THE BOARD OF DIRECTORS

<small>3.1.1. RESPONSIBILITIES: The Board shall exercise all the responsibilities of the Bylaws. All

general policies enacted by the Board shall be considered Standing Rules. Board

E. Payment of all mortgages, land contracts taxes and insurance on the properties

of the corporation.

3.1.2. POWERS AND LIMITATIONS

3.1.2.1. The powers of the board are as delegated to it by the members through the Bylaws.