A trustee may:
(1) exchange, subdivide, develop, improve, or partition real property;
(2) make or vacate public plats;
(3) adjust boundaries;
(4) adjust differences in valuation by giving or receiving value;
(5) dedicate real property to public use or, if the trustee considers it in the best interest of the trust, dedicate easements to public use without consideration;
(6) raze existing walls or buildings;
(7) erect new party walls or buildings alone or jointly with an owner of adjacent property;
(8) make repairs; and
(9) make extraordinary alterations or additions in structures as necessary to make property more productive.