Document:

GUARANTY OF PAYMENT

Exhibit 10.168

FORM OF

GUARANTY OF PAYMENT

August 3, 2001

THIS
GUARANTY OF PAYMENT ("this Guaranty") is made by Display Technologies,
Inc., a Nevada corporation ("Display"); Don Bell Industries, Inc., a
Florida corporation ("Don Bell"); J. M. Stewart Manufacturing, Inc., a
Florida corporation ("Stewart Manufacturing"); J. M. Stewart
Corporation, a Florida corporation ("Stewart Corporation"); J. M.
Stewart Industries, Inc., a Florida corporation ("Stewart
Industries"); Vision Trust Marketing, Inc., a Florida corporation ("VisionTrust");
and Lockwood Sign Group, Inc., a Florida corporation ("Lockwood")
(jointly and severally, the "Guarantor"), with SouthTrust Bank (herein
called the "Lender"), an Alabama banking corporation having its
principal office located at 420 North 20th Street, Suite 600, Birmingham,
Alabama 35203;

W I T N E S S E T H:

To
induce Lender to enter into the Fourth amendment to Loan and Security Agreement
of even date herewith by and among the Guarantors and the Lender (the
"Amendment"), a true and correct copy of which is attached hereto as Exhibit
A (the "Loan Agreement"), and to grant the consideration therein
to Guarantor, and to induce Lender to make a loan or to extend credit or make
other financial products or services available to Ad Art Electronic Sign
Corporation, a Florida corporation which is the wholly-owned subsidiary of
Display and an affiliate of the other Guarantors (as hereinafter further
defined, called the "Borrower"), Guarantor hereby agrees with Lender
as follows:

1.          This
Guaranty is made for the purpose of securing to Borrower, at Guarantor's
request, one or more loans or other extensions of credit from, or a line of
credit with, or the issuance of one or more letters of credit by, or the
issuance of one of more bankers' acceptances by, or the lease of personal
property from, or the furnishing of other financial products or services by
Lender, but the amount of the loan or other financial products or services and
the terms and conditions thereof will be such as Lender, in its sole discretion,
may deem appropriate. All such loans or other financial products or services now
or hereafter provided by Lender to Borrower, and all extensions or renewals of
debts or other obligations now or at any time hereafter owing by Borrower to
Lender, are made by Lender in reliance on this Guaranty, and are the
consideration for the execution and delivery of this Guaranty by Guarantor. Each
term and provision of every promissory note or other evidence of debt, and every
loan agreement, security agreement, mortgage, letter of credit reimbursement
agreement, bankers' acceptance agreement, lease agreement, and every other
contract executed by Borrower and delivered to Lender shall be deemed a part of
this Guaranty as if fully set out herein and shall bind Guarantor as if executed
by Guarantor as the primary and individual obligation of Guarantor.

2.          Guarantor,
jointly and severally if more than one, hereby unconditionally guarantees to
Lender the payment and performance by Borrower of all of the Guaranteed
Obligations (as hereinafter defined). This Guaranty is a guaranty of payment and
performance and not of collection. In the event Borrower at any time defaults in
the payment or performance

 

of
any of the Guaranteed Obligations as and when the same become due, whether by
acceleration of maturity of the debt or obligation or otherwise, Guarantor
agrees to pay such debt or perform such obligation immediately upon demand from
Lender. Upon failure of Guarantor to do so, Lender may, in its discretion,
enforce the collection of such debt or the performance of such obligation out of
Guarantor by action in any court of competent jurisdiction, or in any other
manner provided by law, the same as if such debt or obligation were the primary
and individual debt or obligation of Guarantor, and without first seeking to
enforce such debt or obligation by action or otherwise against Borrower; or,
Lender may, in its discretion, proceed in any manner provided by law or by
contract for collection of debts against either or both Guarantor and Borrower
the same as if such debts and obligations were primarily and individually the
debt of both Guarantor and Borrower, jointly and severally.

3.          This
is a continuing Guaranty. This Guaranty extends to all debts and other
obligations contracted or owing by Borrower to Lender at any time up to the time
this Guaranty is terminated pursuant to the provisions of this paragraph, even
though from time to time and for extended periods of time there may be no debt
or obligation owed to Lender by Borrower. Guarantor shall have the right to
terminate this Guaranty at any time effective upon receipt by the then president
of Lender of written notice of Guarantor's intention to terminate this Guaranty.
Such termination will have prospective effect only and this Guaranty will remain
in full force and effect with respect to all of the Guaranteed Obligations then
due and owing or then contracted for or existing whether or not yet due, at the
time of receipt of such notice by the then president of Lender, and for all
interest then accrued or thereafter accruing on any of the foregoing, and for
all expenses, including costs of collection and attorneys' fees, with respect to
such Guaranteed Obligations and with respect to this Guaranty, and also with
respect to any subsequent loans, extensions of credit, or other financial
accommodations which, prior to receipt of such notice, Lender may have committed
to make to Borrower (regardless of whether Lender waives any default or
condition precedent to the making of such loans, extensions of credit, or other
financial accommodations), together with all interest thereon and all expenses,
including costs of collection and attorneys' fees, related thereto.

4.          Guarantor
hereby irrevocably:

(a)          Assents
to all terms and agreements heretofore or hereafter made by Borrower with
Lender, including, but without limitation, agreements regarding the manner of
disposing of any collateral in a commercially reasonable manner and agreements
regarding the manner of giving notice and the time of giving notice of any sale
or other intended disposition of any of such collateral;

(b)          Consents
that Lender may, without in any way affecting the obligations of Guarantor under
this Guaranty:  exchange, release or surrender to Borrower or to any
guarantor, pledgor, or grantor of any lien or security interest, or waive,
release, subordinate, or fail to perfect any security interest in, any
collateral now or hereafter held as security for any of the Guaranteed
Obligations;  waive or delay the exercise of any of its rights or remedies
against Borrower or any other person or entity, including, without limitation,
Guarantor;  with or without consideration, release Borrower or any other
person or entity, including, without limitation, any other guarantor of the
Guaranteed Obligations;  renew, extend, or modify the terms of any of the
Guaranteed Obligations or of any promissory note or other instrument

 

or
agreement evidencing the same;  apply payments by Borrower, Guarantor, or
any other person or entity, to any of the Guaranteed Obligations in such manner
and in such order as Lender may elect;  apply payments received for
Borrower's account first to pay any indebtedness of Borrower that is not
guaranteed by Guarantor, if any, before reducing the Guaranteed Obligations; and
 in the event of the filing of a petition (whether voluntary or
involuntary) under any chapter of the federal Bankruptcy Code with respect to
the Borrower, participate in the bankruptcy proceedings and exercise any and all
rights set forth in clauses (i) through (vii) above, including, but without
limitation, voting for or against any plan of reorganization, consenting to the
use of any cash collateral, consenting to the sale, use or lease of any
collateral securing any of the Guaranteed Obligations, and entering into any
compromise or settlement regarding the Guaranteed Obligations or any collateral
therefor;

(c)          Waives
all notices whatsoever with respect to this Guaranty or with respect to the
Guaranteed Obligations or any collateral therefor, including, but without
limitation, notice of  Lender's acceptance of this Guaranty or its
intention to act, or its action, in reliance hereon;  the present existence
or future incurring of any of the Guaranteed Obligations or the terms or amounts
thereof or any change therein;  any default by Borrower or any surety,
pledgor, grantor of any lien or security interest, or guarantor, including,
without limitation, Guarantor;  the obtaining or release of any guaranty or
surety agreement (in addition to this Guaranty), or any pledge, assignment,
security agreement, mortgage, or other security for any of the Guaranteed
Obligations;

(d)          Waives
notice of presentment, demand, dishonor, protest, and notice of nonpayment or
dishonor with respect to any promissory note or other instrument or agreement
now or hereafter evidencing any of the Guaranteed Obligations, and any other
demands and notices required by law, except such notices as are required by law
and cannot be waived, and waives any requirement that suit under this Guaranty
be brought within any period of time shorter than the general statute of
limitations applicable to contracts under seal;

(e)          Agrees
that, if at any time all or any part of any payment previously applied by Lender
to any of the Guaranteed Obligations must be returned by Lender for any reason,
whether upon the claim of a preference, fraudulent transfer, or other claim of a
debtor-in-possession, trustee in bankruptcy, or other representative of
creditors of Borrower, or otherwise, and whether by court order, administrative
order, or non-judicial settlement, this Guaranty shall remain in effect or shall
be deemed to be reinstated, as the case may be, Guarantor shall remain liable
for the full amount returned as if such amount had never been received by
Lender, notwithstanding any termination of this Guaranty or cancellation of any
promissory note or other instrument or agreement evidencing any of the
Guaranteed Obligations;

(f)          Waives
acceptance of this Guaranty by Lender and agrees that this Guaranty will be
valid and binding upon Guarantor when delivered to Lender by anyone having
possession hereof after execution of this Guaranty by Guarantor;

(g)          Agrees
that Guarantor's liability under this Guaranty is not conditioned on the
execution of this or any similar guaranty by any other person or entity or upon
the occurrence of any other event;

 

(h)          Waives
any right to require Lender to marshall the assets of Borrower or any other
person or entity and agrees that Lender may proceed against any collateral
securing the Guaranteed Obligations (whether or not Guarantor or any other
person holds a lien on only a part of such collateral) and against parties
liable on any of the Guaranteed Obligations in such order as Lender may elect,
the benefit of any rule of law or equity to the contrary being hereby expressly
waived by Guarantor;

(i)          Agrees
that the liability of Guarantor under this Guaranty shall not be affected or
impaired by, and this Guaranty shall remain fully enforceable against Guarantor
for the full amount of the Guaranteed Obligations less only payments thereon
actually received and retained by Lender irrespective of and without reduction
on account of (i) any defenses which Borrower may have or assert with respect to
any of the Guaranteed Obligations, including, but without limitation, filing of
a petition in bankruptcy, discharge in bankruptcy, confirmation of a plan of
reorganization (whether Lender voted for or against such plan), composition with
creditors (whether or not including Lender), failure of consideration, breach of
warranty, statute of frauds, statute of limitations, accord and satisfaction,
waiver, estoppel, release, usury, or fraud or misrepresentation, and (ii) death
or incompetency of Borrower; and

(j)          Waives
and relinquishes, any right of subrogation or other right of reimbursement from
the Borrower or the Borrower's estate and any other right to payment from the
Borrower or the Borrower's estate, arising out of or on account of any sums paid
or agreed to be paid by Guarantor under this Guaranty, whether any such right is
reduced to judgment, liquidated, unliquidated, fixed, contingent, matured,
unmatured, disputed, undisputed, secured, or unsecured.

