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� . <br /> -4- <br /> r�. Tv retain a� an investment, witho�t liability �n their p�rt <br /> by reasQn of such rstention, all securitiss and rather �rc�e�ty cwn�d <br /> by me during my lifetime or in their r�iscretion an� wzthcut ord�r <br /> c�r Iicense cf any cQurt, tc� dispose af �lI cr any thereaf an�+ tc in- <br /> vest. reinvest gnd ke��p inv�sted, the �±roceeds in legal investments <br /> for Nebraska trustees, except that the percentac,e limitaticn pre- <br /> scribed by statute as to the various classes of securities s���il nct <br /> apply, excepting only as in this �ill specifically exce�tec�. ��c <br /> investment for th� trust shall be purchased from or scld tc the <br />� Trustess themselves. <br /> B. To manage. sell, contract to sell, gra�nt opticns tc r�rch��a, <br /> convey, exchange� transfer, a�andon� impreve� repair, insurE,� lease <br /> for any term even thcugh ccm�nencing in the future o�c extending heycnd <br /> the tQras of the trust, an� t� otherwise deal with cther property, <br /> real cr per�onal, in such manner, f or such consideraticns dnd on <br /> sueh terms and conditions as the Trustees shall deem a�visa'U1�. <br /> C. To comprvm3se, contest. ari�itrate or abanden clai�s anc� <br /> demands all in their discretion. <br /> D. To havs with respect to trust praperty all the rights ci �n <br /> i.ndividual cwner includin� the pawer tc- give proxies, ta Fartici�at� <br /> i.n voti.ng tru�ts, mergers� consolidatiens, fereclosures, recr�a�iaa- <br /> ticns ar�d liquidations, �nd tc exercise or sell stuck subscriptic:�s <br /> ar conversion rights. <br /> �. Tc hcld securities cr other property in the name cf the <br /> Tru�tees �r their naminee or in such other form as the Trustees clee.:E <br /> bsst, with or without discic�sing to third pers�ns the trust re�aticn- <br /> �hip. <br /> F. To etn�iay agents anci counsel when th� Trustees dee� it nec- <br /> e$$ary and tc pay t}2�m such campensation for their services as s�a�;. <br /> b$ appresved cr authorized by the Court having 3urisdicticn of t!-�e <br /> supervisicn cf these trustg. <br /> �. To decide hc�r and in �vhat pro,�crtions any receipts and uis- <br /> Aursements including the fees of the Trustees shall be cr�dited, <br /> charqed e�r �ppGr�iened a� between inc�ne Gnd principal. <br /> H. To divide car distr3but�► property in undivided interests, <br /> or whc�lly or rartly in kind at such valuaticns as it ccn�i�ers f�ir, <br /> and to seli prop�rty fQr the purpose of making �ivision or distri- <br /> butian. <br /> I. To receive additional pxaperty frcm any person by �1i31, c�ift <br /> addition or otherwise, as part of the trust prcperty or any shai-e <br /> cr share� thereof. <br /> J. The Trustees shall be required to furnish nc s�ety on thsir <br /> bands so long as �ither said Earle G. John�on, Jr. cr H�rold i�ieedel <br /> are Txustees. I hereby authorize the Judge cf thE C�unty Court cf <br /> Hall ��unty, Nebraska� tc� appcint 5uccesscr Trustees tc take the <br /> pl�ce of cither �f saf.d named Truste�s shc�ld eithQr cf tham iail tc <br /> �ualiry or £ail tc� cQmplete administratian of said trusts. <br /> VI. <br /> I nominate and appoint Earle G. 3ohnson, Jr. and Hareld k��eec:el <br /> Exec�tars c�f thi� i�ikl �nd Tz�tastees h�reinbefore named, ancl eacprQss- <br />, iy provide that �� s�ch Exect�tors they or either af them shall be r�- <br /> quir�d tg furnish n� ��arety on their bond as �uch. t�y said �xecutcrs <br /> shall hav� and i hereby grar►t unto them the same powers and authority <br /> hereto�are conf�rred upvn my said Trustees� incl�ding the �owex to se.�.I <br /> at puk�lic ar privat�e $�le and without ord�r cf court any real �state <br /> or psrsanal prflp���y bel�nging ta my estate and to cor�pound, ccrr��omise, <br /> s���le or a+d,ju�t any and all claims, charges, debts or dema�nds acainst <br /> ar in favor of my e�t$t� a�s f�lly as I c�u2d do if living. <br /> 4'TI <br /> � ��.r�►ta� �►y said �+��tors Lo pay fram my re�idu�ry �st�te a11 <br /> 3n�e�i��►tt�a, *�tate a�d �'t.���e tan�s levi�� �pan ar as�essed a�sinst <br /> ��r est��t att�#.br�te�tile ta � Propert�r pas�3nq hereuncisr €�r othexwji.se; <br />' �rn� nt� dan�.s�e, lf���e�rt dc+n��, ��ar��fera� or insu�ance b�enefici�ry <br /> i st��►11 �a re�ui��d tcr P�Y-cr c�r���ibute to ther �►aya�en� of an�r suah ��xes <br />�r� �tQtw��?���3r�q,,��i pr�Visl.v�� �f a�y pressr�t ar f�tur� 2aw� o� � <br />,.,.:. ��a�e �r �� ��e '�r�.�d ��a��s,. � <br />, y <br />��� .. . - f <br /> � n - � � � ' .., — �?D <br />