ORDER N0. 20418 APPROVAL FOR THE RELEASE OF SECURITY FROM SECURITY STATE BANK AND TRUST On this the 25th day of July, upon motion made by Commissioner Holekamp, seconded by Commissioner Oehler, the Court unaniaously approved by a vote of 4-0-0, to release the security from Security State Bank and Trust. R. GORDON MORGAN COMMISSIONER, PCT. 1 T.H. "BUTCH" LACKEY COMMISSIONER, PCT. 2 i~se a~ c° ~~~ ;~ I wi'~~ x W. G.STACY COUNTY JUDGE,KERR COUNTY July 31, 1991 GLENN K. HOLEKAMP COMMISSIONER, PCT. 3 BRUCE OEHLER COMMISSIONER, PCP. 4 Security State Hank & Trust P.O. Box 471 Fredericksburg, Tx 78624 Dear Sirs: This letter is to release the pledge on the following security due to mature. $500,000.00 U. S. T-Note; due 7-32-91; rate 7.758; SK#364168; Cusip #912827XU1. If we can be of further assistance to you please let us know. W. G. Stacy, County Judge 70(1 MAI\ STREET, KERRVILLE, TX 78028 PHONE (512) 257-6711 THE STATE OF TEXAS X COUNTY OF KERR X I, PATRICIA DYE, Clerk of the County Court and Ex-Officio Clerk of the Commissioners' Court of Kerr County, Texas, do hereby certify that the above and foregoing is a true and correct copy of ORDER NU. 20418 passed by the Commissioners' Court on the 25th day of July A. D. 19 9I as the same appears of record in Volume S Page 330 of the Minutes of the Commissioners' Court of Kerr County, Texas. IN TESTIMONY WHEREOF, I have hereunto set my hand and seal of office at Kerrville, Texas, on this 31at day of July A. D. 19 41 PATRICIA DYE Clerk of the County Court and Ex-Officio Clerk of the Commissioners' Court of Kerr County, Texas BY ~ ~ e~_ Esther R. Garza Deputy ~I;('.[TRI'I'1' S'I~~'I'I; B1~NI~ ~1NI) ~I~Iti~~'I' Jule 15, 1991 Kerr County Commissioners Court Attn: Tommy Tomlinson Kerr County Courthouse Kerrville, Texas 78028 Dear Sirs: HOME OFFICE POST OFFICE BO%%]I FREDERIC%SBURO. TE%M1S 18821 (512199T~T5]5 BRANCH OFFICE POST OFFICE BO% 1515 %INGSUND, TElUS ]8939 (91513863535 BRANCH OFFICE POST OFFICE BO%>0 HARPER. TEAS ]8831 (51218MA~W0 MEMBER FDIC This letter is to request your release of the pledge on the following security due to it's maturity. $500,000.00 L'. S. T-Note; due 7-31-91~ rate 7.75Y,: SK 5364168; Cusip 1E912827XU1. With the release of this security we would still have pledged to you a Par Value of $2,400,000.00, with a Market Value of $2,454,125.00 (see attached sheet). Plus your $200,000.00 FDIC Insurance. Y'e are showing you with a balance of $1,942,804.81 as of July 12, 1941, If I can be of any further assistance please call me. Thank you for your assistance in this matter. Sincerely, Susan Behrends Operations Officer