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Concession Bond 11111 NOTICE OF BOND SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA FIRST NAT SAFECO ® CANCELLATION HOME OF I SAFECO INSURANCE OF AMERICA SAFECO SEATTLE, WASHINGTON 98185 CC: BUDGET RENT A CAR SYSTEMS DAVISBALDWIN, INC 52 -4125 (OBLIGEE'S NAME /ADDRESS) TO: MONROE COUNTY BOARD OF COUNTY COMMISSIONERS P.0. BOX 1680 KEY WEST FL 33040 You are hereby notified that SAFECO INSURANCE COMPANY OF AMERICA Surety upon Type of Bond: CONCESSION AGREEMENT Bond No. 5803840 dated effective 10 / 09/ 1995 (MONTH, DAY, YEAR) on behalf of (PRINCIPAL'S NAME /ADDRESS) BUDGET RENT A CAR SYSTEMS 4225 NAPERVILLE ROAD LISLE IL 60532 desires to cancel and does hereby cancel said bond in accordance with the cancellation provisions contained therein or in applicable laws or regulations. This notice is mailed to you on 111). Q1Z. 1, 2000 (MONTH, DAY, YEAR) and is effective 3D DAYS UPON RECEIPT OF THIS NOTICE SAFECO INSURANCE COMPANY OF AMERICA By: r (ATTORNEY -IN -FACT) Cancellation Acknowledged: (PLEASE SIGN AND RETURN THE DUPLICATE OF THIS NOTICE) espo, 3 SEAL d> ' 1953 t B Y `� P/ASM" Dated: (MONTH, DAY, YEAR) CANCEL REASON: NO LONGER A SAFECO SURETY ACCOUNT @Registered trademark of SAFECO Corporation. S-1209/EP 3190 PRINTED IN U.S.A. Budget Rent a Car Corporation I r � - I f l Wt. t : , JAN -4 1996 Car and Truck Rental ) December 29, 1995 ;1-t /Ay-t0 LIU 0 YthAA- Mr. Peter Horton it Monroe County 5100 College Road Public Service Building i Key West, FL 33040 RE: Performance Bond #5715542 Dear Mr. Horton: Attached please find the continuation certificate for the above captioned bond issued to the Monroe County Board of County Commissioners. This extends coverage of the bond through another term. I trust you will find everything in order. Please feel free to contact me if you have any questions. Sincerely, k CEIVED lie A. Mehr nsurance Analyst ,IAN 0 9 199 Attachment AIRPORTS/ f 4225 Naperville Road Lisle, Illinois 60532 -3662 Telephone: (708) 955 -1900 Fax: (708) 955 -7799 • POWER SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA OF ATTORNEY HOME OFFICE SAFECO PLAZA SEATTLE. WASHINGTON 98185 No. 5776 KNOW ALL BY THESE PRESENTS: That SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA, each a Washington corporation. does each hereby appoint "THOMAS J. JOSLIN; ROBERT J. THROCKMORTON; JACQUELYN RICE; SADEATRA HOLLINQUEST; SANDRA MARTINEZ; MICHAEL DOUGHERTY; LYNN J. KIDD; CHRISTINE MAROTTA; SHERRI D. DAVIS; JANET VELEZ; Chicago, Illinois its true and lawful attorneys) - in -fact. with full authority to execute on its behalf fidelity and surety bonds or undertakings and other docunents of a similar character issued in the course of its business. and to bind the respective company thereby. IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA have each executed and attested these presents this 26th day of June . 1g 95 . CERTIFICATE Extract from the By -Laws of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA: "Article V. Section 13. - FIDELITY AND SURETY BONDS ... the President. any Vice President. the Secretary, and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations. shall each have authority to appoint individuals as attorneys -in -fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other docunents of similar character issued by the company in the course of its business . On any instrument making or evidencing such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or undertaking of the company, the seal. or a facsimile thereof. may be impressed or affixed or in any other manner reproduced; provided. however. that the seal shall not be necessary to the validity of any such instrunent or undertaking." Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA adopted July 28. 