Preview
FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024
NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024
"A"
Exhibit
Promissory Note/Security Agreement/Personal Guaranty
FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024
NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024
THIS IS A COPY Page 1 Of 3
DeCuSign Envelope ID: 8860A841.8DDD-486A-AF4D-BDF4670E4740
This is a copy vieW of the Authoritative Copy held
FINANCING (SoleProprietorship)
AGREEMENT by the designated Custodian
PROMISSORY
NOTEISECURITY
AGREEMENT/PERSONAL GUARANTY
Agreement
No 1I3673B
COMPLETE NAMEANDADDRESS OF COMPLETE
NAMEANDADDRESS
OFGUARANTOR NAMEANDADDRESS
COMPLETE OFDEBTOR
CREDITOR
BankersHealthcareGroup,LLC MatthewBerlin MatthewBerlind Ma aw Berlin,Sole
10234WStateRoad84 4434I.aGranadaWay 4434LaGranadaWay
DevleFL 33324 LaCanadaFlintddge,CA91011 LaCanadaFlintridge,CA91011
(800)990-8401
Thedaleof thisPromissory Agreement/Personal
Note/Security "AgreemenFps
Guaranty(cogectively thedateofexecution areasreAccled
notedbelowThepartesandtheiraddresses above
FORCOMMERCIAL PURPOSES ANDVALUERECEIVEDDebtordoesherebypromiseto pay to Creditoror Its Order,at the addresslisted aboveor at such otherlocatlenasotherwisedesignatedby
Creditor,thelotalsumofThreeHundredSevenThousand,Six HundredFourDOLLARSand Forty CENTS(S307,604.40), whIchrepresentsIhelotalof payments of principalplusinterestdueandwhichwill
becomeduehereunder fromthedateof thisAgreementunhlthe maturitydateof thisAgreement, as setforthin the Addendum
whichsurreshallbe payablein monthlyinstallments, hereto,wh"chis incorporaind
hereinby tNsreferenceInaddidonto thelotalsumof paymentsDebtordoesherebypromiselo pay interestpayaNecompuleddailyon theoutstanding principalbalanceoIthe Agreement deterrruned
as of the
doseof businesson eachday,commencing on thefundngdateandup to one(1) monthpriorto thelirstpaymentdate Interiminterest,whenapplicatre.willbedueandpayableonernonthpriorto the Arst
scheduled montNypaymentandwigbedeductedfrorntheamountfundedtotheDebtor,
PAYMENT(S) INTHEAMOUNTOF BEGINNING
ON
THE PAYMENT COMMENCEMENTDATE WILL BE
120 $2,1163.37 REFLECTEDONTHERECORDED
VERBALVERIFICATION
FORM.
PREPAYMENT: PURSUANTTOTHETERMSOFTHISNOTE,DEBTORHASNORIGHTTOPREPAY,N WHOLEOREePART,FORTHEFIRST12MONTHS LOAN.CREDITOR,
OFTHISCOMMERCIAL
SUBJECT TOTHETERMSHEREOF,UPONTHEREQUESTBYDEBTOR,WILLAMENDANDMODFYTHEAGREEMENT SOASTOALLOWTHISCOMMERCIALLOANTOGEPREPAID,
INWHOLEOR
IN PART,AFTERTHEFIRST12MONTHS.
INTHEEVENTOFA PREPAYMENT
PERMITTED
UNDjiRTHETERMSOFTHISAGREEMENT,
DEBTORSHALLPAYOUTSTANDING
PRINCIPAL ACCRUED
GALANCE, ANYMODIFICATON
INTEREST,
ANDAMENDMENT FEE,ANDANYOTHEROUTSTANDINGFEESOWED,
AUTOMATIC PAYMENT(ACH).AII paymentsIn accordance withtNs Noteshanbe madein the Ibrmof an ACHtransferdirecdyfromthe Debtorsbusinessaccourt TheDebtorsterrainagon of an ACH
authodzanon
withouttheCreditorspriorwrittenconsentshallbeconsIderedaneventofdefault.ShouldDeblorterminaleanACHau1horization withtheconsentof Creditor.smddeliverspaymentsby checkor other
non-ACHtormof payment,Debtoragreesto pay a service.handtIngandaccoun8ng expenselee to Creditorresul#ng
fromthe Inakingof a non-ACHpaymentIn anamoung equalto fifteenpercent(15%)of the
paymentthendue.
DS
NOTE:PleaseconsultyourCPAand/orAttomeyIfyoudonotundersland theterms.structureandconditions
regardingthIscommercialprornissorynote
I. PROMISsÓRV NOTE (I have read and understand that I am executing a.p,rgm.]sgry ri6te Inif
DEFINITIONS
"Eqdpmenrrneans all propertynowor subsequendy usedor boughtforuse by DebtorInthebusinessandall replacements, partsor additionsaltachedor atilxedto theproperty."Chattelpaper* "Instruments-.
and"accounts"
"inlangibles' shallhavethesamemeaning asdennedundertheUniformCommercial CodeoftheSta1eof Florida,andshanincludeaI accounis(including, allaccounts
withoutIImitation. receivable}.
generalintangINes (including,withoutlimitation,conlractrightsandtax refunds)andall retumedor repossessed goods.all chattelpaperUncluelng, withoutIImitationteases)andinslrurnents,
'Proceeds"
andanInterestsa
Debtorin anguarantees, securityagreements andotherpropertysecuringthepaymentor pfrkheamb of oNigations underany ofIneforegolag. shallmeanproceeds any o f characterw hether
cashor
non-casit "Inventory" meansanproperty,partsandaccessories acquiredthroughDebtorsbusinesswhetheror notallixedor attachedInwhichDebtornowhasor maysubsettuen6y acquireany right,titlecr
receivable"
interest."Aci:aunts rneansa9accounts, of obligatonsnowor hereafterreceivedby or belcogingto Debtorfor goodssoldby Debtoror
agreements, drafts,ordersandchoosetin acdonandotherfom1s
forservicesrendered by Debtorandallrightsof Debtorearnedor yettoheeamed undercontractsto seI orrenderservices."GoodwiFmeansIhebenefitthattheDebtorsbusiness acquiresbeyondthemorevalue
ofitscapilalstockandtangibleassets,asaresultofItsrepulaeon. "SpecificProperty"meansallofthefollowingpropeity:AIIpropertyasdescribed onSchedule "A"attachedhereto."AllProperty"meansall
propeny
ofeverydescription
SECURITY INTEREST. Debtorgrantsto Creditora securityinterestin all of Ihefight,titleandInterestof Deblerin andtoAccountsReceivables, Inventory.
Instruments,
Equipment,Intangibles. Chattel
Accounts,
PaperGoodWit, SpedilePropertyandAll PropertyofDebtorandallproceeds Ihe"CoIaleraF).TNssecurityinterestis grantedto Creditorby Debtortosecureperformance
thereof(colleclively, andpayment of an
obligatonsandindeblessess
of Debtorto Creditorhereunder andassetforthhereinDebtoragreestoallow creditortofileaUCC-1Financing S Intheappropitate
tatement s late.
PAYMENT OFOBLIGATIONS OFDEBTOR.Debtorshallpayto Creditorany sumdueor Ihatmaybecomeduepursuantto thIsagreement. Debtorshallpayto Credilorallamountsduein theformof cashand
negotiable
instruments.DebtorshallholdtheCollateral
as-signed
toCreditorpursuanttothisagreement in bustforCreditorandDebIorshallprompdytumoverOteConsteral toCreditor.andtheproceeds1hereof,
forapplication of Debtorto Creditor,
againstIheindebtedness whenrequested by Creditor.TheorderandmethodoIsuchappilcaBon againsttheIndebtednessInlo beInthesolediscredon of Creditor.DebtorshaI
payCreditorondemandallexpenses incisedor paldbyCreatorInexercisingor protecting
Itsinterests,rightsandremedies plusinterestonsuchamountatthemaxi3nurn
underIhIssecurityagreement, legalrate.
