- 6 - DECLARATION OF IRREVOCABLE TRUST This Declaration of Irrevocable Trust is created this 15TH DAY OF August 1996, between CONTRACT ADMINISTRATORS TRUST, of Washington, D.C., hereinafter called the SETTLOR and AMERICAN FINANCIAL SERVICES, Washington, D.C., with mailing address of Washington D.C., Jeffery Williams and Douglas Carpa Officers [sic], hereinafter called the TRUSTEES, who are legal entities holding full title, not as individuals, hilt [sic] collectively as the Board under the name of RANCHO RESIDENTIAL FACILITY[6] * * *. * * * * * * * EIGHTH * * * A Successor-Trustee may be appointed by the current Trustee or Trustees, a court of competent jurisdiction, or by consensus with the and [sic] Beneficiaries if the First Trustee resigns with 30 days notice. NINTH The Trustee, by joining in the execution of this agreement, hereby signifies acceptance of this trust. * * * * * * * IN WITNESS WHEREOF, the parties hereto have executed this agreement the day and year first above written. /s/ /s/ CONTRACT ADMINISTRATORS AMERICAN FINANCIAL TRUST, SETTLOR, Enrique SERVICES TRUST, Almodovar FIRST TRUSTEE, Jeffery Williams, Trust Officer [Emphasis added.] Although the instrument identifies a Jeffery Williams and a Douglas Carpa as the “trustees”, only Jeffery Williams purportedly executed the document accepting his appointment on 6 The record indicates that Rancho Residential Facility and Rancho Residential Services Trust are one and the same.Page: Previous 1 2 3 4 5 6 7 8 9 10 Next
Last modified: May 25, 2011