PROMISSORY NOTE
Exhibit 10.1
PROMISSORY NOTE
$10,000,000.00 |
| Promissory Note Date: June 11, 2013 |
Date of Advance: (to be inserted by Lender)
FOR VALUE RECEIVED, STELLARIS LLC, a limited liability company organized under the laws of the State of Nevada and having a principal place of business at 26000 Commercentre Drive, Lake Forest, California 92630 (Borrower) hereby promises to pay to the order of FIFTH THIRD BANK, an Ohio banking corporation, for itself and as agent for any affiliate of Fifth Third Bancorp (together with its successors and assigns, the Lender) the principal amount of Ten Million Dollars ($10,000,000.00), with interest at the Interest Rate (as defined below) and all other Obligations on or before June 15, 2018 (Maturity Date) pursuant to the Loan Agreement (as defined below).
Lender and Borrower have entered into that certain Master Loan and Security Agreement dated as of August 31, 2009 (the Loan Agreement), pursuant to which Lender has agreed to make the Loan to Borrower. The Obligations of Borrower are secured by the Collateral as provided in the Loan Agreement and this Note shall be subject to the terms and conditions of the Loan Agreement. Capitalized terms used herein and not otherwise defined shall have the meaning attributed thereto in the Loan Agreement. This Note relates to the Equipment described on Schedule A hereto.
Borrower agrees that Lender may insert the date(s) of Advance (above) after Borrower executes this Promissory Note as the date(s) on which the proceeds of this Note are disbursed by Lender.
As used herein, Interest Rate shall mean the percentage per annum equal to one and 84/100 percent (1.84%); provided, however, that (A) such Interest Rate is based on an interest rate swap rate for a term most closely corresponding to the maturity of this Note as quoted in the Bloomberg SWAP Rate report) as of the date of this Note and (B) if this Note is not funded by Lender on or before June 19, 2013, then such Interest Rate may be adjusted by Lender based upon a corresponding increase in the interest rate swap rate quoted in such Release as in effect on the date of the Advance. Lender will provide Borrower with written notice of any such adjustment. Interest shall be computed on the basis of a year of 360 days consisting of twelve 30-day months, and shall accrue on the outstanding principal amount hereunder from and including the date each Advance is made to but excluding the date the entire principal amount hereunder is paid in full.
Except as otherwise provided in the Loan Agreement, principal and interest due hereunder shall be payable as follows:
Principal and interest shall be payable in 60 equal monthly installments, each on the 15th day of each calendar month, of $174,587.44 commencing on the 15th day of July, 2013, with the entire unpaid principal amount hereof, together with all accrued and unpaid interest, charges, fees or other Advances, if any, due on the Maturity Date. Interest that accrues from the date of each Advance through but not including the above payment commencement date shall be payable in arrears on the fifteenth day of the calendar month following the date of Advance.
Borrower may prepay this Note only (1) pursuant to Section 8 of the Loan and Security Agreement following the occurrence of an Event of Loss; or (2) from and after the first (1st) anniversary of the date the Loan is made hereunder, Borrower may prepay, in whole but not in part, the principal
outstanding hereunder by paying to Lender such outstanding principal, together with all accrued and unpaid interest thereon at the Interest Rate and other Obligations, plus, as liquidated damages for the cost of making funds available to Borrower hereunder and not as a penalty, a prepayment premium equal to the applicable corresponding percentage below multiplied by the principal outstanding at the time of prepayment:
Date of Prepayment (from Date of Advance): |
| Premium |
|
|
|
|
|
Prior to the 1st anniversary |
| 3.00 | % |
On or after the 1st anniversary, but prior to the 2nd anniversary |
| 2.00 | % |
On or after 2nd anniversary, but prior to the 3rd anniversary |
| 1.00 | % |
On or after 3rd anniversary |
| 0.00 | % |
The first anniversary date occurs on the date, which is twelve (12) months from the date of the Advance.
Upon the occurrence of an Event of Default, Lender shall have all the rights and remedies specified in the Loan Agreement.
Borrower waives presentment for payment, demand, notice of demand, notice of nonpayment or dishonor, protest and notice of protest of this Note, and all other notices in connection with the delivery, acceptance, performance, default or enforcement of the payment of this Note.
