Express Trust (Contract for Bailment) RB123455667

Friday, July 4, 2014

From: John-Alex: Doe-el
General Executor
Estate of John Alex Doe
806 Ivy Lane
Hinesville, Georgia
To: Tom J. Asbury
Chief Financial Officer
PO Box 1200
Tuckerville, Georgia 30040
Cc: The Honorable Sonny Jenkin
Office of the Governor
Georgia State Capitol
Atlanta, GA 30334
Enclosure (1) Bill (Article 7011 1570 0000 9353 2347) with Creditor
Acceptance dtd April 6, 2012
Enclosure (2) Negotiable Instrument #0073, Payable to US Auto Sales, Inc
For $16,117.00
RE: DISCHARGING OF THE OBLIGATION ARTICLE NUMBER 7011 1570 0000 9353 2300
ARTICLE ONE: I, Executor for the Estate of John Alex Doe, and Settlor of this
Bailment (hereinafter Trust), by special deposit intrust the enclosed Bill
of Exchange for the sum of Sixteen Thousand One Hundred Seventeen Dollars and
five cents ($16,117.05) in care of Tom J. Asbury, who by this indenture is
appointed Fiduciary of this Trust, with the duty to discharge all obligations
in the attached Article 7011 1570 0000 9353 2347 (hereinafter Account) and
release the property known as 2003 Toyota Camry, VIN 4T1BA32K95U205997, for
the delivery to the Beneficiary John L. Hammonds.
ARTICLE TWO: The Settlor grants the Fiduciary the following authorities:
1. The Authority to use the funds $16,117.05 for the setoff, settlement,
and closure of the Account.
2. The Authority to release funds or assets held in escrow, and to use said
funds or assets as necessary, exclusively for discharge all debts and
obligations, for the Account.
3. The Authority to negotiate, endorse and/or ledger the instruments
herein, for the purpose of executing the settlement and closure of the
Account.
ARTICLE THREE: The Guarantees in accord by the Constitution of this State, all
applicable laws, and Treaties, is a surety to this agreement and the following
assets are pledged as security by the surety: professional licenses, oaths of
office, hazard bonds, insurance, wages, earnings, rents, accounts, property,
assets, and income from every source.
Express Trust (Contract for Bailment)
ARTICLE FOUR: The refusal or dishonor of the duties, obligations, and
appointments, must be accompanied by a sworn affidavit, signed under penalty
of perjury, and delivered to 123455 Andersonville Georgia [31123], within ten
(10) days from the receipt of this Trust, stating that the Fiduciary does NOT
have the capacity, authority, obligation, and duty to fulfill the obligations
and settle the Account for the Beneficiary.
ARTICLE FIVE: Any action committed in bad faith or with reckless indifference
to the interests of the beneficiary is a Breach of Trust; And he who commits
such breach shall be, personally chargeable with any damages resulting from
such breach of trust, including but not limited to: liability on any amount
that would reasonably have accrued to the trust or beneficiary if there had
been no breach of trust, with interest; And, Any loss or depreciation in value
of the trust property as a result of such breach of trust.
ARTICLE SIX: This Trust supersedes all other agreements, whether written or
oral, between the Beneficiary and the Financial Institution relating to the
Account. The Principal hereby revokes and rescinds any and all prior grants,
conveyances, notes, trusts, agreements and/or contracts by and/or between the
Financial Institution and the Beneficiary.
ARTICLE SEVEN: Private International Law shall govern and enforce this
Agreement. Should applicable laws deem any part or portion of this Agreement
as invalid or unenforceable, the remaining provisions shall not be affected,
and shall be enforced to as great an extent as possible.
IN WITNESS WHEREOF I hereunto set my hand and seal on this Friday, July 4,
2014 and hereby certify all the statements made above are true, correct and
complete.
_________________________ Signed________________________
By: John Alex: Doe-el,
WITNESS Executor for the Estate of
John Alex Doe
206 Ivy Run
Adairsville, Georgia
(678)555-1111