LAKE IDLEWILD LAKE ASSOCIATION
"LILA'

;

Lake Idlewild Lake Association Bylaws June 12, 2008
Article I:   Name and Organization
Section 1: This organization shall be known as the Lake Idlewild Lake Association, "LILA, Inc.", (hereinafter "Association"), a Pennsylvania non-profit corporation of the Township of Clifford, the County of Susquehanna, and the Commonwealth of Pennsylvania. This association has been established in accordance with the Commonwealth of Pennsylvania regulations governing lake associations.
Section 2: The fiscal year of the Association shall be June 1st to May 31st.
Article II: Purposes
Section 1: The Association shall promote the education of lake property owners and lake users about water quality and water safety.
Section 2: The Association, at the discretion of the members, will financially support issues that concern the general welfare of the lake, including conservation of the water supply in the lake and watershed and maintenance of the water quality at a level that is suitable for swimming, unrestricted boating-including motor-boating and use of personal watercraft, and the renewal of fish resources.
Section 3: The Association shall provide support, including financial support, for the measurement and evaluation of hydrological data of the lake so that the Association may take actions that best maintain the quality of the lake suitable for swimming, boating-

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including, unrestricted motor-boating and use of personal watercraft, and the renewal of fish resources.
Section 4: The Association will provide a forum for lake property owners and residents to raise concerns, become educated about problems, and provide solutions for matters regarding the lake. This forum will embrace cooperative resolution of difficult problems through the sharing of our objectives, knowledge, skills, and resources.
Section 5: The Association will work with local and/or State governments for the greater good of the lake community and may help influence ordinances and regulations applicable to the lake community.
Section 6: The Association once formed will immediately and automatically authorize the Association officers to purchase the ground under the water of Lake Idle wild including adjacent parcels by signing a binding real estate purchase agreement.
Article III: Membership and Dues
Section 1: Membership in the Association shall be limited to persons who own property with deeded or licensed rights of access or use to Idlewild Lake. In order to be an eligible member and allowed to vote, the family unit, or owners' group, or license holders dues must be paid in full for the current season. Each eligible family unit, owners' group, or license holder shall have only one vote, even if they hold multiple-properties or license rights.
Section 2: Applications for membership in the Association shall be submitted to the Executive committee on a form provided by the Association for the purposes of registration and dues collection.
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Section 3: Each member in the Association shall be equally privileged with all other members in voice (but may only vote if they are an eligible member, defined as a member whose dues are paid current) relating to any policy or proposition presented for discussion or decision at any meeting of the Association.
Section 4: Any member may withdraw his or her membership in the Association by written notice to the Secretary of the Association. Such withdrawal does not relieve the member of any dues or other charges accrued prior to withdrawal.
 Section 5: The Association may remove from membership, by an affirmative vote of two-thirds (2/3) of the membership, any member who substantially disrupts or prevents the Association from actively engaging in its above stated purposes and ordinary and extraordinary business activities. Notice of a potential revocation of membership shall be by mail to the member in question and post marked at least thirty (30) days prior to any action taken by the Association. If the member in question so requests, the Association shall provide a hearing prior to voting on revocation of membership. Section 6: The membership year is June 1st to May 31st.
Section 7:   The amount of annual membership dues shall be determined by the Association. Such dues must be paid to the Treasurer of the Association each year.
Section 8: Dues will become delinquent if not received by the Treasurer prior to July 5th.
a. A member with delinquent dues is not in good standing, and therefore will not be eligible to vote, serve as an officer, or chair a committee until the delinquent dues are paid in full to the treasurer. A member not in good standing will maintain his or her ability to attend meetings and participate in

