HomeMy WebLinkAbout0644 the Succasor Trusta shall hoW the trust asscu in cootinuins trwt unW wch beneficiary attains the age of twrenty-one ycars. Du~ina
such period of continuina tn~st the Successor Trustee, in Ais sbaolute discretio~. may «tain the speci6c trust property hercin dacribed
if he believa it in the bat interest of the beneficiary w to do. or be tnay seU or otherwiae dispose o: such specific trust property.
investina and rcinvcstina the proceeds as he may deem appropriate. ]f t6e apeeific trust property shall be productive ot income or it
it be soW or otherwix disposed of. the Successor Truste~ ~nay spply a e.~p~od any a vl of the inoome or principal directly for the
maintenance. eduation and wpport of the minor beoeficiary wit~t t6e intavention M anY auardian and rvitho~t applicatan to any
court. Such paym~nts of income or principal may be msd~ to the puents of wch minor or to the person writh whom the minor a
living without any liability upon the Succeswr Tnntee to see to the appliation thercof. lf any such minor wrvivrs me but dia
be[ore the aae o[ t+renty-one years, at ha or her d~ath the Sucoessor Trustee shall deliver. pay over, uansfer and disuibute the trust
pmperty beiug heW for wch minor to said minot's perwnal rcpresentatives, abaolutely. ~
2. I reserve unto myself the power and right to rnlkct any rcntal or other income which may accrue from 1he trust property
and, in my sok d'acrction as truuee. either to accumulate such income as sn xddition to the tnut assea being held Aercunder oc pay
such income W myself as an iadividual. ~
3. i raerve unto myself the power and riaht at any time durina my litetime to amend or nvoke in rvhok or in put the trust
herrby created y?ithout the neoessitY of obtaioing the cansent-of any beoeficiuy and ~vithout sivins notia to any beneficiary. Tbe tsk
or ot6er:di~sition bjk~me of the rrhok a any put of the pmperty held herew~der shall oonsdtute as to such whok ar prt a
revocatioo of this vuu. - ,
4. The death during my lifetune, or in a common ~ident or disaster with me, of all of the bene6ciaries daianated hercunder
shall revoke such designatia~, and in the former event, I reserve Ux riaht to daisnate new be~6ciuies. Should i for any resson fai!
to designate such new bene&iaries, thia trust shall terminate upon my deaUi and the trust property shall nven to my atate.
S. In t6e event of my death or kgal incapscity. I hereby raminate and appoint as Suooesaor Tru:tee lrcreunder the be~efkiary
first above named. unku wch beneficiary be a minor or legally inmmpeten~ in which event i hereby naninate and appoint as
Suec~o~ Trustee Nereunder tbe beneficiary whaee name appears aecond above. If wch beneficiary named seea~d above shall be a
minor or kplly inoon~peten~ t1Kn I naninate and appoio~ as Sucaessor Trustee herew~der.
(N8mC) .
(Address) ~
Number Sveet . City State .
f 6. This Decluation of Trust shall extend to and be binding upon the heirs, exceutors, admiaiatratan and ~sip~s ot the unde~-
~ signed and upon the Suceeuors to the Tr.~ttte.
; 7. The Trustee and his successors shall serve without bond.
E 8. This Decluation of Trust ahall be oonstrued and enforced in acoordance ~rith the laws of the State of
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E Florida _ j
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1N WITNESS WHEREOF 1 have hereunto set my hand and sea) this 3~ day of i
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October lg 70, , ~
(sigie h re)
Wimeas: (1) f ~
Witoess: (2) ~
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pn t~e - aay , nineceen hundred an ,
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kuo~?q to m~. tbr ~le: ~ iodividual describod in, and who eaecuted the foregoing instrument, and ~ acknowledged F
d~st. _~e eateaiLed tbe,ssmo, and in due form of law acknowledge the foregoing instrument to be ~ free act ~
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and;deed aa~:d~ired tlie s~me might be rceordod aa such.
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