Statement of Partnership 1984-157855RECORDING REQUESTED BY:
F. Patterson Willsey,
Attorney at Law
WHEN RECORDED, MAIL TO:
F. Patterson Willsey
DORAZIO, BARNHORST, GOLDSMITH &
BONAR
438 Camino del Rio South
Suite B -223
San Diego, California 92108
STATEMENT OF PARTNERSHIP
i 84- 157855
OFFiCIAI_ itLCOC`.;
OF SAN 0! ET," C,"N'T Y. CA.
or
ISM APR 30 AM II: 58
LEP, ",
COVUNTY R
RF
s Use
THE UNDERSIGNED, constituting all of the partners of POWAY
PLAZA SHOPPING CENTER, a California general partnership, make
this Statement of Partnership as individuals pursuant to Section
15010.5 of the California Corporations Code as follows:
1. The name of the partnership is POWAY PLAZA ASSOCIATES,
a California general partnership.
2. The name of each of the partners is: JERRY S. ARNOLD,
an individual, ARNOLD- PACIFIC PROPERTIES, INCORPORATED, a
California Corporation, DAVID H. PAYNTER, an individual, and
SCOTT R. THAYER, an individual.
3. The partners named in paragraph 2 above are all of the
partners in the partnership.
4. SCOTT R. THAYER, during construction of the shopping
center to be known as Poway Plaza Shopping Center, and only
during such period, may sign for and on behalf of the partnership
instruments and documents made in the name of the partnership so
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1611/M /1/
long as any such instrument or document does not obligate the
partnership to pay an amount equal to or exceeding Five Thousand -
Dollars ($5,000.00) and /or bind the partnership for longer than
twelve (12) months. JERRY S. ARNOLD, as the Managing General
Partner, and only JERRY S. ARNOLD, as the Managing General
Partner, acting independently and individually is authorized at
all times to sign for and on behalf of the partnership any instru-
ments or documents made in the name of the partnership, which
instruments and documents shall include, but shall not necessarily
be limited to, promissory notes, deeds, deeds of trust, leases,
escrow instructions, other documents affecting the title to any
real property of the partnership, and any other instruments or
documents.
DATED: April 20, 1984.
Effla W....E I I., A i W�_ 1 OAF, r
an individual
ARNOLD- PACIFIC PROPERTIES,
INCORPORATED, a California
Corp - -�' -
By:
David-H. . Pa ter, Individual
Scott R. Thayer, an ndividual
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A'• t*
STATE OF CALIFORNIA )
Sin l�i e D ) ss.
COUNTY OF 9 )
On WAX..%• a2 WAI , before me, the undersigned, a
Notary Public in and for said State, personally appeared JERRY S.
ARNOLD, known to me to be the person whose name is subscribed to
the within instrument and acknowledged to me that he executed the
same.
and official seal.
OFFICAL SEAL
KIMBERLY HOROVITZ
Notary Public-Calif.
Principal Office In
San Diego County
Mycpmm', 0,W,"J"a, loss
.
STATE OF CALIFORNIA
COUNTY OF . 40 bf t10
m
a j /
ss.
On //1MO,4-, o7% KA41 , before me, th
e
Notary Public in and'for said State, personally
ARNOLD, known to me to be the President of the
executed the within instrument on behalf of t
therein named, and acknowledged to me that su
executed the within instrument.
hand and official seal.
OFFICAL SEAL
KIMBERLY HOROVITZ
Nolary Public • Calif.
Principal Office In
.San Diego County
%ty=n,lisppn "pi,c: Ja:. a. I gar
STATE OF CALIFORNIA
COUNTY OF San (ble5o
undersigned, a
appeared JERRY S.
corporation that
he corporation
ch corporation
.. i.�� /`�✓ i y l
ss.
On �ftoL/K. cgs before me, the undersigned, a
Notary Public in and or said State, personally appeared DAVID H.
PAYNTER, known to me to be the person whose name is subscribed to
the within instrument and acknowledged to me that he executed the
same.
WITNESS my hand and official seal.
OFFICAL SEAL
KIMBERLY HOROVITZ
Ncla ry Public • Calif.
Principal Office in
6r n Diego County
MYp .e :cn1pas, J,n a. 1gap
nueocu
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/3/
STATE OF CALIFORNIA 1
•
COUNTY OF 5Cin `e ss. t 0 )
On cA- �;L 9.0 before me, the undersigned, a
Notary Public in and for said State, personally appeared SCOTT R.
THAYER, known to me to be the person whose name is subscribed to
the within instrument and acknowledged to me that he executed the
same.
WITNESS my hand and official seal.
OFFICAL SEAL Notary Publ
KIMBERLY HOROVITZ
Notary Public • Calif.
Principal Office In
San We County
MY romrmc4an a +pros bn 6. 19"
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VERIFICATION
JERRY S. ARNOLD, DAVID H. PAYNTER, and SCOTT R. THAYER, each
for himself, and JERRY S. ARNOLD, on behalf of ARNOLD- PACIFIC
PROPERTIES, INCORPORATED, declares that:
1. We are the four (4) partners named in the foregoing
Statement of Partnership.
2. The foregoing Statement of Partnership is true of our
own knowledge.
We declare under penalty of perjury that the foregoing is
true and correct and that this instrument was executed as of
April 20, 1984 at Tustin, California.
ARNOLD- PACIFIC PROPERTIES,
INCORPORATED, a California
corporation
By:
Jer S. of President
/�
� / /v j T
D id H. Paynter, ji'individual
Scott R. Thayer, an in ividual
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• •
RESOLUTION
OF THE BOARD OF DIRECTORS OF
WSL FINANCIAL CORPORATION
WHEREAS, it has been determined that WSL Financial
Corporation, a California corporation, ( "Financial "), a
wholly -owned subsidiary of Westwood Savings and Loan
Association ( "Association "), contemplates pursuing various
areas of real estate development, both commexciial and non-
commercial; and
WHEREAS, such transactions include but are not
limited to the purchase, sale, joint venture, construction,
development, etc. of real estate (collectively "transactions "),
upon terms and conditions acceptable to Financial's top
management.
NOW, THEREFORE, BE IT RESOLVED that Edward M. Israel,
Chairman of the Board; Ronald Shenkman, President of Financial;
George Hanson, Vice President; and Henry Gats, Vice President,
or any of them acting alone, be and hereby is authorized,
directed and empowered on behalf of Financial, upon terms
and conditions acceptable to Financial's top management, to.
execute any and all instruments and to do any and all things
necessary or convenient, without limitation, to effectuate
and consummate the transactions.
FURTHER RESOLVED, that if any instrument, agreement
or document contemplated thereby shall have been executed
and delivered by any of such officers prior to the adoption
of this resolution, this resolution shall be construed as
ratification and confirmation of such execution and delivery.
0
', FURTHER RESOLVED,-that each officer of Financial
be and hereby is further authorized to take all such further
actions in the name and on behalf of Financial as may to
such officer appear necessary or desirable to effectuate
the intent of,the foregoing resolution.
IN WITNESS WHEREOF, the undersigned have executed
this resolution this 31st day f J n ary, 1985.
Edward P7. Israel
'Albert Collins
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