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20120�3�� <br />borrow, pay, renew, or extend the time of payment of a debt of the <br />principal; <br />9. make, assign, draw, endorse, discount, guarantee, and negotiate <br />promissory notes, checks, draf�s, and otlier negotiable or <br />nonnegotiable paper of the principal or payable to the principal or <br />the principal's order; receive the cash or other proceeds of those <br />transactions; and accept a draft drawn by a person upon the <br />principal and pay it when due; <br />10. receive for the principal and act upon a sight draft, warehouse <br />receipt, or other negotiable or nonnegotiable instrument; <br />11. apply for and receive letters of credit, credit cards, and traveler's <br />checks from a financial institution and give an indemnity or other <br />agreement in connection with letters of credit; and <br />12. consent to an extension of the time of payment with respect to <br />commercial paper or a fmancial transaction with a financial <br />institution. <br />F. Power relating to bnsiness operating transactioas. I empower my <br />attorney-in-fact: <br />1, to operate, buy, sell, enlazge, reduce, and terminate a business <br />interest; <br />2. to the extent that an agent is permitted by law to act for a principal <br />and subject to the terms of the partnership agreement, to: <br />a. perform a duty or discharge a liability and exercise a right, <br />power, privilege, or option that the principal has, may have, <br />or claims to have under a partnership agreement, whether <br />or not the principal is a partner; <br />b. enforce the terms of a partnership agreement by litigation <br />or otherwise; and <br />c. defend, submit to arbitration, settle, or compromise <br />litigation to which the principal is a party because of <br />membership in the partaership, <br />3. to exercise in person or by proxy or enforce, by litigation or <br />otherwise, a right, power, privilege, or option the principal has or <br />claims to have as the holder of a bond, share, or other instrument <br />of similaz character and to defend, submit to arbitration, settle, or <br />DPOAF of Bill D. Schultz Page 5 of 17 Initials:� Date: /� <br />