5.          Guarantor
hereby wholly subordinates all claims which Guarantor may now or hereafter have
against Borrower to all debts and other obligations which Borrower may now or
hereafter owe to Lender, and assigns all such claims to Lender as additional
collateral for the Guaranteed Obligations. This agreement of subordination and
assignment shall survive the termination of this Guaranty, and shall remain in
effect until all Guaranteed Obligations existing on the date of such
termination, whether or not then due, and all interest then accrued and
thereafter accruing thereon, together with all expenses, including collection
costs and attorneys' fees, are paid and performed in full. Until full payment
and performance are made, Guarantor agrees not to accept any payment or
satisfaction of any kind on, or any security for any of the claims hereby
subordinated. If Guarantor should receive any such payment or security,
Guarantor agrees to deliver the same immediately to Lender in the form received,
endorsed or assigned to Lender or in blank as Lender may require, for
application on account of, or as security for, the Guaranteed Obligations. Until
such payment or security is delivered to Lender, Guarantor agrees to hold the
same in trust for Lender. If at any time any of the claims hereby subordinated
is evidenced by any promissory note, chattel paper, or other instrument or
writing, Guarantor agrees to affix to every such writing, in form and manner
satisfactory to Lender, a statement that the writing is subject to the terms of
this Guaranty and, upon request of Lender, agrees to endorse and deliver any
such writing to Lender as additional collateral for the Guaranteed Obligations.
Lender will not be under any duty to take any action in connection with any such
writing and will not be responsible in any respect in connection therewith,
whether for any action it may take or refrain from taking against prior parties
thereto or otherwise, except to use reasonable care in the custody of the
writing, and except for willful misconduct of its

 

employees.
At the request of Lender, Guarantor agrees to cause Borrower to mark Borrower's
records to indicate that the claims of Guarantor against Borrower are
subordinate to the claims of Lender against Borrower and have been assigned to
Lender as collateral. In the event Borrower at any time defaults in the payment
of any debt owing to Lender when due, whether by acceleration of maturity or
otherwise, Lender may, in its own name or that of Guarantor, compromise,
collect, sue on, and give receipt for all claims hereby assigned by Guarantor.
If Borrower files or has filed against it a petition under any chapter of the
Bankruptcy Code, Lender may file proofs of claims in its own name with respect
to the claims hereby assigned and may vote such claims in the bankruptcy
proceedings.

6.          Guaranty
hereby represents and warrants that:

(a)          Guarantor
(i) is duly organized, validly existing and in good standing under the laws of
the jurisdiction of its incorporation, (ii) has the corporate power and
authority and the legal right to own and operate its property, to lease the
property it operates as lessee and to conduct the business in which it is
currently engaged, (iii) is duly qualified as a foreign corporation and in good
standing under the laws of each jurisdiction where its ownership, lease or
operation of property or the conduct of its business requires such
qualification, and (iv) is in compliance with all laws, rules and
regulations applicable to Guarantor, except to the extent that the failure to
comply therewith could not reasonably be expected to have, individually or in
the aggregate, have a material adverse effect on the business, operations,
assets, prospects or financial or other condition of Guarantor and could not
reasonably be expected to adversely affect the ability of Guarantor to perform
its obligations under this Guaranty;

(b)          Guarantor
has the corporate power and authority to execute, deliver and perform this
Guaranty and has taken all necessary corporate action to authorize the
execution, delivery and performance of this Guaranty;

(c)          No
consent, approval or authorization of, or filing with or other act by or in
respect of, any person or entity (including, without limitation, any
governmental authority, bureau or agency) is required in connection with the
execution, delivery or performance by Guarantor, or the validity or
enforceability against Guarantor of this Guaranty or the consummation of the
transactions contemplated hereby;

(d)          This
Guaranty has been duly executed and delivered on behalf of Guarantor and
constitutes the legal, valid and binding obligation of Guarantor enforceable
against Guarantor in accordance with its terms;

(e)          The
execution, delivery and performance by Guarantor of this Guaranty will not
violate, be in conflict with, result in a breach of or constitute (with giving
of notice or lapse of time or both) a default under any provision contained in
Guarantor's articles of incorporation or bylaws, any judgment, order, law, rule
or regulation applicable to Guarantor, the terms of any instrument, document or
agreement to which Guarantor is a party, or by which Guarantor or any of its
properties or assets is bound, or result in, or require, the creation or
imposition of, any lien, charge, security interest or other encumbrance on any
of its properties, assets or revenues;

 

(f)          (i)
Guarantor is the sole shareholder of Borrower, has personal knowledge of and is
familiar with Borrower's business affairs, books and records, has the ability to
influence Borrower's decision-making process, and (ii) the assumption of
obligations hereunder will result in a direct financial benefit to Guarantor.

Guarantor
agrees that the foregoing representations and warranties shall be deemed to have
been made by Guarantor on the date of each borrowing by the Borrower under the
Guaranteed Obligations on and as of such date of borrowing as though made
hereunder on and as of such date.

7.          Guarantor
covenants and agrees that:

(a)          Guarantor
will maintain its existence as a corporation duly organized, validly existing
and in good standing under the laws of the jurisdiction of its incorporation and
remain qualified and in good standing as a foreign corporation under the laws of
each jurisdiction where its ownership, lease or operation of property or the
conduct of its business requires such qualification;

(b)          Guarantor
will not be a party to a merger or consolidation;

(c)          Guarantor
will provide to Lender:

(i)          As
soon as practical, from time to time, such information regarding the operations,
business affairs and financial condition of Guarantor as Lender may reasonably
request.

(d)          Lender
shall have no obligation to investigate the financial condition or affairs of
Borrower for the benefit of Guarantor or to advise Guarantor of any fact
respecting, or any change in, the financial condition or affairs of which might
come to the attention of Lender, at any time, whether or not Lender knows or
believes or has reason to know or believe that any such fact or change is
unknown to Guarantor, or might (or does) materially increase the risk of
Guarantor as guarantor or might (or would) affect the willingness of Guarantor
to continue as guarantor with respect to the Guaranteed Obligations.

8.          Guarantor
acknowledges that the statute of limitations applicable to this Guaranty shall
begin to run only upon Guarantor's failure or refusal to pay any of the
Guaranteed Obligations following demand for payment or performance hereunder by
Lender; provided, that if subsequent to such demand, Lender reaches an agreement
with Borrower on any terms causing Lender to forbear in the enforcement of its
claims against Guarantor, the statute of limitations shall be reinstated for its
full duration until Lender subsequently again makes demand upon Guarantor.

9.          Guarantor
hereby consents to the jurisdiction of any state or federal court holding in the
county or district in which Lender's principal office is located and, to the
extent permitted by applicable law, waives any objection based on venue or forum
non conveniens with respect to any action instituted in any such court and
agrees that such court shall be the exclusive venue for any action under this
Guaranty or concerning or relating to the relationship between Guarantor and
Lender or the obligations of Guarantor with respect to any of the Guaranteed

 

Obligations,
and agrees that process in any such action will be sufficient if served on
Guarantor by certified mail, return receipt requested, or in any manner provided
by law. Notwithstanding the foregoing, Lender shall have the right to bring any
action or proceeding against Guarantor or Guarantor's property in the courts of
any other jurisdiction Lender deems necessary or appropriate in order to enforce
the obligations of Guarantor under this Guaranty.

10.          Guarantor
hereby agrees to pay all costs of collecting under this Guaranty, including, but
without limitation, court costs, litigation expenses, and attorneys' fees
incurred by the Lender in collecting or attempting to collect under this
Guaranty, and all expenses (including attorneys' fees) incurred by Lender in
amending or re-casting this Guaranty at any time, in connection with any
bankruptcy or any other court or receivership proceedings involving Guarantor,
and in connection with any work-out of the obligations of Guarantor to Lender
hereunder, whether involving court proceedings or not.

11.          Notices
and Communications. All notices and other communications hereunder shall be
in writing and shall be effective when sent by certified or registered mail,
return receipt requested: if to Guarantor, at Display Technologies, Inc.,
_______________________ _________________, or at such other address as Guarantor
shall have furnished to Lender in writing with a copy to Larry Ledbetter, Esq.,
Kilpatrick & Stockton, LLP, 2400 Monarch Tower, 3424 Peachtree Road,
Atlanta, GA 30326 or if to Lender, addressed to it at SouthTrust Bank, P.O. Box
2554, Birmingham, AL 35290, Attention: Andrew Raine, or at such other address as
Lender shall have furnished to Guarantor, with a copy to Jay R. Bender, Esq.,
Bradley Arant Rose & White LLP, 2001 Park Place, Suite 1400, Birmingham, AL
35203.

12.          As
used in this Guaranty, the following terms have the following meanings:

"Borrower"
means the debtor identified above in this Guaranty, together with his, her, its
or their heirs, administrators, executors, successors and assigns, including any
resulting or surviving corporation following any merger or any other
reorganization, and also includes any debtor-in-possession or similar entity
following the filing of a petition for relief by or against Borrower under any
chapter of the federal Bankruptcy Code or in any similar proceeding under state
or federal law, and also includes any proprietorship, partnership, corporation,
trust, or other entity resulting from or arising out of the dissolution,
liquidation or change in form of business organization by Borrower or following
any change of name or domicile by Borrower.

