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SECURITY AGREEMENT

THIS SECURITY AGREEMENT (this “Agreement”), dated as of this day of


Is made by and between STEVEN HILL corporation (the “Debtor”), with an address at 13328 S.
WOODLAWN Blue Island, Illinois, 60472 and Steven Burt Hill (the “Secured Party”), with an
address at c/o 3600 CARNELIAN STREET SUITE 9, LINCOLN, NEBRASKA [68516].

Under the terms hereof, the Secured Party desires to obtain and the Debtor desires to
grant the Secured Party security for all of the Obligations (as hereinafter defined).
NOW, THEREFORE, the Debtor and the Secured Party, intending to be legally bound,
hereby agree as follows:
1. Definitions.
(a) “Collateral” shall include the Debtor’s tangible personal, fixtures, leasehold
improvements, trade fixtures, equipment and other personal property described
on Exhibit “A” attached hereto and made a part hereof (the “Personal
Property”); all general intangibles relating to or arising from the Personal
Property, all cash and non-cash proceeds (including insurance proceeds) of the
Personal Property. All products thereof and all additions and accessions thereto,
substitutions therefor and replacements thereof.

(b) “Collateral Assignment” means that certain Collateral Assignment or Lessee’s


Leasehold interest in Lease, dated as of the date hereof, made by Debtor, as
assignor, for h benefit of Secured Party, as assignee.

(c) “Loan Documents” means the Note (as hereafter defined) the Collateral
Assignment, this Agreement and all other documents and instruments
evidencing, securing or executed in connection therewith.

(d) “Note” means that certain Promissory Note, dated as of the date hereof, made
by Debtor, for the benefit of Secured Party, in the original principal amount of
$100,000,000,000 (e) “Obligations” shall include all debts, liabilities, obligations,
covenants and duties owing from the Debtor to the Secured Party of any kind or
nature, present or future (including any interest accruing thereon after maturity,
or after the filing of any petition in bankruptcy, or the commencement of any
insolvency, reorganization or like proceeding relating to the Debtor, whether or
not a claim for post-filing or post-petition interest is allowed in such proceeding),
whether evidenced by or arising under the Note or this Agreement or, whether
absolute or contingent, joint or several, due or to become due, now existing or
hereafter arising, and all costs and expenses of the Secured Party incurred in the
enforcement, collection or otherwise in connection with any of the foregoing,
including reasonable attorneys’ fees and expenses.

(e) “UCC” means the Uniform Commercial Code, as adopted and enacted and as in
effect from time to time in the state of ILLINOIS Terms used herein Which are
defined in the UCC and not otherwise defined herein shall have the respective
meanings ascribed to such terms in the UCC.

2. Grant of Security Interest. To secure the Obligations, the Debtor, as debtor, hereby
assigns and grants to the Secured Party, as secured party, a continuing lien on and security
interest in the Collateral.
3. Change in Name or Locations. The Debtor hereby agrees that if the location of the
Collateral changes from the locations listed on Exhibit “A” hereto and made part hereof, or
if the Debtor changes its name or form or jurisdiction of organization, or establishes a name
in which it may do Debtor’s chief executive office is listed in the Notice section below.
4. Representations and Warranties. The Debtor represents, warrants and covenants to the
Secured Party that: (a) the Debtor has good, marketable and indefeasible title to the
Collateral, has not made any prior sale, pledge, encumbrance, assignment or other
disposition of any of the Collateral, and the Collateral is free from all encumbrances and
rights of setoff of any kind except the lien in favor of the Secured Party created by this
Agreement: (b) except as herein provided, the Debtor will not hereafter without the
Secured Party’s prior written consent sell, pledge, encumber, assign or otherwise dispose of
any of the Collateral or permit any right of setoff, lien or security interest to exist thereon
except to the Secured Party: and (c) the Debtor will defend the Collateral against all claims
and demands of all persons at any time claiming the same or any interest therein.
5. Debtor’s Covenants. The Debtor covenants that is shall:

