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HomeMy WebLinkAbout0704 . , i. . • ~ ~ i . . the Succcssor Trustee sha11 hold the trust assets in continuina trust unli) such bene6ciary attains the aee of twenty-one years. During such period ot continuing trust the Successor Trustee, in his absolute discretion. may retain the speci6c trust property hercin described i[ he bclieves it in the best interest of the beneficiary so to do. or I~e may sell or otherwise dispose o( such specific trust property, im~esting and reimesting the proceeds u ht may cleem appropriate. If the ipecific trust property s6a11 be productive of income or it it be sold or otherwix disposed of, the Successor Trusteo may spply ar e=pend aay pr all of t6e incanZ or principsl direcUy for the mainteoance. criucation a~ support ot the minw beneficiary writtaut Ihe intervrntion of any fuardian and without application to any court. Such payments of income or principal may be made to the parcnls of such minor or to Ihe person with whom the minot is living without anr liability upon the Successor Trustee to see to the application thereof. !f any such reinor survives me but dies beforc the age of twenty-one years. at ha or her death the Successor Tnutee shall deliver, pay over, transfer and disuibute the trust property being held for such minor to said minor's personal r~presentatives, aluolutely. 2. I reserve unto myselt the power and right to collect any rcntal or other income which may accrue trom the trust properiy ! and, in my sok discretion as uustee, either to aocumulste sueh income as an additan to the trust assets being hcld hercunder or p~y such income to myself as an individual. ' 3. I raerve unto myself the powe~ and rig6t at any time during my lifetime to amend or revoke in whok or in part the trust hercby created yvithout the neeessity of obtsining the consent of any beneficiary and without sivins nolioe to any beneficiary. The sak or other dispoaition by me of the whok or any part ot 1he propeny held hercunder shall constitute as to such whok or part a . rcvocation of this trust. • 4. The death durina my lifetime, or in a common accident or disaster with me, of all ot the beneficiuies designated hercunder shall rcroke such designation, and in the former event, I rcserve the riglit to daignate new beneficiaria. Should i for any reason tail to daignate such ncw beneficiaries, this trust shaU terminate upon my death and the trust propeny shall rcvert to my estate. S. ln the event of my death or kgal incapaciry, I hereby nominate and appoint as Successor Trustee hercunder the beneficiary first above named, unkss such benefxiary. be a minor or legally incompeten~ in which event I hereby nominate and appoint u Succasor Trustee henunder tl~e bcneficiary whose name .appears secood above. if such beneficiary named seca~d above shall be a minor or kgally incompetent. then 1 naninate and appoinl as Suc~oessor Trustee hereunder: (N~) ~ (Address) Number Screet . City State 6. This Decluation of Trust shall eatpnd to and be bindins upon the heirs, executon. administrators and usiEns of the under- signed and upon the Successora to the Trastee_ E 7. The Trustee and his successora shall serve without bond. j S. This Declaration of Trust shall be construed and enforced in accordance with the I~ws of the State of I ~ Flo~ida ~ i ~ IN WITNESS WHEREOF I have hereunto set my hand and seal this 3~ day of October 19 . ~ • ~ ; ; (sign irere) .S. . Witnas: ( I ' y ` ~ w;m~: ~2~ (~~~;c~l.~i~/1c.~x~~~~~~i` 2(~'093.2'~ ? . . . a.. . ~ °f ~J .~`l/~df YVN/~" ,{J/J ~ t i ~ ' ~ • r !Y v• I . ~ ~ ~:pIIp1~/ p~.fi~I ~LI.{/ On t6e day of L , nineteen hundred an , , F beforc me came ~ ~ • known W me tu t~.tbe individual described in, and who eaecuted the foregoing instrument, and -h knowledged that -.be the same~ and in due form of law acknowlalge the foregoing instrument to be ~ free act and dood ~W~ tbe satne might be recorded as such. a ~ , `r • I ' r ~ /I~' (N1o0i¢-Seall - - . ~ - ; , : : ; •~s: . . , Notary Public r• ~ 1jOttry Qa~~:. St:.t~ o~ Fio:.~~ 3l ~.t'4t ~ ' . . .:•i~ . :$QOK ;,~r C,z~n.,~:..,,n tc;rt:~T !d~. 1~:2 - ~ . • 4 s. ~ . . , . . . F ~ ~ _ ~ fr y z,~ ,,.F r . ~ ° %.'c r;n-~.~ .s.~ . _ _ _ . . . _ . . . . . . .