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2015-061672 RETURN RECORDED DOCUMENT TO: CITY HALL RECORDS DEPARTMENT, Washington County,Oregon 2015-061672 ' - 07/23/2015 12:30:46 PM CITY OF TIGARD D-DD Cnt=1 Stn=29 RECORDS1 13125 SW Hall Blvd. $90.00$5.00$11.00$20.00-Total=$126.00 Tigard,OR 97223 INDIVIDUAL I IIII I II I1111111 11 1111111 111111 02069724201500616720180188 I,Richard Hobernicht,Director of Assessment and 4;i•1a0r1, File No.N/A Taxation and Ex-Offlelo County Clerk for Washington County,Oregon,do hereby certify that the within , . Instrument of writing was received a d re orded in the I. irL book of records of said cou � a•DEDICATION DEED Richard Hobernlcht,Director of Assessment and Taxation,Ex-Officio County Clerk FOR ROAD OR STREET PURPOSES Space above reserved for County Recording Information information Georgia V. Peterson, Trustee of the Georgia V. Peterson Revocable Living Trust u/t/a Dated July 30, 2008 does hereby dedicate to the public a perpetual right-of-way for street, road, and utility purposes on, over, across,under,along,and within the following described real property in Washington County,Oregon: Attached Exhibit"A" To have and to hold the above-described and dedicated rights unto the public forever for uses and purposes hereinabove stated. The grantors hereby covenant that they are the owner in fee simple and the property is free of all liens and encumbrances,they have good and legal right to grant their right above-described,and they will pay all taxes and assessments due and owing on the property. The true consideration for this conveyance is$0.00. However,the actual consideration consists of or includes other property or value given or promised which is the whole consideration. IN WITNESS WHEREOF,I hereunto 1 y hand on this '9 day of --3-11-4-t. ,2015. Signature Signature 1148 7 ol'vv J /P0,5 aryl/ Tax Statement Mai mg Address Property Address jerk. d. 97 zz3 0 cC ( 9.7zzL3 STATE OF OREGON ) ss. County of ;Al. .LPL.: PJ �� This nis was aclmow edge_ before me on f (date) by b �� ` 6� - (12 ,as Juxw (Title) of the Georgia V.Peterson Revocable Living Trust u/t/a Dated July 30,2008. low _ OFFICIAL STAMP HEATHER MICHELLE KEY � NOTARY PuauC OREGO —/�r` �K�;�iiv COMMISSION NO.930423 otary Signature 's Signat „ MY COMMISSION EXPIRES JULY 15,2018 —�� My Commission Expires: —45 Accepted on behalf of the City of Tigard this I j day of, IT✓11 2015. City Engineer Y:100 Active Projects11 5003 Tigard Intili SidewalldParcets104 PetersonWWIRWIP-Pelson Dedication Deed.docx r �� C Land Surveyors EXHIBIT A SHEET l OF 2 ADDITIONAL RIGHT OF WAY DEDICATION(TAX LOT 2301 IS 13SCA) A PARCEL OF LAND SITUATED IN THE SOUTHWEST 1/4 OF SECTION 35, TOWNSHIP 1 SOUTH, RANGE 1 WEST, WILLAMETTE MERIDIAN, WASHINGTON COUNTY, OREGON AND BEING A PORTION OF THAT PROPERTY DESCRIBED IN WARRANTY DEED(TO GEORGIA V. PETERSON, TRUSTEE OF THE GEORGIA V. PETERSON REVOCABLE UVING TRUST ult/a DATED JULY 30, 2008) RECORDED AS DOCUMENT NUMBER 2008-070581,WASHINGTON COUNTY DEED RECORDS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE WESTERLY RIGHT OF WAY LINE OF S.W. 95TH AVENUE WITH THE NORTHERLY RIGHT OF WAY LINE OF S.W, GREENBURG ROAD; THENCE NORTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE OF S.W. 95TH AVENUE 14.22 FEET; THENCE LEAVING SAID WESTERLY RIGHT OF WAY LINE SOUTHWESTERLY TO A POINT ON THE AFOREMENTIONED NORTHERLY RIGHT OF WAY LINE OF S.W. GREENBURG ROAD WHICH IS LOCATED WESTERLY 11.45 FEET FROM THE POINT OF BEGINNING;THENCE EASTERLY ALONG SAID NORTHERLY RIGHT OF WAY UNE 11.45 FEET TO THE POINT OF BEGINNING. REGISTERED PROFESSIONAL LAND :. ••R JULY H,ION DON D;EMJPJCK DATE OF SIGNATURE .1j � ELMS I!l11M18 N 4107 SE International Way,Suite 705,Milwaukte,Oregon 97222 w Phone:503.653.8093 Fax:503.653.9095 Email:compass®compass.landsurveyora.com 2100 Active Projects115-003 Tigard IMill Sidewalklparcels104 Peterson\WIPIWIP-Peterson Dedication Deed.docx . w • TAX LOT 2301 20' I 25' — — MAP 1S-1-35CA OWNER: GEORGIA V. PETERSON TRUSTEE OF THE GEORGIA V. PETERSON REVOCAIIE LIVING 'UST u/t/o/ DATED ,ALLY 30. 2008 1 rq DOC. NO. 2008-070581 aa) 1 y IIG.47 14.22' 11.45' POINT OF I • EEOINNINO I Shy URG 1 1 REGISTERED E PROFESSIONAL W � -- LAND:• SEWS JULY 14,1 a 20 0 20 DON DEVLAEMINCK 1534 DATE of SIGNATURE:y__ Scale: 1"a 20' EXPIRES 12/31/2015 7473 Et EXHIBIT"A" >lh. C.4'MPASS Land Surveyors LOCATED IN THE SW 1/4 OF SEC.35, 2 4107 SE International Way,8utte 7t1S T.1S., R.1 W.,WA.,WASHINGTON Mliwandde,Oregon 222 808 008,3 COUNTY,OREGON 2 on Z:100 Active Projects115-003 Tigard Infill SidewalktParcels104 Peterson\WIPIWIP-Peterson Dedication Deed.docx ti REVOCABLE LIVING TRUST AGREEMENT DATE: July 30, 2008 SETTLOR: Georgia V. Peterson TRUSTEE: Georgia V. Peterson ARTICLE 1 TRUST 1.1 DECLARATION OF TRUST. I,Georgia V.Peterson,as settlor,establish a trust with Georgia V.Peterson("my trustee"),as trustee. All property which is made subject to this trust shall be held, administered, and distributed in accordance with this agreement. 1.2 NAME OF TRUST. This trust may be called the Georgia V. Peterson Revocable Living Trust. 