2� 1 ��54�9
<br /> I��E� �F f F�I��T
<br /> L�ar� iVa: �"i�'l"���� �����[����� ���� �
<br /> ����r��� �rr���nt� as L�n��r rr��� r��u��t v�ritl� Tr����� �n� L�n�i�r f��i€�� nar��� a� a�diti�n a[ ins ur��� i n s��h
<br /> [i��i[it� ir�surar��� ��[i�i�s. ��c�iti�naf�yf Tru��ar �h�ll ��intain �u�2� �tl��r ir�sur�n��, in�l�c�in� b�� n�t �im�t�� t�
<br /> h��a r�r b u�ir�es� i n�t�rr��ti an r ar�d b�il�r ins�rra r�cer �� L�r���r rna�r r�a��n�bl� r��uir�. P��]�C�S ��'1��I �� �r�tt�n i n
<br /> ��rm, �rr��unt�, ��v�ra��s �n� ��si� r�as�n�k�[y ������ab[� �� L�r,d�r �r��] i��u�� l�y � ��m�a��y �r ��m�ani��
<br /> r��s�n��[y a��epta�l� �� L�n��r. Tru�t�r, ���n re�{u�st �� L�nr��rr wil l de�iv�� t� ��n�er fr�m ti rr�� t� tirr�� th�
<br /> ��li�i�� ar ��rttfi��t�� ��ir��ur�n�� in fQr�n ��ti�f��t�r�t� L�n��rf ir,�luding sti�uC�ti�r�� t�a��Qv�ra��� �nrill r�at ��
<br /> ��r�c�Cl�� or �liminish��i ,nrith�u� at I���t t�r� {1�� d�y� �ri�� �rrrEtten n����� �� f��n��r. E��h in�u��r��� ��li�y �l��
<br /> s�a�l in�lu�� �n�n�i��r��m�r�t����ri�ling th�t c�v�ra�� in fav�r�f L�nd�r v�ri[] r��t��irr��a�ired �n any v,r��r�y�ny��t,
<br /> �mi��i�r� �r�����1����r��t�r ar any �th�r p�r��rr. �h�uld #1�� ���I Pr����ty �� l��at�� in �n ar�a ��si�r�at��l ��
<br /> th� A�m inis�r�t�r�f tf�� F��i�r�l Err��r��r��y M�n���r��r��A��n�y�s a s�e�i�I fil���! ����rd �r��f Yr��#�r ag r��s t�
<br /> ����in �r�� r��intai n F��i�r�l F[�a� ]€��uran��F if ��r�i I�k�1�� f�r th� ��11 �n pai d pri n�i�af ��l a n�� �f th� I��n �r�d �r�y
<br /> �riar Iz�n� an tf�� �r���rty s���rin� th� l��r�� �� t� th� r�-3��irr�urr, ���ic� �ir�it� ��t un��r �1�� �lati�na[ Fl��d
<br /> I ns�r�n�� Pr��rarn, �r a��th�rw i�� r�q�ir�� 1�� L�r���r, �nd ta m�int�in����in�r�ra n���ar�h�t�rrr��f��� I��r�+
<br /> A��I��atiort Q�F Pr�����s. Tru�tar �h�II pr�r���l�r r��tify L�r,d�r�f��iy C��s �r �ama�� t�th� P��perty. L�n�ier rr��y
<br /> m�I�� pr�a� a� [��s if Trt�st�r fi�ils t� d� s� vtirit[�in �if���n ���� d�y� a� t[�� �����lty. 1llf���h�r �r n�t L�nd�r'�
<br /> s��urity i� irn��ir��r ��n�i�r may, at L�nd�r's �la��i�r�, rece�v� �n� r��air� t[�� �r�c���s �f art� ir�st�r�r��� �n� a�pCy
<br /> th� p��c��d� t� th� r��u�ti�n �f tF�� f r�d��t��n�s�, �a�m�nt �f an� 1 i�r� �ff��tin� �f�� �r���r-�yr Qr t�� r����r�ti�r�
<br /> �r�d r���ir �f th� Pr�p�r�ky. f� L�n��r�[��ts t� a�pl�+ tl�� �r����d�t� re�t�rati�n �nd r�pair, Trust�r �h�l[ re��ir �r
<br /> r�pla�� th� dama��d �r d��tr�y��i �rri�r���rr��n�s in � ma�n�r s�ti�f��t�ry t� L�n��r. L��d�r sh�l�r up�n
<br /> ��tts�a���ry �r��� �# �U�h ��€p�n��t�r�r �ay �� r�irr�b�rrs� Trust�r fr�rr� tl�� pr�����t$ f�r t�e r�as�n�f�l� ���t �f
<br /> r��ai r �r r����rati�n if Tr�st�r i� r�at i r, �i���u�t und�r th is ���� �f Tr��t. Any �r�����s v�r I�i�C� k���� r��� b���
<br /> �i�b urs�d w i�t�r ir� 1�� �i�y� aft�r �h�i r r���i�t �r�d �rv F�i�h� L�nd�r ��� r,�� ��rnrn it��� �� �h� r���ir �r r��t�r�ti�n ��r
