SECURITY AGREEMENT – DEPOSIT ACCOUNTSecurity Agreement – Deposit Account • July 12th, 2022 • Zoned Properties, Inc. • Operators of nonresidential buildings • California
THIS SECURITY AGREEMENT – DEPOSIT ACCOUNT (this “Agreement” or “Security Agreement”), dated July 11, 2022, is entered into by and between ZONED ARIZONA PROPERTIES LLC, an Arizona limited liability company (“Grantor” or “Borrower”), with an address of 8360 E. Raintree Dr, Ste. 230, Scottsdale, AZ 85260 and EAST WEST BANK, a California corporation (the “Secured Party” or “Lender”), as follows:
