Common Contracts
3 similar Mortgage Note contracts by Electric City Corp
AMENDED AND RESTATED MORTGAGE NOTEMortgage Note • December 15th, 2005 • Electric City Corp • Electronic & other electrical equipment (no computer equip)
WHEREAS, the undersigned, ELECTRIC CITY CORP., a Delaware corporation, and GREAT LAKES CONTROLLED ENERGY CORPORATION, a Delaware corporation (collectively, “Borrowers” individually, a “Borrower”), have executed and delivered to the order of AMERICAN CHARTERED BANK, an Illinois state banking association (“Bank”), an Amended and Restated Mortgage Note dated December 31, 2004, in the original principal amount of $598,000.00 (the “Prior Note”); and
AMENDED AND RESTATED MORTGAGE NOTEMortgage Note • January 4th, 2005 • Electric City Corp • Electronic & other electrical equipment (no computer equip)
WHEREAS, the undersigned, ELECTRIC CITY CORP., a Delaware corporation, and GREAT LAKES CONTROLLED ENERGY CORPORATION, a Delaware corporation (collectively, “Borrowers” individually, a “Borrower”), have executed and delivered to the order AMERICAN CHARTERED BANK, an Illinois state banking association (“Bank”), a Mortgage Note dated September 30, 2003, in the original principal amount of $640,000.00 with a principal balance of $598,000 now outstanding (the “Prior Note”); and
MORTGAGE NOTEMortgage Note • November 13th, 2003 • Electric City Corp • Electronic & other electrical equipment (no computer equip)
FOR VALUE RECEIVED, the undersigned, ELECTRIC CITY CORP., a Delaware corporation, and GREAT LAKES CONTROLLED ENERGY CORPORATION, a Delaware corporation (collectively, “Borrowers”) hereby promise to pay to the order of AMERICAN CHARTERED BANK, an Illinois state banking association (“Bank”), in immediately available funds, on February 1, 2005, or such earlier maturity date as provided for herein, the principal sum of $640,000.00 (the “Loan”), as follows:
