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]