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<br /> ��E� �� f F���T
<br /> L��n �a: ���7���� �����iC����I} P�g� �
<br /> ��������din� �ara�r�ph.
<br /> F��.L P�RF�RI�l�4 N�F. If 1�arr�w�r a r�d Tru�t�r ��� a�l �1�� 1 r�d��te�f n�s� �h�n ���r a n�[Tru���r��h��v�ris� p�r��rm� �]I
<br /> th� ��lig��ti�r,s i r�p��e� u����'ru���r un��r thi� ����I �f Tru��r L�n��r��naE I �x��ut� ar�d d�lr��r t�Tru���� � r��u��t��r
<br /> f�ll r���nv�yan�� �n��h�l[ ��c���at� ��d d�li�r�r�a Tru�t�r suit��[�st�t�m�n�s �f t�rminati�n�f��y�rir�an�in� �tat�rn�nt
<br /> ar� �il� ��i��rt��n� L�n��rr� ���u��ty ir�t�r���in �h� Fi�nt� �n� �h� Pers�n�� Pr�g�r�r. Ar�y r���r,���r�r���f�� r��uir�� �y
<br /> l��r,f�h��l ]�� p�i� b�r�T"rust�rr i�p��mi��d by ap�li���C� faw.
<br /> �1l�t�T� �� �EFAU LT. E��l� ��th� fo2l��vi n�, ��t L�nr��rt� �pti�r�r �h�l[ ��nstit��� �r, Ev�rtt�f a��r�u[t ur�d�r tl�is �ee�
<br /> �f�'r��t:
<br /> �ayrn�r�t�e�a�,it. ��rr�w�r��sl��� m�l�� an�r p�ym�nt v�rh�r��u� und�r th� lnd�l�t�dn�s�.
<br /> ��h�r ��fau�t�s. ��rr��v�r �t� Tru���r f�il� �� ��rn�1y r�rit� �r �v �aer#�rrr� any a���r ��rm, ablig�ti�r,� ����r�ar�x �r
<br /> ��r��iti�n �Qr��ai n�� in t}�is D��d ��r Tr�st �r i n �r�y�f�h� Rel�t�d ���ur��r,�s �r�� ��rr��ly�rvith �r�a ��rf�rm �ny
<br /> t�rrr,, �bsi��ti�n� ����r�a r,��r��r��[iti�r� ��n�a in�� i r�a n�r�th�r a�r��m�nt h�tv�r��r� L�r�d�r���1 ��r�av�r�r�r Tr����r,
<br /> ��mpli�n�� D�f��lt. Failur� t� ��rri�ly wi�h �r�y �th�r t�rm, �k�Eig�ti�nf cov�n�nt �r ��r��iti�r� �or���iri�d in �his
<br /> ���� �f Tru��� t�� [��t� �r�n�n�r��th� Relat�d l��c�rrt�r��s.
<br /> I��faul��n ����r P�ym�r�t�. F�i��r� �f Tru���r v�ritl�i n�h�ti m� reqt�ir�� by this ����i ��Tr��t t� m�ke ��ty���rt��r�t
<br /> ��r ta��s�r ir��u�ar���, �r ar��r�tl��r paym�nt n������r�t� �ar�vent fiilin� �f or t� �ff��t�rs�l��r�����r�y[ien.
<br /> a��F��l� ir� F�v�f �f Thir�I ��rti��. S��uld ��rr�w�r �r �r�y �r�nt�r ���ar�l� unc��r any l�anr ��cten�ian �f �r�di��
<br /> ���urity��r��rn�nt� �u��l��i���r ��I�s ��r��m�nt, �r any�ther a�r����ntl in f��r�r��F �r�� ����r�r��it�r �r��rs�n
<br /> th�� rrt�y m�t�rial��r a�r��� �€�y �f B�rr��v�r'� �r �r,�r �ra�t�r's �r����y �r ��rr�v�r��'� ��ili�� t� r�p��r th�
<br /> [n��b���n��s �r ��rr�v�r�r's �r �r�r����'� ��ility t� ����rm th�ir r�����ti�� �bli��ti��s un��r tl�is �ee� �f Tr��� �r
<br /> �ny���1�� F��la��� D���m�nt�.
<br /> F�I���t�t�r��r���. Ar�y w���-�n�yr r�pr���nt�ti�rt �r�t�t�rn��nt mad� �r�urni�h��t� ��n��r �y B�rr��r�r�r 7r��t�r
<br /> Qr �n ��rr�w�rT� �r �rr�s��r'� b�ha[f �r,d�r th i� a��d �f Tru�t �r tl�� ael�t�� a��ur��nt� i� fa I�� ar m i�[��di r�� ir�
<br /> �ny ma��ria[ r��.����� �i���� r��v� �r �t tl�� �im� m��� �r f�arnR�h�� �r b���rn�s fals� �r rni�le�d�r�� �t �n�r �im�
<br /> tl��r����r.
