HomeMy WebLinkAbout1578 !
I
;
:
. ~
- s,~11.,.:,.~rr Qw . . ~ t c .
With regard to both real and personal property, for the
purpose of obtaining funds for payment of taxes, claims and
making distributions, conversion into cash, management of the
property and for every other proper purpose; Trustee may
acguire, retain, invest, reinvest, exchange, lease, sell, borrow,
mortgage, pledge, transfer and convey trust assets in such manner
and on such terms wi thout 1 imi t as to t ime as Trustee may deem
advisable and no sel ler, purchaser or lender shal l be held 1 iable
~ to see to the propriety of the transaction nor to the appl ication
i
! of the proceeds.
~
~
G
I
Trustee shall likewise have the po~ver to invest in
bonds, corrmon or preferred stocks, notes, real estate mortgages,
~ common trust funds, shares of regulated investment companies,
~ partnership interests (whether general or limited), or other
~
~
~ securities or property, real oc personal, without betng limited
by any statute or rule of law governing investrr?ents by trustees.
~ ~~x . E 1~ c t 14f1~
E
E If the Persanal Representative of Grantor's estate
~
~ fails to exercise any one or more of the following tax elections,
~ Tcustee may elect:
~
r
3 ~ sooK 67~ ~E1~7~
~ _
~E _ ~