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r~re than the amo~nt ultimately required for that purpose, the excess
shall be 3istribut~d to each ot those parsons or trusts, whichever
the casc may be, proportionately~in accc~rdance with the amount of
the remaining Trust estate previously distributed to them under
the provisions of this Trust Agreement. ~
The Trustees shall pay~to Settlor's said adopted daughter,
TERRYL M. SWEENEY, the sum of Fiye Thousand ($S,OOU.00) Dollars, outrig
4. The Trustees shall also pay from the principal of the Trust
e~t~;.e all of Settlor's~other legal debts and obligations, excluding
:ao~ :ages on real estate, and the expenses of his last illness and
~ tlie cost of his funeral and burf al, BUT ONLY TO TIIE EXTENT that the
probatablc estate of Settlor is insufficient to pay, satisfy and
discharge such debts, expenses and/or costs.
ti: Disposition of Principal: - At the close of the probate pro-
-ceedings, and after clearance has been received from the Internal
Revenue Service and the Department of Revenue of the State of Florida
regarding any tax consequences, if appropriate, the remaining balances
of principal and income of the Trust, together with any additional _
property that may be received by the Trustees pur~uant to Settlor's
; Will, or otherwise, af ter the payments or provisions for payments
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; pursuant to Paraqraph G. ARTICLE I., as hereinabove provided, shall
j be distributed to THE SAMUEL J. HODKIN ZRItEVOCABL~ TRUST, which
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~ . IRREVOCABLE TRUST was created on the Si:h day of December, 1973, by
~ SAMUEL J. HOGKIN as Settlor under that certain Yrrevocable Declaration
of Trust, in which.FREDRIC J. HODKIN is the original Trustee. Any
income received in the .Trust durinq the period follocaing the Settlor's
death may be distributed to the income beneficiaries of THE SAMUEL J.
I~ODKIN IRREVOCABLE TRUST, or may be held and distributed as income to
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THE S~'IUEL J. 1iODKIN IRREVOCABLE TRUST ~t the date of said distribution.
I. Surviviny Trustee: In the event f'RF.DRIC J. [IODKIt: shall become
= deceased or otherwise unable or unwilling to act or continue to act
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a as a Trustee, then SAMUEL J. 1{ODKIN shall act as sole Tru3tee. In
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¢ the event SAMUEL J. HODKIN shall become deceased or otherwise unable
~ or unwilling to act or continue to act as a Trustee,then the BAEtiJETT
~ BANx OF HOLLYWOOp of Hollywood, Florida, shall be succc±ssor co-Trustee,
~ • and shall act as sole Trustee in the event both oriyinal Trustees shall
~ be unablc or ~nwillinc~ to act or contin~~c BOOK432 PlGE c~
to act. ~
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GpANO L RpUINt~1t, A. ~ nNCrs AT LAW~ 2SO0 C. NAIIAHO~LC O~A~N OlVO.~ NAL~AMOALC. «~n~OA »~09
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