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Text File  |  1993-08-01  |  666b  |  29 lines

  1.  
  2.                       PLEDGE OF STOCK 
  3.  
  4. __________________, referred to as OWNER, and _______________, 
  5. referred to as CREDITOR, agree: 
  6.  
  7. OWNER is indebted to CREDITOR in the sum of $________(_________
  8. _________&___/100 dollars) for a note; 
  9.  
  10. to secure repayment of the debt, OWNER pledges to CREDITOR ______
  11. shares of _________ stock of ______________________. 
  12.  
  13. OWNER agrees to execute all necessary documents to perfect the 
  14. pledge. 
  15.  
  16.  
  17. Dated: _________________________________________ 
  18.  
  19.  
  20.  
  21.  
  22. ______________________________________________________________ 
  23.  
  24.  
  25.  
  26.  
  27. ______________________________________________________________
  28.                            
  29.