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discussions. An eligible member is defined as a member whose dues are paid in full. Section 9: There are four types of LILA, Inc. Associations members.
a.	Members: Persons, owners groups, family units and license holders that have
written deeded or license rights to access or use of Lake Idlewild.
b.	Eligible Members:  Include "a." above plus have currently paid their dues in
full.
c.	Founding Members:   Includes "a." and "b." above, plus have contributed to
the purchase of the ground under the water of Lake Idlewild including
adjacent parcels and are listed on the attached Schedule A; reference Article
XI, Section 2(a), Founding Members.
d.	Term Members:    Are non-paying or partial payment members who have
owned property at Lake Idlewild for the previous five (5) years from the date
of the By-Laws as further defined in Article XI, Section 2 (a) (i).
Article IV: Officers
Section 1: The officers of the Association shall be President, Vice President, Secretary, and Treasurer. Each office shall be elected by a majority vote of eligible members in attendance at the first meeting of the season.
Section 2: Each officer will take office at the close of the Meeting at which he or she is elected. Each officer will serve a term of one year from the date of election, or until his or her successor is elected.
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Section 3: The officers will serve without compensation. The officers will devote their time and effort to promoting lake interests, including preserving the quality of the lake suitable for swimming, boating-including unrestricted motor-boating and the use of personal watercraft, and the renewal of fish resources.
Section 4: In case of the death, incapacity, or resignation of the President, the Vice President shall immediately assume the title and duties of the President. A vacancy in any other office will be filled by a pro tern appointment by the executive committee and election at the next meeting of the membership.
Section 5: Any officer who becomes ineligible for membership in the Association shall automatically forfeit his office. Such vacancy shall be filled by the above stated procedures.
Section 6: The President shall preside at all meetings of the Association. The President shall cast the deciding vote in the event of a tie. The President shall create, organize, and publish the agenda of each meeting and call meetings of the executive committee.
Section 7: The Vice President shall assist the President in the performance of his duties. In the absence of the President, the Vice President shall preside at meetings of the Association and perform the other duties of the President.
Section 8: The Secretary shall conduct all correspondence of the Association. The Secretary shall keep minutes of all meetings, maintain clear business records and supervise the production of a newsletter. The Secretary may use his or her discretion to form a committee to assist in the production of a newsletter. The secretary shall keep records of member's current addresses as changes are reported.

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Section 9:    The Treasurer shall receive and disburse all monies paid to the Association.   The Treasurer shall keep an accurate record of the dues payments of all members and report delinquent dues members to the Executive Committee.    The Treasurer must provide an oral report regarding the financial status of the Association at each meeting. The Treasurer shall prepare an annual written statement of dues collected and disbursements made. This report will be available for the membership upon request. The Treasurer must estimate annual expenses within a budget approved by the membership as ordinary business including a forecast of each member's estimated share of the approved expenses. The guideline for the dues assessed shall be the previous year number of members divided into the budget of forecasted expenses.  The treasurer may form a committee to assist in budget preparation.   The treasurer will request and apply for a Federal Tax ID number or State of PA tax ID or  reference number if they are required.
Section 10: All monies paid to the Association shall be deposited by the Treasurer in the bank account of the Association. The Treasurer shall be the signatory on the account. Expenses not included in the proposed budget shall be disbursed only with the approval of the Executive Committee.
Section 11: In case of procedural question, "Roberts Rules of Order" shall prevail.
Article V: Committees
Section 1: The Executive Committee shall consist of the President, Vice President, Secretary, and Treasurer and the Chairpersons of any standing committees. It will also include the immediate past President, for consultation purposes only, for a term of two
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(2) years. The Executive Committee shall conduct ordinary business as required and may examine the financial records of the Association at will. The Executive Committee may not conduct extraordinary business. The Executive Committee, among other duties, shall faithfully perform the following duties listed below.
a.	As ordinary business, the Executive Committee shall annually review and hire a
certified Public Account, "CPA", to complete the LILA, Inc. State of PA and
Federal Tax returns and compile annual financial statements.    All financial
statements shall be in accordance with GAAP.
b.	As ordinary business the Executive Committee shall purchase annually and keep
in force at all times liability insurance providing liability insurance coverage for
the property owned by LILA, Inc. The liability insurance shall be purchased from
a financially viable insurance company. The amount of insurance coverage shall
be reasonable and as much as possible based on a reasonable annual insurance
premium expense.   The payment of the liability insurance premium annually is
the NUMBER ONE priority expense to be paid.
c.  As ordinary business, the Executive Committee shall purchase annually and keep in        force at all times Board of Directors' and Officers liability insurance. The Board of Directors and Officers' liability insurance can be a rider to the company's liability policy. The amount of insurance coverage shall be reasonable and based on LILA, Inc. reasonable annual insurance premium expense. 
d. As ordinary business, the Executive Committee shall continue to take the required steps to keep the "clean and green" tax status of the property owned by LILA, Inc.

