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HomeMy WebLinkAbout0734 - w _ . . , . Ux.Successor Trustee shal) hold the trust assets in continuins trust unW such beneSciary attains the sge of twenty-one ycan. Durina ~ wch period of continuing trust the Suceasor Trustee, in Ais abaolute discretion. may retain the speci6c trust propeny Ixrcin dacribed s if he believes it in the bat intereu of the beneficiary so to do. ac be may sell or oWerwi~e dispose of such specific wst property. ~ invating and rcinvesting the proceeds u hc may dcem appropriste, If We spxi6c trust property shaU be productive of income or if ~ it be sold or wherwix dispoaed of, the Successor 'ilnastee msy apply or expeod any or W of the inoome or principal directly for ttie maintenance. education and supp~ort of ttu minor beodfciary writhout 16e inte~rention of any ewrdian and without appliqtion to any court. Such payments of income or principal may be m:de to tlx pareats of such minor or to the penon with whom the minor is ' livina without anr liability upon the Succasor Trustee to aee to ihe appliation thereof. If any wch minor surviva me but dia ~ bttae the age of twenty-one years, at his or her death the Sucoasor Trustee shall delive~, pay over. transter and distribute 1he tnnt ! property being held for such minor to said minor3 personal reprcsentitives, absolutely. # 2. I reserve unto myself the power and right to colkct any rcntal or other income whicA may aocrue from the trust property :nd, in my sok discretion u trustee, eithe~ to aocumulate such income u an addition to the trust asset~ beina held hercunder or po~y such income to myxlf u sn individual. . ~ 3. I raerve unw myself the power a~d right at any timc durina my lifdime to unend or revoke io whok-or in part the tnut ~ hercby cratod ~vithout the necessity of obtaining the canent of any bene6ciary and w~ithout sivine oolioe to any bene6ciary. 'rUe sak or w6er dispoaition by me of tne rvhok or any part of the propeny held herewtder shall co~utitute as to s~ich whok or part a revocation of this uust. 4. The dath durina my lifetime. or in a common aaident or disaster with me. ot all of the beneRciuia daigoated hercunder ~ shall revoke wch designation. and in the tormer even~ I raerve U~e riaht to desisnate new beneficiaries. Should i for sny reason tail ' to desianate wch new bencficiaries, thas mut shall terminate upon my death and the trust property shall revert to my estata S. ln the event of my death oc kgal incapuity. I hereby naninate and appoint as Suocessor Tn~stee hereunder the beneficiuy ~ fint above named. unlas such beneficiary be a minor a kgally incanpeten~ in which eveot I hereb~r naninate and appoint as k Successor Trnstee hereunde~ the beneficiary ~?hose name appears second above. If such beneficiary namod aeoond above shall be a minor or kgally inoompetent. then I naninate and appoint as Successor Tnistce t~ercunder: . (Name) (Addras) _ Number Street City Stite ~ 6. T6is Dcclaration o( Trust shall eatend to and be binding upon the heirs, executa~s, adminisvators snd sssi~ns of the under- ; ~ signed and upon the Successors to the Trrstee. } , 7. The Tmstee and his s~uassors shall serve without bond. i ~ 8. This Declantion of Trust shall be constn~ed and rnforced in aocordance with the laws ot the Sute of ` ` Florida ~ 1N WiTNESS WHEREOF I have hereunto set my hand and seal this 30~ day of ` ~ ; ~ October 1970 . ~ ~ _ ~ E h ~ ~ ; t~7~ e~' w;mas; (1) _ . w;m~: a ~ c ~ 2CC9~' ~ o~.~°" ' ~ .~'i~ . ~ w , ~ ~ ~ T,-(,P~~,t,~ ~ ~°"°~y ~i,~ s~: - ~ / ~ ; On tbe ~ l day nineteen hundrod an ,`~K~ , ~OIC IDC camr„~T,~,~I~~u/t~^!r(/ - known to me~~ individual deacribod in, and who executed the foregoing instrument, and _he ~cknowledged ~ that -he e t~e sa~e, and in due form of law acknowlodge the foregoing instrument to be frce act and deod a~.desi~ad tLe~~ame noi~t be recordod as such. , - - _ ~ ~'h~ ~ - . ? ' (`J rl~ - . ~ ' j'J ~ . _ ~ ~ ~ t~atary E1Y.;~:.. Slaie oi Fica;a ai ! . ~ ;/i ,~i . 8~~~ M ' ' , 3. ~y%1 y to~ ~,a;:~ar: E~c::~r S 3ar. t ~ t . j...°.~. L>c.~d Li A.-.a cio f.r~ 8 tisasw) Co. _ - '~s: ~ z~~'.'Y,,,c~-='~ . . . . _ n 'c ~ '3.y-,~ ~~x - ~°a . - . _ . . _