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HomeMy WebLinkAbout0932 ~ ~ ~ $10 ~ ` other shell continue to serve as sole peraonal representative. I direct that no bond shall be required of either of them w2lile serving as my personal representative. . ARTICLE VIII The personal representatives named in this Will and their successors and parties serving in their steac~, shall be governed by the provisions of Secti~n 733.612 and 737.402; and ' _ Chapter 738, Florida Statutea 1979. that are not in conflict with this ins~rument, and shall have all additional powers and prote etion granted by atatute to them at the time of application that are not in con ~lict with this instrument. In addition and n ot in limitation of any common-law or any statutory authority, and without application to any Court, they shall follow the directions hereafter given and shall have the powers anci responsibilities described below to be exercise.d in their absolute discretion. ( a) W i th regard to bot2t real and per sonal property, for the purpose of obtaining fun~ds for the payment of taxes, elaims anci costs of the aclministration, payment of bequests, and making distributions, conver-sion into cash, management of the property and for every other proper purpoee, they may acquire, sell, borrow, mortgage, pledge, transfer, and convey in such manner and on such terms without limit as to time as they may deem advisable, even for the terms beyond the ; e xpe eted administL ation of my estate, and no purchaser or Iender shall be helc~ liable to see to the propriety of the transaction or to the application of the proceeds. (b) To pay expenses that are reasonable for the delivery of gifts made by this Will. (c) To pay any pledge to a charity made by me ~ in writing if in the judgment of the personal r epre sen tative I would want the pledge paid. ~ (d) The distribution of a gift to a donee who is a minor at the time of distribution shall ~ be made to the Custodian for the minor under ~ j the Florida Gifts to Minors Act. If there is ~ n one , the Custod ian sha 11 be appointed by the ! ~ personal representative, and any party ; serving as personal representative may be ~ appointed as Custadian. I ~ E r f ( . ' 3 gooK 562 P~E ~ 93~ E L_