HomeMy WebLinkAboutRES 1983-01 - Board Q)
Q) Q)
�4 r-i
(1) ro Q) Q) En 4-4 -H 0
4 4J Q) 1�4 ll.� 0 41 ro ro ;:1 0 C� �4
a) 4-) ro U4-) 0 4-) ro 0 C) � E-q
�j -ri rq r-4 41 4-j Iz I 4-J (n p
� N cd 4-J (1) N rQ) r--i 4-) 41 41 r-- u 0
-r-i 4J V C� r-i ft t Oak z r-q
�4 •r-I rc 4-) �4 'r-f ro 4-3 L 4 -ri r-q
(1) 0 to a 0 U) 4-4 Q) CA U 0 -P 0
4 4 -rq Cl) 44 4 Q) 0 --P Q rO 44
0 44 (TJ M m 4-J 0 0 4 4 Q)
z 0 �4 Q) 4-J -rq 4-) rri
r'-- 4-4 � � 0 U) g r--i 4-) U r*4 fz� ro or-i
�D
z E-4 rs 71
U r-q 0 4 Q) p r� m Q
0 00 I:i ro a) 00 ty) 4-4 rd Ic: r-i 0 �4
44 4-) 0 4-) 5--: 1:1 4-j ro Obb in H PL;
E-4 F4 0 U z ro U) a
u Q) 0 4-) > Q 0 N ro 0 0 -P Q) r--q co
0 Qlb rq
�4 ;?4 -H
E-4 Q) 0 z 44 ul aE-q En 0 4J 0 J:� 0 �4 O W ro to
z x' 0 0 0 4 (D lc� "i �4 VC: 4-4 ro
4-4 tn p 4J 1:� 4J 4J 0 x 0 >1
C� P4 0 4-J U IV IS4 P 4J r-4 0 -P w
ro
aro r-� w 41 0 rq 0 T5 z ro r:4
0
0 �4 CQ 0 �4 oj 0 >
r10 u ro
4J En Lo (D 4-J 4J to
co a E-4 0 w 0 0 41 4J oj (D u 0 4-4 W •H w
H �D rT4 &4 ro z >4 X4, P44 4-J > m •rq >1
p w 4J >4 0 0 p
�D
0 w rcl 0 > 9:1 ::1 P� 4J P W 4 4j ra
z w x z m rl W 4-4 0 4-4 rl::; U r-i En z �D
x 4J 4J �4 (D rl:� r-i 4-J w 0 4-4 En 0 > m
ro
Z E-4 pq Ix ID4 U) 04 rd 4-J 0 Go Q4 ro rd �4 0 0 4-4 E-4pq 41 3
ftb 0 r
0 �4 0 w .4 P�4-J 4-1 m m 0 z lb4 rain >
H r14 pq E-4 W4 E-4 r--i rC5 0 cd 4-J •H ra co u T5 M Q) •ri a (n
oqll� >1 �4
p 0 61D oo (d -r-i (a rz (13 0 Q) m En >4 0 rd >
4-J
H 4J rC
1-4 u H z 0 E-1 r0 41 u
rq
0 P4 H IX 0 o 'C� U) H CN C) 04 r-4 4-4 U ::I -ri
U) -r-I 4J 41 x rd 44 � 4-4 ::j 4-J 44 Q)
W E--4 W r-- p 0 r-i Q) rd :5 4J E-4 � 4-J � 0
U) w 4-) tn T5 0 ro (o Q) 4-) U) -r-i •%b
4J a4 to -rj H E-4 ill
1:) H
4 0 41 0 A4 lc� pq C�
41 4J r�
'r W W H
0 � � � Q) 4J 4-J 9--: r-q Q 44 Z rq E-44-)rl
>i 4-J r:; 4 •J 41
04
� E-4 :3 4J 0 m 104 4J 0) 4J 4-) (1) Q}
::1
-rq 4-J 4.) (n U) -r-I Q) 4J Z Q) '``�'
Z E-4 Fr -ri � >1 ori (1) 4 0 z -ri u p -H U W r--i r-f (1) 0 Q) rcl 0 0
Ei N 0 4J W En Q p 4-) 4-1 0 41 rd iZ) Z > 4-j -P � u z
Q 41 If d rd rq
�D (1) rd � 124 � rn %b
H E-4 ob via 0 %b 41 4-J 0
U) (1) (n 41 (n "i En 0 -P Ul (n U En -H Q) cq4 i::)
0 :3: 41 44 4-4 Q)
E-1 P4 0 u C4 44 S4 TI 10 En Q) 41
4 :j u
W 0 w 0 1:44 w -P 0 U $:l
a4 41 0 �li :z > a ul ::I M 0 a4J
u M z a � ® O 0
$4 44 -ri u rO E-4 0 > E-4
Q) •
�4 104 f� 44
r-4 4-) rd 41 u ro 4 4 (1) L) r-q E-4rd
0 U) u In � Q) Z 41 4-) Q) •ti r-q m Lrl
0 -r-i w 0 0 0 4 H W H 0 rC! �4 (d 0 ;:%
Q f:l C4 u 1:1 04 4J 44 Q 4J 4J 0 z
Orr