DEBTOR'S REPRESENTATONS, WARRANTIES ANDAGREEMENTS. Debtorrepresents. warrantsandagreesthatall Informallon suppliedandslatements madeby DebtorIn anyAnancial, creditor accounting
slatementor appUcationforcreditpriorto, contemporeneously with,or subsequent totheexecutionoIlhis securityagreement areandshallbeIrue,conect,complete, valldandgenuine.Debtorauthorizes Creditor
toGre,atCredlorsoption,aninlbrmation or otherfinancing
statements.Debtorshallpayallcostsof anylilingsof imancingstatements orotherpapers.Debtorshallpaypriorto dellnquency alltaxes,charges,Rens
andassessmepts againstIkeCollateral;andonDebtorsfailuretodo so.CreditoratIIsoptionmaypayanyofsuchilernsandshanbethesolejudge.as betweenit andDebtor,ofthelegalityor validitythereofand
theantountnecessary to dischargethem. Suchpayment shallbeame partof theIndebtedness securedby this securityagreement andshallbe paIdto CreditorImmediately andwithoutdemand.withinterest
thereonattheInaximum legairate.Debtorshall.atalltimes.keeptheCollateral #eefromanyadverselion,secogity Interest,orencumbrance andIngoodorderandrepaIrandWIllnotwasteor destroytheCollateral
or any partthereof;andDebbrwlAnotuseotherCoAateral of any slatuteor ordnance:andCreatormayexamineandinspecttheCollateralat any tirne,whereverlocated. Debtorshallprovideall
in VIolation
documents necessaryto perfect,protectandpreserveCreditorsinterestsin the CoAateral. indudingprovidingaBAnancing subjectthe Collateralor its
staternents.Debtorshallnot.voluntarilyor Involunlartly.
or anowthe Collateralor its proceedsto be subjectedlo anyinterestof any Iransferee.
proceeds.. buyer,securedparty,encumbrance. levy,execution,attachment, garnishmentor third partyperson. Debtors
equipment, inventoryandchiefawye ofAcesandprincipalplaceof businessshallbelocaledat theaddresssetforthabove. Debtorshot noUfyCreditorpromptlyin wriungof any changesin thelocaBonof
Debtorsprindpalplaceof business,chiefexecutiveofAcesor its eqdpmentor inventory.includngany additionsanddiscontinuances. All provisionsof Ihis FinancingAgreementare incorporaled hereinby
feferenceandsha@ beconsidered materialtermsofthisSecurityAgreement.
EVENTSOFDEFAULT.Intheeventof default.timebe:ngof Iheessence.theenureamountof principalthenunpaidandaAunpaidinterestshallbecome.withoutno1iceor demand.at theoptonof theCreditor,
immediately dueandpayableEventsof Defaultshallinclude,butnotbelimitedtothefogowing{ ) Debtorsfailureto paytimelyanyarnountdueunderthis Note;(ii) Debtorfilesor hasinstitutedagainstDebtorany
bankruptcy or insolvencyproceedngsor makesanyassignment for thebeneBL gl of theDebtorsassels,or a materialchangein theDebtor,a voluntaryor involuntary
of creditors;(iii) Debtorsellssubstantiagy
dissolulion
of Debtorof thetibngofa petitionto dissolvethe Debtor,(iv)Debtorcommitsfraudor makesanymaterialmisrepresentalion in IhisNote;(v) Debtorfairstoabideby thetermsof thisNote;or (vi) Debtor
defaultsen anynote(s)or otheragreement(s@ Debtorcurrenny has,or anynote(s)or agreement(s) Debtormayhavein thefuture,withCredfor (vli)deathof a guarantor.Incaseof any achontakenand/orsuitor
legalproceeding esututedby theCredtoror anydesigneeto enforcethecolleclionofamountsdueunderthe Financing Agreementandfortherelatedloandocuments execuledtherewith,all costsandexpenses
incurred,ocludingreasonable attomeyfeesandcosts.shallbepaidby Debtorand/orGuarantor andshallbecomesomuchadditionalindebtedness assecuredby tNsAgreement,
INTEREST
AFTERDEFAULT.UpontheoccurrentsofanEventof Defadt.Creditorreserves interestrateallowable
therighttoincreasetheinterestrateonthisNoteby themaximum law.
underapplicable
TIMEISOFTHEESSENCE,Timeis ofIneessence hereofuponIheoccwrenceofanEventofDefatdthereunderCredi1or oritsassignsmayexerciseallrightsandremedies providedforherein.andbylaw
includng,butnotlimitedto,therighttomakeal principal
remaining onthisNoteandal. othersumsundercr inrespectofthisNoteimmediatelydueandpayable,withoutnoliceof default,presentmentordemandfor
payment.protestornotice or dishonorcrothernolicesor demands
of nonpayment
attomeys' of anyIdndorcharacter,exceptasspecifiedhegain.Debloragreeslo payalicostsof collechnganydelinquentpayments.
reasonable
includag fees.aspermitted
by applicable
l aw
LATEPAYMENT.In theeventDebtorfailsto payaltoranyamots1t tobepaidhereunder whendue.DebtorwidpayCreditora latechargeequaltothelesserof (a) 10%ofthepaymentthatis lateand(b)Ihe
maximum amountpermitted byappbcable aw. Thelalechargeis notinterestora penalty,butratheris afeeto defrayadministra1ive
costsresidlingfromsuchlatepayrnent. WAIVER,Debtorherebywaives
noticeofnonpayment
presen1rnent.. ordshonor,protest,noticeofprotest,demandandallotherno1ices in connection
withthedelivery,acceptance,performance, detaidlorenforcementof INsagreement.The
CredIorshannotbedeemed.byanyactof cenission or commission,
tohavewaivedanyofitsrightsor remedieshereunder urgesssuchwaiveris in writingandsignedby sud1holderandthenonlylo theextent
specificadysetforthmwriting A wawerw"th reference
t ooneeventshall a s
notbeconslrued continuing orasa bartoorwaiverof anynghtof remedyasto asubsequent event, delayor orrissionoftheCredIor
N o
lo exerciseanyright.whetherbeforeor aneradefatithereunder. shallumpairanysuchrightorshallbeconstrued tobeawaiverof anyrightor default.andtheacceptance at anytimebythe holderhereofof any
pastduearnount, whetherinidl orIn part,shallnotbedeemedtobeawaiveroftherighttorequirepromptpayment whendueof anyolheramountsU1en orthereafter
dueandpayable.
FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024
NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024
THIS IS A COPY Page 2 of 3
DoCuSign Envelope ID: 8860A841-8DDD-486A-AF4D-BDF4670E4740
This is a copy view of the Authoritative Copy held
TERMINATION. Uponpaymentinfullofallprincipalandallinterestasprovided thisagreement
in thisagreement, shanbedeemedcanceMed andteadbGS felikiGdh 10 IGl4§G$El Aftwhetherby
orinduecourse,interestshallberecalculated
acceleration overtheactuallifeoftheloanbasedupontheamountsoutstandng. andifthetotalamountofInterestthereto e paidexceedstheamountpermittedto
in effectfrom6metotime.theexcessshallbecreditedto Psincipd,orif suchexcessexceeds
law rule,or regulation
bepaidunderapplicable amountduehereunder,
thePrincipal to theDebtor
refunded
Ds
l],, SE.CURD1 GRE.EJ)EET (I hilve feed and understand 1am executlñg a security agreement and acknowledge
that a UCC-1 Firiaticing Statement wHI be filed In the appropriate state INITIAL:)
OTHERREPRESENTATIONS
ASSIGNMENT. Withoutthepliorwrittenconsentof Creditor.Debtorshallnot sen,leaseor allowanylienotherthanCredtors securityinterestagainstan Itemof C ateralor assignany of Debtor'sobligations
hereunderDebtorsotiligationshereuiderarenotassignable by opera1onoflaw Creclitormayat anyGme.inits solediscreton.assignorothegwise Iransferthisagreement or anyofItsng1tscr obligationsunder
thisAgreement, withoutnoteeto Debtor If Debloris givennotcoof suchassignment. DebIorshal.acknowledge thereceiptof theassignment in wgitingandshallthereafterpayanyamountsduehereunder as
directedin thenotiS Therightsof theassigneeto amountsduehereunder shallbefreeof anyclaimor defenseDebtormay haveagainstCredtor.andDebtorknowinify,voluntarily andintentionally
agreesto
waiveandnotassertagainstany assignees anyclaimor defenseDebtormayor doeshaveagainstCreditor All rightsandremediesof Credtor be
may assigned, Iransferredo r otherwise
deposed of, eitherin
wholeorin part,10anypersonor toDebtor
COMPLIANCE AGREEMENT.Forandinconsidera1ion oftheCreditorenteringintoandfundingthesurnssoughtby Debtorunconnection alh thesut1ject
Agreement andlercreditfacility,andin considerabonof
thesutIjectIransacton.Debtoragreestocooperate prompUy withCreditor,itsagentsandforassigts,in thecorrection
orcompleBonoftheloanclosingdocuments, if considerednecessary ordesirableby Creditor
and/oritsagentsand/orassigns,toacewatelyreliecttheagreement oftheparties Debtorunderstands ofa replacement
thatthismayincludetheexecution Agreementa replacement SecurityAgreement, or UCC-
1 Financing 1heagreeduponterms,in whichcasetheCredtoragreestoretumtheorignalofthereplaceddocuments
tore1lect
Statements. toDebtor.inaddition.Debtoracknowledges thatsorneor alloftheloan
dosingdocumenis wereof mayhavebeenexecuted inadvanceofthedateonwhichthesubjectloanwasfundedandthat.assuchcertainoftheanformation setforthontheloanclosingdocurnants Inayhavenot
beencompists.Debtoragreestocooperate inthefilingof anydocumentation neededtoestablishandmaintaintheDebtor'scompany,LLC d/braoranysuchcorporateen1ityandaNows Creditortherighttolilethe
sameonitsbehalf
FORM4808-T:"REQUESTFORTRANSCRIPT OFTAXRETURN"fFORM 8821:"TAXINFORMATON AUTHORIZAT.N". Duringthetermof lhisAgreernent DebtoragfeesthatuponrequestofCreditorits
or assigns,Debtorwillfurnisha signedForm4506-T:*Request
successors ofTaxRelum®
forTranscript ORForm8821*TaxInformation Furlher.Debtoracknowledges
Authorization". andagreesthatCreditor,its
Authorizalion
ofTaxReturnor TaxInformation
andassignshavetheIIghtlo,atCreditorsdisaedon,requestandreviewDebtorsTranscript
successors duringthetermofthiscommercialioan.
APPLICABLE LAW/JURISDICTON & VENUE.Thetermsof Ihe FinancingAgreement andall loandocuments executedherewithshallbe govemedby andconstruedin accordance with thesubstanlive
and
procedurelawsof the Stateof Califomia,exclusiveof the principlesof condictof laws.Venuefor any acUonbroughthereunder.shallbe thechoiceof the Creditor,an'dshallbe RirlItedlo the Debtors
County,Califomieor Onondaga in a statecourtin thecountywheresuchCodateral
County.NewYorit,or. if theacdoninvolvesor Is broughtagainsttheCollateral, is localed,whoserequiredto enforceCreditors
forum.Debtoragreesto submittoIhepersonaljurisdiction
unlessCreditorselectsanalternative
rightsaslo or againsttheCollateral. courtIntheStageof Califomia., Ill theDebtorsCounty,or
of theappropriate
StateofNewYork.Onondaga County,forallsuchdisputes.Debtorexpresslywalvespersonalservkeofprocessandauthorizes serviceof processonDetalor
by registered
mailor carUAed madorovemightdelivery
bya nationaldeMvery servicesentto Debtor'saddressassetforthin Iheintroductoryparagraphof tNsAgreement or suchothermanneras maybepermittedunderapplicable law. TheDebtorfurtherwaivesarly
righttheDebtorinayhavelo transferorchangethevenueof anylitigationbroughtagainstDebtorby Creditor.therighttointerposeanydefenseormotionbasedon ForumNonConveniens or Venue,andanyclaim
forconsequengal,punitiveor specialdarnages.
THEDEBTORANDALL OTHERSWHOMAYBECOMELIABLEFORALL ORANYPARTOFTHISOBLIGATEN,JOINTLYANDSEVERALLY, WAWEANDRENOUNCE THEIRRIGHTTOA TRIALBY
JURYIN RESPECT INCLUDING
TO ANY LITIGAT.N OR PROCEEDING, BROUGHTBY ORAGAINSTDESTORON ANYMATTERSWHATSOEVER
AS TO COUNTERCLAIM ARISINGFROMTHIS
AGREEMENT,THESECURITY AGREEMENT INCLUDED
HEREIN,ANDANYOTHER ANDAGREEMENT
DOCUMENTS EXECUTEDIN CONJUNCTION
WITHTHISCREDIT
TRANSACTION, IN CONTRACT,
INTORTOROTHERWISE. THETERMSOFTHISJURYTRIALWAlVERANDDEBTOR'S AGREEMENT TO CREDITOR
HERETOISA MATERtALINDUCEMENT TOENTERINTOTHll!lTRANSACTON.
DEBTORFURTHERWAIVESANYRIGHTTOREMOVE ANYSTATECOURTACTIONTOFEDERALCOURT.
DS
(fhave read and understand the applicable law, jsWl%Æç.tl9,D+f9M9 a Id gajyeMIIIAL: )
NOTICE.Anynoticeto Creditorwillbeeffec9veonlyon Itsreceiptby Creditor.Anyrequirement of givingnoticeto Debtormaybe sent bymallingthenotice.postageprepaid;byhand-delivery
or by nanonally
recognizedoverNghtdeliveryservice10theDebtorattheaddressstatedinthisaggeemeng DebtorshallbedeemedtohavereceivedanynoticepostedwiththeUnitedStatesPostalServiceontheearlierofthethird
(3'8)businessday afterthe of orthedaleofactuet
posting theno1ce r eceipt.
I ntheevent
o f delhiefyby handof by ovemight D
deliveryservice, ebtor
s haN
bedeemed tohavereceived anysuchnoticeonthedateof
actualdellveryofthesame
BINDINGEFFECT.TNsagreement shallInuretothebenefitofandbe bindngcrl theheirs.executors, successors
administrators. andassignsof therespecdve against
par50s.subject.howevertotherestriction
assignment
by Debtor.Theseobilgations
owedbyDebtor(s) shallbethejointarMIseveralagreement
andanyGuareritor of aUsigning.
FURTHER ASSURANCES.DebtorshaFprovideaAdocuments and,payanstatefeesandtaxes(includingbutnotlimitedto, appropriate stateDocumentaryStamps)necessary to perfectprotectandpreserve
includingprovidogall financingstatements
Creator'srightsandinterestas setforthin this FinandngAgreerpent, andothersimilardocumentsDebtorshaAprovideCreatorwithall financialinformaGon and
statementswithinlen(10)daysofeachanniversary dateof(NaFinamchpAgreement theterrnofthlsFinancing
or within8dity(30)daysofwrittenrequestforthesarnebyCreditorthroughout Agreernant.
