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<br /> one of said Trustees. I hereby authorize the Judge of the County Court
<br /> of Hall County, Nebraska, to appoint a Successor Trt�stee to replace
<br /> either of my said two named children, should such replaaement become
<br /> necessary for any reason whatsoever. All of the powers, discreticns,
<br /> authority a.nd immunities hereinbefore granted said Trustees, are also
<br /> hereby granted to any Successox Trustee only so long as either of mg
<br /> said children shall also be one oz said Trustees; at such time as neither
<br /> of my said children shall be one of sa.id Trustees, then such Successar
<br />'� Trustees shall be required to obtain 'such authority for any of the acts
<br /> as Trustee as are required under the Laws of the State of Nebraska in
<br /> effect at the time such powers are sought to be exercisec3,and furnish
<br /> such bond with such surety as the Laws of the State of Nebraska may �
<br />� then require.
<br /> z (3) I do f urther expressly authorize and empower my said Executor
<br /> and also the Trustees and their respe.ctive successors of this trust, to
<br /> nold as investments a part of the trust createcl hereby, in their dis-.
<br /> crEtion, any and all stocks, bonds, mortgages, securities or items of
<br /> property, real, personal or mixed, belonging to me at the time of my
<br /> death or allocated to this .trust by my said Executor, .authority for
<br /> which allocation I hereby gra.nt him, even tliough such item of property
<br /> may not be of the character permissible for trust investments under
<br /> the general rules of law or an� statute applicable thereto.
<br /> (4) Said Trustees are hereby granted power to accumulate all in-
<br /> come coming into this trust in their discretion, and taking into con-
<br />� sideration the amount in this trust, and the value thereof, as weTl as
<br /> the sources of income said grandchildren may have, or 'be entitled to,
<br /> from other sources, to disburse both income and .principal of this trust
<br /> ' for the health, care and best interests of •said two grandchildren of
<br /> mine, and for their education; this trust 5ha11 continue until the younger
<br /> of said two grandchildren shall have attained the age of twenty-five years,
<br /> unless the assets of such trust shall have been disbursed by said Trustees
<br /> for the foregoing uses and purposea prior thereto; such property and _
<br /> assets a part of said trust when the younger of said two grandchildren
<br /> attairi the age of twenty-five years shall be liquidated by said Trustees
<br /> as soon thereafter as may conveniently be done, and after the payment cf
<br /> expenses of such liquidation the balance of said trust shall be paid by
<br />} said Trustees to my said grandchildren Gretehen Kay Petersen and Florinda
<br /> Sue Petersen equa3.ly; said Txustees are hereby authorized to trarzsfer ir.
<br /> kind to said cestuis at that time' any assets a. part of said trust instead
<br /> of liquidating such assets if they so choose. 3hould either of said
<br /> grandchildren die prior to such termination date I.eaving her issue sur-
<br /> viving, such issue shell receive her mother`s share at the time such final
<br /> distribution is to be made. Should either of said grandchildren die prior
<br /> to having received her full share of said trust without leaving her issue
<br /> surviving, such survivor of sa.id
<br /> two randchildren shall be en '
<br /> � g , titled to
<br /> � the entire remaining trust fund at the time she attains $Ze age of twenty-
<br />� five yearsT should both of said grandchildren die prior to complete 'dis-
<br /> bursement and distribution of said trust without leaving them issue sur-
<br /> ' viving, then said Trustees sha.11 liquidate said trust a.nd distrib�zte' the
<br /> sa.id proceeds from such liquidation into three equal partsJ One part'
<br /> to my said son Leo Petersen, one pa.rt to my said daughter E1sie H. Reents,
<br /> and the third par�.: to my said daughter Irene Prather� ,or to their respec-
<br /> tive heirs.
<br />:; . VI.
<br /> � "F'or. the purpose of facilitating the distribution of my estate in
<br /> , accordance with the provisions of this Will, I hereby grant unto my
<br /> �� Executor and also unto the Trustees of the trust created under Paragraph
<br /> � V�. as shall qualify, and to the survivars or successors of 'them,' full
<br /> power and authority, in their absolute discretiori, to' sell and convey
<br /> any and all property, whether real, personal or mixed, which'shalZ come
<br /> into his or their possession and wheresoever the same may be situated, �`
<br /> arid to make, execute and deliver all deeds, conveyances; bills of sale, � ;
<br /> x� grants, or other instruments necessary, suitable or proper, to transfer "fi
<br /> h goot�, sufficient and' valid titles ther�to; I do further'here7�y authorize ; � �';�;;:
<br /> � said Trustees to receive from m said �xecutor an ` '''
<br /> � Y y_�prope rty af w'hi;ch I , ����4,
<br /> may die seized and possessed, to become a � r '��,
<br /> part of saicl Txusts; I .fitrthar
<br /> � , j;+.
<br /> � ��authorize and �empower said Executor��as taeTl ae sa3.d Txustess �o� tYiei,r ; �����,���M�
<br /> f succesgo,�s to sell a�y or �a11 �property o� �which I �may die sei�ed and, -, �e�;n���
<br /> possessed, or which may be� acquired by th�m during.'t'he a.dministration -,. f;����'''�
<br /> ' of my estate, or during the life of either of;said _Trusts, su�h, sa1.e� br � �j�it1�����?
<br /> sales to ;oe 'tnade either for cash or 'upon�. such t ercn,s. of;ex�eda.t as to sa'�.d � �`�{��"fi�=f
<br /> E�cecutor may seem best duxzn �,-. � : ;�1,����
<br /> g administration o� m estate ox� tu tnv said
<br /> �rustees as may� seem��best ��during the ].ife o£ sa,id���t�s�s� r�s�se��ive�y, �� `°, �`��`;��.
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