<br /> ��f��ti�r� ��ll�t�r�l����ian. �F�i� ���� �� Yr��� �r an�r �f th� R�[�t�� ���urn�nt� ��a��� t� �� ir� #u�l ��r�� �r��
<br /> �����t {i��!u�in� fai lu re �� �rty ��11�t�r�] ���um�r,t t� cr�a�� a r��l�d �r�d ��rf����c� ����r�t�r i�ter�st �r �i�n} �t a ny
<br /> tim� �rr�f�r�r�y r��s�r�.
<br /> 1nsQ�v�n�y, �h� �iss�E��i�n�r��rmin����n�f�arr�v�r�r'��r Tr�st�r'���ist�r��� �� ���i n� �us i��s�, th�i n��Ev�r���
<br /> af �a�r�v�r�r �r Tru�t�r, tl�� a����ir�trr���t �� � r���iv�r ��r �r�� par# ��r ��rrav�r�r'� �� Tru�t�rr� �r����ty{ �r�y
<br /> �issi�r�r��n� ��r tf�� ��n�fit �� �r�aiit�r�, �ny typ� a� �r��it�r w�rfc��t� �r tY�� ��mm�n��m�r�# �� �ny pr�����ir��
<br /> un��r any b�r�kru�at�y�r i������r,�����nrs �y�r���inst�a rr��r�r�r T�ust�r.
<br /> �r��lit�r �r F�rf�i�ur� Fr�����ir���. �arr�rn�r���m�r�t �f f�r��l��ur� �r fQr��it�r� pr�����lin��r v�rh�th�r by ju�i�i�!
<br /> pr�c��di��� ��Cf-l��l�� r�������si�n �r an�r �tl��r r��th��r �y any �r��i�ar �f ��rr�v�r�r �r Tru�t�r �r hy an�
<br /> ��v�rnm�n'��] a��n�y a�a�n�t �ny �r���r�r s�curirt� tl�e Ir����t��r����. Thi� in�l���� a ��rni�F�m�r�� �f �ny �f
<br /> ��rr��rtir�rr� �r 3ru���r'� �����n��� 1Cl,f'rIC1�ICI� �I�����t ����Llnt�r with L�n��r. E-��vv�v�rl thi� E�r�r�t �# ��#��1�sh�l�
<br /> n�t ��ply i�th�r� i� � g�ad f��th disput� ��r B�rr�vtir�r �r Tr����r �� t� t�� v�IR��t�r �r r�as�n��[�r��ss of th�� �[�ir�t
<br /> w hi�f� i� th� ���is ��th� �r��i��r �r f�r��itur� pr����d`rn� a r�d if��rr�v��r�r Tru���r�iv�� L�r�d�r wri��n n��i����
<br /> th� �r��it�r�r f�rf�ttur� �r�����i n� �ri�l d����i#� v�i�h ���r��r m�ni�s �r a sur���r b�n� ��r th� �r�€�itar�r��r��itur�
<br /> �r�����i n�r in an ar����t�e��rm ir��d by��n��rr i� its s�I�d i��reti�r,� as ��ir�� a r� �d�q u��� re��r���r f��n�f�r t��
<br /> �is�ut�.
<br /> �r�a�I� ����h�r��r��m���. �n� br�a�h by ��rrav�r�r �r Trust�r ur���r t��t�rrrys �f�n�r�t�r�r a�r��m�r�t E���w��n
<br /> �arr�v�r�r �r Tru�t�r �n� L�r���r ���t �s r��� r�m��i�� �ithin �ny �ra�� p�ri��f pr�vid�d ���r�ir�, in�[udin� v�ri���ut
<br /> l3rni���ian �n�r ��r��m�nt c�n��rr�ir�� any �nd�bt��n�ss �r �tl�er a�li�at��� �� ��rr��r�r �r Tr��t�r t� L�r�d�r,
<br /> �rtir���h�r��istin� n��v�r I���r.
<br /> Ew�n�� A����in� ���r�nt�r. Any �f ��� �r����iri� �v�r�ts ������ �vi�h r�s���t �� ��y �u�r��t�r �� a ny �f t��
<br /> �r�d��t�dri�ss �� �ny ���r�ntQr ���� �r ����rr��s in��rr���x�n�, �r r�v���s �r d i�p�t�s th� v�l����y �f, �r 1 i�1�i li#�r
<br /> �n��r� ��y�����n�}r�f th� Ind�bt��n���.
<br /> A������ �I��ng�. A m�teri�l ��v�r�� �han�� a��u rs in �arr��nr��'� �r Tru�t�rr� fi r��n�i�� �.`�C`IC�I�i�]`ir �r L�nd�r
<br /> b�l i�v��th� p r��p�ct�-����rm�nt�r p�rf�rrn ar����f t}�� [r�cf�bt��r��s� i� �m��ir��.
<br /> Ins�Guri#y. �en€��r�n g�a�f�ith E��I���r��i�s�l#in���r�r�.