COMMERCIAL TRANSACT.N.Debtorherebyacknowledges, warrants,andrepresents thatUnisis a commercialIransacGon, Ihatthe Debtoris in fact a business,andthataAnecessaryIIcenses,perrrits,
registrations
andotherdocurmntations
acknowledge. andrepresent
warrant,
havebeenAbed
thatanyandall
withtheproperauthorides,
proceedso f this
suchIhatthebusinessis Incornpliance
Agreement
Financing shall
b eusedforexpenses, purchases
projects, or otherIgnancialtransacGons -w Debtordoeshereby
WIthslateandlocallawslorthe localityof theDebtor.Furthermore.
wi1handforthebenefitof the
Debtor.
EFFECT OFPARTIALINVALIDITY,sotheaventanyoneor Increoftheprovisions contained in thisdocurnent
shan,for anyreason,beheld10beinapplicable, in anyrespect.such
invalid,Regalorunenforceable
shall.at theoptionof theCreditor.notaffectanyotherprovisionof tNsdocument,
illegalityor unenforceability
Invalidity,
inapplicability, butlhIsdocurnent invalid,glegalor
shallbeconstruedas II suchapplicable,
unenforceaNe pro slonhadneverbeencontained hereinor therein,andtheremaining provisions wIllbeunaffected.
ENTlREAGREEMENT. TheFinancing Agreement andtherelatedloandocuments executedcontemporaneouslytherewithconstitutetheentireagreementof thepartiesasto thesubjectmatterandshallnotbe
amended, signedbytheparties.Anywaiverby CreditormustbeIn wrlUng,
altered,or charigedexceptby a writtenagreernent andforbearance shallnotbeconstruednorconstitute a waiver,11thereIsmorethan
oneDebtornamedin tNs Agreement, pursuanttotNs Agreement
Iheliabilityofeachshallbejointandseveral.Theobligations shallsurvivethereleaseofthe securityinlerestin theCollateral.Deb1orrepresents
andwarrantsall Informedon Debtorhassubmittedto Creditoris completeandIrueandthatINs Agreernent hasbeendulyauthorizedby Debtorandon execuUon, shallconstitutethe legal,vaNdand binding
obligatonoftheDebtor
by:
DocuSigned
x 6/10/2022
MatthewBeMfn )wner Date
MatthewBerlindmla
Matthew Berlin, Sote Proprietor
PERSONAL GUARANTY
Forgoodandvaluableconsideration, thereceiptandsufficiencyofwhich.sherebyacknowledged. and10induceCreditortomakeloansandotherwise engagein anyotheriransaction withDebtorfromlimeto tirne.,
Guaranlorabsolutelyirrevocably promisesto pay and guarantythefuNandpromptpaymentof ali of the Debt.as hereinafter
andunconditionally deñned.whendue(whetherat maturityor uponacceleration).
aNprincipalaccruedenterest,
includng,withoutlimita1Ãort attorneysfeesandoNlec1ionandcourtcoststhat maybeor becomeduefromDebtorto Creditorm collectingtheDebt.as hereinafterdelined,andin
enforcingthisGuarantyandalfotheragreements wilhrespectto DebIorGuarantor ssandshallbe uncondtionally 6ableunderthisGuaranty,regardless of whetherCreditorpursuesany of its remediesagainst
Debtoragainstanyothermaker.surelyguarantor definedof againstany Collateralas thesameis definedandsetforthherein.CredtorshaRhavethefightto bringsuit
or endorserof theDebt,as hereinafter
againstGuarantor aloneoranyoneelsewhois obligatedon thisor anyotherguarantyof theDebt.asheregnafter o r
defined. any number o rcombinationthereofwg1houtjoinderof aNofthe foregoingor Debtor,10
collectthe Debt,asdefinedhereirtForpwposesof tNs Guarantytheterm"Debt'shabmeanandreferto debts.liabilitiesandobligations amountsagreedto bepaidunder
of Debtor(ncludng,withoutlimitation,
thetermsof any agreements; anyagreernentssecuringthepaymentof anydebt,loan,liabih.ty.,
or otliggation; lettersof credit;guaranties.
overdrafts: advancestor taxes,insurance, repairsand/orstorage;and,all
extensions. andformoditcanons
renewals,refinancing of suchdebtshwhethernowexistingor createdor incurredin the future,d ueor to becomedue.or absoluteor Contingent,includingobligaGonsandduties
arisingfromthetermsofandocunentsprepared orsubmitted fortheIransaction.
suchasapplications. securityagreernents. disdosures,publictilmgs,theAgreement andthisGuarantyTheliabilityofGuarantoris
notsubjecttoorconditioned oftNsGuarantybyanyotherpersonandis notsubjectto anyotherconditionnotexpresslysetforthin thisGuarantyor anyinstrument
uponthesigrung executed-ncorinectionwiththe
FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024
NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024
THIS IS A COPY Page 3 of 3
DocuSign Envelope ID: 8860A841-8DDD-486A-AF4D-BDF4670E4740
This is a copy view of the Authoritative Copy held
DebtTheoNigations of Guarantorhereundershallnotbeaffectedby the illegality,invalidtyor unenforceabidly of any agreements or agreementselllyidlMb4lMMi 0ÒdliMflul Èi$flapplicableusurylaws,
forgery,or anyo1hercircumstances underwhichtheindebledness maybeunenforceable againstDebtorGuarantor shallremainobligated toCreditorhereunder evenifDebtoror anyotherguarantoroftheDebthas
suchobliganon dischargedin bankruptcy,
foredosureor othelwisedischarged and/orreleasedbyEaw.Guarantor consentsthatfromtimeto time,withoutno1celo or furtherconsentfromGuarantorandwithout
o r i ts
releasing allec1ing liability hemunder, theLirneforpaymentorperformance may beextended o r acceleratedin whole or part,anysecurity
may beexchanged, released,enforcedsold,leasedor otherwisedealt
withoutnoliceto or fwtherconsentfromGuarantorandwithoutreleasingor affectingGuarantor's liabilityhereunder, thetimefor paymentor performance maybeextendedor accelerated in wholeor part,any
securityinaybe exchanged, released,enforced.sold,leasedor otherwise o f
dealtwith,theprovisions anydocuments be
may canceled,compromised, modifiedor waived,anyotherGuarantor o r suretymaytie
released,andanyiridulgence maybe grantedDebtor,as Creditorinayin its discretiondetermine. Guarantor waivesandconsentslo thenon-perfection, lapseor dspositionof orotherdealingwithanysecurity
interestor liensatanytimegrantedtoCreditoras secuntyfortheDebtNopaymentby Guarantor exceptpayment in fulloftheDebtshdientitleGuarantor tobe subrogatedtoanyof1herightsof Creditor,otherthan
aswaivedin thenextparagraph below.Guarantor shallhavenorightof reirnbursement or "ndemnity whatsoever andnorightof recoursetoor withrespectto anyassetsor propertyofDebtoror Loany seculityfor
theDebturdessandundltheDebthasbeenpaidin full,otherthanaswaivedin thenextparagraph below
Guarantor herebyuncondi1onally andirrevocably
waivesandreleasesanyandalldaims(asdelinedby anyapplicable againstDebtornowor hereafterarisingoutofor related
Stateor Federallawor regulation}
directlyor indirectlyto anyof theoNiga1onsofGuarantorunderthisGuaranty of DebtortoCreditor,includng(withoutlimitation)
or anyhabilides anyandallsuchd aimsarisingfiomfightsof subroga1on,
indemnity.
