� .
<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,. �
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