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EXHIBIT B PERSONAL SECURITY AGREEMENT Ronald lohsnon ("Guarantor") whose address is 593 Dutton Avenue, San Leandro, California 9 UZ as a material inducement to and in consideration of City of San Leandro ("Lender") entering into a written agreement to loan funds (the "Loan") to Ronald Johnson ("Borrower"), unconditionally guarantee and promise to and for the benefit of Lender that Borrower shall perform the provisions of the Loan that Borrower is to perform. Guarantor's obligations are joint and several and are independent of Borrower's obligations. A separate action may be brought or prosecuted against any Guarantor whether the action is brought or prosecuted against any other Guarantor or Borrower, or all, or whether any other Guarantor or Borrower, or all, are joined in the action. Guarantor waives the benefit of any statute of limitations affecting Guarantor's liability under this Guaranty. The provisions of the Loan may be changed by agreement between Lender and Borrower at any time, or by course of conduct, without the consent of or without notice to Guarantor. This Guaranty shall guarantee the performance of the Loan as changed. This Guaranty shall not be affected by Lender's failure or delay to enforce any of its rights. If Borrower defaults under the Loan, Lender can proceed immediately against Guarantor or Borrower, or both, or Lender can enforce against Guarantor or Borrower, or both, any rights that it has under the Loan, or pursuant to applicable laws. If the Loan period terminates and Lender has any rights it can enforce against Guarantor after termination, Lender can enforce those rights against Guarantor without giving previous notice to Borrower or Guarantor, or without making any demand on either of them. Guarantor waives the right to require Lender to (1) proceed against Borrower; (2) proceed against or exhaust any security that Lender holds from Borrower; or (3) pursue any other remedy in Borrower's power. Guarantor waives any defence by reason of disability of Borrower, and waives any other defense based on the termination of Borrower's liability from any cause. Until all Borrower's obligations to Lender have been discharged in full, Guarantor has no right to enforce any remedies that Lender now has, or later may have, against Borrower. Guarantor waives all presentments, demands for performance, notices of nonperformance, protests, notices of protest, notices of dishonor, and notices of acceptance of this Guaranty, and waive all notices of the existence, creation, or incurring of new or additional obligations. If Lender disposes of its interest in the Loan, "Lender", as used in this Guaranty, shall mean Lender's successors. If Lender is required to enforce Guarantor's obligations by legal proceedings, Guarantor shall pay to Lender all costs incurred, including, without limitation, reasonable attorneys' fees.