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HomeMy WebLinkAbout0690 ~ , t'. : ; : tRe Succeisor Trustee shail hoid ~he trust assets in contiouins trust until such beaeficiary attains the age of twenty-one yean. During such perial of continuing trust the Successor Trustee, in his absolute disc~etion. may retain the ~eci6c trus! property herein Jescribed if he believes it in Ihe best interest of the beneficiary so Io do, or he may seU ot otl~erwise d'apose ot such specific trust property, investing and reinvesting the proceeds as he may deem appropciate, If the speciRc tnut property shall be productive of income or it it be sold o~ otherwix disposed of. the Succeswr Trustce may app1Y a atpend any or all of the incane or principal di~eclly [or the maintenance, education and support of the minor Neoeficiuy willwut lhe intetvrntion ot any ~ardian and without appliation to any court. Such payme~u of income o~ ~incipal may be mide ta the parents of such minor or to the person with whom the mirwr is -living without any liabiliry upon the Successor Truslec to see to the appliplion thereof. If anY such mitar wrvives me but dia beforc the age of tvrenty-one years, at his or her death the Successor Trustee shall deliver, pay over, transter and .distribute the tnut property being held for such minor to uid minor's personal reprcsentatires, abaolutely. 2. I ~eserve untb myself the power and right to colkct any rental or olher incane whicA may accrue from the trusl property and, in my sok disc~etion u uustee, either to accumulate such income as an addition to the trust asxu being held hereunde~ or pay s~ch income to mysel( as an individwl. 3. I raerve unw myselt the power and right at a~y time during my lifetime to amend or revolce in whok or in part the uust heteby crcated yvithout the necessity of obtainina the oonxnt of any bene6ciary and withaut giving notiee to any bene6ciary.'fhe sak or othe~ dispoaition by me of the whok or any put of the property held hereunckr shall constitute as to such whok or part a revpcation o[ this trusl. 4. The death during my litetimt, or in a common accident or disaster with me, ot all ot the beneficiaries daignattd hereunder shall rcvoke such daignation, and in the former event. 1 rcserve the right to dai6nste new beneficiaries. Should i for any reason tail to designate such new beneficiaria. this trust shall terminate upon my death and the trust property shall rcverl to my ~state. S. In the event of my death or kgal incapacity, I hereby raminate and appoint as Successor Trustee hereunder the beneficiary fust above namcd, unless such beoeficiary be a minor or kgally incc.mpetent, in which erent I hercbY nominate and appoint as 1 Successor Trustee hereunder the bene6ciary whose name appears secaxi above. If sudi beneficiary named second above shall be a s> minor or kgally incompetent. then 1 nominate and appoint as SuCCessor Tnrstee herounder: i . E- (NBmC) (Address) Number Street City ~ State 6. This Decluation ot Trust shall e:tend to and be bindin6 upon the heirs, executors. administntors and assip~s of the undtr- I signed and upon the Successors to the Tr:utee_ ~ : i 7. The Trustte and his successors shall serve without ba~d. I ~ 8. This Declaration of Trust shall be construed and enforced in accordance with the laws of the State of ~ ~ J - ~ Flarida { ~ ; IN W1INESS WHEREOF I have hereunto set my hand and seal this 3 h day of { October ig 70 . o - 0 (sign he~~) ~ f ~ / ~ ~ 'v ~ ~ Witness: (1) ~ • 2t;G905 • : w;m~: ~2y ~ E . ~ ;,A_,~I ~ ~ ~ ~~X/ KJ~ ti: ~ ~ - - ~ ~ On the day of , nineteea hundred an , ~l~n - yV • ~ ~ ? icnown W ~Oe ~Q,1x~~tb~,ip~dividual described in, and who executed the foregoing instrument, and -h 'acknowledged that _Jfe 4X~t3d tl~~, ~,tdGUy, sod ia due form of law acknowledge the foregoing instrument to be tree act and deed'~..~ed: t~C`..saif~ misht be recorded as such. - . J'~i•' t H . ~ . 1 ~ ` J - ~ /~1' - . . ~ ; ~ ' Notary Public . . ' - . . • • N~tary P~;;:;it. S:e:t of 1:t ~ ~ . ~ a.~: . g~(~~ MY Commisswa E~Nres lan..[S, illt ~_+.1ad f~ A-<,.s: e S . - ~ . , . 1 " 1t.s". t . _ . _ "`r .F ' ":~~~~~y~:-~rt~~'~°~s ~ " ..s r 5"r,~ .s-c ~~a ~ s - : _ . _ - . ~ ~-r - - - . .