SAXE MORTGAGE COMPANY
950 John Daly Blvd., Suite 200, Daly City, CA 94015 (650) 755-7293 Fax (650) 755-7064


CORPORATE RESOLUTION



WHEREAS
, there has been submitted to this board copies of certain Broker Agreement and all attachments thereto (“The Agreement”) proposed to be entered into by and between __________________________ (“Broker”) and Saxe Mortgage Company, wherein the Broker agrees to submit loans on the behalf of borrowers for financing to Saxe Mortgage Company from time to time.

WHEREAS
, Pursuant to the terms of the Agreement, the Broker will from time to time, obtain comments from Saxe Mortgage Company to close such mortgage loans,

NOW, THEREFORE, BE IT RESOLVED, that Agreement is hereby authorized and approved, each Transaction accepted or to be accepted pursuant to the agreement is hereby authorized and approved, any Officer of the Broker or anyone designated by such officer _____________________________ as designee. Hereby authorized to execute and deliver in the name of and behalf of the Broker.

FURTHER RESOLVED, that the officers of the Broker and other such individuals as may be designated from time to time, commitments from Saxe Mortgage Company for the closing of mortgage loans;

The undersigned, the secretary of the Broker, hereby certifies that the above revolutions were duly adopted at a meeting of the Board of Directors of Broker duly held on the _______________ day of _____________________________, 20____ at which a quorum of such Board of Directors was present and acting throughout, and said resolution has not been modified and is still in force and effect.


Date:______________________________


__________________________________                                                      Corporate Seal
Secretary


Attest:_________________________________