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SECU~t1TY AGREEMENT .......~..~l.~...1~,....~.~~---......._~53~,~ ~
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...1~fHl?E..RIL2GE...WAIER__~.---BiJ2L__l.l.~ ...........--..F:~.....~1.ERGE._..._......._..S~... ~
E......__.....~L.OQ.l.OA~.~ai.._...-----......,~`
(l1aa~) (1Ve. and ) (C~b ar ibwa)
~er calla'1 for raluable conslderstlon, receipt o! whie~? is hereby sclrt?awled~e~, doai herebj g:..-~^?uwe iroan and ~aca
huebY grant to ~ J~.~
r~~~
.---EL~w-Q--.~.~a.w-..~.f.:~------•Gi2~•--~--.~:'~iR~.f~.i.~...~}....._._~?Q~.~.~.[~7 .............._...F~iri1sL11~.1.~.--••---._........~-~.~..................-•-•----• -
(Nome) (1~a na6 6trMq (Ctb R'S'~N toor?t~) (iesa)
(hex~einaiter caued the 8erier), e eecurity intereet ~ tne loi~owfisg de~crlaed srM any ~x! sI! scca[~sloa~s tt~ereta (b,ereinatter
ca~led Uu Coilstexd) iar the totai prtce a,ad upon snd ~u.b~ect to tLe terms dwt~~:
DE$CRIPTION OF OOLI.ATERAL:
~ 10 OAS13 WAT~R COOLERS PER ATTACHED SCt~OULE
Y'1`L"MS MASIN(~ IIP TU'1'AY. OBI.idATION
I. Caah Prtce ot Collatere?t_......•••.._........•-••
2 Sales Taa it spplic~?We........._.....-••...-••....___._..--••-•• ..............•-••----...................._._....................i~
3. Docum~tury ~ea~vtce Charge ............._.-•---.....:.........----•-----...................---.............................5
4, Totsl Geh Price (aum o! 1, 2, and 3)---_....---•--_._
6. Leaa Dovvn Payment ; Caeh x
Trade-In i
6. Unpsid Bglance oi (~als Prfce (4 le~a
7. ~ast. o~! Z~nsuranae ~
8. Pr~ndpal Ba]anRx (e~n n2 a aad 7).......__....--•._
8. F'lnauce snd ~rvice Char~e
io. 'Time Be~lsnc~Asnovnt ot xote (simn oi 8 and 9)
'i'ime balaaee pay~?ble in c~o^.,secuUve monkh] insta,Rmen4 0!
~r Y i•--•--•••-•«~~,.: ~2.._ each and one tor
: th~ remsini~sg b~lwtce, to be,pe,id on t~• ....~....iS~~.__......__.. da~, ot a4ch monSh c;omme~?c~ng on ~A~°a.t.~r...t6,...-- 1~.~~.--
untU asid total ind@btedness ahsll hsve been paid.
THE CONDITIONS OF THIS BECURITY A(~REE3~ENT ARE BUCH that Purchseer hss ezecated aad delirerea to Beller his
fits) certain proumia~ory nate of evei date herewith, here.ilnatter referred to aa the "Note", in the principwl a,mount equal to the Time
Ba~mcee ~n sbove aad payable aa~ set iorth aboye. and suy PureLsaer o! said Nate shsil take the same Lree lrom
L1~P.t'E10 Wmd?O! c1wlTxis. detnAUdB aad setaae Oi Purchaser againsC ~eilei', NOW, T~'OI~E: ~~e1~
It tbe obligsttoa hereby aecured, or any part tllereot, ir nat gafd at L~e metvrity hereot, whether s~ch msturi be caw~ed by lapee
m
ot kime or by accele.ratian, sueb entire obllgaUon or the part thereat which has maiured, ss ttee case rn~Y De, thereufter dravv
p~.`~ht
intereat at the rate o! 896 Per aunum until paid: or st the optiaa oi t~se Belter, the Better may callect and t~c~af~, au~d the
egree~ to Pe~'~ a]ate chsrge calculated st tha rate aS 6y' for each doUar oL an,y mont}ily i~nstallpnent, ahown above whicb is
zyot paid am or belore ten daya atter the due date thereof, but in no erent ehall the aawimt ai ~uch iwte chsrge for any ane detaatted
sn.t.n~,mt exceed ~3.00, which late ct~arge, it imp~ed and ooIlected by the Seller, ahall be in lieu oi wch 896 straight interest on the
gPP~~ iasksihne~nt
Purebaser warraats aad oovenants that:
L The Collateral 'wnl be kept at ~.E~~..........-•--.....--3~-~•~
~~-E-•--•........~' ~~j~
~r
Purche,eer will notify ~eller af any change ia location o! the Collateral and Rlli not remove the Oollsteral 4am the abarne atste withoat
the writtaa ooment od Se11er. T~ Be31er tnay easmine a,ad i~gect the Collateral wt suq tirue, wherever located.
2. The Collateral ia or is to be u~ed prlmarlly iu hudneaa nse.
~ 3. Purchsaer's principal place of btusLnesa ia locsted: i?t:......~.»....._----••-~.~..~•jj~
p ~ c~aua~ ~
,
` Purchaser m;intaiua additional lacea ot busines~ aa toyaws: It none ao indicste
~ P ( ,
~ 4. Ii Pure2u~ser maintaine no piaee ot b+ustn~os, Pwrchs~er'~ rerddeace Ss ~rs above.
~ b. The Collateral, which is not normal2y trsed in more ~ rQ ~i
thaa o~ stste, is pez'~o~l sud rv131 alovays r~mai'a
' auch, re~tt+as cd tbe riaanu~~w'htch t~?e eamr~ may be in- AtiIBlOwLED~JII OF R~T Of 00p'r iE~OF:
atatied as~d atteahed t~op~p~ or plumbing If 8eller deelns it
aec~!~u9. Furcbaser wiff -abtaiu an agreement ta etmilar diect ~1) D~ IIIt l~pl ~i ~~~t MIII~! jN iM~ ~ R~~ 00l~ ~ Nillk
frnm the owner or lessee of ea~ch parcd ai resI e~st.~ta w~re ~
tt~e c~au,?t~ai m~.r. rro:u t3sne to ci~ne, be l~tea. Yw w e~Hiei a~
e H e a~hMy 1~N i ay N ritt Ap~, ~nd
~ TAIB A4R~R'J~NT I$ SUB~J~C.T TU TAE ADDITIONAL r~ !f i¦C~ f p/j k MY~J i~l~.
PR4VISIONB ~T FORTH dN THffi REVERSE t3IDE H~RE- (3}' UII~Of 11M bll~ 1~ ~~j i~ ~1 ~ t~! ~ a~AO{Mit
~ oa~. sa~a n~rc,~oxpoRa,~n ~x sY ~~e ~M ~ier oorhi~ ae~i~ M ~Wit ~
~W rrlNi t~a~ rf !tie ~w
a~MA ACT t r~G co. ~.a ~e. e~
~o.co~. eee~ swi e.~e. m mk. no ~rs~,e~
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