Loading...
HomeMy WebLinkAbout0714 ~ . ' tAe Succawr Trustee shall hoid the uust asseu in oonp~uins trust unW such be~e&~uy attains the age of twenty-one years. During such period of continuina trust the Successor Trusta, in his absolute discretion, may ntain the spcciBc trust property hercin described if he believes it in the best interest of the bene6ciuy w to do. o~ Ne tpay sell or otl~erwri~e dispose of such specific trust property. investina and reinvesting the proceeds u he may deem approptiste. If the spxi6c Mut property shaU be productive of income ar if it be sold or otherwix dispoaed of. the Successot Trustee may applr or p[peed any or all ot the iuoome or principal directly for the maintenance. education and support of the mi~ror beoeficiary ~ritbo~~t We iatuveRtion of any ~uardian and without application lo any rnurt. Such payments of income or principal may be made ta tl~e patenb of wd~ minor ot to the person with whom ~he minor is living without any liabitity upon the Suaessor Trustee to see to ~he appliption thercof. If any such minor survives me but dia before the a~e ot tw~e~ty-wK years, at his or her dath the Successor Trustee shall deliver. pay over. tnnsfer snd distribute the trust ~ property being held tor such minor to said minor's pcrsonal representativa, absolutely. 2. I raerve u~to mysclf the power and ri~ht to oolkct any rcntal or otha income wfiich may aocrue from the trust property F and, in my sok discretion u trusta, either to accumulate such income as an addition to the trust assets beins held hereunder or psy sucb incane to myself as sn individuaL ~ 3. 1 raerve unto myself the power and ritht at any time duri~a my lifetime to amend or rcvoke in whok or ie put the trust hercby created yvithout tAe necessity of obtainin~ We consent of any beneficiary aod ~rithout siving notia to any beneRciary. The ak ~ or otAer disposition by me of the whok or anr pan of the propeny held hercunder shall oonstitute as to such wfiok or pan a ~ revocation of this trust. . . ! 4. The death durins my litetime, or in a common sccident or disuter with me, of all ot the bene6ciaries dai~nated hereunder ~ shall revoke such daisnation, and in the former even~ 1 raerve ~hc ~igh~ to desip~te new bene6ciuia. Sbould i for any rcason fail to daignate such new beneficiaries, th~t trust shall tenninate upon my death and the trust property shall rcvert to mr atate. S. . In t~ event of my death or k6a1 incapacity, I hercby nominate and appoint as Sucoessor Truuee hereunder the bene&iary first above named> unless such beneficiary be a miiwr ar kgally incompeten~ in which event I hercby nominate and appoint as Successor Trustee hereunder the baKficiaty ~?haae name sppean second above. It such benetkiary named secand abore shall be a minor or kgally incornpetent, then i nominate and ~ppoint as Suc~ot Trustee lrcteunder ~ ~N~~ ! (Address) . Number Street Ciqr State ~ - ~ 6. This Declaration of Trust shall extend 1o and be bindina upon the heirs, executors. administratms and sssigns of the under- . i signed and upon ihe Suocessors to the Tr.~stee. • ~ 7. Tht Tnntee and his s+xcessors shall servt without ba~d. " ~ 8. Thit Declantion of Tn~st shaU be construed and enforced in accordanoe with the laws of the State of . t Florida . ~ ~ i ~ _ IN WI'ITIESS WHEREOF I have hereunto set my hand and seal this 3~ day of _ October 1970 • ~ (si hert) .S. i ~ wimess: (1) ' v ~ . w witnas: (2) ~V~~ ~ ~ -~~''iRA/`~ - ~ ~ E ~ ~ ~ ~ ~ ~y ~ _,~y ~ . ~ : ~ ~ On r~ da of ~~~1~~~~ , nineteen hundrod an Y before me c+~ v`- r~~~v~11G known W me to be tbe iadividual describod in, and who executed the foregoing instruaxnt, and _he~ ecknowlodged ` that _~e ihe s~me, ead in due form of law acknowlodge the foregoing instrumeot to be trce act aad deod•ip~daited the ~a~e miaht be rooordod as such. , ~ Qvatar~C Se?4 ' • - . - Notary Publ~c - - . ~7 ~~:ie^~ . . _ ct i... :t ~.i:~E . ' ? ~ 0 R ' ~ My Co . . ia~~.~ 25, i9J2 l ` '~j~ , ~oas.e t, Aa,.,.<,n r.. a :.~...r~ :s. (y1~ . ~ . . . ~ ~ s• • . ~ j. - w ~ Y 1 S ~'~-3 ~i`" ~ ~ . ' " . . . . . m ~~~.,VG' -~r.4 _ R ~w." 2