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michaelstl

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michaelstl

Re: Smg1991 post# 30623

Saturday, 05/31/2014 11:26:42 AM

Saturday, May 31, 2014 11:26:42 AM

Post# of 54103
Absolutely correct. Collateral would be delivered to the Lender, free of debt. In the loan agreement there would be requirements and or approvals relating to any funds received or disbursed against this collateral. IMO
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