EFTA00606146.pdf

<Page 1 of 1) `00084604124030ta070000306190000000' A REGIONS PROMISSORY NOTE • — -9siodital • WafrQato. , "fdttNtit9, • ItS&IIII I. ."..r,ta:' ! .: • . MaAS* .L$200.000.00. ,08:09,2010 ' 08-00-2013a Tr-, '' ' • • II. Re'? enres in the tined on me for Laden use entier end do not bit the applicatdity of this acumea to wry panne tean or item. Any Item nowt centeln'ne «« Me bean caned Onto tea burner tilalbue. Borrower: STEVEN ALEXANDER ISST& Psincipal Amount $200,000.00 Date of Note: August 9, 2010 PRMISE TO PAY. STEVEN ALEXANDER Fttetrater) preedesi b pry to REC:OV0 RAW< (Lender), er eider. In lend Matey of Me Untied Matra of Amnon the panne nowt of Two Nena Thotand & CC/10e Calms ($3310,000.00) a ett much se may Ise otestinan. topotter WV'. Interest on the bnbild Gouts NON, pined beams of sen advance. Interest shell b ~Ind from the date cif each nano* min re urata of an unman. PAYMENT. Sortotter fay fix bov t) far 'mnuanlely opal Leorlyn dunand. t no &sand it mom. Bonnier eel pay oils loan In one payment el all Guinn na ennui in el saran 'maid Intenst on Puma IL 2013. In Hann. Bonavr alt pay nine manly pane of to accrued unpaid Went due es of ma payment nun bairn% Sepiraber 9. 2010. with all atoseqbezitIntonnt ppnants to be dus on the sane day d each month Mar dut. Unto:: cob crane o reed or requIred by anten Paw, IblYmenel bill be MOW le annnla due under trit tan In each eau' as Lands, may animate in Leah?. ed. Memnon. Lender reserves On Mat to way parerenu to aUnman notadnees and ohligatortn in am,' ern that Lender ray numb. in Its sole anent and tender may change the reenceragy for the applknim of payment* at anytime ~tut nano to Borrower. Borrower Mg pay lean at Lenders Sam Sw*ti above or nt other pleat a Lane may donate b wain, fJ VARIABLE iNTERFST RATE. TM Mtnnatt ran on tin Rosa is tuna lc Mango Ø Into to limo arced en Mangos Pi an it« Witch Is la al Yam, Rao of Molina Ma 'Near). Tim Pdex is not ntoesserey the lowest no merged by 1Ør en ide bent end hed by treer :n M1r sandemetico. If the budcc Morn manna &Angina lens et this an. tsar may deskynots a ~Me index after noefylng Bonner. C tern- wla tel Drawer the =TIM Index rats upon Rorrenne request The blerett rote -cam will net incur mete often Pan each Itonvbcr unnaterde that Lander may make Pens based en one ran a wet The Index tamely le 3.260% I r imam Interest on on. ar unpok prIrmon bonco et this Non will be conten es deserted haw `INTEREST CALCULATION I.M.THOW holograph min • rate cf 2.750 Nucmose råreb over the 'nett «rand If rootatry fa any airimum end ~Mtn nita Im"acions danonbed benr. rentlrm in al [nth.: taw of 6.60C% per annum batmen a yen of 360 dn. NOTICE: Under no demiroes ail the nano no of intent on We Note 0 be lam :ban 4.750% par coon or mow then he maxinten relearned cy applcan 0 INTEREST CALCULATION METHOD. :Mtn: en 1141 Note N carman en a 365/303 nob.; that it, by applying the rep of the balrat rate «cyan« of 360 days, cr.09±bbecl by tir cularanig macHnt balance, mantled by the actual nuner of days Ore Mean Lena is eutstading. All Intent payatt's area Mis Nina ts tampon vain; in method. PREPAYMENT. InTowor ones that at loan lam and oily mend !mace chafe, en) earned fay us of Ow Oste el the bas nand net be mein to mare upon may Amnia Winn voLtitery or as a ran of dean). eص as OthavAr.o taffeta by kw. LX;µ har Eve kroponm. Barone may my nand penny a 0," • peen of in ran owed «rib ewe. It Is b.:43. Earn payments will not urn, man b by Lends' In vmen, reravn Bueagt of Carmen argellon to oaten to nuke payments of maned treald interest. Ran,, tun wren wit Mena the atonal bona due. Grow nee: not to send Liner paynnts marked paid in fulF, 'Went re o: YNIr langune. If Bontnrof so-do bJcii a parr sit Lan may accept It inns , lag any of lender's rEhte in« Eno Nola. and Ronoww SI train oalsole0 to pay any nalia amnia ono to Leta. M went corrausernans concarraig deptitad annets, Inning any check aØ payment Ireeterna that bicti es that the myna canton bental in fur d the row') owed or that b band wah arder canton a Ina« or ma furl unlyndon of a disputed amount nbiat e• mathav or allyend to: RitgbalDin P.O. Sax 2224 Onnlitiphark AL 33246. LATE CHARGE. If a pooytwx b ID ewe ce man NNE Bennet will be chewed 5000% of the unpaid wake of the manly schodad payment or 610.00, whIclrwr le gnaw. INTEREST AFTER DEFAULT. Upon drain Meng tare to bey non Inal ^Math'. Use Intern late al ads Note anen ae Manned by adding tel angora 2.000 parentage point margin roolost so. user). Teo :urea Rao MagIn nil no ern to ben ~rang Mane Mt* Mans etet man have applied tad Mete beet no ant However, at no went nil me :memo rate OXObl[ chub rabtlnian Inteneet role Tathelan order spetcan OEFAULY. Lett d line Mang Met canna an event of dehun (Tun of ~gun under Mk Na Patent Dona Borrower Me to min ry pond Mon tea ton et Note. Oiler ~tuns. Borroer fate to amply Mth a to bean any t terrn, obidedon, connect =dam contitned h dale Note a b mavt aa relareel doosnents cc to compty %valor to