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<br /> ��E� �F �TF���T
<br /> L��� �I�� ��]�1����i {���t��u��l} ���� 7
<br /> ��unt�r�iair��r��r��rt I��r�ny p�rty���.ir�st�r���th�r�arty-
<br /> 1�1l�i�r�r �# �I�m��t�ad Ex�rnpti�r�. TrUstar I��r��� ��f��s�s a�� v�r�iv�s all ri�h�� �nd �en�fit� �# tF�� h�rr�����a�l
<br /> ��c�rr�pti�r, I�v���f tl�� ������f 1V��r��l�a as t� ��l Ir�d��t��n��s s��ur�� ��thi� �����f Trust.
<br /> ���INITI�N�. Th�� ��l[�wirr� ���itali��� v�r�r�s �n�C t�rms �ha�l �av�th� f�llav�rir,g �-r,��ni��� vtirf��n ���� in �h�s ���d ��
<br /> Tru�t. U r�l�s� ����i�i���I� �t�t�d �� th� �a�tra ry f �11 r�f�r�r���� t��I�[1�r �m�u nts �h�[1 m ean �m�urrts Er� [��rvfu�[ rr��n�y
<br /> �f th� �n it�d �t�t�� �f Am�ri c a. �I'4#�rd� �r�� ��rms u��d i r� th� �i r��u I�r ��a[] in�lu�f� tF�� �[ur�lr �n� th� pl ura! shal l
<br /> ir,�lu�� th� sin�ula�r� �� tF�� ��nt��t m�y r��uir�. Vlf�rd� �n� t�rrr�� r,�� ��her�nri�� ���ir��d in t�i� ���d ��Tr�,�t sl��l�
<br /> h�ve�h� r�t��nin�� �ttril��t�€�ta�u�h t�rms [r��tl�� �r�if�rm ��rt�mer���l ����:
<br /> �er���i�iary. T���rv�r� "B�n�fi�i�ry" 171��'�S E��1C��I��$ �$ri�� �n�t i�s�����ss�rs �n� as�i�rrs.
<br /> B�rr�u�r�r. Th� w�rd "��rr���r" rrt��r�s 1�E1�1 N F� II�I I L��R and in�l��t�s a!1 c�-�i�rr�r� �ncl ��-m�I��r� si g ni n� t[��
<br /> [��t� �ri� ��I�heir s�������r� an� ��si�n�.
<br /> D��d �� Trust. T�ie vv�r�s "���� �f �rr��t" m��n this ���� �f Tru�t ��,�n� Tr����r, �����r, ��d Tr�st��, �r��
<br /> ir��lu��s �vEth�ut lir�r�ita�i�n �I[ a�si�r�m�r�t �r�� �e�urity int�re�z pr�vi���ns r�[atir�� t� ti�� �er���al �r�p��ty ���
<br /> R���s.
<br /> ��f�ult. T1��w�r� "��f�t�l�" rri��r�s th� ���aul�s��f��th in this ����J ��Tru�t in tf��s�c�ion�a�l�� "Defa��t'�.
<br /> Er�vir�nmen��l ��w�. Th� �r�rds "Er�vir�n�r,�nt�l ��v�r�" m�an any ��t� �If �t�t�, fed�rai �r�� l��al �tat�t��,
<br /> r��u�ati�ns a n� �r�ina���� r�l a�iri� t� �F�� �r����ti�r� a� h�m an h��I�€� �r �h� �nvir�nm�nt, i r��l udirr� �nrit}��ut
<br /> lit�it��i�r� tYt� ��m�r�h�n�iv� Envir�r�rn�r�t�l F��s��r���{ ��rr���n��tiQrtr an�f L.iabifity �ct �� ����r �s �m�n��c�r ��
<br /> �,�.�. ���ti�r� ���1, �t s��� („�EF��LA"�r th� ��ap�rf��� Arn�n�rn�r�t� �r�� F���utl��riz�ti�n }��t �-f 1�8�, Pr��. L_
<br /> f��. ��-�.�� �"��F�A"}r th� Ha��r€��us �Vl�t��3�ls�r�ns��rt�t��n ��tr �� �.�.�. ���tian �[���1, ��s��-r t�� F�����r��
<br /> ��n��r��ti�� �n� F�����r�r�Act� �� 1�.�.�. ���t��� ����, �t�eq.r �r�th�r ���[ic��l� �t�t� �r#ed�r�] I���, ��l�s,
<br /> ar r���[�ti�r,s ��Qpt�� ��r�u�nt th�r��a.