1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out. (i) The provisions of Article V. Section 13 of the By - Laws. and (ii) A copy of the power -of- attorney appointment. executed pursuant thereto. and (iii) Certifying that said power -of- attorney appointment is in full force and effect, the signature of the certifying officer may be by facsimile. and the seal of the Company may be a facsimile thereof." 1, R. A. Pierson. Secretary of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA, do hereby certify that the foregoing extracts of the By -Laws and of a Resolution of the Board of Directors of these corporations. and of a Power of Attorney issued pursuant thereto. are true and correct. and that both the By-Laws. the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of said corporation this 1s day of December . 19 95 S -974/EP 1/93 ® Registered trademark of SAFECO Corporation. CONTINUATION SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA CERTIFICATE FIRST NATIONAL INSURANCE COMPANY OF AMERICA S ® HOME OFFICE: SAFECO PLAZA SEATTLE, WASHINGTON 98185 SAFECO INSURANCE COMPANY OF AMERICA Seattle, Washington, Surety upon a certain Bond No. 5775542 dated effective 12 / 01/ 1994 (MONTH -DAY -YEAR) on behalf of BUDGET RENT A CAR (PRINCIPAL) and in favor of MONROE COUNTY BOARD OF COUNTY COMMISSIONERS (OBL I GEE) does hereby continue said bond in force for the further period beginning on 12 /01/ 1995 (MONTH -DAN -NEAR) and ending on 12 / 01/ 1996 (MONTH- DAY -YEAR) Amount of bond TWENTY FIVE THOUSAND & 00 / 100 ( 25,000.00 ) Description of bond CONCESSION BOND Premium: $194.00 PROVIDED : That this continuation certificate does not create a new obligation and is executed upon the express condition and provision that the Surety's liability under said bond and this and all Continuation Certificates issued in connection therewith shall not be cumulative and that the said Surety's aggregate liability under said bond and this and all such Continuation Certificates on account of all defaults committed during the period (regardless of the number of years) said bond had been and shall be in force, shall not in any event exceed the amount of said bond as hereinbefore set forth. Signed and dated on DECEMBER 1,1995 (MONTH -DAY -YEAR) ec SA" 0 I .URANCE COMPANY OP AMERICA SEAL a. By 1, / 444.1953 dt ATTORN -IN -FACT JAC�U LYN R I CE OP IIM ® Registered trademark of SAFECO Corporation. S-1225 /EP 3/90 PRINTED IN U.S.A. • Budget Rent a Car Corporation Bud et® iL Car and Truck Rental JAN -3 _"' December 30, 1996 Mr. Peter Horton h , 4 — 6 19: Monroe County 5100 College Road R P ` ' Public Service Building - - -- - Key West, FL 33040 RE: Performance Bond #5715542 Dear Mr. Horton: Attached please find the continuation certificate for the above captioned bond issued to the Monroe County Board of County Commissioners. This extends coverage of the bond through another term. I trust you will find everything in order. Please feel free to contact me if you have any questions. Sincerely, J 1 A. Mehr Insurance Analyst J /b/ Il i t Attachment mon_ren.doc PLC - y cJzt�l..� /J 1 �- Yl.�1iv, --k_, , a - _rv� 4225 Naperville Road i Lisle, Illinois 60532 -3662 ,/') o1 _ u -& \/ C. - > — G) c, Telephone: (630) 955 -1900 � / y� ,, Fax: (630) 955 -7799 / (-�' °- C—C ` -) /r !