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RECEIVED /~"'
LINCOLN COUNTY CLERK
SPECIAL POWER OF ATTORNEY
I, Paula K. Stevens, residing at 1750 Pack Saddle Drive, Jackson, Wyoming 83001, hereby
appoint Michael J. Stevens of 1750 Pack Saddle Drive, Jackson, Wyoming 83001, as my
attorney-in-fact ("Agent") to exercise the powers and discretions described below.
My agent shall have full power and authority to act on my behalf but only to the extent permitted
by this Special Power of Attorney. My Agent's powers shall include the power to:
1. Mortgage or encumber any interest of mine in real estate located at:
Alpine Village Lot 49 (portion)
Alpine, Wyoming
and legally described on the attached Exhibit.
The mortgage amount shall not exceed $150,000.00.
This power shall include the power to (i) mortgage or encumber on such terms as my Agent
shall deem appropriate, subject to the limitations (if any) stated above, (ii) sign any
documents (including a mortgage or deed of trust), and (iii) take any other action that may be
required to effect such mortgage or encumbrance.
If the Agent is my spouse, then I also hereby apl~int None of .~
, . ............ . ................. ; as my substitute Agent
solely for the purpose of releasing any dower, homestead or other inchoate interest or other
property rights (of Whatever nature) which under local law may not be released by my
spouse.
2. Obtain credit or borrow money in an amount not to exceed $150,000.00.
This power shall include the power to (i) obtain credit upon such terms as my Agent may
deem appropriate, subject to the limitations (if any) stated above, (ii) sign any documents
(including notes, credit agreements, security agreements, and financing statements), and (iii)
take any other action that may be required to complete the above transactions.
I hereby grant to my Agent the full right, power, and authority to do every act, deed, and thing
necessary or advisable to be done regarding the above powers, as fully as I could do if personally
present and acting.
Any power or authority granted to my Agent under this document shall be limited to the extent
necessary to prevent this Power of AttorneY from causing, (i) my income to be taxable to my
Agent, (ii) my assets to be subject to a general power of appointment by my Agent, or (iii) my
Agent to have any incidents of ownership, with respect to any life insurance policies that I may
own on the life of my Agent.
My Agent shall not be liable for any loss that results from a judgment error that was made in good
faith. However, my Agent shall be liable for willful misconduct or the failure to act in good faith
while acting under the authority of this Power of Attorney. A successor Agent shall not be liable
for acts of a prior Agent.
No person who relies in good faith on the authority of my Agent under this instrument shall incure
any liability to me, my estate or my personal representative. I authorize my Agent to indemnify
and hold harmless any third party who accepts and acts under this document.
If any part of any provision of this instrument shall be invalid or unenforceable under applicable
law, such part shall be ineffective to the extent of such inValidity only, without in any way
affecting the remaining parts of such provision or the remaining provisions of this instrument.
My Agent shall not be entitled to any compensation, during my lifetime or upon my death, for any
services provided as my Agent. My Agent shall not be entitled to reimbursement of expenses
incurred as a result of carrying out any provision of this Power of Attorney.
My Agent shall provide an accounting for all funds handled and all acts performed as my Agent,
but only ifI so request or if such a request is made by any authorized personal' representative or
fiduciary acting On my behalf.'~,
This Power of Attorney shall become effective immediately. This Power of Attorney shall
continue effective until December 31, 2002 or until I lack sufficient mental competence to
understand and handle my financial and personal affairs. This Power of Attorney may be revoked
by me at any time by providing written notice to my Agent.
Dated.~-~-~'~(~&'~t--Y. ,,~ ,~,¢~ 0~_j,,_ at Jackson, Wyoming.
Paula K. Stevens
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STATE OF WYOMING, COUNTY OF TETON, ss:
This instrument was acknowledged before me on this
~'~'by Paula K. Stevens.
day of
Notaryp~blic ff -
My (¢flmmission expires
This document was prepared by:
Name:
Address ~
Michael J. Stevens
1750 Pack Saddle Drive
Jackson, Wyoming 83001
(307)734-5129
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