0001193125-10-104552 Sample Contracts

Prepared By/Return To: David B. Williams, Esquire Bush Ross, P.A. Post Office Box 3913 Tampa, Florida 33601 MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS
Mortgage, Security Agreement and Assignment of Rents • May 3rd, 2010 • Aerosonic Corp /De/ • Search, detection, navagation, guidance, aeronautical sys

THIS MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS (“Mortgage”) executed this 30 day of April, 2010, by AEROSONIC CORPORATION, a Delaware corporation (“Mortgagor”), whose address is 1212 North Hercules Avenue, Clearwater, Florida 33765, and the successors and assigns of Mortgagor, including all subsequent grantees, either voluntarily by act of the parties or involuntarily by operation of law, and M & I MARSHALL & ILSLEY BANK (“Mortgagee”), whose address is 501 East Kennedy Blvd., Suite 900, Tampa, Florida 33602, its successors and assigns;

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This Instrument was Prepared By and should be Returned To: David B. Williams, Esquire Bush Ross, P.A. Post Office Box 3913 Tampa, Florida 33601 COLLATERAL ASSIGNMENT OF RENTS AND LEASES
Collateral Assignment of Rents and Leases • May 3rd, 2010 • Aerosonic Corp /De/ • Search, detection, navagation, guidance, aeronautical sys

THIS COLLATERAL ASSIGNMENT OF RENTS AND LEASES (the “Assignment”) is made and entered into the 30 day of April, 2010 by AEROSONIC CORPORATION, a Delaware corporation (the “Assignor”), having an address of 1212 North Hercules Avenue, Clearwater, Florida 33765, in favor of M & I Marshall & Ilsley Bank, and its successors and assigns (hereinafter referred to as the “Assignee”), having an address of 501 East Kennedy Blvd., Suite 900, Tampa, Florida 33602.

SECURITY AGREEMENT
Security Agreement • May 3rd, 2010 • Aerosonic Corp /De/ • Search, detection, navagation, guidance, aeronautical sys • Florida

This Security Agreement is made and entered into as of April 30, 2010, by and among M&I Marshall & Ilsley Bank (the “Bank”) and Avionics Specialties, Inc., a Virginia corporation (“Avionics”), and OP Technologies, Inc., an Oregon corporation (“OP”) (hereinafter separately sometimes referred to as a “Guarantor” and collectively as the “Guarantors”).

LOAN AGREEMENT
Loan Agreement • May 3rd, 2010 • Aerosonic Corp /De/ • Search, detection, navagation, guidance, aeronautical sys • Florida

This Loan Agreement (the “Agreement”), dated as of April 30, 2010, is by and between M&I Marshall & Ilsley Bank (the “Bank”) and Aerosonic Corporation, a Delaware corporation (“Borrower”).

SECURITY AGREEMENT
Security Agreement • May 3rd, 2010 • Aerosonic Corp /De/ • Search, detection, navagation, guidance, aeronautical sys • Florida

This Security Agreement is made and entered into as of April 30, 2010, by and between M&I Marshall & Ilsley Bank (the “Bank”) and Aerosonic Corporation, a Delaware corporation (“Borrower”).

Guaranty Agreement
Guaranty Agreement • May 3rd, 2010 • Aerosonic Corp /De/ • Search, detection, navagation, guidance, aeronautical sys • Florida

This Guaranty Agreement is executed and delivered as of April 30, 2010, by Avionics Specialties, Inc., a Virginia corporation (“Avionics”), and OP Technologies, Inc., an Oregon corporation (“OP”) (hereinafter separately sometimes referred to as a “Guarantor” and collectively as the “Guarantors”), in favor of M&I Marshall & Ilsley Bank (the “Bank”).

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