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-- .iVIOV Irg
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<br />Amy undistributed income, at the termination of this trust, shall
<br />be paid to Harriet V. Batie, or to her estate, if she is not then
<br />living.
<br />(b) This trust shall terminate on the day following the
<br />tenth anniversay of the execution of this agreement by the last
<br />of the parties hereto, or upon the death of Harriet V. Batie, if
<br />she dies before then, and upon such termination, the principal
<br />of this trust shall be paid over or transferred, one-half to each
<br />grantor; and if the grantors, or either of them, are not then liv-
<br />ing, then one -half of said principal shall be transferred to the
<br />estate of each deceased grantor or to the personal representatives
<br />or other successors in interest of the deceased.
<br />4. TRUSTEE'S POWERS. The TRUSTEE is hereby vested with
<br />the following powers, in addition to those now or hereafter con-
<br />ferred by statute or case law, all of which shall be exercised
<br />in a fiduciary capacity, subject to any limitations stated else-
<br />where in this agreement:
<br />(a) To hold any or all of the trust property in the
<br />form of investment in which it is received.
<br />(b) To sell at public or private sale, to mortgage,
<br />pledge, or hypothecate, or to exchange or lease (including lease
<br />for a period extending beyond the term of this trust, and the
<br />lease, sale, exchange, pooling, or unitization of any mineral
<br />rights in lands, o�[ any part thereof, separate and apart from
<br />other interests in such Lands), upon such terms, cash or credit,
<br />or both, any stocks, notes, securities, real estate, minerals,
<br />and other trust property.
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<br />(c) To invest or reinvest the trust property, without
<br />limitation to trust or statutory investments, in investments of
<br />any kind, real or personal, including, without limitation, stocks,
<br />bonds, noLes, mortgages, lands, minerals, royalties, leaseholds,
<br />participations in partnerships, joint ventures, and other busi-
<br />ness enterprises.
<br />(d) To construct, add to, repair, or demolish (in whole
<br />or in part) any improvements upon any trust property.
<br />(e) To make or hold investments of any part of the trust
<br />property in common or undivided interests with other persons,
<br />corporations or trusts.
<br />(f) `10 demand, receive, receipt for, sue for, and col-
<br />lect any and all rights, ,Honey, properties, or claims to which
<br />this trust may be entitled, and to compromise, settle, arbitrate,
<br />or abandon any claim or demand in favor of or against this trust..
<br />(K) To borrow funds for this trust in such amounts and
<br />for such purposes as to him shall seem for the besL interest of
<br />this trust and the beneficiary thereof, and to purchase property
<br />on the credit of this trust, and in connection with such borrow-
<br />ing or such purchase, to execute and deliver prcmissory notes
<br />or other evidences of indebtedness of this trust and to mortgage
<br />or pledge all or any part or the property in this trust to
<br />secure payment of such indebtedness, and to rop,ty such indebt-
<br />edness out to t t o 1. s t.r u s [..
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