Common Contracts

2 similar Promissory Note contracts by GK Investment Holdings, LLC, GK Investment Property Holdings II LLC

PROMISSORY NOTE
Promissory Note • September 28th, 2021 • GK Investment Property Holdings II LLC • Real estate

FOR VALUE RECEIVED, GK PREFERRED INCOME II (RIDGMAR) SPE, LLC, a Delaware limited liability company (“GK Borrower”) and 1551 KINGSBURY PARTNERS SPE, LLC, a Delaware limited liability company (“Kingsbury Borrower”; and together with GK Borrower, individually or collectively, as the context requires, “Borrower”), jointly and severally, hereby promise to pay to the order of GK INVESTMENT PROPERTY HOLDINGS II, LLC, a Delaware limited liability company (“Lender”) the principal sum of THREE MILLION FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($3,500,000.00), with interest thereon, according to the terms of this Promissory Note (this “Note”).

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PROMISSORY NOTE
Promissory Note • September 28th, 2021 • GK Investment Holdings, LLC • Real estate

FOR VALUE RECEIVED, GK PREFERRED INCOME II (RIDGMAR) SPE, LLC, a Delaware limited liability company (“GK Borrower”) and 1551 KINGSBURY PARTNERS SPE, LLC, a Delaware limited liability company (“Kingsbury Borrower”; and together with GK Borrower, individually or collectively, as the context requires, “Borrower”), jointly and severally, hereby promise to pay to the order of GK INVESTMENT HOLDINGS, LLC, a Delaware limited liability company (“Lender”) the principal sum of THREE MILLION SEVEN HUNDRED THOUSAND AND 00/100 DOLLARS ($3,700,000.00), with interest thereon, according to the terms of this Promissory Note (this “Note”).

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