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HomeMy WebLinkAbout0664 •i ' ~rl'~ _ ~ . , , ~s the Successor Truste~ shaU hold the uust uxa in oontinuins wst u~W wch beneficiary attains the age of twenty-one years. Durin~ _ such period of coatinuing trust the Successor Trustee. in ha absolute discretion. may reqin the spoci6c'trust propcrty hercin dacribed if he believa it in ~he bat intercst of the beneficiary w to do. or he msy sdl or othenvse d'apose of auci~ speci6c trmt propertY. invatins and reinvesting the procecds u he may deem approptist~e. lE tl~e spxi8c tr~ut p~+opesty ~hall be productive o! income a it ~ it be sold or otherwix dispos~d of. the Successor Trustee may appty or e:pe~d aay or aU of tLe incane or principal directly for tbe maiotenance, ea~uo~ a~a :~~orc ot ux m~nor eenor~c;ary wimouc ~,e in~«va~~;on ot anr ~,ara;an ana .~ri~t~ou~ a~kua~ ~o ~y coun. Such payments of incanc or principal may 6e made to /be pareots ot wch minor or to the pena~ with whom the minor is livinE without any liability upo~ the Successor Tnistee to see to the applicatan N~ercof. 1t any such rpinor surviva me but dies before the aae of tw~enty-one years, at his or her death the Suocasor Trustee shall deliver. pay over, tnnsfer and distribute the trust propertY beins held for such minor to said mi~'s persa~al representatives, absolutcly. ~ 2. i raerve unto myself the power and ri~ht to rnlkct any rrntsl or dher iocome wfiich may accrue trom the tn~st property ~ and, in my sok disnetio~n as trustee, either to accumulate such inoome as an addition to the trust assea being held hercui~der or pay such incame to myself ~s an i~dividwl. , 3. I raerve unw myself the powrcr and riaht at any tu~e durint my lifetime to amend ar rcvoke ie whok or in put tAe trust ; hereby crated yvithout the ~ty of obtainins We oonsent ot any beneficiary and w~ithout ~ivine notioe to any bendiciuy. The de or other .d'apositio~ by me of the whok or any pan of the propeny held hercunder shall oonstitute ss to such whok or put a ~ «vocatia~ of this trus~ ~ ~ 1. The death durina my lifetime, or in a common aocident or disaster with me, of all of the baieficiuia daip~ated hereunder s6a11 oevoke such desianation. ar+d in the former event, I reserve the right to desianate new beneficiaria. Slauld i for any reasoe fail w daianate wch ncw be~ficiaries, this trust shall terminate upon my death and the trust propMy shall rsvert to my estate. S. In the event of my death nr kpl incapacity. 1 hereby na~inate :nd appoint as SueoGUOr Trustee hereunder the beneficiary fust above named, unless suc6 beneficiary be a mitw~ or kgally incompetent, in which event i hcreby naninste and appoint as . Soccessor Trustee 6enunder the beneficiary whose name appear: seoond above. If such beneficisry nan~ed seca~d above sl~all be a minor or kplly inoorapeten~ th~a I naninate and appoint as Sucassor Tn~ster hereunder: ~ (Name) . (Addres~) ; Number Strat Citr State ~ 6. T6is Declaration oi Trust shall extend to and be bindinj upon tbe heirs. executocs, sdministrators ud usip~s of the under- ~ i signed and upon the Successors to the Tr.utee, ! ~ 7. The Trustee and his successors shall sern writhout bond. : ~ 8. 'F6is Declantion of Tn~st shall be consvued and rnforced in aecordanoe with ~he ~w~s of the State of ~ ( F lorida ~ i IN WI'TNESS WHEREOF I have hereunto set m hand and seal this 3~ day of ~ Y October 19 70 ~ , { (srgn here) .S. Wimeas: (1) ~ w~,~: cz~ ~ ~ ~2 ~ _ ~ ~ . - ~ ~ ~ . ~ ~ ~ c,~cy ~r f~ ~ _ - 1~ ~ On day of , nineteen hundrod an ~ C. C. ~ known W me tp be~ tbe iadividual describod in, and who executod the forcgoing instrument, aad _hej~knowlcdged tLat -he e~d tLa same, and in due form of law acknowlodge the fongoing instrumeat to be TMF frce act and doed;~ da'icbd the saNe might be rrror~d a; st~Ch• - : ,g t ~ . ~ • } - ~ ~ ~ .~aa~ ~ - _ • ~ - j . • Notary Pnblic . • ' ~ ~ tv.: a<< ~:='tc 0~ ~I~_.~J t1 ~ ~ ~ ~ ~ 1 ' , ~IIy C7:?:r"ii,tJ.i Cl~c'~S =1.^.. L5. 600K~ P~ • ~ • ~~Q:.~ ,~r.._.. ; ~ ~ „~n=.~ ~ uv zn"~ ~ '~`=~~~K'^~ ~ ~ r~ ~ r - - Tz