"Guaranteed
Obligations" means all debts and other obligations now owed to Lender
by Borrower (including, without limitation, the debts and obligations of
Borrower under the Borrower Loan Agreement), all debts and other obligations in
the future owed to Lender by Borrower, all extensions and renewals of any of
such debts or obligations, and all interest and other lawful charges on any or
all of such debts and obligations, including, but without limitation, late
charges, penalty interest, and costs of collection (including reasonable
attorneys' fees) which Borrower has agreed to pay to Lender, or for which
Borrower has agreed to reimburse Lender, or for which Borrower is obligated to
Lender under applicable law, together with each and every promissory note or
other instrument or writing now or hereafter evidencing the obligation of
Borrower to pay any such debt, the interest thereon, and such other charges;

 

whether
such debts or other obligations are now foreseen or unforeseen; whether now due
or to become due in the future; whether incurred with or without notice to
Guarantor; whether arising from contract, overdraft to a deposit account or
line-of-credit account, use of a credit card or cards, tort or otherwise;
whether arising from an original obligation of Borrower to Lender or from an
obligation of Borrower which was purchased by Lender from another; whether from
time to time increased, or reduced, or entirely extinguished and then reincurred;
whether direct or indirect, absolute or contingent, or secured or unsecured;
whether otherwise guaranteed or not; and whether arising out of a loan of money
or other extension of credit, an overdraft on a deposit account with Lender, a
sale or lease of goods, the issuance of a letter of credit or bankers'
acceptance, the purchase, discount, acceptance or certification of a note or
draft, any combination of the foregoing, or otherwise. The Guaranteed
Obligations include, without limitation, interest and other charges on any debt
or obligation of Borrower to Lender accruing after the filing of a petition
under any chapter of the federal Bankruptcy Code by or against Borrower and any
loans or other credit or financial products or services extended to Borrower
after the filing of any such petition. The Guaranteed Obligations specifically
are not limited to debts and other obligations contracted for or arising
concurrently with or prior to the execution of this Guaranty and are not limited
in amount unless otherwise specifically set forth in writing on this Guaranty.

"Borrower
Loan Agreement" means that certain Loan and Security Agreement dated as
of January 17, 2001 by and between Borrower and Lender, among others, as the
same has been amended from time to time.

13.          No
delay in making demand on Guarantor for satisfaction of its or their liability
hereunder shall prejudice Lender's rights to enforce this Guaranty. All of
Lender's rights and remedies under this Guaranty, under any other agreement, and
under applicable law shall be cumulative, and any failure of Lender to exercise
any such right or remedy shall not be construed as a waiver of the right to
exercise the same or any other right or remedy at any time, and from time to
time, thereafter. No waiver by Lender shall be effective unless made in writing
by a duly authorized officer or agent of Lender, and no waiver by Lender of any
right or remedy shall constitute a waiver of any other or future right or
remedy. This Guaranty shall inure to the benefit of Lender, its successors and
assigns, and to any person or entity to whom Lender may grant an interest in any
of the Guaranteed Obligations, and shall be binding upon Guarantor, its
respective successors and assigns. This Guaranty shall be governed, construed,
and enforced in accordance with the substantive laws of the United States and
the state in which Lender's principal office is located, without regard to
principles of conflict of laws. This Guaranty is intended to take effect as a
document under seal. This Guaranty sets forth the entire agreement and
understanding of Guarantor with respect to the subject matter hereof. Guarantor
acknowledges that no agent of Lender has made any representation which is
inconsistent with any of the terms of this Guaranty and that no officer or agent
of Lender has the authority to vary the terms of this Guaranty except in a
writing signed by a duly authorized officer of Lender. The making of the loans
and providing of the other financial services referred to in this Guaranty shall
be solely in the discretion of the Lender, and reference thereto in this
Guaranty, whether in paragraph 1 hereof or elsewhere, shall not be deemed
to be a commitment by Lender to make any loan or provide any financial service.
In the event any one or more of the provisions of this Guaranty shall be
invalid, illegal or unenforceable in any respect, the validity, legality and
enforceability of the remaining provisions of this Guaranty shall not in any way
be affected or

 

impaired
thereby. If more than one person or entity signs this Guaranty below, the
liability of such persons or entities on this Guaranty is joint and several, and
all references to the singular in this Guaranty also include the plural. In the
event of termination of this Guaranty as to any or more of such Guarantors, this
Guaranty shall continue in full force and effect with respect to the remaining
Guarantors. Lender may file a photocopy of this Guaranty as a financing
statement in any public office.

This
Guaranty and the performance of the Guaranteed Obligations by Guarantor are
secured by all of the "Collateral" as described in the Loan and
Security Agreement dated as of January 17, 2001 by and among Lender, Guarantor,
among others, as the same has been amended thereafter from time to time, and in
the Security Agreement of even date herewith executed by Guarantor in favor of
Lender.

The
Guaranteed Obligations hereunder shall be paid from the proceeds of the
Collateral in accordance with the terms of the Amendment.

IN
WITNESS WHEREOF, the Guarantor has caused this Guaranty to be duly executed and
delivered by its duly authorized officer, on or as of the date first above
written.

 

		
      GUARANTOR:

      DISPLAY
      TECHNOLOGIES, INC.

      
      By:                                                                        

      Its:                                                                        

       

		DON BELL
      INDUSTRIES, INC.
      By:                                                                        

      Its:                                                                        

       

		J. M. STEWART
      MANUFACTURING, INC.
      By:                                                                        

      Its:                                                                        

       

		J. M. STEWART
      CORPORATION
      By:                                                                        

      Its:                                                                        

       

 

		
      J. M. STEWART
      INDUSTRIES, INC.

      
      By:                                                                        

      Its:                                                                        

       

		VISION TRUST
      MARKETING, INC.
      By:                                                                        

      Its:                                                                        

       

		LOCKWOOD SIGN
      GROUP, INC.
      By:                                                                        

      Its:                                                                        

       

 

STATE
OF ____________ )

                                            :

COUNTY OF __________)

I,
the undersigned, a Notary Public in and for said County in said State, hereby
certify that ___________________________________, whose name as
__________________ of Display Technologies, Inc., a Nevada corporation, is
signed to the foregoing instrument, and who is known to me, acknowledged before
me on this day that, being informed of the contents of the instrument, he as
such officer, and with full authority, executed the same voluntarily for and as
the act of said corporation.

Given
under my hand and seal of office this ____ day of _____________, 2001.

	 	
      

      

    Notary Public
	[NOTARIAL SEAL]	

    My commission expires:___________________

STATE
OF ____________ )

                                            :

COUNTY OF __________)

I, the undersigned, a
Notary Public in and for said County in said State, hereby certify that
___________________________________, whose name as __________________ of Don
Bell Industries, Inc., a Florida corporation, is signed to the foregoing
instrument, and who is known to me, acknowledged before me on this day that,
being informed of the contents of the instrument, he as such officer, and with
full authority, executed the same voluntarily for and as the act of said
corporation.

Given under my hand and
seal of office this ____ day of ___________, 2001.

	 	
      

      

    Notary Public
	[NOTARIAL SEAL]	

    My commission expires:___________________

 

 

STATE
OF ____________ )

                                            :

COUNTY OF __________)

I, the undersigned, a
Notary Public in and for said County in said State, hereby certify that
___________________________________, whose name as __________________ of J. M.
Stewart Manufacturing, Inc., a Florida corporation, is signed to the foregoing
instrument, and who is known to me, acknowledged before me on this day that,
being informed of the contents of the instrument, he as such officer, and with
full authority, executed the same voluntarily for and as the act of said
corporation.

Given under my hand and
seal of office this ____ day of ______________, 2001.

	 	
      

      

    Notary Public
	[NOTARIAL SEAL]	

    My commission expires:___________________

STATE
OF ____________ )

                                            :

COUNTY OF __________)

I, the undersigned, a
Notary Public in and for said County in said State, hereby certify that
___________________________________, whose name as __________________ of J. M.
Stewart Corporation, a Florida corporation, is signed to the foregoing
instrument, and who is known to me, acknowledged before me on this day that,
being informed of the contents of the instrument, he as such officer, and with
full authority, executed the same voluntarily for and as the act of said
corporation.

Given under my hand and
seal of office this ____ day of ____________, 2001.

	 	
      

      

    Notary Public
	[NOTARIAL SEAL]	

    My commission expires:___________________

 

 

STATE
OF ____________ )

                                            :

COUNTY OF __________)

I, the undersigned, a
Notary Public in and for said County in said State, hereby certify that
___________________________________, whose name as __________________ of J. M.
Stewart Industries, Inc., a Florida corporation, is signed to the foregoing
instrument, and who is known to me, acknowledged before me on this day that,
being informed of the contents of the instrument, he as such officer, and with
full authority, executed the same voluntarily for and as the act of said
corporation.

Given under my hand and
seal of office this ____ day of ______________, 2001.

	 	
      

      

    Notary Public
	[NOTARIAL SEAL]	

    My commission expires:___________________

STATE
OF ____________ )

                                            :

COUNTY OF __________)

I, the undersigned, a
Notary Public in and for said County in said State, hereby certify that
___________________________________, whose name as __________________ of Vision
Trust Marketing, Inc., a Florida corporation, is signed to the foregoing
instrument, and who is known to me, acknowledged before me on this day that,
being informed of the contents of the instrument, he as such officer, and with
full authority, executed the same voluntarily for and as the act of said
corporation.

Given under my hand and
seal of office this ____ day of __________, 2001.

                          
                           

	 	
      

      

    Notary Public
	[NOTARIAL SEAL]	

    My commission expires:___________________

 

STATE
OF ____________ )

                                            :

COUNTY OF __________)

I, the undersigned, a
Notary Public in and for said County in said State, hereby certify that
___________________________________, whose name as __________________ of
Lockwood Sign Group, Inc., a Florida corporation, is signed to the foregoing
instrument, and who is known to me, acknowledged before me on this day that,
being informed of the contents of the instrument, he as such officer, and with
full authority, executed the same voluntarily for and as the act of said
corporation.

Given under my hand and
seal of office this ____ day of ___________, 2001.

