Release of Interest

TO: [Name of Purchaser] (the "Purchaser")

AND TO: [Name of Debtor] (the "Debtor")

WHEREAS:

(A) Pursuant to a [Type of Agreement (ie. Security Agreement)] dated [Date of Security
Agreement (ie. July 31, 2002)] (the "Security Agreement") between the undersigned (the
"Secured Creditor") and [Name of Debtor] (the "Debtor"), the Debtor granted to the
Secured Creditor security over various assets of the Debtor, including a [Describe
Property or Assets being Sold (ie. a 4 ton Crane manufactured by XYX Co. bearing serial
No.1234567)] (the "Purchased Asset"), as security for certain indebtedness of the Debtor
to the Secured Creditor; and

(B) The Borrower wishes to sell to [Name of Purchaser] (the "Purchaser") the Purchased
Asset, free and clear of any security interests, liens or other encumbrances;

NOW THEREFORE in consideration of the premises, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the Secured Creditor
hereby (i) releases any and all right, title and interest it may have in and to the Purchased Asset,
and (ii) acknowledges that the Purchaser is relying upon this Release of Interest in acquiring an
interest in the Purchased Asset.

This Release of Interest will enure to the benefit of the heirs, executors, administrators,
successors and assigns of the Purchaser.

Dated this _____ day of ____________________, 20_____.

[NAME OF SECURED PARTY]

Per:
Name:
Title: