2� 1 ��5951
<br /> ��I�C� �F Tl����
<br /> L��� �[�t ���'i�1�� {��r��in���l� ���� �
<br /> ��rvi��s �r� ��rni�h��r ar �ny m�t�ri al� �r� s u��[i�� �� th� �r�p�rty, if any m��h��i�'� I i�r�r m���ri�[m�n's i i�n r �r
<br /> ��h�r [i�n ��ul d �� as��r��� �n �����nt �f t�� v�r�rl�r ���ri c��� �r ����ri�l�. 7rr����r w ill up�n r��u�st �f L�r����-
<br /> furr�i�� �Q ��n��r adv�r��� ��sur�rrc�s s�ti�f����ry �� L�na��r tl�a� T��st�r ��� �r��i �nrill ��y �h� ��s� �� ���h
<br /> im��a�r�m�nts.
<br /> pR���F�TY f�A�IA�E ��I�l�Rr4N�F. T���F�12Qwin� �r�vi�i�n� r�fatin� t� is�s�rin� t�� �ro��rt� ar� a �art�f tl�is ���c� �f
<br /> Trust.
<br /> iUi�in��r��r��� �# Irr�ur�n��. Tru�t�� �E��[] �r���r� anc� m�int�in ��li�i�� �f �ir� in��ran�� with �t�r�d��� ��t�r��l�+�
<br /> ��v�r��� ��d�r��rr��nts �n � r�pl a��m�nt ��s i� ��r �F�� ful I i r�s�r�b�� v�l�� ��v�ri�� a[� 1�n�r��r�rr����s �n#h� F���l
<br /> �r�p�r#y in an �ma�r�t suffi�i�r,t t� �v�i�l ���li�a�iar� �f �r�� ��ir��ur�n�� �l��ts�r �r�� �rith � st�n�i�rd m�rt�����
<br /> �l a u�� in f�v�r❑�r L�r��er. Tr�st�r s hal� ��sa p���ur�an�i maint�i�c�rr��r�h�n�iv� g�n�raI ]i abil ity in�u r�r�c�ir��uch
<br /> ��v�r��� �m��nt� �� L�nd�r m�y r��u�st vvith �r�,st�e an� L�n��r ��En� n�m�� �� �����i�r��] ins�r��� in ��a�h
<br /> li��ili�r insur�nc� ��li�i��. Ad�iti�r��l[y� 3ru���r sl�all ��intai�t s��h �tF��r �r�su��r���r i�n��u��n� t�r�t not IimEt�d t�
<br /> h��ard, l�u�ir���� int�rr�pti�r�, an€f ��il�r in�ur�rrc�� as Ler�d�r m�y r����n��ly r��uir�. P�li�i�s sF��ll �� �ritt�n in
<br /> f��mf am�u�ts� ����r���� �n� ��sis r���Qna�[y a���pt��E� ta L�rr��r �r�d i��u�s� �y � ��mpany �r �am��ni��
<br /> �e���n��l� �����t��l� t� L��d�r. Tr�st�r, up�r� r��u��� �� �,�r���r, v�ril[ d�liver t� L�n��r �r�rrE tim� t� ti�n� t��
<br /> p�li�i�s ar ��rtif���t�s �f in�uranG� i n f�r� s�ti�fa�t�ry t� L�r���rr ir��I�,�i ng s�ip ui�ti�n�th�t �a�r������ wi E1 ri�t 1��
<br /> ��r���JC��I �r �i�nin'r�h��i v�rith�ut �t l��st t�n ��]�� �la�rs �ri�r �rvritt�n n�ti�� t� L��d�r. E��� i�isur�n�� p�li�y a[s�
<br /> sh�ll in�l��� ar, er�d�rs�rr��r�t�r��i�in�th�t c���r��� in f�v�r�f�.���l�r�vi]1 r����� impair�d in �ny v�r�y�y a����t,
<br /> �r�is�i on Qr ��f�u€t �f Ti r��t�r�r any ��h�r ��rs�n. �ha ul�# th� F��al Pr���rty �� I�c�t�d �� �n �r�a ��s�gn�t�� �y
<br /> �h�Adrr�ir�istr�t�r�f�f�� F��er�! �m����n�y l�ll�r�a��rrt�nt A��r�cy�� � s���i�� �la�� h��ard �r�a� Trust�r ��r���t�
<br /> ��t�i� �r,� mair��ain ����ra! Fla��f [r�sur�r���r i� �v�i[a���f f�r#h� �ull unp�i� pri��i��l f��[�n�� �f �h� I��n and ��y
<br /> pri ar i i�rrs �� th� �r���r��r ����ri n� �h� l��n, up ta ��� r���i r��r� p�l i�y 1 irr�its s�� un��r th� lV�ti�r��] Fl��d
<br /> �r��ur�r��� Pr��ram, �r as �th�rvtiris� r��ui r�� �y L�n��rr �nd t� mai nt�i n s u�h i r�sur�r�c�f�r th�t�rm �f th�[���.