                          

	 	
      

      

    Notary Public
	[NOTARIAL SEAL]	

    My commission expires:___________________SECURITY AGREEMENT

Exhibit 10.169

FORM OF

SECURITY
AGREEMENT

	
      DEBTORS:
	
      SECURED
      PARTY:

	
       
	
       

	
      See Debtors Listed on
      Exhibit A
attached hereto.
	
      SouthTrust
      Bank
P.O. Box 2554
Birmingham, AL
35290

Date: August 3,
2001

1.       Security Interest in
the Collateral. For valuable consideration, receipt of which is hereby
acknowledged, and in further consideration of the Secured Obligations (as
hereinafter defined), the undersigned Display Technologies, Inc., a Nevada
corporation ( “Display”); Don Bell Industries, Inc., a Florida corporation (
“Don Bell”); J. M. Stewart Manufacturing, Inc., a Florida corporation ( “Stewart
Manufacturing”); J. M. Stewart Corporation, a Florida corporation ( “Stewart
Corporation”); J. M. Stewart Industries, Inc., a Florida corporation ( “Stewart
Industries”); Vision Trust Marketing, Inc., a Florida corporation (
“VisionTrust”); Lockwood Sign Group, Inc., a Florida corporation ( “Lockwood”)
(hereinafter referred to, jointly and severally as “Debtor”) hereby
grants, bargains, sells, assigns, and sets over to SouthTrust Bank, an Alabama
banking corporation (hereinafter referred to as “Secured Party”), and
grants to Secured Party a security interest in, the following properties, assets
and rights of Debtor, and all Proceeds and products thereof, all of which shall
constitute original collateral hereunder (all of the same being hereinafter
referred to collectively as the “Collateral”):

 All of Debtor’s
right, title and interest in and to the following property and rights, wherever
located, and whether now owned or hereafter acquired or arising:

(a)       Accounts, including
Health-Care-Insurance Receivables;

(b)       Inventory, including all
goods, merchandise, raw materials, work in process, finished goods, and other
tangible personal property held for sale or lease or furnished or to be
furnished under contracts of service or used or consumed in Debtor’s
business;

(c)       Equipment;

(d)       General Intangibles,
including Payment Intangibles, Software, patents, patent applications,
trademarks, trademark applications, trade names, copyrights, copyright
applications, engineering drawings, service marks, customer lists, goodwill, and
all licenses, permits, agreements of any kind or nature pursuant to which Debtor
possesses, uses or has the authority to possess or use property of
others;

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(e)       Records indicating,
summarizing or evidencing its assets or liabilities, or relating to its business
operations or financial condition;

(f)       Accessions and Commingled
Goods;

(g)       Investment Property and
Commodity Accounts;

(h)       Letters of Credit,
Letter-of-Credit Rights, Instruments, Promissory Notes, Drafts, Documents, and
Chattel Paper (including Electronic Chattel Paper and Tangible Chattel
Paper);

(i)       Money or other assets of
Debtor that now or hereafter come into the possession, custody, or control of
Secured Party or any agent or bailee thereof;

(j)       Deposit
Accounts;

(k)      As-Extracted
Collateral;

(l)       Manufactured
Homes;

(m)     Commercial Tort Claims described on
Schedule 1 attached hereto;

(n)       Farm Products and
timber;

(o)       Fixtures;

(p)       Supporting Obligations with
respect to any of the Collateral; and

(q)       to the extent not listed
above as original collateral, Proceeds and products, whether tangible or
intangible, of any of the above-described property, including Proceeds of
insurance covering any or all of the above-described property, and any other
tangible or intangible property or rights resulting from the sale, exchange,
collection, or other disposition of any of the foregoing, or any portion thereof
or interest therein, and the Proceeds thereof.

(Capitalized terms used in
this agreement without definitions shall have the respective meanings given to
them under the Uniform Commercial Code as provided in paragraph 14,
below.)

2.          Secured
Obligations. This agreement, and the security interest herein granted,
secures the payment and performance of all present and future obligations of
Debtor to Secured Party, including every loan of money, credit sale, sale on
account, consignment sale, sale on approval, sale or return, and other extension
of credit heretofore, now, or hereafter made to Debtor by Secured Party,
including the Loan and Security Agreement dated as of January 17, 2001 between
Debtor and Secured Party, among others, as amended, and including the Guaranty
of Payment of even date herewith executed by Debtor in favor of Secured Party;
any extension or renewals of any of the foregoing; all finance charges and late
payment charges due or to become due to Secured Party on each such obligation;
every note or other writing now or hereafter evidencing

2

 

the obligation of Debtor to repay any such obligation and/or the finance
charges or other charges thereon; every guaranty of payment or collection of the
debt of another heretofore, now, or hereafter entered into by Debtor with
Secured Party; the payment and performance of all of Debtor’s obligations under
this agreement; and all other indebtedness and other obligations of Debtor to
Secured Party, including all sums paid to Secured Party for Debtor’s account by
Debtor or any other person which are later recovered back from Secured Party by
Debtor or any representative of Debtor or of Debtor’s creditors, such as a
trustee in bankruptcy, any of the foregoing that arises after the filing of a
petition by or against Debtor under the federal Bankruptcy Code even if the
obligations do not accrue because of the automatic stay under ’ 362 of the
federal Bankruptcy Code, and any intended cash sale where the cash consideration
was not actually received by Secured Party; whether any of the foregoing debts
and other obligations are joint or several, primary or secondary, direct or
indirect, otherwise secured or unsecured, whether originally payable or owed to
Secured Party or acquired by Secured Party from another, and whether now
existing or hereafter incurred prior to termination of this agreement as
hereinafter provided. (All of the debts and other obligations described in the
preceding sentence are hereinafter referred to collectively as the “Secured
Obligations”).

3.       Purchase Money Security
Interests. To the extent Debtor uses any loans from Secured Party to
purchase Collateral, Debtor’s repayment of the principal of such loan shall
apply on a “first-in first-out” basis so that the portion of such loan used to
purchase a particular item of Collateral shall be paid in the chronological
order the Debtor purchased the Collateral.

4.       Perfection of Security
Interests.

(a)       Debtor irrevocably
authorizes Secured Party at any time to complete, sign or Authenticate in
Debtor’s name, and file financing statements describing the Collateral and
containing such other information as Secured Party deems appropriate. In
addition, at the request of Secured Party, Debtor will execute financing
statements in form and number satisfactory to Secured Party and will pay the
cost of filing the same in all public offices where filing is deemed by Secured
Party to be necessary or desirable. Debtor agrees that a carbon or photostatic
copy of this agreement may be filed as a financing statement in any public
office.

(b)       If certificates of title are
issued or outstanding with respect to any of the Collateral, Debtor will cause
the interest of Secured Party to be properly noted thereon at Debtor’s
expense.

(c)       If Debtor shall at any time
hold or acquire any Instruments, Promissory Notes, Tangible Chattel Paper,
Certificated Securities, or Documents of title, Debtor shall notify Secured
Party and, upon Secured Party’s request, endorse, assign and deliver the same to
Secured Party, accompanied by such instruments of transfer or assignment duly
executed in blank as Secured Party may from time to time
specify.

(d)       Where Collateral is in the
possession of a third party, Debtor will join with Secured Party in notifying
the third party of Secured Party’s security interest and obtaining an
acknowledgment from the third party that it is holding the Collateral for the
benefit of Secured Party.

3

 

(e)       Debtor will ensure that
Secured Party obtains control with respect to Collateral consisting of Deposit
Accounts, Investment Property, Letter-of-Credit Rights, Electronic Chattel
Paper, and “transferable records” as defined in Section 201 of the federal
Electronic Signatures in Global and National Commerce Act or in §16 of the
Uniform Electronic Transactions Act as in effect in any relevant
jurisdiction.

(f)       Debtor agrees to execute
such other documents, make such other filings, and take such further actions as
Secured Party requests to perfect or protect Secured Party’s security interests
and rights in the Collateral.

5.       Debtor’s
Representations and Warranties. Debtor represents and warrants to
Secured Party that:

(a)       Debtor’s exact legal name,
type of organization, state of organization, and organizational number (if any)
are set forth at the beginning of this agreement. Debtor is duly organized and
validly existing in good standing under the laws of the state set forth in the
first paragraph of this agreement.

(b)       Except as set forth on
Schedule 5(b) attached hereto, Debtor does not do business under any
trade name or name style other than its exact legal name, and Debtor has not
done business under any other legal name or trade name in the last 5
years.

(c)       Debtor has title to, rights
in, or power to transfer, the Collateral. The Collateral is free of all adverse
claims, and restrictions on transfer or pledge.

(d)       Except as set forth on
Schedule 5(d) attached hereto, the Collateral is not subject to any lien
or security interest except for the security interest granted to Secured Party
under this agreement, and no financing statement with respect to any of the
Collateral is on file in any public office.

(e)       The Collateral, including
Debtor’s Inventory, Fixtures, and Equipment, is kept or stored only at the
address(es) shown on Schedule 5(e) attached hereto. Except as set forth
on Schedule 5(e), Debtor is the owner of all real estate upon
which all tangible Collateral is located.

(f)       The current address of
Debtor’s chief executive office, the address of each other location of Debtor’s
chief executive office within the previous five (5) years, and the address(es)
where the Records concerning Debtor’s Accounts, Payment Intangibles and other
intangible Collateral are kept, are set forth on Schedule 5(f) attached
hereto.

(g)       Debtor is duly qualified and
in good standing in every state in which the nature of its business or the
ownership of its properties makes qualification necessary.

(h)       The execution, delivery, and
performance of this agreement are within Debtor’s corporate powers, have been
duly authorized, are not in contravention of law or the terms of Debtor’s
articles of incorporation, by-laws, or other organizational documents, or of any
indenture, agreement, or undertaking to which Debtor is a party or by which
Debtor is bound.

4

 

(i)       Except as set forth on
Schedule 5(i) attached hereto, Debtor does not have any subsidiaries
and is not affiliated with any other corporation by common ownership or
control.

