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HomeMy WebLinkAbout0720 ~ l . ~ ~ e'. • . . ~Y the Successor Trustee shall hold the ttust asxts in oontinuin~ tnpt unW suc6 beMBciary attains the age of twenty-one yean. Durina such period of oontinuina trust the Successor Trustee, in his absolute discretia~. may retain 1Le speci6c trust property hercin desc~ibed if he believes it in the bat interat of the beneficiary w'to do. or Ae may aell or otherwde dispox of such ific trust + investina and rcinvesting the proceeds as-he ma deem ~Y• ~ Y appropriat~e. It ihe speci8a trust property shsl! be productive of income or it it be sold or otherwise dispoaed of. the Successor Trustee mar apptf or espa~d aay or all of the iaoaae or principal dircc4ly for the ! maintenar~oe. cducatioa and support of the minor b~eoe~iciary witbo~t d~e ip~tioa ot any ~uardian and ~rithout application to any ' rnurt. Such paya~ents of incane or principal may be made to tbe parcnts of such. mi~ or to the person rvith whom 1he mirar is . E. ~ living aitdout any liabilicy upon the Successor Tnistee to aee to the application thereof. If sny such tpinor wrviva me but dia be[ore the aee of tvrenty-o~ years, at his o~ her death the Suocessor Trustee sha11 deliv~r, pay over, transfer and distribute the tnut property being held for such miaor to said minor's perwnal representatives, abaolutely. ~ 2. 1 r~e unto myself tAe power and riaht to oolkct any rcoul or other income which' may aocrue from the trusi propeny and, in my sok discretion as Wstee, either to accumulate such income as an addition to the trust assets bein~ held 6ereunder or Q~y ' ; such i~x to myself u an u~dividual. • • 3. I reserve unto myself the power and right at. any time during my lifetirne to amend or revote in rvhok or in part tAe uust 1 hercby created rrithont the ~ty of oMainins t6e ca~sent of any beoeficiary and ~vithout pvins notioe to any beneficiary. 'Thc sak ~ or otUer,di~osition by me of the wbok a any part of the propeny held hercunder shall oonstitute u to such whok or part a ~ revocation of this tnut. • 4. Thc death during my lifetime, or in a common accident or disaster with me, of all of the beneficiuia daignattd hercuoder shall rcvoke such desip~ation. and in the former even~ 1 rcserve the riaht to daipyte new beneficiuies. Shaild t for any rcasw~ fail to daignatc such new beocficiaria, this trwt shall terminate upon my death and the trust property shall rcvert to my estate. . S. In the event of my dath or kgal incapacity, I hercby ~aminate and appoint ~s Sucoessor Tn~stte hereunder the bencfrciary first above named, unless wch bencficiary be a minor or kgally incanpetent, in rvhich event I hereby naminate and appoint u Soccasor 'It~ntee 6ereunder tl~e.beaefici:rY whaea name appeats socond above. if such beneficiary named aeca~d above shall be a mi~wr or kplly inoompeten~ it~en I nominate and appoint as S~ Trustee hereunder: (N~) . ; ; ~ Number Street City State ~ . ~ 6. 'Ihii Decluation ot Trust shall extend to and be biadina upon t6e heirs, e:ecutors, administraton and assigns of the under- j signod and upon the Successors to the Tr.nlee. ~ 7. The Trustee and Ais successors shall serve without ba~d. ~ 8. This Doclantion of Tn~st shall be oonstn~ed and enforced in accordance with the laws of the Sute of ~ ~ Florida . ~ 1N WITNESS WHEREOF I have hereunto set my hand and seal this 30~ day of October 1970 ~ I (sign htr .S. W;mess: (1) v , ~ w-~: c2~ ~ 2CG9'Z4 ' , d ; ~ ~ s~ ~ ; ~ i ~ Q_, . - i ~ ? ~c.c,cc~ , . ~ On the 1 day nineteen hundrod ~ ~ (J - betore me t~ known W me tq :be .t~4_ ~dnal described in, and who exa:utod the forego' q~strument, and _herLac.knowlodg~ed that -6e p?~p~opp~q tha same, and in due form of law acknowlodae the fO~A$ 1[ISiN~lttl~ t0 bC ~ fra act ~ dEO~ ~~I~ ~ f~IC QU~1L tfC fCCOI~ 8S S11CE1. - „ L° _ ~ • _ _ t~(A!v ~ ~ M~~1 ~4 rl, . _ - t ~ L. ~ NCtaty? PnbiiC ~ " " ` - ~ - a ~ ~ ~~9 - Noc~,? ~~tK. s~d:~ a~ Fc~:. ' - -1'j • ~ Mr Comi:tissi~r. L.rar: ~5, i'312 ~ ~~.e.s a. . • . .:r. : s :,...~n :.e. ~ ~'"~a.~;~.~~.:~~~ a .r. ~s ~ - ..a~ ~.:wW`s. ~ ~ . _ _