_ r..®. w.,..�.....�...,.-.,m.m,.•.e...T>...�.o.m.+;. '+w..varri•,.ra.c'..rrr..,.,�r.r,...,.,4.:.x:,i,..,. ;v.�i..cni„sT�,."h�c3rf..S'.a�.,'.eR•.:slh.=;ar^. ...filr.. .. .,17. ."�ri�'.M1:.}�i}`iiY:I:YR-rri71n7a'Rkv:v.s:.,wLt.6"�,.•,a1T¢7'`tr',M.'�9d ..,. .. .
CORPORATION INSTALLMENT NO
S. 13089 690 so 9 Truckee California— Dec . 1 82
Truckee Donner Public U t i l i t D i t :1a_--__-____.__
For value received, +. _____,.�__,_____d_�__ _ _ ,a corporation,
promistes to pay in lawful money of the United States to the order of TRUC:K.EE RIVER BANK at its Truckee __ 4f •ce f�
of— One Hundred Thirty Eight Thousand •the sum Y T sand Six x Hand d .N� 0 �DD O ollars
. .�.� r t v ncl _�
with interest thereon in like lawful money at the rate of 10 «0 0 _076 per annum calculated on the basis of a daily rate equal to 1/365th of a years interest
times the actual number of days elapsed payable on demand or if no demand made,then payable monthly in instalments of$__ 29569980
Inc ludinz Lnt etir.e ___.______._______,_ commencing obec
Jan• .1�___ ._ 19 8 .
---�-�"� 8 a-------- �.8�. _._._, _,and cont�nu�ng thereafter on
the day of each and every month until the day of19 ,on which date the entire balance of principal and
interest then remaining unpaid shall become due and payable.To assure payee of a reasonable income for the origination and servicing expenses of this note,
payor agrees the minimum charge for interest for the term shall be fifty dollars.
If interest is not paid when due it shall become part of the principal and thereafter bear like interest as the principal. In that event,interest may be computed
at a rate of 2% per annum in excess of the stated rate calculated on the basis of a daily rate equal to 1/365th of a years interest times the actual number
of days elapsed until paid. if default is made in the payment when due of any part or installment of principal or interest then the whole sum of principal
or interest shall become immediately due and payable at the option of the holder of this note.
In case suit is instituted to collect this note or any portion thereof the undersigned promises to pay such additional sum as the court may adjudge reasonable
as attorney's fees in said suite.
This note is secured by a UC C'l __.._�_r___________._•_ __-.____,_ dated the'. 4th ______day December e emb r
y of . 1981 .
�E�#In Witness Whereof,the said corporation has cause this note to be executed by its officers thereunto duly authorized.
interest Rate to Be Adjusted Annually on December 1.st based on the Truckee
River BaxsksW Current Municipal Rat�•._��+.�:'.•r+r.:,r Rr•w•.,•••t+�•�•:'-./..•:A�••w!xw.•�,p.••.°r•r+.
