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HomeMy WebLinkAbout2077 . ~ the Succeswr Trustee shall hc?k! the trust asscts in conti~uing trust until such benefkiary attains the aae ot twenty-one years. During such parwMl of cunlinuing trust the Successor Trustet, in his absolute discretion, may rctain the spccific ~rust propeny herein described it he t+tlie.•es it in ~he t+est intersst pt the beneficiary so to do. or Ix msy ull or othe~vae d'apoee o( such specific uust pro~ertY. im•es~ing a~xf reinvrstinR tl~e proceeds u he may Jeem apptopriste, lf the sptciflc ttust property shaU be produttive of incotne or if it br soW ~r uthcrwise dispoaed of. the Successor Trustoe tASY spply or e:pe~d any or all oE the Inoome or ptincipal dircctly tor the maintenance, education and support ot the minor beneficiary w~ithout the intervention of any euardian and without application to any cuurt_ Such payments of income or principal may be made to the puents of such minor or to the person with whom the minor is living without any liability upon the Successor Trustee to see to the application thercot. If anr such minor wrviws-me-but dia l+efore the a~e of twenty-one ycars, at his or her death the Succeuor Trustee shall deliver. pay over. transkr and d'utribute the trust prope~ty beins held tor such minor to said minor's personal rcprcsentatives, absolutely. 2. I raerve mto my~lf the power and rijht (1) to plsce a martp~e or aha liea upon tbe prope~ty. (2) W ooilect a~y rental or ot6er inoome which may aocn~e from the Wst pmperty ~nd, in my ~ok difcnBon as tru~ee, atller to aocamulate wch income u an sddition w tbe tn~t aaeb bein~ 6eld bereunder or pay u~c6 iooome to my~eH as an iadivid~al. - 3. i ~eserve unto myself the power and right at any time durins my litetime to amend or revolce in whok or in part tAe trust hereby creatcd without the necessity of obtaining the consent of any beneficiary and witAout `ivins notia to any beneRciary. The sak or other disposition by me of the whok or any part of the property held hereunder shall rnnstitute as_tQ such rvhole or part a revocation of this trust. • 4. The death during my lifetime. or i~ a common accident or disaster with me. ot sll of the beneficiaries dai6nated hercunder shall revoke such designation, and in the former event, i rcserve the ritht to daitnate ne~r beneficiuia. Should i for any reason fail to daignate such new beneficiaries, this uust shall terminate upon my death and the trust propeny shall rcvert to my atate. S. In the event ot my death or lepl incapacity. I hereby nominate and appoint u Successor Trustee hercunder the beneficiary fint above named, unlas such beneficiary be a minor or kplly inoompetent, in which event I hercby nominate and appoint as Succcssor Trustee hercunJer the bene6ciary whou name appears sccond ~bove. if such be~eficiary named second above shall be a minor oc kplly incompetent. then I nominate and appoint as Successor Truitee hercu~der: (Name) ~?rk D. Keller ~A~~~ 617 Stinchcomb Drive, Columbus, Ohio I Number Street City Sute ~ 6. This Declarstion of Trust shall extend to and be bindin~ upon the heirs, eaecutors. administnton and auigns of the under- ~ signed and upon the Succeuon to the Tnutee. ~ 7. Tht Trustee and his succeuon shall serve without bond. 8. Thu Declaration of Trust shall be construtd and enfo~oed in accordance with the laws ot the State of Rlor ida 1N WITNESS WHEREOF I have hereuato set my hand and s~al this 15th day of September 19 66 ~ ~f~/ ~ N `1 ~~c /a, . e-C~ % ~ (S/glt lft/l) , ' ~ `'"r r ; ~ ~ O ~ Wtt~CS3: (1) C 0~~ ~a m Z Wimas: (2 ~ ` ~ c~ o n F~ ~ C c ,-s~iC~ ; ~ ~ Rlorida o ~ m=~70 ~ ~ ~ty~ St. Lucie - ~N ~ ~ ~r~ ~ ~ ~ D ~ 15th ~,y of September ~~neteen hundrod and$ixty-six G~~I~~~~u; ~ ~ ~ ~ H. Aleta Keller kno~po~,b:m~ w be the individual described in, and who eaecuted the fongoing instrument, and .S he acknowledged .j' t~1it~S~ie ~qco,tyd the :ame. aad in due form of law acknowledge the foregoing instrumeat to be heL_ fres act ~ . ~dd •doo~' abd.~ired t1~e same might be reourdod as such. ' . _ ~ •r ~ ~ ~ F ;J~ ~ r, . ~ ~ _ j . _ .O3 A ' ~ ~,1. ~ ' ~ J~~~ i C;" N0~81 y PI~WIC i~ ' ~ ~ ~ NOTAR1r Fl;pt !C. SUTE et FLORtpA at LARGE A , : ~r CoraNissioN EatRES ~ ~ ' ' . ' MAR. 18. 1970 6oyp 156 PACE ~ 4 ~O•~oco iMAOYOM ~~~p r p~E=t~~~R~T ~ _ ~ ~"~r~~ " ~ _ ~ N?~ Y