Description
Exhibit 10.2
| Banc of America Leasing & Capital, LLC |
| Equipment Security Note Number 70001 |
This Equipment Security Note No. 70001, dated as of December 21, 2011, (this “Equipment Note”), is entered into pursuant to and incorporates by this reference all of the terms and provisions of that certain Master Loan and Security Agreement No. 23404-70000 dated as of December 21, 2011 (the “Master Agreement”), by and between Banc of America Leasing & Capital, LLC (“Lender”) and Arb, Inc. (“Co-Borrower”), Stellaris LLC (“Co-Borrower”) and Rockford Corporation (“Co-Borrower”) (each a Co-Borrower herein, together referred to as “Borrower”). All capitalized terms used herein and not defined herein shall have the respective meanings assigned to such terms in the Master Agreement. If any provision of this Equipment Note conflicts with any provision of the Master Agreement, the provisions contained in this Equipment Note shall prevail. Borrower hereby authorizes Lender to insert the serial numbers and other identification data of the Equipment, dates, and other omitted factual matters or descriptions in this Equipment Note.
The occurrence of an “Event of Default,” as defined in the Master Agreement, shall entitle Lender to accelerate the maturity of this Equipment Note and to declare the Prepayment Amount to be immediately due and payable, and to proceed at once to exercise each and every one of the remedies provided in the Master Agreement or otherwise available at law or in equity. All of Borrower’s Obligations under this Equipment Note are absolute and unconditional, and shall not be subject to any offset or deduction whatsoever. Borrower waives any right to assert, by way of counterclaim or affirmative defense in any action to enforce Borrower’s Obligations hereunder, any claim whatsoever against Lender.
1. Equipment Financed; Equipment Location; Grant of Security Interest. Subject to the terms and provisions of the Master Agreement and as provided herein, Lender is providing financing in the principal amount described in Section 2 below to Borrower in connection with the acquisition or financing of the following described Equipment:
| Quantity |
| Description |
| Serial Number |
| Cost | |
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| See Exhibit A attached hereto and made a part hereof |
| $ | 15,000,000.00 |
Location of Equipment. The Equipment will be located or (in the case of over-the-road vehicles) based at the following locations:
| Location |
| Address |
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| State |
| ZIP |
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| See Exhibit A attached hereto and made a part hereof |
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Borrower has agreed and does hereby grant a security interest in and to the Equipment and the Collateral related thereto, whether now owned or hereafter acquired and wherever located, in order to secure the payment and performance of all Obligations owing to Lender, including but not limited to this Equipment Note, all as more particularly provided in the Master Agreement. Lender’s agreement to provide the financing contemplated herein shall be subject to the satisfaction of all conditions established by Lender and Lender’s prior receipt of all required documentation in form and substance satisfactory to Lender in its sole discretion.
2. Payments. For value received, Borrower promises to pay to the order of Lender, the principal amount of $15,000,000.00, together with interest thereon as provided herein. This Equipment Note shall be payable by Borrower to Lender in sixty (60) consecutive monthly, installments of principal and interest (the “Payments”) commencing on January 23, 2012 (the “Initial Payment”) and continuing thereafter through and including December 23, 2016 (the “Maturity Date”) (collectively, the “Equipment Note Term”). Each Payment shall be in the amount provided below, and due and payable on the same day of the month as the Initial Payment set forth above in each succeeding payment period (each, a “Payment Date”) during Equipment Note Term. All interest hereunder shall be calculated on the basis of a year of 360 days comprised of 12 months of 30 days each. The final Payment due and payable on the Maturity Date shall in any event be equal to the entire outstanding and unpaid principal amount of this Equipment Note, together with all accrued and unpaid interest, charges and other amounts owing hereunder and under the Master Agreement.
(a) Interest Rate. Interest shall accrue on the entire principal amount of this Equipment Note outstanding from time to time at a fixed rate of two and 16/100 percent (2.16%) per annum or, if less, the highest rate of interest permitted by applicable law (the “Interest Rate”), from the date hereof until the principal amount of this Equipment Note is paid in full, and shall be due and payable on each Payment Date.
(b) Payment Amount. The principal and interest amount of each Payment shall be $263,967.67.