:y°,a'w•r`w•_•`.•N}•.l•I•w♦•.'�r ir g�•y•w�u•R.•►1•'�M♦�aM r-1r ti••,ar M'ic•r l�r••'`wiw•.«�.rr�,r�•rt p�-yy 7•.:a+A,+�r'•,A,^.'`Fa,.#.!�,•!/7.1��'.�F-�i"'•ad M�!-•..`r,M•►•i�•i�+,�•.*'.►ti�I.l�r.y4�-.,.�:•�,�-'��}�_.I*�A f.i r,F�f:��'PI.�yi.�.'�,Yt rr f s Irw>+►♦;#rli�'t:+-�•�•r+r_r..y♦•�"•►.•-:`..1••.a��3a•'M.4•�1•�r•M•:•f•,►,a'.,i�•',r-.•,s�•*a►,.'..•7rt 1+s.•w•#�r�i.�_.•{."V.•,+"M�MI'�••'.•"•'r,u,,,'491'.Y w����N~4-•+••i•7.v♦►r�!.,�.••'�'",fe•••ww•I'^y•D,�«.',
r•s'•r'..*•'��Kr•r*w�r♦.••\/♦,w_`R•r•r•r�••a.rs/•f�r+'*•«•`�w'•'�~'1•r wrr i•ir.i•ikYr•F°a.►•w�•••rr;a•'`,�R�•r w,l'„r ra,•wr'•,.aw.'•"'.r`.•►r••r+!r♦,•':'«'��7►•!.`�•w•.l r•►"••a.'r`'d>s MI^riw°''.•.•►`l:•�rt+■♦�.a'ra.I••«•••�*•y•••rr••ws'V+,amo+s".r"rw•♦rwr•�•r MT♦•:.••WyM,r•.y,'i s.�M sP,wr w•'•r.�r•a•�"#"!••i•!,i•"d',-wl�•w•y•«F►•-`••'•+#i•�.�,,«•��#r•1•r'••�•►"•M.'•1•w•,••f♦�r•.k r,'•,»��'�♦♦:'•w_�•A!i�M•••,ry a'�1l+♦1„,.a••�4'aw 4s!A•.�..,y•}4P••14,�k«•Kpi,�•♦-,'A��i�,+'4t�••ti.'.a�O♦+r,�a7•.e ai-^•�rn'•,.r••by./•'r r",'•Y�av
•tim_l«:!r•►.•i�+rr�•FM•►.'�,r••�
•"r.•'r'r`!.♦•_•r+'«••♦a'rr�,*,.+w r!,w•.•,r+�,Ia�p.'Y•a_f�ra►r�,•'I•,.•iir•m h�,rsy•'..M<4r"�`•Ratl.�a's r;a�,�•'•«••.'�'rr.►�if«•.••N•,'.1•a`•a�a tt••`•„'.#ro•f�r�'rra!■.w'�'►•.*",♦••re-zM+�.a•,1��a••�•yia'.�r'r�i-w!a ri w•r•�+a�•4 r s•+�+V;a'•M;w�.'�••iw�,t�i,♦•r,_..r•_,r•1••.a'.+•,•«•-"•�♦w.••r_7.a�'•
�.w�.!Mw_'_�•e•r♦`'•`aKa�rM�-.•r•r�,+•�•ra..►'.i,r��♦',/w•r+�,•_a�M rr`�+"•,�r^:.'-!•+•�r••t�L a•+•♦.•y•r.•y t_�.+♦.Mm•Iwi•i♦•i•i*►+••«•.4•••_.r�',!�•�•t�..I re•`wM•�w"Y��,w`r•s i.♦•!rr•w•ww•w-'r,w•«ar*•w•`��"•t W},•ty,•w•r•��.•r•'.a`�«■•'«'.~3w',r*•.i�•«ra-••.,•w`r•,�:-0,r•,te•,���•♦•y.r,-_►••,•rt�ra.a,�.#.�!w YrfN•�s.r.`,w«•�•r.'...',•.�,a`•ra'..'••r♦wI•N r.,I,Y+IiA#`.�a•rsr•.�rr•w:••.••.-''��!.f F�'r+:1..�.�.F+4.rs d''-.I
w rrrs•"•+.•�'w►.••i•...s�'..r�••}r r••°-�~•nl�__ay..aR,,p�+a�Mrv••s•«�!••••�.•.r'••.r•••.■r_:_!►r`r'r•,••�gy/••#F•s,i•�w".r••-•_r..p'»#�-�,•P•+«•♦a'••N�r.••r!.''_,-.••"'�7.•!�w Ma M�*.r.w.•',•�•1,•.._+!iM iYR,•a r••�•.`•.'�_'.♦�•w•
■!'ryte,•�.«=••�_p�.Sn.•.•w••.•.'.•-Y!'r_'.♦•r•,.-..1I.a._(14••r.�•r•rwrr►f�.'a'r••�•-•rr•-_�e'.•1.••��-•i`.•••�I4.�••,.+•�w�4►,.►►.w,"•-•'•-•`..s.�:nrM'•.+r�•u••",�:#••rr•.a`�.>v+`N•-•r•�!►'rr�.�,•"s kr�:r•�ar°"�#•F•'•-.�n'a.M•p�•r-.i,r''+"r•••'ir'.R�.3.'
