2� 17��3�9
<br /> ���� �� ��L���
<br /> ����tir�u��� ���� �
<br /> �'ru�t�
<br /> Ri�ht t� �arttes#. Tn,�t�r rr,�y v�ri�f�ho]d pa�r��r�t�f an�+t�x, ������rr��n�, �r�I�irx�i r� ��r�n��ti�r�v�i#h a�aad f�it�
<br /> di�put��v���he obli��#i��r�� �ay, ��lari�as L�n��r'�i�t����t in th�pr�p�r-ty�s n�t�����r�i���. if a�i�r�a���e���
<br /> is fi��d as � r�suEt�f n�r����m�nt� Tru�t�r�hall v�rith i rr �i���n �'�a� ���r� �ft�r t�� lie� �ri��� �r� if� l i�� is fil�d,
<br /> u�ritF�ir� fifte�r� �'i 5} �l��r� a�ter Tr��tar has r��ti�� �f th� fif ir��, ��cur� �h� di��Y��rg� of#h� �i�r�� �r if r�qu�sted ��r
<br /> L�r�der,�����it w�tf� �.���l�r���h�r�s+��fi�i�n�c�r��r�t��uret�+t��r��Qr�th�r s��urity�a#isfiactar�r t� I��r��l�r in�rr�
<br /> �mount su�i�i�n#t� di��]��rg�tf�$�i�n �C��a���o�t� �r�d att�rn���'��es, ar�t��r�F�ar�es th���Quld ac�ru����
<br /> r��ult�f a f�r��l�s�ar��r����un��r th��i�r�. ]n ar�y��r�����,Trust�r��al]��Fen��#��lf and L�r���r an��ha�l��tis�}+
<br /> a��adv�rs��u�g m�n���f��e en��r��m���agair,st t��Pr�p�rt�. T�s#or�h�11 name Lend�r��an�dditi���l Qbl igee
<br /> r�r�d�r�r�y�ur�#��ond furr�i�h�d i�#h����t�st pr�����i��s.
<br /> �wider��� �f Payrrx�r�t. Tru�t�r s��l[ ���r���rri�n�tu r���� #� �end�r��#��f��#����ra��n���f���rrr��nt�f th������
<br /> ar������m�nts a�� shall �ut[��riz�the ��pr��riate�av��r���n#�I�ffi�ia] f� deliv�r t� Lend�r�����tim� a wr�tt�n
<br /> s��#�ment a��Y��t�xes�r���5s�ssr��r�t���ainst tl��l�r�perty-
<br /> r�otrc� ���ar�stru��i�n. �'ru�t��`sh�l! n�tif� �.�n��r�t lea�t fi�te�� �'��}���rs k��f�r��n}r w��'E� i���mm�r�ced, �ny
<br /> ��rv��es�r�furni�hed,�T an�+rna��r��l��re�u��]i���� fh� �r�p�rt�+, if���+rn��ha�r�i�'� li�n, mat�rf�l�rr�n's ii$r�, a�
<br /> Qther�ier� ��uld b������#ed �r� a���un��t th� wQr�, �$r�i���, vr m�t�ri�l�. Tru�#�r v�ri�l �p�n r�qu��t�f L��t��r�
<br /> f�rr�i�h t� L�r���r adv�rrc� ���ur�n��� �at�sfactar� t� l�end�r tf�a� Tr��t�r �an and will pa� #h� ���t �f such
<br /> ir��r�v�r�e�ts.
