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HomeMy WebLinkAbout0947 . f f I ~ I _ ~ ~ ~'I ) h thc Successur Trustee shall hoW tAe trust assets ie con~inuin~ trust until such beneficiary attains the a~e ot t~ventyone yean. Duri~~ swh ptrN~1 ut cuntinuin= trust the Successor Trustee, in his abwlute discretion, mar rctain the specific aust property he~eio described . if Ae Nelieres it in the t+est it?tctest pt the beneficiary so to do, or he may ~ell or otherwise d'npose ot such specific trust propcny. `j\ , inratin~ arn! reinvestin~ the~ proteeds u Ae may deem appr~ptiue. If the specific ttust prc,:.:ty shall be Qroductive of income or iE . ~ it l+r soW or uthenvise disposed ot, the Suecessor Tcustee may apply or expend sny or alt of the income or prine~~+~ directly tor the maintensnce, education aod suppwt ot the minor beneficiary without the intervention ot any ~uardian and without application to any ~ court. Such payments of income or principal may be made to tAe parents of such minor or to the puson with whom the minor is livin` wiihout any liasility upon the Succeswr Ttusta to xe to the application thereof. lf any such minor survives me but dia J ~ fare the s~e ot twentr~one rcan. at his or her death the Succeuw Trustee shall deliver. pay over, tnnsfer and distribute the tcust property bein= held tor such minor to said minor i penonal repreuotatives, aDsolutely. v 2. I raarve unto m~elt the power aod risht (1) to plaos s mortp~e a otha Um upon the PropertY. (2) to collect a~y rantal or other inoome w6ks maY ac~rua irom tbs tr~t property and. ia my fole di~eretion a~ tru~tee, sither to accumulate ~c6 income u as addition to t~ huu w~ss bdo~ bdd beramder or pay wch iaoonie to my~eK ~s an i~di~?idwl. ` •J ~ ' \ I' ~ ~ 3. I raerve nnw myxl~ tbe po~wer aod ~ht at any tim~ darin~ my litatime W amead or revoka in wt?ok or in part tLe vuu hereby ~ ~•y crated wdtLout the neoeaity ot obtainio= We aomeat oE my beuebciacy aad w~ithout ~ivin~ aotice to any bene6ciary. but no wch ~ ameadioent or revocatioa shall be eQective unleu aod unt~ it is Slsd in tbe laad raords. Tbe sale or other disposition by me of t6e vo ~~~vhok o~ aay part ot tbe property ~Lall oaostitute as to wch wbole or put a nvocation of tbis tnut. r~ e, The duth du~in~ my lifctime. or in a eommon accidrnt or dissster with me. of all ol the beneficiaries daip~ated hereunder ~ ~hall reroke wch daisnuion. snd in the former eveot I reserve the ri~ht to dai~nate new beeefxiuia. Should i for any reason tail t~ dai~nate wch new beneAcis~ies. thu trust ~Aall termieate upon my death and tAs trwt ~operty shall revert a mr aute. 3. In the event o[ my desth or Itpl incapaeity. I lyerebr nominate and ~ppoint as Suecessor Trustee bereundcr the bene![ciar; , fint sbovs named. unles~ such benefkiary bs a minor or kqlly incompeten~ in which event I hercby nominate and sppoiet as ~ Succasor Trustee henumicr the beneAciary whose eame appein second abave. It wch beneli:iaryr namcd second above sh~11 be a mino~ or kplly incompetent, then I naninate and appoint as Successor Trustce hereu~der: , cx,,,,~~ ~.v.r Dc.v~se ~-',,~enr ~A~~~ ~BS' Sa~+rdv8 ~Ca~?e L?esf ~a/.,~ Bcac~i ~/orrda Number Street City Sate - ~ 6. Tha Declantion ot Trust shall extend to and be bindin` upon the heirs. esautors. ~dministraton and sssigns of the uRder- sifned and upon tAe Succwon to tAe Trustee. 7. ~M Trusta and his wcccuon shall xrre without bond. E. ?ha Deelantion ot Trwt shall be construed snd entorced in accordance with the laws ot the State ot F~~~.~- i ~ 1N WITNESS WHEREOF I hsve hereunto set my hand and ual this day of v ? 19~ - (stpt hat) .S. Wimeu: (i f ~EO Ahe ~ECOROEO , ~ ~ i~. ~uc+E cou?+TY fu?. ` ~ ROCE : POIYRAS (2, `F.Er.oR~YEF F EO CO~...~~. -~~f~ ~ f 35G~2~ ~ No~ tt 1 os PM'~6 ~ 1~ ~ ~ rti~ _ pa t~ f~~1 ~.y nt ,N v I~ ' ~ nineteen hundred ana e^/.7'~'L- 'S?~ betore ~e.,r~tia~a:: ~~1~r~~//a Y~ Shacke,-Forc~ knoan tQ:~to be tt~"~dividual described in, aad who executed the foregoing insuument, and ~h acknowlcdged tbat~hp~+eitecuted-tD~.wae~ a~ in due form of law acknowledge the foregoin~ ir.strumeat to be e' free act aad de~d and.de~ired:t~e"saaoe mi~ht be recurded as wch. : , - . - ~ - ~ ~ / ~?o~.~?,~l~ ; ~ , G - - - ~ - , : - . ..A . ~ ,~bU ~4. ~ n o,~,., ~ y~ _ • - 800K FAG~ ~ ~ ~