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_2- <br /> Z�IRD <br /> T1�e C ourt further finds that on the 25� dsY of October, 1962, aaid instruments <br /> �rere proven, allowed and admitted to probate as the last will �nd teata�aent of F`red <br /> Ii. I,eonard, Deceased, which �rill is in xorda as Yollwss <br /> °I,A,ST WILL AIdD TESTANIr�iT <br /> OF <br /> �F.ID K. LEONARD <br /> I, Frad i�. Leonard being of satnd raind �nd disposing mewory� do hereby asaks, pub- <br /> lish and declare this to be esy Last Will and Testament hereby revoking any and all <br /> Wills by sae Yarrosr7,y made. <br /> I. <br /> I �ive, devise and bequ�ath all property, both real and porsonal, o� trhich I may <br /> die possessed tio my wife, Thelma Leonard. <br /> II. <br /> In event �r wife, Thelma Leonard should predscease ms� then I g3vQ, deviae and <br /> baqueath a11 pro�erty of w�Lch I aay elie possesaed as follrn+s: <br /> 1. I dirEct a�y �xecutor shall dispose of all �r proparty� both real and person- <br /> al �s soan after rry dEath as may be wise and expadient. I give to cs�}r executo� dis- <br /> cretion to choo3e wizat appears to iiic, to b� a iavorable ticce to disgo�e of auch <br /> asaQts. The aale of any of the assots may be nt either pub lic or private sale, � <br /> executo�• to first obi:ain an orde: f�on, the probate co�t suthorizing such se?e. r.f <br /> executor is specifically authorized to execute euch deeda� bi118 af salo or such <br /> instru�aents that may k�e necessary to convey title to such real and personal property. <br /> Ths amount abtained ahall be invested so that avme reasonable return may be obtained <br /> iron ur,expected assots. <br /> 2. lipon the completion of the probate of this n�y Last ��ill and Testament, my <br /> execntor shall turn ovor all assets of e►y eatate remair.i.ng after the payt�snt oP the <br /> necessary clains and ccurt costs to a trustee, xho shall ba the satae a� mS* exeeutor. <br /> °uch asgets shall remmin in truat unner the follawin� terna and condition3: <br /> {a) Hi3.ly John Leonard and Bev�rly Jean I,eonard shall be given a college educa- <br /> tion if they aesire tne sane, not ex+ceedici� s3.x years in extent, a� the coat o� such <br /> colle�e �duction shall be paid by the trustes. It is � intent.ton that B311y John <br /> LeonPrd and Beverly Jean Leonard shall be supaorted in a reasonable manner until they <br /> have acquired such collage eduction in eQent they dssire thr► same, and in event in <br /> the iud�r�ent of the trustee, t�ey apply themselvea to sach edncation. <br /> (b) After the payment for such educatioa, a?1 assets remainin�, I �ive, devise <br /> and bequeath to our three children: <br /> Roger Duane I,eonard <br /> Billy John Leonard <br /> Beverly Jesn Leonard <br /> in equal sh�res �o be paid out to them in the foZlo�in� panner and at the follawing <br /> time. <br /> No funds shall he padd out of this bequeat until BeOer�y Jean Leot�ard shall , <br /> have reached the ac�e of thirty years. At that time, the trustee ahall tnako an approa- <br /> imation of the total remaining asseta of u�,y eatate and shall p�► the ahare of each <br /> child to him or her in as near equal peyments as poasible in ten inatalLaents ov�er a <br /> period of ten years. Any balance remaining even though the aame may be leae than or <br /> in excess of ine-tenth, shall be paid in the tenth installmer�t. <br /> III. <br /> I direct trat in enent any of my chiLdren should predecease aae lea�ving issue <br /> then the share of such deceased child or ohildren 3ha11 be paid to such isBue in <br /> � � j <br /> � r <br />