Title Documents submission

8KS715P60| 85 accordance with the terms and conditions of the Deed of Trust as amended by this First Amendment to Indenture (all of the land, improvements and appurtenances so held by the Trustees are collectively referred to herein as "Llewellyn Park") The description of Llewellyn Park set forth in Exhibits C and D shail replace all prior descriptions of same and the lands described in Exhibits C and D and the improvements thereon and appurtenances thereto shall hereafter be known as Llewellyn Park. In accordance with the Deed of Trust, the lands underlying certain roads constitutes Benefitted Land and not Llewellyn Park and nothing in this First Amendment and the Indenture purports to or shail change the ownership of such tands or the existing rights of Proprietors to utilize same. SECOND: THAT only the Proprietors of those certain tracts and parcels of land located in the Township of West Orange and more particularly described on Exhibit E attached hereto and made a part hereof (such lands are referred to herein as the “Benefitted Lands") shall have any rights or obligations under the Deed of Trust and this First Amendment to Indenture, that no Parties shall have any interest in Llewellyn Park other than the Proprietors, the Trustees, the Committee of Managers and such other parties as have interests in Llewellyn Park {such as holders of easements) established by a writing recorded in the Essex County Register's Office and that any and all other parties shall be forever barred, estopped and foreclosed from asserting or claiming any tights in or to Llewellyn Park. A "Proprietor" is hereby defined as the record title holder of Benefitted Lands (as hereinafter defined), provided however, the rights and privileges of a Proprietor as set forth herein (including, without fimitation, the right to vote and to serve as a Trustee or a member of the Committee of Managers), may be delegated to (a) in the case such Benefitted Lands owned of record by a corporation, partnership or i i