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Merchants Bonding Company
<br />(Mufwl)
<br />POWER OF ATTORNEY Bw,dNo. ~~ ~ ?-ate
<br />Know All Persons By These Present, that Ne MERCHANTS BONDING COMPANY (MUTUAL), a mrporetlon duty organized uMar
<br />the Isws of the Slate of Iowa, and having ib prindpal ofiea in Ns Gry of Des Moines, County of Pdk, Stta of Iowa, hash made,
<br />consgtuted and appointed, and does by these presents make, Conedtute and appdnt
<br />Ronald M. Hudson, Tracy Velasquez, Robert B. Bentley, Fredia Allen and/or Cory B. Bentley
<br />of Amarillo and State of Texas its Wa aM lawful Attorney-7n•Fad, with futl power
<br />and authority heroby conferted N ifs name, place and stead. to sign, execute, admawladga and delNar in ib babas ae surety any
<br />one atl bonds, undertakings, reragn6ances or oNer wdaen obligatbns in Na nature thereof, eubjed to Ne smaadon that any such
<br />instnrmenl shad nd ezeaed Ne amount of:
<br />TWO MILLION FIVE HUNDRED THOUSAND (52,500,000.00) DOLLARS
<br />and to bind the MERCHANTS BONDING COMPANY (MUTUAL) thereby as fulry and m Ne same extent as if such bond or
<br />undenaking was slgnetl by Ns duty audradzed oficers of tlro MERCHANTS BONDING COMPANY (MUTUAL), and atl the act of
<br />said Attomeytin-Fact, pursuant to the aumoriry herein given, ere hereby retlfled and eonflrtned.
<br />This Power-of-Attorney k made and ezecuGM pursuant to and by aulhoray of the foaowing Amended SubstiWted and Rasbted By
<br />Laws adapted by Ne Board of Wectwa of Ne MERCHANTS BONDING COMPANY (MUTUAL) on November 16, 2002.
<br />ARTICLE 11, SECTION B -The Chairman of the Board w President or any Yrce President w Sewebry chap have power and
<br />authody to appoint Attorneys-in-FaeL and to euthorae Nam to execute on behalf of the Company, and atbch the Seal of the
<br />Company Hereto, bonds and undertakings, recognizences, contracts of indemnlry and other wddngs obtlgebry in Ne naure
<br />thersot.
<br />ARTICLE II, SECTION 9 -The signatwe of arty auNorized oficer and Ne Seal of Ne Company may be afixed by facsimile
<br />to any Power of Attorney w CeNfleatbn Hereof auNodzing Ne execution and delivery of any bond, undertaking,
<br />recognizance, or other suretyship obllgetbns d Ne Company, and such signature and seal when so used shell have Ne
<br />same torte and effeG as though manualty flzed.
<br />In Wdness Whereof, MERCHANTS BONDING COMPANY (MUTUAL) has caused Nase present to be signed by ds President and
<br />Ib ooryoreb seal ro ba hereto aRaad, Nis 1st day d January, 2003.
<br />MERCHANTS BONDING COMPANY (MUTUAL)
<br />~:_ -o- 0 3' ~ N'_
<br />'~~: 1933 ;•Y; By ~~~ _ - _'7 ~~
<br />STATE OFIOWA - ••. {..••• President
<br />COUNTY OF POLK 9s.
<br />On Nis 1 st day of January, 2003, before me appeared Levy Taylor, b me personally known, who being by me duty swam dW say Nat
<br />he is President d Ne MERCHANTS BONDING COMPANY (MUTUAL), the corporadon described in the foregoing irotnunenL and that the
<br />Seal afixed b the said instrument is Uro Corporeb Seal of tM said Corporeflon end that the said insbumen[ was signed aM sealed in behad
<br />of said Corporation by authonry of ifs Board of Directors.
<br />In TesOmony Whereof, I have hereunto sal my hand and afixed my Official Seal at Ne Ciry of Des Moines, tors, Ne day end year first
<br />above written. '
<br />MARILYN BOYD ~,~
<br />Commisslan NumEbemrI10012
<br />MYNo~~n2W{ ~
<br />Norery Puelk, PNk Count, Iowa
<br />STATE OF IOWA
<br />COUNTY OF POLK u.
<br />I, WINam Warner, Jr., Sewebry d the MERCHANTS BONDING COMPANV (MUTVAL), do hereby certify Nat the H»va erd taregokq
<br />b a true and correct c~Y d the POWER-0F-ATTORNEY waled by Baia MERCHANTS BONDING COMPANY (MLfTUAI}, whidr b
<br />aria in full faro and eRaQ arW has rwl been emended or revoked.
<br />In WlNess Whereat, I have hereunto set my bend and afixed Ne seal of the Company on Nisi t:~th day of, July Z 0 07,
<br />~...... ~ ~ ~,r
<br />0\N~,Cpy.• t
<br />~:: _e_
<br />. . ry
<br />1933 ; c • ~ Secrete
<br />MSC 0814 (2/03) ~•.'''Rr"{='-
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