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16. To contract, on behalf of the trust, with any company, corporation, or
individual for services by either the company, corporation, or individual or by the
trustee or any designated agent.
17. To collect, in the name of the trust or if necessary, in the name of the
trustee or designated agent, any and all monies or property in kind due as the result of
services by any agent acting in behalf of said trust. If any monies so collected are
required to be collected in the name of the trustee or agent, the trust, through it's
trustee or beneficiaries,- shall immediately have a Lein under the Claim of Right to any
and all such monies or property collected.
(B) No person dealing with, making payments to or delivering property to
trustee shall be obliged to inquire as to the powers of trustee nor to see the application
of any money or property delivered to trustee.
(C) Until trustee shall have written notice of any event or the existence of any
document upon which the right to payments under this agreement may depend,
trustee shall incur no liability for disbursements made in good faith to persons whose
interest may have been affected by the event or by the existence of such document.
(D) A trustee may at any time by giving thirty (30) days written notice to each
adult beneficiary then entitled to receive income from the trust, resign. On such
resignation, a successor trustee shall be selected by the resigning trustee. If selection
of a successor trustee has not been made by the effective date of a resignation, the
resigning trustee or any adult beneficiary may petition for the appointment of a
trustee in any appropriate court.
(E) A trustee may at any time and from time to time petition any appropriate
court to have trust accounting judicially settled.
(F) In the event of the death of the trustee, a successor trustee shall be selected
by a separate authorization made by the trustee prior to his death. In the event that a
successor trustee has not been made or is unwilling to accept, any adult beneficiary
may petition for the appointment of a trustee in any appropriate court.
E
~ In the event the trustee becomes incapacitated or temporarily leaves the
jurisdiction of the trust, trustee may delegate his duties, authority and/or
responsibilities to any person he so designates. Sucti designation shall be written and
shall be effective only in the absence of or the inability of the trustee to act on behalf of
this agreement.
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~ ARTICLE VIII
INTERPRETATIONS
(A) As used in this agreement, the terms "child" and "children" shall mean ~
- descendants of any degree. All terms shag include adopted children with full effect as
if they were the natural children of the adopting parents. All terms include those ~
persons born subsequent to the date of this agreement.
(B) No significance is to be attached to the use of singular or plural designations
or the use of the masculine, feminine, or neuter gender in this agreement. Each
~ designation or gender shall be construed to include the others where a
F ppropriate.
~ (C) This trust agreement shall be construed and regulated by the laws of the
~ state of original jurisdiction as now or hereafter in effect.
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.~COrYgIGNT 117f. SALA ! ASfOC1ATES