1.3 TRUST PROPERTY. The trust estate shall consist initially of the property described on Schedule A, which I transfer,to my trustee as of the date this agreement is executed. My trustee acknowledges receipt of this property and agrees to treat the property as part of the trust estate. 1.4 ADDITIONS TO TRUST. My trustee may receive other property that is transferred by will or otherwise to my trustee by me or by any other person. My trustee shall have the sole discretion to accept additions to the trust. 1.5 REVOCATION OR WITHDRAWAL. I reserve the right to revoke this agreement or to withdraw all or any portion of the trust property. Revocation or withdrawal shall be made only by a written instrument signed by me as settlor and filed with my trustee. 1.6 AMENDMENT. I reserve the right to amend this agreement. Amendment shall be made only by a written instrument signed by me as settlor and accepted by my trustee. 1.7 PERSONAL POWERS. The rights of revocation, withdrawal, and amendment reserved by me must be exercised solely by me and may not be exercised by any other person,except by a conservator or guardian with court approval or by an agent acting under a durable power of attorney that specifically authorizes such action. GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 1 of 14 1.8 SUCCESSOR TRUSTEE. If I die, resign, or become financially incapable, I name Kathryn A. Snyder,of Tigard,Oregon,as successor trustee. If Kathryn A. Snyder fails to qualify or ceases to act as successor trustee, I name Patricia L. Kraft, of Hillsboro, Oregon, as my successor trustee. 1.9 FINANCIAL INCAPABILITY. 1.9(a) DEFINITION. For purposes of this instrument, I shall be considered financially incapable if I become unable to manage either my own financial resources or the financial affairs of the trust. 1.9(b) WRITTEN DETERMINATION. The determination that I am financially incapable shall be in writing and signed by the person or persons making the determination. 1.9(c) PROCEDURE FOR DETERMINING WHETHER I AM FINANCIALLY INCAPABLE. ' My successor trustee shall determine whether I am financially incapable upon consultation with any treating physician. 1.9(d) ACCESS TO PROTECTED HEALTH INFORMATION. To the extent reasonably necessary to obtain the opinion of a physician or other specialist about whether I am financially incapable,I waive any physician-patient privilege or other privilege which otherwise would protect me against the disclosure of confidential information. In addition, despite my privacy rights under the Health Insurance Portability and Accountability Act(HIPAA),I specifically authorize any health care professional or facility to disclose all health information about me to the person or persons given the authority under section 1.9(c)to determine whether I am financially incapable. I designate these persons as my personal representatives for purposes of HIPAA. 1.9(e) COURT DETERMINATION. I shall also be considered financially incapable if a court determines that I am unable to manage either my own financial resources or the financial affairs of the trust,provided that I have received actual notice and had an opportunity to be present at any hearing. My trustee or any person having access to this instrument may bring it to the attention of the court, any guardian ad litem, or an attorney acting as my individual counsel for the purpose of protecting my interests. If a guardianship or conservatorship proceeding is contemplated or instituted, I express my strong desire that any court order be limited to its 'finding regarding whether I am financially incapable and that my financial affairs be managed without court supervision under the terms of this instrument. 1.9(f) NONLIABILITY OF TRUSTEE. My trustee or successor trustee shall not be liable for any acts or omissions resulting from reliance in good faith on a determination that I am financially incapable. 1.9(g) CONTESTING FINANCIAL INCAPABILITY. If I object to a determination or proposed determination that I am financially incapable, I reserve the right to contest the question. GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 2 of 14 The costs of any contest, including attorney fees, mediation, and arbitration, shall be paid from the trust estate. 1.9(h) RECOVERY OF FINANCIAL CAPABILITY. If I recover financial capability and give written notice to my trustee, I shall once again have the ability to exercise all powers granted to me under this instrument. Whether I have recovered financial capability may be determined by my trustee, by my treating physician in writing, or by court order. ARTICLE 2 FAMILY 2.1 SPOUSE. I am not married. 2.2 DESCENDANTS. My presently living children are: Kathryn A. Snyder Kenneth M. Peterson Patricia L. Kraft References to "my children" include any child later born to or adopted by me. I acknowledge my son, Kenneth M. Peterson, however, I have chosen not to provide for him in this or any other document. ARTICLE 3 TRUST DISTRIBUTIONS DURING MY LIFE During my lifetime, the trust shall be administered and distributed as follows: 3.1 REQUESTED DISTRIBUTIONS. My trustee shall distribute to me or for my benefit those amounts of income or principal which I request. My trustee may require that requests be in writing. 