0001193125-06-105601 Sample Contracts

MORTGAGE AND SECURITY AGREEMENT
Mortgage and Security Agreement • May 9th, 2006 • Kadant Inc • Special industry machinery (no metalworking machinery) • Alabama

THIS MORTGAGE AND SECURITY AGREEMENT (this “Mortgage”), dated as of the 4th day of May, 2006 is made by Kadant Black Clawson Inc., a Delaware corporation (the “Mortgagor”), having a place of business at 7312 Central Parke Boulevard, Mason, Ohio 04540, in favor of CITIZENS BANK OF MASSACHUSETTS, a Massachusetts bank (the “Mortgagee”), having its principal place of business at 28 State Street, Boston, Massachusetts 02109.

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LIMITED GUARANTY
Limited Guaranty • May 9th, 2006 • Kadant Inc • Special industry machinery (no metalworking machinery) • Massachusetts

This GUARANTY (this “Guaranty”) is made as of the 4th day of May, 2006 by the undersigned KADANT JOHNSON INC., a Michigan corporation (the “Guarantor”).

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