pirfOrM sty tern Otigalin Wean a connect toreetned in any Wm antGerman( Lender and Borrow Default le Pater of Sled Panes. Bayonet or ay Ginn deans an: any ban extension of creel, warty encement, perches* a Ong a my other eØent. b (svor of sey other ores or non that may astutely enact any of teranch popny er Cilar to repay trts Note a prone Barman Obligation under en Net. or Sy Mtn elated dcarnents. rehe ellebeeeeles An/ winnty, reprementranen a stedenes mode a lunand to Loner by Rama a on Inktmen Min awn UM and Maxi dommers is tan a Mbleebib) In Illy Inelabal reepoci, either now or åt Ms Lime mode a ~toe et Moan fen "near andelseng et any Mae Moment Death or letscitvernm. The Onith of Sonnet or VA ~be a seeneden of flormwere Sulu as • going tetots, the Menency a' Borrow, to appontmaa donna (or Sly pal d eatowses mossy. Si! rispurs for the bomfe o' =Tan art type of ordtot workout. or Me conirencenbat of any procastm order any benkruPtel a hedneglams by er ugesav Bern~. nailer et Forfeiture Procesdingo Commencement of fastiegure or forfeiture promaangs, none by koldal ancedbik self-help, rentleasion a any after method. by any crate of Borrow or ty any governmental aggro, egehi any sown semi% Ito loon. lFne Incitideo a onnanent of any of Somme) accents. instep depest neounin, wen Ledar. Hamer, eis Event of Default WWI M. *XV if them Isa good rtsrth nano by Bonn, as to the balker/ a resturo tows or Me Clan taint is OW toils of the creams et fortenre aotteeceng mod If Borrower gives Lender mitten notice of the 2Øa farrtaure proceeding end deans with Lander manias er a surety bond for the aeon or forfeltur• proment bul en *noon cliberadned by Under, al bebitliOn, as bang a, adatunt nano or bid for Si. Moen& Evan Affecting Garntø. Any of be peony avers omen 'An town to any poremor. oedema. way, a annemeodaton of any of te Madman or any Water. enticacc. steel, a ~manna party dies a bmema Incorepetent. a non: cc cremates the vanity a', orInlay moor, guranty a 5,0 libbabiednins badenettl by Hs NM* Mene Chaps. A materiel adverse Came wen b Boriewen anedal co-Sidon. of Lender bones the p-ospna of payment a performanCe of Ns Note is Intani. Inteourity Larder In good MCI bonae lied: inane* LENDER'S RIGHTS. CAM dent: Lerner may decb,e Use entre union Omni tiara Wm eds liens OK all parerpi unpaid interest enmectately dire, an] tan 8,11,O04W will pay tat 01~1. ATTORNEYS' FEES; EXPENSES. Lender may Me a pay crane dell to la ~GI this We if Papawdasrd fey- Lenny VI. rooms c' Mesa Costs end menses, edaminnate linnet to any ens Inn applicable law, n aermwe " ly ellorren fen end Laden !eQe- expenses whether a not there b a intuit annw nammatie atteeneys' fen and legal women for bignkn.91.0, ISOCIWAfrOti fr eanIV Mors to morn' a vane any autonnic slay or ~Glen), ad appears. If rot prtabiled by enicabia law, Botraver EFTA00606146 (Page 2 of 3) PROMISSORY NOTE Lon NO (Continued) Page 2 afro via poy eny Ø combattre tonne« tante latoredbibta JURY W•PIER. Lente de Bornante acetey rive the ret to dry puy Md In ma rider proceeer or counlcur CRIN by Car MM« or Ravtreer rebat et, ente. GOVERMNG LAW. MO retta to lem st (n dalred by Cal te) ses Nota x10 be marne Ly Cent lev ereede to Lenda and, to ese sent ne Preered !y feus) lere, Ne laves el the Star el Alabama without retard to na contacts of laves provtdera. ln a Cr reopme, lena Notre tal0 b garsered by fcdeN law erre* to tender and, to the ment ne crame by ferra ter, the lem of Na Subi of Flore ettrut reput ta Irt Cie* of tee pro-Mons. The for trentacUon rat b addenda by ettr Note he ber append, cula end funde end d nocury ben dameras heve ben cered by tender h ro Suto of Alabru. RIOM OC Siret To Urt erre camer by Cade law. Ledit repaves e del of tertaf hel Bentela foodorod ofiUt Lena Falster ottertgrel. Cie. a 404”) Ød resers). TM Indore ai occaerts Broc boer NtrittY wAb Cerne co and la storords libmwer 10W °entame. feue. Noweraw, tee ros rat heurt tery IRA ce Kregh roc. Cf My MM tacets for atlas tette merl ba orchlrted by tsw. Beerower CCN Lendee, to the Ment pendue by repedo lev, to chan» Of tetur fa leu ovdog n ro Indebtrams raire eny and ai pet secouas, ord, al Lier* oroo. to ottedsvenly ace e1 w® accoure to dove Cab probe Landes carre end seaft dess marie h Ude ponter. CARICHMEh7. Borienwe Cane-kt to te horante ci • Cran vall Of Cruriernect or «achar% rait Barreurs cisposable Maine% ln acoordanoa var Scier, 22211, Flate Statuer h ad« t0 sorten, In Mole or h pst eny roc lurent talasse h bar of Lender. UNE OF CRE017. Ut Nor mecs • terteg Gas 01 al«. Advares rider MIS NOM, es wel es direere for renent Iran BOROlurs sorte* rney be ordre ores or In elting ty Fermi ce by en arrime con. tore nrty, ben me Oct. nette Viet ei roa ces b• cordaned h mire licemwer rem lo be fore formate* eleer: (A) edvanced In accorder. eth the Mecs den authonzed Ø Or (3) Cretted b eny of Berevers accourt, We Lema. The tered COU Vinna enflor On no OC al ont de» may bo cab coaxl by embrecenere on elva Na* or by Leeds Inend corda Iodure dey