<PAGE>36

                          LNB Bancorp, Inc.


                        Exhibit to Form 10 - Q

             (for the nine months ended September 30, 2002)

                     S - K Reference Number (10a)

           The Lorain National Bank Group Term Carve Out Plan
           dated August 7, 2002.




































<PAGE>37
                      THE LORAIN NATIONAL BANK
                      GROUP TERM CARVE OUT PLAN

       This Group Term Carve Out Plan is made and entered into as of this
7 th day of August, 2002, by and between The Lorain National Bank, a
nationally chartered commercial bank located in Lorain, Ohio (the Bank), and
the Participant selected to participate in this Plan (the Participant).

                            Introduction

       The Bank wishes to attract and retain highly qualified employees.  To
further this objective, the Bank is willing to divide the death proceeds of
certain life insurance policies owned by the Bank on the lives of the
participating employees with the designated beneficiary(ies) of each insured
participating employee.  The Bank will pay the life insurance premiums from
its general assets.

                                     ARTICLE 1
                            DEFINITIONS

       Whenever used in this Plan, the following terms shall have the
meanings specified:

     1.1  Base Annual Salary means the base annual salary of the
Participant at the earliest of (a) the date of the Participant's death, (b)
the date of the Participant's Disability, (c) the Participant's Normal
Retirement Date, or (d) the date of the Participant's termination of
employment with the Bank.  The current Base Annual Salary shall be defined by
reference to compensation of the type that would be required to be reported
by Securities and Exchange Commission Rule 228.402(b) (17 CFR 228.402(b)),
specifically column (c) of that rule's Summary Compensation Table (or any
successor provision).

     1.2  Change in Control means any one of the following occurs:

          (a)  Merger:  LNB Bancorp, Inc. merges into or consolidates with
another corporation, or merges another corporation into LNB Bancorp, Inc.,
and as a result less than a majority of the combined voting power of the
resulting corporation immediately after the merger or consolidation is held
by persons who were stockholders of LNB Bancorp, Inc. immediately before the
merger or consolidation,

          (b)  Acquisition of Significant Share Ownership:  a report on
Schedule 13D or another form or schedule (other than Schedule 13G) is filed
or is required to be filed under Sections 13(d) or 14(d) of the Securities
Exchange Act of 1934, if the schedule discloses that the
filing person or persons acting in concert has or have become the
beneficial owner of 20% or more of a class of LNB Bancorp, Inc.'s voting

<PAGE>38
securities, but this clause (b) shall not apply to beneficial ownership of
LNB Bancorp, Inc. voting shares held in a fiduciary capacity by an entity of
which LNB Bancorp, Inc. directly or indirectly beneficially owns 50% or more
of its outstanding voting securities or by an employee benefit plan sponsored
or maintained by LNB Bancorp, Inc., the Bank, any parent or subsidiary
corporation of LNB Bancorp, Inc. or the Bank, or any entity related to LNB
Bancorp, Inc., the Bank, or any parent or subsidiary corporation of LNB
Bancorp, Inc. or the Bank by common ownership,

          (c)  Change in Board Composition:  during any period of two
consecutive years, individuals who constitute LNB Bancorp, Inc.'s board of
directors at the beginning of the two-year period cease for any reason to
constitute a majority of LNB Bancorp, Inc.'s board of directors; provided,
however, that ( for purposes of this clause (c) ( each director who is first
elected by the board (or first nominated by the board for election by
stockholders) by a vote of at least two-thirds (() of the directors who were
directors at the beginning of the period shall be deemed to have been a
director at the beginning of the two-year period,

          (d)  Sale of Assets:  LNB Bancorp, Inc. sells to a third party
all or substantially all of LNB Bancorp, Inc.'s assets, or

          (e)  Change in Control As Defined in a Separate Agreement:  if
the Participant is a party to a separate employment, severance, or other
agreement defining the term change in control, and a change in control, as
defined in that separate agreement, is deemed to have occurred.

     1.3  Compensation Committee means either (a) the Compensation
Committee designated from time to time by the Bank's board of directors or
(b) a majority of the Bank's board of directors, either of which shall
hereinafter be referred to as the Compensation Committee.