<br /> Ew�nt�f��#�ul�. T[���r�rd� "E�r�nt af D��a�l�#' m��n �ny�f th� �v�r�ts�f cf�#���t��t��r�h in�his a��r� a#Tru��ir�
<br /> tl�� �v�nt� af��f��lt s��ti�n a��h�s a���f�f Tru��.
<br /> �u�r�r�t�. TF��vtir�r� "��a ra nt�" r���r�s th�� ��arar�ty fr�rrti �u�r�r���r, �n��r��rf �u r��yr �r a����r,rrt��ati�r� ��rty t�
<br /> �en��r� in�lu�in��rtiritf����limit�ti�r, a gu�r�nty vf�1[�r part a�th� N�t�.
<br /> H���rd��� �ub��an���. Th� �nrar�� "Ha��rdau� �u�s��ri���" rr���n mat�ri�l� th�tr ���au�� �f tl��ir ���nti�yr
<br /> c�n��r��r�ti an �r �hy�i��l� �l��rr�i cal �r i n���ti�u� �h����t�ri�ti��f rr���r c�u�� �r ���� � �r���nt �r ��t��ti�l ha��rd
<br /> t� h�r��n h��l�f� �r th� �nvir�nm�nt vtirh�r� irrtip r���rly u���r �r��t�c[, ���r��r �i�p�s�� ��1 ��r��r�t��r m��n��r��t����r
<br /> tra r�s��rt��2 �r �the rwi�� l�ar��I��. SF�� v�r�r�s "H�zard�us �u�sta r�c��" �re us�� in th�ir ver�r f�r�ad��t ��ns� �r��l
<br /> irr�l��� v�rith��t limi�ati�n any �nd a[] haz�rd�u� �r t��i� s�b���n���, mat�ri�ls �r v�r��#� �� c[efir��d by �r li�t�cl
<br /> �n��r�h� Er�vir�nrn�r�t�l La�+rs. T��t�rrr� "Ha��rc[��r� ���stan���" �Is� i���u���f �rv=�h��t limi#�ti�nr ��t�a[�um �r,d
<br /> �e�r���urr� 1ay-�r�������r any fr��tian tf��r���and ��b��fi��.
<br /> Irrrpr��r�Fr,�r�ts. Th� �r�r� "Impr�u�m�nt�" m�an� ��I ��istir�g ar�� f�tt�r� �mpr�v�m�r��sr �uildin�sr struc��r�sr
<br /> m��;I� f��m�s �ffix�� �� t�i� F���] �r���r-�y� f��i Iiti�s r ���fiti�n�, r�p[a��m�r�t� ar�� �th�� ��nstr�r�t��� �n �h� ��a F
<br /> �r���r�y.
<br /> In d�bt��ln���. T�� v+��r� "[nd�����n���" m��n� al[ p rinc i�a[� �r�t�r��t� �r�d ��h�r arc���r�tsF ���ts �r,d ����ns��
<br /> ��y��l� un��r th� N�t� �r R�€�t�d a��urr,�nts, ��g�th�r �ri�h �lf r�n�v�r�l� �-fr ��t�r,si��� ��, rr��dific��i�n� �f,
<br /> ��r�s�l id a�i�n� ���n� �u�stituti�r,� f�r�h� f���e �r F���at�� D��um�nts �n� a�y a�rr,�ur�#s �x��n��� �r a�l�a n��� by
<br /> L�n��r �� �i�cl��rg� Tr�ast�r'� ��li�a�i�n� �r ��cp�r�s�s irt�urr�d �y Tr��t�� �r L�r�d�r t� �r�far�� Tru�t�r's
<br /> ���i�ati�n� �r�d��this D��d �f Tru�t, ����fil��r with int�r��t �n �uch amar�r�ts as pr�vi���1 �� ��is ���� �f Tr��t.
<br /> ����i�i��ll�, v�rit€��ut Iirr�i�ati�nF €n���t��n��s i�c[ud�� �h� fu��r� �dv�r��e� s�� ��rth in th� �t�ture A��ran���
<br /> �r�visi�nr t���t��r v�rith ��I int�r�st t�i�r��r� ar�d �I� �mQ�n�� th�t may �� ir�dir��tl� s��ur�� by �h�
<br /> �ra�s-��ll a��r�l i���i�r� �r��r��i�r� �f�hi� �����f Tru�x,
<br /> L�n�i��. Th� v�r�r� "L�nd�r" rr���r�� Equi���l� g�rrl�r i#s������s�rs an� �s�i�ns.
