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~'7` ~l a. r ~ rv <br />RENUNCiATICN AND DiSCLAIt~3ER GF <br />BENEFICIAL INTEREST OR POWER <br />INTRODUCTION <br />!Ty name is Permelia L. Douthit. I was born on the 18th <br />day of June, 1895. I reside at 7245 Walker Avenue, Lincoln, <br />in Lancaster County, State of Nebraska, It is my intention <br />to renounce and disclaim a beneficial interest or power <br />which I might otherwise possess due to the death of Beatty <br />F. Douthit, who resided at 2515 W. Anna Street, Grand Island; <br />in the County of Nall, in the State of Nebraska, at the time <br />of his death. hiy relationship to the property in which the <br />decedent had an interest for the purpose of this renunciation <br />and disclaimer may be as an heir, devisee, person succeeding <br />to a renounced interest, donee, beneficiary under a testamentary <br />or nontestamentary disposition, donee of a power of appointment, <br />grantee, surviving joint owner or surviving joint tenant, <br />beneficiary of an insurance contract, person designated to <br />take pursuant to a power of appointment exercised by a <br />testamentary or nontestamentary instrument, or recipient of <br />any benefit otherwise under a testamentary or nontestamentary <br />instrument, and I specifically believe such relationship to <br />be, for the purpose of this renunciation and disclaimer, <br />that of life t::nant of residue of property under the Last <br />Will of Beatty F. Douthit, deceased, andl~~r that of beneficiary <br />of a testamentary trust under said Last Will of Beatty F. <br />Douthit, deceased. <br />RECITALS <br />WHEREAS, I have consulted with legal counsel of my own <br />choosing regarding the execution of this document; <br />WHEP.EAS, to the extent such legal counsel represents <br />any other person or entity in any manner which may give rise <br />to a situation of dual representation or potential conflict <br />of interest I hereby represent that I have been informed of <br />such fact by such Iegal counsel, and specifically such legal <br />counsel has made full disclosure of the fact that he represents <br />Charles A. Douthit and Prieiila Joan Wallick, whose interest <br />to tl'ie subject matter of this renunciation and disclaimer is <br />generally described as remaindermen, and I have prevailed <br />upon such legal counsel to represent me in this regard after <br />such disclosure; <br />'v1HEREAS, at the time of the execution of this document <br />there were no spaces left blank; <br />WHEREAS, I acknowledge receipt of a copy of this document <br />showing my signature, the signature of the witnesses, and <br />acknowledgement of my signature and those of the witnesses; <br />WHEREAS, I acknowledge that I am releasing something <br />which might be of substantial value to me, but I do not <br />expect to, nor have Z, received any consideration in money <br />or otherwise for the execution of this document; <br />WHEREAS, I acknowledge that the execution of this <br />document may cause or create certain tax consequences the <br />extent and nature of which depend upon an interpretation of <br />complex state and federal laws, and I recognize the possibility <br />that the intended tax consequence, if any, arising by virtue <br />of the execution of this document may not be as I expect due <br />to the complexity of the laws involved, but I assume this <br />risk and intend this document to be effective nevertheless; <br />