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HomeMy WebLinkAbout0968 ~ . ~ . i • : . ; . , s , . , , , ? _ ~ ~ ~ . • ~ _ _ . . . . , - - . . . .-'......~w~...~'arY"9OC-!~"~~i3'Pil'.«fG`37a~t.:~.iuaa..~.-i.:..a~u+a.t • . P rJ J i ~ ~ ~ . 1 , . r~ 7 ~ w r DECLARATION OF TRUST .IOSEPH PINEDA and CORA PINEDA, hereinafter calle~ the °Trustors,' and sometimes referred to as "Husband' and _ 'Wife," have transferred a~d delivered to themselves as Co-Trustees, without consideration, all of their interest in the following attached schedules; Schedule CP being the community property of the Husband and Wife; Schedule N beiny the separate property of the Husband; and Schedule W being , the separate property of the Wife. ARTICLE I NAME AND CHARACTER OF TRUST ESTATE A. Name of Trust. This trust shall be known as the PYNEDA FAMILY TRUST and assets transferred into the trust may be registered in the following name: `JOSEPH PIN~:DA ana CORA INEDA, as Co-Trustees under Declaration of Trust dated ~G,~~.~ 6t 9 . ] 98 6 e. Trust Estate. All property sub~ect to this ; instrument is referred to as the •trust estate' and shall be held, administered, and distributed in accurdance with this ~ instrument. All community property transferred to the trust shall remain community property after its transfer, and any separate property transferred to~the trust shall remain the separate property of the Trustor making such transfer. It is the Trustors' intention that the Trustee shall have no more extensive power ov~r any community property transferred _ to the trusk estate than either of the Trustors would have had under California Civil Code Sections 5125 and 5127 t~ad this trust not been created, and this instrument shall be so interpreted to achieve this intention. This limitation - shall terminate on the death of either Trustor. ARTICLE II REVOCATION AND AMENDMENT PROVISIONS A. Revocation During Trustors` Joint Lifetimes. During the joint lifetimes of the Trustors, this ttust may be revoked in-whole or in part with tespect to community property by an i~strument in wciting signea try either ~ Trustor and delivered to the Trustee anci the other Trustur, i and with respect to separate property by an instrument in wrfting signed by the Trustor who contributed that ~Sroperty to the trust, delivered to the Trustee. On revocation, tt~e Trustee-shall deliver to rhe Nusband and Wffe a12 or the HINCHY. WITi'E. WOOD. ANOLrRfON dt HODOR.~ ~ ,~0 5 Z 9 PII~O 9 6 3• ~ uw oo~o~wnon _._t_~___ _ _ rr.- - a___ _ ,~_.~~.~=.z--.--.::. ~.s~. , . _ - , , ~