0000950134-07-014469 Sample Contracts

SECURITY AGREEMENT
Security Agreement • June 29th, 2007 • Golden Phoenix Minerals Inc /Mn/ • Metal mining • Nevada

THIS SECURITY AGREEMENT (this “Agreement”), dated as of June 12, 2007, is made by and between Golden Phoenix Minerals, Inc., a Minnesota corporation (the “Borrower”), and Crestview Capital Master LLC., a Delaware limited liability company (the “Secured Party”).

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