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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 •
applied in accordance with the terms of the Term Note Agreement. SECTION 6 EVENTS OF DEFAULT AND REMEDIES 6.1 Remedies. Subject to the terms of the Intercreditor Agreement (as defined in the Term Note Agreement), if an Event of Default under the Term Note Agreement shall occur, the Mortgagee may, without notice of any
A01327888 C4I tv 4.7 Reserved. 4.8 Inspection. Subject to the provisions of Section 10 of the Term Note Agreement, the Grantor shall permit the Mortgagee by its officers or agents to inspect the Mortgage Collateral. including the Aircraft, and the Grantor's documents and records relating thereto, at a
applied in accordance with the terms of the Term Note Agreement. SECTION 6 EVENTS OF DEFAULT AND REMEDIES 6.1 Remedies. Subject to the terms of the Intercreditor Agreement (as defined in the Term Note Agreement), if an Event of Default under the Tenn Note Agreement shall occur, the Mortgagee may, without notice of any
4.7 Reserved. 4.8 Inspection. Subject to the provisions of Section 10 of the Term Note Agreement, the Grantor shall permit the Mortgagee by its officers or agents to inspect the Mortgage Collateral, including the Aircraft, and the Grantor's documents and records relating thereto, at a
applied in accordance with the terms of the Term Note Agreement. SECTION 6 EVENTS OF DEFAULT AND REMEDIES 6.1 Remedies. Subject to the terms of the Intercreditor Agreement (as defined in the Term Note Agreement), if an Event of Default under the Term Note Agreement shall occur, the Mortgagee may, without notice of any
Entities connected to both Mortgagee and the Intercreditor Agreement

Cape Town
LOCATIONthe International Registry
ORGANIZATION
Ghislaine Maxwell
PERSONthe "Secured Party
ORGANIZATIONGRANT, TRANSFER
ORGANIZATION
Cleveland
LOCATIONCertificated Air Carrier
ORGANIZATIONSecurity Documents
ORGANIZATIONFEDERAL COURTS LOCATED
ORGANIZATION
Glenn Dubin
PERSONthe State of New York
LOCATIONGovernmental Authority
ORGANIZATIONHERETO
ORGANIZATIONFlight Options
ORGANIZATION
the United States Government
ORGANIZATIONSTATE OF
ORGANIZATIONSuits for Enforcement
ORGANIZATIONConvention
ORGANIZATIONthe International Registry Regulations
ORGANIZATIONInternational Interest
ORGANIZATION