<SUBMISSION>
<ACCESSION-NUMBER>0001564590-21-013682
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20210310
<ITEMS>1.01
<ITEMS>2.03
<ITEMS>9.01
<FILING-DATE>20210317
<DATE-OF-FILING-DATE-CHANGE>20210316
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>Simply, Inc.
<CIK>0001274032
<ASSIGNED-SIC>5065
<IRS-NUMBER>330599368
<STATE-OF-INCORPORATION>MD
<FISCAL-YEAR-END>0130
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-32217
<FILM-NUMBER>21747725
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>2001 NW 84TH AVENUE
<CITY>MIAMI
<STATE>FL
<ZIP>33122
<PHONE>786-254-6709
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2001 NW 84TH AVENUE
<CITY>MIAMI
<STATE>FL
<ZIP>33122
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>Cool Holdings, Inc.
<DATE-CHANGED>20180615
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>InfoSonics Corp
<DATE-CHANGED>20170925
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>INFOSONICS Corp
<DATE-CHANGED>20130401
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>simp-8k_20210310.htm
<DESCRIPTION>8-K PPP2 LOAN
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
<head>
<title>
simp-8k_20210310.htm
</title>
</head>
<!-- NG Converter v5.0.2.50 -->
<body>

<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;">&nbsp;</p>
<p style="border-bottom:Double 2.25pt;padding-bottom:1pt;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:4pt;">&nbsp;</p>
<p style="text-align:center;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:16pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">UNITED STATES<br />SECURITIES AND EXCHANGE COMMISSION<br /><font style="font-size:10pt;font-weight:normal;">Washington, D.C. 20549<br />_________________________________________<br /></font></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">FORM 8-K<font style="font-size:16pt;"><br /></font><font style="font-size:10pt;font-weight:normal;">_________________________________________</font></p>
<p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman Bold;text-transform:uppercase;font-size:12pt;font-style:normal;font-variant: normal;">Current Report<font style="font-family:Times New Roman;font-weight:normal;text-transform:none;"><br /></font><font style="font-size:10pt;font-family:Times New Roman;text-transform:none;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</font><font style="font-family:Times New Roman;font-weight:normal;text-transform:none;"><br /><br /></font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;">Date of Report (Date of earliest event reported):&#160; </font><font style="font-size:10pt;font-family:Times New Roman;text-transform:none;">March 16, 2021 (March 10, 2021)</font></p>
<p style="text-align:center;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">_________________________________________</p>
<p style="text-align:center;margin-bottom:6pt;margin-top:6pt;text-indent:0%;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Simply, Inc.<font style="font-size:12pt;font-weight:normal;"><br /></font><font style="font-size:10pt;font-weight:normal;">(Exact name of registrant as specified in its charter)<br /></font><font style="font-size:12pt;font-weight:normal;"><br /></font><font style="font-size:10pt;">Commission File Number: 001-32217</font></p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="bottom"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:50%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Maryland</p></td>
<td valign="bottom"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:50%;white-space:nowrap;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">33-0599368</p></td>
</tr>
<tr>
<td valign="bottom"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:50%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(State or other jurisdiction </p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">of incorporation) </p></td>
<td valign="bottom"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:50%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(IRS Employer </p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Identification No.) </p></td>
</tr>
</table></div>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;<font style="font-weight:bold;font-size:10pt;">2001 NW 84<sup style="font-size:85%;line-height:120%;vertical-align:top">th</sup> Avenue</font></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Miami, FL 33122<br /><font style="font-weight:normal;">(Address of principal executive offices, including zip code)<br /></font><br />(786) 254-6709<br /><font style="font-weight:normal;">(Registrant&#8217;s telephone number, including area code)</font></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<div>
<table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:3.58%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Segoe UI Symbol;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#9744;</p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:96.42%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p></td>
</tr>
<tr>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:3.58%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Segoe UI Symbol;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#9744;</p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:96.42%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p></td>
</tr>
<tr>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:3.58%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Segoe UI Symbol;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#9744;</p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:96.42%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p></td>
</tr>
<tr>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:3.58%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Segoe UI Symbol;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#9744;</p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:96.42%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p></td>
</tr>
</table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Securities registered pursuant to Section 12(b) of the Act:</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="bottom"  style="width:38%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Title of each class</p></td>
<td valign="bottom"  style="width:1%; border-bottom:solid 0.75pt transparent;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:10pt;">&nbsp;</p></td>
<td valign="bottom"  style="width:15%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Trading</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Symbol(s)</p></td>
<td valign="bottom"  style="width:1%; border-bottom:solid 0.75pt transparent;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:10pt;">&nbsp;</p></td>
<td valign="bottom"  style="width:45%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Name of each exchange on which registered</p></td>
</tr>
<tr>
<td valign="top"  style="width:38%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Common Stock, par value $0.001 per share</p></td>
<td valign="bottom"  style="width:1%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;">&nbsp;</p></td>
<td valign="bottom"  style="width:15%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SIMP</p></td>
<td valign="bottom"  style="width:1%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;">&nbsp;</p></td>
<td valign="bottom"  style="width:45%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">OTC Markets Group Inc.</p></td>
</tr>
</table></div>
<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). </p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Emerging growth company &#9744;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</p>
<p style="text-align:center;border-bottom:Double 2.25pt;padding-bottom:1pt;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:4pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="de2516_item_2.03._creation_of_a_direc__i"></a><a name="toc_de2516_2"></a><a name="_AEIOULastRenderedPageBreakAEIOU2"></a><br /></p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:11pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:10pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:89.02%;">
<tr>
<td style="width:12.13%;"></td>
<td style="width:76.89%;"></td>
</tr>
<tr>
<td valign="top"  style="white-space:nowrap;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Item&#160;1.01</p></td>
<td valign="top" >
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Entry into a Material Definitive Agreement.</p></td>
</tr>
</table></div>
<p style="margin-top:6pt;margin-bottom:12pt;text-align:justify;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On March 10, 2021, Simply, Inc. (the &#8220;Company&#8221;) (formerly known as Cool Holdings, Inc.) entered into a Promissory Note for $2,000,000 (the &#8220;Note&#8221;) with City National Bank of Florida (&#8220;Lender&#8221;) pursuant to the U.S. Small Business Administration Paycheck Protection Program under Title I of the Coronavirus Aid, Relief, and Economic Security (&#8220;CARES&#8221;)&#160;Act&#160;passed by Congress and signed into law on March 27, 2020.&nbsp;&nbsp;The Note is unsecured, bears interest at 1% per annum, and matures in five years.&nbsp;&nbsp;The principal is payable in equal monthly installments, with interest, beginning on the 10<sup style="font-size:85%;line-height:120%;vertical-align:top">th</sup> day of the first month after the deferment period.&nbsp;&nbsp;Subject to compliance with applicable provisions of the CARES Act, the Company may apply to Lender for forgiveness of the principal amount of the Note in an amount equal to the sum of the following costs incurred by the Company no earlier than the 8-week period after the first disbursement of the Note, and no later than the 24-week period after the first disbursement date: (i) payroll, (ii) rent and (iii) utilities.&nbsp;&nbsp;Not more than 40% of the amount forgiven can be attributable to non-payroll costs.</p>
<p style="margin-top:6pt;margin-bottom:12pt;text-align:justify;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Additionally, certain acts of the Company, including but not limited to: (i) the failure to pay any taxes when due, (ii) becoming the subject of a proceeding under any bankruptcy or insolvency law, (iii) making an assignment for the benefit of creditors, or (iv) reorganizing, merging, consolidating or otherwise changing ownership or business structure without Lender&#8217;s prior written consent, are considered events of default which grant Lender the right to seek immediate payment of all amounts owing under the Note.</p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The foregoing is a summary of certain material terms and conditions of the Note, and is not a complete description thereof. Accordingly, the foregoing is qualified in its entirety by reference to the full text of the Note, attached hereto as Exhibits 10.1, which is incorporated herein by reference. </p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:13.33%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:6pt;font-weight:bold;font-size:10pt;font-family:Times New Roman Bold;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman Bold;font-style:normal;text-transform:none;font-variant: normal;">Item 2</font><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman Bold;font-style:normal;text-transform:none;font-variant: normal;">.0</font><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman Bold;font-style:normal;text-transform:none;font-variant: normal;">3</font></p></td>
<td valign="top">
<p style="margin-bottom:0pt;margin-top:6pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman Bold;font-size:10pt;"><font style="font-weight:normal;color:#000000;">Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant</font>.</p></td></tr></table></div>
<p style="margin-top:6pt;margin-bottom:12pt;text-align:justify;text-indent:6.67%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The information disclosed in Item 1.01 of this Current Report on Form 8-K regarding the Note is incorporated herein by reference into this Item 2.03.</p>
<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Item 9.01.&nbsp;&nbsp;<font style="margin-left:36pt;">Financial Statements and Exhibits.</font><font style="font-style:italic;color:#000000;"> </font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="bottom"  style="width:6.78%; border-bottom:solid 1pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit<br />No.</p></td>
<td valign="bottom"  style="width:4.76%; border-bottom:solid 1pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td valign="bottom"  style="width:88.46%; border-bottom:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Description</p></td>
</tr>
<tr style="height:21.6pt;">
<td valign="top"  style="width:6.78%;">
<p style="text-align:center;margin-bottom:6pt;margin-top:6pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">10.1</p></td>
<td valign="bottom"  style="width:4.76%;">
<p style="margin-bottom:6pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;">&nbsp;</p></td>
<td valign="top"  style="width:88.46%;">
<p style="margin-top:6pt;text-align:justify;margin-bottom:11pt;margin-left:72pt;;text-indent:-72pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a href="simp-ex101_6.htm"><font style="text-decoration:underline;">Promissory Note</font></a></p></td>
</tr>
</table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman Bold;text-transform:uppercase;font-style:normal;font-variant: normal;">Signature</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:5%;">
<p style="margin-bottom:6pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:45%;">
<p style="margin-bottom:6pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td colspan="2" valign="top"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:50%;">
<p style="margin-bottom:6pt;margin-top:6pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Simply, Inc.</p></td>
</tr>
<tr>
<td valign="top"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:5%; border-bottom:solid 1pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Date: </p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:45%; border-bottom:solid 1pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> March 16, 2021</p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:4.8%; border-bottom:solid 1pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">By: </p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:45.2%; border-bottom:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/ <font style="font-variant: small-caps;">Vernon A. LoForti</font></p></td>
</tr>
<tr>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:5%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:45%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:4.8%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:45.2%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vernon A. LoForti</p></td>
</tr>
<tr>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:5%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;">&nbsp;</p></td>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:45%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td valign="middle"  style="padding-left:0pt;padding-Right:0pt;padding-Top:0pt;padding-Bottom:0pt;width:4.8%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
<td valign="top"  style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0.75pt;width:45.2%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chief Financial Officer</p></td>
</tr>
</table></div>
<p style="margin-top:3pt;margin-bottom:0pt;margin-right:0.74%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:bold;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:11pt;">&nbsp;</p></body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>simp-ex101_6.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
<head>
<title>
simp-ex101_6.htm
</title>
</head>
<!-- NG Converter v5.0.2.50 -->
<body>

<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:right;margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Arial;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Exhibit 10.1</font><font style="margin-left:36pt;"></font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="line-height:2pt;margin-bottom:0pt;margin-top:0pt;margin-left:7.23%;text-indent:0%;font-size:2.5pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:35.39%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">U.S.<font style="letter-spacing:-0.1pt;"> </font>Small Business<font style="letter-spacing:-0.1pt;"> </font>Administration</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:45.53%;margin-right:45.83%;text-indent:0%;font-weight:bold;font-size:16pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">NOTE</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;;font-size:5.5pt;">&nbsp;</p>