cocote reertoute. Leader el nove no arion to trame funds tore thls Note If: (A) Mec« or ecry guraotor s In OMM rider ens germa of dis Nor ce my rament Mût Boetats of cosy garant« MS %el Lartet bdu0bg and Cament Iseo In .tsaroson veet the dartre or et Noie: (Is) lOcettevor or any sucrer rem MM race a b redent (C) any germer arr. dera or oeuvre stores to thart, modey of notko sud, maneneet redan of ela freo or erg Cor ban tee Leder: (0) Boomer Ira appied ånde peelded portent to Ut Nom fa: reposes eder ;Mn rose ettonad by Leader: or (E) land« b peed film baient tete« rotsetta. entleAT AND FUS. No citer who a» may Co ce In ey orer chrono( (Ne Note oe In bey orer doctement Barca nuit have arth tonde. Brealit don not cire or loen to PM. and Unir dots not nes or rend to charge myrtes: a tee for tha loin Mir woued h ▪ woy carte tender to caca lot, endente collas rom for e• ban Mn eus murant bande would De porbed b chatte or taled by appreablo !edam' or etato km My auch tacs CC er uneuroind fr te arrise Oral to astuce ta uned ploc/pal bec ot te andesten be pince/ Ms ber rab lo te. te retord Boawen OVERSE COSTS. ln edam to the cri and aspemoe Denenter Ga amer to Me tare NO 'flomsyt' Fer: Expertes' sodas of Ma Note,Beele aue pay el .roe ad esses baart0 by Lender sbire out of ce Terra to eny deps ce action, Loger Won to «Cd my insuccesed dent skigoden, reerady or runterdeiro Mec« rnay anal orteil Lartet Sur cons end tapeur ohm Wiudc, etheut limitaran. etteeneme 'on me mats. SUSPIMOUS ACTIVITY. Borner agites rot Binantna *ahuri mimer Mot mn perte leader to reareely bec nut Botta NO enredln. Or mu Dace rends to ar my autouran .findyas derded b contemdete oncle Un Out Cterecy Act. re USA Poolat Act, or any Car Wear of retrted taw..nother now or Cariez In Ci. or Cr sea' rereetka Land fumer to atm. Sue lev, rut«. Ciorroow oces the If Ocerovees na me (alue:Caen Cree) apposa merl of aspects Cd to Mandel Merder by te Ø r rende Assola Cont. de Motels, Crees Leerceensei Crier te redora Renon Boer or any cher oareamsectie tory a rency, ton 000mer tel be corleshey prraWkd taie tete ln OUM& Nal %Und øu10 lallar bec Mat Brotroen has enced Ioda la Horion bonds tet arrape hl. amers eaMty. ANN VAL REVXW. Somme ceee. Uw: Once tel rodde Leader adent arral Marri etement e new dei apprem, ce ber. toreatly, on kerns deddet by tende. Baud tison ES Womution Leda vei CM en rosat Ca of Seilosen Gre6t Lbe AO:Oret Peertiver Ø feues lendit me atten cor recels on *nome el ore gra, id Lardera etan open end cc ta s' y resecn.bcheon bd not trier to Cendres it eJler eue tas ter sn adverse change In Bernera Mandat ordre. Bcdower eirdiee tende tO meise inkerneica &LOO Redore to Mrd pares as eevorooto h roba cemszy policy ara tenders Far Geilt Rtneertm Art no*. ;tome Boaen el I cl apt out of te orfraie Ø. ce es perce by tau. Bateler e cor idoine dure In &TM» Maia eceddno (Loch n tendue:a cf andortnan ales of korne) tender rota amer Baron= Gentile. tomoseam. STATOIENTS. Boirons nreos to ormeo Lade velt sue Mendel erteerante and <Cm reeed Intorrnsion ot rd. Inquendes C In rab demt es teller m'y reaseadej rouer ANIMAL FEL iN Bartau coron to psy en cal nonedandste chair In the tard of $1,000.00 for ntsbieJn; end tron Whig die tact The Landes MU nom oies owoo or000ny on or atout ete Onnheeniary date of fi s ente, AUTO DOIT PROMSert. osomouse mare anse pesa sa se bres erteneyseced Ja006)143 orntweactrtare Borrowe autherta Leader IO Masos mies to Borrowera rectleg Or MC e0beratt et ese fronde hetsen tookoneo *t'o.. for Mo PaPOse d trenp Barren Rober loto parocen. Bedon« ao Chorizos the enanda! Malebo to wedenve test ertnents hem oocre accort. Bonnot acknoecedoes este rra atearbrott may te realled et any Gor by orovieeo varan noce d revocadon to noe aØ tendes sel die Mandel Inetition terra* oPfatunitY bed Uden Leader In sud, lure roi temd at OCetWet uceterWeds thaurnmeroden. artheteterms ot rat ban. Otorrowees pomelo my ruange ken Carne, Laser Ir en to raya MO *ce el the dept to Bec*. Mertna ce sevres cotant (donc martres Mat Lade vif rodde plot rotco os Me new panard cent le Bernois to the ertent redue! under crible lave. tf mie fun die law truies ter nese ramette rame. Dan0var emeas Mat noies >CM mesuantto one Law ert conrcluse ner ln Mrtattenct meut:an. SUCCESSOR mutais. no toms a Ut Note de te Øk' open Oono.ver. ard œ Barca ber. porc; re xeseerthes. exceasent endentera. •M Mal bute lo the benet ot WC end* successces ond 'sert. GENERAL PROMIONS. 