HomeMy WebLinkAbout0504 1 -
The TTVateaa have, !n the QTd@t above nae?~d. ir: addition ~o thase pover~r
actssrall' aoss:esed b~ lru~ate~~. rithout liaitstlen. tt+e follovin~ pc~vetrs snd .
discretion~; -
1. Tr ael.l, tssnaf~r, conva~, mort~a~te, axch~a~t~: lsetir, ole~~te. sell on
crecEit: buy on credit. i:~vRS[, re3av~+st, e~?ev~rt. reconvert} tt:e v2~ole ot a~y
gortioa of the ttu~t estate in any klnd ot prop~st~. prt~onal oT Tral. and to
exarcisc anp :nd all rights oi ownership ot sny polieias; con=racta. asaet~: or
otlz~c psanartp of a:~y kfnd vt:i~h is a part of th~.~ ~'ruat.
2. To ex~cuta vt~atsoevar da~~Is, contracts or ot~er dacws~eats ae ~?ay b~ proger
or aecesssry to carry out th~ ~uT;~osas oi thi9 ?ru~t:
3. T~ rote~ in person or by 7rox~?. vith resgect to aA~ and s21 securiti~s, ta
exercise or ~seil o~tioaa. conversio~ vrivilep~ee, or rig!~ts to snhscrit?P tor addi-~
tionsl ~ecurities. and to ue?kr. pw~ents t~+e~rator." ~0 4aver ieauec~ an~ hold unr~g-
- ist~red. oz in tbe n~e oi t`~~ Ttuat. ot a nosinee~. s~curitiea or other prap~rrt!r
reRulring ar veraitting such ragistTRtion. and to de~ostt steck aa~ other
s~carities +sndes reor~snlsatioas coaaol~d~tion or +~r~ter pl~n~.
4. io Yetatu +asaeCS ~tec~ivRd fTOS ~rentor dircctly. ar fro~ Grsatof's eet~te.
oven thou~i~ such it~ may not be aliAible ttader th* lsv as a irust inve~te~cr.t,_
and Truai~a shsll not ba held 11able for ar~? less os die~inutic+n in ~~lue b~caue~?
ot ~uch retentian ot ~n~ suc~ a~set+s. .
~ S. '~o araaaRs. ~aint~in 4nd ;+trot~ct anf ot ttu asscts o! tnR tru~~ salate -
accordir+F to th• a~ture oi the ~asots ead th: trades i~volved.
~
i
Ta ap~oint ~r c~lo~ suc'~ peY=ons, a~arts. attornays. ~cGC+u~tsr,ta, or -
othars as m,~y b• appro~+tiat~e in eoan~etien vit~ t4s aana~e?~ent. gYe~ett?AtiOtr and
ad~inigtratlan _of the "'s~ttst, atsd to pay tre~sonsble selaries_ f.e.ee Rn~ QX~8A62F
thPrefor. and to p~y reasenable ~oe~pen~tian a~tl axp~na~s of Tsuste~.- .
7; T:~e di~cretion ot the 'ftvste~ ~ivea io tt~is Truat, v~c•.e ez~r~i~Qd in goed ~
taitb. sh~12 nat b~ s~rvie4+~d b~ sny p~rsoa ~n sey trihunwl.
8. 4'he successloe o~ trusteas ~h+~12 he coapl~te upoa tbc fil i~~_ vf th tt~e
succcaso~r truatee of:_vri~t~:ti te3igaation- or deat~ cRrtiticat~ or doctor's
certificate ot u diaebil~ty vhictt ~rohihitn the~ ecti~g trus~ee ~ftve~ disct~xrRin~
his ~ntiQS x+e ?ruatQn.
9. *~rantor rsserven the ri.~e~c to a~eeqd or t~vo'.s thia TTUSt.
~ Thi• ?rust ahe21 res~ai~ in [aIl torca and s[iect until nat~~c ot rwvr.cattc~n
~ ot arend~nt there~of is filed nith the P.o~tistar o[ Reed~ ot t~?~ Coustity !n ~t~icl~
real ~estate e~mad by the Trust is sitwted..
~
~ Ey ttae executi4a ~seraoi~ Ttusie• heteby •ee:pts th~ ~rust ~erehY crcited.
,
~~287 ~ ~
- ~ : ~ ~ ~ - - - - ~ { -
- ~ '
_