0001493152-17-001718 Sample Contracts

GUARANTY
Guaranty • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS GUARANTY (the “Guaranty”) is executed as of February 15, 2017, by WSI ROCHESTER, INC., a Minnesota corporation (“Guarantor”), for the benefit of TRADITION CAPITAL BANK, a Minnesota banking corporation (“Lender”), with reference to the following facts:

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LOAN AGREEMENT
Loan Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS LOAN AGREEMENT (sometimes hereinafter referred to as Date”), by and between WSI INDUSTRIES, INC., a Minnesota corporation (hereinafter referred “Loan Agreement”) made effective as of this 15th day of February, 2017 (the “Effective to as “Borrower”), and TRADITION CAPITAL BANK, a Minnesota state banking corporation (hereinafter referred to as “Lender”).

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SECURITY AGREEMENT
Security Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS SECURITY AGREEMENT (the “Security Agreement”) is executed as of February 15, 2017, by and between WSI ROCHESTER, INC., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called “Guarantor”) does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called “Lender”), a security interest in the following described property (hereinafter called “Collateral”):

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SECURITY AGREEMENT
Security Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS SECURITY AGREEMENT (the “Security Agreement”) is executed as of February 15, 2017, by and between WSI INDUSTRIES, INC., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called “Borrower”) does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called “Lender”), a security interest in the following described property (hereinafter called “Collateral”):

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Prepared by, and after recording return to: Michelle R. Jester, Esq. Messerli & Kramer P.A.
Combination Mortgage, Security Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota
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