71* Note b cd* cm de and. Tho Codon of spectre Oesel cetera or delta of Lee« the na perd* landes light lo «Ore priment of Ode Nor Mite dreond s' y pol or ada es» cartel be eafaca0. Mis lad vAl ne affect dos eut of ilte Nam Leader arty delay or fera recru anyalita CM ce ecce torr er Note Chott Retro rem. *noms and any ett pers. ose dges• romentees or reines thls Note, to eo aient erwe ty 10w. vie* pameemsel. Mienne fil sayment, rd mica of erre. Upon Bey Copie b et toron of INs Nom, os tolus otheNcto coproody ettad InMing, ma party yte syns ose Nec& Witt« ad rund. enflera. acortvoradon mate ce cabrer, one be roterted tom Fabry. All Øn carre ree Mal tender tory romar or extend (fOPOineety BM fer ter Irae of bror) dio Øl d rem* enry play« cran« ce cogner:et or trope, foi to noie tØ Of Orbe Letneaa modo Cree In the crame: ark teke any <Mer cceen th, nul carry by Lenda Miro the consent of ce orbe to none M ver parttee oogre Mat Lender cyme:y tes ken Cout ths cette/ d nec* Io cane Ør thon part,' aie Morte ro rreatifaitiOn le mea. The Cire; undeNi Note are end Perd %vend EFTA00606147 (Page 3 of 3) PROMISSORY NOTE Loan No: (Continued) Pogo 3 PRIOR TO S1GHH3 TITS DOTE. EICRROYigt READ AND UNDERSTOOD ALL THE PROVISIONS Of THIS NOTE, INCLUDLNG THE %%HARI F INTEREST RATE PROVISIONS. BORROWER AGREES TO THE TERMS OP THE NOTE. BORROWER ACIMINLEDGES RECUT OF A COMPLETED COPY Of THE PROMISSORY NOTE. C 0 0 ro I`J Ca 0 0 0 EFTA00606148 (Page 1 of 5) TOCITOO ?z400-cc nAvairOODOPC oD730030' 11 S REGIONS COMMERCIAL SECURITY AGREEMENT plat tali Date Marits Blink/Apo .$3P00 rinci00:00 130-49-S16 08-o9-201§ ,0:2400. SAS "•and do rat Ma to apacobeny of era Reektormes in the shaded area we for lenders use only ACCOUtlf to rayparSf's'nr • f o• Offi limn nom comallog "" has ban wand doe to ltd lamp, arnit. r one. Grantor: STEVEN ALEXANDER LIMOS THIS COMMERCIAL SECURITY AORDEMENT tied Anse 0, 2010, k mule end nomad linkmen SILVER ALEXANDER ("Gutter) and REGIONS BANK ('Laine). GRANT Of SECURITY INTEREST. For valtahlo corsithcarion, Grantor wants to Lender a weak Mani In the Pager& to secure Oro Indebadons and area that Lander nal ham the Vita stated k dale Agrannant will moan to the Canton In ealtioa to all other rights which Cooler may nye by law. COLLATERAL DESCRIPTION. The word Volbloogr a used la tie Agrearisr• man rho kikooffna dearand proinottfi wheth er now Owned or hamlet astarod. whether now codarg or Incteans Man and wherever tocated, N whoa Grantor k gong to Connecta:telly irnrott for Me peyment a the trideblednees and performance or el other obloacen under tie hole end this Ararat Al lavatory, Accounts, Ettalomert, Gamma annybess and Infant In adalon. me Word 'Cataloger alto holudes MI the foloonsi, whether now owned a hereafter anquIrad. Whether now conks or hereafter tasks end Stover located: (A) Al accontom, waeirnants, accesscria, ban parts, twain repaceneorta ran) sd5kins to arty tithe collaieral dowted brain, whether saran now a Wet .C4) (S) AR siodth-th aid crodsa of icy of to property datatbed in this Collo:eta team 0 (C) All etwouria, gonna evanables. Inalrugnows, rows, make, payment, and ell fan rights arising Oa aurae, Mae. aneknowthf 0 OthOr &pan len of oily a the propsny sioacrisecl In Ns Cdlatored soaks N (0) Al CrOOnde (trIctikroa Insurrince mode) ken the salt dosenction.bas, cr other Geonaton C4 any or es crawly &worked in Pie Castora section, end was We Iran a WS party who has damaged or deetroyed the Catalan or tan Rat perbre Nwrw, weeder due U peregmant, sadoment or other proms. 0 (F) AP nerds and data reining to any of M mown deacelbed h Las Calleateel nam e wow Is the form of • within, photograph, nicroWn. trintrods, or ciestroac main logalka metal of Grnia. right a and Serest In ad to all =nay tafeavar• leeitked to U[620. anal% manten and process any sech records or data cn eloobade media. CROSSCOLIATERAUZATOON. N adrrics to eke Nan INS harearnont nos& dl obligators. debts and hatiftiow rain Imoratt thereon. of Grata to Loathe. or any era r mom of than ss welt a all dams by Lender emaiat Grantor or any ore or mire a than, whether now solaria cr herosithr airing, whether rested a moaned to the canon of the Note, theta oenology at otherwise. nigher due or not &a. &Lot or Inc 6..turrnm,fl O' tAdokartned. aback*, a ConfrOO14. Ikflkate4 of uotinidand. %Marna' Crania may to Ilato inallaleally or fain& Mill nthsm. nhothlf obItTalt'a as Dommliol. Way. aatersnodelon pater or anemias end Witter recovely Won nth wrovr.ts may be or finale; may tscome banal by ay Zane of ImItaitens. and seethe Me ctEmsfion to repay ends ISMOIrila may b0 a hereafter may Soar.> oihrtvInn uranIcrfaabla. RIGHT OF SETOFF. To Iv want Gormand by 8plideable Law. Lauder reserves a right of send in al Grsacns scow= with Londe (whether cherrnien :ninon, a on other .Pont). ibtp Irsludes ii oceconto Grantee notch kWh' with salleomi efise awl a •Foonto Stamm may Won in the Gars. Noweimr. tie dote not Ca, any RA or Kunli amounts, or wry thrst accounts for which *OM would to VOT.Oltaa by kaw. Graz aulhones Lender. to the extort pcarahed by armlisabio Ito, to charge a zeal all was own° on no Indobtoth= sated any and a ouch accosts. and. at Lender. cone to attfallnhrlralmosy Learn oll mixt sona.nts to Saw bonder to peva** tordoro roans and tuner rights provkled in On paragraph. GRANTOR'S REPRESENTATIONS ANO WARRANTIES WITH RESPECT TO MC COLLATERAL With respect to thy Colnerol. Grantor geornaile and premises to Le na that: Porker., of &loudly Inlereft Granter fl ees 10 take ivf blame ackno are requested by bonder to perfect