This Note shall be governed by and construed in accordance with the laws of the State of Ohio. Any judicial proceeding arising out of or relating to this Note may be brought in any court of competent jurisdiction in Hamilton County, Ohio and each of the parties hereto (i) accepts the nonexclusive jurisdiction of such courts and any related appellate court and agrees to be bound by any judgment rendered by any such court in connection with any such proceeding and (ii) waives any objection it may now or hereafter have as to the venue of any such proceeding brought in such court or that such court is an inconvenient forum. EACH OF THE BORROWER AND LENDER HEREBY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY LAWSUIT OR PROCEEDING ARISING OUT OF OR IN ANY WAY RELATING TO THIS NOTE.
All notices delivered hereunder shall be made and delivered in accordance with the terms of the Loan Agreement.
Borrower acknowledges and agrees that time is of the essence with respect to its performance under this Note. Any failure of Lender to require strict performance by Borrower or any waiver by Lender of any provision herein shall not be construed as a consent or waiver of any provision of this Note. This Note shall be binding upon, and inure to the benefit of, the parties hereto, their permitted successors and assigns; provided, however that Borrower may not assign or transfer any of its rights, interest or obligations hereunder without the prior written consent of Lender.
Notwithstanding any provision to the contrary in this Note, in no event shall the interest rate charged on this Note exceed the maximum rate of interest permitted under applicable state and/or federal usury law. Any payment of interest that would be deemed unlawful under applicable law for any reason shall be deemed received on account of, and will automatically be applied to reduce, the principal sum outstanding and any other sums (other than interest) due and payable to Lender under this Note, and the provisions hereof shall be deemed amended to provide for the highest rate of interest permitted under applicable law.
Any provision of this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability shall not invalidate or render unenforceable such provision in any other jurisdiction. Captions are intended for convenience or reference only, and shall not be construed to define, limit or describe the scope or intent of any provisions hereof.
IN WITNESS WHEREOF, the Borrower has executed this Note as of the 11th day of June, 2013.
| BORROWER: | |
|
| |
| STELLARIS LLC | |
|
| |
|
| |
| By: | /s/ Alfons Theeuwes |
| Name: | Alfons Theeuwes |
| Title: | CFO |
SCHEDULE A
TO
PROMISSORY NOTE DATED JUNE 11, 2013
DESCRIPTION OF EQUIPMENT
(SEE ATTACHED)
SCHDULE A FOR PROMISORY NOTE
EQUIP |
| OU OR |
|
|
|
|
| LIEN |
|
|
|
|
|
OU |
| ASSET # |
| YEAR |
| DESCRIPTION |
| AMOUNT |
| SERIAL NUMBER |
| LOCATION |
|
JCG |
| BNC0006 |
| 1980 |
| ROSS MOBILINER 250 - 10 CY |
| 180,000.00 |
| 9024 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| BNC0009 |
| 2001 |
| MG12CP ERIE CONCRETE PLANT |
| 400,000.00 |
| MG-7400 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| CM0113 |
| 1986 |
| C-150-F-VA ROUGH TERRAIN CRANE |
| 30,000.00 |
| GDCC-9548 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| CM0127 |
| 1991 |
| C-150-F ROUGH TERRAIN CRANE |
| 40,000.00 |
| 2000008U-010056 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| CM0138 |
| 1999 |
| GROVE RT530 ROUGH TERRAIN CRANE |
| 70,000.00 |
| 220848 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| CM0139 |
| 2005 |
| GROVE RT530 ROUGH TERRAIN CRANE |
| 95,000.00 |
| 223856 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| CM0142 |
| 2007 |
| GROVE RT530E ROUGH TERRAIN CRANE |
| 145,000.00 |
| 227142 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| CM0146 |
| 2009 |
| IC80-1H BRODERSON CARRY DECK |
| 100,000.00 |
| 615204 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0373 |
| 1978 |
| LINKBELT CRANE CRAWLER |
| 75,000.00 |
| 4E-730 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0438 |
| 1981 |
| LINKBELT CRANE CRAWLER |
| 130,000.00 |
| 21 HI-547-G |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0448 |
| 1988 |
| AMERICAN CRANE CRAWLER |
| 200,000.00 |
| 88006-AT-3442 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0449 |
| 1977 |
| 9270 AMERICAN CRANE-CRAWLER 2 DRUM |
| 200,000.00 |
| GS-19090 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0454 |
| 1991 |
| M50-W MANITOWOC CRANE-CRAWLER |
| 125,000.00 |
| 510677 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0456 |
| 1991 |
| M50-W MANITOWOC CRANE-CRAWLER |
| 125,000.00 |
| 510503 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0466 |
| 2007 |
| 14000 MANITOWOC CRANE-CRAWLER |
| 1,000,000.00 |
| 140001041 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| D0467 |
