GENERAL SECURITY AGREEMENT
Date March 30 1995
NAME NO. AND STREET
Major Fleet & Leasing Corp. 00-00 Xxxxxxxx Xxxxxxxxx
XXXX, XXXXXXX OR TOWN XXXXXX XXXXX
Xxxx Xxxxxx Xxxx Xxxxxx Xxx Xxxx 00000
CHIEF EXECUTIVE CIFFICE (I( different from Business Address)-
(Debtor) and
LENDING OFFICE. DEPARTMENT DIVISION
MARINE MIDLAND BANK Xxxxxx/Xxxx Xxxxxx Xxxxxxxxxx.
XXX XXX XXXXXX XXXX XXXXX
000 Xxxxx Xxxxxx Xxxx, Xxxx 000 Xxxxxxxx Xxx Xxxx 00000
(Secured Party) agree as follows:
1. Security Interest. Debtor hereby grants to Secured Party a security interest
(Security Interest) in all property of the following types, wherever located and
whether now owned or hereafter owned or acquired by Debtor, whether or not
affixed to realty, in all Proceeds and Products thereof in any form, in all
part, accessories, attachments, special tools, additions, replacements,
substitutions and accessions thereto or therefor, and in all increases or
profits received therefrom, including, WITHOUT LIMITATION, all property
described in any schedule from time to time delivered by Debtor to Secured
Party: Equipment; Fixtures: Inventory; Accounts; Chattel Paper; Documents;
Instruments; and General Intangibles (Collateral).
2. Indebtedness Secured. The Security Interest secures payment of any and all
indebtedness (Indebtedness) of Debtor to Secured Party, whether now existing or
hereafter incurred, of every kind and character, direct or indirect, and whether
such Indebtedness is from time to time reduced and thereafter increased, or
entirely extinguished and thereafter reincurred including, without limitation:
(a) Indebtedness not yet outstanding, but contracted for, or with respect to
which any other commitment by Secured Party exists; (b) all interest provided in
any instrument, document, or agreement (including this Security Agreement) which
accrues on any Indebtedness until payment of such Indebtedness in full; (c) any
moneys payable as hereinafter provided; and (d) any debts owed or to be owed by
Debtor to others which Secured Party has obtained, or may obtain, by assignment
or otherwise.
3. Representations and Warranties of Debtor. Debtor represents and warrants,
and, so long as this Security Agreement is in effect, shall be deemed
continuously to represent and warrant that: (a) Debtor is the owner of the
Collateral free of all security interests or other encumbrances, except the
Security Interest and except as specified in an appropriate schedule hereto; (b)
Debtor is authorized to enter into this Security Agreement; (c) any and all
tradenames, division names, assumed names or other names under which Debtor
transacts any part of its business are specified in an appropriate schedule
hereto; Debtor's business address and chief executive office are specified above
or on an appropriate schedule hereto; and Debtor's records concerning the
Collateral are kept at one of the addresses specified above; (d) each Account,
General Intangible and Chattel Paper constituting Collateral is genuine and
enforceable in accordance with its terms against the party obligated to pay it
(Account Debtor); and no Account Debtor has any defense, setoff, claim or
counterclaim against Debtor which can be asserted against Secured Party, whether
in any proceeding to enforce the Collateral or otherwise; (e) the amounts
represented from time to time by Debtor to Secured Party as owing by each
Account Debtor or by all Account Debtors will be and are the correct amounts
actually and unconditionally owing by such Account Debtor or Debtors
individually and in the aggregate, except for normal cash discounts where
applicable; (f) each Instrument and each Document constituting Collateral is
genuine and in all respects what it purports to be; and (g) any Collateral which
is a Fixture is affixed to real property at Debtor's address specified above or
as specified in an appropriate schedule hereto, and such real property is owned
by Debtor or by the person or persons named in such schedule and is encumbered
only by the mortgage or mortgages listed on such schedule.
