EFTA01328713.pdf

Accepted CW Jun/02/2021 UNITED STATES OF AMERICA - DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION —MIKE MONRONEY AERONAUTICAL CENTER AIRCRAFT REGISTRATION APPLICATION lIMTED STATES El I. Weekidul REC145114A"C" N /RASA 430D Ines 0 2. Pasta AMOY*" RE a& Oneeettn 0 4. CeOsnit MANUFACIURER Beg CO AND MODEL 13 I. Ovanvert NINO ft tee/ AIRCRAFT 0 1. LISSUgly Caws"MC) SERIAL 0 S. Snake CaTenlak 49078 NuaNER 0 .. NontairentreeeneenCoOrw µWC% CF APPUCNIRS) peoce(s)shosei co radon:* al cmesitip. Univial.Os NMremittalrand RCMMIL] it4CIWielvol cArat;41 hte i ota t rb OV4P4S EASTERN STEARMAN, INC.-WISE& 44 ;b4 a ss liatt las- ) itgAti• IhtuAnsAa- Mal Mae% 13 pa kal Tame& MILER (703 )737-6373 SWUM ADDRESS Reidermni mine Nines b aft apron enla) 42061 BALD HILL ROAD NtlINER MO STREET RURAL ROUTE P.O. SOX cpy LEESBURG ern: VA sip 20176 WYSE& ADDRESSUCATION FPO SOX OR RUM ROUTE SOK veep FOR We MG ADORFQ NUMBER NO STREET' OCSCRIPI1ON Or LOC/JEN CITY STATE IP ❑ CHECK HERE IF YOU ARE avi y REPORTING A CHANGE OF ADDRESS afilifiralliai VAIE COMFY: (1) Thy re above Rae • peed by tom*01*W scolean Mam(I tST CHECK/00DX* MOM.Fir Chi.if_CD 0.. Amain of re wan suites as amens win, uSC aoinis) El b. A sift* Air *eaten recturnan Tony 1461) No, pc A nonmezOnCOMOMai orgeneod ma don; burnsta waitINMn of MOM rid sad small • Mood MIIMMO* Mod mI. umm SUM. Resifts a Rte love we nameid nspeccon of I pro.bee comma* OMM• Memo) O d A COMMOm mom • whip MAIM guilty. FMK nom 0nalmo IN IOW C a deem 4Mo:fad t INpea.801* any OW e" MeneMee byre abates 108e e*MM le MT Onanee deeMWOO wile mok ovum wawa,m *mot d no rep mg OM led proves en in 84honrotaill.O.0004 fl) The I. Mall • stewed utter PmIan sr wry MOO may. anl (4) Ilea WM onionco d Mantle ae*Md iii OM MOM fled .alto Non Abaft eftriesethei ANY AND AU. SIONATORES OF THIS APPUCATION MUST READ ME FOU.ONVIO AND UNDERSTAND THAT, BY APPLYING A SIGNATURE TO THIS DOCUMENT. THEY ARE SUBJECT TO ME REFERENCED STATUTES MD ASSOCIATED PENALTES. I hereby tally Mad* elormaNn podded harem rattan/ attaftents b Me appiettlori kg stoat rept:atm 5 true, ate and Ong io ise bate/ my bye** are Idle I uniernad tat ft inftreft Rafted by meRI be sea cm by re FM anretaxr onatier deternmadond Naafi for Mal registabon. I understardIN ehoes. in any meet *EN the Radiation of zery *enrol! a agency eat tinted SINS. Most* and Irak/y(1Am. mom* ce ewers sat (by ft IR. scheme or deft) a rrateral tal or rft mess airy take. rialeahng a enamel neeleni Cr Itipleereekele te erdry. MIN be MeiLO b S250.010 or revealed not me man Me (0) Tan DoT (18 U.S.C. Sedans 1001 ft 3571). I tftentand IsK timid 1Neatenally pewee airy neon* a take ribeinaten, nvstabon of the Salettt Accra may te wooled NOTE II a brat -mash all musts Use next and add s If net SIGNATURE: Q. tatiet,a,_. DATE iatarcIr9720E+- O 3 /2_5 /2. TYPED/PRINTED NAME: Stephen k Berkman TITLE p resident Frew ,ftt SIGNATURE: DATE: TYPED/PRNTED NOTE: FAUN whin the mast want npbttsdts stied alreraft Is Rand a cant 14 CFR 4121(c) Paftles loran LIMIT/ US *craft to be operated for app to 90 days GNI the Untad Nits when a copy of the slgrWrd applIcatIon for as ft etratIon le carded In to *craft while saaldng Suva and receipt or ten,. reipttrated certificate AD Tea woos rail SDNY_GM 02756927 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243849 EFTA01328713  AllO VIIION v7)40 bI kd SZ SYR itet 88 NOii•/iy1Sl934 11V08111 VVd 1 81N031id SDNY_GM_02756928 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243850 EFTA01328714  DOCUMENT LEVEL ANNOTATIONS FEE: 76090010803, $5, 3/25/2021 SDNY_GM_02756929 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243851 EFTA01328715  SDNY_GM_02756930 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243852 EFTA01328716 DomiSIgn Envelope ID: 7MA72C6-A1C1-4E3F-A884-953E072493A9 CW019615 Conveyannu Runordnd Jun/02/2021 