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~~~ ~ ~~ <br />CERTIFICATE GP LI.'RITEl3 PART'+ERSEIP <br />OF <br />CRESTKOG~ LiD. <br />ke, the undersigned, desiring to record this Certificate of Limited Partner- <br />ship, do hereby certify as follows: <br />I. The name of the Limited Partnership i~ Crestwood Ltd. <br />_TI. The business of the Partnership is to invest in, acquire, hold, <br />maintain, mortgage, operate, improve, develop, sell, exchange, lease and other- <br />wise use real property and interests in the real estate described on Exhibit A <br />attached hereto and by this reference incorporated herein, and to engage in any <br />and all activities related or incidental thereto. The General Partner may enter <br />into any agreement, including agreements with the General Partner in a capacity <br />independent of the Partnership, or with an employee or affiliate of the General <br />Partner, which, in the opinion of the General Partner is necessary or desirable <br />to promote the business and affairs of the Partnership. The General Partner <br />shall not be liable, responsible or accountable in damages or otherwise to the <br />Partnership or to any Limited Partner for any act performed by it within the <br />scope of the Agreement in connection with the affairs of the Partnershig, except <br />with respect to any misrepresenta*_io:? or the breach of any covenant contained <br />in the Agreement or for fraud, bad fa_eh or gross negligence. Ttie General <br />Partner shall not be personally liable for the return of the Limited Partners' <br />investment in the Partnership, which shall be made solely in accordance with <br />the terms of the Agreement. In the event the General Partner, on behalf of the <br />Partnership, er._a2s nto an agreement or otherwise deals with himself in a <br />capacity indepe.:3er.~ of the Partnership, or with an employee or affiliate of <br />himself, any such agreement or other dealing shall be fully disclosed to the <br />Limited Partners, shall be consistent with the grovisions of the Agreement, and <br />shall be at least as favorable to the Partnership as would be obtainable in an <br />arras-Zength transaztion with other unaffiliated persons rendering comparable <br />services. <br />III. The locatirn of the principal place of, business in 4747 First Avenue <br />S.E., Cedar Rapids, Iona 52402, or at such other 'place as may from time to time <br />be established by the General Partner on written notice to each Limited Partner. <br />ZV. The names and places of residence of each of the members of the <br />Limited Partnership are set forth on Exhibit 13 attached hereto and by tit?s <br />reference incorporated herein. <br />V. The term of the Partnership shall be from the date of filing this <br />Certiā‚¬icate of Limited Partnership with the Recorder of Linn County, Iowa, until <br />forty-one (41) years hence, unless earlier dissolved upon the occurrence of any <br />of the following even*_s: <br />-1- <br /> <br />