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Darow~t narranb W ta coiwecdoa ~ritb ~aeb accauat an~nd br 1hb aq~Nmai1: fU tt constiwt~s a qwlifi~d ~ccount u d~Ua~d h~nis,
!s uot ~rid~ao~d blr a i~q~~n~ ~~~~~Al Of chauef pap~[ (~:cspi sucR judqm~ct as has be~n usiqn~d a Dank. ~e~d ~u~p1 sueh ias4uawnt -
Ot CIliM~l piplf Y ll~f bNA L~das~d sod d~U+~r~d ~o Danld. aad apra a?b : bona fid~ c~ompi~ed trausaction aad DorrowK 2~u possaalan d
tar,d wU! promptlY d~liva w Dtnk upoa 3ank's rpu~aU a lus d~liv~r~d b Bank sAiPD~9 or d~uv~ry ncsipu ~v~aeing sl~ipmeat a ddi~~ d
da qoods and. U r~pr~aqaq Nrvias. t~ au~kw 1uw Ma~ su1lY peito~aNd: (~l lA~ iJIWYDI tIlOMA OR 8arrowe~'s Eoalcs aad oc +nT ta~ok+ a
Nat~?wt d~Uwr~d b Dan! ls o~vinq b Dotro~r~t: l1W tM tiN~ d Wr~owa w tb~ ~tcquat ~nd. ~sc~pt u aq~last the Pur..l?wr. to a~op qoods i~ ~
ab~atuN: (hr3 ID~ aoeouat fias aot bMn uaasl~rnd q~nr olba p~cso4. aod no p~rsoa. ostvpt Dor~ow~r. has anr claim il»tMO. ar. ~?i1d th~ aob
sswpNoa of PurcAssK. a W~ aoods:.(~l ao PFelW W~a~ bw M~s mrd~ bp ~ayow: a~1d t~11 ao Mc~oN a cau?t~relatm a such account ~sLb snd ~
no sqnaawat nas bNa a~ad~ wqh anT pK~ca i~sd~z wbics wtr d~ductios ot di~ccust a?ar b~ cWmd. •:ap ~pular alscouna allorrd b1? Dorrowu
~ P~W WY~ats: ~ad (b! ia oonn~etioa writA w~cb contnet ~1qA~ car~r~d b~ IhSa ~qrMrneai: lU ft uWs uod~t as ~:istiaq bfnding wrttyn aoatrac! ~
b~t.rNa ~orrow~r u~d Purchss~r. ts aot ~Hd~ac~d bT as iastruwnt a d?stNi pap~r: aad ~~pr:soats a ba~n~ fid~ vaos~ctiou: (iil tM tuM d Ilcrrow~
te Ih~ ooa~uac! ti9bt Is abrduN: !~U tl?~ cootrael riq11 ha~ ~1 DMa twnsb~r~d 1o aay eth~r p~non. and tw ~»rsoo. ~~ecypt ~arowK. lw aar eLira i
th~nb: lhl no P~+~ Wl~~t Rw bNn mad~ br aa~~: snd h) no a~t<d or eouutttciaim b any aae~ys dw uodor wd? contwet ~~dsb. aad oo i
aqit~m~al haa bun mad~ wleh sor pKSOO uodK wAicl~ anr daducilon or dt~count mar b~ clala~d. ~xap~ rr s~t kxth in 1!w aoatr~cl: aad te1 ia t
oom~ctbn ~r?ith ib tnv~nWr~: ILst Do~EORK 1~ +i?d ~?W E~ lli~ ~bwtnM. O~wau th~~td. eNat d all eocumbrsnas and a~curinr 1at~~aq otbu ~haa : f
th~ Dank's s~cuiit~ int~raf. . i
10. Borco~nt sDalt par Dank auch iul~r~st as may !s~ sp~citid id ~ay ooM ~1IW~4C1At) a kaa or adru?q ioad~ h~r~und~r and ~utA ~tnrip ~
eharqa u msy b~ aqrMd upov? and ahaD pay b Dank aq oo~sts and expsaRe~. includinq atto~n~yi f~. fncurnd bY u ia th~ prw~natb~ o~ ooil~ '
