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This excerpt taken from the FL 8-K filed May 21, 2008. . Corporate Existence and Power.
Such Borrower is a corporation duly
incorporated, validly existing and in good standing under the laws of its jurisdiction
of incorporation, and has all corporate powers and all material governmental
licenses, authorizations, consents and approvals required to carry on its business
as now conducted, except where failures to possess such licenses, authorizations,
consents and approvals could not, in the aggregate, reasonably be expected to
result in a Material Adverse Effect.
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