3.2 DISTRIBUTIONS IF I BECOME FINANCIALLY INCAPABLE. If I become financially incapable, my trustee shall distribute to me or for my benefit those amounts of income or principal which are necessary for my health, education, support, and maintenance or which my trustee considers advisable for my reasonable comforts. 3.3 TRUST ADMINISTRATION AFTER I BECOME FINANCIALLY INCAPABLE. In making distributions of income or principal after I become financially incapable,my trustee shall be guided by the following instructions: GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 3 of 14 3.3(a) TRUST PURPOSE. The primary purpose of this trust is to provide me with the highest possible quality of life. My trustee shall be liberal in making distributions of income or principal to accomplish this purpose. The rights of other trust beneficiaries shall be secondary to my rights as a trust beneficiary. 3.3(b) HEALTH AND NEEDS ASSESSMENT. I authorize my trustee to take appropriate steps to determine my physical health, psychosocial health, and functional needs by employing a geriatric care manager,my physician,medical specialists,therapists,or other persons. To the extent necessary to permit such an assessment, I waive any physician-patient privilege or other privilege which otherwise would protect me against the disclosure of confidential information and specifically authorize any health care professional or facility to disclose all health information about me to my trustee despite the provisions of the Health Insurance Portability and Accountability Act.I designate my trustee as my personal representative for purposes of HIPAA. 3.3(c) PREFERENCE TO REMAIN IN MY HOME. I direct my trustee to use income and principal of the trust to allow me to remain in my home as long as medically possible. My trustee may arrange for housekeeping, laundry, meal preparation, personal care, health care, and other services and for any structural modifications which may be necessary to allow me to remain in my home. In addition, my trustee may retain a geriatric care manager to establish and supervise home care for me and to develop a home care plan. If 24-hour nursing care is required,I direct my trustee to obtain such care (including any necessary equipment) as is reasonable under the circumstances. I express my strong desire to remain in my home rather than being placed in a nursing home or other care facility. 3.3(d) SELECTION AND MONITORING OF LONG-TERM CARE FACILITY. If my trustee determines that I must be placed in a long-term care facility, I direct my trustee to select the facility which offers the highest quality of care and most comfortable surroundings reasonably available. My trustee shall ensure that my care is monitored at least weekly by my trustee, or by a geriatric care manager or another qualified person hired for that purpose. My trustee may arrange for any additional personal,companion,nursing,therapy,or other services which may be necessary to provide for my comfort and well-being. In addition, my trustee may arrange for a private room, furnishings, special food, and other amenities. 3.3(e) DESIRE NOT TO BE PLACED IN NURSING HOME. I express my strong desire that I be placed in a facility affording me the highest level of independence possible (such as a retirement residence or assisted living facility)rather than in a nursing home. 3.3(f) HOSPITALIZATION. If I am hospitalized, my trustee may make any distributions required to provide me with a level of care beyond that which normally would be provided to a patient. For example, my trustee may arrange for a private room or for additional nurses or other caregivers to supplement the usual level of care. 3.3(g) HOSPICE CARE. If I require hospice care but no hospice organization can provide GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 4 of 14 care on a 24-hour basis, I direct my trustee to hire supplemental nurses or other caregivers as necessary to work with the hospice professionals and provide any required medical services, pain control, and comfort care in their absence. I express my strong desire that this type of care be provided by professionals so that my loved ones will not be responsible for my care but instead can be available to provide me with the highest possible quality of companionship. 3.3(h) TRANSPORTATION, RECREATION, AND TRAVEL. My trustee shall provide me with suitable transportation, appropriate recreational activities (such as restaurant meals and attendance at musical, theatrical, or sporting events), and travel as my health permits. In addition, my trustee may .pay the reasonable expenses of any companion who accompanies me in such activities or travel. 