LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 17th, 2010 • Decorator Industries Inc • Miscellaneous fabricated textile products • Michigan
Contract Type FiledMay 17th, 2010 Company Industry JurisdictionThis Agreement is made this 20th day of April, 2010 by and among Crestmark Bank, a Michigan banking corporation, whose address is 5480 Corporate Drive, Suite 350, Troy, Michigan 48098 ("Crestmark"), and Decorator Industries, Inc. a Pennsylvania corporation ("Borrower") whose chief executive office is located at 10011 Pines Blvd., Pembroke Pines, FL 33024 and William Johnson with an address at 11304 Port Street, Cooper City, FL 33026 and Michael Solomon with and address at 1675 Lakeshore Circle, Weston, FL 33326 (collectively "Validity Guarantor").