2� 1 ��7351
<br /> D�E� �� T���T
<br /> L��r� I��: 1�7�7� {��rttir�u��l} P��� �
<br /> ha��r�, bu�in�s� ir���rru�ti��, �nd bQil�r in��r�r���r �s Le���t m�y r����r��C�ly r���ir�. P�li�i�s �hal� �� �nrritt�r� ir�
<br /> �r�rm, �rr����ts f �Qv�r���� and �aasi� r�as�n��ly ����ptal�I� �� L�n�l�r �n� i�s u�d by � ��rr��a�r�y �r ��r���r�i�s
<br /> r�as�n�t�iy aG��p��ble t� Ler���r. Tr��t�r, �apor� r�����t �f L�r�d�r� will ��IEv�� t� L�n��r fr��n ti�ne t� tim� �1��
<br /> ��lt�i�� �r���-tifi��t�� �f ir�s�r�n�� i� f��� ��ti�f��t�r�t� L�n��rr inclu�ing �t�pul�tiar,�tl��t����ra��� v�ilE n�t b�
<br /> �an��l��� �r d�mini�F��d witFi�Ut a� I���t t�r� �1�) �a�� pri�r writt�r� r��ti�� �Q ��n+��r. E��h in�ur�n�� ��[i�y �Is�
<br /> sl�a�ll ir�c�u���n�n�l�r��m�nfi pr�vi�in�th�t���r�r��� in��v�r vf L���e��v i�C nat�� im��i r�� i n any�r�y��r a�y����
<br /> �mi��i�n ar����ult�f Tr�st�r�r �n� �ther ���s�n. Sh�uld fih� F���I �r�p�r�,r t�� [��at�d in ��r �r�� ��si�n�t�� by
<br /> �F��A�rr�ini�tr�t�r�fi�h� F�d�r�l E�n�rg�n�� M�r����m�r�t Ac��n�y�� a �p��i�l fE���l 1����r� ����r Trust�r a�r��s#�
<br /> �bt�in art� rnaint�ir� F�d�r�l F[��� In��r�r���, i�a�rail��l�, f�r th� fulE un��id ��in�E�al ��I�n�� �f tf�� l��r� �n� �ny
<br /> pri�r [i�r�s �n �h� �r���rty ��curin� tl�� I��nr �,� tQ th� ma�imurn ��fi�y lirr�i�� s�t �r���r �h� Nat���a� Fl��d
<br /> In�uran���r��ram, �r a���I��rwis� r���ir�d by Le���r� an�t�rr���r�t�in s��h in�uran��f�r t�e t�rm��ti��I��n,
<br /> A�p1��atiQr� Qf Pr�c��d�. Trust�t'�I��E1 �r�m�tfy r���if� l�e���r�f��y I�s� �r tt����� ��th� Pr���r�r. L��d�r rn�y
<br /> m�l�� pr��ir �f [��s i� Tr��t�r ��i�� t� �o �� withtr� �if���ri (��) �1a�� �fi th� ca�u�Et�r. V�1i��t��r �r n�t L�n��r'�
<br /> ����rity is irrtpaEred� L�nd�r m��� �� ��n�er'� �I��ti�r�r f$G�l1f� �R� ��t�ir��F�� �r������ �f any in�ur�n�� �r�d a���Y
<br /> th� p������� t� th� r��i����Qr� ��th� I nr���t�d����, �aym�ri# �f �r�y �i�n af#��ti ng th� Pr�p�r�t�r, ar �h� r��t�rati�n
<br /> �n�l r�pair�f�h� �ro��r�. �� L�r��l�r �I��t� t� ��p[��h� pr����d� t� r��t�r�ti�n �r�� ��p�i rr Tru�tar s��ll r���ir��
<br /> r�p���� t�e �f�m�g�� �r ���tr�y�� ]rr�pr�vem�r,ts ir� � r��n��r �atisf��t�n�r t� L�r�d�r. L�n��r ����[, u��n
<br /> ���isf��t�ry p���f of su�� ���endit�r�� ��y �r ��imla�r�� Tru���r �fr�r� �th� �r�c���s ��r th� ��a��n��1� ���t �f
<br /> f�p�i r �r r��t�r�ti�r� if �r�,�t�r i� n�� in d�f�ult �r�d�r tl�ts a��� �# Tru�t. Any p������� v�rl�ich ��v� n�t i���n
<br /> d is��rs��l �rv��i� ��� �ays ��rt�r tl��ir r���i�t �n�C vr��►i�h L�r���r has n�t ��m rr�itt��l �� �t�r� r�pai r �r r�st�r�t��n �f
<br /> t�� Pra��r�r sF��ll �� �s�� �ir�t�� p�y�n�r �rr�a�r�t �v,rir�g�� L�n�i�r r�n��r tF�i� a��� ��Tru�t, �l��ri #� p�y a��r���
<br /> int�r��t, ar�d th� ��m�i���r� 9ir ar�y, sh��� b� ap�li�d #� th� �rin�ip�[ Y��l�r��� �f#h� ln��i�t��lr��s�. I� ��r���r �r���i�
<br /> �r�� pr�c��ds �ft�r pa�m�nt in full �f ��i� fnd�E�t��ir��s�r �u�� pr����d� �h�11 �� �0��� t� Tr�,�t�r �� Tr�a�t�r"s
<br /> inx�r��t� m�y ap��a�.
