HomeMy WebLinkAbout2461 in any mannor de~d in th~ baat int~rast of th• ttu~t involv~d,
r~qardinq it aa a whol.~, ~van tl~?ouqh c~rtain lav~atawnt~ considaz~d
alon~ might not oth~rrris~ b~ prop~r.
D. BaclrSc#~fl~.4.~ Con.YlL~...~4n P~,~~1 To
~rctoe sr?y optlon~, rights, and c+onv~s~ion privil~q~• pertaining
to any s~caritio~ h~ld by the Tru~tsa a~ truet a~a~ta.
~
g. R~c~iv A ditional Proc~~r,t,,,~,v. To receive additional ~
propezty from any source, fncluding the Personal R~pr~~sntatfv
of svttlor's ~~tat~ and the Trust~• or bsneliciary o! any oth~r
tru~t, by whamso~v~r cr~atsd, and to hold and administer thia
property a~ part v~ th~ Truat Sstats.
5~11 and I,~aos. To sell, eonvoy, grant options -
Lo purchass, l~as~, tru~st~r, ~xchanq~ or oth~r+io~ dispoN of
any trust assst on any t~rms d~~m~d advi~abls, to ~~ut~ and
deliv~r 8~~ds, l~a~~~, bills of sa1a, and othrr instruaMnt~ of
rrr.atavar charact~r, and to tak~ or cauae to b~ taken all
aetlon d4~wd n~csa~ary or prop~r in c~nt~ection thor~with.
G. Inaur~. To car~r~? any in~uranc~ cl~smsd adviaable
with any it~suror againot any hasards, includi.ng public liability.
and to us• insuranc~ proo~~ds to r~pair or r~plac~ th~ as~~t
inaured.
H. I.~nd. OA any t~ruts d~~d advfaabl~, to lend
tru~t fund~ to any borraw~r, including t?N P~rsor~a2 R~?pres~ntative
oP set~lor' ~ e~tate and the Truatee os bus~ficiary of any truat,
by ~?ho~as~o~v~r cr~at,~d, ar~d to chanQ~ ths t~rens of th~s~ loans.
This authorisation includ~• t2~ pa~rr to axt~nd th~m b~yond
maturity with or without renewal? and without rsqard to th~
exfetence or valw oE any ~acurity t~raPor, to facilitat~
payment th~reof, to cbange the intar~et rate ther~oF, and to
coYUant to the modification of ar~y quaratit~s r~latinq th~r~to.
I. orrow. To borraw W?iatever monoy ~he Truatu•
deama d~esirable for any trust on any tarma fraa ar~y lemler,
includinq the Trusteo an~d tt~ Per~onal R~pr~~~atative of
ssttlor•i estst~, and th~ TrustN or bsneficiary of uzy othsr
truit, by whan~oavor er~at~d, and to a~rtgag~, pl~dgs o~ other-
wi~e encua~ber as ~scurity any ass~t~ o~ th~ borrawiag trust. ~
J. ~~rm er Duration 4f O_
blia,atMio~,n. Zncici~snt to the
~xercis• of any pourar, to initiat~ or ahanqe the terms of col-
iection or of paym~nt o! a~ny cl~bt, a~curity, or other obliqation
oP or dut to tht ~ruat Batat~, upon any term• ~nd for any p~riod,
ir~cluding a period bsyond th~ duration or tha terminat3.on of
any ar all trwt~.
K. ~an;Q,~omis`Qr ,A~aando~at of C~ai,~a~s. upon
~hat~ver ttrms t?N Tru~te~ deams acivi,sabl~, to oomproa?ie~ ,
adjuat, arbitrat~, aua on, d~f~r~d, or oth~r~?i~e dsal. wft2~ any
clain?,a, including tax c~.aima, aqainst or in tavor of any
Cruatf to absridon any asast th~ Trust~~ d~m~ of no valu~ or of
inaufficient value to warra~nt kesping cr prot~ctinq; to refrain
from payinq tax~a, ao~~ssm~nta, or reats, and ~roca r~psiring or
maintaininq any a~sets and to per:nit ar~y asaQt to be loat by
tax sal~ or other proc~~ding.
L. D#~etribnti~on in Ca~,t~ or i~. To diatribut~
any aharaa in caoh or in kind, or partly in each, and the
Trust~a'• valuation~ of a~,~ts upon making distributio» shsll,
if ~aadEe in good faith, bs ~inal atld bindi»y on all bene~iciarie~.
3~~x 21~ 24~~
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