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Florida Statutes (1977), that are not in conflict with this
instrument, and they shall have all additional powers sad
protection granted by statute to the¦ and to trustees at the time `
of application that are not in conflict with this instrument. In
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addition and not in limitation of any common -law or statutorq
authority, and without application to any court, they shall follow
the directions hereafter given and shall have the powers and
responsibilities described below to be exercised in their absolute
discretion.
A. With regard to both real and personal property, for the
purpose of obtaining funds for payment of taxes, claims and costa
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of administration, payment of bequests and making distributions,
conversion into cash, management of the property and for everq
other proper purpose, they may acquire, retain, invest, reinvest,
~ exchan a lease sell borrow wort a e led a transfer and
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convey in such manner and on such terms without limit as .to time
as theq may deem advisable, even for terms begond the expected
administration of my estate, and no purchaser or lender shall be '
held liable to see to the propriety of the transaction, nor to the
application of the proceeds.
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~k B. To pay all or any portion of administration expenses, ~
debts and taxes out of income or principal and to accumulate the
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income of the. estate for this purpose. Unless otherwise provided
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by this instrument, the amounts paid from income shall be charged
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against income, and those pagments shall. require no reimbursement
or adjustment of the accounts of the estate or of the shares that
the beneficiaries shall be entitled to receive in income or
principals.
~ C. To paq expenses-that are. reasonable in the judgment of
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E the personal representatives for the delivery of gifts.
D. To pay any pledge or charitq made by me in writing, if
in the judgment of the personal representatives, I would want the
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pledge paid.
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McRODtRTR. WARNtlt. ~O7C i ittL.tT. CMARTtRtD. ATTORNtYS AT LAW. fTYARTc. !{ARiDA
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