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CITIZENS BANK e TEL:7134288141 e Jan 25'94 10:45 No.013 P.03 '-- .r ASSICDmNT OF LEASEHOlD IMP1UJFMEN.l'S AND ASSIGNMENT OF AIRPORl' LEASE FIU-1 CITY OF LA PORI'EJ and further, notice of such security interests being evidenced as follQis: Financing Statement filed in the office of the Texas Secre'tary of State on July 28, 1986, under Texas Secretary of State File No. 86-224329, showing InterF1rst Bank Pasadena as Secured Party; assign- pent to Bayshore National Bank filed on February 12, 1987, under File No. 624435, Financing Statement No. 87-040708 filed in the office of the Texas Secretary of State on Febru~ 12, 1987; Financing Statement No. 87-0408893 filed in the office of the Texas Secretary of State on February 12, 1987 I Financing Stateuent recorded under Harris Coonty Clerk I s File No. K982891 on February 23, 1987; Financing Stateaent filed February 23, 1987, in the office of the COW1ty Clerk of Harris county, Texas under Clerk I s File No. K982890, being an assignment of Financing Stat:elrent originally filed by Inter- b'1rst Bank Pasadena, Texas under Harris County Clerk I s File No. ' K693163, WHEREAS, BAYPORl' AVIATION, INC. has requested that CITIZENS BANK AND TRUST <n1PANY OF BAY'l'OWN, TEXAS purchase its note hereinabove described fran BAYSHORE NATIONAL BANK OF LA PORrE, and said CITIZENS BANK AND TRUST CG1PANY OF ~, TEXAS is willing to purchase the same provided that all liens and security interests held by BAYSHORE NATIONAL BANK OF IA PORl'E to secure said note are transferred to it, and BAYSHQRE NATIONAL BANK OF 1A P()ln'E is willing to accCltllDdate BAYPORT AVIATION, IOC. by transferring said note and all' liens securing payment of same provided it is paid the balance of said note, together with interest accrued thereon, NCM, THEREFORE, I<NCM ALL MEN BY THESE PMSPNl'S, that W\YSfJORE NATIONAL BANK OF IA PORI'E, the payee and owner and holder of that certain pranissory note of BAYPORT AVIATIOO, ~. hereinabove described, for and in consideration of the sum of $353,494.46 to it in hand paid by CITIZENS BANK AND TRUST WtPANY OF BAY'laiN, TEXAS, the receipt of which is hereby acknOW'ledqed, has sold, transferred and conveyed, and does hereby sell, transfer and convey unto said CITIZENS B1OO( .AND TRUST C(lotPANY OF BAY'lUWN, TEXAS the hereinabove described pranissory note of BAYPORT AVlATION, I~. and the liens securing payment of sane. 'ID HAVE AND TO HOlD the same unto CITIZENS BANI< AND TRUST CXJtU?NN OF BAY'JXMN, TEXAS, its successors and assigns, forever ·