and coniThtin othaal eiscalif Inagovl lo the Collateral Ilan /await of Lenin, Grantor ten darer to La-dOr Dry end ak of no domino's:a cadoxin a r cora:WIN the Calera% end Grantor wit note loolork interest Nth any old al disCS ppec and Iskranerts If not dothared to Lender fa peniataal by Lender This Is a cenUntag Stonily Agrotroint sad will mann in effect awn &inn sC or any pod of the ineleblodrens Is pant la kit an one though fora period *film. Grantor may not be bitted to lender. Nona. to Leak:, Granka wit privy notify Uncial. II wiling at Linda's edam sham atom (orouth Wier Dairen as under cry dealonnie from acne so Ono) prior to Any (1) songs la Grorera memo: (2) catala N Orentak nroomild &Moses nsine(.): (3) Oungo In the thessorlyad algnakk (4) (tyro N Offinkris pawns' once &teat (6) alatera N Grantors Pandat reatlemat colotwan a Saner to • now or Chou. 1790 a turnord ani n or m thando h sty akar sued of GreMor that antsy or hares& Sates to any ogroomonts banns Grantor and Liar. No thane In Onentok name or plocipm roe dare NH take ailed until alter lands rse receMed notice. So Weleion. The encesution end envogy of this Agreement w not Santo any law or wanner* gowning Omni: or to anal Crania is a Park. Eakicartaly of Coaster& To the extant to Coltman and& of oczamtc, chase pent. or oars& inionattee, on defined by Us Lindens Coniincocial Code. In OtEnterti Is cayman In mordant with b tarn. b worn. end lully cow-plies wIth al gapplishle tows innallons talc/SIN *IR. &Neff andwarn a and eXandrel and I rend awning to be cannel on the have aullialy end copeck to =tract and an In fed obllaided as they farm ID be on the Golan At Ina Ira Orr/ (*OMNI, tees' becomes ;Paw toe nasty nal InaYw/ of Larder. Ow Nonni that be a good an veld asonya neramentog an totalptikld, inictethrs o f by the accost dear, teerchancts by to deWery instuaram Or PinsairaNY BINDS a &than nansuarit ton:aquas of oats or fce aankee onion:My performed by Orator whit or kr Pre account *Ma Cr Es long as da• Hainan' atans t aka, GraMor shell nee Without Lenderc prior triton cement COR:02M1a. ro-trd yo SOON. ann. Wald Parnant Urger Of bee n to tny =oh Accounts. Thera slid be no wolfs Or rowntorCalms any Colknrel ended Nirvana% OM halo Grave a una v.11"al orgy doduriona et dkocants nay is dans! conecnIng Colatenel except liCitie Solaced to Lenny In swing. Lenalioa of the Cohen. EneaN Ole ordinary Worse of Crania % busitsta, Exacta icrees to keep the Caalecal (or to the extent the Co1aterH canna of Marble poison. such os flora-Mt of ploaret htangthers, the records conaming the CAN.* at Grantors aches shown above or at pail ant locations as one acceptable to Lends'. Upon lAnner's rec,4+00. Grantee will dawn to Lank, In dams sassfadcry 10 Lender a 'chunk of mai nein anti Coined tendons relating to Giankr's catranns, nanny without WAN= ea fawning (1) ea reel property Orator ass or ts parnaeng (2) et met maw, / twiner b ranting or Inland Pi all ROMP fricillks• Gray owns, rents. basin, a nag and (4) a ant: noperles snore Coldora n or way ha Matte. Removal of the Calgary). Eaript In the ordinary warn of Grenlo's Ourcan Inc:to:Wm the Mks of InverCay, Grantor shall not remove ii., Gcloarisi Dom Its existing Wooden nava Landers prior written consent. TO the extant that leo Collateral moans of verados. or other Oiled property. Grantor sho3 not lake or arra any Niken which woad ram& critalcasa tor ordinates a tide fee the votsdec outdo rte Stone of Rondo. without Landes prior written castor Grantor %hat wile/levee retmeitel. advise Lend., of The exact locaCco of the Casteral TranCaCtiOne Involving Cameral. Except lee Irreankey sok or octants painted in the orcnory course of @Vital blianste. Cr an EFTA00606149 (Page 2 of 5) COMMERCIAL SECURITY AGREEMENT Loan No (Continued) Pape 2 othenotso pronlood lot In et Agreement Gaeta shal not tel. aren to up a othersta triode/ CO dopan of tho Coeateral. terse Granby is not h start under Ws Agreement Gant« may es inventory. but only In the ordinary cars* of Its babas sed only to buyers who quaky »obeyer In the cediwy come of Mikes. Auk tri the ordestry cane ol Groat balness does not Intlude a frantSer paned a total tadataceon of • dal a say tolk stat Mona Moll not fithigor ratak», missile< et eihstoo Promo the Ecargrall lo stbka to ensy Ilk; sally Illaest acumbanOti. ar dvs e, car than the security Interco prodded for In Ws Agreement kvIthein the prior written consent of Lender. Ph Masks teary interests even If luder In Mehl to the »turn Inteo“ti vanial altar Nora Agreornat delats head by Lender. as mamas km any ~don a the Cotskol ((cereals« rake) cal be held In trust foe Latter as elda not re conwittled phtt any other fatlis: preaded hoaxet Ut raldralon% oaf rot ~Ado consent by haler to any ea «Oho aposidon. Upon roe. Grotto shallLoseedisitly derisory suds POCell lo tender. Ufa. Grata reprersents and manta lo Len» tot Greta hdda good end marketable Ma lo the ~I, free and Cleat el al ked and onomemeran swept fa the as of PO Aofeetnent tio forndop