R-599 - 10/26/1993 - FINANCE - Resolutions f RESOLUTION 93—FI—DB-8-599 TRUSTEES S'CAWAM u fikrA r/'
RESOLMONS Or BOARD OF lk
I....:..».........Lfaotd�...K..... R1Gtli ................................................... do hereby certify
that I am the dal elected and �ed V lla a 91,
y � } qu of the ret:ords and co rate seal of
I SAM of Oak rook
._......................�.._........_........8............»........�.............»..._..................._......_..........,... ., a dM0fJM&rg&m1=d and
existing under the laws of Linn:UL............... and that the following is a trite and correct copy
of certain resolutions duly adopted at a meeting of the Hoard of Directors thereof, convened and held in accordance
withlaw and the by-laws of said corporation on the .............»..Jl .................»..................».._...............». day of
.».„..........„........A.�L4h _»_......,...., 1991...., and that such resolutions are now in full force and effect and are not
in contravention of, or in conflict with the by-laws or the charter or articles of incorporation of-said corporation:
BE IT RESOLVED That Oak Brook Bank, Oak Brook. Illinois be and her.by is designated
D a depositary in which the funds of this corporation may be deposited by its officers,agents and employees and that the President.any Vice
President, the Treasurer. any Assistant Treasurer, the Secretary, any Assistant Secretary, or any other officer of this corporation be and
hereby is authorized to open and maintain an account or accounts with said Banc and to endorse and deposit with said Bank negotiable
instruments and orders for the payment of money which endorsements may he made in writin or by a stamp and without designation of
the person so endorsing. and it being understood and agreed that on all such items deposit all prior endorsements are guaranteed by
this corporation whether or not an express guaranty is incorporated in suck endorsements.
AND BE IT FURTHER RESOLVED,That any two_ of do following:
the FYrasTd��air[IWKINNIM tho Tresswer. fCxifiiliTid{xiE
AYAWAMLVWAWM
. (loan Dbaa as”"for a"desd ud"K to aat►erin Mwwa dsasft"a6 tab a"an»Kos am w and. tab a"till"of alt Game s"Kt,ednd to airs.)
of this corporation he authorized:
To make and from time to time continue to make such at:aogemeote and to bens such instructions as to Alta seem
ill proper for the conduct of any such account or accounts,and diets
M To sign checks and orders for the payment of money withdrawing funds from said•account or accounts and O a k Brook
Bank, Oak Brook, Ill. is hereby authorized and directed to act upon and honor any instructions so issued and to honor, pay and charge
to any account or accounts of this corporation all checks and orders for the payment of money so drawn when so signed without inquiring
as to the circumstances of their issue or the disposition of their proceeds, whetht.r such checks be payable to the order of, or endorsed
or negotiated by any officer or person signing them, or any of said officers or persons in their individual capacities or not. and whether
they are deposited to the individual credit of any officer or person signing them or of any of the other officers or persons or not,and
To endorse for negotiation. negotiate, and receive the proceeds of any negotiable instruments or orders for the payment of
money payable to or belonging to this corporation.and
To identify.approve,endorse,and guarantee the endorsement of ay payee or anderser on any cheeks or drafts whether drawn
by this corporation or anyone else and to guarantee the payment thereof, and delegate to others authority to so identify, ap�pptenee�. and
endorse,and guarantee the endorsement of nay payee or endorsor on pay aaob ctechs or drafts and to guarantee the payment thereof.
AND BE IT FURTHER RESOLVED.The&any of the following:
Wri t.7ti61(7(l JERAI illL the Treasurer, (' K two.Na.)
the r
�,p �•• (UM tftwt4 S�aCN fK aNllteYt tlWs K"aaltlKl"ceraur.elsauune. taM act an q"es oet w.tee. tale sae tnMe of ALL ears a"aat>tatl"i K rya.)
„mod of this corporation be authorized upon such terms and conditions u to the MW seem proper:
" To borrow money and incur liabilities for, on behalf and In the time of this corporation,to sell or discount its bola and
?! accounts revolvable, to enter into, make, rip, and deliver repurchase. rowdving credit. tats loan std other agreements, Including sub.
Id ordination and"gar agreements. to sign, execute,and deliver Acceptances and promissary notes (Including now with a confession of
Judgment clause)and other obligation of this corporation for a&amounts,fW such timer,at such rate of Interest w discount, and eon-
tatting mob,torma and provisions a"ouch collateral powers as to shots I shall seem proper.end
To receive and receipt for and to sip orders sad irstw imatecotioas for the baadling and delivery of the proceeds of prowleawy
now end other obligations.and -
To pledge,endorse, uarantee,aeaipt,transfer,and deliver the bills and accounts nodyabht,htlb 4 la�warobouse rudpar
stocks,bonds,or other property this corporation u security for soy moneys borrowed and as security for any B ty incurred or to be
incurred by this corporation in connection with any acceptanc%nose,letter of credit.gnaraney, ern.kimad t or otbsrwMe.ad.
