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complied with, or be obliged to inquire into the necessity or expediency of f
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any act of the Trustee, or be obliged or privileged to inquire into any of the ~
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terms of the Trust Agreement or Declaration of Trust; and every deed, trust i
deed, mortgage, lease or other instrument executed by Trustee in relation to `
; the real estate shall be conclusive evidence in favor of every person relying
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upon or claiming under any such conveyance, lease or other instrument (a) ~
. that at the time of its delivery the trust created by this Indenture and by the ~
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Trust Agreement and Declaration of Trust was in full force and effect, (b) ~
~ that such conveyance or other instrument was executed in accorciance with ~
the trusts, conditions and limitations contained in this Indenture and in the
Trust Agreement and Declaration of Trust and is binding upon all beneficiarie~
under such instruments, (c) that Trustee was duly authorized and empowered :
to execute and deliver every such deed, trust deed, lease, mortgage or ~
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other instrument and (d) if the conveyance is made to a successor or ' ~
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successors in trust, that such successor or successors in trust have been ~
appointed properly and vested fully with all the ritle, estate, rights, powers,
duties and obligations of the predecessor in trust,
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Any contract, obligation or indebtedness incurred or entered into ;
by the Trustee in connection with the real estate may be entered into by him s
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in the name of the then beneficiaries under the Trust Agreement and Declara- :
tion of Trust, as their attorney-in-fact, by this Deed irrevocably appointed
for such purpose, or, at the election of Trustee, in his own name as Trustee ,
of an express trust and not individually and Trustee shall have no obligation
whatsoever with respect to any such contract, obligation or indebt edness
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except only so far as the trust property and funds in the actual possession of -
Trustee shall be applicable for its payment and discharge, and all persans
and corporations whomsoever and whatsoever shall be charged with notice ~
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of this condition from the date of the filing for record of this Deed. ;
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The interest of each and every beneficiary under this Deed and ~
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' under the Trust Agreement and Declaration of Trust referred to previousl~ ~
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~ and of all persons claiming under them or any of them shall be only in the
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! Smith, Heath, Smith 8 O'Haire, Attorneys At Law, P. O. Box 518, Vero Beach, Ftorida 32960
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