<br /> ����EF�T'�[�AIVIA�� rN�URA�V�E� �i h� falf��vi�g �r��isi�r�� ��latir��t� in�t�rin� t�� l�r�perf�r�r�a part��t�is ���tf��
<br /> Tr�st�
<br /> I�a�nt�nan c� �f�n�ura n��. Tr�st�r sF��rl �r��ur� �r�� rnainta��� �Qli�ies �f f�� in��r�n�� wi#h sta�nd�rd ��ct�nd�d
<br /> c��r�r��e �n€i�rs�ments�r� � ��pta�em��� �a5i� f�r f�� �ul] in��r��l�va�u�����rin� ali Irn�����rn�nts �r� ��� R��]
<br /> �����r�► in �� �rr�aunt �uffi�i�n� t� ���id a��l���ti�r� ��any��ir�sraranc� �1�us�, a�d wit�r a stan�ar� ��r#ga�e�
<br /> c��us�i n fav��-�f L.��t€��r. T��t�r�h�ll�l����-a�ur���� main#a�i� �Qrn�r�h�nsiv��en�raC!i���l�t��r��ura�rrc�in�u��
<br /> ���erag� �m���ts a� L�r���� rna�r r��u�st with �'ru��x�� and L����r�$in� r����� a� �d�iti�na] rn�ur��l� ir� sU�h
<br /> li��ility� in�urar��� ��IiG�es. A��iEi�nalCy, 7ru�#ar s[�all m�inta�in ��r�f� �t�er in��rr�n�e, in�lu�in� �ut n�t limit�d t�
<br /> #��xarci, �usir���� i�terrupti�n, and h��l�r insura�r���, �� �.ender�m��r r�asana�l�r r��uire. F�of i�i��sh�fl ��written in
<br /> f�rrrr� a mounts� ����r���s �r��l �a�i� r��sQr�a�l�+ a����#ab�e t� L����r ar�� is���� �y a �����ny �r ��m��ni�s
<br /> r����nab�y a����ta�le t� �.�ndet-. Tru�#�r, ���n r��u�s� of L�r���r, �rwrill d�li��r to �e�de�-fr�m tim� t� tirr�e th�
<br /> ��la�ies�r��rti��ates�f�r���ran�e ir���rrn �a#isf��t�r��� Lend�r� including sti�ulati�n�t����o�e�a��s�ui�l n�t��
<br /> �ancelC���r�iminish�d wit��ut at�����thirty���� �a�rs �ri�r�rvritt�n n�fi��to L�n��r. Eacf�in�ur���� �ali�y�Is�
<br /> �ha11 inciud��n�n��r��rr��nt pr�wr�ir���t��t c�v�r���in fav�r�f L�n��r will �Qt be�m��ir�d ir�a�y v�r����r an�+a��*
<br /> �rr�i�si�� �r default�f�`rus#�r��-�n�►�#f��r�p����r�. Sh�uld th� F���� �����t�fy be l���t�� in �r��r���e5��r��t�d��
<br /> #h��1�m�r�i�trat�r�f tl�� F��erai�r��r��n��r�a���emen�A��r�����a�p��ial fia�� h�zar�area�Tru�t�r a�r�es#�
<br /> obt�in ��d �n�ir�tair� ��d��l �l��d �nsurar���, if availa�l�F f�T the f��l ur�pai� prir��i��f �alan�� �f#�� laan ��r�! an�►
<br /> Rriar li��� on the �r���rty ���uring th� i��r�� up t� �h� rna�cimurrr p�li�� limi�� ��t ur�d�r th� ��#i�n�l F����i
<br /> In��r��c�Pr��r�am,or�s�t��rvvise r���rir��b�L�n�f��,an�t❑ m�i�#air�su�}� insr�ranc$f�r#�$#�rm�f tf��I�ar�.
