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<br /> � Daniel for the par amount of �I�+2 ,000.00 ea,ch.As the Trustee ehall reduce the principal of tY�e
<br /> mortgage against the above described real estate ,additional certificates to the a:T►ount of
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<br /> said reduction shall be issued by said Trustee to said beneficiaries in proportion to the '
<br /> � amount represented by certificates held by each beneficiary. But no certificate shall be
<br /> � issued for any less sum than �1000.00 ,at par value.The Trustse may alsa f rom time to time ,
<br /> f issue scrip of the par value of �100.00 or multiples thereof ,converti�l� �nto certificates
<br /> in sums of �1000.00 or multiples thereof. In case of the Ioss or des�ruction of a certificat�
<br /> or scrip,the Trustee may issue a duplicate thereof on such terms as said Txustee ma.y deem .prmper
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<br /> � XV1.
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<br /> ; Upon ffiay 1st ,19�� ,unless it is earlier terminated by said Trustee with the consent of
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<br /> � the beneficiaries as provided herein ,the Trustee shall terminate this trust by dividing the
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<br /> ! Trust Fund,or the proceeds ,thereof ,among the beneficiaries ,or by reconveying the Trust F�.ind
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<br /> i t , the beneficiaries ,being first duly ind�mnified for any outstanding obligation ar
<br /> i Declarat ion of '�rust Page 5
<br /> � liability,and shall thexeupon be forever discharged.
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<br /> # XVI1.
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<br /> ' The beneficiaries shall have no interest ,Iegal ox equitable in the �rust assets. Their
<br /> ` rights shall be to receive distribution of the income and of the ca.sh proceeds of the prin-
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<br /> ! cipal when and as provided in a.ccordanee with the terms of the trust . They shall have no �
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<br /> t share in the profits of such and ahall not be 1iable for 2osses ,and shall not be partners n�
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<br /> ( in any other manner in association with each other;and the said Trustee ahall have no right
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<br /> of indemnification against said beneficiaries.
<br /> XV111.
<br /> 1 The interest represented by the certificates may be transferred on the books of the Trust�ee
<br /> by tne person named therein or his legal representative ,upon the surrender of the certifica�e ,
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<br /> and a new certificate shall be issued to tne transferee ,who sha.Il thereupon beco.me a benefiqiary.l
<br /> � Devises by will ,distribution of the estates of deceased persons according to la�,and dis�ri-
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<br /> � bution of Trust Funds among those entitled tnereto upon the termina,tion of said trust ,shall '
<br />� � n�t be deemed sale�f�r the purposes �i�reof.
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<br /> ; X1X.
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<br /> I ; No assessment shall ever be made upon the beneficiaries ,nor shall they ever be personally
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<br />� liable in any event ,or have any rights hereunder except ae herein defined. !
<br /> ' XX. (
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<br /> j The books of the Trustee shall always be open to the investigation of the beneficiaries. S
<br /> � XX1. �
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<br /> The Trustee may with the cor� ent of two-thirds interest a� the benefi�iaries,alter or add
<br /> to this Declaration,or terninate �his trust and if it seeme t� said Truatee judicious so to
<br /> � do ,may,with like consent ,convey the Trust Fund tc� a nee� or other Trustee or to a corporatio� ,
<br /> ' being first duly indemnified for any outstanding o�bligation or liability.The instrument set1�-
<br /> ing forth
<br /> Declarati on of Trust Page 6
<br /> such alteration or canve,�ance ,shall be si�ned by the Trustee and reeorded in the office of �the
<br /> � negister of Leeds of Hall County ,State of Nebra.ska. Such instruments sha11 be conclusive of' the
<br /> ! existenee of aIl facts and of compliance with all prerequisites 3�ecessary to the validity of
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<br /> ! such alteration,additi�n,ter�ina,tion ,or conveyance ,whether stated in such instrument or not ,
<br /> ` upon aI7. questions as to title or effectingthe rights of third persona.
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<br /> � Provided,however ,and it is es�ecially declared,that the Trustee snall be under no o�lig tian
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