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��004 72403 <br />R- corded in the Above <br />200408808 - Clef <br />__ �yaa <br />14 . .,,t• 1 `F <br />Ruby L. Molesworth <br />ATTORNEY IN FACT - INSTRUCTIONS <br />In the event that you assume the duties and obligations of an <br />Attorney in Fact you should clearly understand the following: <br />1. Consult your attorney initially regarding real and <br />personal property. The handling of Fiduciary property is subject <br />to various rules of law which can be complicated. <br />2. In managing the property you have several duties: You <br />may not profit from your position as Attorney in Fact. You must <br />manage the assets with the care of a prudent person dealing with <br />the property of another. You must be cautious and you may not <br />speculate. <br />3. You must keep the money and property separate from your <br />own and must never co- mingle it with your own or other property. <br />When you open a bank account for the funds it must be in Ruby L. <br />Molesworth's name, by its fiduciary (yourself) . Securities, if <br />any, must also be held in this manner. You may not change the way <br />property is held, especially to joint tenancy with yourself or <br />others. <br />4. The law requires you to take every reasonable precaution <br />to safeguard the assets from loss. The best available banking <br />facility should be used. Adequate insurance against fire, theft or <br />other hazards should be carried when necessary in order to protect <br />real and personal property. <br />5. You must comprise an inventory. This inventory <br />specifically lists all the assets at the time your duties as <br />Attorney in Fact are begun. <br />6. You must compile an accounting annually which shows all <br />the receipts during the year and all disbursements from during the <br />year. You must describe in detail what is left after payment of <br />expenses (balance on hand) . Your attorney may assist you in <br />preparing these accountings. Keep track of all receipts and <br />disbursements AS THEY OCCUR. Do not wait until it is time to make <br />the accounting as mistakes may result. Keep extra copies of all <br />accountings for yourself as well as for your surety company, if <br />any. <br />7. In order to sell, lease, mortgage or invest the property <br />of the estate additional actions or papers may be necessary. Laws <br />vary on this subject, so please contact your attorney for guidance. <br />You have been supplied with these instructions for your <br />protection as fiduciary and for the protection of the assets <br />entrusted to you. As Attorney in Fact you have absolute duties and <br />responsibilities. Please consult your attorney for guidance. <br />Thank you. <br />