AMENDMENT NO. 3 TO
LOAN AND SECURITY AGREEMENT
AMENDMENT NO. 3 TO LOAN AND SECURITY AGREEMENT (this "Third Amendment"), dated this
29th day of September, 1995 by and between UNITED STATES LIME & MINERALS, INC. (formerly
known as Scottish Heritable, Inc.), a Texas corporation ("USL"), CORSON LIME COMPANY, a
Pennsylvania corporation ("CLC"), TEXAS LIME COMPANY, a Texas corporation ("TLC"), ARKANSAS
LIME COMPANY, an Arkansas corporation ("ALC", and together with USL, CLC, and TLC, collectively
referred to as the "Borrowers") and CORESTATES BANK, N.A., a national banking association ("Bank").
A. Borrowers and Bank entered into a Loan and Security Agreement dated October 20, 1993, since amended
by Amendment No. 1 to Loan and Security Agreement dated as of December 23, 1994 and Amendment No. 2
to Loan and Security Agreement dated April 28, 1995 (collectively, the "Loan Agreement"), pursuant to which
Bank made available to Borrowers certain credit facilities specifically described in the Loan Agreement. All
initially-capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Loan
Agreement unless the context clearly requires to the contrary.
B. Borrowers have requested that Bank further amend the terms of the Loan Agreement to (i) extend the
Termination Date until November 1, 1997, and (ii) reduce the rates of interest applicable to Revolving Credit and
the Term Loan as provided herein. Bank has agreed to such changes subject to the terms and conditions hereof.
NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants set forth herein, the parties
hereto, intending to be legally bound hereby, agree as follows:
1. Ratification of Loan Documents. This Third Amendment is a supplement to and a modification of the Loan
Agreement pursuant to Section 9.2 thereof. To the extent not modified hereby, each and every term, condition,
covenant, representation, warranty, and each and all of the other provisions set forth i