Business Loan. (a) The Borrower declares, represents, certifies and agrees that the proceeds of the Notes will be used solely for business purposes and that the loan is exempt from interest limitations pursuant to the provisions of 815 ILCS 205/4 and is an exempted transaction under the Truth in Lending Act, 15 U.S.C. Section 1601 et seq.
Appears in 4 contracts
Samples: Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.)