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Show WectThura/Frl, April 27-29,2005 The Park Record A-10 Richardson wins $10K award INREALESDOE FANNIE, FREDDIE , AND GINNIE BY MICHAEL LAPAY Who on earth are Fannie Mae and Freddie Mac? Well, they are not "whos" but "whats." Both are private corporations authorized by the federal government and are part of the secondary market on home mortgages. Fannie Mae is the FederalNational Mortgage Association, Freddie Mac is the Federal Home Loan Mortgage Corporation. Fannie Mae sells FHA and VA mortgages on the secondary market. Freddie Mac pools conventional mortgages, and sells certificates of participation with interest and principal guaranteed by the federal government. It also sells Government National Mortgage Association (Ginnie Mae) bonds, to provide the money with which to buy mortgages. © Community service, leadership win AXA award for PC senior By JARED WHITLEY Of the Record staff A lol of people get mail which claims they've won $10,000. But for Park City High School senior Hunter Richardson, that's a reality. Richardson recently won the AXA Achievement college scholarship, worth $10,000 for his community service and leadership. "Actually, 1 thought it was (from) a debt collector," Richardson said. When he opened the door to his PO. box, he thought, "Oh great, what do they want now?" When he saw that it was actually the AXA scholarship, he and his friend Nick Richards drove down Main Street screaming with joy. MICHAEL LAPAY Richardson has an impressive MOBILE 435.640.5700 resume of community service. He tutors reading and math at McPolin OFFICE: 435.655.8600 Elementary School, his alma mater, 580 MAIN STREET, PARK Crry he volunteers with Curb It VIRTUAi. TOURS: WWW.PUREUTAH.COM Utah Real Estate Recycling, and he's a member of E-MAIL: MLAPAY@PUREUTAH.COM service group Key Club. One aspect of Richardson's volunteerism that AXA spotlighted Rne Cigars was liis service to low-income housing residents. He says he's continuand Accessories ing the legacy of his mother, JoAnn, worked for a safer environment for Wine and Spirits who in the Holiday Village Apartments. •' i Before her passing, JoAnn wine tasting! Richardson received the Maxwell y Award of Excellence from the school Fannie Mae investment group for cooing & racking ; ^sterns : . 1 her commitment to low-income stemware, cork j housing. screws, decanter^ etc, Perhaps because of all this, Richardson was voted "Most likely to be President" in his yearbook. Richardson plans to study busi-shakers, bar tools ness at either Westminster College or Kansas University. After college. -Ibste&botte-b^pv! Im? Prudential -ice buckets ~4iquorpaurere ,.j - ice tongs / bar spoon? l -fine cigars - humidors I 4 0 0 Snow Creek Dr. ( D a n ' s Shopping Center off Hwy 224) v Park City, Utah ^ ' V 435.655.WINE (9463) ^?' V ; www.1heartofwlne.biz, ^ ^ -lighters ! -cutters ; -ashtrays GRAYSON WEST/PARK RECORD Senior Hunter Richardson, center, displays his oversized novelty check from AXA Advisors. Flanking him are (left to right) Joan Mills, school counselor, and AXA officials Ryan Beck, Brady Banks, and Tom Braztll. Richardson wanls to enler the cor-' porate world, possibly with an international focus, and climb for the top. "I think it would be very good to start entry level and work up," Richardson said. "I know that you cant go straight from college to be a CEO." Business leadership is something Richardson is already familiar with. He's a manager at Coldstonc Creamery, Park City High School's Sterling Scholar for business, president of the Future Business Leaders of America (FBLA), and vice president of EduTech, a two-period business class taught by Jennifer Hucklc. In EduTech, students are "employees" and their homework is budgets and business plans. For one project in EduTech that Richardson enjoyed, student groups developed games and researched how to market them. Richardson's group created a memory card game. "'It was fun." said Richardson, noting thai he learned to work with companies to get information and about teamwork. "Everyone has strengths and weaknesses. As long as you utilize everyone's strengths, your group is more powerful." In his free lime. Richardson likes to hang out, play pool, and watch movies. •'Because I have to be business all the time. I just like to sit around and be a kid," he said. The AXA award is endowed by financial planning group AXA Advisors and given to one student in every stale, plus Washington, D.C.. and Puerto Rico. Last year. a Park City student. Kirt White, also won the AXA award. "Paying for college continues to be a challenge for American families with college-aged youths," said AXA Utah branch manager Ryan Beck. "AXA.is pleased to be able to provide the financial resources to help deserving young people go on to higher education." Kite contest will raise money for vision The Utah Lions Clubs in association with the Utah Lions Foundation, the Utah Lions Eye Bank and the Utah Coalition for Organ, Eye and Tissue Donation, proudly present the first annual Flight for Life Kite Contest. The contest will be held Sat., June 23 at the Oakley Recreation Complex at 10 a.m. This is a team event and each team consists of one child and one adult. Entry fee is $10 per team. There will be cash prizes ($100.00. $75.00 and $50.00) for the top three winners in each of 4 categories: 1. Best home made kite (must fly to win) 2. Largest kite, not including the tail, can be store bought 3. Judges' choice 4. Most pledges collected. We have pledge forms and for the person or team collecting the most pledges. There is a $50 cash first prize Til is is a non-professional conlesl. all judges rulings are final, and having fun is a requirement. All checks are to be made to the "Utah Lions Foundation" and all donations arc tax deductible, Utah Lions Foundation is a 501(c) 3 non-profit organization. For over 80 years the local Lions Clubs of Utah have been saving sight and lives through their great hum'anilaria'n efforts throughout Utah and the world, according to a Lions foundation ' press release. No one can place a n value on the gift of sight yet annu- 'ally thousands of individuals wait • in blindness for the gift of sight, the release continues. ' For more information contact ' any member of the Utah Lions Clubs (Park City, Coalvilie, • Kamas. or Morgan) or Carolyn '. Suchala at 435-655-0610 or go to ] the web site: ulahlions.org. • ' ' • Spring Season Passes On Sale Now! tki &. Ride now to Memorial Day* for only $200! in-Spring Special includes Rate lift ticket! 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