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HomeMy WebLinkAbout1023 . . ~ 9~ 150~.5a t ! DECLARATIOI~ OF TRL ST IQdoFI ALL MEN BY TFi$SS - PRSSSNTS, that we, R. x. 98WLSY and OZSLLA SSTELLS BSWi,$Y, hig wife, hereiaafter referred to as the ~ Trustors, do hereby make, declare, publish, and ackno~wledge that the said Trustors de hold in trust #or the purpose here~tnafter _ deecribed, the follawing real property situate, lying and being ; in St. Lucie Courity, Florida, to wits A parcel of land in the North 300 feet of Government Lot l, Section 25, Tawnship 37 South, F.ange 40 East, more partiailarly described as follows: Bounded on the North by the North line of said - Government Lot 1= bounded on the South by a line 300 feet South of, measured at right anqles to, the said North line of Goverruaent Lot l, the said S~uth boundary line extending from the $ast shoreline of the St. Lucie River eastward to a point where the ~ said South line intersects with a line t2iat bears ~ South 54° lf' West fraa the Northeast corner of said ~ Section 25; bo~nded on the East by the said line that ~ bears South 54 16' West from th~ Northeast corner of ~ said Section 25= and bounded on the West by the $ast ~ shoreline of the St. Lueie River; LSSS that certsin % parcel in the Northwest corner ~f said Government Lot 1, ~ previously conveyed, as descrit ~d in Deed Book 248, at ~ page 100, public =ecords of St. Lucie County, Florida. ; AI~ID we, the said Trustors, do hereby further acknawledge and declare that we hold the above described real property in trust for t he follawing vse~ and purposes: ! l. To hold, manage and invest the same for the use ar~d benefit ; . , ~ of our grandson, ROBERT BEwLSY THOIyAS, age 22 years, hereinafter # ~ . E f referr.ed to as the beneficiary, for his maintenance, education, _ z support, and~welfare until such time as the said beneficiary sh~ll ~ reach his 40th birthday, at which time this trust shall cease and _ . ! - termiaate and the entire corpus hereof shall t2zen be distributea' to ~ , $ie said beneficiary, ROBERT BEWLEY THOI~?S . # ~ 2. The Trustors shall apply the property comprising this ~ Trust to and for the maintenance, education, support, and welfare of said beneficiary as aforesaid, and for such purpose the Trustors ~ are directed to roake payments ei ther directly to tbe beneficiary ~ E: ' ~ or to such other persons on behalf of the beneficiary for the ~ _ ; ~ ~ ~discharge of the oblig~tions of the beneficiary as may be necessary, ~ ~ f ~ such payments to be made either from the principal or income of ° ~ said Trust as the Trustees taay in their airwsolute discretion determine. ' K, - - ~15~ ~ 4~3 - f ~ ~ ~ ~-n.~:y- _ . . . . . . _ ~ x~ - A 5~ „ . - ~ : ~ ~ .t^ - - _ . . _ . ~ . ~