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200512741
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12/30/2005 2:40:22 PM
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12/30/2005 2:40:21 PM
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DEEDS
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200512741
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<br />AFFIDAVIT <br /> <br />200512741 <br /> <br />CERTIFICATION OF TRUSTEE'S POWERS <br /> <br />STATE OF NEBRASKA <br /> <br />) <br />) ss. <br />) <br /> <br />COUNTY OF HALL <br /> <br />I, RONNIE N. SCHMIT, have executed a Revocable Trust to be <br />known as the RONNIE N. SCHMIT REVOCABLE TRUST, dated May 12, <br />2005, hereinafter referred to as the "Trust". The terms of the <br />Trust provide for the following: <br /> <br />1. The Trustee and the successor to the Trustee of the <br />aforesaid trust are as follows: <br /> <br />(a) As long as I am living and not incapacitated, I shall <br />act as Trustee of the Trust. <br /> <br />(b) Upon my death or in the event one (1) physician <br />certifies in writing that, in such physician's opinion, <br />I am incapacitated and therefore unable to properly <br />administer the Trust, then the Successor Trustee shall <br />be PATRICIA A. SCHMIT, if living and able and willing <br />to serve as Successor Trustee; provided, should <br />PATRICIA A. SCHMIT not be living or able and willing to <br />serve as Successor Trustee or in the event one (1) <br />physician states in writing that, in such physician's <br />opinion, said Successor Trustee is unable to properly <br />administer the Trust, then WELLS FARGO BANK, N.A. shall <br />be the Successor Trustee. <br /> <br />2. The Trustees set out in Paragraph 1 above have the <br />authority to exercise all powers and discretions in the Trust <br />instrument and is vested with all the powers set out in the <br />Nebraska Trustee Powers Act, as the same may be amended from time <br />to time, and all other powers conferred upon Trustees by the laws <br />of the State of Nebraska and of any State in which I may own real <br />estate, including, without limitation thereby, the power to sell, <br />transfer, assign and otherwise dispose of any asset, real or <br />personal, held in trust and to borrow money and pledge or <br />mortgage any trust assets as security therefor. <br /> <br />3. Any party dealing with the Trustee is entitled to rely <br />upon this certification of Trustee's Powers and shall be under no <br />duty to investigate ;br inquire into any of the Trustee's powers <br />with respect to dealing with Trust property or on behalf of the <br />Trust. Any party relying upon this certification of Trustee's <br />Powers is hereby indemnified by the Grantor, the Trust and the <br />beneficiaries against any and all harm or any loss, including <br />attorney's fees, for any transaction entered into with Trustee <br />relying upon representations herein provided that such claim or <br /> <br />. , <br />
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