3.3(i) VISITORS AND COMPANIONS. My trustee may pay the reasonable expenses of relatives or friends in traveling to the place where I reside. In addition, my trustee shall hire or arrange for volunteer companions when necessary to enhance my quality of life,particularly if I am living in my home or in a facility where social interaction otherwise is not adequately available to me. In selecting companions, my trustee shall consider my personal preferences. 3.3(j) GROUP AFFILIATIONS. To the extent feasible, my trustee shall provide for my continued membership and participation in any social, political, religious, or other groups or organizations to which I belonged prior to becoming financially incapable. For example,my trustee may pay dues or membership fees,arrange for me to attend group meetings and activities,continue my established pattern of making contributions or gifts, and purchase books, tapes, and other materials. 3.3(k) DISPOSITION OF TANGIBLE PERSONAL PROPERTY. My trustee shall not dispose of my household goods and furnishings, clothing,jewelry, personal effects, animals, and similar tangible personal property unless my trustee obtains my written permission or reasonably determines that I will not require particular items in the future. I authorize my trustee to pay for any required storage,packaging, or other protection of this property. 3.3(1) LEGAL REPRESENTATION. At my request,my trustee shall retain an attorney to act as my individual counsel for the purpose of protecting my interests and ensuring that the instructions contained in this instrument are followed and will be accepted by a court as being in my "best interests." If I am unable to make a request,I authorize my trustee to retain an attorney on my behalf for the same purpose. 3.3(m) INDEPENDENT FINANCIAL ADVISOR. At my request, my trustee shall retain an independent financial advisor to review the trust accountings with me and address any questions or concerns about trust management and distributions made from the trust. GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 5 of 14 • ARTICLE 4 SPECIFIC DISTRIBUTIONS AFTER MY DEATH After my death: 4.1 TANGIBLE PERSONAL PROPERTY. To the extent included in the trust estate,my trustee shall distribute any interest I have in household goods and furnishings, personal vehicles, recreational equipment, clothing, jewelry, personal effects, animals, and other tangible personal property for personal or household use,together with any insurance on this property,to my daughter, Kathryn A. Snyder, if she survives me. If she does not survive me, I give this property in substantially equal shares to my daughter, Patricia L. Kraft, if she survives me, and my grandson, Michael K. Snyder, if he survives me. 4.1(a) DIVISION OF PROPERTY. If Kathryn A. Snyder does not survive me,this property shall be divided as my beneficiaries agree or, if they do not agree, as my trustee determines. 4.1(b) BENEFICIARY UNDER AGE 18. However,if the youngest beneficiary is under the age of 18 at my death,my trustee shall have discretion to do the following with any of this property: distribute it directly to one or more of the beneficiaries(or to a guardian or any suitable person with whom a beneficiary resides)regardless of age of any beneficiary or inequality of distribution, keep it for later distribution, sell it and distribute the proceeds, or sell it and add the proceeds to the residue of my trust estate. 4.1(c) WRITTEN DOCUMENT STATING MY WISHES. If my trustee locates a written document signed by me stating my wishes about the disposition of any of the tangible personal property described in this section,I request that my trustee be guided by those wishes. However,the document shall be only an expression of my wishes and shall not create any trust or binding obligation. 4.2 CASH GIFT. My trustee shall distribute the following sums of money to each of the following individuals who survive me: 4.2(a) One hundred dollars ($100.00) to my grandchild, Tiffany Craig; 4.2(b) One hundred dollars ($100.00) to my grandchild, Morgan Craig; 4.2(c) One hundred dollars ($100.00) to my grandchild Nicole Craig. 4.3 COSTS OF PACKING AND SHIPPING. I direct my trustee to pay as an expense of my trust estate all reasonable costs for packing, insuring, and delivering any tangible personal property to any beneficiary. GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 6 of 14 ARTICLE 5 DISTRIBUTION OF TRUST RESIDUE 5.1 DESCENDANTS. At my death, my trustee shall distribute the residue of the trust estate to Kathryn A. Snyder if she survives me. If Kathryn A. Snyder does not survive me, my trustee shall distribute the residue of the trust estate in equal shares to Patricia L. Kraft and Michael K. Snyder,one share for each who is then living and one share by right of representation for the then surviving descendants of each who is then deceased. However,the share of Michael K. Snyder shall continue in further trust and shall be held, administered, and distributed as follows: 5.1(a) DISTRIBUTIONS. My trustee shall distribute no greater than four hundred dollars per month to Michael K. Snyder until the trust is exhausted. 