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yTareh 1, 1982 by the Lessee, and (b) that certain Corporate Boned Guaranty Agreement (the "Corporate Guaranty") made a~tid ~: entered into as of March 1, 1982 by Lincoln Equipment, inc.. ("LEI"). a LVebraska corporation, and Lincoln.Equpment Com- pany ("LEC"), a ~tebreas~a corporation (Lessee, LEI and LEC' being hereinafter sometimes referred to together as the "Guarantors"), and pursuant to which. the Guarantors jont':;T and several7.y unconditionally and irrevocably guarantee to - the Trustee t2:a payment in £ull of all principal. o£ and interest on the bands. 5. All of the right, title and interest of the Issuer under, in and to that certain Personal Band %uaranty Agreement (the ''Personal Guaranty") made and entered into as off bfarch 1, 19$2 by Tom L. Larsen, the principal operating officer of the Guarantors (the "Personal Guarantor"), and pursuant to which the Personal Guarantor has unconditionally and irrevoc- ably guaranteed to the Trustee the gayraent in fu11 of all principal on the 1982 Bond. having a final installment o£ principal due "~4arc:: 1, 1984. 6. Any and all ot::or property of every name and nature from time to ti::e heroby by delivery or by =ririting of any kind conveyed,~zortgae'., pledged, assigned or transfcrrtd, as and for aaditional security hereunder by the Issuer ar by anyone ir. its :behalf, or with its written consent, to the Trustee, which. is hereby autharized to reeei:re any and all szc: prop<ert; at any and all times and to hale and apply the same subject to the terns hereof. Tt7 ~A a~ya~ TO Fi€3L~ all the same 4lith ail privileges and apt;srterances hereby conve~~ad and assigned, or agreed or inG#nded so to be to tl:e Trustee and its respective suc- aossows in said tr~sst and to them and taeir assigns forever.. 1 ='~tJST, ivEV~.^~T yLLES , upan the terms and trusts <<r.r._ , .;~~ fort"r; for t?:e ~.qua1 and prcportiorat benefit, ~=`~=- .. ~.nd protector o~ all o°p-ners of t:e sai~ bc:~ds ~ (of _12_