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65A - MOBILE HOME PARKS
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65A - MOBILE HOME PARKS
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Last modified
5/20/2019 8:56:55 AM
Creation date
5/16/2019 4:19:08 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
65A
Date
5/21/2019
Destruction Year
2024
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I <br />2 <br />4 <br />5 <br />11 <br />12 <br />15 <br />17 <br />18 <br />estate, or any part thereof, in any kind of property which men <br />of prudence, discretion and intelligence acquire for their own <br />account, specifically including, but not by way of limitation, <br />participation in any common trust fund, corporate obligations <br />of every kind, and preferred or common stocks. <br />E. if the Trustee deems the net income payable <br />hereunder not sufficient to provide for the proper support, <br />maintenance, comfort, education and recreation of any <br />beneficiary who is at the time receiving or entitled to <br />receive income hereunder, taking into consideration other <br />income or financial resources of such beneficiary, so far as <br />known to the Trustee, the Trustee may, as often as deemed <br />necessary and to the extent any principal is reachable for <br />such purpose, pay to or apply for the use and benefit of such <br />beneficiary such additional part, up to and including the <br />whole thereof, of the principal of the trust estate, or if the <br />trust estate has been divided into shares, of principal of the <br />respective share of such beneficiary, all as the Trustee, in <br />the Trustee's sole and absolute discretion believes will be in <br />20 the best interests of and will tend to promote the welfare <br />21 such beneficiary, including but not limited to the specif <br />22 power to disbursed funds to such beneficiary for the purpo <br />23 of acquiring a home or an equity therein. <br />24 F. The interest of any beneficiary in t <br />25 principal or income of the trust shall not be subject <br />on claims of his or her creditors, or others, or liable <br />attachment, execution or other process of law, and <br />beneficiary shall have any right to encumber, hypothecate <br />199 <br />65A-20 <br />
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