Trustee Exclusion from Personal Liability

Certain trustees may request exclusion from personal liability under the mortgage instruments. Homium may agree to such requests, subject to the following conditions:

• Institutional trustees and individual trustees (other than individuals serving as trustees who both established the trust and whose credit is used to qualify for the mortgage) may be excluded from personal liability under the security instrument.

• Institutional trustees and individual trustees (other than individuals serving as trustees whose credit is used to qualify for the mortgage, including individuals who established the trust) may be excluded from personal liability under the mortgage note.

When Homium agrees to modify the mortgage instruments to include an exclusion from personal liability are responsible for ensuring that the modifying language:

• pertains only to the relevant trustee,

• does not impair the note holder’s power to foreclose, and

• does not in any way release from liability any individual trustee who is not identified above as being permitted to be released from liability.