177-012 - Laserfiche WebLink

Browse

� � � �� �; thc Successur Tcustee shall hold the trust assets in continuing trust until such beneficiary attains the age of twen'ty-one years. During surh perii�d of continuing trust the Successor Trustee. in his absolute discretion, may retain the specific trust property herein described /� if he h�lieves it in the hest interest of the'beneficiary so to do, or he may sell or otherwise dispose of such specific trust property, � im'esting and reinvesting the proceeds as he,may deem appropriate. If the specific trust property shall be productive of income or if it be sold or utherwise disposed of, the Successor Trustee may apply or expend any or all of the income or principal directly for the mainfenance, education and support of the minor beneficiacy without the intervention of any guardian and wrthout application to any court. Surh payments of income or prindpal may be made to the parents of such minor or'to the person with whom the minor is living without any liabifiry upon the Suceessor Trustee to see ro the application thereof. If any such minor survives me but dies , before the age of twenry-one years, at hi� or her death the Successor Trustee shall deliver, pay over, transfer arrd distribute the trust ' properry being held for such minor to said minor's personal representatives,absolutely. 2. I reserve unto myself�the power and right (1) to place a mortgage or bther lien upon ihe property, (2) to collect any rental or other income which may accrue from the trusE property and, in my sole discretion as trustee, either to accumulate such income as an addition to tht trust assets being held hereunder or pay such income to myself as an individual. ' 3: I reserve unto myself the power and right at any time during my lifetime to amend or revoke in whole or in�art the trust here6y creaied without the necessity of obtaining the consent of any beneficiary and without giving notice to any beneficiary, but no such amendment or revocation shall be effective unless and until it is filed in the land records. The sale or othec disposition by me of the whole oi any part of the property shall constitute as to such whole or part a revocation of this trust. 4. The death during my lifetime, or in a common accident or disaster with me. of all of the beneficiaries designated hereunder shall revoke such designation, and in the former event. I reserve the �ight to.designate new beneficiaries. Should i for any reason fail to designate such new beneficiaries, this trust shall terminate upon my death,and the trust property shall revert to my estate. . S, In the event of my death or legal;incapacity, I hereby nominate and appoint as Successor Trustee hereunder ihe beneficiary first above named, unless such beneficiary be a minor or legally incompetent, in which event I hereby nominate and appoint as Successo: Trustee hereunder the beneficiary whose name appears second abov�. If such be�eficiary nared secand abovc shall be a minor or legally incompetent, then I nominate and appoint as $uccessor Trustee hereu�dor: (Name) Arla J. Hall ' (Address) 3506 South 119th St. Omaha, Nebra�ka Number Street Ciry State 6. This Declaration of Trust shall extend to and be binding upon the heirs, execirtors, administrators and assigns of the under- signed and upon the Successors to the Trustee. 7.. The Trustee and his successors shall serve without bond. 8. This Dedaration of Trust shall be:construed and enforced in accordance witfi the laws of the State of �ebraska � IN WITNESS WHEREOF I have hereunto set my hand and seal this �� l�- day of � ��,F` � �'` _ 19�. - � - (sign here) , ��'«-�� ,/ *°� c� c� .S. � : rn • 3 � v � �` � l! n � WItIIC$S: �1�� ' / ..L a L.��.>r .�.: c`� n� � co O � \ j r�. ,�� m WItIICS3: (Z� � �JJ —� �� `�±t - r °' L.., � ~, i; t � -r.) State of )�L�.-(��.�i��-- �-�� f ,� � � , ss: �� - C'011II�►Of k�l ��'�"J _c On the ��" day of �--�-�-Y��-�-�=-�L� , nineteen hundr and aeventy-four � before me came Pau1, L. Ha11 known to me to be the individual described in, and who executed the foregoing 'nstrument, and _t►e acknowledged that�e executed the same, and in due form of law acknowledge.the foregoing instrument to be his free act aad deed and desired the same might be recurded as such. -. " �fi ed for record De (Notary Seaq .°6e_� /n r. �—c� \� ��L�.%; �` 71� ,��_ ,,8 Notary Public "�.'•-� A.M � � IVA M. ANDLER RO '-- • �— ' �R eo0 I77 6FNERAL NOTARY•State ot Nebr. �bj De My Commisslon Explres An� lacobse ^°�ste� eds Me�on za, �sn R of Deeds, Ha/1 Coun �!� Neb��