<br /> th� �r���r�y�h�[1 �e ���� fir�t t� pa�r an� �rr��ur�t�vvir�� t� L�r���r �n�e�thi� ���d af Trustr tl��rr �� ��� ���r���
<br /> int�r�s�, a�d t�r� r�masr���r� if �ny� sh�l[ �� �p�li�� t� tl�� �rin�ip�l b�l�r��� ��th� Ir�������n���, �� L�n��� h���is
<br /> �r�y �r��e��� ��t�� p�ym�n� irt ��I[ �� th� I r����t�d��s�r s�s�h prQ����s ��na�1 �� �ai� t� Tru�t�r �� �'rus��r'�
<br /> �nt�r��t� m��r����a r.
<br /> Tr�s��r'� Rep�rt an ln�ur�r���. �l��� r�q��st�f ��n��r� l��v,rever n�t m�re tl��n �n�� � year, Tru�t��'s�all �Fu��i�f�
<br /> t� L�nd�r a r�p�rt a� ���h ��cistir,� ��li�y �f i�s�r�n�� s��win�: �7� th,� €�ar�� �f ��� ir�sur�r, ��� t�� r��ks
<br /> €n�ure�I� {�� tl�� �m��n� vf th� ��li�y� {�� th�� �r�p�rty ir��ur��� tl�� �h�n G�rr�r�� r��l���m�nt �alu� �f sucl�
<br /> �r�p�rtyr ��C� tFl� fTi�fi'��f ������I'CY'111�11C1��I'i�t Vc��lJ�r �n� ��� th� ���irati�n d�t� �f th� p�[ic�{. Trust�r�hall, ���n
<br /> r��u�����Le,�d�r, h��� �n inr��p�n�l ent���ra i��r s�tisf��t�r�r t� L�r��f�r d���rm i��t������u�[ue r��l a����nt��st
<br /> ���h� Pr���rt�.
<br /> �ENa��'� �PEN��T[�R��. ���r�y��tian �r �r�����in� is ��rr���n��� th�t w��ld �at�ri�lly�€���t L�n�i�r's int�r��t �n
<br /> th� �r�p�rty ar i�Trust�r f�i[s t� ��rr��ly vrrith �n� �r�uis i�r� �f this a��� ��Tru�t �� �r�y F����ted ����m�r�#s r En�a��i r��
<br /> ��t ri�t lirr�it��l to Tr����r's ��il�r� �� disch�r�� �r p�y v�rh�r� �u� ��� �maun�� Yr����r i� r��uir�� t� disc[��r�� �r ��y
<br /> ����r�hi� ���� �f TrU�t ar �n�r ��lat�� L���urn�nt�r L�n��r�n�ru��ar's ��h�l�m�y {�ut�l�al� r����� �bli��#��#�) ta��
<br /> ar�y �cti�r� tf��t L�nd�r ���r�� ��pr��ri a�er in�lu�i r�� �u� �r�t �i rr�it��t �r� �iis���r�i n� �r �ayi�� �[� ta��s r �i�ns, ���u rity
<br /> i r���r���s� �n�um�ran��s a nd �tf��r�I a irr��, at�r�y tim� I�vi�� �r pl a��� �n�h� �'r���rt-y�r,d p��rir�� �I I ��st�fQr i r�s�ri n�r
<br /> ��inta ir�Er�� a�d ����ervir�� th� pr���rty, Al l s�rch ����n�i��r�s i r,��rr�d �r ��i�l f�y ��n��r f������t p urp���� wi[] th�r�
<br /> ���r ir�t�r�st at th�� r�t� ��arg�� ur���r tl�� N��� �r�m th� �a�� in�urr�� �� p��d �� L�nd�r ta tl�� d��� �� r���ym�n�t �y
<br /> Tru�t��. A�I su�h ��€��n��� v+ril� 2�ecam� � p�rt �f t�t� Ir,d����dr���s �ri�f �# L�nr��r�� �pti�n, v�r�ll (A) b� �ay��[� �r�
<br /> d�man�r {�} b� a���d ta �2�� ��la�r��� �f tf�� N�t� �nd �� a pp�rti���d �m�r,g �nd �� ���a�I� v�rith ar�y i n�t�ll��nt
<br /> ���r��r�t� �� ]����rt-r� du� c[�ri r�� �i�her ��� �h� t�rm at�r�y ���f i���l� ir��€�r�n�� ��Ci�yr �r {�} tF�� r�mai ni n� t�rrr� ��
<br /> th� N�t�f ar {�} �� tr�a��d �� a b�ll��r� �O�y�en�v�rhi�h v�rilC �� ��� ��� �aya�l� �t t}�� N�t�r� rrt�turit�. Th� d��� �f
<br /> Tru�� �ls� �rvijl s��ur� p�ym�nt �� th��e �m�u�ts. �u�h ��gh� sl��]I �� �r� �cf�i�i�n �� �II �th�r rig[�ts �r�d ��m��i�s t�
<br /> wl�i�f� L�nd�r rriay�� er�titl�� ���r� a�f�ult.
