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I 87- 100122 Vow .1 so to del, or he may sell or otherwise dispose of such specific trust property, investing and reinvesting the Preece as he may deem appropriate. Prior to the date upon which such beneficiary attains the age of 21 years, the Successor Trnstee may apply or expend any or all of the income or principal directly for the maintenance. education and support of the beneficiary without the intervention of any guardian and without application to any court. Such payments of income or principal may be made to the parents of such beneficiary or to the person with whom the beneficiary is living without any liability upon the Successor Trustee to see to the application thereof. If such beneficiary survives us but dies before attaining the age of 21 years, at his or her death the Successor Trustee shall transfer„ pay over and deliver the trust property to such beneficiary's personal representative. absolutely. 2. The beneficiary hereunder shalt be liable for his proportionate share of any taxes levied upon the total taxable estate of the survivor of us by reason of the death of such survivor, 3. Ali interests of a beneficiary hereunder shall he inalienable and free from anticipation, assignment, attachment, pledge or control by creditors or a present or former .>pouse of such beneficiary in any proceedings at law or in equity. 4. We reserve unto ourselves the power and right to collect any interest or payments constituting amortization which may accrue from the trust property and to pay them to ourselves as individuals. We shall be exclusively entitled to all such income accruing from the trust property during our lifetime, and no beneficiary named herein shall have any claim upon any such income distributed to us. S. We reserve unto ourselves the power and right at any time during our lifetime to amend or revoke in whole or in part the trust hereby created without the necessity of obtaining the consent of the beneficiaries and without giving notice to the beneficiaries. The transfer of the trust property by us to another person shall constitute a revocation of this trust. 6. The death during our lifetime, or in a common accident or disaster with us, of both of the beneficiaries designated hereunder shall revoke such designation, and in the former event, we reserve the right to designate a new beneficiary. Should we for any reason fail to designate such new beneficiary. this trust shall terminate upon the death of the survivor of us and the trust property shall revert to the estate of such survivor. 7. In the event of the physical or mental incapacity or death of one of us, the survivor shall continue as sole Trustee. In the event of the physical or mental incapacity or death of the sutv Ivor of us, or if we both shall die in a common accident, we hereby nominate and appoint as Successor Trustee whosoever shall at that time be beneficiary hereunder, unless such beneficiary shall not have attained the age of 21 years or is otherwise legally incapacitated, in wbieh event we hereby nominate and appoint (Name) - - -- — — -- -- - - -- . of (Address) - -- -------- ._- - -- __- Number Street Cttr Stare Zip to be Successor Trustee. 8, This Declaration of Trust shall extend to and be binding upon the heirs, executors, administrators and assigns of the undersigned and upon the Successors to the Trustees. 4. We as Trustees and our Successor Trustee -,hall serve without N)nd. 10. This Declaration of Trust ,hall he construed and enforced in accordance with the laws of the State of Oklahoma IN WITNESS WHEREOF, we have hereunto set our hands and sea's this —�_ 22nd _ day of Dect�nber _ I 86 7 ffirst Settlar.Sign here/ L.S. X t'. ( Second SetNor sign here) �z.d Al JK d �n_�i— . W— A► L. S. J I, the undersigned legal spouse of one of the above Sertlors, hereby waive all community property rights which I may have in the heremabove•described trust property and give my assent to the provisions oft he trust and to the inclusion in it of the said property. ,,Spouse sign here) Witness: (11i ' ti` Witness; ('_) St:ATE OF City COUNTY OF _4peY� —.� _ - - - -. Town `>,"1a3 F r L.S. On the -----22Md--- _ day of -- December . 19_B-6, personally appeared eTZ €tth P. Sj!rpaor, — - -and ''r'rr etto Y. J1?,&Son known to me to be the individuals who executed the foregomg instrument. and acknowledged the same to he their free act and deed. before me- lNolury'Seal) S'nrarc Pt )Iic v R