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HomeMy WebLinkAbout1103 s 79 ~ 198 as tenants by the entirety, or otherwise. THIRTEENTH: I name THE FIRST NATIONAL BANK AND TRUST COMPANY OF STUART, Stuart,•Florida, as Trustee of the Trust created . in and by this Will and as Executor of this Will. FOURTEENTH: I hereby waive compliance by my Trustee or its successor with the provisions of Chapter 737, Florida Statutes as it now exists or as it may hereafter be amended, and I further waive . compliance with any other law now or hereafter in effect requiring qualification, administration, or filing of accountings by my Trustee to any Court.- ~ ' My Trustee, or its successor, shall have all the rights, duties,-powers and responsibilities granted to testamentary Trustees, under. the Uniform Principal and Income Law, Chapter 690, Florida Sta- tutes, as those Statutes presently exist and as they may be amended from time to time. FIFT$BNTH: My Executor and my Trustee are empowered to do all things necessary or convenient -for the-orderly and efficient administration of my estate and the Trusts created by this Will, and generally to have, manage and control my said estate and Trusts as fully as I might, if living, do. myself with respect to my own property -without limiting the general grant of power by the following enumera- . tion, my Executor and Trustee, or any substitute or successor, sriall have the following rights, powers and discretions without obtaining Court permission or approval: ~ (a) To receive, hold, maintain, administer, collect, invest and reinvest said estate and Trust estate, and collect and apply the income, profits, and principal thereof pursuant to the terms of this , instrument; f g (b) To compromise, settle or abandon claims in favor of or against my estate or Trust estate; ~ (c) To sell, mortgage, pledge, lease or convey real or personal property, for such prices, for such purposes, in such manner, publicly or privately, without notice to anyone, and upon such terms . and conditions as may appear to be proper, and to execute all instruments necessary to effect the authority herein granted; 3 (d) To borrow money upon such terms and conditions as may appear to be proper;. ~ e: F~ S. Alan ore a k a Samuel Alan refield . o p 308 ~acE11Q3 ~ _4_ 9001( 4.._ _ _ - y~ _ - ~ -