200101211 - Laserfiche WebLink

Browse

200101211 1. Durability: By this instrument, Principal creates and establishes a durable and general power of attorney upon the following principles: a. Legal Sources: The authority and power within the scope of this instrument derive their validity from and compromise and constitute a durable power of attorney under the provisions and within.the meaning of Sections 30 -2664 through 2672, Reissue Revised Statutes of Nebraska, 1943, as amended, and all other applicable provisions of the Nebraska Uniform Durable Power of Attorney Act, as amended, and the Nebraska Probate Code, as amended; and the short form expressions herein used have the respective meanings thereto ascribed by and are respectively subject to application, construction, enforcement, and interpretation as prescribed under the provisions of Sections 49 -1501 through 1561, Reissue Revised Statutes of Nebraska, 1943, as amended, and all other applicable provisions of the Nebraska Short Form Act. b. Continuation: No authority or power within the scope of this instrument is affected by any disability of Principal or any uncertainty as to the death- of Principal; and this instrument continues to be effective and operative after the death of Principal unless and until Agent has, by notice thereof or otherwise, acquired actual knowledge of the fact of such death. c. Termination: The authority and power within the scope of this instrument terminates and this instrument ceases to be effective and operative, at or after the death of Principal when, by notice thereof or otherwise, known to Agent or, if sooner, upon its revocation by or for Principal. 2. Plenary Power: By this instrument, Principal confers upon and grants to Agent, without limitation of the generality thereof, Plenary Power exercisable in the absolute discretion and judgment of Agent. IN WITNESS WHEREOF, Principal has executed this instrument at Grand Island, Hall County, Nebraska, on the /_ day of March, 1996. ESSIE MARIE PIERCE-, Principal 2