POWER OF ATTORNEY - TO DRAW, ACCEPT, AND ENDORSE NEGOTIABLE
INSTRUMENTS
The undersigned, ______________, of
_____________________________________ (address), hereby designates __________
(name) as __________ (his or her) attorney- in-fact to represent the
undersigned: (1) in maintaining an account with ___________ (bank), of ____________________________________________________________
(address), (2) in drawing negotiable instruments on this account, regardless of
whether the account at the time of the presentation or honoring of the
negotiable instrument is in credit to the full amount of the negotiable
instrument; (3) in accepting all negotiable instruments drawn on the
undersigned; (4) in indorsing and delivering for deposit with or collection by
__________ (bank) all negotiable instruments; (5) and in doing everything that
needs to be done as fully as the undersigned could do if personally present,
with full power of substitution, to satisfy all that __________ (attorney in
fact), or any lawfully appointed substitute, can do or cause to be done by
virtue of __________ (his or her) appointment. __________ (Bank) is authorized
to pay all negotiable instruments and to receive all negotiable instruments in
payment from any holder, without inquiring as to the circumstances of the issue
or the disposition of the proceeds of the negotiable instruments, whether drawn
to the individual order of __________ (attorney in fact), or any substitute for
__________ (attorney in fact), as payee, or indorsed to __________ (attorney in
fact) as indorsee, or tendered in payment of the individual obligations of
__________ (attorney in fact), or otherwise.
The following is an exemplar of the signature of
_____________________________.
(attorney in fact)
This power of attorney may be revoked only by notice
in writing signed by the undersigned and delivered to __________ (bank), at
__________ (address), __________ (city), __________ County, __________ (state).
If this power of attorney is terminated by operation of law or if any
substitution is revoked without notice to __________ (bank), the undersigned,
to induce __________ (bank) to act, agrees to indemnify __________ (bank) from
any loss suffered or liability incurred by __________ (bank) in acting under this
power of attorney, until a notice of revocation of this power of attorney has
been delivered to __________ (bank).
Dated:
_________________________
_______________________________
Signature