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HomeMy WebLinkAbout0224 . . ~ . ~ REVpCABLE TRUST AGREEMENT OF ANNA D. PAUSIN - Page Five schedule that is in effect at the time such compensation becomes payab le. ARTICLE IX - The Trustee shall have the riqht to resiqn at any ~ . time upon sixty (60) days written notice to all beneficiaries, and upon such resignation the Settlor shall•appoint a suc- cessor Trustee; and in the event of the failure, refusal or inability of the Settlor to do so, then the Trustee of the trust may secure the appointment of a successor corporate Trustee by a Court of competent jurisdiction. ARTICLE X During Settlor's lifetime, the Trustee shall submit ; an annual accounting of its administration of this trust ~ to the Settlor. After Settlor's death, the Trustee shall submit an an~ual accounting of its administration of this ~ trust to the beneficiaries. Such accounting shall show i all receipts and disbursements of the trust during the period ~ of the accounting and shall contain a statement of all as- ~ sets of the trust held at the end of such accounting period. ~ The failure of-a beneficiary or his legal representative to object to the Trustee in writinq within sixty (60) ~days after the accounting is submitted shall constitute the binding approval of such beneficiary. This agreement shall extend to and be binding upon_ the heirs, executors, administrators, legal representatives and successors respectively of the parties hereto. IN WITNESS WHEREOF, the Settlor and the Trustee have ~ M~q ~ executed and sealed this instrument. h ~ ~ ' / Signed, sealed and de- f i ~ livered in the presence of: ~ ~ ~ t U 1; ~sE~) Anna D. Pau in - S~lor ~ .l,~-.~~,.. ~ ~ ~ ~ ` As to Sett o " NEILL ORIFFIN JErFRIE4 i LLOYO E'n~ ~ PRl1L ~ CMARTEpED ~ . P O~ BOX ~270. FOltT PtERCE. iIORIDA 33450 - TELEPi~ONE (305) 46~-8200 S _ . . _ .`.'~a _'v :j~'~~~~~ ` ~Sz~ ,.~'+c_r : r. ' ~ ~."'a''~„~. y~` rc ~ <y °4~ . ' ~`v '"'i- "~---~'t . . .a,,. _.~~,~,~"~raa'~"`'~"~~'_.,':> ; _