reimbursement, centribu1on orset-olfofGuarantoragainstDebtor,whetherariangby contractor otherwise
Intheeventthata bankruptcy pe6lionis filed,whethervoluntarily
or invduntarily,by or againstDebtor,the maturityof the Debt,asthesamepertainsto thisGuaranty,shallbedeemedto beaccelerated andthe
Debtshallbe
Preview
FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024 NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024 "A" Exhibit Promissory Note/Security Agreement/Personal Guaranty FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024 NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024 THIS IS A COPY Page 1 Of 3 DeCuSign Envelope ID: 8860A841.8DDD-486A-AF4D-BDF4670E4740 This is a copy vieW of the Authoritative Copy held FINANCING (SoleProprietorship) AGREEMENT by the designated Custodian PROMISSORY NOTEISECURITY AGREEMENT/PERSONAL GUARANTY Agreement No 1I3673B COMPLETE NAMEANDADDRESS OF COMPLETE NAMEANDADDRESS OFGUARANTOR NAMEANDADDRESS COMPLETE OFDEBTOR CREDITOR BankersHealthcareGroup,LLC MatthewBerlin MatthewBerlind Ma aw Berlin,Sole 10234WStateRoad84 4434I.aGranadaWay 4434LaGranadaWay DevleFL 33324 LaCanadaFlintddge,CA91011 LaCanadaFlintridge,CA91011 (800)990-8401 Thedaleof thisPromissory Agreement/Personal Note/Security "AgreemenFps Guaranty(cogectively thedateofexecution areasreAccled notedbelowThepartesandtheiraddresses above FORCOMMERCIAL PURPOSES ANDVALUERECEIVEDDebtordoesherebypromiseto pay to Creditoror Its Order,at the addresslisted aboveor at such otherlocatlenasotherwisedesignatedby Creditor,thelotalsumofThreeHundredSevenThousand,Six HundredFourDOLLARSand Forty CENTS(S307,604.40), whIchrepresentsIhelotalof payments of principalplusinterestdueandwhichwill becomeduehereunder fromthedateof thisAgreementunhlthe maturitydateof thisAgreement, as setforthin the Addendum whichsurreshallbe payablein monthlyinstallments, hereto,wh"chis incorporaind hereinby tNsreferenceInaddidonto thelotalsumof paymentsDebtordoesherebypromiselo pay interestpayaNecompuleddailyon theoutstanding principalbalanceoIthe Agreement deterrruned as of the doseof businesson eachday,commencing on thefundngdateandup to one(1) monthpriorto thelirstpaymentdate Interiminterest,whenapplicatre.willbedueandpayableonernonthpriorto the Arst scheduled montNypaymentandwigbedeductedfrorntheamountfundedtotheDebtor, PAYMENT(S) INTHEAMOUNTOF BEGINNING ON THE PAYMENT COMMENCEMENTDATE WILL BE 120 $2,1163.37 REFLECTEDONTHERECORDED VERBALVERIFICATION FORM. PREPAYMENT: PURSUANTTOTHETERMSOFTHISNOTE,DEBTORHASNORIGHTTOPREPAY,N WHOLEOREePART,FORTHEFIRST12MONTHS LOAN.CREDITOR, OFTHISCOMMERCIAL SUBJECT TOTHETERMSHEREOF,UPONTHEREQUESTBYDEBTOR,WILLAMENDANDMODFYTHEAGREEMENT SOASTOALLOWTHISCOMMERCIALLOANTOGEPREPAID, INWHOLEOR IN PART,AFTERTHEFIRST12MONTHS. INTHEEVENTOFA PREPAYMENT PERMITTED UNDjiRTHETERMSOFTHISAGREEMENT, DEBTORSHALLPAYOUTSTANDING PRINCIPAL ACCRUED GALANCE, ANYMODIFICATON INTEREST, ANDAMENDMENT FEE,ANDANYOTHEROUTSTANDINGFEESOWED, AUTOMATIC PAYMENT(ACH).AII paymentsIn accordance withtNs Noteshanbe madein the Ibrmof an ACHtransferdirecdyfromthe Debtorsbusinessaccourt TheDebtorsterrainagon of an ACH authodzanon withouttheCreditorspriorwrittenconsentshallbeconsIderedaneventofdefault.ShouldDeblorterminaleanACHau1horization withtheconsentof Creditor.smddeliverspaymentsby checkor other non-ACHtormof payment,Debtoragreesto pay a service.handtIngandaccoun8ng expenselee to Creditorresul#ng fromthe Inakingof a non-ACHpaymentIn anamoung equalto fifteenpercent(15%)of the paymentthendue. DS NOTE:PleaseconsultyourCPAand/orAttomeyIfyoudonotundersland theterms.structureandconditions regardingthIscommercialprornissorynote I. PROMISsÓRV NOTE (I have read and understand that I am executing a.p,rgm.]sgry ri6te Inif DEFINITIONS "Eqdpmenrrneans all propertynowor subsequendy usedor boughtforuse by DebtorInthebusinessandall replacements, partsor additionsaltachedor atilxedto theproperty."Chattelpaper* "Instruments-. and"accounts" "inlangibles' shallhavethesamemeaning asdennedundertheUniformCommercial CodeoftheSta1eof Florida,andshanincludeaI accounis(including, allaccounts withoutIImitation. receivable}. generalintangINes (including,withoutlimitation,conlractrightsandtax refunds)andall retumedor repossessed goods.all chattelpaperUncluelng, withoutIImitationteases)andinslrurnents, 'Proceeds" andanInterestsa Debtorin anguarantees, securityagreements andotherpropertysecuringthepaymentor pfrkheamb of oNigations underany ofIneforegolag. shallmeanproceeds any o f characterw hether cashor non-casit "Inventory" meansanproperty,partsandaccessories acquiredthroughDebtorsbusinesswhetheror notallixedor attachedInwhichDebtornowhasor maysubsettuen6y acquireany right,titlecr receivable" interest."Aci:aunts rneansa9accounts, of obligatonsnowor hereafterreceivedby or belcogingto Debtorfor goodssoldby Debtoror agreements, drafts,ordersandchoosetin acdonandotherfom1s forservicesrendered by Debtorandallrightsof Debtorearnedor yettoheeamed undercontractsto seI orrenderservices."GoodwiFmeansIhebenefitthattheDebtorsbusiness acquiresbeyondthemorevalue ofitscapilalstockandtangibleassets,asaresultofItsrepulaeon. "SpecificProperty"meansallofthefollowingpropeity:AIIpropertyasdescribed onSchedule "A"attachedhereto."AllProperty"meansall propeny ofeverydescription SECURITY INTEREST. Debtorgrantsto Creditora securityinterestin all of Ihefight,titleandInterestof Deblerin andtoAccountsReceivables, Inventory. Instruments, Equipment,Intangibles. Chattel Accounts, PaperGoodWit, SpedilePropertyandAll PropertyofDebtorandallproceeds Ihe"CoIaleraF).TNssecurityinterestis grantedto Creditorby Debtortosecureperformance thereof(colleclively, andpayment of an obligatonsandindeblessess of Debtorto Creditorhereunder andassetforthhereinDebtoragreestoallow creditortofileaUCC-1Financing S Intheappropitate tatement s late. PAYMENT OFOBLIGATIONS OFDEBTOR.Debtorshallpayto Creditorany sumdueor Ihatmaybecomeduepursuantto thIsagreement. Debtorshallpayto Credilorallamountsduein theformof cashand negotiable instruments.DebtorshallholdtheCollateral as-signed toCreditorpursuanttothisagreement in bustforCreditorandDebIorshallprompdytumoverOteConsteral toCreditor.andtheproceeds1hereof, forapplication of Debtorto Creditor, againstIheindebtedness whenrequested by Creditor.TheorderandmethodoIsuchappilcaBon againsttheIndebtednessInlo beInthesolediscredon of Creditor.DebtorshaI payCreditorondemandallexpenses incisedor paldbyCreatorInexercisingor protecting