BUSINESS LOAN AGREEMENTBusiness Loan Agreement • January 6th, 2010 • Premier Financial Bancorp Inc • State commercial banks • West Virginia
THIS BUSINESS LOAN AGREEMENT dated December 30, 2009, is made and executed between Premier Financial Bancorp, Inc. ("Borrower") and FIRST SENTRY BANK ("Lender") on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender's sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
COMMERCIAL PLEDGE AGREEMENTCommercial Pledge Agreement • January 6th, 2010 • Premier Financial Bancorp Inc • State commercial banks • West Virginia
THIS COMMERCIAL PLEDGE AGREEMENT dated December 30, 2009, is made and executed between Premier Financial Bancorp, Inc. ("Grantor") and FIRST SENTRY BANK ("Lender").