(1,o��) e CONTINUATION SAFECO INSURANCE COMPANY OF AMERICA CERTIFICATE GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA SAFECO SEATTLE, WASHINGTON 98185 SAFECO INSURANCE COMPANY OF AMERICA Seattle, Washington, Surety upon a certain Bond No. 5715542 dated effective DECEMBER 1, 1994 (MONTH- DAY -YEAR) on behalf of BUDGET RENT -A -CAR SYSTEMS, INC. (PRINCIPAL) and in favor of MONROE COUNTY BOARD OF COUNTY COMMISSIONERS (OBLIGEE) does hereby continue said bond in force for the further period beginning on DECEMBER 1, 1996 (MONTH- DAY -YEAR) and ending on DECEMBER 1, 1997 (MONTH- DAY -YEAR) Amount of bond TWENTY FIVE THOUSAND & 00 /100 ($25,000.00) DOLLARS Description of bond CONCESSION BOND Premium: $194.00 PROVIDED: That this continuation certificate does not create a new obligation and is executed upon the express condition and provision that the Surety's liability under said bond and this and all Continuation Certificates issued in connection therewith shall not be cumulative and that the said Surety's aggregate liability under said bond and this and all such Continuation Certificates on account of all defaults committed during the period (regardless of the number of years) said bond had been and shall be in force, shall not in any event exceed the amount of said bond as hereinbefore set forth. Signed and dated on DECEMBER 19. 1996 (MONTH- DAY -YEAR) SAFECO U' • NCE OMPANY OF • ERICA By ?4/ C.R. • ernandez Attorney -in -Fact POWER SAFECO INSURANCE COMPANY OF AMERICA GENERAL OF ATTORNEY HOME OFFICE: SAFECO OPLIAZAY OF AMERICA SAFECO SEATTLE, WASHINGTON 98185 No. 4631 KNOW ALL BY THESE PRESENTS: That SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA, each a Washington corporation, does each hereby appoint 111111 C. R. HERNANDEZ; THEODORE C. SEVIER, JR.; MICHAEL R. HORAN; DONALD H. BRYAN; D. BRIAN HOUGHLIN; DEBRA R. NILSSON; Chicago, Illinois its true and lawful attorneys) -in -fact. with full authority to execute on its behalf fidelity and surety bonds or undertakings and other documents of a similar character issued in the course of its business. and to bind the respective company thereby. IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA have each executed and attested these presents this 22nd day of August . 1s,9,11 CERTIFICATE Extract from the By -Laws of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA: "Article V, Section 13. - FIDELITY AND SURETY BONDS ... the President, any Vice President, the Secretary. and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations. shall each have authority to appoint individuals as attorneys-in- fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other documents of similar character issued by the company in the course of its business ... On any instrument making or evidencing such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or undertaking of the company, the seal. or a facsimile thereof. may be impressed or affixed or in any other manner reproduced: provided, however, that the seal shall not be necessary to the validity of any such instrument or undertaking." • Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA adopted July 28, 1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out. (i) The provisions of Article V. Section 13 of the By -Laws, and (ii) A copy of the power -of- attorney appointment, executed pursuant thereto. and (iii) Certifying that said power -of- attorney appointment is in full force and effect. the signature of the certifying officer may be by facsimile, and the seal of the Company may be a facsimile thereof." I. R. A. Pierson, Secretary of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA, do hereby certify that the foregoing extracts of the By -Laws and of a Resolution of the Board of Directors of these corporations. and of a Power of Attorney issued pursuant thereto. are true and correct. and that both the By -Laws. the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of said corporation this 19th day of December 9 96 • S-974/EP 1/93 0 Registered trademark of SAFECO Corporation. MEMORANDUM F DATE: December 2, 1997 RrEutA TO: Scott, Finance FROM: Bevette, Airports DEC C 3 l ;i37 RE: Budget Rent A Car This came to me by way of Risk Management. As I remember, I have been forwarding this kind of thing to you. We can only guess where the October letter went. Thanks /bev attachment F f • . SAFECO f?