ACKNOWLEDGMENT
Grant
of exclusive power of attorney to conduct all
taxing, business, and legal affairs
of principal person.
POWER OF
ATTORNEY
1)
KIM WADE GATEWOOD, KIM GATEWOOD, KIM W. GATEWOOD, DEBTOR, 1320 6TH
ST SHALLOWATER TEXAS 79363, does hereby appoint Kim Wade Gatewood, Creditor,
c/o 1320 6th St Shallowater, Texas [79363] as my attorney in fact,
to take exclusive charge of, manage, and conduct all of my tax, business and
legal affairs, and for such purpose to act for me in my name and place, without
limitation on the powers necessary to carry out this exclusive purpose of
attorney in fact as authorized:
(A) To take possession of, hold, and
manage my real estate and all other property;
(B) To receive money or property paid
or delivered to me from any source;
(C) To deposit
funds in, make withdrawals from, or sign checks or drafts against any account standing in my name
individually or jointly in any bank or other depository, to cash coupons, bonds or
certificates of deposits to endorse checks, notes or other documents in my
name; to have access to, and place items in or remove them from, any safety deposit box standing
individually , and otherwise to conduct bank transactions or business for me in my
name;
(D)
To pay my just debts and expenses, including reasonable expenses incurred by
my attorney in
fact Kim Wade Gatewood, in exercising this exclusive power of attorney;
(E) To retain any investments, invest,
and to invest in stock, bonds or other securities, or in real estate or other
property;
(F) To give general and special proxies
or exercise rights of conversion or rights with respect to shares or securities, to
deposit shares or securities with, or transfer them to protective committees or similar bodies,
to join in any reorganization and pay assessments or subscriptions called for in connection with
shares or securities;
(G) To sell, exchange, lease, give
options, and make contracts concerning real estate or other property for such
considerations and on such terms as my attorney in fact Kim Wade Gatewood, may consider
prudent;
1
of 3
(H)
To improve or develop real estate, to construct, alter, or repair building
structures and
appurtenances or real estate; to settle boundary lines, easements, and
other rights with
respect to real estate; to plant, cultivate, harvest, and sell or
otherwise dispose of crops and timber, and do all things necessary or
appropriate to good husbandry;
(I) To provide for the use,
maintenance, repair, security, or storage of my tangible property;
(J) To purchase and maintain such
policies of insurance against liability, fire, casualty, or other risks as my attorney
in fact Kim Wade Gatewood may consider prudent;
The
Creditor, Kim Wade Gatewood, named herein on the birth certificate filed at
the Bailey County Courthouse, in
Muleshoe, Texas, on page 395
Volume 10 of the records
of birth, and filed with the
Texas Department of Health, Bureau of Vital Statistics, and with the Secretary of State of Texas
and with myself, is authorized by law to act for and in control of the DEBTOR, KIM WADE GATEWOOD,
KIM GATEWOOD, KIM W.
GATEWOOD or any/all derivative thereof. In addition, through the
exclusive power of
attorney to contract for all business and legal affairs for the principal
person KIM WADE GATEWOOD,
KIM GATEWOOD, KIM W. GATEWOOD, DEBTOR.
The
term “exclusive” shall be construed to mean that while these powers of attorney
are in force, only my attorney in-fact may obligate me in these matters, and I
forfeit the capacity to obligate myself with regard to same. This grant of
Exclusive Power is Irrevocable during the lifetime of the Creditor Kim Wade
Gatewood.
Executed
and sealed by the voluntary act of my own hand, this Day of 2003. A.D.
This
instrument was prepared by Kim Wade Gatewood.
Acceptance:
, GRANTOR
Debtor
Signature
I, the above named exclusive attorney in
fact,
do hereby accept the fiduciary
interest of the
herein-named Debtor-Grantor and will
execute
the herein-granted powers of -attorney
with due
diligence.
Kim
Wade Gatewood, Secured Party, Attorney in fact
2
of 3
Witness Witness
STATE OF TEXAS }
}SS:
COUNTY OF LUBBOCK }
Jurat
Kim Wade Gatewood, known by me or made known by proper
identification and duly sworn and subscribed in My presence this day of 2003 A.D.
NOTARY PUBLIC- SIGNATURE
NOTARY PUBLIC- PRINTED NAME
My
commission expires:
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