Estate of Robert G. Kluener, Deceased, Donald E. Hathaway, Co-executor and Charlotte J. Kluener - Page 11

            Mr. Kluener was required to make a principal payment of $500,000                              
            to Fifth Third, and his remaining debt of $11,700,000 was                                     
            consolidated into one note that required monthly interest                                     
            payments at the prime rate and principal payments of $500,000 on                              
            each of December 31, 1990, and June 30, 1991, with the balance                                
            due on September 30, 1991.  APECO's debt was consolidated into                                
            one $4,785,000 note requiring monthly interest payments at the                                
            prime rate and was due on September 30, 1991.  Mr. Kluener                                    
            guaranteed APECO's note.                                                                      
                  Mr. Kluener pledged the assets in his agency account to                                 
            secure the renegotiated notes, and the pledge agreement provided                              
            that Mr. Kluener could not withdraw more than $100,000 of                                     
            principal per year from the account without the bank's                                        
            permission, except that withdrawals for the purpose of paying the                             
            bank interest or principal on his or APECO's notes were not                                   
            restricted.  Prior to the execution of the pledge agreement,                                  
            there were no restrictions on Mr. Kluener's ability to use the                                
            assets in the agency account.  Additionally, Mr. Kluener pledged                              
            his APECO stock and certain interests connected with his real                                 
            estate investments to secure the notes.  Pursuant to the pledge                               
            agreement, the net distributions that he received with respect to                             
            his APECO stock were also to be applied to pay his obligations to                             
            Fifth Third.                                                                                  
                  Effective June 25, 1990, Mr. Kluener, as sole shareholder of                            
            APECO, reduced the number of directors of APECO to one, and                                   

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