0430833Ar3 Canandaigua National Bank Webster Ny

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^ĐĂůĞ͗

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

ĞƐŝŐŶWƌŽƉŽƐĂů WZK:d/͗

ϬϰϯϬϴϯϯƌϯ

>/Ed͗

EE/'hEd/KE>E<

Z^^͗

ϭϭϱϱZ/'Z t^dZ͕Ez͘

d͗

ϭϮͬϬϴͬϮϱ

KEdd͗

DZhZz

^/'EZ͗

>

^,dϭK&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd ^ĐĂůĞ͗

ͲͲͲͲͲͲͲͲͲͲͲͲͲ

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘

ϭ

ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

ϭ

Ϯ Ϯ

ϭ

sϭ sϮ

ϰ

dD ϯ



ϯ

ϯ Ϯ Ϯ

ϯ

ϰ

Z/>^/ds/tͮWZKWK^^/'E'

^,dϮK&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd

y/^d/E'

^ĐĂůĞ͗

WZKWK^

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

ϭ y/^d/E'Dh>d/ͲdEEdͬ&DKEhDEd^/'E ZDKsy/^d/E'EE/'hEd/KE>E<EdZh^d&^ EZW>t/d,Et&^

EKd͗^/K&^/'E'/EZ>d/KEdKd,h/>/E'/^WWZKy/Dd͘d,/^W,KdKDK<ͲhW/^/EdE &KZ>Kd/KEWhZWK^^KE>zEDzEKdhZd>zZWZ^Edd,^>K&d,WZKWK^^/'E' dKd,h/>/E'͘^/d^hZsz/^ZYh/Z͘

^,dϯK&ϮϬ

dtK;ϮͿdEEd>yE&^ DKhEdKEy/^d/E'ͬ& DKEhDEd^/'E

ϬϰϯϬϴϯϯƌϯ ϭϭϱϱZ/'Zt^dZ͕ Ez͘

η

^Z/Wd/KE͗

ϭ͘

t,/d>yE&^

Ϯ͘

s/Ez>'ZW,/^&/Z^d^hZ&

EE/'hE͘͘

ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd ^ĐĂůĞ͗

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘

K>KZ^͗ ϰϱϭͬϮΗнͲsK 

ϭ

͘W͘s/Ez>dKDd,WD^ϯϱϭϳĐWW>Z



t,/d>yE

ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ



ϮϭͬϰΗ ϯϭͬϮΗ ͟͞ ͞E͟

ϵϭͬϮ͟

ϭϮϭͬϮΗнͲsK

Ϯ



ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ

ϭ &ZKEds/tͲdEEd>yE^/'E&^ ^>͗ϭ͗ϴ

^,dϰK&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

>

y/^d/E'

WZKWK^

^EKd ^ĐĂůĞ͗

ϭ ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

y/^d/E'ZsZ^,EE>>K'KKE<ZWE>t/d,>^ E&>/d,EE>>ddZ^ ZDKsEZW>t/d,Et,EE>>K'Kͬ>ddZ^ ZDKs^/E'>>K'K'KK^E<^WKd>/',d

EKd͗^/K&^/'E'/EZ>d/KEdKd,h/>/E'/^WWZKy/Dd͘d,/^W,KdKDK<ͲhW/^/EdE &KZ>Kd/KEWhZWK^^KE>zEDzEKdhZd>zZWZ^Edd,^>K&d,WZKWK^^/'E' dKd,h/>/E'͘^/d^hZsz/^ZYh/Z͘

