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; S. tiM eM pree.wia o~ t!~ !aa ~oi~ir ior tie papww Mt iortf lr tb A~tfonisada~ bc tM Lo~ur iss~sd b~
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' ~ 6. 0~ d~ rd~bwt Pare be a~ aad dl u~w~s ~r'~d. ar wrie~ w~~ be L~aterr i~rad by Pa~ [
~e 5~o~rr d~e~t ta tia~r i~? aa~wrceioa wltk a~ bq r~a~o+ aE boe+oo~wer'~ appilcada~ I~. ud e5e r~kias a~d ~drriaistratioa
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f N~tw C~wMwe+. - T1~e U~rd~rsipad cow~art~ ard ~~reus tdu+y wl~t dre pria weicoeoi ao~sast ot t~e P~~ . i
r M, Uadarstped will, ~ot,: 3
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Q 1. c•ce.o~. ...~.?e ar otbe~.~i.. .~x t~ .xi.t .o~~i•ra P~~1,• or od~ar ~.ia~rrbr+~.c. rp~o. .a~r d e~r re+~1 i'
' ~ tas~6te p~~o~t prr?perty of tl~e dadarslpad. wbatMr ~aw awrd or 6aeaEou acq~ie'ed. acept (a) lieu ~r taus I;
. or aeLa~ ~prar~t~rtal ciactes ~ot ddi~q~t ar 6ei~~~ coates~ed i~ ~ood ~fiit6. a~ (b) Pr'~~a~e ~o~e~r tiar ~po~ prvp~ ;
artp +~c~qnirad a~oer t~e date oE e~a No~e. aad o~ec lieas ~~poa sech pnipertr at tLa d~e oE dre ~aqriside~ d~~ee+eaL '
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~ 2. (a) If Uade~sipad is s co~poratio4 declare ar Pr~? a~!? di~idead or rate aap ~svi6aoar apoa ia eapital
: sbd~. a p~rc'haae at reda aa~? at ier capitsl swc~. or cansolidsoe a ser~e wit5 ae~r ot~r cowp~ar. or ~ske aar
~ .d.aaca. dir~dr or i,rdir~edr~ b~r w~r ot lou. pt4 boaus. oar~iwioa, a ot6eewi~e. b aa'? oo~p~ey dir~cdr a ia-
~ d'inacdy ooa~seall's~ a a~lia~ed wit~ a coaerolkd bp Ua~deni~red. a o~ aaY otficer. dirac~or. cr a~¦plaf?ee of Uade~-
? sip~ed, ar ot s~r srck oay~arY. (b) if Uadersi~ad is a pu~rslup o~ ia~~ridnal. ~ak~e aap d'i~tribdtioa oE aueu oE
~ tl~e bwi~s oE U~dersi~,sdd. otber t~w rea~onaWe ave~peasatioa br ssnrices. at aske aay ~d~aaca, ~eecd~ or ir
~ iGr~cdy~ bp war of ioaa. Oft. bosos. co~issiaa, a ot~er~i~e~ ~o aa~ partaer a aar oE its ~plorees, or ~o aur
co~p~asy dicecd~ a iodirecdr eoatrolling cr aHiliated wit6 a~ cmatr~oUcd bp Uadersiped.
