COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • May 23rd, 2017 • Eaco Corp • Wholesale-electronic parts & equipment, nec • Illinois
THIS COMMERCIAL SECURITY AGREEMENT dated May 11, 2017, is made and executed between BISCO INDUSTRIES, INC. ("Grantor") and COMMUNITY BANK ("Lender").
CHANGE IN TERMS AGREEMENTChange in Terms Agreement • May 23rd, 2017 • Eaco Corp • Wholesale-electronic parts & equipment, nec
DESCRIPTION OF EXISTING INDEBTEDNESS. A line of credit evidenced by a Promissory Note dated July 14, 2016 in the original principal amount of $10,000,000.00, with all renewals, modifications, and substitutions including but not limited to all Change in Terms Agreements ("Note").
DEED OF TRUSTDeed of Trust • May 23rd, 2017 • Eaco Corp • Wholesale-electronic parts & equipment, nec • California
THIS DEED OF TRUST is dated May 15, 2017, among BISCO INDUSTRIES, INC., an Illinois corporation whose address is 1500 North Lakeview Avenue, Anaheim, CA 92807 (“Trustor”); COMMUNITY BANK, whose address is ANAHEIM BRANCH, 2300 EAST KATELLA AVENUE, SUITE 125, ANAHEIM, CA 92806 (referred to below sometimes as “Lender” and sometimes as “Beneficiary”); and Community Bank, whose address is Post Office Box 54477, Los Angeles, CA 90054-0477 (referred to below as “Trustee”).
ASSIGNMENT OF LEASES AND RENTSAssignment of Leases and Rents • May 23rd, 2017 • Eaco Corp • Wholesale-electronic parts & equipment, nec • California
THIS ASSIGNMENT OF LEASES AND RENTS dated May 15, 2017, is made and executed between BISCO INDUSTRIES, INC., an Illinois corporation whose address Is 1500 North Lakeview Avenue, Anaheim, CA 92807 (referred to below as "Grantor") and COMMUNITY BANK, whose address is 2300 EAST KATELLA AVENUE, SUITE 125, ANAHEIM, CA 92806 (referred to below as "Lender").
