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C. Restraint on Alienaticn, No income or princiNal payable to
or held for any beneficiary shall, while in the possession of the Trustees,
be alienated, disposed of, or zncumbered in any manner other than by
Trustees action authorized her~by. Throughout the duration of each trust,
no beneficiary thereof shall have fhe power volunta_rily or involuntarily
to sell, alienate, convey, assign, transfer, mortgage, pled~e or otherwise
dispose of or encumber any principal or income thereof or any interest
whats~ever therein until physical distribution or payment is macie to him
or her, and no interest of any beneficiaxy in or clairn to any trust assets
or bene.fits sha].1 be subject to the claims of any of his or hEr creditors
or to judgm~nt, ~~vy, execution, sequestration, garnishment, attachment,
bankruptcy or ~ther insolvency proceedings, or any ather legal or
equita.ble process.
~. REliance by Third Parties. ~1o grantee, purchaser or otner
person dealin~ with the Trustees ~~~hile the Trustees are purporting to
act in such ^,ag3: ity under any poaver or authority granteci the Trustees
herein neec3 inquire into the initial e~i ~ten~e of facts upon VVYIl~h the
purported power or authority ~f the transa^tion, or the proper applica~ion
of the proc~eds er other consider~.ticn.
~. R?~le ~qainst Perp~tuities: The trus`s ~reateci under this
`1Ui11 shall in any event terrninate tv~~ent;~-one (21) years after the death o~
the last surviv~r of such of the benefi~iarie~ ef the tru.sts cr~atG~~ nere-
under as shall be living at the ti~ne of :ny cieath, and thereupon the
property held in trust shall be ~:istr~buted, dischargec of tr~.i:~t, to tr.e
then incorr~e beneficiarie~ *.hereof, in accordan^.e urith their re.~pective
interests in ea~h partic~alar tru:~t.
;~ , i~• /.- , , ;'
;
VJilliam R. ~aufman
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v '~~351 ~~~,3k1~~2
G.'-N: EF--,^,'. .. .~ °_Ri~'~: n.-F.=_r. ~i? . P O DP.A~YER a5 STUART. F~CF~'. ..- . .