HomeMy WebLinkAbout2156 H. Upon the sale of said property, or any part or parcel
thereof, as herin provided for~ the Trustees shall distribute to the.
respective Beneficiaries their share of the net proceeds, accordinq to
the interest of each Beneficiary, and the Trustees shall thereupon be
relieved from all obligations hereunder as to any property so sold.
I. The Trustees shall prepare data for all fiduciary reports
and submit annually to the Beneficiaries of the Trust.
J. The Trustees, in case of the death of any of the Beneficiaries,
are to order an inqui~y as to the heirship of the decedent.
K. The Trustees are to prepare and sxbmit a final report to the
Beneficiaries on termination of said Trus~.
L. The Trustees are to advise the Beneficiaries concerning
the zoning of the property or any re-zoning thereof.
M. The Trustees shall advise the Beneficiaries of any violation
of State Statutes or any ordinances affect~ng the land or buildings in-
volved in said Trust as may come to the attention of the Trustees.
N. The Trustees shall compel the Be~eficiaries of this trust
to furnish, pay for and keep in force in the name aid for the benefit of
the Trustees, such insurance (including, without limitation, workmen's
compensation, and public liability insurance) as the Trustees may at any
time request, in such companies, in such amounts and against such risks
and perils as may be specified by the Trustees, If the B~.neficiaries shall
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fail, neglect or refuse so to do, the Trustees shall obtain such insur-
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I ance, ahd the Beneficiaries jointly and severally agree to reimburse the
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Trustees for the•premium thereon.
~ O. In performance of duties as set forth under this Trust Agree-
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€ ment, the Trustees shall have the right to reasonably employ the services ~
~ of an attorney or attorneys and real estate appraisers and brokers.
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~ FOURTH: The objects~and purposes of this Trust shall be to hold
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~ title to the ~ove or any other trust property andin protect and conserve
~ it until its sale or other disposition or liquidation. The Trustees shall
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E not manage or operate the Trust property nor undertake any other activity
~ not strictly necessary to the attainment of the foregoing objects and
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