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RECEIVED 12/14/2005 at 10:32 AM
RECEIVING # 914424
BOOK: 607 PAGE: 415
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
SBA Loan Name: LEGACY HOMES, LLC
SBA Loan Number: 1648284006
Limited Power of Attorney To Prepare & Execute Lien Release Instruments
WIDC; FRONTIER CERTIFIED DEVELOPMENT COMPANY is a Certified
Development Company ("CDC"), a non-profit corporation certified by the United States Small
Business Administration ("SBA") to participate in the SBA loan program designed to he]p small
businesses finance the purchase or construction of a long-term fixed asset ("Asset") such as real
estate, buildings, and equipment (the "504 Program").
In accorclance with 504 Program rules, CDC used the proceeds of a debenture guaranteed
by SBA ("Debenture") to partially finance a borrower's purchase of an Asset (the "CDC loan")
which is secured by a lien on the Asset and other borrower property as deemed appropriate by
the CDC (the lien on the Asset and other borrower property is hereinafter referred to collectively
as "Liens"). In consideration of SBA's guaranty of the CDC Debenture, CDC, among other
things, (1) assigned to SBA the Liens and the note underlying the CDC loan and (2) agreed to
continue to service the CDC loan.
Borrower has paid the CDC loan in full as evidenced by a notice from Colson Services
Corporation and a note marked by SBA ofíÌcials as "Paid in Full" in the possession of the CDC.
SBA hereby authorizes CDC to, as either SBA's agent or attorney-in-fact, prepare, sign, file and
or record on SBA's behalf, without SBA's review and approval, documents necessary to release
SBA's lien interest in the Asset and any other borrower or guarantor property securing the
repayment of this loan upon which the agency has a lien or security interest.
SBA, as principal, further authorizes CDC officers authorized to sign documents on
behalf of the CDC, as attorneys-in-fact, to sign and file and to record lien releases in connection
with the subject loan as well as make delivery to the pmiy legally entitled thereto.
This authorization does not limit in any manner the duties, obligations, and
responsibilities of CDC to SBA and the authorization may be rescinded in writing at any time in
the sole discretion of SBA.
ADMINISTRATOR, UNITED STATES
SMALL BUSINESS ADMINISTRATION,
AN AGENCY OF THE UNITED STATES
Byc¡ar:0f~c. ,
A.A
II 21 05
(Date)
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State of Cali fornia
County of Fresno
On \~)~ , ~, ~;CX')Sþefore me!S~J,,8RJ\. \/~ì rJT [r?S , a Notary
Public, personally appeared _f:(\\Cì\p-><L\ c., nc>\'\.{ (Lfy , personally known to me (OF
pfe-vecl--e-n~th(¡}'-Ðasis--l)f-sat-isfaGteFj'-e-videncß-) to be the person whose name is subscribed to the within
instrument and acknowledged to me that he/she executed the same in his/her- authorized capacity, and that
by his/her signature on the instrument the person or the entity upon behalf of which the person acted,
executed the instrument.
Signat~V~\fÄ, \~ ~['(\}2ò
SANDRA WINTERS
~iI~";"';"'£\' Commission # 1410264 z
:( _ ~.b. ..' ~' Notary Public - California ~
2 '-;: Fresno County
~~Apr22'2007
This instrument prepared by:
Kelly Mahnert
U,S. Small Business Administration
Fresno Commercial Loan Servicing Center
2719 North Air-Fresno Drive, Suite 107
Fresno, California 93727-1547
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