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<br />AUG-Zl-Z00Z 09:51AM FROM-BROWN, SCHOTTELKOTTE i TWEEDELL <br /> <br />970 874 7431 <br /> <br />T-US P, DOZ/OOS F-6S4 <br /> <br />STATE OF COLORADO <br />COUNTY OF D~ Itr. <br /> <br />) <br />) <br />) <br /> <br />SS. <br /> <br />STATEMENT OF AUTHORITY <br />(Pursuant tD C.R.S., 38-30-172) <br /> <br />The undersigned, Danjel A. Sherwood and Jacqueline P. Sherwood, being DfIawful <br />age and being first duly sworn upon oath, depose and state: <br /> <br />1. The Daniel A. and Jacqueline P. Sherwood Trust was created by Living Trost <br />Agreement dated December 6, 1995, and is a valid and existing testamentary trust under the laws <br />of the State of Co IOta do. <br /> <br />2. The names and mailing addresses of the trustees ofilie trust are: <br /> <br />Daniel A. Sherwood <br />13221 Marine Road <br />Montrose, CO 81401 <br /> <br />Jacqueline P. Sherwood <br />13221 Marine Rd. <br />MDntrDse, CO 81401 <br /> <br />3, The trustees are aUlhorized tD execute instruments and otherwise act on behalf of <br />the trust to acquire, convey, encumber, lease, or DtheIWise deal with any interest in real property <br />in the name Dfthe trust, including, without limitation, all Dfthat certain real property located in <br />Delta County, ColDrado, more particularly described as follows: <br /> <br />All of that certain real property mDre particularly described in Schedule A attached <br />hereto and incorporated herein by this reference. <br /> <br />also knDwn by street and number as: 13221 Marine Rd., Montrose, CO 8t401 <br /> <br />4, The trustees have full power and authDrity to manage any business interest <br />received by the Trustee and with respect tD such business interest to endorse or guarantee on <br />behalf of the Trust any loan made to the business and to secure the IDan by the Trust's interest in <br />the business Dr any Dther property of the Trust. <br /> <br />S. The trustees furlhe~ h~ve the authDrity to pledge, encUIIlber or hypothocate any <br />asset or assets to secure financing from any source and for any purpose deerned appropriate by <br />trustees in the trustee's sole and absolute disctetion, <br /> <br />6, This affidavit is executed pursuant tD C,R,S. 38-30-172 for me purpose of <br />evidencing the existence and validity of the Daniel A. aDd Jacqueline P. Sherwood Trust and <br />the authority of the trustees to cDDvey, encumber or Dtherwise act on behalf of the trust insDfar as <br /> <br />Appendix 3b to Loan Contract C150091 <br />