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<br />~3 -- iJ X13 ~'~.i. <br />RES~OL[i'I'ZGH OF F3FRELfiE3RS REC:sBDIRG RRAI. ESTA:E <br />At a metting a£ the Board of -irectars of !SORTGAGE GUARANTY <br />IN~RA2~€ CORFOPa1TFOIt, duty caked and held the ltk day of ':avember, <br />2375, tht foliawiag resolution eras adopted on motion duty made <br />grad seconded, a quorum of the dlrectars being present and vatfng <br />in favor thercrof: <br />"RESOLVID, that the President and Vice Presidents <br />of ?40R'ILAUE CUABAI3TY ENSURANC£ CORPORATION. any one or <br />eeore of thee, [ogether with the Secretary ar Assistant <br />Secretary of the CarporaCion, are hereby authorized and <br />eepcronered !a the namc of, and on behalf of, "lORTf,AGH <br />GUARANTY FNSURANCE CORPORATION, and under its corporate <br />seal, to execute, endorse and deliver in connection with <br />mortgage loans and/oz real estate, all fastrueents and <br />dacuamsnts of any kind or nature necessary or canvenfene <br />to any transaction, which will include, but not he limited <br />to ozi$fna€ion, purchase ur repurchase, acquisition, sale, <br />,: _ s..,a <br />asniy`S~n[. ~ra~,aaa 4.,.,. _ ..~~. a...G <br />"F'~RTliER RESOLVED, that all such ina[ruments and <br />dacumerats txeretafore executed and delivered in the s:anner <br />and for the ,~urpase aforesaid are hereby ratified aad <br />confirmed." <br />'Fhe above is certified to be a true copy from the retard of the <br />tS~, of th€ Sloard of ~?irectors. <br />a talaa a - <br />€.iorp~reta Seal) Secretary <br />_ - ~=~be~Y~'d aatd saeorra to _ ~ vre use <br />=as ns ~ a sus - <br />Fiat~y~r fcx State of iilaeoasin <br />Jaye~d B. rnrcke <br />?fy Uassiaaian expires: fif21l~3 <br /> <br />, ~- <br />~~ <br />