etaternere ~Mg icy of Pe Careful ha% h any poetic office else, than Pea when read the *Dowry least created by this Agreement or to %filch Lada has tortakoh atlanted. Menke Wag defend Legal fighta h are Catoral oast Vie dales end dolmas of a other persons. Neat* and Oak nose Grantor WON 10 koha end maintain. all to eta chars to ketp and maliteln. the Cater/ In pal car. repair and molnån M al Ian sale Ws Agreement realm in oast Cantor haw roan to Priam Oa at clam for work deer on, et demon rendered or tuaterlal hashed le °Masan salt the CO.Stteral CO that no den or encumbence may ever attach to or be rted rig till the Camera Inspection of Carta& Lade, Ond Lender's ~OW relicr-tniativos Pad agoras dal have dart« of al niaiCati)0L-24): to erisn‘lo and Inspect the Codaral ~tom boated. Tama, AS«~tot. ad Us. Gina sal pay when due al taX01. nanbrie01.1ed bens upon the Camera Its we or operaten, egon this ArtseffittN, pan ny radar:4'y note a noon firttancire the Indelstanoss. or upon any a the other Related Documents. Grocer mry withhold sty sum porsan or stay cast to toast any es If Clamor is In good fat* conduary an opartak promote to comsat Um oblation to poY sed so tong as tetsars lotar62 h the CsEakral is not le0Pardkod In Genelds *ale cVnlan. lite C.4E:Kea la eutietled 10 s fen vetch Is not dischsrad athin Pam (15) days, Granis that data via Lent. Mai. e tlt2Clent Corporate aunty tow « cuter scatty eadtraaoty to tenter In an amount Meows to proKee foe the eatene of the fed phi any Intent oak. rumorratik attoneysifets a Oar cargos that could Mat» mere:WI of foreckeore a salt of Ma Caastral. In any matest Gram sal dead Itte end Lender and sag tasty say frtal ass. fudgmers best enforeermxn sutra the Cczateml. Cantor Man name taxi in en 'kaput °Mica via any witty bond hashed In the contest prowteem. Gant« tauter assets to fungsh under with Oskar") Mt MWh tara exementa, e d ger esMad and other cap= hava been pad la fena all bl a amoly manna. Graeae ea/ uthisold any sties pay ant a may sled to contest any On If Granter k In wed at corduchry an *percolate ~fa lo antes, the elbot On to pay and so keg as Leave tarok h Um Cameral Is AM footrace/. Maas nos wry ramierremeetrt Retizemenu. Garda anal comfy promptly with ore has Cedirtinen. Met and regutistens of ab gonnonoital atehoriteli now Of hallaga In effect aciestee to the oeneriNp, production. deposition or see of vie Marearg Molar° a lava a regartrary raising to the undue eroseen of agthaeatle fad or reiatlng to the converstn of wetlands fa the ~can of en orkutortil product or commodity. Groner may contest h good (Mn ow such law, cedhonco a esgWaeasand sechiad ~piano> Paint soy proceeding. Inardng oppropetak apart; so song as Lenore Intent here Catsne.In Leaden wink" le not feoparecta. ~Sous Substances. Gregor represents and vantarts that the Cottaterat newt has tea. ed new wed be so arc es this AG:Cement realm a am on the Calateal, used In edam of any Erneronnontal Lees or for the prnoridon, mauled:ups, swages amoortaton. treatment Mapes* release a threatened mane of may Herrehus Substsnce. The far WentadOnS and woman contained aren are hood at Grantors due drapeoto tn Invesdcattred the Coryteest for flonerfcas Suaranoors. Make baby (I) rektat> all salvos all Mute drys against tender fa Indemnity or Croltdt.i.dOrt In he reeM Canto tans Cablis Me detain a ocher costa undo. ivy Emecnroental Laws, tad (2) sprees to Indemnify. aka. and Odd ~Ps Lena MOWN say *NI all Was all Iona reauffing Irons a beach of this preasion of this Agreement This capital to Ireorerty and defend that tenta ger MOW* of the trvichledoorro ed the aatiafeetal of ta Asteernent Stairrenvcce of Cowry Marmot GetelOr OS prase and insistaln at Isla Insurance Indiana what Endatan ha, Mart ad Peaty enrage Maeda with such other larroace as Lender may may eilth recta to the Meoloni. In famk amount*. coma» and Iva roxonabh compete. to Lena ad blued hyena:Gay« ~es reasonably acceptable to Lender. Granter. scan request ol Loath eel eerier to Lender *00 time to (me the NOS* or cartifisauss ofInstance fn tarn satlefecory to Loam hdodnp ~Macs that coven:as Mn not be conceded or chråsktral without et Watt Way (30) days' Ma swam noes. lo lands( and not Indecent) any disdateer ce Go Inpaces Peaty for (Mute to Mee Ludt a iucdeo. East lesurence Kay Cm sad helode a ado:anent provung that coven; 'n Meer of Lender eel ner ba leskaddraod 'my MI la ad. °toner delsoft of Grantor cc any other meat fn connect:in eth an pactios weary oak In alch Lander aids a k canoe a arsoudry Inapt, Orator sell provide taller with Ouch has payable a Mar radasaents es Leask My Math tf MOW In any alle fat to obtain a mafroafn toy Inionnanondoed rats el:2 Arocernak Lender Inn (hut *MA nee tro Mead to) &Cain such frourance os War deems opmatate Ind tag Leda ha 01000•4 Vega Sweat insurance' arch al OW« enty Landers Wettest% me Conaterat Appeestion of karma Proceeds. Grantor sal promptly near Lender of say kiss or carnage to the Camera whetterOr not ea wsuatue a b weary by aurae*. Lava