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HomeMy WebLinkAbout0695 i ~ ~ i ~ ~ Il l 11\*_)IS ~v':.:..' .. . r "1 lZUS~f ~,G IZ~: ' ~'1 ' ~l~l I Illti ~I I:t'S~f :~(~k1=1=~11=\"1, il:,t<<I thi~... I'~ 76. .~i~~1 I,n~•~~i~ a. 'I iu.t \umh~r _4730-- and ItAROLD__ ~ti'. H~FFi~ER,._ =---___ _ 30th . I~ lu :~IUI~~ Ih.~l lEG4l iOk:•!S ~ ~ 10'7 .1.~~ ~~i ~ugust, - --- ItAYtiOND F. ftAFFNER _ .~. ~ru.t~~ hc~•run~lrr. Ihcr~in ~umctinir~ r~frrrr~l t~- :~. thc Uu.t~r. r~_:;uJl~., ul~ thr numhrr ul' Iru.tc~~.l i~ :~h.-ut tu take titlc tt- th~ 1~-11~-~~in;~ ~I~.crihr~l rral ~.t:~tr in CoOk . _--- --- ---. -- c uunt~. Illi~~ui.. ~v-~~it: Lots_ 12_,_l3,___14, 15, _ 16, and the North ten_feet__(10' ) of Lot 17, in Stocve's Subdivision of the East_Quarter (E 1 4) of the - -- -- -- -- ----- -- ----- - - --- -- - - - - -- - - -- -- - t~orthwest_ Quarter NW 1 4) of the ~orthc,~est uarter_ {NW 1 4 of the - -~- -___/_ _- ---- - -- - - - - - -Q ---- - - - -- --f - ~- --• ---~ Northeast Quarter (NE 1~) of Section _Twelve,_ Tot~nshi~ 38_North,__ - - - -- - ----L------ - -- - - - - - - - --- - -- - -- -- Range 13 ~ East_of the_ Third Principal._t~leridian,. Coo't_ Countyt_ Illinois_, :uul th:~t ~~ h~n the tru~tce has t:~ken thr titlc thc~~tu. u~~ t~~:~n~ ~+thrr r~:~l ~~t:~tc ~ecdcel tu the ~ru.t~e hcreunJrr, the tru,t« ~vi1! hulcl it fur the u.c~ .~n~ purp~-.~. ;,nJ upan th~ tru.t~ hrrein ~et i~~rth. 'I~he fullu~~in~, n.~med per.om sh.~ll hc entitleJ tu thr c:irnim_.. .~~.~ih ,~n~t pra.~cd, uf~ ~.~iJ real e~t.+te .~ccordin~~ to the r~~pective interc,t~ hzi•ein ~_t li~rth, ta-a ir. _~Y~'10ND F,_ HAFFVER, EARL A. HAFFNER_LLESTER P. HAFFNER and HAROLD W. HAFFNER_, __each being_ entitled to an undivided onP-fOU?-th U4th~interes~„ ---- IT IS U!~ DERSTOOD ~\ D AGREED bet~~cen th~ parties hereta. und b~•.m~• person or persun~ ~~ho m.~~~ l~ecome entitied to ~~n~• intert.t une!er lhiti tru,t. th~~t the interest of an~• beneficiar~ hereunder sh:ill cun- ~ist solrl~• of e po~~•er of direction to de:~l ~~•ith the titlc to ~aid propert~• ~+nd to m:~n.~^e .~nd cuntrol 1:~id prop- erty xs hcreinaftcr pru~•ided. ~~nJ the ri~,ht ro recei~ r the proceeds from rcmals .~nd from mortga~e;. ~;~le~ or othcr dispc~sition of ti:~id premises. .~nd th:~t Such'ri~_ht in the a~~.~ils of s~+id propert~• sh~dl bc deemed tu bc persc~nal property. and m.i~- be a~~iLncd anJ tr~mferre~ us such: that in case of the cleath at ~~m• henefiri;~r~• hcreun~er durin~_ the exititcncc of thi~ tru~t. his ui her ri~,ht anJ intcrest hereundcr ~h.