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HomeMy WebLinkAbout0656 . ~a,~.~ the Successor Trustec shall hold the trust assets in continuins wst unW such beneficiary atuim the age of ~wenty-one yean. Durin` such period o[ continuing trust tfie Successor Trustee, in his absolute d'acretioe. may retain the speci6c trust property herein described if he believes it i~ the bat interest of the beneficiaty so to do. oe Ae may se11 oc otherwr~ dispwe ot such speciRc uust property. investina and rcinvesting the proceeds u he may deem appwpriate. If the speci6e trust property shall be productive of income or if it be sold or otherwix dispoaed ot. the Successor Trustee mar spp1Y o~ eatpend any or all of the inoome or principal directly for the maintenaoce. education and support of the minor beoe6ciary ~vithout tlre intervention of an r suardian and'without application to any rnurt. Such payments of income or principal may be made to ihe puents of wch minor or to the perwn writh whom the minor is living without any Gability upon U~e Succeswr Tnatet to tee to the applicatio~ thereof. if any wch mirar survives me but dia before the age of tvrenty-a~e yean, at his or heT death the Successor Trustee shall deliver, pay over, transfer and distribute the trust property bei~g held tor such minor to said minor s personal nprcseoatives, absolutely. ~ 2. ! reserve unto myself the power and right to rnllect any rcntal or other income which may accrue fmm the trust property and, in my sok discretion u trustee. either to accumulate such incane u an addition to the trust asseu beina held hercunder or pay such inco~ne a myaelf as an individual. 3. I raerve unto mystlf the power and risht at any time durina my lifetime to amend or rcvoke in whok or in part the tnut hercby created ~vithout the necessity of oblainina the ca~sent of any beneficisry a~d wiU~out aiving notia to any be~l'iciar~r. The aak . or other d'aposition b~r me of the w~hbk or any part of the property held hercunder shall oorutitute as to such whok or part a revocation of ihis tnat. - • 4. 71~e death durina my lifetime, or in a common accident or disuter with me, ot all of the beneficiaries daisnated hereunder shall nvoke such designation, and in the former event. 1 roserve the ri6ht to designate ne~r be~ficiuia. Should i for sny rcason fail - to daigute such new beneficiaria, this trwt shall terminate upon my death and the trust property shall revert to my atate. S. In the event of my death or kaal incapacity, I hereby nominate and appoint as Suacessor Trustee hereunder the beneficiary first above named. unlas such beneficiary be a minor or kgally incoinpetent, in which event i hercby nominate and appoint as Succasor Tn~stee hereunde~ the beneficiary wFwee name appears second above. lf such beneficiary namcd seoond above shall be a minor or kplly inoompeten~ then I nominate and appoint as ~uccessor Trustee hereur~der: ~ - ~ ~N~) ' . • } (Addras) Number Street City State t 6. This Declsration of Trust shall extend to and be bindina upon the 6eirs, executors, administrators ud a~isns of tt~e under- i signed and upon the Successors to the Tr.utee. ! 7. The Truuee and his suceescors shall serve wichout bond. ~ 8. This Decluation of Trust shall be construed and enforced in accordance with the laws of the Sute of ! € 4 ~ Flocida g 1 a . i IN WI'TNESS WHEREOF I have hereunto set my hand and seal this 3~- day of ' October 19 70 , - . (sign h~re) .S. Witness: (1) ^ / ~ . Si`.~= ~aaa~ca7: ~Lr~ ` .i~idCiGLliL.~~~ • ~ A ~ t ~ 'F! ' ~ ~ $vLe ef 1 ~AR~ ~ ~ 'I' ' ~l ~ 'vt~ Co~tY pE-r' llM~tti1' r ~ 1~~~ ~ ~ On 1 ,day o nineteen hundred and_.~~-"t . ' bClo[+C IDC - , t koown W me..,Laba tb~,ipdiv,idua~~escribod in, and who eaecutod the for~~going instrument, and ~'acknowledged tbat e~oi~?tod the ~~ne, ~o~p due form of law acknowledge the foregoing instrument to be ~ free act and daA aod dalred t~e same ti~L be rooordod as such. ~ ' - r -v c. , = . - .-:r /V^'~',(,~ ~ . - ; . - . Natary Public - _ ~ktary F,~~l~c, S!ate ol R::'_.'~ zR larqt ~ , ~ t ` a~~~ ~ ~ 1~Ay Co: ~T:;t:.r. f:~ires 1a i:'la to.,dk 8r Aa:~,,:.a i..~ i C. aaY C~ f - rk . _ ~..:,4;ti " -~~`t~'S ;r, -z~~ - a ~:_y_ . _ ~'~-~,°"'s"' _