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HomeMy WebLinkAbout0654 . , ' i ~-~iV~ the Successor Trustee shall hold ths tru~t assets in continuin~ trutt until sucA beneliciary attains the aae of tweety-one ycan. Durina such period ot continuina trust the Successor Trustee, in his absoluk disccetion. may rctain the specific trust prope~ty herein dacribed if he believes it in the bat intercst of the bene6ciary so to do. or he msy sell or dherwne dispose of such specific trust property. invatina and rcinvesting the proceeds as he msy deaa appropria~e. If the specific trust property tbaU be it be wW or oU~erwix d'apos~d of, the Successa 7Yustoe anay appir or espa~d aay or all ot the iaoome ~uctive ot income or if maintenance, education and support of ~he minor beoeficiary witho~t the iatervention of aa a~~l directly far the y suardian and rvithout applical'an to any ~ court. Such paymenu ot income or principal may be msde to tbe puents of wd~ minor or to th~ person with rvhom the miaor is livina without aay liability upoo the Successor Tnutee to see,to the appliatioe thereof. If anr such.minor survive= me but dia betote the age of twenty-one yeus, at his or her dcath the Suecessor Tn~stse shall delive~. paY ove~. tra~nfer and datribute the trust property beiaa held tor such minor to said minor's personal represe~iatives. absolutely. ~ 2. I raerve unto myself the power and riaht to colkct any rcntal or othcr income which may accrue from the truu property and, in my sok discretion u trustes, either to accumulate such income ss an ad~lition to the trust assets beina held hercundc~ or pay such incane to enyself as an individwl. 3. i resetve unto myself the pow~ and riaht at any time durins my litetime to amend or revoke in whok or in part the trust hercby crcated livithout tAe neoessity of obtainins t6e oaaent of any beneficiary and ~vithout sivina notioe to any benefici~ry. The sak or other disposition by me af tAe wrAok or any part of the property held hereunder shall oonstitute as to such whok or part a revoation of this tn~st. • • ~ 4. The dath durin6 my lifetime, or in a canmon ao¢idcnt or disaster with me. of all of the beneficiuia daianatod hercunder shall revolce sudi designation. and in the forn~er even~ I reserve the rigbt to daisoate new beneficiaria. SbouW I for any reAson fail ~ to daignate wch new beneficiuies, this trwt shall terminate upon my death and the mnt property shall revert w my estau. ~ S. In tbe eve~t of my dath or legal inrapicity, t hereby naninate and appoint as Successor Trustee hereunder the beneficiary . t first above named, unlas such beneficiuy be a minor or legally incompeten~ in which event 1 hereby naninate and appoint as i Snceasor Tnetee liaauider tUe bcneficiary whose namc appears second abore. If wdi beneficiary namad second above sAaN be a i minor or kaally inoo+npetent, tl~en I naninate and appoint as Successor Tru~stee derew~der: ~ (rT8~IC) • - ~ ~ (A~nSS~ i Number Strcet City Stau _ ; ~ 6. T6is Declaration of Tiust shall eatend to and be bindins upon tbe heirs, executors, administrators and assisns of the under- ~ ~ signed ud upon ihe Successors to tbe Tr.utce. ~ 7. Tbe Trusiee and his successors stwtl scrve without ba~d. t . 8. 1Lis Declaration of Trust shall be construed and e~forocd in accordance with the laws of the State of I Florida IN WITNESS WHEREOF I have hereunto set my hand and seal this 30t~'1 day of ~ October 19 70 ' • (sign le~r~ Witness: 1 v ~ ( ) • ~ a w'~meas: (2) `ZILG ~ ~3 ' ~ ~ ~Ya-~'. VMW ~ . .:i , ~ ~ . - - ~ << . _ ~ ~ ~ ~ ~ On tLe day nf 1~~~ , niaeteen hwndrod befot+e me eumix,,, ~C~i, v....I',~'~~ known W me tp,bo t~. individpal descr~ed in, and who eaecuted the foregoing instrument, and -t~e knowledged thst ___be:~ed.the~i~p~e, aad in due form of law acknowledge the forcgoing instrument to be ~ fra act aod dee~d ao~ desit+ed tba t~m~e foi~t be rxordod aa such. . . - . ~ . - : : ; . _ . _ ~~~h ' ~ ; ~ i . ~ - Notary Pnbiic `i ` C . . ;i . ^75~f{••iy t1O~Ef`+ ~:~.~:.t J. JI 11., :Z ?t"yL ~ ~ ~ • ~ ~ ~ ~ ~ ~ MV ~~:r.:. :s~kc: ix,: ~=s i}. l~'l2 s ic~+.f tr ~~+r..:.w ~~w 6~~•rawt Co~ ° ~ ' ~ ' . . . . ~t.1 _ . _ ~ ~ ° ~ - : ,y