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Bwr~~a of D~J4~ 't`6e iadeb~ada~eas (indndia~ pciaciprl, iaoereat and ~cpeasas) s6a11 iawodirtelr beoo~a
~ dtie asd p~rabie~ wit6ort sotice or d~aad~ y~oa tb~ appoia~nt o~ a recsi~rer a liqnidabr. wbet6a ~rolnntar~ ar ia-
volmtacy, br tbe U~d~eraigs~ed ac fa ~ap oE•iss propaq, a apon tbe filis` oE a patiti~ bq a a~aisst t6ie tindasi~s- ~
~ ed ~sdee e~e pcove~ria~s af ahr Stsoe ieiolreacp l:w a mda t6e prorisia~os of tlrs Sadr~~~ Act oE 1898~ as as~e~
ad, Qr ~ ebe a~kia~ b~ dee Umdersi~oed of ~?a assig~oeat Ear th~ beaefit of ib cradi~ors. Payea is antborisad to
_ ~{ecla~e all ar sa~ part oE t~ iadeboedsess iwa~ediat~ly ~nne aod papble apaa cbe 6appeoisr of aap of tbe ~olioweag
events: (1) Failt~ce ~a.P~Y ~ P~ of the iadtbtedntia whes d~ne; (2) ~o~erfoe~ance b~? tbe Undarsianed of asr
aQa~aat with. a a~r co~dition isposod Pa~roe witL re~pect L~ t6e iadeb~edseas; Paroe's disavvay oE the
Uade~si~ned's fail~ im arr applicatioa of the Uadersi~red m Papee to disclwe aup fset d~eeaed by Pa7~ to be
~at~seria! a of tbe sakint tl~er~ia ar ie any of tbe said a~ta. a i~ aa~ sffidavit nr otber docnseats anbmiued
ia ooosection with ssid appGcatioa a tbe iadebtedoess~ a of apy $iuepresea~tian by, on be6sif oE. ar for ti~e bena
w 6t ot dr~ Urdersi~ned~ (4) the reor~aisatioo (other than • ceap,aaiz~tioa parsoaat o~ asp oE t6~ p~oA?~sions oE tbe
Banloroptry Act oE 18~, as a~esaded) a rsarger a coasolidation of t~e UadzrsigAed (vr tbe ~akins oE s~eement
~ tl~aefa) xithait the pria writtea ooasest ot Pa~ree; (S~ thc Uadaaigacd's faiian dd~? to acoawt, to P~yee'a satia -
hcdaa, at such wre a tises ~?s Paree say reqaire, tar +~ay at t~ oallut+e~a1, a p~caeda thex~ooE, oo~iag in~o the
voma~ol of d~e Usdasisaed; ar (6j tLe isstiwtion oE ~ury sais affectia~ tbe Uadeni~d dee~ed bq Papa to aEfect
~ advan~r.its inoerest 6aemder in tbe collaoeral a otl~awise. Payee~a fail~e w~aci.e aar of ia righcs nndQ
dus pac~s~r+iPh s~alt aat ca~natitatt a waivtr tbereaf.
Upoa a~npaysat of iacaesc a aar ie.all~enc oE priacipal ~?I~ea dne. t6e U~rsi~ed sod smeties autLaize
t~he Ps~ree o~ ~eU, at pabiic a prirasa sala. aup or ali a~ilsanal dapu~ised and Property Plod~d to ~cure tbe pay
. ,eat of this Note. aad applr ebe p~oce~ds of sale. less ezpepse~ to tbe pspseat of tbia Note. .
'3be sea~rity rig6ts oE Pa~ree aad its a~igns 6er~mder ~halt aot ba ispaie~ed Iry aap iadulressa, reieaae, ra
oswal. a~essioe, ar sodificatiaa whic6 Pa~nee ¦a~ g~raat witi~ cespect ~a tbe iodebtednesa or aap p~a~t tber9eot, ar w
. rasp~ct b tbe coUataal ac ia respect ~a aap endaser~ g~waator, a sareq witbo¢ aotiee ar ooascat of t6e U~der-
sipred ex a~r eudors~e~ ~uarasbr or surcq.
i~TTA~SS the seal oF t.he corpo~atioa and th~ si~at~aes at t~e du~j authori~ed ~ttioa~a.
i~Is hez~ebal gu~,ranLe~ p~noss~ a! th~s Notet - ; ~
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' ? /tt1'!0'~~'!'t~ SL.~TRIC SSE~9ICB tAMP~'t~I1~C.
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^ ~o Ma•aa ~ 600K
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