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200404851
<br />thereof, and at such time or times, as in its discretion she may
<br />deem advisable for such minor's property education, care,
<br />comfort, or support. Any payment under this section shall
<br />operate as a full discharge to trustee with respect thereto.
<br />VII.
<br />TRUSTEE'S POWERS
<br />A. Nebraska Trustees' Powers Act. In addition to all
<br />of the powers conferred or provided for by the Nebraska Trustees'
<br />Powers Act, as it may hereafter from time to time be amended, the
<br />trustee shall have full power with respect to the trust estate to
<br />hold, manage, insure, repair, improve, partition, invest,
<br />reinvest, sell (publicly or privately, for cash or on time),
<br />exchange, grant, convey, deliver, assign, transfer, lease,
<br />auction, option, mortgage, pledge, borrow, contract, loan,
<br />compromise claims, abandon, distribute or allocate in cash or
<br />kind or partly in each at fair market values determined by it,
<br />hold in the name of a nominee, release powers, hold property
<br />anywhere in the United States or abroad, acquire or continue any
<br />business, engage advisers or assistants, act upon their advice,
<br />delegate powers and duties to them and remunerate them, engage in
<br />joint ventures or general or limited partnerships with others,
<br />determine the existence or status of beneficiaries without court
<br />proceeding, distribute property directly to a beneficiary or to
<br />conservator, guardian of his person, custodian for the
<br />beneficiary under any statute, or by direct payment of the
<br />beneficiary's expenses, and free from all investment restrictions
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