(a) From time to time and at all reasonable times allow the Secured Party,
by or through any of its officers, agents, attorneys, or accountants, to
examine or inspect the Collateral, and obtain valuations and audits of
the Collateral, at the Debtor’s expense, wherever located. The Debtor
shall do, obtain, make execute and deliver all such additional and further
acts, things, deeds. Assurances and instruments as the Secured Party
may require to vest in and assure to the Secured Party its rights
hereunder and in or to the Collateral, and the proceeds thereof,
including waivers from landlords, warehousemen and mortgagees:

(b) Keep the Collateral in good order and repair at all times and immediately
notify the Secured Party of any event causing a material loss or decline
in value of the Collateral, whether or not covered by insurance, and the
amount of such loss or depreciation.

(c) Only use or permit the Collateral to be used in accordance with all
applicable federal, state, county and municipal laws and regulations; and

(d) have and maintain insurance at all times with respect to all Collateral
against risks of fire (including so-called extended coverage). Theft,
sprinkler leakage, and other risks (including risk of flood if any Collateral
is maintained at a location in a flood hazard zone) as the Secured Party
may reasonably require, in such form, in the minimum amount of the
outstanding principal of the Note and written by such companies as may
be reasonably satisfactory to the Secured Party. Each such casualty
insurance policy shall contain a standard Lender’s Loss Payable Clause
issued in favor of the Secured Party under which all losses thereunder
shall be paid to the Secured Party as the Secured Party’s interest may
appear. Such policies shall expressly provide that the requisite interest
cannot be altered or canceled without at least thirty (30) days prior
written notice to the Secured Party and shall insure the secured Party
notwithstanding the act or neglect of the Debtor. Upon the Secured
Party’s demand, the Debtor shall furnish the Secured Party with
evidence of insurance as the Secured Party may require. In the event of
failure to provide insurance as herein provided, the Secured Party may,
at its option, obtain such insurance and the Debtor shall pay to the
Secured Party, on demand, the cost thereof, Proceeds of insurance may
be applied b the Secured Party to reduce the Obligations or to repair or
replace Collateral, all I the secured Party’s sole discretion.

(e) If any of the Collateral is, at any time, in the possession of a bailee,
Debtor shall promptly notify Secured Party thereof and, if requested by
Secured Party, shall promptly obtain an acknowledgment from the
bailee, in form and substance satisfactory to Secured Party, that the
bailee holds such Collateral for the benefit of Secured Party and shall act
upon the instructions of Secured Party, without the further consent of
Debtor.

6. Negative Pledge: No Transfer. The Debtor will not sell or offer to sell or otherwise
transfer or grant or allow the imposition of a lien or security interest upon the Collateral or
use any portion thereof in any manner inconsistent with this Agreement or with the terms
and conditions of any policy of insurance thereon.
7. Further Assurances. Debtor hereby irrevocably authorizes Secured Party at any time and
from time to time to file in any Uniform Commercial Code jurisdiction any initial financing
statements and amendments thereto that (a) indicate the Collateral (i) as all assets of
Debtor or words o similar effect, regardless of whether any particular asset comprised in
the Collateral falls within the scope of Article 9 of the Nebraska Uniform Commercial Code
or such jurisdiction, or (ii) as being of an equal or lesser scope or with greater detail, and (b)
contain any other information required by part 5 of Article 9 of the Nebraska Uniform
Commercial Code for he sufficiency or filling office acceptance of any financing statement or
amendment including, but not limited to (i) whether Debtor is an organization, the type of
organization and (ii) any organization identification number issued to Debtor. Debtor agrees
to furnish any such information to Secured Party promptly upon request, Debtor also
ratifies its authorization for Secured Party to have filed in ay Uniform Commercial Code
Jurisdiction any like initial financing statements or amendments thereto if filed prior to the
date hereof.

