Common Contracts

LOAN AGREEMENT

Loan Agreement • April 8th, 2019 • North Carolina

• Contract Type
  Loan Agreement
• Filed
  April 8th, 2019
• Jurisdiction
  North Carolina

This Loan Agreement, (“Agreement”), dated March , 2019, is made and executed between Tyson Bates and Regina Church-Bates, (“Bates”) and Charlotte Mecklenburg Historic Landmarks Commission, (“HLC”) on the following terms and conditions. Bates has agreed to purchase from HLC a parcel of real property known as “Torrence-Lytle School”, (“Property”), and more particularly described on Exhibit A attached hereto and made a part of this Agreement. As a condition of Purchase, HLC has agreed to loan to Bates the purchase money, (“Loan”), for this transaction under the terms and conditions set forth hereafter.