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Published November 28, 2012, 12:00 AM

1604145 Assumed Name - Bell Investments

Assumed Name

Publish November 28, 30, 2012

CERTIFICATE OF ASSUMED NAME

STATE OF MINNESOTA

List the exact assumed name under which the business is or will be conducted: Bell Investments.

State the address of the principal place of business: 1001 Broadway, Alexandria MN 56308.

List the name and complete street address of all persons conducting business under the above Assumed Name:

Bell State Bank & Trust, 3100 13th Ave S, Fargo ND 58103.

I certify that I am authorized to sign this certificate and I further certify that I understand that by signing this certificate, I am subject to the penalties of perjury as set forth in Minnesota Statutes section 609.48 as if I had signed this certificate under oath.

/s/ Rodney C. Jordahl

Date: October 16, 2012

1604145

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