| 2008 |
| CK1600 KOBELOC CRANE-CRAWLER |
| 600,000.00 |
| GN03-02187 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EB0167 |
| 2006 |
| CAT M318C WHEELED EXCAVATOR |
| 80,000.00 |
| OH2D00647 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EB0174 |
| 2008 |
| CAT 345CL EXCAVATOR |
| 180,000.00 |
| PJW1786 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EB0188 |
| 2008 |
| CAT 325DL EXCAVATOR |
| 125,000.00 |
| SCR00722 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EB0189 |
| 2008 |
| CAT 320DL EXCAVATOR |
| 95,000.00 |
| PAB07453 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EB0192 |
| 2009 |
| 336D CAT EXCAVATOR |
| 200,000.00 |
| W3K00668 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EB0193 |
| 2009 |
| 336D CAT EXCAVATOR |
| 200,000.00 |
| W3K00666 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EB0197 |
| 2010 |
| LIEBHERR R954CHD-976 EXCAVATOR |
| 380,000.00 |
| 28119 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| EP0174 |
| 1998 |
| CAT 3412 GENERATOR |
| 50,000.00 |
| 81Z22804 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| FBS0027 |
| 2006 |
| BIDWELL 4800 SCREED |
| 60,000.00 |
| 48-20061116-2-XB |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| FBS0028 |
| 1999 |
| BIDWELL HD36FT BRIDGE SCREED |
| 30,000.00 |
| 48-99926-2-HD |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| FC0057 |
| 1999 |
| GOMACO TC600 CURE MACHINE |
| 40,000.00 |
| 904400045 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| FS0002 |
| 1990 |
| CMI PS350 CONCRETE PLACER SPREADER |
| 50,000.00 |
| 527050 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| G0453 |
| 2004 |
| CAT 140H MOTOR GRADER |
| 115,000.00 |
| CCA01144 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| G0464 |
| 2008 |
| CAT 140M MOTOR GRADER |
| 190,000.00 |
| B9D01066 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| G0466 |
| 2008 |
| CAT 140M MOTOR GRADER W/GPS |
| 190,000.00 |
| B9D01202 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| G0469 |
| 2008 |
| CAT 140M MOTOR GRADER |
| 190,000.00 |
| B9D00773 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| G0470 |
| 2008 |
| CAT 140M MOTOR GRADER |
| 190,000.00 |
| B9D00729 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| H0044 |
| 1981 |
| D46 HAMMER-DIESEL-DELMAG |
| 30,856.87 |
| 533 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| H0066 |
| 2006 |
| D30 HAMMER-DIESEL-DELMAG |
| 45,000.00 |
| 0604391 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| H0067 |
| 2006 |
| D25-32 HAMMER-DIESEL-DELMAG |
| 45,000.00 |
| 0604414 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| H0073 |
| 2008 |
| HAMMER-DIESEL |
| 45,000.00 |
| 0704493 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| H0074 |
| 2007 |
| D30 HAMMER-DIESEL-DELMAG |
| 40,000.00 |
| 200704497 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LH0084 |
| 2005 |
| CAT 420D BACKHOE IT 4X4 |
| 30,000.00 |
| BLN11510 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LH0085 |
| 2005 |
| CAT 420D BACKHOE IT 4X4 |
| 30,000.00 |
| BLN11837 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LH0093 |
| 2007 |
| CAT 420E BACKHOE IT 4X4 |
| 40,000.00 |
| KMW00929 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LH0094 |
| 2008 |
| CAT 420E BACKHOE IT 4X4 |
| 45,000.00 |
| KMW2381 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LH0103 |
| 2011 |
| BACKHOE 420E |
| 70,000.00 |
| DAN01650 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LW0396 |
| 2006 |
| TH360B CAT FORKLIFT |
| 30,000.00 |
| SLE04849 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LW0401 |
| 2007 |
| HL740 HYUNDAI WHEEL LOADER |
| 45,000.00 |
| LF0210368 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LW0413 |
| 2008 |
| CAT 930H WHEEL LOADER |
| 95,000.00 |
| DHC00601 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LW0414 |
| 2008 |
| CAT 930H WHEEL LOADER |
| 95,000.00 |
| DHC00603 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LW0418 |
| 2008 |
| CAT 930H WHEEL LOADER |
| 95,000.00 |
| DHC00674 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| LW0423 |
| 2008 |
| CAT 930H WHEEL LOADER |
| 95,000.00 |
| DHC00602 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| M0080 |
| 2009 |
| PUGMILL SYSTEMS 500 BASE |
| 200,000.00 |
| 1586-500B-2 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| MC0072 |
| 2007 |
| GOMACO GHP2800 PAVER |
| 500,000.00 |
| 905200-146 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| MC0073 |
| 2005 |
| GOMACO PAVER COMMANDER III |
| 125,000.00 |
| 900100-650 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| PS0007 |
| 2000 |
| CMI MATERIAL PLACER MTP-4004 |
| 100,000.00 |
| 537188 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| R0234 |
| 2005 |
| CAT ROLLER PNUE PS360C |
| 65,000.00 |
| PJF00304 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| RA0142 |