tioa d oo11a1~aL Cbanq~s ia inl~r~s1 cat~ aad strvin ekarqq ~aay bs made by Bank hom Umo ro tieh. nolvrUhstandwq tA~ irtbr~st raN tp~cfii~d j
in anp na~ ~rid~aNaq ~ toan ar advsna h~r~und~r, upoa aak. a 8aro.v.r and ~Latl Moom• .liec+iv os ~A• daa ib.r.ts ap.cl8.d. _
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Il. Dask abatl baw tM'ri9ltts~ an7 tima and hom 11s~ b tla~. ~rttbout aotie~. b: W+PP~Y ~Y P+ri a all d th~ moo~rs in W~ Cs~A
Colktir~l Acoount r~Pt~??i~i9 onlMcufl iams aq~Iast anr liabititr dl bwraw~r b S+Pk. aod Bnnk ahalt upon danaad bp Bortow~~ ~aks t~A •i
appUdtion aQaioat sueh tiabitiqr ar iiabWWa at ~D~wk way Nstli~ s~l~cl: (W ~1M~s b EorrowK~ s~c4 paA ol th~ ieoo~~s ta 8M Caah CoUaNni :
Jlcoount u D~ak ena~ d~tt: (e) charq~ b Hcrmwei
s daposil acaount anr [t~m d paYmwt rnd'u~d b. ihs CaaA ~~CoUatwral Arxouat whk~ is di~- ~
hopor~d br We draw~e or makK UNnoi: (df indorw all iama d piymenl whicb map com~ iaio !b hu?d~ paY~bl~ to Eonower, ootifr. PnrehaNn g:.
t6~t acoouna or aontr~ct riqhu !uw bMa aasignr,d w Eaak. iorward L?reia~ b PuKhas~a. dick~tiuq lkem b. r.uk~ paym~nb to Sank ooaNet all ?
accounts ia its oc Borrowa~'a "nam~. and tak~ ooatrol of aay cash or non•i~s1? ptoc~ds ol accouttta and of auY.b~sattry: 'A compraais~. ~xbad. a
r~rt~w anr ~ocount ar d~a! witb tlN wms as it mar d~ea1 sd~isabb: tq) mtln e:chanqei, sub~tih~tlons or sutrsnd~n ot tolAteral: (1J io~ur~ ia~~a1D~ ~
1o its saliataqlon U Dwrowr laib W do ~o a~ Fay to` tAe saau. and paY. (cr tAs aocouat ot Bortov~er. aay taxay, I~~isst or otb~r ebatq~a atIKRaQ Y
Boirower's invealory.ot upon a~ on aeoouat o! Ws S~curily llqretm~at a anp liabillty or ~op wrritiaq ~videacioq aoy Uablltip.. irhkb HarrowK Wb ~s
to pty. aed ~nr wcl~ paymeat sAsll toosiuut~ ± liabilitr d Borrow~r. ~
lZ. Unti1 d~tault, Bo~row~t may ute its iu~e~bry in aay la~rfu! mann~t not io~onaisient wWi this ~grrQ+sen1 a~x! ~vith th+e tums at insuranca
~hsr~oa: aaay s~q its in~tatar in We ordlwrr cours~ ~ b:uiness: +u~d mar vs~ aud consume aay raw material~ w suppli~s. UM na~ aad coaswRp~
iion o[ whW+ is a~o~aaarr in.order b csrry oa BorrOw~r"s bwineas. ' . _
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13, U-a1 aaY tim~ asy wan~at~r. r~preseauaon. cQrtilicat~ or sta!eneoat oi Bonow~r ia oot tn~. ar U~nq NabititY a anY put a L~Wllm~at ;