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Section 2: Standing committees may be authorized by a majority vote of the membership at a regular meeting. Standing committees may be formed to address continuing interests and concerns of the Association. The Chairperson of standing committees must be in good standing.
Section 3: Other committees may be formed to address particular interests and concern's of the Association. Such committees will dissolve upon resolution of the particular interests and concerns they were formed to address.
Article VI: Meetings
Section 1: The Association shall hold three meetings per year. These meetings shall take place on or about Memorial Day, July 4th, and Labor Day. The Association will establish the date, time and place of each meeting. Written notice of each meeting listing the agenda for discussion shall be delivered to all members at their address of record ten (10) days in advance of each meeting.
Section 2: Ordinary business includes but is not limited to the care of the lake, water safety, swimming, recreation, some boating matters excluding unrestricted motor boat and personal watercraft matters, social activities including parties and the election of officers. Ordinary business can be conducted by a majority of the eligible members present at each meeting. (Unrestricted motor boating and personal watercraft matters are extraordinary business).
Section 3: Extraordinary business includes, but is not limited to, proposed expenditures beyond available resources or not within the approved budget of the Association, proposed increases in dues greater than twenty-five (25) percent, and

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matters relating to unrestricted motor-boating and the use of personal watercraft. Extraordinary business requires a quorum of seventy (70) percent of the eligible membership and approval by two-thirds (2/3) of those eligible members voting. If a quorum is not present, balloting may be by mail, but all votes must be postmarked within thirty (30) days of the ballot mailing date or eligible members votes by mail are void.
Section 4: Special meetings of the membership may be called by an officer or by a two-thirds (2/3) vote of the eligible membership at a regular meeting. Written notice shall be mailed to all members at least ten (10) days in advance of each special meeting.
Section 5: The Association will provide a forum for all residents. All lake property owners and license holders will be invited to attend all meetings.
Section 6: The Association shall not use any membership dues or other Association fund's to pay for parties. Parties given by the membership shall be funded fully and independently of the Association funds.
Article VII Amendments
Section 1: The Bylaws of the Association may be amended at any meeting or special membership meeting provided that notice of such meeting and the details of the proposed amendment must be delivered to all members via certified return receipt mail ten (10) days in advance of such meeting. An affirmative vote of two-thirds (2/3) of eligible members is required for approval of an amendment to the Bylaws so long as a quorum of seventy (70) percent of the eligible members attend the meeting. If a quorum is not present, balloting may be by mail, but all votes must be postmarked within thirty (30) days of the ballot mailing date or eligible members votes by mail are void.
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Article VIII: Applicable Law
Section 1: All legal issues regarding the Association will be determined in accordance with the laws of the Commonwealth of Pennsylvania.
Article IX: Dissolution
Section 1: In the event of the dissolution of the Association, all assets shall be distributed to qualified tax exempt organizations dedicated to preserving the environment, under Section 501(c)(3) of the Internal Revenue Code of the United States.
Section 2: In the event that distribution to a tax exempt organization is not possible, the dissolution shall be made in accordance with the order of any court of the commonwealth of Pennsylvania with jurisdiction over the matter.
Article X:   Prevention of commercial Development and Use
Section 1: The Association will use its best efforts to prevent the commercial development or use of Idlewild Lake.
Section 2: Residential use, including the rental of residential property, shall be permitted. The Association shall use its best efforts to ensure that one residential property may not be rented to more than two unrelated families at one time.
Article XI: Lake Rights, Lake Access, License for Lake Access and Use, Purchase of Ground under Lake Idlewild and Adjacent Parcels
Section 1: The purpose of Article XI is to resolve all issues relating to Lake access and Lake use. Additionally, Article XI will limit development thereby preserving water
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and watershed quality as well as promote water safety. Additionally, upon enactment of the bylaws and creation of the LILA, Inc. entity, immediately and automatically thereafter LILA, Inc. authorizes its officers to enter a binding real estate purchase agreement to purchase the ground under the water of Lake Idlewild including adjacent parcels.
Section 2: LILA, Inc. will grant licenses for access to and full use of the Lake to members of the lake community as described below in Section 3. After December 31, 2009 there shall NEVER, except through the Extraordinary Business Article VI, Section 3 procedure, be a sale of Lake rights, Lake access or Lake use by the Association. LILA, Inc. will determine all conditions, terms and costs if such license is ever contemplated.
Section 3: LILA, Inc. will grant to those listed below a license for full access and full use of the Lake.
a.	Founding Members, as described in Article III, Section 9 (c) (documented right
use, paid-up dues and contributed to lake bottom purchase) may purchase at
nominal cost an additional LILA, Inc. license.
