Revocable Living Trust Form (Page 4 of 9) in pdf

Living Trust of

Date:

b. To sell, assign, exchange, transfer, partition and convey, or otherwise dispose of, any

property, real, personal or mixed, which may be included in or may at any time become

part of the Trust Estate, upon such terms and conditions as deemed advisable, at either

public or private sale, including options and sales on credit and for the purpose of selling,

assigning, exchanging, transferring, partitioning or conveying the same, to make, execute,

acknowledge, and deliver any and all instruments of conveyance, deeds of trust, and

assignments in such form and with such warranties and covenants as they may deem

expedient and proper; and in the event of any sale, conveyance or other disposition of any

Trust Estate, the purchaser shall not be obligated in any way to see the application of the

purchase money or other consideration passing in connection therewith.

c. To lease or rent and manage any or all of the real estate, which may be included in or at

any time become a part of the Trust Estate, upon such terms and conditions deemed

advisable, irrespective of whether the term of the lease shall exceed the period permitted

by law or the probable period of any trust created hereby, and to review and modify such

leases; and for purpose of leasing said real estate, to make, execute, acknowledge and

deliver any and all instruments in such form and with such covenants and warranties as

they may deem expedient and proper; and to make repairs, replacements, and

improvements, structural and otherwise, of any property, and to charge the expense

thereof in an equitable manner to principal or income, as deemed proper.

d. To borrow money for any purpose in connection with said Trust created hereby, and to

execute promissory notes or other obligations for amounts so borrowed, and to secure the

payment of any such amounts by mortgage or pledge or any real or personal property,

and to renew or extend the time of payment of any obligation, secured or unsecured,

payable to or by any trust created hereby, for such periods of time as deemed advisable.

e. To invest and reinvest or leave temporarily uninvested any or all of the funds of the Trust

Estate as said Trustee in the Trustee's sole discretion may deem best, including

investments in stocks, common and preferred, and common trust fund, without being

restricted to those investments expressly approved by statute for investment by

fiduciaries, and to change investments from realty to personality, and vice versa.

f. To compromise, adjust, arbitrate, sue defend, abandon, or otherwise deal with and settle

claims, in favor of or against the Trust Estate as the Trustee shall deem best and the

Trustee's decision shall be conclusive.

g. To determine in a fair and reasonable manner whether any part of the Trust Estate, or any

addition or increment thereto be income or principal, or whether any cost, charge,

expense, tax, or assessment shall be charged against income or principal, or partially

against income and partially against principal.

h. To engage and compensate, out of principal or income or both, as equitably determined,

agents, accountants, brokers, attorneys-in-fact, attorneys-at-law, tax specialists, realtors,

custodians, investment counsel, and other assistants and advisors, and to do so without

Page 4 of 9

Revocable Living Trust Form Page 4