HomeMy WebLinkAbout0234 . 77 4~3CP
intangible, received by it hereunder.
~ (3) My Trustee shall have the power, with respect
to the property of the Trust~estate, or any part thereof, upon such
terms or in such manner as it may deem advisable, to sell, convey,
exchange, convert, improve, repair, manage or control; to lease for
terms within or beyond the term of this Trust and for any purposes
including exploration for and removal of gas, oil, and other .
minerals; to borrow money for any Trust purpose, and to encumber or ~
hypothecate by mortgage, deed of Trust, pledge or otherwise; to ~
carry insurance of such kinds and such amounts as the Trustee may
deem advisable, at the expense of the Trust, to compromise or other-
wise adjust any claims against or in favor of the Trust; to commence
or defend such litigation with respect to the Trust or any property
of the Trust estate as it may deem advisable, at the expense of the
Trust; to invest and reinvest the Trust funds in such property as
the Trustee may deem advisable, whether or not of the character
permitted hy law for the investment of Trust funds; and with respect
to securities held in Trust, to vote, give proxies and pay
assessments and other charges, to participate in foreclosures,
reorganizations, consolidations, mergers and liquidations, an inci-
dent thereto to deposit securities with and transfer title to any
protective or other committee upon such terms as the Trustee may deem
advisable and to exercise or sell stock subscription or conversion.
rights; and the Trustee sha11 have such additional powers as may
now or hereafter be conferred upon it by law as may be necessary to
enable the Trustee to administer this Trust in accordance with the
provisions of this Will, subject to any limitations thereof that
may be provided for herein.
(4) All taxes, assessments, fees, charges and other
expenses incurred by the Trustee in the administration or protection !
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