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Last Will and Teatament of .
WALTER F. JOHIdSON and LUCILLS H. JOHNSON
Paqe Four •
existence under Clause VII(d) of this Will, shall cease and
terminate, and all of the rest, residue and remainder of our
property, includinq the property then constituting any trust
fund, shall be paid_over and distributed to our daughter,
REGINA J. MADAUS should she survive us, and if not, to the
living children of our daughter, REGINA J. MADAUS, in equal
shares, per capita.
CLAUSE IX: Our Trustee shall have all the rights,
duties, powers and responsibilities granted to testamentary
trustees under the Uniform Principal~and Incaae Law,'Chapter
690, Florida Statutes, and the Uniform Trust Administration
Law, Chapter 691, Florida Statutes, as those statutes are pre-
sently constituted and as they may be amended from time to time.
CIAUSE X: We hereby-exempt and excuse our Trustee
from complying with the annual accounting provisions of the
Florida Trust Accounting Law, Chapter 737, Florida Statutes;
however, our Trustee shall submit an accounting of his adminis-
tration of the trust to the income beneficiaries at annual
intervals. Such accounting shall show all~receipts and dis-
~
bursements of the trust during the period of the accoun~ing
and shall contain a statement of all assets of the trust held
at the end of the accounting period. The failure of the income
beneficiaries, or their legal representative, to object to the
Trustee in writing within sixty (60) days after receipt of the
accounting shall constitute the binding approval of such bene-
ficiaries.
CLAUSE XI: In the event we shall die in a common
accident, or upon the death of the survivor, we do then appoint
REGINA J. MADAIIS as Executrix of this our Last iRill and Testa-
ment, to serve without bond.
CLAUSE XII: We hereby name and appoint the mother of
our thre~ grandchildren named in Clause VII(d) above, JANE A.
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