4. Covenants of Debtor. So long as this Security Agreement is in effect. Debtor:
(a) will defend the Collateral against the claims and demands of all other
parties, including, without limitation, defenses, setoffs, claims and
counterclaims asserted by any Account Debtor against Debtor or Secured Party,
except, as to Inventory, purchasers and lessees in the ordinary course of
Debtor's business; will keep the Collateral free from all security interests or
other encumbrances, except the Security Interest and except as specified in an
appropriate schedule hereto; and will not sell, transfer, lease, assign, deliver
or otherwise dispose of any Collateral or any interest therein without the prior
written consent of Secured Party, except that, until the occurrence of an event
of default as specified in paragraph 10 hereof, Debtor may sell or lease
Inventory in the ordinary course of Debtor's business; (b) will furnish to
Secured Party financial statements in such form and at such intervals as Secured
Party shall request; will keep, in accordance with generally accepted accounting
principles consistently applied, accurate and complete books and records,
including, without limitation, records concerning the Collateral; at Secured
Party's request, will xxxx any and all such books and records to indicate the
Security Interest; will permit Secured Party or its agents to inspect the
Collateral and to audit and make extracts from or copies of such books and
records and any of Debtor's ledgers, reports, correspondence or other books and
records; and will duly account to Secured Party's satisfaction, at such time or
times as Secured Party may require, for any of the Collateral; (c) will deliver
to Secured Party upon demand, all Documents and all Chattel Paper (duly endorsed
to Secured Party) constituting, representing or relating to the Collateral or
any part thereof, and any schedules, invoices, shipping documents, delivery
receipts, purchase orders, contracts or other documents representing or relating
to the Collateral or any part thereof; (d) will notify Secured Party promptly in
writing of any change in Debtor's business address or chief executive office,
any change in the address at which records concerning the Collateral are kept
and any change in Debtor's name, identity or corporate or other structure; (e)
will not, wit ' hour Secured Party's written consent, make or agree to make any
alteration, modification or cancellation of. or substitute tion for, or credits,
adjustments or allowances on. Accounts, General Intangibles or Chattel Paper
constituting Collateral; will furnish to Secured Party, on request, all credit
and other information respecting the financial condition of any Account Debtor;
and will notify Secured Party promptly of any default by any Account Debtor in
payment or other performance of obligations with respect to any Collateral; (f)
will keep the Collateral in good condition and repair; and will not use the
Collateral in violation of any provisions of this Security Agreement, of any
applicable statute, regulation or ordinance or of any policy insuring the
Collateral; (g) will pay all taxes, assessments and other charges of every
nature which may be imposed, levied or assessed against Debtor or any of
Debtor's assets, prior to the date of attachment of any penalties or liens with
respect thereto (other than liens attaching prior to payment becoming
L 21315 SF (81W) APS 1002308 (P Marine Midland Banks. Inc 1988
To or to enter into this or any other agreement with Debtor, proves to have been
false in any material respect at the time as of which the facts therein set
forth were stated or certified, or to have omitted any substantial contingent or
unliquidated liability or claim against Debtor or any such Third Party; or, if
upon the date of execution be, if payment is made when due), provided, however,
Debtor shall not be required to pay any such tax, assessment or other charge so
long as its validity is being contested in good faith by appropriate proceedings
diligently conducted; (h) will insure the Collateral against risks, in coverage.
form and amount, and by insurer, satisfactory to Secured Party, and, at Secured
Party's request, will cause each policy to be payable to Secured Party as a
named insured or loss payee, as its interest may appear, and deliver each policy
or certificate of insurance to Secured Party; (i) will prevent the Collateral or
any part thereof from being or becoming an accession to other goods not covered
by this Security Agreement; (ii) in connection herewith, will execute and
deliver to Secured Party such financing statements, assignments and other
documents and do such other things relating to the Collateral and the Security
Interest as Secured Party may request, and pay all costs of title searches and
filing financing statements, assignments and other documents in all public
offices requested by Secured Party; and will not, without the prior written
consent of Secured Party, file or authorize or permit to be filed in any public
office any financing statement naming Debtor as debtor and not naming Secured
Party as secured party; (k) will not place the Collateral in any warehouse which
may issue a negotiable document with respect thereto; and (1) if Secured Party
in its sole discretion and at any time or from time to time determines that the
liquidation value of the Collateral has become inadequate, will immediately on
demand: (i) deliver to Secured Party additional collateral of a kind and value
satisfactory to Secured Party, or (ii) make payments of Indebtedness, sufficient
to cause the relationship of the liquidation value of Collateral to Indebtedness
(including Indebtedness for which a commitment to lend exists) to become
satisfactory to Secured Party.
5. Verification of Collateral. Secured Party shall have the right to verify all
or any Collateral in any manner and through any medium Secured Party may
consider appropriate, and Debtor agrees to furnish all assistance and
information and perform any acts which Secured Party may require in connection
therewith and to pay all of Secured Party's costs therefor.
