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HomeMy WebLinkAbout2449 i ' • • ' • • ~ iq 31~ holding the property upon which such lease is to be made. The ~ foregoiny s,t~~ll include, without limitation, sales or excha ~ nges on credit, ,laith or~ wi~hout security. III. ~ Except with respect to the annuity trust created under Article FOURTti, to borrow money for any purpose in connection with the administration of my estate (whether from themselves or from any other source) and to continue or renew any loan made to me in my lifetime, or to my executors or .trustees, and in connec- tion there~~uith to mortgage, pledge or otherwise encumber any property forming part of my estate upon any terms and conditions, in any amount, and for any period of time, even if for longer than the probable duration of the administration of my estate or , of the trust holding the same. i IV. Exce~t~with respect to the annuity trust created under Article ~'~URTfi, to lend any part of my estate (or to extend the ~time of payment of any indebtedness owed to me at the time of my • death), with or without security, in any amount, upon any terms ~ and conditions, at any reasonable rate of interest, for any ' period oF time, even if for longer than the probable duration of i , ~ the administration of my estate or of any trust holding the same, E ~ ancl to any person, firm or corporation... , i . i V. To improve or re~air any real property coming into tlieir hands at any time and to build and rebuild thereon. The I 5 cost of any building or improvement having a usable life in ~ . ~ excess of one year shall be paid in t}~e first instance entirely ~ ~ out of ~rincipal. L•'xcept with respect to the annuity trust ~ ~ ~ crea~ted under l~rticle FOURTN and the ;iarital Trust created under ~ Article FIF`I'[!, my executors and trustees may, with respect to any ~ ~ building which I,owned at the time of my cl~ath or any building or ~ ~ ~~ermanent im~~rovement which they thereafter acquire, make or ~ ; ~ ~ j . 3 ~ ' ~ _ ~ ~ _ ~ • r BEACH REF Z 8 4 3~AGE~ 9 i . . ~ . . . • J.. ' ° ~ , 4 ~ E oR~ ~i1 Fatif 2447 ~ ~ .