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Home My WebLink About1938 the Succeswr Trustce shall hokf the trust assets in cominuing tnnt until such beneficiary attains the age of twenty-one yean. Ducing au.h p~ri.xl uf contiouing trust the Successor Trustte, in his absolutt discretioo, may retain the specific trust property herein describe~l if he t~rlie~ec it in the best inte~est ot the bencficiary so to do, or ht may sell or othenvise dispoae of such specific trust property. investing and reinvesting the proceafs as he may Jeem appropriate. If the specific trust propeny ahall be productive of income or if it hr s.~ki o~ utherwrise Jisposed of, the Sikccsso~ Trustee may apply or expend a~y or all of the income or principal directly (or tAe maintenance, education and support o[ the minor beneficiary without the intervention ot any gua~dian and without application to any cuurt. Such payments oi income or principal may be made to the parents of such mirar or to the person with whom the minor is living without any liability upon the Succeswr Trustee to see to -the application thereof. If any such minor survives me but dies t+eforc the alte of twenty-one years, at his or he~ dealh Ihe Succeswr Tn~s~ee shall deliver, pay over, transfer and distribute the trust property ~+eing heW for such minor to said minor s personal reprexntatives, absolutely. 2. I rdern unW my~lf the power and risht (1) to plaoe a mo~a~e or ot6er lien uP~ ~ P~~Y. (2) W collect any rcntai or other inaome whicb may aocrue from t6e trust property and. in my sde discrction ~ trustee. eiWer to accumulate such income a~ an addition w the tnut assets being hdd 6ereunder or pay such inoome to myself as an individual. 3. I reserve unto myxlf the power and right at any time during my lifetime to amend or revoi~e in whole or in part the trust hereby created without the necessity of obtaining tAe consent of any beneficiary and without giving notice to any beneficiary. The sak or oiher disposition by me of the whok or any part of the properly heW hereunder shall constitute as to such whole w part a revocatan ot this trust. - 4. The death during my lifetime, or in a common r.ccident or disuter with me, of all of the bene6ciaries daignated hercunder shall revoke such designation, and in the formcr event, 1 reserve the ri~ht to daignate new beneficiaries. Shauld I tor any reason fail to designate such new beneficiaries, this trust shall terminate upon my death and the trust property shall rcvert to my estate. S. In the event of my death or legal incapacity. 1 hereby nominate and appoint as Successor Trustee hercunder the beneficiary fint above named, unless such beneficiary be a minor or kgally incompetent, in which event I hereby eominate and appoint u Successor Trustee hercunde~ the beneficiary whose name appean second abova If such beneficiary named second above shall be a minor or kgally inrnmpetent. n 1 nomi nd appoint as Succ Trustee hercu~der: ~ ( N8Ii1t ~ (Address) 8 Del Prado~ Snanish I.akes Fort Pi~; FLridg_ Number Street City State 6. This Declaration of Trust shalt extend to and be binding upon the hein. executors, administraton and assigns of the under- ' signed and upon the Successors to the Trustee. 7. The Trustee and his successon shall serve without bond. 8. This Declaration of Trust.shall be construed and rnforccd in accordance with the laws of the State of Fi.(~Ril]A f i i • ~ i ~ IN WITNESS WHEREOF 1 have hereunto set my hand and seal this 26th day of june 19Z. /~l , , (si n he~e) -l~ % ~ ~ t ~~~C ~ .S. ; ~ / ~ Wimess: (1) ~ ~ ~ ~ Witness: (2) c ~ ~ . ~ . State of FLORIDA ss: _ Cpppt~r at ~T ~ T.TT('.TE . ~ ~ pa ~he ?~th day of j~1nP , ninetcen hundred and seventv-two , ` befon me came WALTER M_ FREDRICK ~ known to me W~_ ~dividual described in.~and who executed the foregoing instrument. aad _he acknowledged ~ ~ that _he ex ,;f~mq and in due form of law acknowledge the foregoing instrument to be free act . ~ a~d doed ',"':ss~e mig6t be recurded as such. ' ~ r ~ ^ • . s ~ _ _ . ~t~totary seafl_ ' ' ~ ~ - _ " - ~ Notary Public ~ ~ - _ ~ iar rnuc. fiA(E . . _ COMMI~pN ~R~Wr~.ui ~ ~ ~{~s~ ~~"1 84~K~t/J ?At•:~ ~:*•~~o~~. ; - - ~ - ~;,~~,~~.+..-~~'~Er ~ ,r~ ~ 4 8s, d? :r ~•,"'s°~~''s-• ~ ~Ss ' ~ _ . _ . . . - . . ..~._~k.'~... ~_3 . , . _ .