<p style="text-align:justify;margin-top:4pt;margin-bottom:0pt;margin-left:10.69%;margin-right:10.87%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">P<font style="font-size:9pt;">URSUANT</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="font-size:9pt;">TO</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="font-size:9pt;">THE</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font>S<font style="font-size:9pt;">TATE</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="font-size:9pt;">OF</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font>F<font style="font-size:9pt;">LORIDA</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font>O<font style="font-size:9pt;">FFICE</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="font-size:9pt;">OF</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="font-size:9pt;">THE</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font>G<font style="font-size:9pt;">OVERNOR</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font>E<font style="font-size:9pt;">XECUTIVE</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font>O<font style="font-size:9pt;">RDER</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="letter-spacing:-0.05pt;">N</font><font style="font-size:9pt;letter-spacing:-0.05pt;">UMBER</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">20-95</font><font style="letter-spacing:-0.75pt;"> </font><font style="letter-spacing:-0.05pt;">(COVID-19</font><font style="letter-spacing:-0.6pt;"> </font>E<font style="font-size:9pt;">MERGENCY</font><font style="font-size:9pt;letter-spacing:-0.1pt;"> </font>O<font style="font-size:9pt;">RDER</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font>&#8211;<font style="letter-spacing:-0.6pt;"> </font>D<font style="font-size:9pt;">OCUMENTARY</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font>S<font style="font-size:9pt;">TAMPS FOR</font><font style="font-size:9pt;letter-spacing:-0.1pt;"> </font>SBA<font style="letter-spacing:-0.65pt;"> </font>L<font style="font-size:9pt;">OANS</font>)<font style="letter-spacing:-2.65pt;"> </font><font style="font-size:9pt;">ISSUED ON </font>A<font style="font-size:9pt;">PRIL </font>6, 2020, <font style="font-size:9pt;">EFFECTIVE ON </font>A<font style="font-size:9pt;">PRIL </font>3, 2020, <font style="font-size:9pt;">THE ASSESSMENT AND COLLECTION</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="font-size:9pt;">OF TAXATION IMPOSED UNDER </font>C<font style="font-size:9pt;">HAPTER </font>201, F<font style="font-size:9pt;">LORIDA </font>S<font style="font-size:9pt;">TATUTES</font>, <font style="font-size:9pt;">IS SUSPENDED FOR ALL</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font><font style="font-size:9pt;letter-spacing:-0.05pt;">NOTES</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font><font style="font-size:9pt;letter-spacing:-0.05pt;">AND</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font><font style="font-size:9pt;letter-spacing:-0.05pt;">OTHER</font><font style="font-size:9pt;letter-spacing:-0.2pt;"> </font><font style="font-size:9pt;letter-spacing:-0.05pt;">WRITTEN</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font><font style="font-size:9pt;">OBLIGATIONS</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font><font style="font-size:9pt;">MADE</font><font style="font-size:9pt;letter-spacing:-0.2pt;"> </font><font style="font-size:9pt;">PURSUANT</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font><font style="font-size:9pt;">TO</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font>T<font style="font-size:9pt;">ITLE</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font>I<font style="letter-spacing:-0.6pt;"> </font><font style="font-size:9pt;">OF</font><font style="font-size:9pt;letter-spacing:-0.15pt;"> </font><font style="font-size:9pt;">THE</font><font style="font-size:9pt;letter-spacing:-0.1pt;"> </font>CARES<font style="letter-spacing:-0.7pt;"> </font>A<font style="font-size:9pt;">CT</font>.<font style="letter-spacing:-2.6pt;"> </font>C<font style="font-size:9pt;">ONSEQUENTLY</font>,<font style="letter-spacing:-0.55pt;"> </font><font style="font-size:9pt;">THERE ARE</font><font style="font-size:9pt;letter-spacing:-0.05pt;"> </font><font style="font-size:9pt;">NO</font><font style="font-size:9pt;letter-spacing:-0.05pt;"> </font><font style="font-size:9pt;">DOCUMENTARY</font><font style="font-size:9pt;letter-spacing:-0.1pt;"> </font><font style="font-size:9pt;">STAMP TAXES</font><font style="font-size:9pt;letter-spacing:-0.05pt;"> </font><font style="font-size:9pt;">DUE UPON</font><font style="font-size:9pt;letter-spacing:-0.05pt;"> </font><font style="font-size:9pt;">THIS</font><font style="font-size:9pt;letter-spacing:0.05pt;"> </font>N<font style="font-size:9pt;">OTE</font>.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;  margin-left:8.3%;width:463.55pt;;">
<tr>
<td style="width:126.05pt;"></td>
<td style="width:337.5pt;"></td>
</tr>
<tr style="height:24.55pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SBA<font style="letter-spacing:-0.05pt;"> </font>Loan #</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:7pt;margin-bottom:0pt;margin-left:21.65pt;;text-indent:0pt;;font-weight:bold;font-size:9pt;font-family:Courier New;font-style:normal;text-transform:none;font-variant: normal;">4821668507</p></td>
</tr>
<tr style="height:24.7pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SBA<font style="letter-spacing:-0.1pt;"> </font>Loan Name</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Paycheck<font style="letter-spacing:-0.15pt;"> </font>Protection<font style="letter-spacing:-0.05pt;"> </font>Program<font style="letter-spacing:-0.2pt;"> </font>(&#8220;<font style="font-weight:bold;">PPP</font>&#8221;)</p></td>
</tr>
<tr style="height:24.65pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Date</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:8pt;margin-bottom:0pt;margin-left:21.65pt;;text-indent:0pt;;font-weight:bold;font-size:9pt;font-family:Courier New;font-style:normal;text-transform:none;font-variant: normal;">03/10/2021</p></td>
</tr>
<tr style="height:24.55pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Loan<font style="letter-spacing:-0.05pt;"> </font>Amount</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$<font style="letter-spacing:0.2pt;"> </font><font style="font-weight:bold;font-size:9pt;font-family:Courier New;">2,000,000.00</font></p></td>
</tr>
<tr style="height:24.65pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Interest Rate</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">One<font style="letter-spacing:-0.05pt;"> </font>Percent<font style="letter-spacing:-0.05pt;"> </font>(1.00%) per<font style="letter-spacing:-0.05pt;"> </font>annum</p></td>
</tr>
<tr style="height:24.6pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Borrower</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-weight:bold;;font-size:8pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:21.65pt;;text-indent:0pt;;font-weight:bold;font-size:9pt;font-family:Courier New;font-style:normal;text-transform:none;font-variant: normal;">COOL<font style="letter-spacing:0.25pt;"> </font>HOLDINGS<font style="letter-spacing:0.25pt;"> </font>INC</p></td>
</tr>
<tr style="height:65.7pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Borrower<font style="letter-spacing:-0.05pt;"> </font>Address</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:8pt;margin-bottom:0pt;margin-left:21.65pt;;text-indent:0pt;;font-weight:bold;font-size:9pt;font-family:Courier New;font-style:normal;text-transform:none;font-variant: normal;">2001<font style="letter-spacing:0.2pt;"> </font>NW<font style="letter-spacing:0.25pt;"> </font>84TH<font style="letter-spacing:0.25pt;"> </font>AVENUE</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-weight:bold;;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-weight:bold;;font-size:9.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:21.65pt;;text-indent:0pt;;font-weight:bold;font-size:9pt;font-family:Courier New;font-style:normal;text-transform:none;font-variant: normal;">DORALFL<font style="letter-spacing:2.45pt;"> </font>33122</p></td>
</tr>
<tr style="height:43.3pt;">
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:13.3pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Lender</p></td>
<td valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-top:1pt;line-height:18pt;margin-bottom:0pt;margin-left:13.25pt;;margin-right:9.6%;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">City<font style="letter-spacing:-0.25pt;"> </font>National<font style="letter-spacing:-0.05pt;"> </font>Bank<font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.1pt;"> </font>Florida,<font style="letter-spacing:-0.05pt;"> </font>a<font style="letter-spacing:-0.05pt;"> </font>national<font style="letter-spacing:-0.05pt;"> </font>banking<font style="letter-spacing:-0.2pt;"> </font>association<font style="letter-spacing:-2.6pt;"> </font>100<font style="letter-spacing:-0.05pt;"> </font>S.E. 2<sup style="font-size:85%;line-height:120%;vertical-align:top">nd</sup> Street, 13<sup style="font-size:85%;line-height:120%;vertical-align:top">th</sup><font style="letter-spacing:-0.15pt;"> </font>Floor, Miami, FL<font style="letter-spacing:-0.1pt;"> </font>33131</p></td>
</tr>
</table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">1.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">PROMISE</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">TO</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">PAY:</font></p></td></tr></table></div>
<p style="margin-top:6pt;margin-bottom:0pt;margin-left:7.43%;margin-right:1.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In<font style="letter-spacing:0.25pt;"> </font>return<font style="letter-spacing:0.15pt;"> </font>for<font style="letter-spacing:0.2pt;"> </font>the<font style="letter-spacing:0.3pt;"> </font>Loan,<font style="letter-spacing:0.3pt;"> </font>Borrower<font style="letter-spacing:0.3pt;"> </font>promises<font style="letter-spacing:0.2pt;"> </font>to<font style="letter-spacing:0.15pt;"> </font>pay<font style="letter-spacing:0.2pt;"> </font>to<font style="letter-spacing:0.15pt;"> </font>the<font style="letter-spacing:0.25pt;"> </font>order<font style="letter-spacing:0.25pt;"> </font>of<font style="letter-spacing:0.2pt;"> </font>Lender<font style="letter-spacing:0.2pt;"> </font>the<font style="letter-spacing:0.2pt;"> </font>principal<font style="letter-spacing:0.3pt;"> </font>amount<font style="letter-spacing:0.35pt;"> </font>of<font style="letter-spacing:0.2pt;"> </font>the<font style="letter-spacing:0.2pt;"> </font>Loan<font style="letter-spacing:-2.6pt;"> </font>Amount,<font style="letter-spacing:-0.05pt;"> </font>interest<font style="letter-spacing:0.05pt;"> </font>on<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.1pt;"> </font>unpaid<font style="letter-spacing:0.1pt;"> </font>balance,<font style="letter-spacing:-0.15pt;"> </font>and<font style="letter-spacing:-0.1pt;"> </font>all<font style="letter-spacing:0.05pt;"> </font>other<font style="letter-spacing:-0.1pt;"> </font>amounts required<font style="letter-spacing:-0.05pt;"> </font>by<font style="letter-spacing:-0.1pt;"> </font>this Note.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">2.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">DEFINITIONS:</font></p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:16pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:9.06%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;CARES Act&#8221; means the federal Coronavirus Aid, Relief, and Economic Security Act (Public Law 116-<font style="letter-spacing:-2.6pt;"> </font>136),<font style="letter-spacing:-0.05pt;"> </font>as may<font style="letter-spacing:-0.1pt;"> </font>be amended, modified or supplemented from<font style="letter-spacing:-0.25pt;"> </font>time to time.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:9.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;<font style="font-weight:bold;">Collateral</font>&#8221;<font style="letter-spacing:-0.1pt;"> </font>means<font style="letter-spacing:-0.05pt;"> </font>any<font style="letter-spacing:-0.2pt;"> </font>property<font style="letter-spacing:-0.2pt;"> </font>taken<font style="letter-spacing:-0.05pt;"> </font>as<font style="letter-spacing:-0.05pt;"> </font>security<font style="letter-spacing:-0.2pt;"> </font>for<font style="letter-spacing:-0.15pt;"> </font>payment of<font style="letter-spacing:-0.15pt;"> </font>this<font style="letter-spacing:-0.05pt;"> </font>Note<font style="letter-spacing:-0.05pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>any<font style="letter-spacing:-0.1pt;"> </font>guarantee<font style="letter-spacing:-0.05pt;"> </font>of<font style="letter-spacing:-0.05pt;"> </font>this<font style="letter-spacing:-0.05pt;"> </font>Note.</p>
<p style="margin-top:6pt;margin-bottom:0pt;margin-left:7.43%;margin-right:10.87%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;Economic Aid Act&#8221; means the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues<font style="letter-spacing:-2.6pt;"> </font>Act (Public Law<font style="letter-spacing:-0.1pt;"> </font>116-260), as may<font style="letter-spacing:-0.15pt;"> </font>be amended,<font style="letter-spacing:0.05pt;"> </font>modified or<font style="letter-spacing:-0.1pt;"> </font>supplemented<font style="letter-spacing:-0.15pt;"> </font>from<font style="letter-spacing:-0.2pt;"> </font>time<font style="letter-spacing:-0.05pt;"> </font>to time.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">
<p style="margin-top:12pt;margin-bottom:0pt;margin-left:0.18%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Page<font style="letter-spacing:-0.05pt;"> </font>1</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.18%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.18%;text-indent:0%;font-family:Times New Roman;font-size:7pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.18%;text-indent:0%;font-family:Times New Roman;font-size:7pt;">&nbsp;</p>&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:14pt;">&nbsp;</p>
<p style="margin-top:4pt;margin-bottom:0pt;margin-left:7.43%;margin-right:21.01%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;<font style="font-weight:bold;">Guarantor</font>&#8221; means each person or entity that signs a guarantee of payment of this Note.<font style="letter-spacing:-2.6pt;"> </font>&#8220;<font style="font-weight:bold;">Loan</font>&#8221;<font style="letter-spacing:-0.05pt;"> </font>means the loan evidenced<font style="letter-spacing:-0.1pt;"> </font>by<font style="letter-spacing:-0.15pt;"> </font>this<font style="letter-spacing:-0.1pt;"> </font>Note.</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:11.78%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;<font style="font-weight:bold;">Loan Documents</font>&#8221; means the documents related to this loan signed by Borrower, any Guarantor, or<font style="letter-spacing:-2.6pt;"> </font>anyone<font style="letter-spacing:-0.05pt;"> </font>who pledges collateral.</p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:7.43%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;<font style="font-weight:bold;">SBA</font>&#8221;<font style="letter-spacing:-0.1pt;"> </font>means<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.05pt;"> </font>Small<font style="letter-spacing:-0.05pt;"> </font>Business<font style="letter-spacing:-0.05pt;"> </font>Administration,<font style="letter-spacing:-0.05pt;"> </font>an<font style="letter-spacing:-0.1pt;"> </font>Agency<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.1pt;"> </font>the<font style="letter-spacing:-0.1pt;"> </font>United<font style="letter-spacing:-0.15pt;"> </font>States<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.05pt;"> </font>America.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:16pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">3.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">PAYMENT</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">TERMS:</font></p></td></tr></table></div>
<p style="margin-top:5pt;margin-bottom:0pt;margin-left:7.43%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Borrower<font style="letter-spacing:-0.1pt;"> </font>must make<font style="letter-spacing:-0.05pt;"> </font>all payments<font style="letter-spacing:-0.05pt;"> </font>at<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.05pt;"> </font>place<font style="letter-spacing:-0.05pt;"> </font>Lender<font style="letter-spacing:-0.15pt;"> </font>designates.<font style="letter-spacing:-0.2pt;"> </font>The<font style="letter-spacing:-0.05pt;"> </font>payment<font style="letter-spacing:-0.05pt;"> </font>terms<font style="letter-spacing:-0.05pt;"> </font>for<font style="letter-spacing:-0.05pt;"> </font>this<font style="letter-spacing:-0.05pt;"> </font>Note<font style="letter-spacing:-0.15pt;"> </font>are:</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Place for Payments</font><font style="font-weight:normal;">:</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Borrower must make all payments to Lender at the office of Lender at 100 S.E. 2nd</font><font style="letter-spacing:-2.6pt;font-weight:normal;"> </font><font style="font-weight:normal;">Street, 13th Floor, Miami, Florida 33131, or at such other place or in such other manner as Lender from</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">time</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">to time may</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">designate</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">in writing</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">to Borrower.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Interest</font><font style="text-decoration:underline;letter-spacing:-0.05pt;"> </font><font style="text-decoration:underline;">Rate</font><font style="font-weight:normal;">:</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">The</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">interest</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">rate</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">on</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">this</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Note is</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">one</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">percent (1.00%)</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">per</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">year</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">(the</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">&#8220;</font>Interest Rate<font style="font-weight:normal;">&#8221;).</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:7pt;">&nbsp;</p>
<p style="margin-top:4pt;margin-bottom:0pt;margin-left:7.43%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Disbursement</font><font style="text-decoration:underline;letter-spacing:-0.1pt;"> </font><font style="text-decoration:underline;">Date</font><font style="font-weight:normal;">:</font><font style="letter-spacing:2.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">The</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">date</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">first</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">disbursement of</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">this</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Loan</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">to</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Borrower</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">(&#8220;</font>Disbursement<font style="letter-spacing:-0.05pt;"> </font>Date<font style="font-weight:normal;">&#8221;).</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:7pt;">&nbsp;</p>