1
3. Prepayment. Borrower may prepay all (but not less than all) of the outstanding principal balance of this Equipment Note on a scheduled Payment Date occurring after one (1) year from the date hereof upon 30 days prior written notice from Borrower to Lender, provided that any such prepayment shall be made together with (a) all accrued interest and other charges and amounts owing hereunder through the date of prepayment, and (b) a prepayment charge calculated as follows: two percent (2.0%) of the amount prepaid during months thirteen (13) through twenty-four (24), one percent (1.0%) of the amount prepaid during months twenty-five (25) through thirty-six (36), and no prepayment penalty thereafter; provided, however, that, if any prepayment of this Equipment Note is made following an Event of Default, by reason of acceleration or otherwise, the prepayment charge shall be calculated based upon the full original Equipment Note Term.
4. Borrower Acknowledgements. Upon delivery and acceptance of the Equipment, Borrower shall execute this Equipment Note evidencing the amounts financed by Lender in respect of such Equipment and the Payments of principal and interest hereunder. By its execution and delivery of this Equipment Note, Borrower:
(a) reaffirms of all of Borrower’s representations, warranties and covenants as set forth in the Master Agreement and represents and warrants that no Default or Event of Default under the Master Agreement exists as of the date hereof;
(b) represents, warrants and agrees that: (i) the Equipment has been delivered and is in an operating condition and performing the operation for which it is intended to the satisfaction of Borrower; (ii) each item of Equipment has been unconditionally accepted by Borrower for all purposes under the Master Agreement and this Equipment Note; and (iii) there has been no material adverse change in the operations, business, properties or condition, financial or otherwise, of Borrower or any Guarantor since September 30, 2011;
(c) authorizes and directs Lender to advance the principal amount of this Equipment Note to reimburse Borrower or pay Vendors all or a portion of the purchase price of Equipment in accordance with Vendors’ invoices therefor, receipt and approval of which are hereby reaffirmed by Borrower; and
(d) agrees that Borrower is absolutely and unconditionally obligated to pay Lender all Payments at the times and in the manner set forth herein.
5. Registration.
(a) All items of Equipment that are motor vehicles shall at all times be registered and titled as follows:
| (A) | Registered Owner: | Arb, Inc. |
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| 26000 Commercenter Drive |
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| Lake Forest, CA 92630 |
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| Stellaris LLC |
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| 26000 Commercenter Drive |
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| Lake Forest, CA 92630 |
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| Rockford Corporation |
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| 4821 N.E. 100th |
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| Portland, OR 97220 |
