This document is a Loan and Aircraft Security Agreement dated August 31, 2011, involving Rance Acquisitions, LLC, Wells Fargo Bank Northwest, National Association, Avioneta Holdings LLC, and Banc of America Leasing & Capital, LLC. The agreement outlines the terms for a loan to finance the purchase and refurbishment of an aircraft, as well as the conditions for a like-kind exchange under Section 1031 of the Internal Revenue Code. It includes details on the security interest, conditions of borrowing, representations and warranties, covenants, events of default, and remedies. The agreement also specifies the roles of the parties involved, including the exchange accommodation titleholder, owner trustee, and lender.
documents/EFTA01070351.pdf
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