b.	Members, as described in Article III, Section 9 (a) and Eligible Members,
Section 9 (b) may purchase a LILA, Inc. license at reasonable cost.
c.	Term members, as described in Article III, Section 9 (d) who have owned
property at Lake Idlewild and used the lake for the previous five (5) years
will be granted a license without payment and without annual dues payment
if they provide written evidence of Lake Idlewild property ownership for the
prior five (5) years. If the Term Member License opportunity is not accepted
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prior to December 31,2009, the Term Member's license opportunity shall be terminated without cause and closed forever. Licensees of this nature are not Founding Members or Eligible Members unless they pay their dues in full.
d.	The recipient of any LILA, Inc.'s license shall pay for all recording fees of
the license.
e.	After the Members have received a Lake license of access and use there shall
NEVER (except through the Extraordinary Business Article VI, Section 3 procedure) be granted a license or lease or other form of access or use document to any party, person, family unit, owners'  group, individual, corporation or other entity. If the license is not accepted by the Member by December 31, 2009, this type of license opportunity shall be terminated without cause and closed forever.   Other license opportunities, if any, ever, will be reviewed and negotiated including Terms and Conditions of the license solely acceptable to LILA, Inc. through the Extraordinary Business procedure.
f. A copy of the Founding Members and Term Members of LILA, Inc. Lake Idlewild Access and Use License will be attached to the By-Laws. The Terms and Conditions of any future license possibility will be individually drawn to include, case-by-case, Terms, Conditions and pricing, each and every time, as decided through the "future license negotiations" and the Extraordinary Business procedure.
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Article XII: Controlling By-Laws
Section 1: The By-Laws of Lake Idlewild Lake Association "LILA, Inc.", the Association dated June 12, 2008 shall in every respect and aspect be the controlling By-Laws.
Section 2: All other By-Laws, if any, relating to or referencing LILA, Inc. the Association are terminated at the enactment of these By-Laws dated June 12,2008.
	Section 3:   All tax filing numbers, if granted, if required, are cancelled as of the
enactment of these By-Laws. New federal and state tax filing numbers will be applied
for by the LILA, Inc. treasurer.
Article XIII: Life Time Member
Section 1: Upon enactment of these By-Laws, Rusty Kauffman shall be granted lifetime membership in LILA, INC. as a Member, Eligible Member and Founding Member and therefore as a lifetime member is not required to pay dues. This, one of a kind, special privilege is created as recognition to Rusty Kauffman for her service and preservation of the Lake Idlewild Community. Article XIV: Insurance
Section 1: LILA, Inc. will purchase and keep enforced liability insurance that provides insurance coverage for any and all liabilities of any type that may occur on the property owned by LILA, Inc. The payment of the liability insurance premiums shall be
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the number one priority payment annually. The insurance coverage amount shall be as much as reasonably possible subject to the Executive Committee review and recommendation as to a reasonable annual insurance premium expense.
Section 2: LILA, Inc. will purchase and keep in force Executive Committee/Officers' liability insurance. The Executive Committee/Officers' liability insurance can be a rider to the LILA, Inc. liability insurance policy. The Executive Committee shall review and recommend the amount of Board of Directors/Officers/ liability insurance coverage based on a reasonable annual insurance premium expense.
Section 3: All boats, personal watercraft, and other types of watercraft of every type, size, and classification must be reasonably covered by a liability insurance policy (insurance to be purchased by boat owner) so as to operate the boat on the waters of Lake Idlewild. Annual proof of insurance shall be delivered to LILA, Inc.
Section 4:   All insurance purchased by LILA, Inc. shall be from a financially viable insurance company. Article XV: Indemnity and Liability Insurance
Section 1: LILA, Inc. covenants at all times to its members, Executive Committee, Officers, contributors that LILA, Inc. will hold them each and collectively harmless from all loss, liability, cost, or damages that may occur or be claimed with respect to any person or persons, corporation, or property on or about the property owned by LILA, Inc. or to the property itself resulting from any act done or omission by or through the LILA, Inc., its agents, employees, invitees, members, contributors, Executive Committee, Officers, or any person on the premises by reason of the LILA, Inc. use or occupancy or resulting from LILA, Inc.'s non-use or possession of said property and any
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and all loss, cost, liability or expense resulting there from. LILA, Inc. further covenants and agrees to maintain at all times comprehensive liability insurance including coverage for its members, Executive Committee, Officers and contributors from a responsible and financially  viable  insurance  company,   licensed  to  do  business  in  the   State  of Pennsylvania, satisfactory to LILA, Inc.'s Executive Committee properly protecting and indemnifying the LILA, Inc. members, Executive Committee, Officers, and contributors with a reasonable amount of liability insurance to be determined annually by the Executive Committee. Article XVI: Adoption of By-Laws
Section 1:     The foregoing By-Laws of LILA, Inc. were adopted on June 12, 2008.
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LAKE IDLEWILD LAKE ASSOCIATION
BY-LAWS JUNE 12, 2008