To grant liens +by way of mortgage, pledge, assignment, factor's lien, trust receipt, or any other fiens whether similar or
diaafmilar to the foregoing) on any and all pro perty or interest therein $including. without limiting the generality of the foregoing, red
CCychattels,materials,work in process, bills and accounts receivable.warehouse receipts.stocks and bands) 'from time to time owned
y this corporation, as security for any moneys borrowed and any liabilities, direct or coating.%4 now or herodtir aGwPlq or to become
owing from this corporation to Oak Brook Bank, Oak Brook, Illinois, and in connection therewith to endorse sod deliver an such
property or interest therein and to execute and deliver agreements concerning such security andihe righti ind powers of said Bank with
respect thereto,and `r,
To bur and sell forelgt exchange.to purchase letters of eredit,trawlers'cmoolte,and slader lionments ad for,'-Oa behalf
" and In the name of thin corporation to incur llabUitles in connection thsrowith sad In connection with the pturobtae, ales sr'r•walatien
of sty bills of exchange, letters of credit, travelers' cheolul aoseptsne drafts. MU*of lading. and sWltut_(Ihstrumwttss,, sad to reesh
and receipt for,sad to sign receipts and trust recelpts there er,and to a,exeente, and deliver orders, appRestleas,•aid agreements in
ceaaection tberewith,which orders. applications,and agreements way aataia oath provisions as to # t6b shall neat proper.
err iaA. IQOMTINYRt)oil IIt11gR&R flog)
uAlilfD� .
,,,,.� • , L17nmym Tim ay (s w w.r«s.► et dr.ta$nrf�s
CKWUM
(sea Web pane for s odnd tides or a aaYar6e--W4ffiWWM& ask so a mosm an w erase. Seta an Mo at as eSma art ndw&a as e4w)
of this corporation be aattihosfsed open auoi lesser ami conditions as to droll seen proper:
then
To deliver to eed deposit with Oak Brook Bank, Oak Brook, Illinois for afAkeepiag, custody. or other
g bonds,stocks,securities,and other property owned or otherwise hold by this corporation and in connection therewith to open an anintaiq
with said Bank a safekeeping or custody account or accounts and,to snake the Initial doped thenia and frets time to time to auks other
and additional deposits and to si=n orders and issue instructions to said Bank [or the conduct of said account or secaunts, and
To vrithdraw, rooein. at -aeaipt for and to within:: upon wart :cosiest AS the Too ef, red�shit of tith
s�oad i and sad issue tsstrucdams for the ha�tesmatfir.eegiytsatiea.saber Sian,e:
and slier property sad the proceeds dolivered tiepeeitsd whh ae otieewiw dNd aides a
by Basle f
aooeame of this or tie
ptrrsmAat to ale, w other trsmt it�atioa. mntladet rost BOSthe b�errer of aaiy osdee:saesipee :egg sot Ar M sed �a
Te psroisw beads,stodgy,amndes, mad other praperq sad tb sip Arden SW WOO issttaatfan is ooaandeft v hb the
pmsehw%tie psyaaest,tie titration,and the delivery tbsreef,and
To sail.plAdgir,trstufer. Otte
assip, - mge,deposit with my roorgamiatloa emnittw,boadhoiden �other drsilst
oosashtesi,or othersriw dispoa of any bads,as"eeeuritise,and ether property to or stasdiag L the this
nor its Sonia" cold by%: - for the Account of others„and to des ordeni bad ate isAtsttetiems:yarding tie ewpoisfift
tranw-u,sad h+ s my
To identify and guaraates awignownts.tt�amsfam ad q fw treader on boat,crock eartf6eatssr istorim, pmMiet.
psttes, and ether oati5oat and to identify and tiaarsstw sipeggns AN iced and aleck powers of anornq.
Ind to sot far fibs AND BE IT FURTHER RESOLVED.That ad of rho afetaentioned WSW%a persona Author•
once:or t fiPatent: ou is ART can aforesdd, shell be Sad he*is fa ther aadwfasd, without the coseaenma of say other
To waive praeatAse s4 datand,protesk sed notice of dishonor or protest And is give imtroatisss L regard to the
dsiivesy of my"Ptiabio or nmr�aetotisbis papers or dowmeurts Waived in my bumadow for or on behalf of this cotttoraeten or
To alga r000adlemests mad etntify to the cmwtun of stateAaosta of assent sad appme and suthoriw md;astatesq therein.
and mow' to Oak Brook
To act for this torpor tionoin the transaction n therewith.er business for its account sad to sign orders and issue instructions
AND BE IT FURTHER RESOLVED,That the���Tj_la �Cler
7 any oificer of this corporation be
and hereby is authorised to certify to Oak Brook Bank, Oak Brook, Illinois a copy of these resolutions and the names and signatures
of this corporation's oiean or employees hereby authorized to act in the premises,and said Bank is hereby authorised to rely, upon such
certificate until formally advised by a like certificate of any changes therein, and is authorised to rely on any such additional certificates.
I do hereby certify that the following persons have been appointed or elected, have qualified and are now actin As
officers or employers of said corporation in the capacity sek before their respective names: g
i
TITLE NAME TITLE NAME
font— Karen M. ELSt+y
Village Treasurer Darrell J. Langlois
i
I
it
I
IN WITNESS WHEREOF, I have subscrik-4 shay nuts as a"s'Lcfffvs caused
do corporate seal of Said cotporsdon to be hereunto affmd this'
» .»..., »................... ...,............... day of
AMC .»..... .isa.:r� t. w..............
arpArate•Seat Beiiwi ...'-. .�
• N S,•
-� Village G���
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