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200807867
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Last modified
9/12/2008 4:30:49 PM
Creation date
9/12/2008 4:30:49 PM
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DEEDS
Inst Number
200807867
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<br />. .. <br /> <br />200807867 <br /> <br />17. To disclaim any interest (subject to other provisions ofthis document), which <br />might be transferred or distributed to me from any other person, estate, trust, or <br />other entity, as may be appropriate. However, Agent may not disclaim assets, to <br />which I would be entitled, if the result is that the disclaimed assets pass directly or <br />indirectly to my Agent or my Agent's estate. <br /> <br />This Durable Power of Attorney and the rights, powers, and authority of my Agent shall <br />become effective immediately upon execution of this instrument. The rights, powers, and <br />authority of this document shall remain in full force and effect thereafter until my death. <br />This Power of Attorney shall not terminate on my subsequent disability, incapacity or <br />lack of mental competence (except as provided by any applicable statute). <br /> <br />As used herein, "disability" or "incapacity" shall mean a lack of capacity to receive and <br />evaluate information effectively, to communicate decisions, and/or to manage my <br />financial resources and affairs properly. <br /> <br />My Agent shall be entitled to reimbursement of all reasonable expenses incurred as a <br />result of carrying out any provision of this Power of Attorney. If desired, my Agent shall <br />also be entitled to reasonable compensation for any services provided as my Agent <br /> <br />If so requested by myself or any authorized personal representative or fiduciary acting on <br />my behalf, my Agent shall provide an accounting for all funds handled and all acts <br />performed as my Agent. <br /> <br />This Power of Attorney shall be construed as broadly as a General Power of Attorney. <br />The listing of specific terms, rights, acts or powers are not intended to restrict or limit the <br />definition or scope of powers granted herein in any manner. If any part of this document <br />is held to be invalid, illegal or unenforceable under applicable law, then the remaining <br />unaffected parts ofthe document shall still remain in full force and effect and not be <br />affected by any partial invalidity. <br /> <br />No person needs to inquire as to the reasons for the use or issuance of this power-of- <br />attorney or as to the disposition of any proceeds paid to my Agent based on this <br />document. <br /> <br />The powers granted to my Agent by this power-of-attorney are limited to the extent <br />necessary to prevent (a) my income to be taxable to my Agent; (b) my Agent to have any <br />rights or ownership with respect to any life insurance policies I may own on the life of <br />my Agent; and/or (c) my assets to be subject to a general power of appointment by my <br />Agent. <br /> <br />Any third party who receives a copy of this document may act under it. Revocation ofthe <br />power of attorney is not effective as to a third party until the third party has actual <br />knowledge ofthe revocation. I agree to indemnify the third party for any claims that arise <br />against the third party because of reliance on this power of attorney. If this Durable <br /> <br />- 4- <br />
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