^,dϱK&ϮϬ

ϭϬΖͲϱУШМΗ ϴΖͲϬΗ

DEh&dhZΘ/E^d>>;ϭͿKE ^dK&/>>hD/Ed,EE>>ddZ^ E͞^W/<͟>K'KKEt/Ztz

ϬϰϯϬϴϯϯƌϯ ϭϭϱϱZ/'Zt^dZ͕ Ez͘

EE/'hE͘͘

ϱΗ ϯΗ

ϰΖͲϵУШМΗ>K'K ϭ



ϯ



ϰΖͲϴСШИΗ

ϰ

ϭϬΗ ͞E͟

ϭΖͲϯΗ ͟͞

ϳΖͲϵΗ K͘͘,͘

ϱ

ϭ ϭϱΗ͟͞>ddZ^Ͳ^d<ǁͬ>K'KͲt,/d

ϳ

ϮΗ

η

^Z/Wd/KE͗

ϭ͘

͘ϬϰϬΗϯΗW>hD/EhD,EE>>K'K EZdhZE^ͲW/Ed

Ϯ͘

͘ϬϰϬΗϱΗW>hD/EhD,EE>>ddZ^ ǁͬZdhZE^ͲW/Ed

ϯ͘

ϯͬϭϲΗd,<͘Zz>/&

ϰ͘

ϭΗt,/ddZ/DW

ϱ͘

ϮΗWt/Ztz;>K'KKE>zͿW/Ed^tϲϲϬϴ

ϲ͘

/EdZE>>z/>>hD/Edt/d,ϳϭϬϬ<t,/d >͘͘͘DKh>^

ϳ͘

,EE>>K'KͲ&>h^,DKhEddKt/ZtzͲ

ϴ͘

t/ZtzΘ,EE>>ddZ^&>h^,DKhEd dKt>>

&

Ϯ



ϯ



ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd ^ĐĂůĞ͗

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

K>KZ^͗ 

W/EdͲt,/d

ϰ



ηϳϯϮϴt,/dZz>/

ϴ

&

W/EdͲdKDd,t>>^tϲϲϬϴ

Es/t

ϴϭ͘ϭϮ^Y&d ϯͬϴΗсϭΖͲϬΗ

'&EͲ^>ͲͲyyyͲ&>hͲ>ͲϬϬϭϱdžϬϬϮϰͲϬϬϬϰ

dzW/>Ͳzs/t

dzW/>ͲE/',ds/t

^,dϲK&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

>

y/^d/E'

^EKd

WZKWK^

^ĐĂůĞ͗

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

Ϯ

y/^d/E'ZsZ^,EE>>ddZ^KE<ZWE> ZDKsEZW>t/d,Et,EE>>K'K

EKd͗^/K&^/'E'/EZ>d/KEdKd,h/>/E'/^WWZKy/Dd͘d,/^W,KdKDK<ͲhW/^/EdE &KZ>Kd/KEWhZWK^^KE>zEDzEKdhZd>zZWZ^Edd,^>K&d,WZKWK^^/'E' dKd,h/>/E'͘^/d^hZsz/^ZYh/Z͘

^,dϳK&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘

>

y/^d/E'

ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

WZKWK^

^EKd ^ĐĂůĞ͗

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ

ϯ

y/^d/E'ZsZ^,EE>>K'KKE<ZWE> ZDKsEZW>t/d,Et,EE>>K'K EZDKs'KK^E<^WKd>/',d

ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

EKd͗^/K&^/'E'/EZ>d/KEdKd,h/>/E'/^WWZKy/Dd͘d,/^W,KdKDK<ͲhW/^/EdE &KZ>Kd/KEWhZWK^^KE>zEDzEKdhZd>zZWZ^Edd,^>K&d,WZKWK^^/'E' dKd,h/>/E'͘^/d^hZsz/^ZYh/Z͘