6.       Insurance.
Debtor agrees with Secured Party that Debtor will maintain insurance at all
times with respect to the Collateral against risk of fire (including so-called
extended coverage), theft, water damage and such other risks (including flood)
as Secured Party may require from time to time, in such form, for such perils,
and written by such companies as may be satisfactory to Secured Party. Secured
Party shall be named as loss payee under such policies of insurance. Debtor may
furnish such insurance through an existing policy or a policy independently
obtained and paid for by Debtor. All policies of insurance shall provide for a
minimum of ten (10) days’ written notice to Secured Party before cancellation.
At request of Secured Party, Debtor will deliver such policies, or at Secured
Party’s option, certificates thereof, to Secured Party to be held by it. Debtor
hereby appoints Secured Party the attorney-in-fact for Debtor for purposes of
obtaining, adjusting, settling, and canceling such insurance and of indorsing in
Debtor’s name and giving receipt for checks and drafts issued in payment of
losses and as return premiums. In the event Debtor fails to provide any
insurance as required herein, Secured Party may, at its option, purchase such
insurance or, at Secured Party’s option and upon ten (10) days’ notice to
Debtor, insurance covering only Secured Party’s interest in the Collateral, but
Secured Party shall not be under any duty to purchase any such insurance. Debtor
agrees to reimburse Secured Party on demand for the cost of all such insurance
purchased by Secured Party. Debtor hereby assigns all insurance policies at any
time covering the Collateral and all returned or unearned premiums thereon to
Secured Party as additional collateral for the Secured
Obligations.

7.       Debtor’s
Covenants. Debtor agrees with Secured Party as follows:

(a)       Debtor will keep the
Collateral in good condition, and will not waste or destroy any of the same.
Debtor will allow Secured Party and any of its officers, agents, attorneys, or
accountants to examine or inspect the Collateral wherever located at all
reasonable times. Debtor will not use the Collateral in violation of any statute
or ordinance or any policy of insurance thereon.

(b)       Until the occurrence of a
default hereunder, Debtor may use the Collateral in any lawful manner not
inconsistent with this Agreement or with the terms or conditions of any policy
of insurance thereon and may sell the Inventory in the ordinary course of
business. Until the occurrence of a default, Debtor may also use and consume any
raw materials or supplies, the use and consumption of which are necessary in
order to carry on Debtor’s business.

(c)       Upon request of Secured
Party at any time, Debtor will deliver to Secured Party lists or copies of all
Accounts and Payment Intangibles promptly after they arise. Upon request of
Secured Party, whether before or after a default hereunder, Debtor will deliver
to Secured Party, promptly upon receipt, all Proceeds of the Collateral received
by Debtor, in precisely the form received by Debtor, except for the endorsement
of Debtor where necessary to permit the collection of such Proceeds (which
endorsement Debtor hereby agrees to make). Debtor agrees not to mingle any
Proceeds of the Collateral with any of Debtor’s own funds, goods or property,
and at all times to hold such Proceeds upon express trust for the Secured Party
until delivery thereof is made to Secured Party. Secured Party shall have the
full power and authority to collect,

5

 

compromise, endorse, sell, or otherwise deal with Proceeds in its own
name or that of Debtor. Secured Party in its discretion may apply Cash Proceeds
to the payment of any of the Secured Obligations (whether or not due) or may
release such Cash Proceeds to Debtor for use in the operation of Debtor’s
business.

(d)       With respect to Collateral
in the form of Instruments, Accounts, Payment Intangibles, General Intangibles,
and Chattel Paper, Secured Party may at any time before or after default notify
any obligors or account debtors that such Collateral has been assigned to
Secured Party and shall be remitted directly to Secured Party. Upon request of
Secured Party at any time Debtor will so notify such obligors or account debtors
and will indicate on all invoices to such obligors or account debtors that their
obligations are payable to Secured Party.

(e)       Debtor agrees to keep all
Records concerning the Collateral in a fireproof and safe place and, upon
request of Secured Party, to make such Records available to Secured Party, its
agents, attorneys, and accountants, at any reasonable time and without hindrance
or delay to allow Secured Party to inspect, audit, check, copy or make extracts
from such Records.

(f)       All of Debtor’s existing
Inventory has been, and all of Debtor’s Inventory hereafter produced or acquired
will be, produced in accordance with the requirements of the federal Fair Labor
Standards Act.

(g)       Except upon not less than
twenty (20) days’ advance notice in writing to Secured Party, Debtor will
not:

  (i)        keep or store any
  Collateral at any address other than the addresses set forth on
  Schedule 5(e) attached hereto;

  (ii)       change the address of
  Debtor’s chief place of business or chief executive office; 

  (iii)      change the address or office
  where Debtor keeps its Records relating to its Accounts, Payment Intangibles
  and other intangible Collateral; or

  (iv)      change its
name.

(h)       Unless Secured Party shall
give its advance consent in writing, Debtor will not:

  (i)       change the state of its
  incorporation or organization;

  (ii)      merge with, consolidate with,
  or enter into any corporate reorganization with, any other corporation or
  entity, whether or not Debtor is the surviving or resulting
  corporation;

6

 

  (iii)       sell, lease, or
  otherwise transfer or dispose of, or agree to sell, lease, or otherwise
  transfer or dispose of, any of its Collateral (other than Inventory);
  or

  (iv)       sell any of its
  Inventory, or collect any of its Accounts, Payment Intangibles, General
  Intangibles, Instruments or Chattel Paper, other than in the ordinary course
  of business. A sale in the ordinary course of business does not include a
  transfer in partial or total satisfaction of a debt or a credit sale or
  consignment to a subsidiary or an affiliated company.

(i)       With respect to any tangible
Collateral that is located on leased premises, Debtor shall obtain and furnish
to Secured Party landlord lien waivers, in form and content acceptable to
Secured Party, pursuant to which the landlord of such premises subordinates any
landlord’s lien upon the Collateral to the lien of Secured
Party.

8.       Further
Assurances. (a) Debtor shall do, make, execute, and deliver to
Secured Party all such additional and further acts, things, assignments,
assurances, and instruments as Secured Party may require to more completely vest
in and assure to Secured Party its rights hereunder and in or to the Collateral
and the Proceeds and products thereof.

(b)       Debtor will pay promptly
when due all taxes and assessments upon the Collateral or any part thereof, upon
its use or operation thereof, upon the Proceeds or products thereof, upon this
agreement, and upon any note or notes evidencing the Secured Obligations. At its
option, Secured Party may discharge any taxes, liens, security interests or
other encumbrances at any time levied or placed on the Collateral or any part
thereof and may pay for the maintenance and preservation of the Collateral, but
Secured Party shall not be under any duty to exercise any such authority. Debtor
agrees to reimburse Secured Party, upon demand, for any payment made or any
expense incurred by the Secured Party pursuant to the foregoing
authorization.

(c)       All sums expended by Secured
Party which Debtor is obligated to reimburse Secured Party under this agreement
shall bear interest from the date reimbursement is due until the date paid at
the rate which is two percent in excess of the prime rate of interest published
in The Wall Street Journal or any successor publication thereto,
as such rate shall change from time to time, but in any event not more than
the maximum rate allowed by law. All such sums and the interest thereon shall be
secured by the security interest granted in this agreement and, if not paid when
due, shall be added to the principal balance of the then-outstanding Secured
Obligations and interest shall thereafter accrue on such sum at the interest
rate specified above unless prohibited by law.

9.       Default. Any or
all of the Secured Obligations shall, at the option of Secured Party and
notwithstanding the stated maturity date of any Secured Obligation or of any
instrument evidencing any such Secured Obligation, become immediately due and
payable without notice or demand upon the occurrence of any of the following
events, each of which shall constitute a default hereunder:

7

 

(a)       Debtor shall fail to pay or
perform as and when due under the terms of any of the Secured Obligations or any
instrument evidencing the same;

(b)       Debtor shall fail to pay or
perform as and when due any covenant contained in this
agreement;

(c)       Any warranty or
representation made or any writing furnished to Secured Party by or on behalf of
Debtor in or in connection with this agreement is breached or is false or
inaccurate in any material respect when made or furnished;

(d)       Occurrence of any event
which results in the acceleration of the maturity of any indebtedness of Debtor
to others under any indenture, agreement, contract, or
undertaking;

(e)       Loss, theft, damage, or
destruction of any material part of the Collateral, or any levy, seizure,
garnishment or attachment thereof or thereupon;

(f)       Death, dissolution,
termination of existence, insolvency, cessation of business, or appointment of a
receiver of any part of the property of, assignment for the benefit of creditors
by, or the commencement of any proceeding under any chapter of the federal
Bankruptcy Code or any insolvency laws by or against, Debtor or any guarantor or
surety for Debtor on any of the Secured Obligations;

(g)       Debtor shall fail to comply
with, or shall become subject to any administrative or judicial proceeding
under, any federal, state or local hazardous waste or environmental
law;

(h)       Secured Party’s lien upon
the Collateral shall cease to be a perfected security interest or shall at any
time cease to be prior to any and all other security interests or other
interests in the Collateral; or

(i)       Secured Party reasonably
deems itself insecure.

10.          Secured
Party’s Remedies; Reimbursement for Expenses.

(a)          Upon the
occurrence of any default, and at any time thereafter, Secured Party shall have
the right to pursue any remedy available at law (including those available under
the Uniform Commercial Code as in effect from time to time under the laws of any
applicable jurisdiction (the “UCC”)), or in equity to collect, enforce or
satisfy the Secured Obligations then owing, whether by acceleration or
otherwise.

(b)          Upon the
occurrence of any default, and at any time thereafter, Secured Party shall have
the right to pursue any of the following remedies separately, successively or
simultaneously:

8

 

  (i)       File suit and obtain
  judgment and, in conjunction with any action, Secured Party may seek any
  ancillary remedies provided by law, including levy of attachment, detinue,
  replevin, or garnishment.

  (ii)       Take possession of any
  Collateral not already in its possession without demand and without legal
  process. Debtor grants to Secured Party and its agents the right, for this
  purpose, to enter into or on any premises where Collateral may be located.
  Upon Secured Party’s demand, Debtor will assemble and make the Collateral
  available to Secured Party at a place to be designated by Secured
  Party.

