Laserfiche WebLink
It is the intention of the parties hereto that Clga Sass <br /> Hein shall be the successor trustee in case such Herbert H. <br /> Sass shall die; Lucile Sass Nowlin shall be the successor <br /> Trustee in case of the death of Herbert H, Sass and of such <br /> Olga Sass Hein, and, Margaret Sass Baumeister shall be the <br /> successor Trustee in case of the death of Herbert H. Sass, <br /> Olga Sass Hein and Lucile �ass Nowlin, during the term of this <br /> trust. <br /> It is the further intention of the grantors herein that <br /> each such successor Trustee, when acting hereunder�itlelande <br /> clothed and vestedwith all of the duties, rights , <br /> powers , whether discretionary or otherwise, enumerated in <br /> 1, 2, and 3 hereof. <br /> It is further the intention of the grantors that in case <br /> of the death of the first trustee� <br /> the title to so much of the <br /> real property herein conveyed as sha11 not have been sold shall <br /> devolve to and be vested in the then living next successor <br /> trustee hereinbefore named ano appointed and thereafter upon <br /> the death of an acting successor Trustee that the title to so much <br /> of the real Froperty herein conveyed as shall have not been sold <br /> shall devolve to and be vested in the next successor Trustee; <br /> PROVIDED, in case of the death during the term of this' trust <br /> of all of the Trustees hereinbefore named, and in case any part <br /> of the real �roperty conveyed in trust shall not heretofore be <br /> sold by an acting Trustee hereunder, the title to such unsold <br /> real property shall revert to and vest in the �roportions of <br /> one-fourth to (a) the person or persons devised the same by <br /> the decedent owner of such a share in his or hthe1Fersons1 and <br /> testament, or (b) if he or she die intestate, <br /> legally entitled thereto according to the laws in the State of <br /> 23ebraska. <br /> It further is the intention of the parties hereto that upon <br /> ihe expiration of the term of this trust, and in case any part <br /> of such real property herein conveyed in trust shall not have <br /> been sold by an acting Trustee hereunder, the title to such <br /> unsold real property shall revert to and vest in suchant�rHerbelt <br /> Sass Baumeister, Lucile Sass Nowlin, Olga Sass Hein, <br /> H, Sass in equal shares; PROVIDED, in case one or more of such <br /> persons shall not then be living, the one-fourth share of such <br /> a deceased person shall revert to and vest in (a) the person <br /> or persons devised the same by such decedent in his or her <br /> last will and testament or, (b) if he or she dies intestate, <br /> the persons legally entitled thereto under the laws of the State <br /> of Nebraska. <br /> It is the intention of the grantors herein to bind them- <br /> selves and their heirs-at-law, executors, administrators, per- <br /> sonal representatives and devisees, that any conveyance made <br /> by an acting trustee hereunder, for value, sha11 be binding <br /> on each and every grantor herein and their heixs-at-law, ad- <br /> ministrators, executors, personal representatives and devisees. <br /> It is the intention of the grantors herein that neither <br /> the first Trustee herein named nor any successor Trustee herein <br /> named shall have power or authority to borrow any money as <br /> Trustee or to encumber, mortgage, or pledge the Trust property <br /> as security for any loan. <br /> The grantors herein for themselves and their heirs-at-law, <br /> executors and administrators do covenant with the grantees <br /> herein named and with their assigns, that they and the life <br /> 2. <br />