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HomeMy WebLinkAbout0722 i . ~ • . ~ , : ihe Succasor Trustee shall hoW the tnut assets in continuins trust until such be~t'iciary attains the aae of twenty-one years. During wch period of continuing wst the Sucoasor Tn~stee, in his absolute discrction. may retain the speci6c trust property hercio described if he believp it in the best intercst of the bene6ciuy so to do, oc 6e may seU or other~rise d'apose of such specific vuu proputy. investina and reinvesting the proceeds as he may deem appmpriat~e. If the spai8c trust p~operty s6all be productivc ot income or if it be soW or olherwix disposed of, the Successor Tnntee wsy spply or e:pend any or all of tbe income or principal directly [or the mainteoanoe. education and support of We minor beoe6ciary without tUe inte~eetioa of aay suardian and ~rithout appliation to any court. Snch payments of income or principal may be tnade to We puents of such mirar ot to the person with whom 1he mirwr is livina w~ithout any 1'ability upon the Succeswr Tn~stee to see•to ~he application thereof. If any such minor survives me but dia i beforc the a~ee of tvrenty-one years, at his or her death thc Successor Trustee shall deliver. pay over. transfer and distribute the trust ' ~ propenY beina held for wch minor to said minor's personal nprcsentatives, abaolutely. 2. I reserve unto myselt the power and riaht to mlkct any rental or other inoort~ wrhich may accrue fmm ihe tr~t property t and, ia my sok discretion as trustee, either to accumulate such inc~ome as an addition to the ttust asseu being held hercunder or pay j such incane to myself as an individwl. . I 3. I res~rve unto myself the power and riaht at any time durins my lifetime to amend or rcvoke in whok or in part the trust lxreby crated ~vithout the necessity of oMainina the aonxnt of any beoeficiary and without sivinE notioe to any beneficiary. The sak or other dspoaition. by me of the whok or any put of the property held hercunder shall oonstitute u to such whok or put a rcvocataa of this trust. ' ! , 4. The death during my lifetime, or in a common accident or disaster with me, of all of the beneficiaries ~esianated hereunder ~ shall revoke such daignation, and in the former evtnt, 1 reserve the right to daigqate new beneficiuia. Shwld i for any reason fail ; to daignate such new beneficiaries, this.trust shall terminste upon my death and the uvst property shall rcvert to my estate. ` S. In the everit of my death or kgal incapacity. i hereby ~wminate and appoint as Successor Trustee hereunder the beaeficiary ! fust above named. unless such beneficiary be a minor or kgally incompeten~ in which event I hercby nominate and appoint as ~ Successor Tnata hereunder the beneficiary wtwx oame appears seoond above. If wch beneficiary named seca~d abov~e shall be a minor or kplly inoompelen~ then I nominate and appoint as Successor Trustee txnunde~: - . (NemC) (Addt~ss) Number . Street City State f- 6. This Declaration o[ Trust shall eatend to and be binding upon the heirs, executors. administrators and assi~u of the under- sianed and upon t6e Sucoessors to tl~e Tr.ntee. 7. The Trustet and his suaesson shall serve without ba~d. ~ 8. TDis Declaration of Trust shall be construed and enfarced in accotdance with the laws of the State of ~ Florida ~ iN WITNESS WHEREOF I have hereunto set my hand and seal this 3~h day of October 19 70 • ~ ~ ~ - (sign h~re) Wimess: (1) ° ' ~ ~7~'~-G ~~z~z~` 2(~G92~ ~ w-,m~: c2~ - ~ . ~ sc~ o~ ~ " ' r _ fi: _ ~ M''JLt.~/ ~ ~vwCt,v ~ On t6e' ~ ~day ti~""' nineteen hund~ed a~ ` ~e f known W me ~ be tbe individua! describod in, and who executed the foregoing instrument, and ~ej~atknowledged that -be e~ec~ie aseee, and in due form of law acicnowkdge the foregoing instrument to be m~~~' free act and deod: iqd- d~ ^the ~ame might be recordod as such. ~ . ~ F !v t J yI ~ - ' ~I ~,~1•~~ ~ ~ ' ~~y ~u ~:J ;,~:a: ~ - NaBIy p1i~1C ~J:~- , _ •~'f~ , . ' r ~ ' Noiary Pi~it, 5:2~2 G} F~o:;!a _ ae - . 0~ ' Mr tor~,~,.ss.~~.~ Ex~,:se~ ~an. 7`.;Il ~A{K ~ lo:iW "c~ ~...r.~_an i~ 6 Caa• - ~ ~:su ~y,'s ~-~~x. • ~ - - ~.~z.;,~,o"~ - _r-~ ~~`':c~ ~~-x ~ ` -~'ay;_~, =a - . . _ . . _ ~ -`..~s" . _ . . v .