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HomeMy WebLinkAbout1974 vetoing proposed investment or reinvestments, or to reacquire or exchange any property of the Trusts by substituting other property of an equivalent value. None of the income or principal of this Trust may be used directly or indirectly to pay the debts of the Donor or any expenses of the Donor's estate. RI. In the event the Donor becomes physically or mentally disabled or for any reason fails to serve as Co-Trustee; ' thea in such event the son of the Donor, FRANK L. PURP~JRA, JR., shall serve as Co-Trustee;and if for any reason he should fail to serve, then in such event the daughter of the Donor, VICKI PURPURA GRIFFIN, shall serve as Co-Trustee; and if she for any reason she fails to serve as Co-Trustee, then in such event the daughter of th~ Donor, TERRY P'URPURA~ sh~l~. serve as Co-Trustee, prov.iding he be twenty-one (21) years of age. In the event that neither FRANH L. P'URP'URA, JR., VICKI PURPURA GRIFFIN or TERRY PURPURA hall serve as Co-Trustee, then in such event THE FLORIDA NATIONAL AT ORLANDO shall serve as Sole Trustee. In the event that the Donor sha.ll become physically or entally disabled in the opinion of the Corporate Trustee and n the opinion of the physician attending the Donor, then in such i a vent the Corporate Trustee, upon receiving in writing an opinion , y said attending physician that said Donor is physically or entally incapacitated, shall proceed to exercise all of the owers of the Trustees hereunder. The Trustee shall from the ncome and principal of said Trust care for the maintenance, upport, medical attention, hospitalization, nursing home care, nd any and a.ll other needs of the Donor; likewise the Trustee 's authorized to file any and all necessary tax returns, state, ederal or others, in behalf of the Donor, and to pay the taxes ue out of the assets of said Trust. ~rther, in the event of the 'ncapacity, physical or mental, of the Donor, the Trustee shall ikewise expend such sums from the~income and principal of said state to care for DAISY C. ALBRITTON, the Donor's mother, as rovided for in paragraph VIII, A, of this Trust, and shall likewis , ut of the income and principal of said Trust estate, care for the other-in-law of the Donor, MARY C. PURPURA, as provided for in ,,,~,~,K~, aragraph VIII, B, of this Trust; it being the Donor's intention AarOLD. MATMEIIY ! EAGA11 . OIIl/1110p. ILO~IpA -17- . e(f~ ~ PAC~~~ - F : ~ ~ : ~ ~ - - - - - - - - ; ~b~~ ~~z _ ~ =