HomeMy WebLinkAbout0640 ,
the Successor Trustee shall hold the mnt asseu in continuina wst unW wch benebciuy attains the aae of twenty-one years. Durins
such period of continuing trust the Successor Trustee, in his absolute-d'acretio~. may rctain the spcci6c trust propeny herein dacribed
it he believes it in the bat interest o( the beneGciary w to do. or Ae may tell or otbenvise dispose of such specific trust property.
invatins and rcinvestina the proceeds as he may deem apptopcist~e. I[ the spai8c trust property s6a11 be productive of incane or it
it be soW or otherwix disposed of, the Successor Trustoe may apply oc ea~pp~d any or all ot tbe iaooa~e or princiQal diroctly [or the
mainteoance, education and support of tAe minor beaeficiary witbout~t6e uiternMion oE aay fwrdiaa and ~rithout application to any
court. Such payments of income or principal may be made to t!rc pareats of such minor or to the pcrson with whom the minor is
living without any liability upon the Successor Tnistee to ~ee to the appliation thercof. lt a~ry wch qiinor wrvives. me but dia
before the a`e of twenty-one years, at his or her dtath the Sucoessor Tnatee shall deliver. paY over. tnnsfer and distribute tl~e tnat
property beins held for wch minor to said minor's personal representatives, absolutely.
I ra~erve unto myxlt the powe~ and riaht to colkct any rental or other i~ which may accrue from the trust p~openy ~
and, ia my sok discretion u tnatee, either to accumulate such incaee u an addition to the trust assen beina heW hercunder or pay
such income to myseK al an individusl. ' ' `
3. I reserve unto myself tLe powcr and riaht at anr timc durina my lifetime to amend or reroke in whok or in part the trust
l~creby creaoed yvithout ~be necessity of obqinin~ ths oonsent of any beneficiary and w~ithout jivins notioe to any bendiciary. The sak
or olber dispaition by me of the whok a any put of the property held hereunder shall oorutitute ss to such whok or part a ~
revocation of th~ trust. • • 4
i
4._ The death durina my Gfetime, or in a canmon accident or disauer with me, of all of tbe benePiciuies desig~aud hercunder 1
shall revoke such desianation, and in the famer event, I raerve the ri~t to daisnate ne~r beneficiaria. Should i for any resso~ fsil ~
to daianau such new beneficiuia, th~t vwt shall terminate upon my death and the trust properqr shall rcvert to my atate.
S. in t6e event of my datR or kEal incapacity. I hereby ~inate and appoint ss Successor Tnatee hercunder the beneficiary
first abova nsmed. unless wd~ ba~eficiary be a minor or lesaUy inc~anpeten~ in which event t her~eby naminaee and appoiot as
Suocessor Tn~stae hereunder tbe beneficiary whose iame apRears seooid pbove. If wd~ beneficiary raa~ed seco~W above sball be a
minor or kplly iocanpetent, then I nominate ar~d appoint u Sucoessor Trustee herew~der.
: , .
v.
(Ne~)
Number Sueet City Sttte
6. T6is Decluation o! Trust shall extend to and be bindina upon the heirs, executon. administratoa and sssip~s of the under-
' sianed and upon the Successors to the Tr.ntee. -
f 7. The Trustee aud his successors shall serve w~i~hout ba~d_ .
~ S. This Declaration of Tnut shalt be oamstn~ed and rnforced in aocordance with the law~s of the State of
~ Florida
IN WITNESS WHEREOF [ have hereunto set my hand and seal this 3~ day of '
October 19 70. #
, •
~
(sign here
Wimas: (1) ~ ~
~ ~
w~: c2~ 200880 ~ .
'~3
Y ~
~ ~ ~ - ~
ll~.
On the dgy of , nicetcen hundrod
- e - C~~;~. ~ :
becore a~: ~gp~e~. ~
known.~p ~idlb~•tb~iadividual descobod in, and who eaocuted the forcgoing instrument, and _~e ~c]cnow{edged
that ~~~ie0rtb~=~me, and in due form of law acknowledge the fongoing instrument to be fra act ~ _
aod ~'s~d de~irad
#Ke~'same mig6t be ra~ordod aa such. ~
. . ~ i
~ " - • ,o. .
: , . . • ~ J ..c.
~ ~ ~~~~~Qm~xJ~. ~ ~
- ~
3~~ ~t. ~ • = Notary Public .
i. .-,~iy~`' " 7 ~ t~ot~ry Pui?1~~, S:ate o! f1a:cla ti 1~~2
~ ' ~ , t A1 Cc~-ar :::~:n f': ~.s ~ .
~ ' . ' ~ ' . (IWC Y~°,a° ~w~,.:~o.hr S U~w~i
~~x~xa~,. ` ~
't"d" ",ps
~:"3 fi : ~ F`~~ . - . . . . _ .5°"
' c.~~-°~~r a . -h~
. ay, ~