5.2 CONTINGENT BENEFICIARIES. If none of my descendants survive me,my trustee shall distribute the residue of the trust estate as follows: to those persons surviving me who would be entitled to receive my intestate property as determined by Oregon law at the time of my death. ARTICLE 6 TRUST ADMINISTRATION 6.1 DEFINITIONS. The definitions in this section shall apply for purposes of this instrument. 6.1(a) BENEFICIARY. `Beneficiary"means a person who has a present or future beneficial interest in a trust,whether vested or contingent,or holds a power of appointment over trust property in a capacity other than that of trustee. 6.1(b) PERMISSIBLE DISTRIBUTEE. "Permissible distributee"means a beneficiary who is currently eligible to receive distributions of trust income or principal, whether the distribution is mandatory or discretionary. 6.1(c) QUALIFIED BENEFICIARY. "Qualified beneficiary"means a beneficiary who is a permissible distributee, who would be a permissible distributee if the interests of all permissible distributees terminated,or who would be a permissible distributee if the trust terminated. "Qualified beneficiary" also includes the other persons described in ORS 130.040. 6.1(d) FINANCIALLY INCAPABLE AND FINANCIALLY CAPABLE. "Financially incapable," which is defined in ORS 125.005, means a condition in which a person is unable to manage financial resources effectively because the person cannot take the actions necessary to obtain,administer,and dispose of real and personal property,intangible property,business property, GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 7 of 14 benefits, and income. "Financially capable"means not financially incapable. 6.2 NO TRUST BENEFICIARY. Except as otherwise provided in section 6.3,if at any time no named or described beneficiary of any trust remains, my trustee shall distribute the remainder of the trust as provided in section 5.2, as if I had died at the termination of the trust. 6.3 SPENDTHRIFT TRUST. The interest of any beneficiary in income or principal may not be voluntarily or involuntarily anticipated, alienated, or encumbered and shall not be subject to claims of creditors or others or to legal process. This spendthrift provision is a material purpose of each trust created by this instrument. The limitations in this section shall not restrict the exercise of any power of appointment or the right to disclaim. However,no beneficiary shall be entitled,by use of disclaimer, either to accelerate the time when any distribution would otherwise be made to that beneficiary or to cause any trust to terminate and be distributed to that beneficiary outright prior to the trust's normal termination date. 6.4 RULE AGAINST PERPETUITIES. Despite any other provision of this instrument, each trust created by this instrument shall terminate not later than 21 years after the death of the last survivor of my descendants living at my death. Upon termination, my trustee shall distribute the trust property to the persons then entitled to distributions of income, in the manner and proportions stated in this instrument(or,if not stated,then equally)and regardless of their ages. If no beneficiary is entitled to receive income,each trust shall be distributed as if it had then terminated in accordance with its terms. 6.5 UNDISTRIBUTED INCOME. Any trust income not distributed shall be added to and become part of the principal of the trust. Income accrued or undistributed at the termination of a beneficiary's interest in a trust shall be added to and become part of the principal of that trust,and any rights of that beneficiary to that income shall terminate. 6.6 CONSIDERATION OF OTHER INCOME OR PROPERTY. In making discretionary distributions, my trustee may, but is not required to, consider any other income, support, or property available to the beneficiary. 6.7 COMBINATION AND DIVISION OF TRUSTS. My trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts, if the result does not materially impair rights of any beneficiary or adversely affect achievement of the purposes of the trust. My trustee may combine and divide trusts without prior notice to the qualified beneficiaries. 6.8 LIFE INSURANCE PROCEEDS. My trustee shall collect the proceeds of any life insurance policy for which my trustee is the beneficiary, and shall hold those proceeds under the terms of this instrument. Payment to my trustee shall be a full discharge of the insurance company on account of the policy,and the insurance company shall not be responsible for the proper discharge of the trust. My trustee has no duty to begin collection proceedings or litigation to enforce payment of any life insurance policies until reasonable provision has been made to indemnify my trustee for GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 8 of 14 all anticipated expenses and liabilities. 6.9 DISTRIBUTION UPON TERMINATION BY CONSENT. If any trust created by this instrument is terminated by a court upon the consent of the beneficiaries, my trustee shall distribute the remaining trust property to in accordance with its terms. 