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1>'�'�ii:jA1�R - - - <br /> �r•'��3 - - �--- ---- <br /> �^ �a�. . ' �r�e.-..�°_ --�__"'"'��;. <br /> ...r��.,r�.....�_� � —�5.�-- -��_...._.:s:_.�.-_ "�'�:-.ar-�:.�a... _ _ - �- --_- --"�.RR��r_ <br /> rfi� ���=fr�1 ' ___—"' __ <br /> } 9�":'�'�.��'� . . , _ <br /> ..t` . <br /> AcWitiot�l Provisions <br /> p�ptor warrAnca wncl Cowr►�na: (l l That excapt for ths s�cvriiy i�t�nct prantad h���by D�btor(o,o�to the exc�nt Nwt thlc iqrwrtw.�t - <br /> stat�►c that the Collutural ia to b�cquirod aft�r th�datw har�wf,wi11 W.tha owr�u of tMColl�terol*n�(rom any +idvors�Il�n,s�curiq� <br /> irt�nat �u �nwmNance: and that D�btar will defsnd the Coli�t�r�i apeinat ail cl�imp and dinwtid:of alt parcans at�y iims clelminp <br /> Uw canw or any intarw�t tJw=uin. (21 Thnt rw tinancinp stetwn�nt cawrinfl ehe Coll�t�ra!a anY Proce�a th�roof Is on file In any publlc <br /> offtee!�.^.9 M�t+�t N�w►e�*.�►nt nt Sacurad'Vartv.Dabtor will jofn wtth Sacurid Porty in�tix.utinp aw or maro finar+cinp stat�rn�n�� tw�cu- <br /> �nt tp thp Natra�lca UnifoRn Convnorci�l Coda in lorm satlsfactorlr to S�curad P�yr and wi►1 paY tM cost of t�lin47 su�h tinancing ciacv- _ <br /> mant,thlA�acu•ity+qrMnwr+t and any contlnuatiun or tamilnation tt�tament, in atl public oftica��:tss�rov�r tiling is deamed hV Secured <br /> psrt��tp bP rtE�s,,;.;►ry or d�sirsblr, snd if t►w Collitaral ia sttach�d to ra+U�ctato prior to tM perf�ction of tha sacwity inter�t pnntod _ <br /> Aaaby ar if the Coll�ursl includ�s crops or oit.pee or minoralr to be extrsctaci or timbw to ba cut, D�btor will,on demtuid of S�cured = <br /> Pwt��.(urnish Srcund Psrty with e disclninw�or disclai.�swa ar cubordination�prMmsnt cign�d by ell psrsonc hoving ar�inter�t in th� _ <br /> roal a4tuta, dicclaiminq or subordinatinp any Interest in thv Collate�al which is priw to tfie intenst of Sacured Perry. (31 Not to sell. _ <br /> tren�ter o�diFpos�of tlw Coltataal,nar Uko tlw camo a'zttwM�t to take tha s�na from the cau�ty wFwro kopt s+F at�uve stated. withcwt <br /> the pripr�+ritten conzant of the Socund Party. f41 To pay at! tsx�s end ei�C�+nent9 0�o�ory�atur4 which rnsY�Ci�evieti ot ar.se�sed <br /> afyainst thu Cailtrtcaal.l51 Hot to permit o►a��aw any advcws�lien,security intsrstt or a�cunbra+►ca v►1+3tsoaw►c;�u^'t�e Callateral,a�d <br /> nat to pem++t tM�rirrw to be ottached or reP��'inad. lej That the Col lat�nl ic In good ca�dition, and tAac Ae wil� ot his bwn ucpw+s�. <br /> ksep tM wnw in�od corxlitic+�axi from t�to tirM.fa�d+with.roplece and ropai� ajt cut� parw of H►�Collatora'�mN [�brok�n. _ <br /> warn out or danvi�d without aFtowing any lien A�bs creatd upon tfia Colletaral on acc�unt o}Such roplecement or tt�irs.and that the - <br /> $��Psrty n�r wcamina and �nspect tha Cdtatwal at y��� time,wharever located. S7)T�t ha will ot hiz own cWe�►cs kwP th�Coi• _ <br /> IAterol insu.-ad in a c�nRanY satisfsctory ia S�+t�Hrd PartY�inst toso, aa aPPt�P��ata.by theh,wF:�slon,fire and wctended coveape. <br /> w�tA lus�payrb?e S�S�curad Party aa its i�*arest may apRear.and will on dern�frxl deliver sald policies of instKancY or furnish pmot of <br /> suCt InswanCe eQ Sac+xad Patty.t8)At ita optian SaCUro.i Party may procure such insuranCa.dlsctwpe tAx�s. Ilens a socurity intat�sts <br /> a•ot'�sr�cns et any ti+�w tevied or placed on t�a Collataal and may pay for tha ropair ot any danape or infury to a fa tho <br /> pssswvatior�sxl maintonanca.:f dw Collatsrol. Dobtor a�geas w roimbursa SscuredPartyon d�mand fce sny paYmc+nt or expw►sr incurted <br /> by S�cursd�artY pursuant to tho tor�poirtg auttw�imtlon.Until such nimbwsanenA tfie anw�nt af u�y� such paYma�t.w�th in.anct at ttw <br /> rate of l�.OQOti per armum from c3a�cf p�yment until reimburument,shsll be�ddad to tha ind�dn�u oN►�d b1►Debtor�nd thsll <br /> be su:ured bY�Is sgreern�nt. (9)Thst he r�cul not uu th�Coll�unl ln viol�tior�of any�ppllcable statute,regulstionordrdinance uxl if <br /> sny of ths Catlt..