<br /> Na��. Th� w�rd "h��t�" m��n� th� �r�mi���ry r���� da��d A��u�� �[�, ��1�, i[� th� ��'i�iri�� �I�I������
<br /> �rn�u r1� �f ���,�"i�.��fr�rr��ru���r�� L�n�I�r, t����h�r v�rith af 1 r�n�w al� �f, ���n�i�ns �f� m��if��ati�n��f,
<br /> r�fir��r��i€��� ��r ��n��li���i�n� ��r �nd �u�stitu�i�n� f�r tl�� �r�mi���ry r��t� �r ��r��e��r�t. N�T1�E Ti� T€�U�T�F�:
<br /> THE I��TE���11TAIN� �►�f�4F�I��LE INTEF�E�Y R�TE.
<br /> ��r��nal Fr�p�r�y. Tl�e v�r�r�s "��rs�r��[ �r���rty" rr��an all ���iprr��nt, �i�-tu�esr ar�� �th�r �rti��e� �f p�r��n�l
<br /> �r���rty r��v�r �r ��r��f��r av,rn�d �y T��st��, �n� rr�w �r ��r��ft�r ��a�he� ar ��i�c�� t� th� F��a1 Pr���rt�r;
<br /> �ag��h�r ��th all ������iar��� part�, �ri� ��[diti�ns ��r �ll r�pl���m�nts �fr �n�i ��I �u�s�itutians farr �ny �� s��[�
<br /> pr���r�y; �nd �a��tC��r wi�h �1[ �r���e�l� (in�i ud[r�g �itf��u� lirriita�i�n a[1 i���r�n�� �r�����1� �t�� r��u r�ds ��
<br /> premiums] fr�rr� any��f��r�th�r dis��siti�� a#th�� Pr�perk�.
<br /> Pr�pert3r. Th� v�r�r�i "Pr���r�y�' rr���n� ��[l�cti��l�t1�� F���l �r�}��rt�and�h� P�r��n�l �rop�rty.
<br /> F���I �r���rt�. Tl�� vxra r�s "R�al �r�p�r��" m��n th� r�a[ �r���r�y, i r�t�re��s and rig h�s r �� ��rth�r ��s�riE��d i�t�t�s
<br /> D eed �f�r���.
<br /> F��lated �a�um�nts. Th� vtir�r�s "R�I�t�� ���ur�r�r�t�" m�an al I pra mz�s�ry r�����f �r��i� a�r��rr����s� [c�an
<br /> a�r��rr��nt�r �nvir�nrr��ntal �g��er��nt�r �uar�n�i��, �e�uri�y ��r��m�r�t�r rr,�rt����s, d��ds �� tr�s�, ����ri�y
<br /> ���ds, ��lla��ral rr��r�����sr �n� al]_ �tJ�er -ir�strum�r���r ��r��m�n�s and d���m�r���r v�h�tl��r rr�� �r ��r��ft�r
<br /> ��i�ti n�r ��c��ut�d ir� ��r�����i�r��nrith th� �n�i�b���n�ss_
<br /> F�er��s. Th� irv�r� "F��r�ts" m��t�� �II,����s�r�t ��d �utur� rent�r r��r�n��s� i€���m�, iss�t�s f r���Eti��r Rra�it�r and
<br /> �th�r b�r��fits d�riv�d�rom the �'rap�r��r� . �
<br /> Tru�te�_ �h� ��r� "Tru�t��" r��a r�� Equ it��le g�r�l� {�ra nd lsl�n� ���i�n�r w�t��� ���{re�s is ���-�15 N L���st
<br /> ��f P� ��� '��O�r ��-and Island� f�� �����-���� ar���r�y�ul�stitut� �r su��e�s�r tru�����.
<br /> Tru�t�r. Ti��v�r�r� "Tru�t�r" m ea n� K��I N � �III�I�EF�.
<br /> 7�U�T�F� A�KN��lI�LEa��� H�41�1 N� F�Er4� A LL TF�� PR�1�1�I�NS �F Ti HIS D��� �F TRLl�Tr A N a �`I���TC�R
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