     1.4  Disability means the Participant suffers a sickness, accident or
injury determined by the carrier of any individual or group disability
insurance policy covering the Participant, or by the Social Security
Administration, to be a disability rendering the Participant totally and
permanently disabled.  The Participant must submit proof to the Bank of the
carrier's or Social Security Administration's determination upon the request
of the Bank.

     1.5  Early Retirement Age means age 55.

     1.6  Early Retirement Date means the month, day, and year in which the
Participant's termination of employment occurs, the Participant having
reached Early Retirement Age but not having reached the Normal Retirement
Age.  Early retirement excludes Termination for Cause or termination because
of Disability.

     1.7  Insured means the individual whose life is insured.
<PAGE>39
     1.8  Insurer means the insurance company issuing the life insurance
policy on the life of the Insured.

     1.9  Normal Retirement Age means age 65.

     1.10 Normal Retirement Date means the later of the Normal Retirement Age
or the date that the Participant terminates or is terminated for any reason
other than Termination for Cause.

     1.11 Participant means an employee who (a) is designated by the
Compensation Committee as eligible to participate in this Plan, (b) elects in
writing to participate in the Plan using the form attached hereto as Exhibit
A, and (c) signs a Split Dollar Endorsement for the Policy(ies) in which the
Participant is the Insured.

     1.12 Plan means this instrument, including all amendments hereto.

     1.13 Policy or Policies means the individual insurance policy or
policies adopted by the Compensation Committee for purposes of insuring a
Participant's life under this Plan.

     1.14 Termination for Cause means the Bank terminates the Participant's
employment for any of the following reasons:

          (a)  gross negligence or gross neglect of duties,

          (b)  commission of a felony or commission of a misdemeanor
involving moral turpitude, or

          (c)  fraud, disloyalty, dishonesty, or willful violation of any law
or significant Bank policy committed in connection with the Participant's
employment and, in the Bank's sole judgment, resulting in an adverse effect
on the Bank.

     If the Participant is a party to an employment, severance, or other
agreement providing that the Participant's employment may be terminated for
cause or that benefits provided by the employment, severance, or other
agreement may be denied or withheld if cause exists, the term Termination for
Cause as used in this Plan includes termination of the Participant's
employment for cause or denial or withholding of benefits under the separate
employment, severance, or other agreement for cause.

                             ARTICLE 2
                          PARTICIPATION

     2.1  Eligibility to Participate.  The Compensation Committee in its sole
discretion shall designate from time to time employees who are eligible to
participate in this Plan.

<PAGE>40
     2.2  Participation.  A designated employee may participate in this Plan
by executing an Election to Participate and a Split Dollar Endorsement for
each Policy.  The Split Dollar Endorsement shall bind the Participant and his
or her beneficiaries, assigns, and transferees to the terms and conditions of
this Plan.  An employee's participation is limited solely to Policies in
which he or she is the Insured.

     2.3  Termination of Participation.  A Participant's rights under this
Plan shall cease and his or her participation in this Plan shall terminate
(a) if the Participant's employment terminates because of a Termination for
Cause, or (b) if the Participant's employment with the Bank terminates before
the Early Retirement Age for reasons other than Disability or a leave of
absence approved by the Bank or termination within three years after a Change
in Control, or (c) if the Participant's employment terminates because of
Disability and thereafter the Participant becomes gainfully employed by an
entity other than the Bank, or (d) if the Participant engages in or becomes
interested in or associated with competitive activities that, in the Bank's
sole judgment, constitute a violation of Section 8.4 of this Plan.  If the
Bank decides to maintain the Policy or Policies after termination of the
Participant's participation in the Plan, the Bank shall be the direct
beneficiary of the entire death proceeds of the Policy or Policies.

     2.4  The Policy(ies) Shall Be Maintained Until the Participant's Death.
If the Participant's employment with the Bank terminates on or after the
Early Retirement Age or because of Disability or within three years after a
Change in Control, the Bank shall maintain the Policy or Policies in full
force and effect, and the Bank shall not amend, terminate, or otherwise
abrogate the Participant's interest in the Policy or Policies.  However, the
Bank may replace each Policy with a comparable insurance policy to cover the
benefit provided under this Plan, and in that case the Bank and the
Participant shall execute a new Split Dollar Policy Endorsement for each new
Policy.  Each new Policy or any comparable policy shall be subject to the
claims of the Bank's creditors.