<p style="margin-top:4pt;margin-bottom:0pt;margin-left:7.43%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Maturity</font><font style="font-weight:normal;">:</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">This</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Note</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">will</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">mature</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">five</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">(5) years</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">from</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Disbursement Date</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">(the</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">&#8220;</font>Maturity<font style="letter-spacing:-0.05pt;"> </font>Date<font style="font-weight:normal;">&#8221;).</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:6.5pt;">&nbsp;</p>
<p style="text-align:justify;margin-top:4pt;margin-bottom:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Deferment</font><font style="text-decoration:underline;letter-spacing:-0.4pt;"> </font><font style="text-decoration:underline;">Period</font><font style="font-weight:normal;">:</font><font style="letter-spacing:-0.3pt;font-weight:normal;"> </font><font style="font-weight:normal;">No</font><font style="letter-spacing:-0.35pt;font-weight:normal;"> </font><font style="font-weight:normal;">payments</font><font style="letter-spacing:-0.3pt;font-weight:normal;"> </font><font style="font-weight:normal;">are</font><font style="letter-spacing:-0.35pt;font-weight:normal;"> </font><font style="font-weight:normal;">due</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">on</font><font style="letter-spacing:-0.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">this</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">Loan</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">until</font><font style="letter-spacing:-0.35pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">earlier</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">of:</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">(a)</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.3pt;font-weight:normal;"> </font><font style="font-weight:normal;">date</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">on</font><font style="letter-spacing:-0.3pt;font-weight:normal;"> </font><font style="font-weight:normal;">which</font><font style="letter-spacing:-0.35pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">amount</font><font style="letter-spacing:-2.65pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">loan</font><font style="letter-spacing:-0.65pt;font-weight:normal;"> </font><font style="font-weight:normal;">forgiveness</font><font style="letter-spacing:-0.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">determined</font><font style="letter-spacing:-0.55pt;font-weight:normal;"> </font><font style="font-weight:normal;">under</font><font style="letter-spacing:-0.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">section</font><font style="letter-spacing:-0.55pt;font-weight:normal;"> </font><font style="font-weight:normal;">1106</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">CARES</font><font style="letter-spacing:-0.6pt;font-weight:normal;"> </font><font style="font-weight:normal;">Act</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">is</font><font style="letter-spacing:-0.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">remitted</font><font style="letter-spacing:-0.55pt;font-weight:normal;"> </font><font style="font-weight:normal;">to</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.35pt;font-weight:normal;"> </font><font style="font-weight:normal;">Lender</font><font style="letter-spacing:-0.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">by</font><font style="letter-spacing:-0.65pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">SBA,</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="Background-color:#auto;text-decoration:none;">(b)</font><font style="margin-left:57pt;color:#000000;"></font><font style="color:#000000;">the date that the SBA advises Lender that all or part of the loan has not been forgiven, provided that</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Borrower has applied for forgiveness within 10 months of the end of the Forgiveness Period (as defined</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">below)</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">Loan</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">(c)</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">if</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">fails</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">apply</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">for</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">forgiveness</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">by</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">end</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">Forgiveness</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">Period,</font><font style="letter-spacing:-2.65pt;color:#000000;"> </font><font style="color:#000000;">a date that is not earlier than the date that is 10 months after the last day of the Forgiveness Period(the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">&#8220;</font><font style="font-weight:bold;color:#000000;">Deferment</font><font style="font-weight:bold;letter-spacing:-0.1pt;color:#000000;"> </font><font style="font-weight:bold;color:#000000;">Period</font><font style="color:#000000;">&#8221;).</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Loan Forgiveness Covered Period</font><font style="font-weight:normal;">:</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">The period beginning on the Disbursement Date and ending on any</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">date</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">selected</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">by</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">Borrower</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">that</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">is</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">no</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">earlier</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">than</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">date</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">8</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">weeks</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">from</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">Disbursement Date</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">and</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">no</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">later</font><font style="letter-spacing:-2.6pt;font-weight:normal;"> </font><font style="font-weight:normal;">than the date 24 weeks from the Disbursement Date (the &#8220;Forgiveness Period&#8221;). If Borrower fails to notify</font><font style="letter-spacing:-2.65pt;font-weight:normal;"> </font><font style="font-weight:normal;">Lender</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">its</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">election,</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Forgiveness Period</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">shall end</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">on</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">date</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">24</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">weeks</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">from</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Disbursement</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Date.</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Loan Forgiveness</font><font style="font-weight:normal;">: Subject to compliance with all applicable provisions of the CARES Act, the Paycheck</font><font style="letter-spacing:-2.6pt;font-weight:normal;"> </font><font style="font-weight:normal;">Protection Program Flexibility Act of 2020, the Economic Aid Act, and any rules, regulations, guidance</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">and statutes promulgated thereunder, including as to the allowable uses of proceeds of the Loan, Borrower</font><font style="letter-spacing:-2.65pt;font-weight:normal;"> </font><font style="font-weight:normal;">may apply to Lender for forgiveness of the amount due on this Loan in an amount equal to the sum of the</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">following</font><font style="letter-spacing:-0.2pt;font-weight:normal;"> </font><font style="font-weight:normal;">costs</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">incurred by</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">Borrower during</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">the Forgiveness</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Period:</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:20.46%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">a.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Payroll</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">costs;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:20.47%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.52%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">b.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="letter-spacing:-0.05pt;color:#000000;">Any</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">payment</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">of</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">interest</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">on</font><font style="letter-spacing:-0.75pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">covered</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">mortgage</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">obligation</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">(which</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">shall</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">not</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">include</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">prepayment of</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">payment of</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">principal</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">on</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">covered</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">mortgage</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">obligation);</font></p></td>
<td valign="top" style="width:7.79%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:20.46%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;line-height:12pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;line-height:12pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">c.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;line-height:12pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Any</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">payment</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">on a covered</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">rent</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">obligation;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:20.46%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;line-height:12pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;line-height:12pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">d.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;line-height:12pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Any</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">covered utility</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">payment;</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">and</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:20.47%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.52%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">e.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Any covered operations expenditures, property damage, supplier costs, and/or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">worker protection expenditures (as defined in the Economic Aid Act and the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="font-style:italic;color:#000000;">Interim</font><font style="font-style:italic;letter-spacing:-0.1pt;color:#000000;"> </font><font style="font-style:italic;color:#000000;">Final</font><font style="font-style:italic;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-style:italic;color:#000000;">Rule</font><font style="font-style:italic;letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">dated</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">January</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">6, 2021).</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;">&nbsp;</p>
<p style="margin-top:4pt;margin-bottom:0pt;margin-left:7.43%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:47.1%;"><font style="font-size:11pt;">Page 2</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;">&nbsp;</p>
<p style="text-align:justify;margin-top:4pt;margin-bottom:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<font style="letter-spacing:0.05pt;"> </font>amount<font style="letter-spacing:0.05pt;"> </font>of<font style="letter-spacing:0.05pt;"> </font>loan<font style="letter-spacing:0.05pt;"> </font>forgiveness<font style="letter-spacing:0.05pt;"> </font>shall<font style="letter-spacing:0.05pt;"> </font>be<font style="letter-spacing:0.05pt;"> </font>calculated<font style="letter-spacing:0.05pt;"> </font>(and<font style="letter-spacing:0.05pt;"> </font>may<font style="letter-spacing:0.05pt;"> </font>be<font style="letter-spacing:0.05pt;"> </font>reduced)<font style="letter-spacing:0.05pt;"> </font>in<font style="letter-spacing:0.05pt;"> </font>accordance<font style="letter-spacing:0.05pt;"> </font>with<font style="letter-spacing:0.05pt;"> </font>the<font style="letter-spacing:0.05pt;"> </font>requirements<font style="letter-spacing:0.05pt;"> </font>of<font style="letter-spacing:0.05pt;"> </font>the<font style="letter-spacing:0.05pt;"> </font>Paycheck<font style="letter-spacing:0.05pt;"> </font>Protection<font style="letter-spacing:0.05pt;"> </font>Program,<font style="letter-spacing:0.05pt;"> </font>including<font style="letter-spacing:0.05pt;"> </font>the<font style="letter-spacing:0.05pt;"> </font>provisions<font style="letter-spacing:0.05pt;"> </font>of<font style="letter-spacing:0.05pt;"> </font>Section<font style="letter-spacing:0.05pt;"> </font>1106<font style="letter-spacing:0.05pt;"> </font>of<font style="letter-spacing:0.05pt;"> </font>the<font style="letter-spacing:-2.6pt;"> </font>Coronavirus<font style="letter-spacing:-0.25pt;"> </font>Aid,<font style="letter-spacing:-0.3pt;"> </font>Relief,<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>Economic<font style="letter-spacing:-0.25pt;"> </font>Security<font style="letter-spacing:-0.45pt;"> </font>Act<font style="letter-spacing:-0.2pt;"> </font>(as<font style="letter-spacing:-0.25pt;"> </font>may<font style="letter-spacing:-0.4pt;"> </font>be<font style="letter-spacing:-0.3pt;"> </font>amended,<font style="letter-spacing:-0.25pt;"> </font>modified<font style="letter-spacing:-0.3pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>supplemented<font style="letter-spacing:-0.3pt;"> </font>from<font style="letter-spacing:-2.65pt;"> </font>time<font style="letter-spacing:-0.15pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>time<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>&#8220;<font style="font-weight:bold;">CARES Act</font>&#8221;)<font style="letter-spacing:-0.15pt;"> </font>(P.L.<font style="letter-spacing:-0.2pt;"> </font>116-136),<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>Paycheck<font style="letter-spacing:-0.25pt;"> </font>Protection<font style="letter-spacing:-0.2pt;"> </font>Program<font style="letter-spacing:-0.25pt;"> </font>Flexibility<font style="letter-spacing:-0.3pt;"> </font>Act<font style="letter-spacing:-0.1pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>2020,<font style="letter-spacing:-2.65pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>Economic<font style="letter-spacing:-0.05pt;"> </font>Aid Act,<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>Interim<font style="letter-spacing:-0.2pt;"> </font>Final<font style="letter-spacing:-0.15pt;"> </font>Rules<font style="letter-spacing:-0.1pt;"> </font>dated<font style="letter-spacing:-0.3pt;"> </font>January<font style="letter-spacing:-0.2pt;"> </font>6,<font style="letter-spacing:-0.15pt;"> </font>2021,<font style="letter-spacing:-0.05pt;"> </font>and<font style="letter-spacing:-0.15pt;"> </font>any<font style="letter-spacing:-0.1pt;"> </font>rules,<font style="letter-spacing:-0.2pt;"> </font>regulations,<font style="letter-spacing:-0.1pt;"> </font>guidance<font style="letter-spacing:-2.65pt;"> </font>and<font style="letter-spacing:-0.4pt;"> </font>statutes<font style="letter-spacing:-0.4pt;"> </font>promulgated<font style="letter-spacing:-0.4pt;"> </font>thereunder.<font style="letter-spacing:-0.55pt;"> </font>Not<font style="letter-spacing:-0.4pt;"> </font>more<font style="letter-spacing:-0.4pt;"> </font>than<font style="letter-spacing:-0.4pt;"> </font>40%<font style="letter-spacing:-0.4pt;"> </font>of<font style="letter-spacing:-0.5pt;"> </font>the<font style="letter-spacing:-0.55pt;"> </font>amount<font style="letter-spacing:-0.4pt;"> </font>forgiven<font style="letter-spacing:-0.4pt;"> </font>can<font style="letter-spacing:-0.45pt;"> </font>be<font style="letter-spacing:-0.4pt;"> </font>attributable<font style="letter-spacing:-0.4pt;"> </font>to<font style="letter-spacing:-0.55pt;"> </font>non-<font style="letter-spacing:-2.6pt;"> </font>payroll costs.<font style="letter-spacing:0.05pt;"> </font>The amount of Loan forgiveness is ultimately determined by, and subject to the ultimate<font style="letter-spacing:0.05pt;"> </font>approval of, the SBA. To receive loan forgiveness, Borrower must apply for loan forgiveness through<font style="letter-spacing:0.05pt;"> </font>Lender.