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HomeMy WebLinkAbout0724 ~ i. - the Successor Trustee shali hoid the trust assea in continuins trust unW suc6 brndciary attaim tbe age of tweoty-one years. Durins such pe~iod of continuing trust the Succeswr Trustee, in his absolute dixretion. may relain the speci6c uust property herein dacribed if he believa it in the beu interest ot the beneficiuy w to do. or I~e may sel! or otherwise dispose of such specific uust property. investin6 and rcinvestina the proceeds u he may deem appropriste. lf t6e apxi6c trust property shall be ptoductive of income or if it be sold or othenrix disposed of. the Successor Trustee msy appiy ar ea~pend any or all of the inoome or principal direrUy tor the maintenance. education and support of the mirwr beneficiary witbouf tbe ieter~eAtion of aay twrdian and ~rithout applicatan to any court. Such payments of income or principal may be made to the puents of wch minor or to the person with vrhom the minor a living without any liability upon the Suecessor Ttustee to see to the applicatioo thercof. If any snch minor survives me but dia bcfore the ase of twenty-one yeara, at his or her death the Succasor Trustee shall deliver, pay over, transter and distribute the trust prope~ty beina held tor such minor to said minor's personal rcpresentatira, absolutely. 2. I raerve unto mysel[ the power and risht to colkct any nntal or other income which may aocrue from the truu propeny and, in my sok dimetion u uustee. either to tccumulate such income u an addition to the trust asseu being held hereunder or pay ~ suct~ inoome to myself as an individwl. . . ~ 3. I raerve unto myself the power and risht at any time durina my lifetime to amend or revoke in whok or in part the trust hercby rreated ~ithout the necYSSity of obtainin~ tbe oon~ent of any beeeficiary and w~ithout sivins notioe to any beneficiary. The tak or other disposition tiy me of the w~hok ar aay pan of the propeny held hercunder shall oonstitute as to such ~rhole or put a revocation of this vust. 4. The dath durina my lifetime, or in a common aocident or disaster with me, ot all of the beneficiuia desianaled hercunder shall rcvoke such daignatio~, and i~ the former event, I rcserve thc ri6ht to dai~nate new beneficiuia. Sbould i for any rcason fail to daisnate such new bene6ciuies, this Mrst shall terminate upon my deatl~ aod the trust proQerty shall rcvert to my estate. S. In tbe tvent of my death or le~al incapacity. I hercby ~wminate and appoint as Successor Tn~stee hercunder tbe bencficiuy first above nuned. unless wch beneficiary be a minor or kgally inoompcten~ in wfiich eve~t I hereby naninate and sppoint u Successor Trustee hercw~der the beneficiary wlwse name appears seoond above. if such ba~eficiuy named seeo~d abova shall be a - minor or kaally incanpeten~ then I nominate and appoint as Suoassor Tn~stee Leteunder (N~) (Addnss) Neamber Street City State i 6. This Decluation of Trust shall extend to and be binding upon the heirs, e:ecutors, administratas and assisns of tl~e ueder- j signed and upon lbe Successors to the Tr,ntee. ' ' 7. The Trustee and his successors shall serve without bond. ~ ~ 8. 'ihis Declacation of Trust shall be construed and enforced in accordance with the laws of ihe State of ~ 0 j Flac~ida . ( IN Wt'I'NESS WHEREOF 1 have hereunto set my hand and seal this 30~ day of . , October lg 70 i (sign herej ~ ~ ~ •.i r w~: ~i) w . w;m~: ~2) ~~~`i~lc- • ; 2t,~922~ - ~ ~ sa~ ~ ^u,~,a, ` ~!E ~ ~ P~. . ~ ` ~ - ~ On ~l ~f day G~}~^lit~ niaeteen hundred and_~~'r`~"r - . ~ e. ~ known to ~.tp ~be. Rhe individual described in, and who executod the foregoing instrum~at, and -her~cknowledgod that -(1t;~4~d the'syne, and in due form of law aclcnowledge the fongoing instrument to be 'fG,v f~ ~ and doed~~+ed.ECte san~e might be recordod as such. ~ ~ : : ' ~ ~ /I'~!/ - . ~ - ~ ; ~ ~ - potary public Notary Pu51ic, Stiie ot Flo:ida at ta~~e . . . pp , ~ My Cc:~:tiis.iaa Exi:res ;~n. "LS, i9"12 - ~D~'~ ~ •_r,;~E /r A:r.u:. :r . 6~ hp. ~-}'X,~.F ` : e;~ _ , y, ~TY S:~ - ,yl ~F vr ' . a ~?Y'ti''~'~ . L~tr--`~ t ~ R. _ ~ 6~ ~ ~ _ ~ rsi 'iG' . . . _ _ . . _ . .