����rE�� tt�� I n������r��ss �na� �� s���r�dary ��d it��eriQr ta �
<br /> �:�cis�ing lien. �fu5t�r��c�res�l��auer�����and ��rees t� ���►, �r s��t�th���ym��rt�fy tf�� E���ti�g Ir���}�t�dr����
<br /> ������ar���r�t a�y��f�ult�n �uc�i�d��t��r��s�, a�y�efau�t ur��et�th��n�tr�rnehts�vid�r��rn��uch i�n��bt��n���,
<br /> ��'ar��r de�aul��snd�r any��curi�y���urn��t��ar su�h i�n�f�k����r���s.
<br /> h�a Nladif�ation. Trust�r��na�� n�� �nt�r Er��� �n�r ��r���-n�nt vtiri�l� �1�� i��l��r ���r�y r���tg���, ���� �#tr��t, �r
<br /> �th�r ����ri�jr ���-��r��r�� v►f1���f� h�� �ri��`it� �ve� ��i� aee�l �# Tru�t i�y �vhi�n tE�at agr��inent i� rr�adEfi�d,
<br /> am�n���, �xten�ed, �� f�n�w�d �nrith�u# tl�e �ri�r�rit��n ������t �# ��n��r� Tru�tQr �haCl n�ith+er r���a�st�n�r
<br /> a�������rty fu��r��d�r�r����ur�ti�r�r�y���h se�urity a����rner�t wi��i�u#t}�e priar uvritt�n cc�n��nt�f��nd�r.
<br /> ��t�aEI�NAT���f. T��f�[���rin��r��risi�n�r�l�tin�#���n��rr���ti�r�pr�����ir��s�r��p��t�f t1�3s���t��f Yrust:
<br /> �r�G��d�t���. If �r�� �ra����in� ir� ��nd�mna�ti�n i� �il�d, Trusfar shalf pr�rnptl� n�tify �enr���- in writ3�c�, and
<br /> Tr��t�r shall �ram���y tak� su�h �tep� as ri-ray h� n�����ar�t� ��f�n� th�� ��t��n �n� �k�t�it� t���w�r�. Yrr��t�r
<br /> tr���b�tY����mina���r�y i r�s�e�pr��eed�r�}, bu�L�nder sh��[be en�i�l�d����r�i�i��,��in#h��r�����it��and��I��
<br /> r��re��nt�d in th� p��c��di�� b}r c��n��i �f i�� �wn ���i��t �r�� Tr��k�r v�rill ��]E��r�� ��us� t� �� de�iver�d t�
<br /> L�ri�i�r �u Gh �r��tr-um�nt� an� �oG�rr��n�a��an a� ma}� �� r���e����# I��r L.�n�i��fr�� tim� t� t�m� t� ��rrx��t su��n
<br /> partiGi�at�on.
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