<br /> V�lAI�F�A�7�; QEFENSE �F TfTLE. Th�f�ll�v�r�n� �r�vi�i�r�� r�f��in��Q �vvr��r�}�i��f th� Pr�p�rty�r�� p�rt��t]�Es a���
<br /> �f Tru��:
<br /> Ti���. Trust�r v�r���ant� tf��t: �a} Tru�t�r h�l�s ���� �n� mar��t��l� ��tl� �f r���r� t� t�i� Pr���rty ir, ��� �i�np1�,
<br /> fr�� �r,d cl�ar �f ��l f i ens �n� �n��r�bran��� ath�r t�a r� t���� ��t f�rt� ir� th� ��a f �r���r�y �1�s�ri�ti�n �� i€� �r��r
<br /> �i�l� in��r�r��� p�[i�yr titl� r�p�rtr �� fi r��l titl� �pi r�i�r� iss�ed irt ��v�r ��r ��d ����pt�d byr L�r�d��' �r� ��r����t��r�
<br /> v+rith tl�i� ���d �f Tr�st, �r�� �t�� Tr��tQr��s t��full ri�ht, p�v�r�r� �r,d �uth�r�ty t����c�,t��r�� ��li�r�r thi����� ��
<br /> Trus��� L�n��r.
<br /> ��#�n�� �� Ti�t[�. �u�j�ct t� tl�� ��€��pti�n in t�� �ar��r��h a�av�, Tru���r wv�rr�r�t� and �il[ ��r�v�r ��f�nci t��
<br /> titl� t� fih� F�r�p��y ���ir�st�h� l��vf�rl �[ai m� �€�11 �����r�s. �n tl�� e�ent a n� a��i�n �r pr�����]i n� is c�r�-tirr��r-����
<br /> tl��t�uesti�r��Tr�st�r's ti�l� �r tf�� i�t�re�t�f Tru���� �� L��r���r �n�er tf�i� a��� �f Trust� ���st�r s hal[ ��f�r�d �1n�
<br /> ��ti�n �fi�ru�t�r`s e�pens�. Tr����r m�y I�e th� n�t�ir��l ��rty in su�h pro���€�ingX bu� L�r������a�l �� ��t�tl�d t�
<br /> p�r�i�i��t� ir� t�� �r����di t�� ��� t� k�� r��r�sented i n th� pr�����in� �y ��un��[ �f L�t�d�rr� ��r r� �hoi��r an�
<br /> Tru�t�r v�ill d�liverr �r cau�e �a ae d�l��r�r��i, �� ��nc��r s��h instrum�r�t� �s L�r�d�r may r�€�u���fr�m tirrt� t� tim�
<br /> t� �ermit�u�1� ��rki�i�����n.
<br /> ��r�rti�l��n�� 1J4lith Law�. Trus��r �nr�rr�n�� th�t tf�� Pr���r�r ar�d Tru�t�r's us� �� �Y�� Pr���rty ���plie� v�i�E� �ll
<br /> ��ci�tin� ���li����� [�v�r�� �r�ir��nc�s, �r�d r�gul�ti�n��f�o�r���rm�n��� �uth�riti��.