^,dϴK&ϮϬ

DEh&dhZΘ/E^d>>;ϮͿdtK ^d^K&/>>hD/Ed͞^W/<͟>K'K ,EE>>ddZ^ŽŶt/Ztz

ϬϰϯϬϴϯϯƌϯ

η

^Z/Wd/KE͗

ϭϭϱϱZ/'Zt^dZ͕ Ez͘

ϭ͘

͘ϬϰϬΗϯΗW>hD/EhD,EE>>K'K EZdhZE^ͲW/Ed

Ϯ͘

ϯͬϭϲΗd,<͘Zz>/&

ϯ͘

ϭΗt,/ddZ/DW

ϰ͘

ϮΗWt/ZtzW/Ed^tϲϲϬϴ

ϱ͘

/EdZE>>z/>>hD/Edt/d,ϳϭϬϬ<t,/d >͘͘͘DKh>^

^ĐĂůĞ͗

ϲ͘

,EE>>K'KͲ&>h^,DKhEddKt/ZtzͲ

ϳ͘

t/Ztz&>h^,DKhEddKt>>

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘

EE/'hE͘͘ ϰΖͲϬСШИΗK͘͘t͘ ϯΗ

ϭ

ϱСШИΗ

ϭΖͲϰΗ

ϰΖͲϬΗK͘͘,͘

Ϯ

 

ϯ

ϮΗ

ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd

ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ

ϰ

&

ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

K>KZ^͗

ϲ ϳ Ϯ ϯ ϰϴΗ͟͞>K'KͲt,/d ϭϲ͘Ϯϰ^Y&d ϯͬϰΗсϭΖͲϬΗ

dzW/>>sd/KEͲzs/t



W/EdͲt,/d



ηϳϯϮϴt,/dZz>/

&

W/EdͲdKDd,t>>^tϲϲϬϴ

Es/t

^/Dh>dE/',ds/t

^,dϵK&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

y/^d/E'

^EKd

WZKWK^

^ĐĂůĞ͗

>

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

ϰ

y/^d/E'ZsZ^,EE>>K'KKE<ZWE> ZDKsEZW>t/d,Et,EE>>K'K EZDKs'KK^E<^WKd>/',d

EKd͗^/K&^/'E'/EZ>d/KEdKd,h/>/E'/^WWZKy/Dd͘d,/^W,KdKDK<ͲhW/^/EdE &KZ>Kd/KEWhZWK^^KE>zEDzEKdhZd>zZWZ^Edd,^>K&d,WZKWK^^/'E' dKd,h/>/E'͘^/d^hZsz/^ZYh/Z͘

^,dϭϬ K&ϮϬ

DEh&dhZΘ/E^d>>;ϭͿKE ^dK&/>>hD/Ed͞^W/<͟>K'K ,EE>>ddZ^ŽŶt/Ztz

ϬϰϯϬϴϯϯƌϯ

η

^Z/Wd/KE͗

ϭϭϱϱZ/'Zt^dZ͕ Ez͘

ϭ͘

͘ϬϰϬΗϯΗW>hD/EhD,EE>>K'K EZdhZE^ͲW/Ed

Ϯ͘

ϯͬϭϲΗd,<͘Zz>/&

ϯ͘

ϭΗt,/ddZ/DW

ϰ͘

ϮΗWt/ZtzW/Ed^tϲϲϬϴ

ϱ͘

/EdZE>>z/>>hD/Edt/d,ϳϭϬϬ<t,/d >͘͘͘DKh>^

^ĐĂůĞ͗

ϲ͘

,EE>>K'KͲ&>h^,DKhEddKt/ZtzͲ

ϳ͘

t/Ztz&>h^,DKhEddKt>>

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘

EE/'hE͘͘ ϯΖͲϬПШЖΗK͘͘t͘

ϭ



Ϯ



ϰСШМΗ

ϭΖͲϬΗ

ϯΖͲϬΗK͘͘,͘

ϯΗ

ϯ ϰ

ϮΗ

ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd

ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ

&

ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

K>KZ^͗

ϲ ϳ ϰ ϯϲΗ͟͞>K'KͲt,/d ϵ͘ϭϮ^Y&d



W/EdͲt,/d



ηϳϯϮϴt,/dZz>/

&

W/EdͲdKDd,t>>^tϲϲϬϴ

Es/t

^>͗ϭΗсϭΖ

dzW/>>sd/KEͲzs/t

^/Dh>dE/',ds/t

^,dϭϭ K&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

y/^d/E'

^EKd ^ĐĂůĞ͗

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ

ϭ

ϯ

Ϯ

Ϯ

ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

ϯ

ϭ ϲΗyϯϲΗdDͬE/',dZKW/>>hD/Ed^/'EͲK<^/^ Ϯ ;ϮͿϲΗyϯϰΗKWEͬ>K^>E/E/dKZ^/'E^ͲK<^/^ ϯ ;ϮͿϱΗyϯϲΗ>ZEWE>^ͲK<^/^