                               ARTICLE 3
                    POLICY OWNERSHIP/INTERESTS

     3.1  Participant's Interest.  For each Policy or Policies, the
Participant or the Participant's assignee shall have the right to designate
the beneficiary(ies) of the death benefit amount.  Whether under one Policy
or more than one Policy, the aggregate death benefit amount for which the
Participant or the Participant's assignee may designate the beneficiary(ies)
is:

          (a)  PRE-RETIREMENT DEATH BENEFIT.

               (1)  BEFORE AGE 65.  If the Participant was employed by the
          Bank at the time of death but had not reached Normal Retirement
          Age, the death benefit shall be the lesser of (a) 2.75 times the
<PAGE>41
          Participant's Base Annual Salary, less $50,000 (from the Bank's
          existing Group Term plan), or (b) $1,000,000, less $50,000 (from
          the Bank's existing Group Term plan).
               (2)  AFTER AGE 65.  If the Participant was employed by the
          Bank at the time of death but had reached Normal Retirement Age,
          the death benefit shall be the lesser of (a) one times the
          Participant's Base Annual Salary, less $50,000 (from the Bank's
          existing Group Term plan), or (b) $1,000,000, less $50,000 (from
          the Bank's existing Group Term plan), or

          (b)  POST-RETIREMENT DEATH BENEFIT (EXCLUDING DISABILITY).  If
the Participant was no longer employed by the Bank at the time of death,
and if termination of employment occurred on or after Early Retirement
Age or within three years after a Change in Control but not because of
Termination for Cause or Disability, the death benefit shall be the
lesser of (1) one times the Participant's Base Annual Salary or (2)
$1,000,000, or

          (c)  POST-RETIREMENT DEATH BENEFIT AFTER TERMINATION BECAUSE
OF DISABILITY.  If the Participant terminated employment because of
Disability, the death benefit shall be:

               (1)  DEATH BEFORE AGE 65: the lesser of (a) 2.75 times the
          Participant's Base Annual Salary or (b) $1,000,000, if the
          Participant dies before Normal Retirement Age, or
               (2)  DEATH AFTER AGE 65: the lesser of (a) one times
          the Participant's Base Annual Salary or (b) $1,000,000,
          if the Participant dies on or after Normal Retirement Age.

     3.2  Bank's Interest.  The Bank shall own the Policies and shall have
the right to exercise all incidents of ownership, except that the Bank shall
not sell, surrender, or transfer ownership of a Policy so long as a
Participant has an interest in the Policy as described in section 3.1.
However, this provision shall not impair the right of the Bank to terminate
this Plan.  The Bank shall be the beneficiary of the remaining death proceeds
of each Policy after the Participant's Interest is determined according to
section 3.1.

                              ARTICLE 4
                              PREMIUMS

     4.1  Premium Payment.  The Bank shall pay all premiums due on all
Policies.

     4.2  Economic Benefit.  The Bank shall determine the economic benefit
attributable to the Participant based on the amount of the current term rate
for the Participant's age multiplied by the aggregate death benefit payable
to the Participant's beneficiary.  The current term rate is the minimum
amount required to be imputed under Revenue Rulings 64-328 and 66-110, or any
<PAGE>42
subsequent applicable authority.

     4.3  Imputed Income.  The Bank shall impute the economic benefit to the
Participant on an annual basis.

                                ARTICLE 5
                                ASSIGNMENT

     A Participant may assign without consideration all interests in his or
her Policy or Policies and in this Plan to any person, entity, or trust.  If
a Participant transfers all of his or her interest, then all of that
Participant's interest in his or her Policy or Policies and in the Plan shall
be vested in his or her transferee, who shall be substituted as a party
hereunder, and that Participant shall have no further interest in his or her
Policy or Policies or in this Plan.

                              ARTICLE 6
                              INSURER

     Each Insurer shall be bound solely by the terms of that Insurer's
corresponding Policy.  Any payments an Insurer makes or actions it takes in
accordance with a Policy shall fully discharge it from all claims, suits, and
demands of all persons relating to that Policy.  The Insurers shall not be
bound by the provisions of this Plan.  The Insurers shall have the right to
rely on the Bank's representations with regard to any definitions,
interpretations, or Policy interests as specified under this Plan.

