CONTINUING UNCONDITIONAL GUARANTYContinuing Unconditional Guaranty • November 21st, 2006 • United Development Funding III, LP • Miscellaneous business credit institution • Texas
This Continuing Unconditional Guaranty (this “Guaranty”) dated as of the 16th day of November, 2006 (the “Effective Date”), is made by Pars Investments, Inc., a Texas corporation (the “Guarantor”), for the benefit of United Development Funding III, L.P., a Delaware limited partnership and its successors and assigns (“Lender”).
SECURITY AGREEMENTSecurity Agreement • November 21st, 2006 • United Development Funding III, LP • Miscellaneous business credit institution • Texas
This Security Agreement (this “Agreement”) dated as of the 16th day of November, 2006 (the “Effective Date”), is made by Centurion Acquisitions, L.P., a Texas limited partnership and Pars Investments, Inc., a Texas corporation (for purposes of this Agreement each is referred to as a “Debtor” and collectively, “Debtors”), in favor of United Development Funding III, L.P., a Delaware limited partnership (“Lender”).
