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• Declaratiola of Trust Page 2 of 2.
retain the specific trust property herein described if he believes it in the best interest of the beneficiary so to do, or he may sell or
otherwise dispose of such specific trust property, investing and reinvesting the proceeds as fie may deem appropriate. U the
specific trust property shall be productive of income or if it be sold or otherwise disposed of, the Successor Trustee may apply or
expend any or all of the income or principal directly for the maintenance, education and support of. the beneficiary without the ~
intervention of any guardian and without application to any court. Such paymenu of income or principal may be made to the
pazenu of such beneficiary or to the person with whom the beneficiary is living without any liability upon the Successor Trustee ~
to see to the application thereof. If wch beneficiary survives me but dies before the age of 21 yeah, at his or her death the
Successor Trustee shall transfer, pay over and deliver the trust property being held for such beneficiary to such beneficiary's
personal representative, absolutely. ,
2. The benefidary hereunder shall be liable for his proportionate share of any taxes levied upon -the Settloi
s total taxabb '
estate by reason of the Settlor's death.
3. All interests of a beneficiary hereunder shall be inalienable and free from anticipation, assignment, attachment, pledge or
control by creditors or a present or former spouse of such beneficiary in any proceedings at law or in equity. i
4. I reserve unto myself the power and right during my lifetime (1) to place a mortgage or other lien upon the property, (2)
to collect any rental or other income which may aarue from the mist property and to pay such income to myself as an individual. i
I shall be exclusively entitled to all such income accruing from the trust property during my lifetime, and no beneficiary named i
herein shall have any claim upon any such income and/or profits distributed to me.
5. I reserve unto myself the power and right at any time during my lifetime to amend or revoke in whole or in part the trust
hereby created without the necessity of obtaining the consent of the beneficiaries and without giving notice to the beneficiaries.
The sale or other disposition by me of the whole or any part of the property held hereunder shall constitute as to such whole or ~
part a revocation of this taut.
6. The death during my lifetime, or in a common accident or disaster with me, of both of the beneficiaries designated
hereunder shall revoke such designation, and in the former event, I reserve the right to designate a new beneficiary. Should I for ~
. any reason fail to designate such new benefidary, this trust shall terminate upon my death and the trust property shall revert to
my estate.
7. In the event of my death or legal incapacity, I hereby nominate and appoint as Successor Trustee hereunder whosoever ~
shall at that time be beneficiary hereunder, unless such beneficiary shall not have attained the age of 21 years or is otherwise
legally incapacitated in which event I hereby nominate and appoint
(Name) ~ , of
(Address)
Number Streit City Stag Zip
s to be Successor Trustee.
8. This Declaration of Taut shall extend to and be binding upon the heirs, executors, administrators and assigns of the ;
undersigned and upon the Suaessors to the Trustee.
s 9. The Trustee and his successors shall serve without bond.
10. This Declaration of Trust shall be construed and enforced in accordance with the laws of the State
of lrlnridd
IN WTINESS WHEREOF, I have hereunto set my hand and seal this 30th
day of June > 19 80 .
_ (Stttlor sign here ` ~ L.S.
I, the undersigned legal spouse of the Settlor, hereby waive all community property. dower or curtesy rights which I may
have in the hereinabove-described property and give my assent to the provisions of the trust and to the inclusion in it of (
the said property.
1 (Spouse sign hire) L.S.
Witness: (1) Witness: (2) ~ ~ ~ ~ .
STATE OF FIARIDA City ~ .
~ COUNTY OF t~tAItTZN Town Jensen Beach, Florida
~ On the 30th day of June , 19 80 , personally appeazed
- - .
' = ''~•:Attty Darrach Hildenbrand
~
x,= .
krtof~+n eti me to•-biC tt;e individualSs) who executed the fore oing instrumept, and acknowledged.fhe same to be -h~]C. free
act apd~d, ~ro~ ane. !9~{1 .AA -3 P!i 2~ 46~ ~ ~
_~~~f`• : f«e ~ fit i ~ - l ~
~~l~' ~ : SI.U1C~ t(ffA1TY.Fl A. Q r~ ary• Public
• +i ' ~-~z~ ~ ROfsER PgTRAS 49 ~ I NOTARY PUBLIC STATE Of~[pgjb~~
. , ~ ttERK t~ICt1IT~~T h1Y CU :•r.' f 551 O."J
EJ(t? I Rf5 JAtJ 6 19 8 4 `
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