Nobility Homes Inc Sample Contracts

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LOAN AGREEMENT Nobility Homes, Inc. Name of Borrower
Loan Agreement • January 21st, 1997 • Nobility Homes Inc • Mobile homes • Florida
AGREEMENT
Shareholder Agreement • February 1st, 2002 • Nobility Homes Inc • Mobile homes • Florida
NONSTANDARDIZED
Adoption Agreement • February 3rd, 2003 • Nobility Homes Inc • Mobile homes
OF NOBILITY 21, LLC
Operating Agreement • January 29th, 1998 • Nobility Homes Inc • Mobile homes • Tennessee
Borrower: Nobility Homes Inc. Date: June 04, 2009 Borrower Address: 3741 S.W. 7th St Ocala, FL 34474-0000 Loan Amount: Four Million Dollars and no cents ($4,000,000.00) Account No.: 5056399 Note No.: 42 Officer: Loren M. Thrasher, 10965
Commercial Note • January 29th, 2010 • Nobility Homes Inc • Mobile homes • Florida

For value received, the borrower(s) named above whether one or more, (the “Borrower”), jointly and severally promise to pay to the order of SunTrust Bank, a Georgia banking corporation (“SunTrust”) without offset in U.S. Dollars and in immediately available funds, the Loan Amount shown above, or the total of all amounts advanced under this commercial note and any modifications, renewals, extensions or replacements thereof (this “Note”) if less than the full Loan Amount is advanced, plus interest and any other amounts due, upon the terms specified below:

Seventh Amendment Finance Revenue Sharing Agreement
Finance Revenue Sharing Agreement • November 14th, 2011 • Nobility Homes Inc • Mobile homes

The Finance Revenue Sharing Agreement dated April 10, 2004 and as previously amended December 6, 2005, May 1, 2006, April 10, 2004, January 13, 2009, May 18, 2009 and June 8, 2010 is hereby amended as follows:

TERM NOTE
Term Note • January 29th, 2010 • Nobility Homes Inc • Mobile homes

This Note is the Term Note referred to in, and issued pursuant to, that certain Loan and Security Agreement dated as of May 20, 2009 by and among the Borrower and Lender and other parties thereto (as hereinafter amended from time to time, the “Loan and Security Agreement”), and is entitled to the benefit and security of the Loan and Security Agreement. All of the terms, covenants and conditions of the Loan and Security Agreement and other Loan Documents are hereby made a part of this Note and are deemed incorporated herein in full. All capitalized terms herein, unless otherwise specifically defined in this Note, shall have the meanings ascribed to them in the Loan and Security Agreement.

FINANCE REVENUE SHARING AGREEMENT
Finance Revenue Sharing Agreement • January 29th, 2010 • Nobility Homes Inc • Mobile homes • Tennessee

This Finance Revenue Sharing Agreement (the “Agreement”) is made and entered into as of April 10, 2004 by and between 21ST MORTGAGE CORPORATION, a Delaware corporation (“Lender“), and Prestige Home Centers, Inc., a Florida Corporation and Majestic Homes, Inc., a Florida Corporation, together the (“Sellers”).

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • January 29th, 2010 • Nobility Homes Inc • Mobile homes • Tennessee

THIS LOAN AND SECURITY AGREEMENT is made and entered into as of May 20, 2009, by and among CLAYTON BANK & TRUST (hereinafter referred to as “Lender”), a Tennessee chartered state banking institution whose principal office is located in Knoxville, Tennessee, and MAJESTIC 21 PARTNERSHIP (hereinafter referred to as “Borrower”), a Florida general partnership comprised 2lst MORTGAGE CORPORATION (hereinafter referred to as “21st Mortgage” and sometimes as “Servicer” or “Pledgor”), a Delaware corporation, and MAJESTIC HOMES, INC. (“Majestic Homes”), a Florida corporation. 21st Mortgage joins in this Agreement as a general partner of the Borrower and for the other purposes set forth herein. Majestic Homes joins in this Agreement as a general partner of the Borrower and for the other purposes set forth herein. NOBILITY HOMES, INC. (“Nobility Homes”), a Florida corporation also joins herein for the purposes set forth herein.

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