•-fi•�Rai��•ri♦y�`'••orrr;M•w•.:.•M N ir.«1./r••-«0.".t�R�1�.t R'w•'•a••y•••!•♦.•-!.•�«!♦"•a•"•'ar••'�:•Ia►•••�r•a•'i`♦4•r•Wr-!�``/•,WW's,�,�e••t,,y'
ki••ta♦.i�l7.1�i•.F"•i«i'•••♦.i+I•i:awnra•r tp•`r�♦1-s•.•-�a•7!•-rw+•`•«•«•.�•.•-',W Mr a.•.•Y'•�r.a�ra.,s'•-.i•♦R,pr-*,w••..'y•_.•r'_9�°`i�rM ir•_..!14 y�-•.r.r-•�••�'r r,!r-.'"s•rre-_".rr♦•:.wa•��•�.Aw.'!'N i++.!r'.._•f.`a'�-e�•._�...`<iAB•w.fi•'"�i••.''r�Aw•.•�,�.•`+•+r,`r'a••'r•t.'."«.Y.rw.."•»•.Ju-j^.[..,.r,•�r,r•••+•�'*♦1•r-"•♦a.�a.�•
aa•a.•"'��n.`••_•D.a.•
.;2••r�-"•'«,.w:.w..•rro'•..p••i+rNp`«_,.••:,a'r.f�•ri.a:R�•'•°.t_._.:'`_•�"�•w-•y..<i�tE_#••'-aF!•y•++"tl_E y w,r,«!s.•'�.•*•♦P!iia."`i_xrf�•`�r i•+w••.o`.+•Sr'•r*•.r♦r rr.Mr_-.iw.•"•..i.•r•�•�•e.ir'S`._••'.a r•`�,.,«°i.+r rf•••.•a�•b•..s r t•�•_w•'r'••_ar•`•a�•''+•►a_�a•1r••r•
.w-'w••_'/•.:••rr•••.4_•♦••r`l•.-r�,�,a.••y--+�•__.••••�•r�,�•'!,r•,•.►�••+_we+'.r`r'.••at•�•_•••_I•ti•�ry•°"•�•a•�aa'r•w r,►.�••_+•s t`"^'s-ilR.r••••�`••u�--i Y i•+•�r�-r P qh�♦i"r•w-r•:wr.#._��-••+-,•.--.#.•P••_-•►`r•w�,.'h�,I...•'•+•■•'r ru•an.-Yr Y..••^.��."•Yw ws�•#•f-way�•ra••,•-a_.'••w••.•s-§a_,.,+�•�••af«•'p;ar....Ii r.•'•r*.,•♦wrr`a,+••••-r�rrr•r•»y�•�_.•`•'.•`•'a+•M r"w.••l..••-♦•i•�+.��•!r•�.l,•••«"«r■Iawrrw1.�+.�+•r r^4+w:�r•'-'••'•r�l•r•.rI*r.M«w•/wr w'•q'�a+ro•A�•�rr►.w•M••.•••'N w�'e^••+•#•••a!'•a.s a ri«►.'��-.�'"�i.:•.«_•rr.a••„.r►w•_w+wr-AI■"*r_`'•w.•rr.r-n�r'.ti.,x..".•_'w'l��r•t'•�•-•r.^�i..Y'am.i 1•+'M'••«••ra•�r•�.�_♦•,'.�•r•..•-mo.•i�.w.i,.i•r"wM w_.`•■r•Mr•f'a4'Y►+.:-••.`^»,w«♦r``-w..•a.•'•..'•r`t•-1 yw.r4',agi+��.s+r�'•a«.«•n'+q•«•a.•��'«.�`�s*..r�"'r•-<�•�•�sa•+�terrY w♦•rr'•.,•f•••"�•a•�'w��ei l♦w•r�•_.'•,+r.•�..'•w'�w�x�a•w�•�47;'.,+rr�«,'w•.•rr•�•r�
f•�_•an�°w♦.1+•'•..�••F•`n'y•1s'�;'r-w.•_►,•.•r-k;''tay''b„••s_•r!••a•••wi r...+._•'•�s""ue'.ir"i•"a♦•r'r••'•a�•r.I•••-•r�r•••r•_.C�w.r"dr~.•�•_`'rr-r'r!•r•••w••!•...:•+•r+..