^,dϭϮ K&ϮϬ

ϬϰϯϬϴϯϯƌϯ EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘ ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd ^ĐĂůĞ͗

y/^d/E'

y/^d/E'

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘ ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

ϭ ϮϰΗyϮϰΗͬ&/Zd/KE>^/'EͲZDKsKE>z

ϰ ϮϰΗyϮϰΗͬ&/Zd/KE>^/'EͲZDKsKE>z

^,dϭϯ K&ϮϬ

ͬ&EKEͲ/>>hD/Ed /Zd/KE> ^/'E&D/>z

ϮΖͲϲΗ ϮЪΗ

ϮΖͲϬΗ

ϮЪΗ

ЪΗ

ϭΖͲϵΗ

ЪΗ





ϮΗ ͟͞

ϰПШЖΗ ϮΗ ͟͞

ϲ ϭ

ϯ

ϯΖͲϬΗ

ϮΗ ͞>͟

ϭΖͲϬΗ

ϭΖͲϲΗ

ϲΗ

ϯ

ϲ



EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘

η

^Z/Wd/KE͗

ϭ͘

,Z>^dKE/Eh^dZ/^^Z/^ϯϮϱydZh >hD/EhD&ZD^Θ^hWWKZd^Ͳ &ZDdKϯϮϱ&>h^,&ǁͬZs>

Ϯ͘

^hWWKZd^dKϯϮϱ^dEZ;ZdE'>ͿͲ

ϯ͘

&>d>hD/EhD&^

ϰ͘

^d/EdtK΀Ϯ΁KEZdW/Z&KhEd/KE^

ϱ͘

&ZD͕&^Θ^hWWKZd^W/Ed

ZϭͲ>͗ϭϮͬϬϴͬϮϱͲZĞǀŝƐĞĚ ^ŝŐŶϭ͖ĚĚĞĚ/ŶƚϭΘsϭƚŽ ƐĐŽƉĞŽĨǁŽƌŬ͘

ϲ͘

>K'Kͬ'ZW,/^ͬ>/E^dKKWYhs/Ez>

ZϮ:DϰͬϮϭͬϮϲ͗Zs/^^/'E ϮEϯ

K>KZ^͗

ZϯZ&&Ϭϲ͘ϬϮ͘Ϯϲ

ϲ

Ϯ

ϬϰϯϬϴϯϯƌϯ



t,/dKWYhs/Ez>

W/EdͲWD^ϯϱϭϳĐWW>Z

ϭϮ͘Ϭϭ͘Ϯϱ DZhZz Z&&

^EKd ^ĐĂůĞ͗

KWWK^/d&

Ϯ dͬdDͬ>ŽďďLJ/Zd/KE> ϯ^Y&d '&EͲ/ZͲyͲ>Ͳsz>ͲE/>ͲϬϬϭϴdžϬϬϮϰͲϬϬϬϱ ^>͗ϭ͗ϴ Et^/'EdK/E^d>>yd>zϵϬ'Z^WZWE/h>Z dK^dZd

^,dϭϰ K&ϮϬ

ͬ&EKEͲ/>>hD/Ed /Zd/KE> ^/'E&D/>z

ϮЪΗ

ϮΖͲϬΗ

ϮЪΗ

ЪΗ

ϭΖͲϵΗ

ЪΗ

ϮΗ ͟͞

ϲ



ϮΗ ͟͞

ϰПШЖΗ

Ϯ

ϭ

EE/'hE͘͘ ϭϭϱϱZ/'Zt^dZ͕ Ez͘

η

^Z/Wd/KE͗

ϭ͘

,Z>^dKE/Eh^dZ/^^Z/^ϯϮϱydZh >hD/EhD&ZD^Θ^hWWKZd^Ͳ &ZDdKϯϮϱ&>h^,&ǁͬZs>

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