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encumbered. mhis provision shall not limit the exercise of any
power of appointment.
The rights of benef iciaries to withdraw trust property
are personal and may not be exercised by a guardian, attorney in
fact or others.
SECTION 3: Income received after the last income
payment date and undistributed at the termination of any estate
or interest shall, together with any accrued income, be paid by
the trustee as income to the persons entitled to the next
successive in~erest in the proportions in which they take that
interest.
SECTION 4: For convenience of administration or
investment, ~he trustee may hold the several trusts as a commqn
fund, dividing the income proportionately among them, assign
undivided interests to the several trusts, and make joint
investments of the funds belonging to them. The trustee may
consolidate any separate trust with any other trust with similar
provisions for the same beneficiary or beneficiaries.
SECTION 5: The trustee shall hold, manage, care for ~
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~ and protect the trust property and shall have the following
powers and, except to the extent inconsistent herewith, those now
~ or hereafter conferred by law:
The trustee may rQtain any property (including stock of
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' any corporate trustee hereunder or a parent or affiliate company>
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~ originally constituting the trust or subsequently added thereto,
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~ although not of a type, quality or diversification considered
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~j proper for trust investments. The trustee shall have power to
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i invest and reinvest the trust property in bonds, stocks, notes,
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bank deposits, options, futures contracts, limited partnership
interesks, shares of registe~ed investment companies, or other
property, real or personal, domestic, or foreign, suitable for
the investment of trust funds; ~o reqister property in t e name
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WILLIAM W. HAIGAT
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~ LA~V OPPICES OF HARVIN & GEARY ~
A PARYNEfiSH~P Oi P• A.s
' ~J STUART, FLORIDA
~ ` B~o~674 ~~E2314
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