Laserfiche WebLink
2� 17� 1739 <br /> ���� ��' �`C���T <br /> ���1�#i�u��� ���e � <br /> �h�11 in�lr���an end�r��m+�nt�«�i�#i��l��t��v��r���ir����r�r��L�nd�r wil!n�t l��irr�pair��ir��r��r�nr�y��r�n}act, <br /> Qrnis�i�n �r���ault�f�E��tQ������r�tl��r��rs�r�. �I��u1� tFr� ���1 F�r���rt�r ��loc�ted in an�����t�s��r��t�d b�r <br /> th�A�min i��rat�r-�f th����t�r��Em�r����y i�i�r����rrr�r�����r��}�������ial fl�a� h���r€�area,�'tu�t�������s t❑ <br /> ��fain and rn�int�in F�d�ra� FI��� �nsuran�e, if�rrailabl�, f�r��� f�ll unpai� �ri��i��I t��l�n�� ���h� C��n an� �r�� <br /> �ri�r li�r�s an th� �r�p�rt�r ����ri�g th� laan, �� #� the rnax�mum ��I��� litx�it� S�t t�n��� th� iVationaC �la�� <br /> Ins�ran���r��ra�n,a���❑th�n�ris�r�quir�d b�r�.�nd�r,and t� m�in tain su�h�n�uran�e fa�tl��l�rm�f th�l�a�r. <br /> App]���t1�n �f p�r�c��d�� Trra�t�r sh��l �ram�tly�,ati��r ��nd�r�f any l�s�ar darn�ge t❑ the Pr�pert�r. L�n��r m��r <br /> make �r��f �f I��� if �i'rustar i�iC� t� �a sa v�rithirr fi�t�en ��1�} ���s af th� �a�uaCt�+. �l�f�►��he�-�r ��t L�n���"s <br /> s�cu�'i��i� irrr���r��, L�r����ma�r, at L�nd��'� �1��ti�r�, r���i�+��n� r�#�in th��r�������f�n�in�ur�n��and a�P�Y <br /> tt�� �r�����s �� th� r��r��tiQn ��t�� 1����t�dr����, R�yrrz�n#�f�ny I��r� aff��ti r�� #i�� �r����t�y, �r tt�� r��t�ratia� <br /> and r�pa�r�f th� Prop�rt�+. If L�nder ef���s t� �pp1}ti�� pr���ed��� restar��ian �n� r�pair, �'rustvr�hal� r���ir�� <br /> r�p1a�� the �ama�ed ar d�stra�r�d [m�r��rem�r�t� i r� � �n�nner ��tE�fact�e� t� Len��r. L�n��r �hall, ���r� <br /> satisf��t�ry pr��f �� �+��h �x��r��itur�� ��� �r r�crr,��r�� Tr�st�r frarrr tf�� �r������ ��r t�r� r��s����fe ��s� �f <br /> repai�- ar re�t�rat�an if Tr�st�r is n�t ir� d�f��l� ur���r t�i� ���� �f Tru�t, Ar�� �r������ �nrh9�l� h��� n�t h��n <br /> di��ur��d �itE�i r� �1�� d��s �ft���i��ar r���i�t �n�r�vh���r L�n��r�a� �Qt�Qrri mitt�� t� �C�� r���ir�r r��t�ratian �f <br /> t�� P��perty sha11 ��us�� fir�t t� �a�r�r�y��au�t�win� #a ��r����ur����tt�i� �����f�ru��, tFr�n t� �ay a��rU�� <br /> ir�t�r��t, and tC�� r���in���', if�r��, �I��II ������i�� t� #i�� ��in�i��� ��l�r��� ��tY�� �r����te��r��s. If L�r��f�r h�ad� <br /> an�r pr���eds aft�r pa�rrn�nt in ful l �f t�� Ind��t��n���, �u�� ��r����i� s�r�ll �� ���d �� Tru�t�r �s Ti rus#�r's <br /> ir�t�r�sts ma������r, <br /> ��m�lia r�c� w��l� Exist��� I��l��t������. a��i