                              ARTICLE 7
                          CLAIMS PROCEDURE

     7.1  Claims Procedure.  Any person or entity (claimant) who has not
received benefits under the Plan that he or she believes should be paid shall
make a claim for such benefits as follows:
          7.1.1     Initiation Written Claim.  The claimant initiates
a claim by submitting to the Bank a written claim for the benefits.

          7.1.2     Timing of Bank Response.  The Bank shall respond to
such claimant within 90 days after receiving the claim.  If the Bank
determines that special circumstances require additional time for
processing the claim, the Bank can extend the response period by an
additional 90 days by notifying the claimant in writing, before the end of
the initial 90-day period, that an additional period is required.  The notice
of extension must set forth the special circumstances and the date by which
the Bank expects to render its decision.

          7.1.3     Notice of Decision.  If the Bank denies part or all of
the claim, the Bank shall notify the claimant in writing of the denial.  The
Bank shall write the notification in a manner calculated to be understood by
the claimant.  The notification shall set forth:
<PAGE>43
               (a)  The specific reasons for the denial,

               (b)  A reference to the specific provisions of the Plan on
          which the denial is based,

               (c)  A description of any additional information or material
          necessary for the claimant to perfect the claim and an explanation
          of why it is needed,

               (d)  An explanation of the Plan's review procedures and the
          time limits applicable to such procedures, and

               (e)  A statement of the claimant's right to bring a civil
          action under ERISA Section 502(a) after an adverse benefit
          determination on review.

     7.2  Review Procedure.  If the Bank denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Bank of
the denial, as follows:

          7.2.1  Initiation Written Request.  To initiate the review,
     within 60 days after receiving the Bank's notice of denial the claimant
     must file with the Bank a written request for review.

          7.2.2  Additional Submissions Information Access.  The claimant
     shall then have the opportunity to submit written comments, documents,
     records, and other information relating to the claim.  Upon request and
     free of charge, the Bank shall also provide the claimant reasonable
     access to and copies of all documents, records, and other information
     relevant (as defined in applicable ERISA regulations) to the claimant's
     claim for benefits.

          7.2.3  Considerations on Review.  In considering the review, the
     Bank shall take into account all materials and information the claimant
     submits relating to the claim, without regard to whether such
     information was submitted or considered in the initial benefit
     determination.

          7.2.4  Timing of Bank Response.  The Bank shall respond in writing
     to the claimant within 60 days after receiving the request for review.
     If the Bank determines that special circumstances require additional
     time for processing the claim, the Bank can extend the response period
     by an additional 60 days by notifying the claimant in writing, before
     the end of the initial 60-day period, that an additional period is
     required.  The notice of extension must set forth the special
     circumstances and the date by which the Bank expects to render its
     decision.

          7.2.5  Notice of Decision.  The Bank shall notify the claimant in
<PAGE>44
     writing of its decision on review.  The Bank shall write the
     notification in a manner calculated to be understood by the claimant.
     The notification shall set forth:

               (a)     The specific reasons for the denial,

               (b)     A reference to the specific provisions of the Plan on
          which the denial is based,

               (c)     A statement that the claimant is entitled to receive
          reasonable access to and copies of all documents, records, and
          other information relevant (as defined in applicable ERISA
          regulations) to the claimant's claim for benefits upon request and
          free of charge, and

               (d)     A statement of the claimant's right to bring a civil
          action under ERISA Section 502(a).

                              ARTICLE 8
            AMENDMENT, TERMINATION AND NON-COMPETITION

     8.1  Amendment or Termination of the Plan.  Except as otherwise provided
in sections 2.4 and 8.2, the Bank may amend or terminate the Plan at any time
and the Bank may amend or terminate a Participant's rights under the Plan at
any time before a Participant's death by written notice to the Participant.

     8.2  Amendment or Termination of the Plan Upon Change in Control.
Anything in this Plan to the contrary notwithstanding, if a Change in Control
occurs the Bank or its successor shall maintain in full force and effect each
Policy that is in existence on the date the Change in Control occurred and
shall not terminate or otherwise abrogate a Participant's interest in the
Policy, unless the Bank replaces the Policy with a comparable insurance
policy to cover the benefit provided under this Plan and the Bank and the
Participant execute a new Split Dollar Policy Endorsement.  The Policy or any
comparable policy shall be subject to the claims of the Bank's creditors.
This Section 8.2 shall apply to all Participants in the Plan on the date the
Change in Control occurs, including but not limited to (a) a retired
Participant who has an interest in a Policy, (b) a disabled Participant who
has an interest in a Policy, and (c) a Participant whose employment
terminates within three years after a Change in Control.