6. Notification and Payments. Before or after the occurrence of an event of
default, Secured Party may notify all or any Account Debtors of the Security
Interest and may also direct such Account Debtors to make all payments on
Collateral to Secured Party. All payments on and from Collateral received by
Secured Party directly or from Debtor shall be applied to the Indebtedness in
such order and manner and at such time as Secured Party shall, it its sole
discretion, determine. Secured Party may demand of Debtor in writing, before or
after notification to Account Debtors and without waiving in any manner the
Security Interest, that any payments on and from the Collateral received by
Debtor: (a) shall be held by Debtor in trust for Secured Party in the same
medium in which received; (b) shall not be commingled with any assets of Debtor;
and (c) shall be delivered to Secured Party in the form received, properly
endorsed to permit collection, not later than the next business day following
the day of their receipt; and Debtor shall comply with such demand. Debtor shall
also promptly notify Secured Party of the return to or repossession by Debtor of
Goods underlying any Collateral, and Debtor shall hold the same in trust for
Secured Party and shall dispose of the same as Secured Party directs.
7. Registered Holder of Collateral. If any Collateral consists of investment
securities, Debtor authorizes Secured Party to transfer the same or any part
thereof into its own name or that of its nominee so that Secured Party or its
nominee may appear of record as the sole owner thereof; provided, that so long
as no event of default has occurred, Secured Party shall deliver promptly to
Debtor all notices, statements or other communications received by it or its
nominee as such registered owner, and upon demand and receipt of payment of
necessary expenses thereof, shall give to Debtor or its designee a proxy or
proxies to vote and take all action with respect to such securities. After the
occurrence of any event of default, Debtor waives all rights to be advised of or
to receive any notices, statements or communications received by Secured Party
or its nominee as such record owner, and agrees that no proxy or proxies given
by Secured Party to Debtor or its designee as aforesaid shall thereafter be
effective.
B. Income from and Interest on Collateral Consisting of Instruments.
(a) Until the occurrence of an event of default, Debtor reserves the right to
receive all income from or interest on the Collateral consisting of Instruments,
and if Secured Party receives any such income or interest prior to such event of
default, Secured Party shall pay the same promptly to Debtor.
(b) Upon the occurrence of an event of default, Debtor will not demand or
receive any income from or interest on such Collateral, and if Debtor receives
any such income or interest without any demand by it, same shall be held by
Debtor in trust for Secured Party in the same medium in which received, shall
not be commingled with any assets of Debtor and shall be delivered to Secured
Party in the form received, properly endorsed to permit collection, not later
than the next business day following the day of its receipt. Secured Party may
apply the net cash receipts from such income or interest to payment of any of
the Indebtedness provided that Secured Party shall account for and pay over to
Debtor any such income or interest remaining after payment in full of the
Indebtedness.
9. Increases, Profits, Payments or Distributions.
(a) Whether or not an event of default has occurred, Debtor authorizes Secured
Party: (i) to receive any increase in or profits on the Collateral (including,
without limitation, any stock issued as a result of any stock split or dividend,
any capital distributions and the like), and to hold the same as part of the
Collateral; and (ii) to receive any payment or distribution on the Collateral
upon redemption by, or dissolution and liquidation of, the issuer; to surrender
such Collateral or any part thereof in exchange therefor; and to hold the net
cash receipts from any such payment or distribution as part of the Collateral.
(b) If Debtor receives any such increase, profits, payments or distributions,
Debtor will receive and deliver same promptly to Secured Party on the same terms
and conditions set forth in paragraph 8(b) hereof respecting income or interest,
to be held by Secured Party as part of the Collateral.