r�� �I�� ��ri�� �r� �vl�i�t� �n� E�€i�tir�� 1 r��l��t��r��������ri��� b�la�i� <br /> i r� �ff���, ��mpli�n�� witi� t�n� in�uran�e pr��r�s�vn� �vnta�ned i� the ir�str�rn�n t �vi��n�in� �u�� ��istir�� <br /> In���t�dr���s sh�l� �Qn�ti�ut� ��rr�plaan�e wi�h �h� in���an�� Rr�vi�i�n� �n��r �his ���� �f �"�u�t� t� th� �xt�nt <br /> ��rrr�Ii�r��� v�ith th� t�rm� o f thi� a��� vf�"rus�wo�Id ��nsti�ut� a �iup[icati�n �f i�surar��� ���uir���r�t. If�r�y <br /> pr�������r�rri tC�� in�ttran������m� �a��rabl��n iv�s� th��r��Esi�r���n t�i� �������'�u����r�i�i���r� ��pr�c��ds <br /> �I��I�aRpl�r�r�ly�� ti�a#p�r��vn�f the pr��eed�n�t�a�a�le t� the ho1��r�f th�Exis�in� In���t�dr����. <br /> T�`��tQr+� 1����r��n �nsur�n��. i��on r�e��est�f Lendert hvw�w�r n�t m�r�than �n��a�r��rr 7�r����r���11 f�rt�i�h <br /> �� �.�r��t�r` � r�p�rt on �a�h existi r�� p��i��► �f i r�sur�nce sh��rin�: �'I} the nam� �� ��� �r���r�r; ��} tl�� ri�l�s <br /> in�ur��; �3} th� �m�unt �f the ��1i�y; ��� th� �r���r#y insU r��, th�e th�n �urr�nt r��l�cement �alu� �� ���h <br /> pr�p�rty,and th�nt�r�r��r�f d�t�rmi�ir�g t[��t�ral��;�nd ��� th�$xp�r�tion ��t��f th e p�li��r. �'r��t�r�ha�!� r���r� <br /> r���est af L�nd�r�,ha�r�an ind�p�r���rr��pp�ai��r��ti�f��t��t�L����r��t�trr�in��h��a�h�raiue r��l�c�m�nt�ost <br /> of tF���r��erty� <br /> L.�N�E�'� E��EN�ITI�I���� I��n�r��ti�n�r pr��in�as�mm�n�e�that w�ul� m.a#�r��ll�r�ff��#I��r�����i r�t�r��t�� <br /> t���r�p�rty or if Ti rt�st�r`f����t���m�iy v�rith �n�►�r�vi�i�n�f tl�i� ��f Yr��t�r`�n�F�l�t�ct���urr�r�ts, in�l�r�ing <br /> �ut r���lirr�i#��t�'T'r�tst�r��fa��ure t� �mp1�r vxrith an���li��ti�r�t� mai�n�air� Exisfin� Ind�t�����ss an��st�r��i��as <br /> r�quir�d t��C�v�v,�r���is�har���r�a�r vxrh�n����n�►arn�unts Trust�r i�req�ir�#a di�char���r pay�n��r tf�i��d�� <br /> �"rust �r an� F�el�t�l a��urt�nts, L�r���r�r�Tru�fa�s ��half rr��y �t�ut���II �r�t �����i��k�d t�} take ��}a�t�`�n ��n�� <br /> L�r���r deerr� appr�priat�* inclu�fin� t�ut n�t lirn�ted t� di��har�ir�� �r p��ring �I� �x�s, [�ens� s�GUri� in#�r��ts, <br /> en�umbran� �r�� ��h�r �I�irr�, �� ��y tirr�� I��i�� �r �#�� �r� #�� �r���r� �r�� ���rir�� a!I ��sts f�r rnst�r�ng, <br /> r�r�aint�i r�in��r��i�r��r�ri r��th� ����rty, All �u�h��c��n�itur��ir�curr�d�r pai�l]�y L�n�l�r far`�u��r p�r�����il I tl��n <br /> ��r ir�t�r��#at th�r����har�ed und�r tF�� N�t�tr�m th�d�t�in�urr���r p�id�y L�nder�a th��iate�f