2� 1 ��54�9
<br /> ��E� �F �F���T
<br /> ��a�r� lV�: �'i�17��� ���r�tir�u�€�� ���� �
<br /> L�n�l�r m�r�i�� ��� ��r�ty ��r�d fo r tF�� cr�d i��r�r��r��it�r� pr����dEn�r in �r� am��r��d�t�rrryir��d I�y L��d�rr in it�
<br /> ��I��i��r�ti�r�, a�s���r�g ����C���,a��r���r�r���b�n��r�r�����s�ut�.
<br /> �r���h ���th�r A�r��rrr�r��. Ar�y �r���h hy Yr����r �n��r the t�rm� �f�r,y�tl�er��r��rrti�r��i���tw��n Trust�r an�
<br /> L�r�d�r th�� i� n�t rem��i�� vvithin �ny �r��� ��f1�� �r�lllC��� ��'l�C�l1�r in�ludin� �nrith�u� �irr�ita�i�n �rry ��r��rr��r��
<br /> ��n��rr�i r�� �ny i nd�bt��n����r��tl��r��1 ig�ti�n ���"r��t�r t� ��nd�rl w h,eth�r��cisti�� r��w�r I���r,
<br /> E�r�r�� Aff�cting ��,�r�r�t�r. Any �f th� �r���dir�� �v�r�ts ❑ccurs �nri�h r�s���t t� �r,�r �uarar���r �f �ny �# th�
<br /> [r�����edn�s� ar any �u�r�nt�r �i�s �� b���rn�� ir���mp�t�nt, �r r��rafc�� �r �i��u��� �h� valid�t� ��f �r li��ility
<br /> un��r� �r���u�r�n�y�f th� �nd��t��n�ss.
<br /> A�rr�rs� �han��. � m�t�ri�� adv�r�� �h�n�� ��cur� in T'r��t�r'� finan�iaf ��n�iti�n, �r L�r�d�r ���i�v�s t��
<br /> �ra�p��t�f p ayr�r�nt�r p�r��rm�r����f�h� �n�[�la�t��n��s is imp�ir��.
<br /> �r�����,�ity. L�n�er i n���d f�it[� ��I���r�s i�s�1�i ns��ur�,
<br /> RI�E-t�� AND F€E11�I�C}��� ��V aEF�4l.1RT, If �n Ev�nt af ��f�ult ���ur� uri�er�khi� ���� �f Tr��t, a� �ny tim�tf��r�aft�rr
<br /> �rU�t���r Le���r may��€�r�is� �n��r�� ar m�r�a��f��fQ�l��'rn� ri��t�s an� r�m�����:
<br /> A�c���r�t�t�n �,lp�n D�f��l#: A�diti�naF Fi�m��li��. If�r,�r �v�nt��a�f���t���ur� �� ���th�t�rrrti� ����� N���
<br /> ����r�d h�r�by, L�n��r rrtay d��I��� a�l [n������n���s��ur�� �y t[�is ���� ��Trus��� �� ��r��nd pa�a�I� a r��
<br /> tl��s�rrti��hall�h�r�r�p�r� t����m��u�ar�d ����E�I��r�tl��ut�i��pr���ntm�nt, d�€�-�an�r pr�t��t�r r,��i�� ��F�ny
<br /> I�ind, Th�r�aft�rr L�r�d�r r��y:
<br /> ��} Ei�Fr�r i� p�r��n �r �y ����t, v�itF� �r v�ri�h�u� brin�i�� a ny a cti�n �r �r�����fi r,�, �r l�y � r���iv�r
<br /> ��p�ir��e� by� c�u��r�d v���h�ut r��a r� t� th� ����ua��r��it� ���u�ity f en��r r���n ���] ��k� ��ss���i�r�
<br /> �#th� �r�p�rtyr �r a n�r p�rt tl��r�af, i r� its �w r� r��rrye�r i n th� r�ar���f Tr��t��� �n�t�� �r,y�c��vv�r i�� �t
<br /> ���m� rr����sar-���r��sira��l�t� �r�s�r���h� v���a�r m�rk�t�l�ility ar r��t�E�ility��th� Pr�p�rtyr �r�art�f
<br /> tl�� �r���r�y �r �n��r��t i� th� Pr���rt�r; irt�r����the ir���m� �r�m th� Pr���r�r�r pr����t th� ����ri�y Q�
