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R-0753-83 M' T SHORES VILLAGE RESOLUTION NO 53-83 t- ORPORATE RESOLUTIuNS TITLE OF ACCOUNT MIAMI SHORES VILLAGE PAYROLL ACCOUNT 'ACCOUNT NO. 31-11-18176 I, as Secretary of MIAMI SHORES VILLAGE a corporation duly organized and existing under the laws of the State of FLORIDA herebycertifyto PAN AMERICAN BANK (Hereafter referred to as the "Bank")that a meeting of the Board of Directors of said corporation was duly called and held at its office in the City of MIAMI SHORES VILLAGE and State of FLORIDA on the 19th day of APRIL 19 83 that at said meeting a quorum was present aid voting throughout,and that the following resolutions on motion duly made and seconded were unanimously adopted and are now in full force and effect: "RESOLVED that the"Bank"be and hereby Is designated ass depository of this corporation and that the officers and agents of this corooration be and hereby are,and each of them hereby Is,authorized to deposit any of the funds of this corporation in said Bank. RESOLVED,that until the fun her order of this board of directors all checks,notes,drafts,bills of exchange,acceptances,undertakings,or other instruments or orders far the payment of money.whether drawn against the"Bank"or any other bank,maybe cashed.deposited or negotiated,and all funds of this corporation shall be subject to withdrawal or charge at any time and from time to time upon checks.notes,drafts.bills of exchange. DEPOSITS AND acceptances,undertakings or other instruments or orders for payment of money when made.signed.drawn.accepted or endorsed on behalf of this WITHDRAWALS corporation by the following (SEE NOTE BELOW) NOTE. Clients are requested to insert in the spaces above and below,tales only of the signing officers,where applicable.or the names of other . authorized persons Also,to Indicate fully in what manner they are to sign.i e.singly.any Iwo,jointly.etc,as for instance the President. LOANS,CREDITS Vice President,Secretary and Treasurer or any'one"or"two"of them for Indicate any special combination) AND SECURITY RESOLVED,that the Bank is hereby authorized to pay any such instrument or make any such charge and also to receive the same from the payee or any other holder without inquiry as to the circumstances of issue or the disposition of the proceeds even if drawn to the individual order of any signing person,or payable to said Bank or others for his account,or tendered in payment of his individual obligation,and whether drawn against an account in the name of this corporation or in the name of any officer or agent of this corporation as such. RESOLVED, that the following (SEE NOTE ABOVE) are hereby authorized on behalf of this corporation: 1. To borrow money and to obtain credit for this corporation from the Bank on any terms and to make and deliver notes,drafts,acceptances, instruments of guaranty,and any other obligations of this corporation therefor in form satisfactory to the Bank. 2. To pledge or assign and deliver,as security for money borrowed or credit obtained,stocks,bonds,bills receivable,accounts,mortgages, merchandise,bills-of-lading,warehouse receipts,insurance policies,certificates,and any other property held by or belonging to this corporation with full authority to endorse,assign or guarantee the same in the name of this corporation. 066-420-00725