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6 . Collateral to be assigned (Describe and show lien position) : <br /> A) To Bank: 1st Real Estate Mortgage - Commercial Real Estate <br /> 1st Security Interest - A/R, Inventory, Equipment & Intangibles. <br /> B) To Bank: Pledge of $10M Certificate of Deposit or Marketable Security <br /> 411 C) To Private Funding Source: <br /> D) To Other Source: <br /> E) To Federal Govt: <br /> F) To State: <br /> G) To This Loan: 2nd Real Estate Mortgage - Commercial Real Estate <br /> 7 . Value of Collateral : <br /> 5-31-93 COST BOOK VALUE EXISTING <br /> LIENS <br /> A) Land $ $ $ <br /> B) Buildings $ 107,400 $ 107,400 $ 0 <br /> C) Mach. & Equip. $ 19,387 $ 11 ,210 $ 0 <br /> D) Other AIR $ 4,058 $ 4,058 $ 0 <br /> E) Other CD $ 10,000 $ 10,000 $ 0 <br /> Proposed loan structure would result in first lien of $75M to FANB. <br /> 8 . Employment*: <br /> • Present: # of Employees 4 Total Payroll $72,000 <br /> After Project: # of Employees 6 Total Payroll 92,000 <br /> *If Loan is for Job Retention Only, Explain in Business Plan. <br /> 9 . Attorney, Accountant (Names, addresses, phone) : <br /> 1-800-445-9617 <br /> Frank Rajkowski , Donohue, Rajkowski Law Firm 11-7th Ave. St. Cloud, MN 56301 <br /> Steve Meyer Accounting Firm P.O. Box 7200, Collegeville, MN 56321 <br /> 10 . Bank and Other Credit References (Names, addresses, phone) : <br /> The Bank of Elk River Stewart Wilson 441-1000 <br /> American Financial Services John Lenertz 218-829-9567 <br /> 4 <br /> -3- <br />