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HomeMy WebLinkAbout0692 t ' ~ ~t~,/:. the Successor Trustee shall hold the trust assets in continuin~ trutt until such bcneficiary attains the age ot twenty-one years. During wch period of continuing trust the Successor Trusice, in his absolute discretan, may repin 1he speci6c trust property herein Jescribad if hc believes it in the bcst interest of the beneficiary so to do, or he may seU or othe~rise dispo~e of such specific trust property, investing and ~einvesting the proceecls as he may dcem approptiate. If the spetific trust property shall be produc~ive o( ~ncome or if it be sold or otherwix disposcd ot. the Successor Trustoe way app~y or eacpend any or all of We incane or principal direcUy tor the maintenanco, education arni support of the minor btaeficiary ~'vithoiit We intervention of any ~uardian and without appliatio~ to any court. Such payments of income or principal may be mufe to the parcnts of such minor or ~o the persai with whom the minor is living wi~hout any liability upon the Successor Trustee to ace ~to thc applicatiw~ thereof. If any such minor wrvives me but dies beforc the age ot twenty-one ycars, at his or her death the Successor Trustee shall deliver, pay over, trans(er and distribute the trust { property being held for such minor to said minor's personal representatives, absolutely. ~ 2. I rcserve unto myself the power and right to colkct any rcntal or other income which may accrue trom the trust property ~ and, in my sok disc~etion as trustee, either to accumulatc such income as an addition to the trust asseu being held hereunder or pay E such income to myselt as an individual, P 3. 1 rcserve unto myself the power and right at any lime during my lifetime to amend or rcvoke in whok or in part the uust 1 he~eby crcated yvithout the necessity of obiainin6 the coment of any beneficiary and without givina notioe 1o any benefxi~ry, The sak ~ or other disposition by me of the whok a any pan of the proQerty held hereunder sh~ll ronsutute u to such whok or pui a ± revocation of this truu. . ; 4. The death during my lifetime, or in a common accident or disuter with me, of.all of the beneficiaries designated hereunder shall revoke such daignation, and in the former event. I reserve the right to desianate new beneficiuies. St~ould_I for any reason fail to designate such new beneficisries, thit trust shall terminate upon my death and the trust propeny shall rovert to my eswte. S. In the event of my death or kgal incapacity. 1 hercby nominate and appoint as Successor Trustee hereunder the beneficiary flrst sbove named, unless such beneficiary be a minor or legally incompetent, in which event t hereby nominate and appoint u Succasor Trustee hereunder the beneficiary whose name appean saond above. lf such bcneficiary named second above shall be a minor or kgally incompetent. then 1 nominate and appoiat as Successor Trustce bueundu: _ (NaIDC) i • f cAaa~) ~ ~ Number Street ~ City • State t_ ~ 6. This Decluation of Trust shall eatend to and be bindine upon thc heirs, execWors, adminiurators and assigra of the under- { signed and upon the Successors to the Tr•.ntee. ~ , ' 7. The Trustet and his successors shall serve without bond. ~ 8. This Declantion of Trust shall be consvued and entorced in accordance with the laws of the State of ~ Florida - ~ IN V14'lTNESS WHEREOF I have hereunto set my hand and seal thi 3~ day of October 19 • . . (si n htrt) .S. ~ Witness: (1) ~v ! .r,,. " ` ' i~ Wimas: (2) ~ ~ ~ ~ r, _ ~ ~ ~ ~ty ~ On ~he << ~ da , nineteen hundred an cey ~ tx[on ~ ~ • ~ ~ ~ known W m~,to~;btth~iAdividual described in, and who executed the foregoing instrument, and _~'racknowledged that _..~.e,~iited the sae~e, and in due form of law acknowledge the foregoing instrument to be free act and dee~d ~8i~; ~esirod _tbe sapl~ ~mi~ht be recorded as. such = - ' ~ ~ ~ L,~~: . , ~ h,- S~~ "/6tV ~ ~~~~tr -t; •_i /V'N t .(~+~Ct~~.. ~1 • . ~ l! ~ ~ _~..l.: y. • ~ • Nf1f9fV iYV1~ ' • .~I ~l''±~~, ~ ' ~ r . _ ` j ' . . . 'EWL~ ~ S~ NStary a at t:~r,c 'l- ' Q~Y PuE:sc. State ot Flcrii 1' ~ . - r M E~p;tes lan. 25. ly7t ~ y ~6~~.T~SSi~ri ' ' , F. A i . . Cn i _ . ~ r ~ tiF--r~.,., - _