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HomeMy WebLinkAbout1995 ( . 1 ~ ' ' i . ~ r ~ ' i ~ k ~ ( _ . . • ~ . ARTICLE 5 ~ SETTLOR'S DEATH - G~FT TO SON (A) Upon the death o~ the Settlor, if the Settlor's son, ~ FRANK C. S~iITH, survives him there shall be distributed over to him, free from the trust, the_following described parcels of real estate: ~ g ~ARCEL 1 < Lots 1 and 2 and North 1/2 of Lot 3, Birds Addition ~ to.the Village of Birmingham in the County of Oakland . ~ • and State of Michigan, being part of the West 1/2 of ~ the Northwest l/4 of Section 36, Town 2 North, Range M 10 East, according to the plat thereof as recorde~ in o Liber 4, Page 1 of Plats, Oakland County Records, ~ more commonly known as Baldwin Manor Apartments. : . : " PARCEL 2 = Land situated in the City of Detroit, County of Wayne and State of Michigan described as Lots 197 and 198 : of Palmer Homes Subdivision No. 1 as recorded in M Liber 35, page 95 of Plats, Wayne County Records, mor - ; coimrtonly known as 17341-17345 Wyoming Avenue. : o : (B) .In the event either of these parcels are sold prior E • . ' _ ! ~ to the date of the proposed distribution, the proceeds therefrom ~ ri _ ~ Y plus any accrued income generated by the proceeds fram date of Y ~ : sale shall be distributed to the Settlor's son free of trust. If ~ _ ~ ~ the Settlorrs son is not then living this gift shall lapse. It r ~ ' is the intent of the Settl~x_that the aforesaid gift to his son r r ~ s ~ shall be undiminished by any estate or inheritance taxes that may be due and payable. . ~ - ~ ~ - ~ ~ ~ - ~~?~3 ~1~3 f. 5 I~ ~ - - . _ - - r~ ~w~N~ a 4~~-~,~ m ~~~°~""..~'.~.~~,`t"~~.~~~;~ - - .