Common Contracts

3 similar Secured Promissory Note contracts by MCI Income Fund V, LLC, MCI Income Fund VII, LLC

SECURED PROMISSORY NOTE
Secured Promissory Note • November 18th, 2022 • MCI Income Fund VII, LLC • Texas

FOR VALUE RECEIVED, ___________________________, a _____________________ (“Borrower”), hereby unconditionally promises to pay to the order of MCI INCOME FUND VII, LLC, a Delaware limited liability company (the “Lender”), as hereinafter provided, the original principal sum of _____________________ and 00/100 Dollars ($________.00), or so much thereof as may be advanced by Lender from time to time hereunder to or for the benefit or account of Borrower, subject to the Modification Threshold described herein, and together with interest thereon at the rate of interest hereinafter provided, without right of offset in favor of Borrower and otherwise in strict accordance with the terms and provisions hereof.

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SECURED PROMISSORY NOTE
Secured Promissory Note • June 21st, 2021 • MCI Income Fund V, LLC • Real estate • Texas

FOR VALUE RECEIVED, ___________________________, a _____________________ (“Borrower”), hereby unconditionally promises to pay to the order of MCI INCOME FUND V, LLC, a Delaware limited liability company (the “Lender”), as hereinafter provided, the original principal sum of ____________________ and 00/100 Dollars ($________.00), or so much thereof as may be advanced by Lender from time to time hereunder to or for the benefit or account of Borrower, subject to the Modification Threshold described herein, and together with interest thereon at the rate of interest hereinafter provided, without right of offset in favor of Borrower and otherwise in strict accordance with the terms and provisions hereof.

SECURED PROMISSORY NOTE
Secured Promissory Note • January 27th, 2021 • MCI Income Fund V, LLC • Real estate • Texas

FOR VALUE RECEIVED, ___________________________, a _____________________ (“Borrower”), hereby unconditionally promises to pay to the order of MCI INCOME FUND V, LLC, a Delaware limited liability company (the “Lender”), as hereinafter provided, the original principal sum of ____________________ and 00/100 Dollars ($________.00), or so much thereof as may be advanced by Lender from time to time hereunder to or for the benefit or account of Borrower, subject to the Modification Threshold described herein, and together with interest thereon at the rate of interest hereinafter provided, without right of offset in favor of Borrower and otherwise in strict accordance with the terms and provisions hereof.

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