<br /> RC�HT� �NL� R�I�E�IE� �N F�FFAL�L�. ff �� E�r�nt�f �e�ault����r� und�r�[�i� ���� �f Tr�rst, at �ny tim� th�r��ft�r,
<br /> Tr�st���r L�nd�r rr�a����r�i�� �ny�n� �r m�r� ��th�f�l l�v�in� ri�ht��r�� r�rr���i�s:
<br /> A���Ie�atiaR[J�aon C�e�ault� A�idit�onal F�em��i��_ If a ny �v��t�f ���a ul����urs �s ��r�I��t�rms a�th� �11at�
<br /> s��ur�d ��r��yr L�r����ma��l��lar� all [nd�b���r���s s��ur�d f�y tl�is �e�d ��Tru�t�a b� �u��n� p�ya�[� �n�
<br /> t����m��h�[1���r�u��r� ����m�du� an� Raya�[� �nrith�ut any���s�n-tm�nt, ����n�1 f �r�t����r r��ti���f�r�y
<br /> �ir�d. Ther�aft�rr L�n�i�r m�y:
<br /> {a} Eith�r i�t ��r��r� �r �y �g�r��r �v i�h a r �nritha�� bring in� �n� ��ti�n �r �r�����1i r��I �r ��r � r���iv�r
<br /> ap��in��d �y� ���rt ��� with���r���r� t�tf�e �d��u��y�f it� ��cu��t�, �nt�r up�n �r�d �ak� p����s�i�n
<br /> �f the �r���rty, ��������t tf��r��t, �n its a vtir r� nar�e �r i r�#h� r��r�����rr��t��r an� d� any��t�vtir f�i�f� i�
<br /> d��m� r�������ry�r�I��ir��9�t� �r���rv�tf�� ��[u��rr��rk�t��ili�����r��al�Elity�f�E�e �rop�rt�r ❑r p�rt��
<br /> th� �r�p�rt� �r i r�t�r�st ir� �1�� �r���rt�r i ncrea�� tl�� i�r��m� fr�m �h� Pr���rty �f �r�t��t t�i� ���urE�� �f
<br /> �h� Pr���rty f �n�r v�ritl� �r w i����at tal�i r�� �����ss��r� �f t�� �����rt�� s u� �ra r ar a�E��rr�r i�� ��ll��t t[��
<br /> r�r�t�, i�su�s ��d �r�fits �f the �r�pertyF includin� �h��� p��# �l�[� and �anp�id, �r�d �p�[y tl�� ��rr,�, I�s�
<br /> ����� �n� �����s���f���r�ti�n �n� ��[l��ti�rt�tt�rrt�y�' ���sr�� �ny ind�E�ted ne���ecur��i by thi� ����
<br /> �f Tru��, �il i r� �u�� ��d�r �� Len��r m ay d�t�rmin�_ Th� �nt�rin� ���n a r�d t�l�i r,g ����essi�r� �f �[��
<br /> Pr�p�r�y, ��� ��ll���i�n af ��a�h r�nts� issu�s and �arafr�s� �r�� tf�� ����i���i�n th�r�a� �h�l i n�t ��r� �r
<br /> ��iv� �r�y d���u[t�r nati�� �f ��fau�t Und�r�his ���� �f Tr��t �r in�r�fi��t� �r,y ��t��r�� �r� res���s� t�
<br /> ��,�h ��f�,��t�r��r�r�a nt t��u�h n����� �f���a ult� ��td r r����v it}�st�ndEng th�� �on�inuan��i� ��s������n ��
<br /> tl�� �r���rty ��th� coll��ti�n, r�c�i�� �n�i ���fi���i�n a� r�nt�, Essu�� �r pr�fitsl Tru�t�� �r L�nd�r �ha�l
<br /> b� �n-�i���� �� ���r�i�� �v�ry ri�€�t�r��rid�� f�r ir� t�� f���� �r t�� F�elated ao�um�nt� �� �y ��w ���n tl��
<br /> ����rr�r,ce���r�y���nt��d�fault, in�lu�i r��th� ri gh��� ���r�is��F�� ���ver�f��I�F
<br /> ��� ��rnrr��n�� �r, ��ti�n t�f����l�s��his ��ed �f Tr�st�� a rr�a�-t�ag�f ap�ain�a r���iv�����p�cifi��[ly
<br /> �nf�r��an�r�f the ���en a nt���r�of; anc� �
<br /> ��} ��liv��t�Trust���v��'3tt�r� �e�f�r��i�r� �f d���ul��n���mand f�r s�l��n� � v,rri��� n�ti������f�ult
<br /> an�i el��tion t€� �ause�rust�r's in��r���ir�th� Pr���rty t� k�� ��1�, v�r�i�l-: r��ti��Trt�st��s�all c���e�o ��
<br /> ��ly filed f�r r���r�I i��h��p�r��ria���ffi����f�i�� ��ur�ty i��rhi�h the I�r�p�rt�r E��������]r �n�
<br /> {�� 1f�lith r����c��� �EI �r �ny ��rt�f tl�� Per��n�l Pr�p�rt�rr L�r���r sf��lf ��v� �l[th� ri�ht� ar�� rerr���i�s
<br /> �f����ur��! p�rt�r ur��{��t[�� f�l�b���[�a Uniform ��mm�r�ia[ ���1�.
<br /> ��reGla�ure by Pow�r�f��I�. lf��n��r�I��t�t� f��'��l�s� t�y�x���i���t�th� �av�rer af�a[� h�r�ir� ��nt�in��r
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