<font style="letter-spacing:-0.3pt;"> </font>The<font style="letter-spacing:-0.35pt;"> </font>Borrower<font style="letter-spacing:-0.25pt;"> </font>must<font style="letter-spacing:-0.25pt;"> </font>submit<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Lender<font style="letter-spacing:-0.25pt;"> </font>servicing<font style="letter-spacing:-0.45pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Loan<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.3pt;"> </font>forgiveness<font style="letter-spacing:-0.25pt;"> </font>application,<font style="letter-spacing:-0.3pt;"> </font>which<font style="letter-spacing:-0.3pt;"> </font>must<font style="letter-spacing:-2.6pt;"> </font>include<font style="letter-spacing:-0.2pt;"> </font>documents<font style="letter-spacing:-0.15pt;"> </font>verifying<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.05pt;"> </font>number<font style="letter-spacing:-0.05pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>full-time<font style="letter-spacing:-0.1pt;"> </font>employees<font style="letter-spacing:-0.05pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>pay<font style="letter-spacing:-0.2pt;"> </font>rates<font style="letter-spacing:-0.25pt;"> </font>for<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.1pt;"> </font>period<font style="letter-spacing:-0.05pt;"> </font>described,<font style="letter-spacing:-2.65pt;"> </font>including payroll tax filings, income, payroll, and unemployment insurance filings, cancelled checks,<font style="letter-spacing:0.05pt;"> </font>payment<font style="letter-spacing:-0.3pt;"> </font>receipts,<font style="letter-spacing:-0.4pt;"> </font>transcript<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>accounts,<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>other<font style="letter-spacing:-0.25pt;"> </font>documents<font style="letter-spacing:-0.3pt;"> </font>verifying<font style="letter-spacing:-0.45pt;"> </font>payments<font style="letter-spacing:-0.25pt;"> </font>on<font style="letter-spacing:-0.3pt;"> </font>covered<font style="letter-spacing:-0.3pt;"> </font>mortgage<font style="letter-spacing:-0.3pt;"> </font>loan<font style="letter-spacing:-2.65pt;"> </font>obligations, lease obligations and utility payments, reduction in revenue (if applicable), plus any other<font style="letter-spacing:0.05pt;"> </font>documentation<font style="letter-spacing:0.05pt;"> </font>the<font style="letter-spacing:0.05pt;"> </font>SBA<font style="letter-spacing:0.05pt;"> </font>deems<font style="letter-spacing:0.05pt;"> </font>necessary.<font style="letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">There</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">will</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">be</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">no</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">loan</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">forgiveness</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">without</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">Borrower&#8217;s</font><font style="font-weight:bold;font-style:italic;letter-spacing:0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">submission</font><font style="font-weight:bold;font-style:italic;letter-spacing:-0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">of the proper</font><font style="font-weight:bold;font-style:italic;letter-spacing:-0.1pt;"> </font><font style="font-weight:bold;font-style:italic;">application</font><font style="font-weight:bold;font-style:italic;letter-spacing:-0.05pt;"> </font><font style="font-weight:bold;font-style:italic;">and documentation to</font><font style="font-weight:bold;font-style:italic;letter-spacing:-0.1pt;"> </font><font style="font-weight:bold;font-style:italic;">Lender.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Repayment</font><font style="text-decoration:underline;letter-spacing:-0.05pt;"> </font><font style="text-decoration:underline;">Terms</font><font style="font-weight:normal;">:</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">The</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">Interest</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">Rate</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">is</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">fixed</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">and will</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">not</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">be</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">changed during</font><font style="letter-spacing:-0.3pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">life</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">Loan.</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">Interest</font><font style="letter-spacing:-2.6pt;font-weight:normal;"> </font><font style="font-weight:normal;">shall</font><font style="letter-spacing:-0.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">be</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">calculated</font><font style="letter-spacing:-0.45pt;font-weight:normal;"> </font><font style="font-weight:normal;">at</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">rate</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">1/365</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.55pt;font-weight:normal;"> </font><font style="font-weight:normal;">annual</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">rate</font><font style="letter-spacing:-0.55pt;font-weight:normal;"> </font><font style="font-weight:normal;">of</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">interest</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">for</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">each</font><font style="letter-spacing:-0.55pt;font-weight:normal;"> </font><font style="font-weight:normal;">day</font><font style="letter-spacing:-0.55pt;font-weight:normal;"> </font><font style="font-weight:normal;">that</font><font style="letter-spacing:-0.5pt;font-weight:normal;"> </font><font style="font-weight:normal;">principal</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">is</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">outstanding</font><font style="letter-spacing:-2.65pt;font-weight:normal;"> </font><font style="font-weight:normal;">(i.e., interest will accrue and be paid on the actual number of calendar days elapsed from the date hereof</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">based on a 365 day year). Interest shall accrue from the Disbursement Date and continue to accrue</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">throughout the life of</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">Loan,</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">including</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">during</font><font style="letter-spacing:-0.15pt;font-weight:normal;"> </font><font style="font-weight:normal;">the Deferment</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">Period.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:10.5pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<font style="letter-spacing:-0.2pt;"> </font>outstanding<font style="letter-spacing:-0.2pt;"> </font>principal<font style="letter-spacing:-0.05pt;"> </font>balance<font style="letter-spacing:-0.05pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>this<font style="letter-spacing:-0.05pt;"> </font>Note,<font style="letter-spacing:-0.15pt;"> </font>as<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>same may<font style="letter-spacing:-0.15pt;"> </font>exist<font style="letter-spacing:-0.15pt;"> </font>from<font style="letter-spacing:-0.25pt;"> </font>time<font style="letter-spacing:-0.05pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>time,<font style="letter-spacing:-0.05pt;"> </font>shall<font style="letter-spacing:-0.05pt;"> </font>bear<font style="letter-spacing:-0.15pt;"> </font>interest<font style="letter-spacing:-2.65pt;"> </font>at a fixed rate equal to the Interest Rate.<font style="letter-spacing:2.75pt;"> </font>Beginning on the 10<sup style="font-size:85%;line-height:120%;vertical-align:top">th</sup> day of the first month after the expiration<font style="letter-spacing:0.05pt;"> </font><font style="letter-spacing:-0.05pt;">of</font><font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.05pt;">the</font><font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.05pt;">Deferment</font><font style="letter-spacing:-0.55pt;"> </font><font style="letter-spacing:-0.05pt;">Period,</font><font style="letter-spacing:-0.75pt;"> </font><font style="letter-spacing:-0.05pt;">the</font><font style="letter-spacing:-0.5pt;"> </font><font style="letter-spacing:-0.05pt;">then</font><font style="letter-spacing:-0.55pt;"> </font>outstanding<font style="letter-spacing:-0.75pt;"> </font>principal<font style="letter-spacing:-0.8pt;"> </font>balance<font style="letter-spacing:-0.5pt;"> </font>of<font style="letter-spacing:-0.7pt;"> </font>this<font style="letter-spacing:-0.6pt;"> </font>Note<font style="letter-spacing:-0.55pt;"> </font>shall<font style="letter-spacing:-0.55pt;"> </font>be<font style="letter-spacing:-0.7pt;"> </font>repaid<font style="letter-spacing:-0.75pt;"> </font>in<font style="letter-spacing:-0.6pt;"> </font>equal<font style="letter-spacing:-0.5pt;"> </font>monthly<font style="letter-spacing:-2.65pt;"> </font>payments of principal and interest, to be fully amortized over the remaining term of the Note, and shall be<font style="letter-spacing:-2.6pt;"> </font>due and payable from Borrower to Lender on the same calendar day of each successive month thereafter<font style="letter-spacing:0.05pt;"> </font>(each of the foregoing payments shall be defined as a &#8220;<font style="font-weight:bold;">Monthly Payment</font>&#8221;), with the final Monthly<font style="letter-spacing:0.05pt;"> </font>Payment<font style="letter-spacing:-0.35pt;"> </font>for<font style="letter-spacing:-0.45pt;"> </font>any<font style="letter-spacing:-0.55pt;"> </font>partial<font style="letter-spacing:-0.35pt;"> </font>month<font style="letter-spacing:-0.45pt;"> </font>being<font style="letter-spacing:-0.5pt;"> </font>due<font style="letter-spacing:-0.4pt;"> </font>on<font style="letter-spacing:-0.5pt;"> </font>the<font style="letter-spacing:-0.55pt;"> </font>Maturity<font style="letter-spacing:-0.5pt;"> </font>Date.<font style="letter-spacing:2pt;"> </font>Lender<font style="letter-spacing:-0.3pt;"> </font>will<font style="letter-spacing:-0.4pt;"> </font>calculate<font style="letter-spacing:-0.5pt;"> </font>the<font style="letter-spacing:-0.55pt;"> </font>Monthly<font style="letter-spacing:-0.5pt;"> </font>Payment<font style="letter-spacing:-2.65pt;"> </font>Amount<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>provide<font style="letter-spacing:-0.3pt;"> </font>written<font style="letter-spacing:-0.3pt;"> </font>notice<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Monthly<font style="letter-spacing:-0.3pt;"> </font>Payment<font style="letter-spacing:-0.25pt;"> </font>amount<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>Borrower<font style="letter-spacing:-0.25pt;"> </font>after<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>expiration<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-2.65pt;"> </font>Deferment Period.<font style="letter-spacing:0.05pt;"> </font>If any Monthly Payment due under this Note, or the Maturity Date, becomes due and<font style="letter-spacing:0.05pt;"> </font>payable on a day other than a Business Day, such payment or Maturity Date shall be extended to the next<font style="letter-spacing:0.05pt;"> </font>succeeding<font style="letter-spacing:-0.2pt;"> </font>Business<font style="letter-spacing:0.05pt;"> </font>Day.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.79%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Lender will apply each installment payment first to pay interest accrued to the day Lender received the<font style="letter-spacing:0.05pt;"> </font>payment,<font style="letter-spacing:-0.05pt;"> </font>then to<font style="letter-spacing:-0.15pt;"> </font>bring<font style="letter-spacing:-0.15pt;"> </font>principal current,<font style="letter-spacing:-0.15pt;"> </font>and will<font style="letter-spacing:0.05pt;"> </font>apply<font style="letter-spacing:-0.2pt;"> </font>any<font style="letter-spacing:-0.1pt;"> </font>remaining<font style="letter-spacing:-0.15pt;"> </font>balance<font style="letter-spacing:-0.1pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>reduce principal.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:10.5pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Loan</font><font style="text-decoration:underline;letter-spacing:-0.3pt;"> </font><font style="text-decoration:underline;">Prepayment</font><font style="font-weight:normal;">:</font><font style="letter-spacing:2.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">Notwithstanding</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">any</font><font style="letter-spacing:-0.35pt;font-weight:normal;"> </font><font style="font-weight:normal;">provision</font><font style="letter-spacing:-0.3pt;font-weight:normal;"> </font><font style="font-weight:normal;">in</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">this</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">Note</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">to</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">the</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">contrary,</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">Borrower</font><font style="letter-spacing:-0.25pt;font-weight:normal;"> </font><font style="font-weight:normal;">may</font><font style="letter-spacing:-0.35pt;font-weight:normal;"> </font><font style="font-weight:normal;">prepay</font><font style="letter-spacing:-0.4pt;font-weight:normal;"> </font><font style="font-weight:normal;">this</font><font style="letter-spacing:-2.65pt;font-weight:normal;"> </font><font style="font-weight:normal;">Note</font><font style="letter-spacing:-0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">at</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">any</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">time without</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">penalty.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:7.61%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Non-Recourse</font><font style="font-weight:normal;">: Lender and SBA shall have no recourse against any individual shareholder, member or</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">partner of Borrower for non-payment of the Loan, except to the extent that such shareholder, member or</font><font style="letter-spacing:0.05pt;font-weight:normal;"> </font><font style="font-weight:normal;">partner</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">uses the Loan</font><font style="letter-spacing:-0.1pt;font-weight:normal;"> </font><font style="font-weight:normal;">proceeds for an unauthorized purpose.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">4.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">DEFAULT:</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-top:0pt;margin-bottom:0pt;margin-left:7.43%;margin-right:9.78%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Borrower is in default under this Note if Borrower does not make a payment when due under this Note,<font style="letter-spacing:-2.6pt;"> </font>or<font style="letter-spacing:-0.05pt;"> </font>if Borrower<font style="letter-spacing:0.05pt;"> </font>or Operating<font style="letter-spacing:0.4pt;"> </font>Company:</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:8pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:8pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">A.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:8pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Fails</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">do</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">anything</font><font style="letter-spacing:0.3pt;color:#000000;"> </font><font style="color:#000000;">required</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">by this</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Note and</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">other Loan</font><font style="letter-spacing:2.05pt;color:#000000;"> </font><font style="color:#000000;">Documents;</font></p></td></tr></table></div>