ACCEPTED AND APPROVED: 
President: Patrick J. Hartman

ACCEPTED AND APPROVED: 
Vice President:  Richard Bidwell

TRUST AGREEMENT
This Trust Agreement is made this 11 of September, 2009, by and between Lake Idlewild Lake Association, a Pennsylvania non-profit corporation, RR#1, Box 116C, Uniondale, PA 18470, hereinafter referred to as "Settlor" and Lake Idlewild Lake Association Trustee, RR#1, Box 116C, Uniondale, PA 18470, hereinafter referred to as "Trustee" of the Trust which shall be known as the Lake Idlewild Lake Association Trust, hereinafter referred to as the "Trust".
Settlor hereby grants and conveys to the Trustee all of its right, title and interest in and to the real estate located under the waters of Lake Idlewild, including the parcel adjacent the dam, formerly known as Long Pond, up to the high water mark which premises are situate in the Township of Clifford, Susquehanna County, Pennsylvania, hereinafter referred to as the "Premises", which are more fully described in Exhibit "A", attached hereto and made a part hereof.
Disposition of Trust FIRST:
A.	During the term of the Trust, with certain exceptions as noted herein,
Members of the Settlor shall be entitled to use the Premises for recreational
purposes.
B.	The Trustee shall allow Lake Idlewild Lake Association "LILA"
according to its by-laws to promote the education of lake property owners and
lake users about water quality and water safety.
C.	The Trustee, with the support of Members of the Settlor, expenses to
be paid in full by the Settlor in advance with funds provided by the Settlor or
LILA shall financially support issues that concern the general welfare of the lake,
including conservation of the water supply in the lake and watershed and
maintenance of the water quality at a level that is suitable for swimming,
unrestricted boating - including motor-boating and use of personal watercraft,
reasonable operating expenses of LILA and the renewal of fish resources.
D.	The Trustee shall provide support, including financial support, from
funds as provided in advance to the Trustee from the Settlor or LILA for the
measurement and evaluation of hydrological data of the lake so that the Trustee
may take actions that best maintain the quality of the lake suitable for

