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<br /> strument to be their vo tary act and deed. �
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<br /> ' �6ITNESS my hand and otarial Seal the date last aforesaid.
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<br /> � ( SEAL) �abel G. Clancy i
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<br /> ; Notary Public.
<br /> t �y commission expires o the 19th day of March,1933. ,
<br /> O � EXHIBIT "A"
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<br />� E ARMSTRONG,BECK ANA AANIEL REAL ESTATE TRUST.
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<br /> Declaration of Trust:
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<br /> � This �eclaration of Trust ,rnade tnis 20 day of �arch 1929 ,by The Omaha National Bank of
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<br /> " ' Omaha,Douglas County,Ne raska (hereinaftex called the Trustee) ,Witnesseth:
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<br /> Tnat this Trust shal be designated the �'ARMSTRONG,BECK AND DANIEL ?'EAL ESTATE TRUST. " '
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<br /> ; That:_said '�rustee sh lt hold the following described property to-wit: Lots C,D.E and F. I,
<br /> ,, of Gilbert� s Sub-Divisio of the Northerly Two-Thirds (2/3) of Lots Three (3) and Four (�F) I�
<br /> � in Block Seventy-Nine O of the original town of Grand Island ,Hall County,Nebraska together
<br /> with a strip twenty-two feet by eight ( 22' x �� ) feet adjoining Lot C on the East and all
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<br /> ; easements in connection therewith,eaid property known as Hotel Yancey ,together with a lease
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<br /> i of said property for th term of twenty-five (25) years ending on the lst day of October,l9� ,
<br /> j to '�illiam L. Yancey of rand Island ,Ha11 County ,Nebraska ,(hereinafter called the Trust Fund) ,
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<br /> i transferxed and conveye to said Trustee by Charles D.Armstrong,�iexander �eck and Herbert S.
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<br /> � Daniel ,as '�rustee hereu der in trust for the purposea ,with the powers and subject to the lim-
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<br /> � itations hereinafter de I�red,for the benefit of said Charles D.Armstrong ,Aleaander �eck
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<br /> � and Herbert S.Daniel,an their transferees (hereinafter called beneficiaries) and its is here-
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<br /> ; by express2y declared t at a trust ,and not a partnership is hereby created.
<br /> � That neither the Tru tee nor the beneficiaries shall ever be personally liable hereunder
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<br /> � as partners or otherwis ,but th at for all debts the Trustee shall be liable as such to the
<br /> � extent of the Trust Fun on1y.,In all cantracts or instruments creating liability ,it shall �
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<br /> !( be expressly stipulat,ed that the beneficiaries shall not be liable. S
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<br /> I 111.
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<br /> � The 'rrustee shal 1 ha e as full power and di scret ion ,as , j
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<br /> ! Declaration of Trust Pa.ge 2 1'
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<br /> ' if t he absolute owner ,t handle and manage said Trust Fund,.
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<br /> � The Trustee shall ha e full�; power to sell ,transfer ,and convey said Trust Fund,with the con-
<br /> ; sent of two-thirds inte est of said beneficiaries ,the proceeds of said sale to be upon tne
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<br /> ; same trusts as the orig' na.l Trust Fund.
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<br /> � The '�rustee shall ha e absolute control over and power to dispose of said Trust Fund as
<br /> j if said Trustee was the a'baolute owner thereof,including the power to sell and convey as in
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<br /> � Section four (4) of thi Declaration of Trust set forth ,to improve ,to Iease or hire for im- ,
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<br /> � provement or otherwise , or a term beyond the possible termination of this trust ,or for any I
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<br /> less term.
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<br /> The �rustee may borr w money ,for such time andupon such terms as said Truetee may see fit ,
<br /> ; on mortgage of said Tru t Fund held by said Trustee hereunder ,and may give mortgages therefor.
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<br /> The Trustee shall a1 o have power at any time to borrow money ,and to pledge ,as collateral
<br /> sec�rity for such loan , ny personal property belonging to the Trust Fund,provided,however ,
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