Itsinterests,rightsandremedies plusinterestonsuchamountatthemaxi3nurn underIhIssecurityagreement, legalrate. DEBTOR'S REPRESENTATONS, WARRANTIES ANDAGREEMENTS. Debtorrepresents. warrantsandagreesthatall Informallon suppliedandslatements madeby DebtorIn anyAnancial, creditor accounting slatementor appUcationforcreditpriorto, contemporeneously with,or subsequent totheexecutionoIlhis securityagreement areandshallbeIrue,conect,complete, valldandgenuine.Debtorauthorizes Creditor toGre,atCredlorsoption,aninlbrmation or otherfinancing statements.Debtorshallpayallcostsof anylilingsof imancingstatements orotherpapers.Debtorshallpaypriorto dellnquency alltaxes,charges,Rens andassessmepts againstIkeCollateral;andonDebtorsfailuretodo so.CreditoratIIsoptionmaypayanyofsuchilernsandshanbethesolejudge.as betweenit andDebtor,ofthelegalityor validitythereofand theantountnecessary to dischargethem. Suchpayment shallbeame partof theIndebtedness securedby this securityagreement andshallbe paIdto CreditorImmediately andwithoutdemand.withinterest thereonattheInaximum legairate.Debtorshall.atalltimes.keeptheCollateral #eefromanyadverselion,secogity Interest,orencumbrance andIngoodorderandrepaIrandWIllnotwasteor destroytheCollateral or any partthereof;andDebbrwlAnotuseotherCoAateral of any slatuteor ordnance:andCreatormayexamineandinspecttheCollateralat any tirne,whereverlocated. Debtorshallprovideall in VIolation documents necessaryto perfect,protectandpreserveCreditorsinterestsin the CoAateral. indudingprovidingaBAnancing subjectthe Collateralor its staternents.Debtorshallnot.voluntarilyor Involunlartly. or anowthe Collateralor its proceedsto be subjectedlo anyinterestof any Iransferee. proceeds.. buyer,securedparty,encumbrance. levy,execution,attachment, garnishmentor third partyperson. Debtors equipment, inventoryandchiefawye ofAcesandprincipalplaceof businessshallbelocaledat theaddresssetforthabove. Debtorshot noUfyCreditorpromptlyin wriungof any changesin thelocaBonof Debtorsprindpalplaceof business,chiefexecutiveofAcesor its eqdpmentor inventory.includngany additionsanddiscontinuances. All provisionsof Ihis FinancingAgreementare incorporaled hereinby feferenceandsha@ beconsidered materialtermsofthisSecurityAgreement. EVENTSOFDEFAULT.Intheeventof default.timebe:ngof Iheessence.theenureamountof principalthenunpaidandaAunpaidinterestshallbecome.withoutno1iceor demand.at theoptonof theCreditor, immediately dueandpayableEventsof Defaultshallinclude,butnotbelimitedtothefogowing{ ) Debtorsfailureto paytimelyanyarnountdueunderthis Note;(ii) Debtorfilesor hasinstitutedagainstDebtorany bankruptcy or insolvencyproceedngsor makesanyassignment for thebeneBL gl of theDebtorsassels,or a materialchangein theDebtor,a voluntaryor involuntary of creditors;(iii) Debtorsellssubstantiagy dissolulion of Debtorof thetibngofa petitionto dissolvethe Debtor,(iv)Debtorcommitsfraudor makesanymaterialmisrepresentalion in IhisNote;(v) Debtorfairstoabideby thetermsof thisNote;or (vi) Debtor defaultsen anynote(s)or otheragreement(s@ Debtorcurrenny has,or anynote(s)or agreement(s) Debtormayhavein thefuture,withCredfor (vli)deathof a guarantor.Incaseof any achontakenand/orsuitor legalproceeding esututedby theCredtoror anydesigneeto enforcethecolleclionofamountsdueunderthe Financing Agreementandfortherelatedloandocuments execuledtherewith,all costsandexpenses incurred,ocludingreasonable attomeyfeesandcosts.shallbepaidby Debtorand/orGuarantor andshallbecomesomuchadditionalindebtedness assecuredby tNsAgreement, INTEREST AFTERDEFAULT.UpontheoccurrentsofanEventof Defadt.Creditorreserves interestrateallowable therighttoincreasetheinterestrateonthisNoteby themaximum law. underapplicable TIMEISOFTHEESSENCE,Timeis ofIneessence hereofuponIheoccwrenceofanEventofDefatdthereunderCredi1or oritsassignsmayexerciseallrightsandremedies providedforherein.andbylaw includng,butnotlimitedto,therighttomakeal principal remaining onthisNoteandal. othersumsundercr inrespectofthisNoteimmediatelydueandpayable,withoutnoliceof default,presentmentordemandfor payment.protestornotice or dishonorcrothernolicesor demands of nonpayment attomeys' of anyIdndorcharacter,exceptasspecifiedhegain.Debloragreeslo payalicostsof collechnganydelinquentpayments. reasonable includag fees.aspermitted by applicable l aw LATEPAYMENT.In theeventDebtorfailsto payaltoranyamots1t tobepaidhereunder whendue.DebtorwidpayCreditora latechargeequaltothelesserof (a) 10%ofthepaymentthatis lateand(b)Ihe maximum amountpermitted byappbcable aw. Thelalechargeis notinterestora penalty,butratheris afeeto defrayadministra1ive costsresidlingfromsuchlatepayrnent. WAIVER,Debtorherebywaives noticeofnonpayment presen1rnent.. ordshonor,protest,noticeofprotest,demandandallotherno1ices in connection withthedelivery,acceptance,performance, detaidlorenforcementof INsagreement.The CredIorshannotbedeemed.byanyactof cenission or commission, tohavewaivedanyofitsrightsor remedieshereunder urgesssuchwaiveris in writingandsignedby sud1holderandthenonlylo theextent specificadysetforthmwriting A wawerw"th reference t ooneeventshall a s notbeconslrued continuing orasa bartoorwaiverof anynghtof remedyasto asubsequent event, delayor orrissionoftheCredIor N o lo exerciseanyright.whetherbeforeor aneradefatithereunder. shallumpairanysuchrightorshallbeconstrued tobeawaiverof anyrightor default.andtheacceptance at anytimebythe holderhereofof any pastduearnount, whetherinidl orIn part,shallnotbedeemedtobeawaiveroftherighttorequirepromptpayment whendueof anyolheramountsU1en orthereafter dueandpayable. FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024 NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024 THIS IS A COPY Page 2 of 3 DoCuSign Envelope ID: 8860A841-8DDD-486A-AF4D-BDF4670E4740 This is a copy view of the Authoritative Copy held TERMINATION. Uponpaymentinfullofallprincipalandallinterestasprovided thisagreement in thisagreement, shanbedeemedcanceMed andteadbGS felikiGdh 10 IGl4§G$El Aftwhetherby orinduecourse,interestshallberecalculated acceleration overtheactuallifeoftheloanbasedupontheamountsoutstandng. andifthetotalamountofInterestthereto e paidexceedstheamountpermittedto in effectfrom6metotime.theexcessshallbecreditedto Psincipd,orif suchexcessexceeds law rule,or regulation bepaidunderapplicable amountduehereunder, thePrincipal to theDebtor refunded Ds l],, SE.CURD1 GRE.EJ)EET (I hilve feed and understand 1am executlñg a security agreement and acknowledge that a UCC-1 Firiaticing Statement wHI