8. Events of Default. The Debtor shall, at the Secured party’s option, be in default under this
Agreement upon the happening of any of the following events or conditions (each, an
“Event of Default.”): (a) a failure to pay any amount due under the Note or this Agreement
within ten (10) days of the date the same is due; (b) the failure by the debtor to perform
any of its other obligations under this agreement within thirty (30) days of notice from
secured party of the same; (c) falsity, inaccuracy or material breach by the debtor of any
written warranty, representation or statement made or furnished to the secured party by or
on behalf of the debtor;(d) an uninsured material loss ,theft, damage ,or destruction to any
of the collateral, or the entry of any judgment against the debtor or any lien against or the
making of any levy, seizure or attachment of or on the collateral;(e) the failure of the
secured party to have a perfected first priority security interest in the collateral; or (f) any
indication or evidence received by the secured party that the debtor may have directly or
indirectly been engaged in any type of activity which in the secured party’s discretion, might
result in the forfeiture of any property of the debtor to any governmental
entity ,federal ,state or local
9. Remedies . upon the occurrence of any such Event of Default and at any time thereafter,
the secured party may declare all obligations secured hereby immediately due and payable
and shall have, in addition to any remedies provided herein or by any applicable law or in
equity, all the remedies of a secured party under the UCC. The Secured Party’s remedies
include , but are not limited to the extent permitted by law, the right to(a) peaceably by its
own means or with judicial assistance enter the debtor’s premises and take possession of
the collateral without prior notice to the debtor or the opportunity for a hearing (b) render
the collateral unusable. (c) dispose of the collateral on debtor’s premises, and (d)require the
debtor to assemble the collateral and make it available to the secured party at a place
designated by the secured party. Unless the collateral is perishable or threatens to decline
speedily in value or is of a type customarily sold on a recognized market, the secured party
will give the debtor reasonable notice of the time and place of any public sale thereof or of
the time after which any private sale or any other intended disposition thereof is to be
made. The requirements of commercially reasonable notice shall be met if such notice is
sent to the debtor at least five (5) days before the time of the intended sale or disposition.
Expenses of retaking, holding preparing for sale, selling or the like shall include the secured
party’s reasonable attorney’s fees and legal expenses. Incurred or expended by the secured
party to enforce any payment due it under this agreement either as against the debtor or
the prosecution or defense of any action, or concerning any matter growing out of or
connection with the subject matter of this agreement and the collateral pledged hereunder.
The Debtor waives all relief from all appraisement or exemption laws now in force or
hereafter enacted.
10. Payment of Expenses. At its option, the Secured Party may, but is not required to;
discharge taxes, liens, security interests or such other encumbrances as may attach to the
collateral; pay for required insurance on the collateral; and pay for the maintenance,
appraisal or reappraisal and preservation of the collateral, as determined by the secured
party to be necessary. The Debtor will reimburse the secured party on demand for any
payment so made or any expense incurred by the secured party pursuant to the foregoing
authorization, and the collateral also will secure any advances or payments so made or
expenses so incurred by the secured party.
11. Notice. All notices, demands, requests, consents, approvals and other communications
required or permitted hereunder must be in writing and will be effective upon receipt. Such
notices and other communications may be hand-delivered, sent by facsimile transmission
with confirmation of delivery and a copy sent by first-class mail, or sent by nationally
recognized overnight courier service, to a party’s address set forth above or to such other
address as any party may give to other in writing for such purpose.
12. Preservation of rights. No delay or omission on the Secured party’s part to exercise any
right or power arising hereunder will impair any such right or be considered a waiver of any
such right or power. Nor will The Secured party’s action or inaction any such right or power.
The Secured party’s rights and remedies hereunder are cumulative and not exclusive of any
other rights or remedies which the Secured party may have other agreements or in equity.

13. Illegality. in case any one or more of the provisions contained in this agreement should be
invalid or unenforceable in any respect, the validity, legality and enforceability of the
remaining provisions contained herein shall not in any way be affected or impaired or
impaired thereby.
14. Changes in writing. No modification, amendment or waiver of any provision of this
agreement nor consent to any departure by the Debtor therefrom will be effective unless
made in a waiver or consent shall be only in the specific instance and for the purpose for
which given. No notice to or demand in the same, similar or other circumstance.

