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<br /> �Pa�e 2� of 2 ,��.
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<br /> ��± � ticiuiy hereunder shail then be n minor, the Successor Trustee shatl hold the trust assets in continuinb trusf until such bene8ciary
<br /> •.i' ` i attains the age of twenty-one years..During such period of continujng trust the Successor Trustee,in his absolute.discretion,may retain
<br /> � the specific trust property herein described if he believes it in the best interest of the beneficiary so to do, or he may setl or
<br /> otherwise dispose of such specific trust prop,erty, investing and reinvesting the proceeds as he may deem appropriate. If the specific
<br /> trust property shall be productive of income or if it be sold or otherwise disposed of, the Successor Trustee may apply or expend
<br /> any or all of the income or prineipal directly for the maintenance, education and support of the minor beneficiaTy without the �
<br /> intervention of any guardian and yvithout application to any court. Such payments of 'income or principaT may be made to the
<br /> ` parents of such minor or to the person with whom the minor is living without any liability upon the Successor Trustee to see }�
<br /> �� to the application thereof. If any such minor survives us but dies before the age of twenty-one years, at his or her death i.
<br /> ? i,
<br /> �; the Successor Trustee shali deliver, pay over, transfer and distribute the trust property being held for such minor to said minor's
<br /> f;: personal representatives, absolutely. ��
<br /> t 2. We reserve unto ourselves the power and right (a) to place a martgage or other lien upon the property, and (b) to collect �
<br /> Ax any rental or other income which may accrue from the trust property and,in our sole distiretion as Trustees,either to accumulate such
<br /> M; income as an addition to the trust assets being held hereunder or pay such income to ourselves as individuals. w
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<br /> 3. We reserve unto ourselves the power and right at any time during our lifetime to amend or revoke in whole or in.part
<br /> � the trust hereby created without the necessity of obtaining the consent of any beneficiary and without giving notice to any beneficiary. �'
<br /> _�'� 1
<br /> :,�, w� � The sale or other disposition by us of the whole or any part of the property held hereunder shall constitute as to such whole or
<br /> �,� � part a revocation af this trust. �
<br /> :y; � 4. The death during our lifetime,or in a common accident oc disaster with us,of ail of the beneficiaries designated hereunder
<br /> =�`: � shall revoke such designation, and in the former event,we reserve the right to,designate new beneficiaries. Should we for any reason
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<br /> ��� � fail to designate such new beneficiaries, this trust shall terminate upon the death of the survivor of us and the trust property shall : 4
<br /> �,�„ � revert to the estate of such survivor.
<br /> '� — 5. Upon the death or legal incapacity of one of us,the survivor shall continue as sole Trustee. Upon the death of the survivor
<br /> � s of us,or if we both shall die in a common accident, we hereby nominate and appoint as Successor Trustee hereunder the beneficiary
<br /> i� y � first above aamed, unless such beneficiary be a minor or legally incompetent, in which event we hereby nominate and appoinf as
<br /> � d Successor Trustee hereunder the beneficiary whose name appears second above. If such beneficiary named second above sh�ll
<br /> ,': A ° be a minor or legally incompetent, then we nominate and appoint as Successor Trustee hereunder:
<br /> ;� �
<br /> o � Qverland National Bank
<br /> , (Name)
<br /> � � (Address) 3� West 3rd Street, Grand Island, Nebraska
<br /> Number Streef City State'
<br /> g6. This Declaration of Trust shall extend to and be binding upon the hei�s, executors, adminisfrators and^assigns of the
<br /> O° undersigned and upon the Successors to the Trustee.
<br /> �
<br /> — 7. We as Trustees and our Successor Trustee shali serve without bond.
<br /> ' � 8. This Declaration of Trust shall be eonstrued and enforced in accordance with the laws of the State of
<br /> � �' Nebraska
<br /> �
<br /> ,-+ � - •
<br /> � � �
<br /> � � 19th`
<br /> � IN WITNESS WHEREOF we have hereunto set our hands and seals this day of
<br /> � ` �' o August ; 19 68
<br /> � � '
<br /> �+ � (First co-owner sign here) �'�� .S.
<br /> ,^ � �
<br /> � (Second co-owner sign her .S.
<br /> 5� m Witness: (1) �..✓ C�� �`'`�
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<br /> f � � �7' v" L�,,a�L�1t�iP_i
<br /> :� Witness: (2)� �ia� ,
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<br /> � � � State of N ebraska. �;
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<br /> � Hall �� , F ��
<br /> � ri •�� ��County of- � '���`��
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<br /> . ' � °wry �' ,f�.'�'
<br /> mOm0 'A@ �. �. . � , �. '., � , � ( , ��fi.
<br /> , ��. � � �`•On the 19 th� � day of � ����Augtts t �, nineteeri'-hundre� and �8 � „r�"
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<br /> c ti � ,1 jLA�)AUtyy: _ �� � �� , : L� �L LL � t�� �y: � � `r � � {h'��
<br /> � � f ��1�� �fo erme came � ��ephen T. ,�Fleliart��ana �ouis�: D� �1�a�,y�v�_ ,�: ���� °
<br /> �`�� �' �' �� :��. :r�e to be the intlividuafs.�desoribed„in,�and�vho:e,xe�uteid'?the�for� out �fi��Er ekit �I,��; arc'fc�q�+��`� ���� `
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<br /> t��h� executed the same, and m due form o£ law acknQwledged the foregoing znst�'ume�t .to l�e �0t1t fr,�,�t� ,,� .-
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