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HomeMy WebLinkAbout2496 the time af my death includes the following described real property, Lot 8, Block 774, PORT LUCIE SUBDIVISION, St. Lucie County, Florida, ~ then in that event, my Trustees shall convey by quit-claim deed title to said property to THE FLORIDA FIDERATION OF THE THE090- PHICAL SOCIETY IN AMERICA, provided that said organization is in existence at the time of distribution. E. The remaining corpus and undistributed net income of the Trust Estate shall be disposed of by my Trustees in the following ma~rier : . 1. If my beloved sister, MAUD MARSHALL survives me, then my Trustee shall pay one-third of the residuary estate to my said beloved sister., In this event, my Trustee shall divide the re- . maining two-thirds of the residuary trust estate among my nieces . and nephews who survive me, to wit, CHARLES W. BOYE, RUTH BOYE POLE, and MAUDE B. PACE, equally, and pay to each their propor- tionate share outright. 2. If my said beloved sister, MAUD MARSHALL, predeceases me, then my Trustee shall divide the remaining corpus and undis- tributed net income of the Trust Estate equally among my beloved I; nieces and nephews, CHARLES W. BOYE, RUTH BOYE POLE, and MAUDE B. ~ ~ PACE, equally, and pay to each their proportionate share outright. i ARTICLE IV. ~ ~ ~ In the administration of the Trust, my Trustee shall have the following powers, all of which shall be exercised in a ~ fiduciary capacity, primarily in the best interest of the Grantor: ~ A. To hold any or all of the Trust Estate in the form of ~ ~ ~ investment in which received. ~ - B. To sell at public or private sale, to mortgage, pledge, ~ ~ or hypothecate, or to exchange or lease (including lease for a ~ period extending beyond the term of this Trust}, any stocks, notes, ~ ~ ~ securities, real estate, minerals, and other trust property, upon ~ ~ ~ _ ~ ~ -3- 800K~Ot~ PACf~~~ ; _ ii ~ ~ -~Y ° r ~ - ~ e+'.,q.e;x.~,;i.. P . . . ~ _ . % , _