NINTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF REDWOOD MORTGAGE INVESTORS IX, LLC a Delaware Limited Liability CompanyLimited Liability Company Operating Agreement • May 9th, 2019 • Redwood Mortgage Investors IX • Real estate • Delaware
THIS NINTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT (this “Agreement”) of REDWOOD MORTGAGE INVESTORS IX, LLC (the “Company”) is made and entered into as of the xxth day of March, XXXX, by REDWOOD MORTGAGE CORP., a California corporation, and the Persons listed on Schedule A attached hereto, as may be amended, modified or supplemented from time to time (the “Members”). This Agreement amends and restates in its entirety the prior limited liability company operating agreement of the Company.
PROMISSORY NOTEPromissory Note • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate • California
NOTE SECURED BY DEED OF TRUSTNote Secured by Deed of Trust • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate
LOAN SERVICING AGREEMENT AND AUTHORIZATION TO COLLECTLoan Servicing Agreement • April 20th, 2016 • Redwood Mortgage Investors IX • Real estate
This Agreement is entered into as of the date set forth below by and between Redwood Mortgage Corp., a California corporation (“Broker”) and the undersigned beneficiary (“Beneficiary”) for the purpose of establishing the terms, conditions and authority for the servicing of a loan evidenced by a promissory note (the “Note”) and deed of trust (the “Deed of Trust”), described as follows:
SUBSCRIPTION AGREEMENT AND POWER OF ATTORNEY REDWOOD MORTGAGE INVESTORS IX, LLC A DELAWARE LIMITED LIABILITY COMPANYSubscription Agreement • February 1st, 2010 • Redwood Mortgage Investors IX • Real estate
The undersigned hereby applies to purchase units in REDWOOD MORTGAGE INVESTORS IX, LLC (the “company”) in accordance with the terms and conditions of the limited liability company operating agreement attached as Exhibit A to the prospectus dated June 8, 2009.
] Units of Limited Liability Company Interests ($1 per Unit) REDWOOD MORTGAGE INVESTORS IX, LLC PARTICIPATING BROKER DEALER AGREEMENTParticipating Broker Dealer Agreement • April 20th, 2016 • Redwood Mortgage Investors IX • Real estate • Delaware
Redwood Mortgage Corp., a California corporation, a California corporation, is the Manager of Redwood Mortgage Investors IX, LLC, a Delaware limited liability company (the “Company”) engaged in business as a mortgage lender. The Company will advance funds to Redwood Mortgage Corp., a California corporation, as part of a loan (the “Formation Loan”) out of which Redwood Mortgage Corp. will pay sales commissions under this Agreement. The Manager, on behalf of the Company, proposes to offer and sell to qualified investors, upon the terms and subject to the conditions set forth in the Prospectus dated (the “Prospectus”), units of limited liability company interests (“Units”) of the Company at an offering price of $1 per Unit, with a minimum investment of [ ] ([ ]) Units per purchaser for initial investments and [ ] ([ ]) Units for additional investments by existing members. The offering is for a maximum of [ ] Units ($[ ]), including [ ] Units ($[ ]) issuable pursuant to the Company’s Distr
AGREEMENT TO SEEK A LENDER (Agency Agreement)Agency Agreement • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate
187,500,000 Units of Limited Liability Company Interests ($1 per Unit) REDWOOD MORTGAGE INVESTORS IX, LLC ADVISORY AGREEMENTAdvisory Agreement • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate • Delaware
Redwood Mortgage Corp., a California corporation, and Gymno LLC, a California limited liability company and wholly-owned subsidiary of Redwood Mortgage Corp., are the Managers (the "Managers") of Redwood Mortgage Investors IX, LLC, a Delaware limited liability company (the “Company”) engaged in business as a mortgage lender. The Company proposes to offer and sell to qualified investors, upon the terms and subject to the conditions set forth in the Prospectus dated __________, 2012 (the “Prospectus”), units of limited liability company interests (“Units”) of the Company at a purchase price of $1 per Unit, with a minimum investment of five thousand (5,000) Units per purchaser for initial investments and one thousand (1,000) Units per purchaser for additional investments by existing members. The offering is for a maximum of 187,500,000 Units ($187,500,000), including 37,500,000 Units ($37,500,000) issuable pursuant to the Company’s Distribution Reinvestment Plan.