<br /> ��m�li�r��� �vith F�€i��irt� ]nd��t��n�s�. a�ri r,� tFi� ��ri��! in �hi�h a r�y Ex��tin� In�e�t�d���s �I���rika�� la�l�v�r is
<br /> in ����t, ���plian�� �vit� th� iris�r�n�e pr�vi�i�n� �or��a�n�� ir� tl�� i r��#rum�nt �vid�n�in� �u�h E�i�tir��
<br /> In��bt��n��s �I��I� ��r��tit�t� �Qrr�p]ian�� vtirith tF�� ir��ur�n�� �r�vi�i�n� un�l�r �hi� i���� �f �r�st, t� th� ��t�n�
<br /> ��rr��[i�n�� w�th ��� t�rms �f this ���� ��Trust wQu�� ��n�tit�t� a d���i��ti�� �f ir�sur�n�� r��u�i r�m��t. I� �r�y
<br /> p�����ds fr�m th� �r,��r�r��� ���Qm� �ay��l� �r� 1���� th� pro�r�si�r�s iri�h�� ���� �f Trust��r�iv��i�r� �f �r�����s
<br /> s��El ���ly�n�y t�t�at��rti�n�f th��ra���d�r��t����bC�t�t[�� ��I�i�r���he E�istin� Ir��l�l����fn�s�,
<br /> Tru�t�r'� F����r-t�n lnst��'�n��. �p�n r��u��t�f L�r,��r� h�rr��v�r n�t rr��r� �han �n�� a y��r, Trust�r s��ii f,�r�i�[�
<br /> #� L�n�f�r a r���rt �n ����i ��i�ti r�� ��IiGy ��r in�uran�� �houv in�� {�� ti�� ri�r�� ��r #h� i��ur�r: {�) t�+� risi�s
<br /> �nsur�dr {�� tt�� �mQ�n� �� t�� ���i�yr ��-) tf�� �r����y �r�s�r��� tF�� �h�r� �ufr�r�� r��l��errY�r�t v�Eu� Q� ���f�
<br /> �r�p�rty� an� �h� r���n���f��t�rmiriir�� tl�a�v�l��; ��� ��� th���€pirati�n d�t��f tf�� ��li�y. 7r����r�hall, u�ar�
<br /> r�q���t�f L�r�d�r, hav��� in�l�p��d��t a�prai��r�ati�f��t�r�t� L�r�c��r��t�rmi��th��as�valu�r�pl�c�m������t
<br /> ��F�h� �r���rty.
