Ownership Authorization Agreement

OWNERSHIP AUTHORIZATION AGREEMENT

This Ownership Authorization Agreement ("Agreement") is entered into as of Date: by and between Owner Name: with a primary address at Owner Address: ("Owner"), and Authorized Agent Name: with a primary address at Agent Address: ("Agent").

RECITALS

WHEREAS, Owner is the lawful legal owner of the property described as:

WHEREAS, Owner desires to grant Agent certain limited powers to manage, transfer, encumber, license, or otherwise act with respect to the property identified above in accordance with the terms and limitations set forth in this Agreement; and

WHEREAS, Agent is willing to accept such authorization subject to the terms, duties, warranties, and limitations set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

1. GRANT OF AUTHORIZATION

1.1 Owner hereby appoints and authorizes Agent, and Agent accepts such appointment, to act on Owner's behalf with respect to the Property described above. The authority granted includes the power to: (a) negotiate, execute and deliver instruments of transfer, sale, lease, license or other conveyances; (b) receive and endorse checks and other payments; (c) execute and file any documents necessary to effect transfers or encumbrances; and (d) take any other actions reasonably necessary to accomplish the authorized transactions, subject to the express limitations set forth in Section 2.

2. SCOPE AND LIMITATIONS OF AUTHORITY

2.1 The authorization is limited to the following specific activities:

2.2 Agent shall not: (a) sell, transfer or encumber the Property for amounts exceeding $ without prior written consent of Owner; (b) alter the legal title to the Property except by instruments expressly approved in writing by Owner; or (c) delegate this authority to any third party without Owner's prior written consent.

3. TERM AND TERMINATION

3.1 This Agreement shall commence on the Effective Date specified above and shall continue in full force and effect until Termination Date: unless earlier terminated as provided herein.

3.2 Owner may revoke this authorization at any time by providing written notice to Agent in accordance with Section 8. Revocation shall be effective upon receipt by Agent, but shall not affect actions taken by Agent in good faith prior to receipt of such notice.

4. REPRESENTATIONS AND WARRANTIES

4.1 Owner represents and warrants that Owner is the sole lawful owner of the Property, that the Property is free and clear of liens and encumbrances except as disclosed in writing to Agent, and that Owner has full authority to grant the powers set forth in this Agreement.

4.2 Agent represents and warrants that Agent will exercise the authority granted hereunder in good faith, in the best interests of Owner, and in compliance with all applicable laws and fiduciary duties.

5. DUTIES, STANDARD OF CARE AND RECORDS

5.1 Agent shall keep complete and accurate records of all transactions, receipts, disbursements and instruments executed on behalf of Owner under this Agreement and shall make such records available to Owner upon reasonable request.

5.2 Agent shall act with the care, skill and diligence ordinarily exercised by persons performing similar functions and shall not engage in self-dealing in connection with the Property.

6. INDEMNIFICATION

Owner shall indemnify, defend and hold Agent harmless from and against any and all claims, liabilities, losses, damages and expenses (including reasonable attorneys' fees) arising out of or relating to acts performed by Agent pursuant to this Agreement, except to the extent such claims arise from Agent's gross negligence, willful misconduct or material breach of this Agreement.

7. CONFIDENTIALITY

Agent shall maintain as confidential all nonpublic information received from Owner in connection with this Agreement and shall not disclose such information except as reasonably necessary to perform duties hereunder or as required by law. This confidentiality obligation survives termination of this Agreement.

8. NOTICES

All notices required or permitted under this Agreement shall be in writing and shall be deemed given when delivered personally, sent by nationally recognized overnight courier, or three (3) business days after deposit in the U.S. mail, postage prepaid, to the address provided above (or to such other address as either party may designate by notice).

9. AMENDMENTS; WAIVER

This Agreement may be amended only by a written instrument signed by both parties. No delay or failure to exercise any right shall operate as a waiver of that right unless such waiver is in writing and signed by the waiving party.

10. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to its conflict of laws principles.

11. ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings and communications, whether written or oral, concerning the Property and the authorization granted herein.

12. SEVERABILITY

If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be severed and the remaining provisions shall remain in full force and effect to the maximum extent permitted by law.

13. COUNTERPARTS

This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. Signatures delivered by electronic means shall be binding for all purposes.

14. MISCELLANEOUS

The headings in this Agreement are for convenience only and shall not affect the interpretation of this Agreement. Any ambiguity shall not be construed against the drafting party.

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