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Fill and Sign the Special or Limited Power of Attorney for Real Estate Sales Transaction by Seller Arkansas Form

Fill and Sign the Special or Limited Power of Attorney for Real Estate Sales Transaction by Seller Arkansas Form

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Prepared by: __________________________       After Recording, Return to: ______________________________________ (Full Name of Party) ______________________________________ (Company, if applicable) ______________________________________ (Street Address) ______________________________________ SPECIAL POWER OF ATTORNEY FOR CLOSING REAL ESTATE TRANSACTION (Agent for Seller) NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. IF YOU HAVE ANY QUESTIONS ABOUT THESE POWERS, OBTAIN COMPETENT LEGAL ADVICE. YOU MAY REVOKE THIS SPECIAL POWER OF ATTORNEY IF YOU LATER WISH TO DO SO. STATE OF ARKANSAS COUNTY OF ________________ KNOW ALL MEN BY THESE PRESENT, THAT I _______________________________ (Name of Principal) , whose address is _______________________________ (Street Address, City, State, Zip Code) desiring to execute a SPECIAL POWER OF ATTORNEY, hereby appoint _______________________________ (Name of Agent) , of _______________________________ (Street Address) , _______________________________ (City, County, State, Zip Code) as my Attorney- in-Fact to act as follows, GRANTING unto my Attorney-in-Fact full power to: To do all things necessary to close on the sale of the property described below, commonly known as __________________________________ (address), with full power and authority for me and in my name to execute any and all documents necessary to effect the sale, conveyance and settlement on said property to any person or persons of his choosing, including but not limited to, deeds, checks, receipts, releases, warranties, affidavits, contracts, addenda, settlement statements, loan commitments and disclosure statements, truth-in-lending statements, all forms of commercial papers, endorsements to checks, or the like, and any such other instrument or instruments in writing of whatever kind, character and nature as may be necessary to complete the sale, financing arrangements, and the settlement process . Special Power of Attorney Page 1 of 3 FURTHER GRANTING full power and authority to collect and receive any funds or proceeds of said sale in any manner which, in his sole discretion, he sees fit. The legal description of the property is as follows, to-wit: See legal description attached hereto as Exhibit A and incorporated herein for all purposes. Legal Description:       I hereby ratify and confirm all that said attorney-in-fact shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. All acts done by means of this power shall be done in my name, and all instruments and documents executed by my Attorney hereunder shall contain my name, followed by that of my attorney and the description "Attorney-in-Fact", excepting however any situation where local practice differs from the procedure set forth herein, in that event local practice may be followed. This SPECIAL POWER OF ATTORNEY shall be valid and may be relied upon by any third parties until such time as any revocation is recorded in the recorder's office of the recording district initially set forth above. DATED:       Signature of Principal _______________________________ Type/Print Name State of Arkansas , County of _______________________________ On this the ____________ day of ____________ , 20       , before me, ________________ , the undersigned officer, personally appeared _______________________________ , known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same for the purposes therein contained. In witness whereof, I hereunto set my hand and official seal. Special Power of Attorney Page 2 of 3 Notary Public My commission expires: ____________ _______________________________ Type or Print Name Principal: Attorney-in-Fact/Agent:             (Complete Name of Principal) (Complete Name of Agent/Attorney-in-Fact)             (Street Address) (Street Address)             (City, County, State, Zip Code) (City, County, State, Zip Code)             (Telephone number, including area code) (Telephone number, including area code) BY ACCEPTING OR ACTING UNDER THE APPOINTMENT, THE ATTORNEY-IN FACT ASSUMES THE FIDUCIARY AND OTHER LEGAL RESPONSIBILITIES OF AN ATTORNEY-IN FACT. Special Power of Attorney Page 3 of 3 EXHIBIT A Principal:       Agent:       Legal Description:       Special Power of Attorney Exhibit A

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