<p style="text-align:justify;margin-top:7pt;margin-bottom:0pt;margin-left:7.43%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:47.1%;"><font style="font-size:11pt;">Page 3</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">B.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Defaults</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">on</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">other loan</font><font style="color:#000000;"> </font><font style="color:#000000;">with</font><font style="letter-spacing:1.2pt;color:#000000;"> </font><font style="color:#000000;">Lender;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">C.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Does</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">not</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">preserve,</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">account</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">Lender&#8217;s</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">satisfaction</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">for,</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">Collateral</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">its</font><font style="letter-spacing:1.85pt;color:#000000;"> </font><font style="color:#000000;">proceeds;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">D.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Does</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">not</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">disclose,</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">anyone</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">acting</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">on</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">their</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">behalf</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">does</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">not</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">disclose,</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">material</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">fact</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:2pt;color:#000000;"> </font><font style="color:#000000;">SBA;</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">E.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Makes,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">anyone</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">acting</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">on</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">their</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">behalf makes,</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:0.6pt;color:#000000;"> </font><font style="color:#000000;">materially</font><font style="color:#000000;"> </font><font style="color:#000000;">false or misleading</font><font style="color:#000000;"> </font><font style="color:#000000;">representation</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or SBA;</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">F.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Defaults</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">on</font><font style="letter-spacing:0.5pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">loan</font><font style="letter-spacing:0.5pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:0.5pt;color:#000000;"> </font><font style="color:#000000;">agreement</font><font style="letter-spacing:0.85pt;color:#000000;"> </font><font style="color:#000000;">with</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">another</font><font style="letter-spacing:0.85pt;color:#000000;"> </font><font style="color:#000000;">creditor,</font><font style="letter-spacing:0.45pt;color:#000000;"> </font><font style="color:#000000;">if</font><font style="letter-spacing:0.55pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:0.5pt;color:#000000;"> </font><font style="color:#000000;">believes</font><font style="letter-spacing:0.55pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:0.45pt;color:#000000;"> </font><font style="color:#000000;">default</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">may</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">materially</font><font style="color:#000000;"> </font><font style="color:#000000;">affect</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="color:#000000;"> </font><font style="color:#000000;">&#8217;s</font><font style="letter-spacing:-1.3pt;color:#000000;"> </font><font style="color:#000000;">ability</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">to pay</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Note;</font></p></td>
<td valign="top" style="width:12.86%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">G.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Fails to</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">pay</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="color:#000000;"> </font><font style="color:#000000;">taxes when</font><font style="letter-spacing:1.15pt;color:#000000;"> </font><font style="color:#000000;">due;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">H.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Becomes the subject</font><font style="color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">proceeding under</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">bankruptcy</font><font style="color:#000000;"> </font><font style="color:#000000;">or insolvency</font><font style="letter-spacing:1.8pt;color:#000000;"> </font><font style="color:#000000;">law;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">I.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Has</font><font style="color:#000000;"> </font><font style="color:#000000;">a receiver</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or liquidator appointed</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">for</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">part</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="color:#000000;"> </font><font style="color:#000000;">their</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">business</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:2.45pt;color:#000000;"> </font><font style="color:#000000;">property;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">J.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Makes an</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">assignment</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">for</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">benefit</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:1.8pt;color:#000000;"> </font><font style="color:#000000;">creditors;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">K.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Has</font><font style="letter-spacing:0.4pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:0.5pt;color:#000000;"> </font><font style="color:#000000;">adverse</font><font style="letter-spacing:0.7pt;color:#000000;"> </font><font style="color:#000000;">change</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">in</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">financial</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">condition</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">business</font><font style="letter-spacing:0.4pt;color:#000000;"> </font><font style="color:#000000;">operation</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">that</font><font style="letter-spacing:0.4pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">believes</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">may</font><font style="color:#000000;"> </font><font style="color:#000000;">materially</font><font style="color:#000000;"> </font><font style="color:#000000;">affect</font><font style="letter-spacing:0.3pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="color:#000000;"> </font><font style="color:#000000;">&#8217;s</font><font style="letter-spacing:-1.3pt;color:#000000;"> </font><font style="color:#000000;">ability</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">to pay</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Note;</font></p></td>
<td valign="top" style="width:11.59%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">L.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Reorganizes,</font><font style="letter-spacing:1.05pt;color:#000000;"> </font><font style="color:#000000;">merges,</font><font style="letter-spacing:1.2pt;color:#000000;"> </font><font style="color:#000000;">consolidates,</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">otherwise</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">changes</font><font style="letter-spacing:1.25pt;color:#000000;"> </font><font style="color:#000000;">ownership</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:1.2pt;color:#000000;"> </font><font style="color:#000000;">business</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">structure</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">without Lender</font><font style="color:#000000;"> </font><font style="color:#000000;">&#8217;s</font><font style="letter-spacing:-1.3pt;color:#000000;"> </font><font style="color:#000000;">prior</font><font style="color:#000000;"> </font><font style="color:#000000;">written consent;</font><font style="letter-spacing:0.5pt;color:#000000;"> </font><font style="color:#000000;">or</font></p></td>
<td valign="top" style="width:10.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">M.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Becomes</font><font style="color:#000000;"> </font><font style="color:#000000;">the subject of a</font><font style="color:#000000;"> </font><font style="color:#000000;">civil</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="color:#000000;"> </font><font style="color:#000000;">criminal</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">action</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">that</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="color:#000000;"> </font><font style="color:#000000;">believes may</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">materially</font><font style="color:#000000;"> </font><font style="color:#000000;">affect</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">&#8217;s</font><font style="letter-spacing:-1.3pt;color:#000000;"> </font><font style="color:#000000;">ability</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">to pay</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:0.35pt;color:#000000;"> </font><font style="color:#000000;">Note.</font></p></td>
<td valign="top" style="width:10.33%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">5.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="letter-spacing:-0.05pt;color:#000000;">LENDER &#8217;S</font><font style="letter-spacing:-1.25pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">RIGHTS</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">IF</font><font style="color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">THERE</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">IS</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">A</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">DEFAULT:</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Without notice<font style="letter-spacing:-0.05pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>demand<font style="letter-spacing:-0.05pt;"> </font>and<font style="letter-spacing:-0.05pt;"> </font>without giving<font style="letter-spacing:-0.2pt;"> </font>up<font style="letter-spacing:-0.05pt;"> </font>any<font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>its<font style="letter-spacing:-0.15pt;"> </font>rights,<font style="letter-spacing:-0.05pt;"> </font>Lender may:</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">A.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Require</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">immediate</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">payment</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">all</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">amounts</font><font style="letter-spacing:0.4pt;color:#000000;"> </font><font style="color:#000000;">owing under</font><font style="letter-spacing:0.55pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:1.6pt;color:#000000;"> </font><font style="color:#000000;">Note;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">B.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Collect</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">all</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">amounts</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">owing</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">from</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:1.85pt;color:#000000;"> </font><font style="color:#000000;">Guarantor;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">C.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">File</font><font style="color:#000000;"> </font><font style="color:#000000;">suit and</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">obtain</font><font style="letter-spacing:0.7pt;color:#000000;"> </font><font style="color:#000000;">judgment;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.47%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.96%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">D.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Take</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">possession</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="color:#000000;"> </font><font style="color:#000000;">Collateral;</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">or</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">E.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Sell,</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">lease,</font><font style="letter-spacing:1.2pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:1.3pt;color:#000000;"> </font><font style="color:#000000;">otherwise</font><font style="letter-spacing:1.25pt;color:#000000;"> </font><font style="color:#000000;">dispose</font><font style="letter-spacing:1.15pt;color:#000000;"> </font><font style="color:#000000;">of,</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:1.15pt;color:#000000;"> </font><font style="color:#000000;">Collateral</font><font style="letter-spacing:1.15pt;color:#000000;"> </font><font style="color:#000000;">at</font><font style="letter-spacing:1.2pt;color:#000000;"> </font><font style="color:#000000;">public</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:1.15pt;color:#000000;"> </font><font style="color:#000000;">private</font><font style="letter-spacing:1.1pt;color:#000000;"> </font><font style="color:#000000;">sale,</font><font style="letter-spacing:1.15pt;color:#000000;"> </font><font style="color:#000000;">with</font><font style="letter-spacing:1.2pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:1.15pt;color:#000000;"> </font><font style="color:#000000;">without</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">advertisement.</font></p></td>
<td valign="top" style="width:7.79%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:5.07%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">6.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="letter-spacing:-0.05pt;color:#000000;">LENDER &#8217;S</font><font style="letter-spacing:-1.25pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">GENERAL</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="letter-spacing:-0.05pt;color:#000000;">POWERS:</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Without<font style="letter-spacing:-0.05pt;"> </font>notice<font style="letter-spacing:-0.1pt;"> </font>and<font style="letter-spacing:-0.1pt;"> </font>without<font style="letter-spacing:-0.2pt;"> </font>Borrower<font style="letter-spacing:-0.1pt;"> </font>&#8217;s<font style="letter-spacing:-0.1pt;"> </font>consent,<font style="letter-spacing:-0.1pt;"> </font>Lender<font style="letter-spacing:-0.05pt;"> </font>may:</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">A.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Bid</font><font style="color:#000000;"> </font><font style="color:#000000;">on or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">buy</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Collateral</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">at</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">its sale or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">the sale</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">another</font><font style="letter-spacing:0.3pt;color:#000000;"> </font><font style="color:#000000;">lienholder, at</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">price it</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">chooses;</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">B.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Incur</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">expenses</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">collect</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">amounts</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">due</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">under</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">Note, enforce</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">terms</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">Note</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-2.65pt;color:#000000;"> </font><font style="color:#000000;">other Loan Document, and preserve or dispose of the Collateral. Among other things, the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">expenses</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">may</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">include</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">payments</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">for</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">property</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">taxes,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">prior</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">liens,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">insurance,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">appraisals,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">environmental </font><font style="color:#000000;">remediation costs, and reasonable attorney &#8217;s fees and costs. If Lender incurs</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">such expenses, it may demand immediate repayment from Borrower or add the expenses to</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="color:#000000;"> </font><font style="color:#000000;">principal</font><font style="letter-spacing:0.95pt;color:#000000;"> </font><font style="color:#000000;">balance;</font></p></td>
<td valign="top" style="width:10.33%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:1pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:1pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">C.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:1pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Release</font><font style="color:#000000;"> </font><font style="color:#000000;">anyone</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">obligated</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">pay</font><font style="color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:0.9pt;color:#000000;"> </font><font style="color:#000000;">Note;</font></p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:13pt;">&nbsp;</p>