<br /> �ENa�F�'� E�P�V�I��J�E�. Ifi�ny��ti�n �r pr�����#ir�� �� ��mrrt�r���� tf�a��rv�uld m�t�ri�[ly����t L��d�r'$ ir���r��t in
<br /> th� Pr�p�rt� �r if Ti rr����r f�il� #� ��mply v�ith �ny pr�visi�r� ��thi� ��e�l �f T���t�r ��y ������c� ���um�r���, in�luclir��
<br /> k�ut ��� Iimi��� t�`ri�r����r'� f�i lur�ta ��m ply v�itl� �r�y ��f i��tiQr�t� �t�t�i r���i r� E�i�tin� 1 nd��t��1��s� �n ���� stan�li r�� ��
<br /> r$��.iiC�C� ��I�V�r or t�dis�i��r���r��y when�t+��any arr���rr�ts TrUs��r is r�quir���� ��s�har���r��y und�r t�i� a���f ��
<br /> Tru�� �r ��y F��Cat�� D���am��t�, ��nd�r a� Trus��r's t��i��[f m�y {��t s[��II n�t �� ��li��t��f #�� t�f�� ��ry ��ti�r� that
<br /> L�r�d�r �eems ap�r�pria��� irt�l���r�� b�� n�t lir�it�t� t� di��har�ir�g �r ��yir�� �Il t����r G�ns, ���urit� ir�t�r��ts�
<br /> �r+�urr��raric�� �r�� Qth�r �faim�, �t any tir�� I��ri�� �r ������ �n �h� Pr�p�rt-�r an� p�yin� �1! ����s far in��arin�r
<br /> m��nt�in�n� �r�� pr�s�rvin� th� �r���rty. All s��h ��p���iitur�� in�urr�d �r ��i�] k�� L�n��� ��r���� �urp���� v�rill tl��n
<br /> �ear i�t�r�s������ r�#� �h�r���i un��r th� N at� �r�m tl�� ���� in���rr��t �r p�i� ay L�nd�r ta t[�� �l�.t� ��r���ym�n� by
<br /> 7rust�r. All �u�h �x��r,s�� wilE ����m� � ��rt �f th� fn���tedr��s� �r,d� ��t L�r�d�r's ��ti�n, �vi�l ��) b� �ay��l� �r�
<br /> ��m�r��; ��� �� a��fe�f t� the ��lan�� �� th� N��t� �n�i t�� �p��rti�n�d a m�ng and b� �ayabl� �r�ri��i ar�y �n�t���m�r�t
<br /> �aym�r�ts t� b���me d u� ��rir�� �ith�� (1� �����rrn of an� applic��l� ir���,r�r��� �Q�i��ri �r {�� tF�� remai nln� t���n �f
<br /> tF�� �V�t�i �r {�� b�tr��t�� as � f��ll��� �a�r���t�h��h v�ill �� d�� �r�d pay�bl� �t tl�� Nat�'s rrr���r��y. Tl�� ���d ��
<br /> Tr�st �l�a �rill ���ur� ��yrr,�r�� �f th��� �m�unt�. �u�h ri�[�� ���[I �� �r� ��id��i�n t� �1[ ��h�r �i�F��s �r�d r�m��i�s �t�
<br /> wl�icl� L�n�l�r m�y f���n��tl�� up�n ��f�ult�
<br /> V1fAF�RAi�f�Y� DEFEN�F��7[7�.E. Th�f�ll��rvir�� pr��i�iar,� r�l�tir��t� �r�rr��rship�f th� �'r�p�rty�r��p�rt❑fr t�i� a���
<br /> Q�7r��t:
<br /> Titl�. Tru�t�r w�rr�r��s t��t: {a� Trust�r h�ld� ���d �r�� m�rk�t��l� ti�l� �� r���r� t� �he �r�p��ty ir� f�� �irriple,
<br /> fr�� ��� �1��� �f �Il ii�r�� a�d �r��urry�r�n�e� ot��r �h�n th��� ��t f�r�h �r� tl�� R��I �r���rty d���r���i�r� �r i� t��
<br /> ��i�tin� Ir�d�t����Jr���s ���tion be[�v� �r ir� �r��titl� insur�n�� ��li��, ��tl� r���rt+ or fin��fitl� �pin�on i�su��in f�v�r
<br /> a�rr �r�d a�ce�t�� l�y� t.�r���r i� ��nn��ti�r� witf� tl�is a���l �f Yrus�r �n� {E�} Tru���r h�� t�� ft�lE ri�h�r pav�rer, an�f
<br /> ���h�rit�����c��ut� artd d�[i�r�r�hi� �ee� ��Tr�,st t� ��n�l�r.
<br /> �efen�� �f Ti�le� ��bj���t� �h� �����ti�r� i� tf�e par�graph at��v�� Tf��t�r v��rr�nt� �r��i �r�riCl f�r�v�r def�n�l �F��
<br /> �i�l�t�t�i� Pr���rty ����n��t�r� lawfr�l �l�ims �f a[I p�rs�ns. Jr�t�i� �v�r�t�ny���i�n �r pr�����ing �� ��mm�n���
<br /> �tC��t�u�s�E���T���t�r's titl��r tl�� it�t�r���of�ru�tee ar L�nd�r�n��r thi� a��� �f Tru��� �rustar sk�all d�f��� �h�
<br /> ��tiar� �t Trust�r's ����n��. Tru�tar m�y b�th� n�m irtaf p�rt� ir� �u�[� �r�����i ng� �u� L�r��l�r���I] �� �n�i#l��i t�
<br /> ��rti�ip�t� in �h� �r�����in� �nd #� b� r��r��er�t�d in the �r�����in� by ��un��l �f L�r����'� a�r� �hoic�r �n�i
<br /> T���t�r�vill�l�[i�r�rr �r����� t� �� �l�liv�r��r t� ��n��r su�h it�s�rum�r�ts a� Lend�r r��y r����st�r�m time t�tirr��
<br /> t� ��rr���s��h���#i�i���i�n.