���►••-_.•_♦■".rr•ara►.e,.►!•.«r.«'r.a•r..YN'i"..••r•r••.'.r r.-"r♦•.•Fr••••i"sirr�•rar wa``•_
t•.•a•rr ia:M9r�.•♦•,r.•,•••I'•�r Yb•••".„`wr r�..�•.�,!••.'t-•_"`,_..••r.,�wIw.o�•.rrY!.I•.•I�••••••r_s ls r•+l•a�••``•�«sr,r•••a•r,+.♦r•t�•rwr.a"�•,'�a!+",•�wt rr•••~-r'iV`w•••r••R••f«�.".r"••'•..'r•r.`�♦.`M••i••r a.:�r�ww•.,i+w-w•�.rA+►•►••,♦7`a�+•+a.+w.•■•••-._•ce r.••.I.•i lw•-as:a'�r♦°•a,•-••ra•••+''•��••'.w•.r.r•r.•••w•r y.•rw.•`.+•R•.•t�o�'r'�•-y.r.a+,+ra aY•r•.•►..i•'.•blia"ai.."►��s'.w�41 ww••-•rr••w�•r��_•`.••�•"r r''a..«i••_r.�r•►.�•►'..r'•w•r q'wr...•w".••r•w•i•r.'•�s•«.•a'•;•`'_r+`i�...•r y•r•`•`'.�•.,.P•a 1•r•r``•_.r 1.�,.•♦.•ar n.�"/+.►+•.�a•r•r.w r�.•'•-•w••~.•I:••..••.•_•,•.+r'µ•._r•rr•.•.�w..w••♦►•••�••�r«.•w r•.••�I w'•rr+'•••.�a„L 1 a"••,'M~ra�w.•A'•was
�.'•'a.i+••.•••w�.r..'I.w•,�riM•`rw••."•.•.•a��,•+•`••,r�.•a w.�•,a i.s•a••r�••.'y•"y•_.•'..l.'�•I.4�•wa'�+ws•a,l•r•a♦wr«.•r•`i`'.i••••.a••w w•NR rw•««••`ro+a*•+r.•.a�•r��•i!.s•_•r.`.•...•`.`"_•ww.�.'.••♦•I••s•r•••••..••^N•"_+..,!.r.••r••.r•!`.•r�Na-.rrr•_'.''•w••••••••.«„_•r+•w!••:••d�'"••••w.••`r•`•a«•►e.��r,•n_
•wr`•♦+••a�••«:«''•+«r•_"_.`,ra.Ra•�°!�••ro.••►.r'.a.w.►r.••a_••i•�'_�+�••�•'•.•�•_«'.�__
_,•a•Srrrw�•.a_•r�••.r•:'_"__w,•+•.+r�•a«■••i+_r"�r■M.-�
_a•lr••��rw«•.•.`i•.-ir.`«r••,
•w,r••.r♦_�!ria��r►••,._rr.y•_.''`••~!i*,_.•r•'R.•ir�,..'«r
r•••■••.�''.�.w#�rr+♦•••w.rw•R�`-•.•y._.♦.1.,a-:r'r'��•°�••..d.M•l•w►.>��,ww-c eeo er is ili y Disal's•rwa+s..rur••i•■rr'w•.''«•.►t l r a r,w.••.r±r.w.a�.,••*•�••w••�•,.`►rr•s«°,►.''•r
fr�„rr••.+,rarr+.1•t-
'.•.■rar.�r+w.i"`aY••.•••f1ra•►`h-t..�'n.
