8. OWNERSHIP OF THE BANK INSTRUMENT I.

Except as specifically set forth in a future written signed agreement, the Bank Instrument is and will at all times remain the property of the LENDER and shall not be considered property by the BORROWER or any other entity. Neither the Bank Instrument nor any item of the Bank Instrument is or shall become encumbered, mortgaged or pledged or put at any risk, financial or other, without the sole authorization of the LENDER. The LENDER may authorize the BORROWERs Bank to encumber or pledge the instrument against an official letter, signing by two bank officers, undertaking the obligation to return the instrument within 15 days prior to its maturity, unencumbered and free of any and all liens. Neither any bank nor any person(s) or entities claiming on behalf of, or through Bank shall have, or claim, any right, title or interest of any kind, of the Bank Instrument.

II.

III.

9. BORROWER RIGHT TO TERMINATE THE AGREEMENT BORROWER may terminate this Agreement at any time. Written notice of cancelation shall be sent to the LENDER. BORROWER to return the BANK INSTRUMENT immediately, along with any associated fees. 10. BORROWERS OBLIGATION TO RE-DELIVERY The BORROWER must return the bank instrument unencumbered to the LENDER within 15 (fifteen) calendar days prior to maturity date of the said instrument. BORROWER will be liable for ANY damages caused thereby and this agreement to be considered null and void. 11. SUBSTITUTION OF COLLATERAL BORROWER, prior to the date of maturity of instrument, may have delivered or delivers Alternative Collateral acceptable to LENDER or cash in the amount of the aggregate market value of the lent Instrument on the same business day. 12. ASSIGNMENT OF THE AGREEMENT This Agreement may not be assigned to any third party without prior written consent from the LENDER. 13. LENDERS WARRANTIES The Lender hereby warrants and undertakes to the BORROWER on a continuing basis to the intent that such warranties shall survive the completion of any transaction contemplated herein that, where acting as a LENDER. I. LENDER grants BORROWER an exclusive license to use the Bank Instrument. The License is transferable to other third parties only after authorization of the LENDER II. LENDER grants BORROWER that the delivery of the documents as per article 4, will be completed within 48 hours after the receipt of the deposit to the Designated Lending Managers Clearing and Settlement account, per article 3. III. LENDER grants BORROWER that the delivery of the bank instrument as per article 6, will be effective with 21 days after receipt of payment per article 5.