NAME OF SOVEREIGN COMMUNITY TRUST DECLARATION
GRANTOR’S COVENANT
By this declaration, made, signed and witnessed in the PLACE OF EXECUTION on the DATE OF EXECUTION, NAME OF GRANTOR, the GRANTOR, guarantees payment by fully negotiable instrument under the seal of UNIVERSAL COMMUNITY TRUST, of every verifiable liability of NAME OF SOVEREIGN COMMUNITY TRUST and its BENEFICIARIES, upon presentment of the appropriate documents to theTRUSTEES OF THE PERMANENT CREDIT FACILITY, created for the purposes of facilitating the acquisition of the necessary land and infrastructure of the Trust, as well as the settlement of all valid and outstanding financial liabilities, obligations and debts.
I/We, the FOUNDING TRUSTEE, declare that NAME OF SOVEREIGN COMMUNITY TRUST is an autonomous, self-governing community of sovereign Men and Women, made up of private families and individuals who have freely given their consent to live together under the guiding principles set out in the Treaty of Universal Community Trust.
This Sovereign Community Trust has been formed for the purposes of granting to every BENEFICIARY named under this declaration, upon the making of a pledge to their community, the benefit of permanent interest-free credit to settle any valid and outstanding financial liabilities, obligations and debts, and to cater for their daily needs, including the acquisition of any product, substance or material, whether naturally occurring or organically manufactured or otherwise, whether by the parties to the Trust or by our partners in co-operative trade agreements, free of financial charges of all natures and descriptions, along with every kind of service provided for the benefit of the community, until such time that their immortal spirit leads them to other experiences.
PLEDGE OF THE FOUNDING TRUSTEES
We, the undersigned TRUSTEES pledge that we will use our best endeavours with the utmost due diligence in the administration and maintenance of the Trust for the maximum benefit of the BENEFICIARIES and undertake to provide permanent credit to the GRANTOR of the COVENANT and the BENEFICIARIES, by and through a local depository, otherwise known as a PERMANENT CREDIT FACILITY under UNIVERSAL COMMUNITY TRUST, without levying charges of any and all descriptions or seeking to profit individually or collectively by any means whatsoever, for as long as we are parties to the trust.
EXECUTED AS A DEED by ………………………… Grantor-Trustee
Autograph and Seal………………………………………
In the presence of:-
Name……………………………………………………………
Mailing Location……………………………………………
Autograph……………………………………………………
EXECUTED AS A DEED by ………………………… Grantor-Trustee
Autograph and Seal………………………………………
In the presence of:-
Name……………………………………………………………
Mailing Location……………………………………………
Autograph……………………………………………………
EXECUTED AS A DEED by ………………………… Founding Trustee
Autograph and Seal………………………………………
In the presence of:-
Name……………………………………………………………
Mailing Location……………………………………………
Autograph……………………………………………………
GRANTOR’S COVENANT
By this declaration, made, signed and witnessed in the PLACE OF EXECUTION on the DATE OF EXECUTION, NAME OF GRANTOR, the GRANTOR, guarantees payment by fully negotiable instrument under the seal of UNIVERSAL COMMUNITY TRUST, of every verifiable liability of NAME OF SOVEREIGN COMMUNITY TRUST and its BENEFICIARIES, upon presentment of the appropriate documents to theTRUSTEES OF THE PERMANENT CREDIT FACILITY, created for the purposes of facilitating the acquisition of the necessary land and infrastructure of the Trust, as well as the settlement of all valid and outstanding financial liabilities, obligations and debts.
I/We, the FOUNDING TRUSTEE, declare that NAME OF SOVEREIGN COMMUNITY TRUST is an autonomous, self-governing community of sovereign Men and Women, made up of private families and individuals who have freely given their consent to live together under the guiding principles set out in the Treaty of Universal Community Trust.
This Sovereign Community Trust has been formed for the purposes of granting to every BENEFICIARY named under this declaration, upon the making of a pledge to their community, the benefit of permanent interest-free credit to settle any valid and outstanding financial liabilities, obligations and debts, and to cater for their daily needs, including the acquisition of any product, substance or material, whether naturally occurring or organically manufactured or otherwise, whether by the parties to the Trust or by our partners in co-operative trade agreements, free of financial charges of all natures and descriptions, along with every kind of service provided for the benefit of the community, until such time that their immortal spirit leads them to other experiences.
PLEDGE OF THE FOUNDING TRUSTEES
We, the undersigned TRUSTEES pledge that we will use our best endeavours with the utmost due diligence in the administration and maintenance of the Trust for the maximum benefit of the BENEFICIARIES and undertake to provide permanent credit to the GRANTOR of the COVENANT and the BENEFICIARIES, by and through a local depository, otherwise known as a PERMANENT CREDIT FACILITY under UNIVERSAL COMMUNITY TRUST, without levying charges of any and all descriptions or seeking to profit individually or collectively by any means whatsoever, for as long as we are parties to the trust.
EXECUTED AS A DEED by ………………………… Grantor-Trustee
Autograph and Seal………………………………………
In the presence of:-
Name……………………………………………………………
Mailing Location……………………………………………
Autograph……………………………………………………
EXECUTED AS A DEED by ………………………… Grantor-Trustee
Autograph and Seal………………………………………
In the presence of:-
Name……………………………………………………………
Mailing Location……………………………………………
Autograph……………………………………………………
EXECUTED AS A DEED by ………………………… Founding Trustee
Autograph and Seal………………………………………
In the presence of:-
Name……………………………………………………………
Mailing Location……………………………………………
Autograph……………………………………………………