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HomeMy WebLinkAbout2093.~ 1' , t -~ , /~~.~ ~ directly [or 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 liability upon the Successor Trustee to see to the application thereof. If such beneficiary survives us but dies before attaining the age of 21 years. at his or her death the Successor Trustee shall transfer, pay over and deliver the trust property being held for such beneficiary ta, such beneficiary's personal representative, absolutely. 2. Each beneficiary hereunder shall be liable for his proportionate share of any taxes levied upon the total taxable estate of the survivor of us by reason oi the death ot such survivor. 3. All interests of a beneficiary heieunder shall be inalienable and free from anticipation, assignment, attachment, pledge or mntrol by creditors or by a present or former spouse of such beneficiary in any proceedings at law or in equity. 4. We reserve unto ouiselves th~ power and right during our lifetime (1) to place a mortgage or other lien upon the property. (2) to eollect any rental or other income which may acrrue trom the trust property and to pay such income to ourselves as individuats. We shall be exclusively entitled to all income accruing from the trust property during our lifetime, and no beneficiary named herein shall have any claim upon any such inmme and/or profits distributed to us. S. We reserve unto ourselves the power and right at any time during our lifetime to amend or revoke in whole or in part the trust hereby created without - the necessity of obtaining the consent of any beneficiary and without giving notice to any beneficiary. The sale or other disposition by us of the whole or any part of the property held hereunder shall oonstitute as to such whole or part a revocation of this trusl. - 6. 'Il~e death during our lifetime, or in a common accident or disaster with us. of all of the beneficiaries designated hereunder shall revoke such designation, and in the former event, we reserve the right to designate a new beneficiary. Should we for any reason fail to designate such new bene6ciary, this trust shall terminate upon the death of the survivor of us and the trust property shall revert to the estate of such survivor. • 7. In the event of the physical or mental incapacity or death of one of us. the sunivor shall oontinue as sole Trustee. In the event of the physical or mental incapacity or death of the survivor, or if we both shall die in a common accident, wc hereby nominate and appoint as Successor Trustee hereuncier the beneficiary named first abo~~e, unless such beneficiary shall not have attained the age of 21 years or is otherwise legally incapacitated, in which event we hereby nominate and appoint as such Sucuessor Trustee the beneficiary named second above, unless such beneficiary named seeond above shall oot have attained the age of 2l years or is otherwise legally incapacitated, in which e~•ent v-~e hereby nominate and appoint ' (Name) The benpfi ci ar,~ nan:ed thi rd at~ove of (Address) Number S-ree~ Ci-v S~ale Zip to be Successor Trustee. 8. This Declaration of Trust sliall extend to and he binding upan the heirs, executors, administrators and assigns of the undersigned and upon the Successors to the Trustees. 9. R'e as Trustee and our Successor "Trustee sh:~ll ser~•e without bond. 10. This Declaration of Trust shall be rnnstrued and enforced in accordance with the laws ot the State of E3Axj„d,g _ IN WITNESS WHEREOF, we have hereunto set our hands and seals this l~th dayof •7anuary ~ ~l IFirst Sealor sign here) r~' /~~~ ;~ ~ _ L.S. ISecnnd Seltlor sign here) ~`~'• /~ L.S. 1, the undersigned legal spouse of one of the above Settlors, hereby waive all community property; dower or curtesy rights which I may have in the hereinabove-dexribed property and give my assent to the provisions of the trust and to the inclusion in it of the said property. (Spous~sign her~) X` x` x \~~(\~~~>~<~k~ `\ L-S- / / i \ l y i ~/ ~_ Witness: (1)~ STATE OF ~lor da COUM'Y OF On the ,~ . ••`"~.~~ . "'tt~ert J. K1ine .~'' ~: • - 9'"~7. Witness: (2- ~ ~~. ~ Gty or Fort nierce Town 19 ~l , personally appeared and Eleanor A * Kline ~ t'me tb e indivi y~ s w o e~(e~ute~,~he,, [orF in instrument, and acknowled ed the same to be their free act and ~ ' ,. ~ ~ , l~eiore ~ ~ . ~9~~ ~ ~~ 1 4 1"P, 3~ 1 ~ g 8 ~ _ it,/ ; '~' .-`-~ : '- : . i ~. -. . ~ ~ _ • }' ~. Y ~ - :IIfC ah[ ~: C::Fi i G ~ ~~~~ = t~ s~!1I) =~~,~~ ;T lUCif CCUN • Y.F t r. ~, 7~~n Nomry Public - ~ ~ ~~~, ,~ acGE.R r~~t~n~~ ~ ~ 11 ~~. y~~3 ';* 2.~ •~y~'~ CLERK Ct'r'.,i ~C~~~: ~iatary ~'uF.li:, State o( Fl~ri~a at larr,e ~, ~-' ~, ~.•• t~ . .~ ' • ~~i /~ ti M••••• ,: 0~•`~ ~ Fi :.t .'~."',• u b!y Co:r~u:~ssion Expires lu~y 25. 1981 /~% -- f~~ ~ .. ~~~ -r- i~ p k~~e: ci I~..er.ca~ iue S C~:•.+kr CunW+l~ rM~46 09 ~t. Lucie 14th day of January ~~,,,, ". - <~,-,-> _.=,._ ~ 60~K~ PGGE _. __ _._~,~~,-_~.~