<br /> ��n� �'r���rty; and, v�ritt� �r �ri�l��ut t�l�in� �����ssi�n �f tf�� �r�p�rt�r� s�� f�r �r �th�rv�ris� ��Il��t t�t�
<br /> ��nts� i����s �n� �r�ti�s �f th� �r�p�rtyr in�����r�g thQs� p��� ��a� �r�d un�ai�f �rr� ��p��r tF�e s�m�r 1���
<br /> ��st� �r�d ��cp�r�s�s�����r�ti�n ��� ���I���i�n ����r����' f���,t� �r�y ir�d�1���Cl�r���s���ar�� �y thi� ���d
<br /> �� Tru�t� �lf i n ��r�l� �r�er a� L�n��� m ay d�t�rrrti�r��. Th� �nt�ri n� up�n ��� ��I�in� p�ss���i�ri �f �h�
<br /> Fr���r�y, t�� ��If��ti�n a� �u�l� r�r�ts, �ss��s �n� p r�fits, �r�d th� �p�l i��ti�r� �tl��r��f ��r�I! n�-� ��r� �r
<br /> v�r�iv� �r�� cf�f�u��t �r r��ti�� a� �f�f��[t �r���r this ��e� af Tru���r ir�valid��� �ny ��� ��n� ir� r���arrs� t�
<br /> �u����f��alt�r p�r�ua nt t��u�h r�ati�� �f d�fa ult� �r�d, n�twith�t�n�ii n�th� ��ntrn�ar���i r� ��s��s�i�n��
<br /> th� Pr�p��y ar the ��Jf��ti�r�, r���i�# ar�� a�a�l��ati�n �f r�r�tsr is�u�� �r �r�fit�, Tr��t�� �r L�r���� �haf!
<br /> �� �r�t��1�d �� ���r�is� �v�ry ri�h-t �r��i d�d ��r �r�tl�� N�te �r�he l���at��# ���urrt�nt� �r by lav�r ���r�th�
<br /> ���urr�r,�e�f ar��+���r�t�f d����,l�r i n�l��in��h� ri�ht t����rci��t[���o���r�f��l�r
<br /> ��� ��mm�n�� �� a����n t� �ar��f��e tf�3� a��� �f Trust�� a m�r�����r ����int a r���i�r�r�r���ci�i��lly
<br /> �nf�r��any��t������r��ri�s f��r��fr �r��
<br /> {�} D�[iv�r-t�T�ust�� � vtirri��r�d��l�r�tir�n �f d����l�anc[�l�man�far sai� �rrd � �rvritt�r� n�ti�� a�r c��fault
<br /> �n� �E���ki�r�t� ��u��Tr��t�r'� interest in tl�� �r�p�rty t� b����d, �v hi�h n�#i��Tru�t�e sl�a�I ��u���� E��
<br /> �uly ti[��i��r r���r� i r�th,� a�pr��ri����ffi��s ��tC�����nty�n v�rh��h th� P�ape rty i� I���t�dr �n�
<br /> {�{} �I1lit� ��sp��t t� �II �r any��r'�a�th� P�r��r�a1 Pr���rty� L�rrd�r�h��l h��� �[1 th� ri�hts �nd r�m��li�s
<br /> a�a s��u��� �ar�r un��r tl�� N��r��l�� �lni��rrn ��mrn�r�ia[ ����.
<br /> F����l�sur� ��r��w�r�f��I�. ��L�rr��r�I��t�t���r�c f��� �y���r�is���tl�� P��nr�r�f��1�}��r�i n ��nt�in��t
<br /> L�r���r �I��I[ r��tify�"rust�� �n�i �f��l[ �����i� v�rit[� Tru�t�� �f�is ���� ��Yr��� �r�d th� N�t� ar�d su�h r���i��s
<br /> �r�d ��ri d�n�� a���cp�r�di�ur�� rr�����n� s��t�r��i �y�t�i� D��� �f Trust��Tru���� rr��y r�q ui r�.
<br /> ��} U��n re�ei��of��a�h n�ti�e fr�m L�nd�rf Trus��� �h�lC ���s�t� 2�� re�ar���r �u��i�h�� a�d ��liv�r�r�
<br /> t� Trust�r su�h �f�t[�� �# ��f���t �nd �l�ti�� �f �ai� ��th��n r�quir�d �r� l�vtir �n� �y t��� ���� ��Trus�.
