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HomeMy WebLinkAbout0736 i - . , `.j~ 3,,~ ! the Succeswr Trustee shall hold ihe 'trust assets in continuins trust unW such beneficiary attains the age of twenty-one yean. During such period ot continuing trust the Successor Trustee, in his abaolute discretion. may retain the speci6c trust prope~ty hercin described if he believes it ia the bat interest of the beneficiary w to do. or be map atU or otberwise d'apose of such specific trust properly. ~ invating and rciovesting the proceeds as he may deem appropriate. If the tpocibc trust proprrty ahaU be productive of inaxne ot if f it be soW or otherwix disposed of. the Successor Trustee msy apply or ea~pa~d any or all of the incane or princiQ~al directly fvr the maintenance. education and support of the minor beoeBciary without tDe intervention ot aay ~ardian snd w~ithout application to any court. Such paya~ents of income or principal may be made to the pareets of such minor or to the perwn with whom the minor is living witAout any liability upoo the Succasor Trustee w see to the application thereof. if any such mirwr wrvives me but dia beforc the aae oi twenty-one yean, at his or her death the Successor Trustee ahall delive~, pay over, transfer and d'atribute the trust property beina held for such minor to said mirnx's personal reprcsentatives, absolutely. 2. I tauve uoto myxlt the power and right to colkct any rcntal or other income which may accrue from ~he trust property i and, in my sok disccetioa as uustee, either to aceumulate such income u an addition to the trust asseu beina held hercunder or pay I such inc«ne to mysclt as an individwl. i 3. I rexrve unto myself the power and rijhl at any time durina my lifetlme to amend or revote in whok or in part the trust 4 hereby created yvithout the necessity of obtainina the oonxnt of any beneficiary and ~rithout givios notia to sny bet~e6ciary. The sale ~ or otbe~ disposition by me of the whok or any put of the property held hereundcr shall oonstiwte as to such whok or pan a revocation of this wst. 4. T6e death during my lifetime, or in a common accident or disuter with me, of all of the beneficiuies designsted hereunder shall revoke such daianation, and in the form4r event, I raerve the right to daisnate new beneficiuies. Shwld I tor any reason fail to desisnate such new beneficiaries, th~s ttwt shall terminate upon my death and the tngt property shall revert to my estate. I ; S. in the event of my death or kEal i~capacity. 1 hereby nominate and appoint as Successor Trustee hercunder the bene6ciary ~ fust above named, unless such beneficiary be a minor or kgally ineompetent. in rvhich event I hereby naninate and appoi~t as ~ Successor Trustee. hereunder the beaeficiary whoae name appean seca~d above. If wc6 beneficiary nsmed seew~d above shall be a ~ minor or kjally incanpeten~ thrn I nominate and appant as Successor-Trustee hereunder: ~ ~ ~ ~ (N~) I (Address) ~ Number Street City - State ; ~ 6. This Declaration of Trust shall extend to and be binding upoo the heirs, e:ecutors. administrators and assians of the undcr- i i si~ed and upon t6e Succesaors to the Tr,istee. ~ ' The Tnasta and his succasors shall urn without ban1. 8. This Decluation of Trust shall be conurued and enforced in accordance with.the laws of the State of } 3 Fla~ida i ~ - ~ , ; IN WITNESS WHEREOF I_have hereunto set my hand and seal this 3~h day of October 1970 . ~ , i } s (si n /rer - ! Wimess: (1) ~ - ` ?,t:o928 i vN~ibness: (2) « ~ 'j~~„~, j „ ' ~ StaLe c~f ~MIAt, ~ ~ ~ af i1M~L(x-' st: - CouatY / ~ ,,-.,~J,' Qp thr_ li ~ day nf ~"'~'W'^~ , nineteen hundred ~ bCCIODC IDC C~,.. ~ • ~ • !'~KAIYI/YI. knowa ~p.i~e totil~,~e i~idividual describod in, and who executed the foregoing instrument, and ~ acknowledged i that _.~re the~tid~e, and in due form of law acknowledge the foregoing instrument to be frce act and deed e~t~~ th~ saibe might be rabrded as such. . . ~ - ~ - ~ : IlT'M'LU/` / ~ . - ; ~ _ : (N~,gq1i ~ = , J , $DOK~~ ~ Notary PubLc ` 0~ t Hotzry 1~ia~;:. Str,e of F~~;:?a z: ' _ ' . ~ . } : 1 ' . i Yt t t.~y ~G~;::..:s.a.~: ~S 1F.:.. ~.5, ; s, . . ~ . - • 6. g~. . . . C,...~+i . 3~,s~ . ~c z ~~~`z- ~.rsw+ _ . . . - .s.. - - ~ . , -~~.s-" .,v-' r " ~ . . _ . . n~~".r,~~; . .