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ttw claiiaa ot any ot ?~is or h~r cr~ditors o~ to judqao~nt, l~vy.
~rution, ~~qu~stratian. garni~hant, attaoh~nt, baakruptcy 3
or ot?~r iu~olv~vy prooNdinq~. or aAy oth~r ].~yal or ~quitablo i
proaas~. ~lothinq in tl~i• paragraph ~hall int~r~~r~ ~ith th~
ex~rciN o~ any riqht or paw~r r~~~rwd to th~ ~ttlor or ~
axpr~~~ly 91wn~ 2wr~in to th~ Trwt~ or way borwPiciary. .
D. T r P . Wo grant~~. purchas~r. ~
or oth~r p~rsoa d~aling _ r+i th~ Tru~tN whils th~ Tru~st.~~ ia ~
purporting~ to act in such capacity und~r any po+~r~r or authority
grant~d tha Tru~t~ h~r~in ns~d inquir• into t2w initial :
~xi~t~nc~ o~ facts upon which th~ purported pcya~r or authority j
8~p~nds or into th~ continuod oxi~t~no~ of Lh~ paw~r, t2r
~di~ncy of th~ trannaction, or t2~ pro~r applicatioA of tiu
proco~ds or oth~r consid~ration. ~
L. ~e Avainst Por.t~tuitis~. Sach trwtt croated
2zar~undsr shall in any •vent ~~rminat~ twenty-on~ ysar~ after
ths d~ath of tbo la~t surv~vor ot auch of tha beneficiariee
of •uch trust ao w~rre living npoA the dat.~ of th• craation of
that trwt a~d thsroupon tl~ prop~rty held in tbat trust shall
bs distribut~d, disaharyod of truat, to the bo~clsgicisry or
b~n~ficiari~s th~r~of.
F. Si~us of Truat. This Trust Aqr~ewent ha~ bs~n
accepted by th~ Truat.~~ in th~ 8tat~ of Florida, and 1t ahall
b• con~tru~cl and regalat~d aad all righta vnd~r it shall'b~
qovernsd by t2~a law~ oF that State.
a. F~~u:ncv
og_ piatrib~tiou af zncaue. Unlasr
othes~riss •p~cifically indicat~d usld~r ~ tsrma of this Trust,
any distributiwci of incou~ requirsd to bs mad~ un8~r anX trust
creatad h~rein ~hall b~ mad~ at timeo fixed by ths Trustes
but at least as o~ten ae quartsr-annually.
ARTICLS IX - DEFIb1ITI0NS
ir~hon~vsr u~ed in this Trust Aqro~nt, unleas the
context of any paaaag• ther~of roquire• ot2~erwise~
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; A. Th~ term "Settlar'~ r~fers to JOHN GEYSER and
~ MARGARET C . C3EYSSR.
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~ B. T'h~ torm "Trust~s" r~~ers to the sinqlo, mu~tiple
aad •ucc~oaor Truataoa who at any tim~ may be appointed and
acting in a fiduciary capacity uridsr the tezms af thi~
Aqroement.
C. Ths t~nu "Trust Batata" refera to the property
itemiz~d and do~crib~d in Sc??~dula "A" attached heroto, which
the Ssttlors ackno~ledye tYwy hav~ trans~erred, deliverad,
assign~d and convvyod to th• Trust~e, toqet2ysr with auch othsr
prop~rty that h~riafter n~ay be transferr~d, as~igned, conv~ysd,
b~qu~ath~d or dovio~d to tl~ Truat~~ by th~ 3ottlors or eny
ot2~er person, iacluding t2~s proc~ed~ fr~m any insurance policies
which are payable to the Truetee.
D. Ths t~rm "inco~" stuell mean net income after tho
payment of all trust admini~tration expensQa, trustaea' fea~,
~ti and taxes othmr than bonefieiary incoms taxas.
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go~K 214 ~J{ 2~56 ~
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