! . ,
<br /> � ._ .
<br /> � • , . ^ . •
<br /> I. . . . o • . .
<br /> �
<br /> ;
<br /> I
<br /> I (g) To make any division or distribution required unaer the
<br /> + ter�s of this �^Jill in kind or in money or partly in kind and
<br /> � partly in money. The Trus�ee shall not be required to raake �
<br /> � physical division of the iunds, except wnen necessary for dis- '
<br /> `� tribution of corpus, but may keep the corpus of the trus�ts in one
<br /> r }
<br /> or nor ivi d
<br />� e consolidat d �unds in which �he trusts have und de
<br /> e
<br /> � ;
<br /> I interests. •
<br /> � ' .
<br /> (h) No person purchasino, ren�ing or leas�i�g any proper�y
<br /> ' of the t:usts or .in any manner dealing witn the trusts or with �he
<br /> irus�ee shall be required to inquire into the authority of the
<br /> Trustee to enter into any transaction or to account ior the I
<br /> application of any money paid to the Trustee on any account. �
<br /> I ,
<br /> i .
<br /> � {.i) � The Trustee shall annually account to each adult
<br /> � beneficiary of. the trusts showing the income and expenses of the
<br /> trusts, the investments since the last annual account�.ng and �he
<br /> I property -then consti�uting assets of the trusts. �,
<br /> . �
<br /> i
<br />� �
<br /> �
<br /> No bond shall be re uired of an Trusi,e und�r th
<br /> i �J) q y e e
<br /> � ,
<br /> , provisions of this Will since i nave full confidence in the �
<br /> integrity and solvency of the Trustee and desire to save the cos�t i
<br /> of annual bond for the beneficiaries of the trusts. , �
<br /> i
<br /> �
<br /> � (k) If the Trustee, in its sole discretion, determines that ;
<br /> the amount and extent of the property remaining in i,he trusts a��:, i
<br /> insufficient to justify the expense of continuing .the trusts, :the� �
<br /> Trustee shall have the right to terminate the trusts �nd distri�ute ;
<br /> r
<br /> i
<br /> the assets then remaining in the trust� to the berieficiaries o� the '
<br /> trust at said ti r ,
<br /> me hi
<br /> w cli distribution shall be r�ade .�ree fr ` `ru
<br /> om � st
<br /> .
<br /> �
<br /> . (1} To distribute property in cash personally to any mirior : � �
<br /> I entitled thereto, or to such minorts legal guardian, nr. to so��e . I �-
<br /> 1 other person �lected by the Trus�ee to receive such property for f
<br /> such minor, and receipt by such r►inor, or such ninorzs legal �I ' �
<br /> uardian or such other �'
<br /> g , person, shall be complete discharge o£ I .
<br /> the Trus.tee in regard to such distributi.on. ;
<br /> �
<br /> VI. '
<br /> I hereby nominate and appoint my son, Trlalter S. Ashton, as �
<br /> Executor of this, my Last• Will and Testarient, and further requesting;
<br /> he be not required to. furnish surety on his official bond as such. ?'
<br /> If for any reason he does no� qualify or it becomes necessary to � :
<br />. appoint a successor I request the appoint�ent of The Qverland � ,
<br /> ; National Bank of Grand Island,' Grand Island,� Nebraska, as such !
<br /> ( Executor. I also riominate and appoint The Overland Nati onal $ank of E
<br /> : ' Grand Island, Grand Island, Nebraska, as Trustee o� the trust. ; �;
<br /> � provided for in this, my Zast Wi11 and Testament. Snould m� grand- .. �j;
<br />. daughter, Kelly Diane, require the appoin�ment of a Gaardian and � !�
<br /> either her_ father ar her mother do not qualify for any reason �hen ''
<br /> I request the appointment of BertYsa Dixon, sister of my daughter-in- "
<br />. law, Pear1 Ashton, as Guardian and if for any reason she 'does. not ��i
<br /> qualify then Joanne Bertero and Dianne C�gli, �nieces of my daught�r- �`,
<br /> in-law, or either of. them, as Guardian. :-�
<br /> �,�
<br /> IN UTITNESS WHEREOF S` have��hereunto subscribed my name 3.n� �';
<br /> Grand.Island, Nebraska, this ,!d�day of �.�r,,.�,,;, , �;q��� �; '�
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