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B. To sell and to grant options to purchase all or any part of my estate, both real
and personal, at any time, at public or private sale, for consideration, whether or not the
highest possible consideration, and upon terms, including credit, as my Personal
Representative deems advisable, and to execute, acknowledge, and deliver deeds or
other instruments in connection therewith.
C. To lease any real estate for terms and conditions as my Personal Representative
deems advisable, including the granting of options to renew, options to extend the term
or terms, and options to purchase.
D. To pay, compromise, settle or otherwise adjust any claims, including taxes,
asserted in favor of or against me, my estate or my Personal Representative.
E. To make any separation into shares in whole or in part in kind and at values
determined by my Personal Representative, with or without regard to tax basis, and to
allocate different kinds and disproportionate amounts of property and undivided
interests in property among the shares.
F. To make such elections under the tax laws as my Personal Representative shall
deem appropriate, including elections with respect to qualified terminable interest
property, exemptions and the use of deductions as income tax or estate tax deductions,
and to determine whether to make any adjustments between income and principal on
account of any election so made.
G. To make any elections permitted under any pension, profit sharing, employee
stock ownership or other benefit plan.
H. To employ others in connection with the administration of my estate, including
legal counsel, investment advisors, brokers, accountants and agents and to pay
reasonable compensation in addition to my Personal Representative’s compensation.
I. To vote any shares of stock or other securities in person or by proxy; to assert or
waive any stockholder’s rights or privilege to subscribe for or otherwise acquire
additional stock; to deposit securities in any voting trust or with any committee.
J. To borrow and to pledge or mortgage any property as collateral, and to make
secured or unsecured loans. My Personal Representative is specifically authorized to
make loans without interest to any beneficiary hereunder. No individual or entity loaning
property to my Personal Representative or trustee shall be held to see to the application
of such property.
K. My Personal Representative shall also in his or her absolute discretion determine
the allocation of any GST exemption available to me at my death to property passing
under this Will or otherwise. The determination of my Personal Representative with
respect to any elections or allocation, if made or taken in good faith, shall be binding
upon all affected.
VII. CONTESTING BENEFICIARY
If any beneficiary under this Will, or any trust herein mentioned, contests or attacks this
Will or any of its provisions, any share or interest in my estate given to that contesting
beneficiary under this Will is revoked and shall be disposed of in the same manner
provided herein as if that contesting beneficiary had predeceased me.