repa�+men#��r <br /> Tr��t�r. �►II �uch ��€p�er�se�wi�l be�rr� a��rt of�[�� Ir����t�1r���s and' at Lend�r'���tian, v�rill ��1� �� pa�ra�te on <br /> ��m�a��; {�� be add�d �� th� ��]�r�� �f��� N��� ��� �� ���rti����l �rr�r�� �r�� t� ��y��1� wit� �ny installm�n� <br /> pa�men#s t4 beaaer��u���rrir�g�ith�r {"i� l#������t�f�r������i�����r�s�r�r�����I i��r; �� ��� ti�� r���ir�irr�t�rm�f <br /> th� C�l�t�;�r ��� �tr�at��1�a aal�o�n ���m�nt which wial be�iue�nd��yab1��t th� N�t�'s ma��r�ty. Tf-����� <br /> Trust al��+tiril� se��t�� ���rr�r�t ��t���� arr��unts. �u�h r��ht sf�all t�� in ad�iEti�n t� �If �th�r ri�l�t� �r�� r�rr�di���� <br /> v�rhi�h Len��r�rway b��r�titl���p�n��f��l�, <br /> 1�lA�RA�1'i'1�� �EF�N���F TIT�E. T�e��la�v�ir�� �r�u����r��r��atin� tQ�v�rn er�hiR���h�P r���rt�+�����a�rt�f th i� a��� <br /> ���`ru�k: <br /> Title. Tru�t�r w�rr�nt� th��; ���Tr��t�r F��I�i� ���� �nd �nark�t��l� ti tl e ��r���rd to #�� F�r�p�rt�ir� ����irr��1�, <br /> fr�� ar�d ��ear�f�11 Ii�r��and ����,rn�r�r���� �ti��r ti��r� tC���� ��t farth i� th� 1���1 prap�rl�r d�s��p���r� �r �r� t�� <br /> Exis#i��]nd��t��n������ti�n���vw�r in�r��r�it�e insur�nc�p�licy, title r��art, �r final titl�opinio� i��u��in f�w�r <br /> �f. �r��! �����t�d i��+; L�r��i�r�� G�nnaaf ior� with !h is ae�d�f Trust� �r��i {E��Trustar h�x�tF�$ ful[ r��h#. �ow$r. end <br /> a��thari��►���x��ut��nd��liv$r#�rrs a����f'�ru�#t� L�r��er. <br /> a���n s� �f 7�t��. �u��e�k �� ti�� ex��p�i�n in th� �aragraph �bov�, T�u�t�r w�rran t� ����+v i]I f�r�v�r d�f�n� th� <br /> #it�� ta th� Prop��.���a�r�st t�e I�wf�I �I�am��f��� ��r��n�. In the�v�r�t an�r acti�n�r pr�c���ing i����nrn�n��� <br /> th�t�u���i�ns Tr��t�r'�titl� �����interest�f Tr��tee or L�n���ur�d�r th is ����af Trust�Tru st�r shall�f�f�nd th� <br /> a�ti�r� �t Tru�t�r's �x��r���. Xru�t�r rna�r ae the n�min�l �art�r in such�r��e�ding, i�ut L�n��r�Y�a�l �$��ti�ied t� <br /> par�i�rpat� in t�i� �r�����ing �n� #Q �� r�pr�s��t�� i n th� pr�����ir�� b� c�ur�s�� �f L�r,��r'� ��nrr� �h�i c�� ar�� <br /> �'ru���r wil� ��liw����t�u��t� �e d�l�r�����, tQ L�r���r�u�� ir��trum�nts as L�n���m�y reqt��s�fr�m tim�t� time <br /> t� p�rmi#sU�h parti�i��ti�r�, <br /> ��m�lran�e Wit� l.