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| (B) | Lienholder: | Banc of America Leasing & Capital, LLC |
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| 2059 Northlake Parkway, 3rd Floor |
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| Tucker, GA 30084 |
(b) Borrower shall be responsible for the correct titling of all such items of Equipment. Borrower shall cause the original certificates of title to be delivered to Lender for retention in Lender’s files throughout the term of the Equipment Note All costs of such registration and licensing are for the account of Borrower.
2
| BANC OF AMERICA LEASING & CAPITAL, LLC |
| Co-Borrower: ARB, INC. | |||||
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| By: | /s/ Freda Akuffo |
| By: | /s/ Alfons Theeuwes | |||
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| Printed Name: Alfons Theeuwes | ||||
| Printed Name: | Freda Akuffo |
| Title: Chief Financial Officer | ||||
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| Title: | Assistant Vice President |
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| Co-Borrower: STELLARIS LLC | |||||
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| By: | /s/ Alfons Theeuwes | ||||
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| Printed Name: Alfons Theeuwes | |||||
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| Title: Chief Financial Officer | |||||
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| Co-Borrower: ROCKFORD CORPORATION | |||||
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| By: | /s/ Scott Summers | ||||
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| Printed Name: Scott Summers | |||||
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| Title: Vice President | |||||
3
Exhibit A
Arb, Inc., Stellaris LLC and
Rockford Corporation (Co-Borrowers)
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| Borrowers: |
| Arb, Inc., Stellaris LLC and Rockford Corporation |
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| Master Loan and Security Agreement Number: |
| 23403-70000 |
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| Equipment Security Note Number: |
| 7001 |
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| Equipment Location: |
| Arb, Inc.-26000 Commercentre Drive, Lake Forest, CA 92630 |
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| Stellaris LLC-26000 Commercentre Drive, Lake Forest, CA 92630 |
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| Rockford Corp.-17860 State Route 706, Montrose, PA 18801 |
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| OWNER |
| CAT DESC |
| EQUIPMENT DESCRIPTION |
| S/N |
| EQUIPMENT | ||
| ARB |
| CRAWLER DOZER W/RIPPER |
| 2005 CAT D8T DOZER RIPPER |
| KPZ00817 |
| $ | 325,911.47 | |
| ARB |
| CRAWLER DOZER W/WINCH |
| 2005 CAT D8T DOZER WINCH |
| KPZ00859 |
| $ | 325,911.47 | |
| ARB |
| PIPELAYER- 583 SIZE |
| 1977 CAT 583K PIPELAYER W/WINCH |
| 78V00629 |
| $ | 154,725.88 | |
| ARB |
| PIPELAYER- 583 SIZE |
| 1979 CAT 583K PIPELAYER |
| 78V00899 |
| $ | 154,725.88 | |
| ARB |
| PIPELAYER- 583 SIZE |
| 1981 CAT 583K PIPELAYER W/WINCH |
| 78V00999 |
| $ | 154,725.88 | |
| ARB |
| EXCAVATOR- CAT 315 SIZE |
| 2004 CAT 320CLU EXCAVATOR |
| PAC00453 |
| $ | 84,976.89 | |
| ARB |
| EXCAVATOR- CAT 315 SIZE |
