0001144204-08-004650 Sample Contracts

SECURITY AGREEMENT
Security Agreement • January 29th, 2008 • Houseraising, Inc. • Electrical work • North Carolina

THIS AGREEMENT, made and entered into as of the 23rd day of January, 2008 by and between Gregory J. Wessling, (hereinafter referred to as "Secured Party"), and HouseRaising, Inc., (hereinafter referred to as “Debtor”).

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COLLATERAL ASSIGNMENT AGREEMENT
Collateral Assignment Agreement • January 29th, 2008 • Houseraising, Inc. • Electrical work • North Carolina

This COLLATERAL ASSIGNMENT AGREEMENT ("Assignment") is made and entered into as of this 23rd day of January, 2008, by and among HouseRaising, Inc., a North Carolina Corporation (the “Company" or “Assignor”), and Gregory J. Wessling, a resident of Mecklenburg County, North Carolina (the "Assignee").

PROMISSORY NOTE AND FOREBEARANCE AGREEMENT
Promissory Note and Forebearance Agreement • January 29th, 2008 • Houseraising, Inc. • Electrical work • North Carolina

FOR VALUE RECEIVED, the undersigned promises to pay to Gregory J. Wessling (hereinafter “Wessling”), the principal sum of Sixteen Thousand Three Hundred Dollars ($16,300.00) with interest from the date hereof at the rate hereinafter set forth on the unpaid principal balance until paid or until default, both principal and interest payable in lawful money of the United States at address on file for Wessling, or at such other place as the legal holder hereof may designate in writing, as follows:

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