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2. To collect and receive any or all of the following in accordance with the
existing laws, policies, rules and regulations of the Land Bank:
2.8. Any and all checks issued or hereinafter will be issued by the Land
Bank of the Philippines in my name;
3. To make, execute and sign any and all papers, writings or documents such
as but not limited to DAWU, DOT, undertakings or warranties required or
necessary in the processing, perfection, or consummation of any or all of
the above transactions / activities, including the authority to assign/
endorse any and all Land Bank bonds in my name for the purpose of bond
redemption;
4. To sell, assign, dispose, transfer or endorse any and all Land Bank bonds in
my name for such price or prices and under such terms and conditions as
my Attorney-in-Fact may deem proper and to execute, sign and deliver such
instruments, conveyances or contacts as may be necessary therefor;
5. To secure emergency loan from Land Bank and use the sale proceeds for my
bonds in the Board Trading Board to settle these obligations;
6. To receive payments, either in cash, check or any other form of payment,
from the buyer thereof;
7. To encash, sign and endorse any and all checks by the Land Bank in my
favor as settlement / compensation and/or by virtue of a bond transaction,
and to acknowledge to have received the cash equivalent of the said
checks;
8. To deliver to me for my disposition any and all checks/cash and /or Land
Bank bonds claimed, collected or received by my Attorney-in-Fact from the
Land Bank of the Philippines by reason of any or all the above
transaction/activities, unless otherwise authorized by me;
It is understood that this Special Power of Attorney shall remain valid and
effective until LandBank shall been notified in writing by me or its revocation/
cancellation/amendments/modification and that the LandBank shall be free from
any liability that may have risen from the above delegated acts and things done and
performed by my Attorney-in-fact prior to its receipt of the notice of revocation/
cancellation/amendments/modification hereof as we shall assume full and
unconditional responsibility thereof.
It is further understood that this Special Power of Attorney will be used for
transactions with the LANDOWNERS' COMPENSATION DEPARTMENTS I & II,
BOND SERVICING DEPARTMENT and LANDOWNERS ASSISTANCE
DEPARTMENT of the LAND BANK only and we are submitting myself to all rules
and regulations Land Bank has or may issue for the purpose of regulating the
conduct of my Attorney-in-Fact.
PRINCIPAL
ACCEPTED BY:
ATTORNEY-IN-FACT
__________________ __________________
(ACKNOWLEDGMENT)