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EXHIBIT 10.6
__________________________________________________________________________________________________________
XXXXXXX/RIVERSIDE PARKWAY INC. FIRST NATIONAL BANK IN PAWHUSKA
0000 X. XXXX, XXXXX 000 000 X XXXX XX XX XXX 000
XXXXX, XX 00000 XXXXXXXX, XX 00000
_____________________________________________________
TAXPAYER I.D. NUMBER: -
_____________________________________________________
DEBTOR'S NAME, ADDRESS AND SSN OR TIN SECURED PARTY'S NAME AND ADDRESS
("I" means each Debtor who signs.) ("You" means the Secured Party, its successors
and assigns.)
___________________________________________________________________________________________________________
I am entering into this security agreement with you on FEBRUARY 10, 1995 (date).
SECURED DEBTS. I agree that this security agreement will secure the payment and performance of the debts,
liabilities or obligations described below that (Check one) [XX] I [ ] (name)
________________________
______________________________________________________________________________________________________
owes(s) to you now or in the future: (Check one below):
[XX] SPECIFIC DEBT(S). The debt(s), liability or obligations evidenced by (describe):
PROMISSORY NOTE DATED 2/10/95 IN THE PRINCIPAL AMOUNT OF $20,060.00 PLUS INTEREST and all
extensions, renewals, refinancings, modifications and replacements of the debt, liability
or obligation.
[ ] All Debt(s). Except in those cases listed in the "LIMITATIONS" paragraph on page 2, each and every
debt, liability and obligation of every type and description (whether such debt, liability or
obligation now exists or is incurred or created in the future and whether it is or may be direct or
indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or
unliquidated, or joint, several or joint and several).
SECURITY INTEREST. To secure the payment and performance of the above described Secured Debts, liabilities
and obligations, I give you a security interest in all of the property described below that I now own
and that I may own in the future (including, but not limited to, all parts, accessories, repairs,
improvements, and accessions to the property), wherever the property is or may be located, and all
proceeds and products from the property.
[ ] INVENTORY: All Inventory which I hold for ultimate sale or lease, or which has been or will be
supplied under contracts of service, or which are raw materials, work in process, or materials
used or consumed in my business.
[ ] EQUIPMENT: All equipment including, but not limited to, all machinery, vehicles, furniture,
fixtures, manufacturing equipment, farm machinery and equipment, shop equipment, office and
recordkeeping equipment, and parts and tools. All equipment described in a list or schedule
which I give to you will also be included in the secured property, but such a list is not
necessary for a valid security interest in my equipment.
[ ] FARM PRODUCTS: All farm products including, but not limited to:
(a) all poultry and livestock and their young, along with their products, produce and
replacements;
(b) all crops, annual or perennial, and all products of the crops; and
(c) all feed, seed, fertilizer, medicines, and other supplies used or produced in my farming
operations.
[ ] ACCOUNTS, INSTRUMENTS, DOCUMENTS, CHATTEL PAPER AND OTHER RIGHTS IN PAYMENT: All rights I have
now and that I may have in the future to the payment of money including, but not limited to:
(a) payment for goods and other property sold or leased or for services rendered, whether or not
I have earned such payment by performance; and
(b) rights to payment arising out of all present and future debt instruments, chattel paper and
loans and obligations receivable.
The above include any rights and interests (including all liens and security interests) which I may
have by law or agreement against any account debtor or obligor of mine.
[ ] GENERAL INTANGIBLES: All general intangibles including, but not limited to, tax refunds,
applications for patents, patents, copyrights, trademarks, trade secrets, good will, trade names,
customer lists, permits and franchises, and the right to use my name.
[ ] GOVERNMENT PAYMENTS AND PROGRAMS: All payments, accounts, general intangibles, or other benefits
(including, but not limited to, payments in kind, deficiency payments, letters of entitlement,
warehouse receipts, storage payments, emergency assistance payments, diversion payments, and
conservation reserve payments) in which I now have and in the future may have any rights or
interest and which arise under or as a result of any preexisting, current or future Federal or
state governmental program (including, but not limited to, all programs administered by the
Commodity Credit Corporation and the ASCS).
[XX] The secured property includes, but is not limited by, the following: ASSIGNMENT OF TRIANGLE BUILDING
LEASE FROM SHADOW MOUNTAIN HOSPITAL INC., TULSA, OKLAHOMA DATED 12/22/94, IN THE AMOUNT OF $51,768.00
EXPIRES 12/31/1997
If this agreement covers timber to be cut, minerals (including oil and gas), fixtures or crops growing or
to be grown, the legal description is:
__________________________________________________________________________________________________________
I am a(n) [ ] individual [ ] partnership I AGREE TO THE TERMS SET OUT ON PAGES 1 AND 2 OF
[XX] corporation THIS AGREEMENT. I have received a copy of this
[ ] ______________________________ document on today's date.
[ ] If checked, file this agreement in the
real estate records.
Record Owner (if not me):_____________________
XXXXXXX/RIVERSIDE PARKWAY INC.
______________________________________________ ____________________________________________________
_____________________________________________. (Debtor's Name)
The property will be used for [ ] personal By:
[XX] business [ ] agricultural _________________________________________________
[ ] ____________________________ reasons. L. XXXXXXX XXXXX, XX.
FIRST NATIONAL BANK IN PAWHUSKA Title: CHAIRMAN
______________________________________________ _____________________________________________
(Secured Party's Name)
By: By:
___________________________________________ _________________________________________________
XXXXXXX X. XXXXXXXXX, PRESIDENT
Title: PRESIDENT Title:
______________________________________ ______________________________________________
@ 1986, 1990 BANKERS SYSTEMS, INC., ST. CLOUD, MN (1-800-397-2341) SECURITY AGREEMENT FORM SA-OK 7/9/91
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