6.10 TERMINATION OF UNECONOMIC TRUST. If my trustee concludes that the value of any trust is insufficient to justify the cost of administration, my trustee may terminate the trust after notice to the qualified beneficiaries.However,my trustee may not terminate a trust if the trustee is a beneficiary of the trust or has a duty of support for a beneficiary of the trust. Upon termination of the trust, my trustee shall distribute the trust property in a manner consistent with the purposes of the trust.. 6.11 PRINCIPAL PLACE OF ADMINISTRATION. The principal place of administration of any trust established under this instrument is the state of Oregon. My trustee may transfer the principal place of administration to another jurisdiction that is appropriate to the trust's purposes, the trust's administration, and the interests of the beneficiaries. My trustee need not give the qualified beneficiaries notice of a proposed transfer, or obtain a court order or consent of any beneficiary to the transfer. 6.12 NOTICE, INFORMATION, AND REPORTS. To the extent allowed by law, the provisions of this instrument shall govern my trustee's duty to furnish notice, information, and reports with respect to any trust established under this instrument. 6.12(a) DURING MY LIFETIME. While I am alive, my trustee shall furnish notice, information, and reports only to me. Other beneficiaries shall have no right to receive notice, information, or reports. 6.12(b) OTHER CIRCUMSTANCES. After my death, if a trust has no trust protector,my trustee's duties shall be as follows: 6.12(b)(1) NOTICE. My trustee shall notify qualified beneficiaries of the existence of the trust, the identity of the trustee, and their right to receive trustee reports. 6.12((b)(2) TRUSTEE REPORTS. My trustee shall send a trustee report to qualified beneficiaries who request the report. 6.12(b)(3) OTHER INFORMATION. My trustee shall respond to the request of a qualified beneficiary for other information reasonably related to the trust's administration.At my trustee's sole discretion,my trustee may respond to a reasonable request for such information from a beneficiary who is not a qualified beneficiary. 6.12(b)(4) COPY OF TRUST INSTRUMENT. My trustee shall not be required to furnish GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 9 of 14 a copy of the trust instrument to any beneficiary. 6.12(b)(5) TRUSTEE'S COMPENSATION. My trustee shall be required to notify the qualified beneficiaries in advance of any change in the method or rate of the trustee's compensation. 6.12(b)(6) WAIVER. A qualified beneficiary may waive the right to a trustee report or any other information otherwise required to be furnished to the qualified beneficiary. ARTICLE 7 TRUSTEE POWERS As to each trust created by this instrument, my trustee shall have all powers conferred on a trustee by Oregon law as now existing or later amended. In addition,my trustee shall have the power to: 7.1 MANAGE AND DISPOSE OF ASSETS. Manage, maintain, improve, lease,grant options on, encumber, sell, exchange, or otherwise dispose of part or all of the trust estate in any manner and on any terms my trustee considers beneficial to the trust estate. 7.2 RETAIN ASSETS. Retain any property and continue to operate any business for so long as my trustee considers retention of probable benefit to the trust estate and the trust beneficiaries. 7.3 MAKE INVESTMENTS. Invest and reinvest the trust estate in common or preferred stocks,bonds,mutual funds,common trust funds,secured and unsecured obligations,mortgages,and other property,real or personal, which my trustee considers advisable and in the best interest of the trust estate, whether or not authorized by law for the investment of trust funds. 7.4 RECEIVE COMPENSATION. Receive reasonable compensation for my trustee's own services and reimbursement for expenses incurred in administering the trust estate. 7.5 ADVANCE FUNDS OR BORROW. Advance my trustee's own funds to the trust for any trust purposes at prevailing rates of interest(with any advance to be a lien on the trust estate) and borrow money for those purposes and upon those terms and conditions which my trustee considers to be in the best interest of the trust estate. 7.6 PURCHASE ASSETS AND MAKE LOANS. Purchase assets at their fair market value (as determined by my trustee) from my probate estate, and make secured or unsecured loans to my probate estate, for any reason my trustee believes will benefit my probate estate. 7.7 COMBINE MANAGEMENT OF SEPARATE TRUSTS. Hold the trust estate as an undivided whole without separation into any separate trusts for as long as my trustee considers GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 10 of 14 suitable and allot undivided interests in any asset to any separate trusts, but no undivided holding shall defer vesting or distribution under the trusts. 