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IWOU74 <br />-3- <br />r <br />(h) To employ agents, legal counsel, brokers, and assist- <br />ants, and t::) pay their fees and expenses, as they may deem neces- <br />sary or advisable to carry out the provisions of this trust. <br />(i) -to allocate and apportion receipts and expenses as <br />between income and principal, <br />(.j) Generally, and witho +;t limitation by any specific <br />enumeration herein, to manage, control, operate, convert, recon- <br />vert, invest, reinvest, sell, exchange, lease, mortgage, pledge, <br />pool, unitize, or otherwise encumber and deal. with the property <br />of this trust, for and on behalf of this trust and the beneficiary <br />thereof, as any individual would have in respect to his own pro- <br />perty and funds. <br />S. LIMITATIONS OF POWERS. The primary purpose and in- <br />tent of this TRUST is to provide for the income beneficiary and <br />no power shalt be exercised to defeat such purpose. Notwith- <br />standing anything herein to the contrary, no powers enumerated <br />herein or accorded to the TRUSTEE shall be construed to enable <br />the GRANTORS or the TRUSTEE, or any of them, or the person, to <br />purchase, exchange, or otherwise deal with or dispose of all <br />or any part of the principal or income of the TRUST for less <br />than adequate consideration in money or money's worth, or to en- <br />able the GRANTORS to borrow all or any part of the principal or <br />income of the TRUST, directly or indirectly, without adequate <br />interest or security. Notwithstanding anything herein to the <br />contrary, no powers enumerated herein or accorded to the TRUSTEE <br />shall be exercisable by him if such action by such TRUSTEE would <br />cause the income from the TRUST property to be taxable to the <br />GRANTORS and any such specific power, if any there be, shall <br />be deemed to be null and void and of no force and effect. <br />6. SITUS. This TRUST shall be construed and adminis- <br />tered according to the laws of the State of Nebraska. <br />i. SUCCESSOR TRUSTEE. The above named and undersigned <br />TRUSTEE is hereby authorized and empowered to designate and appoint <br />a qualified corporate fiduciary located in they State of Nebraska <br />as successor TRUSTEE, to serve i1 the undersigned IRUST1:1. resigns <br />or otherwise Wcomes disqualified, or ceases w, ser%" , and in <br />default. 01 quch appointment, then the GRANMRS and iho n:iine d <br />R <br />