<br /> A�a�l��a�t��n af�r����ds. ��$t�r sha�l pr�m�tly n�fif�+ �end�r�f�n�r loss�r d�ma�e#a t�� I�r���r�r. ��nder ma�+
<br /> m��C� pr��f�f I��� i� Tru�tv�- f�i1� t� �� �� r�rit�E� ��e�n �'��� da�+� �� tl�� c�sual��►. 1�11heth��-�r n ot L�r���r'�
<br /> s���rri��+ rs im���r��i, ����1�r�ma�t at ��n��r's �r��ti�n, reG$iv��n���t�in�1��pr��e�d���ar�y ir�������and �����
<br /> #h� pr�c���s #� #h� r�du�ti�n ❑f tl�� I rtd�bt��n���, p�yr���t �f�ny I��r� aife�tir�� ��� �r���rty, Qr th� r��t�ra�io�
<br /> �n�r����r�t the Pr���rty. I f L�r��l���I��t� t� ��pl�+th� pr����d�t� �r�s#vra#ian �n�r��aair��'ru�t�r sha�l ����it v�
<br /> repla�� t�� d�ma��d vr ���tra�r�� Irr��r���ments i� � mar�r��r �ati�ta�t�ry #� Lend�r. ��nder ���r�, upan
<br /> �ati�fa�t�t'� �r�af �f �u�f� �x��r�ditur$� pa�r ar r�imbur�� 7ru�tor fr�m th� pr�c���� f�r t�� ����vna�l� ���t �f
<br /> r��air �r ����aratian tf 7'rustar rs r�Qt i� ��fa�lt �r�der thi� ��ed af T�ust, Ar�� ��a����fs w�i�t� ha�r� n�� �e�n
<br /> �i��ur�ed with in 18� r���r� a�ter th���r�cei�t �r��r�vhich L�n��r has n�t �Qm mit#�d �� th� r�p�ir��'r�s#�r�ti�r� ��
<br /> tl�� F�r����t��hall b�u��d fir�t t❑ ���r ar�y am�r�nt�win� #� L�n�i�r ur���r thi����� Q�Trust, t��r� t� p��r���rued
<br /> int�r��tF an� tl�� r�r�ain�i��, if ar��r, �]���I �� �p�l��� #� th� ���r�ci��l h�l�r��� ot th� Ir��f��tedn�s�. If�end�r I�o���
<br /> ��]� pr�����s �ft�r ���rmen� rrr f�ll �f th� �r����t�dr��s�, s��h pr����ds �ha�l �� Raid t� �'ru�tar as �'r��t�r'�
<br /> i r�t�re�#s rn��+apA�ar�.
<br /> Tr�s��r'� F�e��rt�n Inst�ra�nc�.,l�p�r�r��u�st���endert hav�r���r n�t rn�re than �r���a y�ar,�rustar sf��ll f�m ish
<br /> t� L�n��r � r���rt �n $��h ��CI�t�r�� p��i�� �f in�ura n�� �howin�: ��1� tho nam� ��tl�� in�r�r�r; (�� �.#�� tf���
<br /> �CISuT�d� ��� �h� �17'i�l1C1t �f �h� ��l��y: �4� f1�� pr�p�rt�+ in�t�red, th� ���� Gurr$n� r��r��em$nt ��lu� �� ����
<br /> �r��er#�, �n�I�e rnar�r��r�f d���r�rr�r�i��that�r��u�; ar�d ��� the�x�i�at��n da���f th���li�y. 7'ru�to�-sha]�� u��r�
<br /> r�����t of L�n��r, h�r���r�rn���end�r��a�p�ais��s�tisf��f��r tQ L�nd����#�rrnrr��ti���a�h�alu�r��lac�m��t cQ��
<br /> �f���F�r���rt}+.
<br /> LEN��R'� E����p�T[�RE�. If any a�#i�n�r pna���ir��is€�rnm�n�d th�t��u�d m����ia�l�a�f����.�nde�s ir�f����f in
<br /> tFi��r���rt}r�r if Trust�r f�ils t��r��al�w��h �ny�ro�isi�n�f tF�is D���f Trus��r�r�y F���ak�f����m�nt�� ir�c�udi��
<br /> �ut��t iirn�t��t� Tru�t�r�� f�ilur�t� �i��h�r���r p�}��n+l��r� �ue any�mflunt�Tr����r i� �equir�#� d��cl��r���r la,a�
<br /> ur�c��r ff�i� ��f�"�ust�r�ny l�l�t���um�r�ts, Lender��'Trust�r'�t��hal�rr�y��u�sh�l! na�b��bl�gat�!����ak�
<br /> �ny a�ti�n t��t L�r���r�1�$rr� ��a�r�pri�#�� includin� ��t �nat Cir�it�� ta ����h�r�in� �r���in� ��I t����} liens, s��urity