| 2004 CAT 320CLU EXCAVATOR |
| PAC00472 |
| $ | 84,976.89 | |
| ARB |
| EXCAVATOR- CAT 330 SIZE |
| 2004 CAT 330CL EXCAVATOR |
| DKY2672 |
| $ | 104,333.99 | |
| ARB |
| EXCAVATOR- CAT 330 SIZE |
| 2004 CAT 330CL EXCAVATOR |
| DKY2678 |
| $ | 104,333.99 | |
| ARB |
| EXCAVATOR-CAT 385 SIZE |
| 2005 CAT 385CL EXCAVATOR |
| EDA00214 |
| $ | 328,668.44 | |
| ARB |
| BACKHOE- 446/JD710 |
| 2004 JD 710G BACKHOE |
| T0710GX941354 |
| $ | 45,810.05 | |
| ARB |
| BACKHOE- 446/JD710 |
| 2004 JD 710G BACKHOE |
| TO710GX941691 |
| $ | 45,810.05 | |
| ARB |
| BACKHOE- 446/JD710 |
| 2005 JD 710G BACKHOE |
| T0710GX951166 |
| $ | 50,925.98 | |
| ARB |
| BACKHOE- 446/JD710 |
| 2006 JD 710G BACKHOE |
| T0710GX954028 |
| $ | 58,599.87 | |
| ARB |
| WHEEL LOADER- 3.5 TO 5 YD |
| 2005 CAT 950G 4YD WHEEL LOADER |
| AXX01631 |
| $ | 126,764.71 | |
| ARB |
| WHEEL LOADER- 3.5 TO 5 YD |
| 2005 CAT 950G 4YD WHEEL LOADER |
| AXX01756 |
| $ | 126,764.71 | |
| ARB |
| WHEEL LOADER- 3.5 TO 5 YD |
| 2005 CAT 962G 4.5YD WHEEL LOADER |
| AXY00473 |
| $ | 139,378.09 | |
| ROCKFORD |
| SIDEBOOM |
| 2007 Cat 583T Sideboom |
| CMX00240 |
| $ | 344,115.48 | |
| ROCKFORD |
| SIDEBOOM |
| 2007 Cat 583T Sideboom |
| CMX00241 |
| $ | 344,115.48 | |
| STELLARIS |
| DIRECTIONAL DRILL 1 |
| 2009 MCS-1000 PORTABLE MUD SYSTM |
| 1T9C2523691949041 |
| $ | 511,561.84 | |
| ROCKFORD |
| SIDEBOOM |
| 2007 CATERPILLAR PIPELAYER 587T |
| FAT00345 |
| $ | 393,895.50 | |
| ROCKFORD |
| SIDEBOOM |
| 2007 CATERPILLAR PIPELAYER 587T |
| FAT00346 |
| $ | 393,895.50 | |
| ROCKFORD |
| SIDEBOOM |
| 2007 CATERPILLAR PIPELAYER 587T |
| FAT00347 |
| $ | 393,895.50 | |
| ROCKFORD |
| SIDEBOOM |
| 2007 CATERPILLAR PIPELAYER 587T |
| FAT00348 |
| $ | 393,895.50 | |
| ROCKFORD |
| DOZER |
| 2007 CaT D8T Dozer W/Rippers |
| KPZ01178 |
| $ | 400,105.60 | |
| ROCKFORD |
| DOZER |
| 2007 D8T CATERPILLAR TRACK TRACTOR |
| KPZ02215 |
| $ | 400,105.60 | |
| ROCKFORD |
| DOZER |
| 2007 D8T CATERPILLAR TRACK TRACTOR |
| KPZ02216 |
| $ | 400,105.60 | |
| ROCKFORD |
| DOZER |
| 2007 D8T CATERPILLAR TRACK TRACTOR |
| KPZ02217 |
| $ | 400,105.60 | |
| STELLARIS |
| EXCAVATOR- CAT 345 SIZE |
| 2010 CAT 345DL EXCAVATOR |
| CAT0345DPEEH00932 |
| $ | 347,852.15 | |
| ROCKFORD |
| DOZER |
| 2007 Cat D8T Dozer w/Rippers |
| KPZ00667 |
| $ | 400,105.60 | |
| ROCKFORD |
| DOZER |
| 2007 Cat D8T Dozer w/Rippers |
| KPZ00804 |
| $ | 400,105.60 | |
4
| OWNER |
| CAT DESC |
| EQUIPMENT DESCRIPTION |
| S/N |
| EQUIPMENT | |
| ROCKFORD |
| BORING/DRL |
| 1010 John Henry Rock Drill JH59 |
| PHX99077 |
| $ | 264,718.32 |
| ROCKFORD |
| DOZER |
| 2007 D7DRILGP TRACK TRACTOR |
| ABJ01579 |
| $ | 331,179.53 |
| ROCKFORD |
| DOZER |
| 2007 D7GRILGP TRACK TRACTOR |
| ABJ01562 |
| $ | 330,964.72 |
| ROCKFORD |
| TACK RIG |
| 2010 D6NLPG TACK RIG |
| ALY02398 |
| $ | 176,398.99 |
| ROCKFORD |
| TACK RIG |
| 2010 D6NLGP Tack Rig |
| ALY02337 |
| $ | 176,398.99 |
| ROCKFORD |
| BORING/DRL |
| 2010 John Henry Rock Drill JH602 |
| CJC03481 |
| $ | 205,629.36 |
| STELLARIS |
| EXCAVATOR- CAT 345 SIZE |
| 2006 CAT 345CL EXCAVATOR |
| DHP00347 |
| $ | 194,739.70 |
| STELLARIS |
| EXCAVATOR- CAT 345 SIZE |
| 2006 CAT 345CL EXCAVATOR |
| PJW00969 |
| $ | 194,739.70 |
| ROCKFORD |
| EXCAVATOR |
| 2010 CATERPILLAR EXCAVATOR WITH JH 16' DRILL |
