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HomeMy WebLinkAbout2932 be vested in said succeedin~ Trustee ~ointly with the remaining Trustee or Trustees, if any. Each succeeding Trustee shall have all the rights, powers, authority and privileg°s as if naned as an original T.us~ez he~eunder. No Trustee sra?1 bP require3 to ~ur~js~ bond. Tr~s Declaration of Trust may be amended from time to time by an instrument in writin~ si~ned by the beneficiaries j and acknoaledged by one or more of such Trustees or ~ i beneficiaries, provided in each case that the instruinent f - ~ of amendment or a certificate by any Trustee setting ~ r ~ forth the terms of such amendment shall be recorded ~ ~ with the Registry of-Deeds. ~ ~ 6. No trustee hereunder shall be liable for ~ ~ any error of ~udgment nor for any loss arising out of ~ i3 any act or omission in good faith, but shall be respon- ~ ~ sible only for his o•~rn willful~ breach of trust . No ~ license of court shall be requisite to the validity of any transact~on entered into by the Trustees. t1o pur- ~T chaser, transPeree, pledgee, mortgagee or other lender shall be under any liability to see to the application _ vi of the purchase mone~ or of any money or property loaned :r or delivered to any Trustee or to see that the terms and conditions of this Trust have been complied with. Everv ~ -6- ~ { ;~`3 r, c~ : ~ 223 P,AGE 27J2 a