0000897069-02-000185 Sample Contracts

LOAN AGREEMENT
Loan Agreement • March 4th, 2002 • Badger Paper Mills Inc • Paper mills • Wisconsin
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AND
Credit and Security Agreement • March 4th, 2002 • Badger Paper Mills Inc • Paper mills • Illinois
BUSINESS LOAN AGREEMENT
Business Loan Agreement • March 4th, 2002 • Badger Paper Mills Inc • Paper mills • Wisconsin

THIS BUSINESS LOAN AGREEMENT dated November 30, 2001, is made and executed between BADGER PAPER MILLS, INC. ("Borrower") and WISCONSIN COMMUNITY 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 ("Loan"). Borrower understands and agreed 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, and (B) all such Loans shall be and remain subject to the terms and conditions of this Agreement.

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