may wee neo of as If Groner fads to do so setryn Phan OM days of tho away. AU stoma of any Lastan m ere Ciatecrat Wear; «w ed ph:roods thereon. eta bo ned by tender es part et the Catairal. tab< octants to repair et retkeeneed of Me damaged tedettnneid OilOotatt.itodot wry tgm asteddy Pena of tommtliure. Day or amber» Grater from tho proceeds (to tho tondanable One 04 rear a rcatOrotion. lnenolor tima not content to mutt or tesitiscemat of Co Cask al Lada Snot retell • madont amount of tets proosedo to pay ad of tio InSetiteaness. and steel pay tho balance to Graeae Any proceeds %tact haw riot been atoned within skit (5) months are Ma resat and mash Granter as net minised to the rase or resocation °Mho Collateral Oki be wed lo grapey the irdotaxtrom Interact Rennes. Lena fay recto Grantor to mantas with torde awns for Nyman of trisuram pariahs, sirach reservea aha* be coati by monthly payments from Granar °beaten eitInated b/ Linda tO La ev/knnt to apluv. al least Moen My day, beta tho tartan due date. annuls el Stag Kai to Um Inseam pernitens to be pelt If Preen (15) days before Darnall> due. the man funds oro Inuffident. Grantee shall upon demand pay any !ardency to Lender. Tho ree.eiVe funds skal be held by Landet /a a general deposit ord abs pulsate a tworintoostaang account aids Lon*a may wary by apnea of the Swarm premiums mewed to be pad by GrerAor as they teearl Ore. Lender does not tad doe intone funds In WV for Grantor. sod Lender Is nail ger non of Dooms for apnea of Pe Parana prerams molted to be paid by Grantor. The response:Dry for tho perm« of ~yes OW roman G rumors sera unnerve...v. Inseam-A Reports Grantor, upon rams' of Lahr. elas frurrEsh to Lender rapats on each •tlang porky of Matron*, shako lush Information tor lada may romenatry request hording rue knootnc: (I) the Mena the Innili4 (2) the reda boxed, (3) Ma taxed of eso poesy, (4) la popery bassed: (5) the eon current vake on the bash of which bowsaw has teen dashed and the tams of delete/ere that vatic and (6) Ow eminden data of the paw. la addition. Grantor Man Open request by tender eltwoovor not mete often than 'noway) hem en lekepenSem repay rialkladory to Leder Swank p apglade, M ma van or robaramel. toes the Coektal. Plowing Steem•Ma. Grantor ovesstros tender to Las UOC Santa atotomant. or Ma allay. • copy of tar Agreement to portal Lendere mosey Interest. Al Lenders rarest. Granter addlaanaly sows to mph Lei cmer Wountents that are toonsary to perfect. prosts. enl cceednue Lenders soctury Interact In the Property. Grantor will pay tUirg fees, Me Usurer fees, all Otter fees and oaks Involved trans grotted by law or unless tondo b mated by law te Pry aural kite end con. Crow Irrevocably atlfointri lender to ovate arynents necessary to trasfer We If bare la a Mask Lender may fa • copy a MU Agreetent asa dunring statement If Orator Waives Grantees name or address. or gel nose or address of av parson granting • many "teat war this Agreement ;harem Cana ww pantry notify e50 terra elMat cheat GRANTOR'S RIGHT TO POSSESS/OM AND TO COLLECT ACCOUNTS. tail dotal ed wart as otheadso probtded teiOw vat, reaped to arteounts. Omar may have postman of Mt tangles ~tonal property end benalklal use of si the Dollars? and may one It In or/ awful manner not Inoxiatent with Ws Ayeattent a Pe WAS Documents. prodded hat Grantors fight to possession and banacirt use shed not apply to any Woad whom possesan of the Da Wort by Lender Is reared baba to ported haloes stook" te ast tn such Maktent. (Pee awake rotted by lender. Versa may rama any of the Cceatorne cranathg of accounts At any time ea men though no Event of Ohara coats. Lack( may mods. Its rights to caws the accosts sot to nary account debtors to rare plonella 42026/ to Linda ter espentara to 019 Indebtedness. If Lender at any torn toes postwar% Of My carmen. whether beats or eta an Eyed of Doha. Lender Oat be doomed to hovel asetchled postdate* combos% custody and grearvolon of the Co/opal If Lowe take: such • can foe dal pupate et Grantor shed moot or as lendordntenclets solo ruccoben, oho deem aPPOIMX0 Leda the dreurrialmla s. hut fa-kia to haw ay request by Crowe aha not a Itself to Oohed to te e faure to coeds. reasceda we tender shal not a reteeed to take /myth:pa ~aware to mane any Oats In the Collinoral agent ph* penes, nor ta prated. prolate or hantin any sexily barost trken to soolo trio trdoixednat, EFTA00606150 (Page 3 of 5) COMMERCIAL SECURITY AGREEMENT Loan NO (Continued) Page a LININfra IIMAMITURES. It any wean or proceeding b odermanced tnY would maionoty ancot Lertdeet ;rawest In ma Calumet of S Grater fat to amply with any potion d Et Agreement a arty Ent Moaned; batting tett not linen:: 10 Grans Inc to dente a pry when as my emote; Gnaw It touted to embargo or pay unthr CM eerneohmt or olY Iettd 0omotelCh. lathy Gent ban nay (out ehbt not be oohed to) take pry ann Let Lend. dooms opmoorlaM. InGuemg tat not tread to ditelumpt Cr oedemata/a. hms, wearty SitOrtt , enconbranom sod other Can al wry