CONSTRUCTION LOAN AGREEMENTConstruction Loan Agreement • February 28th, 2019 • Nevada
Contract Type FiledFebruary 28th, 2019 Jurisdiction("Lender") is made and executed on the following terms and conditions. Borrower has applied to Lender for a loan in the total principal amount of U.S. $1,800,000 in order to construct the Improvements on the Real Property described below. Lender is willing to lend the loan amount to Borrower solely under the terms and conditions specified in this Agreement and in the Related Documents, to each of which Borrower agrees. Borrower understands and agrees that: (a) in granting, renewing, or extending any Loan, Lender is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement, and (b) all such Loans shall be and remain subject to the terms and conditions of this Agreement.