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:7 <br />20050515" <br />Section 2.18. Other Powers to Convey, Release Exercise Create or Enter Into: My Agent <br />is authorized to convey or release contingent and expected interests in property, including marital <br />property rights and any right of survivorship incident to joint tenancy, to exercise or release my <br />powers as trustee, custodial trustee, personal representative, conservator, or donee of a power of <br />appointment, to enter into contracts, to create trusts pursuant to the Nebraska Uniform Custodial <br />Trust Act or other revocable or irrevocable trusts of property of the estate which may extend beyond <br />my disability or life, and to exercise my rights to elect options and change beneficiaries under <br />insurance and annuity policies and to surrender the policies for their cash value. <br />ARTICLE 3 <br />Third Party Reliance <br />Section 3.1. Protection of Third Party: No person who relies in good faith on the authority <br />of my Agent pursuant to this Durable General Power of Attorney shall incur any liability to me, my <br />estate or my personal representative. <br />Section 3.2. Alternate Agent, Affidavit, of Regarding Prior Agents: Any party dealing with <br />any person named as Successor Agent pursuant to this Durable General Power of Attorney may <br />conclusively rely on an affidavit of such Successor Agent that those persons named as prior Agents <br />are no longer serving. <br />ARTICLE 4 <br />Administrative Provisions <br />Section 4.1. Reasonable Compensation to Agent: My Agent shall be entitled to receive <br />reasonable compensation for services rendered pursuant to this Durable General Power of Attorney. <br />Section 4.2. Nomination of Guardian or Conservator: I hereby nominate my Agent as my <br />conservator and as my guardian of the person. In the event that my Agent does not qualify or accept <br />such conservatorship and guardianship, I hereby nominate my Successor Agent as my conservator <br />and as my guardian of the person. In the event that neither my Agent nor my Successor Agent <br />qualifies or accepts such conservatorship and guardianship, it is my express wish that in making this <br />determination the court be guided primarily by the wishes of my children and relatives. It is my <br />express request that the conservator and guardian be permitted to serve without bond. The <br />conservator and guardian shall have power to deal and contract with themselves in the performance <br />of their trust, and such transactions shall not be void or voidable. <br />Section 43. Resignation. of Agent: My Agent and any Successor Agent may resign by the <br />execution of a written resignation delivered to me or, if I am mentally incapacitated, by delivery to <br />any person with whom I am residing or who has the care and custody of me, or, in the case of an <br />Agent's resignation, by delivering to the Successor Agent. If no other person is available, a <br />resignation may be made to the appropriate court. <br />ARTICLE 5 <br />Miscellaneous Provisions <br />Section 5.1. Photocopies: My Agent is authorized to make photocopies of this Durable <br />General Power of Attorney as frequently and in such quantity as my Agent shall deem appropriate. <br />Each photocopy shall have the same force and effect as any original. <br />Section 5.2. Nebraska Law: This Power of Attorney shall be construed and enforced under <br />the law of the State of Nebraska. <br />DATED: f�- �?�✓'�� /71 <br />a4,4 14f <br />Pauline V. Knutson <br />91 <br />