| CJC03504 |
| $ | 197,188.08 |
| ROCKFORD |
| EXCAVATOR |
| 2010 KAMATSU EXCAVATOR WITH JH 16' DRILL |
| K41216 |
| $ | 190,281.57 |
| STELLARIS |
| PIPELAYER- 583 SIZE |
| 1980 CAT 583K PIPELAYER W/WINCH |
| 78V970 |
| $ | 132,983.18 |
| STELLARIS |
| Construction |
| 2010 CAT 321DL EXCAVATOR |
| CAT0321DTMPG00180 |
| $ | 154,299.57 |
| ROCKFORD |
| Construction Tools |
| 2010 PAI HP165-3000 Pressure Pump Complete |
| B25605189 |
| $ | 153,693.06 |
| STELLARIS |
| Construction Tools |
| 2009 LIBURDI P300 ORBITAL WELDER |
| 091301 & 091302 |
| $ | 153,491.56 |
| ROCKFORD |
| Construction |
| 1988 CAT 583K |
| 78V01135 |
| $ | 129,251.16 |
| STELLARIS |
| Construction Tools |
| 2008 OMEGA D75MUD PUMP |
| ###-###-#### |
| $ | 121,171.03 |
| ROCKFORD |
| Construction |
| 1993 572G SIDEBOOM |
| 8PC0447 |
| $ | 121,171.03 |
| ROCKFORD |
| Construction |
| 1993 572G SIDEBOOM |
| 8PC0448 |
| $ | 121,171.03 |
| ROCKFORD |
| Construction |
| 1993 572G SIDEBOOM |
| 8PC0449 |
| $ | 121,171.03 |
| ROCKFORD |
| Construction Tools |
| 2010 PAI MODEL DMD2000 FILL PUMPS |
| 100-7694 |
| $ | 118,159.83 |
| ROCKFORD |
| Construction Tools |
| 2010 PAI MODEL DMD2000 FILL PUMPS |
| 100-J7695 |
| $ | 118,159.82 |
| ROCKFORD |
| Truck |
| 2009 KW T800 Tractor |
| 1XKDP4TX89J249574 |
| $ | 114,095.56 |
| STELLARIS |
| Construction |
| 1981 CAT 572G PIPELAYER |
| 4OU925 |
| $ | 113,090.90 |
| ROCKFORD |
| Truck |
| 2008 T-800 KW Truck |
| 1XKDP4TX08R227018 |
| $ | 110,152.97 |
| ROCKFORD |
| Truck |
| 2008 T-800 KW Truck |
| 1XKDP4TX98R227017 |
| $ | 110,152.97 |
| STELLARIS |
| Construction |
| 2005 CAT 330CL EXCAVATOR |
| CAP02056 |
| $ | 100,970.70 |
| STELLARIS |
| Construction |
| 2010 CAT D4K XL PIPELAYER DOZER |
| CAT00D4KVMMM00579 |
| $ | 100,970.70 |
| STELLARIS |
| Construction |
| 2010 CAT D4K XL PIPELAYER DOZER |
| CAT00D4KVMMM00580 |
| $ | 100,970.70 |
| STELLARIS |
| Construction |
| 2010 CAT D4K XL PIPELAYER DOZER |
| CAT00D4KCMMM00581 |
| $ | 100,970.70 |
| STELLARIS |
| Construction |
| 2010 CAT D4K XL PIPELAYER DOZER |
| CAT00D4KVMMM00582 |
| $ | 100,970.70 |
| ROCKFORD |
| Trailer |
| 2010 AP60LF Liddell Trailer LOWBOY |
| 1Z9304788AE094001 |
| $ | 94,834.67 |
| ROCKFORD |
| Truck |
| 2007 Sterling Conventional Trk Chassis |
| 2FZHAZCV57AV53384 |
| $ | 86,112.15 |
| ROCKFORD |
| Truck |
| 2008 Mack Truck |
| 1M2AX07C18M003294 |
| $ | 85,296.96 |
| ROCKFORD |
| Truck |
| 2008 Mack Truck |
| 1M2AZ07C58M002889 |
| $ | 84,525.02 |
| STELLARIS |
| Construction Tools |
| 2009 HB4200 HYD BREAKER |
| 2131 |
| $ | 80,770.38 |
| STELLARIS |
| Construction Tools |
| 1997 CRC 16-30" BENDING MACHINE |
| PB30175 |
| $ | 76,730.31 |
| ROCKFORD |
| Construction |
| 1978-1979 CAT 572G |
| 4OU661 |
| $ | 64,610.11 |
5
| OWNER |
| CAT DESC |
| EQUIPMENT DESCRIPTION |
| S/N |
| EQUIPMENT | |
| ROCKFORD |
| Construction |
| 1978-1979 CAT 572G |
| 4OU618 |
| $ | 64,610.11 |
| STELLARIS |
| Construction |
| 2000 COMMANDER 510 SCREEN PLANT |
| 5702044 |
| $ | 60,570.05 |
| ROCKFORD |
| Construction |
| 1975 CAT 572G |
| 4OU399 |
| $ | 56,529.98 |
| ROCKFORD |
| Trailer |
| 2007 Eager Beaver 55T Lowboy |
| 112SD55268L073651 |
| $ | 54,267.54 |
| ROCKFORD |
| Trailer |
| 2007 Eager Beaver 55T Lowboy |
| 112SD55288L073649 |
| $ | 54,267.54 |