  (iii)       With or without taking
  possession, sell, lease or otherwise dispose of the Collateral, or any part
  thereof, at one or more public or private sales in accordance with the
  UCC.

  (iv)       Notify any account debtor
  or any other person obligated on Collateral to make payment or otherwise
  render performance to or for the benefit of Secured Party.

  (v)       Set off the balance of any
  Deposit Account or other property of Debtor held by Secured Party against the
  Secured Obligations.

(c)       Debtor agrees to pay Secured
Party on demand any and all expenses incurred or paid by Secured Party in the
exercise of its rights under this agreement or under the UCC, including expenses
incurred to protect or enforce the Secured Obligations, protect the Collateral,
take possession of and sell or dispose of the Collateral, store or collect the
Collateral, prepare and advertise the Collateral for sale, conduct the sale and
collect the Proceeds of sale, and expenses for the services of attorneys
employed by Secured Party for any purpose related to this agreement or the
Secured Obligations, including consultation, drafting documents, sending notices
or instituting, prosecuting or defending litigation or arbitration. Payment of
all such expenses and the interest thereon shall be secured by the security
interest granted in this agreement.

11.       Foreclosure
Provisions.

(a)       Secured Party shall give
Debtor such notice of any private or public sales as may be required by the UCC.
Debtor agrees that notice of sale or other disposition of the Collateral, or of
any part thereof, shall be sufficient if such notice is, at least ten (10) days
before the time of the sale or disposition, (i) delivered to Debtor or (ii)
mailed, postage prepaid, to the address of Debtor shown at the beginning of this
agreement, or such other address as Debtor shall have furnished Secured Party in
writing for such purpose, (iii) sent by facsimile transmittal to the facsimile
number of Debtor shown at the beginning of this agreement, or such other
facsimile number as Debtor shall have furnished to Secured Party, or (iv) sent
by e-mail or other electronic means to the e-mail address of Debtor shown at the
beginning of this agreement, or such other e-mail or electronic address as
Debtor shall have furnished to Secured Party.

(b)       No delay or omission by
Secured Party to exercise any right or remedy accruing upon any default shall:
(i) impair any right or remedy, (ii) waive any default or operate as

9

 

an
acquiescence to the default, or (iii) affect any subsequent default of the same
or of a different nature.

(c)       Secured Party has no
obligation to clean-up, refurbish, or otherwise prepare any Collateral for
sale.

(d)       Secured Party has no
obligation to attempt to satisfy the Secured Obligations by collecting them from
any other person liable for them, and Secured Party may release, modify or waive
any collateral provided by any other person to secure any of the Secured
Obligations, all without affecting Secured Party’s rights against Debtor. Debtor
waives any right it may have to require Secured Party to pursue any third person
for any of the Secured Obligations.

(e)       Secured Party may comply
with any applicable state or federal law requirements in connection with a
disposition of the Collateral and compliance will not be considered to adversely
affect the commercial reasonableness of any sale of the
Collateral.

(f)       Secured Party may sell the
Collateral without giving any warranties as to the Collateral. Secured Party may
specifically disclaim any warranties of title or the like. This procedure will
not be considered to adversely affect the commercial reasonableness of any sale
of the Collateral.

(g)       If Secured Party sells any
of the Collateral upon credit, Debtor will be credited only with payments
actually made by the purchaser, received by Secured Party, and applied to the
indebtedness of the purchaser. In the event the purchaser fails to pay for the
Collateral, Secured Party may resell the Collateral and Debtor shall be credited
with the Proceeds of the sale.

(h)       In the event Secured Party
purchases any of the Collateral being sold, Secured Party may pay for the
Collateral so purchased by crediting some or all of the Secured
Obligations.

(i)       Secured Party shall have no
obligation to marshal any assets in favor of Debtor, or against or in payment of
the Secured Obligations or any other obligation owed to Secured Party by Debtor
or any other person.

(j)       Debtor hereby irrevocably
authorizes and empowers Secured Party (i) to receive and give receipt for
any amount or amounts due or to become due to Debtor on account of the
Collateral and to endorse and negotiate in the name of Debtor any check or other
item issued in payment or on account thereof, and in the name of Secured Party
or of Debtor to enforce by suit or otherwise, compromise, settle, discharge,
extend the time of payment, file claims or otherwise participate in bankruptcy
proceedings, and otherwise deal in and with the Collateral and any Proceeds
thereof; (ii) to open mail addressed to Debtor, remove any Collateral or
Proceeds therefrom, and deliver the remainder of such mail to Debtor; and
(iii) to do all acts and things deemed by Secured Party to be appropriate
to protect, preserve and realize upon Secured Party’s security interest
hereunder; but Secured Party shall not be under any duty to exercise such
authority or power or in any way responsible for collecting or realizing upon
the Collateral.

 

10

 

12.       Power of
Attorney.

(a)       Debtor hereby irrevocably
constitutes and appoints Secured Party and any officer or agent thereof, with
full power of substitution, as its true and lawful attorneys-in-fact with full
irrevocable power and authority in the place and stead of Debtor or Secured
Party’s own name, for the purpose of carrying out the terms of this agreement,
to take any and all appropriate action and to execute any and all documents and
instruments that may be necessary or desirable to accomplish the purposes of
this agreement.

(b)        To the extent
permitted by law, Debtor hereby ratifies all that said attorneys shall lawfully
do or cause to be done by virtue hereof. This power of attorney is coupled with
an interest and shall be irrevocable.

(c)        The powers conferred
on Secured Party hereunder are solely to protect its interests in the Collateral
and shall not impose any duty upon it to exercise any such powers. Secured Party
shall be accountable only for the amounts that it actually receives as a result
of the exercise of such powers and neither it not any of its officers,
directors, employees o r agents shall be responsible to Debtor for any act or
failure to act, except for Secured Party’s own gross negligence or willful
misconduct.

13.       Rules of
Construction. Unless the context clearly requires
otherwise:

(a)       References to “Proceeds” do
not authorize any sale, transfer, or other disposition of Collateral by the
Debtor.

(b)       The words “includes” and
“including” are not limiting, but instead have the inclusive meaning represented
by the phrase “including, without limitation.”

(c)        The word “or” has the
inclusive meaning represented by the phrase “and/or.”

(d)       The word “all” includes
“any” and the word “any” includes “all”.

(e)       The words “sign” and
“signed” also mean “authenticate” and “authenticated.”

(f)        References to the
plural include the singular, and references to the singular include the
plural.

(g)       References to any gender
include each other gender.

(h)       References to any law
include every amendment or supplement to it, rule and regulation adopted under
it, and successor or replacement for it.

11

 

(i)       No presumption shall be drawn
by the fact that any particular party was the drafter of this
agreement.

14.       Miscellaneous.
(a) Secured Party’s rights and remedies hereunder, under other agreements
or instruments, and under law, are cumulative and may be exercised successively
or concurrently. Secured Party shall not be deemed to have waived any of its
rights hereunder, under any other agreement or instrument, or under law except
in a writing signed by Secured Party. No delay or omission on the part of
Secured Party in exercising any right or remedy shall operate as a waiver
thereof, and a written waiver on any one occasion shall not be construed as a
bar or waiver of any right or remedy on any future occasion.

(b)       At any time when no Secured
Obligations remain outstanding and unperformed and there exists no commitment on
the party of Secured Party to enter into any other or future Secured Obligation,
upon written demand of Debtor, Secured Party will file, or at Secured Party’s
election will furnish to Debtor for filing, a termination statement with respect
to its security interest in the Collateral. Upon the filing, or furnishing to
Debtor for filing, of such a termination statement which has been duly executed
on behalf of Secured Party, this agreement shall terminate. Prior to such
termination, this shall be a continuing agreement in every respect.

(c)       This agreement and all
rights, remedies and obligations hereunder, including matters of construction,
validity, and performance, shall be governed by the laws of the State of Alabama
as in effect from time to time. All rights and remedies of Secured Party under
the UCC shall be determined under the applicable provisions as in effect at the
time of the exercise of such rights and remedies.

(d)       All capitalized terms used
in this agreement which are not expressly defined herein shall have the meaning,
if any, assigned to them in the Alabama Uniform Commercial Code as adopted and
in effect from time to time; provided, however, with respect to
any term used herein that is defined in both (i) Article 9 of the Alabama
Uniform Commercial Code as in effect on the date of this agreement and (ii)
Article 9 of the Alabama Uniform Commercial Code as in effect at any subsequent
time, the meaning to be ascribed to such term with respect to any particular
item of property shall be the more encompassing of the two
definitions.

(e)       Debtor agrees to defend,
indemnify and hold harmless Secured Party, and its officers, employees,
attorneys, agents, and each person who controls any of the foregoing, against
all obligations, demands, claims and liabilities claimed or asserted by any
other party in connection with the transactions contemplated by this agreement,
and all losses or expenses incurred or paid by Secured Party as a result
thereof, except for losses arising from or out of Secured Party’s gross
negligence or willful misconduct.

(f)       Debtor waives notice of
acceptance of this agreement. This agreement is effective when signed by Debtor
and delivered to Secured Party, and binds Debtor and inures to the benefit of
Secured Party and their respective heirs, successors, and assigns. The
provisions of this agreement are severable, and the invalidity or
unenforceability of any provision hereof shall not affect the remaining
provisions of this agreement.

12

 

(g)       The paragraph headings in
this agreement are included for ease of reference only and shall not be deemed
to limit the terms of this agreement.

IN WITNESS WHEREOF, the duly authorized officers or agents of Debtor have
executed this agreement on behalf of Debtor on or as of the date set forth
above.

		
      GUARANTOR: 

       

      DISPLAY TECHNOLOGIES,
      INC

      By:                                                                               
Its:                                                                               

       

      DON BELL INDUSTRIES,
      INC.

      By:                                                                               
Its:                                                                               

       

      J. M. STEWART
      MANUFACTURING, INC.

      By:                                                                               
Its:                                                                               

       

      J. M. STEWART
      CORPORATION

       

      By:                                                                               
Its:                                                                               

       

      J. M. STEWART
      INDUSTRIES, INC.

       

      By:                                                                               
Its:                                                                               

       

 

13

 

 

		
      VISION TRUST
      MARKETING, INC.