     8.3  Waiver.  A Participant may waive his or her rights under the Plan
at any time.  A waiver under this section 8.3 shall be effective if and only
if it is in writing and delivered to the Bank's board of directors.

     8.4  Competition.  If the Participant has entered into an agreement
providing that he or she shall not compete with the Bank, LNB Bancorp, Inc.,
any direct or indirect parent or subsidiary entity thereof, or any entity
related to the Bank, LNB Bancorp, Inc., or their parent or subsidiary
<PAGE>45
entities by common ownership, the Participant shall abide by the terms of
that agreement.  If the Participant is not subject to such an agreement, the
Participant agrees that, without the prior written consent of the Bank,
during the term of his or her employment and for a period of one year after
the Participant's employment with the Bank terminates the Participant shall
not, whether directly or indirectly, engage in any activity, or become
interested as a sole proprietor, partner, or a substantial stockholder or
become associated in the capacity of employee, director, officer, principal,
agent, trustee, or in any other capacity whatsoever with any enterprise that,
in the Bank's sole judgment, competes with LNB Bancorp, Inc., the Bank, any
parent or subsidiary entity of LNB Bancorp, Inc. or the Bank, or any entity
related to LNB Bancorp, Inc., the Bank, or any parent or subsidiary of LNB
Bancorp, Inc. or the Bank by common ownership  in Lorain County, Ohio or any
county that is immediately contiguous to Lorain County.  This section shall
apply regardless of whether a Change in Control occurs.  The sole remedy
under this Plan for violation of this Section 8.4 shall be termination of the
Participant's participation in the Plan.

                                ARTICLE 9
                              MISCELLANEOUS

     9.1  Binding Effect.  This Plan in conjunction with each Split Dollar
Endorsement shall bind each Participant and the Bank, their beneficiaries,
survivors, executors, administrators, and transferees, and any Policy
beneficiary.

     9.2  No Guarantee of Employment.  This Plan is not an employment policy
or contract. It does not give a Participant the right to remain an employee
of the Bank, nor does it interfere with the Bank's right to discharge a
Participant.  It also does not require a Participant to remain an employee
nor interfere with a Participant's right to terminate employment at any time.

     9.3  Applicable Law.  The Plan and all rights hereunder shall be
governed by and construed according to the laws of the State of Ohio, except
to the extent preempted by the laws of the United States of America.

     9.4  Notice.  Any notice, consent, or demand required or permitted to be
given under the provisions of this Plan by one party to another shall be in
writing, shall be signed by the party giving or making the same, and may be
given either by delivering the same to such other party personally, or by
mailing the same to such party by United States certified mail, postage
prepaid, addressed to his/her last known address as shown on the records of
the Bank.  The date of such mailing shall be deemed the date of such mailed
notice, consent, or demand.

     9.5  Entire Agreement.  This Plan constitutes the entire agreement
between the Bank and the Participant as to the subject matter hereof.  No
rights are granted to the Participant under this Plan other than those
specifically set forth herein.
<PAGE>46
     9.6  Administration.  The Bank shall have the powers that are necessary
to administer this Plan, including but not limited to:

          (a)    interpreting the provisions of the Plan,

          (b)    establishing and revising the method of accounting for the
     Plan,

          (c)     maintaining a record of benefit payments, and

          (d)     establishing rules and prescribing any forms necessary or
     desirable to administer the Plan.

     9.7  Designated Fiduciary.  For purposes of the Employee Retirement
Income Security Act of 1974, if applicable, the Bank shall be the named
fiduciary and plan administrator under the Plan.  The named fiduciary may
delegate to others certain aspects of the management and operation
responsibilities of the plan, including the employment of advisors and the
delegation of ministerial duties to qualified individuals.

     9.8  Severability.  If for any reason any provision of this Plan is held
invalid, such invalidity shall not affect any other provision of this Plan
not held invalid, and each such other provision shall continue in full force
and effect to the full extent consistent with law.  If any provision of this
Plan is held invalid in part, such invalidity shall not affect the remainder
of such provision not held invalid, and the remainder of such provision,
together with all other provisions of this Plan, shall continue in full force
and effect to the full extent consistent with law.