<br /> �nt�r��t�, �n�urn��r���an�f�th�r Gl�rms,�t any tir��I��ried�r�l��d�n���F�r��e�ty���pa�rin��1���s�s fa�-ir���rin�F
<br /> malntaini r��and pr�s��ring t[�� �r���rty. A�I �u�h e���n�li��res it���rr���r��it��y L�r���r f�r��r�h ��r�pvs$�wil! #F��n
<br /> bear int����t a#th� r�#��har��J under th� Note fr�m t��da��in��r�ed�����d b�Ler�d�r#�t�e�at��f re��yrr��t b�r
<br /> �`ru�tar. A�I �uc� e��ens�v�rilr ���me � ��rt�f tf�� lr����tedne���r�d, at ���de�s apt��r�, �i l� ��►} t� pa�ra����n
<br /> �lemand; ��� � �dd�1 #� ti�� ��1an� �f t�e No�� �r�� be app��#i�n�d �rx�r�� and b� ��yafa��r�it� an� inst��lm�nt
<br /> �aym�nts t� �a��ar�����u�r����ther ��I� ��e term�f�ny a���fi�����n��r�n��pal i�r�; �r ��� th� r�m�a�r�in���rrn af
<br /> t�e i�l���� �r*��} I�tre�t�d a�a bal�a�r� ���m�r�t v�hi��r v+�il� t�c�u$�,r��i���ab�e�t#1�� 1�10��'�m�#u��ty. The���f
<br /> ���� �1�$��I�E ��LI�$ ���!!'7'I$f'�t ����'1$SA �I'x'tibLlr7tR. �u� ri+�1�� sl'��tl! I� irz raddjti�n C� �ral �tF��r r��l�-�t� fiartd �ctrr3c�[71� LQ
<br /> v+r�f�n L�nder m��b��f]tltl��l���a�f�LlCt�
<br /> WAF�1��1��'�Yi aEI�FN�E�F�`JTL.E. Tf����fl�wi ng pr��i�i�r��r�l�t�r��t� �wn�r�h ip�f th� �r���rty�r���a rt af��is ��ed
<br /> af Tr�st:
<br /> T1tt�. Yru�t�r��rr�r�t� tf��t: ���Trust�r h�1�s g��� ar,� ma�k�ta�l� #i#i� �f r��Q�� �� th� �rQ��rty in f���irr��le�
<br /> fr�� �n�����r���II li����nd �ncu�nbranc���tF��r t�,�r� �1���� s�t f�rt� �r� the F���! �rQp��y ����ripti�r� ar i� �ny
<br /> tit�� insura�rc� �Q�i��. titC� rep�r�r �r �naJ titl� ��ir�iar� ������ in f�v�r ��� an�# a����t�� b�r� L.end�r i� ��nn���i�r�
<br /> wfth tf�is����!of Tru�t��n�f ��}Tru�tQr has tC�e fuJ�ri�l�t, �ow�r,�r�d auth�rity t���ce�ut��r��i d��iv�r thi� ����of
<br /> Tr��t t� L�n��r,
<br /> a�f�n�� �f T��le, Subj�c� tQ th� �����#��n in ti�� Rar��r��l� �l�o��, Trus�ar v�rarrar�ts �r�� v�r�l� f�r��r�r�efend ti��
<br /> ti#I� �� tl�� F��oper#y a�ainst t�,� lav�rful �I�im��f all �er�ons. �n �1��sv�nt an���t«n�r�r��e��Rr�� is��rn�nen�ed
<br /> that�u��tl�n�Trust�r'� �i�a� �r�h� int�r�st�f�'rr��t�e ar L�r���r un�t�r#�i� D�ed�f�f'��s#,�'ru�ta��hal!d�f�ri� tl��
<br /> ��ti�r� a t Tru�t�r'� �x��n�e. Tr�st�r r���r��#f�� r����n�I pa rty ir� �u�� pr�ce�din�t bu k �end�r s�r�IC a��r�titl�€� �o
<br /> �art`rc����� ir� th� �r���e�ir�� �r�� �� �� r�pr�s�r�t�� in the �r����din� �y ���ar��el af L�r���r�� ��ur� �hoi��, �r��
<br /> TrUst�r vxr�ll ��li�+�r' Qr�au�$�� ��der�w�r��,t� L.�n��r$r��h instr�rn�r�ts as L����r m�}r��u�st fr�m #�r��t� t�rn�
<br /> t�p�r�i�su�h par#f�ipation�
<br /> ��m p(ian�e i�it� Laws. �'rust��warr�r�t� th�t th� Pr�perty ar�� Tru���r�� u�� �f tl�� �'r�p��fy ��r�pl i�� �nrit h �1�
<br />
|