HomeMy WebLinkAbout2931 termination ahall only be effective when a certificate thereof
signed and acknowledged by a Trustee hereunder shall be re-
corded with the Registry of Deeds; and the Trust shall ter-
nina~e in any event twenty (20) years from the date~hereof.
In case of anv such termination, the Trustees shall transfer ~
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and convey th~ specific assets constituting the Trust Estate, f
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sub~ect to any leases, mort~ages, contracts or other encum-
" brances on the Trust Estate, to the benePiciaries as tenants ~
~ in common in proportion to their respective interests here-
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under.
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I; 5. Any Trustee hereander may resign by written ~
' instrument signed and acknowledged by such Trustee and
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recorded with the Registry of Deeds. Succeeding or
; additional Trustees may be appointed or any Trustee re-
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moved by an instrurnent or instruments in writin~ signed
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' by the benefici2ries, provided 1n each case that such
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instrument or instruments or a certificate by any Trustee
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s naming the Trustee or Trustees appointed or removed, and t
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in the case of any appointment the acceptance in writinq
by the Trustee or firustees appo3nted, shall be recorded
;
' with the Reg3str~ of Deeds. Upon the appointment of any
succee3ing Trustee, the title to the Trust Estate shall
~hereupon and without the necessity of an,y conveyance ~
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~ :r ~ ~~3 F~ ~E 29~1
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