LOAN SERVICING AGREEMENT AND AUTHORIZATION TO COLLECTLoan Servicing Agreement • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate
BUSINESS LOAN AGREEMENT (REVOLVING LINE OF CREDIT AND TERM LOAN AGREEMENT)Business Loan Agreement • November 16th, 2020 • Redwood Mortgage Investors IX • Real estate • California
This Business Loan Agreement (Revolving Line of Credit and Term Loan Agreement) (this “Agreement”) is made as of March 13, 2020, by and between REDWOOD MORTGAGE INVESTORS IX, LLC, a Delaware limited liability company (“Borrower”), and WESTERN ALLIANCE BANK, an Arizona corporation (“Lender”):
ASSET SALE AGREEMENTAsset Sale Agreement • August 14th, 2018 • Redwood Mortgage Investors IX • Real estate
THIS ASSET SALE AGREEMENT ("Agreement"), entered into this 27th day of June, 2018, by and between the undersigned Seller and Buyer sets forth the terms and conditions whereby the Seller agrees to sell and the Buyer agrees to purchase the Loan(s) identified herein. For purposes of clarification, Redwood Mortgage Corp. (RMC) is a licensed real estate broker in the State of California. RMC brokers real estate secured loans between borrowers and its investors, Redwood Mortgage Investors VIII, a limited partnership, (“RMI 8”) and Redwood Mortgage Investors IX, LLC, a limited liability company (“RMI 9”). RMC’s president is Michael Burwell. RMC is one of the general partners of RMI 8. RMC is one of the managers of RMI 9. Notwithstanding the foregoing, the negotiation of this Asset Sale Agreement is being handled by RMI 8 and RMI 9 as independent entities, through either its general partner or its manager.
DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILINGDeed of Trust • April 20th, 2016 • Redwood Mortgage Investors IX • Real estate • California
THIS DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (this “Deed of Trust”) is made as of , by , the owner(s) of the property described below, whose address is , (herein “Trustor”), to PLM LENDER SERVICES, INC., a California corporation, whose address is 46 N. Second Street, Campbell, California 95008, (herein “Trustee”), in favor of REDWOOD MORTGAGE INVESTORS IX, LLC, a Delaware limited liability company, whose address is c/o Redwood Mortgage Corp., 1825 South Grant Street, Suite 250, San Mateo, CA 94402 (herein “Beneficiary”).
DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILINGDeed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing • March 17th, 2009 • Redwood Mortgage Investors IX • Real estate • California
THIS DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (this "Deed of Trust") is made as of ______________, by ___________________________________, the owner(s) of the property described below, whose address is __________________________________________________________, (herein "Trustor"), to PLM LENDER SERVICES, INC., a California corporation, whose address is 46 N. Second Street, Campbell, California 95008, (herein "Trustee"), in favor of REDWOOD MORTGAGE INVESTORS IX, LLC a Delaware limited liability company, whose address is 900 Veterans Blvd., Suite #500, Redwood City, California 94063-1743 (herein "Beneficiary").
] Units of Limited Liability Company Interests ($1 per Unit) REDWOOD MORTGAGE INVESTORS IX, LLC ADVISORY AGREEMENTAdvisory Agreement • April 20th, 2016 • Redwood Mortgage Investors IX • Real estate • Delaware
Redwood Mortgage Corp., a California corporation, is the Manager of Redwood Mortgage Investor IX, LLC, a Delaware limited liability company (the “Company”) engaged in business as a mortgage lender. The Manager, on behalf of the Company, proposes to offer and sell to qualified investors, upon the terms and subject to the conditions set forth in the Prospectus dated (the “Prospectus”), units of limited liability company interests (“Units”) of the Company at an offering price of $1 per Unit, with a minimum investment of [ ] ([ ]) Units per purchaser for initial investments and [ ] ([ ]) Units for additional investments by existing members. The offering is for a maximum of [ ] Units ($[ ]), including [ ] Units ($[ ]) issuable pursuant to the Company’s Distribution Reinvestment Plan.
CONSTRUCTION DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILINGConstruction Deed of Trust • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate • California
FIRST AMENDMENT TO NINTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF REDWOOD MORTGAGE INVESTORS IX, LLC a Delaware Limited Liability CompanyLimited Liability Company Operating Agreement • June 22nd, 2018 • Redwood Mortgage Investors IX • Real estate
This First Amendment (the “Amendment”) to the Ninth Amended and Restated Limited Liability Company Operating Agreement of Redwood Mortgage Investors IX, LLC, dated March 25, 2016 (the “Operating Agreement”), amends the Operating Agreement of Redwood Mortgage Investors IX, LLC, a Delaware limited liability company (the “Company”), effective as of June 7, 2018. Capitalized terms that are used but not defined herein shall have the meanings set forth in the Operating Agreement.
