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ENTAL AIRCRAFT INVENTORY SECURITY AGREEMENT DATE EXECUTED 1022103 FROM FLIGHT OPTIONS LLC - BORROWER DOCUMENT NO. 00028 118 TO OR ASSIGNED TO RAYTHEON AIRCRAFT CREDIT CORP - LENDER DATE RECORDED November 3, TOOT THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: AIRCRAFT (List by rennuation number) I 'MAI . Ni IMRFR INv

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MENTAL AIRCRAFT INVENTORY SECURITY AGREEMENT DATE EXECUTED 1022/03 FROM FLIGHT OPTIONS LLC - BORROWER DOCUMENT NO. QQ0281I8 TO OR ASSIGNED TO RAYTHEON AIRCRAFT CREDIT CORP - LENDER DATE RECORDED November 5, 2003 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: AIRCRAFT (List by registration number) I IOTA,. NI IMRFR I

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NTAL AIRCRAFT INVENTORY SECURITY AGREEMENT DATE EXECUTED 10/22/03 FROM FLIGHT OPTIONS LLC - BORROWER DOCUMENT NO. QQ0281113 TO OR ASSIGNED TO RAYTHEON AIRCRAFT CREDIT CORP - LENDER DATE RECORDED November 5, 2003 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: AIRCRAFT (List by registration numba) I TOTAL NI IMRFR INV

IRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL (S), GIVE LAST NAME, FIRST NAME, AND MIDDLE INITIAL.) RONALD A. ELENBAAS 3.125% OF 100% HICKORY CORNERS, MI 49060 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AN