be filed In the appropriate state INITIAL:) OTHERREPRESENTATIONS ASSIGNMENT. Withoutthepliorwrittenconsentof Creditor.Debtorshallnot sen,leaseor allowanylienotherthanCredtors securityinterestagainstan Itemof C ateralor assignany of Debtor'sobligations hereunderDebtorsotiligationshereuiderarenotassignable by opera1onoflaw Creclitormayat anyGme.inits solediscreton.assignorothegwise Iransferthisagreement or anyofItsng1tscr obligationsunder thisAgreement, withoutnoteeto Debtor If Debloris givennotcoof suchassignment. DebIorshal.acknowledge thereceiptof theassignment in wgitingandshallthereafterpayanyamountsduehereunder as directedin thenotiS Therightsof theassigneeto amountsduehereunder shallbefreeof anyclaimor defenseDebtormay haveagainstCredtor.andDebtorknowinify,voluntarily andintentionally agreesto waiveandnotassertagainstany assignees anyclaimor defenseDebtormayor doeshaveagainstCreditor All rightsandremediesof Credtor be may assigned, Iransferredo r otherwise deposed of, eitherin wholeorin part,10anypersonor toDebtor COMPLIANCE AGREEMENT.Forandinconsidera1ion oftheCreditorenteringintoandfundingthesurnssoughtby Debtorunconnection alh thesut1ject Agreement andlercreditfacility,andin considerabonof thesutIjectIransacton.Debtoragreestocooperate prompUy withCreditor,itsagentsandforassigts,in thecorrection orcompleBonoftheloanclosingdocuments, if considerednecessary ordesirableby Creditor and/oritsagentsand/orassigns,toacewatelyreliecttheagreement oftheparties Debtorunderstands ofa replacement thatthismayincludetheexecution Agreementa replacement SecurityAgreement, or UCC- 1 Financing 1heagreeduponterms,in whichcasetheCredtoragreestoretumtheorignalofthereplaceddocuments tore1lect Statements. toDebtor.inaddition.Debtoracknowledges thatsorneor alloftheloan dosingdocumenis wereof mayhavebeenexecuted inadvanceofthedateonwhichthesubjectloanwasfundedandthat.assuchcertainoftheanformation setforthontheloanclosingdocurnants Inayhavenot beencompists.Debtoragreestocooperate inthefilingof anydocumentation neededtoestablishandmaintaintheDebtor'scompany,LLC d/braoranysuchcorporateen1ityandaNows Creditortherighttolilethe sameonitsbehalf FORM4808-T:"REQUESTFORTRANSCRIPT OFTAXRETURN"fFORM 8821:"TAXINFORMATON AUTHORIZAT.N". Duringthetermof lhisAgreernent DebtoragfeesthatuponrequestofCreditorits or assigns,Debtorwillfurnisha signedForm4506-T:*Request successors ofTaxRelum® forTranscript ORForm8821*TaxInformation Furlher.Debtoracknowledges Authorization". andagreesthatCreditor,its Authorizalion ofTaxReturnor TaxInformation andassignshavetheIIghtlo,atCreditorsdisaedon,requestandreviewDebtorsTranscript successors duringthetermofthiscommercialioan. APPLICABLE LAW/JURISDICTON & VENUE.Thetermsof Ihe FinancingAgreement andall loandocuments executedherewithshallbe govemedby andconstruedin accordance with thesubstanlive and procedurelawsof the Stateof Califomia,exclusiveof the principlesof condictof laws.Venuefor any acUonbroughthereunder.shallbe thechoiceof the Creditor,an'dshallbe RirlItedlo the Debtors County,Califomieor Onondaga in a statecourtin thecountywheresuchCodateral County.NewYorit,or. if theacdoninvolvesor Is broughtagainsttheCollateral, is localed,whoserequiredto enforceCreditors forum.Debtoragreesto submittoIhepersonaljurisdiction unlessCreditorselectsanalternative rightsaslo or againsttheCollateral. courtIntheStageof Califomia., Ill theDebtorsCounty,or of theappropriate StateofNewYork.Onondaga County,forallsuchdisputes.Debtorexpresslywalvespersonalservkeofprocessandauthorizes serviceof processonDetalor by registered mailor carUAed madorovemightdelivery bya nationaldeMvery servicesentto Debtor'saddressassetforthin Iheintroductoryparagraphof tNsAgreement or suchothermanneras maybepermittedunderapplicable law. TheDebtorfurtherwaivesarly righttheDebtorinayhavelo transferorchangethevenueof anylitigationbroughtagainstDebtorby Creditor.therighttointerposeanydefenseormotionbasedon ForumNonConveniens or Venue,andanyclaim forconsequengal,punitiveor specialdarnages. THEDEBTORANDALL OTHERSWHOMAYBECOMELIABLEFORALL ORANYPARTOFTHISOBLIGATEN,JOINTLYANDSEVERALLY, WAWEANDRENOUNCE THEIRRIGHTTOA TRIALBY JURYIN RESPECT INCLUDING TO ANY LITIGAT.N OR PROCEEDING, BROUGHTBY ORAGAINSTDESTORON ANYMATTERSWHATSOEVER AS TO COUNTERCLAIM ARISINGFROMTHIS AGREEMENT,THESECURITY AGREEMENT INCLUDED HEREIN,ANDANYOTHER ANDAGREEMENT DOCUMENTS EXECUTEDIN CONJUNCTION WITHTHISCREDIT TRANSACTION, IN CONTRACT, INTORTOROTHERWISE. THETERMSOFTHISJURYTRIALWAlVERANDDEBTOR'S AGREEMENT TO CREDITOR HERETOISA MATERtALINDUCEMENT TOENTERINTOTHll!lTRANSACTON. DEBTORFURTHERWAIVESANYRIGHTTOREMOVE ANYSTATECOURTACTIONTOFEDERALCOURT. DS (fhave read and understand the applicable law, jsWl%Æç.tl9,D+f9M9 a Id gajyeMIIIAL: ) NOTICE.Anynoticeto Creditorwillbeeffec9veonlyon Itsreceiptby Creditor.Anyrequirement of givingnoticeto Debtormaybe sent bymallingthenotice.postageprepaid;byhand-delivery or by nanonally recognizedoverNghtdeliveryservice10theDebtorattheaddressstatedinthisaggeemeng DebtorshallbedeemedtohavereceivedanynoticepostedwiththeUnitedStatesPostalServiceontheearlierofthethird (3'8)businessday afterthe of orthedaleofactuet posting theno1ce r eceipt. I ntheevent o f delhiefyby handof by ovemight D deliveryservice, ebtor s haN bedeemed tohavereceived anysuchnoticeonthedateof actualdellveryofthesame BINDINGEFFECT.TNsagreement shallInuretothebenefitofandbe bindngcrl theheirs.executors, successors administrators. andassignsof therespecdve against par50s.subject.howevertotherestriction assignment by Debtor.Theseobilgations owedbyDebtor(s) shallbethejointarMIseveralagreement andanyGuareritor of aUsigning. FURTHER ASSURANCES.DebtorshaFprovideaAdocuments and,payanstatefeesandtaxes(includingbutnotlimitedto, appropriate stateDocumentaryStamps)necessary to perfectprotectandpreserve includingprovidogall financingstatements Creator'srightsandinterestas setforthin this FinandngAgreerpent, andothersimilardocumentsDebtorshaAprovideCreatorwithall financialinformaGon and statementswithinlen(10)daysofeachanniversary dateof(NaFinamchpAgreement theterrnofthlsFinancing or within8dity(30)daysofwrittenrequestforthesarnebyCreditorthroughout Agreernant. COMMERCIAL TRANSACT.N.Debtorherebyacknowledges, warrants,andrepresents thatUnisis a commercialIransacGon, Ihatthe Debtoris in fact a business,andthataAnecessaryIIcenses,perrrits, registrations andotherdocurmntations acknowledge. andrepresent warrant, havebeenAbed thatanyandall withtheproperauthorides, proceedso