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Supporting Documentation · May 28, 2026

Title Documents submission

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Page 57

3K9715P60208 ORDERED that the Trustees and Committee of Managers shali execute the First Amendment to Indenture and cause to have the First Amendment to Indenture filed with the Register of Deeds of the County of Essex in the State of New Jersey within 30 days of the date hereof; and IT IS FURTHER ORDERED that the Deed of Trust and First Amendment to Indenture are subject to the following clarifications and modifications: 1. Nothing in the Deed of Trust or the First Amendment is intended to or does by its terms give the Committee of Managers any power to regulate the use or enjoyment of the Benefitted Lands other than those Benefitted Lands that are roads maintained by the Committee of Managers. Roads that are over Benefitted Lands and are maintained by the Committee of Managers may be regulated .by the Committee of Managers in the same manner as other roads maintained by the Committee of Managers, 2. Article Ninth (j) is not intended to and does not by its terms give the Committee of Managers the right to impose a special tax assessment on Proprietors owning Benefitted Lands over which there are roads available to and used generally by Proprietors and their invitees. However, such a special tax assessment ts intended to be and may be imposed upon Proprietors owning Benefitted Lands over which there are roads that are not available to and used generally by Proprietors and their invitees. The intent of this distinction is that roads that would, if not associated with Llewellyn Park, generally be considered “public” roads will be maintained by the Committee of Managers in the same manner as the roads that constitute part of Llewellyn Park and that the cost of such maintenance shall be paid in the same manner as the maintenance of Llewellyn Park, but the cost of maintaining roads that would, if not associated with Llewellyn Park, generally considered be “private”, such as driveways and similar roads, will be paid for

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