Loading...
HomeMy WebLinkAbout2965 7;~ 11 ~ ~~s,> (d) To vote in person or by proxy upon securities held by ' it, and in such connection to delegate its discretionary powers. ~ 1 (e) To exercise options, conversion privileges, or rights ~ t to subscribe for additional sec~rities and to make payments therefor. (f) To consent to or participate in dissolutions, reorgani- i zations, consolidations, mergers, sales, leases, mortgages, transfers, ' or other changes affecting securities held by it and in such connection to delegate its discretionary powers and to pay assessments, subscriptions, ` ~ and othe r charge s. ~ (g) To extend or modify the terms of any bond and mort- gage; to foreclose any mortgage or take title by deed in lieu o# foreclosure or otherwise; to protect or redeem any pr~perty for forfeiture for non- payinent of taxes or other liens; and generally to exercise as to such bond 'and mortgage on such prope rty all powe rs ihat an absolute owne r might exercise. (h) To retain any property acquired in connection with the foregoing provisions whether or not such property shall be authorized by the laws of the State of Florida or of any other jurisdiction for trust invest- t ments. ~ l ~ (i) ~To register any property in the name of its nominee i ~ or in its own name or to hold it unregistered or in such other form that ~ j i € title shall pass by delivery, but without thereby increasing or decreasing ~ ~ its liability as Trustee. ~ ~ ~ (j) To make any divisiun or distribution required by this ~ agreement in cash or in other property, real or personal, or undivided ~ ~ interests therein, or partly in cash and partly in property. ~ No person or corporation dealing witli the Trustee shall be re- ~ ~ quired to investigate the Trustee's authority for entering into any trans- ~ ~ action or to see to the application of the proceeds of any transaction. ~ ~ ~ 8. INVESTMENT CONTROL BY GRANTOR ~ During the ?ife of the Grantor, the Trustee shall exercise the ~ ~ powers granted to it in subparagraphs (b) to (g) inclusive of paragraph ? ~ only in accordance with the written directions of the Grantor. , ~ S ~ ~ ~ -3- ~ ~ ~ 3 ~ e ~ ~ fMATM[Nf ! TMOMr~ON ~ ~ ~ ALIR[O 1- OY~OMT ~VIlO1N0 ~ YIAM~. /L01110A ~ ~'~i ~ - a* ~.~.~s"..,. . . . . , . . `'zt__ S