AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing Texas, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12, 2014 in the original principal amount of $7,570,000 by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13, 2014 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16, 2014, as Instrument No. 201494762 in the Official Records of Cxxxxxxx County, Texas, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing TexasFlorida 2, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “"Note”), dated June 12October 9, 2014 2015 in the original principal amount of $7,570,000 5,015,060 by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “"Amended and Restated Note” " by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 4,875,898 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13October 9, 2014 2015 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16December 17, 20142015, as Instrument No. 201494762 2015286953 in the Official Records of Cxxxxxxx Dxxxx County, TexasFlorida, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” " attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing TexasTennessee, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12November 17, 2014 in the original principal amount of $7,570,000 3,952,140.00, by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 3,887,321.13 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13November 17, 2014 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16November 20, 2014, as Instrument No. 201494762 14118485 in the Official Records of Cxxxxxxx Shelby County, TexasTennessee, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing TexasFlorida, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12March 10, 2014 2015, in the original principal amount of $7,570,000 3,526,985.00, by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 3,493,794.00 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13March 10, 2014 2015 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16March 18, 20142015, as Instrument No. 201494762 2015012884 in the Official Records of Cxxxxxxx Clay County, TexasFlorida, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4___, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing TexasFlorida, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12March 10, 2014 2015, in the original principal amount of $7,570,000 3,526,985.00, by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 3,493,794.00 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13March 10, 2014 2015 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June March 16, 20142015, as Instrument No. 201494762 2015059181 in the Official Records of Cxxxxxxx Dxxxx County, TexasFlorida, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing TexasTennessee, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12November 17, 2014 in the original principal amount of $7,570,000 3,952,140.00, by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 3,887,321.13 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13November 17, 2014 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16November 25, 2014, as Instrument No. 201494762 In Book: 3,907, Pages 112-149 in the Official Records of Cxxxxxxx DeSoto County, TexasMississippi, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing Texas, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12, 2014 in the original principal amount of $7,570,000 by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13, 2014 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16, 2014, as Instrument No. 201494762 2014061993 in the Official Records of Cxxxxxxx Fort Bend County, Texas, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 4250 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 AttentionXttention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing Texas, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12, 2014 in the original principal amount of $7,570,000 by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13, 2014 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16, 2014, as Instrument No. 201494762 2014033556 in the Official Records of Cxxxxxxx Galveston County, Texas, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 Attention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing TexasFlorida 2, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12October 9, 2014 2015 in the original principal amount of $7,570,000 5,015,060 by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “"Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 4,875,898 has been modified pursuant to the “"Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13October 9, 2014 2015 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16October 20, 20142015, as Instrument No. 201494762 2015241715 in the Official Records of Cxxxxxxx Dxxxx County, TexasFlorida, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)
AND WHEN RECORDED MAIL TO. Silvergate Bank 4000 4250 Xxxxxxxxx Xxxxxx Xxxxx 000 Xx Xxxxx, Xxxxxxxxxx 00000-0000 AttentionXttention: Commercial RE Group THIS MEMORANDUM OF LOAN MODIFICATION AGREEMENT AND AMENDMENT TO MORTGAGE AND DOCUMENTS OF RECORD is made as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing Texas, LLC, a Delaware limited liability company (“Borrower”), with respect to that certain Loan Modification Agreement, dated as of even date herewith, between Borrower and Lender (the “Loan Modification Agreement”). NOTICE is hereby given that pursuant to the Loan Modification Agreement between Borrower and Lender dated as of the date hereof (“Loan Modification Agreement”), that certain promissory note (the “Note”), dated June 12, 2014 in the original principal amount of $7,570,000 by Borrower, as maker, to the order of Lender], is replaced with that certain Amended and Restated Promissory Note (the “Amended and Restated Note” by Borrower in favor of Lender of even date herewith in the original amount of $7,460,534.00 has been modified pursuant to the “Loan Modification Agreement”. The obligations under the Note were previously secured by, among other things, that certain mortgage, dated as of June 13, 2014 (the “Mortgage”), by Borrower, as trustor, for the benefit of Lender, as beneficiary, recorded on June 16, 2014, as Instrument No. 201494762 20140257682 in the Official Records of Cxxxxxxx Hxxxxx County, Texas, and continue to be secured thereby. The Mortgage encumbers certain real and personal property at the location more particularly described in Exhibit “A” attached hereto and made a part hereof. Reference should be made to the Loan Modification Agreement and the Amendment for the particular terms of the modification provided therein. In the event of any conflict between the terms of this Memorandum and the terms of the Loan Modification Agreement, the terms of the Loan Modification Agreement shall control. In addition to the foregoing, pursuant to the Loan Modification Agreement, Borrower and Lender are to modify the Mortgage and all other recorded Loan Documents as more particularly set forth herein.
Appears in 1 contract
Samples: Loan Modification Agreement (Reven Housing REIT, Inc.)