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<br /> �rf_.�� �'�J W�✓.J�J�IVJ J�lI J L�I q� �u vJ�jl�����G�10
<br /> '' �^�.y be occupied as a re�i�ence for either or both the s�.ic� Her�an Schumann anc� Amalia Schu_ �
<br /> man:�,an� sha.11 lease such real estate u�on such �ezrns as are reas�nable and satisfactoxy ,i
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<br />� to the said Herrlan Schumann and said Trustee. �
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<br /> All money or property �hich may be converted into money,by said Tru.stee shall be im:alediat�i-
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<br /> �.y invested in first class bonds,�hich have a first or second rating in �Soody' s R��.ting.No '�
<br />' '! borids to be purchased at a prfce above par. ,�
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<br /> It is the intention of the grantors to use the followin� described real estate,to-wit: ,�
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<br /> Lot Eight (�) ,in Block Nine (9} ,in the ori,ginal to�an,no�a City of Grand Island,Ha11 County, ''
<br /> Nebraska,as a home,but should they at any time request the Truatee to sell the same,said ,;
<br /> Trustee shall proceed to offer said premises for sale upon such terms and conditions as may ;
<br /> be agreeable to the said Hex�na.n Sehu:z�ann,and from the proceeds sha1Z nay such ineumbr�nceg
<br /> �.s may be existin�; against said premises,and the balance may be used by said Herman Schu- �
<br /> mann,or in the event of his death by his surviv�.ng �ridow,in the erection,:of,or purchase of a '
<br /> home else�here,anc� should the proareeds be in an amount lsss than �1�j,000.00,then the Trustee '
<br /> shall,u�on the request of said Herman Schumann,�rovide sufficient :noney from the estate,if '�
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<br /> any there be,to make an amount not to exceed �15,000.04 for the construction or purchase of '.
<br /> a home. Should �the proceeds be in eYCess of the amount of �15,�OO.00,then said Truatee shall ;i
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<br /> invest surh excess in first-clase bonds,as hereinbefvre provi�.ed. '
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<br /> . It is the intention of the said Her�nan Schur��ann that said Trustee shall sell all of said i�
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<br /> real estate herein described upon terms and cond�tions as shall be agreeable and satisfactoryj�
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<br /> to both said Hesman Schu.mann and said T'rustee,and shoul.d the terms of the sale of such real.
<br /> � estate involve taking a part payment of the purchase price in the.: form of a mortgage,the sai��
<br /> Trus�Gee shall ac�ept only a fixst mortga;e,ta 'be approQed by said Herman Schumann and said
<br /> raortg�.ge sha11. be placed in the hands af said Trustee for the purpose of �elling sams as svon;�
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<br /> as practicable,�.nd at a price agreeabls to grantor. ;;
<br /> For the �urnose of conveying said real es-tate,said Her!nan Schumann a.nd Amalia Schuma.nn do j
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<br /> !i hereby constitute anr.1 appoint and by these presents do �nake,constitute,and appoint the said ;i
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<br />� " The Grand Island Loan & Trust Company,true �nd la�ful attorney for them,and each of them,and ! ,
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<br /> _ i giving and grant3.ng to saic� Grand Island Lo�.n & Trust Company full. power an� authority to do �
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<br /> �{ an� perform all and every act and thing �hatsoever necessary to be done ,in and about the i ,
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<br /> �,;, �remises as full.y to all intents and purnoses as the said I�exman Schumann and Amalia Schur � 'i
<br /> ';. mann might ox coul�� do if pexsor�.11y present,and da hereby ratify and conf irm all that said '
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<br /> , ': The Grand Island Loan & �rust Company shall lawfully do or cause to be done i.n said trust. f� '
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<br /> It is agreed tha,t �the said Her�nan Schumann may withdraw from his estate at the present �
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<br /> '; time the sum of Three Thousand ( �3,Q00. CO) Dollars,and the Trustee sh�11,if possible,dispose
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<br /> �� of such personalty as it may deem best,or incumber �he realty to the extent of said sum of !
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<br /> ;; �3 ,000. 00 ,and pay same t o sai d Herman Schumann. �
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<br /> Should a��y emergency,such �s si,ckness or death of gr�.ntors ,or any dependent children make ' '
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<br /> '� it necessary tn further dispose of or incumber the property,real or personal,the Txustee may �
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<br /> in such inanner obtain fvnds fox such use on the part of the said Herman Schumann and A�nalia
<br /> '? Schumann,or ei-ther .of them ,. I,
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<br /> The inco}ne fro� said nronerty shall be used to �ay the taxes and other indebtedness aga.ins�
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<br /> i ; said property,and �he b�lanee thereof shall be paid to the sai� Herjilan Schuma�n durin� his j
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<br /> i� lifetime and if,upoh his death,the said Amalia Schumann then is suxviving,the said inco.ne shai 1
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<br /> ': be paid as hexein provided to the said Amalia Schumann::`dufin; her lifetime; a.t being the in- . �I
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<br /> '� �ention th�,t the trus�s herein provided sh�.11 operate in favor of both said Hermar� Schumann �
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<br /> - ' �.nc� Amalia Schumann,�nd. upon the death of eith�r o� them then in f�
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