�w$+ Tru�t�r��rr�n�s ��a� the �r�petty and Tr�stor'� �s� �f t[�e Prop�rty ��mpli�s v�rith all <br /> �xi�#in�appli���i�I�+�v�,�t�ir�ar���s�an�r��uia#�ans�f g��r�rr�m�r�#�I�utk���riti��. <br /> ��rv�v�[ �f F�e�ar��er�#at��n� �an d Vl�arcanti�s. AI I r��r���r�t�ti�n�' w�rr�r�#��s* �n� ��r��m�nts ma�� ��+T�r��#�r in <br /> #hi��ee�d���'ru�t sC��ll�r�r�i��#���x��ut��n and�e���ery�f this a�ed��`�'rust� sC�a�ll ����r�tir�uir�� ir�r����tr�� ��d <br /> ��all remain ir�full f�����r��������ur�til su�h�fine�s Tr�t�t�r's In�l�t�t����ss��r�11����i�i�r�f�l�. <br /> ��I���N�[NaE�T��NESS. 7fr�f�����in� �ro�isi�ns�an��rr��n� Existing ln�eb��drr�s��r�����t���hi� ������7��s�: <br /> �x��t�rx� L1ars. TF�� li�� Q f [Fa�� v��d v� Tr�e�t �r��urin� the� Ind��l�adn�r�e� rt��f �� �+:��n�l�� �r��i [�P�rl�r t� �r� <br /> �xistin� li�nF Tr�st�c�x����s]�r ����r��nt��nd a�i���ta p��, Qr���t� th� paym�r���f! th� ��1�f�ng Ir�d�b��dn��� <br /> �n�t� �r���nt�n�+�����rt ar� �u�h ind�b�edn�s�, an�r�efau It unde�t��in�tr�m�nts ��r���rr�irr� s�a�1� in���t�drr���� <br /> a��ny�l�fa�a It un��r�n�r s�cta ri����c��n�ni�far su�h ind��t�dr�e��. <br /> Na IIIE�difi�a����n. Ti rus#Q�'���II n�t ent�r ir�f� �r�y ��r��m�nt witC� #he �ar�er�f�r�y r�-�Qr#����, d��� �t tr��#� �r <br /> �tF��r securit�r a�r��r��nt v�I���C� ha� pfi�rity �ver this ���d �f Tr�st �y ��i�� tl�a# ��r��rr��n# is ��difi��, <br /> amen���, �xten�ed, �r r�n�v�r�� �ritl���� the pri�r�rritte r� �ans�nt �f �..�n��r. Tr����r �h�ll r��itl��r r�����t r��r <br /> ������an�r�ut�r��ti�a����urrde��r���u������rit�a�reem�n�wit[��ut the pri�r v�rri�t�n ��ns�r�t�f L�r��ter, <br /> ���[F��I�i�AT��N. Th�f�ll��►in� �ra�i�i�r��rel�tin��� ��r���mn�ti�n pr����din�s a�r�a���rt�f tl���[�����f�'ru��: <br /> F�r�c���llrig�. I� �n�r pr�edi�� in c�r��l�mr���iar� is �le�� �'r��t�r- �l��li �r�mptl�r n�ti� Len�der in vurttin�� �r�� <br /> �'rust�r�h�ll �t�mpt�y tak�su�h s�����r��r��n����r���d�f�r��tf����ti�n �nd�bt�in ih��v�+ar�f. �'rust�r <br /> ma�r E�fh�r�arriin�l��rty in su�h pr��eedingF �ut L�r���r�1��1�b��nti�l��#���rti�i�a�e in t���rac��in��nd t�be <br /> r�epr�sent�d ir� t�� �r�a��in� b�r ��nse! af it� �vu� �h�i�, �r���`r��t�r��vill ��li�rer�r c�use t� i�� deliv�red tfl <br /> ��r�d�r su�i inst�um�r�ts �r�d ����rr��nt�tion as ma�r t�� r+e�qu��t�d ��+ ��n���-fr�� ��r�� t� tir�� �� ��rmi� �uch <br /> partici�ati�r�. <br /> App li��t��r� af N�t��������, I f a�!or�n�►��rt��th� Pr���rtg�is�r���m��l��r�rr�inen#d�ma�n pna��d�ngs or�y <br /> an�►����iin��r�urc�as�ir��i�����r���mn�ti�n, L�r�d�r rt�ay�t it����cki��r�quir�#k��t�!I�r�r��r��rti�r��f th� <br />