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General Power of Attorney Form 2

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General Power of Attorney Form 2 Page 2
(f) To transact business of any kind or class as my act and deed to sign, execute, acknowledge and deliver
any deed, lease, assignment of lease, covenant, indenture, indemnity, agreement, mortgage, deed of trust, assignment
of mortgage or of the beneficial interest under deed of trust, extension or renewal of any obligation, subordination or
waiver of priority, hypothecation, bottomry, charter-party, bill of lading, bill of sale, bill, bond, note, whether negotiable
or non-negotiable, receipt, evidence of debt, full or partial release or satisfaction of mortgage, judgment and other
debt, request for partial or full reconveyance of deed of trust and such other instruments in writing or any kind or class
as may be necessary or proper in the premises.
(g) To [Strike if not applicable.] This Power of Attorney shall not be affected by subsequent incapacity of the
principal [and shall remain effective for a period of ___________________________________________ years after the
disability or incapacity occur ].
(h) [Strike if not applicable.] This Power of Attorney shall become effective upon the incapacity of the
principal [and shall remain effective for a period of ___________________________________________ years after the
disability or incapacity occurs].
(i) If (g) and/or (h) are not stricken, the Notice of Persons Executing Durable Power of Attorney applies.
NOTICE TO PERSON EXECUTING DURABLE POWER OF ATTORNEY
A durable power of attorney is an important legal document. By signing the durable power of attorney, you
are authorizing another person to act for you, the principal. Before you sign this durable power of attorney, you should
know these important facts:
Your agent (attorney-in-fact) has no duty to act unless you and your agent agree otherwise in writing.
This document gives your agent the powers to manage, dispose of, sell, and convey your real and personal
property, and to use your property as security if your agent borrows money on your behalf. This document does not
give your agent the power to accept or receive any of your property, in trust or otherwise, as a gift, unless you
specifically authorize the agent to accept or receive a gift.
Your agent will have the right to receive reasonable payment for services provided under this durable power
of attorney unless you provide otherwise in this power of attorney.
The powers you give your agent will continue to exist for your entire lifetime, unless you state that the durable
power of attorney will last for a shorter period of time or unless you otherwise terminate the durable power of attorney.
The powers you give your agent in this durable power of attorney will continue to exist even if you can no longer make
your own decisions respecting the management of your property.
You can amend or change this durable power of attorney only by executing a new durable power of attorney
this durable power of attorney at any time, so long as you are competent.
This durable power of attorney must be dated and must be acknowledged before a notary public or signed by
two witnesses. If it is signed by two witnesses, they must witness either (1) the signing of the power of attorney or
(2) the principal’s signing or acknowledgment of his or her signature. A durable power of attorney that may affect real
property should be acknowledged before a notary public so that it may easily be recorded.
You should read this durable power of attorney carefully. When effective, this durable power of attorney will
give your agent the right to deal with property that you now have or might acquire in the future. The durable power
Of attorney is important to you. If you do not understand the durable power of attorney, or any provision of it, then
you should obtain the assistance of an attorney or other qualified person.
NOTICE TO PERSON ACCEPTING THE APPOINTMENT AS ATTORNEY–IN-FACT
By acting or agreeing to act as the agent (attorney-in-fact) under this power of attorney you assume the
Fiduciary and other legal responsibilities of an agent. These responsibilities include:
1. The legal duty to act solely in the interest of the principal and to avoid conflicts of interest.
2. The legal duty to keep the principal’s property separate and distinct form any other property owned
Or controlled by you.
You may not transfer the principal’s property to yourself without full and adequate consideration or accept a
gift of the principal’s property unless this power of attorney specifically authorizes you to transfer property to yourself
or accept a gift of the principal’s property. If you transfer the principal’s property to yourself without specific
authorization in the power of attorney, you may be prosecuted for fraud and/or embezzlement. If the principal is 65
years of age or older at the time that the property is transferred to you without authority, you may also be prosecuted for
elder abuse under penal Code Section 368. In addition to criminal prosecution, you may also be sued civil court.
THIS FORM IS NOT VALID FOR HEALTH CARE DECISIONS.
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General Power of Attorney Form 2