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80002153
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Last modified
1/13/2010 4:18:10 PM
Creation date
1/13/2010 4:17:44 PM
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DEEDS
Inst Number
80002153
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<br />80- ~~153 <br />The Grantor hereby constitutes and appoints the above designated <br />Trustees to be, in fact, Trustees of The Trust hereby created and <br />established. The Grantor far and in consideration of the objects and <br />purposes herein set forth, the cash sus of Ter. I3ollars in hand gaid <br />and other cansiderations of value the receipt of which is hereby ' <br />acknovledge~ does hereby agree to sell, assign, convey and deliver unto <br />said Trustees, Z$ TRUST-- who are to hold legal title in joint tenancy <br />and not as tenants in coss-on, to collectively act by virtue of this <br />covenant as a Board of Trustees under the name herein designated-- <br />ceztain properties, business projects, operations under way or con- <br />tea-plated, dealing in equities, formulae, entities, patents, copyrights, <br />business good-will, or other business desired to be engaged in by <br />said Trustees. <br />The Trust name and athez things of value to cor_stitute A Trust <br />{Satate}, including rights in reverszar. ar remainder where ever <br />situated, and other things of value and having its principal place <br />of business at: <br />3fl2 Circle i7rive <br />Address of Trust <br />Donipliaa <br />city i;aunty Hall State 8ebraska Sip 68832 <br />'flye above naaed Trustees, far themselves and their successors IN <br />TRUST, do hereby agree to accept properties real and personal to be <br />conveyed and acknowledge acceptance of anti. delivery of all the property <br />specified, togeihez with all the terra of The Trust herein. set forth, <br />igraeiaq t4 conserve and improve The T_us±, to invest and reinvest Lhe <br />fur-ds of Said Trust in such manner as will increase the financial <br />ratiaq of the ?rust {Estate} durirxq the period of outstanding liabilities <br />of iha various properties and enterprises in coma+erce for gain, <br />exercising their best jud3~aent anti discretion, in at:cardance with The <br />Trust Minutes, malting 3istri!iutions of portions of thr. proceeds and <br />incase as in their discretion, and according to the minutes, should be <br />•ade, sa}ciag coaplete periodic reports of business transactions, and <br />upe~ fiaa3 liquidation distributing the assets to the beneziciaries <br />as their interests stay appear; and in a31 ot.rar respects administering <br />Said Trust {Estate? in gtaod faith strictly in ~nnforxi~ity hereto. <br />TRL75T£ES <br />Trustees shall tie rot less than two xn nuaafler, but. aay be increased for <br />practical reasons beneficzai to Tlae 'must. Tlie Trustees herei!: mentioned <br />by Hate or Liaeiz successors elected to fill vacancies, shall hold office, <br />base ind eamircise llecti~'ely t`~,e eY lusi.e °a°~a~esxent and ~~,..,._~. <br />of ?he Trust prc~pe:t} and buusiness affairs: <br />PM?1fID1Zil. lllDMBVER, Lhat A Trustee r.~ay re4xgn or Lae removed from office <br />by i resolution o* uzsanimoaxs ctancurrence :# the re:naxrinzl Trustees <br />tlhsf! in their opinion said Trustee shall have been guilty of fraud, <br />malfeasance in afore, gross neglect ~~f duty, ~r fcsr cause by the <br />aandate cf a cesurt of ro+epetent jurisdiction- anti <br />L <br /> <br /> <br />
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