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200305293 estate into equal shares, one (1) share for each of the Trustee's then surviving children. If all of the Trustee's children should predecease the Trustor, then the remainder of the trust estate shall be divided among the issue of Trustor's children, in equal shares, by right of representation. All such shares shall be distributed outright subject to the withholding provisions of Paragraph 2.3. 2.3 Withholding Provisions: If any descendant of a deceased child of the Trustor is under the age of twenty -one (21) years when the Trustee is directed to distribute a part of the trust estate to such descendant, such part shall be continued in trust until the descendant reaches the age of twenty -one (21) when it shall be distributed to the descendant free of trust. In the meantime, the Trustee shall use so much of the income and principal of the trust estate as determined to be required for the descendant's reasonable support, maintenance, health and education, adding to principal any income not so used. As set forth above, however, the Trustee is under no duty to make this realty income producing, recognizing that other assets may be added to the trust to produce income at a later date, although this is not mandatory. In case of any such descendant's death prior to reaching the age of twenty -one (21) years, any part then so held by the Trustee for the benefit of such descendant shall be distributed to the remaining surviving descendants in equal shares. 2.4 Failure to Survive: If upon the termination of the Trust there are no then surviving children and no then surviving descendants of the Trustor, the remainder of the trust estate shall be distributed to the Trustor's then surviving heirs -at -law determined pursuant to the laws of the State of Washington. ARTICLE III Powers and Duties of Trustee 3.1 General Matters: In addition to the duties, powers and rights imposed and granted by law, the Trustee shall have the power, and the exercise of discretion in the application thereof, to: (a) Accounting: Determine the allocation of receipts and expenses between income and principal in accordance with the Washington Principal and Income Act. However, there is reserved to the Trustee the power to make such equitable allocation as may nevertheless be contrary to the terms of that Act with respect to allocations relating to underproductive property depreciation, and trade, business and farming operations. The beneficiaries may demand an annual accounting of the Trustee, which the Trustee shall comply with. (b) Counsel: Rely with acquittance on advice of counsel on questions of law. (c) Proxies: Issue proxies to any of the adult beneficiaries for the purpose of voting stock of any corporation held in trust. (d) Merger: Merge or combine any trust hereunder with a trust or trusts otherwise established for substantially the same person or class of persons and with substantially the same provisions and thereafter to administer and distribute such combined estate as one. [G: \LAWTYPE \EL \JWR \ESTATE PLAN NING\ CLIENTS \STOVER \REALESTATETRUST.DOC] -2-