�ral is motor vehicles tlte sam�+k'i�� not b�rMtad,us�d in rcnW s�rvlo�nor i�tnY sW�d or�:tdursna contast.{10) <br /> Oebtor will p�y S�a+r�d QsnY a�y snd all coat�and�zpsrws incurrad In recoverinp possasion of the Collste�al snd incurred in mforcing <br /> this seourity��eement,�od the sam�shall be saared by this s+curity�pnement <br /> Un�til�Qistent»Z�Y Po��of n�u►ance therew�. and urpon defese it��IP�uI�mar Iu ha t imrtwd ata rlpht�m th�e pocsesslon of <br /> �t.�Coilaival. <br />� "�a:m thsll M i�Whutt und�r thia apreamant e,port cre happsninp ot sny of the fol Iwstng ws�ts or conditions: (t►d�fault in eM psy- <br /> ma�t a pe�fa�n�nce of any oblipation.covxNnt or lisbility oontain�d or nf�►ral to henln or 1n my noto evider+cinp tM can+�:121 a�w ,. <br /> warranty,r�pres�ntstion or stetsment msde er fumishsd to S�cu�d Party by or on behalf of O�bto�prows to haw bwn fa�s�i�e^Y�- <br /> tsrial r�ap�ct wfNn msds c+fumished; t3� an�c event whlcl�r�wlis in tM ecwl�ntion of th�ms�riY�v of Lfie indobtednecs of Dat�o�to <br /> oShKC w+dK anN tnd�nauo.ap�Mmsnt or w�dutaktnp: (4) lass.thsk.darwp�. dsctructlon ials or�ncunbrancs to a of any of tM Co!- _ <br /> IRI�lil�Of tM 11f�{CL1g Of afly��Vy.SA121K�W�tL�Ci�11�1T Shs(�Di Dr ii�weiw�:iv)vi�i.q�.�.Z+�:.:U2:.^..:.2:.'Si1fR..�'•t�!n1 wv,�a�rv+�; in�nlwefCy.. . . _. <br /> bvcin�sa failuh.appoinvs�nt of a nc�iwr of any part of th�prapsrty of.�iqrrmnt fa t!w b�rwfit of crodit�xz bY.or$a c�ca - <br /> m�r►t of any prxe�dlnfl under any bank�uRU1+a insolvency law�W c►apeinst D�or or any puBnnLOr or surety for O�btor. <br /> Uppn Suc„p�hnit and st any tirtw tMraaftOt,or if it de�mf iti�lf ins�curi.Seau�d Parh►maY deeEee+e efl Oblipatio�a E�CUnd 1�obY <br /> i��diately due and WYsbl�and shall hava thw r�nwdlss of a s�cur�d PartY unc�the tJ�acks Uniform Carm+eraial Co�. S�cu�+d <br /> P;vcy msy��quiro D�bwr m ass+mbt�tM Collawol snd d�liw►o► m�ic� it availablo to Sxund Party at a plsa to b d�siqnae�d bf► <br /> S�cured Party which is�a9oni�ly canwni�nt to both Parti�s. Unl�w the Collatuel is peri�bt� or tfueatans to d�elin��lily in <br /> vnlue or is of a typs cucta+wity sold on a r�oo�lz�d nwlcot. S�eund P�rty wi II piw Mbta roaronaW�notie�of th�tim�and pl�of <br /> r+Y P�ic zaie thsr�of ur of dw tirt»aft��sid�eny priv�te sal�or 1ny otlwr inta�dsd dlcposiYwn ti�wrof is to ba m�da. TVw�tquin- <br /> m�nts of hefor�bls notie�shall ba m�t if ssich notic�is mail�d.Poctsps Ix�P�id.m du ad�ss°f DM�� s�1ON^��t t�bpinttlnp �t <br /> this apneteMnt Ot least fivs days 6sfon the tirtr of the s�t�o►diapoiltion. <br /> No vwlw►by Secur'ad PartY of a^Y dafault sh�fl operat� �s a wsiwr of eny ottwr dafault or of tl+�san�d�fautt on a fut�r�occasion. <br /> TM tafcinp ot thic�curitli'apr�ertNnt shs11 not wafw or impair any oth�t s�cwity csiE S�curod PartY miY hsv�a h�naftKacWir�tor <br /> tM prynMnt of st�t above irni�badnecz.�xx shsll tM takinp of eny wch additionN sacurity waiv� or impoir thie sscuriry aQNrt+�nt: <br /> Eut sald S�cur�d Pany m�y naort m a�1r s�curftY it n+N�in�e order It may deam propeq ae�d e+otwitRsL�ndin0 anY cotlateret secu- <br /> riq.S�arsd Party stult r�te�n[cs�iyhLS of�ooB apslnst D�btor. <br /> Atl riyhtt of Secured Party h�nunde►sha11 irnu�to tt�be^�tit of iti succ�sao�s ar+� us�: a�d all promisas and d�rtiec of D�bOOr <br /> �hsll bind his iai�.�s«+�++���s a hia a Its succ�ssors or asclQna. tf greA A�nior�tha�i one De6tor.their IiabiliU�s <br /> heraunder chatl b�jolnt and sevwat. <br /> This epraement Shall b�oortu a4hctiw whsn it is siqn�d by D�btOr. 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