~CEVID SAFECO INSURANCE COMPANIES 7 TELEPHONE . SURETY DEPARTMENT NOV L , a 1997 FAX (770) 935-2480 (770) 935 -2493 3700 CRESTWOOD PARKWAY, SUITE 450 DULUTH, GA 30136 9 SANDRA L. RONEY ; n r _. n A r-u!ll I November 12, 1997 Monroe County Board of County Commissioners a 1, 1 rA DFIL 5100 College Road , " °°' Public Service Building ry ; Key West, FL 33040 �� Gentlemen: RE: Principal: Budget Rent -a -Car Systems, Inc. Bond No.: 5715542 On October 3, 1997 we sent you a formal Notice of Cancellation on this bond, a copy of which is attached. We can find no record of your acknowledgment of this Notice. Pursuant to said Notice this is to advise you that SAFECO Insurance Company of America will not recognize any liability under this bond as to obligations which may be incurred by the Principal after renewal date of December 1, 1997. Very truly yours, SAFECO Insurance Company of America By j i: L .13 i , c Heidi L. Fortner, Attorney -in -Fact ATLANTA DIVISION SURETY HLF/ ms Enclosure SAFECO INSURANCE COMPANY OF AMERICA El ® SAFECO LIFE INSURANCE C GENERAL INSU COMP OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA SAFECO NATIONAL INSURANCE COMPANY SAFECO NATIONAL LIFE INSURANCE COMPANY SAFECO INSURANCE COMPANY OF ILLINOIS f NOTICE OF BOND SAFECO INSURANCE COMPANY OF AMERICA GENERAL• INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSU SAFECO 0 ® CANCELLATION HOME OFFICE: SAFECO RANCE COMPANY OF AMERICA !� SEATTLE, WASHINGTON 98185 CC: BUDGET RENT -A -CAR DAVIS BALDWIN, INC 52 -4125 (OBLIGEES NAME /ADDRESS) TO: MONROE COUNTY BOARD OF COUNTY COMMISSIONERS FL You are hereby notified that SAFECO INSURANCE COMPANY OP AMERICA Surety upon Type of Bond: $25 , 000 CONCESSION BOND Bond No. 5715542 dated effective 12 /01/ 1995 (MONTH, DAY, YEAR) on behalf of (PRINCIPAL'S NAME /ADDRESS) BUDGET RENT -A -CAR 200 NORTH MICHIGAN AVE. CHICAGO IL 60601 desires to cancel and does hereby cancel said bond in accordance with the cancellation provisions contained therein or in applicable laws or regulations. This notice is Q � mailed to you on 6� / L J .� 3 4 � / / ! / (MONTH, DAY, YEAR) d / �- G �. / / 9 ? and is effective (/(to col /t,Q � -tt(J� p'� t` Z__e_e_l f SAFECO I . RANCE COMPANY OF AMERICA , By: ill■— - - e abk!,■4■ • al (ATTORNEY—IN— - • CT) Cancellation Acknowledged: (PLEASE SIGN AND RETURN THE DUPLICATE OF THIS NOTICE) � ��G ° S1"24i�r4'4, SEAL a By. % 1953 o e °` IvASM Dated: (MONTH, DAY, YEAR) CANCEL REASON: BOND BEING PLACED WITH FRONTIER AT 97 RENEWAL PER JACK R NEU @Registered trademark of SAFECO Corporation. S-1209 /EP 3/90 PRINTED IN U.S.A. Budget Rent a Car Corporation la wholly owned subsidiary of Budget Group, Inc BimpLete RECEIVED Car and Truck Rental MAR I 9 AIRPORTS March 3, 1998 nr? VAT),1 d 2X9 ` 't Arthur R. Skelly t ` : aR 1' • Airport Director v ` y.t. Key West International SO 3491 S. Roosevelt Blvd. Key West, FL 33040 Q IB Re: Performance Bond Dear Mr. Skelly: Enclosed please find Budget Rent a Car Systems, Inc.'s performance bond in the amount of $25,000. If you need anything further, please do not hesitate to contact me at (630) 955 -7541. Sincerely, Tina Tate Properties & Facilities encl. T° sc Lui - 3/0- 0-/ 7 s3 cc 2C CC N v L] ,1c >' � sat 'a .Z csC 4225 Naperville Road Lisle, Illinois 60532 -3662 Telephone (630) 955 -1 Fax (630(955 -7799 A pu4l,C1r limn; eompany NY 4 r " PERFORMANCE BOND NO. 118413 Effective - December 1, 1997 46 0 mintier INSURANCE COMPANY ROCK HILL, NEW YORK N Block Company KNOW ALL MEN BY THESE PRESENTS: That BUDGET RENT A CAR SYSTEMS. INC., (hereinafter called Principal), as Principal, and the FRONTIER INSURANCE COMPANY • , a corporation of the State of New York, with its Executive Office in Rock Hill, New York, (hereinafter called Surety), as Surety, are held and firmly bound unto MONROE COUNTY BOARD