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' POWER OF ATTORNEY OF <br />INDEMNITY COMPANY OF CAI.iFORN1A <br />AND DEVEL�PEFtS INSURANCE COMPANt' <br />F0. BOX i S 25. IRlINE, CA 92623 • 19<912d9-3900 NO p 0 S 7 6 8 <br />NOTICE: 1. NI po ver an0 auttimty Mie�n P+^teA shell �n arry arent termin�p on:M �tat Oay ol March. 2002. <br />2. TTxa Power ol AnwneY n vaE A allers0 a �I anY P�� n en+e0. <br />J. 7M Power ot Attom�y is voM unNp 1M feal n rNO�bN. tM tut n in down ink. IM sgnaLL�+et a'e ✓� �Mn mk aM M�a notiu n m ONie nk. <br />l. Tliis PO+wr ol AltarMy fhNM not Ds re�u� to IM AtlOrneypl•M.F�cI. M MMUAt r��*'n i � xrtwMn OM d ttM ob�qM's 1Ka�h. <br />KNOW ALL MF:. BV TMESE PRESENiS, inat e.ce0t as e.Dressly emne0 ;NDEMNIT' COMMNY CF CAUF011NU1 anC DEVElO�E115 �N8URANCE GOIAMNY, Co woh severYN. <br />bul nOi �oi��h'. ��Rlby maAe, tOnS�itute antl appOmt <br />"'STEVEN W. PALMER, MARY A. DOBBS, GERALDINE C. STEWAFtT, HOl.LY <br />ULFERS, DAVID J. FORSYTH, JOINTLY OR SEVEF�ALLY•« <br />Me tN! an0 �awlul AttOrneylsl���-Fact. Io make. eteCute. aebvn a�a acknowleEge, la ana on bel�ad of saiE torpf-a4ons as su:tlies. ba+dn, unEMakings and contqcis o� suretyship <br />m an amoun: not e�ceeCmg Ten Mil6on DoINn If10.000.0001 m a�y smqle unEMakrtg; grving aN gnnhng unto sai0 Mbmey�sP��-Fact hn� Dowx and autlwnly to tlo anU to oedo� <br />lvery aC� nKltsery. �RCwsit! a propN �0 b! AO�e in COnnittron t�erlwi�h as eaCh of S�M Corplrali0n5 COWC 00, but m3M'��9 �o eacn o� saM corowauons hiil power ol subsMutw� <br />anO.evOCatqn: anC all ol t�e aCis of Sab Altr+iey�s��In�FxL pursuant to ihex presMts, ar! hreby ratiheE and cooh'me0. <br />This Power ol Anomey rs o�antea a�0 �s signeC by �acs�mde un0a arW Dy authonty ol the �ulowing resoiunons aaopteC by tne rospecLve Bosma ot Dnectors ol INDEMNITY COMPAM� <br />OF CAUFORNIA an0 DEVELOVERS IHSURANCE COMWINY, etlxtive as ol September 2�. �9B6: <br />RESOWED, tnat Me C�a�rtna� ol \he BoaN. the Pre9EMt anE any V¢e Pras�4ent ol Me corporabons Oe, ana that eacn ol tham �erlOy 6. aut00nzeC �o eelCute Powers o� <br />AtlOTly. qualdyiPg 1Pe aUomly�s� namM �n Ne PowMS Of AtlOmey to e�lLUle, on bMafl ol t�e Wrporabo�s. b0�45, uctlendkings anE CO�Irx�S o� SUAtyS'+ip; �n0 iM31 ��e SKrNMy <br />IX any A55i51an� $BCRtary o� thp CMpW3bon5 DE. ahE eOC� 0� Inlm hlADy R. aulho�LlO 10 atles� IO! e�lCWon 01 any Suc� PowH ol AROTly: <br />iiESOLVEO. FURTHER. t�at the s�gnat�mes ol sucn oMicd 5 may be atliaeE to any sucn Powr ot Attomey a to any cenihcate �eNtmg Ihercto by �acs�mile, anC any such Power <br />o� AUomey