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swimming, boating, including unrestricted motor-boating and use of personal watercraft, reasonable operating expenses of LILA and the renewal of fish resources.
E.	The Trustee shall allow LILA, according to the LILA By-Laws, to
provide a forum for lake property owners and residents to raise concerns,
become educated about problems, and provide solutions for matter regarding
the lake. This forum will embrace cooperative resolution of difficult problems
through the sharing of objectives, knowledge, skills and resources.
F.	The Trustee shall allow LILA according to LILA By-Laws, to work with
local and/or State governments for the greater good of the lake community and
may help influence ordinances and regulations applicable to the lake community.
G.	The Trust, once formed, will immediately and automatically authorize
the Trustee to purchase the ground under the water of Lake Idlewild including
adjacent parcels.
H. The Trustee and all successor Trustees shall, to the benefit of Settlor, enforce and abide by the LILA By-Laws dated June 12, 2008. The Trustees shall have absolute and sole veto power of any amendment change or addition to the LILA By-Laws dated June 12, 2008.
Appointment of Trustee SECOND:
A.	Initially, the Trustee shall either be a person, association or
corporation appointed by the Settlor to serve as the Trustee hereunder.
B.	Subsequently, the Trustee shall have the power to appoint additional
and successor Trustees. In each case, a document shall be prepared at the
direction of the Trustee and endorsed with the acceptance of the person,
association or corporation so appointed. The document prepared by the Trustee
may specify that such appointment shall take effect at a future time or upon the
occurrence of an event such as the death of a Trustee then serving.
C.	The Trustee shall not be a member of LILA.

Administrative Powers of the Trustee THIRD:
A. Trustee shall have the following powers, in addition to those given by law, to be exercised by it in it's absolute discretion, which powers shall be applicable to all property held by the Trust:
(1)	To retain all real and personal property acquired by it;
(2)	To invest and reinvest at it's discretion without the obligation
to diversify and without restriction to so-called "legal investments", with the
specific right to invest in stocks, bonds and real estate, as well as in such
common trust, diversified, money market and mutual funds as Trustee deems
appropriate. Trustee upon request of Settlor, shall purchase property that is
contiguous to the grounds under Lake Idlewild with funds as provided by the
Settlor and/or LILA provided that the property shall never be re-sold and the
buildings (if any), are removed and discarded in an environmentally protected
manner.
(3)	To compromise claims for and against the Trust;
(4)	To manage, operate, repair, alter, subdivide, partition, or
improve real estate or other property, and to lease real estate and other property
upon such terms and for such periods as Trustee deems advisable. All leases (if
any ever) shall completely and absolutely conform to the LILA By-Laws.
(5)	To receive from Settlor or from any other source any real or
personal property as additions to this Trust by Deed, Will or in any other
manner;
(6)	The Trustee shall have full power and authority to delegate
from time to time another Trustee by an instrument in writing any or all of such
Trustee's rights, powers and duties hereunder to the end and purpose that such
other Trustee may be entitled to act in all respects for both of such Trustees
during the term of the delegation;
(7)	Each and every power, authority or discretion given to or
vested in Trustees by the provisions of this Agreement or by law, whatever may
be the nature or extent thereof, shall be freely exercisable by such Trustees at
any time and from time to time in the Trustees; sole and absolute discretion, as
the Trustees alone shall determine. Each exercise thereof shall not be open to
(1)	
question in any manner whatsoever by, and shall be binding upon, each person having an interest in the Trust. No Trustee shall incur any personal liability of any character whatsoever by reason of any matter of thing of whatsoever nature which may occur in connection with the administration of the Trust, save only liability arising from such Trustee's gross negligence or willful default;
(8)	All powers, authorities and discretions given to or vested in
Trustees by the provisions of this Agreement or by law shall be exercisable by
Trustees only in a fiduciary capacity; and
(9)	To do all other acts and things necessary or appropriate in the
management, administration and distribution of the Trust created hereunder.
Additionally to abide by and enforce to the benefit of the Settlor the Trustee and
Successor or Trustee shall have absolutely and sole veto power over any
amendment change or addition to the LILA By-Laws dated June 12, 2008. Upon
receipt of the LILA Annual Budget, the Trustee shall allow the expenditures of
the LILA Annual Operating Budget as long as the expenditures are in accordance
with the LILA By-Laws.
(8)	
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BOND FOURTH:
A. No bond shall be required in any jurisdiction of the Trustees or of any successor Trustee or, if a bond is required by law, no surety on such bond shall be required.