~ll, eaccpt .~. hercin othcn+~ise specificall~• pro~ i~ed, pa~~ t~~ hi~ or her e~e.utor or .~dmini,U-<<tur. and not tu his or her heir, ~t I;~~~•: and th.~t no beneficitin• no~~~ ha~. .,nJ th.~t nu beneficiar~ hcreunder at .m~~ time ~h.~ll ha~-e. tim• ri~ht. tidr or interest in or to .~m• p~irtian of S:iid rc~il esiate as such. either le~al or equitable. but anh• an imzrest in ~he r.~rn- in~s. a~•~ils anJ prexecd~ :~c .~foresaid. 'The de.~th of .-m bcnefician hcreundcr .h.~ll not termin:~te the tru.t nur in am• manner c~itect ihc po~vers uf the trustee her~un~ler. \o t,s~i_•nment of:~n inlcre.t hzr~under ~h;~ll he bin~lin~~ ~in the tru.t~e until thc ori~~inal or .t duplict~tc of the ustii~nment is lu~;_eel ~~ith th~ tru,tee. I n case the tru,tec ~h.~ll m<<ke an~ .+d~-ances of mone~ on c~ccount of thi, uu.t ar ~hall hc m,:dr .~ p:~rt~• ta an~~ liti~ation on account uf hulelim, titl~ to s.~id re.il c,tat~ or in connectiun ~~ ith thi. tru~t. ur in cc~~c the tru.tee ~h~il~ ht con~pellcd t~~ pu~• .~n~- ,uc~ uf manry on acc~~unt u~ ti~is tru,l. ~~ hrlh~ r un :~cr~~usu ~~f breach ul cc~mr,i~t, injun• to pcrson ur prop.,rt~~_ fine. or ~ naltics untler .-m la~~ or c~th~r~~ i.c. thc hcncfici;u•ic~ hcicunJcr Ju h~reh~~ jomUy and se~•er~lly a^_ree that the~• ~cill on e1zm:lnJ p~~~ tu th~ U-u.te~. ~~ith imere~t therc~n :~t ~h~ r.~t~ uf tir~•zn per cent (7'/.) ~r ~:nnum. all such di~bunen:cnic or.~d~.u~ce. ur p.i~-ment. nz;~tle b~~ thc tru~tee. ta- g~~hcr ~.~ith expen~es. incluciin, re.~,onahle attarnc~ ~' 1'~c~ of ~h~ tru.tec. .~nJ ~h:~t the trustce ~h.-11 nut he called «pon to com•e~• or other~~•ice cle~J-~~•ith sai~! ~s~+p:rt?• ,~t :m~ tim~ h~W hcrcicn~lrr until ::II ~~! ~.iid di~- bur>emznts, pa~•ments, .~d~•~~nc.s .~n~l e~rcnties m.id~ c~r incurreJ h~ thr tru~l~c ~h:~ll h:~rc hecn.l~ull~ p;~id, lo- c~ther aith intere~t-thereon a5 afurc,aic~. Ho~~~c~•cr, nuthim_ he~~in cont.~ine~i ~h:~ll hc cun~trued ;~, reyuirin,~ thc trustce ta adv~~ncc or pa~• out ar.~- moncy on accuunt of this tru>t: ~~r to rrutircutc ~~r clel~nd .~m- Icg~d pro- ceedin, im~ohin~ this tnis[ or.u»• propert~~ or inter~,t thereunJer. unlc~s Ihe U-u.tee ~h:tll be tu~-ni.hed ~.ith fundti sufficient therefor or be s.