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THIS DEED OF TRUST, ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FINANCING
<br />STATEMENT (hereinafter called the "Deed of Trust ") is made as of the 25th day of September, 2002,
<br />by and between LEON PLASTICS INC., a Delaware corporation (hereinafter called " Trustor" ), whose
<br />mailing address is 4901 Clay Avenue, S.W., Wyoming, Michigan 49509, and whose federal
<br />identification number is 38- 2546793, COMMONWEALTH LAND TITLE INSURANCE COMPANY
<br />(hereinafter called "Trustee "), whose mailing address is 2019 Walton Road, St. Louis, Missouri 63114,
<br />and FIFTH THIRD BANK (WESTERN MICHIGAN) (hereinafter called `Beneficiary "), whose mailing
<br />address is 111 Lyon Street, N.W., Grand Rapids, Michigan 49503, and whose federal identification
<br />number is
<br />W H NESSETH:
<br />WHEREAS,'Imstor is indebted to Beneficiary in the principal sum of Six Million One Hundred
<br />Seventy -five Thousand Dollars ($6,175,000.00), which indebtedness is evidenced by a promissory note
<br />in the original principal sum of $6,175,000.00 made by Truster dated of even date herewith and having a
<br />maturity date of October 1, 2012 (hereinafter called the "Note ").
<br />NOW THEREFORE, for the purpose of securing
<br />(a) payment of the Note, together with interest thereon, late charges, prepayment premiums,
<br />fees, any future advances, and all extensions, modifications, substitutions and renewals
<br />thereof,
<br />(b) payment of all other sums, fees or charges, together with interest thereon, advanced to
<br />protect the security of this Deed of Trust or the property secured hereby and the
<br />performance of the covenants and agreements of Truster, whether or not set forth herein,
<br />(c) performance, discharge of and compliance with every term, covenant, obligation and
<br />agreement of Truster contained or incorporated by reference herein or in any other
<br />security instrument, document or agreement at any time given to secure the Note, and
<br />Michel Campbell
<br />Miller, Canfield, Paddock and Stone, PLC C
<br />99 Monroe Avenue, N.W., Suite 1200 2 D p
<br />Grand Rapids, Michigan 49507 (m'1
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<br />200210366
<br />DEED OF TRUST,
<br />ASSIGNMENT OF RENTS,
<br />SECURITY AGREEMENT
<br />AND FINANCING STATEMENT
<br />THIS DEED OF TRUST, ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FINANCING
<br />STATEMENT (hereinafter called the "Deed of Trust ") is made as of the 25th day of September, 2002,
<br />by and between LEON PLASTICS INC., a Delaware corporation (hereinafter called " Trustor" ), whose
<br />mailing address is 4901 Clay Avenue, S.W., Wyoming, Michigan 49509, and whose federal
<br />identification number is 38- 2546793, COMMONWEALTH LAND TITLE INSURANCE COMPANY
<br />(hereinafter called "Trustee "), whose mailing address is 2019 Walton Road, St. Louis, Missouri 63114,
<br />and FIFTH THIRD BANK (WESTERN MICHIGAN) (hereinafter called `Beneficiary "), whose mailing
<br />address is 111 Lyon Street, N.W., Grand Rapids, Michigan 49503, and whose federal identification
<br />number is
<br />W H NESSETH:
<br />WHEREAS,'Imstor is indebted to Beneficiary in the principal sum of Six Million One Hundred
<br />Seventy -five Thousand Dollars ($6,175,000.00), which indebtedness is evidenced by a promissory note
<br />in the original principal sum of $6,175,000.00 made by Truster dated of even date herewith and having a
<br />maturity date of October 1, 2012 (hereinafter called the "Note ").
<br />NOW THEREFORE, for the purpose of securing
<br />(a) payment of the Note, together with interest thereon, late charges, prepayment premiums,
<br />fees, any future advances, and all extensions, modifications, substitutions and renewals
<br />thereof,
<br />(b) payment of all other sums, fees or charges, together with interest thereon, advanced to
<br />protect the security of this Deed of Trust or the property secured hereby and the
<br />performance of the covenants and agreements of Truster, whether or not set forth herein,
<br />(c) performance, discharge of and compliance with every term, covenant, obligation and
<br />agreement of Truster contained or incorporated by reference herein or in any other
<br />security instrument, document or agreement at any time given to secure the Note, and
<br />
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