10:33 FORM APPROVED UNITED STATES OF AMERICA ow NO. 2120-0002 U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRAT/ON 06/31/2008 AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF S I& OVC THE UNDERSIGNED OWNERS) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DESCRIBED AS FOLLOWS: UNITED STATES REGISTRATION NUMBER N430D AIRCRAFT MANUFACTURER 8 MODEL BELL 430 AIRCRAFT SERIAL No. 49078 DOES THIS ZS DAY OF March 2021 HEREBY SELL, GRANT. TRANSFER AND DELIVER ALL RIGHTS, TITLE. AND INTERESTS Do Not WINIn TM SW IN AND TO SUCH AIRCRAFT UNTO: FOR FM118E ONLY NAME AND ADDRESS OF POIVIDUAL(S). GIVE LAST NAME. FIRST NAME. MID MIDDLE INITIAL) PURCHASER EASTERN STEARMAN, INC. TRUSTEE 42061 Bald Hill Road Leesburg, VA 20176 DEALER CERTIFICATE NUMBER AND TO - EXECUTEIRScADMINISTRATORS. AND ASSIGNS TO HAVE MID TO HOLD ITS SUCCESSORS SINGLIARLY THE SAD MRORAFT FOREVER AND WARRANTS TIE RILE THEREOF: ▪ DESTMONYWITEREOF I HAVE SET MY HAND MerSCAL THIS Z5 DAY OF 6-A.o-rci-, tCYVt NAME(S) OF SELLER SIGNATURE(S) TITLE (TYPED OR PRINTED) (IN VW) (IF EXECUTED FOR (TYPED OR PRIMIED) CO.OINTOSHRT. ALL MUST MON.) Ce - 1 1333712 ONTARIO INC. FORFIGN OWNFRI SEVER La a ai ICSMKORONii Robin MuscatMer Pmeldert to ACIOTOVAJ3:F3MENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER MAY BE REQUIRED BY LOCAL LAW FOR VMElfrY OF TIE INSTRUMENT.) ORJONAL: TO Fa AC Form 8050-2 (W92) (NSN 0052-00429-0000) Supersedes PrevIcus Eileen *including two ROLLS ROYCE 250-C40 engines bearing the manufacturer's serial numbers 844167 & 844169 SDNY_GM_02 756931 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243853 EFTA01328717  VIN0HM0 A113 VIA/0VFIV1M0 bl SZ UN 1111 88 N0I14dISI93ti 1.4O81 bbd H)1 I ,1lhi 0V3111 SDNY_GM_02756932 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243854 EFTA01328718  CW019614 Conveyance Recorded Jun/02/2021 10:33 Doa,$gn Envskos 11172A/380-25.57-10E1-65A5-8807FC5607116 UNITED STATES OF AMERICA US. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMLNISTRATION AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF S I &OK THE UNDERSIGNED OWNER(S) OF THE FILL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DESCRIBED AS FOLLOWS: UNITED SLATES REGISTRATION NUMBER I N430D AIRCRAFT MANUFACTURER & MODEL BELL 430 AIRCRAFT SERIAL NUMBER 49078 DOES THIS 24 DAY OF CLA.o.,-Al-s , 2021 HEREBY SELL. GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND LNITIRESTS IN AND TO SUCH AIRCRAFT UNTO) NAME AND ADDRESS (IF INDIVIDUAL(3), GIVE LAST NAME. /7 EST NAME. AND MIDDLE LNMAL) PURCHASER 1333712 ONTARIO INC. DEALER CERTIFICATE NUMBER AND 70 ITS SUCCESSORS AND ASSIGNS TO HAVE AND TO HOLD SLNGDEARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND ANEISEA4. THIS 25 DAY OF Mo.n.1.1 , ?MI NAME(S) OF SELLER SIGNATURE(S) TITLE (TYPED OR PRINTED) (IN INK) (IF EXECUTED FOR CO- (TYPED OR FAINTED) OWNERSHIP, AI.L MUST SIGN.) QIR AIR RESOURCES, r'"""w MANAGER cd LLC Mari Isnitisu4, 14 / -- teOlniiatekkle Mark bracken iml ga 10 ACKNOWLEDGMENT (NOT REQUIRED FOR PURPOSES OF FAA RECORDING: HOWEVER, MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC FORM 8050-2 (9(92) (NSN 0052-00-629-0003) SUPERSEDES PREVIOUS EDITION 'including two ROLLS ROYCE 250-C40 engines bearing the manufacturer's serial numbers 844167 & 844169 PROVIDED BY AEROtitle SDNY_GM_02756933 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243855 EFTA01328719  VWOHV1N0 VIIOHV1)10 El lid S WIZ as NOLVOISIODI IMI3/31V Vdd HUM (131I1 SDNY_GM_02756934 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243856 EFTA01328720 DowStgn Envelope ID 8201D233-CC10-483E.9722.840EF291ED8F DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION THIS FORM SERVES TWO PURPOSES: PART I acknowledges the recording of a security con. eyInce covering the collateral shown. PART II is a suggested form of release which may be used to release the collateral