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ielection. The power or election shall be exercised or not
exercised by Trustee (or Trustees) who is not beneficially
~~interested in the exercise or nonexercise of the power or
~~election without the consent oinder or
, j participation of the
~iTrustee who is beneficially interested in the exercise or non-
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~~exercise. Subject to th~e foregoing, in the general admini-
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~istration af any trust herein, the Trustee shall exercise the best
~~judgment and discretion of the Trustee, for what the Trustee
~Ibelieves to be in the best interests of any trust herein and the
`~beneficiaries thereof. In any case where the~applicable pro- ~
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;;visions of the Internal Revenue Code (including any election
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~~available to the Trustee) or any power granted under this Agree-
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'?ment, or any combination thereof, the exercise or nonexercise of
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!~which confers a benefit on one beneficiary or class of~bene- 1
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~~ficiaries and imposes•a detriment upon another beneficiary or
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~~class of beneficiaries, the Grantor directs that the Trustee
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ilshall not attempt to restore the interests to the position other-
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~~'wi~e contemplated by this Agreement throuqh^adjustment between ~
'':income and principal, or otherwise. The Trustee shall not be ~
~~~accountable or responsible to any person interested in any trust j
;;hereunder for the manner in which the Trustee shall exercise any ,
~ldiscretionary authority.
ii (a) Investment powers. The Trustee, with
respect to any trust, shall have the power to:
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(1) enter upon and take possession of the ,
trust estate;
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(2) collect the income and profits from the
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property, and to invest and reinveat the tru~t estate in real,
personal or mixed assets (includinq common trust funds of my
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