COMPENSATION OF TRUSTEE FIFTH:
A. While serving as a Trustee, no Member of the Settlor shall receive any compensation. Any other person, association or corporation appointed as a Trustee may (but need not) receive reasonable compensation for services as a Trustee. All such compensation shall be proposed by the Executive Committee of LILA defined as LILA ordinary business and agreed upon in writing prior to any payment to a Trustee.

ENVIRONMENTAL PROVISIONS SIXTH:
A,	Before accepting any contributions of property to this Trust, the
Trustee shall be entitled, in its absolute discretion, without cost to the Trustee,
and as a prerequisite to accepting any such contribution to this Trust, to require
evidence satisfactory to the Trustee that:
(1)	the property is not contaminated by any hazardous or toxic
materials or substances; and
(2)	the property is not being used and has never been used for
any activities directly or indirectly involving the generation, use, treatment,
storage, disposal, release or discharge of any hazardous or toxic materials or
substances.
B.	Settlor warrants, represents, and agrees that there is and has been no
discharge or disposal by Settlor of any hazardous waste or other toxic substances
(as those terms as defined by any applicable federal, state, or local
governmental law, rule, ordinance, or regulation) on the real property, or
contamination of the real property by any such substances; that there has been
no storage or utilization of any hazardous or toxic substances on the real property.
WARRANTY BY SETTLOR SEVENTH:
Trustee shall have the right to resign at any time it believes there is or may be a conflict between it in its fiduciary capacity and in its individual capacity because of potential claims or liabilities which might be asserted against this Trust created because of the type or condition of the assets held in this Trust.