OF COUNTY COMAIISSIONERS (hereinafter called Obligee), in the full and just sum of TWENTY FIVE THOUSAND AND 00 /100 Dollars (S 25.000.00). To the payment of which sum, well and truly to be made, the Principal and Surety bind themselves, their and each of their heirs, executors, administratorsisuccessors and assigns, jointly and severally, firmly by these presents. Signed, sealed and dated this 241 o fFebrua ry 1998 WHEREAS, the Principal has entered into a certain written contract, , with the Obligee for IMAR 2 a I998 CONCESSION AGREEMENT WITH MONROE COUNTY FOR THE MARATHON AIRPORT NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That, if the Principal shall indemnify the Obligee against any and all loss or damage directly arising by reason of the failure of the Principal to faithfully perform said contract, then this obligation shall be void; otherwise to remain in full force and effect. This bond is executed and accepted upon the following express conditions precedent: 1. That the Obligee shall faithfully and punctually perform all the terms and conditions of said contract to be performed by the Obligee. 2. That if the Principal shall abandon said contract or be lawfully compelled by reason of a default to cease operations thereunder, the Surety shall have the right at its option to complete said contract or to sublet the completion thereof. 3. That the Obligee shall notify the Surety by registered letter, addressed and mailed to it at its Executive Office, of any breach of said contract within a reasonable time after such breach shall have come to the knowledge of the Obligee, or the Architect, or Engineer. 4. That the Surety shall not be liable for any provisions of the contract or specifications respecting guarantees of efficiency or wearing qualities, or for maintenance or repairs, nor is the Surety obligated to furnish any other bond covering such provisions of the contract or specifications. 5. All suits at law or proceedings in equity to recover on this bond must be instituted within twelve months after the completion of said contract, and in any event within twelve months form the date fixed in said contract for its completion. Coun : si g u : Brad ey Ha ri s #0331561816 BUDGET RENT A CAR SYSTEMS. INC. PRINCIPAL WITNESS `L/c_. By (Seal) } 1 � I � e(r� Title /� 1 FRONTIER INSURANCE COMPANY WITNESS - ' L By 04con o Dawn L. Morgan Attorney -in -fact FM 19- 1191 -FNY (9/93) Y S State of Illinois County of Cook }s.s. On 12/01/1997 , before me, a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared Dawn L. Morgan known to me to be Attorney - in -Fact of FRONTIER INSURANCE COMPANY the corporation described in and that executed the within and foregoing instrument, and known to me to be the person who executed the said instrument in behalf of the said corporation, and he duly acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year stated in this certificate above. "OFFICIAL SEAL" ALICE RHOADS NOTA' PUBLIC, STATE OF ILLINOIS de41 My Commission Exp; eklY CPYMISSION EXPIRES 5/11/98 Notary Public , 0 runner INSURANCE COMPANY ROCK HILL, NEW YORK 12775 -8000 (A Stock Company) POWER OF ATTORNEY l&•ois ■11 9E1en 313 y (`these Presents: That FRONTIER INSURANCE COMPANY, a New York Corporation, having its principal office in Rock Hill, New York, pursuant to the following resolution, adopted by the Board of Directors of the Corporation on the 4th day of November, 1985: "RESOLVED, that the Chairman of the Board, the President, or any Vice President be, and hereby is, authorized to appoint Attorneys -in- Fact to represent and act for and on behalf of the Company to execute bonds, undertakings, recognizances and other contracts of indemnity and writings obligatory in the nature thereof, and to attach thereto the corporate seal of the Company, in the transaction