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BK: 2688 PG: 1491
<br /> (W
<br /> principal's charge accounts and terminate the principal's credit cards under circumstances where
<br /> the agent considers such acts to be in the principal's best interest.
<br /> INVESTMENT AUTHORITY
<br /> 7. To invest and reinvest the principal's funds in every kind of property,real,
<br /> personal,or mixed,and every kind of investment,specifically including,but not limited to,
<br /> corporate obligations of every kind;preferred or common stocks;shares of investment trusts,
<br /> investment companies,and mutual funds;mortgage participations;that,under the circumstances
<br /> then prevailing(specifically including but not limited to the general economic conditions and the
<br /> principal's anticipated needs)persons of skill,prudence, and diligence acting in a similar
<br /> capacity and familiar with those matters would use in the conduct of an enterprise of a similar
<br /> character and with similar aims,to attain the principal's goals; and to consider individual
<br /> investments as part of an overall plan.
<br /> AUTHORITY TO COLLECT ASSETS,COMPROMISE CLAIMS,AND LITIGATE
<br /> 8. To demand,sue for,and collect all sums of money,debts,accounts,legacies,
<br /> bequests,interest,dividends,annuities, and demands that are now or may later become due or
<br /> payable to the Principal,including any benefits payable by any governmental body or agency
<br /> (such as Supplemental Social Security(SSI),Medi-Cal,Medicare and Social Security Disability
<br /> Insurance(SSDI)(for purposes of receiving Social Security benefits,the Agent is hereby
<br /> appointed as the Principal's Representative Payee)),and to compromise claims for such assets
<br /> and grant discharges for such assets in the Principal's name.
<br /> 9. To prosecute or defend actions, claims,or proceedings for the protection of the
<br /> Principal's property,including the power to renew,extend,compromise,arbitrate, adjust and
<br /> settle or lease(with or without consideration)any claim,debt or obligation that is held by or
<br /> asserted against the Principal or the Principal's property or that affects such property;to foreclose,
<br /> extend the time of payment for,assign,partially release,or discharge mortgages,deeds of trust,
<br /> security interests,and other liens,and with respect to deeds of trust,to execute subordination,
<br /> acreage or lot releases,and requests for partial or full reconveyance.
<br /> PERSONAL CARE PROVISIONS
<br /> 10. To do all things and enter into all transactions necessary to provide for the
<br /> Principal's personal care,to maintain the Principal's customary standard of living,to provide
<br /> suitable living quarters for the Principal, and to hire,compensate,and discharge household,
<br /> nursing,and other employees as the Agent considers advisable for the Principal's well being.
<br /> The above shall specifically include but not be limited to the authority to procure and pay for
<br /> clothing,transportation,recreation,travel,medicine,medicinal care,food,and other needs and to
<br /> make arrangements and enter into contracts on behalf of the Principal with hospitals,hospices,
<br /> DPOA of Allan Marshall Edward Licht
<br /> a.k.a.A.Marshall Licht
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