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HomeMy WebLinkAbout2646 . ~ ; . • - the Successor Trustee sball hokl the trust assets in continuina trust until such be~eiiciary attains the age of twenty-ene yean. During wch period o! contiuuing trust the Suceessor Tnutee, in his absolute discrttion, may rctain the speci6c trust property herein dcscribed if he believes it in the best interest of the btneficiuy so to do~ or he may sell or otherwise disoose of such s~rcific ~n~ ~..vM;;Y, investing and reinvatiog the procea~is as he may deem appropriate. If the specific Vust properly shal! be ptaiuctive ot inc~me or if it be wld or otherwise Jisp~xed uf, the SuCCessor Tn~stee may spply ot eacpend any or all of the incomc or principal direcUy (or the maintenance, alucation and support of lhe minar be~eficiary withput ihe intervention of any guardian and without application to any court. Such pa~menu of income or principal may be made to the puents of such mina~ or to thr person.with whom the minor is living without a1~Y liability upon the Sumessor Trustce to see to the applica~iort thercof, If any sucb minor survives me but dies be(orc the age of twenry-one years, at his on c~r death tAe Successor Truslte chall detiver, Qay ovcr, transfer and dutribute the trust properry beina Aetd for such minor to said minor's personal representatives, absolutely. 2. T reserve unto myselt Ihe power and right to collect any renta) or other incc.~~e wAich may accrue from the trust property arxi, in my sok discrction as Irustee, either to accumulate such income as an addition tu the trust assets bcing heki hercunder or pay such income to myself as an individual. ' 3. I reserve unto myscl[ thc power arxi right at any time Juring my lifetime to amenJ or rcvoke in whok or in part the trust hereby creatcd yviUwut the ~cessity of obtaining tne conxnt ui a~~y .`~c~fwiary ami without giving notice to any beneficiary. TM sak or other dispoaition by me of the whok or any part of the property held hercunder shall constitute as_to such whok or part a ~ re~ocation of this tn:s4 . _ 4. The death during my,lifetime, or in a common accident or disastrr with me, o[ all ot the beneficiarits designated hereunder shali revoAe such designation, and in the former e~Ynt, I rcserve the right to designate new bencficiaria. ShouW I for any reason fail to daignate such new beneficiaries, this trust shaU terminate upon my death ancl the trust property shall revert to my estate. 5. In the e~rnt of my death or legal incapaciry. 1 hereby nominate and appoint as Sucr_ssor Trustee hercunder the beneficiary firu above named. unlesc such beneficiary be a minor or legally incompetent, in which event I hereby nominate and appoint as Sucoasor Trustee hereunder the txnefxiary whox name appears second above. if sdCh beneficiary named second above shall be a minrx or kgally incompetent. then 1 nominate arul appoint as Successor Trustee hereunder: , ~ + (xam~ Cb~~~l ~3l~i~d Qa~th~r-~--~-Da~~,~t~. (Address) . Number Street City State ' 6. This C~claration ot Trust shall extend to and be bi~ding upon the heirs, extcutors, administrators and usigra of the unde~- sidntd and upon th= Successors to ihe Tr•,utea 7. The Trustee and his successors shall serve wiihout !~ond. 8. This Declaration of Trust shall be constcued and enforced in accordance with the laws of the State of . . lrlccn+ids ' ' / 4 IN WITNESS WHEREOF 1 have hereunto set my hand and seal this day of ~ - 19~(r • I . x 6 (sign hert) ~T %2~.-...d- -~'~~----r .S. ~ J, F~~~ R~CORDED W~~~= ` ST. LU E CO TYED~~ R E~ 7~~ cS~ Wimess: (2) ~ ~ s~ ~~e~ ~ - 'ss t~EC 2 3 PN 3:~ I 1~ o D _ ~~~~.1~ ` County of-~ R RO R'OtTRAS ~ ~ ; CLE,RK CIR~U,IT COURT On r~e- ~'rf~' da y of f~`~ C"~ ~C~ , nineteen hundred and s~ X T y i~c ~ . ,~,..-ioiC me Came~ C' R~~~ L~ Xo c~ n/ G known to me tA,b,~.t~ wdividual described in, and who eaecuted the foregoing instrument, and acknowledged ~ tnat ~t>~eitecuted ~t~c~bame. and in due form of law acknowledge the foregoing inswment to be b~ free act and dQOd,aqil'tt~ltod.the sazt~ might be recorded as such. _ 3 _ ~ v . ~ ~ e J ~~Y .S~~J' ~ ' ~ ~ 'i :'.i - ~ i ~ . ` HOTARY PUBUC STA ot~F~l~ORiDA at LARGE 7// ~ f G~ ~ . c;' _ = MY COMMISSlOM D(PiRES IOLY 13. 1968 ;~~n•••.•. , 680K ~l [ ~ sew w. oasTCU~oRSr ~ ~ , ^ ~~~g~ ~ " : r Ys.~.' tlF ~-x~' ~ ' ~ ~s '~~4 ~~'I' - i W ~ II .~"`,u`*:_ I V'~ ; ~ I R 4 . _ ~