Oklahoma Durable Power of Attorney

GENERAL DURABLE POWER OF ATTORNEY

THE POWERS YOU GRANT BELOW ARE EFFECTIVE
EVEN IF YOU BECOME DISABLED OR INCOMPETENT

CAUTION: THIS IS AN IMPORTANT DOCUMENT. IT GIVES THE PERSON WHOM YOU DESIGNATE (YOUR "AGENT") BROAD POWERS TO HANDLE YOUR PROPERTY DURING YOUR LIFETIME, WHICH MAY INCLUDE POWERS TO MORTGAGE, SELL, OR OTHERWISE DISPOSE OF ANY REAL OR PERSONAL PROPERTY WITHOUT ADVANCE NOTICE TO YOU OR APPROVAL BY YOU. THESE POWERS WILL EXIST EVEN IF YOU BECOME DISABLED OR INCOMPETENT. THIS DOCUMENT DOES NOT AUTHORIZE ANYONE TO MAKE MEDICAL OR OTHER HEALTH CARE DECISIONS FOR YOU. YOU MAY EXECUTE A SEPARATE DOCUMENT FOR THAT PURPOSE. IF THERE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT UNDERSTAND, YOU SHOULD ASK A LAWYER TO EXPLAIN IT TO YOU.

KNOWN BY ALL PERSONS PRESENT, THAT:

I, , , "Principal", execute this Durable Power of Attorney and do hereby make, constitute and appoint:

, , "Agent" or "Attorney-in-Fact," as my attorney-in-fact TO ACT IN MY NAME, PLACE AND STEAD in any way which I myself could do as if I were personally present and to the extent that I am permitted by law to act through an agent, pursuant to the following provisions:

1. Effectiveness of Power of Attorney: This instrument is to be construed and interpreted as a general durable power of attorney effective immediately. This power of attorney shall not be affected by disability, incompetency, or incapacity of the Principal.

2. Grant of Powers: I grant to my Agent full power and authorization to do everything necessary in exercising any of the powers herein granted by this power of attorney as fully as I might or could do if personally present.

(a) Powers of Collection and Payment:

(1) To forgive, request, demand, sue for, recover, collect, receive and hold all sums of money, accounts, annuities, bequests, bonds, certificates of deposit, checks, commercial paper, debts, deposits, devises, dividends, drafts, dues, insurance, interests, legacies, notes, pension, profit sharing, retirement, social security, stock certificates and other contractual benefits and proceeds, and all documents of title, all property, real or personal, tangible or intangible, and property rights and demands whatsoever.

(2) To have, use, and take all lawful means and equitable and legal remedies and proceedings in my name for the collection and recovery thereof, and to adjust, sell, compromise, and agree for the same.

(b) Property Matters:

(1) To acquire, purchase, exchange and sell, or grant options to sell, mortgage, pledge, lease, sell and convey real or personal property, tangible or intangible, or interest therein, on such terms and conditions as my Agent shall deem proper.

(2) To sell, assign, transfer, convey, exchange, deed, mortgage, pledge, lease, let, license, demise, remise, quitclaim, bargain or otherwise dispose of any or all of my real estate, stocks, bonds, evidences of indebtedness and other securities.

(c) Management Powers: To maintain, repair, improve, invest, manage, insure, rent, lease, encumber, and in any manner deal with any real or personal property or interest therein.

(d) Banking Powers: To make, receive and endorse checks and drafts, deposit and withdraw funds, acquire and redeem certificates of deposit, and execute or release security agreements.

(e) Business Interests: To conduct or participate in any lawful business, execute partnership agreements, and exercise voting rights with respect to stock.

(f) Safe Deposit Boxes: To have access to any safe deposit box rented by me and to remove all or part of the contents thereof.

(g) Power to Hold Property and Make Investments: To hold or acquire any property, real or personal, or securities, for my best interest.

(h) Power to Borrow: To borrow any sum or sums of money on such terms as my Agent may think fit.

(i) Disclaimer: To exercise or release powers of appointment in whole or in part and to disclaim or renounce interests.

(j) Trusts: To transfer, assign and convey any property or interest in property to any trust of which I am the primary beneficiary.

(k) Power to Change Beneficiaries on Any Insurance Policies on my Life: To change the beneficiaries on any insurance policies on my life.

(l) Executing Government Vouchers: To execute vouchers in my behalf for any and all allowances, compensation and reimbursements.

