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HomeMy WebLinkAbout0650 - _ I ~~~~~l~ the Successor Trustee shall hoW 1he v~t assets in continuins trutt until wcb ba~ebciary attains the sge of twenty-one years. Durina such period of continuing trust the Successot Tnutee, in his absolute discretion. may «uin t¢e s{~tific trust prope~ty herein described if he believes it in the bat intemt of the bene6ciary so to do. or he may seU or otherwise dispose of such specific trust ptopertY. investing and reinyesting the proaeds u he may deem appropriata. If t6e speci8c trtut property sbaU be productive of incame or if it be sold or otherwix d'uposed of. the Successor Trustea may app~ly or eatpeod aay or all ot t6e inoome or principal directly for the maintenancY. ed~catioo and support of the minor beoe6ciary witbout't6e interventan of aey suardian and w~ithout application to any court. Such payments of income w principal may be made to We puents of wd~ minor or to the puson with w~l~om the mirwr is living writhout aay liability upon tl~e S~xressor Tnatce to soe to the application thenof. If sny such minor wrviva tne but dies beforc the aee ot twe~ty-one years, at his on c~r death tAe Suecessor Trustee shall deliver. pay over, transter and distribvte the trust property beina held for such minor to said minor's personal repraentatives, abaolutely. ~ 2. I raern unto myselt the power and risht to colkct any rental or other income wAich may accrue from the trust property ~ and, in my sok discretion as trustee, either to accumulate such income u an addition to the tnnt useb being held htreunder or pay ~ wcb income to myself as an individusL ~ 3. I resern un[o mysetf tbe power and riaht at any time duri~a my lifetime to amend or rcvoke in whok or in part tt~e trust ~ ; herebr crcated ~rithout the neoessity of abtainins the oaaent of any beneficiary and wnthout aivirts notioe to any ba~d'iciary. The sale or othe~ diapoation by me of the ~rl~ole or any put ot the prope~ty held Aercunder shall oorutitute as to wch ~vhole or put a revocation of this vust. . - 4. The dpth durins my lifetime, or in a canmon accident or disaster with me, of all of tbe be~eficiuia daignated hersunder shall rcvoke auch daianation, and in the former event. I raerve ~he risht to daigoate new beneBiciuia. SiwuW i for any reason fail to daignate such new beneficiaries, thia trwt shatl terminate upon my death and the trust ~property shaU revert to my estate. ~ S. in the cvent of my death or kgal incapuity. 1 hercby ~aminate and appoint ss Suocessor Tnntee hcreundcr the beneficiuy fust above named, unlas such beneficiary be a minor or legally i~fcompeten~ in ~rhicfi evcnt 1 hereby naninate and appoint as S~oce~ar Trastee ]~er+eunder the beneficiary w~Mbe aame appcars setond above. If such beneficiary named ~eoond sbove shaU be a ~ minor ar kjally incompetent, then 1 naninate and sppoint as Sucoasor Tnntee haeunder: , , . . i~ ~ , (Name) . Number Sveet ' ~ City State I; 6. Thia Decluation of Trust shall eatend ,to and be bindin~ upon t6e heirs, executors, administrators ud sssians of tlrc utder- signed and upon t6e Succasors to the Tr,ntee. . 7. TM Trustee and his successoa~s shall serve without bad_ r ! 8. This Decluation of Trust shall be cautrued and enforced in accordance with the lawn of Ueo State of ' ~ s ~ Florida ' ~ ~ IN WITNESS WHEREOF I have hereunto set my hand and seal this 3~? ~ay of ~ October lg 70 , ~ • ~ . ; (sign er~) .S. Wimess: (1) - W R?itness: t2) v ' w ~ ~ 1~,~_ , j _ ~ ~ ~ ~ -It~G YuG~I, '1 +'K ,D ~ - ~ ~ - ,t~ r . - ~y eF ss: ~ ~ " ~ Oa tlfG - L day of , niaeteen hundred ; befOre IDd Came ~ ~•N~^~ ' known ~o me to be tbe '.u~d~a! describod in, and who executed the foregoing instrument, and~~ a~c~kiawlodged that -b~ executod tlie`s~alK, snd in due form of law acknowlodge the forcgang instrumeat to be free act i= , and doed~ a d d desit~ed'tha ~S~e might be rooordcd as such. . . ; i C.~, Y % - ~ ~ ~ ~c~r s~n ~ ~ . _ _ : , _~ai':.`~':_~± a ~ Nartary Pubiic . ~ --J 14 . ~ ' ~}.'tif ~ ~ " ' . . Y nL~='_ S:a:p o! fia:i~~ at lt•: ~ - , ~ . aaoK 188 ~cE 649 . ~G : rx~~P: s~~. ~~.`~9, c:.,e< : F, - a c....~:. . ~ _ ~ _ - - - - - - ' ~ . " ~ . . _ ,