<br /> A��I���tian Qf �r�����1�. Tru�t�r s�a�l �r�m�t[y r���i�r L�nd�r�f�ny [�s� �r d�m��� t�tl�� �r����r. L����r may
<br /> m�l�� pr�af af I�s� [f Tru���r ��il� �� �� �� �nrit�ir� �i-�te�n {'[,�} �f�.y� �f tf�� ��s��[#�r, V�Ih����r �� n�t L���]�r's
<br /> s��urity is irnp�ir��, ��n�i�r �nay, �t L�r,d��'� �[���ti�rr, ����iv� �n�! r�t�[n th� �r������ �f��y r��u��r��� �n� �P��Y
<br /> th� pr����d� ta ��� r�ducfii�r, ���1�� �n���t��n��sr ���1]'1�[l� �� �f]� Il$I1 c��F�G`fll�l� ��l,f'r pr���rt�r, �r �h� r��tar�tiar�
<br /> a r�� r����r �f th� �r�p�rty. [� L�nd�r ����t� �� �p�[�r�1�� �r������ t� r��t�r�ti�r� �nd r���i r f T�u�t�r �f��l! �-�pai r �r
<br /> r��l a c� th� ��ma�ed �r d��tr�y�� 1 m�r�v�m�nt� i n a ma r�n�r �a�isf��t�� t� L�n��r. Len�l�r ��a[1 r u��n
<br /> ��t�s�����r� pr��� �f �u�h ��cp�n�itur�� p�y �r r�irriE�ur�� �rust�r �r�m th� pr����d� #�r ��t� r����ri��C� �a�t �f
<br /> r��air �r r��t�r�tian if Trust�r i� r�r�� in ��f��Jt �nd�� thi� ���� �� Trust. A�y �r������ whi�[� [�av� n�t ���n
<br /> �i��ur��� �rit�in "[�� �[�y� aft�r �h�ir r���i�� �r�d �v�i�}� L�r���� I��� nat ���mitt��i t� tl�� r���ir �r r�s�t�r�tia� �f
<br /> ��� �'r��er��h�[1 �� ���� first t� �a��r�y�rr��un� ��nrin� t� Len��r �nd�r t��� a���i ��Tru��r th�n �� p�y���ru�d
<br /> int�r�s�, �t�� t�� r�rn�in�e�, if �nyr s hal i b� ��pl��� t� t[�� �rir��i��l ��[�r��� �� �h� I n���te�n�s�. I� L�r�d�r I��l��
<br /> ��y pr����r�� a�t�� ���rm�nt �r� f�rl9 �f �F�� fnd�b���r���s� �r��h pr�c��d� s[��f1 �� ���� t� Tr�a�t�r as Ttust�r's
<br /> in��r��t� rrt�y�����r.
<br /> ��mplian�� wit�r �xi�tir�� [r�d��#�dnes�. a�rin� t[�� p�ri�� in v�rhi�h ar�y E�i�tir�g [n��b�edn��s cl����ib�� b�l�v�r is
<br /> ir� ��fr��t, �Q:n�li�r��� v�rith th� insur�n�� pr��ris��ris c�r���in�� ir� ��� instrurrt�nt ��ri��n�ir,� �u�Y� E�isti��
<br /> ]n���t��in��� sh�lf ��r�sti�ut� ��r�s�pli���� wi�h �h� ir��uran�� �r���si�r,s �r,d�r tl�i� L���c� �f Tr�str #� th� �xt�n�
<br /> ��m�[i�n c� v�i�1� tl�e ��rms Q� t�i� a e�d �f Tr�a�t w�ujd ��nsti�ut� � �u�lica�iQn �f ir�s�r�n�� r��ui��r��r�t. lf �r��
<br /> �r������ fr�m th� in��r�r��� b���rn� p�ya�l� �r� I�ss f th� prQ�ri���ns i��his ���d �f Tr�st f�r c[irri�i�n ��pr�����[�
<br /> �h��l ��pfy�r�l���th�t��rti�n�f�h�pr���eds r��t p�y��1���th�I��[��r�f tF�e E��$ti�� 1 n��bt��r���s.
