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201500552
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Last modified
4/14/2015 11:52:59 AM
Creation date
1/28/2015 4:38:25 PM
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DEEDS
Inst Number
201500552
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Name of Primary Beneficiaries Mailing Address of Primary Beneficiaries <br />William D. Gellatly <br />Sean D. Gellatly <br />Travis R. Gellatly <br />Farra F. Gellatly <br />25409 Thoreau W. <br />Stevenson Ranch, CA 91381 <br />3080 W. Cedarview Rd. <br />Doniphan, NE 68832 <br />2209 N. 176 Ave. <br />Omaha, NE 68116 <br />208 Sunny Dr. <br />Doniphan, NE 68832 <br />201500552 <br />Alternate Beneficiary <br />If our Primary Beneficiaries do not survive us, we designate the following Alternate Beneficiary if that <br />Alternate Beneficiary survives the survivor of us. <br />Name of Alternate Beneficiary Mailing Address of Alternate Beneficiary <br />Transfer on Death <br />At the death of the survivor of us, we transfer our interest in the described property to the beneficiaries <br />as designated above. The transfer occurs at the death of the survivor of the Transferors. <br />Survivorship Required <br />Under Nebraska law, the interest of a designated beneficiary is contingent on the designated beneficiary <br />surviving the survivor of the Transferors by one hundred twenty (120) hours. <br />This Transfer on Death Deed is Revocable <br />Before our death, we (or the survivor of us) have the right to revoke this Deed. <br />Growing Crops <br />If this land is agricultural land the growing crops shall pass to: <br />❑ The Primary or Alternate beneficiary <br />❑ The estate of the survivor of us <br />We understand that if we make no choice growing crops pass to the estate of the survivor of us. <br />Legally Required Warnings in the Transfer on Death Deed: <br />Please pay close attention to the following warnings: <br />1) The property transferred remains subject to inheritance taxation in Nebraska to the same extent <br />as if owned by the Transferor at death. Failure to timely pay inheritance taxes is subject to <br />interest and penalties as provided by law. <br />2) The designated beneficiary is personally liable, to the extent of the value of the property <br />transferred, to account for Medicaid reimbursement to the extent necessary to discharge any such <br />3e4 <br />Page 2 of 4 <br />
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