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under no obligation to make a pro rata division, or to dis-
tribute the same assets to beneficiaries similarly situated;
but rather, the Trustee may, in the Trustee's discretion,
make a non pro rata divi~ion between .trusts or shares and
non pro rata distributions to such beneficiaries, as long as
the respective assets allocated to separate trusts or shares,
or distributed to such beneficiaries,.have equivalent or
proportionate fair market value..
17. Nominee. To hold securities or other property
in the TruateeTS name as Trustee under this trust, in the
Trustee's ow~ name or in a nominee's name, or to hold ~
securities unregistered i~ such cond~~ion that ownership
will pass by delfvery.
18. Power to Invest in Life~Insurance. The Trustee
~I shall have the po~~r to apF y for, own, receive as a part of
i the trust assets, hold and/or pay premiums upon life
insurance in any form and upon the lif e of any person or
persons, as the Trustee may deem advisable. The Trustee is
avthorized to exercise all rights under sucfi policies and no
company issuing the same shall be required to determine the
extent of the authority of the Trustee.
19. Purchase of Treasur Bonds. To purchase at
less than par n te States Treasury Bonds that are redeem-
able at par, in payment of any federa~ estate tax liability
of either Trustor, in such amounts as the Trustee deems
advisable, and for that purpose the Trustee may use either
~ Trustor's separate property or may partition a portion of
the commun:ity property of the trust estate and make such
purchases from either or both portions. The Trustee may
exercise the Trustee's discretfon and purchase ~uch bonds if
the Trustee has reason to believe that either Trustor is in
substantial danqer of ~eath, and may borro~r funds and give '
security for that purpose. The Trustee may resolve any doubt
concer~ing the desirability of making the purchase and its
amount fn favor of making the purchase and in purchasing a
larger amount of such bonds than might otherwise be neces-
sary. The Trustee shall not be liable to either Trustor,
any heir of either Trustor, or any beneficiary of this trust
for losses resulting from purchases made in good faith. The
Trustee shall redeem any such bonds that are part of the
trust corpu~ to the fullest extent possible in payment of
the federal estate tax liability of either Trustor with
reference to assets included in this trust.
20. Croas-Dealing. To make loans to or borrow
from, to purchase property or assets of any kind from, or
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HINCHY. WtTTE. WOOD. ANDERSON Q HODGES
~0529 P~~097~ .
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