SECOND LOAN MODIFICATION AGREEMENTLoan Modification Agreement • April 16th, 2024 • Redwood Mortgage Investors IX • Real estate
THIS SECOND LOAN MODIFICATION AGREEMENT (this “Agreement”) is entered into as of March 13, 2024 (the “Modification Effective Date”), between REDWOOD MORTGAGE INVESTORS IX, LLC, a Delaware limited liability company (“Borrower”), and WESTERN ALLIANCE BANK, an Arizona corporation (“Lender”). Borrower and Lender are collectively referred to herein as the “Parties.”
RECORDING REQUESTED BYDeed of Trust • March 17th, 2009 • Redwood Mortgage Investors IX • Real estate
Trustor also assigns to Beneficiary all rents, issues and profits of said realty reserving the right to collect and use the same except during continuance of default hereunder and during continuance of such default authorizing Beneficiary to collect and enforce the same by any lawful means in the name of any party hereto.
FORM OF SUBSCRIPTION AGREEMENT AND POWER OF ATTORNEY REDWOOD MORTGAGE INVESTORS IX, LLC A DELAWARE LIMITED LIABILITY COMPANYSubscription Agreement • March 30th, 2016 • Redwood Mortgage Investors IX • Real estate
The advisor certifies (i) that if the advisor is affiliated with a FINRA firm, that all fees received by him in connection with this transaction will be run through the books and records of the FINRA member firm in compliance with NASD Notice to Members 96-33, NASD Rule 3040 and FINRA Rule 3270; (ii) that if the investor has elected to pay client fees from earnings, the advisor hereby represents and warrants that he is a registered investment advisor under applicable federal and/or state securities laws; (iii) that, if applicable, the advisor understands and acknowledges that neither the company or the managers shall have any liability to him with respect to any client fees paid from members’ earnings under the authorization agreement and that the managers and the company in no way guarantee that there will be sufficient cash for distribution to members and, thus in the case of a signed authorization agreement, sufficient cash for the member to pay the client fees from earnings; and (i
FIRST AMENDMENT TO NINTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OFLimited Liability Company Operating Agreement • May 9th, 2019 • Redwood Mortgage Investors IX • Real estate
This First Amendment (the “Amendment”) to the Ninth Amended and Restated Limited Liability Company Operating Agreement of Redwood Mortgage Investors IX, LLC, dated March 25, 2016 (the “Operating Agreement”), amends the Operating Agreement of Redwood Mortgage Investors IX, LLC, a Delaware limited liability company (the “Company”), effective as of June 7, 2018. Capitalized terms that are used but not defined herein shall have the meanings set forth in the Operating Agreement.
FORM OF SELECTED INVESTMENT ADVISOR AGREEMENTSelected Investment Advisor Agreement • November 10th, 2016 • Redwood Mortgage Investors IX • Real estate • Delaware
THIS SELECTED INVESTMENT ADVISOR AGREEMENT (the “Agreement”) is made and entered into as of the day indicated on Exhibit A attached hereto and by this reference incorporated herein, by and among REDWOOD MORTGAGE INVESTORS IX, LLC, a Delaware limited liability company (the “Company”) and the selected investment advisor (the “SIA”) identified in Exhibit A hereto.
187,500,000 Units of Limited Liability Company Interests ($1 per Unit) REDWOOD MORTGAGE INVESTORS IX, LLC PARTICIPATING BROKER-DEALER AGREEMENTParticipating Broker-Dealer Agreement • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate • Delaware
Redwood Mortgage Corp., a California corporation, and Gymno LLC, a California limited liability company, are the Managers (the “Managers”) of Redwood Mortgage Investors IX, LLC, a Delaware limited liability company (the “Company”) engaged in business as a mortgage lender. The Company will loan Redwood Mortgage Corp. funds (the “Formation Loan”) out of which Redwood Mortgage Corp. will pay sales commissions under this Participating Broker-Dealer Agreement, as may be amended from time to time (the “Agreement”). The Company proposes to offer and sell to qualified investors, upon the terms and subject to the conditions set forth in the Prospectus (as defined below), units of limited liability company interests (“Units”) of the Company at a purchase price of $1 per Unit, with a minimum investment of five thousand (5,000) Units for initial investments and one thousand (1,000) Units for additional investments by existing members. The offering (the “Offering”) is for a maximum of 187,500,000 U
DEED OF TRUST AND ASSIGNMENT OF RENTSDeed of Trust • November 27th, 2012 • Redwood Mortgage Investors IX • Real estate
