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A E 00534 assets of said Trust Organization, nor shall they be personally liable hereunder, as partners or otherwise; that no Trustee shall be liable for the act or ommission of his or her Co- Trustee, or any other person, whatsoever, whether employed by such Trustee or not, or for anything other than his own personal breach of Trust. The Pure Trust Organization shall own both legal and equitable title to all property that it has aquired, both tangible and/or intangible, and both real and personal. 21. THE TRUE TRUST ORGANIZATION shall be operated for distribution purposes o*.. and not for profit, and the intent of the Parties to this contract is to create a. connict tender the Common Law. and all Parties to this Contract have an obligation to perform in strict 6a Jormity hereto. 22. FOR CONVENIENCE the Trust Certificates used for distribution shall he divided inW ,(%. Hundred Units. They shall be non- assessable, non - taxable. non - negotiable and shall not constitute a security of any kind, and the lawful possessor thereof shall be construed as the true and lawful owner thereof. The Certificate Holders will hold the unit as tenants in common. 23. DEATH, INSOLVENCY -OR BANKRUPTCY of any Certificate Holder, or-the transfer of this certificate :bii: gift, devise 'or dekertt, shall not operate as a dissolution of Ahis Trust Organizations, ' or in any manner etI'ea the Trust Organization or its operation or' mode of " bat iness. Ownership of certificate shall not entitle the holder to any legal tide or equitable title in. or to the Trust Organization property, nor any undivided interest therein, norm in the management thereof, nor shall the death of a holder entitle his heirs or legal representatives to demand army partition or division of . the property of the Tarot Organization, nor any special accounting. The rights of the Certificate Holders fn personam are limited to merely a claim against the trustees to carry out this Declaration of Trust. J. r 3 . 24. THIS TRUST ORGANIZATION shall continue for a period of twenty-five' years from date, r _ unless the Trustees shall unan?mously determine upon an earlier date. The Trustees may at their discretion, because of threatened depreciation in values, or other good and sufficient reason, liquidate the assets, distribute and close the Trust Organization at any earlier date determined by them. The Trust shall be proportionately and in a pro rata manner distributed to the Certificate Holders. -5- l