7.8 CHOOSE MANNER OF MAKING DISTRIBUTION. Make any distribution in any of the following ways to a beneficiary who is a minor, financially incapable, under legal disability, or considered by my trustee to be unable to handle property if paid to the beneficiary directly, without liability to my trustee: 7.8(a) Directly to the beneficiary. • 7.8(b) Except as otherwise provided in this instrument, to a custodian for the beneficiary under the Oregon Uniform Transfers to Minors Act until the beneficiary attains the age of 25 years, at which time the custodianship shall terminate and the custodial property shall be transferred to the beneficiary. 7.8(c) To the beneficiary's guardian,conservator,or any other fiduciary for the beneficiary. 7.8(d) To any person or organization furnishing health care, education, support, or maintenance. 7.9 DEAL WITH ENVIRONMENTAL MATTERS. Inspect and monitor property to determine compliance with environmental laws,take action to prevent or remedy violations, settle environmental claims,decline to accept property which could result in liability under environmental laws or impair the value of the trust estate, and disclaim any power which could cause my trustee to incur personal liability for violation of environmental laws. My trustee shall not be liable to any trust beneficiary for any decrease in the value of the trust estate as a result of these actions. 7.10 RETIREMENT PLANS AND OTHER BENEFITS. Select a mode of payment and exercise rights under any employee benefit or retirement plan, annuity, or life insurance policy. 7.11 DO OTHER ACTS. Except as otherwise provided in this instrument,do all acts that might legally be done by an individual in absolute ownership and control of property and which in my trustee's judgment are necessary or desirable for the proper and advantageous management of the trust estate. ARTICLE 8 TRUSTEE 8.1 RESIGNATION OF TRUSTEE. My trustee may resign at any time.Any resignation shall be in writing and shall become effective only upon written acceptance of the trust by a successor trustee. If my trustee becomes financially incapable, my trustee shall be deemed to have resigned. GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 11 of 14 8.2 DESIGNATION OF ALTERNATE OR SUCCESSOR TRUSTEE. If a trust has no alternate or successor trustee, a majority in interest of the current income beneficiaries of the trust may designate a trustee of that trust.Any designation shall be in writing,signed,and delivered to the designated alternate or successor trustee. If no alternate or successor trustee is designated,any court having jurisdiction may appoint a trustee at the request of any person interested in the trust. Any alternate or successor trustee shall be a corporate trustee. 8.3 TRUSTEE REPORTS. At least annually and upon termination of the trust, my trustee shall prepare a report listing the trust property (and market values, if feasible), liabilities, receipts, and disbursements, including the source and amount of my trustee's compensation. In addition, my trustee shall prepare a trustee report upon ceasing to be trustee, unless a co-trustee remains in office. My trustee shall furnish a copy of the trustee report to the persons specified in this instrument or, if not specified in this instrument, to the persons required by law to receive a copy. A personal representative or other fiduciary may provide the report on behalf of a deceased or financially incapable trustee. A beneficiary may waive the right to receive a copy of trustee reports, including future reports, and may withdraw a waiver at any time for the purpose of future reports. 8.4 TRANSFER TO SUCCESSOR TRUSTEE. Upon acceptance, a successor trustee shall succeed to all rights,powers, and duties of the trustee. All right, title, and interest in the trust property shall vest in the successor trustee. The prior trustee shall, without warranty, transfer the existing trust property to the successor trustee. A successor trustee shall not have any duty to examine the records or actions of any former trustee and shall not be liable for the consequences of any act or failure to act of any former trustee. 8.5 NO BOND REQUIRED. No bond or other undertaking shall be required of any individual trustee of any trust. ARTICLE 9 GENERAL ADMINISTRATIVE PROVISIONS 9.1 SURVIVORSHIP. A beneficiary under this instrument shall be considered to survive me only if the beneficiary is living on the ninetieth day after the date of my death. 9.2 DESCENDANTS. "Descendants" means all naturally born or legally adopted descendants of the person indicated. Distribution to a person's descendants by "right of representation" means a division into equal shares, counting one share for each living descendant at the nearest generation containing at least one living taker and one share for each deceased descendant at that generation who leaves one or more then surviving descendants. Each living descendant at the nearest generation receives one share. The share of each deceased descendant at that generation passes by right of representation to his or her then surviving descendants. 