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t Standards District Office. , ,Zuct4t- for Ken W. Thompson Manager, Aircraft Registration Branch,

ircraft engnes, have at east 550 rated take-off shaft horsepower or its equivalent. Title. Grantor warrants that Grantor is the lawful owner of the Collateral and holds good and me/Natal:4 title to the Collateral, free and Cear of all Encumbrances except the hen of this Agreement. Grantor Is. or concurren

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the Operative Agreements shall be deemed to be performance by Debtor for purposes of this Section 5), Debtor shall operate, maintain and repair the Collateral and retain actual control and possession thereof In accordance with the following provisions: 5a. Debtor shall have complete use of the Collateral

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ngs necessary or desirable. 5. Operation, Maintenance and Repair. Subject to the Governing Documents, Debtor shall operate, maintain and repair the Collateral and retain actual control and possession thereof in accordance with the following provisions: 5a. Subject to the Goveming Documents, Debtor shall ha

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ngs necessary or desirable. 5. Operation, Maintenance and Repair. Subject to the Governing Documents, Debtor shall operate, maintain and repair the Collateral and retain actual control and possession thereof in accordance with the following provisions: 5a. Subject to the Governing Documents, Debtor shall h

ion Flight Standards District Office. for Ken W. Thompson Manager, Aircraft Registration Branch

his Agreement or any other Loan Document, to receive all moneys (including proceeds of insurance) which may become due under any policy insuring the Collateral and all awards payable in connection with the condemnation, requisition or seizure of the Collateral, or any part thereof, to execute proofs of cla

application. This portion MUST be completed. A W. a OVOLNII imps lo Sly Gowan IA SI Catalan ANN t

other Loan Document, to receive all moneys (including, but not limited to, proceeds of insurance) which may become due under any policy insuring the Collateral and all awards payable in connection with the condemnation, requisition or seizure of the Collateral, or any part thereof, to execute proofs of clai

ation Flight Standards District Office. for Ken W. W. Thompson Manager, Aircraft Registration Bran

ipment and parts installed in the Aircraft. IS. Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documents. Grantor may withhold any such payment or may

ation Flight Standards District Office. for Ken W. Thompson Manager, Aircraft Registration Branch,

ipment and parts installed in the Aircraft. 18. Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documents. Grantor may withhold any such payment or may

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xes, insurance premiums, costs and expenses of whatever kind or nature incurred in connection with the creation, preservation and protection of the Collateral and the perfection and first priority of Agent's security interest, security assignment and Lien therein. 2.2 General Obligations. Borrower shall:

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ings necessary or desirable. 5. Operation, Maintenance and Repair. Subject to the Goveming Documents, Debtor shall operate, maintain and repair the Collateral and retain actual control and possession thereof in accordance with the following provisions: 5a. Subject to the Governing Documents, Debtor shall h