<br /> ��rvi�ral �f R��r���nt�ti�rr� �n� ll��rr�t�ti�s. AI E ���r�s�n�atiflns� �a rra n�i�s r �n� ��r��m�r�t� m��� k��r T�ust�� i�
<br /> tl�i� ���� �f Tru���I�alf �urvive the ����utian �nd �i�liv��y�f thi� L���� �f T�ttst, �I��11 �� ��nt�nuir�g in n�tur�r �n�
<br /> sh�IC r�m�in in�ull f�r�� �n���n'r���unt31 ��a�l�titr�� �s Trust�r's En�eb�edne���ha�l ����i� i�f�l1.
<br /> ��1V a E�NA�'1��11. Th��al[��r in� pr�vi�i�ns r�[�tin�t� ��n��t�r��#i�r�prD���d in���r� a p�rt❑f��i� ����1 �f�t'��#:
<br /> Pr�����ir���. If �ny �r�����iir�� ir� ��n�t�mnati�n is �i[��fr Tr��t�r �h�l[ �r�mptl� n�ti� L�r��i�� ir�t vvritin�f and
<br /> Trust�r s1�a11 pr�rr�p�ly ���� ���h ����� �s m�� b� r�����s�r� t� �J�f�r�d tf�e a�#i�n �n� �bt�i n th� av�r�rd. Tru�t�r
<br /> m�� ����e n�rrti r��I p�rt�ir��u�h�����ed in�, but L�n��r�f��l l ���ntit[�� t� p��ti�i��t�i r�t�� �r�c��din� and�o b�
<br /> r��r���nt�d in �the pra����iir�� �y ��r�r���l �f it� ��nrrr cl��i��, �n� �rus�ar v,rill ��liv�r �r ����� t� b� ��li�r�r�� t�
<br /> L�r���r �u�h instrurr��r�ts �r�� d��ur��ntatian a� may �� r����st�� �y L�n��r #r�rr� �irr�� �� ��m� to perrnit �u�h
<br /> �ar�i�i�a�i�n.
<br /> Ap�Ii�ati�� ���et Pr�G��d�. lf�11 �r�ny ��rt af th� P����rt� �� ��r�d�rryr��� bv e�ni nent�a�nai n �r�����i��� �r k�y
<br /> �n� �r�����ir�� �r p�r�h��e in [i�u ����rtd�rrtr��ti�r�, L�nd�r may a�k i���I��t��� r���air�th�t�ll �r�r�y��rti�r��€th�
<br /> t��t �r�����s �� th� av�rar� b� applied �� �h� Ir���bt��[n��s or ��t� r��air �r r�st�r�ti�n o� �th� Prop�r�y. �i E�� n��
<br /> �r�ce��is ���h� �w�r� �h�l l m��n t�� �w a r� ���r p�yrr��nt�f a f] re�sona�l� c�s�sr �x��r�s��, �nd �tt�rn�ys' ���s
<br /> �n��rr�cl by�rr�st���r L�nd�r in�onnection v�i�h�he��n��mn�ti�n.
<br /> Ii1�P���TI�� �F T����, FE�� AN� �HAR�E� �Y ���E�t�[I�IEr1I'7AL �1L�TH�F�I�F'IE�_ Th� ��I���rvi�� �r�vi�i�r�� ����ti�tg
<br /> t� ����rnrr���rta[t��c�sr f��s and �harg�s are a p�rk�f�hi� D��� �f Tru�t:
<br /> ��,�r�n� T��e�� F��� ���i �h�r�es. lJ��r� r��ue�t ay L�n�err Tru���r �h�[1 e�e��r�� su�h ���urry��ts i� �ddi�i�n t❑
<br /> thi� ���� �f Tru�t�r�d tak� wha��v�r❑�h�r ���f�� i� r��u��t�d b� L�r��l�r t� ��rf��t and �ontir�ue L�r���r'� ]i�n �n
<br /> th� R��] Pr��erty. Tr����r �h�l[ r��m��a�-�� L�r���r f�r �I� �a���, as des�rif�ed b�lr��nr, t����h�r v��t� �!I �x��r���s
<br /> in�r�rr�� in r���r�in�f ��rf�cti�g �� ��ntinuing thi� D���i �� Tr��tr in�l�r�lir�� v�rith�ut [�mit�ti�n alC ta���r ���s,
<br /> d��um�nt�ry��amp�, and��h�r�h�r���f�r r���r�ir�� �t����i�t��=r��thi� �eed���r���.
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