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HomeMy WebLinkAbout0205 H• To utilize, in so far as such right shall be permitted to them either under the terms of any policies of insurance - held hereunder or by arrangement with any of the insurance companies involved,-each and every option and privilege existing • by virtue of the terms and provisions of said .policies or by virtue of any such arrangement; and to delay making claim for the proceeds of any policy for such period as in the judgment of all of the trustees may be necessary or desirable in order that they may decide whether or not to make an election or an option provided by a policy or to arrive at an extracontractual • arrangement with the insurance company or companies involved. ARTICLE XI A. I hereby nominate, constitute and appoint my sister, ALTA W. STUMPF, and THE BROWARD NATIONAL BANK OF FORT LAUDERDALE, Fort Lauderdale, Florida, as Co-Executors of this, my Last Will and Testament. In the event my said sister should predecease me or die during the course of the administration of my estate, or be unable or refuse to act as my Co-Executor, then in that event, THE BROWARD NATIONAL BANK OF FORT LAUDERDALE, Fort ~ Lauderdale, Florida, shall act as sole Executor. B. I hereby nominate, constitute and appoint my sister, - V ALTA W. STUMPF, and THE BROWARD NATIONAL BANK OF FORT LAUDERDALE, f ~ Fort Lauderdale, Florida, as Co-Trustees of the trusts established • under this, my Last Will and Testament. In the event my sister, ALTA W. STUMPF,•should predecease me or die during the course ,3 . of the administration of my estate, or be unable or refuse r+ to act as my Co-Trustee, then in that event THE BROWARD NATIONAL BANK OF FORT LAUDERDALE, Fort Lauderdale, Florida, shall act as sole Trustee. C. A successor Executor or Trustee shall r_ot be liable for any action taken by the Executor or Trustee prior to the time i j such successor Executor becomes an Executor or such successor ~ { ~ i~ Trustee becomes a Trustee. - ~ -9- 80aK ~1 PACE