~ii~f.:ctu~il~- inde~nnified in re~pect thereto. The beneficiaries shall furni~li, p:~~• for anJ keep in force in thr n:~me :~nJ for the hen~fit of the trust~e such insurance. (inclu~in_;. ~~•ithout limit:~tion. ~~•orkmen's compens:~:ion. public liabilit~• tind dr:im Shop liability insw-t+nceJ as the trustee ma~- nt any time or times request, in su.h comp:~nies. in such amuunt~ :~nd against .uch ritikc nnd perilc .is ma~• be specified b~• the trustee. hut if the beneficiaries shall f:~il. nerlect or refuse to cumpl~~ a~iih ~in1• such reque.t the tru~tee mc~~• tbut ~h.tll not hz requircd to) obt:~in .uch intiur.mce :~nJ thc bcnefici~~ries juia~l.• a~d ae~~cn~l1~~ het-ebr ~r,rec tu rcimbur>e thc trustec fur thc prrmiums ('i~r,uch in~urancc. to;~cther ~~~ith interest thercon at the intc uf se~•en per rznt 17~:) per annum. Th: h_nefic;aries. :~ctin~ un.:nimuusly. ma~• b} a~ritten instrument delirerc~ tu the tru.t« amend or modil~ this tcus; ~t,rccment in any manncr, but no ~uch amenJm~n~ or.mudific:~tion atl~cctin~ vr ch:~m,inc.iny dut~•, I~::biii;y o~ re~pumiUifit~• of tf~e tru~tce ~hall b. eflecti~-c unle» acceptcd in ~~ ritim_ b~ the tru.tec_ I t~h.:ll n~t h:: thc dut~~ ~,F th~ ~+in-ch.~ticr ut s.~id ~remi,eti or uf :~n~• part th~re~,f tu.~c tu ~hc :~rplir:~ti~m ut~ the {~.u:h:~.~ r.i~~ne~• p:~iel thcreti~r: n<-r ~hall an~• ~,ne ~• h~, m:~~ dc:~l ~. ith the u•u.tcn c~ r~yuirc~l rr ~ri~ i1c;~~J lu ID(~111!'t i(tI(~ 1~t: !!~~C~~11~' I)1" C\(l:(,ICrC~' O~ :lll\':ICt ~l~ j~ll ~iU~tiC. l1Y l)f :111\ l~~lli: (~I'i~\ I13Ui1\ l)~(ill~ !Il~~l'lilll~ll~. ~I hi. tru~t ::_r<i mcnt .hali m~t hc {~laccd ~~n rc.~~r~l in Ih~ Rc~ur.l~r'. Ulli~~ ~~fthc ~uunt~ in ~~ hi~h th~ I:inJ i~ .itu.~:,il. i~r e,.: ~~h~ r~. :~nci 1hr r~curilin,~ t~C lli; ,:trt~~ >h:ill nc-t h< i~~n,i~tcrc~t :~~ n~,ti~r ~~f lh~ ii~hl. ~~l :u~~ ~r~~~~n hcrc~~~:~tri_ ~t~n,,at~+r~ t~~ lhr titlc ur pu~~~r. rt ~:iitl U~u.lr~. .\-t~ Iru.:~: r,~.c~ :il :ut~ tis~~~ rc.i~_n h~ ,Cn~lin,~ h~ rc,•i.l~r~.l nt.~il :~ ni~licr r: ~thh lru~lcr ~ iitt~nliun •~~ t~~ il~~ ~~ ~~.~: h ui tl~~_ tht n h~ nrti~ i.~: ir. hrr~ un~l~ r:it hi, ~~r hrr :~.I~I~ ~~. I.~.l ~.nu~~ n lu .u: h t~ u.tr~. ~u: h r~.i:na- hl~l) ~t:.:~~ hi~t~~t!: ~~~~1'll\'C lill ~~:1~~ :1~lCI-l~l~ I11:i1~1I1_ l-~ ~ll:~l ll~~ll~~'~ ~~) l~ll' Ulhll~. ~111~2~ l'\l'lll i~~ ~ll~~l Cl~l,~;- n:~li~~s~. ur in If~~ r~~nl ul lhr ~Ic:~lh. ili..ululi~~i~. in::ir.~:i[~ ~~r in.~I~ilil~ lu :~rl ~-1 :~n~ Iru.l«. :~ .u~:~.~~~r i-r •~1~~~'..UI ~ 111.~~ ~~i .~~r~,~~~<«i,~~ I~li ~~~,~~~~ ~•~- ~~~.,,~~. 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