eneroot or inta~st. W~~on is uo1 paid whn? dw. W il say ~~sat o1 d~tautt ss d~6u~d in aur na~ or oMe~ wWenc~~ nt 11al~ilitr l+~W bY B~nk abould
occu~. or H Honowir sbould lail b obseivo of perfone aar_ aqr~ement o~ ~erm h~zeol. or ii Dant at ~nr tims fseb ins~cws !a an~ nasen Mrhaha~~r. x
Baalc mar. at i~a optioa. th~r~uNoa or tAaresl~ declare all llabil:ties of Eo~rr~v?~r b Baok. ot an~ o! tAem select~d br Baaic (nw~cithwnd~q snr i
provtsions t!?erooU, immsd3ately due aad payabin wul:os~l demaad.w nwics c.1 aar kind sud ~ samo ~bawpon shaU iatmsdiafehr beoane ~at1 b~ dw >
and payaW~ withoui danaAd or notics tbul with sucA adjus~awn~a. ii aa~• with iosped at 1nMt~r1 os o1Mr eharqas as ma7 M p:orid~d [or ~ tla ;
promis~Y pota ot other wNang ~videneing s~A titbililyi. ~ Eanir :aay w additioa? to ~?Y othu tighb aad reened~es .vhich it map ha~e. immad~LtelY
and wiilwut d~mand, ~ssrcis~ ~ny aad sii the righb avd re?uedFes g+acteci tu a seeured paitr upaa ds/auk undei tAs Unltorm Coaus~cclal Code: and ~
upon r~quest or d~aad d Bank. Jorrow~ shall, tt its e:peFas. esxyrb:e Bc~rro~rer's tnvanlorY and m~b N ar~iLDle to Hauk ii a ea?~~aisat ptap ~
ace~plabi~ lo Oant: and Borruwa~ sAai1 promWlY P+Y n 8ank any anJ a:l costa and e:p~n=es. fnetuding legal e:~ ana ~ooab~. .aana~ra t.e~
ineurred ar paid bY 3ank in prdecting a:.et ea'orcing li.brlitees nnd •~c :~gt.ts o' 2-mk 2~nunder. iatludiag &wk'a r{ght !v Ialu postessioq d Borrowe~s ~
inrealory aad IAs proceeds ot aocouuts. conliaci ric~hta an~ iav~ntor~•. an~ ea h~M, p:epars tor sale. s~l{ and dupose ol sueh inventoty. 11ay neKc~ d ~
sale. dispoaiti~ o: othet lntended action oy isaak: sen~ to Boerowvr at tLe a~dress apecitia~d ia lhe pteam6i~ b tdls aqrse~ntat or suth olber addt~et al ~
Borm~qer u maY trom tkse ~q Eim~ be s},owrn on Baok's ~ecords, at Irast Nve days prier fo such acsiQa, shali consNtute ce~soaabla notip to Hortow~Y:
Uppo dtspasitioa bl? Bink oE il+~7 Pi~~Y w whirb Ba.'uc bas a secutng mterest hetouttdet, ot uoou ooU4:4~a hy Bank ot ths proc~eds ol aooounts.
Bonowr~r sball b~ and »main liable los any delic~encY: aad Sank. shait . account b Bormwet bt aar :urFtus. but dant ahall ha~n. W~ rigAt lo appt1r
aU os ~nY put d such surpiw (or 1o hold tho ssuH u a~esecre agauu?u aU arT anr IiabiliGes ol Borrower b Bank. .whst6er a no1 tl~r. oc aal d `s.
