HomeMy WebLinkAbout0092 (6) To exchan~e prope .ri;~es oi' '1'itU;;T A 1•~;.• j,r~operties of like ~
value of. TRUST B fiereinafLer estll~i I.;~ ~3nd to p~~rehase
property of either of these L-ru;~t, t•i~~m the ol:her. The
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values of the triast rroperties ~o ~•-~?~~in~~ec~ or so rt:r- +
chased Uhall be deL-ermined by the ,-•••,:~t-~~ znd such t~alue~ !
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shall be conclusive; ~o borrow frori to ]en~' noney t~ '
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TRUST B under such terms a; the L:•i~,- ~~:•c~ mz~; d~tc~rmi ne ,
(7) To continue to hold and to l:ecp in ~c~r~~c t~y the payment
of nremi.ums any life insurance conr~~•:;-t~ pa~sin; into my
e~tate; to recei~?e the proceed~ 1±~'~ insurance.
To have respect~n~ secz~rit:~e^ ~11 t~~e rit~hts, powers and
privileMes of an orrner, in^2t:di t~:e poc•rer to pay assess- ,
merits and other sums de~~i~~~-~ ~he trustee necessary for
the protection of the tru~t estate; to part3cipate in vot-
ing trusts, poolin~ agreeMents, foreclosures, reorgani~a- ;
tions, consolidations, mer~ers anc? liq~aidations, and in
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connection therec:ith to deposit sec~riLies v~ith and trans- Y
fer tltle to any protective or other com~nittee under such ~
terms as the trustee may deem advisable; ~o exerci.se or
sell stock subscrip~ion or corn*ersion ri~hts; to accept
and retain as an investment any sec~~rities or other pro-
pert~ received throuoh the exercise of any oF the fore-
goin~ poc•iers, re~;ardless of any lim:itations elsewhere in
this instrument relative to in•~es~~ents by the trL~stee.
(9) Upon any division or partial or fir.al disCribution of the
trust estate, to nartition, allot and distribute the
trust estate in undiv3ded interests or in kind, or partly
in monef and oartl;~ in l:ind, at va?uations determined by ~
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the trustee, and ~;o se21 scich oroney~y as the trus~ee r~ay ;
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deem neces~~ r;r t~ ~zl~e ciivision o: aistr~ht?tion. ~
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(10) io bt~d~et t'.:e ~~~'_,;:~i:ecl ar.nz:al irec•:::. :nc~ e;:^en~~s of ~t:~ '
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trus ~ ~n suc:~ ,;.~;i::~~~: zs to e~ual i_:,e, a~ ~ ar a~ praet~ ca~?_e, ~
~c^iod~cal inco~:~~ r,a~mcnts to bene: wci.aries . ~
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