FIXED RATE NOTE (B LOAN)AmREIT Monthly Income & Growth Fund III LTD • April 30th, 2007
Company FiledApril 30th, 2007FOR VALUE RECEIVED, SHAFER PLAZA I, LTD., a Texas limited partnership (hereinafter referred to as “Borrower”), having its principal place of business at 3001 Knox Street, Suite 207, Dallas, Texas 75205, unconditionally promises to pay to the order of JPMORGAN CHASE BANK, N.A., a banking association chartered under the laws of the United States of America having an office at 270 Park Avenue, New York, New York 10017, its successors and assigns (hereinafter referred to as “Lender”), at the office of Lender or its agent, designee, or assignee at 270 Park Avenue, New York, New York 10017, Attention: Loan Servicing, or at such place as Lender or its agent, designee, or assignee may from time to time designate in writing, the principal sum of SIX HUNDRED FORTY THOUSAND AND NO/100 DOLLARS ($640,000.00), in lawful money of the United States of America, with interest thereon to be computed on the unpaid principal balance from time to time outstanding at the Applicable Interest Rate (hereinafter
FIXED RATE NOTE (A LOAN)AmREIT Monthly Income & Growth Fund III LTD • April 30th, 2007
Company FiledApril 30th, 2007FOR VALUE RECEIVED, SHAFER PLAZA I, LTD., a Texas limited partnership (hereinafter referred to as “Borrower”), having its principal place of business at 3001 Knox Street, Suite 207, Dallas, Texas 75205, unconditionally promises to pay to the order of JPMORGAN CHASE BANK, N.A., a banking association chartered under the laws of the United States of America having an office at 270 Park Avenue, New York, New York 10017, its successors and assigns (hereinafter referred to as “Lender”), at the office of Lender or its agent, designee, or assignee at 270 Park Avenue, New York, New York 10017, Attention: Loan Servicing, or at such place as Lender or its agent, designee, or assignee may from time to time designate in writing, the principal sum of TEN MILLION TWO HUNDRED FORTY THOUSAND AND NO/100 DOLLARS ($10,240,000.00), in lawful money of the United States of America, with interest thereon to be computed on the unpaid principal balance from time to time outstanding at the Applicable Interest Ra