ante:third or pleat at the Calateral and paying al Costs for Pomfret. meinteireno end eft:moving to Cornet NI etne expedite's homed cv paid by La der for pooh MMOseo rAll then tear Went m the tea chirped rider the Note. or the rivulet= I)* pormIllod ty law. whit:waver Is luso from the OM Intined or pad by Louth to the date of repartee by Grantor. NI no ethans“ win been a pert of Sse bdobtrthess and, at Lens edam Led (A) be payable et desert% be en d to the balance of the Nate err bo ototoned nth are to onto with we lotterment Monet to become due data either ill) to term of any theamble Inman pen; a (2) the nth« tem d to Note, or (C) be treated es a noon peyerent urn vat by din and payable ot to Notes many. The Ardeorret eSo an secure payment of these mounts. Suth do/COON In edaidOn to all other rights end roman to with Lnider may be waded upon Default DEFAULT. Each re the fokevino eh I _Atte . Evet of Den under this Arlan Payment Weill Canter hint to make my isnot then due Older the Indeblednetee *him !Mat Chmetor fat.: to cone* mat CM tO Pfhtfm ay othefhtfrAoaleellOn. areferg a Ctatnefi =nod to this iienfnal a In any of the Rehm. Domments or to comfy with or to pane any loft titan, cent a artte conleaed Many other weentent bohteun tante: and Gran 0okult in Faver of Third Pages. Grantor dons under any loan, moon of an. thourIty agreement perehese or saes treense a. or my other In In el any other entettor a paten OW May inallelity one at of property or nay ea theism Gddp's °MpWai s under the Arent or soy of 1110 Ratted Doeurnant‘ Fate Seasons. My waseniy, ropromnearon a thatentant met or Mani to Lender by Center on on Gwent barn under It Acectmancetho Ratted Documents Is rase a tent° In any nodal respect oar now oat the time made a Mashed or beotatoS WO a tansy at any Ito thereon«. Defecate Cenaterallzaleri. This Agreement a any of the Rflted DoeUttlenh teas to be In id force and rata (nun Pam d any coltheval dormantto aide a vat and anon security Interest or men) al any time aid for any math. owe a inethency. The bath of Grenbh the In$01Y.InCy d Gran the ettanthent of • mother for any pen of arable PtcOMIC any • Mr the bent of modot any type of creditor worked. or the caarnercement d arty procenno under sty berdeupiey or Ire Laney taws by a net Creator. Creditor or Forfeiture Proteedeign. Cornanment of loatiosue or tone proccoangs, whatr by %din snobs want nom:maim a eery other that% by any an of Grantor or by oily agency east eny oaten rennet the Indebknlheett Ode Include, • Gam,thinceil of my of ramous cents. hduS, don nen. with Lender Insvor, at tat of Woke t Mal not apply U thew Method faith depute by Grater as to to veldt a masonettens of to nn which is the Oases of the err St« or Mastro mooring med If Mater thee Lender written enact's% awn or nett protean end deposit watt Larder mtrkc cr a hal* band Syr the crone or Iorieture women s an mount dented by Lender, In be ems dliereloa en berg en tempers rents a bond for the dthut Fvon1C AffcctIrp Gyarieltr. Any of the ;mooing oaths nth oath tonal to any peorarece, endow% aurety, Cr occonthottalthn party 0 arty a Um Lidobtedauss orhenna endoreoh meet or ecoonretton peed dos or becomes tenant or molt a Sep tan the Laclay W. or dearly under, any nine of the th0etiedneet LenIn • twat% A nate: ;then One cease In Grantees flnandal nein, or Lender terns tho prospect of cent or Straandence of the Ircotrceress h lepted. noway. trelor It cool faith bathe. Itself Precut MOM AND REUtDIES ON LIEtAULT. It en Event of Dealt oxen tethir tie Anon at any foam thethafter. Lender that have a the eta u secured patty style• to riots LInteent nornethal Cale. In neon and without armlet Lender may mane any ma or rot oldie Meting ristate and %sons: ascent laneentse. Lender may declare the ware Indebtedness, neat try propedneol panty moth Grantor would bee rthaired tc pay. , vintdatoty etc ens payable. VAtrxitil 001103 el any land to Gator. Asstmt'd co-bearat lady may roan Gran to nor to Lothar at crony non d the Cthereel and any and at corathat of thlo pod other donanes heaths to the Othaesar. tender may moult Oran* to eemomthe the Cement end rate, :t male,' In tend. at n ran to to non by Lemke Loran also and have Mi porter to order epon the properly of Grantor to Itto Fthenn of a r.i rmrov: ha CmIeleret. If the Gonna ocatabs thee beads not averts by 0tht Ann et the time of topeetetskn. Grooltr Londe( may toe such other then. pronxl tat Lender makes masonetett effort to morn thaw to Ors seer teposeessCr Soil the Cornet Under that haw fop 900K« 10 settees% Vendee, attn. dealwith the Galen a WOWS& theeCol Lentler'S own nmvt or tat of Grereor. Lender may at the Onset at pablo anon ter privets eat User the Gallen 0rsatore to &act gmodfY n vale or Is Of a type anon tad on a mooned nsf's, Lander will phe Greta; SiS o0 pante a required by tea, masons«. note of the ere and dace of soy patio sale, or the dad dim which any One acre," other dmpotion of the Gond le to be auto However, c non net be pwMod to any pus« who. after