<p style="margin-top:4pt;margin-bottom:0pt;margin-left:7.43%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:47.1%;"><font style="font-size:11pt;">Page 4</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">D.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Compromise,</font><font style="color:#000000;"> </font><font style="color:#000000;">release,</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">renew,</font><font style="color:#000000;"> </font><font style="color:#000000;">extend or</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">substitute</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="color:#000000;"> </font><font style="color:#000000;">the Collateral;</font><font style="letter-spacing:1.95pt;color:#000000;"> </font><font style="color:#000000;">and</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.47%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.96%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">E.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Take</font><font style="letter-spacing:0.3pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">action</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">necessary</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">protect</font><font style="color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Collateral</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="color:#000000;"> </font><font style="color:#000000;">collect</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">amounts</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">owing</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">on</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:2.1pt;color:#000000;"> </font><font style="color:#000000;">Note.</font></p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:16pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:5.07%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">7.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">WHEN</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">FEDERAL</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">LAW</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">APPLIES:</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:9.78%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">When SBA is the holder, this Note will be interpreted and enforced under federal law, including SBA<font style="letter-spacing:0.05pt;"> </font>regulations. Lender or SBA may use state or local procedures for filing papers, recording documents,<font style="letter-spacing:0.05pt;"> </font>giving<font style="letter-spacing:-0.3pt;"> </font>notice,<font style="letter-spacing:-0.2pt;"> </font>foreclosing<font style="letter-spacing:-0.3pt;"> </font>liens,<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>other<font style="letter-spacing:-0.15pt;"> </font>purposes.<font style="letter-spacing:-0.15pt;"> </font>By<font style="letter-spacing:-0.3pt;"> </font>using<font style="letter-spacing:-0.25pt;"> </font>such<font style="letter-spacing:-0.2pt;"> </font>procedures,<font style="letter-spacing:-0.2pt;"> </font>SBA<font style="letter-spacing:-0.25pt;"> </font>does<font style="letter-spacing:-0.1pt;"> </font>not<font style="letter-spacing:-0.15pt;"> </font>waive<font style="letter-spacing:-0.15pt;"> </font>any<font style="letter-spacing:-2.65pt;"> </font>federal<font style="letter-spacing:-0.25pt;"> </font>immunity<font style="letter-spacing:-0.45pt;"> </font>from<font style="letter-spacing:-0.45pt;"> </font>state<font style="letter-spacing:-0.35pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>local<font style="letter-spacing:-0.25pt;"> </font>control,<font style="letter-spacing:-0.25pt;"> </font>penalty,<font style="letter-spacing:-0.3pt;"> </font>tax,<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>liability.<font style="letter-spacing:-0.25pt;"> </font>As<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>Note,<font style="letter-spacing:-0.25pt;"> </font>Borrower<font style="letter-spacing:-0.25pt;"> </font>may<font style="letter-spacing:-0.4pt;"> </font>not<font style="letter-spacing:-2.65pt;"> </font>claim or assert against SBA any local or state law to deny any obligation, defeat any claim of SBA, or<font style="letter-spacing:0.05pt;"> </font>preempt federal<font style="letter-spacing:-0.1pt;"> </font>law.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:5.07%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">8.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">SUCCESSORS</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">AND</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">ASSIGNS:</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.43%;margin-right:9.78%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Under<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.3pt;"> </font>Note,<font style="letter-spacing:-0.25pt;"> </font>Borrower<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.15pt;"> </font>Operating<font style="letter-spacing:-0.3pt;"> </font>Company<font style="letter-spacing:-0.25pt;"> </font>include<font style="letter-spacing:-0.4pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>successors<font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>each,<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>Lender<font style="letter-spacing:-0.25pt;"> </font>includes<font style="letter-spacing:-2.6pt;"> </font>its<font style="letter-spacing:-0.1pt;"> </font>successors<font style="letter-spacing:-0.1pt;"> </font>and<font style="letter-spacing:-0.15pt;"> </font>assigns.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:5.07%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">9.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">GENERAL</font><font style="letter-spacing:-0.05pt;color:#000000;"> </font><font style="color:#000000;">PROVISIONS:</font></p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">A.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">All individuals</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">entities</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">signing</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">this Note</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">are</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">jointly</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">severally liable.</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">B.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">waives</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">all suretyship</font><font style="letter-spacing:0.8pt;color:#000000;"> </font><font style="color:#000000;">defenses.</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">C.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Borrower must sign all documents necessary at any time to comply with the Loan</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Documents and to enable Lender to acquire, perfect, or maintain Lender &#8217;s liens on</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Collateral.</font></p></td>
<td valign="top" style="width:13.95%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:1pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:1pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">D.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:1pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Lender</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">may</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">exercise</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">its</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">rights</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">separately</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">together,</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">as</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">many</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">times</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="color:#000000;"> </font><font style="color:#000000;">in</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">order</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">it chooses. Lender may delay or forgo enforcing any of its rights without giving up any of</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">them.</font></p></td>
<td valign="top" style="width:11.05%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:1pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">E.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">Borrower may not use an oral statement of Lender or SBA to contradict or alter the written</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">terms</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">Note.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:2pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">F.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">If</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:0.25pt;color:#000000;"> </font><font style="color:#000000;">part</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">Note</font><font style="letter-spacing:0.3pt;color:#000000;"> </font><font style="color:#000000;">is</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">unenforceable,</font><font style="letter-spacing:0.65pt;color:#000000;"> </font><font style="color:#000000;">all</font><font style="letter-spacing:0.3pt;color:#000000;"> </font><font style="color:#000000;">other parts</font><font style="letter-spacing:0.15pt;color:#000000;"> </font><font style="color:#000000;">remain</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">in</font><font style="letter-spacing:0.45pt;color:#000000;"> </font><font style="color:#000000;">effect.</font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">G.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">To</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">extent</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">allowed</font><font style="letter-spacing:0.1pt;color:#000000;"> </font><font style="color:#000000;">by</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">law,</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">waives</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">all</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">demands</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">notices</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">in</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">connection</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">with</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:-2.65pt;color:#000000;"> </font><font style="color:#000000;">Note, including presentment, demand, protest, and notice of dishonor. Borrower also waives</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">any defenses based upon any claim that Lender did not obtain any guarantee; did not obtain,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">perfect,</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">maintain</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">lien</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">upon</font><font style="color:#000000;"> </font><font style="color:#000000;">Collateral;</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">impaired</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">Collateral;</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">did</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">not</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">obtain</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">fair</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">market</font><font style="letter-spacing:-2.65pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="color:#000000;"> </font><font style="color:#000000;">Collateral</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">at</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">a sale.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:16pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">10.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">STATE</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">SPECIFIC</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">PROVISIONS:</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">A.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Business Day Definition</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">A &#8220;</font><font style="font-weight:bold;color:#000000;">Business Day</font><font style="color:#000000;">&#8221; is each day except Saturdays, Sundays, Federal</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Reserve</font><font style="color:#000000;"> </font><font style="color:#000000;">Bank</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">established holidays,</font><font style="color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">day</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">which by</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">order or decree</font><font style="letter-spacing:0.2pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">is</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">closed.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.48%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.92%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">B.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Set Off</font><font style="text-decoration:underline;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Rights</font><font style="color:#000000;">.</font><font style="letter-spacing:2.5pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">consents</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="color:#000000;"> </font><font style="color:#000000;">Lender&#8217;s</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">right</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">set off</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">under</font><font style="color:#000000;"> </font><font style="color:#000000;">Florida</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">law.</font></p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:7pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">C.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Rights</font><font style="text-decoration:underline;letter-spacing:-0.6pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">and</font><font style="text-decoration:underline;letter-spacing:-0.6pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Remedies</font><font style="text-decoration:underline;letter-spacing:-0.6pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">of</font><font style="text-decoration:underline;letter-spacing:-0.6pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Lender;</font><font style="text-decoration:underline;letter-spacing:-0.55pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">No</font><font style="text-decoration:underline;letter-spacing:-0.6pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Waiver</font><font style="color:#000000;">.</font><font style="letter-spacing:1.6pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">shall</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">be</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">entitled</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">pursue</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">all</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">rights</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">remedies</font><font style="color:#000000;"> </font><font style="color:#000000;">provided</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">by</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">applicable</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">law</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">and/or</font><font style="color:#000000;"> </font><font style="color:#000000;">under</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">terms</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">of this</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">Note,</font><font style="color:#000000;"> </font><font style="color:#000000;">all</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="color:#000000;"> </font><font style="color:#000000;">which</font><font style="color:#000000;"> </font><font style="color:#000000;">shall</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:4pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:9pt;margin-bottom:0pt;margin-left:7.43%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:47.1%;"><font style="font-size:11pt;">Page 5</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-top:0pt;margin-bottom:0pt;margin-left:16.4%;margin-right:7.61%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">be cumulative and may be exercised successively or concurrently. Lender&#8217;s delay in exercising<font style="letter-spacing:-2.6pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>failure<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>exercise<font style="letter-spacing:-0.25pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>rights<font style="letter-spacing:-0.15pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>remedies<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>which<font style="letter-spacing:-0.3pt;"> </font>Lender<font style="letter-spacing:-0.25pt;"> </font>may<font style="letter-spacing:-0.3pt;"> </font>be<font style="letter-spacing:-0.15pt;"> </font>entitled<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>pursue<font style="letter-spacing:-0.25pt;"> </font>upon<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-2.6pt;"> </font>occurrence of a Default shall not constitute a waiver of any of Lender&#8217;s rights or remedies with<font style="letter-spacing:-2.6pt;"> </font>respect<font style="letter-spacing:-0.5pt;"> </font>to<font style="letter-spacing:-0.55pt;"> </font>that<font style="letter-spacing:-0.4pt;"> </font>or<font style="letter-spacing:-0.35pt;"> </font>any<font style="letter-spacing:-0.55pt;"> </font>subsequent<font style="letter-spacing:-0.35pt;"> </font>default,<font style="letter-spacing:-0.4pt;"> </font>whether<font style="letter-spacing:-0.4pt;"> </font>of<font style="letter-spacing:-0.5pt;"> </font>the<font style="letter-spacing:-0.4pt;"> </font>same<font style="letter-spacing:-0.35pt;"> </font>or<font style="letter-spacing:-0.4pt;"> </font>a<font style="letter-spacing:-0.4pt;"> </font>different<font style="letter-spacing:-0.4pt;"> </font>nature,<font style="letter-spacing:-0.5pt;"> </font>nor<font style="letter-spacing:-0.4pt;"> </font>shall<font style="letter-spacing:-0.4pt;"> </font>any<font style="letter-spacing:-2.6pt;"> </font>single<font style="letter-spacing:-0.55pt;"> </font>or<font style="letter-spacing:-0.45pt;"> </font>partial<font style="letter-spacing:-0.45pt;"> </font>exercise<font style="letter-spacing:-0.45pt;"> </font>of<font style="letter-spacing:-0.65pt;"> </font>any<font style="letter-spacing:-0.6pt;"> </font>right<font style="letter-spacing:-0.45pt;"> </font>or<font style="letter-spacing:-0.45pt;"> </font>remedy<font style="letter-spacing:-0.6pt;"> </font>by<font style="letter-spacing:-0.65pt;"> </font>Lender<font style="letter-spacing:-0.45pt;"> </font>preclude<font style="letter-spacing:-0.5pt;"> </font>any<font style="letter-spacing:-0.6pt;"> </font>other<font style="letter-spacing:-0.45pt;"> </font>or<font style="letter-spacing:-0.5pt;"> </font>further<font style="letter-spacing:-0.45pt;"> </font>exercise<font style="letter-spacing:-2.6pt;"> </font>of that or any other right or remedy.