10. Events of DefaulL
(a) Any of the following events or conditions shall constitute an event of
default hereunder: (i) nonpayment when due, whether by acceleration or
otherwise, of principal of or interest on any Indebtedness, or default by Debtor
in the performance of any obligation, term or condition of this Security
Agreement or any other agreement between Debtor and Secured Party; (ii) death or
judicial declaration of incompetency of Debtor, if an individual; (iii) the '
filing by or against Debtor of a request or petition for liquidation.
reorganization. arrangement, adjustment of debts, adjudication as a bankrupt,
relief as a debtor or other relief under the bankruptcy, insolvency or similar
laws of the United States or any state or territory thereof or any foreign
jurisdiction. now or hereafter in effect; v) the making of any general
assignment by Debtor for the benefit of creditors; the appointment of a receiver
or trustee for Debtor or for any assets of Debtor, including, without
limitation, the appointment of or taking possession by a "custodian", as defined
in the federal Bankruptcy Code; the making of any, or sending notice of any
intended, bulk sale; or the institution by or against Debtor of any other type
of insolvency proceeding (under the federal Bankruptcy Code or otherwise) or of
any formal or informal proceeding for the dissolution or liquidation of,
settlement of claims against or winding up of affairs of, Debtor; (v) the sale,
assignment, transfer or delivery of all or substantially all of the assets of
Debtor; the cessation by Debtor as a going business concern; the entry of
judgment against Debtor, other than a judgment for which Debtor is fully
insured, if ten days thereafter such judgment is not satisfied, vacated, bonded
or stayed pending appeal; or if Debtor is generally not paying Debtor's debts as
such debts become due; (vi) the occurrence of any event described in paragraph
10(a) (ii), (iii), (iv) or (v) hereof with respect to any endorser, guarantor or
any other party liable for, or whose assets or any interest therein secures,
payment of any Indebtedness (Third Party), or the occurrence of any such event
with respect to any general partner of Debtor, if Debtor is a partnership; (vii)
if any certificate, statement, representation. warranty or audit heretofore or
hereafter furnished by or on behalf of Debtor or any Third Party, pursuant -to
or in connection with this Security Agreement, or otherwise (including, without
limitation, representations and warranties contained herein), or as an
inducement to Secured Party to extend any credit to to or to or to enter into
this or any other agreement with Debtor, proves to have been false in any
material respect at the time as of which the facts therein set forth were stated
or certified, or to have omitted any substantial contingent or unliquidated
liability or claim against Debtor or any such Third Party; or. if upon the date
of execution
L 205 SF (8/88)
I
of this Security Agreement. there shall have been any materially adverse change
in any of the facts disclosed by any such certificate, statement,
representation, warranty or audit, which change shall not have been disclosed in
writing to Secured Party at or prior to the time of such execution; (viii)
nonpayment by Debtor when due of any indebtedness for borrowed money owing to
any Third Party, or the occurrence of any event which could result in
acceleration of payment of any such indebtedness; or (ix) the reorganization,
merger or consolidation of Debtor (or the making of any agreement therefor)
without the prior written consent of Secured Party.
(b) Secured Party, at its sole election, may declare all or any part of any
Indebtedness not payable on demand to be immediately due and payable without
demand or notice of any kind upon the happening of any event of default (other
than an event of default under either paragraph 10(a) (iii) or (iv) hereof), or
if Secured Party in good faith believes that the prospect of payment of all or
any part of the Indebtedness or performance of Debtor's obligations under this
Security Agreement or any other agreement now or hereafter in effect between
Debtor and Secured Party is impaired. All or any part of any Indebtedness not
payable on demand shall be immediately due and payable without demand or notice
of any kind upon the happening of one or more events of default under paragraph
10(a) (iii) or (iv) hereof. The provisions of this paragraph are not intended in
any way to affect any rights of Secured Party with respect to any Indebtedness
which may now or hereafter be payable on demand.
(c) Secured Party's rights and remedies with respect to the Collateral shall be
those of a Secured Party under the Uniform Commercial Code and under any other
applicable law, as the same may from time to time be in effect. in addition to
those rights granted herein and in any other agreement now or hereafter in
effect between Debtor and Secured Party. Upon the existence or occurrence of an
event of default, Secured Party may require Debtor to assemble the Collateral
and make it available to Secured Party at a place or places designated by
Secured Party, and Secured Party may use and operate the Collateral.
(d) Without in any way requiring notice to be given in the following time and
manner, Debtor agrees that any notice by Secured Party of sale, disposition or
other intended action hereunder or in connection herewith, whether required by
the Uniform Commercial Code or otherwise, shall constitute reasonable notice to
Debtor if such notice is mailed by regular or certified mail, postage prepaid,
at least five (5) days prior to such action, to either of Debtor's addresses
specified above or to any other address which Debtor has specified in writing to
Secured Party as the address to which notices hereunder shall be given to
Debtor.
