HomeMy WebLinkAboutResolutionsfollowing:
CERTIFIED RESOLUTIONS
AND CERTIFICATE OF INCUMBENCY
I, Clay McDaniel, Manager of BKXL Management, LLC, do hereby certify the
BKXL Partners No 2, Ltd. ('BKXL") is a Texas limited partnership.
2. BKXL MANAGMENT, LLC (the "General Partner") is a Texas limited liability
company and is the sole general partner of BKXL.
3. The General Partner has the sole and exclusive power and authority to act for and
on behalf of BKXL on all matters.
4. Clay McDaniel and Richard Rainer are the duly appointed and acting Managers of
the General Partner.
5. Richard Rainer and Clay McDaniel, individually, in their capacity as Managers of
the General Partner, have been authorized and empowered by all necessary action by the
members and/or managers of the General Partner to act for and on behalf of the General Partner,
for itself and as the general partner of BKXL, to purchase real estate, to grant servitudes over or
affecting any real estate, to borrow money and to grant a mortgage, assignment of leases and
rents and other security interests in or affecting any real estate.
6. Richard Rainer and Clay McDaniel, individually, in their capacity as Managers of
the General Partner, is further authorized on behalf of the General Partner, for itself and as the
general partner of BKXL, to enter into any and all documents, instruments and agreements that
either deems necessary or advisable to effectuate these transactions, including without limitation
one or more Acts of Sale, servitudes agreements, notes, mortgages and assignments of leases and
rents, all of which documents, instruments and agreements may contain terms and provisions that
he deems necessary or advisable, including without limitation a confession of judgment, waiver of
appraisal, consent to foreclosure by executory or ordinary process or any other provisions
customarily included in a Texas security instrument.
June, 2012.
IN WITNESS WHEREOF, I have signed this Certificate on this 22nd day of
Clay McDaniel, Manager