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mixed, in possession or in expectancy at the time of my
death, I give, devise and bequeath unto my wife's son, RICHARD J.
TEATER, per stirpes.
FOURTH
I hereby nominate and appoint my wife, HELEN M. LYSTER,
as Personal Representative of this my Last Will and Testament.
If she shall fail to so act, I nominate and appoint my wife's
son, RICHARD J. TEATER, as Personal Representative hereunder.
I direct that no bond or security of any kind be required in
any jurisdiction of my said Personal Representative, her
substitutes or successors, the same being specifically
waived hereby.
FIFTH
In addition to the powers given them by the laws
of the State of Florida, I authorize my Personal Representa-
tive, her successors or substitutes, and each of them to
have. the following powers and discretions, as, in the
~ unrestricted judgment of my said Personal Representative is
deemed advisable for the better management and preservation
i of my estate, without resort to any person or court for
further authority: to sell any of the property in my estate,
real or personal, for cash or on such other terms as may
seem advisable; to borrow money and to make such pledges
and mortgages in connection therewith as may be reasonably
necessary; to hold my said estate in the form of cash, free
from any liability for failure to convert such cash into-
~ productive investments; to continue the operation of any
business or business interest, regardless of entity, which
E
{ is an asset of the estate; to make distributions hereunder
either in cash or~in kind at fair market value; to settle or
compromise all claims against my estate or those my estate
may have against others; to retain any investments received
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8o~K342 P~~1154