HomeMy WebLinkAboutDisclosure Sratement A a
DISCLOSURE STATEMENT
INFORMATION CONCERNING STATUTORY DLJRARI1E
POWER OF ATTORNEY FOR PROPERTY TRANSACTIONS
FOR
SANDRA K. FORD
THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING.
Except for the powers that you have crossed out, you arc authorizing the person named as your
agent (attorney-in-fact) full legal power and authority to act on your behalf by taking any and all
actions relating to the indicated transactions_ Accordingly, the person you appoint as agent
should he someone you trust completely. If for example, you give your agent the power to
handle real property transactions on your behalf, your agent will be able to bind you on all of the
actions set out in Section 492 of the Texas Probate Code. A copy of the relevant Texas Probate
Code provisions, containing all of the powers that you can incorporate by reference into your
power of appointment, is attached hereto. In deciding whether you want your agent to have a
particular power, YOU SHOULD REM) THE CORRESPONDING STATUTORY
PROVISION. If you have any questions about this document, or about any of the statutory-
powers, you should address these questions to a member of the WATSON LAW FIRm. L.L_P.. or to
some other attorney of your choice. YOU MAY REVOKE THIS POWER OF ATTORNEY
AT ANY TIME IF YOU WISH TO DO SO.
You may wish to designate an alternate agent in the event that your agent is unwilling. unable or
ineligible to act as your agent. Any alternate agent you designate will have the same authority to
make property decisions for you. Even after you have signed this document, you have the right
to make property decisions for yourself as long as you arc able to do so.
This document does not authorize anyone to make medical or health care decisions for you_
Such decisions can be made pursuant to a Medical Power of Attorney, if you have executed one.
Sign below to acknowledge your receipt of this disclosure statement prior to your execution of
the Statutory Durable Power of Attorney, to affirm that YOU HAVE BEEN GIVEN THE
OPPORTUNITY (1) TO READ THE ATTACHED STATUTORY POWERS AND (2) TO
ASK ABOUT THE SCOPE OF ANY POWERS THAT YOU DO NOT FULLY
UNDERSTAND.
Sandra K. Ford
Date. 3 - 2 4-- 1.5_
STATUTORY DURABLE POWER OF ATTORNEY
NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE 13ROAI)
AND SWEEPING. THEY ARE EXPLAINED IN TI IF DURABLE POWER OF
e1TrORNEY ACT, CHAPTER XII, TEXAS PROBATE E CODE. IF YOU I I.aVr";
ANY QUESTIONS IONS ABOUT THESE POWERS. OBTAIN LEGAL ADVICE.
THIS DOCU'A NIT DOES NOT AUTHORIZE ANYONE TO MAKE
MEDICAL AND OTHER HEALTH-CARE DECISIONS FOR YOU. YOU
MAY REVOKE THIS POWER OF ATTORNEY IF YOU LATER WISH T0
1)U SO.
I, Sandra K. Ford, a resident of Bryan, Brazos County, Texas, my address being 8818
F.M. 1179, Bran, Texas, 77808 appoint both Markey Ford T3cilue'. whose address is 6350
Ethan Lane, Bryan,Texas, 77802,and L.A. Ford, III whose address is 3700 Sierra Drive, Bryan.
Texas. 77802 as my agents and attorneys-in-fact to serve simultaneously and to act in
conjunction with one another in making any decision for me in any lawful way with respect to all
of the following powers except for a power that I have crossed out below. No act of either agent
is binding on mc unless the document is signed by both agents.
TO WITHHOLD A POWER. YOU MUST CROSS OUT T ACT I POWI R WITHHELD:
(A) Real property transactions including the explicit right to list and sell the properties
further described with particularity in Exhibits"A" and"B"attached her-cc);
(B) Tangible personal property transactions;
(C) Stock and bond transactions;
(D) Commodity and option transactions.
(F) Banking and other financial institution transactions;
(F) Business operating transactions:
(G) Insurance and annuity transactions:
(H) Estate,trust,and other beneficiary transactio:is;
(I) Claims and litigation;
(.I) Personal and family maintenance;
(K) Benefits from Social Security, Medicare, Medicaid. or other governmental
programs or civil or military service;
(I.) Retirement plan transactions; and
(M) Tax matters.
IF NO POWER LISTED ABOVE IS CROSSED OUT. THIS DOCUMENT SHALL BE
CONSTRUED AND INTERPRETED AS A OENERAI. POWER OF ATTORNEY AND MY
AGENT (ATTORNEY-IN-FACT) SHALL HAVE THE POWER AND AUTHORITY TO
PERFORM OR UNDERTAKE ANY ACTION I WOULD PERFORM OR UNDERTAKE IF I
WERE PERSONALLY PRFSF\ .
SPECIAL l STRL'CTIONS:
to efts - iri from of the sentence to have it
t or:tilt my :35 ent (:,ttnrrrev-in-(.1r11 ih nr i r r re, !i t'ir kr rri,r 1.'1rruv+r1v Irt ,»•a t.•r• egi etc