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COND LIEN AIRCRAFT MORTGAGE AND SECURITY AGREEMENT dated as of December _7_, 2007 made by FLIGHT OPTIONS, LLC in favor of FO FINANCING, LLC as Mortgagee NJ 228,303 800W 0O as SDNY_GM_02758928 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245850 EFTA01330313 A v x o •
eby grants to the Mortgagee a second priority security interest, subject to no other Liens other than FO Financing, LLC, as first lien lender under the First Mortgage, in all right, title and interest of the Grantor in and to the following property, whether now owned or hereafter acquired (herein collectively cal
in Section 2 hereof. "Obligations": such term as defined in the Credit and Security Agreement, including without limitation all amounts due to the Mortgagee arising under or related to this Mortgage. "Parts": at any time, all parts, components, equipment, instruments, appliances, avionics, radio and rad
eby grants to the Mortgagee a second priority security interest, subject to no other Liens other than FO Financing, LLC, as first lien lender under the First Mortgage, in all right, title and interest of the Grantor in and to the following property, whether now owned or hereafter acquired (herein collectively cal
in Section 2 hereof. "Obligation(': such term as defined in the Credit and Security Agreement, including without limitation all amounts due to the Mortgagee arising under or related to this Mortgage. "Parts": at any time, all parts, components, equipment, instruments, appliances, avionics, radio and rad
eby grants to the Mortgagee a second priority security interest, subject to no other Liens other than FO Financing, LLC, as first lien lender under the First Mortgage, in all right, title and interest of the Grantor in and to the following property, whether now owned or hereafter acquired (herein collectively cal
in Section 2 hereof. "Obligations": such term as defined in the Credit and Security Agreement, including without limitation all amounts due to the Mortgagee arising under or related to this Mortgage. "Parts": at any time, all parts, components, equipment, instruments, appliances, avionics, radio and rad
eby grants to the Mortgagee a second priority security interest, subject to no other Liens other than FO Financing, LLC, as first lien lender under the First Mortgage, in all right, title and interest of the Grantor in and to the following property, whether now owned or hereafter acquired (herein collectively cal
Entities connected to both Mortgagee and the First Mortgage

Cape Town
LOCATIONthe "Secured Party
ORGANIZATIONthe International Registry
ORGANIZATION
Cleveland
LOCATIONGRANT, TRANSFER
ORGANIZATION
Ghislaine Maxwell
PERSON
Glenn Dubin
PERSONthe State of New York
LOCATIONSecurity Documents
ORGANIZATIONRegistration Maintenance and Operation
ORGANIZATIONInternational Interest
ORGANIZATIONFO Financing
ORGANIZATIONGovernmental Authority
ORGANIZATIONthe International Registry Regulations
ORGANIZATIONSuits for Enforcement
ORGANIZATIONSTATE OF
ORGANIZATIONHERETO
ORGANIZATIONCertificated Air Carrier
ORGANIZATIONFEDERAL COURTS LOCATED
ORGANIZATION
the United States Government
ORGANIZATION