| 1983 |
| CAT ROLLER COMPACTOR 815B |
| 60,000.00 |
| 17Z00402 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| RA0156 |
| 1988 |
| CAT ROLLER COMPACTOR 815B |
| 70,000.00 |
| 17Z00952 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| RA0214 |
| 1999 |
| CAT ROLLER W/SHELL CS563 |
| 35,000.00 |
| 4LN00951 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| RA0215 |
| 1999 |
| CAT ROLLER W/SHELL CS563 |
| 35,000.00 |
| 4LN00912 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| RA0250 |
| 2007 |
| CAT ROLLER W/SHELL CS533 |
| 65,000.00 |
| DAK00617 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| SP0124 |
| 1999 |
| BLAW KNOX ROAD WIDENER RW195 |
| 60,000.00 |
| 19527 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| T0475 |
| 2007 |
| CAT D6N DOZER LGP |
| 115,000.00 |
| ALY03169 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| T0476 |
| 2007 |
| CAT D6N DOZER LGP |
| 115,000.00 |
| ALY03175 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| T0482 |
| 2007 |
| CAT DOZER D5G LGP |
| 50,000.00 |
| RKG02996 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| T0483 |
| 2007 |
| CAT DOZER D5G LGP |
| 50,000.00 |
| RKG03614 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| T0502 |
| 2007 |
| CAT DOZER D5G LGP |
| 50,000.00 |
| RKG03613 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| T0506 |
| 2009 |
| CAT DOZER D6N LGP |
| 160,000.00 |
| DJY01626 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
JCG |
| T0546 |
| 2012 |
| CAT DOZER D6T W/GPS |
| 315,000.00 |
| GMK00698 |
| 37110 Hwy 30, Geismar, LA 70734 |
|
STE |
| 264023 |
| 2007 |
| JLG SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027354 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264027 |
| 2007 |
| JLG SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160029697 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264005 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027192 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264006 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027107 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264007 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027197 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264008 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027316 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264009 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027389 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264010 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027119 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264011 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027185 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264012 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027182 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264013 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027073 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264015 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027386 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264016 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027423 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264017 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027356 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264018 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027229 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264019 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027392 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264020 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027102 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264021 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027188 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264022 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160027396 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264024 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160029703 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264025 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160029694 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264026 |
| 2007 |
| SKYTRAK 10K REACH LIFT |
| 60,000.00 |
| 0160029714 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264014 |
| 2008 |
| JLG SKYTRAK 10K REACH LIFT |
| 70,000.00 |
| 0160033249 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264028 |
| 2008 |
| JLG SKYTRAK 10K REACH LIFT |
| 70,000.00 |
| 0160033258 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
STE |
| 264029 |
| 2008 |
| JLG SKYTRAK 10K REACH LIFT |
| 70,000.00 |
| 0160033256 |
| 26000 Commercentre Drive, Lake Forest CA 92630 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL LIEN AMOUNT |
| 10,455,856.87 |
|
|
|
|
|
|
|
|
|
|
| TOTAL LOAN AMOUNT |
| 10,000,000.00 |
|
|
|
|
|