of its surety business; "RESOLVED, that the signatures and attestations of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company when so affixed with respect to any bond, undertaking, recognizance or other contract of indemnity or writing obligatory in the nature thereof; "RESOLVED, that any such Attorney -in -Fact delivering a secretarial certification that the foregoing resolutions still be in effect may insert in such certification the date thereof, said date to be not later than the date of delivery thereof by such Attorney -in- Fact." This Power of Attorney is signed and sealed in facsimile under and by the authority of the above Resolution. DOES HEREBY MAKE, CONSTITUTE AND APPOINT: Lewis James Scheer Michael J. Scheer Alice Rhoads James I. Moore Bonnie Kruse Stephen T. Kazmer Dawn L. Morgan of Countryside , in the State of Illinois its true and lawful Attorney(s) -in -Fact with full power and authority hereby conferred in its name, place and stead to sign, execute, acknowledge and deliver in its behalf, and as its act and deed, without power of redelegation, as follows: Bonds guaranteeing the fidelity of persons holding places of public or private trust; guaranteeing the performance of contracts other than insurance policies; and executing or guaranteeing bonds and undertakings required or permitted in all actions or proceedings or by law allowed; IN AN AMOUNT NOT TO EXCEED THREE MILLION FIVE HUNDRED THOUSAND ($3,500,000.00) DOLLARS; and to bind FRONTIER INSURANCE COMPANY thereby as fully and to the same extent as if such bond or undertaking was signed by the duly authorized officers of FRONTIER INSURANCE COMPANY, and all the acts of said Attorney(s) -in -Fact pursuant to the authority herein given are hereby ratified and confirmed. �1n Nitness phereof, FRONTIER INSURANCE COMPANY of Rock Hill, New York, has caused this Power of Attorney to be signed by its President and its Corporate seal to be affixed this 29th day o f April , 19 �7 P' • FRONTIER INSURANCE COMPANY ti c SEA O p /� / . ° SEAL' 's'_ 1962 r State of New York F w °" _ BY. County of Sullivan ss.: HARRY W. RHULEN, President On this 29th day of April , 19 97 , before the subscriber, a Notary Public of the State of New York in and for the County of Sullivan, duly commissioned and qualified, came HARRY W. RHULEN of FRONTIER INSURANCE COMPANY to me personally known to be the individual and officer described herein, and who executed the preceding instrument, and acknowledged the execution of the same, and being by me duly sworn, deposed and said, that he is the officer of the Company aforesaid, and that the seal affixed to the preceding instrument is the Corporate Seal of the Company, and the Corporate Seal and signature as an officer were duly affixed and subscribed to the said instrument by the authority and direction of the Corporation, and that the resolution of the Company, referred to in the preceding instrument, is now in force. 1n Testimony Ill: hereof, I have hereunto set my hand, and affixed my official seal at Rock Hill, New York, the day and year above written. pOTggy`, =_ ='': BO"' ...Al fi, .. o •= NANCY V, PIERRO *ti NE'• Notary Public State of New York Sullivan County Clerk's No. 2395 Commission Expires July 8, 1998 CERTIFICATION I, JOSEPH P. LOUGHLIN, Secretary of FRONTIER INSURANCE COMPANY of Rock Hill, New York, do hereby certify that the foregoing Resolution adopted by the Board of Directors of this Corporation and the Powers of Attorney issued pursuant thereto, are true and correct, and that both the Resolution and the Powers of Attorney are in full force and effect. 11 Pantos Alitiereof, 1 have hereunto set my hand and affixed the facsimile seal of the corporation this 24th day of February ,19 98 z o SEAL it! 1_ s swvoPE FM 19 5002 - (4/96) JOSEPH P. LOUGHLIN, Secretary