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HomeMy WebLinkAbout0646 ~ . _ . . . f tde Succawr Trustee slWl hoid tht mnt asseu in oonpnuin~ wst until suc6 ba~iciary attains the aae of twenty-an yean. Durina s~xh period of continuina uust the Surcessor Trustee, in his absolute disctetion, may rctain the speci5c trust property Aercin described if he believes it in the best interest of the beneficiary so to do. or he msy sell or oWenvise dispoae of such specific trust property. investing and rcinvesting the procceds as he may desan appropriau. If We speciBc ttust property s6a1) be productive of im.~ane or it it be sold or otherwix d'apo6ed of, the Successor Trustee msy apply or e=pend any or all of the inoome or principal directly tor the maintenar~. educatan and support of the minor beneficiary writhout t6e interveatioa of aay ~uardian and w~ithout appliation ro any court. Such payments of income or principal may be made to the parcnts of s~ch mirar or to the person with whom the mi~wr is living without aay- liability upon tbe Successor Tnutce to see to the appliation thercof. It any such minor survives me but dies before tl~e aae of twenty-one years, at his or her death the Sucoessor Trustee shall deliver. pay over. transfer and distribute the trust property being held for such minor to said minor's penonal rep~esentativa. absolutely. 2. 1 reserve unto myaelf the povrer and right to colkct any rental or other inconK which may accrue from the tnut property and, in my sok discretion u trustee. either to accumulatc such income as sn addition to the trust assea being held hercunder ar p~ay such incat~e to myself as an individuaL • - 3. I raerve unto myself the p~wer and riaht at any time during my litetime to amend or revoke in whok or in put the trust hereby created yvithout the necessity of obtaining.tbe oonxnt of any beneficiary and ~rilhout sivina notioe to any beneficiary. The sak or other disposition by me ot the ~rhok- or any p~trt of the property held hercunder shall oonstitute as to auch whok or part a - revotation of this tnut. . . 4. The dath durins my lifetime, cr in a canmon aocident or disaster with me, of all of the beneficiuies daignated hereu~der shall revolce such designation, and in the former even~ I raerve the riaht to daianate new beneficiuies. SIwuW I for any rcason fail to designate such new beneficiaries, thi~ trust shall tuminate upon my dcath and the irust property shall revert to my atate. S. In the event of my death or kpl incapacity. I hereby raminate and appoint as Successor Trustee hereuader the beneficiary first above named. ualess wd~ bene6ciary be a minor or legally inoanpeten~ in ~rhich event 1 hercby naminate and appoint as Sucoasor 1lrtntee 1~erew~der tt~e beneficiary whaae name ~PP~an ~oo~d above. if wch benefitiuY named seoood above shall be a minor or leg,~lly inoanpetent, then i nominate and appoint a~ Suocessor Trustee hereunda: , , - (N~) . (Address) f Number Street City Stiu ~ j 6. T6is Declaration of Trf:st shall extend to and be bindiog upon the heirs, executon, admioiuntots and assigra of t6e under- j sig~ed and upon the Successors to the Tr.~stee. . - : ~ 7. The Trustee and his successors shall serve without bond. 8. This Decluation of Tnat shall be consvued and enforced in accordance with the laws of the Sy~te of Florida ~ IN WITNESS WHEREOF I have hereunto set my hand and seal this 3~ ~ay of ~ October 19 . , t ~ . I (si hcrt ~ /~~~~~iLV d/ ~ s ~l~IIt~: ~ 1 ~ '1~1lfA? ~ t~-~~~ ` /''/K.~ ~_.~Z~li'L~W ~ . w~: ca~-- 2C G883~° . ~ ~ ~~4!a.u,~,~, _ • . ~ ~ , ~Gcc.~r- _ ~ Cln ~ y ot , nineteea huadred ? . t . ~ . . ' ~ - ~ ; ~ _ . known ~o me ip ba tl~e j~dividual describod in~ aad who eaecuted the foregoing instrument. and ~e,~cknowkdged thst _~~tod the.sat~y;:and in due form of law acknowled~ the foregoiag instrument to be~~~~~ free act and deed -aoB Qesirod the sa~iis ,~ight be recordod as such. , i " - ' " . - ~ ~ . ~4~~q -~j ~ ~ Notary Public l . ' , ~ . - ; ~r ~ ~ 50~~~ ~iotary P::i:t. ~~ate o} Fla,,,.a . 'e~ae a.: . ' ~ ;~Ay CcT.;;;s_:or Exp;res lzi. 2:' ~Z _ ~ `:r.d~J \7 A.-aL<in c:r~ S las.i•. . . . . . . _ ~ . ~ s - h,~ . ~ . W'-~'~°`~ ~.~a ~ :y , ~ e~~~ ~ . . ~ ~