9.3 TAXES. GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 12 of 14 9.3(a) GENERAL DIRECTION TO PAY DEATH TAXES. Except as provided in section 9.3(b), I direct my trustee to pay out of the residue of the trust estate, without apportionment, all estate, inheritance, and other death taxes(including interest and penalties)payable by reason of my death on property in or passing into any trust created by this instrument at or as a result of my death. If the residue of the trust estate is insufficient to pay all such death taxes, the excess shall be apportioned according to Oregon law. 9.3(b) SPECIAL DIRECTIONS. 9.3(b)(1) COLLECTING DEATH TAXES. If death taxes are required to be apportioned or allocated in accordance with this instrument, my trustee may in the first instance pay such taxes out of the trust estate. However, so far as reasonably possible, my trustee may deduct the amount of such taxes from the amount distributable to each beneficiary and shall recover the appropriate share from all other beneficiaries for the benefit of the trust estate. 9.3(b)(2) PAYMENT OF DEATH TAXES TO MY PERSONAL REPRESENTATIVE. If death taxes are required to be apportioned or allocated in accordance with this instrument,my trustee may upon reasonable notice pay to any personal representative of my estate all or any part of any such death taxes. 9.4 DEBTS AND EXPENSES. Ifmy trustee determines that other provision has not been adequately made,my trustee shall pay out of the residue of the trust estate, without apportionment, any debts of mine as they come due,expenses of my last illness and funeral, and expenses incurred in administering or distributing my probate or trust estate. 9.5 ELECTIONS,DECISIONS,AND DISTRIBUTIONS. I authorize my trustee to make any election or decision available to my trust under federal or state tax laws,to make pro rata or non- pro rata distributions without regard to any differences in tax basis of assets distributed,and to make distributions in cash, in specific property, in undivided interests in property, or partly in cash and partly in property. The good faith decisions of my trustee in the exercise of these powers shall be conclusive and binding on all parties, and my trustee need not make any adjustments among beneficiaries because of any election, decision, or distribution. 9.6 CHANGE IN CORPORATE FIDUCIARY. If any corporate fiduciary is merged or voluntarily liquidated into or consolidated with another entity having the required fiduciary powers, the successor shall have all powers granted to the original corporate fiduciary. 9.7 BENEFITS SOLELY FOR DESIGNATED BENEFICIARIES. I intend that all gifts made and all trusts created under this instrument benefit only the persons I have named or described in this instrument. I understand that, at the time a beneficiary's marriage or domestic partnership terminates, a court might determine that a gift or trust is for the benefit of the beneficiary's spouse or domestic partner as well as for the beneficiary. I expressly declare that no spouse,former spouse, or domestic partner of any beneficiary contributed to the acquisition of property disposed of under GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 13 of 14 this instrument, and no such person is the object of my donative intent. I do not intend that any present or future spouse, former spouse, or domestic partner of any beneficiary, particularly of a beneficiary who is a child or other descendant of mine, receive any direct or indirect benefit whatsoever from any property in my probate or trust estate. These statements should be considered as clear and convincing evidence of my intent. 9.8 GOVERNING LAW. The validity and construction of this instrument shall be determined under Oregon law in effect on the date this instrument is signed. Oregon law shall continue to govern despite a change in the principal place of administration of any trust created under this instrument. 9.9 CAPTIONS. The captions are inserted for convenience only. They are not a part of this instrument and do not limit the scope of the section to which each refers. This agreement is executed on this 30th day of July, 2008. SETTLOR: TRUSTEE: Georgia V."eterson orgi.i . Peterson STATE OF OREGON ) ) ss. County of Washington ) This instrument was acknowledged before me on the 30th day of July, 2008, by Georgia V. Peterson as settlor and Georgia V. Peterson as trustee. Not/Public for regon OFFICIAL SEAL . SCOTT L STRAHM NOTARY PUBLIC-OREGON COMMISSION NO.415421 MY COMMISSION EXPIRES MARCH 19,2011 GEORGIA V. PETERSON REVOCABLE LIVING TRUST- Page 14 of 14 SCHEDULE A Real Property 1. Residence located at 11487 SW 95th Avenue, Tigard, Oregon 97223. 2. Other real property, more particularly described as 11485 SW 93t Avenue, Tigard, Oregon 97223. Bank Accounts 1. Checking account# at Bank of America, Washington Square Branch, Oregon. 2. Savings account# at Bank, Branch, , Oregon. 3. Certificate of deposit # at Bank of America, Tigard Branch, Tigard, Oregon. Safe deposit box Contents of Box # at Bank, Branch, , Oregon. Securities 1. 2. 3. Automobile 1. , VIN # 2. , VIN # Tangible Personal Property All household goods and furnishings,personal vehicles, recreational equipment, clothing, jewelry, personal effects, animals, and other tangible personal property for personal or household use.