ar cMdiCab blinng SUGh IaCSim�k 5�9�3Iurl4 Shall b! vabA an0 �inCing UpOn Me tOrpotabon w�M 50 atluetl anG m �Mt hIIWE w�ih re5plCl to 2ny b0�d. u�tlC�aFmg or <br />conlraCt ol SUR1y5��P �D whiCh A i5 atlOcbeC. <br />IN WITNESS WNEREOF. INDEMNITY COMPANY OF C1ILIFORNIA anE DEVELOPERS INSURANCE COMPANY have serxally causeE tnese presents ro be sig�� oY �har mpecLw <br />PieslCenti a�tl attesleC Ey therc respxbve Secretar=s �h�e 22n0 Oay ol Decembec 1996. � <br />HIDEMNITY COMPAlIY Or GALIFORNIA DEVELOPERS INSURANCE COMPANV <br />BY • BY . V — <br />Dan F.VincenL.Jr. ,� Dante ���cmti.Jr. ",�.uQ^ <br />PreSiEent n�v�NYQR P sitleN Q9 N�. <br />t vo � � '� <br />4+ iob�, • A7TEST �=�n�c� g <br />��/�^1�i^� i - OC7 s o ����^1�i� <br />_ o • ,'� � �[ ~ <br />Y mt�'� 1'� <br />e � <br />By BY <br />Waiter Crowe�l Walter Crowell <br />Secrelary Secrctary <br />STATE OF CALIFORNIA i <br />� 55. <br />COUNTV OF ORANGE 1 <br />On DeCember 22. 1998, belore me. C. Molhster, personally appeared Danle F VinceniL Jr, and Walllf CroWell. per50nally known to me (or prove0 to rtM on the basia OI <br />setlslactory evMmcel to I» the personls) wtiose namNs) �Lara subscn6eU to t�e with�n msirument an0 acknowkWqM 10 me Ma� hNSM/tl+ey e.xWcd tl+e same � ����� �'���^� <br />caDsary�iesl, antl tnat by hi5iherphoir signature�s) on t�a inslrument tM personlsl. or the entrty upon behall of which Me persw�ls� acte0, ereCuteC t�e instrument. <br />WITNE55 my hanA an0 offiaal seal. <br />Signature_ L/� l. �^6L ./1.(�. <br />C.HOLUSlER <br />CAMM.111192615 � <br />� Nplry PudlC • Glilomi� O <br />3 oa,wcecouHrv <br />My Conxn. Expim AUG. 71. 200Y <br />CERTiFlCATE <br />The uneersgnetl, as Senror vKe Presitlent of INDEMNITY COMVANY OF CALIFORNIA, anE Smror Vlce Presdeot ol DEVELOrE1161NEURANCE COMMNM. Coes he2M <br />cMity t�at ihe lorego��g antl attachlG Power ol Altornay remains in IUII laCe afM nas nol heen revd�aC: aM i�Mhertnae• ��a� �� P��:�s of the �e50WiMns o'. �M rl:OK��� ��� <br />of Duectors ol said co�pOrat�Ons set forih in Ihe Power of Attomey, am m lo¢e as ol tbe date ot I�is Certi�iWte. <br />This Certdicate is e.ecuted m the �iry ot Irvine. CaiAom�a, t�is ��t Oay of ���r . �999 <br />INDEMNITY COMVANY OFCALIFORNI� DEVELOPERBINbURANCECOMPAMY <br />T' �/� .1VY�NI CF - �SUF,�4 • <br />/�//'��/��/�/��� �/J/o,� i � ry4 V e <br />B �`�/ ���'ii v�/ �_�f7j�_/ t�l✓� i� OCT S ~G BY • _ �', pUR }? <br />y t0!� � <br />Wdl�am T. Sherer C � W �M7 c� WIMum T. Sherer �y F <br />S�niw V�ce PresWe�t o,k j,�`' Sema VKa P�efiOe�t r� <br />• <br />ID-Jt4 FEV.112/98) <br />