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HomeMy WebLinkAbout1038 . 79 8 provision of this Will: 1. To invest, reinvest, and change the investments under th trust from time to ti.me and for that purpose and for any other 1 _ - ~ purpose of the trust without previous application to or subsequen rati.fication by any Court ~f Law, Equity or Probate, and for such consideration and on such terms as said Executor or Trustee shall ~ deem advisable, to sell at private or public sale, lease whether or not the terms of such lease shall or may extend beyond the dur ` i - [ ation of any trust, to borrow, mortgage, pledge, hypothecate, im- prove, subdivide, develop, grant, assign, convey, bargain, trans- fer, exchange and in any other manner conditionally or absolutely to dispose of_all or any part of the trust property whenever and ; k as often asit may deem it advisable or proper so to do, without ~ . i . , obligation on-the part of any purchaser or purchasers, or any oth ; , persons dealing with the Executor or Trustee, to see to the appli . cation of the purchase money or other consideration passing to th ~ Executor or Trustee. Said Executor or Trustee is also authorized ~ x .and empowered to execute, acknowledge, and deliver any and all instruments in writing, and to do any and all matters and things ~ . necessary, required or advisable to be done in connection with t ~ ~ performance of its duties hereunder. Said Executor or Trustee is f s hereby expressly auth~rized and empowered to invest and reinvest ~ S g the trust property in such securities, com~non and preferred stock ~ and other property, real or personal, or both, as in its judgment ~ it may deem desirable or suitable for the objects and purposes of ~ ~ ~ the.trusts herein, and the Executor and Trustee shall not be boun ~ by what is known as legal investments. ~ 2. To retain as investments under the trust such property, ~ real rsonal or mixed as may come in its hands in any manner ~ ~ ~ . Pe . ~ until.such time or times as said Executor or Trustee in its discr ~ tion shall deem it advisable and can dispose of the same regardle s ~ of whether or not such investments or property may be deemed eli- ~ gible f or trust fund investments. , ~ ~ 3. Said Executor or Trustee, while acting in good faith and ~ ~ . ~ CNARLES E. ~CHT exercising due care, shall not be liable or held responsible for ~ A ~TORNEY AT LAW : ~ 5T. LUCI[ COUNTY ~ ~ BANK BLDO. ~ ' ~ 1 ~ ~ v ~ ! ' ~ ~oR7 PIERC[. FLORIDA ~vv '~..1 ~ ~ Page 8 of 14 Page Will U R (M (~~Q : ~ . aCfK~Vl PASE~uW ~ ~ ~ ~ - _ ~r ~ { t ' ~ T ~ Ys ~ ~ ~ ~~~y . y, r _