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201707983
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Last modified
12/9/2019 6:43:46 PM
Creation date
11/21/2017 3:53:38 PM
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DEEDS
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201707983
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This document prepared by: <br />Arend R. Baack, #16193 <br />Leininger, Smith, Johnson, <br />Baack, Placzek & Allen <br />104 N. Wheeler Street <br />P.O. Box 790 <br />Grand Island, NE 68802 <br />Telephone: (308) 382 -1930 <br />Email: andyba @gilawfrrm.com <br />Agent's Duties <br />IMPORTANT INFORMATION FOR AGENT <br />4 of 5 <br />201707983 <br />When you accept the authority granted under this Power of Attorney, a special legal relationship <br />is created between you and the principal. This relationship imposes upon you legal duties that <br />continue until you resign or the Power of Attorney is terminated or revoked. You must: <br />1. Do what you know the principal reasonably expects you to do with the principal's <br />property or, if you do not know the principal's expectations, act in the principal's best <br />interest; <br />2. Act in good faith; <br />3. Do nothing beyond the authority granted in this Power of Attorney; and <br />4. Disclose your identity as an agent whenever you act for the principal by writing or <br />printing the name of the principal and signing your own name as "agent" in the <br />following manner: David E. Hosier by Jill R. Kroeger, Agent. <br />Unless the Special Instructions in this Power of Attorney state otherwise, you must also: <br />1. Act loyally for the principal's benefit; <br />2. Avoid conflicts that would impair your ability to act in the principal's best interest; <br />3. Act with care, competence, and diligence; <br />4. Keep a record of all receipts, disbursements, and transactions made on behalf of the <br />principal; <br />5. Cooperate with any person that has authority to make health care decisions for the <br />principal to do what you know the principal reasonably expects or, if you do not know <br />the principal's expectations, to act in the principal's best interest; and <br />6. Attempt to preserve the principal's estate plan if you know the plan and preserving the <br />plan is consistent with the principal's best interest. <br />
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