📄 Extracted Text (433 words)
:EUTSCE_ Fax 4108955135 Sep 2/ 2013 09:28an P008/013
(p) To operate, repair, alter and improve any real property which le may hold
or in which he may hold an interest or a participation; to titet or demolish buildings
thereon; LO enter into lasts for such neat property or any pan thereof or any interest or
participation therein for any period of time; to mortgage such real property or arty part
tltreof or any initial or participation thstein for any period of limo; to grant options
with =peck to such real property, mortgages and leases or any =rest or participation
therein for any period of time; to perform, modify, waive provisions of, extend, renew,
terminate or otherwise act in respect of any such leases, mortgages or options; to cause
such real prointy or any interest or participation therein or any part thereof and himself
to be insured against any and all risks; to retain an agent or agents for any of the
umgOing port:Kett S to do or omit to do anything of any kind or nature with respect
to any such real property any pan thereof or any Interestmr option with respect thereto
and the management drreof which he may in his discretion consider advisable, whether
or not such act or omission is herelnabove specifically mentioned. without beinghound
by restrictions which might otherwise be applicable arxl without court approval..
.(i) To deviiviria, in case of assonant doubt on his pan. %&-tber any
property coming btu his hands constitutes income or principal, and whether any payment
or expenditure made by him shall be charged to irr-ome oc to principal.
(r) To become or continue to be an Can, director or employee of any
rorporation, stock of which may be owned by the Grantor's estate or the Trust created
Ise/nuclei and as such officer, director or employee to receive a salary, bonus or other
compensation in reuntiable amount for services rendered to said corporation.
{s) To delegate to any one of the Trustees any nondiseretionary power,
including but not limited to the power, singly or with others, to sign checks, withdrawal
slips, imtnictions for the receipt or delivery of securities or other property, and
instructions for the payment or receipt of money, and the power, singly or with others,
to have access to any safe deposit box or other place where property of the Trost created
pursuant. to this Airetrnear is deposited.
(r) To transfer any property mitidt he may at any time bold to any jurisdiction
which he deems advisable.
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0075708
CONFIDENTIAL SDNY_GM_00221892
EFTA01378526
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EFTA01378526
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document
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