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APPOINTMENT Or TRUSTEE
238 1
WH::REAS, Harris Trust and Savings eank of Chicago,
Cook County, Illinois (hereafter called "Trustee") is the duly
qualitied and acting Trustee of the James R. Ketchem Insurance
Trust Dated January 21, 1967 (hereafter called "Trust Agreement");
and •
WHEREAS, the assets of the James R. Ketchem Insurance
T=ust dated January 21, 1967 include the real estate in St. Lucie
County, Florida as hereinafter described; and .
WHEREAS, the Trustee is unable to act as trustee with
respect to the above described real estate under the latas of
the State of Florida; and
WHEREAS, paragraph 6.18 of ARTICLE SIX of the Trust
Agreement provides:
"6.18 If the trustee is unable to act as trustee
with respect to any real estate located outside the
State of Illinois it may appoint another individual
or corporation to act as trustee with respect to such ~
' • property, without order of court. Such appoznted
trustee shall have all the powers and discretions
~i with respect to such property as are herein aiven
to the appointing trustee with respsct to the re-
maining trust asssts. The appointing trustee may r~-
- move such appointed trustee and apnoint another unon
ten (10) days' notice in writing. I~ such property
is sold, exchanged or otherwise disposed of, the
proceeds ther,eof shall be remitted to the a;opointing
trustee to be held and administered by it as trustee
hereunder. Such appointed trustee may employ the .
appointing trustee as agent in the administration
of such property. No surety shall be required on
the bond of any trustee or agent acting under the
provisions of this paragraph. No periodic court
accounting shall be required of ~uch appointed trustee,
-it being my intention to excuse any statutory accouating
which may ordinarily be rsquired. Such appointec~
trustee shall, however, send semiannual statements
to the beneficiaries and to the appointing trustee.
~ NOW, THEREFORE, The Trustee, Harris Trust and Savings !
~
~ Bank, hereby appoints John S. Dunhill as trustee of. the foll~wing
described real estate situated in St. Lucie County, Fl~rida;
Lots 15 and I6, Block 335 Po~t St. Lucie Section
s 24, a Subc3ivision accordina to the Plat thereof as
recorded in Plat sook 13, Page 3] of the Public
Records of St. Lucie County, F'loci.da.
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