Common Contracts
5 similar Mezzanine Loan Agreement contracts by Preferred Apartment Communities Inc
NOTEMezzanine Loan Agreement • May 9th, 2013 • Preferred Apartment Communities Inc • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, NEWPORT OVERTON HOLDINGS, LLC, a Georgia limited liability company, hereby promises to pay to the order of NEWPORT OVERTON MEZZANINE LENDING, LLC, a Georgia limited liability company (“Lender”), in accordance with the terms of that certain Mezzanine Loan Agreement dated as of May 8, 2013, as from time to time in effect, among the undersigned and Lender (the “Loan Agreement”) to the extent not sooner paid, on or before the Maturity Date, the principal sum of SIXTEEN MILLION SIX HUNDRED THREE THOUSAND NINE HUNDRED THIRTY-FIVE AND NO/100 DOLLARS ($16,603,935.00), or such amount as may be advanced by the payee hereof under the Loan Agreement, together with such additional principal from time to time outstanding under the Loan Agreement, with daily interest from the date hereof, computed as provided in the Loan Agreement, on the principal amount hereof from time to time unpaid, at a rate per annum on each portion of the principal amount which shall at al
NOTEMezzanine Loan Agreement • May 6th, 2013 • Preferred Apartment Communities Inc • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, IRIS CROSSTOWN PARTNERS LLC, a Georgia limited liability company, hereby promises to pay to the order of IRIS CROSSTOWN MEZZANINE LENDING, LLC, a Delaware limited liability company (“Lender”), in accordance with the terms of that certain Mezzanine Loan Agreement dated as of April 30, 2013, as from time to time in effect, among the undersigned and Lender (the “Loan Agreement”) to the extent not sooner paid, on or before the Maturity Date, the principal sum of TEN MILLION NINE HUNDRED SIXTY-TWO THOUSAND AND NO/100 DOLLARS ($10,962,000.00), or such amount as may be advanced by the payee hereof under the Loan Agreement, together with such additional principal from time to time outstanding under the Loan Agreement, with daily interest from the date hereof, computed as provided in the Loan Agreement, on the principal amount hereof from time to time unpaid, at a rate per annum on each portion of the principal amount which shall at all times be equal to the
NOTEMezzanine Loan Agreement • April 2nd, 2013 • Preferred Apartment Communities Inc • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, LELY APARTMENTS, LLC, a Georgia limited liability company, hereby promises to pay to the order of ASTER LELY MEZZANINE LENDING, LLC, a Georgia limited liability company (“Lender”), in accordance with the terms of that certain Mezzanine Loan Agreement dated as of March 28, 2013, as from time to time in effect, among the undersigned and Lender (the “Loan Agreement”) to the extent not sooner paid, on or before the Maturity Date, the principal sum of TWELVE MILLION SEVEN HUNDRED THIRTEEN THOUSAND TWO HUNDRED FORTY-ONE AND 55/100 DOLLARS ($12,713,241.55), or such amount as may be advanced by the payee hereof under the Loan Agreement, together with such additional principal from time to time outstanding under the Loan Agreement, with daily interest from the date hereof, computed as provided in the Loan Agreement, on the principal amount hereof from time to time unpaid, at a rate per annum on each portion of the principal amount which shall at all times be
NOTEMezzanine Loan Agreement • September 11th, 2012 • Preferred Apartment Communities Inc • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, OXFORD CITY PARK DEVELOPMENT LLC, a Georgia limited liability company, hereby promises to pay to the order of CITY PARK MEZZANINE LENDING, LLC, a Delaware limited liability company (“Lender”), in accordance with the terms of that certain Mezzanine Loan Agreement dated as of September 6, 2012, as from time to time in effect, among the undersigned and Lender (the “Loan Agreement”) to the extent not sooner paid, on or before the Maturity Date, the principal sum of TEN MILLION AND NO/100 DOLLARS ($10,000,000.00), or such amount as may be advanced by the payee hereof under the Loan Agreement, together with such additional principal from time to time outstanding under the Loan Agreement, with daily interest from the date hereof, computed as provided in the Loan Agreement, on the principal amount hereof from time to time unpaid, at a rate per annum on each portion of the principal amount which shall at all times be equal to the rate of interest applicable
NOTEMezzanine Loan Agreement • September 6th, 2012 • Preferred Apartment Communities Inc • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, OXFORD CITY VISTA DEVELOPMENT LLC, a Georgia limited liability company, hereby promises to pay to the order of CITY VISTA MEZZANINE LENDING, LLC, a Delaware limited liability company (“Lender”), in accordance with the terms of that certain Mezzanine Loan Agreement dated as of August 31, 2012, as from time to time in effect, among the undersigned and Lender (the “Loan Agreement”) to the extent not sooner paid, on or before the Maturity Date, the principal sum of TWELVE MILLION ONE HUNDRED FIFTY-THREE THOUSAND AND NO/100 DOLLARS ($12,153,000.00), or such amount as may be advanced by the payee hereof under the Loan Agreement, together with such additional principal from time to time outstanding under the Loan Agreement, with daily interest from the date hereof, computed as provided in the Loan Agreement, on the principal amount hereof from time to time unpaid, at a rate per annum on each portion of the principal amount which shall at all times be equal