from the 0 term. of the conveyance. PART I- CONVEYANCE RECORDATION NOTICE a NAME (last name first) OF DEBTOR QIR AIR RESOURCES LLC 2 NAME and ADDRESS OF SECURED PARTY/ASSIGNEE CMG BEI.1A30 49078 LLC 8 NAME OF SECURED PARTY'S ASSIGNOR to N O FAA REGISTRATION AIRCRAFT SERIAL AIRCRAFT MFR. (BUILDER) sad MODEL NUMBER NUMBER N430D 49078 BELL 430 0 ENGINE MFR. sad MODEL ENGINE SERIAL NUMBER(S) ROLLS ROYCE 250-C40B CAE844I67 & CAE844I69 PROPELLER MFR. and MODEL PROPELLER SERIAL NUMBER(S) THE SECURITY CONVEYANCE DATED 05/07/2020 COVERING THE ABOVE COLLATERAL WAS RECORDED BY THE FAA AIRCRAFT REGISTRY ON 07/28/2020 AS CONVEYANCE NUMBER OT024156 FAA CONVEYANCE EXAMINER PART II — RELEASE — (This suggested release form may be executed by the secured party and returned to the FAA Aircraft Ftegbtry what the terms of the couveyance have bete satisfied. See below for additional information) THE. UNDERSIGNED HEREBY CERTIFIES AND ACKNOWLEDGES THAT HE IS THE TRUE AND LAWFUL HOLDER OF THE NOTE OR OTHER EVIDENCE OF INDEBTEDNESS SECURED BY THE CONVEYANCE REFERRED TO HEREIN ON THE ABOVE- DESCRIBED COLLATERAL AND THAT THE SAME COLLATERAL IS HEREBY RELEASED FROM THE TERMS OF THE CONVEYANCE. ANY TITLE RETAINED IN THE COLLATERAL BY THE CONVEYANCE IS HEREBY SOLD, GRANTED, TRANSFERRED, AND ASSIGNED TO THE PARTY WHO EXECUTED THE CONVEYANCE. OR TO THE ASSIGNEE OF SAID PARTY IF THE CONVEYANCE SHALL HAVE BEEN ASSIGNED: PROVIDED, THAT NO EXPRESS WARRANTY IS GIVEN NOR IMPLIED BY REASON OF EXECUTION OR DELIVERY OF TINS RELEASE. DATE OF RELEASE: 0 3 /2-571-0 2._l (MG BELL430 49978 I.I.0 (N • cla argi.DITY HOLDER) SIGNATURE fin kik) i tc 'e-.. Shawn Chcmtov ass TITLE MANAGER A PERSON SIGNING FOR A CORPORATION MUST BE A CORPORATE OFFICER OR HOLD A MANAGERIAL POSITION AND MUST SHOW HIS TITLE. A PERSON SIGNING FOR ANOTHER SHOULD SEE PARTS 47 AND 49 OF THE FEDERAL AVIATION REGULATIONS (14 CM) PROVIDED BY AEROtitle SDNY_GM_02758935 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243857 EFTA01328721  Vii101-11N0 A110 VIAIOHV1NO LI Nd SZ HE1 NOlivziiS1038 131/808IV VVd HUM 03111 SDNY_GM_02756936 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243858 EFTA01328722  DOCUMENT LEVEL ANNOTATIONS SEE RECORDED CONV#OT024156 DOC ID 1937 SDNY_GM_02756937 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243859 EFTA01328723  SONY_GM_02756938 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243860 EFTA01328724 CocoSoon Envelope ID: 8A33028A-442E-4307-81AF-EADCS4EF10 72 0 4111 rt O 111. ASSIGNMENT OF SPECIAL Special Registration Number 0 REGISTRATION NUMBERS N4300 ozoz/oT/dos us.Domain Aircraft Make and Model Present Registration Number etreinarersisaa BELL 430 N3311E tradwat Meade. Saial Number Issue Date: Adadelatmdee 49078 Jul 28,2020 ICAO AJRCRAFT ADDRESS CODE FOR N430D • 51221551 llan is your wholly to dump the Dotted State, registratiem number on the about descrtlxd QTR MR RESOURCES LLC aircraft to the "cad 101 S 200 E STE 101 registration numta shown. SALT LAKE CITY UT 84111.3107 Carry duplicate of the form in the lininitilinlimiloilkain1111•01.8Milkinolln1 Saari together sub the old registrable, califiCate as !Men° authority to operate the aitrall pending receipt of revived can:lute of atrcreft tegnusaten. The Nine FAA Fenn 81506, Applkadoe For Airworthiness on er e le dated: Apr 26.2001 The Airworthiness classiflortIse sod category: STD TRANSP INSTRUCTIONS: SIGN AND RETURN THE ORIGINAL of this torn to the Civil Aviation Registry, Aircraft Registration Branch, within 5 days alter the special registration number is placed on the aircraft. A revised certificate of aircraft registratioo will then be issued. Obtain a revised certificate of arrsorthiness from your warm Flight Standards District Office. The authority to at the special number expires: Jul 28, 2021 CERTIFICATION. I Certify Wen: the special registrstm reenter eu placed RETURN FORM TO: en the aircraft dais/id:4 abo.c. Civil Minion Registry Aircraft Registration Branch 0.4.36n4 by P.O. Box 25504 Sloan of Ovmcr: (1 14404 Isriulson. Oklahoma City, Oklahoma 73125-0504 ininitle:2420 . iylar V, bracisp.A Tale of Orme: intg_Anti oe...