| ROCKFORD |
| Trailer |
| 2007 Eager Beaver 55T Lowboy |
| 112SD55268L073939 |
| $ | 54,267.54 |
| STELLARIS |
| Truck |
| 1994 VOLVO A-35 ROCK TRUCK |
| A35-V2352 |
| $ | 52,489.91 |
| STELLARIS |
| Construction |
| 1997 LINKBELT SCREEN W/3 CONVR. |
| NEED SER.# |
| $ | 52,489.91 |
| STELLARIS |
| Construction Tools |
| 1992 M100 100' STACKER CONVEYER |
| 1000883 |
| $ | 48,449.85 |
| STELLARIS |
| Construction Tools |
| 2005 CEI 30"X60'HD STACKABLE CONVER |
| 6981-1032-05 |
| $ | 40,369.72 |
| STELLARIS |
| Construction Tools |
| 2005 CEI 30"X60'HD STACKABLE CONVER |
| 11165-10951 |
| $ | 40,369.72 |
| STELLARIS |
| Construction Tools |
| 2009 ALPINE TC-E2 ROCK CUT.345EX |
| 0509 |
| $ | 40,369.72 |
| STELLARIS |
| Construction Tools |
| 2000 24" GOLIATH HAMMER |
| 111 |
| $ | 40,369.72 |
| STELLARIS |
| Construction Tools |
| 2007 KOLBERG 100' STAK.CONVEYOR |
| 406950 |
| $ | 39,561.70 |
| STELLARIS |
| Forklift |
| 2007 CAT TL1255 10K REACHLIFT |
| TBN00106 |
| $ | 36,329.65 |
| ROCKFORD |
| Trailer |
| 2007 Deloupe T/A Self Steering Pole Trailer |
| 2D9KD40B171004124 |
| $ | 35,925.65 |
| ROCKFORD |
| Trailer |
| 2007 Deloupe T/A Self Steering Pole Trailer |
| 2D9KD40B671004121 |
| $ | 35,925.65 |
| ROCKFORD |
| Trailer |
| 2007 Deloupe T/A Self Steering Pole Trailer |
| 2D9KD40B871004119 |
| $ | 35,925.65 |
| ROCKFORD |
| Trailer |
| 2007 Deloupe T/A Self Steering Pole Trailer |
| 2D9KD40B871004122 |
| $ | 35,925.65 |
| STELLARIS |
| Construction |
| 1977 CAT 561D PIPELAYER W/HYD WT |
| 54X0001 |
| $ | 35,521.64 |
| STELLARIS |
| Construction |
| 1981 CAT 561D PIPELAYER W/HYD WT |
| 54X00549 |
| $ | 35,521.64 |
| STELLARIS |
| Forklift |
| 2007 CAT TL1055 10K REACHLIFT |
| TBM00678 |
| $ | 32,289.59 |
| STELLARIS |
| Construction Tools |
| 2000 SUP 6-20" BENDING MACHINE |
| P118 |
| $ | 32,289.59 |
| STELLARIS |
| Construction Tools |
| 2006 KOLBERG 31-36100 80'X100'CONVR |
| 406949 |
| $ | 32,289.59 |
| STELLARIS |
| Construction Tools |
| 2010 AIRMAN 65KVA GENERATOR |
| 1478B10103 |
| $ | 28,249.52 |
| STELLARIS |
| Construction |
| 2006 CAT D5N DOZER/PIPELAYER |
| AKD1959 |
| $ | 28,249.52 |
| STELLARIS |
| Construction Tools |
| 1997 CRC 6-20" BENDING MACHINE |
| PB20446 |
| $ | 26,633.49 |
| ROCKFORD |
| Construction Tools |
| 1995 Sullivan 1300 SFM Compressor |
| 510340 |
| $ | 24,209.45 |
| STELLARIS |
| Construction Tools |
| CEI 30"X45'HD STACKABLE CONVER |
| 11165-10949 |
| $ | 24,209.45 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435088 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6727A1435090 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435091 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435092 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435093 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435094 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435095 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435096 |
| $ | 23,970.28 |
| ROCKFORD |
| Trailer |
| 2010 MAGNOLIA 67 FT STEER CP 2 AXEL |
| 1M9PC6729A1435097 |
| $ | 23,970.28 |
| STELLARIS |
| Construction Tools |
| 2009 LINCOLN 400&600 6 PACK WELD |
| 0888,7954,3060,087 |
| $ | 22,593.43 |
6
| OWNER |
| CAT DESC |
| EQUIPMENT DESCRIPTION |
| S/N |
| EQUIPMENT | |
| STELLARIS |
| Forklift |
