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HomeMy WebLinkAbout0708 • - 4 ~7~f ~ ~ . ~ u'~ . ~ the Tn~stee shall hold the trust assets in continuin~ tnist unW such beoebciary attains the age of twenty-one ycars. Durina such pe~iod ot continuing trust the Suocessor Trustee. in his absolute discretion. may retain the speci6c trust property hercin dacribed if he believes it in the best interest of the beoe&iary w to do. or he may sell or otherrvise dispose of such specific trust prop~enY. invatina and reinvesting the proceeds u he may dam appropriate. If tbe speci& truat property tbaU be productive ot income or if it be wld or otRerwix d'uposed of. the Successor 7Yustee msy spply or eatpend any ar all ot the incame or principal direcUy [or the maintenance, education and suppost of the minor beoeficiary ~vit6out We interv~ntion of any ~uabian and without applitation to any court. Such payments of" income or pri~cipal may be made to the parcnb of s~xh minor or to the person with whom the mirwr is living without any 6ability upon the S~xcessor Trustee to see to the applicatioo thercof. If any such minor wrviva me but dia be[ore the aae of tvrenty-one years, at his or her dath the Successor Trustee s1~a11 deliver, pay ovcr, transfer and d'atribute the tnnt property beina held for such minor to said minar's personal ~cpresentatives, absolutely. 2. I raerve unto myself the power and ri6ht to rnlkct any rcntal or other incort~e which may accrue trom Ihe trust property and, in my wk discrction u trustee, either to accumulate such income u an addition to the trust assets beins heW hueunder or pay ~ i such income tomyself as an individual. i 3. I reserve unto myself the ~power and risht at any timc duri~a my lifetime to amend or reroke in w~hok or in part the trust t- hereb crpted ~vithout the Recessi ot obtaini tl~e ooment of an benel'ic' i~ Y ty ns Y ~ary and w~ithout sivins notioe to any bendiciary. The tale E or other d'aposition by me of the wlwk or any part of the propeny heW hereunder shall oonstitute u to such whok or put a 1 rcvoatan of this wst. . . ~ 4. The dqth durina my litetime, or in a common accident or d'wster with mt, of all of the beneficiuies daignaud hercu~der shall rewke auch daisnation, and in the former event, I rcserve thc right to desisnate new bene6ciuia. S6wW I for any reason fail to daignate such new beneficiuies, this trust shaU terminate upon my death and the trust property ahall revert to my atate. S. In the event of my death or legal incapacity, 1 hereby rwminate and appoint as Successor Trustoe hereunder the beneficiary [ first above namtd. unlas such beneficiary be a minor or legally incompetent, In which event I hereby nominate and appoint as ~ Successor Trustee hercunder the beneficiary whose name appears seeo~d above. if wch beneficiary named seoood above shall be s minor or kgally incompetent, then I naminate and appoint is Sutcessor Trustee hueu~du: (Ne~) ~ (Address) ~ Number Street City State . 6. This Daluation of Trust shall extmd to and be bindina upon the heirs, ea~xutors, administntors and sssians of 1he unde~- ! signcd and uport the Successors to the Tr.~stee. I 7. The Trustee and his successors shall serve without bond. ~ ~ 8. This Declaratio~ of Trust shall be construed and enforced in accordance with the laws ot the State of Florida ~ IN WITNESS WHEREOF I have hereunto set my hand and seal this 3~ day of October 19 70 ~ - - . ~ ~ ~ (si n hcre) i vVitness: (1) ~ ~ w;m~: ~z~ ~ ~x.~ ~~ti~ 2it;t3914 ° ~ i J~t ~ ~ ~ ~ _ ~~u~ _ ~ c,~„~,~ ,~l' h~',i~- ~ t~,, ° On r~ l~ day , nineteen hundred an before IDC ' ~ • known W me tct:t~t.tbe individual described in, and who executed the foregoing instrument, and~ ~~cknowledged that _..]a~~i4q~t~ed the'sa~nne, aad in due form of law acknowledge the foregoing instrument to be fra act . aad deed aqd daii+ed.tbe some migbt be ra:orded as such. - ~ . ~ ' ~ ~n c' ~ . ~ Notary Pnblic ~t ~:R• - . n , ~ ~ ~Otdl"~ ~1:~3i,(: St~t^ u; ~3 s`' ~~88 ~ : s ~y; ~ . • '$bI1X ~?y Corr.:=.ss?_a Ezr~ ~ ' ~ . ~oad~4 ~Y A~~•:cs, fc~ 6 Ca;w'ry,ta. . . ' ~ s J~ i ~L..~tL . T . ~r~~~ .a , :eg . . • _ ",x. > ' - 'd, .~~„"ya ' K`