‹. - Date Placed on Mask 30 3uly 2020 I 3:04 PM POT M. VOIDS NSF MOOS) SapenalinMtge EMS Return Certificate of Registration to LA.T.S SDNY_GM_02756939 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_0024386 I EFTA01328725  11140HVZIO tit.10iitil;f0 :7;75 i i(L) etiSji51 tvd Hum3E811:4(1V8:111 031;2 SDNY_GM_02756940 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243862 EFTA01328726  Accepted AB Sop/10/2020 A Insured Aircraft Title Service, Inc. S FEDERAL AVIATION ADMINISTRATION CENTRAL RECORDS DIVISION OKLAHOMA CITY, OKLAHOMA Date: Akag 7, goad Dear Sir/Madam: Please Reserve N in NAME ONLY for: N# CHANGE REQUEST Please Assign N 430D to the following aircraft N 331JE Make Bel: Model 430 Serial # 49078 Which is (1) being purchased by X (2) registered to OIR Air Resources, LW 101 South 200 East, Suite 101 Salt Lake City, UT 84111 Payment of the required $10.00 fee per number to reserve/assign is attached. If the preferred N number is not available, please contact the undersigned for a selection of a new number. Please send the confirmation of reservatiorV8050-64 form to Insured Aircraft Title Service, Inc. in the Public Documents room of the FM. Additional Information: Requested by: Kelli Schmidt Fee: $10.00 Escrow Agent 201281148064 $10.02 G5107/2020 SDNY_GM_02756941 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243863 EFTA01328727  VINO HV1Y 0 A110 VIN0HV1)10 la :II KY L- IN (11.0/ illi N0I1V211S193i1 1O113illY VV1 HUM 03111 SDNY_GM_02756942 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243864 EFTA01328728  ItECORDED CONVEYANCE FILED IN: U.S. DEPARTMENT OF TRANSPORTATION NNUM: 3311E FEDERAL. AVIATION ADMINISTRATION SERIAL NUM: 49078 MFR: BELL CROSS-REFERENCE-RECORDATION MODEL: 430 AIR CARRIER: This form is to be used in cases where a conveyance covers several aircraft and engines, propellers, or locations, Ede original of this fonn with the recorded conveyance and a copy in each aircraft folder involved. TYPE OF CONVEYANCE DATE Exrcutia) AIRCRAFT SECURITY AGREEMENT MAY 7, 2020 FROM DOCUMENT NO. QIR AIR RESOURCES LLC 0T024156 TOOR ASSIGNED TO DATE RECORDED CMG BELL430 49078 LLC JUL 28, 2020 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: Total Aircraft: I Total Engines: 2 Total Pratt: Total Spare Pans: N33IJE ROLLS 250-C40B CAE844167 ROLLS 250-C40I3 CAE844169 REG AR.2.3R (0809) SDNY_GM_02758943 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243865 EFTA01328729  SDNY_GM_02756944 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243866 EFTA01328730  OT024156 Conveyance Recorded Jul/20/2020 03:09 PM FAA Certified Copy to be Recorded by FAA Aircraft Security Agreement between QIR AIR RESOURCES LLC as the Grantor and CMG BELL430 49078 LLC as the Secured Party Dated as of May?, 2020 (N331JE) 201281148064 G5107/2020 ACTIVE 50063530,1 SDNY_GM_02756945 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243867 EFTA01328731  ViNI0HV1)10 A113 ViN0HV1)10 EZ 4101 L- LYW osi v9 N0I1VS/S19 311 1O11011V VV1 HUM 03111 SDNY_GM_02756946 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243868 EFTA01328732  TABLE OF CONTENTS ARTICLE 1. GRANT OF SECURITY INTEREST Section 1.1 Grant of Security Interest Section 1.2 Grant Effective Section 1.3 Filing of Financing Statements and Continuation Statements Section 1.4 Delivery & Acceptance Section 1.5 Additional Documents, Information ARTICLE 2. COVENANTS Section 2.1 Registration and Operation Section 2.2 Records and Reports Section 2.3 Maintenance of Aircraft Section 2.4 Replacement of Pans Section 2.5 Alterations. Modifications and Additions Section 2.6 Maintenance of