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' 8 <br /> i <br /> ARTICLE II <br /> If my wife, MARIAH "G"."'McPHERSON,--predeceases„'me, and 'if my <br /> Z niece, MA`RY_,ELIZABETH..YGORDON;/be living at my death, I devise our <br /> /rte __ , <br /> X” <br /> . <br /> ..apartment�comp ex` at: 51] North`Nash Stareet;.-rand all the profits and <br /> losses therefrom to my son, L' IL IAM,,..EDWARD:w'McPHER50W,-1- -,fie" ­as-- <br /> =m----Trusteei­IN t-TRUSV,�� for the benefit of the said MARY ELIZABETH <br /> GORDON (hereafter the beneficiary) on the following terms: <br /> a) my trustee shall collect the rents, pay all expenses, <br /> repair, and upkeep to maintain the apartment complex, and apply the <br /> net proceeds, in his absolute discretion, for the benefit of the <br /> beneficiary; <br /> b) my Trustee may sell said apartment complex and invest and <br /> f <br /> re-invest the proceeds, in his absolute discretion; <br /> l <br /> C) in an event, m Trustee shall not apply an trust funds <br /> Y Y PP y y <br /> for the beneficiary's medical expenses; <br /> d) my Trustee shall allow the beneficiary to reside in the <br /> apartment complex; <br /> e) at the death of the beneficiary, this trust shall <br /> terminate and my Trustee shall transfer all trust assets, after <br /> payment of taxes, costs and fees, in equal shares to my son, <br /> WILLIAM EDWARD McPHERSON, JR. and my daughter, MARIA ANN .McPHERSON <br /> SKELTON; <br /> f) my Trustee shall be paid a reasonable fee for his <br /> services as Trustee. <br /> 2 <br /> I <br />