      By:                                                                               
Its:                                                                               

       

      LOCKWOOD SIGN GROUP,
      INC.

      By:                                                                               
Its:                                                                               

       

 

14

 

 

STATE OF
________________         
)
                                                           
:
COUNTY OF
_____________         
)

 I, the
undersigned, a Notary Public in and for said County in said State, hereby
certify that ___________________________________, whose name as
__________________ of Display Technologies, Inc., a Nevada corporation, is
signed to the foregoing instrument, and who is known to me, acknowledged before
me on this day that, being informed of the contents of the instrument, he as
such officer, and with full authority, executed the same voluntarily for and as
the act of said corporation.

Given under my hand and seal of office this day of ,
2001.

    		
      ________________________________________
Notary
      Public

	[NOTARIAL
    SEAL]	
      My commission
      expires:   _____________________

 

STATE OF
________________         
)
                                                         
   :
COUNTY OF
_____________          
)

I, the undersigned, a Notary Public in and for said County in said State,
hereby certify that ___________________________________, whose name as
__________________ of Don Bell Industries, Inc., a Florida corporation, is
signed to the foregoing instrument, and who is known to me, acknowledged before
me on this day that, being informed of the contents of the instrument, he as
such officer, and with full authority, executed the same voluntarily for and as
the act of said corporation.

Given under my hand and seal of office this day of ,
2001.

 

    		
      ________________________________________
Notary
      Public

    	[NOTARIAL
    SEAL]	
      My commission
      expires:   _____________________

15

 

 

 

STATE OF
________________       
)
                                                   
      :
COUNTY OF
_____________        
)

I, the undersigned, a Notary Public in and for said County in said State,
hereby certify that ___________________________________, whose name as
__________________ of J. M. Stewart Manufacturing, Inc., a Florida corporation,
is signed to the foregoing instrument, and who is known to me, acknowledged
before me on this day that, being informed of the contents of the instrument, he
as such officer, and with full authority, executed the same voluntarily for and
as the act of said corporation.

Given under my hand and seal of office this day of , 2001.

    		
      ________________________________________
Notary
      Public

    	[NOTARIAL
    SEAL]	
      My commission
      expires:   _____________________

 

STATE OF ________________
)
                                                   :
COUNTY OF _____________ ) 

I, the undersigned, a Notary Public in and for said County in said State,
hereby certify that ___________________________________, whose name as
__________________ of J. M. Stewart Corporation, a Florida corporation, is
signed to the foregoing instrument, and who is known to me, acknowledged before
me on this day that, being informed of the contents of the instrument, he as
such officer, and with full authority, executed the same voluntarily for and as
the act of said corporation.

Given under my hand and seal of office this day of ,
2001.

 

    		
      ________________________________________
Notary
      Public

	[NOTARIAL
    SEAL]	
      My commission
      expires:   _____________________

16

 

 

 

STATE OF
________________         
)
                                                       
    :
COUNTY OF
_____________          
) 

I, the undersigned, a Notary Public in and for said County in said State,
hereby certify that ___________________________________, whose name as
__________________ of J. M. Stewart Industries, Inc., a Florida corporation, is
signed to the foregoing instrument, and who is known to me, acknowledged before
me on this day that, being informed of the contents of the instrument, he as
such officer, and with full authority, executed the same voluntarily for and as
the act of said corporation.

Given under my hand and seal of office this day of , 2001.

 

    		
      ________________________________________
Notary
      Public

	[NOTARIAL
    SEAL]	
      My commission
      expires:   _____________________

 

STATE OF ________________
)
                                                
   :
COUNTY OF _____________  ) 

I, the undersigned, a Notary Public in and for said County in said State,
hereby certify that ___________________________________, whose name as
__________________ of Vision Trust Marketing, Inc., a Florida corporation, is
signed to the foregoing instrument, and who is known to me, acknowledged before
me on this day that, being informed of the contents of the instrument, he as
such officer, and with full authority, executed the same voluntarily for and as
the act of said corporation.

Given under my hand and seal of office this day of ,
2001.

 

    		
      ________________________________________
Notary
      Public

	[NOTARIAL
    SEAL]	
      My commission
      expires:   _____________________

17

 

 

 

STATE OF
________________       
)
                                                         
:
COUNTY OF
_____________        ) 

I, the undersigned, a Notary Public in and for said County in said State,
hereby certify that ___________________________________, whose name as
__________________ of Lockwood Sign Group, Inc., a Florida corporation, is
signed to the foregoing instrument, and who is known to me, acknowledged before
me on this day that, being informed of the contents of the instrument, he as
such officer, and with full authority, executed the same voluntarily for and as
the act of said corporation.

Given under my hand and seal of office this day of , 2001.

 

    		
      ________________________________________
Notary
      Public

	[NOTARIAL
    SEAL]	
      My commission
      expires:   _____________________

18

 

EXHIBIT
A

List of
Debtors

 

 

 

	
      Display Technologies,
      Inc.
Address                                                          
Facsimile
      No.:                                                 
E-mail
      Address:                                              
Type
      of
      Organization:                                     
State
      of Organization: Nevada
Organization Number
(if none, so
      state):                                          
	J.M. Stewart Corporation
Address                                                          
Facsimile
      No.:                                                 
E-mail
      Address:                                              
Type
      of
      Organization:                                     
State
      of Organization: Florida
Organization Number
(if none, so
      state):                                          
	Don Bell Industries,
      Inc.
Address                                                          
Facsimile
      No.:                                                 
E-mail
      Address:                                              
Type
      of
      Organization:                                     
State
      of Organization: Florida
Organization Number
(if none, so
      state):                                          	J.M. Stewart Industries, Inc.
Address                                                          
Facsimile
      No.:                                                 
E-mail
      Address:                                              
Type
      of
      Organization:                                     
State
      of Organization: Florida
Organization Number
(if none, so
      state):                                          
	J. M. Stewart
      Manufacturing,
      Inc.
Address                                                          
Facsimile
      No.:                                                 
E-mail
      Address:                                              
Type
      of
      Organization:                                     
State
      of Organization: Florida
Organization Number
(if none, so
      state):                                          	Vision Trust Marketing, Inc.
Address                                                          
Facsimile
      No.:                                                 
E-mail
      Address:                                              
Type
      of
      Organization:                                     
State
      of Organization: Florida
Organization Number
(if none, so
      state):                                          
		Lockwood Sign Group,
      Inc.
Address                                                          
Facsimile
      No.:                                                 
E-mail
      Address:                                              
Type
      of
      Organization:                                     
State
      of Organization: Florida
Organization Number
(if none, so
      state):                                          

19

 

 

SCHEDULE
1

COMMERCIAL TORT
CLAIMS

 Describe specific Commercial Tort Claims in which a security interest is
granted to Secured Party.

 

 

 

20

 

SCHEDULE
5(b)

 CURRENT TRADE NAMES OR NAME STYLES

 List any trade names or name styles under which
Debtor does business.

 

 

 

PREVIOUS LEGAL NAMES,
TRADE NAMES OR NAME STYLES 

 

List any legal name, trade
name, or name styles under which Debtor has done business in the last 5
years.

 

21

 

SCHEDULE
5(d)

OTHER LIENS AND SECURITY
INTERESTS

 

 

List name of creditor and
describe collateral subject to any lien or security interest:

 

 

 

UCC FINANCING STATEMENTS
FILED AGAINST ANY COLLATERAL

List any financing
statements filed with respect to all or any part of the
Collateral:

 

 

	
      Filing
      Office
	
      Date
      Filed
	
      File
      Number
	
      Collateral

 

 

22

 

SCHEDULE
5(e)

 LOCATION(S) OF COLLATERAL

List all places of business
or addresses where Collateral (including Inventory, Equipment, Fixtures, and
other tangible property) is kept or stored. (Failure to list any address where
Collateral is located shall not limit Secured Party’s security interest, which
covers all Collateral, wherever located.)

 

  
	
      Address
	
      City
	
      County
	
      State

 

 

 

 

 

 

*   If any
Collateral is Fixtures, give the legal description and record owner of the real
property to which the Fixtures are or will be attached. If any Collateral is
located on real property that is not owned by Debtor,

 

23

 

give the name and
address of the record owner of the real property (a landlord lien waiver will be
required). Use additional sheets if necessary.

 

 

 

 

 

 

24

 

SCHEDULE
5(f)

DEBTOR’S CHIEF
EXECUTIVE OFFICE AND ADDRESS(ES)
WHERE RECORDS ARE KEPT

 Debtor’s chief executive office is located at the following
address:

 

 

 

 

Other location(s) of
Debtor’s chief executive office within the previous five (5)
years:

 

 

 

 

Debtor’s Records concerning
its Accounts, Payment Intangibles, and other intangible Collateral are kept at
the following address(es) (if different from the location of the Debtor’s chief
executive office):

25

 

SCHEDULE
5(i)

 SUBSIDIARIES AND AFFILIATES

 

List all of Debtor’s
subsidiaries and affiliates (parent, sister corporation, companies under common
management or control with Debtor, etc.), and reflect ownership
percentages:

 

 

 

 

 

 

 

26

 

UNIFORM COMMERCIAL CODE -
FINANCING STATEMENT

FORM UCC-1
ALA.

	
      [__]The Debtor is a
      transmitting utility as defined
      in
       ALA CODE
      7-9-105(n).
	
      No. of Additional Sheets
      Presented:
______________
	
      This Financing Statement
      is presented to a Filing Officer for filing pursuant to the Uniform
      Commercial Code.

