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alterations to or improvements in buildings or other structures, | | demolish improvements, raze existing or erect new party walls or | | buildings, subdivide or develop land, dedicate land to public use | | or grant public or private easements and make or vacate plats and | | adjust boundaries; |
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| | | 9.__Enter into lease.__Enter into a lease for any purpose as | | lessor or lessee, including a lease or other arrangement for | | exploration and removal of natural resources, with or without the | | option to purchase or renew, for a period within or extending | | beyond the duration of the trust; |
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| | | 10.__Grant or acquire option.__Grant an option involving a | | sale, lease or other disposition of trust property or acquire an | | option for the acquisition of property, including an option | | exercisable beyond the duration of the trust, and exercise an | | option so acquired; |
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| | | 11.__Insure.__Insure the property of the trust against damage | | or loss and insure the trustee, the trustee's agents and | | beneficiaries against liability arising from the administration | | of the trust; |
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| | | 12.__Abandon or decline administration.__Abandon or decline to | | administer property of no value or of insufficient value to | | justify its collection or continued administration; |
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| | | 13.__Liability for violation of environmental law.__With | | respect to possible liability for violation of environmental law: |
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| | | A.__Inspect or investigate property the trustee holds or has | | been asked to hold, or property owned or operated by an | | organization in which the trustee holds or has been asked to | | hold an interest, for the purpose of determining the | | application of environmental law with respect to the | | property; |
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| | | B.__Take action to prevent, abate or otherwise remedy any | | actual or potential violation of any environmental law | | affecting property held directly or indirectly by the | | trustee, whether taken before or after the assertion of a | | claim or the initiation of governmental enforcement; |
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| | | C.__Decline to accept property into trust or disclaim any | | power with respect to property that is or may be burdened | | with liability for violation of environmental law; |
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| | | D.__Compromise claims against the trust that may be asserted | | for an alleged violation of environmental law; and |
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