11p►!".•••s`'i�•is.a._••♦r.rr.t.ir wni rr•r•"''e!•.'#sw••••r.R•n
w�,��w.•••es wir.•_i`•a•••w••••r•ar1'
R iI�A•�r�.•'s•k»•i•ra••+•I•a._''�''i'�•-.•wl'N��•w�'�!s•�•!•A,1
�
,w�Ir•♦�•i:a••-rR•�ai•.•«•..M i M
��Mrw•w.•+•fra'�•a••##a•4t.`ca..A•r,ytw"w"Y•i�a•.•R•••••••i�w•r"•■,'ir„�•,:••'••nr•�•�wM♦!r`.+•«#i r♦w♦►•a•'
rl
t•1'••�!Y•••,••♦r.
�•.•r•y''a•ait
BY President
--Secretary
NO. DU E_
N-344(11-80) - Truckee River Bank ••rs.w•r•.•tr
y.�`..awom�.ta•~"•'a r�Y w•�+,#r#.a
r•
.`.
r°w'.�s••r r•�5.•s.r♦i+r°..r"••'y re
.�„•+i_w+•••.p rw•�••.�R�•rti♦rw,',++ys*7a+isy•i a r•�•.r•,,•ai•.4�■
«✓.►-.�wa,,y�•►
.•U•"
+r a
_,••rpr�+s•♦•','•_''
•A•'t/aa•.'•.
•rM4�yw"-/•••r'•rr.•'I_'•'•«"s••�a+�.a•#•a�'•�a♦r••!.
.r'•v1•
6M �
f� • 1r �« r
a
��
• �
WtUPPIWTV MORROW
•• •�A•
u
I r!:4r
qcv
• i OF
• r T-F
`•'�r•'`"'
.
�
•e
•.NYwM►/«•a•+-
•rr•
aa.""1.IIe
... . .
• •
• s �� � wic
w Truckee Donner Public Utility District
9,Ate ]December 1 , 1982
jww
rww P. . Q. box 3 89, Truckee , Calif.. 95734am $138i690909
aw•r.�.
its 10 .00% 72 Months -0- _0_
C/L
Refinance Loan #_172000203lp
-
� UCC-1 On Computer System
N/A.
let ft%* " 1 1-143 fttwr f ter: 12 1 8 8
Oman"
!fit sit ti► '"�'+�.• r►
shy belows M
R i
Credit Accewt ft*
I ssurs Crash is r's Ck. t+u�
Issue Cashier 's C1t,
Payoff Iosn 'mo• 0172000203 o Truckee Rivwwnwavw� er Bank
t� 138, 690 .09
Payoff Loon ibis. to
ss�r rve�i : 13 8, 6 9 0 .o g
VIP
gas
C/L 1 --0
s 46,335•51
A' `
a ,
"to l ft r as t = 185,025.60
MUM-=
Truckee Donner Public Utility- -District
By:(" ) &_ _M� I
LOAN OFFICER .
