Revocable Living Trust

Article I — Establishment of Trust

I, Margaret Anne Thompson, a resident of Maricopa County, State of Arizona, hereby establish this Revocable Living Trust, to be known as the Margaret Anne Thompson Living Trust. I am the Grantor of this Trust. I reserve the right to amend, modify, or revoke this Trust during my lifetime.

Article II — Appointment of Trustee

I appoint myself, Margaret Anne Thompson, as the initial Trustee of this Trust.

If I become incapacitated or unable to serve as Trustee, I appoint David Michael Thompson as Successor Trustee. If David Michael Thompson is unable or unwilling to serve, I appoint Susan Marie Thompson-Clark as alternate Successor Trustee.

The Successor Trustee shall serve without bond and shall have all powers granted to the initial Trustee under this agreement and applicable law.

Article III — Trust Property

I hereby transfer to this Trust the property listed in Schedule A attached hereto, together with any additional property that may be added to this Trust from time to time.

Article IV — Administration During Grantor's Lifetime

During my lifetime, the Trustee shall hold, manage, and distribute the Trust property for my benefit. I retain the following rights:

1. The right to all income generated by the Trust property.
2. The right to use and enjoy all Trust property.
3. The right to add or remove property from the Trust at any time.
4. The right to amend or revoke this Trust in whole or in part.

Article V — Incapacity Provisions

If I become incapacitated as determined by two licensed physicians, the Successor Trustee shall manage the Trust property for my benefit, paying for my care, support, and maintenance from Trust assets. The Successor Trustee may also provide for the support of my dependents as needed.

Article VI — Distribution Upon Death

Upon my death, after payment of all debts, taxes, and expenses of administration, the Trustee shall distribute the remaining Trust property as follows:

1. I give my residential property at 4521 Desert Rose Lane to David Michael Thompson.
2. I give $15,000 (fifteen thousand dollars) to First Baptist Church of Phoenix, AZ.
3. I give my grandmother's diamond ring and jewelry collection to Susan Marie Thompson-Clark.

All remaining Trust property shall be distributed equally among my three children: David Michael Thompson, Susan Marie Thompson-Clark, and James Robert Thompson, in equal shares of one-third (1/3) each.

If any beneficiary predeceases me, that beneficiary's share shall pass to their surviving children (my grandchildren), in equal shares per stirpes.

Article VII — Powers of Trustee

The Trustee shall have the following powers, in addition to those granted by law:

1. To sell, exchange, lease, or mortgage any Trust property.
2. To invest and reinvest Trust assets in any form of property.
3. To borrow money and encumber Trust property as security.
4. To employ attorneys, accountants, and other professionals.
5. To make distributions in cash or in kind.
6. To do all acts necessary for the proper management of the Trust.

Article VIII — Revocation and Amendment

I reserve the right to revoke or amend this Trust at any time during my lifetime by delivering a written instrument to the Trustee. Upon revocation, all Trust property shall be returned to me. This Trust shall become irrevocable upon my death.

Article IX — General Provisions

1. Severability: If any provision of this Trust is found to be invalid, the remaining provisions shall remain in full force and effect.
2. Governing Law: This Trust shall be governed by the laws of the State of Arizona.
3. No Contest Clause: If any beneficiary contests the validity of this Trust, that beneficiary's share shall be reduced to one dollar ($1.00).