- 7 - DECLARATION OF IRREVOCABLE TRUST This Declaration of Irrevocable Trust is created this 24TH DAY OF MAY 1994, between CONTRACT ADMINISTRATORS TRUST, of Washington, D.C., hereinafter called the SETTLOR and AMERICAN COMMON TRUST, Washington D.C., with mailing address of Tempe, Arizona, Douglas J. Carpa, Trust Officer, hereinafter called the TRUSTEE, who are legal entities holding full title, not as individuals, but collectively as the Board under the name of RESIDENTIAL MANAGEMENT SERVICES and to collectively act as herein set forth and according to the inalienable Common Law rights afforded to men. The wisdom, truth and good faith of this was demonstrated when the Congress of the United States Passed Public Law 97-280 declaring 1983 as the year of the Bible and for all persons to live by spiritual principles no matter what label one attaches to his faith in God. FIRST The SETTLOR hereby irrevocable [sic] assigns, conveys and gives to the Trustee, in trust, the following property: Cash: $100.00; SECOND The Trustee shall open and maintain such bank accounts as necessary to receive and hold said financial property, together with any additions thereto in trust for the use and benefit of the Trust Certificate Holders. Certificate 001 for 100 Trust Certificate Units issues as indicated below: SHASTA ENTERPRISES TRUST CERTIFICATE UNITS 100 * * * * * * * FOURTH This agreement and trust created hereby shall be administered, managed, governed and regulated in all respects according to the applicable statutes of the Uniform Trustees’ Powers Act and The Constitution ofPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011