- T
-L_"M-_ - -_Officer Signature approval l
,
:.... *-,"'1.-�: '" y:. < ft tom' , rF.:\ ,.f^• - `".. - a .- .. .. . w A ,.. .. ... -. •'
:-�-.. ....,a.,.. ,at<x+ez'm. ,±cacgt ..'rN.,14'a.R"r1Rr,,:.4'1'T3u+Xsr,•+w ...i'r. rr;;>ka.6t^? .{; ."-."Nsr' ...^.w,.;i?. .. •fptP#
".'tTs"- ",�"�'■x",^7ve'H'., ;.. ,'�',,q ''
t
Certi*fied � � 11 Bank
"RESOLVED, That as president
in completing this resolution please as vice-president
list in this opening paragraph the
names of the officers authorized
to sign and indicate by the use of as secretary
the words "and" or "or" between
the names how many must sign, as assistant secretary
(hereinafter sometimes referred to, whether one or snore, as "said officers") of
Truckee Donner Public Utility District
a.corporation, are authorized to borrow form time to time, in the name of and in behalf of this corporation, from TRUCKEE
RIVER BANK.such sums of money as said officers deem expedient from time to time; to extend or renew any such loan in
whole or in part, to contract with said bank upon such terms and conditions as it requires for the issuance of commercial
letters of credit, circular letters for the use of travelers and any such other instruments of credit. The aggregate principal
indebtedness of this corporation with respect to all such transactions outstanding and unpaid at any one time shall not
exceed th
e he sues of _One Hundred Thirty--Eight Thousand Six_Hundred Nines and 0 9 100
138P 690 '09 and said officers are hereb authdollars (� y authorized to execute in its corporate name the note or notes
of this corporation as evidence of each such loan and of any extension or renewal thereof and to execute all contracts and other
instruments required in connection with any transaction authorized by this resolution, including, without limiting the generality
of the foregoing, contracts required in connection with any loan made or wholly or partially guaranteed by any governmental
department, agency or authority, each of which notes and other instruments shall contain such terms and conditions as are
agreed upon by said officers and said.bank, including among others not specified in this resolution provisions regulating or
restricting the declaration and payment of dividends by the corporation, the payment of indebtedness to officers, shareholders,
or other persons other than the bank, or other regulations or restrictions of the same or different kinds, conditions as to default,
attorney's fees, waivers of notice, and sale of securities.
"RESOLVED FURTHER that said officers are authorized to hypothecate or pledge with and transfer and deliver to said
bank as security for the payment of any obligations so incurred such securities or other assets of this corporation as are
agreed upon by them and said bank and to execute in the name of the corporation such agreements of hypothecation as they
deem expedient and to include in any such agreement such waivers of demand, notice or advertisement and such other waivers
and provisions as seem expedient to there, including among others a provision that any such security may be held by said bank
to secure any other indebtedness, whether due or not due, owing to said bank from this corporation.
"RESOLVED FURTHER that at any time said bank may apply any money or property in its hands belonging to this
corporation to the payment of any indebtedness of this corporation to it, whether due or not due, and any agreement executed
as aforesaid may so provide.
`..`RESOLVED FURTHER that if two or more resolutions of this corporation authorizing any of the transactions authorized
by this resolution are outstanding concurrently at any time the provisions thereof shall be deemed to be cumulative.
"RESOLVED FURTHER that said officers are authorized in addition to any obligation incurred under an f the preceding
Y o e P g
provisions of this resolution to discount with said bank any notes, drafts, acceptances, bills of exchange, or other evidences of
debt owned by this corporation upon;such terms as are agreed upon by said bank and said officers and in the name of this
corporation to endorse such evidence of indebtedness so to be discounted by said bank and to guarantee payment thereof to
d bank. g p y said
"RESOLVED FURTHER that upon the execution by said officers of any instrument authorized by this resolution such
instrument shall be deemed to be executed by this corporation whether or not the corporate seal of this corporation is affixedthereto. p
"RESOLVED FURTHER that all loans heretofore made by said officers in the name of this corporation and all promisory
notes and other documents executed by them in connection therewith or to secure the same are hereby ratified and approved.
"RESOLVED FURTHER that this resolution shall remain in full force and effect until written notice of its repeal has been
received by said bank, such revocation however not to affect the validity or any note or other instruments theretofore executed."
I , Secretary
of
a corporation, incorporated
under the laws of the State of do hereby certify that the foregoing is a full, true and correct copy of a resolution
of the Board of Directors of said corporation, duly and regularly passed and adopted at a meeting of the Board of Directors of said corpora.
tion which was duly and regularly called and held in all respects as required by law, and by the by-laws of said corporation, at the office
thereof on the day of , 19_.___�., at which meeting a majority of the Board of Directors
of said corporation was present and voted in favor of said resolution.
I further certify that said resolution is still in full force and effect and has not been amended or revoked, and that the specimen
signatures appearing below are the signatures of the officers authorized to sign for this corporation by virtue of this resolution.
IN WITNESS WHEREOF, I have hereunto set my hand as such secretary, and affixed the corporate seal of said corporation
this day of 19
SIGNATURES:AUTHORIZED I ((SEAL)
5
(Signature)
(Signature)
(Signature) SECRETARY OF
(Signature)
(Signature) A CORPORATION
N-2043(02-76)