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HomeMy WebLinkAbout877302 LI~TED POWE~ OF ATTO~Y . "" '~ ~ THE ~M~IS~TOR OF T~ U,S. SMALL BUS.SS ~~ST~TION (~e "SBA"), aoli:lg by and tMough ~s authorized agent, hereby appoints c~h of t~ individ~ls set fo~ on EXhibit "A'Z a~aohed hereto severally, ~ t~e ~d la.u] atto~y-in-gaot to act in the n~¢, place ~d stead of the SBA for the pu~oses set fo~h below, This l~itcd power of attome~ i8 iv~ P~u~t to ~at c~ain Lorn Sale Agreem~t (the "A~e~t") by md between the SBA ~d LO~ P~TICIPA~ P~ERS, LTD. (the "Buyer"), dated ~ August 3, 2~00 to which reference is rome for ~c de~ition o¢ all capitalized te~s beretta The said attorneys-in-fact, ~d each of them; ~ hereby authorized, and empowered, as follows'. 1. To executc~ ac~owledge, seal ~d deliver, on behalf of ~e SBA ("Seller"), th~ Note Endo~tements wi~ resp~t to the Notes for all of th~ Lo~s to ~e ord~ of the Buyer s~bject to lc te~s ~d conditions of th~ Agreemcnt, to my p~rch~er ~o~ or assi~ee Buyer, pro, [ded ~at such Note Endorsements are to be subst~dally in the fo~ of E~ibit H to thc Agreem mi, appropriately completed; 2. To ex.cute, ~owledge, s¢~ ~d d¢liwr, on beh~f of Sell~, the ~si~=t ~d Lost ~s~ent A~davit with resp~t to my Note which has been lost or is unav~lable' ~ provided for in ~e A~eemcnt, to the Buy~ or,' subject to thc terms ~d conditions 8f the A~eemen/, to any p~chaser from or assignee of Buy~, provided that ~y such Accident and Lost Increment Affidavit ar~ to b~ substmtially in thc fom~ of Exhibit C to the' A~ecm~t ~appropnate]y completed; 3. ~ To execute, ac~owl~ge, seal ~d deliver, on behalf of Sell~, ~ Accidents of ~ Doc~m~is ~ respect to ~1 of thc Lo~s, to thc Buyer or, subject to thc t¢~s ~d condition~ bfthc Agreement, to ~y purchaser from or assi~ec of Buyer, provided that such . I Assignments of ~ Docum~t~ are to be subst~tially in the fo~ of Exhibit D to A~eement~ with such modifications ~ may be required to comply wi~ Transfer~ecordation R~quircments md appropriately 4. To execute, ae~owledge, seal md deliver, on behalf of Se~er, assi~mcnts of scc~W int~st with respect to ali of the Lo~s to the Buyer or, subject to the te~s conditions ~of ~e A~eement, to any p~ohaser from or assi~ee of Buy~; and ~. To endorse checks wi~ respect to ~y of the Loans that ~e made payable to Salter ~d rcCcivbd by Buyer; provided, however, ~at any such endorsement on he. If of Seller sh~]. bo wi~o~( recourse ~d without ~y representation or wa~ of ~Y t~e, kin~ ch~a~t~ or nat~e. ' Ttfis inst~ent is to be com~ed and inteereted as a limited power of a~omey ~d does not ~poWer or au~ofize ~e said a~om~s-in-het to do any act or execute my docummt on bel~f of the SBA or Seller not specifically described herein. Rb 200115453 ..... 17ane~ 1 , Tish F'caley t~D'~/*~' '"' RE[:ORI) 1~6 FEE,. . ~6. O0 M IO R O FI L M E Of_ [;'r [;: [~ a t: e 10/.};8,: / B ()0 :[.. ' T J. ,~ e :L 3 ~ 5 l.: :1. 7 o= ¢,".~ scANNED ' , ~:;'"'?~ - , ,, "::::.' /J ,:~ ? '.':,, :: .;. 7 9 7 ERIE COUNTY OHIO RECORDER · ' RN 200115453 Page 2 of Tl~e fights, pew.s ~d authority of ~e attorneys-in-fact ~ted in this instrument shall co~c~ md be in full force md effect on the date of ex~ution hereof ~d such h~ts, powors ~d auth(,fity ~11 rem~n ~ full force ~d effect until 11.:59 p.m., Washington, D.C. time, on August 1~ 2001. Dat~: A]~fil ~ 2001 U.S. SMALL BUS.SS ~M~ST~TION, ~old S. Rosenth~ Authohzed Agent i ACKNOWLEDGMENT DISTRAIT OF COLUMBIA, ss: 1 e~re me, William A, George, Jr., a Notary Public in and for the jurisdiction aforesaid, on this _,'_._~ day of April. 2001, personally appeared Arnold S. Rosenthal, who is personally well known t~ me (or sufficiently proven) to be an authorized agent of the Administrator of the U.S. Small Bt siness Administration and the person who executed the foregoing instrument by virtue oft.he authority vested in him and he did acknowledge the signing of the foregoing instrument be his f~:e and voluntary act and deed as an authorized agent of the Administrator of the U.S. Small Business Administration, for and on behalf of the Administrator of the U.S. Small Business, Administration in the capacities indicated therein and for the uses, purposes and consider ation therein set forth. '~titness my. hand and official seal ~hls~-~' day of April, 2001 Notary Public f' / ' My commission expires:. EXHIBIT A  . Attorneys- In- Fact D. Andre Beal D. Erick ~yrd Mary Hu! William '. Saurmunann ClarkE. ~,nright Bonnie ,okes Cora Klm Carol We Ich Gloria Fc llis Becky B. Daggett Michael I. Barnett Sandy S~lith FRIE COUNT¥ 0HI0 RECORDER Molly Ct fl RN 200115453 Page 3 of 5 W. T. H~ ~ley Kri~ti L. 2raig Judy L. ~illiams Allison N £anin Bridget L. Mayek Rick BoI~ gus Dawn Mi ;Shirley Amy She ItOh Jolm Mi[ Heath Fr! zier Chester ,evings EI"'<;I:E COUI'.ITY OH;I;O RECOI::DEi:;: t:',: 1"I ~200:1.15453 ' Pa.r. te 4 ,~::,f 5 0 8 ' ? ~'i' , .i ~,,,~, ~.. 800 EI;:IE (::OUI,ITY [)HIO R[q aO0:1154~,3 Pa~.e 5 ~:~'f '5