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While Settlor is alive and incompetent, the Trustee shall, from trust funds,pay all interest <br /> on loans on such policies. <br /> 4.3. Benefits from Life Insurance Policies. The Settlor shall retain all <br /> rights to all payments and benefits during the Settlor's life on account of any life <br /> insurance policies described in paragraph 4, the right to exercise any options or privileges <br /> and the right to change the beneficiary of or to sell, assign or hypothecate any such <br /> ' <br /> policies. On Settlor's written request,the Trustee shall deliver to Senior any such <br /> policies the Trustee has. <br /> Unon Sefflor's Death <br /> Proceeds from Life Insurance Policies. Upon receiving proof of Settlor's <br /> death the Trustee shall collect the proceeds on any life insurance policies on Settlor's life <br /> which are payable to the Trustee, The Trustee is not obligated to start any legal <br /> rtrocedina to recover any such sums until the Trustee is indemnified in such amount and <br /> t , <br /> er r rrrrr as the Trustee may reasonably require. The Trustee inay grant any necessary <br /> _Lle:.ases to collect such sums and may settle any claims on such policies, on such terms tls <br /> the;rustee Vers,1 s advisable. Any decisions made by the Trustee shall be final and <br /> binding on all persons interested in the trust estate. No one paying any such sums to the <br /> ?r:25t3e is obliged to',et.: to the application of the;1111115 or to inquire into the authority of <br /> 'L ILIO ed3u ids. 'ulie Trustee shall redeem all bonds which are trust nssels <br /> r;,: *:,}h "a-rid e red 'jitet)14 191111ole fulfill their fair market vttluc i in aiflfhll11"tlrn <br /> ,t.r' ,•r}, t.,a i;t;s 'qP%:'. t `;Yaf.�' till, bee!us vJ sitlrrr't',de itil Ll) pay the e idles lox, other <br />