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HomeMy WebLinkAbout1240 ! I . ~ . ~ i or re air ropei•t de~troyed or dama~od by Yire, ~~orn, ilood i P P Y . or ot:nerr:i3o; to ir.sure 3gain3t lo3s by ~ire or othor caeualty snd to insure against liability and any and all othQr ri9ke; to sub3ivide a.nd plot a~y 9uch real property; to lay out aad to dedicate etreeta, ways and public piaces, witi~i uz 'riii.Iluu~ i compensation; to $quare linea and to adiust boundaries, to ~ convert Yor a di~Yerent u~e or uaes, to grant ease~.onts, to . ~ waive gayment tor property taken by right oY enine.nt doaa.in, to in~ure or perfect title, and to charge the eoat oP any sation taken ~cith regard to any such property to principal or income as ~hey may deem advisable; to make partition or enter into any ~ a~aement oY partition oY ax~y real property, even though a ~iduciary or other person or pergon9 interested in any trust hereunder maf hold an intere~t in the'same property in his or her own right or in some otiier capacity, and to give or inveet other rro~;erty Por e~uality of partition. . . (8) To permit an,y person ~aving ~.ny inte:ost in the income oY a trust created herein to occupy real property ror~ing t , ~:art o~ the princi~al oP sucn trust, vrithout paying rent thereYot, E ~;..~3 upon :~ucn terr.i~ and conditi~n~ as tney may deter~ine to be + F ~ ~ust s~d equita3le. ~ ~ C9) To reduce tne in~erest rate on a.~y ~ortgage held ~ ar:y ~rtist created harein, to ~oreclose, extend, aubordinate, ' ~ ~ wodi~y, as3ign, settla, co~promise or discharge ar~,~ ~uch :~ortgage, to consent to ~he moditication or releasa c: the ~ ~ ~ ~ ~ ~;:~r~ty ci a~y such nortgage and to continue any s~:c:~ nortga~e ~ ~ ~ ~ uro~ or after maturity ~vith or without renewa~ or e~tanaian and ; ~ ~ ~:;i;.hou~ reYerence to tne value o~ the mortgage security at the ~ ~ ~ ~ ;,~~e of a.~~ aucn act; to ac~uire and to retain as a pro~er ~ ~nve~t~e~t, wheti~er or n~t otherwise authorizad by iativ or by ~ ~ . - 25 - ; ~ ~ ~ ~ r: ~ FF _ ~..t ~ Boox210 Q~~Ei2~38 ~ 3 ~ ~ ~ _ _ ~ : _ ~ 1.:`.a'3 ~,._v.-.~, . ~~~~~+r~i'J~~~~