(e) Debtor agrees to pay on demand all costs and expenses incurred by Secured
Party in enforcing this Security Agreement. in realizing upon or protecting any
Collateral and in enforcing and collecting any Indebtedness or any guaranty
thereof, including, without limitation, if Secured Party retains counsel for
advice, suit, appeal, insolvency or other proceedings under the federal
Bankruptcy Code or otherwise, or for any of the above purposes. the actual
attorney's fees incurred by Secured Party. Payment of all sums hereunder is
secured by the Collateral.
11. Miscellaneous.
(a) Debtor hereby authorizes Secured Party, at Debtor's expense, to file such
financing statement or statements relating to the Collateral without Debtor's
signature thereon as Secured Party at its option may deem appropriate, and
appoints Secured Party as Debtor's attorney-in-fact (without requiring Secured
Party) to execute any such financing statement or statements in Debtor's name
and to perform all other acts which Secured Party deems appropriate to perfect
and continue the Security Interest and to protect, preserve and realize upon the
Collateral. This power of attorney shall not be affected by the subsequent
disability or incompetence of Debtor.
(b) Secured Party may demand, collect and xxx on any of the Accounts, Chattel
Paper, Instruments and General Intangibles (in either Debtor's or Secured
Party's name at the latter's option); may enforce, compromise, settle or
discharge such Collateral without discharging the Indebtedness or any part
thereof; and may endorse Debtor's name on any and all checks, commercial paper,
and any other Instruments pertaining to or constituting Collateral.
(c) (i) As further security for payment of the Indebtedness, Debtor hereby
grants to Secured Party a Security Interest in and lien on any and all property
of Debtor which is or may hereafter be in the possession or control of Secured
Party in any capacity or of any Third Party acting on its behalf, including,
without limitation, all deposit and other accounts and all moneys owed or to be
owed by Secured Party to
Debtor; and with respect to all of such property, Secured Party shall have the
same rights hereunder as it has with respect to the Collateral; (ii) without
limiting any other right of Secured Party, whenever Secured Party has the right
to declare any Indebtedness to be immediately due and payable (whether or not it
has so declared), Secured Party at its sole election may set off against the
Indebtedness any and all moneys then or thereafter owed to Debtor by Secured
Party in any capacity, whether or not the Indebtedness or the obligation to pay
such moneys owed by Secured Party is then due, and Secured Party shall be deemed
to have exercised such right of set off immediately at the time of such election
even though any charge therefor is made or entered on Secured Party's records
subsequent thereto.
(d) Upon Debtor's failure to perform any of its duties hereunder, Secured Party
may. but shall not be obligated to, perform any or all such duties, including,
without limitation, payment of taxes, assessments, insurance and other charges
and expenses as herein provided, and Debtor shall pay an amount equal to the
cost thereof to Secured Party on -demand by Secured Party. Payment of all moneys
hereunder shall be secured by the Collateral.
(e) Unless any instrument, document, or agreement evidencing any Indebtedness
expressly provides a rate for the accrual of interest after such Indebtedness
becomes due, the rate at which interest on such Indebtedness shall accrue after
such Indebtedness becomes due, whether by reason of default or otherwise and
until such Indebtedness is paid in full, shall be the rate provided in such
instrument. document. or agreement which is in effect immediately prior to such
Indebtedness becoming due.
(0 No course of dealing between Debtor and Secured Party and no delay or
omission by Secured Party in exercising any right or remedy hereunder or with
respect to any Indebtedness shall operate as a waiver thereof or of any other
right or remedy, and no single or partial exercise thereof shall preclude any
other or further exercise thereof or the exercise of any other right or remedy.
Secured Party may remedy any default by Debtor hereunder or with respect to any
Indebtedness in any reasonable manner without waiving the default remedied and
without waiving any other prior or subsequent default by Debtor. All rights and
remedies of Secured Party hereunder are cumulative.
(g) Secured Party shall have no obligation to take, and Debtor shall have the
sole responsibility for taking, any and all steps to preserve rights against any
and all prior parties to any Instrument or Chattel Paper constituting Collateral
whether or not in Secured Party's possession. Secured Party shall not be
responsible to Debtor for loss or damage resulting from Secured Party's failure
to enforce or collect any such Collateral or to collect any moneys due or to
become due thereunder. Debtor waives protest of any Instrument constituting
Collateral at any time held by Secured Party on which Debtor is in any way
liable and waives notice of any other action taken by Secured Party.
