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<br /> ('3) If my granddaughter, Ke11y Diane, or her children, should
<br /> die before she or any of them become entitled -�o receive the corpus �
<br /> . of the trust for her primary benefit, �hen upon the last such death,
<br /> or a� my deatH if that be later,- my estate shall pass and descend
<br /> . to my heirs at law as determined by the laws of descent and distri-
<br /> bution for the State of Nebraska.
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<br /> . � Without :limi�ing any of the general powers that the Trustee wi
<br /> have under the. provisions of the State of Nebraska, except as herein
<br /> provided, the general conditions of the trust and the general po�rers
<br /> � and duties of my Trustee with respect to the trust provided for
<br /> , herein, and with respect to any and all property which shall. at any
<br /> ta.me constitazta a rart �f anv trust estate shaJ.�. be and ar� �G
<br /> (a) To hold and continue to hold, as an investment �ritnou� �
<br /> liability for depreciation, any pxoperty which was oVmed by me at �
<br /> the time of my death and to inves� ai�d reinves� in any "aor.ds, �
<br /> stocks, mortgages, notes, or othez� property of any kind, real o�
<br /> . , personal, including common trust fu.nds, deemed by the Trus�ee �o '
<br /> be for �he best interests of the trizsts and the ber.eficiaries under
<br /> the trusts, without regard to the usu�l. rules of law governing
<br /> diversification of trust assets, and irrespective of ar�y sta�u;,es �
<br /> or rules of law limi�ting the investment oi trust funds. �
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<br />� {b) To rent or lease any property for the trus�s yor such �
<br />� •time and upon sizch terms and for such prices as the T�zsi.e� "r: its '
<br /> discretion and judgment deems just and proper ana for. tr�e besi, �
<br /> interests of the trus'�s and beneficiaries hereunder, irrespective �
<br />: of -the provisions of any statute or of +,he terminai,ion o� a::y �
<br /> trust and any such lease shall .be effective even tnough it ex�ends �
<br /> beyond the duration of the trusts. �
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<br /> : (c) To sell and convey any property of the �rusts o� ar.y '
<br /> inter�st 'therein or to excnange the same for other p-roper�y �or �
<br /> such price or prices and upon such terms as in its discretion ar:d ;
<br /> judgment, may be deemed for the best interes�s of t:��` trus�s anc j
<br /> the beneficiaries thereunder and i,p execute and deiiv�r any, �eed !
<br /> or deeds, with or without warranty, receip�s, releases, contrac�s '
<br /> or other instruments necessary in connection therewi;.h a.,.;d to do �
<br /> a11 of the same without obtaining the order of any Court. �
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<br /> (d) To incur and pay ordinary and necessary exper.ses o�w ;
<br /> administration including a reasonable fee to itself zor i�s serv:.ces.;
<br /> � � (e) To borrow money for any purposes of t�.e trus�s or ir.c�.d��1'
<br /> to the administration thereof upon its bor.d or pro.;�isso-ry r.ocL us
<br /> � Trustee and secure the repayment thereof b� mortgabyng or .p�edoi.g ;
<br /> or otherwise encumbering any part or all or t::e property of the :
<br /> : trusts and with respect to the purchase of any pro�er;,y as a part �
<br /> of the consideration given therefor9 to ass�e a liabiiity o� �{1� '
<br /> transferee or to acquire such property subjeci, to i�ability. �
<br /> ' (f) To lend mone to an �
<br /> Y y person or persons uvo.. s�.cn ter.�:s �
<br /> � and in such ways and with such security as it deer;�s �.dv�sable for
<br /> � the best interests of the trusts and the benefici�,:^ies �:�ereurluer. � !
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