Other Engines Section 2.7 Payment of Obligations Section 2.8 Change of Name or Location swoon2.9 Inspection Section 2.10 Aircraft Registration Section 2.11 Tracking by FlightAware Section 2.12 Late Payments Section 2.13 Transaction Expenses ARTICLE 3. EVENTS OF LOSS Section 3.1 Event of Loss with Respect to the Aircraft Section 32 Event of Loss with Respect to an Engine Section 3.3 Application of Payments from Governmental Authorities or other Persons Section 3.4 Rights Assigned ARTICLE 4. INSURANCE Section 4.1 Insurance Section 4.2 Requirements Section 4.3 No Right to Seff.Insure Section 4A Notice of Loss or Damage; Application of Proceeds Section 4.5 Reports. Policies. Certificates Section 4.6 Attorney-in-Fact ARTICLE S. EVENTS OF DEFAULT AND REMEDIES Section 5.1 Events of Default; Remedies Section 5.2 Remedies Section 5.3 Remedies Cumulative Section 5.4 Grantors Waiver of Rights Section 5.5 Power of Attorney Section 5.6 Distribution of Amounts Received After an Event of Default Section 5.7 Suits for Enforcement ARTICLE 6. REPRESENTATIONS AND WARRANTIES Section 6.1 Representations, Warranties and Covenants of Grantor ARTICLE 7. SECURITY INTEREST ABSOLUTE Section 7.1 Security Interest Absolute ARTICLE 8. MISCELLANEOUS Section 8.1 Governing Law Section 8.2 Notices Section 8.3 Time of the Essence Section 8.4 Limitation as to Enforcement of Rights. Remedies and Claims Section 8.5 Severability of Invalid Provisions Section 8.6 Assignment Section 8.7 Benefit of Parties; Successors and Assigns: Entire Agreement Section 8.8 Further Assurances Section 8.9 Performance by Secured Party Section 8.10 Indemnity Section 8.11 Amendments Section 8.12 Waiver of Jury Trial Section 8.13 Counterpart Execution, Joint and Several Liability Section 8.14 Substitution ARTICLE 9. DEFINITIONS ACTIVE 50005304 SDNY_Gld_0275694 7 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243869 EFTA01328733  SDNY_GM_02756948 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243870 EFTA01328734  Section 9.1 Definitions Exhibit A Form of IDERA 2 ACTIVE 5006353. SDNY_GM_02756949 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243A71 EFTA01328735  SONY GM 02756950 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243872 EFTA01328736  Aircraft Security Agreement THIS AIRCRAFT SECURITY AGREEMENT ("Agreement") is made and entered into as of May 2, 2020 by and between CMG BELL430 49078 LLC, a Florida limited liability company with an address of 4141 NE 2 Ave 4204-A, Miami, FL 33137 ("Secured Party) and CUR AIR RESOURCES LLC with an address of 101 South 200 East. Suite 101, Salt Lake City, UT 84111 (*Grantor,. Capitalized terms not otherwise defined herein have the meanings given in Article 9 hereof. RECITALS A. Pursuant to a Note by the Grantor, in favor of Secured Party, the Secured Party has agreed to make a term loan to the Grantor (the 'Loan'). B. As a condition precedent to the making of the Loan under the Note, the Grantor is required to execute and deliver this Agreement C. Grantor is duly authorized to execute, deliver and perform this Agreement. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in order to induce the Secured Party to make the Loan pursuant to the Note, the Grantor agrees, for the benefit of the Secured Party, as follows: ARTICLE 1 - GRANT OF SECURITY INTEREST Section 1.1 Grant of Security Interest. The Grantor, in consideration of the premises and other good and valuable consideration, receipt whereof is hereby acknowledged, and in order to secure the payment of the principal of and interest on the Loan according to its tenor and effect, and to secure the payment of all other indebtedness under the Loan Documents and the performance and observance of all covenants, agreements and conditions contained in the Loan Documents (collectively referred to as the 'Obligations"), does hereby