thew. bs theo due. and tn such ocder ut appiic~tw:~ as ean~c may hom eienp b time elect. , ~
. 14. Bprrowtc wai~~s Wotest o! all wmme~cial paper say aw,e held by Hank on which Souor?~r 3a in anY war li~hi~, aoti~ d aoa-paymMSt ~
m
a~ puturity. o! aar.aad aU +Caa+ets. and e~: ept whure :e~~.::: :-d herrby n~ticq o( action taksa by Bank: and .lsrebt ntitiM sed aonlirms what~~et
Sank may do_ " • ~
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15. 2io waiver. b~ Bank d anY de3auit shaii ojw:ase rs a rvaivu ol anq ahei Jefault or o! tb~ same detault on a futur~ oocasbo. No ddaY es ~
omisran or_ ths Fari ot Bani in ~zerrisiuy ang riont w ren:edy .shall ope~at.~ .~s a vraiv~t thsted and tw sfnqU Ot PuUa1 ~:otcW bT Mnk d anT
r.qht or ~emedy sDali prec:ude anp otnar or ::.nh~: eYercise ILereoi or tE.: ucr.asr d any oth~t riqbt or rersedY. ?1m~ It ol the eaF}no~ W thir
aqreemeat The prorisaas o! thfs aqrte~r:en~ ara rum~lativr snd w addibun to ths provbiats o! wr i+abilier and anY AOt~ 0? CWlf writiOq R~Zdencinq s
any lisbilitp secureA Dr this aqretmept. aad Baak a'~a;l~.i~eve aU tAe beaakts. ri:~hfs and HdUldiM o1 and under any liability and an~ not~ ot W1Nt
' writinq evidencu~q iAj WDiIItY a~cured hsrcby. It mcre ~han cne party ai~a:i esecute ihis aqreement. th~ tarm "Borrowe:" slull p~an a11 partias '
I siqninq this agicameat and eacd o! them, and si. sucn parsirs shaU i~ ~cintly aad se~eraUy ubllgated aad tiable hereun~er. 7ks singuler_prooow~, wh~a i
~ used hNrein. sF:ali in~iuc;e the plural. an~3 the neu'e? snat? m:iurie ~~•e r3asr~line and flmiaina.- AU riqAts ot BaAk haroundec shall inur~ ~o thA b~a~!'A ~
; o! its surcesscrs acid assiqns: and aU oL4gatwns ol Barruw~+t ahati bind the ee;is. esecutors. ad~aiaisuators. successo~s and ~siqns ot eade Boaowsr. =
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f .!6. Borrower releasea Bank f~om all dai,ns for loss ur ~arnage wuseei L'~ any [ailuee fo coliect anp acoounl or eoJace any oontr~et right er bp
~ any act ot amiasion on th~ part oi Baok. its otlicers. agenls and empioyeaa. e:cepl willlul miscondnct. .
j9. ?his,agte9ment aay b~ tectainafed bY ei!!~er patty y.ving tba aher wcinan notice ot intentioa to terin~na_e oa a dait namW ~e Nid nWjci~. _
mal[ed 10 1he fast bwwn addtoss of t)w partp b wnom auc~ na~icc is a~.idrosiceci: bui no such termination shali fa any r?ay aN~et ibs rEg11U aad 2
liablllti~s oi iis~ parties hsrew~der relating to loana or advancas mace: accounts. contract i~qhb; invQatery or oWer psopsrir pa~dqed pt"ibr to tbs dtN
nataed in spch ao4os: -
18: Tf~is aqretment:6as bs~a deliv~r~d ia th~ S1ats o! fbcisia and atall be rnnsuued ia acoordanee with tLt laws ot Fiodds. YV6etrer po~-
siblo, yeb ~pto~ision d t~it aqre~ment s6all b~ interpr~t~d in such manner as to be ettsctive and ralid under applicabls law.~ bul it anp pmvision d
this:aqr~~tnt shalY bs pra~lbitsd bY or fn~did undec appiica5le law. a..ch prcvision ahap be inefisctiw b tbe ezleni d sucb pso~'~bitlan or tnraiiditt.
without inritidaW~q ib~ retnaiador of sucA pswrbioa or th~ iemsinirq psovisions ot lhis agreetneat a
II~1 1~1TlIFS3- jF:~EOF. t3is aqrkmest has befa duly e:ecused as ot the daM hetQiasbore litst wcitlea. :
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Signed+ Malid aail~`~~red ia th~ prea~nor ol ` " ?
. DNE SALES, INC. ~
- ~ ~ • ' . ` ~V ;
gq. 's
~ ernar . '
~ ~ ~ ident _ ~
~ ~ - 3~~5,~"jAtteat: . ' ~
~ e es,, r~c. ~ . ~e ry
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ccoapo~ure s~w ~~~9 p!~~~ ~ ' ~
~ - , . - ~ : ( : . Tituaville ~
~ ATiE~T: : ~ ~ 1 ~ 'F'.: . D NATI BANK AT_ : ~
C - - M..K.~.,, - • ~
•'`~_~AL`~.~y _ ~ ~
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~ . ; , kETURI~t . ~..~a.nt
~ . TO s~„~ d
. ~ - : ~N~I~DERSON, NlATHENY & JONES ;
: = R.~~ BOX .
, - = 6526
_ As fo-Baak ~s, '•.;~868 ,r ~j~j'i1QV`~, F(~ ~
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