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LAST WILL AND TESTAMENT
OF
ETTA L. PORT
I, ETTA L. PORT, domiciled and residing at 9841 Singleton
Drive, Bethesda, Maryland 20817, declare, make and publish this to
be my Last Will and Testament and revoke any and all wills and
codicils at anytime previously made by me.
ITEM I
PAYMENT OF FUNERAL AND BURIAL EXPENSES
I direct that the expenses of my funeral and burial, including
a grave site, grave stone and perpetual care, and expenses of my
last illness be paid out of my estate in such reasonable amount as
my personal representative may deem proper and without regard to
any limitation in the applicable local law as to the amount of such
expenses and without necessity of prior court approval.
ITEM II
DEATH TAXES AND COSTS BE PAID OUT OF RESIDUARY ESTATE
I direct that (a) all estate, inheritance, legacy, succession,
or transfer and any other death taxes and duties occasioned by my
death including any interest and penalty thereon imposed by any
law, whether incurred with respect to property passing by this Will
or otherwise, and (b) all costs of packing, shipping, insurance and
other charges incident to the distribution of any tangible personal
property herein, shall be paid by my personal representative out of
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the principal of my residuary estli..1:;:$/wiphiil..roright of reimbursement
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from any recipient of any such properties.
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ITEM III
TANGIBLE PERSONAL PROPERTY
I give and bequeath all of my tangible personal property,
including, but not limited to, clothing and wearing apparel,
jewelry, books, pictures, paintings, silver, china, crystal,
furniture and furnishings, and any automobiles, to my surviving
children, ELITHE PORT ELLIS, PATRICK G. PORT, MARY E. EATON, and
PATRICIA L. PAK, in equal shares.
If my children fail to agree
among themselves as to the distribution of specific items of
personal property, my personal representative may distribute the
property among them as he or she shall determine, in his or her
sole discretion, or add the property to the residuary estate.
ITEM IV
RESIDUARY ESTATE
In the event that the trust established by the ETTA L. PORT
REVOCABLE TRUST DECLARATION ("Declaration") dated a~t, /lrt;!;e. t:.U::J.
1993, created by me shall not have been entirely revoked or
terminated as of the date of my death, I give all of the rest,
residue and remainder of my property and estate of which I or my
estate may be in any manner entitled at the time of my death,
including any property or estate as to which I may have any power
of disposition or appointment (all said property hereafter referred
to as my "residuary estate") to the trustee of said trust, to be
held, administered and distributed in accordance with the terms and
conditions, powers, and restrictions set forth in the Agreement,
including any written amendments or modifications thereof.
If the
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Agreement has been entirely.revoked or terminated at or prior to
the date of my death, or in the event that, for any other reason,
my residuary estate shall not be entirely disposed of in accordance
with the provisions of this paragraph, I nevertheless direct my
entire residuary estate to be held, managed, invested and
reinvested in the same manner as described in the Declaration and
managed by the same successor trustee or the successors named in
the Declaration; and incorporate by reference the Declaration,
including any amendments, into this will.
If a court shall not
allow the Declaration to be incorporated into this will with its
amendments, it shall be incorporated in its original form without
regard to any amendments.
ITEM V
PERSONAL REPRESENTATIVE
I nominate and appoint my son, PATRICK G. PORT, as personal
representative of this my last will and testament. Should PATRICK
be unable or unwilling to serve, fails to qualify within a
reasonable time of receiving notice of his nomination, or resigns
after appointment, I nominate and appoint my daughter, PATRICIA L.
PAK,
to
serve as
first alternate or successor personal
representative. If PATRICIA is unable or unwilling to serve, fails
to qualify within a reasonable time of receiving notice of her
nomination, or resigns after appointment, I nominate and appoint my
son-in-law, BECK PAK, as second alternate or successor personal
representative. I direct that neither my personal representative
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nor any successor or alternate be required to give bond or
undertaking or security thereon in any jurisdiction.
ITEM VI
EXCULPATION CLAUSE
My personal representative shall not be liable for any loss,
including insufficient rate of return or appreciation of principal,
destruction or other injury of or to the assets in their possession
unless such loss is occasioned by willful fraud, default or
misconduct.
ITEM VII
FIDUCIARY POWERS AND AUTHORITY
I authorize and empower my personal representative, as my
fiduciary to exercise from time to time in his or her absolute
discretion and without prior authority from any court, with respect
to any property of my estate, all powers set forth in Section
15-102 of the Estates and Trusts Article of the Annotated Code of
Maryland, and all powers, authorities and discretion conferred by
law or under any rule of court, and those expressed in this will,
all such powers to be construed in the broadest possible manner.
My personal representative shall have full discretionary
power, without order or approval of any court, to:
(1) take any
action desirable for the administration of my estate, including the
power to sell at public or private sale, any real or personal
property belonging to my estate at whatever prices and upon
whatever terms they shall deem advisable; (2) retain, invest or
reinvest in any property without responsibility for diversification
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and without being restricted by any rule of law or court limiting
investments; (3) hold any securities in the name of a nominee; (4)
to compromise any claims to the same extent I could, if living; and
(5) distribute in kind or in money, or partly in each.
IN WITNESS WHEREOF, I have set my hand to this my Last Will
and Testament, and on each of the preceding four (4) pages, I have
affixed my initials for better identification, this /~~day of
.
~' 1993.
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ETTA L. PORT
(SEAL)
The foregoing instrument was signed, published and declared by
the Testatrix as and for her Last Will and Testament in our
presence, and we, at her request, and in her presence, and in the
presence of each other, have hereunto subscribed our names as
witnesses the day and year above written.
WITNESSED:
~~~ ::> Address: /&/3 LLJ~ L~
/pO~/7<~ //70 CJOd675
t.D.1JclrO-~ Yr?aJd:J..;.. Address: 9t9.r ~~ if7
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OATH OF NON-SUBSCRIBING WITNESS(ES)
REGISTER OF WILLS
CUMBERLAND COUNTY, PENNSYLVANIA
2007-00366
Estate of
ETTA L. PORT
, Deceased
PATRICK G. PORT
and
PATRICIA L. PAK
(each) being duly qualified according to law, depose(s) and say(s) that she / he / they was / were well-
acquainted with ETTA L. PORT and am/are familiar
with the handwriting and signature of the decedent, and that the signature of ETTA L. PORT
to the foregoing instrument purporting to be the Last Will and Testament/Codicil of ETTA L. PORT
is in hislher own proper handwriting.
{l~ 010~ iI?-L-
(SignafUr,
/ lf13S N/-"LA.J L"u T Jtobd
(Street Address)
;170u..--,f fi t'Y~ )1-1 D .;< J 77 J
(City. State. Zip) U.)
Executed in Register's Office
Sworn to or affirmedSd subscribed
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before me this day
qf~ .1.).fl-c..-L , cQ1ro1 .
:'~~}lkt:~~ l~Qn
_.Deputy f.or Register of Wills ~
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Fonn RW-04 rev. /0./3.06