NON-LIABILITY FOR COMPLIANCE WITH LAWS IN CAPACITY AS
MAJORITY SHAREHOLDER OR DIRECTOR (FOR USE IN CONJUNCTION
WITH CLOSE CORPORATION POWERS)
EIGHTH:
A. Trustee (as owner of one or more interests in a closely held corporation), nor any officer or employee of Trustee (acting on behalf of the Trustee as an officer or director of such a closely held corporation), shall be personally liable for any claims made against this Trust arising from the exercise of decision-making authority in that capacity related to:
(1)	the cleanup of or other response to the contamination of Trust
property (including property owned or operated by a business in which Settlor's
Trust owns and interest) by any substance or substances prohibited or regulated
by federal, state, or local law or that are known to pose a hazard to the
environment or to human health; or
(2)	the use of Trust or estate property (including property owned
or operated by a business in which Settlor's Trust owns an interest) for any
activities directly or indirectly involving the generation, use, treatment, storage,
disposal, release, or discharge of any hazardous or toxic materials or substances;
provided that the Trustee and its officers and employees shall not be excused from liability for their own negligence or wrongful or willful acts.
INSPECTION AND COMPLIANCE POWERS (ENVIRONMENTAL) NINTH:
With respect to any real estate or other property owned by any Trust under this Agreement, to conduct environmental assessments, audits, and site monitoring to determine compliance with any environmental law or regulation thereunder; to take all appropriate or remedial action, whether at the instance of the fiduciary or in response to any actual or threatened violation of any environmental law or regulation; to contain, clean up, or remove any environmental hazard, including, without limitation, a spill, relief discharge, or contamination; to institute legal proceedings brought by any local, state or federal agency concerned with environmental compliance or by a private litigant; to comply with any local, state or federal agency order or court order directing an assessment, abatement, or clean-up of any environmental hazards, and to employ, at the expense of the Trust, agents, consultants, and legal counsel to

assist or perform these actions, without reducing the compensation of any fiduciary.
INDEMNIFICATION DURING ADMINISTRATION AND ON
DISTRIBUTION
TENTH:
A. Notwithstanding any contrary provision of this Trust or any Trust created under this Agreement, Trustee may without a distribution to a beneficiary until receiving from the beneficiary an indemnification agreement in which the beneficiary agrees to indemnify the Trustee against any claims filed against the Trustee as an "owner" or "operator" under the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as from time to time amended, or any regulation under the Act.
REFORMATION OF TRUST ELEVENTH:
A. Trustee may reform any of the provisions of this Agreement by a writing made and filed with the records of the Trust, at any particular time and without the necessity of obtaining the approval of any court, any of the provisions of this Agreement for the sole end and purpose of meeting the requirements of Treasury Regulation Section 25.2702-5(c). Any such reformation shall be given such full retroactive effect as may be necessary to meet such requirements and shall for all purposes be binding and conclusive in all respects on every person having any interest whatsoever in the Trust.
GOVERNING LAW TWELFTH:
A. This Agreement has been entered into in Pennsylvania and this Agreement and the Trust shall be administered and construed in all respects in accordance with the laws of Pennsylvania.
NUMBER AND GENDER THIRTEENTH:
A. Whenever used in this Agreement the singular shall include the plural, the plural shall include the singular, and the use of any gender shall be applicable to any other gender or to all genders.

IRREVOCABILITY FOURTEENTH:
A. The Trust is intended to be and shall be irrevocable, and the Settlor hereby renounces any right, power and authority which Settlor otherwise might or could have to revoke, alter or amend this Agreement, any of the provisions hereof, or the Trust.
IN WITNESS WHEREOF, this Agreement has been duly executed on the day and year first written above.
LAKE IDLEWILD LAKE ASSOCIATION Attest:

LAKE IDLEWILD LAKE ASSOCIATION TRUSTEE
BY:	
Trustee for Lake Idlewild Lake Association Witness:

COMMONWEALTH OF PENNSYLVANIA    }
}ss
COUNTY OF SUSQUEHANNA	}
On this, the ____day of; September, 2009, before me, the undersigned officer, personally appeared ______________________ known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he/she executed the same, both individually and in fiduciary capacity on behalf of Lake Idlewild Association, on whose behalf he/she has been authorized to act for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and seal.
'	•	        	
Notarial Seal
COMMONWEALTH OF PENNSYLVANIA    }
}ss
COUNTY OF LACKAWANNA	}
On this, the	day of September, 2009, before me, the undersigned
officer, personally appeared	, who is an
authorized official of the Community Bank and Trust Company, who is acting as the Trustee of the Lake Idlewild Association Trust, to be the person whose name is subscribed to the within instrument and acknowledged that he/she executed the same, both individually and in fiduciary capacities, for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and seal.
Notary Public