| 2011 BLUE GIANT 3000# FORKLIFT |
| 348709-01 |
| $ | 21,785.42 |
| ROCKFORD |
| Trailer |
| 2007 Magnolia 67' Pole Trler |
| 1M9PC672471435329 |
| $ | 20,169.39 |
| ROCKFORD |
| Trailer |
| 2007 Magnolia 67' Pole Trler |
| 1M9PC672471435332 |
| $ | 20,169.39 |
| STELLARIS |
| Construction |
| 2008 JD 315 SKID STEER LOADER |
| T000315A152408 |
| $ | 20,169.39 |
| STELLARIS |
| Construction Tools |
| 2008 LINCOLN 400 6 PACK WELDER |
| 7961,7899,0632,220 |
| $ | 16,129.32 |
| STELLARIS |
| Construction Tools |
| 2000 VACTRON 800GAL VAC SYSTEM |
| 1A9AF1823YF495581 |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2006 MILLER 8 PACK WELDER |
| LC394128 |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2006 MILLER 8 PACK WELDER |
| LC394125 |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2008 MILLER 8 PACK WELDER |
| LH340035V |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2008 MILLER 8 PACK WELDER |
| LJ090101V |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2008 MILLER 8 PACK WELDER |
| LJ090106V |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2008 MILLER 8 PACK WELDER |
| LH440191V |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2009 PALATEK 60HD ELEC AIR COMP |
| 09E009 |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2009 PALATEK 60HD ELEC AIR COMP |
| M112309200809E010 |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 2009 PALATEK 60HD ELEC AIR COMP |
| M112209200809E011 |
| $ | 14,513.30 |
| STELLARIS |
| Construction Tools |
| 1980 MILLER 8 PACK WELDER |
| JA464940 |
| $ | 14,513.30 |
| ROCKFORD |
| Trailer |
| 1998 SP-07 T/A Pole Trailer |
| HOMO1B97021897007 |
| $ | 12,856.87 |
| ROCKFORD |
| Trailer |
| 1998 SP-08 T/A Pole Trailer |
| HOMO1B97021897008 |
| $ | 12,856.87 |
| STELLARIS |
| Forklift |
| 2003 MITSUBISHIG35 8000#FORKLIFT |
| AF29-01230 |
| $ | 12,089.26 |
| STELLARIS |
| Construction Tools |
| 2011 SPIDER LIFT 9" DRUM THIMBLE |
| ###-###-#### |
| $ | 12,089.26 |
| STELLARIS |
| Construction Tools |
| 10,000 GAL WATER TANK |
| NEED SER.# |
| $ | 12,089.26 |
| STELLARIS |
| Construction Tools |
| 2009 LRC 25 TRUCK LOAD CONVEYOR |
| 1VRE280Y441000197 |
| $ | 11,281.24 |
| STELLARIS |
| Construction Tools |
| 2011 MILLER BIG 40 400 WELDER |
| MB180031E |
| $ | 11,281.24 |
| STELLARIS |
| Forklift |
| 2005 HYSTER H50XM 5000# FORKLIFT |
| H177B356342 |
| $ | 10,877.24 |
| STELLARIS |
| Construction Tools |
| 2005 SPAULDING 30"X80' PORT.CONVER |
| 80-30T-05-2678 |
| $ | 8,049.19 |
| STELLARIS |
| Construction Tools |
| 2006 COMPASS 30"X45'STACKABL CONVR |
| 11305-200612-06 |
| $ | 8,049.19 |
| STELLARIS |
| Construction Tools |
| 2007 COMPASS 30"X60'STACKABL CONVR |
| 11560-200731-07 |
| $ | 8,049.19 |
| STELLARIS |
| Construction Tools |
| 2008 MILLER BIG40 400 WELDER |
| LJ350196E |
| $ | 8,049.19 |
| STELLARIS |
| Construction Tools |
| 2008 LINCOLN VANTAGE 400 WELDER |
| U1081102344 |
| $ | 8,049.19 |
| STELLARIS |
| Construction Tools |
| 2008 LINCOLN VANTAGE 400 WELDER |
| U1081102251 |
| $ | 8,049.19 |
| STELLARIS |
| Construction Tools |
| 2008 MQ DF027012 25KW GENERATOR |
| 4GNFU10188B023481 |
| $ | 6,837.16 |
| STELLARIS |
| Construction Tools |
| 2011 SPIDER LIFT 9" DRUM THIMBLE |
| ###-###-#### |
| $ | 1,181.07 |
|
|
|
|
|
|
| Total |
| $ | 15,000,000.00 |
7