<br /> Ti r����r'� F��p�rt�r� �r���r�n��. [���� r����s��f Len��r, h�w���r ��t ��r� tF��n �n�� � �r��rr �'r�,st�r�h��� f�rni�h
<br /> t� L�n�i�r � ����rt �n ���h ��i�t�n� �alE�y �f ins�ran�� sl���r+fir��: {�} �h� n�m� ��r tf�� insurer; {�} t}�� risk�
<br /> i n��r��r ��� the arn�u�t �f tl�� ��l�cy: {�� �h� �r�p�rty i n�u r��f th� �h�n �u rre r��t r��f���rt��r�� v�lu� �f ���h
<br /> �r��O��ty{ �n� �h� mann�r����t�rr�inin�th�t v�l��r ��d (�� tk�� ���ir��i�n d��� v���� p�l[��, Tru�t�r s���lr �t��r,
<br /> r�c�u�st�f L�r�d�r, I���r� �r�i r�d���nd�nt�p�rai��r s�ti�fa�t�ry�a L�n��r��t�rmi r,�tF���a��f�v�l u�r�pl���m�nt�a��
<br /> �f th��rQ��rt�,
<br /> LEl1��FR'� F��ENDlTU1�ES� [������ti�n �r �r����cli�� i� �arr�m�n��� that w�u�d rr��t�ri�Cly �ff��� L�r���r'� int�r��t ir�
<br /> �h� pr�p�rty ar if Tru�t�r fai I� t� ��m�ly with a r�� �r�vi�i�r� �f th i� ���� �f�r��t �r �r�� ��f�t��f D��urrt�r�t�f ir�c1 u�[in�
<br /> E��t n�t lirrtiit�d fi� Tr�s��r'� f�il�r�t� ��m�[�r v�ritF� any�bli�atia�r t� rrxair,t�ir� E�i�tir�� [n��bt��n��s ir� ���� �tar�d�n� ��
<br /> r�q�ir�� ��lawf �r t��is�h�r���r���+�r�i�r��i�� �r���m��an�s Tr�s��r i� r��uir�d ta dis�[��r���r���ur���r�hi����� �fr
<br /> Tru�� �r �r�� F��l�t�� ���um�n��r L.�nd�r �n Tr��t�r'� b�hal� nrt�y {�ut �f��II nat �� ��1 i�at�d t�} t�k� �r,�r ��ti�rt ��a�
<br /> L�n��r d��m� ���r�pri�t�, i r�c[u�iri� �u� n�� li m it�d t� dis�har�ir�� �r �a�rin� all ������ I i�ns� s���rity i nt�r�st�,
<br /> �r��ur��r�r�c�s and �t�rer �IaEms, �# �ny �im� levE��f �r �la��� �� �h� �rap�rty �r�d payin� �II ���t� ��r �n�r�rir��,
<br /> m�intai�in� �nr� �r���rvir�� tl�� Pr�p�rty� Alf s��h ��pen�itur�� in�urr��l �r p�i� k�y L�r�d�r f�r�tt��t pur��s�� �riEl th�n
<br /> ���r int�r�st �t th� ��t� �harge� ur�der�h� N��� fr�m �h� �at� in�urr��{ �r ��id �y Lend�r t❑ �h� ���� �t r���ym�r�� �y
<br /> Tru��or. A[I ��,�h ��pen��s wil� 1����rrt� � ��rt a�th� Ind�bt�dr��s� �n�i, �t [��n��r's ��tianl �vil[ �A} �� ��yab�� a�
<br /> ��ma�dr {�} 1�� ���l�d ta tf�� balarrc� �f �h� N��� an� fa� ap��rti�r,�d �r��r�� �r�d be �ayaE�l� vv��h �ny i��t�l[m�nt
<br /> ��ym�nt� t� �ecam� �1�� ��rir�� �itl��r �1) t�� t�r� �f �ny applica}�[� ir�suran�� p�l��y; �r ��� tf�� r�rt��ir�i�� t�rrn a�
<br /> th� N��e f ar {�} ��tr�����1 �s � ba�l�on paymen� r�r hi�h �i I I I�� du� �r�d ��y�bl� �t��� N�te'� maturi�ky. Th� ���� ��
<br /> Trus� alsa �ri�l ���ur� ���m�nfi �� th��� �m�ur��s. �ucf� right �half b� in addi�i�r� �� ��l �-th�r ri�F�t� �r�� r�r���i�s t�
<br /> ��,i�� L�r,d�r may�� �ntitl�d ���r� ���aul�.
