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01-0813
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01-0813
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Last modified
3/6/2009 2:40:46 PM
Creation date
11/1/2006 8:40:18 AM
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Building Department
Building Department - Doc Type
Permit
Permit #
01-0813
Building Department - Name
LYKINS,ARLENE
Address
38228 5TH AV
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<br />Upon Grantor's death, or if during the continuance of <br /> <br />this Trust, the Grantor becomes incapaci ta ted or shall <br /> <br />otherwise fail or cease to act as Trustee for any <br /> <br />reason, then the Grantor shall automatically be <br />succeeded by SUN TRUST BANK, NATURE COAST, Pasco <br />County, as Co-Trustee or sole Trustee, as the case may <br />be. After Grantor's death, no fewer than two trustees <br />shall serve hereunder at all times during the period <br /> <br /> <br />that a trust is in existence under paragraph E of <br /> <br />Article VI. Any successor Trustee automatically shall <br /> <br />have all the title, powers, and discretion herein given <br /> <br />the original Co-Trustees and automatically shall be <br /> <br />vested with all the powers and duties of this Agreement <br /> <br />without the necessity of any act, conveyance, or <br /> <br />transfer; provided, however, any successor Trustee <br /> <br />shall not be liable in any way for any acts or defaults <br />of any predecessor Trustee, nor for any loss or expense <br />from or occasioned by anything done or neglected to be <br />done by any predecessor Trustee, and the successor <br />Trustee shall be liable only for its own acts and <br /> <br /> <br />defaults in respect to the property received by it, and <br /> <br /> <br />it is relieved of all duties it otherwise may have to <br /> <br /> <br />examine into and satisfy itself as to the accounts of <br /> <br /> <br />any predecessor Trustee. <br /> <br />2 <br />
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