Loading...
HomeMy WebLinkAbout0990 becor~.e a Trustee upor~ acceptance of such appointment, to be represented by written instrun~ent to that effect signed ar.d acknowledged by such person and thereupon duly recordeu or filed with the Registry. A statement by sucr successor or additional Trustee, in such written instrurr,ent of acceptance, ! tr;at he i~as been duly appointed a~ Trustee, pursuant to the ~ provision~ ef this paragraph, and that he accepts suct, ~ appcintment, shall be conclusive evidence of t,is appcintment ~ as Trustee hereunder and of the facts ~pon which such i appointr~,er,t w~as pred icated . € ~ Cpon tr~e appoint:r~ent of any additional or succe~sor 4 ^tustee, trae title to tr,e trust estate snall tr:ereupon, and w•ithout t~:e necessity of any~ trar.~fer or conveyance, he vested s ~ in tr:e saici additional or successor Trustee jointly with tr~e ~ ~ re::,air,ing Trustee, if any. Each succeeding Trustee shall t-~ave F ~ all tf.e rights, po»ers, authority and privileges of a Trustee ~ ; ; ~;e~eunder as fully as if na:;,ed a~ an origir.al Trustee ~ :-:ereur.der . Term of Trust: Terr~~ination. The Trust r~ay he y te rr.;inated at anl t in,e by the benef ic ia ry by not ice ir. wr it ing te tY;e Trustee; and the Trust shall tern;inate, in an_r event, tw•enty (20) years after Lt~e death of the original Trustee(s) }:erevnder. In ca~e of an;- such termination, the Trustee shall t r:.~nsfe: an~i convey the spec i f ic a: sets const itut ing t~l[ t rust -7- J~$ ~~a _ _ _ . , ~ _ . - _ _ _ ._,_~_nR,