SECURITY AGREEMENTSecurity Agreement • March 13th, 2017 • Payment Data Systems Inc • Functions related to depository banking, nec • Texas
This Security Agreement (this “Agreement”) is entered into effective as of March 7, 2017 (the “Effective Date”) by and between Singular Payments, LLC, a Florida limited liability company (“Debtor”), and Payment Data Systems, Inc., a Nevada corporation (“Secured Party”).
MEMBERSHIP INTEREST PLEDGE AGREEMENTMembership Interest Pledge Agreement • March 13th, 2017 • Payment Data Systems Inc • Functions related to depository banking, nec • Texas
This Membership Interest Pledge Agreement (this “Agreement”) is executed effective as of March 7, 2017 (the “Effective Date”) by Vaden Landers (“Pledgor”) to Payment Data Systems, Inc., a Nevada corporation (“Lender”).
GUARANTY AGREEMENTGuaranty Agreement • March 13th, 2017 • Payment Data Systems Inc • Functions related to depository banking, nec • Texas
All indebtedness of Borrower to Lender under that certain line of credit promissory note dated as of the effective date hereof in the original principal amount of up to a maximum amount of $500,000.00, executed by Borrower and payable to the order of Lender (the “Note”), together with all renewals and extensions thereof, and together with all interest, attorney’s fees, and court costs for which Borrower may become liable in connection therewith.