15. Entire Agreement. This Agreement (including the documents and instruments referred to
herein constitutes the entire agreement and supersedes all other prior agreement and
understandings, both written and oral, between the parties with respect to the subject
matter hereof.

16. Counterparts. This Agreement may be signed in any number of counterpart copies and by
the parties hereto on separate counterpart, but all such copies shall constitute one and the
same instrument. Delivery of an executed counterpart of a signature page to this
agreement by facsimile transmission shall be promptly deliver a manually executing this
Agreement by facsimile transmission shall promptly deliver a manually executed
counterpart provided that failure to do so not affect the validity of the counterpart
executed by facsimile transmission.

17. Successors and assigns. This Agreement will be binding upon and inure to the benefit of
the Debtor and the Secured Party and their respective heirs, executors, administrators,
successors and assign, provided, however, that the Debtor may not assign this Agreement in
whole or in part without the Secured Party’s prior written consent and the Secured Party at
any time may assign this Agreement in whole or in part.

18. Interpretation. In this Agreement, unless the Secured Party and the Debtor otherwise
agree in writing, the singular includes the plural and the plural the singular, words importing
any gender include the other gender; references to statutes are to be construed as
including all statutory provisions consolidating, amending or replacing the statute referred
to, the word “or” shall be deemed to include ”and/or”, the words “including”, “includes”
and “include” shall be deemed to be followed by the words “without limitation”; references
to articles, sections (or subdivisions of sections) or exhibits are to those of this Agreement
unless otherwise indicated. Section headings in agreement are included for convenience of
reference only and shall not constitute a part of this Agreement for any other purpose. If
this Agreement is executed by more than one Debtor, the obligations of such person or
entities will be joint and several.

19. Governing Law and Jurisdiction. This Agreement has been delivered to and accepted by
the Secured Party and will be deemed to be made in the State of NEBRASKA . THIS
AGREEMENT WILL BE INTERPRETED AND THE RIGHT AND LIABILITIED OF THE PARTIES
HERETO DETEMINED IN ACCORDANCE WITH THE LAWS OF THE STATE OF _NEBRASKA_ ,
EXCEPT THAT THE STATE WHERE ANY COLLATERAL IS LOCATED, IF DIFFERENT, SHALL
GOVERN THE CREATION, PERFECTION AND FORECLOSURE OF THE LIENS CREATED
HEREUNDER ON SUCH PROPERTY OR ANY INTEREST THEREIN. The debtor hereby
irrevocably consents to the exclusive jurisdiction of any state or federal court in -
_NEBRASKA_ , provided that nothing contained in this Agreement will prevent the Secured
Party from bringing any action, enforcing any award or judgment or exercising any rights
against the Debtor individually, against any security or against any property of the Debtor
within any other county, state or other foreign or domestic jurisdiction. The Secured Party
and the Debtor. The Debtor waives any objection to venue and any objection based on a
more convenient forum in any action instituted under this Agreement.

20. WAVER OF JURY TRIAL. EACH OF THE DEBTOR AND SECURED PARTY IRREVOCABLY WAIVES
ANY AND ALL RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR
CLAIM OF ANY NATURE RELATING TO THIS AGREEMENT, ANY DOCUMENTS EXECUTED IN
CONNECTION WITH THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATEDIN ANY OF
SUCH DOCUMENTS. THE DEBTOR AND SECURED PARTY ACKNOWLEDGE THAT THE
FOREGOING WAIVER IS KNOWING AND VOLUNTARY.
Dated:_______________, 2022

IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and date first
above written.

Signed___STEVEN BURT HILL______ Dated:________________, 2022


STEVEN BURT HILL(DEBTOR)
Signed:___________________________ Dated:_________________, 2022

Steven burt hill (Secured Party)

NOTARY PUBLIC

State ___________________________ county ___________________________


Subscribed and sworn to before me, a Notary Public, the above signed_________________
This _______ day of _________________, ________ year
_________________________
Notary Public

MY COMMISSION EXPIRES:_________________

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