HomeMy WebLinkAbout969614RECORDATION REQUESTED BY:
Dean Watterson
682 S. Twin Creek Road
Kemmerer, Wyoming 83101
GENERAL POWER OF ATTORNEY
OF
DEAN WATTERSON
GENERAL POWER OF ATTORNEY OF DEAN WATTERSON- 1
RECEIVED 2/21/2013 at 3:54 PM
RECEIVING 969614
BOOK: 805 PAGE: 254
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
I, DEAN WATTERSON, of 682 S. Twin Creek Road, Kemmerer, Lincoln County,
Wyoming 83101, Social Security Number_ designate and appoint
NANCI L. ULI, 1718 W. Glade Creek Street, Meridian, Ada County, Idaho 83646, as my
attorney in fact and agent (subsequently called "agent to act in my name and for my
benefit on the following terms and conditions:
1. Authority to Act. The Agent is authorized to act for me under this Power
of Attorney and shall exercise all powers in my best interest and for my welfare.
2. Powers of Agent. The Agent shall have the full power and authority to
manage and conduct all of my affairs, and to exercise my legal rights and powers,
including those rights and powers that I may acquire in the future, including the
following:
i) Collect and Manage. To collect, hold, maintain, improve, invest, lease,
or otherwise manage any or all of my real or personal property or any interest therein;
ii) Buy and Sell. To purchase, sell, mortgage, grant options, or otherwise
deal in any way in any real property or personal property, tangible or intangible, or any
interest therein, upon such terms as the Agent considers proper, including the power to
buy United States Treasury Bonds that may be redeemed at par to pay federal estate
tax and to sell or transfer Treasury securities;
iii) Borrow. To borrow money, to execute promissory notes therefore, and to
secure any obligation by mortgage or pledge;
iv) Business and Banking. To conduct and participate in any kind of lawful
business of any nature or kind, including the right to sign partnership agreements,
continue, reorganize, merge, consolidate, recapitalize, close, liquidate, sell, or dissolve
any business and to vote stock, including the exercise of any stock options and the
carrying out of any buy sell agreement; to receive and endorse checks and other
negotiable paper, deposit and withdraw funds (by check or withdrawal slips) that I now
2a
have on deposit or to which I may be entitled in the future in or from any bank, savings
and loan, or other institution;
v) Tax Returns and Reports. To prepare, sign, and file separate or joint
income, gift, and other tax returns and other governmental reports and documents; to
consent to any gift; to file any claim for tax refund; and to represent me in all matters
before the Internal Revenue Service;
vi) Safe Deposit Boxes. To have access to any safety deposit box
registered in my name alone or jointly with others, and to remove any property or
papers located therein;
vii) Proxy Rights. To act as my agent or proxy for any stocks, bonds,
shares, or other investments, rights, or interests I may now or hereafter hold;
viii) Legal and Administrative Proceedings. To engage in any
administrative or legal proceedings or lawsuits in connection with any matter herein;
ix) Transfers in Trust. To transfer any interest I may have in property,
whether real or personal, tangible or intangible, to the trustee of any trust that I have
created for my benefit;
x) Delegation of Authority. To engage and dismiss agents, counsel, and
employees, in connection with any matter, upon such terms as my agent determines;
xi) Restrictions on Agent's Powers. Regardless of the above statements,
my agent (1) cannot execute a will, a codicil, or any will substitute on my behalf; (2)
cannot change the beneficiary on any life insurance policy that I own; (3) cannot make
gifts on my behalf; and (4) may not exercise any powers that would cause assets of
mine to be considered taxable to my agent or to my agent's estate for purposes of any
income, estate, or inheritance tax, and (5) cannot contravene any medical power of
attorney I have executed whether prior or subsequent to the execution of this Power of
Attorney.
3) Durability. This durable Power of Attorney shall not be affected by my
death or disability except as provided by law, and shall continue in effect until my death
or until revoked by me in writing.
4) Reliance by Third Parties. Third parties may rely upon the
representations of the Agent as to all matters regarding powers granted to the Agent.
No person who acts in reliance on the representations of the Agent or the authority
granted under this Power of Attorney shall incur any liability to me or to my estate for
permitting the Agent to exercise any power prior to actual knowledge that the Power of
Attorney has been revoked or terminated by operation of law or otherwise.
GENERAL POWER OF ATTORNEY OF DEAN WATTERSON- 2
002 5 6
5) Indemnification of Agent. No agent named or substituted in this power
shall incur any liability to me for acting or refraining from acting under this power, except
for such agent's own misconduct or negligence.
6) Original Counterparts. Photocopies of this signed Power of Attorney
shall be treated as original counterparts.
7) Revocation. I hereby revoke any previous Power of Attorney that I may
have given to deal with my property and affairs as set forth herein.
8) Compensation. The Agent shall be reimbursed for reasonable expenses
incurred while acting as Agent but may not receive compensation for acting as agent.
IN WITNESS WHEREOF, I have executed this General Power of Attorney
this day of February, 2013.
Signed, sealed, and celivered in the presence of:
Witness
STATE OF WYOMING
County of 1,`i,-vol,(N
My Commission Expires
COUNTY OF
LINCOLN
ss.
Subscribed and sworn to and
2013.
STATE OF
WYOMING
DEAN WATTERSON
acknowledged before me by
on the ral day of February,
\\IY\
Notary Public for Wyoming
Commission Expires:
GENERAL POWER OF ATTORNEY OF DEAN WATTERSON- 3