<br /> ��rn�[i�r��� �Ifi�h Law�. Tr��#�r �nrar��nts t�at th� Pr���rty �r�d Trustar'� u�� �� t�� �r���rty ��rrr�ii�s wi�l� �Il
<br /> exis�in� �p�li���ale Ea�nrs, �rdir�ar����r �nd r��u�ati�ns�f��v�rr���nt�l auth�ri�i��.
<br /> �urviv�l c�f R$pr����#�#i�r�� �nd 1N�rr�rtti��. A�I r��r�s�ntatian�r w�rr�nti��r and �����rn�r�t� rt���l� �y Tru�t�r ir�
<br /> th�� ���d �f�r�st sl���l �urvive t�� ��c���ti�r� �nc� ��[iv�ry�f th�is a���i �f Trust� s�r�ll be ��ntin�,in� ir� r�atur�, ar�d
<br /> �hall r�main i�f�ll fi�r��and�fF��t ur�t[I s���tir���s Tr��tar's In���t��n��s�h�ll ��p�i�1 �r�f�ll.
<br /> ��[�Tlh[� IN���T�E�N�SS. �Th���Il��rvin� �rov��i�n���t�����En� Existir�g Ind�b���n�$s�r�� �art�f this����!�f�r�st:
<br /> E�isti�g Li�r�. TI�� [ien a� this D��� �-� Tr��t s��urir�� tf�� Ir��f����dr���s ma� �� s����r�ary an� inf��i�r t� �r�
<br /> ��cist�n� �i�n_ �rra�t�r �x�ressl�r ��v�r��r�t� �n� �gr��� �a ��yr �r ��� �� tl�� p�ym�r�t �f, tF�� Exi��in� ln�eb�edr����
<br /> �n� t� �r�v�nt ar�y ciefault or�s��h in������n���t �r������t�l�ur�d�C th� instr�m�nt� �vi�f�n�in� ���h ind��t��fr�����
<br /> or any d�f���t�n��r an�r���urity�a�urr���ts f�r�ue�r ind��tedn���.
<br /> Na N[�di���ti�n. Yr�$��r �h�ll n�t �r���r int� �r�y ��r���r,�r�t with the �aCd�r �f �ny m�rt�a��r d��� �f tru�t, ar
<br /> �t[��r ����ri� �gr�em�r�t �rv�i�I� E��s �ri�rity ���r �E�i� a��c� o� Tr��t l�y ��ii�f� tF��t ��r�ement is m��lifii��r
<br /> �r��r,��dr ��€ten�e�r o� r�n��r�� vuith�ut th� �ri�r �vritt�r� ��r����t �f L�nd�r. �i"r�,���r �h�ll n�ith�r r��u��t r,�r
<br /> ����pt any�r�tur��d�ra���� u�d�r�rr��u�h�e�uri�y��r��m�n�t�v ith�ut th� �ri��v�rri��rt��r�s�r�t a#L�nd�r.
<br /> ��[��EM�1ATlON. Th�f�ll��ir�� ���vi�i�n�r�l�ti��t� ��nd�mnati�n�ra����iir����r�a p�rt�f thi� ����J ��Tru��:
<br /> �r�����in��. lf �r�y �r����d i�� �n ��nd�mn��i�n �� fil��r Tru�t�r s�t�E9 �r�m RtCy natify L�nr��� ir� �vriti��r �r��f
<br /> Tr�st�� shal] p�a mp��y��k� s��h �t��� a� rirt�y �� ri���s��ry t� ��fen� �h� ��ti�r� �r�d a�t�in t�� aw�r�. �ru��t�r
<br /> ma����F��rt�mi��� p�rty rr�su�f� �r���edin�r �ut L�nr��r�h��f b��e�titl��[�� ��rti�i��t��n tl���r�����i�� �r�d t� I��
<br /> ���r�s�r�t�� ir� t�� �r���e�in� �y ���n��l �f it� ��vrt ������r an� Tru�t�r wil! ��liv�r �r ���s� t� �� d�liv�r�d t�
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