<br /> Tr�s��� sh�l�, v+rith�u� d�m�n� �r, Trust�r, ���r �u�h �irr�� a� r��y th�n �� r��Uir�d �y l��v �r�d �fit�r
<br /> r���rd�ti�n �f�u�l� �lati�� �f ���F��I� an� a�k�r �l�ti�� �f ��I� h��rir�� ���n ��v�r� �� r��uir�d �y lav�rr ��11
<br /> �h� �r�p�rty a� th� �i m� a nd �I a�� �f s�I� f i�c�d by i� i n �u�h N��i c� a� ��I�r �it�ier �� a �r I�r�1�� �r =n
<br /> ��p�rate [�t� �r��rc�l� �r i��m� a�Trust���h a[] d��m ����di�r�tr �r�r� i�i s uch �rd�r�s i���y�i�t�rm�n��
<br /> �� p�bl i� ���ti�n t� �h� hi�h��t �i�d�r f�r ��s t� ir� I�vtir�ul r��n�y�f��e l�nit�� �tat�� p�y��l� �t tl�� tim�
<br /> �# �al�. Tr�st�� s[��I� d��iv�r t� suGh �ur��a��r �r pu rch�ser� th�r��f its ���� �nd 5uffi�ier�t �]��cl ��
<br /> ����s c�nv�yin� �h� �r�p�rty �� ��ld� bu� vtirith�ut ar��r c�v�nan� or w�rr�r��y, ���r�ss �r im�fi��. TF��
<br /> r��i��[s i r� ���h ���� �f �ny rrt�tter� �r f��ts s hal l �� ��n����iv� �r��f ����� ��-ut[��u Ir��s� �here�f. An�
<br /> ��r��rt, ir��[udin� �rit�r�ut Iimitati�n Tr����rr Tr��t��r �r L�r�d�r� rr��y�ur�ha���t�u�h ��I�.
<br /> [�� A� m�y b� ��rmitt��{ �y 1��� �ft�r ��d�c�ir,� �II ��st�r f��s ar�d e����s�� �# �rust�� an� �f ��,i�
<br /> Trust� 1 C1�I�.[�i n� �a�t� a'��1ri��n�� ���]tI� Ifl ���i���t]�l�1N1tI�5���,Trust�� sha II �pp ly-tl�� p r������ �f s�l�
<br /> �� ���m��t�f �i� �II sums ��p�rtd�� ur�d�r tl��t�rms����ni� a���[�f 3rr�st�r ur�d���f��t�rm�����e N���
<br /> r��t tl��r� ��pai�, in�I�rdi ng but n�� 1 i�it�d t� ���r��d ir�t���st �r�d Cate �h�rg�s F �i i� �l[ ��h�r ��t�� �i��rt
<br /> ���ur��i h�r���}f �nd {iii� tl-tie r�r��ir-��i�r� 3f�r��r,t�the p�r��n�r p�rs��� I���[1y��titl�����r�t�.
<br /> (�� Tru����m�y i n the ma nn�r pr�vi��� �y I��rv p��tp�r��s�I��f�I I o r a�y�or-tiar� �f�F�� Pr��a�rt�.
