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exercised in hi• absolute disosetion, as long ss suoh powsr• and `
responsibilities are not in conflict with any other specific terms
o! this instrument:
1) To make distribution• to custodians !or minors under
the Florida Gift• to Minors A,ct.
2) To use insane to pay administration expenses or estate
taxes for a deoedent'• estate.
3) To treat inco~se in respect of a decadent a• income
instead of as principle. ~
To pay income that is due to a deceased beneliciary
to the succeeding beneliciary.
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S) To allow a reasonable allowance for depreciation on f
property subject to depreciation under good accounting princlplas,
but no suoh allowance shall be Wade !or depreciation o! that part
of any real property used by a beneficiary a• a residence.
6) To make distributions hereunder in cash or in kind.
7) To disclaim or rsnounae any power given hereunder
which could be construed as resulting in the Personal Representative
being treated ss the owner of any portion of my Estate and thereby
taxable in acaordanaa therewith.
8) ~Iith regard to both real and psraonal property, to
acquire, retain, invest, reinvest, exchange, lease, sell, borrow,
subordinate, mortgage, pl~ge, transfer and convey in such manner
and on such tsrias without limit a• to time a• hs~may deem advisable
even !or tertss beyond the expected administration of any Trust
created herein and no purchaser or lender shall bs held liable to
see to the propriety o! the transaction nor to the allocation
o! the proceeds.
9) To inaorporats a business in which I or my estate
may have an interest. ~ j
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10) To pay expenses of delivering devises.
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11) To use incoiae for purposes other than those desig-
Hated by statute.
12) To use an alternate valuation date for estate tax.
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IN WITNESS idfiEREOF I have hereunto subscribed my hand and
affixed my seal this I
Jay of /'ZG~ , 1980.
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s The foregoing instrument was signed, sealed, declared and
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published by JAMES R. BROOKS, JR., in the presence of each of the
Pag6 3 of 4
edc~~.~51
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