FIXED RATE NOTELoan Agreement • February 11th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation
FOR VALUE RECEIVED, COURSEY COMMONS SHOPPING CENTER LLC, a Louisiana limited liability company, (hereinafter referred to as “Borrower”), promises to pay to the order of JPMORGAN CHASE BANK, a New York banking corporation, 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 SEVEN MILLION SEVEN HUNDRED THOUSAND AND NO/100 DOLLARS ($7,700,000.00), 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 defined) at all times prior to the occurrence of an Event of Default (as defined in the Security Instrument [hereinafter defined]), and to be paid in installments as set forth below. Un
Manufacturers and Traders Trust CompanyDemand Note • February 11th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation
BORROWER: BLUE RIDGE REAL ESTATE COMPANY, a Pennsylvania corporation; BBC HOLDINGS, INC., a Delaware corporation; BRRE HOLDINGS, INC., a Delaware corporation; BIG BOULDER CORPORATION, a Pennsylvania corporation; NORTHEAST LAND CO., a Pennsylvania corporation; LAKE MOUNTAIN COMPANY, a Pennsylvania corporation, JACK FROST MOUNTAIN COMPANY, a Pennsylvania corporation, BOULDER CREEK RESORT COMPANY, a Pennsylvania corporation, OXBRIDGE SQUARE SHOPPING CENTER, LLC, a Virginia limited liability company, COURSEY COMMONS SHOPPING CENTER, LLC; a Louisiana limited liability company, COURSEY CREEK, LLC, a Louisiana limited liability company and COBBLE CREEK, LLC, a Louisiana limited liability company, jointly and severally, each having an Address of residence/chief executive office: Route 940 and Moseywood Road, P.O. Box 707, Blakeslee, Pennsylvania 18610-0707.
M&T BankConstruction Loan • February 11th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation
ASSUMPTION AND RELEASE AGREEMENTAssumption and Release Agreement • February 11th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation
THIS DEED OF TRUST AND SECURITY AGREEMENT (the "Security Instrument"} is made as of the 2d day of June, 1998, by OXBRIDGE SQUARE LIMITED PARTNERSHIP, a Virginia limited partnership, having its principal place of business at 7113 Staples Mill Road, P.O. Box 9462, Richmond, Virginia a 23228, as grantor ("Borrower') to David A. Howard, having an office at 4701 Cox Road Suite 108 Glen Allen, VA 23060, as trustee ("Trustee") for the benefit of LAUREATE REALTY SERVICES, INC., a South Carolina corporation, having an address at 227 West Trade Street, Suite 400, Charlotte, North Carolina 28202, Attn: LeAnn Beam, as grantee ("Lender'), AETNA LIFE INSURANCE COMPANY (Ground Lessor)