<br /> �em��i�� N�# Ex�lusiv�. Tru�t�� �r�� Lend�rr and ���h �� �2��mr �h,all b� �ntit[�� ta �r�farce p�ym�n� �n�
<br /> ��rf�rrt��r�c� ���n�r inde�t��in����r�kalig�tians���u���i ��r tf�is ���d �f Ti ru��an� �� ���r�is� ��l ri�f�t��r�d ��r�r��s
<br /> un�f�r this ���� �f Trustr un��r tl�e Nat�, und�r any af th� F��[�t�� a��um�nt�, �r u[r�d�r �r�y �ther a�reem�r�� �r
<br /> ar�y I��nr� rt��r,r ar h�r��f�t�r in ��r��r n�tv�r��h��an�ir��, s�me �r�[1 �f su�h �n��bte�n��s �n� �bli��ti�r�s s�cur�� }�y
<br /> �his ���� �f Tru�t ma� r���+r �r ��r��ft�r b� ath�rvxris� �������f u�rh�ther by rr��rt����� d��� ���tr�st� pl����, Ei�n,
<br /> �ssi�nrr��r�� �r �th�rv�ri��. N�i�h�r th� �����tan�� �� th,is a��d af Tru�� n�r ��� ����r��m�ntr vvh�tF��r �y ���r-�
<br /> ���i�n �r ��r��ar�t t� tl�� ���+r�r �f s�le ar �th�r p�w�rs ��nt�in�� ir� t]-►i� a��d �f Tru�t� �h�l� pre�u�Ii�� �r i� �r��
<br /> rr��r���r �ff��t Trustee'� �r L�n��r`� ri�ht �� r��I��� ���� �r �r�f�r�� any ��h�r ��c�,ri�y n�� �r h�r��ft�r h�Id k��r
<br /> Tru���� �r L�n�er, it b�irr� a�r��d ff��t Trust���nd L�nd�rr �n� ���h�f the�r s�i�l[ b��r��i�l�d t� er���rce�his €����
<br /> �� Trust �nd an�r ath�r ����,ri�y n�w �r h�r�a�t�r f��lci �� L�r�der ar Tru���� in su�h �r��r �n� m�r�n�r ��tl��y a r
<br /> �it�►�r �f �hem m�y ir� t��ir �f�sal�t� dis�r��tian d�t�rmin�. N� r�m�dy ��r�f�rr�d u�O�r� �� r�s��ve�l to 7rustee �r
<br /> L�r�d�rr �� inten€��d t❑ E�� ���lu�i�� �f any ��f��r ��rr���� ir�tl�i� a���f o�Tru�t❑r E�y �aw �r�vi���l �r p�rm�tt��1r bu�
<br /> ���h �h�ll �� ��rt-��al�ti�� �r�d s��l[ �� �n addi�Eo� to ��r�r�r �th�r r�m�dy �iv�n ir� ��ti� a��� �f Tr��t ar r��w �r
<br /> h�r�a�er��istin��t[a�rv �r in���ity�r I�}r�t�t�at�. E���y���r�r�r r�rrt�dy gi��� �y�h� f���� �r�r�y a�th� F��i�t�d
<br /> a���rn�nt� t� Tr�a�t�� ��' ��r��er �r t� v�rhi�h eFth�r ❑f �h�rr, m�y �� �th�rv�is� �r�tit[��� rrt�y be e��r�is�dr
<br /> ��r��urr�r�t[� ar inc�ep�r�d�ntly, fr�m �im�t� tim� an� as �ft�r��� r��y �� d��m�� �x���i�n� 1�y Tr�rst�� ar L�rrcf�r,
<br /> �r�d �i�h�r �f �hem m�y ��r�r�� ir���r��ist�nt r�m��i�s. �i�l��hin� in �hi� ���� �f Tru�t s��f� k�� ��n�tru�d ��
<br /> �r�hi�itin� L��d�r�r�m ���king a d��i�i�n�y����m�nt���inst t�i�Tru�t�r t�tl�� �x#�nt�u�� ac�i�n i� ��rrni#t��l f�y
<br /> lav�. �1���2�r� �y ��n��r �� �r�rs�� �r��r r�r���fy s��f� n�t e�cC�de p�rs�i� �� ��y ��h�f r�m�dy, a�d a�r� �I�c�i�n ta
<br /> rr��2�� ����r��is�ur�� �r t� tal�� ��ti�n �a p�rf�rm �n �l�li��ti�r� �f Trttst�r ur�d�r th�� �eed ��Yr�s�, �ft�r Tr��t�r'�
<br /> failure�o p�rf�rrnl�h�l[ r��t��f��t L�n�f��'� ri�l�-�t�d��lare a�e�aul�ar��l ���r�is� i�s r�t-t-t�di��.
<br /> I��qu��t far iV�ti��� Tr�st�r f �n b�h�l��f Tr�s��r an�f L�r�d�rr h,�r��y r��ue���tha�a ���y���n�r f��ti���f ��f�ult
<br /> an� � cap�r af�r�y N��ki�� �f��I� �t���r t�is a��� af Tr�st ae m�iled �� �h�m �t th� ��ldr����s s�t��rth in th� �ir��
<br /> p�r��r��i� �f tl-yi� ae���f T�ust.
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