convey. warrant, mortgage, assign, pledge. and grant a security interest to the Secured Party, its successors and assigns, in all and singular of the Grantor's right, title and interest in and to the properties, rights, interests and privileges described below and all proceeds thereof (all of which properties, rights, interests and privileges hereby mortgaged, assigned, pledged and granted or intended so to be, together with all proceeds thereof, are hereinafter collectively referred to as the "Collateral') and agrees that the foregoing grant creates in favor of the Secured Party an International Interest in the Aircraft (including the Airframe and each Engine): a) all of the Grantor's rights, title and interests in the Equipment (including the Airframe, the Engines, and the Parts) and substitutions and replacements of any of the foregoing; b) any and all service and warranty rights related to the Equipment, including the Engines, and claims under any thereof; c) all proceeds of any or all of the foregoing, whenever acquired. including the proceeds of any insurance maintained with respect to any of the foregoing and all proceeds payable or received with respect to any condemnation, expropriation, requisition or other Event of Loss, or the proceeds of any warranty; d) the Purchase Agreement, if any, and any bill of sale pursuant to which Grantor received title to the Aircraft, together with all rights, powers, privileges, options and other benefits of the Grantor under the Purchase Agreement and such bill of sale; e) any and all present and future Rate Management Obligations. leases, subleases, management agreements, interchange agreements, charter agreements, purchase agreements and any other present and future agreements of any kind whatsoever relating to the Equipment or any part thereof, including any International Interest (and associated rights) therein or related thereto in favor of Grantor (but not any obligations, liabilities and/or duties of any kind whatsoever of Grantor or any other party, person or entity of any kind whatsoever in connection therewith or related thereto); provided, however, that the foregoing assignment and grant of a security interest and lien in this subclause (e) shall not be deemed in any way whatsoever as an agreement by the Secured Party to permit or allow the Grantor (or any party, person or entity of any kind whatsoever) to enter into any such leases, subleases, management agreements, interchange agreements, charter agreements, purchase agreements and any other present and future agreements of any kind whatsoever, and the Grantor (or any party, person or entity of any kind whatsoever) shall only be allowed to enter into any of the foregoing in accordance with the terms of this Agreement. Grantor consents to the registration of the forgoing assignment of any International Interest (and associated rights) with the International Registry; 3 ACTIVE 50063530v1 SDNY_Glvl_02 756951 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243873 EFTA01328737  SDNY_GM_02756952 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243874 EFTA01328738  any and all present and future records, logs and other materials required by the FAA (and any other governmental authority having jurisdiction) to be maintained in respect of each item of Equipment including, without limitation, the tapes, disks, diskettes and other data and software storage media and devices, file cabinets or containers in or on which the foregoing are stored, including any rights of Grantor with respect to the foregoing maintained with or by any other person; and g) all of Grantor's right, title and interest in and to (whether the following described property or interests in property constitute accounts, chattel paper, documents, general intangibles, instruments or other property and whether now owned, existing, hereaft