<br /> V�lARRAl1iTY; �EF���E�F T�T��. TI����I���ri�� �ravi�ian� r�lating�� ��n�r�h[p�f th� Pr�p�rt�r�r� � ��rt a�F tl�i� I����i
<br /> �f Tru��: .
<br /> Ti���_ Tr��t�r v�r�rr�n�� �h�t: (�� �r�s��r 1��[�� �o�d and marl��t�l�l� titl� �� r���rd t� th� �r���rty ir� ��� ��mpC�r
<br /> �re� ��d �I��r �f al l I iens and �n��rn�ran��� �t��r th��n th�s� s�t f�r�l� i r� th� ��a[ F'ra��r�y �]�s�ri pti�n �r i n th�
<br /> Exis�i�� En�f�kat��lnes� �e�ti�r� ��l��rv �r �r� ���{�itl� in�ur�r��� �ali�yr t�tl� r�p�rt� �r�ir�a�tit�� �pir�i�r� is�u�d in�av�r
<br /> a�, �r�� �����t�d by f ��n�er in ��r�n���i�r� vwitl� tl�i� a��d �f Tru�t, �r�� {�} �i ru�ta r h�� �h� ��,I� ri�ht� ���nr��f �n�
<br /> �u�[��ri�-y t�����ute�r,d d�li�er t�iis ���d a�Tr�st�a Lender.
<br /> ���en�e ❑f Ti��e. ���j��t t� th� ��c��pti�r� ir� tf�� �����r��f� �bav�r �rU�t�r w�rr�r,�s �r�� v�ri II far�v�r ��f�r�� tk��
<br /> �itl�t� th� f�r�p�rt� ���i r�st�1�� I�wful �laim� �f a[� p�r��r�s. [n �h� �v�r�t �ny ��ti�t� �r �r����d ir�� i� �a rr�m�n���i
<br /> t��t q ue��i�n��CrU�tor`s�i��� ��th� i r���r�st��Tr��t�� �r L�rtd�r u r��l��tF�i� �eed �f Tru��, Tr��t�r���[] c����e��the
<br /> ���i�n ���rr�s��r'� ��c��r�s�. T�u���r r��y be th� �amir�al parky in ���h pr�����in�, b�� L�r���r sl��l� b� enti�E�� t❑
<br /> ��rt��ip��te in th� pr�c��din� �r�� �� �a� repr���nt�ci in tl�� �r�����{ing by �o�n�el ❑� ��n�]�r's �v�� �1-��i��r �r��
<br /> Tr�s���vu31 f ��i i��r� �r ��t�s�t� t�� �f�l ivered r t� Len��r�u�� in�tr�m�nt� �� L����r m�y r�q u��#fr�m tim e t� ti m�
<br /> t� �err�i��u�h �arti�ip��i�n_
<br /> ��m�ii�r��� l�fi�h Laws. Tru��or vxrarr���s �l�at th� �r�p��ty �n� Tru�t�rr� �s� �f tf�� Pr�perty ��mp�i�� �i�h ��I
<br /> ��i��in� �,��f i��k�l e I��r�, �rdin�n��s� �r�� r��u��ti�n�o�F gav�rnm�r���l a��h�ri�i��.
<br /> ��,�vival af R��r���nt�ti�ns �r�d V�arr�rtti��. AI[ r��r�s�nt�tian�, v�ra�ran�i��, an�f ��r��m�r��� �ar�� �y T�-ust�r i�
<br /> t�iis a�e�i ��Trust s��I1 survive th e �x��utia n an�i d�li��ry�f thi� �e�d �f Tru�t� ���f 1 k�e ��nti nu i�� i n r�atUr�r �n�
<br /> �halC r�main �n��II f�r�� �r�� �ff��t untif s��h�tirr���s B�rr�v�r�rr� [nde�t�r�n��s�Y��II �� p�ic� [n full.
<br /> F�15TIN� IiVD��TE�N���. �C���Fa[]avvin� �r��i�i�n� ��n��r�ir�� E�i�tit�� ]r���t�t��fn��s ar� a p�r�����i� ����[�f Tr-u�t:
<br /> E�€i�in� Li�r�. T�� f i�n af �r�i� ���d �� Tru�� s��uri n� ��� [n��bt��r���s m�y �� ����nd�r� �noi in��ri�r �� �r�
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