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UCC FINANCING STATEMENT <br />A. NAME & PHONE OF CONTACT AT FILER [optional] <br />B. SEND ACKNOWLEDGMENT TO: (Name and Address) <br />' CAPITAL ONE BANK, N.A. <br />Attn: <br />~ <br />THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY <br />1. D EBTOR'S EXACT FULL LEGAL NAME insertonlyongdebtorname(1aorlb)-donotabbreviateorcombinenames <br />1a. ORGANIZATION'S NAME <br />- PARIS ECONOMIC DEVELOPMENT CORPORATION <br />OR <br />1 c. MAILING ADDRESS <br />1125 Bonham Street <br />CITY <br />Paris <br />STATE <br />TX <br />P <br />75460 <br />[;UUNIK' <br />USA <br />1d. SEE INSTRUCTIONS ~ <br />ADD'LINFORE 1 e. TYPE OF ORGANIZATION 1f. JURISDICTION OF ORGANIZATION 1g. ORGANIZATIONAL ID if any <br />ORGANI <br />DEBTORZATION Non-Profit Corp Texas #01278651-01 t <br />2. ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME - insert only ong debtor name (2a or 26) do not abbreviate or combine names <br />2a. ORGANIZATION'S NAME <br />OR <br />Zb. INDIVIDUAL'S LAST NAME <br />FIRST NAME <br />MIDDLE NAME <br />SUFFIX <br />2c. MAILING ADDRESS <br />CITY <br />STATE <br />IPOSTALCODE <br />COUNTR` <br />2d. SEE INSTRUCTIONS <br />ADD'L INFO RE 2e. TYPE OF ORGANIZATION 2f. JURISDICTION OF ORGANIZATION 2g. ORGANIZATIONAL ID if any <br />ORGANIZATION <br />DEBTOR f <br />3.SECUREDPARTY'$NAME(orNAMEofTOTALASSiGNEEofASSIGNORS/P) insertonlyonesecuredpartyname(3aor36) <br />CAPITAL ONE BANK, N.A. <br />C"' <br />rJNDIVIDUAL'S LAST NAME <br />FIRST NAME <br />MIDDLE NAME <br />SUFFIX <br />3c. MAILING ADDRESS <br />CITY <br />STATE I <br />POSTALCODE <br />COUNTRY <br />4. This FINANCING STATEMENT covers the following collateral: <br />All of Debtor's interest in income received by it from sales tax revenues, and other income received by Debtor, EXCEPT <br />that portion of same currently obligated or subsequent bonds issued as contemplated by the Series 1998 Bonds; "income <br />received" being defined as a one-quarter (1/4) of One percent (1.00%) the sales and use tax collected by the City of Paris, <br />payable to Debtor upon receipt of same from the Comptroller of Public Accounts of the State of Texas, and deposited in <br />Debtor's sales tax receipts account in its ofFcial depository bank. <br />NON-UCC FILING <br />Debtor 1 Debtor 2 <br />OPTIONAL FILER REFERENCE DATA <br />FILING OFFICE COPY - UCC FINANCING STATEMENT (FORM UCC1) (REV. 05122/02) International Association of Commercial Administrators (IACA) <br />