Agreement to extend term of trust.

Be it known, that _________[name], is, as Trustee under the terms of a certain agreement dated _________, presently holding the record title to the following described real estate in the County of _________, State of _________: _________[legal description] and;

That the undersigned parties designated as Beneficiaries own the beneficial interest in the trust; and

That the trust in accordance with its provisions terminates _________[date of termination];

It is the desire of Beneficiaries and Trustee to extend the term of the trust for an additional _________[20] years;

In and for consideration of the sum of $_____[One Dollar] and other valuable consideration, the receipt and sufficiency of which are acknowledged, Beneficiaries and Trustee agree that the trust shall continue under the same terms and conditions for an additional _________[20] years.

Executed by Beneficiaries and Trustee on this _________[date].

[Signatures

 

 

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