<font style="letter-spacing:0.05pt;"> </font>No waiver of any right or remedy by Lender shall be<font style="letter-spacing:0.05pt;"> </font>effective unless made in writing and signed by Lender, nor shall any waiver on one occasion<font style="letter-spacing:0.05pt;"> </font>apply to any future occasion, but shall be effective only with respect to the specific occasion<font style="letter-spacing:0.05pt;"> </font>addressed<font style="letter-spacing:-0.05pt;"> </font>in<font style="letter-spacing:-0.15pt;"> </font>that<font style="letter-spacing:0.05pt;"> </font>signed writing<font style="letter-spacing:-0.15pt;"> </font>by<font style="letter-spacing:-0.15pt;"> </font>Lender.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">D.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Attorney</font><font style="text-decoration:underline;letter-spacing:-0.4pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Fees</font><font style="color:#000000;">.</font><font style="letter-spacing:2.2pt;color:#000000;"> </font><font style="color:#000000;">If</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">Default</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">occurs</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">Note</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">is</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">placed</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">by</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">in</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">hands</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">an</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">attorney</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">for collection or is collected through any legal proceeding, Borrower promises to pay Lender&#8217;s</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">costs, fees, expenses, disbursements and reasonable attorney and paralegal fees incurred in</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">connection therewith, regardless of whether suit is filed, both before and during trial, and</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">including but not limited to all such fees, costs and expenses incurred in any administrative,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">appellate,</font><font style="color:#000000;"> </font><font style="color:#000000;">bankruptcy, collection,</font><font style="color:#000000;"> </font><font style="color:#000000;">insolvency, or</font><font style="color:#000000;"> </font><font style="color:#000000;">post</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">judgment</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">proceedings.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">E.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Choice</font><font style="text-decoration:underline;letter-spacing:-0.3pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">of</font><font style="text-decoration:underline;letter-spacing:-0.2pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Law</font><font style="text-decoration:underline;letter-spacing:-0.3pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">and</font><font style="text-decoration:underline;letter-spacing:-0.35pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Venue</font><font style="color:#000000;">.</font><font style="letter-spacing:2.1pt;color:#000000;"> </font><font style="color:#000000;">Subject</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">Section</font><font style="text-decoration:underline;letter-spacing:-0.35pt;color:#000000;"> </font><font style="text-decoration:underline;color:#000000;">7</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">Note,</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">Note</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">shall</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">be</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">governed</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">by</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">laws of the State of Florida, and the United States of America, whichever the context may</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">require or permit.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Borrower agrees that proper venue for any action that may be brought under</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">this Note shall be in Miami-Dade County, Florida, or in the county where Borrower&#8217;s principal</font><font style="letter-spacing:-2.65pt;color:#000000;"> </font><font style="color:#000000;">place of business is located, at Lender&#8217;s option.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Should Lender institute any action under this</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Note, Borrower hereby submits itself to the jurisdiction of any federal or state court where</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Lender files such civil action.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Nothing contained in this Note, however, shall be deemed to</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">constitute, or to imply the existence of, any agreement by Lender to bring any such action only</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">in said courts or to restrict in any way any of Lender&#8217;s remedies or rights to enforce the terms</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="color:#000000;"> </font><font style="color:#000000;">this Note</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">as, when</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">and where Lender</font><font style="color:#000000;"> </font><font style="color:#000000;">shall</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">deem</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">appropriate,</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">in</font><font style="color:#000000;"> </font><font style="color:#000000;">its</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">sole discretion.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">F.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Notices</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">All</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">notices,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">requests,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">instructions,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">demands,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">consents,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">authorizations</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">other</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">communications hereunder between the parties will be in writing and will be deemed to have</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">been duly delivered and received if: (1) delivered in person with return receipt requested or by</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">courier (e.g., include but are not limited to FedEx, DHL, UPS, etc.); (2) delivered by facsimile</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">e-mail with</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">acknowledgement returned</font><font style="color:#000000;"> </font><font style="color:#000000;">promptly</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">thereafter</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">by</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">facsimile</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">e-mail;</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">(3)</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">if</font><font style="letter-spacing:-2.65pt;color:#000000;"> </font><font style="color:#000000;">mailed by U.S. mail &#8211; then by certified, return receipt requested to the address set forth in this</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Addendum or to such other address as a party may specify in writing.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Notice shall be effective</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">upon receipt except for notice via email, which shall be effective only when the recipient, by</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">return email or notice delivered by other method provided for in this paragraph, acknowledges</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">having received that email (with an automatic &#8220;read receipt&#8221; or similar notice not constituting</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">an</font><font style="color:#000000;"> </font><font style="color:#000000;">acknowledgement</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">an</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">email receipt</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">for</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">purposes</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">of this</font><font style="color:#000000;"> </font><font style="color:#000000;">paragraph).</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">G.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Transfer of Loan</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Lender may, at any time, sell, transfer, or assign the Note, and any or all</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">servicing rights with respect thereto, in whole but not in part, or grant participations therein.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">may</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">forward</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">each</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">purchaser,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">transferee,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">assignee,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">servicer</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">participant</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">all</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">documents</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">information</font><font style="letter-spacing:-0.8pt;color:#000000;"> </font><font style="color:#000000;">which</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">now</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">has</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">may</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">hereafter</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">acquire</font><font style="letter-spacing:-0.65pt;color:#000000;"> </font><font style="color:#000000;">relating</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.75pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">in</font><font style="color:#000000;"> </font><font style="color:#000000;">connection</font><font style="color:#000000;"> </font><font style="color:#000000;">therewith</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">as</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">determines</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">necessary</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">within</font><font style="color:#000000;"> </font><font style="color:#000000;">Lender&#8217;s</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">discretion.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">H.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Authority to Execute Loan Documents</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">The individual(s) executing this Note on behalf of</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">represents</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">Lender</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">that</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">he</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">and/or</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">she</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">has</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">been</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">duly</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">authorized</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">under</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">Borrower&#8217;s</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">organizational documents and Florida law by either (i) the Board of Directors of the Borrower</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">if</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">is</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">corporation;</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">(ii)</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">required</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">Manager(s)</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">if</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.35pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">is</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">a</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">&#8220;manager</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">managed&#8221;</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">limited</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">liability</font><font style="letter-spacing:-0.6pt;color:#000000;"> </font><font style="color:#000000;">company;</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">(iii)</font><font style="letter-spacing:-0.45pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">required</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">Managing</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">Member(s)</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">of</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:8pt;margin-bottom:0pt;margin-left:7.43%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:47.1%;"><font style="font-size:11pt;">Page 6</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-top:0pt;margin-bottom:0pt;margin-left:16.4%;margin-right:7.61%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the Borrower if the Borrower is a &#8220;member managed&#8221; limited liability company; or (iv) the<font style="letter-spacing:0.05pt;"> </font>General Partner of the Borrower if the Borrower is a general partnership; or (v) the General<font style="letter-spacing:0.05pt;"> </font><font style="letter-spacing:-0.05pt;">Partner</font><font style="letter-spacing:-0.55pt;"> </font><font style="letter-spacing:-0.05pt;">of</font><font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.05pt;">the</font><font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.05pt;">Borrower</font><font style="letter-spacing:-0.65pt;"> </font><font style="letter-spacing:-0.05pt;">if</font><font style="letter-spacing:-0.7pt;"> </font><font style="letter-spacing:-0.05pt;">the</font><font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.05pt;">Borrower</font><font style="letter-spacing:-0.55pt;"> </font>is<font style="letter-spacing:-0.6pt;"> </font>a<font style="letter-spacing:-0.6pt;"> </font>limited<font style="letter-spacing:-0.55pt;"> </font>liability<font style="letter-spacing:-0.75pt;"> </font>limited<font style="letter-spacing:-0.6pt;"> </font>partnership<font style="letter-spacing:-0.75pt;"> </font>to<font style="letter-spacing:-0.55pt;"> </font>make,<font style="letter-spacing:-0.6pt;"> </font>execute<font style="letter-spacing:-2.65pt;"> </font>and deliver this Note and all other Loan Documents in his and/or her capacities as set forth in<font style="letter-spacing:0.05pt;"> </font>their respective signature block(s) below.<font style="letter-spacing:0.05pt;"> </font>The undersigned represent(s) that the Borrower&#8217;s<font style="letter-spacing:0.05pt;"> </font>acceptance of this Loan and the execution of all the Loan Documents have all been duly<font style="letter-spacing:0.05pt;"> </font>authorized,<font style="letter-spacing:-0.15pt;"> </font>and<font style="letter-spacing:-0.1pt;"> </font>that<font style="letter-spacing:0.05pt;"> </font>all<font style="letter-spacing:-0.1pt;"> </font>the<font style="letter-spacing:-0.1pt;"> </font>Loan Documents<font style="letter-spacing:-0.1pt;"> </font>are<font style="letter-spacing:-0.1pt;"> </font>legally<font style="letter-spacing:-0.15pt;"> </font>binding<font style="letter-spacing:-0.15pt;"> </font>upon Borrower.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">I.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Maintenance of Deposit Accounts</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Borrower shall maintain a deposit account with Lender</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">during</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">life</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">Loan</font><font style="color:#000000;"> </font><font style="color:#000000;">(the</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">&#8220;Deposit</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">Account&#8221;).