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HomeMy WebLinkAbout0728 . I ~ { J , i~ the Successor Trustee shall hold the trust assets in continuin~ trust until such be~eficiary attains the age of twenty-one yean. Durina . such period of continuing trust the Successor Trustce, in his absolute discrction, may retain the specific t~ust propcrty hercin desc~ibed . i( he belie~es it in the best interest af the beneficiary w to do.. or he auy sell or otherwise d'apo~e o( such specific trust property, invcsting and ~einvesting the proceeds as he may deem appropriate. If the speci6c trust ptopeciy shall be productive of income or it it be wld or otherwix disposed of, the Successor Trusta may applr or e~pend any or all of ibe incane or principal direcUy [or the mai~tenance, educatiun and support of the minor beneficiary w~itLout tl~e ~ntervention of any ~nardian and withoul application to any court. Such payments ot incane or principal may be made to the parcnu of such minor or to the person with whom the minor is living without any liability upon the Succcswr Trustee lo see to the appliratioo thereof. If any such minor surviva me but dies before the age ot twenty-one ycars, at his or her death the Successor Trustee shall dtlive~, pay over, transfer and distribute the trust prope~ty being held for such minor to said mirwr's personal naesentativa, absolutely. 2. 1 raerve unto myxlf the power and right to colkct any rcntal or other income which may accrue from the trust property anc1, in my sok discretion u trustee, either to accumulate such income as an addition to the trust asxts bein~ held hereunder or pay such incane to myself as an individ~l. 3. I reserve unto myself the power and riaht at any time during my lifetime to amend or rcvoke in whok or in put the trust hereby creatcd yrithout the necessity of obtainina t6e ooese~t of any beneficiary and without ~irina notice lo any bmeficiary. The sak . or other dispoaition by me of Ihe whok or any part ot the propeny held hercunder shall constiwte u to wch whok or part a rcvocation of this uust. - - 4. The death during my lifetime, or in a common aceident ar disaster with me, ot all of the beneficiaria designatod hereunder shall revoke such designation, and in the former event. I rcse~ve the ~ight to dai~nate new beneficiaria. Should i for any reason fail to designate such new beneficiaries, thii trust shall terminate upon my death and the trust propeny shall revert to my atate. S. In the event of my death or kgal incapacity. I hereby nominate and appoint aa Sutceuor Trustee herounder the be~xficiary first above named, unless such beneficiuy be a minor or kgally incompeten~ in ~vhich event i hereby nominate and appoint as Successor Trustee hereunder the beneficiary wfiose name appears second above. If such beneficiuy named secood abore shall be a minor or kgally incampetent, then 1 nominate and appoint as S~xcessor Trustee hercunder: ~N~~ ' (Address) ~ Number Street City State i 6. This Declaration of T~ust shall extend to and be bindina.upon the heirs, executors. administrators and assig~s of the under- { signed and upon the Successors to ihe Tr•,utee. E ~ 7. The Trustee and his successors shall serre without bond. f. 8. This Declaration of Trust shall be construed and entorced in accordance with the laws of the Sute of ~ ~ Fl~ida IN WI'TNESS WHEREOF I have hereunto set my hand and seal this_ 3~~1 day of Octo~er 19 70 . , (sign htr~) " .S. Witness: (1) _ • ~ ~ ; ~'.~.1.~ ~Q~~ 2GG924 ~ , ' s w~: ~2~ - ; , ~ ~ ~ ~ ' ~ - - i ~ $1SiC O r E3• ~ ~ - pII r~ ~ ~ ~ay ~ ~j41yM~ , nineteen hundred before me v ~ - I ~~'+~r~ , ~ = lcnown ~ 1ee to,~;llui~:imdiv~dual described in, and who eaecutcd the foregoing instrument, and--~9; a~c~knowledged that _~e_. _~~t6a`-~dupy~e, and in due form of law acknowledge the foregoing instrument to be frce act and c14e~~~~~~~ t~ '~~ps. might be recordcd as such. - . ~ . • ~ - . Y~° ` ~ /N'`~ ~ (I~taaAr.seay -3 . Natry Pu~t~ry Public. St~te o( F3cr.ca at La: ~c , : . „ My Comsnissi,;n E.Fires lr.r.. ~i. i1i72 ~ * ~ . ' - F • ~ ~.i~3~d AMfKJi f:,~ t Cai.s~r Co. • f • _ ~ ; ~ ~ g~ ~r~ , ~"~ts~ ~ y .~a- - ~ _ ' ~ -