SATISFACTION OF SECURITY AGREEMENT
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KNOW EVERYONE BY THESE PRESENTS, THAT
COMPUTER OUTSOURCING SERVICES, INC.,
having a principal place of business located at 000 Xxxx 00xx Xxxxxx, Xxx Xxxx,
Xxx Xxxx 00000 does hereby certify that the following Security Agreement IS
PAID and satisfied and does hereby consent that the same be discharged of
record.
SECURITY AGREEMENT dated December 4, 1992 made by DATAFAST, INC., with a
principal place of business located at 000X Xxxxx Xxxxxx Xxxx, Xxxxxxxxxxx,
Xxx Xxxx 00000 to COMPUTER OUTSOURCING SERVICES, INC., with a principal place
of business located at 000 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.
Said Security Agreement being in the principal amount of TWO HUNDRED THOUSAND
DOLLARS ($200,000.00) and which Security Agreement has not been assigned of
record.
Dated: New York, New York
March , 1997
COMPUTER OUTSOURCING SERVICES, INC.
By: Xxxx Xxxxxxxx/Chairman
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Name/Title
State of New York
County of New York
On the 16th day of April, 1997 before me personally came
to me known, who, being by me duly sworn, did depose and say that he resides at
and that he is the Chairman of COMPUTER OUTSOURCING SERVICES, INC.,
the corporation foregoing instrument; that he knows the foregoing instrument;
that he knows the seal of said corporation; that the seal corporate seal; that
it was so affixed that it was so affixed by order of the board of directors of
said corporation and that he signed his name thereto by like order.
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Notary Public
Xxxxxxx Xxxxxxx
Notary Public, State of New York
No. 02CA5024046
Qualified in Westchester County
Commission Expires Feb. 22, 1998
