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HomeMy WebLinkAbout2175 FIRS'' AMFNDiM$_~?T „ T~,T~PffiLIP pT. VINSYARL TRUST TffiS FIRST AMELTDMBNT TO T8B PHILIP W. VINEYARD TRUST •- Made this ~ day of , 1966, by PffiLIP W. VINEYARD of Chicago, Illinois, hereinafter called the "Grantor", and VERNON F. VINfBYARD of 11Tinter Baven, Florida, and PHILIP W. VINEYARD of Chicago, Illinois, hereinafter collectively called the "Trustee". 1. The provisions of subsections (ii) and (iiij of Article V(dj(3~(~~ are hereby deleted in their entirety and the following are inserted in lieu thereof; and in addition, a new subsection (ivy is added to the said Article V(d) (3J (~j, as follows: (iii When such child reaches the age of 30 years, or upon the division of the "Vineyard Family Trust" into shares, if such child has then reached such age, the Trustee shall distribute to such child 1096 of the principal of his or her share then held hereunder; and when such child reaches the age of 35 years, or upon the division of the "Vineyard Family Trust" into shares, if such child has then reached such age, the Trustee shall distribute to such child 33 1/396 of the principal of his or her share then held here- under; and when such child reaches the age of 40 years, or upon the division of the "Vineyard Family Trust" into shares, if such child has then reached such age, the Trustee shall distribute to such child 5096 of the principal of his or her share then held hereunder; and except in the case of a share held hereunder for the Grantor's daughter, Cheryl dooxir/V PI~C[~~ ~~ .,,~, wss php~~ by r,T. ~~~ SHERWIN P. SIMMONS M fowNr, NThite, Co-G~~ 6ipen, HnmkEfr ~ T~- ~. 0. boa 1438 - Tam, Ffoada 33601