R-08-97 Certified Copy Of Corporate Resolutions And List Of OfficersITEM V.B.2
RESOLUTION K.. :`17
Certified Copy of Corporate Resolutions and List of Officers
I, the undersigned, hereby certify that I am the duly elected, qualified and acting Clay of
the Village of Lemont , a corporation organized and existing tinder
the laws of the State of Illinois , that as such Secretary I am the custodian of the records and seal of said
Corporation, and that at a duly called and regularly held meeting of the Board of Directors of said Corporation convened and held
in accordance with law and the By -Laws of saki Corporation and pursuant to requisite notice, on the 10th say
of March A D. 19 9.7, at which meeting a majority and quorum of 'the Board of Directors of said Cor-
poration was present throughout, the following resoultion was adopted by the affirmative vote of a majority of the entire Board of
Directors of said Corporation, to -wit:
BE IT RESOLVED:
i. That the SOUTHWEST FINANCIAL BANK OF ORLAND PARK, Orland Park. Illinois. be and it is hereby designated a depositary in which the funds
of this Corporation may be deposited by its officers, agents and employees and that they be and each of them is hereby authorized to endorse in the name
of this Corporation, for deposit and collection in and with said Bank, checks, drafts, notes, negotiable instruments, orders for the payment of money and
other like obligations issued or drawn to crowned by this Corporation, and that sueh endorsement may be by the written or stamped endorsement of this
Corporation without designation of the party making such endorsement
2. That said SOUTHWEST FINANCIAL BANK OF ORLAND PARK, Orland Park. Illinois be and it is hereby authorized to honor, pay out of the funds of
this Corporation on deposit with it from time to time, and charge to any account or accounts of this Corporation with said Bank alt checks. drafts and
orders for the payment of money drawn upon said depositary and signed in the name of this Corporation by its Mayor ,
Administrator and /or Treasurer (Two of three) , without inquiry Into
the circumstances of their issue or disposition of the proceeds thereof whether said checks are payable to rash, bearer or to the order
of this Corporation or to any third party or to the order of or endorsed or negotiated by any officer or person signing or counter-
signing them or to any other officer of this Corporation In either his individual or omclal capacity and whether they are deposited
to the individual credit of any otncer or person signing them or of any of the other officers or persons or not,
3. That the N/A and
or anti
or
of this Corporation be and they are hereby authorised from time to time to borrow money from said Bank In such amount or
amounts for such length of time and at such rate of interest and upon such other terms and conditions as said officer or omcers may
deem expedient, and to evidence the indebtedness thereby created by executing and delivering In the name and on behalf of this Cor-
poration promissory notes. judgment promissory notes and other like obligations of this Corporation. signed in the name of this Cor-
poration by the ofncer or omeers designated above; anti to assign. deliver. mortgage and pledge as security for the payment of said
notes and other obligations any property or security now or hereafter owned or held by this Corporation, and to give and grant to
said Dank and Its assigns full power and authority to sell at public or private sale any property or security owned or held by this
Corporation so pledged with said Bank. without demand, notice or advertising, whether prior or subsequent to the maturity of said
note or notes. which note or notes or other obligations shall be in such form and shall contain such other and further terms, provi-
sions and conditions as may be deemed proper by such officer or officers; and said cancer or cancers is or are further authorised to
discount with said Rank the notes and other obligations issued to or owned by this Corporation.
4. That the said Bank shalt not be in any manner whatsoever. responsible for or required to see to the application of any of the funds
of this Corporation deposited with it. or paid by, or borrowed. or withdrawn from it pursuant hereto.
S. That the officers hereinabove named or any one of them be and each of them is hereby authorised to endorse for negotiation. nego-
tiate and receive the proceeds of any negotiable instrument payable to or belonging to this Corporation and to sell, assign, transfer.
set over and deliver. and to endorse for sale or for transfer any and all securities. registered bonds. stock certificates. Interim, par-
ticipation and other certificates belonging to or standing in the name of this Corporation.
C. To withdraw, receive and receipt for and withdraw upon trust receipt on the responsibility of and at the risk of this Corporation, and
to sign orders for the withdrawal, substitution or exchange of any and all collateral securities, and of properly pledged. assigned.
transferred or otherwise held for its account or as collateral to any note or notes executed pursuant hereto, which withdrawal, sub-
stitution or exchange may be made by the b f any receipt or request so signed.
7. To waive presentment, demand. protest and notice of dishonor or protest deny note, draft. bill of exchange or order for the payment of money drawn to
the order of or belonging to this Corporation. to give instructions in regard to the handling or delivery of any negotiable or norenegotiable papers or
documents involved In any of said transactions, _and to act for this Corporation in the transaction of all its business or for its account with said
SOUTHWEST FINANCIAL BANK OF ORLAND PARK Orland Park Illinois
It That this Corporation By its duly authorized agent, enter into an agreement with the said SOUTHWEST FINANCIAL BANK OF ORLAND PARK.
Orland Park Illinois contemporaneously with the opening of said account whereby said Co ration agrees in consideration of the opening of said
account to indemnify, protect. defend and save said bank harmless from and to reimburse, said bank for any and all loss. cost damage& suits, attorney s
fees and expenses of every kind and nature which said bank may, for any cause, at any time, and from time to time suffer. expend or incur by reason or in
consequence of said account or growing out of the acceptance by it. for payment or credit of checks or items drawn to the order of and endorsed in the
name of said Corporation. and it is further agreed that any funds in possesion of the bank. to the credit of the above named Corporation. may: at any time.
be applied toward the payment of the aforementioned losses, costs or fees
5. That this Resolution shall be in full force and effect and binding upon this Corporation until It shall have been rescinded and written
notice of such rescission under the corporate seal of this Corporation shall have been delivered to said Bank.
And I do further certify that the above Resolution has not been in any wise altered, amended or rescinded and is now in
full force and effect, and further certify that the following persons have been elected, have qualified and are now acting as officers
of said Corporation i e ca ity set forth under their respective names, and that the true and genuine signatures of the officers
of said Corporation er nor - ve authorised to sign and endorse checks, drafts, etc., and borrow money in the name of this Corpora-
tion from said B ap on a ompanying signature cards, each one of which have been identified by the signature of the
Secretary of se'
(SEAL)
IMPORTANT:
Imprint Seal of
:; //' ..0AfXd✓
TREASURE
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
corporate seal of said Corporation this /C tin day
ofJ ✓tom, , A. D. 19