f this suchIhatthebusinessis Incornpliance Agreement Financing shall b eusedforexpenses, purchases projects, or otherIgnancialtransacGons -w Debtordoeshereby WIthslateandlocallawslorthe localityof theDebtor.Furthermore. wi1handforthebenefitof the Debtor. EFFECT OFPARTIALINVALIDITY,sotheaventanyoneor Increoftheprovisions contained in thisdocurnent shan,for anyreason,beheld10beinapplicable, in anyrespect.such invalid,Regalorunenforceable shall.at theoptionof theCreditor.notaffectanyotherprovisionof tNsdocument, illegalityor unenforceability Invalidity, inapplicability, butlhIsdocurnent invalid,glegalor shallbeconstruedas II suchapplicable, unenforceaNe pro slonhadneverbeencontained hereinor therein,andtheremaining provisions wIllbeunaffected. ENTlREAGREEMENT. TheFinancing Agreement andtherelatedloandocuments executedcontemporaneouslytherewithconstitutetheentireagreementof thepartiesasto thesubjectmatterandshallnotbe amended, signedbytheparties.Anywaiverby CreditormustbeIn wrlUng, altered,or charigedexceptby a writtenagreernent andforbearance shallnotbeconstruednorconstitute a waiver,11thereIsmorethan oneDebtornamedin tNs Agreement, pursuanttotNs Agreement Iheliabilityofeachshallbejointandseveral.Theobligations shallsurvivethereleaseofthe securityinlerestin theCollateral.Deb1orrepresents andwarrantsall Informedon Debtorhassubmittedto Creditoris completeandIrueandthatINs Agreernent hasbeendulyauthorizedby Debtorandon execuUon, shallconstitutethe legal,vaNdand binding obligatonoftheDebtor by: DocuSigned x 6/10/2022 MatthewBeMfn )wner Date MatthewBerlindmla Matthew Berlin, Sote Proprietor PERSONAL GUARANTY Forgoodandvaluableconsideration, thereceiptandsufficiencyofwhich.sherebyacknowledged. and10induceCreditortomakeloansandotherwise engagein anyotheriransaction withDebtorfromlimeto tirne., Guaranlorabsolutelyirrevocably promisesto pay and guarantythefuNandpromptpaymentof ali of the Debt.as hereinafter andunconditionally deñned.whendue(whetherat maturityor uponacceleration). aNprincipalaccruedenterest, includng,withoutlimita1Ãort attorneysfeesandoNlec1ionandcourtcoststhat maybeor becomeduefromDebtorto Creditorm collectingtheDebt.as hereinafterdelined,andin enforcingthisGuarantyandalfotheragreements wilhrespectto DebIorGuarantor ssandshallbe uncondtionally 6ableunderthisGuaranty,regardless of whetherCreditorpursuesany of its remediesagainst Debtoragainstanyothermaker.surelyguarantor definedof againstany Collateralas thesameis definedandsetforthherein.CredtorshaRhavethefightto bringsuit or endorserof theDebt,as hereinafter againstGuarantor aloneoranyoneelsewhois obligatedon thisor anyotherguarantyof theDebt.asheregnafter o r defined. any number o rcombinationthereofwg1houtjoinderof aNofthe foregoingor Debtor,10 collectthe Debt,asdefinedhereirtForpwposesof tNs Guarantytheterm"Debt'shabmeanandreferto debts.liabilitiesandobligations amountsagreedto bepaidunder of Debtor(ncludng,withoutlimitation, thetermsof any agreements; anyagreernentssecuringthepaymentof anydebt,loan,liabih.ty., or otliggation; lettersof credit;guaranties. overdrafts: advancestor taxes,insurance, repairsand/orstorage;and,all extensions. andformoditcanons renewals,refinancing of suchdebtshwhethernowexistingor createdor incurredin the future,d ueor to becomedue.or absoluteor Contingent,includingobligaGonsandduties arisingfromthetermsofandocunentsprepared orsubmitted fortheIransaction. suchasapplications. securityagreernents. disdosures,publictilmgs,theAgreement andthisGuarantyTheliabilityofGuarantoris notsubjecttoorconditioned oftNsGuarantybyanyotherpersonandis notsubjectto anyotherconditionnotexpresslysetforthin thisGuarantyor anyinstrument uponthesigrung executed-ncorinectionwiththe FILED: ONONDAGA COUNTY CLERK 05/06/2024 01:27 PM INDEX NO. 004783/2024 NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 05/06/2024 THIS IS A COPY Page 3 of 3 DocuSign Envelope ID: 8860A841-8DDD-486A-AF4D-BDF4670E4740 This is a copy view of the Authoritative Copy held DebtTheoNigations of Guarantorhereundershallnotbeaffectedby the illegality,invalidtyor unenforceabidly of any agreements or agreementselllyidlMb4lMMi 0Ã’dliMflul Èi$flapplicableusurylaws, forgery,or anyo1hercircumstances underwhichtheindebledness maybeunenforceable againstDebtorGuarantor shallremainobligated toCreditorhereunder evenifDebtoror anyotherguarantoroftheDebthas suchobliganon dischargedin bankruptcy, foredosureor othelwisedischarged and/orreleasedbyEaw.Guarantor consentsthatfromtimeto time,withoutno1celo or furtherconsentfromGuarantorandwithout o r i ts releasing allec1ing liability hemunder, theLirneforpaymentorperformance may beextended o r acceleratedin whole or part,anysecurity may beexchanged, released,enforcedsold,leasedor otherwisedealt withoutnoliceto or fwtherconsentfromGuarantorandwithoutreleasingor affectingGuarantor's liabilityhereunder, thetimefor paymentor performance maybeextendedor accelerated in wholeor part,any securityinaybe exchanged, released,enforced.sold,leasedor otherwise o f dealtwith,theprovisions anydocuments be may canceled,compromised, modifiedor waived,anyotherGuarantor o r suretymaytie released,andanyiridulgence maybe grantedDebtor,as Creditorinayin its discretiondetermine. Guarantor waivesandconsentslo thenon-perfection, lapseor dspositionof orotherdealingwithanysecurity interestor liensatanytimegrantedtoCreditoras secuntyfortheDebtNopaymentby Guarantor exceptpayment in fulloftheDebtshdientitleGuarantor tobe subrogatedtoanyof1herightsof Creditor,otherthan aswaivedin thenextparagraph below.Guarantor shallhavenorightof reirnbursement or "ndemnity whatsoever andnorightof recoursetoor withrespectto anyassetsor propertyofDebtoror Loany seculityfor theDebturdessandundltheDebthasbeenpaidin full,otherthanaswaivedin thenextparagraph below Guarantor herebyuncondi1onally andirrevocably waivesandreleasesanyandalldaims(asdelinedby anyapplicable againstDebtornowor hereafterarisingoutofor related Stateor Federallawor regulation} directlyor indirectlyto anyof theoNiga1onsofGuarantorunderthisGuaranty of DebtortoCreditor,includng(withoutlimitation) or anyhabilides anyandallsuchd aimsarisingfiomfightsof subroga1on, indemnity. reimbursement, centribu1on orset-olfofGuarantoragainstDebtor,whetherariangby contractor otherwise Intheeventthata bankruptcy pe6lionis filed,whethervoluntarily or invduntarily,by or againstDebtor,the maturityof the Debt,asthesamepertainsto thisGuaranty,shallbedeemedto beaccelerated andthe Debtshallbe