HomeMy WebLinkAbout0620 ' ~ 7~ 1_'7~
b. That the said Truatee, as soon ar~ praatlcable, shall
convert all of the assets tranaferred to thia Truat conaisti~g
of: a. Sun bank of St. Lucie CounLy Florida Certificate c~~' ~
Depoait NSM 1855 for ;40,000.00.
b. Dade Federal Savings and Loan Association Savings
Certificate N OS-3-002565-7 for =20,000.00. ~
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c. Firat Federal Savings and L~an Association of/~~
ori ional S20 0~0.00
~ Savings Certiticate A~41.-0065337-7 for .
origional certificate
d. Chase Federal Savings a / G18960 in the a~nount of
$20~000.00
Borids
into 8 3/8 United States (3overnment ~ due in the year 1997-
2000. The purpose of the requirement is to guaran~ee the utmost
security for the investments oP this Trust in order to carry out -
the wishes of Dr. Lester Lee Whiddon. -
_ 7. The incame reserved to the respective beneficiary of
this Trust shall not be sub~ect to anticipation or to pledge,
assignment, sale or transfer in any a~anner nor shall any
beneficiary have poMer in any manner to charge or encumber such
interest, Mhether such liabilities arise from his debts, contrgct,
_ torts, or other engagements of any type.
8. No principal or income payable or to become payable
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in this Trust shall be sub~ect to anticipation or assignment by
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j any beneficiary thereof, or to attachment by or to the inter-
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~ ference or control or any creditor of any such beneficiary or to
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~ be taken or reached by anq legal or equitable pro~ess in
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~ sat~,sfaction of any debt or liability of such benePiciary prior
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~ to its actual receipt by the beneficiary. ~ '
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~ 9. The Trustee, named above, shall not be required to
~ furnish bond for the faithful performance of his duties as Truste
~ but any other successor Trustee shall be required to give bond
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~ as required by law. ~
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~ IN kITNESS WHEREOF I have hereunto set my hand and seal to ;
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~ this Declaration of Truat on the the y day of May,A.D. 1976.
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~ Mitne s•
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; PHILIP G. NOURSE . ' ,
~ ~,T70HNEY AT UW ` fjlc,i A4- 'EL'~~VE~
~ t33•A NottA fourth SI LU~~t yRA$`A Qj'~ • (jQn
~ Fo~c Pi~ru f~ot~da ~uRT
v' :.tlf. V! a'..f~~ Vtr
Y ~ .'et•'+ons (3051 461-1781 a~r ~C^ :1^~'
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