From No.1 DECLARATION OF TRUST (PRIVATE) Declaration of trust is made at ...............this..............day of........... by Mr....................as follows WHEREAS -1.

The said Mr ...................is the owner of an immoveable property consisting of land and building situate at and more particularly described in the schedule hereunder written 2. The said building is occupied by monthly tenants and is yielding an income of about Rs ........per year 3. the said Mr .................(hereinafter referred to as the Declarant or Trustee) desires to settle the said property on trust for the benefit of himself and his wife and ultimately for the benefit of his children in the manner following . NOW THIS DEED WITNESSETH and the Declarant hereby declares that he will hold the said property described in the schedule hereunder written on Trusts (and not as the beneficial owner thereof )and with the powers and subject to the provisions and declaration hereinafter provided . 4. the declarant as such trustee as aforesaid shall recover and collect the income from the said property by way of rent or otherwise howsoever and from the gross rent collected he will pay . (a) all the Municipal and other taxes and other levies . revenue . assessment etc.in respect of the said property .

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(b) the necessary expenses required for carrying out tenantable repairs and expenses required for carrying out tenantable repairs and expense for the maintenance of the said property (c) the insurance premium in respect of the insurance of the said property against fire . earthquake and other accidents as the trustee may think fit . (d) the salaries or wages to the persons such as watchmen sweepers rent collector . employed byhim for the management of the propert. after paying the expenses as mentioned above from the total income received . the net income will be utilised by the declarant form the total income received . the net income will be accounts for himself absolutely and without liability to accounts for his own maintenance and of his family during the lifetime and death of declarant. on the deathof declarant ,the said net income will be paid to thewife of the declarant absolutely and without liability to account, for her lifetime and until her death . on the death of the wife of the declarantor if the wife predeceases the declarant the on the death of the declarant ,the said net income ,shall be utilised by the trustee or trustees of presents for the maintenance and education of the children of the declarant living at the death of his wife or the declarant as the case may be until the youngest of them attains and completes the age of 18 year. On the youngest of the children of the declarant attaining and completing the age of 18 years, the said property shall be

transferred by the Trustee or trustees for the time being of this trust to the said children absolutely and in equal shares and thereon this trust will come to an end . 9. The property of the said Trust hereby created will come to an end. described in the schedule hereunder written , and if it sold , the net sale proceeds thereof , the investment and securities in which the income or any part thereof or such sale proceeds may be invested by the Trustee or Trustees for the time being and any other property moveable or immoveable that the Declarant may hereafter transfer to the Trustee or Trustees of this Trust and to be held on trusts herein created . All such property of the Trust is hereinafter mentioned as Trust property or trust fund