HomeMy WebLinkAbout0967 ~
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investments by Executors or Trustees;
(c~ To sell any Trust property or any property
of my Estate on cre3it, at public or priva4e sale; to exchar.ge
~ n Trust ro ert , Estate ro ert , or other ro ert to rant
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0 ~Opt10I15 to purchase or acqiiire any pro~erty; and to determine
~ the prices and terms of sales, exchanges and options;
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(d) To exec.ute leases and subleases for
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~1 ~ terms as long as One Hundred (100) years, even though such terms
may extend beyond the termination of the Trusts created by tt?is,
my Last Will and Testament; to sub-divide ana improve real estate
and tear down er alter improvements; to grant ease~r?ents, give
consents and make contracts relating to real estate or its use;
and to lease or dedicate any interest in real estate;
(e) To borrow money, with or without security,
and to mortgage or gledge any Trust or Estate property, upon
such terms and conditions as they shall deem suitable, for the
purpose of paying debts, taxes, administr.ation expenses or groviding
for the welfare and comfort of any beneficiary; '
(f) To take any action with respect to conserving
or realizing upon the value of anX Trust or Estate property,
and with respect to foreclosure, reorganizations or other changes
~ af~ecting Trust or Estate property, to collect, pay, contest,
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c:ompromise or abandon demands of or against the property ot
the Trust or Estate wherever situated; and to execute contracts~
notes, conveyances and other instruments~ including instruments
containing covenants and warranties binding upon and creating
a charge against the Trust or Estate, and containing provisions
excluding personal liability;
(g) To hoid registerable securities and .
assets in bearer form and to hold any property in the names
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~ of their duly appointed nominees, wzth or without disc losure
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~ of an~? fiduciary relationship;
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(h) To vote in person or by proxy upon all
This is page Ten (10) of my
Last Will a d Testament
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