liates or Pershing (whethbr individually, jointly or otherwise) and shall secure any and all Obligations of each Jo'nt Accountholder to OBSI and its Affiliates ar Pershing. With respect to the lien granted to DBSI and its Affiliates, OBSI (or Pershing. at OBSI's instruction) may, at any time and without prior notice,

liates or Pershing (whethbr individually, jointly or otherwise) and shall secure any and all Obligations of each Jo'nt Accountholder to OBSI and its Affiliates ar Pershing. With respect to the lien granted to DBSI and its Affiliates, OBSI (or Pershing. at OBSI's instruction) may, at any time and without prior notice,

liates or Pershing (whethbr individually, jointly or otherwise) and shall secure any and all Obligations of each Jo'nt Accountholder to OBSI and its Affiliates ar Pershing. With respect to the lien granted to DBSI and its Affiliates, OBSI (or Pershing. at OBSI's instruction) may, at any time and without prior notice,