Common Contracts

2 similar Security Agreement contracts by Wsi Industries, Inc.

SECURITY AGREEMENT
Security Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS SECURITY AGREEMENT (the “Security Agreement”) is executed as of February 15, 2017, by and between WSI ROCHESTER, INC., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called “Guarantor”) does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called “Lender”), a security interest in the following described property (hereinafter called “Collateral”):

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SECURITY AGREEMENT
Security Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS SECURITY AGREEMENT (the “Security Agreement”) is executed as of February 15, 2017, by and between WSI INDUSTRIES, CO., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called “Guarantor”) does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called “Lender”), a security interest in the following described property (hereinafter called “Collateral”):

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