     9.9  Headings.  The headings of sections herein are included solely for
convenience of reference and shall not affect the meaning or interpretation
of any provision of this Plan.

     9.10 IRC (1035 Exchanges.  The Participant recognizes and agrees that
the Bank may after this Plan is adopted wish to exchange the Policy or
Policies for another contract of life insurance insuring the Participant's
life.  Provided that the Policy is replaced (or intended to be replaced) with
a comparable policy of life insurance consistent with the requirements of
section 2.4 herein, the Participant agrees to provide medical information and
cooperate with medical insurance-related testing required by a prospective
Insurer for implementing the Policy or Policies or, if necessary, for
modifying or updating to a comparable Insurer per Section 2.4.  The
Participant's inability to pass an insurability determination for purposes of
obtaining a comparable replacement Policy or Policies does not permit the
Bank to abrogate the Participant's interest in the Policy or Policies without
the Participant's consent.



<PAGE>47
     IN WITNESS WHEREOF, the Bank has executed this Plan as of the date first
indicated above.

                                            BANK:
                                            THE LORAIN NATIONAL BANK

                                            By: /s/ Gary C. Smith


                                            Title: President & CEO







































<PAGE>48
                             EXHIBIT A

                    THE LORAIN NATIONAL BANK
                    GROUP TERM CARVE OUT PLAN

                     ELECTION TO PARTICIPATE

     I, [        Name of Participant      ], an eligible employee as
determined in section 2.1 of The Lorain National Bank Group Term Carve Out
Plan (the Plan) dated                                        , 2002, as the
same may have been amended, hereby elect to become a Participant of the Plan
in accordance with Section 2.2 of the Plan.  Additionally, I acknowledge that
I have read the Plan document and that I agree to be bound by its terms,
particularly the covenant on my part set forth in Section 9.10 of the Plan to
provide medical information and cooperate with medical insurance-related
testing required by an Insurer to issue a comparable insurance policy to
cover the benefit provided under this Plan.


       Executed this                   day of              , 200       .


       Witness                            Participant


























<PAGE>49
                  SPLIT DOLLAR POLICY ENDORSEMENT TO
           THE LORAIN NATIONAL BANK SPLIT DOLLAR AGREEMENT

                   ATTACHED TO POLICY NUMBER
                ON THE LIFE OF [     INSURED     ]

     Supplementing and amending the application of The Lorain National Bank
(the Bank) on                              , 200        to         Insurance
Company (the Insurer), the undersigned Owner requests that the above-
referenced policy shall provide for the following beneficiary designation and
limited contract ownership rights to the Insured:

     1.  Upon the death of the insured, proceeds shall be paid in one sum to
the Bank as Owner, or to its successors or assigns, to the extent of the
Owner's interest in the policy.  It is hereby provided that the Insurer may
rely solely upon a statement from the Owner as to the amount of proceeds the
Owner is entitled to receive under this paragraph.

     2.  Any proceeds at the death of the Insured in excess of the amount
paid under the provisions of the preceding paragraph shall be paid in one sum
to


          Primary Beneficiary, Relationship, Social Security Number


          Contingent Beneficiary, Relationship, Social Security Number

     The exclusive right to change the beneficiary for the proceeds payable
under this paragraph, to elect any optional method of settlement for the
proceeds paid under this paragraph that is available under the terms of the
policy, and to assign all rights and interests granted under this paragraph
are hereby granted to the Insured.  The sole signature of the Insured shall
be sufficient to exercise said rights.  The Owner retains all contract rights
not granted to the Insured under this paragraph.

     3.  It is agreed by the undersigned that this designation and limited
assignment of rights shall be subject in all respects to the contractual
terms of the policy.

     4.  Any payment directed by the Owner under this endorsement shall be a
full discharge of the Insurer, and such discharge shall be binding on all
parties claiming any interest under the policy.

     The undersigned is signing in a representative capacity for the Owner
and warrants that he or she has the authority to bind the entity on whose
behalf this document is being executed.

     This endorsement rescinds and supersedes any and all prior endorsements
<PAGE>50
for this policy.  Signed at                             on this        day of
                                    , 200      .

INSURED:                                OWNER:
                                        THE LORAIN NATIONAL BANK


                                        By:
[     Insured     ]
                                        Title: