HomeMy WebLinkAbout0850 •
1
s
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 he may deem appropriate. If the
specific taut property shall be productive of income or if it be soW 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 payments of income or principal may be made to the
parents of such beneficiary or to the person with whom the beneficiary is living without any Gabi6ty upon the Successor Trustee
to see to the application thereof. If such beneficiary survives me but dies before the age of 21 years, at his or her death the
Suottssor Trustee shall transfer, pay over and deliver the trust property being held for such beneficiary to such beneficiary's
personal representative, absolutely.
2. The beneficiary hereunder shall be liable for his proportionate share of any taxes levied upon the Settlor's total taxable
estate by reason of the Settlor's death. I
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.
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 accrue from the taut property and to pay such income to myself as an individual.
I shall be exclusively entitled to. all such income accruing from the trust property during my lifetime, and no beceficiary named
herein shall have any claim upon any such income and/or profits distributed to me.
S. I reserve unto myself the power and right at any time during my lifetime to amend or revoke in whole or in part the taut
hereby created without the necessity of obtaining the consent of the beceficiaries and without giving notice to the beceficiaries.
The sale or other disposition by me of the whole or any part of the property heW hereunder shall constitute as to sudr 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 beneficiary, this trust shall terminate upon my death and the trust property sball 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, unlesi such beneficiary shall not have attained the age of 21 years or is otherwise
i legally incapacitated in which event I hereby nominate and appoint
~
(N~) , of
(Address)
~ Number Strctt City State Zip
~ to be Successor Trustee.
8. This Declaration of Trust shall extend to and be binding upon the heirs, executors, administrators and assigns of the
4 undersigned and upon the Successors to the Trustee. ;
9. The Trustee and his successors shall serve without bond.
10. This Declaration of Trust shall be construed and enforced in aa:ordance with the laws of the State ;
e
of Florida
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 3Otfi
day of June , 19 80 .
(Stttlorsign htr - L.S.
i. the undersigned legal spouse of the Settlor, hereby waive all community property, dower or curtesy rights which I may.
s 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.
(Spoust sign hrre) ~ L.S.
1 I~ 1 ' <
Witness: (1) Witness: (2)
STATE OF FLORIDA City j
COUNTY OF Jensen Beach. Florida
I~IRTIN Town
l
On ~ 30th day of June , 19.$4_, personally appeared
~~;,l~r;ach Hildenbrand
~y~
krgr<m a a`bt*,the individual(s) who executed the foregoing instrument, and acknowledged the same to be her free
:set sr~h~gre ele. ~ ~ _ ~ .
1 ~j
. - 3 P~ 2~ 49 _
,~1~ ~ ~ G ~tIEC at?C FECOALE @ 4v1 I~ No ry Public
• • ST.LUCIECCUNiY.FIA.
RQGER POITRAS
CptCUli COURT latnnltY 1`t18CIZr 3tJCTE-b~CO'l<I
l~•' Q~ ~hT COt1t~Y,ISiIOsI EJ(eIRES JI1Tt 6 1984
~(~~~'•~k~~~ Q~~ ~IIR#1T~1~'*~. I II~U SE:~ERAL INS tiP~QElrllTERS