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<br /> � �� DECLARATI�i? OF TRUST � i�
<br /> KIvOT,'� ALL .P:4Er1 BY T't?�'S� PR�'S'�'NTS:
<br /> '��HEREAS,Artl�ur tuendel,Erni1 Guenctel ,both of l�urf�al a.ge,and Florence Guendel,a minor,are
<br /> the heirs .dt l�w,devisees ,a.nd legatees of Julius rLZenc�el ,cieceased,late of Hall County,Neb-
<br />� r�sl�a.,and ?.s such heirs� 3t lal�, devisees and le�a.tees,�err the o:�ners in fee simple of the
<br /> �ore:nises a.nd. property hereina.fter described,�rhich pr�mises a:nd nronerty (�ith other l�nds)
<br /> were included in a. partition suit nnd nroceeclin� in the District Court of H�.11 County,T?eb-
<br /> rask�,�Vherein the said E�.nil xuendel is pla.intiff and Arthur Cxubndel, et a.l. ,are c�efendants ,
<br /> being Ca.se Number �-�52 ,and under the order and �7ecree of Court entered in said cause and
<br /> case,Ralnh R. Horth and Charles G. Rya,n,a.s Referees,�ere orc�ered and directed to sell said
<br /> propFrty hereina:fter described,and did,on June 22,IGl�,un:?er order5 of said Court,offer
<br /> said pronerty for sale at public auction,and, �
<br /> "'HEF.�'AS,t',e price offered at said sale did not ap,�roximate the f�ir and lust value of
<br /> said pro�erty,and said Art'nur Guendel ,for the burnose of protecting the o�ners thereof,
<br /> , bid in said property at said sale on behalf of himself and the other heirs at laev,lebatees,
<br /> and devisees of said Julius Gu�nd_el,,��.eceased,for the swn of �eventy-five Hundred (�75�0)
<br /> Dollars ,�hich sa:ic� sale i�as afterwards by sa.id Court and in said cause duly a.pnroved and
<br /> ' confir:ned,�nd said Referees ^irected to convey said property in fee simnle to said Arthur
<br /> Guendel ,as Durchaser ther�of,-.ahich said conveyance wa,s by said Referees duly made to said
<br /> Arthur �uendel.
<br /> �0`'d THER�'FORE,I,Arthur Guendel ,of Gr�nd Isla.nd,H�ll County,Nebras�a,in conformity with
<br /> the pre-:ises ,hereby deCta.r� that I hold title in rny o:�n �ame.;to the follo�i-�:g described real '
<br /> esta.te situate in Gr�nd �sl�.nd,Hall County,I�lebras�{a.,to_��.t: The Center one-third of Lot
<br /> Nu;nber Seven (7) , in Block T?u?nber Fifty-four ( 54) ,or the Ori�;ina.l Town,not*r City,of Grand Is- i
<br /> land,�ebr�,sk�,�.nd thGt I hold sa.id bxo�erty in trust,a.n:? tha.t sa.�e is o-�med jozntly as ten- �
<br /> ants in com��!on,b� Arthur Guend.el ,E�il Guendel,�nd Florence uuen�e7�each of sair parties hav-
<br /> in� an uz�;_ivided one-third inter�st ther�in,but tha.t the title thereto is held in the name
<br /> of Arthur r.uen�?el for convenience,it being understood by all of sa.id narties that I am to ,.,.......�--------
<br /> hold sa.r.ne in gooci faith for the joint benefit ��f all of �aid p�rties , i.�c.lud.in� myself,but
<br /> ' not to be resvonsible for any loss in any manner beyond my one-third interest therein; th�t '
<br /> I am to ha.ve co::��lete a.uthority to hold,lease, sell ,or convey sa.id prenlises at rr�y option,and
<br /> to account to t.he ov�mers thereof for all of the rents,proceeds,profits ,and receipts derived
<br /> thercfrom �.fter the deduction of �11 expenses,costs,taxes ,an�. other outlays or expenc�itures '
<br /> �-hich i raa�T make or be required to 7nake in rela,tion to the burch�.sing,lian�ling,holding,and !;
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<br /> ' ca.ring for said pre�:nises,including all rep�.irs and. ta.xes thereon. !',
<br /> That in case I am required to exnend any moneys,in excess of the rents a:nd incorne from
<br /> said nroperty,for the purpose of keeping same in re�air,or �aying t�.xes ,insurance ,or other
<br /> r�:aintena.nce thereon,or for �ny other charges inci�e,nt to the hand.ling of sair. pronerty, ''�
<br /> then and in such case I am to h3ve � lien upon th� ir_ter�sts of the other parties in said
<br /> premises until his or their �oroportion of same is prid,�nu arn to r etain out af an�a proceeds
<br /> i�
<br /> derived from thF sale thernof an un-o�id �.mour�� due to me for such ex�enses rrhich has not �
<br /> � Y � .
<br /> been ren�.id_ ��y said other o�mners of s�id �re�^ises. It is exvressl y understood that I am �ot �
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<br /> to be held liable for �,ny loss tieyond Y�y one-third in� er�st in the hand_7.ing of said pre�nises, i'
<br /> ;,
<br /> ;.
<br /> a.nd am only to be held -F'or �ooc fa.ith,ho:�est d.e�.ling a_n: a.ccountin� conrected therewith. �i
<br /> Dated at Gr�nd �sl�nd,Nebr<�.s:ka,this 16" day of 5eptember ,l91&.
<br /> '1Uitness:
<br /> Chas. G.Ryan Arthur Guen�el �'
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