</font><font style="letter-spacing:2.6pt;color:#000000;"> </font><font style="color:#000000;">Borrower</font><font style="color:#000000;"> </font><font style="color:#000000;">acknowledges</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">that</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="color:#000000;"> </font><font style="color:#000000;">proceeds</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">of</font><font style="color:#000000;"> </font><font style="color:#000000;">the Loan</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">shall</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">be deposited by</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">Bank</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">into</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">the Deposit</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Account.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">J.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Direct Debit</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">If all or any part of the Loan is not forgiven, Borrower agrees that Lender may</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">debit</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">Deposit</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">Account</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">for</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">Monthly</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">Payment</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">due</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">hereunder</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">if</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">payment</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">is</font><font style="letter-spacing:-0.3pt;color:#000000;"> </font><font style="color:#000000;">not</font><font style="letter-spacing:-0.25pt;color:#000000;"> </font><font style="color:#000000;">timely</font><font style="letter-spacing:-2.65pt;color:#000000;"> </font><font style="color:#000000;">made by</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">Borrower.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">K.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Miscellaneous</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Time shall be of the essence with respect to the terms of this Note.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Whenever</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">used in this Note and unless the context otherwise requires, words in the singular include the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">plural, words in the plural include the singular, and pronouns of any gender include the other</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">genders.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Captions and paragraph headings in this Note are for convenience only and shall not</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">affect</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">its interpretation.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Calibri;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:bold;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">L.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Calibri;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;font-family:Times New Roman;color:#000000;">WAIVER OF TRIAL BY JURY</font><font style="font-family:Times New Roman;color:#000000;">.</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">BORROWER HEREBY, AND LENDER BY ITS</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">ACCEPTANCE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OF</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THIS</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">NOTE,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">KNOWINGLY,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">VOLUNTARILY</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">AND</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A TRIAL BY</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">JURY</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">IN RESPECT TO</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">ANY LITIGATION ARISING OUT OF, UNDER, OR IN</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">CONNECTION WITH THIS NOTE AND ALL LOAN DOCUMENTS AND OTHER</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">AGREEMENTS</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">EXECUTED</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OR</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">CONTEMPLATED</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">TO</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">BE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">EXECUTED</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">IN</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">CONNECTION</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">WITH</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">LOAN,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OR</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">ARISING</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OUT</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OF,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">UNDER,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OR</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">IN</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">CONNECTION</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">WITH</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">ANY</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">COURSE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OF</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">CONDUCT,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">COURSE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OF</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">DEALING,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">STATEMENTS</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">(WHETHER</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">VERBAL OR</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">WRITTEN)</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OR ACTION OF</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">EITHER</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">PARTY,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">WHETHER</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">IN</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">CONNECTION</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">WITH</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">MAKING</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OF</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">LOAN,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">COLLECTION</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OF</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THE</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">LOAN,</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OR</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">OTHERWISE.</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THIS</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">PROVISION</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">IS</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">A</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">MATERIAL INDUCEMENT FOR LENDER MAKING THE LOAN EVIDENCED BY</font><font style="font-family:Times New Roman;letter-spacing:0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THIS NOTE.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Calibri;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:12.49%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:3.91%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;">M.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="text-decoration:underline;color:#000000;">Electronic Signatures</font><font style="color:#000000;">.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Borrower and Lender agree to conduct any transaction, use any service,</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">system, product, or enter into any required agreement of Lender (hereinafter each, individually</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">collectively,</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">&#8220;Electronic</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">Transactions&#8221;)</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">via</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">established and</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">commercially accepted</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">electronic commerce applications or methods, with the parties employing appropriate security</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">procedures with respect to the same.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">The parties agree that the electronic signatures appearing</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">on any of the Electronic Transactions authorized by this Note shall have the same force in law</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">as handwritten signatures for the purpose of validity, enforceability, and admissibility. Records</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">of all such Electronic Transactions electronically signed relating to this Note shall be made</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">available by the parties to one another, consistent with their respective data storage / retention</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">policies / procedures, and, as such, are available to each other. The parties further agree that all</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">Electronic</font><font style="letter-spacing:-0.7pt;color:#000000;"> </font><font style="color:#000000;">Transactions</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">authorized</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">pursuant</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">this</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">paragraph</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">shall</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">have</font><font style="letter-spacing:-0.4pt;color:#000000;"> </font><font style="color:#000000;">the</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">full</font><font style="letter-spacing:-0.5pt;color:#000000;"> </font><font style="color:#000000;">force</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">and</font><font style="letter-spacing:-0.55pt;color:#000000;"> </font><font style="color:#000000;">effect</font><font style="letter-spacing:-2.6pt;color:#000000;"> </font><font style="color:#000000;">of law.</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">The parties agree that to the extent not covered by this paragraph, Florida statutes</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">relating to Electronic Commerce (Chapter 668) or the Electronic Signatures in Global and</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">National Commerce Act (15 USCS &#167;&#167; 7001 et seq.), as may be amended from time to time or</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">any</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">successor</font><font style="color:#000000;"> </font><font style="color:#000000;">legislation, shall</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">apply</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">to</font><font style="color:#000000;"> </font><font style="color:#000000;">the conduct</font><font style="letter-spacing:0.05pt;color:#000000;"> </font><font style="color:#000000;">described</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">herein.</font></p></td>
<td valign="top" style="width:7.61%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:8pt;margin-bottom:0pt;margin-left:7.43%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:47.1%;"><font style="font-size:11pt;">Page 7</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:11.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:left;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Calibri;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:left;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:bold;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">11.</font></p></td>
<td valign="top">
<p style="text-align:left;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Calibri;font-size:11pt;"><a name="11._AGREEMENT_TO_MAKE_CHANGES_TO_THIS_NO"></a><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;"></font><font style="font-family:Times New Roman;color:#000000;">AGREEMENT</font><font style="font-family:Times New Roman;letter-spacing:-0.15pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">TO</font><font style="font-family:Times New Roman;letter-spacing:-0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">MAKE</font><font style="font-family:Times New Roman;letter-spacing:-0.15pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">CHANGES</font><font style="font-family:Times New Roman;letter-spacing:-0.1pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">TO</font><font style="font-family:Times New Roman;letter-spacing:-0.05pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">THIS</font><font style="font-family:Times New Roman;letter-spacing:-0.15pt;color:#000000;"> </font><font style="font-family:Times New Roman;color:#000000;">NOTE:</font></p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:13.95%;margin-right:7.61%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Borrower acknowledges that in order to disburse the Loan proceeds to Borrower at the earliest<font style="letter-spacing:0.05pt;"> </font>possible time, Lender has prepared this Note based on its current understanding of the Paycheck<font style="letter-spacing:0.05pt;"> </font>Protection Program (the &#8220;Program&#8221;) administered by the SBA and the terms thereof. Borrower<font style="letter-spacing:0.05pt;"> </font>agrees that, if Lender deems it necessary or appropriate to amend this Note in any respect in order<font style="letter-spacing:-2.6pt;"> </font>for this Note to comply with the requirements of the Program or for the SBA to guarantee all or<font style="letter-spacing:0.05pt;"> </font>any portion of the amounts outstanding under this Note, Borrower will sign and deliver to Lender<font style="letter-spacing:0.05pt;"> </font>any amendment to this Note or a new note in replacement of this Note, with the terms of any<font style="letter-spacing:0.05pt;"> </font>amendment or new note retroactive to the date of this Note. Borrower will also execute any<font style="letter-spacing:0.05pt;"> </font>additional documentation the Lender requests that Lender believes is consistent with the purposes<font style="letter-spacing:-2.6pt;"> </font>of<font style="letter-spacing:-0.05pt;"> </font>the Program.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:7.42%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:10pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
<td valign="top" style="width:6.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:10pt;font-weight:normal;font-style:normal;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="font-weight:normal;font-style:normal;text-decoration:none;Background-color:#auto;color:#auto;font-size:11pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;">12.</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:10pt;font-weight:normal;font-style:normal;color:#auto;text-transform:none;font-variant: normal;letter-spacing:0pt;font-family:Times New Roman;font-size:11pt;"><font style="Background-color:#auto;text-decoration:none;"></font><font style="color:#000000;">BORROWER&#8217;S</font><font style="letter-spacing:-0.1pt;color:#000000;"> </font><font style="color:#000000;">NAME(S)</font><font style="letter-spacing:-0.2pt;color:#000000;"> </font><font style="color:#000000;">AND</font><font style="letter-spacing:-0.15pt;color:#000000;"> </font><font style="color:#000000;">SIGNATURES:</font></p></td></tr></table></div>
<p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;margin-left:13.95%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">By<font style="letter-spacing:-0.2pt;"> </font>signing<font style="letter-spacing:-0.2pt;"> </font>below, each<font style="letter-spacing:-0.15pt;"> </font>individual<font style="letter-spacing:-0.1pt;"> </font>or<font style="letter-spacing:-0.05pt;"> </font>entity<font style="letter-spacing:-0.2pt;"> </font>becomes obligated<font style="letter-spacing:-0.05pt;"> </font>under<font style="letter-spacing:-0.15pt;"> </font>this Note<font style="letter-spacing:-0.05pt;"> </font>as<font style="letter-spacing:-0.1pt;"> </font>Borrower.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-size:11.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Executed<font style="letter-spacing:-0.1pt;"> </font>on:&nbsp;&nbsp;<font style="font-size:9pt;font-family:Lucida Console;">3/10/2021</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-weight:bold;;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Borrower:</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Name of Borrower: <font style="font-size:9pt;font-family:Lucida Console;">COOL HOLDINGS, INC.</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-family:Times New Roman;font-size:9pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:45.65%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Signature:<font style="letter-spacing:0.15pt;"> </font><font style="text-decoration:underline;"> /s/ Vernon A. LoForti</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-size:7.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Name of Signatory: <font style="font-size:9pt;font-family:Lucida Console;">VERNON LOFORTI</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:45.65%;text-indent:0%;font-family:Times New Roman;font-size:9pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:45.65%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Title of Signatory: <font style="text-decoration:underline;">Authorized Representative of Borrower</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:8pt;">&nbsp;</p>
<p style="margin-top:4pt;margin-bottom:0pt;margin-left:0.91%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:1pt;">&nbsp;</p></body>
</html>
</TEXT>
</DOCUMENT>
</SUBMISSION>