(m) Depositing Money and Other Property: To deposit in my attorney's or my name funds or property, and to withdraw any part or all of my deposits.

(n) Recovering Possession of Property: To eject, remove or relieve tenants or other persons from any property.

(o) Litigation: To institute, maintain, defend, compromise, arbitrate or otherwise dispose of any and all actions, suits, attachments or other legal proceedings.

(p) Tax Returns: To prepare and execute any tax returns, claims for refund, protests and other tax-related documents.

(q) Automobiles: To execute and deliver documents necessary to effect proper registration of any automobile and transfer of legal title thereto.

3. MISCELLANEOUS: I grant to the Agent named herein the following additional powers of authority:

(a) In the event any agent named herein should be of the opinion at any time that she or he does not have the expertise to manage all or any part of my assets, I grant to said Agent the right and power to delegate the management powers hereinabove granted over all or any part of my assets to any person(s) or firm(s).

(b) I grant full and absolute authority to the Agent named herein, on a noncumulative, yearly basis, to make gifts to my children, spouse, and their children.

(c) I further authorize and empower the Agent named herein to use and apply so much of the income and principal of the assets comprising my estate as may be necessary or desirable.

(d) I further authorize and empower my Agent to engage, employ and dismiss any agents, clerks, servants, attorneys-at-law, accountants, investment advisors, custodians, or other persons in and about the performance of these presents.

4. Interpretation and Governing Law: This instrument is to be construed and interpreted as a general durable power of attorney. The laws of the State of Oklahoma shall govern all questions as to the validity of this power and the construction of its provisions.

5. Indemnity: I hereby bind myself to indemnify my Agent and any successor who shall so act, against any and all claims, demands, losses, damages, actions and causes of action.

6. Nomination of Guardian or Conservator: In the event court proceedings are commenced to appoint a guardian, conservator or other fiduciary to take charge of my person or property, I hereby nominate and appoint my Agent above-named.

7. Revocation: This general durable power of attorney may be voluntarily revoked by me by written instrument signed by me and delivered to my Agent.

8. Death: My death shall not revoke or terminate this agency as to my Agent or any other person who, without actual knowledge of my death, acts in good faith under this power of attorney.

9. Substitute Agent: If ceases to act as my Agent due to death, incapacity, or resignation, I appoint , to serve as my Agent.

10. Joint Power: If I name two persons to serve as my Agent hereunder, it is my intent that the power granted to them shall be a joint power.

FURTHER, I do authorize my aforesaid attorney to execute, acknowledge and deliver any instrument under seal or otherwise, and to do all things necessary to carry out the intent hereof.

PROVIDED, however, that all business transacted hereunder for me or for my account shall be transacted in my name.

My agent is entitled to reasonable compensation and reimbursement for reasonable expenses for services rendered.

TO INDUCE ANY THIRD PARTY TO ACT HEREUNDER, I HEREBY AGREE THAT ANY THIRD PARTY RECEIVING A DULY EXECUTED COPY OR FACSIMILE OF THIS INSTRUMENT MAY ACT HEREUNDER, AND THAT REVOCATION OR TERMINATION THEREOF SHALL BE INEFFECTIVE AS TO SUCH THIRD PARTY UNLESS AND UNTIL ACTUAL NOTICE OR KNOWLEDGE OF SUCH REVOCATION OR TERMINATION SHALL HAVE BEEN RECEIVED BY SUCH THIRD PARTY.

THIS DURABLE GENERAL POWER OF ATTORNEY MAY BE REVOKED BY ME AT ANY TIME.

Signed this day of , 20

The principal is personally known to me and I believe the principal to be of sound mind. I am eighteen (18) years of age or older. I am not related to the principal by blood or marriage, or related to the attorney-in-fact by blood or marriage. The principal has declared to me that this instrument is his power of attorney granting to the named attorney-in-fact the power and authority specified herein, and that he has willingly made and executed it as his free and voluntary act for the purposes herein expressed.

Witness:

Witness:

STATE OF OKLAHOMA )

SS. )

COUNTY OF )

Before me, the undersigned authority, on this day of , 20 personally appeared (principal), (witness), and (witness).

and that the principal has willingly and voluntarily made and executed it as the free act and deed of the principal for the purposes therein expressed.

Notary Public

My Commission Expires:

BY ACCEPTING OR ACTING UNDER THE APPOINTMENT, THE AGENT ASSUMES THE FIDUCIARY AND OTHER LEGAL RESPONSIBILITIES OF AN AGENT.

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