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HomeMy WebLinkAbout0710 ~j.r-:..1 ~he Successor Trustee shall hold the uust sssets in continuin~ trust uutil sucfi beAd'iciuy attains tt~e a~e of twenty-one years. Durins such period of oontinuing trust tAe Succ~essor Trustee, in Ais absolute discretio~. may retain the speci6c trust property hercin dacribed if he believes it in the bat inte~est ot the beneficiaty so to do. ur he may sell or othenvise dppwe of such specific vust proptrtY. investina and rciovestina the procecds u he may dean approp~este. If tbe specific trnst pmperty absll be productive ot income or it it be sold or otherwix d'apcued of. the Successor 7~ustee msy apply ar e:peod aay or al! of tbe ioooa~e or principal dinctly for the maintenance, education and support of the minor beoe6ciary without fbe inteNeatioq of any ~uardian and rvithout application to any court. Such paymenu of income or priqcipal may be made to t6e puents of such mirar or to the person w~ith whom the minor is living w~ithout any liability upon the 5uccasor Trusta to sa to the spplication tAercot. It a~y such muar survives me but dies befae 1he ase of tw*enty-one yprs, at his on c~r death tbe Sucoasor Trustee sfiall deliver. pay over, transtcr and disvibute the tcust property bein~ held tor such minor to said minor s penonal reptesentstives, absolutely. ' - 2. I reserve unto myself the power and riaht to rnllect any renul or other incocne which may aocrue from the tnut property and, in my sok discretion as trustce, eithe~ to accumulate wch income as an addition to the trust asxts beins held bercunder or pay such incoa~e to myself as an individwl. 3. I reserve unto myselt tbe power and ri~6t at any tia~e during my lifetime to ameod or t~evoke in w~lak or in part the wst hereby crated yvithout the naessity uf obtsinin~ the ooment of any beneficiary and ~ritl~out sivina notioe to aay benefciary. The ~ale or other disposition by me of the whok or any put of the property held hereunder shall oonstitute as to wd~ whok or put a revocstion of that trust. ~ • • ~ 4. 'ibt death durina my lifetime, or in a canmon accident or disaster with me, of all of ti~e beneficiiuia daianated hercunder shall rcvoke such daigna~ioa, and in the former even~ I rcserve the ri~At w dai~nate new beneficiaries. S6ouW I tor any rcawn fail to designate such new beneficiaries, this trust shall terminste upon my death and the trust prop~rty shall revert to my atate. S. In the event of my death or ksal incaprcity, I hercby ~aminate and appant as Suooessor Trustee hercunder the beneficiary first above named, unless such beneficiary be a minor or kgaUy incanpetent, in ~vhich event I hereby naminate and appoint as Succasor Trustee hercunder the beaeficiary whase name appears aeoad a6ove. It wch beneficiary named scoond abore shall be a minor or kgally inmiopetent, then i nominate and appoint ~ Suoassor Tnatee here~: (Name) . . , . (Addc~ss) ~ ' Number Street City Stste ' ~ _ i ~ 6. This Decluation of Trust shall exte~ to aad be bindins upon t6e heirs, esecutors, administraton and auip~s of the under• ~ ' siaoed and upon the Succasors to the Tr.~stee. ; i , ~ 7. The Trustee and h~ sua~ssors shall serve without bo~d. ' ~ 8. Tbis Decluration of Tnut ahall be construed and enforccd in. accordance Mrith the la~vs of the State of ~ F lacida - ; IN WtTNESS WHEREOF I have hereunto set my hand and seal this 3~h day of ! ~ October 19 . • f . ~ • ; ~ (sign he~e) Wimess: ( i ) ~ : .!s s ~~915 p w;mas: c2) ~ s~m _ . ~j P~ ~ ~ ~ ~ ~ ~6i,u,~, - . ~ On the 1 r~ay ninetcen hundred before me came ~ - l• • ~ . known to me to be the iudividual dcscribod in, and who eaecutod the foregoing instrument, aad ~e ~k•nowlodged that -he executod tl~e same. and in due form of law acknowlodge the foregoing instrument to be fra act and dood and daired the same mig6t be rxordod as suc6. (Naarr seaq ~ ~r , NO~iiy PR~IC - r~ _ _ Nctary Ps:l~i:c. St~te af El,:•~'a al `L.~-;e ~ • (~y `~i121:~1~NJi~ l) f.i4~ .Ji. LJ? l71 L . . OVI~~ ~ ~ ~O::ta1 f1 IIH:~un iJf A Gwa1Y Gi. ; ; ~ - . =F '~",...jx ,,.~.~c~~.~„„~'~ . ~ ~ t~~-,"`~"~ x~~'`~"~".~ ~ ~ ,~a~ _ ~ _ :