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Statement of AuthorityFrom:Brown & Brown, P.C. 970 241 1144 12/1512011 15:58 #912 P.00310D3 STATEMENT OF AUTHORITY The undersigned, Florence L. Paula, a Co- Trustee of Paula Family Trust, states as follows: L The name of the entity is Paula Family Trust. 2. The entity is a trust formed under the laws of the state of Colorado. 3. The mailing address for the entity is: 7676 Highway 145, Telluride, Colorado 81435 4. The names and positions of the individuals authorized to execute instruments conveying, encumbering, or otherwise affecting title to real property and personal property on behalf of the entity are Florence L. Paula, Glenn D. Paula and Terri Paula, Co- Trustees. Said Co- Trustees may act jointly or independent of one another. This Statement of Authority is intended to comply with the provisions of C.R.S. 38- 30 -108.5 and C.R.S. 38 -30 -172. Upon recording, this Statement of Authority shall constitute prima facie evidence of the facts recited in this Statement of Authority insofar as the facts affect title to real property and personal property and prima facie evidence of the authority of the individuals executing this Statement of Authority to execute and record this Statement of Authority on behalf of the entity. Dated: 12 % j 20 (( 2011. Florence L. Paula, Co- Trustee of Pauls Family Trust STATE OF COLORADO ) as. COUNTY OF/7Zoyulro,� ) (� The foregoing instrument was acknowledged before me this day of UeCoZ(- , 2011, by Florence L. Paula, Co- Trustee of Paula F ilv T Witness my hand and official seal, My commission expires: Notary Public ' SCOTT STRANfl Notary Publla $tot* of Colorado