(h) Debtor authorizes Secured Party, without notice or demand and without
affecting Debtor's obligations hereunder, from time to time: (i) to exchange,
enforce or release any collateral or any part thereof (other than the
Collateral) taken from any party for payment of the Indebtedness or any part
thereof; (ii) to release, substitute or modify any obligation of any endorser.
guarantor or other party in any way obligated to pay the Indebtedness or any
part thereof, or any party who has given any security, mortgage or other
interest in any other collateral as security for the payment of the Indebtedness
or any part thereof; (iii) upon the occurrence of any event of default as
hereinabove provided, to direct the order or manner of disposition of the
Collateral and any and all other collateral and the enforcement of any and all
endorsements, guaranties and other obligations relating to the Indebtedness or
any part thereof. as Secured Party, in its sole discretion, may determine; and
(iv) to determine how, when and what application of payments and credits, if
any. shall be made on the Indebtedness or any part thereof.
L 205 SF OM)
The rights and benefits of Secured Party hereunder shall, if Secured Party so
directs, inure to any party acquiring any interest in the Indebtedness or any
part thereof.
(j) Secured Part- of those parties.
(j) Secured Party and Debtor as used herein shall include the heirs, executors
or administrators, or successors or assigns, of those parties.
parties.
and their obligations, warranties and representations hereunder shall be joint
and several.
(l) No modification, rescission, waiver, release or amendment of any provision
of this Security Agreement shall be made, except by a written agreement
subscribed by Debtor and by a duly authorized officer of Secured Party.
(m) This Security Agreement and the transaction evidenced hereby shall be
construed under the laws of New York State, as the same may from time to time be
in effect.
(n) All terms, unless otherwise defined in this Security Agreement, shall have
the definitions set forth in the Uniform Commercial Code adopted in New York
State, as the same may from time to time be in effect.
(o) Debtor hereby irrevocably appoints Secured Party the Debtor's agent with
full power, in the same manner, to the same extent and with the same effect as
if Debtor were to do the same: to receive and collect all mail addressed to
Debtor; to direct the place of delivery thereof to any location designated by
Secured Party; to open such mail; to remove all contents therefrom; to retain
all contents thereof constituting or relating to the Collateral; and to perform
all other acts which Secured Party deems appropriate to protect, preserve and
realize upon the Collateral. The agency hereby created is unconditional and
shall not terminate until all of the Indebtedness is paid in full and until all
commitments by Secured Party to lend funds to Debtor have expired or been
terminated. This power of attorney shall not be affected by the subsequent
disability or incompetence of Debtor.
(p) This Security Agreement is and is intended to be a continuing Security
Agreement and shall remain in full force and effect until the officer in charge
of the Lending Office, Department or Division of Secured Party indicated above
shall actually receive from Debtor written notice of its discontinuance;
provided, however, this Security Agreement shall remain in full force and effect
thereafter until all of the Indebtedness outstanding, or contracted or committed
for (whether or not outstanding), before the receipt of such notice by Secured
Party, and any extensions or renewals thereof (whether made before or after
receipt of such notice), together with interest accruing thereon after such
notice, shall be finally and irrevocably paid in full. If, after receipt of any
payment of all or any part of the Indebtedness, Secured Party is for any reason
compelled to surrender such payment to any person or entity, because such
payment is determined to be void or voidable as a preference, impermissible
setoff, or a diversion of trust funds, or for any other reason, this Security
Agreement shall continue in full force notwithstanding any contrary action which
may have been taken by Secured Party in reliance upon such payment, and any such
contrary action so taken shall be without prejudice to Secured Party's rights
under this Security Agreement and shall be deemed to have been conditioned upon
such payment having become final and irrevocable.
(k) If more than one Debtor executes this Security Agreement, the term "Debtor"
shall include each as well as all of them
DEBTOR:
Major Fleet & Leasing Corp.
BY: /s/ Xxxxx Xxxxxxx
Xxxxx Xxxxxxx, President
SCHEDULE
1. Other encumbrances, if any (Par. 3a, 4a):
2. Other names under which Debtor transacts business (Par 3c):
3. (a) Fixtures affixed to real property (Par 3g):
(b) Owner of such real property (Par 3g):
(c) Mortgages on real property (Par 3g):
4. Additional schedules describing Collateral, if any, follow hereafter (Par 1).
L 205 SF (&188)
