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<br />It is my intention by the within devise and bequest that my said wife shall have all the income
<br />from said property and the right to use so much of the principal of the personal property as in
<br />her judgment is necessary for her needs, Also that she shall have the right to change the charac-
<br />ter of said personal property from time to time as she may see fit, (subject onay to the restric-
<br />tion that if the funds or a portion thereof are invested in intangible property, such investments
<br />shall be confined to United States, Municipal Bonds and first mortgages on Hall and abutting
<br />counties real estate), the intention being that on the death of my wife such personal property
<br />as remains, either from the original as of the time of my death or that.on hand resultant from
<br />the re- investment of principal or interest, shall be distributed as hereinafter. provided.
<br />THIRD
<br />On the death of my said wife, Metta Quandt, I give and devise the remainder interest in said
<br />real estate as follows:
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<br />To my son, Walter Quandt, the Northwest Quarter of Section 1, Township 12, North,Range 9, West
<br />of the 6th P.M., Hall County, Nebraska;
<br />To my son, Reinhardt Quandt, the Northeast Quarter of Section 21 Township 12, North, Range 9,
<br />West of the 6th P.M. Hall County, Nebraska;
<br />To my son, Arthur Quandt, the Southwest Quarter of Section 1, Township 12, North,Range 9, West
<br />of the 6th P.M., Hall County, Nebraska, subject to the condition that each of my said sons,
<br />Walter Quandt, Reinhardt Quandt and Arthur Quandt shall pay into a fund created for distribution
<br />as hereinafter provided, the sum of Ten Thousand bollars ($10,000.00) within four (4) years after
<br />termination of life estate and that such payments shall constitute a lien against the individual
<br />properties as devised to each of my three above named sons.
<br />On the death of my said wife, Metta Quandt, I give and devise the remainder interest in the
<br />real estate described as follows:
<br />All of Section 27, Township 15, North,Range 9, West of the 6th P.M., Howard County, Nebraska,
<br />to my four sons, Herman Quandt, '14alter Quandt, Reinhardt Quandt and Arthur Quandt, and my three
<br />daughter$, Ida.Buchfinck; Edna Brase and Hilda Peterson, share and share alike, each to take an
<br />undivided one - seventh part therein, absolutely, subject only to the life estate of my said wife
<br />as above mentioned.
<br />FOURTH
<br />From the fund created by the payment of $10,000.00 by each of my three sons, Walter Quandt,
<br />Reinhardt Quandt and Arthur Quandt, I direct that Six Thousand Dollars ($6000.00) be paid to
<br />each of my three daughters, Ida Buchfinck, Edna Brase and Hilda Peterson, and the remainder,
<br />to -wit: Twelve Thousand Dollars ($12,000.00) be added to such personal property as remains from
<br />that bequeathed to my wife in the Second Paragraph of this will and remaining at her death, and
<br />the' total thus created be divided among all my children, Walter Quandt, Reinhardt Quandt, Arthur
<br />Quandt, Herman Quandt, Ida Buchfinck, Edna Brase and Hilda Peterson, share and share alike, each
<br />to take a one - seventh part thereof absolutely.
<br />FIFTH
<br />If on my death and after the probating of this will, and administering my estate insofar as is
<br />possible pending the termination of the life estate of my said wife, it be deemed advisable by
<br />interested parties that my estate be docketed in the County Court of Hall County, Nebraska,as
<br />a trust, I request that such be done and my son, Herman Quandt, be appointed as Trustee of such
<br />trust.
<br />-3-
<br />SIXTH
<br />In the event any of my said children above mentioned shall precede me in death, or subsequent
<br />to my death shall precede my wife in death, leaving issue him or her surviving, I direct that the
<br />provision herein for said deceased child or children shall not lapse, but shall descend to the
<br />issue of said deceased child or children by right of representation.
<br />q VT..NTN
<br />All of the property, both real and personal, of which I am now possessed has herein, in this
<br />will, been devised. or bequeathed. In the event, however, t hat I shall prior to my death become
<br />possessed of any residue not herein disposed of, I devise such residue to my children, Herman
<br />Quandt, Walter Quandt, Reinhardt Quandt, Arthur Quandt, Ida Buchfinck, Edna Brase and Hilda
<br />Peterson, share and share alike, each to take an undivided one - seventh thereof absolutely.
<br />EIGHTH
<br />I name, nominate and appoint my son, Herman Quandt, as Executor of this, my last will and testa-
<br />ment.
<br />IN WITNESS WHEREOF I have hereunto set my hand this 4th day of March, 193.
<br />Witnesses: Albert Quandt
<br />Gladys Simpson
<br />J.L.Cleary
<br />We, ?chose names are hereunto subscribed, do hereby certify that Albert Quandt, the testator,
<br />subscribed his name to the foregoing instrument in our presence and in the presence of each of us,
<br />and at the same time and in our presence and hearing, declared the same to be his last will and
<br />testament, and we, at his request and in his presence and in the presence of each other, have
<br />hereunto subscribed our names as attesting witnesses.
<br />Gladys Simpson
<br />Of Grand Island,Nebraska.
<br />J.L. Clear
<br />Of Grand Island,fiebraska.
<br />ENDORSEMENT: LAST WILL AND TESTAMENT OF ALBERT QUANDT
<br />HALL COUNTY,NEBRASKA F I L E D SEP 18 1941 PAUL N. KIRK COUNTY JUDGE
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