	
      1.
	Return copy or
      recorded original to:
      ___________________________
Bradley Arant Rose & White
      LLP
2001 Park Place, Suite 1400
Birmingham, Alabama
      35203-2736
	THIS SPACE FOR USE OF
      FILING OFFICER
Date, Time, Number & Filing Office
	2.	Name and Address of
      Debtor
                                 (Last
      Name First if a Person)
      _____________________________
_____________________________
_____________________________

Social
      security/Tax ID#_______________________

	2A.	
      Name and Address of
      Debtor (If
      any)               (Last
      Name First if a Person)

       

      Social Security/Tax ID
      #_____________________________________

	[__]	Additional debtors on
      attached UCC-E
	3.	SECURED
      PARTY                                         (Last
      Name First if a Person)
      _____________________________
_____________________________
_____________________________

Social
      security/Tax ID#_______________________
	4. ASSIGNEE OF SECURED
      PARTY           (Last
      Name First if a Person)
     (If any)
                   
	[__]	Additional secured
      parties on attached UCC-E.
	5.	The
      Financing Statement Covers the Following Types (or items) of
      Property:
      See Schedule I attached hereto
      and incorporated herein by reference. 

                                                                                                                                        5A.
      Enter Code(s) From Back of Form That
      Best
                                                                                                                                         Describes
      The Collateral Covered By This
      Filing:

                                                                                                                                        ___ ___ ___                                          ___ ___ ___
                                                                                                                                        ___ ___ ___                                          ___ ___ ___
                                                                                                                                        ___ ___ ___                                          ___ ___ ___

      (To be filed with
      _______________________________)

      Check X if
      covered  [x[ Products of Collateral are also covered

	6.

[_]

[_]

[_]

[_]
[_]	This
      statement is filed without the debtor’s signature to perfect a security
      interest in collateral (check X, if so)

already subject to a
      security interest in another jurisdiction when it was brought into this
      state.
already subject to a security interest in another jurisdiction
      when debtor’s location changed to this state.
which is proceeds of the
      original collateral described above in which a security interest is
      perfected.
acquired after a change of name, identity or corporate
      structure of debtor.
as to which the filing has lapsed.	
      7.       Complete only when
      filing with the Judge of
      Probate:
          The
      initial indebtedness secured by this financing
      statement
           is
      $_____________________.

                Mortgage
      tax due (154 per $100.00 or fraction
      thereof)
          $__________________________

___________________________________________________________
8.       [__]This
      financing statement covers timber to be cut, crops,
      or
          fixtures and
      is to be cross indexed in the real estate mortgage
      records
         
      (Describe real estate and if debtor does not have an interest of
      record,
          give
      name of record owner in Box 5)

			
      Signatures of Secured
      Party(ies)
(Required only if filed without debtor’s Signature - see Box
      6)

	
      By:                                                                                    __________
                

      
Signature(s) of Debtor(s)	
       
                                                                                             
Signature(s) of Secured Party(ies) or Assignee

	                                                                                    ___      _______
                

      Signature(s) of Debtor(s)	 
                                                                                             

      Signature(s) of Secured Party(ies) or
  Assignee
	                                                  {                     }               __________
                

      Type Name of Individual or Business	 
                                                                                             

      Type name of Individual or
Business

 

 

 

SCHEDULE I
TO UCC-1
FINANCING STATEMENT

 

	
      DEBTOR:
	
      SECURED
      PARTY:

	
       

       

       
	
       

       

       

       

This financing statement
covers the following types (or items) of property:

All of Debtor’s right,
title and interest in and to the following property, assets and rights, and all
Proceeds and products thereof, all of which shall constitute original collateral
hereunder, wherever located, and whether now owned or hereafter acquired or
arising (all of the same being hereinafter referred to as the
“Collateral”):

(a)
     Accounts, including
Health-Care-Insurance Receivables;

(b)
     Inventory, including
all goods, merchandise, raw materials, work in process, finished goods, and
other tangible personal property held for sale or lease or furnished or to be
furnished under contracts of service or used or consumed in Debtor’s
business;

(c)
     Equipment;

(d)      General Intangibles,
including Payment Intangibles, Software, patents, patent applications,
trademarks, trademark applications, trade names, copyrights, copyright
applications, engineering drawings, service marks, customer lists, goodwill, and
all licenses, permits, agreements of any kind or nature pursuant to which Debtor
possesses, uses or has the authority to possess or use property of others;

(e)
     Records indicating,
summarizing or evidencing its assets or liabilities, or relating to its business
operations or financial condition;

(f)
     Accessions and
Commingled Goods;

            (g)
                 Investment
            Property and Commodity Accounts;

(h)
     Letters of Credit,
Letter-of-Credit Rights, Instruments, Promissory Notes, Drafts, Documents, and
Chattel Paper (including Electronic Chattel Paper and Tangible Chattel Paper);

 

 

(i)
      Money or other assets
of Debtor that now or hereafter come into the possession, custody, or control of
Secured Party or any agent or bailee thereof;

                (j)
                      Deposit
                Accounts;

                (k)
                     As-Extracted Collateral;

                (l)
                      Manufactured Homes;

                (m)
                     Commercial Tort Claims described on Schedule I-A attached
                hereto;

                (n)
                     Farm
                Products and timber;

                (o)
                     Fixtures;

(p)
     Supporting Obligations
with respect to any of the Collateral; and

(q)
     to the extent not
listed above as original collateral, Proceeds and products, whether tangible or
intangible, of any of the above-described property, including Proceeds of
insurance covering any or all of the above-described property, and any other
tangible or intangible property or rights resulting from the sale, exchange,
collection, or other disposition of any of the foregoing, or any portion thereof
or interest therein, and the Proceeds thereof.

                

 Capitalized terms used in
this financing statement without definitions shall have the respective meanings
given to them under the Uniform Commercial Code as adopted and in effect from
time to time under the applicable jurisdiction. As used in this financing
statement, unless the context clearly requires otherwise:

            	

            

                	

            (a)

                	

            References
            to “Proceeds” do not authorize any sale, transfer, or other
            disposition of Collateral by the Debtor.

                
	

            

                	

            (b)

                	

            The words
            “includes” and “including” are not limiting, but instead have the
            inclusive meaning represented by the phrase “including, without
            limitation.”

                
	

            

                	

            (c)

                	

            The word
            “or” has the inclusive meaning represented by the phrase
            “and/or.”

                
	

            

                	

            (d)

                	

            The word
            “all” includes “any” and the word “any” includes
            “all.”

                
	
            

                	
            (e)

                	
            References
            to the plural include the singular, and references to the singular
            include the plural.

                
	
            

                	
            (f)

                	
            References
            to any gender include each other gender.

                
	
            

                	
            (g)

                	
            References
            to any law include every amendment or supplement to it, rule and
            regulation adopted under it, and successor or replacement for
            it.

                

     

 

 

SCHEDULE
I-A

 

DESCRIPTION OF COMMERCIAL
TORT CLAIMS

 

 

 

 

 

 

     

 

 

            
[NOTE TO BARW USER: THIS
PAGE (WHICH TRACKS THE BACK OF THE STANDARD UCC-1 FORM FOR ALABAMA) IS INCLUDED
AS PART OF THIS MASTER FORM FOR YOUR CONVENIENCE, BUT SHOULD BE REMOVED BEFORE
FILING.]

INSTRUCTIONS --
UCC-1

	

    15
	

    Please type this form
    in black. Do not write in Filing Office space.

	
    

            16
	
    If the space provided
    for any item(s) on this form is inadequate, the item(s) should be continued
    on an additional sheet(s), preferably the UCC-E EXTENSION FORM, but you may
    use any 5" x 8" or 8" x 10" sheet. Three copies of such
    additional sheets should be presented to the filing officer with a set of at
    least three copies of the UCC-1 financing form.

	
    17
	
    Each debtor box should
    contain only one name and address. The UCC-E should be used for any
    additional debtors or debtor addresses.

	
    18
	
    The filing fee for the
    UCC-1 form is $10.00 with one debtor and one debtor address and $1.00 for
    each additional debtor or debtor address. If the UCC-E form is used for
    additional sheets, there is no charge for the sheet itself but there is a
    $1.00 per page charge for any other additional sheets. Please state at top
    of form the number of additional sheets presented.

	
    19
	
    If the debtor is a
    UTILITY as defined in ALA. CODE   7-9-105(n), check box 1.

	
    20
	
    If this is an original
    filing for a security interest that has been assigned, you may type the name
    and address of the assignee in box 4 at no additional charge.

	
    21
	
    The financing statement
    must be signed by the debtor unless one of the reasons in block 6 applies.
    The secured party must sign if you check one of the boxes in block 6.

	
    22
	
    If collateral is timber
    to be cut, crops, or fixtures and is to be cross indexed in the real estate
    mortgage records, check box 8 and describe real estate and if debtor does
    not have an interest of record, give name of record owner in box 5.

	
    23
	
    Please choose the
    collateral code(s) below that best describe(s) the collateral set out in
    block 5 and enter one or more in block 5A.

 

  

	
      
      000 -- ACCOUNTS
          RECEIVABLE

      001 -- ACCOUNTS
          RECEIVABLE

      100 -- CHATTEL
          PAPER

      101 --
          INSTRUMENTS

      102 --
          LEASES

      103 -- SECURITY
          AGREEMENTS

      200 -- CONTRACT
          RIGHTS

      300 --
          EQUIPMENT

      301 --
          FARM

      302 --
          FURNITURE

      303 --
          HEAVY

      400 -- FARM
          PRODUCTS

      401 --
          CROPS

      402 --
          LIVESTOCK

      

 	
      

          500 -- FIXTURED
          [sic]

          600 --
          GOODS

          601 --
          AUTOMOBILES

          602 -- MOBILE
          HOMES 

          700 --
          INTANGIBLES

          800 --
          INVENTORY

          801 --
          APPLIANCES

          802 --
          AUTOMOBILES

          803 --
          FURNITURE

          804 -- MOBILE
          HOMES

          900 --
          SECURITIES

          901 --
          BONDS

          902 -- STOCKS
      

 THESE CODES ARE NOT TO BE
USED AS LEGAL DESCRIPTION. They are only for sorting purposes and you may use
the first code under each section that is applicable or define it further by
using a code under that section that more closely describes the collateral.
Example: If inventory is the collateral you may use “800” or if this inventory
is mobile homes you may choose to use “804”
instead.

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