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~ to peeKocm all thinga ~eceesary or proper for and tn the name and on the
` behalf of eaid Iesuer, for the execution, iesuance and d~livery oi said
~ bonde aad morlgagea. :~s
~ BE IT FURTHER RE80LVED, that the Deed ot Trust and bonde eigned for
the Iesuer by !he Paetor/Preeldent and the Secretary, the Corpocate seal
aftfued and attested, arxi a facelrritle oi~ the sigaature of the Treaeurer ~
be pri~ted on the,coupons. - , ,
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~ BE IT FURTHER RE90LVED, that the Iesuer'e Corporate Officera mutually ;
.i agree that Rupert N.Koblegard,III, Trustee/Escrow Agent, shall held the
first pro~aeede, excluaive of the Bo~d Service Fee, for the sale of ~bor~de
in thia iesue in an atnount sufficien~ bo satiety an exiattng Land Mortgage.
_ #1 herebotore in thie Reeolution~ until such time that said mortgage can be
} paid ae per original agreem~nt wftti the mortgag~or. The preceding ie a
' true and exact copy oi.the Resolution e~tract~d from the minutes oi a - -
meettng of the New Testament Baptiet Church oi Fort Pierce, Ine. ,.of ~
~ ; For# Pterce. Florida, proper~jr called and held on the 3rd day of June, l~977.
- at which timc a quoru:n of voting menibere were present and a majoMty -
vote ~s required by the rules end reg~lattons of the Iasuer to conduct its
; business approved the adoption of the -ResoluNon he~ein stated. -
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NeW Testament Baptist Church of -
~ - Fort Pierce.Inc., of I~ort Pierce. ~
F]orida
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Sec retary ~ ~
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