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HomeMy WebLinkAbout0642 ~ ~ the Successor Trustee shall hold the trust apeis in continuin~ tnat until wch beaefkiary attairo the a~r ot twenty-one yean. Durinj such ptriod ot continuin` trust the Successor 3'rustee, in his absolute discrction. may rctain the specific trusl propeny herein described ~ if he believes it in the best i~terat of the beneficiary so to do. or he may aell oc othenvite d~pote ot such specific trust property. _ investing and reinvestina the procecds u he may deem appropriste. !t tbe spe¢ilic tnql propert~r shall be productive of incane or it it be sold or otherwix disposcd of, the Successor Tiwtee may apply or e=Qead any ur all of the inoome or principd directly tor the maintenance. education and support of ehe min~ beoe6ciary w?it6out We interventio~ of any ~uardlsn and rvithout appliation to any court. Such payments ot income or principal may be made to the parenq of s~xh minor or lo the penon with whom tAe mina is • livins wi~hout anr lisbili~y upon the Successor Trustee ta see to the application thereof. If anr such minor wrvives me but dia betooc the a=e ot twenty-ooe yean, at his or her death the Successor Trustee shall deliver, pay over, tnnsfer and disuibute the truu property bein~ held tor wd~ mi~ to said miiwr's personal rcpresentativa, absolutely. 2. 1 reserve unto myxlf the powe~ and right to colkct any rcntal or other income which may aocrue trom the tnut property and, in my sok dixretion u trustee. eithe~ to accumulate such income u an addition to the trust asseu beini heW hueunder or pay • ~ such i~come to myselt as an individwl. 3. 1 rcserve unto myself tLe power and risht at any time durina my lifetime to amend or revoke in arhok or i~ part the Uust ~ hercb~? crea~ed ~ithout the necessity of obuinins thc caaent of any beneficiary and ~rithout sivins notia to any bene8ciary. The ~sk ~ or otber disposition by me of the whok or any part of the property held hercunder shall oonslitute as to such wrtwk or part a ~ ~ rcrocatan ot this tnW. - . . 4. The ~qth durina my fiktime, or in a canmo~ accident or disaster witD me. of all of the bene6ciuies dai~naated hereunder ~ shall reroke snch daianation. and in the former event. I rcserve the risht to daip~ate new beneficiuies. Slwuld I tor any rea:on fail to daianate sucA new beneficiaria, this trust shall tcrminate upon my death and the trust property shall rcvert to my estate. S. In tl~e event of my death or kpl incapacity. I hereby ~aminate and appoint u Sucoeawr Tru:tee hercunder 1he beneficiary first above named. unlw wd~ beneticiary be a minor or ksally ieoompetent, in which event•I hereby nominate and appoint u Suooasor 'IYwta herew~der the beneficiuy whose name :appears secaid above. It such beneficiary named seoa~d above shatl be a minor or kplly inoompeten~ tl~en l rwminate and appoim as Suceasar Tn~ta hercw~der: . (NeIDC) (Address) Number Stroet City State ~ 6. T6a Decluation of Trust shall e~trnd to and be bind'm u s pon tbe heirs, esscutors, administrstors and aaipu of tbe under- ~ sigiod and upon lhe Suocessors to the Tr.~stte. ; k 7. The Tnatee and his woassors shall ~erve without bond. 3 I i i 8. This Declaration of Truu ahall be co~ntrued and rnforced in accordance aith the laws of the State of I F lorida ~ ~ IN WITNESS WHEREOF I have hereunto set my hand and seal this 3~ day of , • E October 19 70. ~ ~ . (sign /ure) i ~:.G~'(~ k W;tness: (1) ~ ~ a?-~: ? zcas81 ~ " ~ c ~ ~ ' ~ s~ ~ ~ t ~ ~ ~C fa,~ ' f ~c,~ ~ c~y ~ ~~`i j! - ~ ~ I t`~' y . On tbe ~ da of nineteen hundred and : r~~''~' , i ~ ? bet'ot~e tne ~o~va ~o epre:to,pe the individual dacribod in, and who executod the foregoing instrument, and~ a~cknowlcdged ; - tb~R Z.:1~~~.ti~e same, and in due form of law acknowledge the foregoing instrument to be ~1- free act a~d ~ and dai~+ed: i~e same might be recordod as such. ' ~ ~ --r.: ~r^'vt,~~,~ ~ ~ I~J~~+`Uv ; n. ~ , . ~.~Y snn - ~ ~ - ''.'Q ~ • : = Notaty Pnblic i : i , ~Y:~ ~ . , P , ,.r~~.. ~~nuri-' - ~:Ci~i~ ::aw.C. O{ it~:.::J ~e•'s1~ . _ - ~ M1? to~i::.~;s.w?~ c,,.::_s :a~~. ~5. 1`i12 ~ ~ I ~ . . _ , . ~ ~u+~3~d A~nun f.n i L~:u ~~r Co. %~r c"..:' s,~ :~„s ~ - - . - ~ aa-~' . ' >,y v, ~ „i s--_:',c ` ~ _ ~ ei~...~~+ ' _.~'s.,.. _ .~:+e.'~' :.J~ _ - _ , r~GL,'~ _ ~ - . .