Laserfiche WebLink
2� 17�2137 <br /> �E�� �F T��J�� <br /> L��r� h[�: 7���'���� ���r�t�r�u��� �a�� � <br /> a r�� re��i r �f th� �r�p�rt�. I� L�n�er �I��ts �a ��p�y��e pr�c���s t� r��t�r�ti�r� �n� r�p�ir, Tru�t�r s hal l r�p�ir �r <br /> r��la�� ��re ��rrr���� �r d��tr����i lrr��r���rrr�r�#� in � rn�nn�r s�tisf��t�n� t� L�r�d�r. L�n��r �f��ll, u�o�r� <br /> ��tEs���t�r�r pr��� �f s�a�h ��p�n�ii��r�� �ay �r r�iml��r�� Trr��t�r f��m th� p r������ �F�r t�� ������n�bl� ���� �# <br /> r��ai r �r r����r�ti�r� i# Tru�tar i� n�t i r, ��f�ul� ur�d�r tl��s ���� �f Yr�,$t. �ny �r�����s w���h �a�� r��t b���r <br /> �ti���rs�� v�r�thFn 1�� �a�r� �f��r �h�ir r���ipt ��d whi�l� L�n��r has na� ��mrr�itt�� t� tl�� r�p�ir �r r�st���'t��� �� <br /> tl�� Pr���rty s I���I �� �s��f fi rst t� ��� ���+ �rr���r�t ��v in� t� �en��r �n��r�hi� ���d �f Trustr th�n t� p��r ���ru�� <br /> in�k�r���, a r��J th� r�m�inc��rr if �nyr s h�l I k�� �p�[i�t� t� fi[�� �ri n�i p�[ �al�r��� �f tl�� 1 r�d�k����ln�s�. lf L�nd�r E��1�€s <br /> �r�y pr����d� �ft�r p�yrr��r�t ir, fc�l� �� �tl�� lr�d�����n�ssr s��h pr������ �h�ll Ia� �ai� t� Tru�t�r �s �ru�t�r'� <br /> int�r�s�t� m���pp��r. <br /> ��rn�li�r,�� w�th E.�i�t�r�g I�c���t�dr��s�. �urin� th� p�ri�� i n vv hi�h a ny E�€is�Fn� I n���t����s� ��s c ri���C ��C�v� i� <br /> in �ff��tr �ompl��n�� v�ith th� in������� �r�vi�i�n� ��r�ta�i��� ir� tl�� in��r�m�nt �vi��r��ir�� ���� E�c�st�n� <br /> lr,d��t��r���� ���IS ��r���titute ��m�li��c� v�rith �h� �n��r�r��� �r�vi�i�n� �n��r thss ���d �f Tru��� t� th� �x���nt <br /> ��m�l i�n�� �nrith t�r� ����s ��r t�i� D eed a�Tru�t �nr�ul� c�r,�tit�t� � d��l i��tio r� �f i�rs�ra n�� r���ar�m er�t. lf �rr� <br /> �r�����s fr�rr� th� i ns�sr���e 1����rr�� ��y��l� �n loss� th� �r�vi�i�n� i r� th i� ���� �f T��s�f�r d��is��rt ��pra����ls <br /> �h�Il a ppCy�n�y���h�t��r�i�n ���h� pr�c���s nat p����I�t�tl�� I��l��r��F tl�� Ex�sti�� �n���atedn��s. <br /> LE��ER'� �����i��TU�E�. �� T�-u���r f�i�� {�} t� l�eep tF�� Pr���rt�r fr�� �f �11 t��e�r f��ns f s��uri�y int�r��t�� <br /> �rt�um�r�n���f �nd �th��r cl�irns, ��} t� pr��id� ar�� r���i��d �r�sur�n�� �n �h� �r��a�rt�+, ��� t� mak� r���trs t� t�� <br /> Pr���r�y �r t� ��m�l� wi�h �n� �bli���i�n �� mair��a�r� E�ci�tin� Ir�d��t�dr��s� ir� ���� stan�ir�g �s r��ui�e� be���r, �h�n <br /> L�n d�r m��r �� s�. I-f �ny �cti�r� �r �r�����i r,� i� ���m�r�c�d tl��t �r��l� m�t�ri a11� �ff��t L�r�d�r's ir,t�r�sts i r� tf�� <br /> �r���rt�r th�n Le�r��r �n Tr�st�r'� la�[�a I�r ma�r k��at i� n�t r��uir�� �a, tal�� �r�}� a�ti�r� ���t ��n��r bel i���$ �� k�� <br /> ���ra�ria�� t� �r�t��t L�n��r'� �n�����ts. All ��c��r�s�s ir��urr�d �r ��€� �y ��n��r f�r su�h �����s�s v��ll th�r� ���r <br /> inter��t a� t�� ��t� ��n ar���l �nr��r �h� N�t� fr�m tl�� �a�� in curr�� �r �a i� �y L�nd�r t� tF�� ��t� �� r���ym�nt �y <br /> �r�st�r. All sr�ch ��c��r�s�s wv�lf ����m� � ��� �f th� �r�d���C��r���s �n�lr �t L�r�d�r's apti�n, vui[1 �A� �� �a�ya�l� on <br /> d�rri�n�i �B} �� �d���I t� �h� ��1�r,�� �� �h� N�t� �n� �� ��p�rti�n�� �man� �nd b� �a�r�b�� witl� �ny irr���llm��t <br /> p�ym�nt� t� i���om��u� �ur�n� �itl��r {1) �th� t�rm �f �rty a��li��1o[� ir��u��r��� ��li�yf ar ��} ��r� r�m�inin� �e�m �� <br /> tl�� N�t�r �� {�} k�� t���t��l �i� � I��II��r� ��ym�n�v�r3�i�h vvill �� d�� �n� p�y��l� at�h� N���r� fYl�tllE'Ct�. Th� ���d �f <br /> Tr�a�t a I�� w il� s���re p��m�nt �f thes� am�unt�. Th� ri�I�ts �r�vid��i f�r 'i r� tl�is p�r��r��l� �f��II h� i n a��i�i�n t� an� <br /> �t��r ri�l�t� �r �r�y r�rrti��i�s t� v�r1�i�1� L�r��l�r rr��� I�� �nti�l�d �n ����ur�� af an�r ��f��lt. Ar��► s��h a��i�n �y L�r�d�r <br /> sh�ll n�t�e��nstru�ai a���€r�n��2�e de�aul�����t� �ar L�r�d��fr�m �ny����dy tl��t i�����rv�rE�� vtir�ul� h��e Fr��. <br /> VI�A�RANTYi aEF��f�E �F`�ITLE. Th���Il��in� �r�v�si�n�r�latin�t� awn�r�h�p�f th� Prap�rty�r�� ��rt�f tl�i� a���l <br /> a�Tru��: <br /> Ti���. Ti r��t�r �rv�rr�nt� th��t: [�} Tr�st�r h��ds ����1 an� m�r��ta�l� titl� �� ��c�rd t� tl�� Pr���rt� ir� �F�� �i��l�f <br /> fr�� a r�d �I�ar �f �I I I i�r,s and �r��u rr��r�r,��s �tf��r tl��ri tl��s� ��t ��r�h i n �h� I�e�� Pr�p�rt� �����i����n �r in th� <br /> E�istin� lnci���e�n�s� ���ti�n 1�e[�w �r ir� an�t�tl� i�s�ran�� ���i�yr t3-tl� r��ar�, ��f�n�i titl� ��ir�i�r� i�s�,�� irr f�v�r <br /> �fr a�r��i ����pt�� �y, L�t���r tr� ��r�r,��ti�r� �,r�tl� �l�i� �eed ��F Tru��f �n� ��} Tr����r h�s th� f�lE rE�ht, ��v�r�r, an� <br /> auth�ri�y t� ����u�e ar�� ��[i��r�t�i� Deed ��Tru��t� L�r�d�r. <br /> D�f�ns� �� Ti�l�� ������� ta t�� ����p�i�n i n the ��r��r�pE� ���v�r Tr�a�t�r v�rarr�n�� a n� v�ri 13 ��r���r d���r,d tf�e <br /> titl� t� tl�� Pr�p�rty��a€r�st tl�� law�ul �I a i�s af�11 p�rs�r�s. lr, tF�� �v��� �r�y��ti�r� �r �r��e��in� Es ��mm�n��� <br /> tf�a� ����ti�n�Ti r�s��r`�ti�l��r th� rnt�r��t�f T���t�� �r L�nd�r �nd�r th�s D���! �f T�ust, Tru�#ar�h�f1 �ef��r�]th� <br /> ��ti�r� �t Tr�star's ��cp�n��. Tr�st�r m ay b� t[�� r�am i r��l ��rt� i r, �u�h �r�c���i r��, �ut ��r�������I I b� en�i�l���� <br /> ��r�i�ip�t� in th� pr�����in� �n�l t� �� r��r�sent�� in th� pr�����li�� by ���n��l �# L����r's a�rvn �h�iG�r at�d <br /> Tr�st�r will ��li��r� �r��u��ta f�� d�[iv�r��r �� z�n��r su�h ir�strur��r�t� �s L�r�d�r��y r�qu��t�r�m �im� ����m� <br /> �� ��rmat S��h p�rti�ip��i�n. � <br /> ��rr��li�r��� V1�it� ���nrs. Tr�st�r �r�rr�r��s tl��t tl�� Pr��er�y a�d Tru�tar's us� �f th� p�~�p�rt�r ��rr�pli�� �v Etl� al I <br /> ���stin�a�p[i�a bl� [��nr�r �rd i r�an���� �n� r���l�ti�n� �#��v�rnm�nt�I a uth�riti��, <br /> ��,rviv�� Qf pr�mis�s. AI[ pramis��, ��r��m�nt�r �n� �t�t�m��t� Tr����r h�� ma�� in th�i� [���d a� Trust shal� <br /> sur�i��th� ����ut��� �r�d �f�li��r� �f�[�is a��� �f Trust� �I��ll �� ��r�tir�uir�� ir� r��tur� ��� �h�li r�m�in �n f�lE ��r�� <br /> �n� �����t�r��il s���t�me ��Tr�st�r'� �n��bt��r��s�i� p��� in ful[. <br /> E�I�TIN� [h[�EI�TE�NE��� TI��f�ll�v�[r�� �r�vi�i��� ��r�����i�� Exis�i n� I nd�b�ednes� �r�� p�rt�f�hi� I����I �f Tr��#; <br /> Fxistir�� Li�r�. T�t� I i�t� �� t�is ae�� �f �ru�t se�uri r�� th� I r������dri�s� rrti�y �� ����nd�ry ��n� i nf�riv r t� �r� <br /> ��i���n� li�r�. Tr����r ��cpr��sf�+ ��v�n�nt� �nd ��r��s �� �ay, �r s��t� tF�� �aym�nt ��r th�� ��i��ir�� Ir������dn��� <br /> �r�d t� �r���r�t���d�f��lt�r�s��[� ir������dn�s�� �r�y+��f�ult ur�d�r t�� ir�strurri�nts ��r��l�n�i��s��h inc�����c�r��s�, <br /> �r�n�+��f��l�����r�ny����ri�y�t���m��t�f�r���h in��bt�dn��s. <br /> �1a 1Ill�di�i�a��c��. Tru�t�� sh��If r��� �r�t�r i�t� �r�y �������nt �rv ith �h� h�l�l er of �n�r m�r���g�, c���� ��F�r�$tr �r <br /> ath�r s���ri�y ��r��rr��n� v�h��h h a� �ri�rity �v�r thi� ���� �f Tr��t �y vwrh i�F� that a������nt �s m a�i�ri�d, <br /> �r��r��l�c�r ��t�r�d��i, �r r�r��v�r�d �nrstl��ut tf�� �ri�r vv ritt�ri ��r�ser�t o�F L�r���r. Trust�r sh�II n�ith�r r�q u�sfi na r <br /> ����p��n}�f���r� ��]��n��� un�i�r�r�y���h�e��ri�r��r��m�n�wi�h�u��h� pri�r v1r rit��n ��r�s�r���f I�����r. <br /> C�E1�[�E�[IIrA�'I��. The f�[lawing pr��ri�ion� r�l�fiin��t� ��nd�mna�ion �r����din�s are a �ar��f�his ���d ���ru�t: <br /> �r����dir��s. �� ��y �r�����irt� in ���r��m r��ti�r� i� fi I��r Tru�t�r s�r�I] �r�m p�l�r r��tEfy L�r���r i r� �rv riti r��, ar�d <br /> Tru$��r �ha[I prom ptly ta�e s��h �fi�ps a� may be n��e�s�ry ta de�en� t�� a�tion an d �btain �h� av�r�rd. �ru���r <br /> m�y���t��r��min�l ��rty ir�s�cl� �r�����in�r �u���n�i�r shal� #�� �ntitl�d t� �ar�i�ip�t� in th� p��c���ir,g �r,d t� b� <br /> r�pr�s�nt�d in ��e pr����cling ka� �o�ns�l �f its ovvn choi��� an� Trus�or �ril� cl��iv�r �r �aus� to �� �f�liver�d to <br /> L�r���r ��t�� it�st��m�nts �n� ����m��t��i�n �� m�y �� r��r������ �� L�r���r �r�m tir�� t� �'rm� t� ��rmit ���h <br /> par�ti�ip�tian. <br /> �1R�li�����r� �f[1���t�r�����is. I f�I I �r�r�y��rt�f th� Pr���r�r i� ��rr�i�m r��� ���m�n�nt����i r, pr�c��+�i n�s �r by <br /> �r��r pr�����in� �r �ur�[�a�e in li�� ��c�nd�mnatianr L�nd�r ma� at it�ele��i�n r�q�i�e th�t a�l �r an�r po��an of th� <br /> r��� ��a����� �f tf�� �v��rd �� a�pli�d t� tf�� Irr���t��fr��s� �r the �ep��r �r r�s��rati�r� �f the �r���rt�. �Th� r��t <br /> pr������ �f�h� award sh�ll m�an t�� av+�r�r�l af�er �a�m�nt a� a�l r�as�na�le ��s�ts, e�p�rts�s, �n�l at�arn�y�' ���� <br /> ir��urr�� �y Tru�����r L�n��r in ��nr���ti�rr v�ritl�tl�� c�n��mn��ti�n. <br /> IjVIF��[TC�111 �� TA�E�, ��ES ANa �HAR��� �lf ��V�1�1VI�IE�lTAL AUTH�F��T���, The fal[av�rin� pr�vi�ian� re�ating <br /> �a �a��rnrry�r�ta�]t���s� f����r�� �h�r��s�r� a �ar��f thi� ���� �f Tr��t: <br /> ��rr�r�t T�x��, F��� an� �h�r���_ l�p�n r������ t�y L��n�i��, �ru��k�r �hal[ e�e�u�� �uch d��umen�� in ac�dE#i�n #a <br /> ��ris ��ed ��7ru�t and t�lc� �vl��tev�r�tf��r��ti�r� i� r�qu�st�� �� L�n�er t� ��rf����r�� ��ntin�� L�r���rrS IC�1�t �C� <br /> ��� R��] Pr��a�rt�r. Tr����r �h�a�I ���m f�urs� L�r�der f�r �l I ta�e�r a� �I���ri��€� f��la�r, ta�e�h�r v�rith a[1 exp�n��s <br /> in�urred in r���r�ir��, ��rf��tir�� �r c�r�tir��tir�� tl�i� ���� �f Tr�s�, �n�lu�irr� v�ritl���t E1�"IEt��l��k �I� ta�e�� fee�� <br /> ����arr��nt�r�r s�amps� �n���h���har�es for r�cor�ir�g or r�gi�tering thi� ����I��Trust. <br /> Tax��, T�e f�ICa v�rin� s1��l] ��r�stit�t� tax�s t� �rti+l�i�I� th�s s��ti�n ���I i��: {1� � �p���fi c t�� u��n th�� t�p� �f <br /> D��� ��T���� �� �p�r� �II �r �ny part �fi th� ln��bted ne�� ��cu r��2 b�r this ���d �f Trust; ��} � ����ifi� t�� �r� <br /> 7rUs��r vv�i�� T��s��r i� �ut�ari��d �r re��ir�� t� d��u�t fr��n pa�rm�n�s �n�[�� �n���t�+�n��� s���r�� �y th�s ty�� <br /> �f ����I ���r���; ��� �����n th i��ype o�F a��� a�r Tfus���ar���t�l� ��ai nst th� L�nd�r�r�h� h�E�l�r af�h� N at�f <br /> �nd (4} � ����i�i� t��c�r� �If �r�ny ���_�� af the �n�e�at��r,��� ar�n �aym��ts �f prin��p�] arr� ir�t�r�st rr��d� l�y <br /> Tr�rst�r. <br />